If i give you 10 BTC what will you do? - page 97.

Shibashi Dogemoto

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Quote from: avw1982 on July 25, 2016, 03:01:44 PM

Quote from: ASHLIUSZ on July 25, 2016, 01:27:51 PM

If I earn 10 btc I will hold it for a good price rise and if you give me 10 btc I will convert it to fiat and will buy a new car as in our country we can buy a medium range car for that amount.

I would put it away safe and secure, in a cold wallet that is completely offline such as a paper wallet. I wouldn't want hackers trying to access my bitcoins, that's my first priority. Keeping my bitcoins safe. I will simply hold those coins till I need them for an emergency, or when I think is a good time to liquidate them. I believe in bitcoin's role as a currency, and as an asset that allows you a store of value.

Yeah saving it for future is the best thing you can do with your coins, its an currency but its also an investment for us as we have put some money into it so we will surely look for some profits from it.

avw1982

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Quote from: ASHLIUSZ on July 25, 2016, 01:27:51 PM

If I earn 10 btc I will hold it for a good price rise and if you give me 10 btc I will convert it to fiat and will buy a new car as in our country we can buy a medium range car for that amount.

I would put it away safe and secure, in a cold wallet that is completely offline such as a paper wallet. I wouldn't want hackers trying to access my bitcoins, that's my first priority. Keeping my bitcoins safe. I will simply hold those coins till I need them for an emergency, or when I think is a good time to liquidate them. I believe in bitcoin's role as a currency, and as an asset that allows you a store of value.

rickadone

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Quote from: BitcoinHodler on July 25, 2016, 10:33:14 AM

Quote from: rossjamie on July 25, 2016, 09:50:26 AM

I will split it to three investment.
1. 4 BTC will save on wallet and waiting for the price will rise in several years
2. 1 BTC will use for Trading
3. 4 BTC to Buy mining rig and rent a warehouse (Since my electricity cost not high so it's still profitable)

I will not invest anything on Cloudminer,Gambling Or any "Casino" site,HYIP investment.
I want to get clean money

you are doing the best thing especially your number 3 suggestion.

since you say your electricity cost is not that high so if i were you i would have gathered enough money to start my own mining farm and started mining. you can do many things like mining bitcoin, merge mining, and also you could dedicate some hash power to mine some altcoins like new coins and sell them for profit.

Renting a warehouse however might come with a high cost and that might affect your ROI from mining but nevertheless, 4BTC isn't really going to cut it since you'd have to pay for electricity fees and other utility fees.
Having an antminer S9 already costs about 3.7BTC.

Jambolb2

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Quote from: equator on July 25, 2016, 07:01:44 AM

If you dont think that bitcoin investing is not good and only real world business is only safe then why are you coming to bitcoin, Bitcoin investing are more safe as time goes and more people knowing about bitcoin will only increase the price ,

What OP is telling that if i receive 10btc , i will just hold 5btc in my wallet for future and balance 5btc i sill split in two and do sports betting and altcoin trading through which i can earn 10% daily and like this i can be rich in long term.

Did I say that investment in bitcoin was not good? I think you misunderstood my statement. I think investing in bitcoin was nice, but it's worth investing in real life business.

And I think if people just knew about bitcoin does not make the price go up, which makes the price rise is the buying and selling activities performed by people. Thank you

socks435

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Quote from: Senor.Bla on July 25, 2016, 01:40:10 PM

First i would say thank you! manners and such things Wink

Then i would ask why you gave it to me and obviously if i can have some more? I am a greedy bastard Cheesy

I would like to keep the Bitcoin, but i think i would spend it to promote bitcoin (by giving 40 people each 0.25 BTC) to friends and such.

You are kind if you share it to your friends but for me i just invest it to my project more business online like blogging faucet making a lot of that website you can earn more money..

Senor.Bla

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First i would say thank you! manners and such things Wink

Then i would ask why you gave it to me and obviously if i can have some more? I am a greedy bastard Cheesy

I would like to keep the Bitcoin, but i think i would spend it to promote bitcoin (by giving 40 people each 0.25 BTC) to friends and such.

ASHLIUSZ

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If I earn 10 btc I will hold it for a good price rise and if you give me 10 btc I will convert it to fiat and will buy a new car as in our country we can buy a medium range car for that amount.

Kevin77

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Quote from: tabas on July 24, 2016, 08:25:01 PM

Quote from: junder on July 24, 2016, 03:20:01 PM

This is a big surprise for me if I have 10 btc in my wallet or any one giving me 10 btc
I want to buy car for rent.

Well I am going to buy my own car too if someone is going to give it to me. And here in my country that is a good source of income that you are going going let people rent your car. Or you are going to register it on UBER or GRAB. For sure you are going to have a very happy time with it.
But before withdrawing it I am going to hold it first.

Car rental business is a really risky one. I've watched some episodes of whatever show that is. I forgot about it. I think it was one of Gordon Ramsay's shows. There was a family that owns a restaurant and a car rental business and the car rental just made their family nearly bankrupt because the people renting their car always crash them and just run away.

BitcoinHodler

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HODLing is an art, not just a word...

Quote from: rossjamie on July 25, 2016, 09:50:26 AM

I will split it to three investment.
1. 4 BTC will save on wallet and waiting for the price will rise in several years
2. 1 BTC will use for Trading
3. 4 BTC to Buy mining rig and rent a warehouse (Since my electricity cost not high so it's still profitable)

I will not invest anything on Cloudminer,Gambling Or any "Casino" site,HYIP investment.
I want to get clean money

you are doing the best thing especially your number 3 suggestion.

since you say your electricity cost is not that high so if i were you i would have gathered enough money to start my own mining farm and started mining. you can do many things like mining bitcoin, merge mining, and also you could dedicate some hash power to mine some altcoins like new coins and sell them for profit.

sirohige

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Quote from: romero121 on July 25, 2016, 08:05:26 AM

If someone gives me such a big volume of bitcoin I'll hold it for long time, because I have my own bitcoin for my regular needs as well multiplying through different methods of earning.

i recomended you to trying mining bitcoin, is good method tto earning money too, or you can triying to mining altcoin like siacoin, ethereum coin, ethereum classic etc. it's faster to ROI than bitcoin mining.

drwtsn32

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Quote from: BTcoint on July 25, 2016, 09:02:41 AM

if i have 10 btc i will hold it in a cold wallet for the coming two years because some members speculate that bitcoin price will jump over 1000 $ in 2017+

Yeah and few members speculate that the price will get low.
Now here's the thing. If a lot of members buy because they think of it to rise, then the price will surely rise (basic law of demand/supply).
So my question is, is it beneficial to always go with the majority?

moppang

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Its better to invest in some a place if i have 10 btc in my wallet
have a lot to do something if have 10 btc, but I think is the best way is trading you can get earn a lot of bitcoin.

rossjamie

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I will split it to three investment.
1. 4 BTC will save on wallet and waiting for the price will rise in several years
2. 1 BTC will use for Trading
3. 4 BTC to Buy mining rig and rent a warehouse (Since my electricity cost not high so it's still profitable)

I will not invest anything on Cloudminer,Gambling Or any "Casino" site,HYIP investment.
I want to get clean money

Jmild1

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Quote from: PokerFace3 on July 25, 2016, 09:30:31 AM

Quote from: BTcoint on July 25, 2016, 09:02:41 AM

if i have 10 btc i will hold it in a cold wallet for the coming two years because some members speculate that bitcoin price will jump over 1000 $ in 2017+

Yeah that's a good plan but its better to invest in some where or it will be even better if you can get up your own small business or service which can earn you more profit rather just holding them in your cold wallet making them more colder then antartica's ice Tongue

!

You can save while earninng, if you already hold your coins then add more for your better future. Just learn that if you hold more then you can profit more.

PokerFace3

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Quote from: BTcoint on July 25, 2016, 09:02:41 AM

if i have 10 btc i will hold it in a cold wallet for the coming two years because some members speculate that bitcoin price will jump over 1000 $ in 2017+

Yeah that's a good plan but its better to invest in some where or it will be even better if you can get up your own small business or service which can earn you more profit rather just holding them in your cold wallet making them more colder then antartica's ice Tongue

!

mark coins

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Quote from: BTcoint on July 25, 2016, 09:02:41 AM

if i have 10 btc i will hold it in a cold wallet for the coming two years because some members speculate that bitcoin price will jump over 1000 $ in 2017+

Yeah and it may also go beyond that, if we see mass adoption in next couple of months then we can expect some best price in future.

BTcoint

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if i have 10 btc i will hold it in a cold wallet for the coming two years because some members speculate that bitcoin price will jump over 1000 $ in 2017+

fkvidar

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Quote from: romero121 on July 25, 2016, 08:05:26 AM

If someone gives me such a big volume of bitcoin I'll hold it for long time, because I have my own bitcoin for my regular needs as well multiplying through different methods of earning.

Yeah it should be saved for the future to earn best profits from it as we all know that price of bicoin will be on the moon in future so its better to keep it safe till then.

romero121

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If someone gives me such a big volume of bitcoin I'll hold it for long time, because I have my own bitcoin for my regular needs as well multiplying through different methods of earning.

fulgdenea

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I think holding will be right option if we have strong believe in bitcoin, if you will give me 10BTC than I will keep it save into secure place, there is still many good chance for significantly increase will happen into price after few day, at the moment it is ready to boost very soon.

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