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Topic: What to do with Bitcoin? - page 4. (Read 6324 times)

hero member
Activity: 798
Merit: 1000
September 24, 2016, 10:18:45 AM
Its an long term investment for me so I am holding majority of my coins for the future and have invested some of them in altcoin trading platform where I am earning small but regular profits.
newbie
Activity: 14
Merit: 0
September 24, 2016, 10:16:01 AM
YOU can order hotel room in thailand with bitcoins Smiley
hero member
Activity: 924
Merit: 1000
Lick me like a lolipop
September 24, 2016, 08:34:01 AM
Depends on your situation and your location. If you're surrounded by people that is doing Bitcoins and support bitcoin, then you can sell some Bitcoin printed shirts and maybe even make a customized one that has a QR code. You could also do altcoin trading. Holding your Bitcoin isn't a bad decision but it isn't the best decision to make, as well.

Yup holding can prove to be an wrong decision if price falls in future, so its better to work on it and try to make efforts in growing them by investing them in some good altcoins to make regular profits.
hero member
Activity: 826
Merit: 502
September 24, 2016, 08:31:38 AM
Depends on your situation and your location. If you're surrounded by people that is doing Bitcoins and support bitcoin, then you can sell some Bitcoin printed shirts and maybe even make a customized one that has a QR code. You could also do altcoin trading. Holding your Bitcoin isn't a bad decision but it isn't the best decision to make, as well.
hero member
Activity: 938
Merit: 1000
September 24, 2016, 08:25:51 AM
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?

Continue doing the various services and signature campaign and then the amount you earn, invest it somewhere else that is not HYIP because you will just lose it when you invest it there. Maybe there is a chance that you will get it back but it's more likely that you will just be scammed. Invest it in a reputable company/site or you can do trading. Trading would take sometime before you can really grasp it but it would be worth it.

Using them in trading is a good option in compare to investing them in any online site, as the site may look genuine externally but we can never come to know what their main intentions are.
hero member
Activity: 714
Merit: 500
September 24, 2016, 07:40:30 AM
BTC BTC BTC buy entier house with for mining's bitcoins !!!

Something quite simple and good to do. However it is better we use bitcoin on something that give you an advantage in the future and not only give an advantage to us in the present, because it is much more fun
newbie
Activity: 14
Merit: 0
September 24, 2016, 07:38:13 AM
BTC BTC BTC buy entier house with for mining's bitcoins !!!
sr. member
Activity: 616
Merit: 252
September 24, 2016, 06:32:00 AM
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?

Continue doing the various services and signature campaign and then the amount you earn, invest it somewhere else that is not HYIP because you will just lose it when you invest it there. Maybe there is a chance that you will get it back but it's more likely that you will just be scammed. Invest it in a reputable company/site or you can do trading. Trading would take sometime before you can really grasp it but it would be worth it.
hero member
Activity: 1190
Merit: 534
September 24, 2016, 06:26:44 AM
Well first of all understand that the bitcoin is not different as compared to other financial instruments in terms of valuation of assets so we should treat it in the same way that we treat money. So if you have $100 in bitcoins then do the same what you wish to do if you had $100 cash or usd balance. I would suggest you to spend 30% part of it for your regular transactions and invest rest 70% part at some good options.
hero member
Activity: 910
Merit: 1000
September 24, 2016, 05:40:41 AM
So after a while of earning some bitcoin from doing various services and signature campaigns, when you reach like $100 worth of BTC in your wallet, what exactly do you do with it? Just hold it till the rate is high and make some profit and then start all over again or what?
Just holding your Bitcoins wouldn't make that much profit. In that 100$, you'll only get a maximum of 10-15$ depending on your timing and the price increase. Doing altcoin trading would make you earn that 10-15$ from short trading if you're lucky. Long trading gives you more profit only if the coin gets recognized by a lot of people and gets a lot of buyer.

That's right, playing with them in trading is the best choice instead of simply holding them, and even after holding them longer the profit will depend on the price of bitcoins.
legendary
Activity: 1008
Merit: 1060
September 24, 2016, 05:37:52 AM
So after a while of earning some bitcoin from doing various services and signature campaigns, when you reach like $100 worth of BTC in your wallet, what exactly do you do with it? Just hold it till the rate is high and make some profit and then start all over again or what?
Just holding your Bitcoins wouldn't make that much profit. In that 100$, you'll only get a maximum of 10-15$ depending on your timing and the price increase. Doing altcoin trading would make you earn that 10-15$ from short trading if you're lucky. Long trading gives you more profit only if the coin gets recognized by a lot of people and gets a lot of buyer.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
September 23, 2016, 10:58:42 PM
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 will withdraw it to my friends, not all of my bitcoin, but only some amount that i think is enough to pay my expenses on daily. for the rest of my bitcoin, i will hold for half amount in my wallet, and the other half, i use it to make trading and i hope i can make it grow so i can have more bitcoin in my wallet.
hero member
Activity: 756
Merit: 503
Crypto.games
September 23, 2016, 09:27:51 PM
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 use it as a currency so, I buy things I want, some are put into investments, some I use for gambling,
and I also sell some for pocket money. I also keep some on my wallet which I add to every week, just like savings.
When the price is really down I usually don't sell and spend rather, I take the opportunity to buy and hold, then I wait till the price is up again before I use it like normal.
sr. member
Activity: 686
Merit: 260
September 23, 2016, 09:18:19 PM
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?

For me, I'll use some of my bitcoin for trading to earn quick profit and save the rest for holding.
With that amount, I think just hold it won't get much profit, since bitcoin price isn't quite volatile these days. Maybe I'll have to wait next halving to get much profit because when halving comes, bitcoin price tends to rise up high.

So you are willing to hold your coins for next 4 years without doing anything with them? I will surely not prefer to simply hold them that long, instead I will keep on playing with them in trading to earn regular profits.

Agree if yyou hold it then cant earn really a lot of it.! But if you used it in trading or in other things then you can make it double or more.! But if you want to stay safe then its your choice but you can earn more out of it Cheesy
hero member
Activity: 1008
Merit: 540
September 23, 2016, 09:14:23 PM
I am not doing anything with bitcoins at a moment, I am simply earning it and holding them for future without taking any risk of investing it anywhere so that I can make good profits in future.
WHy dont you try to invest your bitcoin while waiting for the price increase? how about if the bitcoin price decrease and your just holding your bitcoin for sure you will be disappointed right ? because you didn't earn and if you are going to invest that while waiting then take the risk.
legendary
Activity: 2436
Merit: 1102
September 23, 2016, 07:01:27 PM
All the coins that I have at a moment are invested in different altcoins and its a great feeling to make profits on regular basis, and its surely better option then holding  them and keeping them idle in wallet.
sr. member
Activity: 434
Merit: 250
September 23, 2016, 06:37:16 PM
Do the same thing you do with a fiat currency: SPEND, USE, GIVE 5 TO A FRIEND
You will not be rich with $100, just move it, spend in alts if you are expecting a big earning from especulation!
hero member
Activity: 812
Merit: 1000
September 23, 2016, 05:55:17 PM
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?

For me, I'll use some of my bitcoin for trading to earn quick profit and save the rest for holding.
With that amount, I think just hold it won't get much profit, since bitcoin price isn't quite volatile these days. Maybe I'll have to wait next halving to get much profit because when halving comes, bitcoin price tends to rise up high.

So you are willing to hold your coins for next 4 years without doing anything with them? I will surely not prefer to simply hold them that long, instead I will keep on playing with them in trading to earn regular profits.
sr. member
Activity: 490
Merit: 250
September 23, 2016, 04:00:27 PM
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?

For me, I'll use some of my bitcoin for trading to earn quick profit and save the rest for holding.
With that amount, I think just hold it won't get much profit, since bitcoin price isn't quite volatile these days. Maybe I'll have to wait next halving to get much profit because when halving comes, bitcoin price tends to rise up high.
legendary
Activity: 2030
Merit: 1030
Privacy is always important
September 23, 2016, 12:25:17 PM
There are many things you can do with bitcoin, i usually use my bitcoins for trading and gambling because i am a gambler and trader. I also have some bitcoin and hold it until the price of bitcoin increase.
yeah I think there are many things you can do using bitcoin, such as investing, shopping, or others, you can select it as you wish, but of course I want to choose to grow it

If you want to grow them then you need to take help from trading, holding them is good but eventually it will not increase the number of coins in  your wallet, but with trading you can expect that.
Yes, trading and holding bitcoin will have very significant differences, but if you are looking for staying safe without risk, holding bitcoin is highly recommended. As it is completely risk free, you cannot expect immediate benefits out of it.

Whereas trading bitcoin will give you more benefit on daily basis, still it will have many risk associated with it, but it will give you chances to develop your skills so that you could minimize risks when gaining experience.

The only risk in holding them is that you may suffer loss if price falls in future, but that is unlikely to happen as we may witness some best and higher price in future.
exact, holding can provide huge losses, prices can fall quickly in trading cryptocurrency. only half an hour may be less than half hour the price may fall to the lowest point.
If you choose to trade you should monitor the price every hour if you dont mange and monitor the price what altcoin you hold you will be lose so better always check the price and monitor the chart..so that you can take action once the price is going down or increase..
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