Topic: What to do with my bitcoin? (Read 292 times)

you can trade on it but before you go into trading you should try and gain more knowledge on cryptoccurrency and its market in order not to loose your coin.

You can do so many things with your bitcoin. First you can trade your bitcoin with some altcoins. There are so many good ICO projects. You can invest that bitcoin to ICO project. If you can't do anything with bitcoin just hold it.

buy some  btc and wait for their growth

When it comes to virtual currency, everyone will think of BITCOIN first, because Bitcoin represents the virtual currency market and it is also the base for other coin developers. Bitcoin is built on a blockchain technology. need to understand the basics like that before).

BITCOIN has been listed on the CME and CBOE markets of the United States, creating a platform for the next coin to be recognized and developed.

Step 1: Learn
The next thing you have to do is find out the following 3 currencies:

What is Bitcoin?
What is Ethereum?
What is a tether?
You have to hold on to these 3 currencies, as these three currencies are the very foundation that determines your investment fate. If you do not understand well then find out all over the network, articles, videos that help you understand them then you go offline!

Take a day to absorb them?

Step 2: Invade
After you have cleared about 80-90% of the virtual currency market through the 3 above, you need to know how to protect yourself against the hidden risks, as everything in the virtual money market is truly virtual. .

It is closely related to technology and if you do not understand it it will be very easy to lose.

The tasks to be done in this step are:

Mistakes to avoid when investing Bitcoin
These forms of virtual money investment
The term Bitcoin for Beginners
Read and equip yourself with the ability to protect your money in the market, and know how to avoid mistakes that are not worth it. Please read carefully and contemplate.

Step 3: Prepare
This is probably the most important part for you to get started in this exciting virtual currency market. Of course, making money is not always easy, so get ready for everything. The more tools you will easily conquer it.

Email: Gmail is best and better when you turn on 2-layer protection with email
Phone: The best smartphone is Iphone and have installed 2 app Authenticator or Authy (install both as possible)
Laptop / Computer: This is an indispensable tool (Win license, install antivirus software as possible)
Bank account
Tool:
Technical analysis with this tool Tradingview (free and paid)
View all coin prices in the world with coinmarketcap
Learn about technical charts (5 important signals on the chart).
Documents: Passport, identity card, hybrid license, some photos of you holding CMT and driver's license (to file in case of need to verify KYC)
Step 4: Action
To start the game you need to register a coin trading platform to be able to buy BITCOIN and the Altcoin.

Currently there are many virtual currency trading platform but within the scope of this article I only introduce the right two decks that you are required to register. As this will be the premise that you can participate in the virtual money market in the most reasonable way, if you like later you can register more trading floor.

Step 5: Practice
Once you have registered for these two exchanges, you can begin to make your transactions, by buying and selling BITCOIN, ethereum in the most basic way. Then learn about the transfer between the two floors Remitano and BINANCE.

When you practice you will understand a lot of things. But keep in mind that since you are new, spend a small amount of 2 - 5 million as a tuition fee to learn how to trade and trade.

Once you have mastered the steps and procedures, you will know how to invest. Follow what you are guiding because it is practical experience.

If you have any problems with your application, please contact us.

Important notes
If you have an idle amount, play it, or you can lose the money you have
No thanks to anyone who supports manipulating account-related issues
Learn how to secure all your accounts and information
Do not believe the welcome information, lack of base can x10, x20 account
Thoroughly examine web pages, not on sites without HTTPS
Read and understand thoroughly before investing
SUMMARY
Sure, at the beginning, it's hard for you, but if you try to read and understand and ask questions then you will definitely catch up on the trend.

In the beginning you can contact yourself via livechat and ask questions, I will support free consultation for you.

first of all you need to realize what you want: invest or trade and make profits by speculation.
speculating is more risky but may bring much more profits.

although you might not lose much while speculating as you can not use leverage for that. so, I'd rather trade BTC.

Also wanted to add that other good coins to hold are Litecoin and Ethereum, they both have big potential!

It depends what you want to do in the future, off course education is good, but if you will decide to work full time in crypto, than its one course of action and if you just want to invest a bit, the safest bet is Bitcoin.

Yeah I would rather recommend you to learn more about it. it is really good way to earn something. just look for some technical reports and try trading on some exchange

i will advice you to invest it for now knowing fully well that bitcoin is experiencing falling in worth now but by the time it shoots up again the worth of your $300 would have gone higher leaving you to more profits on your bitcoin. so invest it for now.

In my opinion, the best way for you to do is to HODL it for now. I am assuming that you are not knowledgeable on trading yet, you will be taking a lot of risk if you invest in ICO's. You need to know the basics on trading before investing on ICO's for you to minimize the risk of investing in a bad ICO. Once you are knowledgeable, you can go ahead and try investing. There are ICO's that will accept your money. You can also join bounties for ICO's, its an alternative way of earning money.

300$??? --> Hodl .... or you can invest in icos

You can give bitcoin to me))  Or buy tokens Qurrex.com 

First of all, should say that you have taken the initiative by earning $300. Please consider below & execute.

1. You should continue accumulating bitcoins as the way you did it
2. Either you can move to Trading, Holding or Investing in ICOs.
3. If you do trading be on alert on market movements, BTC fluctuations, using the crypto exchanges are core.
4. Some limitations by the governments & exchanges or other related rules can be effected for trading.
5. Holding is the best way of grabbing a good profit by investing in good projects.
6. Invest in some good ICOs to gain 2x,3x even 10X or 100X.
7. To do all these patients & your skill set is the core.

P/S: Use these useful sites to gain good knowledge. (This bitcoin Forum is one of the main sources for the crypto beginner)
- https://cointelegraph.com/
- https://icobench.com/
- https://www.coindesk.com/
- https://coinmarketcap.com/

It depends on your risk profile to invest your Bitcoins or not. The core principle of Bitcoin says that Bitcoin is a payment system so we should use it to pay the bills of goods and services but as it is another form of money, we can choose to invest in other options too but as I said, it depends on the risk profile of the investor. I would recommend you doing your own research before taking any investment decision. Holding is also an investment in my opinion.

Invest  it on icos then sell it if you know you already made a profit from it,  then invest again till your money reach 1000$, then you may start trading using that amount .

If i were you i would invest part of those 300$ in some alt-coin with a good project and strong community, an alt-coin that you belive will rise in the future: buy some and hold.
Then i would use the other part (100$?) to start trading in short term.

But before starting trading you should choose a trustable exchange (it's not easy to find), ask here in the forum for it but don't forget to do your own research, people can advice you but in the end the one who take the risks is you.

I hope to gain soon that amount and start trading too...
Good luck

to me i will suggest for you to invest it or you can a bounty program you that can yeald profit at the end of the program.

I am currently trading my bitcoins using Paxful. They're the best Peer to Peer community that I used

If you didnt tried to trade before, don't trade on the all money. Just try to trade on 50$ at first.

i just read this from other post, you can buy if the price is low and sell it again when the price is high, but need time, and patience

I think the best strategy now is to hold. BTC is going to rise continuously and if you're not educated about trading you can easily and quite fast lose everything you've earned. You can check bitcoinwiki to study trading principles first

Don't take anyone's advice about what will happen with the currency, do your homework, learn about Bitcoin and come to a conclusion. Personally I believe we are just starting, but that's my own opinion and you shouldn't consider that as investment advice as well. A few pointers for buying and holding

I personally do both. But the trading I do isn't like what people usually do(day trading). I personally only make trades like every week or so. I find day trading very tiring and my sleep has been affected negatively. Which one should you go with? Try out day trading in like maybe a day or two. If you found success with it and if you somewhat enjoy it, then probably go with it. Just make sure to not go all in with your trades. Only risk like probably less than 5% of your bank roll at every trade since you're just starting out.

I think you should consider doing some research first before speding those BTC you have. I have non but ive read some. Reasearch then try to understand it. Try to see where you could do best on most of the options available. You dont wanna get blame buly yourself at the end of the day.

I recommend you learn about trading and use Paxful.com

You should invest it, whether on other altcoins for trading or a project you believe will move up very well. 300 is not an amount you should hold for profits

Thank you so much.  Where can I read threads about ICO’s?

This really helps a lot! I have a last question though. Personally what do you prefer between trading and investing?

I went to write a reply to this post, but mjglqw has summed it up perfectly.

Find what suits not only your skillset, but also your lifestyle. Do you have time to day trade? Do you want to find a project, invest, and sit on it for months/years?

Find your niche and stick to it.

Good luck out there!

-Knightly

Everyone has their own expertise. Some are good at reading and doing research on projects probably for ICOs, some are good at day trading, some are good at  long term trades, etc. Research on all of them. Choose the one that best fits your current knowledge and what you prefer doing.

I don’t know if this is the correct discussion board to post this.

I already earned some bitcoin (around $300). Should I educate my self with trading and engage on it, should I try investing on projects? Or should I just hold it for now? I just need some tips from the experts. Thank you so much!