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Topic: What to do with Bitcoin? - page 8. (Read 6324 times)

hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
September 21, 2016, 12:52:45 AM
#72
i think i will just hold my bitcoin in my wallet, because right now i see on poloniex and other market, the rate of bitcoin will get down and i am not sure until where its going down. so for me, better to hold it for a while and waiting next movement of the price.
hero member
Activity: 1204
Merit: 500
September 21, 2016, 12:40:45 AM
#71
I think i will save it, because 100$ is not much, and if we keep it in bitcoin form then for sure the price can go up, so bitcoin is a very good investment tool, if you already reach 100$ try to earn more, you will enjoy a bigger reward in the end
I used some bitcoin for trading and some else for play gambling, although just for small amount and got small profit from trading but i still save it. And the amount are not up to 100$, but i am sure it will more go up.
I think almost everyone who has a bitcoin, bitcoin uses they have for trading, even I also do it. apart from that I also try to invest in a few places where I felt I could make a profit, but if I need the money, I guess redeem the dollar is also something I often do
legendary
Activity: 3472
Merit: 10611
September 21, 2016, 12:29:17 AM
#70
This is actually a funny question to me, because I think the same thing sometimes.  Bitcoin to me is for saving, because you're exactly right--once you've saved up 0.20BTC from sig campaigns or whatever, do you really want to spend it?  I don't.  If I got paid in BTC, that'd be another matter, but I don't.  I get paid in US dollars, and things are priced in US dollars where I live, not bitcoin.  So my answer is, do absolutely nothing with your bitcoin.  Save it for a rainy day, and hopefully it'll increase in value in the meantime.

well, i do both and i am happy with my choices.
i think you need to learn to accept bitcoin as a currency then you can decide easier. for example i am earning bitcoin (getting paid or whatever) and i have expenses too. for example if i want to buy something online like a vpn subscription, buy a game or many other things, i prefer to spend my bitcoin instead of using credit card. and at the same time i have my investment in bitcoin that i have put away for the rainy day.
legendary
Activity: 3458
Merit: 6948
Top Crypto Casino
September 20, 2016, 10:50:01 PM
#69
This is actually a funny question to me, because I think the same thing sometimes.  Bitcoin to me is for saving, because you're exactly right--once you've saved up 0.20BTC from sig campaigns or whatever, do you really want to spend it?  I don't.  If I got paid in BTC, that'd be another matter, but I don't.  I get paid in US dollars, and things are priced in US dollars where I live, not bitcoin.  So my answer is, do absolutely nothing with your bitcoin.  Save it for a rainy day, and hopefully it'll increase in value in the meantime.
full member
Activity: 210
Merit: 100
September 20, 2016, 10:49:05 PM
#68
I think i will save it, because 100$ is not much, and if we keep it in bitcoin form then for sure the price can go up, so bitcoin is a very good investment tool, if you already reach 100$ try to earn more, you will enjoy a bigger reward in the end
I used some bitcoin for trading and some else for play gambling, although just for small amount and got small profit from trading but i still save it. And the amount are not up to 100$, but i am sure it will more go up.
hero member
Activity: 1540
Merit: 507
September 20, 2016, 10:48:13 PM
#67
there's so much to do with bitcoin.. you can have it invest to a reliable site.. but invest only what you can afford to lose. another is, you can purchase items and goods to those merchants who accepts bitcoin as mode of payment. just use your bitcoin wisely!
Too difficult for finding the reliable site for investing your bitcoin, like ponzi,hyip and cloudmining site?let's forgetting them maybe the ico can becoming the best way for investing your money in this time and bu the risky is so high i believe it.
member
Activity: 70
Merit: 10
September 20, 2016, 10:37:05 PM
#66
there's so much to do with bitcoin.. you can have it invest to a reliable site.. but invest only what you can afford to lose. another is, you can purchase items and goods to those merchants who accepts bitcoin as mode of payment. just use your bitcoin wisely!
legendary
Activity: 2030
Merit: 1030
Privacy is always important
September 17, 2016, 12:59:55 PM
#65
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 in my opinion try to trade that amount in any trading site.. but first better to start in small amount and learn how trading works and try some strategy and asking to other how you can trade.. so that if you have a good experience and learn you can make a good amount of earnings there..

I agree with this statement. Well the truth is  that is my starting in trading. I loose but it  just a small amout. I loose but i learn from it. The only important is when you lose learn from it that is trading. Also build your patience , prediction and be kind of people that is really risky.
The more you have experience the more you can do best in trading so dont worry about your lose because its just a part of your study.. and expect that you can do tricks or strategy in trading if you learn a lot.

hero member
Activity: 672
Merit: 500
September 17, 2016, 12:59:40 PM
#64
There are many ways that you can do with bitcoin and it depends on an individual how he wants to treat his coins as some views it as an long term investment and some believes in making quick profits from trading.
sr. member
Activity: 616
Merit: 262
September 17, 2016, 12:48:53 PM
#63
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?

When I reach that $100 worth then I would put half of it in an exchange and then trade so that I can make more BTC and the other half I would retain in my wallet in case there are other opportunities that I can invest in or some emergency and I would need funds then I would have a source already. As for trading, I already have an idea of how it works because I've done it before and though losing is really inevitable when it comes to trading, I would still prefer it over gambling because I will not totally lose all my funds in case the one I'm trading is going the other way.
hero member
Activity: 672
Merit: 503
September 17, 2016, 12:23:17 PM
#62
I will never prefer to hold them for a long term, as holding is really a very boring process for me, in fact I would prefer to take some risk and invest my all coins in trading to make quick profits.
legendary
Activity: 1666
Merit: 1001
September 17, 2016, 12:00:08 PM
#61
I think i will save it, because 100$ is not much, and if we keep it in bitcoin form then for sure the price can go up, so bitcoin is a very good investment tool, if you already reach 100$ try to earn more, you will enjoy a bigger reward in the end
legendary
Activity: 966
Merit: 1006
September 17, 2016, 11:57:08 AM
#60
$100 could be really big amount for developing countries so i will try to withdraw atleast half for my pocket money and try my luck in altcoin trading with remaining half.
hero member
Activity: 812
Merit: 1000
September 17, 2016, 11:54:19 AM
#59
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?
Well.. i use some bitcoin for trading altcoins and it makes my bitcoins growing up although just a little, but if be compared with saving bitcoin it is more better. I think you have to try trading altcoins of course with low amount of capital for first time.

Correct, that is the best way to multiply your coins, and altcoin trading is getting more attention from the people at a moment as it can give you some huge profits in quick time.
legendary
Activity: 910
Merit: 1000
September 17, 2016, 11:28:12 AM
#58
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?
Well.. i use some bitcoin for trading altcoins and it makes my bitcoins growing up although just a little, but if be compared with saving bitcoin it is more better. I think you have to try trading altcoins of course with low amount of capital for first time.
hero member
Activity: 910
Merit: 1000
September 17, 2016, 11:27:00 AM
#57
Depends on your current situation. Are you able to eat three times a day? Are you short in terms of budget? If you're answer to both of these questions is 'No', then why would you sell Bitcoin? Are you impatient? Can't wait for the price increase? You're going to wait a lot if you want to earn out of Bitcoin-to-USD trading.

If you have an emergency and you need some money, there's no reason why you shouldn't withdraw your coins. Remember, you earned those money so you could spend them on something, not so that you could hold on them forever.
Keeping bitcoin unused is the worst thing to do with, there is no point in simply holding them without using at the time of emergencies, and if you are never gonna spend them then its better not to collect them.

Holding bbitcoin sometimes is a good idea. But should also knowing that keep use bitcoin and always make a transaction with bitcoin and buy or pay something with bitcoin is so important thing that can growing up bitcoin in the future.

Yes and  if everyone will keep on holding their coins then it will  never contribute to higher price of bitcoins, no doubt its an investment for us but we should also spend them to help the economy.
hero member
Activity: 672
Merit: 500
September 17, 2016, 11:22:38 AM
#56
Depends on your current situation. Are you able to eat three times a day? Are you short in terms of budget? If you're answer to both of these questions is 'No', then why would you sell Bitcoin? Are you impatient? Can't wait for the price increase? You're going to wait a lot if you want to earn out of Bitcoin-to-USD trading.

If you have an emergency and you need some money, there's no reason why you shouldn't withdraw your coins. Remember, you earned those money so you could spend them on something, not so that you could hold on them forever.
Keeping bitcoin unused is the worst thing to do with, there is no point in simply holding them without using at the time of emergencies, and if you are never gonna spend them then its better not to collect them.

Holding bbitcoin sometimes is a good idea. But should also knowing that keep use bitcoin and always make a transaction with bitcoin and buy or pay something with bitcoin is so important thing that can growing up bitcoin in the future.
hero member
Activity: 812
Merit: 1000
September 17, 2016, 10:48:43 AM
#55
You have 3 options.
Buy, hold or sell (spend).
If you have available funds and don't have good business or idea where to spend it, than buying BTC is good and long term idea how to earn.
If you don't like gambling, trading or don't need to buy some digital products online than just simple hold BTC funds in your wallets and you will be fine.



Yeah if you cannot afford to take any risk then the best option would be to hold them for the future but make sure that you have enough number of coins to earn best profits.
legendary
Activity: 3374
Merit: 1824
September 17, 2016, 09:23:19 AM
#54
You have 3 options.
Buy, hold or sell (spend).
If you have available funds and don't have good business or idea where to spend it, than buying BTC is good and long term idea how to earn.
If you don't like gambling, trading or don't need to buy some digital products online than just simple hold BTC funds in your wallets and you will be fine.

legendary
Activity: 840
Merit: 1000
September 17, 2016, 09:20:01 AM
#53
Depends on your current situation. Are you able to eat three times a day? Are you short in terms of budget? If you're answer to both of these questions is 'No', then why would you sell Bitcoin? Are you impatient? Can't wait for the price increase? You're going to wait a lot if you want to earn out of Bitcoin-to-USD trading.

If you have an emergency and you need some money, there's no reason why you shouldn't withdraw your coins. Remember, you earned those money so you could spend them on something, not so that you could hold on them forever.
Keeping bitcoin unused is the worst thing to do with, there is no point in simply holding them without using at the time of emergencies, and if you are never gonna spend them then its better not to collect them.
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