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Cryptsy

This is a very powerful site to invest your money into many different types of altcoins! You really have to look around to see the power of it. Deposit any of hundreds of types of AltCoin and you can buy and sell for other types of AltCoin or FAIT. It is like a stock market for Coin. Fees are very low for trades and you get Cryptsy Points for your trades as well. Cryptsy points can be collected and you will gain a portion of the trade revenue the site makes every week, you can sell your points for BTC, or you can enter weekly drawing with them for some amazing prizes like mining equipment or computers.

If you want to be able to trade crypto currencies, there isn’t a more powerful site to do it that I have found then this one! You can even set hold prices (in other words set up a trade that will proceed once the price gets to a certain amount). Personally, I use Crptysy to trade and one other site (http://coinmarketcap.com) to quickly look to see how the market is doing for many different alt coins to decide what to go for.

Remember that investing can be risky. Don’t invest more then you can afford to lose, but some people have made a small fortune trading in these currencies, and many have used Cryptsy to do it.

You can also send money back and forth on Cryptsy without any fees using a “trade key” with other Cryptsy members. It is a receive only address, so you can share it with anyone if you want to get donations, or even to have a fee free way to make a transaction with another Cryptsy member. If you get on Crypty and ever want to send me a tip, my trade key is bbd25f4376134255974d8268eca6fce3ae00619d .

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Genesis Mining

Looking for a way to invest in mining bitcoins and other altcoins without buying your own equipment, paying for massive amounts of electricity, and heating up your house with the equipment needed to do it? Cloud mining is the answer.

Genesis is one of the most respected names in the business. They have server banks located all over the world and are one of the few that will allow you to buy “lifetime” contracts. You can also buy annual contracts that cost less, but with their lifetime contracts you can keep right on mining until it is no longer worth bothering to mine any types of altcoins. The investment to get started can be intimidating at first for many. The payouts at Genesis are daily, so every morning you will get a few more coins in your wallet. It can take months or even a year to get all more initial investment back, but with lifetime mining, everything after that is pure profit. If you use a credit card to place your order you will have to wait a month before they pay out your coins (but you get it all back after the month has passed) but if you pay with bitcoins, you start getting paid the very next day. It is nice to wake up and see a few more coins in your wallet. All maintenance fees come out before you get your coins, so you won’t even notice them being taken, but they are outlined in your contract very clearly as USD 0.0015 per GH/s and day.

Currently you can mine BTC, UNO, BTCD, DASH, LTC, DOGE, and ZET coin types and more will be added. You can easily change the way you mine from their site to allocate your hash power to mine in any configuration you wish. Change it anytime you want very easily. Genesis is always evolving their servers to remain the best in the business.

When you sign up be sure to use the code zCmo8j and you will get 2.5% off your order of any size hashpower plan.

Don't be intimidated by the initial page. Once you start the purchase you can choose to invest in as little as 0.05 TH/s for $22.49USD all the way up to 200TH/s for $78,000USD. You can also purchase more hashpower at anytime you wish right from the dashboard.

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Ways to have fun and make coin with crypto-curriencies.

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Coin Engine

Looking to invest a few bitcoins and make a little money. How about trying to invest in faucets without having to build one yourself? Coin Engine is a site that allows you to put some of your bitcoin to action.

Create an account and add some currency. Coin Engine then takes a small portion of that to pay out rewards on faucets. In return they share a large portion of what they make from advertisers back to you. You can start off small and add about $1.40 USD worth of bitcoin (around 5,000 bits or 0.005BTC currently) or go as high as you want. Every day you can see they have used a few cents worth and show how much you have earned from advertisers. Once a month they will pay back all the money they used from you plus the amount you made from the advertiser’s payments. The percentage profit on the amount they used to pay out prizes tend currently to run about 30% or more on average. It won’t make you rich, but it is definitely a way to make your bitcoins work for you.

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