So you’ve worked hard to mine a decent amount of Bitcoin and now you want to know how best to invest it – luckily, we have a few ideas for you.
Depending on whether you are looking for a passive way of increasing your money, or something a little more active, will determine which of our options is the best for you. Or, if you’re feeling curious, why not both?
Peer to Peer lending is a great way of investing your Bitcoins and knowing you have helped someone else out too. There are a load of reputable sites online that allow you to do this safely with trusted customers and by spreading out your loans you are lowering the risk even more. Lending is a fantastic way of creating passive interest as once you have lent out some of your Bitcoins, you can go about your business and wait for them to be returned with interest and grow your wallet gradually.
If you are a fan of online gaming, there is some very good news! A lot of online casinos also accept Bitcoin as part of their deposits which means if you are good/careful/lucky you have the chance to make a large amount of money from some of the games. Another pro to using online casinos to invest your Bitcoin is the fact that all casinos offer some sort of sign up bonus or incentive to help your money, whatever form it may be in, go a lot further. Don’t forget that you can often practise and test out online casino games for free on a lot of sites so you can really hone your skills before you commit to investing some of your own Bitcoin.
Of course, this method is not without risk, but the return on investment has the potential to be high and more than worth it. By using an online casino approach that best suits you, doing your research and being sensible with your bets, there is the potential to make a lot of money, even if you start off with just a little.
Due to the nature of Bitcoin, it can be quite difficult to get your pot to grow, and investment is one of the best ways to do this. Whether you choose a passive method such as lending to peers, or something a bit more active, such as gambling in online casinos, hopefully your Bitcoins will grow!