FinalFantasy (OP)
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September 02, 2014, 08:19:35 PM |
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I have one full bitcoin. What form of investment would be available for this amount and what are the risks involve?
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JerryCurlzzz
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September 02, 2014, 08:25:44 PM |
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I have one full bitcoin. What form of investment would be available for this amount and what are the risks involve?
I'd be weary of BTC-denominated investments. The lending forum is full of scammers. Casinos and other investment opportunities can be very fly-by-night. I prefer to hold onto my BTC when not hedging by holding USD to buy back lower.
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minerpumpkin
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September 02, 2014, 08:44:40 PM |
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Yeah, I'd be very careful to invest in BTC-denominated stocks. There are very few stocks that currently trade above IPO price (I can actually only think of one - ASICMiner). The safest way (if you can call that safe) is to keep the BTC safe in a paper wallet and wait for it to appreciate in value!
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I should have gotten into Bitcoin back in 1992...
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jbrnt
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September 02, 2014, 08:52:59 PM |
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I wouldn't invest in any cryptostock or gambling sites. May be find a trust worthy exchange and do a bit of trading? Trading with 1 btc would get you anywhere though. So, the safe way is just to leave them in a paper wallet.
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minerpumpkin
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September 02, 2014, 09:20:58 PM |
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I wouldn't invest in any cryptostock or gambling sites. May be find a trust worthy exchange and do a bit of trading? Trading with 1 btc would get you anywhere though. So, the safe way is just to leave them in a paper wallet. Investing in trusted gambling sites can actually pay off. But only if you actually do invest in the bankroll. Gambling there is dangerous - like all gambling is. Sites like PrimeDice are legit and provably fair, though!
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I should have gotten into Bitcoin back in 1992...
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Nagato4
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September 03, 2014, 12:37:02 AM |
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I wouldn't invest in any cryptostock or gambling sites. May be find a trust worthy exchange and do a bit of trading? Trading with 1 btc would get you anywhere though. So, the safe way is just to leave them in a paper wallet. Investing in trusted gambling sites can actually pay off. But only if you actually do invest in the bankroll. Gambling there is dangerous - like all gambling is. Sites like PrimeDice are legit and provably fair, though! Very true, but with JD shut down and PD still not accepting investment, the only places left are DiceBitcoin, Dice.Ninja and PRC Dice...
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Vortex20000
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September 03, 2014, 12:57:36 AM |
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Try CEX.io.
And if you're going to try, PM me, I can guide you.
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shogdite
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September 03, 2014, 01:05:57 AM |
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Probably safest just to hold your btc for now.
There is potential to make a decent profit by investing in alt currencies but it's very risky and unless you know what you're doing probably wise to not bother.
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Brewins
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September 03, 2014, 01:21:40 AM |
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Anyone can hold any kind of money, fiat or crypto one. It won`t require any inteligence(even dogs can hold stuff), but I think no one would call it investing.
Options:
Trade. Risks: lose money by sell low and buy high, gox events, account hacked. Invest in the bank of some well kown gambling site. Risk deppends on site. Trade digital goods and stuff. Risk is you screw up with your business and don't have profit or you being scammed Buy sites and stuff like that. Risk is your site or service don't have enough profit and you end with less bitcoin.
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Minnlo
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September 03, 2014, 05:17:26 AM |
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Try CEX.io.
And if you're going to try, PM me, I can guide you.
The hashrate price on cex is way too high to be profitable (0.0038 btc per GH/s) and the maintenance fee at $0.18 a month makes it even worse. You are almost guaranteed to get some loss mining there, unless you are good at trading the GHS market.
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Slark
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September 03, 2014, 05:22:01 AM |
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I heard that Hashlet from GAW miners are really good options nowadays. It is not that expensive, you don't have to invest much in it. Just test the waters if this is profitable enough and see if you want to continue.
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thew3apon
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September 03, 2014, 06:17:11 AM |
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I heard that Hashlet from GAW miners are really good options nowadays. It is not that expensive, you don't have to invest much in it. Just test the waters if this is profitable enough and see if you want to continue.
The price has went up a lot, not worth it anymore.
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deepestfear
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September 03, 2014, 06:24:14 AM |
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Provide as collateral to margin lending ops like on bitfinex Btcjam maybe selectively on collateralised stuff
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notlist3d
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September 03, 2014, 06:37:54 AM |
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Either invest or hold. Holding is not a bad idea. It is a little low right now.
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cutesakura
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September 03, 2014, 07:18:39 AM |
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I have one full bitcoin. What form of investment would be available for this amount and what are the risks involve?
i am also confused where the safest and most profitable place to invest bitcoin? can anyone help me please ...
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DrG
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September 03, 2014, 07:35:01 AM |
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Bitcoin is a currency and an economy. If you want to invest in it you need to advertise BTC to merchants. Newegg and Dell took it, advertise it to your local shops. The more it gets accepted, the more stable it will become and the more likely the value will rise due to its utility.
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Nagato4
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September 03, 2014, 08:13:12 AM |
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Bitcoin is a currency and an economy. If you want to invest in it you need to advertise BTC to merchants. Newegg and Dell took it, advertise it to your local shops. The more it gets accepted, the more stable it will become and the more likely the value will rise due to its utility.
+1. To make the bitcoin price much higher, we need bitcoin to hit the mainstream. To do so, we need to get more customers using bitcoin and more merchants accepting bitcoin payment. One simple way to get merchants interested in bitcoin, is to ask if they accept bitcoin every time you pay for your products or services.
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CryptoCarmen
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★Bitin.io★ - Instant Exchange
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September 03, 2014, 11:46:16 AM |
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I have one full bitcoin. What form of investment would be available for this amount and what are the risks involve?
You can buy physical bit coin and wear it as necklace around your neck. It will be expensive necklace soon.
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dzust
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September 03, 2014, 12:03:06 PM |
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I have one full bitcoin. What form of investment would be available for this amount and what are the risks involve?
Keep it
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oceans
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September 03, 2014, 12:04:37 PM |
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Holding one full bitcoin would not be a bad idea at all right about now to be honest. The price is currently low and hopefully should rise again soon so holding will make your one full bitcoin worth more meaning you could probably invest in more than you could do now
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