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Topic: I stll don't know what to do with my Bitcoins... (Read 3091 times)

full member
Activity: 319
Merit: 100
Besides keeping it to raise in value later. There is not much I can do...

With fiat money, I can pay rent, go to restaurants, buy clothes. But with BTC, there is basically no stores that accept them in my country. Sure it's easier online, but then again the stores might not have the best products or is the cheapest/best value.

Am I the only one facing this issue?
Keeping it is a good idea but investing it is a better idea. Keeping it and wait for the right time is good but if you invest your bitcoin it can doubled your money or it can be tripled.
hero member
Activity: 770
Merit: 500
✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪
Even though there is not as many bitcoin stores, it is not hard to convert bitcoin to cash and just spend it if that is what you want. I have used it to pay for big expenses doing that.
full member
Activity: 434
Merit: 105
The best advise for anyone is to save your bitcoins until you can get set for life and the cash out. No matter if thats 10 years from now.
That's a good things to do,  if you have a bitcoin and you don't know how, much better if you keep holding it because later on it will get more  increase value and be patience wait for the right time, this will bring you a lot of things like money information and the second is trading which is much like the first one which also make you a experience person and you will know all about bitcoin very soon after applying these tips.
sr. member
Activity: 1106
Merit: 250
Vave.com - Crypto Casino
Bitcoin can change your life. You can invest bitcoin for long time. You can trade with bitcoin. bitcoin gives you everything that you need.
full member
Activity: 322
Merit: 100
There are many websites that you can use it. You can also use it in your country's local crypto networks to cash it out or another option you can just hold it at the moment as it is expected to increase more.
member
Activity: 99
Merit: 12
 The best advise for anyone is to save your bitcoins until you can get set for life and the cash out. No matter if thats 10 years from now.
member
Activity: 60
Merit: 10
Because it is too early to think about where to spend the bitcoins. Save them for the future. It will grow in price, which will bring you income, and places where you spend the accumulated will be much more that will give you the opportunity to choose. In the meantime, keep them, let them get stronger. Smiley
sr. member
Activity: 546
Merit: 250
Besides keeping it to raise in value later. There is not much I can do...

With fiat money, I can pay rent, go to restaurants, buy clothes. But with BTC, there is basically no stores that accept them in my country. Sure it's easier online, but then again the stores might not have the best products or is the cheapest/best value.

Am I the only one facing this issue?


I think you are too much trouble yourself. bitcoin is an asset, people will think when they will buy for goods or eat in restaurants. most people are better off spending dollars than having to pay with bitcoin. so what do you think about bitcoin.
sr. member
Activity: 459
Merit: 251
If you still don't know what to do with your bitcoins then you should just hold them and let them grow. Keep buying more when you can and it'll be the best thing you've ever done.
full member
Activity: 224
Merit: 121
Besides keeping it to raise in value later. There is not much I can do...

With fiat money, I can pay rent, go to restaurants, buy clothes. But with BTC, there is basically no stores that accept them in my country. Sure it's easier online, but then again the stores might not have the best products or is the cheapest/best value.

Am I the only one facing this issue?
Keep on earning as long you hard work for it to earn many btc.Save it for future purposes until the value of btc will grow higher your money can be more profitable If you invest it.Or maybe you should withdraw it and save it in the bank for some emergency cases of yours.
full member
Activity: 415
Merit: 100
Besides keeping it to raise in value later. There is not much I can do...

With fiat money, I can pay rent, go to restaurants, buy clothes. But with BTC, there is basically no stores that accept them in my country. Sure it's easier online, but then again the stores might not have the best products or is the cheapest/best value.

Am I the only one facing this issue?

Just save all the bitcoin you can, and if  you need to buy something and if you can't buy any with your bitcoin, the convert your bitcoin to fiat money. There's no need to stress whether what to do with your bitcoin. You should just keep on earning bitcoin as much as you can.

This is the approach that I take, I try my best to keep as much of my money in BTC as I can so that it can grow and will be an even bigger payoff in the future. Of course if people need to draw on their bitcoin holdings to live then they should do so but if they can manage not to then they shouldn't.
full member
Activity: 294
Merit: 102
How bout you convert your btc in fiat i think that's possible or just hold your bitcoin until it hit the peak before you convert it into fiat just be carefull because no one can say if btc is still going to up just observe the market. Its simple you know no need to overthink about this kind of problem..
sr. member
Activity: 700
Merit: 254
Besides keeping it to raise in value later. There is not much I can do...

With fiat money, I can pay rent, go to restaurants, buy clothes. But with BTC, there is basically no stores that accept them in my country. Sure it's easier online, but then again the stores might not have the best products or is the cheapest/best value.

Am I the only one facing this issue?

Just save all the bitcoin you can, and if  you need to buy something and if you can't buy any with your bitcoin, the convert your bitcoin to fiat money. There's no need to stress whether what to do with your bitcoin. You should just keep on earning bitcoin as much as you can.
full member
Activity: 448
Merit: 100
CRYPTOCITIZEN $CCASH
you have to transfer bitcoin to your fiat money.Then you can use it.
member
Activity: 103
Merit: 10
“OPEN GAMING PLATFORM ”
Besides keeping it to raise in value later. There is not much I can do...

With fiat money, I can pay rent, go to restaurants, buy clothes. But with BTC, there is basically no stores that accept them in my country. Sure it's easier online, but then again the stores might not have the best products or is the cheapest/best value.

Am I the only one facing this issue?
If your only problem is that your country doesnt accept bitcoin, you can just convert the bitcoin that you earned into fiat money and buy whatever you want. Like you, my country also doesnt accept bitcoin as a payment thats why i convert my bitcoin first to money. I think the reason why they dont accept bitcoin because it is not well established yet and its not known by many people in a certain country.
sr. member
Activity: 574
Merit: 256
What country are you in? Here we can pay almost anything using our bitcoins including power and hydro bills, order food, buy e-credits—the list goes on and on. If you want to put that bitcoin to use, you can try on getting a debit card and load it with your bitcoins and I'm pretty sure you'll be able to enjoy shopping with it. Also, you can just keep it for the next few months and see if you gain any profit off of it.
There are actually two ways. One is, changing bitcoin into fiat money and spending it on the daily expenditures. Second is that keeping the bitcoin as an investment and earning the profit after sometime when its price rises. It can be used anytime whenever you need.
I think the changing of the bitcoin into fiat will not give you the profit and it will not be the best way to increase your income. The money of the bitcoin is much higher than the other type of the currencies. The income with the bitcoin does not change the other currency so it is the best thing you should do is the investment of your present bitcoin into buying more bitcoin.
full member
Activity: 504
Merit: 102
Besides keeping it to raise in value later. There is not much I can do...

With fiat money, I can pay rent, go to restaurants, buy clothes. But with BTC, there is basically no stores that accept them in my country. Sure it's easier online, but then again the stores might not have the best products or is the cheapest/best value.

Am I the only one facing this issue?

Besides holding, you could try to play with it through trading. But don't use any that you can't afford to lose.
legendary
Activity: 2383
Merit: 1551
dogs are cute.
Besides keeping it to raise in value later. There is not much I can do...

With fiat money, I can pay rent, go to restaurants, buy clothes. But with BTC, there is basically no stores that accept them in my country. Sure it's easier online, but then again the stores might not have the best products or is the cheapest/best value.

Am I the only one facing this issue?
Crypto currency has a improving and evolving market and, you have so many opportunities to explore for, trading, investing in icos, gambling ,so many things are there. Or you can even spend in real life by using a bitcoin debit card, I am not sure on how the technology exactly works, but have heard a great deal about it.
copper member
Activity: 840
Merit: 114
I wonder why you don't just convert your bitcoin into fiat so you can pay your rent and other bills though very few accept bitcoin still it can be use anytime and anywhere besides bitcoin is good as cash you just have to convert them or otherwise hold them as a long term investment surely aftet few more years you will have a good return out of it.
in the presence of your bitcoin can do a variety of things that can be done should you have the cash. bitcoin can be use to pay a few bills every month and you can use also for havin ' fun alone or with your family. bitcoin itself you can use all the time and whenever you need. bitcoin can also make you as savings or long-term investment in order to organize a better life in the future. bitcoin so you can use just about anything.
hero member
Activity: 2590
Merit: 644
For now you can not do many thing offline with bitcoin. But see next future.
Bitcoin such as kind of investment that we can buy cheap and sell it when the price go up for long term.
If online you can do many thing, such as payment without third party.

Then just sit back and hold them. Another year from now should have at least another $1000 increase. Of course, this the time of year that the people make weird and hasty choices and the rumors fly and the markets get a little crazy, but you get the idea.

If you are not sure what to do with bitcoins, just do nothing with them and keep them save.  Smiley


I agree with you, that is the best thing to do with bitcoins if you don't have any idea yet to what to do because you can study first and find out more things about bitcoin and also the opportunities that you can do in order to make your bitcoins move like investing in ICO and doing Trading which one of the most common ways of making more bitcoins in terms of fast progress.
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