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!
Guaranteed profits are impossible to achieve. Any investment has its risks. Of course there are investments more risky than others, but there's always the peril to lose money.
Anyway, some of the most common investments Bitcoin users made are:
- ICO. You buy new coins in bulk, before they are accepted on exchanges. There are people who earned huge amount of money in this but there are scams as well in this business.
- Trading. You buy altcoins when they are on exchanges.
- Sport betting. Very risky but you can achieve good results if you know the business.
- Lending. You lend money to people, getting interests after a period of time.
- Cloud Mining/HYIP. Very risky! I suggest you to avoid!