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Topic: What would you do with 10K USD in Bitcoin (Read 4439 times)

hero member
Activity: 658
Merit: 500
July 03, 2013, 06:25:00 PM
#46
it's whatever your comfortable with I am personally taking 8k buying in with other on a uber super GH miner (don'e ask me which one, still working it out based mostly on who can deliver on time.. he he)  and some in www.coinlenders, and some Triple B Mining bonds.

I want to use my BTC to help build the community not stick it cold wallet. (though the cold wallet is by far the most sensible idea!!)
hero member
Activity: 980
Merit: 500
FREE $50 BONUS - STAKE - [click signature]
sell it on different markets at once.
hero member
Activity: 1316
Merit: 503
Someone is sitting in the shade today...
Watch the coming BTC crash. Buy BTC back, invest in ASICMiner., Put in a cold wallet and be patient.

fixed
hero member
Activity: 1036
Merit: 500
Buy 100 BTC, put it in a cold wallet and be patient.

/thread
newbie
Activity: 58
Merit: 0
Watch the coming BTC crash. Buy BTC back, invest in ASICMiner.
member
Activity: 101
Merit: 10
Life Goes On !
nice post navidos, good and thought provoking post.  Smiley

I agree with all above that holding bitcoin in cold wallet, is by far the most sensible approach.

You have not mentioned what you are hoping at getting out of the $10,000

are you wanting to to double it in 6months? or get a cashflow income of 4 BTC a month?




Welcome.

I'm really confused ! Dono what to do exactly .

Now I'm doing some trade but not that much.

I prefer to double it on 6 months but not sure if it's possible in BTC or not.
hero member
Activity: 658
Merit: 500
nice post navidos, good and thought provoking post.  Smiley

I agree with all above that holding bitcoin in cold wallet, is by far the most sensible approach.

You have not mentioned what you are hoping at getting out of the $10,000

are you wanting to to double it in 6months? or get a cashflow income of 4 BTC a month?


full member
Activity: 167
Merit: 100
Hoarding as many bitcoins as I could, picking the right moment to enter the market.
member
Activity: 103
Merit: 10
I think it started to fall down.
but in declining trend. I dont think it grows on 120 usd in next week,

229650.msg2534289#msg2534289 date=1371759658]
I would put all the 10,000 USD in Bitcoin, Bitcoins prices are low right now and I think they will shoot up to new highs soon.
[/quote]
legendary
Activity: 1372
Merit: 1008
1davout
Place Pre Orders

Yeah, do just that.
hero member
Activity: 532
Merit: 500
I would put all the 10,000 USD in Bitcoin, Bitcoins prices are low right now and I think they will shoot up to new highs soon.
hero member
Activity: 490
Merit: 500
Me, personally?  I'd be torn between just saving it for when the value of BTC hopefully increases like crazy making you very wealthy from that investment.  Or, alternatively, investing directly in bitcoin businesses using either one of the bitcoin stock markets or bitcoin starter.
legendary
Activity: 1148
Merit: 1001
I am assuming that the 10K is extra money you have to invest without major risk in case of loss?

I am not an expert in mining so I cannot offer any advice there.

My husband and I had the brilliant plan of buying very slowly, just a few a month, when we first decided to get into bitcoin and this was when the price was at $48.  Two weeks later the price was $90.  A week later $200 and then $266!  Of course, we decided to buy more as it was rising during the "bubble".  We did not sell at the top, like some smarter ones did. Our average is about $120 for the small amount we have.  Unfortunately we are underwater but we were of the mindset to buy and hold all along. 

That said, I would say buy as soon as possible and then hold.  Yes, prices could go down a little, you can decide if you want to speculate with some of the coin, but if you feel this is a good investment, as many of us really do, then just buy and hold, especially if the investment is not too risky for you.  At today's prices you are doing better then some of us that started sooner.

My two cents. Smiley
sr. member
Activity: 938
Merit: 250
bitcoin isnt going anywhere anytime soon.... but difficulty is, of course.  dont buy mining equipment, "to mine".  Buy and sell the coins. Peace.
newbie
Activity: 45
Merit: 0
just keep your coins in an offline storage system and forget about them, if you are trying to invest your coins to get more coins then you could look into joining tradelenders or possibly playing the exchange, just my 2 cents...
member
Activity: 101
Merit: 10
Life Goes On !
How about trading BTC ?
legendary
Activity: 2324
Merit: 1125
Buy 100 BTC, put it in a cold wallet and be patient.
legendary
Activity: 1190
Merit: 1001
Unless you really know what are you really doing (not because someone just advertised you), is better you just keep your coins in cold wallet. After, when you really find a good opportunity, invest!
full member
Activity: 144
Merit: 100
I would search high and low for a project that you connect with & believe in; negotiate a stake in the business.  Better yet, keep the funds for your own btc startup. You might want to lok into Vanity addresses and Hierarchical Deterministic Wallets:
https://en.bitcoin.it/wiki/BIP_0032

Most importantly, if you are going to be moving around 10k in btc, make sure you reeeealy know what you're doing, take extreme security precautions, and don't be afraid to ask for help.
hero member
Activity: 602
Merit: 500
Vertrau in Gott
Click here https://bitfunder.com/asset/G.ASICMINER-PT and buy yourself a stack of asiciminer shares. They are the best investment at the moment. Their price goes up and the dividends are pretty neat!

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