A friend sent me .03 BTC - what to do now? - page 13.

djgtr

sr. member

Activity: 951

Merit: 250

Quote from: gakadem on January 11, 2018, 05:40:06 AM

you should use for capital tradding, because if only in silence it will not increase ..
look for altcoin that you think will potentially rise in price, and you can sell it later, so your BTC balance increases
but it's up to you also somehow what you will do

Well for me i believe that you must invest into crypto so that you can get more btc. Becaude if you where going to cash out that one i really believe that that btc will be simply loose slowly until such time that no one left in your wallet whike if you invest it maybe you can have more bitcoin in the near future.

gakadem

full member

Activity: 168

Merit: 106

No success in a short time

you should use for capital tradding, because if only in silence it will not increase ..
look for altcoin that you think will potentially rise in price, and you can sell it later, so your BTC balance increases
but it's up to you also somehow what you will do

reck1ess

member

Activity: 350

Merit: 30

Quote from: Hawk77 on December 13, 2017, 12:04:56 AM

So long story short, a friend owed me for a favor and since I did not have bitcoin before he asked If I would take it in BTC. I didn't mind since I can cash out whenever.
My question is.. what do you think? Its a decent chunk of money for me to just hope something keeps rising, do you think I should "let it ride" or cash out and just be happy with ~$500?

My suggestion would be to hold for a while and wait for bitcoin price to rise up a but. Right now bitcoin goes down so holding would be a good idea. Well it still depend on you on what to do with your money.

arcfaith

member

Activity: 100

Merit: 13

Work smart, Play hard

That's kind of your friend lol. I will recommend converting BTC to ETH after holding it for half to a month more when BTC rises back. From there, you can use ETH to look into different coins that you feel is worth investing.

ostrogoto2012

hero member

Activity: 1134

Merit: 501

Quote from: housa on January 11, 2018, 05:02:46 AM

This depends on your own decision, this is your money, I suggest you can try to choose to ride it and I think you wouldn't lose out considering that $500 dollar you got for a favor.

I would wait little bit, cash out when bitcoin is around 20k dollars would be the best choise , or he can reinvest in other project! what do you think about it?

housa

newbie

Activity: 48

Merit: 0

This depends on your own decision, this is your money, I suggest you can try to choose to ride it and I think you wouldn't lose out considering that $500 dollar you got for a favor.

Selapesek

newbie

Activity: 73

Merit: 0

You seem to be a budding entrepreneur if you don’t need the money then let it ride but make sure you store it somewhere you have full control over. You could also benefit from the wave of airdrops and Bitcoin forks which may add value also

Dreamchaser21

full member

Activity: 686

Merit: 108

Quote from: bitzzz on January 03, 2018, 09:31:59 PM

It depends on you. It will rise up. If you don't need money very urgently then why not let it go up.

Holding on it is a great option and if you want to earn faster profit then do trade it. Start learning first because you got a good amount of bitcoin to use as your capital. Cryptoworld is a great source of money which offers amazing technology, do it wise.

Sunyoto

member

Activity: 574

Merit: 10

If I think it's better to think about strategies for how we can make a lot of profit in the future. I think you will be lucky in your future because for me the value of 0.3 bitcoin is not small, you can invest your bitcoin in trading it very quickly get results in the short term. than you sell it nowadays you will lose huge profits for you.because you will get many benefits because bitcoin price is promising everyone. Because many do on bitcoin the bitcoin price will tend to be even higher.

Kulafu

jr. member

Activity: 140

Merit: 2

Trade it and double the amount. that btc is a good start to be the trade of btc.

raven1322

full member

Activity: 171

Merit: 105

Quote from: Hawk77 on December 13, 2017, 12:04:56 AM

So long story short, a friend owed me for a favor and since I did not have bitcoin before he asked If I would take it in BTC. I didn't mind since I can cash out whenever.
My question is.. what do you think? Its a decent chunk of money for me to just hope something keeps rising, do you think I should "let it ride" or cash out and just be happy with ~$500?

Since its technically a money that you can afford to lose, maybe you can try and perform some alts trading. Or You can just buy other altcoins and hold it until it grows then sell it to bitcoin again.

sr32703

full member

Activity: 560

Merit: 104

Eloncoin.org - Mars, here we come!

you should hold it because bitcoin price now little bit up & down. I think price will increase fastly. while price high then sell it & earn huge money.

Maheshkumar_Hrangkhawl

sr. member

Activity: 600

Merit: 256

Quote from: Hawk77 on December 13, 2017, 12:04:56 AM

So long story short, a friend owed me for a favor and since I did not have bitcoin before he asked If I would take it in BTC. I didn't mind since I can cash out whenever.
My question is.. what do you think? Its a decent chunk of money for me to just hope something keeps rising, do you think I should "let it ride" or cash out and just be happy with ~$500?

Your friend might have paid quite a lot in paying the transaction fee. IMO, 0.03 BTC is not a very big amount. Even if the exchange rates increase by 1,000%, the coins will be worth less than $5K. Not a very significant amount of money as far as I am concerned. Perhaps you can use this amount as a starting block. You must add upon this amount and aim for BTC1.00.

adhika.g

newbie

Activity: 5

Merit: 0

I would advise you keep it or start trading with small amount to see if it interests you

pushups44

sr. member

Activity: 854

Merit: 281

It's up to you to do whatever you want with it, though if a friend sent me that I'd be tempted to keep it for a long time. While the bitcoin bubble may burst, there is the possibility of the price going multiples higher if the right upgrades are made to the network and soon.

Clover_Faith

full member

Activity: 237

Merit: 100

Quote from: Hawk77 on December 13, 2017, 12:04:56 AM

So long story short, a friend owed me for a favor and since I did not have bitcoin before he asked If I would take it in BTC. I didn't mind since I can cash out whenever.
My question is.. what do you think? Its a decent chunk of money for me to just hope something keeps rising, do you think I should "let it ride" or cash out and just be happy with ~$500?

Wow. If some one give me a bitcoin i will pray them for being kind. And i spend it to important things. But you can use it to invest to make it grow or trade it to use its your choice what to do.

josephinerosdy

full member

Activity: 434

Merit: 100

why you cash out if you can earn more in crypto. you can just hold for long term or change to altcoin and trade it to earn more profit.
but if you have no idea about bitcoin / crypto and not interested in crypto, the best way is cash out.

Nerman

full member

Activity: 364

Merit: 107

Quote from: Hawk77 on December 13, 2017, 12:04:56 AM

So long story short, a friend owed me for a favor and since I did not have bitcoin before he asked If I would take it in BTC. I didn't mind since I can cash out whenever.
My question is.. what do you think? Its a decent chunk of money for me to just hope something keeps rising, do you think I should "let it ride" or cash out and just be happy with ~$500?

It is pretty simple. Here are your options.

If you are not familiar or not interested with Bitcoin or cyrpto currency and you really don't need the money then just hold it and forget about it. Just put your wallet logins on where you can remember it. You maybe surprise on how much it will be worth after a few years.

If you know how to trade then use it for trading.

If you really need the money then cash it out.

coynedterm

hero member

Activity: 882

Merit: 500

Quote from: Hawk77 on December 13, 2017, 12:04:56 AM

So long story short, a friend owed me for a favor and since I did not have bitcoin before he asked If I would take it in BTC. I didn't mind since I can cash out whenever.
My question is.. what do you think? Its a decent chunk of money for me to just hope something keeps rising, do you think I should "let it ride" or cash out and just be happy with ~$500?

I have three options for you to use .
First option is to make inevstment of or your btc in any project , looking legimate and make profit into big .
Second option for you to make trading with your bitcoin for those altcoins which are having flcutuations much weekly ,and make small small earnings in small small % day by day .
Third option for you to do nothing , just hold your btc in your wallet fo 2-3 years and then enjoy it for much amount of money .
Otherwise if you will sell your bitcoin today then what you will get , only small amount of money and nothing , so to have bitcoin instead of fiat will be more better for you .

Panyut

newbie

Activity: 3

Merit: 0

You only need to do mining with the capital given to you, you should be able to make 0.3 BTC more

Topic: A friend sent me .03 BTC - what to do now? - page 13. (Read 2997 times)