INVEST BITCOIN!!!

[Gebbit]

This is missing the point of Bitcoin. When buying or selling bitcoins you must trust your counter-party if the transaction is not in person. Even if the transaction is in person there is a level of vulnerability and generally the price you are offered is not good. However, upon purchase you can store your bitcoins at your own wallet. 

[Herbert2020]

i suggest you do some research about trading altcoins with your bitcoin. BUT if you want to jump in without enough information and knowledge you will surely lose more money than you earn. but if learn the ways, the earning is good.

EVen the "pros" that claim to "Beat" the altcoin markets either only do it by manipulating the market or the flat out lie about their results. The problem is that there is so much variance and people are really bad in distingushing results into skill and variance.

well i am no "pro" and i am certainly not beating the altoin market. i am a beginner in trading altcoin and in my experience this market can be profitable if you are careful enough and enter it with some knowledge.

[GreenStox]

btcjam, havelock, or the new exchange that gives bitcoin based options.

Not 100% guarantee becasue that thing doesnt exist, but its a nice startup if you can control your risk.

If you can make already 5-10%/week then you can slowly build capital lol

[ubitcoin]

Seeing all the replies I think I should start with trading avoiding all gambling, mining etc.
That will be great to start with

[pooya87]

Seeing all the replies I think I should start with trading avoiding all gambling, mining etc.
That will be great to start with

its not about avoiding gambling. just you have to keep in mind that gambling is not an investment.
this is a wrong thought that is becoming common between users that gambling is an investment and you are supposed to profit from it. NO it is for fun and spending money.

[steven.G999]

Seeing all the replies I think I should start with trading avoiding all gambling, mining etc.
That will be great to start with

I think if you invest in the gambling was pretty good, as in primedice and other dice games, because usually the owner of the dice always win, so you can gain enough

[ranlo]

Seeing all the replies I think I should start with trading avoiding all gambling, mining etc.
That will be great to start with

its not about avoiding gambling. just you have to keep in mind that gambling is not an investment.
this is a wrong thought that is becoming common between users that gambling is an investment and you are supposed to profit from it. NO it is for fun and spending money.

I don't know why anyone would think gambling is an investment. The whole premise behind it is that the house has an edge, and they always win over time. You really shouldn't do it as an investment, but more of a "let's see if I'm more lucky than most people... when I have no control over what happens."

[pooya87]

Seeing all the replies I think I should start with trading avoiding all gambling, mining etc.
That will be great to start with

its not about avoiding gambling. just you have to keep in mind that gambling is not an investment.
this is a wrong thought that is becoming common between users that gambling is an investment and you are supposed to profit from it. NO it is for fun and spending money.

I don't know why anyone would think gambling is an investment. The whole premise behind it is that the house has an edge, and they always win over time. You really shouldn't do it as an investment, but more of a "let's see if I'm more lucky than most people... when I have no control over what happens."

because of the "Possibility" of doubling or tripling what you invested. but what people forget is that it is only a chance which is always low. and all this is when it is a legit gambling site not some scam coding which makes you lose.

[ubitcoin]

Seeing all the replies I think I should start with trading avoiding all gambling, mining etc.
That will be great to start with

I think if you invest in the gambling was pretty good, as in primedice and other dice games, because usually the owner of the dice always win, so you can gain enough

Ya but I think it will take more then 1yr to make enough profit for me from those site :/

[ChuckBuck]

If the OP just bought Bitcoin on the date he posted (2/26/15) and held it, his coins would've been worth $40 more each today.

So at $255 per BTC on February 26th * say 10 Bitcoins for an overal fiat value of $2550.

At today's prices, you would've had $295 per BTC * 10 for $2950 equals $2950.  You would've made $400 fiat dollars just by sitting on it.

If you didn't just BUY and HODL and look at some scam invest, trading, or gambling site....you just cost yourself $400 for doing nothing basically.

Don't be a dumbass.  Just BUY and HODL.

[dothebeats]

If the OP just bought Bitcoin on the date he posted (2/26/15) and held it, his coins would've been worth $40 more each today.

So at $255 per BTC on February 26th * say 10 Bitcoins for an overal fiat value of $2550.

At today's prices, you would've had $295 per BTC * 10 for $2950 equals $2950.  You would've made $400 fiat dollars just by sitting on it.

If you didn't just BUY and HODL and look at some scam invest, trading, or gambling site....you just cost yourself $400 for doing nothing basically.

Don't be a dumbass.  Just BUY and HODL.

It would have been a completely different scenario if the coins dropped in value. Hodling is nice, I get the point, but it's not that bad to diversify your possible source of income because if one fails to get you profit, there are always other option that you can choose from and rely on.

[ChuckBuck]

If the OP just bought Bitcoin on the date he posted (2/26/15) and held it, his coins would've been worth $40 more each today.

So at $255 per BTC on February 26th * say 10 Bitcoins for an overal fiat value of $2550.

At today's prices, you would've had $295 per BTC * 10 for $2950 equals $2950.  You would've made $400 fiat dollars just by sitting on it.

If you didn't just BUY and HODL and look at some scam invest, trading, or gambling site....you just cost yourself $400 for doing nothing basically.

Don't be a dumbass.  Just BUY and HODL.

It would have been a completely different scenario if the coins dropped in value. Hodling is nice, I get the point, but it's not that bad to diversify your possible source of income because if one fails to get you profit, there are always other option that you can choose from and rely on.

Price swings happen obviously with a new currency like Bitcoin.  Goes up, goes down, goes sideways.  Sure, you can day trade, or gamble, or cloud mine, etc.  All 3 of those are waaaaayy riskier than just holding though.  You can literally lose your entire stash doing that as opposed to sitting on BTC and just let it grow organically.

Diversification not really an option.  I mean what else would you invest in, Ripple, Darkcoin, or Litecoin?

This is what the most recent Altcoin developer conference had to say about that:

https://www.youtube.com/watch?v=cIasr2AiyZ0

HODLING BTC is the safest, and really, the no brainer option.

[pooya87]

If the OP just bought Bitcoin on the date he posted (2/26/15) and held it, his coins would've been worth $40 more each today.

So at $255 per BTC on February 26th * say 10 Bitcoins for an overal fiat value of $2550.

At today's prices, you would've had $295 per BTC * 10 for $2950 equals $2950.  You would've made $400 fiat dollars just by sitting on it.

If you didn't just BUY and HODL and look at some scam invest, trading, or gambling site....you just cost yourself $400 for doing nothing basically.

Don't be a dumbass.  Just BUY and HODL.

It would have been a completely different scenario if the coins dropped in value. Hodling is nice, I get the point, but it's not that bad to diversify your possible source of income because if one fails to get you profit, there are always other option that you can choose from and rely on.

what you are saying is true when we are at a price bubble. it is the scenario of a while back when the price was high. now that it is in a big decline it is bound to go up.

[winchancer]

Seeing all the replies I think I should start with trading avoiding all gambling, mining etc.
That will be great to start with

Indeed. Trading is safer. Anyone can recommend some decent trading platform?

Thanks.

[ranlo]

Seeing all the replies I think I should start with trading avoiding all gambling, mining etc.
That will be great to start with

Indeed. Trading is safer. Anyone can recommend some decent trading platform?

Thanks.

I'll vote for Bitfinex. It's got a huge trading volume and allows things like margin trading. If you're good at what you do, it's a solid platform.

There are also some platforms for futures trading, but I'm not well-versed enough in that to give recommendations.

[Berau]

Insider trading is illegal and immoral, but it's probably the best way to generate a huge profit with minimal risk, if the guy you're talking to is a person you know and trust. Probably the best option to go for if you're trading altcoins etc., as there's lots of people on the dark net who can provide those kind of information.

[Hfleer]

As expected, the AUD is devaluating very hard. This is the only reason that such high interest rates are possible.

http://finance.yahoo.com/echarts?s=AUDUSD%3DX+Interactive#{%22range%22%3A%225y%22%2C%22scale%22%3A%22linear%22}

That chart shows deflation, rather than inflation (devaluation). It says it's AUS->USD, and that it went from 1.1 to 0.7. This means whereas it used to cost $1.1 AUS = $1 USD, now it only takes about half that. This means it would have deflated by 50% (meaning $AUS is actually worth twice as much as it was before, relative to USD).

i.e., in 2012, if I had $1000, I could buy $1100 in stuff in Australia. Now, with $1000, I can only buy $700 in stuff there with the same USD. So the value of $AUS has gone up, the value of USD has gone down.

For your statement to ring true, it would have to go in the opposite direction (in that it would take MORE $AUS to equal the same USD).

No lol audusd going down is not deflationary.. Infact aus central bank has been complaining deflation was an issue as aud rose above parity.. And that they would sell if market doesnt correct.. And now its falling on its own.. Usd is deflationary right now.
In 2012 with $1000 u can buy $900 aud worth of stuff.. And now $1200 aud worth at 0.8

If $1 USD is only worth $0.77 AUS, and last year $1 USD was worth $1.1 AUS, how is USD going up in value? That makes absolutely no sense.

Sorry, but you are dead wrong.

http://www.xe.com/currencyconverter/convert/?Amount=1&From=USD&To=AUD

Please don't say "reading charts is not so hard" if you fail to do so yourself

[Somekindabitcoin]

The best place to invest bitcoin is to convert it to fiat and hop on a stock exchange. Drop it in an oil ETF or Vanguard and just watch your slow profits roll in.

[techgeek]

Insider trading is illegal and immoral, but it's probably the best way to generate a huge profit with minimal risk, if the guy you're talking to is a person you know and trust. Probably the best option to go for if you're trading altcoins etc., as there's lots of people on the dark net who can provide those kind of information.

regardless if its immoral or not, people do it lol

its called capitalism and those who can get away with it will do it over again.

[Hfleer]

Insider trading is illegal and immoral, but it's probably the best way to generate a huge profit with minimal risk, if the guy you're talking to is a person you know and trust. Probably the best option to go for if you're trading altcoins etc., as there's lots of people on the dark net who can provide those kind of information.

regardless if its immoral or not, people do it lol

its called capitalism and those who can get away with it will do it over again.

Insider trading might be immoral but it is definately not illegal in all markets. Bitcoin and altcoin markets are not regulated and can thus not be under normal regulation regarding insider trading.