Investment & Investing

yeah ill keep an eye on the market for the cash ones but the main difference is that with a LISA i can put more in per year as well.

ill just keep monitoring I guess and opening multiple savings accounts and building my pots up

That's an informative thread. Thanks for posting it.

Raytheon.

For those of a high risk persuasion, this blockchain project is paying 30% annualized interest at the moment.

ROI has been between 70% and 30% for six months or more now.

https://stats.crowncentral.net/

^ A £5k investment in June last year would be worth ~£150k now with a monthly dividend income of about £3,500

im interested in those numbers but I dont even know what a blockchain project is so I should probably steer well clear of that

This is why I'm so hesitant to suggest that friends and family invest in these things. It can very much be an "aaaaaaand its gone" sort of business. That said, a few grand in the right place can net you millions.

I've been working on blockchain projects for 5 years and have only been able to make a full time living out of trading in the last six months.

Either you need to understand the technology thoroughly yourself or really trust the person who is tipping an investment. 90% of the projects in the block chain space are scams of some sort I think. If its not a scam, there's still a lot of luck involved. Its the wild west.

I would love to get involved in these kind of frontier cutting edge things and eventually would probably understand it if I put some time into looking at it but I am only starting out on saving a deposit for a house so the funds I have aren't actually surplus. booooooooo

This looks really interesting but again, I'm just a clueless mug.

Can you lose more than you invest?

What does that thing do?

Absolutely. You could lose 50% or more in a few days. Its about identifying the projects that are genuine and that have a lot going for them so you can have confidence that development will move in the right direction over months and years.

Just like everything else, don't invest what you can't afford to lose. Its about finding a balance of risk. You might lose your entire initial stake but you also might 10x it in three months for example.

Crown (Crown.tech) is a community run project that is building a decentralised block chain based application platform with an open API. I've been working on it since June last year.

^ In a nutshell, its a bit like playing a lottery with much better odds. (if you pick your horse wisely)

[Fry: Take my money.jpeg]

I clicked on it and it's all just gibberish (to me). Actually it's not, I understand it, but don't understand which part of that website (or its (parent?) site) lets you invest money to get those returns.

You need to buy Bitcoin and then trade for CRW on either Bittrex or C-Cex.

It's different and crazy confusing but it's the future. Maybe.

In the meantime, it's a way for the brave to get rich or lose money.

So are you saying if I buy, say, $100 of Bitcoin now, exchange it today for CRW, the value of that CRW might yield great returns (when I then exchange it back???) over the next x months?

Sort of.

It is possible the value of CRW will go up by several multiples in the medium to long term. However you can't operate a masternode/throne (the device that generates regular income) unless you have 10,000crw to link to it as non risked collateral. This means the really juicy returns are saved for people with a few grand invested.

In a nutshell, a throne that serves to do several things that are beneficial to the network but think of them as cloud nodes that provide the infrastructure to serve apps and services. If you run one, you get paid for it. The 10k crw collateral requirement exists to make it financially impossible for one entity to control a majority of the nodes and thus game the system.

A CRW throne is similar to a DASH masternode.

http://dashmasternode.org/what-is-a-masternode/

On that note, £10k invested in Dash in 2015 would be worth £1.5m now.

Absolutely. You could lose 50% or more in a few days.

Wanted to work out if it was analogous to spreadbetting in that you can lose more than the total value of your capital.

Sounds like it isn't, but it's volatile enough to wipe your capital pretty quick.

The most important difference from DASH is that Crown can be merge-mined with Bitcoin so that it has the capability to leverage the security provided by the bitcoin network’s hashpower.

Of course.

So given that the minimum amount of CRW you need to run a Throne is 10,000, and the price of one CRW is about $0.39, I could have one for under $4k?

And you get paid for hosting one of these thrones? A fixed amount, or some amount contingent on the success of the currency?

Is this information on their website at all? It's absolutely opaque.

>>>>> massive punt thread

(I'd still read it though, I just don't see this stuff as an investment or investing... but maybe I should?)

Further question on this specific stats site (very sorry).

I'm now just beginning to understand this page, but the default is set to 1 "Tron" rather than "Throne" - WTF?

FAKE EDIT: I see that's actually run by a third party who are trying to sell you hosting for thrones. Their (hosting) website is shit, so I shan't use them!

On that note, £10k invested in Dash in 2015 would be worth £1.5m now.

I'm assuming you'd have needed to have been on board from pretty much day 1, making this the mother of all punts - unless you were on the inside?

Also I guess some folks are rich enough to chuck £10k at this stuff and see if it sticks. Proof that it's simple to get richer if you are rich etc.

Like bit coins some people might make a fortune.
But for most people unless you have surplus money in which to punt on a project.
I wouldn't go anywhere near it.
Especially as not long ago this thread was mainly about saving for a house deposit.