Post
Topic
Board Beginners & Help
Re: I have 0.02 btc , want to invest
by
ranlo
on 22/07/2015, 09:41:36 UTC
Hello from India,
i am new on this forum but i have been earning bitcoin from faucets over last year.
i have 0.022 BTC with me , i hear a lot of people saying to join campaign how can i do that , i have 0.022 BTC want to invest to get profit, please help me.



The safest would be something like HaoBTC, which pays interest on BTC that's deposited (and lets you withdraw it at any time -- interest is paid hourly). Eric is pretty active on these forums (he works for HaoBTC) as well.

they advertise 8% or something apr, which seems suspicious, but they have shown videos of their mining farms and recently purchased several thousand miners as well. i just dont understand why they offer such high interest rates on their banking system. what's the incentive?

If they truly have a profitable mining farm, the incentive is faster build-out. Why do you think companies like Coca-Cola/Walmart/ATT/etc. all have billions in loans? Because they couldn't make money? No. Because it helps expand faster. And the interesting thing is that all of the aforementioned companies pay a LOT more than 8% on their loans.