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Author Topic: Crypto reinvestment without withdrawing fiat currency  (Read 417 times)
Shenzou
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February 02, 2019, 07:47:53 PM
 #61

There are several ways to reinvest crypto to earn more crypto. Here are some examples:
Breeding: cryptokitties, fishbank, etc.
Resale: openbazaar, landhodler, etc.
Gambling: bitstars, mbit, betcoin and others.

Has anyone had experience with these sites? Are there other examples of reinvestment?
Well i wouldn't consider gambling a type of investment because it is not a sure way of making a profit, but as far as reinvesting crypto to earn more the sky is the limit the crypto market has become more or less the same as the fiat one, you can buy and sell anything using crypto these days, for example you can buy a product using bitcoin and later resell it for a higher price, or you can use some of your crypto earning to buy tokens through ICO projects that might be quite successful in the future, and as i said any thing that you can think of doing using fiat can be done with crypto these days, you just have to bring a need or a innovative thing to the market to be able to make profit from.

 
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February 02, 2019, 08:12:30 PM
 #62

There are several ways to reinvest crypto to earn more crypto. Here are some examples:
Breeding: cryptokitties, fishbank, etc.
Resale: openbazaar, landhodler, etc.
Gambling: bitstars, mbit, betcoin and others.

Has anyone had experience with these sites? Are there other examples of reinvestment?
~snip~
I think he meant investment in bankroll and not in actually gambling which includes playing casino games.
OP and others too. Now possibilities are even wider. I want to remind you one information which possibly 90% of you don't know: Ohio accepts tax in bitcoin. So now this possibly means you can fully run your business without touching fiat because as it was mentioned you can buy almost everything online with crypto, pay bills with crypto and some employees are happy to receive crypto too.

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February 04, 2019, 04:42:54 AM
 #63

The fact that staking and masternodes are not the main discussion is a wonder. The most common and easy way of making money with money is interest and the interest we have in crypto is the masternodes and stakes. For example, ethereum is said to be turning into PoS from the current PoW which actually increased the price a lot for a while but the hard fork got cancelled but hopefully it will return soon. That type of making money with money exists in crypto as well and I actually really love it and prefer it over the miners.

Miners need to get equipment which costs a lot of money and then when something happens they are left with those products however when staking you have a lot of a coin but you can stake it as much as you want and then sell it whenever you want without any problem.


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February 04, 2019, 06:54:36 AM
 #64

There are several ways to reinvest crypto to earn more crypto. Here are some examples:
Breeding: cryptokitties, fishbank, etc.
Resale: openbazaar, landhodler, etc.
Gambling: bitstars, mbit, betcoin and others.

Has anyone had experience with these sites? Are there other examples of reinvestment?
I think you can do this in every exchange, especially if you just received it from the campaign or bounty you can reinvest it on your own without needing any third party to do that to you. Its good to revinvest the profit you get here so you can have more profit in the future, don’t get tired of investing keep on doing that and be patient.

I agree. Also, I think that's what most people do who's in the market right now. I think there's a high percentage of cryptocurrency users that have started through ICOs and other investments that don't need too much capital to shed off. Instead, there present investments are from the older ones where they gained from value coins, and now, they are basically harvesting the seeds that they have planted. I think that's the difference with this market with other similar ones; the fact that you can start investing without really having to shed out money is something different.
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February 04, 2019, 08:14:19 AM
 #65

There are several ways to reinvest crypto to earn more crypto. Here are some examples:
Breeding: cryptokitties, fishbank, etc.
Resale: openbazaar, landhodler, etc.
Gambling: bitstars, mbit, betcoin and others.

Has anyone had experience with these sites? Are there other examples of reinvestment?

How can you define gambling as a way of investment? I think it is just a way of entertaining yourself and you will eventually lose your money because the house always wins. Maybe this will push you to lose more funds if you try to recover your initial "Investment".
Investing on the gambling site is also possible,investing in gambling means people can invest on the gambling site's bankroll and they will get their returns when the house made profits overall.This may not give huge returns but definitely will be profitable for the people who are looking for practical returns from investment.
Not every game of gambling can bring you a good profit since gambling is not a way of making a profit, especially long-term investment. You can't invest in any gambling since the number one main goal of gambling is to drain the bankroll of every gambler and still having fun at the same time. A real investment is that you see a potential in it in the future that will help you to succeed.

Never interesting on gambling. Gambling is not an investment because its just speculation based on luck. Investment based on our analysis and its for long term gain. I am agree, real investment is potential we can see in the future

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February 04, 2019, 08:33:56 AM
 #66

Never interesting on gambling. Gambling is not an investment because its just speculation based on luck. Investment based on our analysis and its for long term gain. I am agree, real investment is potential we can see in the future
Never put that in your mind gambling is a kind of investment if all you want is to gamble. But investing in bankroll in a gambling site is good but as what you have said based on analysis and digging research is a must, the risk was always there. Crypto reinvestment without withdrawing to fiat is very easy but sometime you can't hold your temper especially if you badly need money.

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February 04, 2019, 10:14:25 AM
 #67

The fact that staking and masternodes are not the main discussion is a wonder. The most common and easy way of making money with money is interest and the interest we have in crypto is the masternodes and stakes. For example, ethereum is said to be turning into PoS from the current PoW which actually increased the price a lot for a while but the hard fork got cancelled but hopefully it will return soon. That type of making money with money exists in crypto as well and I actually really love it and prefer it over the miners

Personally, I don't see much sense in earning a few %% yearly in this way

Especially when you can easily lose over 90% of your capital with prices crashing within the same year. If anything, it is a poor man's income, i.e. when you can't earn income in any other way. Really, if you made an effort to learn about crypto, understand how it works, install a personal wallet after all, why not go further and try to earn more in an active way? Really, if the cryptocurrency of your choice rises a few times, these percentages will be dust anyway while you might lose and might have already lost a lot more due to an overall downtrend market

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February 05, 2019, 08:30:43 AM
 #68

Never interesting on gambling. Gambling is not an investment because its just speculation based on luck. Investment based on our analysis and its for long term gain. I am agree, real investment is potential we can see in the future

I don't think so. There is a good gambling site which we can use for investment with them. We can make a profit by investing some amount, and in some period, we can take that profit. But when you decide to play gambling, then it's not an investment because you want to earn money from the games. I think you should try to invest in the gambling websites so you know that you could still take a profit with them because they are making huge money from the gamblers.
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February 06, 2019, 10:29:40 PM
 #69

Never interesting on gambling. Gambling is not an investment because its just speculation based on luck. Investment based on our analysis and its for long term gain. I am agree, real investment is potential we can see in the future
Yes gambling isn't an investment but some casino's do offer an investment option and you're going to be part of their bankroll. The profit depends on how much the casino will earn and this is applicable for long term commitment, if you wish to invest to them through that for a very short time you will be disappointed with the result. But if you're going to choose the long term option, you'll see the result effectively because that's really the best option as an investor.

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February 07, 2019, 05:18:14 AM
 #70

Never interesting on gambling. Gambling is not an investment because its just speculation based on luck. Investment based on our analysis and its for long term gain. I am agree, real investment is potential we can see in the future
Yes gambling isn't an investment but some casino's do offer an investment option and you're going to be part of their bankroll. The profit depends on how much the casino will earn and this is applicable for long term commitment, if you wish to invest to them through that for a very short time you will be disappointed with the result. But if you're going to choose the long term option, you'll see the result effectively because that's really the best option as an investor.
several online casinos offer their projects to investors in the crypto market. they make tokens based on gambling. they offer various benefits by holding these tokens, such as dividends that will be given every certain period.and some these projects could give their investors profits.

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February 07, 2019, 10:54:32 AM
 #71

Never interesting on gambling. Gambling is not an investment because its just speculation based on luck. Investment based on our analysis and its for long term gain. I am agree, real investment is potential we can see in the future
Yes gambling isn't an investment but some casino's do offer an investment option and you're going to be part of their bankroll. The profit depends on how much the casino will earn and this is applicable for long term commitment, if you wish to invest to them through that for a very short time you will be disappointed with the result. But if you're going to choose the long term option, you'll see the result effectively because that's really the best option as an investor.
several online casinos offer their projects to investors in the crypto market. they make tokens based on gambling. they offer various benefits by holding these tokens, such as dividends that will be given every certain period.and some these projects could give their investors profits.
I'm aware of those type of casino's but I'm talking about the other casino's that doesn't have anything to offer but investing on their bankroll alone. They don't promise any token to give or any exact percentage on how much return you'll get after investing to them. I also know some of those casino's new and not that offered their dividends share through token sale. Few of them became successful with it but I also saw the new ones that lost the attention from the market.

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February 07, 2019, 11:39:35 AM
 #72

if there is a product that can be purchased with crypto, it doesn't matter to have crypto investment without having to withdraw to fiat. because the purpose of our investment is to get profit and be used to buy a need.
it might be possible and your goal will happen if your government and country legalize crypto currency as the prevailing currency and in my opinion the development of crypto currencies no one can know will become more developed or experience a decrease in confidence remains its capital
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