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Author Topic: Where can i invest my money?  (Read 34121 times)
blackmagician
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January 26, 2017, 12:26:51 AM
 #21

Buy bitcoin today and hold for atleast two or three years. Cause investing into different kinds of programs will only loose all your bitcoins,you can do a lot of things using you money. Buy altcoins or go trading.
Yes I agree with you dude, buy more bitcoin and hold for 1-3 years and see your money grow or you can make profit from it. Yes investing in different kinds of programs loose your money . trading is also good if you want to make money/bitcoin. Buy low and then wait to increase and then sell it.
Still risky thing to do. But once your speculation go on the right way,big profit will come to you. You must have the guts to risk all your money in exchange of good profit .

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January 26, 2017, 12:44:14 AM
 #22

He doesn't have 2 millions, who will come here to ask what to do with that money. Who is walking around and yelling about 2 millions in his pocket? Millionaires don't do such foolish things. If I have 2 mil. I would pay for advice, or I will ask some people but I would that very privately.

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January 26, 2017, 02:58:25 AM
 #23

I currently have 2mil usd for investment.

I wanna invest it on bitcoin. Where can I invest it?

Please give me all the alternatives

thanks!

also, please look at my first post I plan to build a mining farm: https://bitcointalk.org/index.php?topic=1764338.msg17619998#msg17619998

if this is true, then its a big of money. for making investments, you can try investing with gambling and not playing gambling, the other choice is trading. if you want to build mining farms, then my suggestion is mining altcoin which could make you easy to collected than you mining btc.

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January 26, 2017, 03:19:10 AM
 #24

If you do have 2M USD and you want to invest in bitcoin, I will going to add myself to those people not to suggest you to invest in mining.

You must consider on how much it cost the generation of electricity to your country. Even you do have a lot of capital.

Building a mining farm is not good nowadays, much better if you are going to buy bulks of bitcoins and invest into real life.
Well i think mining still a good idea since bitcoin price is not stable you can gain more profit or ROI every month.. and build your own farm it can be passive income.. but you should check if you electricity cost is below 10 cents i think it will be profitable mostly here in my country we are not paying in electricity bill in our province we can make bitcoin farm there but the problem we still have no budget to buy miners..
Since he had 2m usd i think it will be ok..

That's what I'm saying, building a farm does really cost and consumes a lot of electricity so if he is living in a country where electricity is expensive.

Then he should not continue his plan of doing his desire to have his own mining farm. AFAIK, there are only few countries who have cheap electricity.

Regardless of the capital he got, investment is investment you need to be responsible on the amount you are going to invest that you need to grow.

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January 26, 2017, 03:27:32 AM
 #25

Become a payment processor for bitcoin, run at least 50 full nodes and buy 50 miners then any online business wants to accept bitcoin as payment you could provide your services such as handling incoming transactions and immediately exchanging them to fiat and transfer to client's bank accounts.

For example; someone wants to sell an item for $80 they will then accept a few payment methods like paypal, skrill, PM, bitcoin, credit card, etc.
A buyer wants that item and is willing to pay by bitcoin, all they need to do is to pay $80 in btc to an address which will be your wallet add, then you automatically take that btc and send $80 to seller's bank account with a small fee deducted.

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January 26, 2017, 04:55:02 AM
 #26

You mean where can you buy it?

I know where to buy bitcoin. I mean which bitcoin business I could get the most out of my funds. Bitcoin Casino (I have no programming skills), Farming, Trading etc.

So instead of farming, and aside from your suggestion do you have other suggestions whre I could make an empire out of btc lol
2M USD is a lot! Like others are saying mining farm won't be worth it. There is this huge electricity cost and lots of hassle which is  not worth going through. You are better off trading and try investing of different legitimate casinos.


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January 26, 2017, 05:24:13 AM
 #27

Give me some of it, I'll invest it for you! Smiley
I saw your previous post in the mining section and I can tell you that mining bitcoin is a bad idea at the moment, even if you have 2 million to spend.
If I were you I wouldn't even bother with speculations, mining, altcoins and casinos. Live your life, take your women on a cruise, spend some time travelling the world.
If you really want to invest, buy a land in a nice spot with a great view and build a hotel or a restaurant.
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January 26, 2017, 05:32:24 AM
 #28

I'm up to that. But the problem with mining is the electricity consumption. Do you have any suggestion on how I can lessen the electricity consumption?

Do you have some tips for me on how I would start my mining farm?

Already did that crowdfunding stuff. BTCPANDA STOLE MY $30,000!!!!!!

I can't give you any much tips as I always wanted to start mining and I had plans but for some reasons , I never started due to the risks. If It was for me and I had this electricity issue , I would apply for a job in the electricity provider company , I'm not sure where you live and how things works there but here , If you work for them , you will get electricity for free or a decent percentage off the real price.

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January 26, 2017, 06:27:24 AM
 #29

If you have a two million dollars reserved for investment then you are right in asking where to place your investment. Two million dollars i very big enough and I suggest you just keep the 1 million dollars in your account and invest your 1 million dollars in bitcoin. Once you have purchased bitcoin you dont need to do something but you just hold your bitcoins and wait for it to grow in price.

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January 26, 2017, 06:38:16 AM
 #30

Two million dollars is a high amount of money. With that capital,  you arecapable of doing a lot of things such as running his own business, open a store or a shops, investing in some potential project. Asking people here, however, is not a right choice because of the lack of experience around. People here do not have much experience about having a large amount of money and I doubt that there are few people who can give you a right advice. Therefore, you should read some book or listen to what Warren Buffet or Bill Gates said. They might be very useful to you


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January 26, 2017, 06:47:35 AM
 #31

I believe that you should liquidate your money not just with bitcoins but in other investment programs so you can maximize your profit ,A 2 million dollars is a big amount of money and of course you're not gonna let it sleep , why not  invest in a business , try also the stock market while investing in bitcoin , sounds good right ?
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January 26, 2017, 09:18:08 AM
 #32

Invest it to the bitcoin world Cheesy
Like buying some bitcoin and also put some into real business where you can earn profit daily on that.

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January 26, 2017, 09:23:58 AM
 #33

Invest it to the bitcoin world Cheesy
Like buying some bitcoin and also put some into real business where you can earn profit daily on that.

I think it would be so hard to invest on any other thing. We needed to adjust what will gonna happen, we still need some of the best strategies to make our own earnings, if we go to any investments, we should know what is the best on it


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January 26, 2017, 09:34:18 AM
 #34

2 million dollars is a really big amount of money if you want to invest  in bitcoins you must be prepared for all of its consequences but one thing for sure If you hold your bitcoins for a year it will really gain profit bigger than bank can offer , I started holding bitcoin when it hit $500 and I hold it until it reach $1000 but mind you , you really need a lot of patience for this or else you will just lose your money.
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January 26, 2017, 09:52:10 AM
 #35

He doesn't have 2 millions, who will come here to ask what to do with that money. Who is walking around and yelling about 2 millions in his pocket? Millionaires don't do such foolish things. If I have 2 mil. I would pay for advice, or I will ask some people but I would that very privately.

Who cares LOL, he wanted to assume he have so we can not do anything about it.  And paying for advice will more likely these people will take advantage of you especially if they have this kind of company, they will push it to you so you can invest to that company and get his referral fee.  Same things with banks LOL. 





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January 26, 2017, 09:59:29 AM
 #36

Just buy and hold bitcoins with some of your money, don't go all in. If you check the weekly btc/usd chart, you will see that bitcoin is building up slowly since 200$'s. There were 2 big spikes which normalized in a short time and we're on the track again.

No need to mine bitcoins unless you have nearly free electricity. Just buy them.

noel2123
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January 26, 2017, 10:12:34 AM
 #37

Just buy and hold bitcoins with some of your money, don't go all in. If you check the weekly btc/usd chart, you will see that bitcoin is building up slowly since 200$'s. There were 2 big spikes which normalized in a short time and we're on the track again.

No need to mine bitcoins unless you have nearly free electricity. Just buy them.



We all just saying that bitcoins can lead us to be rich. I think that bitcoin is only way to have a sideline, we does not have to invest all of our money just to be invest on. We need to mine bitcoins, not just in a period of time, we needed to focus on our investments.
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January 26, 2017, 02:56:52 PM
 #38

I currently have 2mil usd for investment.

I wanna invest it on bitcoin. Where can I invest it?

Please give me all the alternatives

thanks!

also, please look at my first post I plan to build a mining farm: https://bitcointalk.org/index.php?topic=1764338.msg17619998#msg17619998

Since you are holding big amount of money, then better buy bitcoin now and hold it for long, then for sure time will come your bitcoin will rise in value of dollar, and I guess that is less risk because we can see how is bitcoin growing now.

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January 26, 2017, 03:09:28 PM
 #39

Buy bitcoin today and hold for atleast two or three years. Cause investing into different kinds of programs will only loose all your bitcoins,you can do a lot of things using you money. Buy altcoins or go trading.
Yes I agree with you dude, buy more bitcoin and hold for 1-3 years and see your money grow or you can make profit from it. Yes investing in different kinds of programs loose your money . trading is also good if you want to make money/bitcoin. Buy low and then wait to increase and then sell it.
Still risky thing to do. But once your speculation go on the right way,big profit will come to you. You must have the guts to risk all your money in exchange of good profit .

Holding money will give you good profits but you have to wait for it patiently in order to make big profits. Suppose if you buy altcoin you have to sell them at when price increases it is more risky when compared to bitcoin investment.

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January 26, 2017, 03:09:55 PM
 #40

Consider minting Mintcoin instead of mining Bitcoin.

Sick of mining?  Start minting!  5% per year!  Mintcoin "MINT"
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