Are you holding your bitcoin for a price increase? - page 144.

jethrorn99

full member

Activity: 224

Merit: 100

Quote from: jmintuck02 on January 04, 2016, 11:24:41 AM

I am holding some for price increase and I spend a few. I just spend a few and make a few mining. I sell altcoins that I mine

and convert that to BTC. Then I split profits, most times and spend a little, never on gambling, though. Gambling is a no-go for

me.

Is mining altcoin profitable? or just if you have the mining hardware?

Never gamble man, better earn your money by working on it than using luck to multiply it.

goinmerry

legendary

Activity: 2940

Merit: 1083

Quote from: jmintuck02 on January 04, 2016, 11:24:41 AM

I am holding some for price increase and I spend a few. I just spend a few and make a few mining. I sell altcoins that I mine

and convert that to BTC. Then I split profits, most times and spend a little, never on gambling, though. Gambling is a no-go for

me.

Gambling will make you broke. Yeah always on the losing side.

I think you are a pro regarding trading altcoins. Split profits? Huh

I am still newbie regarding this kind of things. I wanna know more but my only mentor is google which is sometimes not enough.

davinchi

legendary

Activity: 2100

Merit: 1058

Quote from: jmintuck02 on January 04, 2016, 11:24:41 AM

I am holding some for price increase and I spend a few. I just spend a few and make a few mining. I sell altcoins that I mine

and convert that to BTC. Then I split profits, most times and spend a little, never on gambling, though. Gambling is a no-go for

me.

It's not about gambling but whether you strongly believe that the price will increase and that's the reason you are holding the bitcoins. I am holding my bitcoins so that I can sell them after halving at whatever rate it is if I believe it's profitable for me. I wanted to try mining altcoins but don't know what's the profit margin I should set. How much do you make by mining?

Supercrypt

legendary

Activity: 1554

Merit: 1054

Quote from: crazyivan on January 04, 2016, 08:48:59 AM

I try to accumulate as more as possible. I go by that idea even 0.1 BTC can be worth $50 in a year or two. So every single satoshi counts towards the final goal, financial independence.

It's worth holding your funds if you have over 1 BTC atleast as if the price is $430 and a year later the price is $600-$800. For small amounts, it is better to wait for a month or so as the profit margin also is very less and fiat cash is always preferred.

MTBTT

hero member

Activity: 504

Merit: 500

Quote from: Daijess on January 02, 2016, 11:44:39 PM

Me personally, I am doing both. I am using coins(not every day or anything) to buy certain things I like, or entertainment purchases. I am also saving my coins, hoping for the chance that Bitcoins will rise in value to the point where I could quit my job:)

the same as I do it seems like we've done our best, I use bitcoin for other purposes such as purchasing an item, and save the other as an investment as well

jmintuck02

full member

Activity: 182

Merit: 100

★Bitvest.io★ Play Plinko or Invest!

I am holding some for price increase and I spend a few. I just spend a few and make a few mining. I sell altcoins that I mine

and convert that to BTC. Then I split profits, most times and spend a little, never on gambling, though. Gambling is a no-go for

me.

harizen

legendary

Activity: 3122

Merit: 1398

For support ➡️ help.bc.game

And with lots of rumors of having such a high bitcoin price thru the effect of bitcoin halving, true or not that it will happen, holding coins will give you benefit. Much better too if you always increase your hold coins. Better to act than regret later.

crazyivan

legendary

Activity: 1652

Merit: 1007

DMD Diamond Making Money 4+ years! Join us!

I try to accumulate as more as possible. I go by that idea even 0.1 BTC can be worth $50 in a year or two. So every single satoshi counts towards the final goal, financial independence.

chaser15

legendary

Activity: 2688

Merit: 1065

Undeads.com - P2E Runner Game

Quote from: goinmerry on January 04, 2016, 02:13:44 AM

Quote from: kevin go on January 03, 2016, 12:44:48 AM

Yap im holding to sell it at high price...and im sure it grow high...cheers

It will, in time. We just have to wait for it. Some still think that it will not come all the way up. But we as bitcoin holders still hopes for that day that we rise.

Yes it will rise soon so while halving approaches, let's accumulate coins whatever ways we know to take advantage of that event that will lead to price boost that we will noticed after that.

goinmerry

legendary

Activity: 2940

Merit: 1083

Quote from: kevin go on January 03, 2016, 12:44:48 AM

Yap im holding to sell it at high price...and im sure it grow high...cheers

It will, in time. We just have to wait for it. Some still think that it will not come all the way up. But we as bitcoin holders still hopes for that day that we rise.

Whosdaddy

hero member

Activity: 1148

Merit: 527

Quote from: ShrykeZ on January 03, 2016, 12:09:23 AM

Just trying to accumulate more, don't intend to cash out for fiat for a very long time if ever depending on how Bitcoin develops.

I believe in short-term itself we can get more profit by holding out bitcoins. Many people here are saying in long-term only bitcoin will get more profits. I can say the many new business accepting bitcoin now a days. And moreover the upcoming halving must be another reason, I'm aiming for the price raise. Bitcoin will get five fold returns in next six month as per my prediction.

Bazelak

full member

Activity: 221

Merit: 100

Quote from: ShrykeZ on January 03, 2016, 12:09:23 AM

Just trying to accumulate more, don't intend to cash out for fiat for a very long time if ever depending on how Bitcoin develops.

I will also accumulate more. I will not cash out for fiat, but I will use some of my bitcoins now and then.

rickadone

legendary

Activity: 1176

Merit: 1024

Quote from: kevin go on January 03, 2016, 12:44:48 AM

Yap im holding to sell it at high price...and im sure it grow high...cheers

I'm also. Because I do not have other options with my little bitcoins. So, I let my bitcoins to sit ideally in my wallet. It may grow in value over time as everyone here is expecting.

kevin go

full member

Activity: 238

Merit: 100

Yap im holding to sell it at high price...and im sure it grow high...cheers

ShrykeZ

hero member

Activity: 630

Merit: 500

Just trying to accumulate more, don't intend to cash out for fiat for a very long time if ever depending on how Bitcoin develops.

Clint

sr. member

Activity: 378

Merit: 250

I'm holding them for an increase in price, because I believe it will rise more. But I still like to spend them online as well. The whole point of having money is to spend it.

Daijess

sr. member

Activity: 241

Merit: 250

Me personally, I am doing both. I am using coins(not every day or anything) to buy certain things I like, or entertainment purchases. I am also saving my coins, hoping for the chance that Bitcoins will rise in value to the point where I could quit my job:)

Palinanv

member

Activity: 70

Merit: 10

I don't know if it's a good time to hold your bitcoins only because this is the time Bitcoin kind of goes stagnant. It won't be rising or dropping that much but I do hope to hold again by the end of January.

xmax

full member

Activity: 131

Merit: 100

I would like to say that I am holding my BTC for price increase, but the sad part about it all is that I do not have any BTC to hold. I end up using all I get as soon as I can earn it. I want to offer a service here, but there are to many people offering a service and everyone is trying to undercut you, so I would make more money on faucets before I actually get a gig.

praprata

sr. member

Activity: 420

Merit: 250

Right now I am holding since I do expect the price of bitcoin to go over 500 usd.
On the long term i got a feeling we will go bak to 1000 usd again.

Being patience is this trading game is key.

Topic: Are you holding your bitcoin for a price increase? - page 144. (Read 247079 times)