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Author Topic: The best way to manage free money  (Read 1960 times)
Paul23
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March 26, 2018, 06:59:42 AM
 #21

6, other ideas..,create your personal money management solution from your booklet planer and set a side the new ideas about saving and how to grow your money making though other investment ,,try to open emergency fund like insurance fund -to used also in case of emergency,because its important part of healthy financing plan,,however if your looking forward from your oldest time,and would you like also your money has work for you without doing you job or business,,try to open account from mutual fund at ligal agencies and other retirement saving account, as soon as possible ,,hoping would you help,,
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March 26, 2018, 07:17:30 AM
 #22

One of the best way to manage your money safely and secured is to open and deposit in a bank for saving purposes or for an emergency needs you dont need to worry in unexpected spendings because you can withdraw it anytime you want if you  want to risk your money into cryptocurrency lending coins then go for it as long as you only invest a portion of your money just for assurance.     

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March 26, 2018, 07:27:33 AM
 #23

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.


      Since you are here in bitcointalk ,i suggest to invest in cryptocurrency like bitcoin,ethereum,etc...then hold for a long period of time because you see now bitcoin and other coins dropped down in the market. Have patience with positive mind to earn profoit. You can also invest on different real estate property but avoid lending that is not good idea. Invest the amount that you can afford yo loss.

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March 26, 2018, 07:31:57 AM
 #24

I don't know you will say like this, because your rank is full member atleast you are in this forum already seven month. But that make weird is you don't know and you ask with six option. The sixth that you say is profitable but have a risk esspecially in cryptocurrency for investment place or for mining, for me between both investment is very profitable because cryptocurrency have a volatile price. But that make a risk is no one will be able to replace your money if you lose, you should know investment in cryptocurrency is many scammer. If you someone who dare take a risk, cryptocurrency is very good for you. But you no investment in land or home is very good for you.
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March 26, 2018, 07:36:49 AM
 #25

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.

If I have free money now I will buy some coins and tokens that has good technology behind it and that had been existing for about a year. Bank deposit is the worst of all because Bankers are geedy people and they only think about themselves and how to impoverished the mass. I have lost some money through banking transactions and my account was blocked in December for no reason. Mining is good just that I don't know how it works and  maybe in future I will learn that.
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March 26, 2018, 07:40:20 AM
 #26

try to move in the field of commerce because there you can transact every day, can you do it in the real world or in social media to trade...
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March 26, 2018, 07:42:52 AM
 #27

You are coming to the wrong platform to ask investment advice on anything other than Bitcoin or Crypto currencies. The majority of people on here are heavily invested into Crypto currencies and will never be 100% biased in their reply to this question.

I can tell you from personal experience that Crypto currency <lending> is extremely risky. There are a lot of risky operations out there that are unregulated and the chances are good that you might lose money in one of those.

If you want to have a foot in the door with Crypto currencies, then I would suggest that you buy a small quantity of bitcoins whilst the price is low and just wait for the price to increase to a new ATH to sell it for a profit.

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March 26, 2018, 08:00:05 AM
 #28

try to move in the field of commerce because there you can transact every day, can you do it in the real world or in social media to trade...
Investing your money will always be better than doing nothing with it. And planning for the future will always be better than blowing your paycheck as soon as you get it.For that reason, it’s important that you re-examine your investments every time you get a raise or a new job that pays you more.
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March 26, 2018, 08:08:11 AM
 #29

i prefer devide become 2 part. part 1 i will invesment at property because we knows if property businness certainly good invesment. and at second part i will invest at cryptocurrency because my capital from this business  

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March 26, 2018, 08:52:34 AM
 #30

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.



1. bank deposits - will earn you not much like 4-6% per yet that is nothing because inflation per year will eat them all.
2. Lending cryptocurrency - never invest in shit like that that is fully scams and u will loss all u money !
3. Mining - nice one but u need prepare to wait about 1-2 year to full money back - also u will get a lot of problems like cards problem pay to electro - manage all pc and etc.
4. Gold assets - gold always rising u could invest 10-20% of u money there.
5. Property - nice one too i recommend invest in land with new view it will rise in price every 2-3 year.


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Rena5
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March 26, 2018, 08:56:34 AM
Last edit: March 26, 2018, 10:05:02 AM by Rena5
 #31

Bank deposits is good but the interest returns is not big as you expected.Landing cryptocurrency is very in demand now and lots of positive feedback.Mining,haven't tried it.Gold assets and property is good options also..
Better try investing in bitcoin for it is very profitable now.Try it not all your free money just a portion.If it turns ok just continue as long you can handle it wisely and securely.

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March 26, 2018, 08:59:42 AM
 #32

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.


If you cannot actively pursue a life of a crypto trader, then you may choose to just invest in cryptos. This is much more profitable as compared to bank deposits. Needless to say, remove bank deposits from your list. Lending cryptocurrency is a new trend. This may be good but with high risks. So please be very cautious in entering the same. Mining is much better. You may start with a few rigs before jumping into a bigger mining farm. Gold assets are stable but not appreciating in value fast enough as compared to crypto. Properties, especially real estate, has always been a good investment.  
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March 26, 2018, 09:03:15 AM
 #33

Whether you can select real estate to invest on which can give you assured profits in long term and it is the most traditional way of investing our savings.Or you can go to the new technolgy and invest on it and Mining can be an option and the profits will be more in crypto investments than other kind of investments.
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March 26, 2018, 09:49:54 AM
 #34

Start with bank deposit your money will grow small amounts but steadiness, if you have more fund then invest on Altcoins and bitcoin (landing cryptocurrency), if you earn from it then start purchasing property. One step at a time.

I agree with your statement, if we get along with bank and cryptocurrency we will be able to grow the money in planting. this looks like a good suggestion to do right now. use the funds you have in the right place, so you do not eat losses.
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March 26, 2018, 10:09:10 AM
Merited by boled (1)
 #35

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.


Investing is not tricky it is very simole you just need to determine your risk appetite.

I will not recommend but i will inform you what are the risk and reward of each that you mentioned.i have all except mining and lending crypto.

Bank deposits is the safest almost no risk involve. Depending on you country you might be insured in case the bank closes. So there is a very small chance close to none that you will lose your money but what will you get i  return in my country it is 1% per annum which is if you invest 100k you will just get one hundred.

 Lending crypto as far as i k ow it is safe you are going to loan your crypto to an exchange and you will be given some percentage but there are a lot of people on this market i am not familiar what are the rates but i think it is still safe.

Mining will depend on your country some will be profitable some countries are not. Also you need to consider the maintenance of the hardware. I forgot the link prbably you may google it and search the bitcoin mining cost per country.

Gold is also safe. This investment has been around for decades and we just see the price rising each year. If you are not willing to risk your money and want to earn a decent amount this is a popular choice.

Same with gold property is usually a great investment problem is you need a huge capital for this investment.

For the other ideas buy some bitcoin and other crypto yes it is volatile and quite risky but the rewards are worth it.
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March 26, 2018, 10:17:50 AM
 #36

Bank deposits is good but the interest returns is not big as you expected.Landing cryptocurrency is very in demand now and lots of positive feedback.Mining,haven't tried it.Gold assets and property is good options also..
Better try investing in bitcoin for it is very profitable now.Try it not all your free money just a portion.If it turns ok just continue as long you can handle it wisely and securely.

For me I dont consider for bank deposits since the return of profit is low of percent. I would consider cryptocurrency investment , land property as every year price had an increment value. Yes actually it depends on us on how we manage our investment that may grow your money.
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March 26, 2018, 10:20:56 AM
 #37

You can do campaign. It is not related with trading. But you can get bitcoin as well as other coins. You have to work here at any time. But this type of work is so boring. But for free money this is best.
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March 26, 2018, 10:21:44 AM
 #38

How much is that free money. If it is a large amount then buy a property and build an apartment building. You do not need to work for your entire life.

Now if its a moderate amount buy assets like gold, blue chips stocks and stable coins like bitcoin,ethereum etc.

If it is just a small amount just buy an insurance that has an option to invest in stocks or bonds.
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March 26, 2018, 10:27:59 AM
 #39

Best way to manage free money is hands down for sure investment.Now what kind of investment one needs to chose vary from personal needs and affordability.
For someone who have a huge pile of extra money, they can certainly think of investin in some ongoing business, alongside in bitcoins or rather cryptocurrency aswell, and may be properties too.

Simply depositing extra money in bank, which is a safe place no doubt, but is not a very fruitfull way of utilising the money. Having it invested somehwere puts that money into work and helps earn more money out of it. Thats a good thing to do rather then just keeping it in bank.

Cryptocurrencies are certainly flourishing these days. One can definetely try their luck and invest here aswell. Its a good option to make profit in a quicker way than the long term investment schemes.

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March 26, 2018, 11:14:50 AM
 #40

For this moment, if we look at the situation, the best way is to buy Ethereum with cash money, because all of market is going dip. If your have Bitcoin or Ethereum, it's not time to sell it, because, i'm sure you got it from a minimum 800$. If you sell it from 500$, you lose 300-400$, however, you can get 1 Ethereum worth the money you lost. 
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