btchaste
Newbie
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Activity: 55
Merit: 0
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August 27, 2014, 04:13:24 PM |
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Investing bitcoins is a risky business, I would prefer to hold them without playing with unknown investments.
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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james martin
Newbie
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Activity: 45
Merit: 0
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August 27, 2014, 04:19:48 PM |
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This is easiest, most direct way to invest in bitcoin. Choose Coinbase as your exchange. Backed by Silicon Valley royalty, Coinbase combines the two things you need to start collecting bitcoin: a wallet (a digital place to receive, send, and/or store your bitcoin), and an exchange (to buy the bitcoin with U.S. dollars).
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Gundulmu
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Activity: 63
Merit: 10
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August 27, 2014, 07:07:51 PM |
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trading coin or hold btc, invest mostly ponzi
you can also sell btc and open a business in the real world
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Damnyo
Newbie
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Activity: 42
Merit: 0
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August 27, 2014, 10:51:04 PM |
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The best is via exchange of fiat for BTC
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DhaniBoy
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August 28, 2014, 04:25:27 AM |
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I think investing bitcoin is a longterm investation, you can not earn a lot of bitcoin in the near future, you must wait and see when you investing bitcoin
At anywhere you investing it, you must wait and see, hopefully you can find the place which is safe and profitable to investing it ...
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meadefreling
Full Member
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Activity: 210
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
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August 28, 2014, 01:19:08 PM |
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The best approach to BTC investment is withholding your stocks when there's market recession and wait to sell when there's a boom.
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SwingBTC
Newbie
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Activity: 42
Merit: 0
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August 29, 2014, 02:13:11 PM |
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Dollar cost average seems like the more legitimate way to me.
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Ringumbau
Newbie
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Activity: 42
Merit: 0
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August 29, 2014, 03:00:09 PM |
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Good ol buy and hold technime, same as used for gold.
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bitkanu
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August 29, 2014, 03:43:53 PM |
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Good ol buy and hold technime, same as used for gold.
don't compare BTC with Gold . because we will use BTC as Diamond which has high cost  you will need huge money to buy single BTC because you know we can mine limited BTC in the market and need of the BTC will increase too much in future |
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sandykho47
Sr. Member
Offline
Activity: 252
Merit: 251
Knowledge its everything
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August 29, 2014, 04:15:28 PM |
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There are no best way  But there are good way to invest : - Trading - Arbitrage Trading - Mining (You should check ROI / break even before invest) 3 of them is good & safe way (for me) |
Kemampuanku Tidak semua orang memiliki dan dapat melakukannya . Tidak memakan kaum sendiri . dan mempunyai kode etik yang tidak masuk akal.
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giveBTCpls
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August 29, 2014, 04:58:25 PM |
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Im dollar cost averaging aka investing little peanuts I have left after taxes and monthly expenses, but slowly im building up my first BTC, also thanks to sig campaings.
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wasserman99
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August 29, 2014, 05:51:59 PM |
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There are no best way But there are good way to invest : - Trading - Arbitrage Trading - Mining (You should check ROI / break even before invest) 3 of them is good & safe way (for me) I don't like any of these ways. They all involve a lot of unnecessary risk. I especially do not like the third way (mining) as almost all miners available to the public (people with a small amount to invest) will almost certainly never ROI. Several people on here have also said dollar cost averaging however this is really not very different then investing in terms of fiat, but the OP is wanting to invest in terms of bitcoin. |
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Skavenger
Newbie
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Activity: 28
Merit: 0
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September 01, 2014, 05:52:23 PM |
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Buy with FIAT its the only way.
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RedhatCAT
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September 01, 2014, 09:09:16 PM |
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There are no best way But there are good way to invest : - Trading - Arbitrage Trading - Mining (You should check ROI / break even before invest) 3 of them is good & safe way (for me) I don't like any of these ways. They all involve a lot of unnecessary risk. I especially do not like the third way (mining) as almost all miners available to the public (people with a small amount to invest) will almost certainly never ROI. Several people on here have also said dollar cost averaging however this is really not very different then investing in terms of fiat, but the OP is wanting to invest in terms of bitcoin. I agree. I personally think all of the above ways to invest your bitcoin will generally not ROI. I would suggest making loans with collateral, however this is very time intensive. |
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galbros
Legendary
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Activity: 1022
Merit: 1000
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September 01, 2014, 09:51:18 PM |
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I have listened so many stories about scams, exchanges which disappear etc that I decided to store all my savings in cold storage without investing them anymore.
Agreed. When I first got involved with bitcoin I was excited about the prospect of "investing" them. I am so glad I didn't. Almost everything I looked at would have been a disaster compared to simply holding them. Basically if you want to invest in bitcoin then just buy it and store it safely. Maybe use it in transactions to foster adoption. There are no safe or well understood "investments" yet. About the best you could do historically would have been something like investing on Just Dice where you could be the bank, but even then considerable trust was involved and they've since shut down - though they did return all the coins to their investors. |
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lyth0s
Legendary
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Activity: 1260
Merit: 1000
World Class Cryptonaire
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September 02, 2014, 12:06:51 AM |
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Once, I started with Cex.io's business but I get out as fast as I could and start changing my investing in BTCJam. Now, some people tell me that put the BTC in loans is very dangerous because the price.
And I was like...
What then, is the best way to invest Bitcoin, given the amount of start-ups and business that are right now? Which one is the best according to you?
Just buy and hold and let the value/price of bitcoin go up on its own. If you try to multiply your bitcoins by investing you're going to get burnt by a bunch of scammers. Really your only other legit option is to day trade bitcoin on bitfinex if you are knowledgeable in that subject. |
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Timetwister
Legendary
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Activity: 1199
Merit: 1047
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September 02, 2014, 03:59:35 PM |
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Once, I started with Cex.io's business but I get out as fast as I could and start changing my investing in BTCJam. Now, some people tell me that put the BTC in loans is very dangerous because the price.
And I was like...
What then, is the best way to invest Bitcoin, given the amount of start-ups and business that are right now? Which one is the best according to you?
Bitfinex is fine as long as you want to change the BTC for USD, as interest rates for BTC are very low. |
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SweetBits.biz
Newbie
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Activity: 56
Merit: 0
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September 02, 2014, 04:02:28 PM |
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The best way is to buy, and hold. Don't put any money in mining or cloud mining.
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nelruk (OP)
Member
Offline
Activity: 115
Merit: 11
Bitcoin is revolution
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September 02, 2014, 06:23:09 PM |
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Once, I started with Cex.io's business but I get out as fast as I could and start changing my investing in BTCJam. Now, some people tell me that put the BTC in loans is very dangerous because the price.
And I was like...
What then, is the best way to invest Bitcoin, given the amount of start-ups and business that are right now? Which one is the best according to you?
Bitfinex is fine as long as you want to change the BTC for USD, as interest rates for BTC are very low. You are the second person who vote for Bitfinex. Do you have an account there? Are any differences between that and Bitstamp? |
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oceans
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September 02, 2014, 06:56:40 PM |
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Couldn't agree more with what has been said. Buying bitcoin with money when you can and then holding onto it is the best way to invest. Putting any kind of money into anything could only result in you being out of pocket, it's always best to invest what you know you can afford and then hold and wait.
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