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Topic: What do you do with your idle coins? - page 24. (Read 30506 times)

hero member
Activity: 504
Merit: 500
January 21, 2016, 11:09:14 PM
I usualy just leave them idling until I see a nice sell price before a retraction where I can buy them back at much lower prices!
legendary
Activity: 4354
Merit: 3614
what is this "brake pedal" you speak of?
January 21, 2016, 09:04:18 PM
i hodl 80% in good paper wallets, 10% is for play (i spend at bitcoin accepting places), 10% is to "invest' ie i kiss them goodbye. sometimes it even works out.
legendary
Activity: 1162
Merit: 1000
January 21, 2016, 06:09:21 PM
Idle coins ? Grin

1. You can give loans and profit from them. Always use escrow with legendary member with positive trust.
2. Trade on exchanges or play games if you feeling lucky.
3. Invest in alts but first you must investigate for yourself.
4. Maybe you can invest in small business, be innovative find yourself opportunities and share with others.

Always keep small portion in cold wallet!

1) Why you need escrow for a personal loan, it makes no sense. The borrower sends you first the collateral, and then you send them the loan. As simple as that. If he doesnt pay, you keep the collateral. If he does then he sends first the payment + interest, and you send back the collateral.


Because the other part may receive the collateral and never send anything, also if you use account as collateral, you might not want everyone log in your account
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
January 21, 2016, 05:42:58 PM
Idle coins ? Grin

1. You can give loans and profit from them. Always use escrow with legendary member with positive trust.
2. Trade on exchanges or play games if you feeling lucky.
3. Invest in alts but first you must investigate for yourself.
4. Maybe you can invest in small business, be innovative find yourself opportunities and share with others.

Always keep small portion in cold wallet!

1) Why you need escrow for a personal loan, it makes no sense. The borrower sends you first the collateral, and then you send them the loan. As simple as that. If he doesnt pay, you keep the collateral. If he does then he sends first the payment + interest, and you send back the collateral.

Because there are collateral scammers who will first take your collateral and never send you money.
hero member
Activity: 546
Merit: 500
January 21, 2016, 04:54:17 PM
Idle coins are safe and set in my offline wallet.
No need to store them online with an exchange. Most exchanges can't be trusted right.
sr. member
Activity: 347
Merit: 250
Activity: 2017
January 21, 2016, 04:12:17 PM
Maybe i just go to altcoins and find something to multiply my Bitcoins...
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
January 21, 2016, 03:36:25 PM
Idle coins ? Grin

1. You can give loans and profit from them. Always use escrow with legendary member with positive trust.
2. Trade on exchanges or play games if you feeling lucky.
3. Invest in alts but first you must investigate for yourself.
4. Maybe you can invest in small business, be innovative find yourself opportunities and share with others.

Always keep small portion in cold wallet!

1) Why you need escrow for a personal loan, it makes no sense. The borrower sends you first the collateral, and then you send them the loan. As simple as that. If he doesnt pay, you keep the collateral. If he does then he sends first the payment + interest, and you send back the collateral.

2) Thats stupid, gox and craptsy is an example to that

3) Haha like how 90% of alts are a scam, it's just easier if you pick 10 random alts and throw out 9 randomly, maybe you find 1 lucky one in them

4) You can actually do that, but not much with BTC but with NXT, there are many NXT business assets out there that can be invested in.
full member
Activity: 140
Merit: 100
January 21, 2016, 11:24:40 AM
I've used btcjam and loanbase to some success. I'm negative on loanbase though and am currently climbing my way out of the hole (made some bad decisions initially, but if you take away my first month in the negative, I've been positive ever since), and have always been positive on btcjam. You can use btcpop as well, but haven't made my way there yet.
legendary
Activity: 2100
Merit: 1058
January 21, 2016, 11:19:09 AM
I just tend to hodl them for now. Why spend something that may be worth a lot more someday, i will only regret it. If it fails, well, at least we tried. Tongue

Yes many people here always want to make their bitcoin to work for them. I too really hate that.
I would suggest all the people to keep their bitcoin for a while, then we can directly use bitcoins.
If we keep bitcoin ideally, then in future we do not need to sell bitcoins. Yes, keeping bitcoins ideally must be a wise decisions.
newbie
Activity: 34
Merit: 0
January 21, 2016, 10:37:51 AM
I just tend to hodl them for now. Why spend something that may be worth a lot more someday, i will only regret it. If it fails, well, at least we tried. Tongue
full member
Activity: 140
Merit: 100
January 21, 2016, 10:27:49 AM
Keep them idle, there are allot of options to invest in but nothing really get my interest, sometimes I join few investment companies and opportunities but just with a part of my coins, btc is a good investment in itself.
hero member
Activity: 868
Merit: 503
January 21, 2016, 10:10:38 AM
There is a site that I have a wallet on, but currently no coins in it because I am using them elsewhere.  It has been around long enough that I have some trust in them.  It is bter.com.  They do offer and give out daily interest based on your balance.  It is somewhere in the 10% APR range.  Withdrawals can be a little slow, but I used them for awhile and they are still there so I imagine that you can use them for a low balance holding place.  Not sure about their future, but their past is pretty good.
sr. member
Activity: 420
Merit: 250
January 21, 2016, 10:06:59 AM
My idle coins are the ones I'm saving and holding on to
I don't do anything with them, I just try to keep them as save as I possibly can.
sr. member
Activity: 308
Merit: 250
January 21, 2016, 10:03:30 AM
How can i loan from someone and how much would i get?
This is very tricky !

Lending section
Info

you provide collateral (something of value, like an altcoin, your account on this forum,...) and place it in the hands of an escrow. then the lender will give you the loan. then you pay it back on the set time with interest.
if you can't pay back, escrow will release your collateral to lender.

the amount of loan will depend on your collateral's value.

which part is tricky
How do you know how much my account is worth?
hero member
Activity: 616
Merit: 603
January 21, 2016, 09:12:44 AM
Since you've asked about my idle coins, they actually remain idle in my wallet. I'm just following the HODL concept xD. Usually I spend some amounts during Black Friday or Christmas cause of the large number of discount offers.
legendary
Activity: 3472
Merit: 10611
January 21, 2016, 09:10:51 AM
How can i loan from someone and how much would i get?
This is very tricky !

Lending section
Info

you provide collateral (something of value, like an altcoin, your account on this forum,...) and place it in the hands of an escrow. then the lender will give you the loan. then you pay it back on the set time with interest.
if you can't pay back, escrow will release your collateral to lender.

the amount of loan will depend on your collateral's value.

which part is tricky
hero member
Activity: 924
Merit: 1000
January 21, 2016, 08:52:03 AM
Just letting it rot at my wallet. Is that good?  Grin I dont really have anything to do. Besides those investment are really off. You dont know if it will be a scam in a few months or it real.

To be honest it is always best in your own wallet if you don't know how to trade. Many investments as you said just won't work out. I personally trade a little BTC/USD and invest in some alts other than that they're just sitting in my wallet as well.
sr. member
Activity: 308
Merit: 250
January 21, 2016, 08:46:04 AM
How can i loan from someone and how much would i get?
This is very tricky !
legendary
Activity: 3262
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
January 21, 2016, 08:39:37 AM
Just letting it rot at my wallet. Is that good?  Grin I dont really have anything to do. Besides those investment are really off. You dont know if it will be a scam in a few months or it real.
legendary
Activity: 3472
Merit: 10611
January 21, 2016, 08:00:33 AM
i personally prefer to invest my money in things that i can control more than others (obviously you can never predict and control with 100% certainty). so i prefer investing in trade.
i mostly play around with altcoins because of their higher volatility hence higher profit. but at the same time i trade bitcoin on the side too whenever the price is moving.
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