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Topic: What should i do after buying bitcoin (Read 1620 times)

full member
Activity: 223
Merit: 100
April 18, 2018, 12:11:18 AM
I have 20$ of bitcoin. What should i do with it instead of spending all.Tell me Pls. Cheesy
Using it for trade is not an option, and as of right now, since we don't have to many merchants using it, I don't think there is any reason to spend it. If I were you, I would just keep those coins in a desktop wallet and leave it there. If you can keep investing some more. Since the fees are low again, it's affordable to buy small amounts on an exchange and send it to a wallet.
member
Activity: 882
Merit: 13
April 18, 2018, 12:08:51 AM
I think you just have to hold it and wait for the bitcoin price to reach at least $50k, you can also try to save some fiat then buy bitcoin to increase your holdings. I don't think you can profit that much with $20 in a short amount of time.
member
Activity: 294
Merit: 10
April 17, 2018, 09:38:57 PM
The best thing to do right after investing to bitcoin is to hold especially at times like this where as it's market price is falling or low, Eventually, It will increase and will become more expensive and by that time you will earn huge profit. Then buy bitcoin again and place it on a safe wallet or something like that to keep you savings, Reminder, Make sure you do some research before investing.
sr. member
Activity: 574
Merit: 250
April 17, 2018, 06:24:05 PM
I have 20$ of bitcoin. What should i do with it instead of spending all.Tell me Pls. Cheesy

Actually mate, that amount will increase in the future as you invested in bitcoin or other crypto currency as you believe have a potential. Well, honestly that anount is too small as you want to invest. Basically, if you want a great amount of profit you must also a great amount of investment which make sense to have a great profit. I believe on what I've been investes would have a great return in the future as you will set your investment for the long term and hold as much as possible for the long perion of time.
member
Activity: 406
Merit: 10
April 17, 2018, 06:23:58 PM
Organize proper, secure storage for your bitcoin and keep improving your results. Increase your capital.
member
Activity: 596
Merit: 10
April 17, 2018, 06:14:22 PM
It is very small. Continue to save money and buy bitcoins for them. While the price is still low.
newbie
Activity: 40
Merit: 0
April 17, 2018, 04:29:45 PM
it s not worth spending it because it is a really small amount. keep it in a wallet
newbie
Activity: 41
Merit: 0
April 17, 2018, 04:21:50 PM
I would advise you to study all the news, both positive and negative, read the forum for understanding the situation, just look at the news of other currencies and their companies, you can learn a lot about the companies of their news activities and this affects the news these days, so the market works I studied,
it is important to look at the dynamics is also important, I follow the dynamics in this forum
sr. member
Activity: 1512
Merit: 326
April 17, 2018, 03:09:42 PM
I have some suggestions you can do. if your capital is 20 usd. You can invest in ico that you consider very potential. but you have to know first what coin ico you invest. and also participate in presale. not when all distributions are shared. the 2nd way. trading coin that has a small value and potential will rise. it is 2 tips to get more value usd from 20 usd. every way has a risk.
member
Activity: 392
Merit: 11
April 17, 2018, 03:06:34 PM
$20 is not much. I recommend you to open a coinbase account and keep it there. Since you don't have much there is no need to worry about keeping your coins in a wallet that belongs to an exchange. Furthermore on the upside if you ever want to sell it you could use coinbase sell option to sell and directly deposit that amount in your bank. If you are technically savvy and want to save on the fees charged, connect your coinbase to GDAX and sell over at GDAX without ANY fees! Rember you still have to pay taxes on your capital gains.
newbie
Activity: 154
Merit: 0
April 17, 2018, 03:01:25 PM
Depends on your goal , man. When you are looking for profit you just need to hold it untill price would be good at your opinion. In other cases you should think by yourself.
sr. member
Activity: 1176
Merit: 301
April 17, 2018, 02:51:32 PM
You just have to hold it and keep it safe,
And continue to invest or buy some more to gain more profit in the future once the price starts on pumping up.
sr. member
Activity: 994
Merit: 252
April 17, 2018, 02:48:42 PM
Well 20$ is only a small amount but you can make it big someday. Just hold it for long term even it is so small. Who knows? Maybe your 20$ can become thousands or more. Just be patient and it will grow.
You should make plans and list your priorities. If you want to be the next billionaire, you should invest for long term. This is because; a steady rise in the prices is often followed by a sudden sharp rise. In few years, the worth increases many times. So you shold hold them till the time the value of the coins are high enough to meet your intended level of income. The short term investment is hell lot of different and requires you to hold the coins for few days to weeks.
sr. member
Activity: 1120
Merit: 256
April 17, 2018, 02:47:23 PM
if I own after buying bitcoin certainly will keep it reach long because I believe the future will get a multiplied profit when the sale price is very high
member
Activity: 134
Merit: 10
April 17, 2018, 02:39:42 PM
The best thing to do is to buy bitcoins on a monthly basis regardless of the price. And, of course, the most important issue is holding on a secure hardware wallet. I prefer Ledger.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
April 17, 2018, 02:35:35 PM
I have 20$ of bitcoin. What should i do with it instead of spending all.Tell me Pls. Cheesy
You might consider jnvesting more money into it because that amount won't give you that much profit. Make your investment bigger in order to earn bigger profit. From that, holding will be the next thing to do until the market stabilizes.During the market downfalls,selling won't be a good thing to do because it will just cut your profit down and would miss the opportunity to earn bigger profit once the market stabilizes at a high price.
full member
Activity: 625
Merit: 100
April 17, 2018, 02:30:59 PM
20$ worth of bitcoin is a small amount, so what you'll have to do is to keep it on a paper wallet and leave it there for a very long time (that is if you're not going into trading). But note, this will take up to a year or two in other to become something of more worth.
OR
You buy some more now as the price is on a deep and keep them or go into trading.
sr. member
Activity: 896
Merit: 290
April 17, 2018, 02:28:59 PM
take your bitcoin and put it into alt coins that you think will do well, your long on btc no matter what, so try to turn your bitcoin into more
full member
Activity: 308
Merit: 100
April 17, 2018, 02:22:10 PM
I have 20$ of bitcoin. What should i do with it instead of spending all.Tell me Pls. Cheesy

its a very small amount of bitcoin but still you can make something out of it if you bought it during the market dip where the bitcoin's value is very low, but my suggestion is you just trade your bitcoin with into other altcoins with that amount you can still buy a good number of atlcoins to hold which will give your 20$ a better potential for growth and profit.
sr. member
Activity: 658
Merit: 256
Freshdice.com
April 17, 2018, 02:12:04 PM
I have 20$ of bitcoin. What should i do with it instead of spending all.Tell me Pls. Cheesy
The best thing to do is to hold. But I think if that's the case you should buy more Bitcoin because holding that amount will not be that much profitable. The bigger your amount of holding, the bigger your profit will be. Also,at this moment the market value is still low and is just starting to rise. You'll be able to earn bigger profit as itd market value continues to grow.
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