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Author Topic: The best way to manage free money  (Read 1961 times)
burakdat
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March 28, 2018, 02:20:29 AM
 #81

Invest in cryptocurrency and wait for it to.double your money then invest again so as to make you wealthy in the process. Anyway there i.no worry about the investment since that is an extra money you are invested. And the good thing is that it will double in the near future without taking emotions that could overflow and resulted to negative consequences of your investments. So make.use out of it and be wealthynin cryprtocurrency. You are lucky enough to.have and extra money for you to.invest. If i had only that much. money left after the spenditures of the cost of living then gladly i will invest it in cryptocurrency.

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boled (OP)
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March 28, 2018, 02:30:12 AM
 #82

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1. As to bank deposits, this is not worth it unless you have large amount because you will have bigger interest rate. If you only have small amount then don't bother. At the end of the year, your money will just be devalued because of inflation and you will have to pay taxes for your interest.
we're talking $ 50,000, this is really free money, the work in following the ICO bounty for several months. in my country (Indonesia) the highest deposit rate of 5.8%. What do you think?


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2. Maybe you can lend cryptocurrency to sites such as poloniex and bitfinex. You need to set an interest rate daily or any other term that is preferable for you. This is preferable for me because my cryptocurrency is increasing even though I did not do anything.
I'm studying yobit and poloniex market, and still need a lot of information before I decide to enter.

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4. This is a good investment for me. We know that before the existence of cryptos, precious metals has been a safe haven for investors if there is an economic uncertainty and even if cryptos are already existing, gold has always been the favored asset for some investors because it is tangible and widely accepted.
I've decided not to invest in gold. the investment is too long, and I have to keep it at home, I'm afraid of theft or robbery. if I keep it in the bank, I have to pay the bank fee.

Quote
5. Property is a good investment as well. To have a passive income, you need to rent it out and you may even just buy and develop and then sell a property.
I am studying legal / legal issues in my country. I am very interested. thanks for the advice.



There's really no way to manage our savings balance for free, so there's nothing like it because I've learned a lot from the experiences I've learned.

In the future if you want to earn a profit and earn enough for our life in the future, we can invest or trade cripto money to earn income without having to work hard.
This is the easiest way that does not require more power .. and without capital we can find our income quickly, and the investment advantage of cripto money is also quite large that we can get.
Managing your savings balance alone will not increase your saved balance.
We must have the info to develop the balance of money we have can earn a large income, so that the balance of our deposit money increases.
So investing cripto money is the correct way to increase our syndrome balance in cripto money investing.
Not everyone can invest and make huge profits by investing cripto money, just for people who are experts in digital money investing.
For beginners, I suggest to learn more to start investing cripto bitcoin money or investing other types of cripto money, so as not to suffer huge losses when starting a digital money investment.
honestly i dont expect too much. but if I can make big profits, that's a bonus I think. I'm just trying to manage my money safely and profitably.
with a reasonable profit. thanks for your suggestions, and right now I'm learning more in investing, including crypto.
mel1978
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March 28, 2018, 02:37:33 AM
 #83

I feel unable to do daily trading in market bitcoin / cryptocurrency, I want to invest my money. please give me advise on what you think is good about:

1. bank deposits
2. Lending cryptocurrency
3. Mining
4. Gold assets
5. Property
6. other ideas ...


your response will be very useful for me, and maybe some visitors who read this thread. and thank you for your comments.

I would suggest to invest in cryptocurrency since the price is low now and it is good to buy for it, wait or hold until the price will hit in the market. Trading crypto is not an easy task but when you are intelligent enough to play with it you can have huge profit. Investing in Gold assets is good but I would prefer to invest in crypto since I have earned a lot from it. Regarding to the options you stated above, I would prefer to choose god assets since it has a good potential in the future.
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March 28, 2018, 02:44:07 AM
Last edit: March 28, 2018, 03:26:09 AM by Johnzky
 #84

Lending cryptos can be a good option out of the list
thanks. right now I am trying to learn this. and compare the risks

Best way is the invest in the crypto currency like BTC i guaranty it
can you tell me, what kind of invest can I do with BTC? honestly want to have a lot of BTC, but I see BTC price is too expensive for me. but I will consider it if it finds a good way to be able to earn profits with little risk.


I would prefer cryptocurrency since prices are low at the moment but if you have that much money then i would suggest to divert some of your funds to other investments. For me gold and property would be at the top of my list other than crypto that is.

As you have said its a FREE MONEY so i guess you must not give lots of concerns about such,so why not buy BTC and just let it in your waller for years.forget it for a while until the time you want to wothdraw it all.and i guess by that time it would be mor bigger.

Check this drop out story how he become a millionaire

https://www.cnbc.com/2017/06/20/bitcoin-millionaire-erik-finman-says-going-to-college-isnt-worth-it.html  There it is
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March 28, 2018, 02:46:57 AM
 #85

If you want to manage your investments in the long term such a hold over the past few years on bitcoin or altcoin I think will give great results. Maybe you just can't wait and just traded daily in order to quickly get the results.
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March 28, 2018, 02:55:27 AM
 #86

there are many ways to manage your financial condition so that your assets can increase but to benefit every day of course mining is the right choice but you have to understand how to good mining from mining you can get bitcoin every day without having to trade.
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March 28, 2018, 03:19:03 AM
 #87

Genuinely speaking if you have got free money then just use it to create a good portfolio of altcoins. As you have hit the market at right time, and the right time means all the crypto currency is in red bloodbath. This usually is the opportunity for small investors like you and me to buy most of the wanted coins and that too in large quantities and thus trade them later on when the value for them grows. What red bloodbath means? It means that almost every other crypto currency in the market is down in the value over normal value and thus it makes sure that it will come back to normal once the market is reversed. So you see its working model and people are making money out of it.

Moreover, it will be always great to put some extra money into bitcoin at this point and choose 3-5 alts to invest in. After one year I am definitely sure that you wont regret the whole situation.
this is not the money I get for free, although it's easy, but I work hard to participate in the success of ICO some startup. and it is true that what I am talking about is free money. I will allocate a portion, approximately 1/3, to investing in altcoin, while learning about investing, I am monitoring the movement of some coins, ETH, XRP, MAID and STR. I have not dared to buy BTC, the price is already high.
thanks for the advice, it is very helpful, if there is information about prospective altcoin to be held in a few months, I will be very thankful.



All of them are good but it is just up to you on how to handle yourself dealing with any of the listed above. For me, I would prefer to convert it to property like land, or condominium or apartment or any real property in which you can gain a profit.
I really agree with you, I am studying it, digging up information about the legality and price in my country. Thank you for the advice.



all of it were good but i will ruled out mining because this is not good idea that mining so expensive currently and i highly doubt you will earn profit from it however besides those things above i think including invest at land or property also good because property price always be increase for every year so i think investing at property is good for long term
I have removed the mining and gold from the list. I focus on studying bank deposits, lending crypto, and properties. many things I need to learn, much information I need to decide. I have also decided to allocate 1/3 of funds to buy some good crypto, I am currently monitoring ETH, MAID, STR, XRP to get the right moment. thanks for helping to advise.




With bank deposit, the ROI is minimal but is least risky.
Mining is profitable if you have the apt resources and skills.
Gold assets can be a good option as the risk involved is less. In last 15 years gold has given return of 315%.
Property investment depends upon country to country.

Now, comes cryptocurrencies. Last year, Bitcoin has given return of 1800% and Ethereum has given the return of 10000%. Cryptocurrency trading is indeed risky. But a long term investment reduces the risk. The Q1 is the best time to go long on cryptocurrency and Q4 is the best time to short profit. You can invest in large cap coins at the moment and can withdraw tour money by year end.
Bank deposits in my country give 5.8% per month. This is very safe, so I will still allocate some to make deposits in the bank. at least 1/3 of the funds I have. 1/3 again I've decided to buy some crypto / altcoins, I'm monitoring to get the right moment to buy.
mining requires substantial funds to purchase equipment, pay for electricity, places and maintenance. and it seems to require extra work. if you force yourself to join cloud mining, this is very risky, we never know the ability of the company and there is no guarantee of capital security.
I am not able to do daily trading, including scalping, I choose to be a bag holder, I plan to buy ETH, XRP, STR, Maid and some old coins. Thank you for your advice.
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March 28, 2018, 03:22:03 AM
 #88

It's up to you, if you're not afraid of risk, and you want to get more money, investing in encrypted money is your best bet.

If you can't take the risk, you can choose the bank, the safety and the benefits are proportional.
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March 28, 2018, 03:26:18 AM
 #89

In terms of free money i think the best way to do with it is just to invest it to something else that can help you earn more with it.Depositing it on banks yeah its profitable but doesnt offer that big profit rather  than investing on trading or such thing

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March 28, 2018, 03:30:54 AM
 #90

I feel unable to do daily trading in market bitcoin / cryptocurrency, I want to invest my money. please give me advise on what you think is good about:

1. bank deposits
2. Lending cryptocurrency
3. Mining
4. Gold assets
5. Property
6. other ideas ...


your response will be very useful for me, and maybe some visitors who read this thread. and thank you for your comments.

From what i know of the crypto world, the best time to invest or buy more BTC or any other potential coin is now as the prices are low. The price will rise by the end of this year - experts predicts same.
boled (OP)
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March 28, 2018, 03:39:11 AM
 #91



As you have said its a FREE MONEY so i guess you must not give lots of concerns about such,so why not buy BTC and just let it in your waller for years.forget it for a while until the time you want to wothdraw it all.and i guess by that time it would be mor bigger.

Check this drop out story how he become a millionaire

https://www.cnbc.com/2017/06/20/bitcoin-millionaire-erik-finman-says-going-to-college-isnt-worth-it.html  There it is
I understand that I do not have to worry, but I'm not as good as him, I'll invest some, and I have to keep others safe. I am afraid of the bitcoin price movement, I feel the BTC price is too high, I will try on another coin. for bitcoin, I really want to have it, I'll try to get it another way, maybe by selling some of my token assets if it's already released in the market. Erik Finman may be very lucky, but luck does not come to everybody. we have the same belief in the future of crypto, but we both know that no one can ascertain what the future of crypto will be like. I will take every opportunity that is profitable, but I will not surrender my life to "mr.lucky".
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March 28, 2018, 04:50:17 AM
 #92

In terms of free money i think the best way to do with it is just to invest it to something else that can help you earn more with it.Depositing it on banks yeah its profitable but doesnt offer that big profit rather  than investing on trading or such thing

I think to manage free money is not difficult as long as we know what we want to do with that money and if we have a plan to invest in other things then we need to right away to invest without any delay. maybe depositing at the banks is a good choice for us but we need to calculate how much return that we receive in monthly and how long the time we want to deposit. the other choice is to invest in cryptocurrency and not use for any purposes and we only keep it in our wallet.

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March 28, 2018, 05:15:42 AM
 #93

Put resources into digital currency and sit tight for it to.double your cash at that point contribute again in order to make you well off simultaneously. At any rate there i.no stress over the speculation since that is an additional cash you are contributed. Also, the good thing is that it will twofold sooner rather than later without taking feelings that could flood and came about to negative outcomes of your speculations. So make.use out of it and be affluence cryprto cash. You are sufficiently fortunate to.have and additional cash for you to.invest. In the event that I had just that much. cash left after the uses of the average cost for basic items then happily I will put it in digital money.
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March 28, 2018, 11:02:30 AM
 #94

The best ways to manage your money is you need to open your bank account and put some of your money there,and also you can invest some of your money.you can buy also some properties.
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March 28, 2018, 11:24:22 AM
 #95

The best ways to manage your money is you need to open your bank account and put some of your money there,and also you can invest some of your money.you can buy also some properties.
That's also the best way to manage your money by buying properties as this may grow your investment. In a bank we can say our money is safe even the interest is low. To help us to manage our money is search for the top and the bet of all because we cannot bring back when it lose.
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March 28, 2018, 12:03:19 PM
 #96

1. bank deposits

Well, It's one of the basics forms of investment. Though Investing in banks has a lower ROI and you need to at least store your money from them for a period of time just to see to the small results.

2. Lending cryptocurrency

It's a bit risky but a has a huge return. In this field there are a lot of people will try to gain your trust from a number of transactions after falling to them these borrowers will definitely loan a huge amount and run with it. Just be careful and don't let your guard down.

3. Mining

If you started way before or let's say 2013-2014 then you could be possibly a millionaire by now. Though as of now, A good mining rig is not enough to pay for your expenses especially in electricity bills and maintenance. If you are willing to spend thousands of dollars for an extraordinary rig then you could expect a high possibility that you will reach your ROI.

4. Gold assets

Most stable investment, I guess. Good return and a good investment.

5. Property

Same goes for Gold. Though in property, We called it as the passive investment. If you invested your money in property and lease it then expect a return monthly.

6. Trading

Trading is one of the best ways to invest your money. Trading, in general, has a high return and high risks. But before engaging in such activity, you must learn first the nature of Trading itself. It's easy to understand if you will also invest your time in studying it.
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March 28, 2018, 12:23:43 PM
 #97

The best ways to manage your money is you need to open your bank account and put some of your money there,and also you can invest some of your money.you can buy also some properties.
Opening a Bank account is the best way to lose your savings. Lol. What surprises me is that nowadays there are people who think that. The interest that banks pay you for using your Deposit cannot be called income. This is just the amount that allows you to offset your losses from inflation. I recommend you study mathematics better.
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March 28, 2018, 01:38:46 PM
 #98

I think this is a very good way. The money deposited by the bank is not very profitable. Bitcoin is useful for investment. So, in my opinion, make Bitcoin money and profit by selling it with value addition.
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March 28, 2018, 04:08:22 PM
 #99

I will choose the property as my investment,  because at this time in my country just aggressively build housing with cheap price. For the next years, the number of people will be more and more. So many people need housing and apartments as a place to live. In addition, many people are also searching for the land as their savings which in turn will also be built in the house. Property investment is very small risk and profit is huge, but the time period is quite long. Although the time is long, but 99% can certainly benefit.

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March 28, 2018, 04:53:06 PM
 #100

I feel unable to do daily trading in market bitcoin / cryptocurrency, I want to invest my money. please give me advise on what you think is good about:

1. bank deposits
2. Lending cryptocurrency
3. Mining
4. Gold assets
5. Property
6. other ideas ...


your response will be very useful for me, and maybe some visitors who read this thread. and thank you for your comments.


I would suggest put money on band deposit as savings for immediate cash requirement. But for business gainers, yes Mining would be a good venture as well, but go for ETH Smiley. Property is my next specially if its a rental property, that would be best. And lastly for me is invest in your local social enterprise start-up. They have usually bright idea and a heart but lack of funding. So help them. Cheers.

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