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Re: Low activity long term BTC investing?
by
iv4n
on 12/04/2018, 17:57:46 UTC
I have some BTC asleep in my wallet doing nothing, therefore I want to put them in work to increase their value.
I've already looked into crypto trading but that requires spending much time reading about the projects to find good ones with potential and staying up to date with it, however my main concern is that I don't have much time to follow up on them :-/
Also thought about running a Loan service, however it takes as much time in validating the loans and keeping up with them, not to mention with my current trust it's highly unlikely to find a valid loan since they'd go for more trusted users.
My final thought was lending my funds to an existing loan service for a small return, which sounded good idea first... but I couldn't find a loan service that seems to be short on funds  Undecided

Anyone got other ideas that will  get me some revenue without having to spend much time following up with it? something set & forget for couple months (maybe check once every month or two)?
If you don't want any work to do then holding is the best option then other type of investment because everything involves risk and time.If you want you can loan it or else the mining can be an option but the best option is just jold it.

I have many ideas but you need to know how much you are willing to risk ans how much profit you wish. Bitcoins on work are possible of you invest them in some casino bankroll, loan in poloniex, I wouldn't trust cloud mining services, doublers and those who promise something too good to be truth. If you are open minded then investing bitcoins in some proof of stake coin can be a good option, run a node and just chill, if you pick good one you will buy back your bitcoins soon with profit from that, and you will still run a node. I will not suggest any specific pos coin, many of them are good buy I will not advertise any of them. There are many sites with good and explanations what you need and on what profit you can count, check it out, always do a full research before you invest your money, don't trust what others say, good luck.