Hello everyone!
So lets someone has some bitcoins maybe worth about 100 to 500$. What could be the investment do where the bitcoin holder is quite new to the crypto currency world and want to get guaranteed profit from the investment.
I know that holding bitcoins are good, but what are other good investments you can make with bitcoins?
Would like to know what you guys about this.
Thanks!
i think you should buy some good alt to make double profit from bitcoin and alt, there is a lot of alt have a good future like Litecoin,Veritaseum,Digibyte,Populous...
Don't listen to this guy. Altcoins will lead you to the poor house quick, and anyone who offers a way to double your bitcoin is looking to steal it through chicanery.
If you're going to buy an altcoin, doesn't it make more sense to just hold bitcoin? Those other pieces of shit are far riskier, IMO.
There are places you could put it, like online casinos and stuff, but there's nothing better to do with your btc than just hold. Everyone is going to tell you that.
You could lend it out, but you have to watch out for scammers. They are as thick as thieves around these parts.
While I do agree with most that you've said, it's patently false that the best way to invest is by just holding BTC. A better strategy would be to keep a majority stake in BTC and then spread a portion of the invested sum over promising projects. That will not only help the ecosystem and some genuinely good projects, but also create more profit in the long run with a comparatively low or no chance whatsoever to lose without BTC losing value.
Sufficient due diligence is required of course, but simply buying one piece of whatever financial instrument is never the right way to go, regardless of whether you are in crypto, in stocks or anywhere else.