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raycanales (OP)
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June 12, 2017, 05:13:04 PM
 #1

still a noob when it comes to CyberCurrency but at least i hold $1000 ETH and $1000 StraT

I have a noob question, I have a small group of investors (3) to be exact and they want information on cyber currency I have given them the little that I know and they are ready to start investing.

can anyone please help me out I am not going to lie but obviously I would like to make a little CoiN from their transactions, I do have a CoinBase account as well as localbitcoins I don't want to make too much just a small percentage 5%.

sorry if this is out of line and thank you in advance.

I want to start reselling hardware here locally in texas as there is no local vendor and I have seen some interest in mining.
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sweetdesirez
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June 12, 2017, 05:27:58 PM
 #2

The first warning I would say is, stay a hundred miles away from sites which claim to double and triple your coins overnight. Stay away from so called mining sites.
Go for what you are good at. Say, you are good in selling socks, do that using bitcoin as a payment method.
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June 12, 2017, 05:31:40 PM
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still a noob when it comes to CyberCurrency but at least i hold $1000 ETH and $1000 StraT

You are welcomed, there is nothing like cyber-currency but e-currency and that have little to do with cryptocoin because e-currency totally rely on fiat currency while cryptocoin also rely on bitcoin.

You need to re-frame your question correctly because i do not understand what you mean.
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June 12, 2017, 11:57:20 PM
 #4

I think this is not the right place to post your question about, this is all about services for bitcoin community.

Must post this in Bitcoin Discussion section for more detailed answers regarding your concern.
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June 13, 2017, 12:00:40 AM
 #5

First off, can we not call it "cyber-currency"? It is called cryptocurrency. Yes, it is available only online but it is basically based on cryptography, hence the name.

Second, your thread is totally in the wrong section. This would be best placed in the beginners and help section.

Third, if you are looking to earn from it then charge them a "management fee." Then just basically buy bitcoins with their money. Nothing else. It's worth the money for a long term investment and technically if you time it right it is good for even short term.

Lastly, not sure if you wanted to just deal with cryptocurrency or mining. If you want to mine or sell miners, then those are two different stories. Selling miners are easier but it's hard to explain it to your customers if you don't even know the basics of cryptocurrency.
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June 13, 2017, 12:15:46 AM
 #6

ı can say just dont be panıc. when your coın drops.

and dont use stop lımıt an exchanges. because whales usıng that sıt to steal your coın by sudden dumpand pump

as last be patıent.
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June 13, 2017, 01:26:34 AM
 #7

Don't waste your money with ponzi. If you wanna earn quickly, just trade.
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June 13, 2017, 02:15:17 AM
 #8

I'd keep it simple. If you're introducing these investors to crypocurrency and you are their primary source of information, then that goes both ways - if their investment takes a hit then you're going to take the blame. Respectfully, it sounds like you have a lot to learn and I'm no expert.

The best thing I think that you could do is buy ETH at whatever amount they want to invest, whether that's before or after they pay you (at your discretion), hold on to it for a week, then sell it to them/set them up with cold storage wallets for 97%. If that were to happen in the very short term I think you'd see a bigger return than the 5%, but that's pure speculation on my part and I encourage you to consider the risks. That might create a tax issue for you - if it does, it's probably best to ask them for a fee. Get clued up on how to safely store ETH, where is good to buy it, sound authoritative and pass the information on, but reiterate that anything can happen and they need to go in with their eyes open.

Going forward, there's money in arbitration between different crypto currencies if you know what you're doing and/or if you're lucky. There can be money in getting in early on new coins that gain popularity. In amongst the noise there are some very clued up people in the forums and there are a few on youtube. Like the real world - buy low, sell high, know when to hold 'em, know when to fold 'em Smiley



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June 13, 2017, 07:01:15 AM
 #9

I want you to be aware also your investors on investing to HYIP which is ponzi scheme not to be easily attracted on services that offer fast and huge money for the short of time. It would be better if you engage in trading... It is profitable indeed if you will learn how to manage it.

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ultrloa
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June 13, 2017, 07:41:00 AM
 #10

First you need to know is to learn to control your temper since anything might be happen on you if you simply believes on some fuds/hypes scattering on some exchange and be alert on tackle those big bumps happening on your hodl coins so that you can earn from it frequently by doing some short trades of that coins you have right now, And also you must avoid those people who tells that they can make you earn upon investing at them or they will do the trades for you since provably they are just a scumbags scattering right here..

R


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LLBIT|
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tungaqhd
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June 13, 2017, 08:35:31 AM
 #11

still a noob when it comes to CyberCurrency but at least i hold $1000 ETH and $1000 StraT

I have a noob question, I have a small group of investors (3) to be exact and they want information on cyber currency I have given them the little that I know and they are ready to start investing.

can anyone please help me out I am not going to lie but obviously I would like to make a little CoiN from their transactions, I do have a CoinBase account as well as localbitcoins I don't want to make too much just a small percentage 5%.

sorry if this is out of line and thank you in advance.

I want to start reselling hardware here locally in texas as there is no local vendor and I have seen some interest in mining.
Welcome to Crypto World.
If you have a large money, you can lean trading. It's a good way and can bring you a ton of money ( if you trade well and lucky), Lending is good too  Grin
Be aware of Hyip, Ponzi, Cloud Mining because most of them are scam.
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June 13, 2017, 09:25:44 PM
 #12

I want you to be aware also your investors on investing to HYIP which is ponzi scheme not to be easily attracted on services that offer fast and huge money for the short of time. It would be better if you engage in trading... It is profitable indeed if you will learn how to manage it.

To detect those ponzi's you must have reality check for those guys promising you an investment without any proof to show or products that has been running like farm of mining or any hardware. They've been using a fabricates websites with a good looks but in a long run it will scam you. That's a good advice from our mate here, investing in trading is such a certain idea and profit is there to prosper you all the time as long as you are willing to learn and have a deep since of analysis' you can do it.
arwin100
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June 14, 2017, 04:25:30 AM
 #13

I want you to be aware also your investors on investing to HYIP which is ponzi scheme not to be easily attracted on services that offer fast and huge money for the short of time. It would be better if you engage in trading... It is profitable indeed if you will learn how to manage it.

To detect those ponzi's you must have reality check for those guys promising you an investment without any proof to show or products that has been running like farm of mining or any hardware. They've been using a fabricates websites with a good looks but in a long run it will scam you. That's a good advice from our mate here, investing in trading is such a certain idea and profit is there to prosper you all the time as long as you are willing to learn and have a deep since of analysis' you can do it.

Reality check that needed to be done by those people who keeps inquiring about Hyip investment so that they can find some real information for themselves so that they will be saved from those people who Do scamming as part of their livings. Many people kept telling that some sort of program here is dangerous and purely scam and newbie should need to listen on those kind of words or feedbacks since its pretty helpfulll for them on their ventures online so that they will not fall on bad schemes.

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