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Topic: What do you do with your btc? - page 11. (Read 55823 times)

sr. member
Activity: 350
Merit: 250
August 18, 2016, 11:19:59 PM
I view bitcoin as a currency instead of an investment so I usually buy something online with my bitcoins. It's just a matter of opinion, people view bitcoin as a currency, and other people view it as an investment or maybe even both.
sr. member
Activity: 812
Merit: 250
August 18, 2016, 11:12:59 PM
What do i do with my bitcoin of course i always invest my bitcoin where i can grow my money and i also use it for trading where i can earn profit by trading my bitcoin into another coins (alt coins) sometimes we also do gambling where we can lose or win more bitcoins but since i always get lose my bitcoin i already stop playing this nonsense gambling . :3

Yes indeed very profitable trade. Although risky but if we learned it could be a good advantage. I also use my bitcoin some to trade. At first I lost my bitcoin in the trade but now I often get the advantage in trade.
hero member
Activity: 910
Merit: 500
August 18, 2016, 10:50:41 PM
What do i do with my bitcoin of course i always invest my bitcoin where i can grow my money and i also use it for trading where i can earn profit by trading my bitcoin into another coins (alt coins) sometimes we also do gambling where we can lose or win more bitcoins but since i always get lose my bitcoin i already stop playing this nonsense gambling . :3
legendary
Activity: 1372
Merit: 1008
August 18, 2016, 08:18:07 PM
I use BTC for investment in cloud mining and other investment sites

Better to keep your btc in a wallet where they will be safer then where you are planning to invest them, in cloud mining if the site does not turn scam still you will have to wait for years to start collecting pure profits because it takes a lot of time reaching ROI and other investments site can never be trusted.
Better to just accumulate and keep or just use them in altcoin trading like me.
It should have already been a common sense for us to try to avoid cloud mining sites since even the largest cloud mining sites have gone ponzi. I guess some people just doesn't learn the easy way and needed to learn the hard way.
I am not really against you on investing from them, but I am against the owners from getting so much profit from scamming people.


Exactly, owners are running away with the hard earned money of investors and that creates negative impact in the minds of new investors who wants to start their journey with bitcoins.
maybe it was not a big problem anymore today, now all people much prefer to have their own bitcoin mining hardware than they invest in cloud mining.
I would think that the mine will no longer profitable in a few years. for halving will always come. so think that you have an investment that is going to do for long life or long periods of time.I think investing in gambling sites clearer
legendary
Activity: 3248
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
August 18, 2016, 06:41:00 PM
normally in invest my bitcoin in some alt cons, but after the previous downfall when the price of bitcoin fall down below 600$ now i am only holding my bitcoin for the price increase, because i am sure that the price of bitcoin will boost up very soon.
But maybe the bitcoin price will stable in some period in this rate, i think there is not harm for you to investing some of your amount in alt to grow your bitcoin because in this time the price of altcoins is very volatility and there are a good moment in this time.
full member
Activity: 154
Merit: 100
August 18, 2016, 06:13:47 PM
normally in invest my bitcoin in some alt cons, but after the previous downfall when the price of bitcoin fall down below 600$ now i am only holding my bitcoin for the price increase, because i am sure that the price of bitcoin will boost up very soon.
hero member
Activity: 770
Merit: 500
August 18, 2016, 03:08:40 PM
Hello btc users! Just interested - how do you spend your BTC bitcoins?
Buy something, trading, maybe just collect and waiting for good price? Smiley
I invest small amounts of btc in hyip and cloud mining sites
Okay, you just sending your little amount into the hole of the hell, I very bad because maybe if it's just a little but you just making that;s amount is useless for you.
I several times to get profits in a Ponzi or hyip sites but I also several times to get damages for the site to be a scam. I think there is no definite strategy on investing in ponzi. because there will be no one who knows about when it will be a scam site. invest in Ponzi-like gambling?

Exactly investing in ponzi is also like gambling, either you win or you loose depending on your luck, most important thing in both the cases is to know what is the right time to withdraw the profits.
is worse than gambling, when you invest into a ponzi then you will most surely not get your money back and it would be a big loss then
member
Activity: 88
Merit: 10
August 18, 2016, 12:54:55 PM
for now i don't spend them but i save everything that i get
sr. member
Activity: 812
Merit: 250
August 18, 2016, 12:41:07 PM
For me bitcoin is only for speculation. Spending is not really an option since not many place I buy stuff accept bitcoin.
So follow and riding the waves.

That is the reason why i'm able most of the times to just keep and save my bitcoins because i cannot spend them anywhere except online shops and those shops cost a lot of shipping fees which i cannot afford, so i'm just keeping my coins right now and doing nothing with them except trading a little bit sometimes.

I also was not too think about spending bitcoin to buy something online, because I could use a fiat to buy anything. but indeed if bitcoin can be used to buy everything it could be my favorite for shopping.
I was more focused on to trade and collect bitcoin. so when you gain can also wait for higher prices. not like people who are just waiting for high prices without doing anything.
Yeah I will never prefer to simply hold it, I mean if we have an opportunity to increase the level then we should go for it and the same thing I am doing with trading at a moment.
True if we just hold bitcoin we will only get a slight advantage. I am using my bitcoin for trade because it will get more profit. Although it has a risk but I'm sure if we can learn will definitely benefit a lot.
legendary
Activity: 1218
Merit: 1000
August 18, 2016, 08:55:33 AM
For me bitcoin is only for speculation. Spending is not really an option since not many place I buy stuff accept bitcoin.
So follow and riding the waves.

That is the reason why i'm able most of the times to just keep and save my bitcoins because i cannot spend them anywhere except online shops and those shops cost a lot of shipping fees which i cannot afford, so i'm just keeping my coins right now and doing nothing with them except trading a little bit sometimes.

I also was not too think about spending bitcoin to buy something online, because I could use a fiat to buy anything. but indeed if bitcoin can be used to buy everything it could be my favorite for shopping.
I was more focused on to trade and collect bitcoin. so when you gain can also wait for higher prices. not like people who are just waiting for high prices without doing anything.
Yeah I will never prefer to simply hold it, I mean if we have an opportunity to increase the level then we should go for it and the same thing I am doing with trading at a moment.
Only hold true if it can benefit but little. We could try to trade or investment, but it may be better to try trading for when investing a lot of scam. Trade can benefit if we learn to use the trade.
hero member
Activity: 952
Merit: 1000
August 18, 2016, 08:27:02 AM
For me bitcoin is only for speculation. Spending is not really an option since not many place I buy stuff accept bitcoin.
So follow and riding the waves.

That is the reason why i'm able most of the times to just keep and save my bitcoins because i cannot spend them anywhere except online shops and those shops cost a lot of shipping fees which i cannot afford, so i'm just keeping my coins right now and doing nothing with them except trading a little bit sometimes.

I also was not too think about spending bitcoin to buy something online, because I could use a fiat to buy anything. but indeed if bitcoin can be used to buy everything it could be my favorite for shopping.
I was more focused on to trade and collect bitcoin. so when you gain can also wait for higher prices. not like people who are just waiting for high prices without doing anything.
Yeah I will never prefer to simply hold it, I mean if we have an opportunity to increase the level then we should go for it and the same thing I am doing with trading at a moment.
hero member
Activity: 756
Merit: 503
August 18, 2016, 05:22:03 AM
For me bitcoin is only for speculation. Spending is not really an option since not many place I buy stuff accept bitcoin.
So follow and riding the waves.

That is the reason why i'm able most of the times to just keep and save my bitcoins because i cannot spend them anywhere except online shops and those shops cost a lot of shipping fees which i cannot afford, so i'm just keeping my coins right now and doing nothing with them except trading a little bit sometimes.

I also was not too think about spending bitcoin to buy something online, because I could use a fiat to buy anything. but indeed if bitcoin can be used to buy everything it could be my favorite for shopping.
I was more focused on to trade and collect bitcoin. so when you gain can also wait for higher prices. not like people who are just waiting for high prices without doing anything.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
August 18, 2016, 05:14:58 AM
For me bitcoin is only for speculation. Spending is not really an option since not many place I buy stuff accept bitcoin.
So follow and riding the waves.

That is the reason why i'm able most of the times to just keep and save my bitcoins because i cannot spend them anywhere except online shops and those shops cost a lot of shipping fees which i cannot afford, so i'm just keeping my coins right now and doing nothing with them except trading a little bit sometimes.

Expect really a fees like that since bitcoin's price is volatile and merchants dealing with a fiat products most will really affected with the fluctuations. So to cover the risk, they will add fees for those transactions that will deal in bitcoin.
hero member
Activity: 756
Merit: 500
August 17, 2016, 12:53:00 PM
For me bitcoin is only for speculation. Spending is not really an option since not many place I buy stuff accept bitcoin.
So follow and riding the waves.

That is the reason why i'm able most of the times to just keep and save my bitcoins because i cannot spend them anywhere except online shops and those shops cost a lot of shipping fees which i cannot afford, so i'm just keeping my coins right now and doing nothing with them except trading a little bit sometimes.
hero member
Activity: 658
Merit: 500
August 16, 2016, 05:30:40 PM
Well, i usually invest them,  but i have lost them many times.
Yes because gambling, and i think i may be addicted to it Cheesy Gives me fun anyway haha

Try alternate way to have fun mate, why are you wasting your money in gambling, you can save it for future or else invest from where you can get regular returns.
I think there is no pleasure can you get when you're gambling and defeat became addicted because gambling. because once you become addicted. I'm sure you'll suffer a lot of losses and would probably make a loss. if you want to have fun you can look for other fun things like vacation
hero member
Activity: 714
Merit: 500
August 16, 2016, 08:38:48 AM
I use BTC for investment in cloud mining and other investment sites

Better to keep your btc in a wallet where they will be safer then where you are planning to invest them, in cloud mining if the site does not turn scam still you will have to wait for years to start collecting pure profits because it takes a lot of time reaching ROI and other investments site can never be trusted.
Better to just accumulate and keep or just use them in altcoin trading like me.
It should have already been a common sense for us to try to avoid cloud mining sites since even the largest cloud mining sites have gone ponzi. I guess some people just doesn't learn the easy way and needed to learn the hard way.
I am not really against you on investing from them, but I am against the owners from getting so much profit from scamming people.


Exactly, owners are running away with the hard earned money of investors and that creates negative impact in the minds of new investors who wants to start their journey with bitcoins.
maybe it was not a big problem anymore today, now all people much prefer to have their own bitcoin mining hardware than they invest in cloud mining.
I think pity cloudmining sites that actually do the mining. simply because the person who is not responsible for using the system and run
a website Ponzi cloudmining fake and fraud and to be a scam. I think it makes people afraid to invest in cloudmining



Most of the cloud mining sites have proved to be scam in long run and that is the reason people hesitate in investing in it as there is no guarantee that you will make profits from it.
sr. member
Activity: 364
Merit: 250
August 16, 2016, 08:29:05 AM
For me bitcoin is only for speculation. Spending is not really an option since not many place I buy stuff accept bitcoin.
So follow and riding the waves.
hero member
Activity: 532
Merit: 500
August 16, 2016, 07:53:18 AM
I use BTC for investment in cloud mining and other investment sites

Better to keep your btc in a wallet where they will be safer then where you are planning to invest them, in cloud mining if the site does not turn scam still you will have to wait for years to start collecting pure profits because it takes a lot of time reaching ROI and other investments site can never be trusted.
Better to just accumulate and keep or just use them in altcoin trading like me.
It should have already been a common sense for us to try to avoid cloud mining sites since even the largest cloud mining sites have gone ponzi. I guess some people just doesn't learn the easy way and needed to learn the hard way.
I am not really against you on investing from them, but I am against the owners from getting so much profit from scamming people.


Exactly, owners are running away with the hard earned money of investors and that creates negative impact in the minds of new investors who wants to start their journey with bitcoins.
maybe it was not a big problem anymore today, now all people much prefer to have their own bitcoin mining hardware than they invest in cloud mining.
I think pity cloudmining sites that actually do the mining. simply because the person who is not responsible for using the system and run
a website Ponzi cloudmining fake and fraud and to be a scam. I think it makes people afraid to invest in cloudmining

hero member
Activity: 882
Merit: 500
August 16, 2016, 02:47:55 AM
Previously I invested almost all of my BTC in cloud mining, it turned out to be a scam and I lost it all. For now, I don't have much, but I think I'll keep em in my wallet,  probably buy something online whenever the rate is up and I have enough.

Very sad to hear you got scammed with cloud mining (but why you deposit your money to cloud mining? )
It's good to save your bitcoin in your wallet  for better future price increase. But you can learning from the past , about choosing the right investment and collecting bitcoin method on the internet.
I am guessing you might have invested in hashocean? Because at that time, hashocean was the best cloud mining site there is until they turned into scam.
Pretty good strategy though to keep a good front while scheming something behind.

I have always been warned to not invest in cloud mining sites, which I followed and never had any losses from ponzi scams.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
August 15, 2016, 10:09:21 AM
Previously I invested almost all of my BTC in cloud mining, it turned out to be a scam and I lost it all. For now, I don't have much, but I think I'll keep em in my wallet,  probably buy something online whenever the rate is up and I have enough.

I've also invested several bitcoin I get to the site Minning cloud, and it was all over scam. well, although very many bonuses that are said to be given, but before that happens, everything becomes a scam, and until recently, were not returned bitcoin
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