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Author Topic: Low activity long term BTC investing?  (Read 1113 times)
Dreamchaser21
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April 13, 2018, 03:15:17 PM
 #21

Your time is important here in so many ways so if you don’t have much time in cryptoworld better to just hold on your bitcoin and be back before the end of 2018 for sure the value of your coin will be much highe compare last year.
"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
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April 13, 2018, 03:35:50 PM
 #22

Trading is more like buying and selling using the fluctuation of the price and I think it does not take that much time to get involved and there are also trading bots available. What is time consuming is to find good and promising investment projects. If you found a good one, you should not sell too early and wait until the price reached a nice level. However, if you are not willing to spend sufficient time to figure out something very rentable, I can not suggest you any, because if you did not do your due dilligence, then you mostly rely on luck.
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April 13, 2018, 04:51:45 PM
 #23

I think invest on BTC are more better that put invest on other cryto. But as i seen that you want to multiply your money, for do that you have to need a good investment plan, but investment is a form of business speculation, you can enter into business lend, of course have risk also despite big profit. My suggestion should you keep trading Bitcoin, sell high-buy low.


Now you do not bother at all mate, you may invest on any cryptocurrencies by looking the present condition. All you need to worry is whether it is potential coin or a cheap one. There are people invested on mining field able to get the decent income I guess.
Since I am GPU miner I am really happy that ethereum increasing faster than bitcoin this time.
Hope all the coins I have will rock the floor and I may make the make money by exchanging it.
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April 13, 2018, 06:53:35 PM
 #24

Hold your bitcoins on freebitco.in they have a feature where if you let them hold your bitcoins in exchange they'll give you a daily interest. This is different from investing in a casino bankroll because the interest comes from two different sources which are mining and dice. I forgot how much was the interest but what they offer is close to a risk free investment. You can also withdraw your bitcoins right away from the site since you're only holding them.

Good option yet you can able to utilize your bitcoin into some other way and weve known about freebitco site which is legitimate and long running site but you should embrace the risk. I dont believe on to a close risk free investment yet you do still have the chance on losing out those bitcoins once the site would go down.You dont posses the keys of such storage therefore you do know the possible thing might happen ahead but well if you can handle the risk then i will go with this option,

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April 13, 2018, 07:06:46 PM
 #25

Maybe you can find a group that discusses investing in an ICO, maybe there you will get updates from other members who can be your reverence to invest in an right ICO. I personally know about it, but I'm still not interested in joining.

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April 13, 2018, 07:51:59 PM
 #26

I have some BTC asleep in my wallet doing nothing, therefore I want to put them in work to increase their value.
I've already looked into crypto trading but that requires spending much time reading about the projects to find good ones with potential and staying up to date with it, however my main concern is that I don't have much time to follow up on them :-/
Also thought about running a Loan service, however it takes as much time in validating the loans and keeping up with them, not to mention with my current trust it's highly unlikely to find a valid loan since they'd go for more trusted users.
My final thought was lending my funds to an existing loan service for a small return, which sounded good idea first... but I couldn't find a loan service that seems to be short on funds  Undecided

Anyone got other ideas that will  get me some revenue without having to spend much time following up with it? something set & forget for couple months (maybe check once every month or two)?

"However" "But" etc etc etc.

You all have a problem dealing with your concern and to your proposed plans so how come it will be possible for you to step up on another level?

My suggestion? Then just hold your BTC since you are running out of options how to deal with your ideas. There is no way you can get a fixed revenue that don't requires time of work*. Think outside the box for you to deal on it or much better if you will totally removed the box if you understand what I mean here.

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Best Dreams
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April 13, 2018, 11:51:24 PM
 #27

I have some BTC asleep in my wallet doing nothing, therefore I want to put them in work to increase their value.
I've already looked into crypto trading but that requires spending much time reading about the projects to find good ones with potential and staying up to date with it, however my main concern is that I don't have much time to follow up on them :-/
Also thought about running a Loan service, however it takes as much time in validating the loans and keeping up with them, not to mention with my current trust it's highly unlikely to find a valid loan since they'd go for more trusted users.
My final thought was lending my funds to an existing loan service for a small return, which sounded good idea first... but I couldn't find a loan service that seems to be short on funds  Undecided

Anyone got other ideas that will  get me some revenue without having to spend much time following up with it? something set & forget for couple months (maybe check once every month or two)?
If you don't want any work to do then holding is the best option then other type of investment because everything involves risk and time.If you want you can loan it or else the mining can be an option but the best option is just jold it.
For me as well I have no work right now so I am working with bitcoin, my income with bitcoin is enough to support my family and to give them everything they want in life. We can save bitcoin for long time if we have capital but for this we will have to hold with patience so in future we will start our business with bitcoin, before investing in bitcoin try to keep only one thing in mind that never sell at panic try to hold as much as you can hold it will never go wasted but the reward of your patience will be very high .
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April 13, 2018, 11:59:34 PM
 #28


Also thought about running a Loan service, however it takes as much time in validating the loans and keeping up with them, not to mention with my current trust it's highly unlikely to find a valid loan since they'd go for more trusted users.
My final thought was lending my funds to an existing loan service for a small return, which sounded good idea first... but I couldn't find a loan service that seems to be short on funds  Undecided

You can actually run a loan service even if you are trust raring is neutral since you can hire a trusted escrow service for your deal. The key feature in a loan service is the percentage of interest, The lower interest is the better even though your competitors are trusted.

Anyone got other ideas that will  get me some revenue without having to spend much time following up with it? something set & forget for couple months (maybe check once every month or two)?

Just a suggestion. I heard to my friend that you can invest on a certain coin that you can have a passive income. Try to visit minexbank. Just a warning that this is very risky.

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April 14, 2018, 06:59:38 AM
 #29

Don't trust your funds with other services (loan). You don't have choice if you don't have enough time, you have to hold. That's the answer to your questions if you can check it once every month or two. You can lose your money if you will entrust it with a loaning service and you just want to make money out of your money but others are working for it.
Maybe you can find a group that discusses investing in an ICO, maybe there you will get updates from other members who can be your reverence to invest in an right ICO. I personally know about it, but I'm still not interested in joining.
Why he has to invest in ICO if he will just also going to hold? The risk in investing ICOs is much higher than by just holding his bitcoins.



 

 

 

 

 

 


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April 14, 2018, 07:58:45 AM
 #30

Your time is important here in so many ways so if you don’t have much time in cryptoworld better to just hold on your bitcoin and be back before the end of 2018 for sure the value of your coin will be much highe compare last year.
Basically in long term holding really gives a position that will indeed bring a profit even though if we do not have much time in the crypto, because however investing is a more passive activity than trading. Investing in bitcoin can be a sideline from our job in the real world or do another job related to bitcoin.
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April 14, 2018, 08:30:51 AM
 #31

Thanks all for the replies, it seems that hodling is the most valid investment for me given my limited time. Do you think I should hodle the other BTC fork coins as well? or redeem them soon as possible???
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April 14, 2018, 09:23:12 AM
 #32

Thanks all for the replies, it seems that hodling is the most valid investment for me given my limited time.
Good that you have decided to hold and that's your only choice.
Do you think I should hodle the other BTC fork coins as well? or redeem them soon as possible???
They are free coins and its a sure profit for you. The decision goes to you, if you want to hold them also, you can hold but if I were you, I'll sell them and add the profit to my btc holdings.



 

 

 

 

 

 


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yndye
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April 14, 2018, 12:22:00 PM
 #33

You have the option to lend it in the exchanges like bitfinex or poloniex. Through this way, your bitcoin amount would grow because there would be interest. It would still have the same idea as your loan service but you would be checking it from time to time. It doesn't take much work and analysis anyway like what trading does. If you still don't want to do it then just put your bitcoin in your wallet and wait for its value to grow. It would be better if you don't check it from time to time if you are in it for the long term because you would just be worried of the price volatility.

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BillCoin
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April 14, 2018, 12:28:41 PM
 #34

Hallo Severos,

Take a look to my services (follow my signature), i think we could start a good cooperation Smiley

I have some BTC asleep in my wallet doing nothing, therefore I want to put them in work to increase their value.
I've already looked into crypto trading but that requires spending much time reading about the projects to find good ones with potential and staying up to date with it, however my main concern is that I don't have much time to follow up on them :-/
Also thought about running a Loan service, however it takes as much time in validating the loans and keeping up with them, not to mention with my current trust it's highly unlikely to find a valid loan since they'd go for more trusted users.
My final thought was lending my funds to an existing loan service for a small return, which sounded good idea first... but I couldn't find a loan service that seems to be short on funds  Undecided

Anyone got other ideas that will  get me some revenue without having to spend much time following up with it? something set & forget for couple months (maybe check once every month or two)?

Your service is a pretty much risky investment, you can't do any low risk investments in the cryptocurrency market.
Also pretty misleading, the big red flag here is that you promise people % of interest, and this % is really high, really  hard to follow it in the long term.
I would suggest staying away from such services unless they are able to provide a proof that they can really get to such interest levels in trading for the long term.
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April 14, 2018, 12:50:33 PM
 #35

Like you sir, i have also some bitcoin sleeping now in my wallet and right i dont have any plan to use it.
Rightnow my plan is to wait untill bitcoin price goes up again and then i will going to convert it to our currency. And i will also continue to earn more bitcoin and will also continue to support it 'till the end.

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April 14, 2018, 01:30:44 PM
 #36

Like you sir, i have also some bitcoin sleeping now in my wallet and right i dont have any plan to use it.
Rightnow my plan is to wait untill bitcoin price goes up again and then i will going to convert it to our currency. And i will also continue to earn more bitcoin and will also continue to support it 'till the end.
Doing a hold in a long time can be an option, because the Bitcoin price has a very good growth rate so it could be in the future that Bitcoin price will experience a much higher increase. I believe that Bitcoin has a very good prospect when it becomes an investment, in fact I think that Bitcoin has the prospect of being a short-term investment and long-term investment.

We can take advantage of short-term investments by taking a few advantages in a short time and we also get the option to earn a profit in a long time by training the patience to save Bitcoin in our own wallet. The right momentum will be the determinant whether we will benefit or not.
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April 14, 2018, 03:39:06 PM
 #37

I think the best way to do is if you have the exact Bitcoin amount then you can buy mining rigs, mine Bitcoin or other crypto currency then you can relax for a month then by the end of month then that's the time to calculate some fees to be paid off, I really don't like to do some loaning service because it also needs time. But then OP decision is hour's if you can't do nothing about it to make it roll then HODLING is he best option.
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April 14, 2018, 06:59:56 PM
 #38

I have some BTC asleep in my wallet doing nothing, therefore I want to put them in work to increase their value.
I've already looked into crypto trading but that requires spending much time reading about the projects to find good ones with potential and staying up to date with it, however my main concern is that I don't have much time to follow up on them :-/
Also thought about running a Loan service, however it takes as much time in validating the loans and keeping up with them, not to mention with my current trust it's highly unlikely to find a valid loan since they'd go for more trusted users.
My final thought was lending my funds to an existing loan service for a small return, which sounded good idea first... but I couldn't find a loan service that seems to be short on funds  Undecided

Anyone got other ideas that will  get me some revenue without having to spend much time following up with it? something set & forget for couple months (maybe check once every month or two)?

Time is very essential here. It really needs enough time for you to be able to actively engage your investment to several services or activity to garner more profit. If youre busy with your business or your job out side the crypto world, then it would be better if you just stick to holding. Although loan service is a good option, but you really need to have a high trust rating to compete with the others who offers the same service.

R


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April 15, 2018, 05:32:17 AM
 #39

I have some BTC asleep in my wallet doing nothing, therefore I want to put them in work to increase their value.
I've already looked into crypto trading but that requires spending much time reading about the projects to find good ones with potential and staying up to date with it, however my main concern is that I don't have much time to follow up on them :-/
Also thought about running a Loan service, however it takes as much time in validating the loans and keeping up with them, not to mention with my current trust it's highly unlikely to find a valid loan since they'd go for more trusted users.
My final thought was lending my funds to an existing loan service for a small return, which sounded good idea first... but I couldn't find a loan service that seems to be short on funds  Undecided

Anyone got other ideas that will  get me some revenue without having to spend much time following up with it? something set & forget for couple months (maybe check once every month or two)?
yes, you are right in the activity done on bitcoin of course we must have enough time to do the activity on bitcoin. such as short-term trading activities but with the situation that you have to face now with less time you have for an activity in bitcoin I think the right thing in my opinion is you should keep your bitcoin assets as a form of long-term investment or you can look for coins that have good potential. and of course one thing you have to have is a strong belief that you will get a profitable result because an investor for a long period of time must have a strong enough instinct in the selection of crypto for a form of investment.

 
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April 15, 2018, 10:08:31 AM
 #40

Trading is more like buying and selling using the fluctuation of the price and I think it does not take that much time to get involved and there are also trading bots available. What is time consuming is to find good and promising investment projects. If you found a good one, you should not sell too early and wait until the price reached a nice level. However, if you are not willing to spend sufficient time to figure out something very rentable, I can not suggest you any, because if you did not do your due dilligence, then you mostly rely on luck.
Trading needs experience and knowledge and if someone has no experience in trading he will lose his time and money. Better way to buy bitcoin and hold them for some time and when the price grow up he can sell them out to earn money without any struggle. It is the easiest way to make money from bitcoin.
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