Invest .0025 into a lending platform? Any suggestions? Is this dumb?

[99th]

Many lending platforms have a minimum deposit/investment of .002 and I'm wondering if trying a few of the brand new ones with just .0025 would be a bad idea?

Before you say "NO", please think about the fact that regardless of Ponzi schemes and referral links, many of these platforms have made a lot of people a ton of money from the lending alone. I do realize that Bitpetite bailed and that laser online did recently as well...but isn't any investment a risk?

I would like to try and trade some altcoins from my MEW wallet, but I don't even have any Eth for gas to get started

Any suggestions on the best platform to invest .002 into?

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[AltsBoom]

I wouldn't invest a red cent into any "lending platforms" because they to me seem like a scam. Sure some people have made some money but why do you think that is? It has to be at the expense of somebody else and ethically this is something I can't involve myself with. Have fun there are about 50 lending coins out there pick your poison.

[BTCMILLIONAIRE]

Yes it's dumb. All lending platforms are ponzi schemes.

The interests that they claim are so massive that they would end up creating more money than has ever existed in the history of humanity within just a few years. The only people who win are the creators of the ponzi scheme and some who were lucky enough to exit before the house of cards collapses.

If you want large short-term profits go with something like Waves instead. They've got four major improvements coming up in the next week, so the price will go up from currently around $8 to anywhere from $20 to $40 next week.

[bisa coy]

I think it's the same you wasted time alone if doing it because like giving gas with us it's useless. so it should not.

[anthi]

i invested about 0.1 btc in Bitconnect a few months ago
already got my money back, but I would've made more profit if I just hodlt the btc
but now im breakeven and make little profit every day

problem is that those sites could just disappear one day and your money is gone

its only really profitable if you have lots of supporters and you get the referral bonuses
if you have a youtube channel or lots of followers on instagram you might be able to raise
look at cryptonick for example, I think he never invested a dollar of his own, he got staked
his profit will soon be a cool million $

[favdesu]

lending platforms are full of scam and fraud, especially in crypto. I'd stay away.

[Nadia_l]

lending platforms are full of scam and fraud, especially in crypto. I'd stay away.

And the last one was Credence Coin that falls some days earlier from $4 to $0.04 because It was scam and it even has not a website launched.
It`s too high level of scams there so at Your place I would buy some tokens of the ETHlend, the P2P lending marketplace which is trading for now almost for the ICO price.

[BTCMILLIONAIRE]

lending platforms are full of scam and fraud, especially in crypto. I'd stay away.

And the last one was Credence Coin that falls some days earlier from $4 to $0.04 because It was scam and it even has not a website launched.
It`s too high level of scams there so at Your place I would buy some tokens of the ETHlend, the P2P lending marketplace which is trading for now almost for the ICO price.

P2P lending without KYC is garbage too. Your loans are basically guaranteed to pop, even if there's a hedging mechanism in place.

[batang_bitcoin]

Many lending platforms have a minimum deposit/investment of .002 and I'm wondering if trying a few of the brand new ones with just .0025 would be a bad idea?

I don't think that's wise to invest into such lending platforms, what platform are you trying to consider?

Before you say "NO", please think about the fact that regardless of Ponzi schemes and referral links, many of these platforms have made a lot of people a ton of money from the lending alone. I do realize that Bitpetite bailed and that laser online did recently as well...but isn't any investment a risk?

Before you say so, have you earned with them? Ponzi schemes are real scams and if they made those people a ton of money, they have made a lot of people lost their money too.

I would like to try and trade some altcoins from my MEW wallet, but I don't even have any Eth for gas to get started

This is better, trade with real altcoins and buy them.

[jiangsuren]

i don't believe lending platforms and most of them are scamming you put your money in it
 with a high profit , but you will find you didn't make the promising profit finally

[DigeNarrator]

putting small amounts in this programs is smart
they can make you easily x10
just dont put too much and it should be fine...
after 10 programs if you make x10 in 1 of them, you didnt lose anything =]

[Fidemoga]

The only legit lending platforms, I know, are here on Bitcointalk forum, poloniex and Bitfinex.

Before you say "NO", please think about the fact that regardless of Ponzi schemes and referral links, many of these platforms have made a lot of people a ton of money from the lending alone. I do realize that Bitpetite bailed and that laser online did recently as well...but isn't any investment a risk?



Any suggestions on the best platform to invest .002 into?

What you are talking about, is Ponzi and Scam and it has nothing to do with lending. What users may earn, if they do, it is stolen from those, who invested later.

[BTCMILLIONAIRE]

putting small amounts in this programs is smart
they can make you easily x10
just dont put too much and it should be fine...
after 10 programs if you make x10 in 1 of them, you didnt lose anything =]

Or you can just put your money into real projects that aren't scams/ponzis and make money while supporting something good.