I stll don't know what to do with my Bitcoins... - page 9.

coinholic

full member

Activity: 518

Merit: 101

Quote from: Mjuke on September 30, 2017, 05:50:05 AM

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?

Bitcoin is more of an investment wherein you let its value hit the roof then exchange it for fiat. Its use is very limited in the real world compared to fiat which is used for all kinds of tradings and transactions. To fully utilize its value, BTC must be converted into fiat. And this is actually the goal or reason for most who's into Bitcoin.

cng-

newbie

Activity: 23

Merit: 0

1) hodl
2) "invest" in ICOs
3) gamble with it
4) bankroll casinos with it
5) lend it out at margin exchanges

DoublerHunter

hero member

Activity: 2590

Merit: 644

You can diversify your bitcoins into different altcoins in the market where you can make your investment in bitcoin as an investment again in different kind of altcoins because they are also fast growing and they can easily give you profit once their prices pump. If you will choose the good coins for an investment then you will earn not only in bitcoin but also in altcoins.

Mazda17

full member

Activity: 392

Merit: 101

Quote from: Chrystora123 on September 30, 2017, 06:43:35 AM

what are you serious ?, you can trade your Bitcoin into cash, if you need it, and of course you can make it into investment, you're a collection now and then you sell it 3 or 7 years ahead ..

If you are serious about the business then you can sell it (coins you have) as long as you can profit and also can invest whenever you want. You do not have much thought how and what you should do with the bitcoin, you just look for solutions and opinions from many people, then you can act further in the future.

Sadlife

sr. member

Activity: 1400

Merit: 269

The problem is actually quite simple in fact i have this same problem and immediately solve it. The answer and the way to use your bitcoins in to convert it to fiat im sure that there some exchanges that lets you convert cryoto currency to your fiat depending on the country. In the US people has coinbase, bittrex, etc. In japan they legalize bitcoin and you withdraw it in exchanges or wallet providers. You just have to search what wallet providers or exchanges that supports your country.

colvis

full member

Activity: 378

Merit: 101

you are not the only facing the issue, but if you are finding it difficult to make use of your bitcoin you can equally change it to your local currency by selling it to those who need it, by so doing you will be able to make use of the money and settle your needs.

Cocobrayy

sr. member

Activity: 322

Merit: 250

Quote from: Mjuke on September 30, 2017, 05:50:05 AM

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?

Indeed with fiat money we can be free to buy anything in our country, but with bitcoin online makes us easier in transactions. because we do not have to bother coming and ordering goods in stores or elsewhere. You just sit sweet while waiting for an order at home.

Cloud27

full member

Activity: 210

Merit: 100

Be a tourist, why not travel the world and see the best tourist destination. Search and study the country if they are accepting the bitcoin for payment. You can buy anything you wanted like jewelries, paintings and other things that are valued as an investment.

nejibens

hero member

Activity: 672

Merit: 500

I think your best decision will be holding your bitcoins into your secured wallet for long period, or at least till the price go up again highly. This way you make a good profit with lowest risk

naira

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Free Crypto Faucet in Trustdice

Quote from: aryaadikariyansyahsuwarto on September 30, 2017, 06:28:50 PM

it certainly can not, not just in your country, other countries are also like that, nobody has received payment with media btc. while bitcoin is still questionable to its legal. I also if I get bitcoin I would exchange to the official currency first, then after that I spend everyday needs.

That's if we want to use bitcoin in everyday life, exchange bitcoin into fiat is the right choice
But if you have bitcoin and want to use it, use your bitcoin by investing or trading

aryaadikariyansyahsuwarto

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Activity: 714

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This Is Promissing Project

it certainly can not, not just in your country, other countries are also like that, nobody has received payment with media btc. while bitcoin is still questionable to its legal. I also if I get bitcoin I would exchange to the official currency first, then after that I spend everyday needs.

cpfreeplz

legendary

Activity: 966

Merit: 1042

It's a new currency. Why would you think everywhere you live would accept something that they have either never heard of or they just don't know much about? You just need to educate people more on what bitcoins are.

Melquart

full member

Activity: 168

Merit: 100

For me i'm holding it for near future (i hope). In the end only fiat matters now.

Casdinyard

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Activity: 2184

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Leading Crypto Sports Betting and Casino Platform

Quote from: Mjuke on September 30, 2017, 05:50:05 AM

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?

You can donate your bitcoin to us. Grin

kidding!
Seriously, I can tell that bitcoin in your country isn't yet legal that's why you can't spend your bitcoin to whatever you want. But honestly, here in my country bitcoin isn't also legal but we can convert our coins into fiat and buy these and those. Maybe you can ask your local bitcoin group if there's a local exchange so you can convert it to fiat. I'm sure there's one.

loopes

sr. member

Activity: 952

Merit: 323

Quote from: Mjuke on September 30, 2017, 05:50:05 AM

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?

you are not alone dude, that's still a development of people to fix then we could use our bitcoin to buy / pay something in physical store and restaurants etc. recently i heard that some projects on going to launch to make bitcoin 's users easier while want to use it for buy / pay physical goods also pay restaurant bills as well.

on South east asia, it is already implemented in some region. the project regarding this case offer fast transaction with cryptocurrency at physical stores. also enable someone to buy/sell cryptocurrency with fiat at physical stores by real time.

IIIIIIIII#VIP#IIIIIIIII

full member

Activity: 686

Merit: 100

Quote from: Mjuke on September 30, 2017, 05:50:05 AM

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 keep them to yourself and do not worry about anything. in a few years the cost of bitcoin will increase many times and you will be glad that they have left in your pocket.

feiss

full member

Activity: 155

Merit: 100

If you still don't know what to do with your bitcoin then you saved them in your future or you can just hold them in your wallet and if the time comes when you needed money , you will be thankful that you saved it and not too difficult for you to earn money because you already saved for yourself by means of holding bitcoin. That's also up to you what will you do to your bitcoins.

FasTroy

sr. member

Activity: 434

Merit: 250

There is a lot of things you can do with your bitcoins, As we know bitcoin will be more powerful in the future and the price will increase a lot, so the best thing about that is the investment. It works well, when we talk about bitcoin.
There is a lot of good domains, you can invest on them, for exemple in some casinos or maybe trading, I think that trading is best because with it you can earn a huge amount, you just need to build your knowledge about that.

Mooneater

newbie

Activity: 10

Merit: 0

Well first of all you could start saving them or investing them in other things like in other coins or in other investments like wall street actually you can make money out of everything you should just learn and see what the possibillities are.

Sasuke102001

full member

Activity: 280

Merit: 111

Bitcoin is good for long-term investment and most probably you are going to make a profit out of it so just save them for now if you cannot make sure what you want to do with them. If you want to make more profit and you have an experience about gambling then go for it, if you don't just save your bitccoins and wait for the prices to go even higher and enjoy the profit.

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