Post
Topic
Board Beginners & Help
Re: Any Tips for getting a Start with Bitcoins?
by
deisik
on 22/03/2015, 06:38:15 UTC
Heyyo, Ive been around bitcoins for a while but it's still very confusing for me. Ive only managed to gain $.18 in BTC. Any way you guys know how to safely invest and gain, Or just gain?


never invest in any ponzi scheme unless you want to risk losing your BTC.
also try not to invest in cloudmining. most of them are scam and others are not profitable.
you can lend your BTC to gain some interest. but be careful not to get scammed.
i personally like trading, especially altcoin trading.
Trading is not profitable. It is like gambling, after sometime, you are bound to lose your BTC. Even faster if you don't have experiences.

How do you know? Did you lose your bitcoins in trading? If you didn't, what makes you think so? Even if trading is a zero sum game (which it is not), some people should necessarily win (unlike casinos where only owners win) in the case other people are losing...

The true systemic risk at exchange trading is the risk of the exchange running away with your money (or getting hacked)