What do you do with your btc? - page 13.

airsounds

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Quote from: Corenin on August 14, 2016, 02:56:14 PM

Quote from: naidray on August 14, 2016, 02:35:14 PM

Quote from: marketgold on August 12, 2016, 07:22:27 PM

Quote from: ChronoLite on August 12, 2016, 07:11:57 PM

Quote from: Strongkored on August 12, 2016, 06:13:12 PM

Quote from: ttargett on August 12, 2016, 03:09:18 PM

i usually just hold all my bitcoins and i never spend it in order to make money in the future

Good, I think it is the best and safest thing to do now, because by holding your bitcoin in your wallet is tantamount to invest and if prices rise your bitcoin also increase in value. But since the currency was created as there is no harm in using bitcoin occasionally to shop. hehe

But what happened , if you need it for your real life . Or the price is stable.?
For me basically , i do collect and save strategy . When i got paid from somewhere site , i save a little to my wallet and the rest would be withdraw it to my bank account because i want to buy something i need.

I think you strategy is very good, even if you withdraw it and dont but anything. Its more secure to have cash in real life instead online. You shouldt keep 100% of your money in BTC

Holding all your bitcoin maybe a great idea when its price rise dramatically, you’ll get a large amount of profit but it seems to me that you have no intention of using it. I mean, what’s the point of all of this, bitcoin is money and you can’t hold your money for the rest of your life so feel free to use a bit of it, it’s no risky or dangerous in doing that.

Exactly, its an currency and it should be used like an currency, I mean there is no point in simply holding, use whenever you feel to and rest save for the future.

yeah, thats why i use my bitcoins for buying stuff for example buying some digital shoppings and so on, it is a currency that is really easy to use

Corenin

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Quote from: naidray on August 14, 2016, 02:35:14 PM

Quote from: marketgold on August 12, 2016, 07:22:27 PM

Quote from: ChronoLite on August 12, 2016, 07:11:57 PM

Quote from: Strongkored on August 12, 2016, 06:13:12 PM

Quote from: ttargett on August 12, 2016, 03:09:18 PM

i usually just hold all my bitcoins and i never spend it in order to make money in the future

Good, I think it is the best and safest thing to do now, because by holding your bitcoin in your wallet is tantamount to invest and if prices rise your bitcoin also increase in value. But since the currency was created as there is no harm in using bitcoin occasionally to shop. hehe

But what happened , if you need it for your real life . Or the price is stable.?
For me basically , i do collect and save strategy . When i got paid from somewhere site , i save a little to my wallet and the rest would be withdraw it to my bank account because i want to buy something i need.

I think you strategy is very good, even if you withdraw it and dont but anything. Its more secure to have cash in real life instead online. You shouldt keep 100% of your money in BTC

Holding all your bitcoin maybe a great idea when its price rise dramatically, you’ll get a large amount of profit but it seems to me that you have no intention of using it. I mean, what’s the point of all of this, bitcoin is money and you can’t hold your money for the rest of your life so feel free to use a bit of it, it’s no risky or dangerous in doing that.

Exactly, its an currency and it should be used like an currency, I mean there is no point in simply holding, use whenever you feel to and rest save for the future.

naidray

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Quote from: marketgold on August 12, 2016, 07:22:27 PM

Quote from: ChronoLite on August 12, 2016, 07:11:57 PM

Quote from: Strongkored on August 12, 2016, 06:13:12 PM

Quote from: ttargett on August 12, 2016, 03:09:18 PM

i usually just hold all my bitcoins and i never spend it in order to make money in the future

Good, I think it is the best and safest thing to do now, because by holding your bitcoin in your wallet is tantamount to invest and if prices rise your bitcoin also increase in value. But since the currency was created as there is no harm in using bitcoin occasionally to shop. hehe

But what happened , if you need it for your real life . Or the price is stable.?
For me basically , i do collect and save strategy . When i got paid from somewhere site , i save a little to my wallet and the rest would be withdraw it to my bank account because i want to buy something i need.

I think you strategy is very good, even if you withdraw it and dont but anything. Its more secure to have cash in real life instead online. You shouldt keep 100% of your money in BTC

Holding all your bitcoin maybe a great idea when its price rise dramatically, you’ll get a large amount of profit but it seems to me that you have no intention of using it. I mean, what’s the point of all of this, bitcoin is money and you can’t hold your money for the rest of your life so feel free to use a bit of it, it’s no risky or dangerous in doing that.

Nimbulan

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Quote from: vero on August 14, 2016, 01:27:55 PM

Quote from: tygeade on August 14, 2016, 02:23:03 AM

Quote from: davinchi on August 14, 2016, 02:19:38 AM

Quote from: Aamir1 on August 12, 2016, 12:48:18 PM

Quote from: marketgold on August 12, 2016, 07:05:20 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.

well small investors cannot have their own mining rig unfortunately so i guess they have nothing else to do but invest into cloud mining

greBit

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Quote from: vero on August 14, 2016, 01:27:55 PM

Quote from: tygeade on August 14, 2016, 02:23:03 AM

Quote from: davinchi on August 14, 2016, 02:19:38 AM

Quote from: Aamir1 on August 12, 2016, 12:48:18 PM

Quote from: marketgold on August 12, 2016, 07:05:20 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.

Not all can afford to have mining software as it requires high capital, and there are many people who still have faith that they can make good profits by investing in cloud mining sites.

vero

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Quote from: tygeade on August 14, 2016, 02:23:03 AM

Quote from: davinchi on August 14, 2016, 02:19:38 AM

Quote from: Aamir1 on August 12, 2016, 12:48:18 PM

Quote from: marketgold on August 12, 2016, 07:05:20 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.

An0nym0us

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Quote from: serjent05 on August 14, 2016, 12:19:41 PM

Quote from: bostiog1 on August 14, 2016, 05:57:36 AM

Quote from: Bitcoin Mixers on May 11, 2015, 12:54:27 PM

Hello btc users! Just interested - how do you spend your BTC bitcoins?
Buy something, trading, maybe just collect and waiting for good price?

I invest small amounts of btc in hyip and cloud mining sites

Hope you exit with profit Cheesy

Most HYIP and Cloudmining are ponzi schemes. they get their payment to their client thru their next client. Mostly this kind of site is just up for only a couple of weeks. Cloudmining might be longer but they wont stay forever because of the earnings they need to pay while the entry of new member is getting thin.

That's right they will only pay you for limited period of time, but once they feel that they have enough funds with them they will prefer to run away with your investments, the life cycle of those sites is very short.

serjent05

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Quote from: bostiog1 on August 14, 2016, 05:57:36 AM

Quote from: Bitcoin Mixers on May 11, 2015, 12:54:27 PM

Hello btc users! Just interested - how do you spend your BTC bitcoins?
Buy something, trading, maybe just collect and waiting for good price?

I invest small amounts of btc in hyip and cloud mining sites

Hope you exit with profit Cheesy

Most HYIP and Cloudmining are ponzi schemes. they get their payment to their client thru their next client. Mostly this kind of site is just up for only a couple of weeks. Cloudmining might be longer but they wont stay forever because of the earnings they need to pay while the entry of new member is getting thin.

bostiog1

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Quote from: Bitcoin Mixers on May 11, 2015, 12:54:27 PM

Hello btc users! Just interested - how do you spend your BTC bitcoins?
Buy something, trading, maybe just collect and waiting for good price?

I invest small amounts of btc in hyip and cloud mining sites

Strongkored

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Quote from: Imoote on August 14, 2016, 03:29:39 AM

Quote from: 20kevin20 on August 14, 2016, 02:39:04 AM

Quote from: Lexlaz on August 14, 2016, 12:58:08 AM

Gamble it all away

Short answer, bad idea.

Gambling will only give you losses! There are only a few gamblers who got rich from it!! You better store as much BTC as you can, before the price will go up again. If not, sell it and buy Gold.

Yes maybe it was a choice of him and we can not do anything. Very few people who can benefit from gambling, although some gamblers who could be rich but I am sure they never lose very many bitcoin. I'm using bitcoin to trade and it could be a huge advantage in my opinion.

Right, the decision is different good for them, not necessarily good for us. Now go back to each of you for that can measure and know our own abilities are. I personally can only give advice, but for the decision in their hands. And I was one of those who is not gambling.
I prefer to trade, although the risk is almost the same but with the knowledge I have I can minimize the risk. IMO

blackmachinegun

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Quote from: tampazeus on August 14, 2016, 12:27:55 AM

Quote from: shinratensei_ on August 14, 2016, 12:14:42 AM

Quote from: dezoel on August 13, 2016, 01:13:11 PM

Quote from: chixka000 on August 13, 2016, 12:14:40 PM

Quote from: crossabdd on August 13, 2016, 12:10:26 PM

Quote from: chixka000 on August 13, 2016, 11:41:32 AM

Quote from: Strongkored on August 11, 2016, 06:40:11 AM

Quote from: torrentheaven on August 11, 2016, 04:44:53 AM

yes bitcoin trading is safe you are aware about the market and price movements then you can make really good profits from it and its much safer in compare to altcoin trading.

I think bitcoin trading it's safe, pal. but some things that make it unsafe ie. :
1. exchangers sites that we use
2. fluctuate prices

exchangers, because we know there exchanger is suddenly closed or cracked by hackers and make customers lost money. Or because of the lack of analysis we can not predict the price up and down then we lose money. So in essence bitcoin trading is safe, but there are other aspects that make it unsafe. thanks

If you are doubting the exchanger sites you are using then you stop using it and find one that you cant trust because after all no matter how good that site maybe if you still doubt then its pointless.

initially all sites exchangers look very safe, but just when the site into a large and reliable, it could be a scammer or stolen funds, such examples mt.gox and bitfinex. in fact I think all sites exchanger can experience the same thing. the point is not to save too much money in the exchanger.

Right being vigilant is ghe best way for me to get through with it. People thinks really differently they might be thinking to improve their service today yet they decided to run away.

If they are dealing with huge volume of bitcoins then they will surely run away someday, they will operate for some time and gain trust from people and once they have enough money they will simply disappear.

That's right like hashocean become one of example their operate for a several periods to gaining a trust from bitcoiners and until this time they getting a lot of amount and the ending is always same their snacht their member's bitcoin.

We will see the same trend even in future, it becomes very hard to trust anyone in digital world, so its better not to invest in those sites and save your coins in your offline wallet.

true I think there is no truly reliable in online investment? because although they are reliable but when they have a chance to steal or scam. of course they will do it ?. moreover very easy to create a site using hidden data or phallic ?

Sponsoredby15

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Activity: 644

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What do i do with my bitcoins ? hmm first of all i have bitcoin because i use it with investment where i can grow my money without doing anything and i will wait until my money grows. Some people says dont work for money let the money work for you for me i always work for money so that i can able to do that someday to become one of the best investors here in my country

Lexlaz

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Quote from: Imoote on August 14, 2016, 03:29:39 AM

Quote from: 20kevin20 on August 14, 2016, 02:39:04 AM

Quote from: Lexlaz on August 14, 2016, 12:58:08 AM

Gamble it all away

Short answer, bad idea.

Gambling will only give you losses! There are only a few gamblers who got rich from it!! You better store as much BTC as you can, before the price will go up again. If not, sell it and buy Gold.

Yes maybe it was a choice of him and we can not do anything. Very few people who can benefit from gambling, although some gamblers who could be rich but I am sure they never lose very many bitcoin. I'm using bitcoin to trade and it could be a huge advantage in my opinion.

Yeah I finally learned how to control myself so now I'm just going to invest and buy more.

Sharma

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Quote from: 20kevin20 on August 14, 2016, 02:39:04 AM

Quote from: Lexlaz on August 14, 2016, 12:58:08 AM

Gamble it all away

Short answer, bad idea.

Gambling will only give you losses! There are only a few gamblers who got rich from it!! You better store as much BTC as you can, before the price will go up again. If not, sell it and buy Gold.

There are some better options of investment available or you can go for trading if you want to grow your coins.Trading is less riskier than gambling

Imoote

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Quote from: 20kevin20 on August 14, 2016, 02:39:04 AM

Quote from: Lexlaz on August 14, 2016, 12:58:08 AM

Gamble it all away

Short answer, bad idea.

Gambling will only give you losses! There are only a few gamblers who got rich from it!! You better store as much BTC as you can, before the price will go up again. If not, sell it and buy Gold.

Yes maybe it was a choice of him and we can not do anything. Very few people who can benefit from gambling, although some gamblers who could be rich but I am sure they never lose very many bitcoin. I'm using bitcoin to trade and it could be a huge advantage in my opinion.

20kevin20

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Quote from: Lexlaz on August 14, 2016, 12:58:08 AM

Gamble it all away

Short answer, bad idea.

Gambling will only give you losses! There are only a few gamblers who got rich from it!! You better store as much BTC as you can, before the price will go up again. If not, sell it and buy Gold.

tygeade

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Quote from: davinchi on August 14, 2016, 02:19:38 AM

Quote from: Aamir1 on August 12, 2016, 12:48:18 PM

Quote from: marketgold on August 12, 2016, 07:05:20 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.

davinchi

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Quote from: Aamir1 on August 12, 2016, 12:48:18 PM

Quote from: marketgold on August 12, 2016, 07:05:20 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.

peta4e

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Activity: 672

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Quote from: ubitcoin on August 14, 2016, 12:56:57 AM

Quote from: aakashsangwan on August 13, 2016, 08:13:53 AM

Some of my coins goes into trading, some into recharging my internet(very frequently), some on cam sites(Just love it Cheesy

)
Moreover i have a piggy bank bitcoin address where i usually transfer some of the leftover bitcoins as a backup plan for hard times. Cool

Most of my coins just go and stay in my wallet for definite longer period. Some to gambling, and a little bit to funding my steam account.

However, if needed be, I spend some of the coins in my wallet for emergency purposes like paying bills or buying food if ever I do not have access to my other assets as I am completely depending on bitcoin earnings a full timer.

That's great to hear that you are full time in bitcoins, and I think very few of us can manage to do that as no one wants to leave their full time job for the sake of bitcoins.

Lexlaz

newbie

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Gamble it all away

Topic: What do you do with your btc? - page 13. (Read 55831 times)