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Topic: What is there to do with bitcoins these days ? - page 10. (Read 9223 times)

legendary
Activity: 1022
Merit: 1003
𝓗𝓞𝓓𝓛
Bitcoin is money, if you ever have a money than you must know what to do. You can just keep it safe till the price goes up, or you can spend it for buying anything you need. You just have to treat it like fiat, and you will know what to do.
sr. member
Activity: 490
Merit: 250
I am only trading and holding. Basic rule for me is that when the market is calm with very low volume just like it is now, I use my time to do other things instead of forcing myself to do something Bitcoin related. Holding is the best option here. Especially because I also have a job and a personal life.

Yeah, I'm doing the same thing. I only do trading and hold my bitcoin, since it's the easiest thing to do with my bitcoin.
And, sometimes I use my bitcoin to buy things like steam games, mobile load, and gift cards.
hero member
Activity: 994
Merit: 544
You could do many things with bitcoin just like what you can do to the money.  You can buy it only to a limited shops who accepts bitcoin as payment.  I use bitcoin to topup my phone and you could also pay your credit cards through it.  You can even have reservation for your next trip through bitcoin.  If you are bored and want to have some fun, you could gamble some of it. Wink
hero member
Activity: 938
Merit: 1000
Mining is over for individuals but one thing you can surely do with your bitcoin is trade, trade and trade.

That is the most effective and best way to earn more and more bitcoin using your existing holding. If you don't know how to trade, there are so many guides available for you. Take help and win the world with your trading skill. But stay away from ponzis.

That's right its better to trade rather then investing in any ponzi as there is full chance of loosing money in long run but with trading you always have an opportunity to grow your coins.
legendary
Activity: 3080
Merit: 1500
Mining is over for individuals but one thing you can surely do with your bitcoin is trade, trade and trade.

That is the most effective and best way to earn more and more bitcoin using your existing holding. If you don't know how to trade, there are so many guides available for you. Take help and win the world with your trading skill. But stay away from ponzis.
legendary
Activity: 2170
Merit: 1427
I am only trading and holding. Basic rule for me is that when the market is calm with very low volume just like it is now, I use my time to do other things instead of forcing myself to do something Bitcoin related. Holding is the best option here. Especially because I also have a job and a personal life.
member
Activity: 79
Merit: 10
DREAMS ONLINE
Besides using it as a currency it seems like its impossible to make money off of bitcoins unless you already have some serious cash , mining bitcoins is long done nd over with nd its seems like trading/exchange doesnt give you much of a profit , so im just wonding as someone just now arriving to this dead party whats there to do with bitcoin ?
As the bitcoins prices are decline for time being & i sure it will raise in coming days,so I prefer hold bitcoins.
legendary
Activity: 1120
Merit: 1000
Just hold your bitcoin and when the value increase you can earn from it, i also trade and earn but it will take time atleast i do something that i know in time i can earn. it has risk but its worth it if you try. dont be negative because you wont gain anything if you have that mindset.

if you don't do trading you will not increase your amount of bitcoin, if you just hold you will only increase the fiat value of your coin, i think the OP want to increase is amount also, i would suggest to invest in altcoin best revenue for now
exactly that's why i do trading, trade bitcoin to fiat and vice versa, trading altcoin also but i think trading altcoin is very risky than bitcoin to fiat since altcoin's price very fluctuate than bitcoin, but it's pretty fast to grow your bitcoin moreover when altcoin's price being pumped 10X.
sr. member
Activity: 672
Merit: 250
Besides using it as a currency it seems like its impossible to make money off of bitcoins unless you already have some serious cash , mining bitcoins is long done nd over with nd its seems like trading/exchange doesnt give you much of a profit , so im just wonding as someone just now arriving to this dead party whats there to do with bitcoin ?

Who says that you cannot earn bitcoins without having some cash or investing money from your pocket? I have never invested anything from my side and i'm already earning and accumulating bitcoins from a time now, and you are wrong about trading that it does not give much of a profit but it is the most profitable thing you can do with bitcoin if you are trading altcoins, but that would surely need you to have quite a good amount of bitcoins.
sr. member
Activity: 644
Merit: 261
Maybe gambling just for fun if you want to pass the time and maybe profit from it if you are lucky. Just be firm and focus with your purpose that you just want to gamble because you have some bitcoin you can afford to lose and if you are not lucky then you just get over it and moved on. You can also think of projects or sites that will let you earn bitcoin even though it maybe small but still you are earning.If you don't want to do anything then just store it in your wallet and wait for the price to increase but it would be better if you act and do something because I believe that hard work pays off.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
Well i do not do mining because electricity here in our country is very expensive plus the amount that i will get in mining is not worth it. I doesn't trade also because i'm not good at it. What i do to my Bitcoin these days is i used it to pay my bills because in our online wallet here in our country we can use it to pay bills.

Yeah that is why I dont think miners just mine bitcoins. Of course they will do other stuffs like trading or some online jobs.  Grin They have to be flexible also to maximize their profits and not just rely on what they mine.
hero member
Activity: 1134
Merit: 502
Well i do not do mining because electricity here in our country is very expensive plus the amount that i will get in mining is not worth it. I doesn't trade also because i'm not good at it. What i do to my Bitcoin these days is i used it to pay my bills because in our online wallet here in our country we can use it to pay bills.
legendary
Activity: 1946
Merit: 1137
i agree that mining is not an option on current state but i disagree on your trading statement.the profit you make from trading is always depends on you i have seen some users able to get 50% of their investment from trading and i gets only 10-15% so it depends on the amount you are trading
The trading rules, more capital = more profit , lower capital = lower profit. the amount of profit it's relied upon with your capital in you're filled with getting them.

and not to mention the higher risks with higher capital which can also lead to bigger losses in your investment. that is why you should never be greedy.

always invest what you can afford to lose not any more. being greedy even in an investment will lead to loss and regret.
hero member
Activity: 1372
Merit: 647
I started bitcoin from nothing and I used to earn through faucets and PTC sites before and now by doing some services. For me, it's not that when you enter into the bitcoin world, you'll be rich and/or you'll be earning lots of money. Earning bitcoin is like earning fiat, you must work for it, make some effort to gain it. The reason why most people are using bitcoin is because of its features and potential. You can do many things with it, trade, gamble, invest, start contests and giveaways etc. What's important is that you are happy with what you are doing with your coins.
sr. member
Activity: 336
Merit: 250
You could do the same thing as you do with your fiat money.  You could buy some cellphone load, pay your bills, loans, tuition fees, and even for reservations on bus, planes, and hotels.  Aside from investing you could earn bitcoins through trading and doing some typing and solving captchas.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
Well the really good thing about bitcoin at the moment is its ability to transfer to anywhere in the world for very little fees this is why I think it has potential but if somehow this is not the case anymore people will move onto other crypto currencies


Somehow this is not the case anymore? It will be upgraded. Why switch and not just make it more useful. I would rather think of another way to use it than change and start to trust another crypto, that will take time again.
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
i agree that mining is not an option on current state but i disagree on your trading statement.the profit you make from trading is always depends on you i have seen some users able to get 50% of their investment from trading and i gets only 10-15% so it depends on the amount you are trading
The trading rules, more capital = more profit , lower capital = lower profit. the amount of profit it's relied upon with your capital in you're filled with getting them.
hero member
Activity: 658
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
i agree that mining is not an option on current state but i disagree on your trading statement.the profit you make from trading is always depends on you i have seen some users able to get 50% of their investment from trading and i gets only 10-15% so it depends on the amount you are trading
I think both trading or buy your own mining have different benefits if you are mining its for lazy people that they dont want to work hard.. unlike in trading you should follow and study it first and you should always monitor the price for every altcoin you have.

mining would not give you reasonable profit right now in my opinion as it is really hard to mine at least for me, i think it would be way better to just go all in trading and thats it
legendary
Activity: 1638
Merit: 1046
i agree that mining is not an option on current state but i disagree on your trading statement.the profit you make from trading is always depends on you i have seen some users able to get 50% of their investment from trading and i gets only 10-15% so it depends on the amount you are trading
I think both trading or buy your own mining have different benefits if you are mining its for lazy people that they dont want to work hard.. unlike in trading you should follow and study it first and you should always monitor the price for every altcoin you have.
legendary
Activity: 1274
Merit: 1004
i agree that mining is not an option on current state but i disagree on your trading statement.the profit you make from trading is always depends on you i have seen some users able to get 50% of their investment from trading and i gets only 10-15% so it depends on the amount you are trading
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