Topic: A friend sent me .03 BTC - what to do now? - page 16. (Read 2997 times)
It's your choice, brother. Just be wise about it.
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?
You are lucky enough that a friend send you that amount of bitcoin because nowdays, its already a huge amount of money. I recommend you to hold that in your wallet or invest it to some bitcoin related companies. In that way, you can make that amount of bitcoin larger. 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 better that you keep that as btc instead of cashing them out as the price of the btc is more likely to rise in the future so its better you keep them instead of cashing them out.It will remain as a good form of investment plan for you.Now the time is also good for you to keep buying some more as sathoshi as the current rate is only 14K USD its better to buy now as the price is pumping.
Don't cash it out just yet. It is too early. You will definitely regret it if you pull out now. 0.03 btc is a lot of money now, but also stipulate the possible potential it has now. At a price point of $15,000 and rising as of posting this, you'll definitely get more money with that 0.03 if you hold just a little bit longer.
Keep it because bitcoin increases its value
and you expect it to grow older
as long as you can not forget your neighbor
and always thankful for the grace given
and you expect it to grow older
as long as you can not forget your neighbor
and always thankful for the grace given
Now is the opportunity to invest and make a profit of it. Put them to an exchange site and do trading. Bitcoin is rising, you can double up the quantity of your bitcoin if you do trading but you need to be carefull.
I think you should save it or invest it for your own finances try to hold it and make it grow just my opinion though
You are really lucky to get the bitcoin, If you are good at investing you should invest your Btc, but if you are not good at investing then you should save it for the future because I am sure bitcoin will continue to increase year after year.
so you are like a savings that keeps digging up without you having to perform an action.
so you are like a savings that keeps digging up without you having to perform an action.
Keep it in your wallet and it will go up in price soon. Just give your self a month or two. At the same time learn how to trade in crypto currency.By the time you can trade ,you will have much to invest in.
There are several options you can try.
1. you can trade the bitcoin to another coin that could potentially rise in price. but remember you have to practice first for this, search for as much information about how to trade coins. by trading your coins, you will get many benefits from trading your coins.
2. Just hold the bitcoin until the bitcoin price matches the target you made.
I recommend doing it for option no 2.
1. you can trade the bitcoin to another coin that could potentially rise in price. but remember you have to practice first for this, search for as much information about how to trade coins. by trading your coins, you will get many benefits from trading your coins.
2. Just hold the bitcoin until the bitcoin price matches the target you made.
I recommend doing it for option no 2.
First of all if you want to ride with the flow you have to research of BTC and how it works. If you are interested and you want to know how to gain more then wait for BTC to rise up while earning more BTC. It also depends if you need the money now. Although if I were you, I would wait the price to rise up before cashing it out
It depends on you. If you need money, you have to cash it out now to avoid loses. But if you are ready to take risk, you may invest it. You must remember that like any other investments, the price of bitcoin might drastically crash. But still, it also have the potential to shoot up. So it is really up to you.
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 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?
Let it ride. Don't settle for a $500 payout. Just wait for it to gain more value until 2018 because bitcoin's price is gaining little by little. Even if the gains are quite slow, rest assured you are gaining money without having to work for it. So better just hold the 0.03.
It's up too you if you want to cash it ou then go cash it out. if you want to make it grow then try to invest it. 0.3 for me is a large amount in my country if I were you i will make it grow. If i make some profit in that bitcoin. then i will cash out only my profit, then the remaining 0.3 i will make it grow again.
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 .03 give your friend?you just start now trading with bitcoin. I think your bitcoin amount day by day up and you can earn money.so start now. 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?
With the amount of 0.3 bitcoin, you can do quite a lot of work to help increase it many times for your friend. Because 0.3 bitcoin is a relatively large amount for you to invest. With 0.3 bitcoin I think you can tradecoin with every 0.1 bitcoin command, just each command has a profit margin of 20% that you have raised your capital to a lot, you should leave 0.2 bitcoin to execute DCA if the coin you invest is discounted, it's a way to reduce your risk and preserve your capital.
Buy alt coins, invest in cloud mining. But before you do that, try to research first. It will be hard to understand at first but you will get used to it. Make sure that the site, app or any program you use is legit or paying. You can search or ask here in the forun.
I think you should be grateful and say something like “thank you” to him since he/she gave you a .03 BTC and you know what .03 BTC is a huge amount;
that you can use to start some investment to secure your future or make the market value increase and become financial stable.
that you can use to start some investment to secure your future or make the market value increase and become financial stable.
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?
the best way for you to do is invest that bitcoin for the good and better life so you can save and earn for investing that little bitcoin to become big i hope that you will gonna success for it. 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?
if it's me who have 0.03 BTC with capital this line I will buy altcoin which if good and cheap so if Altcoin price that I buy it go up I get profit and I will split my capital again to buy Altcoin again so capital will keep moving and growing more many.My suggestion if you want to spin your capital to buy Altcoin please look for Altcoin which is good for investment and trusted aspect. Since Altcoin a lot out there is a Scam.
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