Post
Topic
Board Economics
Re: Where can i invest my money?
by
Sled
on 23/05/2017, 04:55:08 UTC
You can invest your money in altcoins because they are pretty cheap right now because the price of bitcoin is rising up so their supports are weak because most of the holders of those coins want to convert their altcoin into bitcoin because they don't want to be a bag holder for long.

Well I think it's pretty simple, the OP should just buy all of them with bitcoins at the current rate and sell them same day next week and I'm certain there will be at least 100$ profit on each Bitcoin purchased.


Investing money in bitcoin is the right way to go as the price of bitcoin is going higher now so if he buys now then he can make some good profits in quick time as price is surely increase in next few days or months so if he wants to make best profits then he should take advantage from short term fluctuations.

But i think it is better to invest in ico (altcoin) with additional bonus, in that way you can earn up to10-40% of your investment, then wait for at least 1 to 3 months when ico is done, then sell your coin above the ico price, then withdraw  your profit, in that way you can easily earn mong bitcoin and covert it to your currency, then you csn have your money back plus the profit you earn from investing it Smiley

Investing in ICO can give us huge profits if its price pumps after it gets listed on trading sites but the only issue is that many ICOs have turned out to be scam in the past so it becomes really difficult to trust them as we have experienced that only devs have made huge profits from it leaving nothing for its investors.
There is no doubt that ICO is one of the profitable investment that you can do but there is a lot of good ICO and also scam ICO even in their first day so it is better to do research first so you can do confirmation if their team is legit and also if their service is the best for this days because some of the ICO projects have anonymous information and their team is not exposed so there is a higher chance for the investor to get scam if they didn't know the team because in finding ICO, transparency is one of the things that you need to look first.