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Topic: If i give you 10 BTC what will you do? - page 48. (Read 228970 times)

hero member
Activity: 952
Merit: 500
September 14, 2016, 06:20:40 AM
I would hold'em until the BTC price skyrocket, then I would sell at the peak and buy again when the price lowered. Hold BTC as mutch as I could and don't trade for small price fluctuations.

You lacked the "if" statement. What if it didn't skyrocket, instead it dropped drastically.
What if the price stayed lowered for a long time? What if... All what ifs.
We should watch out for that always.

Holding can be risky if price goes down in future and it will waste your time as you need to hold them again for higher price and no one exactly knows when it will boost up again after falling down.


yah botton line I sell then when it goes bellow 550-500€ to make some fiat. But I really think holding to BTC is the best option.
 

If you don't want to experiment with your coins and if you want to play safe then best choice is to hold them and sell when you see higher price allowing you to make good profits.
Well, for me that is the safest way to do but you need a lot of patience on that matter because we cannot predict when the price of bitcoin will increase or there will be a crisis that will come, if you do panic then end of the game, your investment is gone.
legendary
Activity: 1008
Merit: 1000
September 14, 2016, 05:56:31 AM
I would hold'em until the BTC price skyrocket, then I would sell at the peak and buy again when the price lowered. Hold BTC as mutch as I could and don't trade for small price fluctuations.

You lacked the "if" statement. What if it didn't skyrocket, instead it dropped drastically.
What if the price stayed lowered for a long time? What if... All what ifs.
We should watch out for that always.

Holding can be risky if price goes down in future and it will waste your time as you need to hold them again for higher price and no one exactly knows when it will boost up again after falling down.


yah botton line I sell then when it goes bellow 550-500€ to make some fiat. But I really think holding to BTC is the best option.
 

If you don't want to experiment with your coins and if you want to play safe then best choice is to hold them and sell when you see higher price allowing you to make good profits.
full member
Activity: 151
Merit: 100
September 14, 2016, 05:54:09 AM
I would hold'em until the BTC price skyrocket, then I would sell at the peak and buy again when the price lowered. Hold BTC as mutch as I could and don't trade for small price fluctuations.

You lacked the "if" statement. What if it didn't skyrocket, instead it dropped drastically.
What if the price stayed lowered for a long time? What if... All what ifs.
We should watch out for that always.

Holding can be risky if price goes down in future and it will waste your time as you need to hold them again for higher price and no one exactly knows when it will boost up again after falling down.


yah botton line I sell then when it goes bellow 550-500€ to make some fiat. But I really think holding to BTC is the best option.
 
hero member
Activity: 952
Merit: 1000
September 14, 2016, 05:36:22 AM
I would hold'em until the BTC price skyrocket, then I would sell at the peak and buy again when the price lowered. Hold BTC as mutch as I could and don't trade for small price fluctuations.

You lacked the "if" statement. What if it didn't skyrocket, instead it dropped drastically.
What if the price stayed lowered for a long time? What if... All what ifs.
We should watch out for that always.

Holding can be risky if price goes down in future and it will waste your time as you need to hold them again for higher price and no one exactly knows when it will boost up again after falling down.
sr. member
Activity: 476
Merit: 250
September 14, 2016, 05:24:22 AM
I would hold'em until the BTC price skyrocket, then I would sell at the peak and buy again when the price lowered. Hold BTC as mutch as I could and don't trade for small price fluctuations.

You lacked the "if" statement. What if it didn't skyrocket, instead it dropped drastically.
What if the price stayed lowered for a long time? What if... All what ifs.
We should watch out for that always.
hero member
Activity: 644
Merit: 500
September 14, 2016, 05:23:38 AM
If i get 10 bitcoins freely, i will turn it all into fiat and pay my sister college and buy her a laptop or a netbook, because it's hard to earn money and my parents is not rich so do i.

Impressive, its good to use them in investing in some good things instead of wasting it on fun and entertainment, with good laptop you can earn more bitcoins  Wink
yeah you can share it with your sister and you can find more ways to earn bitcoin online especially here in our forums, you have a big heart buddy thinking for your love ones needs and not for pleasure for you. good luck
Good to share that but you cannot assure that you sister will have the same interest as yours because mostly women does not have an interest in things that are not popular yet and I am talking of bitcoin, men mostly love to explore online so it is hard to convince a woman to do the same interest we have.
i got same thing bro i keep convincing my wife to join me here with bitcoin investment but she keeps on ignoring it she don't have any interest and it is much better for her to go with fb and post there as i mention that she better try steemit too to generate profits with her knowledge of writing.
legendary
Activity: 3248
Merit: 1160
Fully Regulated Crypto Casino
September 14, 2016, 05:19:16 AM
If i get 10 bitcoins freely, i will turn it all into fiat and pay my sister college and buy her a laptop or a netbook, because it's hard to earn money and my parents is not rich so do i.

Impressive, its good to use them in investing in some good things instead of wasting it on fun and entertainment, with good laptop you can earn more bitcoins  Wink
yeah you can share it with your sister and you can find more ways to earn bitcoin online especially here in our forums, you have a big heart buddy thinking for your love ones needs and not for pleasure for you. good luck
Good to share that but you cannot assure that you sister will have the same interest as yours because mostly women does not have an interest in things that are not popular yet and I am talking of bitcoin, men mostly love to explore online so it is hard to convince a woman to do the same interest we have.
newbie
Activity: 57
Merit: 0
September 14, 2016, 05:18:58 AM
I will start a small business or invest in my business  Wink
hero member
Activity: 812
Merit: 1000
September 14, 2016, 05:18:02 AM
if I receive 10 bitcoin from you, I can use it for many things. I will use it for trading and also hold it and then sell at high prices

Yeah and 10 btc is a descent amount to invest in trading and you can expect good profits in short term if you invest them in altcoins, withdraw your profits regularly and sell them at higher price.
hero member
Activity: 546
Merit: 500
September 14, 2016, 05:12:59 AM
if I receive 10 bitcoin from you, I can use it for many things. I will use it for trading and also hold it and then sell at high prices
full member
Activity: 151
Merit: 100
September 14, 2016, 05:01:54 AM
I would hold'em until the BTC price skyrocket, then I would sell at the peak and buy again when the price lowered. Hold BTC as mutch as I could and don't trade for small price fluctuations.
hero member
Activity: 798
Merit: 1000
September 14, 2016, 04:56:28 AM
I would invest some part of it in trading and rest I will hold it for long term may be say at least for 5 years, as I am sure price would be much higher by then.
I know that I would hold on to them for some time because I am almost sure that they are going to be worth money in the future.
Selling them know would be a waist and I do not really need the money at the moment so I can wait.

It depends on a person and on its  financial state we are different in any ways. Some may have money and   doesnt need to sell their bitcoin  but some people would definitely use it since they need it  for their needs and some would choose  to put it on investments. It really depends on how  we use it. For me i would put up on an investments for sure.

If bitcoin is the only source of your income then you will never prefer to hold all of them as you also need money to take care of you and your family, in that case price won't make much difference to you and you will sell whatever price you see.
legendary
Activity: 3122
Merit: 1140
September 14, 2016, 04:52:24 AM
I would invest some part of it in trading and rest I will hold it for long term may be say at least for 5 years, as I am sure price would be much higher by then.
I know that I would hold on to them for some time because I am almost sure that they are going to be worth money in the future.
Selling them know would be a waist and I do not really need the money at the moment so I can wait.

It depends on a person and on its  financial state we are different in any ways. Some may have money and   doesnt need to sell their bitcoin  but some people would definitely use it since they need it  for their needs and some would choose  to put it on investments. It really depends on how  we use it. For me i would put up on an investments for sure.
hero member
Activity: 924
Merit: 1000
Lick me like a lolipop
September 14, 2016, 04:35:02 AM
10 btc is a huge amount, it will be injustice to the coins if I simply hold without using them, I would surely go for trading with entire amount and invest in some good altcoins to earn daily profits.
hero member
Activity: 616
Merit: 500
September 14, 2016, 04:32:38 AM
I would invest some part of it in trading and rest I will hold it for long term may be say at least for 5 years, as I am sure price would be much higher by then.
I know that I would hold on to them for some time because I am almost sure that they are going to be worth money in the future.
Selling them know would be a waist and I do not really need the money at the moment so I can wait.
sr. member
Activity: 322
Merit: 250
September 14, 2016, 04:32:34 AM
Most likely I will just hold it for a long time to make some good amount of bitcoins, I think the bitcoin is a good investment because of that I would not pay it our something.
10 bitcoin is a pretty large amount and it would be stupid too not hold it..
sr. member
Activity: 406
Merit: 250
September 14, 2016, 04:21:40 AM
I will invest it in trading and the earning i get will spend it to buy some things in my house because i want to see all my earnings in trading in my house or something usable for me.
hero member
Activity: 1302
Merit: 540
September 14, 2016, 03:50:55 AM
If i get 10 bitcoins freely, i will turn it all into fiat and pay my sister college and buy her a laptop or a netbook, because it's hard to earn money and my parents is not rich so do i.

Impressive, its good to use them in investing in some good things instead of wasting it on fun and entertainment, with good laptop you can earn more bitcoins  Wink
yeah you can share it with your sister and you can find more ways to earn bitcoin online especially here in our forums, you have a big heart buddy thinking for your love ones needs and not for pleasure for you. good luck
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
September 14, 2016, 03:28:45 AM
If i get 10 bitcoins freely, i will turn it all into fiat and pay my sister college and buy her a laptop or a netbook, because it's hard to earn money and my parents is not rich so do i.

Impressive, its good to use them in investing in some good things instead of wasting it on fun and entertainment, with good laptop you can earn more bitcoins  Wink

if you mean mining with the good laptop then you should know that with less money or with the same amount of money but a better GPU you can mine a lot easier on a PC rather than on a laptop. besides running a laptop for long hours can be troublesome.

and if you mean other methods then a simple cheap netbook is more than enough for earning in any other method like trading or other freelance jobs online.
legendary
Activity: 2436
Merit: 1102
September 14, 2016, 03:25:50 AM
If i get 10 bitcoins freely, i will turn it all into fiat and pay my sister college and buy her a laptop or a netbook, because it's hard to earn money and my parents is not rich so do i.

Impressive, its good to use them in investing in some good things instead of wasting it on fun and entertainment, with good laptop you can earn more bitcoins  Wink
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