What can I do with a small amount of BTC? - page 4.

bitwarrior

legendary

Activity: 1764

Merit: 1000

Quote from: KaChingCoinDev on March 05, 2015, 08:09:07 PM

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?

Try saving it until it will be a bigger sum and then try day trading on altcoin exchanges to increase your btc further. Just dont invest all your coins on one coin, learn to diversify.

KaChingCoinDev

sr. member

Activity: 364

Merit: 250

Quote from: ronaldo40 on March 05, 2015, 10:32:52 PM

try gambling, if you are smart in gambling, it would be something big Grin

No, gambing is not an option.

ronaldo40

legendary

Activity: 1554

Merit: 1014

try gambling, if you are smart in gambling, it would be something big Grin

nextblast

hero member

Activity: 658

Merit: 500

You can consider saving it and earn interest.
That will stop you from dumping it at a low price like now, and keeps your digital asset growing.
https://bitcointalksearch.org/topic/updated-choices-for-earning-btc-interest-774359

Nerazzura

sr. member

Activity: 378

Merit: 250

Quote from: KaChingCoinDev on March 05, 2015, 08:09:07 PM

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?

The capital is used for rental miner later. Unless you have a tool mind miner.choose POW coins short period (proof of work) or activities of the coin mining.must own wallet and coins that have the pool.choose premine 0 or premine reasonable.

Possum577

sr. member

Activity: 434

Merit: 250

Loose lips sink sigs!

Save it or spend it on something in at a local pizzeria or cafe that accepts BTC.

Successful mining costs a lot more than what $50 can get you and mining alt coins is a waste. The alternatives to bitcoin are just temporary noise. They'll be long gone.

bitcoin_bagholder

sr. member

Activity: 336

Merit: 250

Why don't you just hold on to it.

Script

full member

Activity: 263

Merit: 100

Quote from: BlindMayorBitcorn on March 05, 2015, 08:27:26 PM

All into shitcoins!!

Actually, this is a good idea, reserve one "paycheck" and buy litecoin with it, it might be a good payoff in the future.

BlindMayorBitcorn

legendary

Activity: 1260

Merit: 1116

All into shitcoins!!

ajareselde

legendary

Activity: 1722

Merit: 1000

Satoshi is rolling in his grave. #bitcoin

Quote from: KaChingCoinDev on March 05, 2015, 08:18:49 PM

Quote from: ajareselde on March 05, 2015, 08:17:25 PM

you should find something nice you could use on ebay and just buy it.
Investing 20-50$ wont get u far, and from my experience it will only bring you small profits that u will later on try to increase exposing yourself to greather risk, and in the end u will just loose it all.
Trading altcoins, lending .. whatever you do, with that small investment wont get you far.
I know its not what u wanted to hear, but it is what it is.

cheers

LOL I don't care about it being what I don't wan to hear. So what do you suggest?

Read first line of what i wrote; just find something nice for yourself with that budget and buy it, and i dont mean a miner or similar, but something for fun like a necklace for your gf, night out with ur buddys, a hat .. anything. Investing it will be a waste of time, unless u can hold it for decades ..

Quote from: KaChingCoinDev on March 05, 2015, 08:19:11 PM

Is $0.14 KWH cheap?

Its pretty cheap, yes, but that doesnt mean the miner will pay it self out.
cheers

KaChingCoinDev

sr. member

Activity: 364

Merit: 250

Quote from: Snipe85 on March 05, 2015, 08:17:32 PM

Quote from: KaChingCoinDev on March 05, 2015, 08:09:07 PM

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?

It depends.
If you need reputation try the loans.
If you treat mining as a hobby and have cheap power you could buy a miner.
Maybe you just want to have some fun. Invite your friends for some beer and pizza.

Is $0.14 KWH cheap?

KaChingCoinDev

sr. member

Activity: 364

Merit: 250

Quote from: ajareselde on March 05, 2015, 08:17:25 PM

you should find something nice you could use on ebay and just buy it.
Investing 20-50$ wont get u far, and from my experience it will only bring you small profits that u will later on try to increase exposing yourself to greather risk, and in the end u will just loose it all.
Trading altcoins, lending .. whatever you do, with that small investment wont get you far.
I know its not what u wanted to hear, but it is what it is.

cheers

LOL I don't care about it being what I don't wan to hear. So what do you suggest?

KaChingCoinDev

sr. member

Activity: 364

Merit: 250

Quote from: Script on March 05, 2015, 08:14:44 PM

How about saving so it can be much more useful in the future when it will probably worth a lot more.

Okay, I will consider that. I might just put aside the $25 every week from the sig campaign, and then I have $1,300 at the end of the year. And if BTC is up...

Snipe85

sr. member

Activity: 756

Merit: 250

Infleum

Quote from: KaChingCoinDev on March 05, 2015, 08:09:07 PM

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?

It depends.
If you need reputation try the loans.
If you treat mining as a hobby and have cheap power you could buy a miner.
Maybe you just want to have some fun. Invite your friends for some beer and pizza.

ajareselde

legendary

Activity: 1722

Merit: 1000

Satoshi is rolling in his grave. #bitcoin

you should find something nice you could use on ebay and just buy it.
Investing 20-50$ wont get u far, and from my experience it will only bring you small profits that u will later on try to increase exposing yourself to greather risk, and in the end u will just loose it all.
Trading altcoins, lending .. whatever you do, with that small investment wont get you far.
I know its not what u wanted to hear, but it is what it is.

cheers

Script

full member

Activity: 263

Merit: 100

How about saving so it can be much more useful in the future when it will probably worth a lot more.

KaChingCoinDev

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?

Topic: What can I do with a small amount of BTC? - page 4. (Read 3336 times)