Topic: What do you do with your idle coins? - page 26. (Read 30506 times)
I like to keep them on some form of online wallets. I have found no sites that I completely trust when it comes to getting interest without loosing all my BTC, but I also do not gamble. So I just leave them on coinbase or something similar. As price goes up, so does your stack.
A hardware/ local wallet is the thing you have to send them too.
Keeping coins on an exchange is NEVER a good idea.
Even if the exchange is really big.
Keeping coins on an exchange is NEVER a good idea.
Even if the exchange is really big.
My idle coins are safe in my wallet.
No way I would trust those exchanges with them.
Also there is no use keeping there on an exchange if I am not using them.
No way I would trust those exchanges with them.
Also there is no use keeping there on an exchange if I am not using them.
I keep a significant portion on gambling sites and the others in cold storage. Gambling sites are a great way of generating almost guaranteed profits due to the house edge. However, not all are trusted. I invest funds mostly in moneypot and the others in satoshidice.
Yeah pretty much the same as me, I'm currently investing Bitcoin and Dash in Crypto-games casino. Generating some pretty good ROI at the moment.
Haven't tried Moneypot myself, but might try that soon.
i keep it safely in a hardware wallet as i hope that bitcoin price will grow a lot in the future and it will allow me to make a lot of money out of bitcoins
i do nothing they are idle though i have only 0.05 coins
I will continue to hold to see higher prices. but I rarely make my coins idle in the wallet, the better I used to invest in mining.
Either invest or use it to convert it to fiat, don't keep it idle as it won't serve the purpose of holding bitcoins, we are here to earn money and we should earn it whenever possible either by selling a part of it and making more or investing it so that we can earn good money in future.
I will continue to hold to see higher prices. but I rarely make my coins idle in the wallet, the better I used to invest in mining.
i keep half of my earned bitcoin in hardware wallet and other half i keep in online web wallet through which i play on sports betting and earn some decent bitcoins on them. i am trying to get 1 BTC in Jan 2016 this is my aim.
I do not leave idle coins in wallet, only if moving it and not for long. Looking into cold storage - studying up on it.
If there's a thing that i want/need, then i'll use my coins
But after that? just hold it until the price rise again
But after that? just hold it until the price rise again
Exactly, that is the right thing to do as if they are idle then there must be something in our minds that we are not using bitcoins, we would surely hold bitcoins for price rise and sell it at a right time and make some profits out of it, honestly bitcoins can never be idle as we would surely keep on using it and spending it whenever we need and that is the right thing to do with bitcoins.
We should be spending more bitcoin instead of viewing it as a speculative asset
If there's a thing that i want/need, then i'll use my coins
But after that? just hold it until the price rise again
But after that? just hold it until the price rise again
Exactly, that is the right thing to do as if they are idle then there must be something in our minds that we are not using bitcoins, we would surely hold bitcoins for price rise and sell it at a right time and make some profits out of it, honestly bitcoins can never be idle as we would surely keep on using it and spending it whenever we need and that is the right thing to do with bitcoins.
If there's a thing that i want/need, then i'll use my coins
But after that? just hold it until the price rise again
But after that? just hold it until the price rise again
HODL.... That's what you should always do.
Which is akin to doing nothing. You should invest some IMO. Make your money work for you yeahhh
If there's a thing that i want/need, then i'll use my coins
But after that? just hold it until the price rise again Grin
quote author=sillug link=topic=1199587.msg13366832#msg13366832 date=1451176220]
HODL.... That's what you should always do.
[/quote]
I would say hold SAFELY.
But after that? just hold it until the price rise again Grin
quote author=sillug link=topic=1199587.msg13366832#msg13366832 date=1451176220]
HODL.... That's what you should always do.
[/quote]
I would say hold SAFELY.
I can't just let my bitcoin sit in cold storage either. I invest across several p2p bitcoin lending sites. I don't always make the rifht decisions but by diversifying my portfolio remains positive. We will see if it remains that way after the halving.
Out of curiosity what p2p lending sites do you use, and how do they maintain the security of the loans? Do they require fairly large amounts of collateral, or is it completely trust based? 
HODL.... That's what you should always do.
I can't just let my bitcoin sit in cold storage either. I invest across several p2p bitcoin lending sites. I don't always make the rifht decisions but by diversifying my portfolio remains positive. We will see if it remains that way after the halving.
I keep a significant portion on gambling sites and the others in cold storage. Gambling sites are a great way of generating almost guaranteed profits due to the house edge. However, not all are trusted. I invest funds mostly in moneypot and the others in satoshidice.
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.
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?
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?
Manipulate the Hashnest market! That's what I do. Buy when I get up at 10:00 am GMT at weekends, sell at about 6 pm GMT and make profit. There is ore demand at 6pm than at 10am GMT as 10am GMT is 4am PST and 6pm is 12:00 PST. Seems to be a ood stratagie but has chance to los soo. Not a fool proof system.
wow, I sense a whale. can I join in and ride your wave?
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