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Topic: What do you do with your idle coins? - page 23. (Read 30506 times)

legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
February 04, 2016, 02:39:01 AM
No idle coins. No point in having idle coins. I use all my coins to invest, lend, gamble, spend, anything but idle.

If we all keep coins idle, how the fuck is crypto going to grow.
legendary
Activity: 3472
Merit: 10611
February 04, 2016, 12:54:52 AM
This thread is helpful, anyone can give advice to me,
I have a 0.8 BTC on the wallet and the unemployed
I'm confused, I want to invest but are afraid of being cheated Undecided

Instead of leave it idle, won't it be better if you grow it by trade them? With altcoin, I mean. Their fluctuation is quite fast, and though -inevitably- you'll got some lost on one or two occasion, but you'll got some profit too, its surely better than letting it idle


It is no different than gambling unless your very experienced with virtual curency tradings and already learned the hard way. Afterall, for ever winner you need a loser in such zero sum game like virtual curency trading.

you can start by investing a small amount at first, in order to learn the basics and make the mistakes a newbie makes. then after that you will learn and stop making those mistakes.

it is like learning anything else, you don't start any job knowing every trick but you learn little by little as you go forward.
full member
Activity: 242
Merit: 100
Blockchain-based Financial Ecosystem
February 03, 2016, 11:58:07 PM
I have some coins idling around in my wallet but I cannot bear to put it in hyip or risk it. But it is a waste to let it idle around. Yes. I have coins in some "lower risk" hyips to generate some interest which I'm prepared to write off. I also have some coins converted to hashing power in hashnest and BW.com but it has to be monitored else you will suffer a loss instead.  Grin


Unlike fiat currencies, I cannot park these coins into banks backed by governmental institutions. I put my fiat currencies in banks or blue chips but I cannot do it with cryptos.

So, what do you do with your idle coins? Let it sit around?


i am doing  with idle coins. first I  want to  change to other currency and idle coin is when not change other currency and after I want to sell. when i need some goods first I am using idle coin
hero member
Activity: 1022
Merit: 538
February 03, 2016, 03:21:42 PM
I mostly trade my bitcoin so I don't really have that many idle coins. If I do have any spare coins, I keep them in my cold wallet.
hero member
Activity: 2660
Merit: 587
February 03, 2016, 03:19:03 PM
I have no idle coins , but when I have I try to invest them here and there for short term profits. Sometimes I make sites and all and invest money there, later sell the niche or sites for a higher price, hard to see BTC accumulate with me in my wallet Smiley
sr. member
Activity: 252
Merit: 250
February 03, 2016, 02:20:02 PM
i trade them mainly with USD and sometimes with new interesting alt-coins Cheesy .
full member
Activity: 139
Merit: 100
February 03, 2016, 11:17:45 AM
There's a part of it that I just leave them in my hardware wallet. About 40% of it I invest in loans and this type of thing. Helps keep balanced the risk versus the profits I can make from those values.


sr. member
Activity: 294
Merit: 250
February 03, 2016, 11:15:07 AM
This thread is helpful, anyone can give advice to me,
I have a 0.8 BTC on the wallet and the unemployed
I'm confused, I want to invest but are afraid of being cheated Undecided

Instead of leave it idle, won't it be better if you grow it by trade them? With altcoin, I mean. Their fluctuation is quite fast, and though -inevitably- you'll got some lost on one or two occasion, but you'll got some profit too, its surely better than letting it idle


It is no different than gambling unless your very experienced with virtual curency tradings and already learned the hard way. Afterall, for ever winner you need a loser in such zero sum game like virtual curency trading.
legendary
Activity: 2030
Merit: 1059
Wait... What?
February 03, 2016, 10:55:47 AM
This thread is helpful, anyone can give advice to me,
I have a 0.8 BTC on the wallet and the unemployed
I'm confused, I want to invest but are afraid of being cheated Undecided

Instead of leave it idle, won't it be better if you grow it by trade them? With altcoin, I mean. Their fluctuation is quite fast, and though -inevitably- you'll got some lost on one or two occasion, but you'll got some profit too, its surely better than letting it idle
hero member
Activity: 1134
Merit: 515
February 03, 2016, 10:45:24 AM
I never like to see some idle bitcoins in my wallet. My preference is that if we have bitcoins we must use them in some constructive work and try to attract more bitcoins with it. I have friends who always need loans. So I sometimes ask my idle coins to get to my friend and come back with little friends known as interest.
sr. member
Activity: 385
Merit: 266
February 03, 2016, 08:16:07 AM
I either hold the majority of my coins in a TREZOR hardware wallet, or sometimes I lend them in Poloniex to margin traders for a nice ~0.15% gain daily.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
February 03, 2016, 08:02:49 AM
Park them, If I feel like it move it to a Pow coin
But they usually remain idle.
full member
Activity: 137
Merit: 100
February 03, 2016, 07:54:43 AM
I hold them, Been looking for a long while now for a field that I can invest BTC into and did not find any reasonable field yet, High-risk investments or gambling are out of the question, Trading is also like gambling since the market movement can not be guaranteed, loaning is a bad idea, no reliable banks or sites offering interest.
legendary
Activity: 812
Merit: 1000
February 03, 2016, 06:38:18 AM
I have some coins idling around in my wallet but I cannot bear to put it in hyip or risk it. But it is a waste to let it idle around. Yes. I have coins in some "lower risk" hyips to generate some interest which I'm prepared to write off. I also have some coins converted to hashing power in hashnest and BW.com but it has to be monitored else you will suffer a loss instead.  Grin


Unlike fiat currencies, I cannot park these coins into banks backed by governmental institutions. I put my fiat currencies in banks or blue chips but I cannot do it with cryptos.

So, what do you do with your idle coins? Let it sit around?

Bitcoin is deflationary and over the past the value has always gone up so your coins are earning some of the best interest rates ever seen even though it looks like they are sat around.  Any investment to store your coins with someone else is going to come with risk for the % gains its probably not worth it for most of your stash.
full member
Activity: 238
Merit: 100
February 03, 2016, 06:23:50 AM
Currently I'm just holding. I'm not investing a large portion of the bitcoins I own. I'm afraid of putting it into too risky investments. What could I do with it not running much risks?



There are safe miners and faucets out there right? I think you should try and invest your spare and idle coins. That's the idea of all these. To grow your funds..
member
Activity: 98
Merit: 10
February 03, 2016, 06:16:58 AM
Currently I'm just holding. I'm not investing a large portion of the bitcoins I own. I'm afraid of putting it into too risky investments. What could I do with it not running much risks?

newbie
Activity: 65
Merit: 0
February 03, 2016, 06:07:29 AM
I just leave them in my hardware wallet. It is not like I can get interest off them.

Even though you do not have interest out of them, it is quite secure. Sometimes, it is better to be safe.
sr. member
Activity: 242
Merit: 250
January 22, 2016, 12:27:47 AM
I just leave them in my hardware wallet. It is not like I can get interest off them.
legendary
Activity: 3262
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
January 22, 2016, 12:07:10 AM
This thread is helpful, anyone can give advice to me,
I have a 0.8 BTC on the wallet and the unemployed
I'm confused, I want to invest but are afraid of being cheated Undecided

That is hard man. Maybe earn some more at a signature campaign. Then maybe buy and sell bitcoin while it moves like a tide now. That can profit you a lot if you can do that at the right time. That all for me now. I dont want to suggest any investing site. For I dont want to be reason that you will lose your precious coins.
hero member
Activity: 658
Merit: 500
January 21, 2016, 11:41:19 PM
This thread is helpful, anyone can give advice to me,
I have a 0.8 BTC on the wallet and the unemployed
I'm confused, I want to invest but are afraid of being cheated Undecided
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