Whats your thoughts? I can guess these types of questions get asked a lot and opinions vary greatly. Is it more sensible to invest like 50% BTC, 30% LTC and 20% alt coins?
Thanks
Here's a suggestion: loan out your money on an exchange (e.g Bitfinex) to people who are trading/speculating with them through margin trading.
Your risk is much smaller than simply trading them (where you actually have to know what you're doing, and even then luck and slippage play a huge role in your success or failure), and you can make quite some money from it.
To prove that, i've made a small excel calculation for you for 1 year, adding 500 pounds to the account every month and lending out all your account balance and the interest at an average 0.5% interest per day (quite common on Bitfinex).
1st month 581
2nd month 1,255
3rd month 2,038
4th month 2,948
5th Month 4,005
6th month 5,232
7th month 6,657
8th month 8,312
9th month 10,234
10th month 12,467
11th month 15,059
12th month 18,147
In other words, you keep your money in the account for 1 year and you make 202% interest on a acummulated 6k capital (the 500 you put in the account each month).
Now, i don't know about you, but for me that sounds like a good proposition
Of course there's the usual risk of not getting your money back from the loaner (this is managed by the platform through the margin call mechanism) and also the platform itself going bankrupt; but i guess you can't expect more certainty for the benefit of tripling your money in 1 year.
