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Author Topic: Crypto reinvestment without withdrawing fiat currency  (Read 632 times)
Vitus_Nansen (OP)
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January 17, 2019, 09:50:37 AM
Last edit: January 22, 2019, 04:06:44 PM by Vitus_Nansen
 #1

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?
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January 17, 2019, 12:11:20 PM
 #2

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".

Breeding is a game that I can think what is going to happen if everyone will stop playing and "investing" in it. Resale could be the only legit way. If I were to choose between these 3 I would go for the Resale option.
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January 17, 2019, 12:24:28 PM
 #3

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.
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January 17, 2019, 12:37:00 PM
 #4

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.
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January 17, 2019, 12:51:57 PM
 #5

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?

It's not just that way to promulgate your cryptocurrency. Even without withdrawal to Fiat you can trade your coins to other coin to make it grow and gain profit. There are many trading sites to consider and gambling sites but I have never been into trading in that exchange sites you mentioned.

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January 17, 2019, 02:04:37 PM
 #6

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.

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January 17, 2019, 02:51:12 PM
 #7

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".

Breeding is a game that I can think what is going to happen if everyone will stop playing and "investing" in it. Resale could be the only legit way. If I were to choose between these 3 I would go for the Resale option.

You could invest through Gambling - giving your coins to the 'bank' in sites like Yolodice and it's quite lucrative.
About the OP - everything written there is far away from any investment and usually the result is losing your coins.

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January 17, 2019, 03:54:51 PM
 #8

No, I won't suggest anyone getting into these sites as these are gambling sites that has the potential of draining your pocket rather than help you in earning more. If one wants their investment to grow, they'd reinvest it in reasonable and safer ways e.g. trade or take your money on the pot for gambling sites, but not gambling directly on the said sites. One can also consider lending their crypto to other people, and of course a collateral is very much needed in case of a default.

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January 17, 2019, 04:14:26 PM
 #9

I am not with a gambling site because it is not a good investment place, gambling is more risky and can lose everything.

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January 17, 2019, 04:35:28 PM
 #10

For gambling you should add WAGERR which offers decentralised anonymous betting for top sporting events. Trading on crex24 with bets placed directly from the wagerr wallet
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January 17, 2019, 05:25:06 PM
 #11

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 should better understand the true meaning of investment and choose a place that is good or not for investment, and after I see you only promote a website that only makes people tempted to multiply money in a fast time. of course this is different from the meaning of the actual investment

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January 17, 2019, 05:39:00 PM
 #12

With the volatility in cryptocurrency the only way to pull out profit is converting it to fiat currency which offers stability.
While every investment poses its own risks, gambling is not technically an investment venture, it's similar to throwing a dice and hoping on luck.
With investments there are tools which to make analysis.

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January 17, 2019, 07:04:23 PM
 #13

I think that cryptokitties will soon become irrelevant. Such applications burn very brightly, but quickly burn out. Moreover, in the current situation in the crypto market, it is generally difficult to say that it can bring at least some income. Projects stop. Work on them just stops and they freeze. Of course, cryptokitties is a large project, but it seems to me that it has already lost its relevance and will not to earn on it. It is better then to consider the possibility of investing in masternodes. About gambling - no comments at all. This is generally not an investment.

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January 17, 2019, 11:58:10 PM
 #14

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.

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January 18, 2019, 12:47:29 AM
 #15

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".

Breeding is a game that I can think what is going to happen if everyone will stop playing and "investing" in it. Resale could be the only legit way. If I were to choose between these 3 I would go for the Resale option.

it is possible to invest to gambling, it is not literally investing that you need to gamble your money its means that you will put your money as investor to a gambling site, if you want to invest money then put it on gambling because it is also a good way to invest.
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January 18, 2019, 01:23:40 AM
 #16

Gambling: bitstars, mbit, betcoin and others.
Gambling is never an option its just for entertainment and I don't know why there are really people who do think on this way. Gambling is on where you do
spend your leisure times and its completely different if you do aim for investment. Like trading or gambling bankroll investment which is less riskier but do give small amount of
profits overtime.

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January 18, 2019, 02:09:54 AM
 #17

There are several ways to reinvest crypto to earn more crypto. Here are some examples:
Breeding: cryptokitties, fishbank, etc.
I already heard about cryptokitties before. For me it was like crypto games in telegram such as CarEth, Cash Zoobot, Dino Park game and others where you need to grow animals and their corresponding hashrate also increases as they grow bigger. You can also invest btc to get higher hashrate which means earning profits is faster. I played this before but until now I'm not sure whether these games are paying or not.
it is possible to invest to gambling, it is not literally investing that you need to gamble your money its means that you will put your money as investor to a gambling site, if you want to invest money then put it on gambling because it is also a good way to invest.
I'm a little bit confused. So are you saying that there are other ways of investing money to gambling sites except from the usual set up of bringing some money and try to push your luck in their games? How?
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January 18, 2019, 02:48:49 AM
 #18

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.
Exactly, like what bustadice's offers and other legit casino's for those who want to be part of their bankroll. It's for a long term investor who sees it positively but this type of investment doesn't suite those who lack of patience and is short term with investments.

I'm a little bit confused. So are you saying that there are other ways of investing money to gambling sites except from the usual set up of bringing some money and try to push your luck in their games? How?
Yes, what he said is correct. You can look for casino's who offers bankroll investment like bitvest since you are part of their campaign. They offer investment, you just need to understand the rules that they implement when it regards to the return/profit.

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January 18, 2019, 04:38:07 AM
 #19

I just heard that, because all I have known to get more crypto currencies is to trade in a market, where we benefit from the difference in purchase prices and selling prices, but many people also call this investment, many people do this to get a profit in a short time and in large quantities, but not a few people who intend to take advantage instead suffer losses because they choose the wrong coin, the wrong time to enter and wrong market predictions
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January 18, 2019, 12:49:07 PM
 #20

I'm a little bit confused. So are you saying that there are other ways of investing money to gambling sites except from the usual set up of bringing some money and try to push your luck in their games? How?
Yes, what he said is correct. You can look for casino's who offers bankroll investment like bitvest since you are part of their campaign. They offer investment, you just need to understand the rules that they implement when it regards to the return/profit.

Ah I see. Thanks for the info, probably I will be interested on that if I found out that they accept even small amounts only because that's what I can afford only.
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