Erdogan
Legendary
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Activity: 1512
Merit: 1005
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June 15, 2014, 12:46:07 PM |
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Go all in. Yes, I'm allowed to say that.
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Keyara
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June 15, 2014, 03:31:26 PM |
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Become a slum lord.
Use that money to buy foreclosed home. Then fix it up and rent it out.
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joshraban76
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June 15, 2014, 03:50:28 PM |
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Why not invests in a UNIQUE idea you have, which is about bitcoin also ?
Or, you can buy bitcoins now, hold them, and then sell them for high price.
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ShakyhandsBTCer
Sr. Member
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Activity: 448
Merit: 250
It's Money 2.0| It’s gold for nerds | It's Bitcoin
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June 15, 2014, 04:01:21 PM |
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i like invest, and always invest, but if big invest big risk got scammer -___-
This is why it is important to only invest in things that you truly understand. It is also why you need to remember to due your due diligence. Above all if something sounds too good to be true then it probably is.
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tinof
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June 15, 2014, 04:16:25 PM |
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Why not invests in a UNIQUE idea you have, which is about bitcoin also ?
Or, you can buy bitcoins now, hold them, and then sell them for high price.
And what happen if bitcoin keeps dropping ?
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lihuajkl
Legendary
Offline
Activity: 1596
Merit: 1000
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June 16, 2014, 06:00:26 AM |
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Why not invests in a UNIQUE idea you have, which is about bitcoin also ?
Or, you can buy bitcoins now, hold them, and then sell them for high price.
And what happen if bitcoin keeps dropping ? If you scare to invest, just put them in saving account then drink the coffee.
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umair127 (OP)
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June 16, 2014, 11:21:53 AM |
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Thanks for the great advice everyone. I think I will use my funds to try start a small side business! I'm not too sure about Forex and don't like playing with stocks . And I realized what Sana said about fixed deposit and inflation rates is right. I would be able to get higher returns through other forms of investments. I don't really mind the risk as long as it is reasonable.
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sana8410
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June 16, 2014, 11:45:44 AM |
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Thanks for the great advice everyone. I think I will use my funds to try start a small side business! I'm not too sure about Forex and don't like playing with stocks . And I realized what Sana said about fixed deposit and inflation rates is right. I would be able to get higher returns through other forms of investments. I don't really mind the risk as long as it is reasonable.
Nice to hear that finally you have decided your goal and will invest in right direction. If you don't mind i would like to ask in which sector you are going to start your small business.
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RENT MY SIG FOR A DAY
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sana8410
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June 16, 2014, 12:09:57 PM |
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I can also suggest you to start resume writing. Its a home-based services. There is a good chance you'll have plenty of work to keep you busy. Many people are opting for the professional approach to having their resume written, in hopes that it helps up their chances of being hired. Its also a good source of earning in this bad economy.
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RENT MY SIG FOR A DAY
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zolace
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June 16, 2014, 12:24:54 PM |
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I can also suggest you to start resume writing. Its a home-based services. There is a good chance you'll have plenty of work to keep you busy. Many people are opting for the professional approach to having their resume written, in hopes that it helps up their chances of being hired. Its also a good source of earning in this bad economy.
You are correct, as now there is very bad economy. So you have to plan well where will you go. You can also go for Government contracts, no matter how bad the economy is, the government keeps on a spending. There are many opportunities for government contracts if you have a product or service they need. So keep this in mind also while deciding your business.
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ShakyhandsBTCer
Sr. Member
Offline
Activity: 448
Merit: 250
It's Money 2.0| It’s gold for nerds | It's Bitcoin
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June 16, 2014, 05:52:07 PM |
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Why not invests in a UNIQUE idea you have, which is about bitcoin also ?
Or, you can buy bitcoins now, hold them, and then sell them for high price.
And what happen if bitcoin keeps dropping ? Then you would lose money, like what would happen with any other investment
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Essex343
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June 16, 2014, 07:18:45 PM |
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Why not invests in a UNIQUE idea you have, which is about bitcoin also ?
Or, you can buy bitcoins now, hold them, and then sell them for high price.
And what happen if bitcoin keeps dropping ? Then you would lose money, like what would happen with any other investment You don't lose money until you realize the loss and actually sell at a loss. Otherwise, you could still make profit... even if the price falls. Unless you are long on margin and get margin called...
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ShakyhandsBTCer
Sr. Member
Offline
Activity: 448
Merit: 250
It's Money 2.0| It’s gold for nerds | It's Bitcoin
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June 16, 2014, 10:25:13 PM |
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Why not invests in a UNIQUE idea you have, which is about bitcoin also ?
Or, you can buy bitcoins now, hold them, and then sell them for high price.
And what happen if bitcoin keeps dropping ? Then you would lose money, like what would happen with any other investment You don't lose money until you realize the loss and actually sell at a loss. Otherwise, you could still make profit... even if the price falls. Unless you are long on margin and get margin called... On paper it would still be a loss. If the price is below what you paid for it then you should understand that it is showing as a loss and should not assume that the price will go back up.
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show_off
Newbie
Offline
Activity: 52
Merit: 0
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June 17, 2014, 04:10:44 PM |
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You should be long-term holding bitcoins
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Harley997
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June 18, 2014, 02:46:08 AM |
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Why not invests in a UNIQUE idea you have, which is about bitcoin also ?
Or, you can buy bitcoins now, hold them, and then sell them for high price.
And what happen if bitcoin keeps dropping ? Then you would lose money, like what would happen with any other investment You don't lose money until you realize the loss and actually sell at a loss. Otherwise, you could still make profit... even if the price falls. Unless you are long on margin and get margin called... That kind of thinking is that of a compulsive gambler
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Triffin
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June 19, 2014, 09:31:43 PM |
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Free advice ..
No matter how little or how much you make .. 1) Pay yourself first out of each and every paycheck 2) Open a Roth IRA 3) Invest in companies that raise their dividend on at least an annual basis 4) Re-invest the dividend income in additional shares 5) Sell and replace any investment that fails to raise it's dividend on schedule 6) Rinse and repeat 7) This process will replace and exceed your work income over time
This works !!
Triff ..
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RiverBoatBTC
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June 19, 2014, 09:38:44 PM |
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How about this is the best advise you will get on this board I promise you......
It is always easier to tell someone else how to spend their money, cause you are not at risk of losing it. Asking investment advice on this board is like asking a 5 year old to do your taxes.
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SunBin
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June 19, 2014, 10:31:09 PM |
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How about this is the best advise you will get on this board I promise you......
It is always easier to tell someone else how to spend their money, cause you are not at risk of losing it. Asking investment advice on this board is like asking a 5 year old to do your taxes.
Exactly. And people take credit if market happen to go their way and stay quiet if your investment blow up. Just ignore what everyone said here and make decision on your own using your own knowledge and judgement. Regardless of how things turn out, you will be the only one responsible for your action.
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crazyearner
Legendary
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Activity: 1820
Merit: 1001
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June 19, 2014, 10:43:13 PM |
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Simple investment drop some funds into BTC with what you can afford to and then trade along the waves buying low selling high and trading with it. Also take some of it to alt markets and playing with them and building your coins up and then once you get to a good figure start taking profit for yourself and continue to build on a 60/40 ratio keeping 60% taking 40% for yourself and continue to gradually build up.
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ShakyhandsBTCer
Sr. Member
Offline
Activity: 448
Merit: 250
It's Money 2.0| It’s gold for nerds | It's Bitcoin
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June 19, 2014, 11:43:16 PM |
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Free advice ..
No matter how little or how much you make .. 1) Pay yourself first out of each and every paycheck 2) Open a Roth IRA 3) Invest in companies that raise their dividend on at least an annual basis 4) Re-invest the dividend income in additional shares 5) Sell and replace any investment that fails to raise it's dividend on schedule 6) Rinse and repeat 7) This process will replace and exceed your work income over time
This works !!
Triff ..
This is probably one of the best advice on this thread. As fun as it is to invest in bitcoin it can be extremely risky and is really more like speculation then investing.
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