Topic: What to do with Bitcoin? (Read 6356 times)
if I have a lot of bitcoin whether from the tap or from a signature campaign, I would probably make bitcoin trades. I want to extend my bitcoin to make bitcoin trades. so that I can reproduce bitcoin from trading.
You can do anything you want with it. You can give it to someone if you feel like. You can gamble if you're bored. You can do trading with it if you want to have more. Or you can just hodl it until you can convert it to fiat in a price you are satisfied.
So after a while of earning some bitcoin from doing various services and signature campaigns, when you reach like $100 worth of BTC in your wallet, what exactly do you do with it? Just hold it till the rate is high and make some profit and then start all over again or what?
I collect bitcoin to fulfill some daily needs. so if I have that amount, I will buy a house, go abroad with my family, build a school, buy a car, a motorcycle, and a bicycle; and many more.
besides, I will make some business to keep earning profit.
if I have collected many bitcoin, whether it be from the signature campaign, or from the faucet for free: D. I'm going to hold him first. because my belief is wanted to make a lot of first bitcoin. after that I would trade the bitcoin. 
So after a while of earning some bitcoin from doing various services and signature campaigns, when you reach like $100 worth of BTC in your wallet, what exactly do you do with it? Just hold it till the rate is high and make some profit and then start all over again or what?
If you gain bitcoin in any signature campaign, maybe some of your profit which is bitcoin, you must hold it for awhile then the other coins must roll again to make it grow your bitcoin through trading. Or join again in a Potential ICO signature campaign.
It's entirely up to the individual what he desires to do with his bitcoins, it is his money anyways. If you think the price is high enough to be sold and you've gain a lot of profit already, then go ahead and sell. If you are the gambling type, there are so many gambling sites that accept bitcoin. If you are into trading, then altcoin trading is the way to go.
I wonder if one day local stores can take BTC in major cities
For me if you want a long term earning, i suggest that you keep your bitcoin and wait for the price to increase. Which will require you to have a lot more of patience. But if you want short term, then maybe you may engage your self in trading. But make sure to invest only what you can afford to lose. Since trading requires experience and analysis on how you will be able to gain in th unpredictable market.
Yes trading without any knowledge and experience just such as gambling so we just guess the price will rise or fall. So better we keep our bitcoin or spent it for our daily need. Do not take a step before we know what will happen next.Well if you don't want to gamble and you are scared of risk in trading because you don't have knowledge then you can just hold your bitcoins and that is what I am doing, because I am sort of busy with my real life businesses and I am taking some online courses for my mastery related to technology so I'm focusing more with it. And upon doing nothing with my bitcoins, it makes me convinced that bitcoin is a great investment.
So after a while of earning some bitcoin from doing various services and signature campaigns, when you reach like $100 worth of BTC in your wallet, what exactly do you do with it? Just hold it till the rate is high and make some profit and then start all over again or what?
it's depends on your situation , if you are in need or if ever there's something you really want to buy we will not bother you to hold all your coins . but it would be nice if you are going to do it until the rate goes higher just like what happening at this moment .
For me if you want a long term earning, i suggest that you keep your bitcoin and wait for the price to increase. Which will require you to have a lot more of patience. But if you want short term, then maybe you may engage your self in trading. But make sure to invest only what you can afford to lose. Since trading requires experience and analysis on how you will be able to gain in th unpredictable market.
But you invest only in BTC and wait for prices to go up to sell then chances for losing money is quite less unless one wants to go for altcoin trading. Altcoin trading needs a lot of knowledge and also need some luck otherwise difficult to make money from those trades. I only do the BTC and USD trades and so for made a good profit.
For me if you want a long term earning, i suggest that you keep your bitcoin and wait for the price to increase. Which will require you to have a lot more of patience. But if you want short term, then maybe you may engage your self in trading. But make sure to invest only what you can afford to lose. Since trading requires experience and analysis on how you will be able to gain in th unpredictable market.
Yes trading without any knowledge and experience just such as gambling so we just guess the price will rise or fall. So better we keep our bitcoin or spent it for our daily need. Do not take a step before we know what will happen next.
For me if you want a long term earning, i suggest that you keep your bitcoin and wait for the price to increase. Which will require you to have a lot more of patience. But if you want short term, then maybe you may engage your self in trading. But make sure to invest only what you can afford to lose. Since trading requires experience and analysis on how you will be able to gain in th unpredictable market.
So after a while of earning some bitcoin from doing various services and signature campaigns, when you reach like $100 worth of BTC in your wallet, what exactly do you do with it? Just hold it till the rate is high and make some profit and then start all over again or what?
I think we have to wise for using our bitcoin, may be we still need to leave some part of our bitcoin in the wallet for investment that usefull in the future. 100 % Is not so big amount to spent for buy worth thing. I think I keep earning until tye amount of my bitcoin reach $ 500 , then if it done I will use it to buy a car or pay my study in university.
Personally, I would trade it and make more Bitcoin. It has worked for me for the last year and I have made a lot of money from trading. However, don't trade big unless you know what you are doing. Trading can sometimes be a double edged sword, if you are new to it. Therefore, I would suggest one to learn from more experienced friends who are traders, before actually trading yourself.
Due to some recent problems im being forced to sell almost all of my bitcoins, soo i must delay a bit the project im working. Each user can and know what to do with the coins he gots.
What's your purpose of collecting it? do you have special reason on why you are collecting bitcoins like keeping it for years and wait til the price increase came in? Or you are collecting bitcoin because you want to earn for your daily living?
In my experience, after collecting it, when I need money, I don't have a second thought, I convert it to fiat, but since this days I already have a job, I am now dividing my coins into two when I receive it, half of it will be for my storage and the other half will be for the things I crave to buy.
Everyone have their own reason I thought, I like to earn bitcoin and hold it as my long term investment.In my experience, after collecting it, when I need money, I don't have a second thought, I convert it to fiat, but since this days I already have a job, I am now dividing my coins into two when I receive it, half of it will be for my storage and the other half will be for the things I crave to buy.
The increasing prise very attempting of course to sell my coin but I'm intended to savings it and convert it into fiat money, then buy bitcoin when the halving happen or price decline.
for the lazy:
you can only make a cold storage and hold bitcoin for a long time and for the future that price has gone up a lot to sell or use as you like.
for the not so lazy:
you can invest it in a business by starting one yourself, or you can start trading with it to make some profit and add to the big stash
you can only make a cold storage and hold bitcoin for a long time and for the future that price has gone up a lot to sell or use as you like.
for the not so lazy:
you can invest it in a business by starting one yourself, or you can start trading with it to make some profit and add to the big stash
To do with bitcoins with bitcoin will really depend on the situation or condition of time. In fact, bitcoin can be use for anything, it can be use for good and bad things actually, it can also give hope to other's too that who are totally hopeless because they are financially broke and etc.
It is not what you should do with your bitcoin, it is who should you tell about your bitcoin? You need to tell more people about what bitcoin is. This will bring more attention to the currency and allow more people experience what it has to offer them.
Have you actually tried this?
I've met...two or three people that were actually interested in it, or already knew about it / had some. 99% of the people I've tried discussing bitcoin/crypto with were ignorant, dismissive, or just looked at me like I was the stupid one. 'but where does it come from?' they ask. 'where actually is it?' they ask. 'it isn't backed by anything,' they argue.
I ask, 'Can you show me proof of all this gold that supposedly backs the US dollar?' or 'If bitcoin's value based off interest is bullcrap, why is the dollar valuable while the Fed endlessly prints more out of thin air?'
99% of the people I talked to argued that bitcoin was worthless because it wasn't backed by gold or believed it was worthless, because it 'came out of nowhere'........yet still, defended the fiat in their pockets without being able to answer the same questions
I will continue to mendapatkani bitcoin. and I will while investing in the trading world. I think that when I work hard so I can get the results I expected. I have future goals and I want to make the people I love happy.
Jump to: