Ig0r8 (OP)
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January 23, 2015, 01:14:14 PM |
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Hi! I have a small amount of BTC (like 10BTC) in cold storage. What would you suggest me to do to make some profit out of it? I used to HODL them, but now I want them to grow (even if its few satoshis a day... still better then nothing lol) I'm not talking about HYIP or trading BTC/USD/other - because I don't understand how they work and I would easily loose money there.
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yakuza699
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January 23, 2015, 01:22:50 PM |
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Hi! I have a small amount of BTC (like 10BTC) in cold storage. What would you suggest me to do to make some profit out of it? I used to HODL them, but now I want them to grow (even if its few satoshis a day... still better then nothing lol) I'm not talking about HYIP or trading BTC/USD/other - because I don't understand how they work and I would easily loose money there.
Your best bet are casinos.You know that they have an edge so you could easily profit form that in a long run.
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spazzdla
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January 23, 2015, 02:23:24 PM |
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Hi! I have a small amount of BTC (like 10BTC) in cold storage. What would you suggest me to do to make some profit out of it? I used to HODL them, but now I want them to grow (even if its few satoshis a day... still better then nothing lol) I'm not talking about HYIP or trading BTC/USD/other - because I don't understand how they work and I would easily loose money there.
Your best bet are casinos.You know that they have an edge so you could easily profit form that in a long run. No.. NO.. DAMN NO.. Use BTCJAM and lend people BTC to grow your bitcoin wealth.
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spazzdla
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January 23, 2015, 02:24:23 PM |
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You can't say 10BTC is a small amount, you can start open business if you want to. But, if you just want to invest your bitcoin, i think these option is great for you : 1. Invest at gambling site 2. Lend your bitcoin & get profit from interest rate 3. Gambling
$2000-3000 usd is not a large amount.. to many people it is quite a small amount. #1 and #2 are a good idea. Do not do #3.
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xandriel
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January 23, 2015, 02:24:59 PM |
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A safer idea might be one of the BTC lending sites, such as https://btcjam.com/, or https://bitlendingclub.com/Just take your time with both, and research the borrowers as much as you can before investing. Some will never repay, despite the ability to take them to court for defaulting. However, even with a few defaulters you could still expect a reasonable return on your investments.
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DoubleTrouble
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January 23, 2015, 02:30:02 PM |
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I would suggest investing in an established gambling site. You will make money whilst pretty much holding onto your BTC.
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Q7
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January 23, 2015, 03:38:07 PM |
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If I were you I would continue to HOLD on to them without taking any risk. I understand that you are eager to see it grow but when we get involved in bitcoin, the concept and idea in the first place is already about growth. Imagine the infrastructure, adoption, going mainstream, globally recognized currency, that would make the price explode. For me that is good enough, and I only worry about security where I can have my bitcoin safe with me without taking unnecessary risk.
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fullhouse
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January 23, 2015, 03:57:21 PM |
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you can invest some altcoin for earning more bitcoin i think. but take care of scam
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Bitcoin Explorer
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January 23, 2015, 05:22:27 PM |
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just start a small project with 2-3 btc to keep yourself occupied and wait for price explosion
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stonerider
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January 23, 2015, 05:38:13 PM |
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Buy miners???
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Amph
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January 23, 2015, 05:56:10 PM |
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holdinh them actually make them more worth it than everything else, trading is risky now, unless you are pro, and mining equipment are useless, will never roi, unless you have free power
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Ig0r8 (OP)
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January 23, 2015, 05:59:21 PM |
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Thanks for nice answers! 1. Invest at gambling site
I would suggest investing in an established gambling site. You will make money whilst pretty much holding onto your BTC.
Can you please explain this a little broader? Maybe point me to one gambling site which is seeking investments?
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AtheistAKASaneBrain
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January 23, 2015, 06:00:43 PM |
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Hi! I have a small amount of BTC (like 10BTC) in cold storage. What would you suggest me to do to make some profit out of it? I used to HODL them, but now I want them to grow (even if its few satoshis a day... still better then nothing lol) I'm not talking about HYIP or trading BTC/USD/other - because I don't understand how they work and I would easily loose money there.
Your best bet are casinos.You know that they have an edge so you could easily profit form that in a long run. Actually thats your worst bet (unless OP is known for being lucky). IMO your best bet is investing in a crypto project you trust. I would put some of that in Maidsafe for example, but wait a while to see if we are right now in a bubble so you can get more for cheap. Crypto is a growing business and theres plenty of money to make at least long term. If you want quick money start day trading and praying.
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Possum577
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January 24, 2015, 07:07:13 AM |
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Give it time and some investment or interest on savings will emerge. You could always loan it to people too.
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DoubleTrouble
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January 24, 2015, 07:09:21 AM |
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Thanks for nice answers! 1. Invest at gambling site
I would suggest investing in an established gambling site. You will make money whilst pretty much holding onto your BTC.
Can you please explain this a little broader? Maybe point me to one gambling site which is seeking investments? I do not have any links in front of me at the moment but many dice sites accept investments. Just dice used to be bitcoin and that was great however it has switched to an altcoin now. Take a look in the gambling section.
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lyth0s
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World Class Cryptonaire
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January 24, 2015, 07:21:42 AM |
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"Investing" your bitcoin is likely to lead to scams and losses. Just hold, that is your safest bet. If your up for risk check out okcoins futures market and learn how to trade before putting any future orders in.
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Wendigo
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January 24, 2015, 08:01:11 AM |
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Buy and resell ready made websites or sought for domains. I would avoid lending out.
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JimClone
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January 24, 2015, 12:29:11 PM |
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Invest in a dice site. This is also risky if someone like Hufflepuff comes along and wins then goodbye to your coins.
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manselr
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January 24, 2015, 03:30:32 PM |
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What about loans? it could work but im scared that the mofos wouldn't pay me back.
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