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Author Topic: Low activity long term BTC investing?  (Read 1126 times)
Severos (OP)
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April 12, 2018, 08:44:55 AM
 #1

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)?
palle11
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April 12, 2018, 01:42:54 PM
 #2

I feel your angle. Time is actually what you are struggling with and it is well understood, some of the users have same issue too. The best you can do is to still leave your bitcoin inside the wallet, you sell when it is high and buy again when it is low. With this, you won't be bordering with always checking on your investment. You can also trade forex on a long time like a month if you like.

But, if you want to give your money to loan service, be sure it is registered.
Hamphser
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April 12, 2018, 03:43:43 PM
 #3

I feel your angle. Time is actually what you are struggling with and it is well understood, some of the users have same issue too. The best you can do is to still leave your bitcoin inside the wallet, you sell when it is high and buy again when it is low. With this, you won't be bordering with always checking on your investment. You can also trade forex on a long time like a month if you like.

But, if you want to give your money to loan service, be sure it is registered.
When you don't have soo much time to engage yourself into other things then you should let your bitcoin kept for long term rather than on minding or stressing yourself out on  how to make it big or grow because if you hurry too much this will eventually result into wrong decisions which will really be the main reason or cause on losing out money.Dont risk if you aren't sure on what you are doing and also its your money where you do have the full control on which you will put those funds.

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AngelSky
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April 12, 2018, 04:21:03 PM
 #4

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)?


Loaning is one of good idea. You share some fund to all others and can able to get more interest from it. Next to that trading will works for this time. Due to tax day in US most of the people will convert the BTC for fiat.
Marketplace will boom back for few days then later we will not be sure about the later days and after it.
If you believe you can mine the cryptos with managing the difficulty you can invest on that too.
semobo
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April 12, 2018, 05:37:54 PM
 #5

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.
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April 12, 2018, 05:57:12 PM
 #6

I think this makes your thought clear.




And this is future...



Choice is yours.....
iv4n
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April 12, 2018, 05:57:46 PM
 #7

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.

I have many ideas but you need to know how much you are willing to risk ans how much profit you wish. Bitcoins on work are possible of you invest them in some casino bankroll, loan in poloniex, I wouldn't trust cloud mining services, doublers and those who promise something too good to be truth. If you are open minded then investing bitcoins in some proof of stake coin can be a good option, run a node and just chill, if you pick good one you will buy back your bitcoins soon with profit from that, and you will still run a node. I will not suggest any specific pos coin, many of them are good buy I will not advertise any of them. There are many sites with good and explanations what you need and on what profit you can count, check it out, always do a full research before you invest your money, don't trust what others say, good luck.

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Severos (OP)
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April 12, 2018, 07:06:51 PM
 #8

I feel your angle. Time is actually what you are struggling with and it is well understood, some of the users have same issue too. The best you can do is to still leave your bitcoin inside the wallet, you sell when it is high and buy again when it is low. With this, you won't be bordering with always checking on your investment. You can also trade forex on a long time like a month if you like.

But, if you want to give your money to loan service, be sure it is registered.

I've been holding them for quite some time now that I'll need to claim any other fork of BTC before actually spending anything... I just wanted to increase the amount I'm hodling for now.

And of course if I'm going with loan service it'll be a trusted one.

Loaning is one of good idea. You share some fund to all others and can able to get more interest from it. Next to that trading will works for this time. Due to tax day in US most of the people will convert the BTC for fiat.
Marketplace will boom back for few days then later we will not be sure about the later days and after it.
If you believe you can mine the cryptos with managing the difficulty you can invest on that too.

Both loaning and trading directly require lots of time investment, which I don't have right now. I wouldn't worry about the taxes for now as I'm not a US citizen and don't plan on cashing out soon.

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.

I know it's impossible to earn without doing anything at all, but what I'm looking for is a minimal effort with reasonable return.
Mining is an option, however it'll require studying the returns and possible future fluctuations, and if going to mine alt coin then more time to spend on reading the past and future of those coins :-/

I think this makes your thought clear.




And this is future...



Choice is yours.....
Now that certainly made my day Cheesy
I've been holding for a long time, and will still hold since I believe in the tech, but what I want is to increase the amount I'm holding.
The second picture is awesome <.<

I have many ideas but you need to know how much you are willing to risk ans how much profit you wish. Bitcoins on work are possible of you invest them in some casino bankroll, loan in poloniex, I wouldn't trust cloud mining services, doublers and those who promise something too good to be truth. If you are open minded then investing bitcoins in some proof of stake coin can be a good option, run a node and just chill, if you pick good one you will buy back your bitcoins soon with profit from that, and you will still run a node. I will not suggest any specific pos coin, many of them are good buy I will not advertise any of them. There are many sites with good and explanations what you need and on what profit you can count, check it out, always do a full research before you invest your money, don't trust what others say, good luck.

Casino bankrolls are pretty risky, I've tried them before and barely managed to go out with same funds. As for Poloniex, I haven't thought of that, I'll have to take a look at it, but does it accept non US citizens?
Finally, PoS coins will require staying up to date with the coin to avoid crushing market along with a large initial investment to get profit, and there are the costs of running a node, I'll probably have to squeez some free time to study this option in more details
TravelMug
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April 12, 2018, 09:16:29 PM
 #9

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)?

Bitcoin is already on the recovery phase so if you have moved them elsewhere since you open this thread then its a big mistake. I can feel you, everyone us here suffers the same faith because bitcoin has been struggling lately.

But what you are saying that is as sleeping suddenly woke up and now it seems that $8K-$9K is within our reach. I don't have any idea about lending though but if you are talking about lending here, yeah probably you can do it as well. But just be careful of scammers because there are a lot even here in our forum.

R


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ralle14
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April 12, 2018, 11:09:22 PM
 #10

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.

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blockman
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April 12, 2018, 11:19:48 PM
 #11

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 create your own loan service thread but you have to work for it and choose those borrowers that are really paying. There's no easy money in this world and even in cryptocurrencies.

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)?
HODLING will be your last choice if you don't want to spend too much time.

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BitHodler
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April 12, 2018, 11:29:14 PM
 #12

There is no such a thing as putting your coins to work. It's all pointless if you think about the risks you expose yourself to. Hodling is not boring, nor should people think they can just invest or trade to increase their holdings.

Hodlers are the real winners, which is the only valid reality, and it doesn't require you to expose yourself to unnecessary risks. I enjoy seeing the market go up throughout the years, which is enough for me.

Those who strive to earn, but have no idea about how to do it, are mostly those who end up losing. I strongly advise people to not force themselves to put their coins 'to work'. Holding Bitcoin is GOLD. Putting it 'to work' is RED.

BSV is not the real Bcash. Bcash is the real Bcash.
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April 12, 2018, 11:47:50 PM
 #13

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)?

     I think in your situation that you have much time to follow up or to monitor your bitcoin,i think there is no other way for you to earn but to hold your coins for a long period of time. Wait the time that bitcoin price increase more higher which you can earn as much as you want. In doing crypto to earn more are needs time and effort ,so hold for long term if you don't have enough time for it.

Severos (OP)
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April 13, 2018, 05:14:56 AM
 #14

Bitcoin is already on the recovery phase so if you have moved them elsewhere since you open this thread then its a big mistake. I can feel you, everyone us here suffers the same faith because bitcoin has been struggling lately.

But what you are saying that is as sleeping suddenly woke up and now it seems that $8K-$9K is within our reach. I don't have any idea about lending though but if you are talking about lending here, yeah probably you can do it as well. But just be careful of scammers because there are a lot even here in our forum.

I haven't moved them for around a year I think...

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.

Isn't that pretty risky to hold large amount in there? since I have no control over the private keys. The interest was around 4% annually.

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 create your own loan service thread but you have to work for it and choose those borrowers that are really paying. There's no easy money in this world and even in cryptocurrencies.

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)?
HODLING will be your last choice if you don't want to spend too much time.
My problem (far as I thought) with making my own lending service (other than time), is my current reputation in the forum, what would make someone trusted take a loan from me instead of taking it from a more trusted existing loaning service?? the start will be pretty hard to get reputable members, and my service thread (just as with other threads) will probably be filled with users trying to scam.

There is no such a thing as putting your coins to work. It's all pointless if you think about the risks you expose yourself to. Hodling is not boring, nor should people think they can just invest or trade to increase their holdings.

Hodlers are the real winners, which is the only valid reality, and it doesn't require you to expose yourself to unnecessary risks. I enjoy seeing the market go up throughout the years, which is enough for me.

Those who strive to earn, but have no idea about how to do it, are mostly those who end up losing. I strongly advise people to not force themselves to put their coins 'to work'. Holding Bitcoin is GOLD. Putting it 'to work' is RED.
Hodling is a valid strategy, but greed makes you want to hodle double what you're hodling now. Since it's not possible for me to buy BTC with fiat due to many factors, I want to find other ways to increase the amount in another way.

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April 13, 2018, 09:14:05 AM
 #15

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.

I have many ideas but you need to know how much you are willing to risk ans how much profit you wish. Bitcoins on work are possible of you invest them in some casino bankroll, loan in poloniex, I wouldn't trust cloud mining services, doublers and those who promise something too good to be truth. If you are open minded then investing bitcoins in some proof of stake coin can be a good option, run a node and just chill, if you pick good one you will buy back your bitcoins soon with profit from that, and you will still run a node. I will not suggest any specific pos coin, many of them are good buy I will not advertise any of them. There are many sites with good and explanations what you need and on what profit you can count, check it out, always do a full research before you invest your money, don't trust what others say, good luck.
Investing on casino bankroll is an option if someone don't want to do any work for their returns but it is more riskier and I think OP don't want to take any kind of these risks,sk it will be better to hold as it is for few more years and let the value of that coin to grow.
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April 13, 2018, 09:20:50 AM
 #16

If you are not using your bitcoins and looking for a passive income, I would go with loaning by BTC on exchanges.
The only risk you are involving during such an activity is that the exchange may get hacked or steal your funds, that's why I would recommend you to spread your bitcoins over few exchanges who support loaning bitcoins.
Any exchange who has margin trading allows loaning, Bitfinex, BitMex, Poloniex for an example.
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April 13, 2018, 10:05:17 AM
 #17

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 create your own loan service thread but you have to work for it and choose those borrowers that are really paying. There's no easy money in this world and even in cryptocurrencies.

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)?
HODLING will be your last choice if you don't want to spend too much time.
My problem (far as I thought) with making my own lending service (other than time), is my current reputation in the forum, what would make someone trusted take a loan from me instead of taking it from a more trusted existing loaning service?? the start will be pretty hard to get reputable members, and my service thread (just as with other threads) will probably be filled with users trying to scam.
If you don't have any reputation as of now and you are trying to start your own lending service, try to look for people who are trusted and wants to take loan from you. And of course you need to ask a valid collateral so that you will be secured too depending on the amount you'll lend so that scammers can't take your money and just go away. But if you are too worried of lending then just hold your bitcoins so that you will be safe.

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hugeblack
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April 13, 2018, 12:32:12 PM
 #18

It depends on how much you have, time you plan to invest and willing to risk.

  • Generally loan service is bad, you need to have great trust and willing to risk.
  • ICOs and tokens project: need a great experience as it is high risk
  • Trading: This is the best option for you can start here or on online selling sites like localbitcoin & paxful.

The price of Bitcoin increases rapidly so maintaining it without doing anything is not a bad plan.
TTITA
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April 13, 2018, 01:55:27 PM
 #19

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.
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April 13, 2018, 02:50:20 PM
 #20

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)?
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