Topic: Could use an advice 2BTC/Month - page 2. (Read 3318 times)

hypertrade altcoins with C.A.T.

I don't know nothing for shore about the future price, but with the present data (mainly, the breach of the 380 support on bitstamp and a major lower low at 339) and fundamental terms (serious problems on China; risk of sell pressure from the liquidation of Gox), it's much riskier to keep bitcoins than to sell them.

In doubt, you can always sell only a part of them.

On alt coins, with few exceptions, most of them rise more than bitcoin in good times and drop more than bitcoin when bitcoin drops, therefore, they are even riskier than bitcoin.

spread your money into different, at least 4 positions, but not immediately. to find the right ones you can take time like 3 - 6 months. go for at least 20% a year.

keep a quarter to a half in dollar:
bitfinex offering dollar swaps 20% a year. insured obligations. 100% secure or better go for

https://bitcoin-trader.biz/?ref=johny08 offer 15 % a month(!) trading shares and they are secure. Trading history for over half a year and sponsor of big bitcoin events. investing and absolutely no work for you.

keep a quarter in bitcoin cash

and go for a half for altcoins or what ever risky, less risky...., mining.

Avoid more or less cryptostocks or havelockinvestments thats more or less money buffet for amateur scammers, but you can find there also pearls. but however very very risky and has to be monitored almost every day.

Spend some, keep some, invest some in other things and use some to take a really nice vacation.

Just stack them up, if I was making that much I would gamble aswell ahahah

Somewhat hedge yourself. If your producing 2 BTC monthly throw one in cold storage to grow in value then cashout/invest portions of the other in different alt coins or to increase your current hash rate and keep growing!

Why should i care about the 2 minute blocks or the support? keeping them now and selling them later when their value is higher that is what i'm looking for.
porbable ill keep BTC as is, with some exchanges to VTC.

Horde your BTC, keep some in a cold wallet and some in a hot wallet. Trade altcoins if you're also looking to take some risks with possibility of high reward. I would suggest also holding some litcoins and dogecoins. Litecoins due to the 2 minute blocks and good support, dogecoin due to the huge support in the computer geek/social media, I believe dogecoin users actually do a pretty damn good job of promoting their coin.

BTC would be the best. They'll rise despite the recent falls.

Depends on your situation and your appetite for risk.  If you don't need the money and aren't afraid of risk, hold all of it.  If you don't need the money and are okay with some risk, sell 1 BTC, save 1 BTC.  If you hate risk, sell every month.

Buy btc and keep them.

Thanks for the help guys

i will save my coins, the question is which coin would you save these times?

1.0 BTC vs 500 VTC vs other coin?

-----Also------

how secure is Cryptsy? i heard they store most of the wallets offline.
what cloud wallets+exchanges do you recommend

btc is excellent reserve, since the gov can't seize it and its history of big rises year after year, and you can pay, in some cases, directly with bitcoins

other options is trade in exchanges

I'd strongly advice you to hold your coins. Store them in an offline wallet and make multiple backups.  Don't invest in any cryptos like Dogecoin, you will lose all your money in those pump-and-dump types.

Theres a credit card for gold that does that.   You hold in bullion and only switch to cash just before payment, but that is for the big spenders I think and also usa tax laws prohibit use of gold without taxes .

They are trying to do the same thing with btc to keep power with fed and their qe I guess.


On alt coins I like blackcoin as its coins are now capped, its almost instant payment and the network upkeep is very low which should allow greater participation/distribution by just about anybody vs the bitcoin experience where most blocks are formed at just 100 locations?    Who knows which coins will do best, as every good idea must be tested by the worst and best elements of society before we can know if its truely useful and durable.  I'd have at least some in that, never all in one thing.

The basic scrypt coins are going to pivot on the new asic scrypt available for them which depends on your view if this is positive or not.   If it lowers costs of the network and improves security from  exploitation then I guess coin value should rise.      Doge is mostly about involving large amounts of people, its just a copy of ltc otherwise.   I dont see the average reddit user buying special asic for it so they will effectively be paying farms and asic developers for their work.   I wont keep any of that.
VTC goes the opposite way and its difficult to mine, Im not holding it especially but I dont know about work done by the devs either

Keep them, diversify in small, but btc should be core holding

Looking at past bubbles, altcoins have risen a lot more than BTC. The best way to handle that is to diversify as always. Handpick them. VTC is one of them, there are others.

Maybe you can just hold it for about one or two years ?

If anyone has heard there is a new debit card coming by the end of june that will allow us to instantly turn bitcoin to cash and pay on the spot for something in bitcoin anywhere. buy gas, shoes, watches, pay your mortgage. whatever it may be. so cool

I would hold most of it, but find places to spend it too. The way the Bitcoin economy will grow is when it's used. If you need a part for your computer use TigerDirect, if you're going out to eat find a nearby restaurant that accepts Bitcoin, donate some to charities that you like. And if your favorite charity or business doesn't accept it, ask them to.

I think Bitcoin will dominate. At least for the next few years - especially if side-chains are integrated.