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Topic: What can I do with a small amount of BTC? - page 2. (Read 3354 times)

legendary
Activity: 1050
Merit: 1000
With $25 I would invest in an altcoin and buy low on one exchange and sell high on another. After that I'd convert everything back to bitcoin. Or I'll just hold it if I'm not in the mood, I get pretty lazy.
legendary
Activity: 1143
Merit: 1000
Just hold bro, you can use circle.com if you want to convert it to cash.
legendary
Activity: 1106
Merit: 1000
Saving that money for a future need seems to be the best option, plus the value will probably increase and then you'll have even more to spend.

there isnt any gurantee that price will ony go up it can be down as well , do some trade with it and try to increse it
legendary
Activity: 1736
Merit: 1029
It depends on your interests.  If you want to mine as a hobby, go for it (don't expect to make much).  If you like loaning others and watching your money grow (be sure you known how to loan the right people), go for it.  Don't gamble it unless you are perfectly fine with losing it all.  Otherwise, hodl! Smiley
sr. member
Activity: 364
Merit: 250

I am going to get between $25-$50 worth of BTC in my signature campaign. I can't decide what to do with it. I could pick up a cheap miner, and mine the crap out of a new altcoin, I could offer loans, I could trade Altcoins, what should I do?


You may just go to a dice game site and try to roll it over.

Small amount may become a large one soon.  Cheesy

Of course you'd only gamble the amount you afford to lose.

Gambling is NOT an option.
sr. member
Activity: 378
Merit: 250

I am going to get between $25-$50 worth of BTC in my signature campaign. I can't decide what to do with it. I could pick up a cheap miner, and mine the crap out of a new altcoin, I could offer loans, I could trade Altcoins, what should I do?


You may just go to a dice game site and try to roll it over.

Small amount may become a large one soon.  Cheesy

Of course you'd only gamble the amount you afford to lose.
thats the worst money making option after all hyips and ponzies
legendary
Activity: 3542
Merit: 1352
Cashback 15%

I am going to get between $25-$50 worth of BTC in my signature campaign. I can't decide what to do with it. I could pick up a cheap miner, and mine the crap out of a new altcoin, I could offer loans, I could trade Altcoins, what should I do?


You may just go to a dice game site and try to roll it over.

Small amount may become a large one soon.  Cheesy

Of course you'd only gamble the amount you afford to lose.

Risky. Sure, any investment has its own risks, but this method of growing btc is by far the riskiest. i wouldn't recommend OP to gamble as the chances are high of getting burned in the end.
legendary
Activity: 1554
Merit: 1021
Spend some (ever had a pizza for BTC?) and keep some  Cool
full member
Activity: 197
Merit: 100

I am going to get between $25-$50 worth of BTC in my signature campaign. I can't decide what to do with it. I could pick up a cheap miner, and mine the crap out of a new altcoin, I could offer loans, I could trade Altcoins, what should I do?


You may just go to a dice game site and try to roll it over.

Small amount may become a large one soon.  Cheesy

Of course you'd only gamble the amount you afford to lose.
legendary
Activity: 1106
Merit: 1000
you are not gonna get some decent miner with that amount , you can buy altcoin woth it with a commision and thn sale it again for bitcoins for a commission , anyways its not that simple then it looks
sr. member
Activity: 378
Merit: 250
I am going to get between $25-$50 worth of BTC in my signature campaign. I can't decide what to do with it. I could pick up a cheap miner, and mine the crap out of a new altcoin, I could offer loans, I could trade Altcoins, what should I do?

I suggest you to save your bitcoins and wait until enough to buy a house Smiley
legendary
Activity: 1120
Merit: 1000
save until you get more than a small amount.

Then invest or create something to multiply your money
legendary
Activity: 1274
Merit: 1000
★ BitClave ICO: 15/09/17 ★
First of all If you want to be paid by your sig campaign; Update your signature, You've become Sr. member but still using Full Member signature Grin
newbie
Activity: 26
Merit: 0
Saving that money for a future need seems to be the best option, plus the value will probably increase and then you'll have even more to spend.
hero member
Activity: 770
Merit: 509
Just wait for the opportunity that will be coming, sell high, buy low back and sell high again.
Profit that way, profit won't be higher, but at least you won't lose them all of a sudden like one can in altcoins.

Could you please explain how you can get to that conclusion that you could lose all of the $25-$50 in a altcoin? I have never lost nowhere near that amount and i have had a few terrible alt coin investments lol

Also trying to trade btc/usd with that amount is pointless you will spend most of it on fee's and that is if you manage to sell high buy low which sounds easy enough but not many can actually do it.

OP do whatever makes you happy i am sure you have many ideas here to choose from.

Inexperienced traders tend to end up burning themselves because of the lack of knowledge and experience in regards to trading altcoins. Also, not all people are like you who never lost $25-$50 to an altcoin. You must be super careful in terms of trading.
He must be lucky. I've lost 0.15 in altcoins and most of it was on MZC when it was supposed to go up. Since then i've stopped trying to get lucky with alt speculation.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
Just wait for the opportunity that will be coming, sell high, buy low back and sell high again.
Profit that way, profit won't be higher, but at least you won't lose them all of a sudden like one can in altcoins.

Could you please explain how you can get to that conclusion that you could lose all of the $25-$50 in a altcoin? I have never lost nowhere near that amount and i have had a few terrible alt coin investments lol

Also trying to trade btc/usd with that amount is pointless you will spend most of it on fee's and that is if you manage to sell high buy low which sounds easy enough but not many can actually do it.

OP do whatever makes you happy i am sure you have many ideas here to choose from.

Inexperienced traders tend to end up burning themselves because of the lack of knowledge and experience in regards to trading altcoins. Also, not all people are like you who never lost $25-$50 to an altcoin. You must be super careful in terms of trading.
hero member
Activity: 568
Merit: 500
Smoke weed everyday!
Just wait for the opportunity that will be coming, sell high, buy low back and sell high again.
Profit that way, profit won't be higher, but at least you won't lose them all of a sudden like one can in altcoins.

Could you please explain how you can get to that conclusion that you could lose all of the $25-$50 in a altcoin? I have never lost nowhere near that amount and i have had a few terrible alt coin investments lol

Also trying to trade btc/usd with that amount is pointless you will spend most of it on fee's and that is if you manage to sell high buy low which sounds easy enough but not many can actually do it.

OP do whatever makes you happy i am sure you have many ideas here to choose from.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
Yeah, The best thing is to keep on accumulating Bitcoins, When the price of Bitcoins will be $1000+ one would make good profits. Smiley

And if it never goes that high again?
Best to use the coins to do what you like. Spend them, accumulate more, trade whatever makes you happy.

He's essentially getting the coins for free, so yes, he's free to do what he likes with it.

That said, since he's only dealing with $25 chunks of Bitcoin, and is essentially getting it for free, why not accumuluate more?  He's basically receiving free Bitcoin every month with zero risk involved.  Turn that zero risk into something more substantial, rather than pissing it away on alts or mining or unnecessarily spending it.

And if it never goes that high again?  No skin off his back, because once again, zero risk involved....


Yup. Getting it for free is a good leverage to earn more. Why not hodl and see if the price takes it turn upward?
hero member
Activity: 1372
Merit: 783
better everyday ♥
Yeah, The best thing is to keep on accumulating Bitcoins, When the price of Bitcoins will be $1000+ one would make good profits. Smiley

And if it never goes that high again?
Best to use the coins to do what you like. Spend them, accumulate more, trade whatever makes you happy.

He's essentially getting the coins for free, so yes, he's free to do what he likes with it.

That said, since he's only dealing with $25 chunks of Bitcoin, and is essentially getting it for free, why not accumuluate more?  He's basically receiving free Bitcoin every month with zero risk involved.  Turn that zero risk into something more substantial, rather than pissing it away on alts or mining or unnecessarily spending it.

And if it never goes that high again?  No skin off his back, because once again, zero risk involved....
legendary
Activity: 3542
Merit: 1352
Cashback 15%
Yeah, The best thing is to keep on accumulating Bitcoins, When the price of Bitcoins will be $1000+ one would make good profits. Smiley

And if it never goes that high again?
Best to use the coins to do what you like. Spend them, accumulate more, trade whatever makes you happy.

Pessimistic. Sad But this is true though. One can never be sure of what will come in the following days, weeks, months or years. But accumulating won't hurt too.
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