Idea needed for my situation - page 5.

Findingnemo

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Quote from: monalia on May 10, 2019, 02:35:16 PM

I have around 5k+ USD worth of bitcoins and ethereum in my personal wallet. I have some financial commitments in next 2 months, so I want to utilize this money make it as something higher that amount I am holding.

I am planning to take that fund to binance and convert half of the bitcoins as USDT and half portion as BNB?
Will it be work bigger in some weeks or months? Then deposit and withdraw are suspended on Binance, so which exchange will be I need to choose to do the same idea above!

Please give me the best suggestion which you feel good for my situation.

Keeping bitcoin as it is,seems best option for me since the price of bitcoin turns out to be bullish ad BNB also turns into red after that hack attack so you are not going to get any benefits from converting those coins.

Hamphser

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Quote from: Haunebu on May 11, 2019, 07:14:28 AM

Quote from: hugeblack on May 11, 2019, 05:09:41 AM

Quote from: monalia on May 10, 2019, 02:35:16 PM

I am planning to take that fund to binance and convert half of the bitcoins as USDT and half portion as BNB?

Bitcoin price has gone up wildly for the past few days, but I do not expect to get more than $ 7,000 over the next two months. I might be wrong, but that's my guess.
If I has that amount (5000,) I will move this coins to Binance account (will be safe with less than 2 BTC limit,) exchange 50% of that amount to USDT (or any stable coin), Hodling 20% as BTC, 10% BCH, 10% ETH and 10% traing of some Shitcoins.

10% in shitcoins? I would not invest a single penny into shitcoins since I don't expect them to suddenly rise in value like in 2017 which was a once in a blue moon type of event.

I would simply HODL my BTC in my hardware wallet(Would not leave it on an exchange) and would wait for it to continue rising in the long term and sell when a specific target is reached.

We should really prefer on this way rather than making some careless move.Instead of earning profits you will just lost that money.It would be more ideal
if we just simply hold our bitcoins and wait up for price increase.It might not give you the profit where op is targeting but atleast you would see some gains.
If it isnt enough then get some loan from others if you do have this last resort.

pey

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No one can give you an advice, the best you can do right now is probably doing nothing if you don't know what to do, or you should play with half of the your coins and keep holding the rest.

Haunebu

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Quote from: hugeblack on May 11, 2019, 05:09:41 AM

Quote from: monalia on May 10, 2019, 02:35:16 PM

I am planning to take that fund to binance and convert half of the bitcoins as USDT and half portion as BNB?

Bitcoin price has gone up wildly for the past few days, but I do not expect to get more than $ 7,000 over the next two months. I might be wrong, but that's my guess.
If I has that amount (5000,) I will move this coins to Binance account (will be safe with less than 2 BTC limit,) exchange 50% of that amount to USDT (or any stable coin), Hodling 20% as BTC, 10% BCH, 10% ETH and 10% traing of some Shitcoins.

10% in shitcoins? I would not invest a single penny into shitcoins since I don't expect them to suddenly rise in value like in 2017 which was a once in a blue moon type of event.

I would simply HODL my BTC in my hardware wallet(Would not leave it on an exchange) and would wait for it to continue rising in the long term and sell when a specific target is reached.

hugeblack

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Quote from: monalia on May 10, 2019, 02:35:16 PM

I am planning to take that fund to binance and convert half of the bitcoins as USDT and half portion as BNB?

Bitcoin price has gone up wildly for the past few days, but I do not expect to get more than $ 7,000 over the next two months. I might be wrong, but that's my guess.
If I has that amount (5000,) I will move this coins to Binance account (will be safe with less than 2 BTC limit,) exchange 50% of that amount to USDT (or any stable coin), Hodling 20% as BTC, 10% BCH, 10% ETH and 10% traing of some Shitcoins.

Ailmand

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Quote from: monalia on May 10, 2019, 02:35:16 PM

I have around 5k+ USD worth of bitcoins and ethereum in my personal wallet. I have some financial commitments in next 2 months, so I want to utilize this money make it as something higher that amount I am holding.

I am planning to take that fund to binance and convert half of the bitcoins as USDT and half portion as BNB?
Will it be work bigger in some weeks or months? Then deposit and withdraw are suspended on Binance, so which exchange will be I need to choose to do the same idea above!

Please give me the best suggestion which you feel good for my situation.

Nobody knows what will the price be. You have a financial obligation in the next 2 months, which means that is not your spare money. It is not a good idea to gamble your money in trading. Use only the amount you are willing to spare and lose, trading does not assure profit.

Indrawan77

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I don't suggest you to do trading with your needed money, the market is very unpredictable, bitcoin eth, bnb is a great choice of coins but we can't predict whether you can get profit or not in the next two months, for me it's too risky to try to trade with that short moment

Altero

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Quote from: monalia on May 10, 2019, 02:35:16 PM

I have around 5k+ USD worth of bitcoins and ethereum in my personal wallet. I have some financial commitments in next 2 months, so I want to utilize this money make it as something higher that amount I am holding.

I am planning to take that fund to binance and convert half of the bitcoins as USDT and half portion as BNB?
Will it be work bigger in some weeks or months? Then deposit and withdraw are suspended on Binance, so which exchange will be I need to choose to do the same idea above!

Please give me the best suggestion which you feel good for my situation.

a little bit challenge for you this time since Binance have a big issues needs to respond immediately and causing delays to start in trading will make you short at your target. You have other option, used another exchange instead of waiting for Binance to be back into their normal operation.

Hope it will help you mate.

traderethereum

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Quote from: monalia on May 10, 2019, 02:35:16 PM

I have around 5k+ USD worth of bitcoins and ethereum in my personal wallet. I have some financial commitments in next 2 months, so I want to utilize this money make it as something higher that amount I am holding.

I am planning to take that fund to binance and convert half of the bitcoins as USDT and half portion as BNB?
Will it be work bigger in some weeks or months? Then deposit and withdraw are suspended on Binance, so which exchange will be I need to choose to do the same idea above!

Please give me the best suggestion which you feel good for my situation.

First, that is just a suggestion from us, and I don't think that there is the best suggestion from us because it's all up to you to decide.

How if you divide the bitcoin from the converting half of the bitcoin as USDT into two parts?
One part still stay at bitcoin, and the other parts convert as USDT, so you still have bitcoin especially if there is a big jump in the next month, and you can sell another half of bitcoin you have into USDT.
The next half portion in BNB will be a good choice since I think that coin will be increased in the next month or the future.
You can hope your balance will bigger in the next months if the market is back to the higher price.
But if it's not, then you could be patient until the market can change into the bull market.
Why are the deposit and withdraw suspended on Binance? I think Binance won't suspend deposit and withdraw because of the hack news and I think they still allow us to do that.
That is a suggestion from me, and you still need to research what will work for you.

adzino

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Quote from: monalia on May 10, 2019, 02:35:16 PM

I have around 5k+ USD worth of bitcoins and ethereum in my personal wallet. I have some financial commitments in next 2 months, so I want to utilize this money make it as something higher that amount I am holding.

I am planning to take that fund to binance and convert half of the bitcoins as USDT and half portion as BNB?
Will it be work bigger in some weeks or months? Then deposit and withdraw are suspended on Binance, so which exchange will be I need to choose to do the same idea above!

Please give me the best suggestion which you feel good for my situation.

Don't ask for peoples suggestion when it comes to your own financial matters. You know you financial situation better than anyone else. You just need to make proper decision by yourself based on present and past experience.
Remember, you said you want to make you want "higher" amount than you are currently holding within next two. Just investing on a coin for a short term and sitting back won't help you in this case.

rijaljun

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Quote from: monalia on May 10, 2019, 03:19:40 PM

Please read my question above thoroughly and reply then bro.

Hope you did not go through my OP as well as last reply. I want to know the strategy to solve the present condition. So looking for a suggestion. I do not want to start as a trader. Just for the click of time, I want to utilize it wisely and make money. Please share your idea accorinding to that .

I didn't understand what your "make money" means clearly if it's not about trading. Oh, you want to buy dumped coins to hold and make money from there? Then USDT or any stable coins are not the options. For BNB I don't think it's good, not because there was a hack issue. BNB is losing its price since last IEO, I'm afraid it will be losing its value continuously but If you can see there will be more IEO on Binance then perhaps this coin have potential to increase in price.

I still believe BTC is the only option for you to make money if you are not an active trader.

Oilacris

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Quote from: monalia on May 10, 2019, 02:35:16 PM

I have around 5k+ USD worth of bitcoins and ethereum in my personal wallet. I have some financial commitments in next 2 months, so I want to utilize this money make it as something higher that amount I am holding.

I am planning to take that fund to binance and convert half of the bitcoins as USDT and half portion as BNB?
Will it be work bigger in some weeks or months? Then deposit and withdraw are suspended on Binance, so which exchange will be I need to choose to do the same idea above!

Please give me the best suggestion which you feel good for my situation.

Why considering stable coins yet these arent volatile ones for you to include this into your option? For BNB then i dont see it would be ideal to convert into this coin due to

current issue of Binance hack.If your coins do sit on BTC and etherium then it would be more wiser if you do just sit it there and nothing you would gonna do.Just wait for the price recovery
which is more wiser and practical rather than risking yourself on doing trading if you are completely newbie.

monalia

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Quote from: rijaljun on May 10, 2019, 03:06:34 PM

Quote from: monalia on May 10, 2019, 02:35:16 PM

I have around 5k+ USD worth of bitcoins and ethereum in my personal wallet. I have some financial commitments in next 2 months, so I want to utilize this money make it as something higher that amount I am holding.

I am planning to take that fund to binance and convert half of the bitcoins as USDT and half portion as BNB?
Will it be work bigger in some weeks or months? Then deposit and withdraw are suspended on Binance, so which exchange will be I need to choose to do the same idea above!

Please give me the best suggestion which you feel good for my situation.

If you want to learn how to make money from trading, you don't need that much to start. $1000 is enough to start and keep the rest on your personal wallet (make sure most portion must be BTC). Then just buy some potential altcoins with your $1000 funds (BTC, USDT, ETH or BNB). I prefer to only trade BTC pairs and ignore other pairs (USDT, ETH, BNB) in order to only multiply my Bitcoin. Start to buy 1-2 potential altcoins ($250 each and let the rest $500 in BTC) and wait the price to increase before you sell them. How to know a coin will increase in price? There are a lot videos and articles about how to choose potential coins, how to start trading, just learn from them. Done.

Got profit from it? Congrats for your first trading profit! find the right coin again to buy with same amount.
Your coins dropped? Learn more about picking potential coins + learn about portofolio management on internet (a lots of articles and videos there, I'm sure)

Do it for like a month and always learn from your mistakes and learn additional tips from internet, next month I'm sure you would become a better trader (just never think you are an expert so you can always learn new things)

Please read my question above thoroughly and reply then bro.

Hope you did not go through my OP as well as last reply. I want to know the strategy to solve the present condition. So looking for a suggestion. I do not want to start as a trader. Just for the click of time, I want to utilize it wisely and make money. Please share your idea accorinding to that .

rijaljun

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Quote from: monalia on May 10, 2019, 02:35:16 PM

I have around 5k+ USD worth of bitcoins and ethereum in my personal wallet. I have some financial commitments in next 2 months, so I want to utilize this money make it as something higher that amount I am holding.

I am planning to take that fund to binance and convert half of the bitcoins as USDT and half portion as BNB?
Will it be work bigger in some weeks or months? Then deposit and withdraw are suspended on Binance, so which exchange will be I need to choose to do the same idea above!

Please give me the best suggestion which you feel good for my situation.

If you want to learn how to make money from trading, you don't need that much to start. $1000 is enough to start and keep the rest on your personal wallet (make sure most portion must be BTC). Then just buy some potential altcoins with your $1000 funds (BTC, USDT, ETH or BNB). I prefer to only trade BTC pairs and ignore other pairs (USDT, ETH, BNB) in order to only multiply my Bitcoin. Start to buy 1-2 potential altcoins ($250 each and let the rest $500 in BTC) and wait the price to increase before you sell them. How to know a coin will increase in price? There are a lot videos and articles about how to choose potential coins, how to start trading, just learn from them. Done.

Got profit from it? Congrats for your first trading profit! find the right coin again to buy with same amount.
Your coins dropped? Learn more about picking potential coins + learn about portofolio management on internet (a lots of articles and videos there, I'm sure)

Do it for like a month and always learn from your mistakes and learn additional tips from internet, next month I'm sure you would become a better trader (just never think you are an expert so you can always learn new things)

monalia

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Quote from: BitcoinGirl.Club on May 10, 2019, 02:38:23 PM

Quote from: monalia on May 10, 2019, 02:35:16 PM

I have around 5k+ USD worth of bitcoins and ethereum in my personal wallet. I have some financial commitments in next 2 months, so I want to utilize this money make it as something higher that amount I am holding.

I am planning to take that fund to binance and convert half of the bitcoins as USDT and half portion as BNB?
Will it be work bigger in some weeks or months? Then deposit and withdraw are suspended on Binance, so which exchange will be I need to choose to do the same idea above!

Please give me the best suggestion which you feel good for my situation.

Unless you know possibly everything about trading, do not step into it. I have lost half of my bitcoins because I was an uneducated trader. Since then I am hodling my bitcoins.

My suggestion is to hodl unless you are very sure about doing anything else with it.

Edit:
Also spend sometimes on Wall Observer BTC/USD - Bitcoin price movement tracking & discussion. I can assure you that you will learn a lot about bitcions however I can not guarantee you that you will not hear about some NSFW terms and graphics. Such as:
Green dildo
Hot sexy girls
fake tits
buttocks
Liverpool (not NSFW but you will hear about it a lot when Liverpool will face Tottenham in the CL final)
sex

I can't remember anymore. Getting too old LOL

Hope you take me wrong as i want start my trading experience. Naah not that here bro.

Actually some construction works going here, so I want to utlize the fund wisely so I am looking to exchange it for best coins which dumped and stable coins.
I have shared my idea above bro. I wanna know whether it will work or not, else you may share best coins you feel. I will not pick that also blindly, I will closely monitor suggested coins for few days then only i go to invest to that bro. So no hesitation suggestions welcome!

xvids

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Quote from: BitcoinGirl.Club on May 10, 2019, 02:38:23 PM

Quote from: monalia on May 10, 2019, 02:35:16 PM

I have around 5k+ USD worth of bitcoins and ethereum in my personal wallet. I have some financial commitments in next 2 months, so I want to utilize this money make it as something higher that amount I am holding.

I am planning to take that fund to binance and convert half of the bitcoins as USDT and half portion as BNB?
Will it be work bigger in some weeks or months? Then deposit and withdraw are suspended on Binance, so which exchange will be I need to choose to do the same idea above!

Please give me the best suggestion which you feel good for my situation.

Unless you know possibly everything about trading, do not step into it. I have lost half of my bitcoins because I was an uneducated trader. Since then I am hodling my bitcoins.

My suggestion is to hodl unless you are very sure about doing anything else with it.

Edit:
Also spend sometimes on Wall Observer BTC/USD - Bitcoin price movement tracking & discussion. I can assure you that you will learn a lot about bitcions however I can not guarantee you that you will not hear about some NSFW teams and graphics. Such as:
Green dildo
Hot sexy girls
fake tits
buttocks
Liverpool
sex

I can't remember anymore. Getting too old LOL

I agree you could just lose more in trading if you couldn't do it properly.
I suggest that you should take some time to think about it and learn some tips on trading.
There are so many trusted exchange not just binance .

BitcoinGirl.Club

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Quote from: monalia on May 10, 2019, 02:35:16 PM

I have around 5k+ USD worth of bitcoins and ethereum in my personal wallet. I have some financial commitments in next 2 months, so I want to utilize this money make it as something higher that amount I am holding.

I am planning to take that fund to binance and convert half of the bitcoins as USDT and half portion as BNB?
Will it be work bigger in some weeks or months? Then deposit and withdraw are suspended on Binance, so which exchange will be I need to choose to do the same idea above!

Please give me the best suggestion which you feel good for my situation.

Unless you know possibly everything about trading, do not step into it. I have lost half of my bitcoins because I was an uneducated trader. Since then I am hodling my bitcoins.

My suggestion is to hodl unless you are very sure about doing anything else with it.

Edit:
Also spend sometimes on Wall Observer BTC/USD - Bitcoin price movement tracking & discussion. I can assure you that you will learn a lot about bitcions however I can not guarantee you that you will not hear about some NSFW terms and graphics. Such as:
Green dildo
Hot sexy girls
fake tits
buttocks
Liverpool (not NSFW but you will hear about it a lot when Liverpool will face Tottenham in the CL final)
sex

I can't remember anymore. Getting too old LOL

monalia

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Merit: 14

I have around 5k+ USD worth of bitcoins and ethereum in my personal wallet. I have some financial commitments in next 2 months, so I want to utilize this money make it as something higher that amount I am holding.

I am planning to take that fund to binance and convert half of the bitcoins as USDT and half portion as BNB?
Will it be work bigger in some weeks or months? Then deposit and withdraw are suspended on Binance, so which exchange will be I need to choose to do the same idea above!

Please give me the best suggestion which you feel good for my situation.

Topic: Idea needed for my situation - page 5. (Read 993 times)