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Topic: I stll don't know what to do with my Bitcoins... - page 5. (Read 3091 times)

jr. member
Activity: 199
Merit: 1
Me too, can not count on BTC and wait for it to rise and get profit. I usually sell it over the weekend and get my money to pay for the daily living expenses.
It is hard but profitable bitcoin are difficult to earn as they require much hard work and all that stuff. Things could be in hand if you are going with a strong strategy and you have got a fantastic plan how to use and what to do with profits that is necessary. In your case I think you earned it but couldn’t manage to use it. Be wise in your decision of spending these bitcoin.

full member
Activity: 574
Merit: 139
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 you don't know what to do you can send them to me, i will make good use for them  Grin
Can you exchange bitcoin to your local currency? I bet you can. Exchange it and use money, someone who buys them will use them for something.
newbie
Activity: 7
Merit: 0
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sr. member
Activity: 2030
Merit: 356
If you have bitcoins and sill don't what to do you can sell you bitcoin to any trusted person.  On the other hand you can earn more with these bitcoin via investing and trade. You can trade your bitcoin into cash. There's another option you can exchange your Bitcoin to FIAT. There are a lot of options available, you just need to think what you want to do with your bitcoins.
member
Activity: 173
Merit: 10
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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?
Consider your self lucky if you have bitcoin in your possession. Other people are eager to earn just to get bitcoin. Bitcoin increase its value while fiat is not.
legendary
Activity: 1512
Merit: 1010
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Right now the situation is true but eventually the scenario will happen. Bitcoin and other cryptocurrencies are the best generation currencies which will be used literally as Fiat.
full member
Activity: 420
Merit: 106
You can buy stuff for a online shop who accept bitcoin as a payment and shipped to your country this is a simple solution or maybe convert your bitcoin to the currency that acceptable to your country. So hustle dealing with bitcoin with the country like your country bitcoin are made to make transactions more easier but in your country it is not happening..
hero member
Activity: 994
Merit: 544
if he still don't know what to do with his bitcoin then maybe he can send his bitcoin to me so i can use his bitcoin many things Grin i think you need to know what exactly do you want with your bitcoin so after you get your first bitcoin, you can do to reach your want. like me for example, i want to earn bitcoin to make money. from bitcoin, i convert it into fiat with third party service so i can use the money to buy what i want and i think other people doing the same like me.

This is exactly what I am thinking.  Considering that all of us here wanted bitcoin and have many things or plans we have on our mind, then perhaps he or she should give it to us.  I have many things on my mind.  And all are worthwhile.  If he cannot think on what to do with it, better to just keep it.
hero member
Activity: 1610
Merit: 507
if he still don't know what to do with his bitcoin then maybe he can send his bitcoin to me so i can use his bitcoin many things Grin i think you need to know what exactly do you want with your bitcoin so after you get your first bitcoin, you can do to reach your want. like me for example, i want to earn bitcoin to make money. from bitcoin, i convert it into fiat with third party service so i can use the money to buy what i want and i think other people doing the same like me.
full member
Activity: 126
Merit: 100
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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?

Yes, there are many people including I that run into this problem, and thats the thing with future technology, many don't want to adopt it, but they will have to later. Admit it or not, I do believe bitcoin is one of those things, and it is really the future of currency, a decentralized, fast, secure way to transact, where we are in control of our own money. Maybe there isn't much you can do now, but just let people adopt BTC, realize its importance, and you won't regret getting into btc earlier, as you see its value rise.

And it is rising in value, so you could just convert a part of your investment and store the rest, keep cycling this, buying low and selling high, and you will have quite a worth. And there are lots of retailers starting to accept bitcoin, and you can even buy stuff from amazon using BTC by using gift cards, or websites like purse.io . Dell accepts it, and Uber, Lyft have also started. It is just a matter of time before others follow too.
full member
Activity: 448
Merit: 232
If you are interested in general goods, then buying gift cards with Bitcoin is probably the fastest way to turn a digital currency into a physical product for many users. eGifter and Gyft are the two main players in this space, and they both not only accept Bitcoin, but also offer a reward for its use. Spendbitcoins.com will also help you find thousands of local stores around the world that will take your Bitcoins directly. Gambling with Bitcoin also continues to gain popularity. You can play and win more bitcoins.
legendary
Activity: 1624
Merit: 2481
Basically you can Look at Bitcoin as a different currency.
You can also pay rent, retaurants, ... with BTC. You just have to either find a Store which accepts BTC or exchange it to Fiat.
Besides that you can Invest into BTC and keep them to get profit in future.
hero member
Activity: 994
Merit: 507
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?

Why not then convert your bitcoin to fiat and used to buy anything that you want? Is this another FUD? If you put everything in bitcoin then of course you can't do anything besides looking as the price go up. That's why you need to invest what you can afford. And I'm sure that you are not the one facing this issue, but member here found ways to used bitcoin in every way they can. You said that its keeps raising in value. Do you have a problem seeing your investment grow?

This what I'm thinking really. If you want to use it to pay in restaurant and etc but didn't acceot Bitcoin as mode of payment yet then convert to fiat! Easy as that. Cash it out and leave those who will not use it since, like you said, it is growing in value and a good investment as we know.
sr. member
Activity: 518
Merit: 271
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?
well just keep your bitcoins and wait until the shops accepts bitcoin as payment method although it is kinda slow process but it will eventually all the shops and restaurants accept bitcoin or instead keep yourself amused on bitcoin casinos but dont get addicted
sr. member
Activity: 1162
Merit: 252
convert you bitcoin to cash when needed simple  Grin
full member
Activity: 392
Merit: 101
) I consider bitcoin as a long-term investment funds. For the purpose of receiving benefits in the future) and I advise you to do so!
I agree with your opinion that bitcoin as a long-term investment fund and if bitcoin is a lot that use jsanya or business so many people will not feel sorry with bitcoin business, so do not feel confused with the bitcoin and do not feel confused to sell the coin you have.
jr. member
Activity: 46
Merit: 10
Bitcoin  price is gaining momentum  day by day. It would be better to trade with cautiously  or keep it for long term investment for 3 to 5 years for better returns. Any time you can encash as per your needs. Better add sufficient number of bitcoins in your wallet...Have patience.
full member
Activity: 336
Merit: 100
If you have bitcoins, you can used it to trade or to buy valuable things that satisfies your needs, If nobody recognize bitcoin in your local area, there are banks who accepts bitcoin and exchange it to cash, there's no need to worry about, If you can't decide yet, just hold it and make some research or read more of the things about btc, Im sure you could fetch more ideas out there. ,
sr. member
Activity: 490
Merit: 250
If you mean about using bitcoin in our daily life I think many of us who still can not use bitcoin to make payment in our daily life, including me, even I have never used bitcoin to buy something at online store, because I think using fiat money makes it easier for me to search for items I wanted.
full member
Activity: 448
Merit: 100
You can spend them as you wish. Pay bills or buy anything. Should you think of wise spending of your bitcoins, invest it then to credible companies.
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