Topic: what should I do with 0.20247 bitcoins? - page 5. (Read 5269 times)
yeah i m not so sure about that, moreover paper wallet can be lost/ stolen easily to someone who knows the value of it
Just put that 0.2 btc in a paper wallet, and store it in a secure place for years and hopefully it will worth some big money then.
I'd take that much and invest into alt coins. Not all of it, try buying say at single coin you may think will rise in value and sell it when/if it does for a profit. Once you get some practice/experience gradually increase the amount you buy with it. Turn that 0.2BTC into 2.0BTC. Do some research first though, try to buy coins that haven't pumped up already though. Common mistake newbies make.
I hate to admit it but there are lots of gambling sites you could use the extra con on also. Take for example the linK in my Signature space below my posts.. Justa thought. 
Martingale them on PrimeDice over 20-30 rolls. Be sure to change the client seed manually each time, although the auto-roll should serve you well over such few rolls 
Hold it!
from the rsikiest to the safest option:
1)gamble (which is if you really don't care if you loose thoses coins) or invest in a ponzi scheme (game where you have no guarantee to get paid)
2)participate in any IPO (meaning you pay a premium to get your hands early on a coin you believe in, can end up in being a scam, not as valuable as you paid for it , or anything else)
3)invest in mining contracts (considering that the difficulty rises over and over with tc and that thoses contracts may not be worth anything after 3-5 months of renting)
4)lending them to someone (via escrow you are sure you will at least get your money back if you end up trading with some scamming kid)
5)use them to trade alt-coins, again there you might just loose it all on fear and dumps or even because some multipool decided to dump or buy this day.
safer options:
6)wait for bitcoin to be in another uptrend then sell whenever you are ready (bit of cash never killed anyone right)
7)invest into POS coins that already have a name in the game (PHS, HBN, TEK,.....)
8) safest option: you just buy something concrete that will rise in value for sure (guns are a good investment, government notes, stocks and options in btc)
1)gamble (which is if you really don't care if you loose thoses coins) or invest in a ponzi scheme (game where you have no guarantee to get paid)
2)participate in any IPO (meaning you pay a premium to get your hands early on a coin you believe in, can end up in being a scam, not as valuable as you paid for it , or anything else)
3)invest in mining contracts (considering that the difficulty rises over and over with tc and that thoses contracts may not be worth anything after 3-5 months of renting)
4)lending them to someone (via escrow you are sure you will at least get your money back if you end up trading with some scamming kid)
5)use them to trade alt-coins, again there you might just loose it all on fear and dumps or even because some multipool decided to dump or buy this day.
safer options:
6)wait for bitcoin to be in another uptrend then sell whenever you are ready (bit of cash never killed anyone right)
7)invest into POS coins that already have a name in the game (PHS, HBN, TEK,.....)
8) safest option: you just buy something concrete that will rise in value for sure (guns are a good investment, government notes, stocks and options in btc)
4) If you only lend money alongside with collateral, it is pretty safe IMO.
6,7) Not quite really sure if buying PoS altcoins is safer than buying bitcoin.
8) Don't forget about inflation risk for gov bonds, and investing in stocks and options in btc are a lot riskier than investing bitcoin IMO.
I sure this newbie have too much tips from here now best is lock this thread and keep these coins for some time 
mining is not profitable at the moment
Agree.
Don't forget to put electricity cost and difficulty uprising into consideration.
U can invest in a mining contract.
mining is not profitable at themoment but if OP has a very long string of patience then he can try to invest it on to pbmining or in cex but i suggest that explore first the whole forum read and think what is best for you
goodluck
U can invest in a mining contract.
Please explain and suggest links....
cex.io or pbmining.com, check those sites out, they are pretty good for cloud mining, or gamble them, if you know how to play poker gamble them at sealswithclubs.eu.
from the rsikiest to the safest option:
1)gamble (which is if you really don't care if you loose thoses coins) or invest in a ponzi scheme (game where you have no guarantee to get paid)
2)participate in any IPO (meaning you pay a premium to get your hands early on a coin you believe in, can end up in being a scam, not as valuable as you paid for it , or anything else)
3)invest in mining contracts (considering that the difficulty rises over and over with tc and that thoses contracts may not be worth anything after 3-5 months of renting)
4)lending them to someone (via escrow you are sure you will at least get your money back if you end up trading with some scamming kid)
5)use them to trade alt-coins, again there you might just loose it all on fear and dumps or even because some multipool decided to dump or buy this day.
safer options:
6)wait for bitcoin to be in another uptrend then sell whenever you are ready (bit of cash never killed anyone right)
7)invest into POS coins that already have a name in the game (PHS, HBN, TEK,.....)
safest option: you just buy something concrete that will rise in value for sure (guns are a good investment, government notes, stocks and options in btc)
1)gamble (which is if you really don't care if you loose thoses coins) or invest in a ponzi scheme (game where you have no guarantee to get paid)
2)participate in any IPO (meaning you pay a premium to get your hands early on a coin you believe in, can end up in being a scam, not as valuable as you paid for it , or anything else)
3)invest in mining contracts (considering that the difficulty rises over and over with tc and that thoses contracts may not be worth anything after 3-5 months of renting)
4)lending them to someone (via escrow you are sure you will at least get your money back if you end up trading with some scamming kid)
5)use them to trade alt-coins, again there you might just loose it all on fear and dumps or even because some multipool decided to dump or buy this day.
safer options:
6)wait for bitcoin to be in another uptrend then sell whenever you are ready (bit of cash never killed anyone right)
7)invest into POS coins that already have a name in the game (PHS, HBN, TEK,.....)
safest option: you just buy something concrete that will rise in value for sure (guns are a good investment, government notes, stocks and options in btc)
Invest 2 or 3 IPO . I think it's best way for small player at start.
well to be honest id suggest you use that .2 for normal expenses. if you care about the long term growth of bitcoin your going to want to use it as a curency not an investment
If I were you I'd consider putting the rest into an alt coin or two that you ave faith could be used widely but that is just a thought.
In my way the quickest, and best way to learn about bitcoin was to play around with it (and lose it haha) Try and gamble some through dice, casinos, Shares, lending https://bitcointalk.org/index.php?board=65.0, and sure, buy some new alt-coins and hold on to them and see what happens
Play around with them, have fun!
Play around with them, have fun!
I like the idea of investing some of it in a site or trading around with it can also be a lot of fun.
Good Luck!
Good Luck!
Should I buy other digital currencies?
Should I invest in funds? if so which ones?
Should I play with it in a stock market?
Should I invest in funds? if so which ones?
Should I play with it in a stock market?
All these options are very risky, and you will probably loose all or most of your Bitcoins.
Agree, IMO trading is very much like gambling. OP can double his bitcoin in a day, or lose all his bitcoin in a day.
Invest it in trading bitcoins to cryptocurrencies, and just play with the market buying and selling coins.
It is very risky, and you should only do this with the money you can afford to lose.
Invest it in trading bitcoins to cryptocurrencies, and just play with the market buying and selling coins.
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