Invest bitcoins or not

[alex21btc]

Hi!
I collect some bitcoins, and I want invest.
I saw few investing websites and I don't sure are this sites safe?
Can you recommend me some verified sites?
And what you think about this earning method?

[lynn_402]

Some sites are proving themselves to be quite reliable; Coinbase, Prelude.io, Bitstamp, Cryptsy. I'd suggest any of them, and mostly Cryptsy if you want to try investing in alternatives to Bitcoin.

What we think about this earning method? Well, if we thought it was a bad idea, we wouldn't be here
It's risky, but the reward is bigger than the risk, in my opinion.

[agoraadnim]

Depends on what the sites were? If they say stuff like "get 3 percent back daily!" or something like that its either a scam or a HYIP which is a type of ponzi scheme that will eventually run out of money. Now you can make a lot of money of these but you can also lose all your money easily.
There's investments like coin gambling sites were you invest to become part of the overall bank and receive part of all the profits from the site. These are nice and probably safer but you won't get rich from it unless you have alot to throw in.
There's also investments such as Bitcoin lending which seems pretty ok but I haven't tried much of it.
And finally there's the stock market as there are a lot of stocks you can get with btc these days.

Just be smart when it comes to investment and know what you are sending you money to.
You can check my blog in my sig to see what I've been using with success if you want.

[ncsupanda]

Just be smart when it comes to investment and know what you are sending you money to.

This! Purely this.

Don't just blindly invest your Bitcoin, regardless of how much you have. Give us some examples of what you're considering, and we can give you opinions to help you make a SMART decision.

[nickenburg]

Just be smart when it comes to investment and know what you are sending you money to.

This! Purely this.

Don't just blindly invest your Bitcoin, regardless of how much you have. Give us some examples of what you're considering, and we can give you opinions to help you make a SMART decision.

Yes there are definitely some good investments on this forum.
Just look for a few you would invest in and post them here.
So we could also take a look at them and tell you if it's a smart idea or not.
Maybe invest in a gambling website, I see alot of people like to gamble with there Bitcoins.

[lynn_402]

Imho, these Bitcoin related investments are worth considering: DigitalCoinfarm, Cannabit, and CoinReturn.
All three can be judged as trustworthy since they did not run with the money after their IPO, and they post updates often.
You can find them on Cryptostocks. However, Cryptostocks itself is quite shady, so staying away completely might be wiser (btw, deposits are not working atm).
And always do your own research; trust nobody on this forum, especially not me

[alex21btc]

I think to invest on sites like qoingrow or sites like get daily 4% of your investing.
But maybe I changed a mind. I think is trading is better solution.

[lynn_402]

I think to invest on sites like qoingrow or sites like get daily 4% of your investing.
But maybe I changed a mind. I think is trading is better solution.

Be very careful about trading; don't do it with more than 10% of your BTC at first, because before you gain enough experience, it's very easy to lose money.

And sites like qoingrow are pyramid scheme. To get profits there, you have to trust that other users will sign up under you. Someone always get burnt, and it can very well be you; these kinds of things are the cancers of the economy, and I'd highly suggest not risking what you have in that. And also, you'd have to trust the owner of the website not to simply run with the money - things like that have happened before.

[CoinDiver]

Justdice has been reliable, and I've had a 40% roi in a year. Doog seems to know what he's doing, but 40k btc is a lot to trust him with. We can only hope 40k is enough to inspire someone to hunt him down if he runs, and that is enough to keep him from running. He says he has a deadman switch implemented. And there is a place to enter an emergency withdrawal address... but that could always be a front. I've only been brave enough to trust him with about 5% of my holdings.

[DeboraMeeks]

Some sites are proving themselves to be quite reliable; Coinbase, Prelude.io, Bitstamp, Cryptsy. I'd suggest any of them, and mostly Cryptsy if you want to try investing in alternatives to Bitcoin.

What we think about this earning method? Well, if we thought it was a bad idea, we wouldn't be here
It's risky, but the reward is bigger than the risk, in my opinion.

Be VERY careful with cryptsy, they dont seem to be acting very ethically and may be operating on a fractional reserve :/

[lynn_402]

Some sites are proving themselves to be quite reliable; Coinbase, Prelude.io, Bitstamp, Cryptsy. I'd suggest any of them, and mostly Cryptsy if you want to try investing in alternatives to Bitcoin.

What we think about this earning method? Well, if we thought it was a bad idea, we wouldn't be here
It's risky, but the reward is bigger than the risk, in my opinion.

Be VERY careful with cryptsy, they dont seem to be acting very ethically and may be operating on a fractional reserve :/

Really? On what grounds can you affirm that?

[DolanDuck]

Just hold the btc you have, and maybe buy some others now.
Apple will accept bitcoins in their apps, this is a huge news, no need to invest them now and risk to lose all the coins because of a scam.

[lynn_402]

Just hold the btc you have, and maybe buy some others now.
Apple will accept bitcoins in their apps, this is a huge news, no need to invest them now and risk to lose all the coins because of a scam.

Very good advice. It's fine to use a small percentage of your Bitcoins to play with high-risk/high-rewards opportunities, but the majority of one's Bitcoins should be left alone in cold storage. Bitcoin and altcoins are already in themselves potentially very lucrative investments, and they are less risky than all the bitcoin-related investment you may find on the internet and on this forum.

[odolvlobo]

I collect some bitcoins, and I want invest.
I saw few investing websites and I don't sure are this sites safe?
Can you recommend me some verified sites?
And what you think about this earning method?

Investing BTC (i.e. buying shares, or lending BTC, or doing cloud mining) is extremely risky. I've lost a lot of money investing BTC because companies fail, exchanges fail, and there are plenty of scams out there.

[lynn_402]

I collect some bitcoins, and I want invest.
I saw few investing websites and I don't sure are this sites safe?
Can you recommend me some verified sites?
And what you think about this earning method?

Investing BTC (i.e. buying shares, or lending BTC, or doing cloud mining) is extremely risky. I've lost a lot of money investing BTC because companies fail, exchanges fail, and there are plenty of scams out there.

I still feel bitter about Neobee..
OP should study the many failed securities that have been, if you plan on investing in one of the new ones.

[ferman]

i think mintpal is good. i use them and not complain. but i prefer to you this = split your coins to differents sites

[Trading]

You can open an account at Bitfinex and lend your bitcoins at good rates allowing others to leverage. The coins can't leave the exchange, so they can't default on you. The only serious risk is a problem with the exchange.

Be very careful with the places you sent your coins. There are lot of scammers promising high returns. Never send any, before doing serious searches on the site.

But basically, by having bitcoins, you are already investing.

[Testing123]

Hi!
I collect some bitcoins, and I want invest.
I saw few investing websites and I don't sure are this sites safe?
Can you recommend me some verified sites?
And what you think about this earning method?

If you are talking about those sites claiming to double your bitcoin or give you 150% profit in a few days, they are ponzi and you shouldn't consider it an investment but a gamble.

For a safer investment, you may invest in the bankroll of JD.

[claugoz14]

In my opinion you should act carefully, you know in this moment the price per BTC is about $600, if you want to invest there are a few altcoin which are good to invest, I used about 20% of the amount of BTC to invest it in, LTC, Doge, BCN those coins are in a good price and stable. Good luck with your bussiness.

[zimmah]

www.just-dice.com

you can invest money there or gamble.

When you invest, people who gamble and lose will earn you money, when you gamble, well it's just gambling.