What should I do with over $4-5 worth in BTC? - page 4.

polynesia

legendary

Activity: 1358

Merit: 1000

Quote from: Buziss on August 01, 2014, 03:18:03 AM

Very true.
In the long run, the house always win and the gamblers always lose. But hey gambling is fun lol. Cheesy

In the long run................ we are all dead.

giveBTCpls

sr. member

Activity: 322

Merit: 250

Ok here's another idea. Get these little BTC in an exchange and buy some really really really low altcoin and hope it takes off, then cash out in BTC. Repeat this step until you have enough BTC to secure moon status in 10 years.

lynn_402

sr. member

Activity: 462

Merit: 253

You could try trading altcoins for fun, and maybe manage to transform that amount into something bigger.

Buziss

hero member

Activity: 896

Merit: 1000

Quote from: BitcoinMillionaire on July 31, 2014, 08:32:22 AM

Quote from: ranochigo on July 31, 2014, 06:35:31 AM

Quote from: SRG on July 30, 2014, 04:51:11 PM

Goof around with them to learn about sending, receiving and storing bitcoins. Work to add to your stash! Gamble some if that's your thing. One of the nice things about bitcoin is that you can gamble microscopic amounts of money!

Only if you can accept the fact that you can lose everything, you can gamble. People either get addicted to gambling or just thought they can win more and bet more, losing all in the end. In the long run, you would most likely lose all.

Yeah it's a war against mathematics that you just can't win. They have a house edge, meaning the longer you play the more probable it is that you lose! It's like in school! Have you ever won anything in maths classes? Haha!

Very true.
In the long run, the house always win and the gamblers always lose. But hey gambling is fun lol. Cheesy

BitcoinMillionaire

full member

Activity: 168

Merit: 100

Bling Bling

Quote from: ranochigo on July 31, 2014, 06:35:31 AM

Quote from: SRG on July 30, 2014, 04:51:11 PM

Goof around with them to learn about sending, receiving and storing bitcoins. Work to add to your stash! Gamble some if that's your thing. One of the nice things about bitcoin is that you can gamble microscopic amounts of money!

Only if you can accept the fact that you can lose everything, you can gamble. People either get addicted to gambling or just thought they can win more and bet more, losing all in the end. In the long run, you would most likely lose all.

Yeah it's a war against mathematics that you just can't win. They have a house edge, meaning the longer you play the more probable it is that you lose! It's like in school! Have you ever won anything in maths classes? Haha!

ranochigo

legendary

Activity: 3038

Merit: 4418

Crypto Swap Exchange

Quote from: SRG on July 30, 2014, 04:51:11 PM

Goof around with them to learn about sending, receiving and storing bitcoins. Work to add to your stash! Gamble some if that's your thing. One of the nice things about bitcoin is that you can gamble microscopic amounts of money!

Only if you can accept the fact that you can lose everything, you can gamble. People either get addicted to gambling or just thought they can win more and bet more, losing all in the end. In the long run, you would most likely lose all.

DjPxH

full member

Activity: 210

Merit: 100

I'd advise everyone new to Bitcoin to just put their BTC into cold storage, on a nice paper wallet and watch it grow. Of course they can take some part of it in order to get to know Bitcoin and play around, but your 'big' stash should be in cold storage, unless you exactly know what you're doing!

SRG

full member

Activity: 127

Merit: 100

Goof around with them to learn about sending, receiving and storing bitcoins. Work to add to your stash! Gamble some if that's your thing. One of the nice things about bitcoin is that you can gamble microscopic amounts of money!

Tammy Chan

hero member

Activity: 820

Merit: 1000

Quote from: ensurance982 on July 30, 2014, 02:14:49 PM

Quote from: lordscales91 on July 30, 2014, 02:09:34 PM

Quote from: jonnybravo0311 on July 28, 2014, 09:57:13 AM

As for what to do with them, purchasing a game bundle might be worthwhile since you'll at least get some hours of enjoyment from them. You could always go the gambling route, too. Be aware, though, that you spent months trying to accumulate that coin. Hopefully you can get some months of enjoyment back

Yeah, I purchased Mini Ninjas, along with other 3 games that may be good on the bundle, and it's awesome I will enjoy it. So the best option is to HODL them until another good Humble Bundle shows up XD. It will be worth, at least for me

Hey, that's a completely different take on the situation than everyone else! You are actually proposing buying something that makes fun with the bitcoins rather than investing them somewhere! Kudos! Good thinking!

And it is indeed a very good idea.
Investing with that $5 won't give you much profit, but using it to buy some games could bring you days and weeks of fun. Cheesy

ensurance982

hero member

Activity: 518

Merit: 500

Trust me!

Quote from: lordscales91 on July 30, 2014, 02:09:34 PM

Quote from: jonnybravo0311 on July 28, 2014, 09:57:13 AM

As for what to do with them, purchasing a game bundle might be worthwhile since you'll at least get some hours of enjoyment from them. You could always go the gambling route, too. Be aware, though, that you spent months trying to accumulate that coin. Hopefully you can get some months of enjoyment back

Yeah, I purchased Mini Ninjas, along with other 3 games that may be good on the bundle, and it's awesome I will enjoy it. So the best option is to HODL them until another good Humble Bundle shows up XD. It will be worth, at least for me

Hey, that's a completely different take on the situation than everyone else! You are actually proposing buying something that makes fun with the bitcoins rather than investing them somewhere! Kudos! Good thinking!

lordscales91

member

Activity: 61

Merit: 10

Quote from: jonnybravo0311 on July 28, 2014, 09:57:13 AM

As for what to do with them, purchasing a game bundle might be worthwhile since you'll at least get some hours of enjoyment from them. You could always go the gambling route, too. Be aware, though, that you spent months trying to accumulate that coin. Hopefully you can get some months of enjoyment back

Yeah, I purchased Mini Ninjas, along with other 3 games that may be good on the bundle, and it's awesome I will enjoy it. So the best option is to HODL them until another good Humble Bundle shows up XD. It will be worth, at least for me

KloseT

newbie

Activity: 27

Merit: 0

Quote from: ranochigo on July 30, 2014, 07:18:40 AM

Quote from: X11_FPGA on July 30, 2014, 05:39:41 AM

satoshidice.com

Satoshidice requires at least 0.01, minusing the transaction fees. Bitcoin is worth about $600, 0.01 is $6 which would not be the minimum amount. Their house edge is also very big, so that gamblers might not win as much as lower house edge games.

don't gamble the money no matter what anyone says

if if took a long time to earn it, it will take a long time to earn it back Cheesy

ensurance982

hero member

Activity: 518

Merit: 500

Trust me!

I'd just keep it safe and put it in a paper wallet! Much safer! The risk of falling for a scam is just too high, still!

ranochigo

legendary

Activity: 3038

Merit: 4418

Crypto Swap Exchange

Quote from: X11_FPGA on July 30, 2014, 05:39:41 AM

satoshidice.com

Satoshidice requires at least 0.01, minusing the transaction fees. Bitcoin is worth about $600, 0.01 is $6 which would not be the minimum amount. Their house edge is also very big, so that gamblers might not win as much as lower house edge games.

X11_FPGA

newbie

Activity: 17

Merit: 0

satoshidice.com

CodyAlfaridzi

hero member

Activity: 1708

Merit: 541

1. HODL!
2. Trade to altcoin
3. Gamble
4. Invest them on Paidverts Cheesy

recently they're accepting BTC for payment.

foulowl

newbie

Activity: 5

Merit: 0

I would suggest having some fun with it. Try trading with it and see if you can't increase it exponentially. Or gamble.

jjc326

hero member

Activity: 700

Merit: 500

If it's such a little amount that I means nothing to you, store in an offline wallet and just keep for years and see what happens.

Or if you don't want that hassle put it on a 10-1 long shot on some gambling website. Or donate it to a charity.

mustang77

newbie

Activity: 56

Merit: 0

Save them and cash out a decade from now.

CoinDiver

hero member

Activity: 778

Merit: 1002

How is it "OVER $4-5"? It's either over $4, over $5, or between $4 and $5.

Topic: What should I do with over $4-5 worth in BTC? - page 4. (Read 6138 times)