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Author Topic: What do you do with your btc?  (Read 55804 times)
starmman
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August 14, 2016, 09:07:42 PM
 #1081

I'm 100% investing right now - some holding, and some invested in trading Alt with BTC. The trading is doing pretty well with XMG my top performer so far. I plan to spend a percentage of profits when my balance hits a certain threshold - but still a little away from that threshold until now - so until then, investing!
MTBTT
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August 14, 2016, 09:32:02 PM
 #1082

Best way is invseting or saving for a long term, but you should choose your own way, try everything before you will do this, for example, trading is the best for me.
I think everyone has the distinction of the best things to use their bitcoin? because it will depend on the circumstances and their own situation. then you can formulate what would you do with your bitcoin
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August 15, 2016, 02:14:36 AM
 #1083

Hello btc users! Just interested - how do you spend your BTC bitcoins?
Buy something, trading, maybe just collect and waiting for good price? Smiley
I invest small amounts of btc in hyip and cloud mining sites

I think if you invest a small amount in HYIP or cloudming tantamount will still lose. Why lose, because I think a small amount of profit you can get smaller and longer course to achieve ROI. And for too long you are exposed the scam before your ROI although the small amount I think it would be a little disturbing emotions. For me better stay away from such sites.

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ajun96
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August 15, 2016, 02:16:44 AM
 #1084

I use BTC for investment in cloud mining and other investment sites

Better to keep your btc in a wallet where they will be safer then where you are planning to invest them, in cloud mining if the site does not turn scam still you will have to wait for years to start collecting pure profits because it takes a lot of time reaching ROI and other investments site can never be trusted.
Better to just accumulate and keep or just use them in altcoin trading like me.
It should have already been a common sense for us to try to avoid cloud mining sites since even the largest cloud mining sites have gone ponzi. I guess some people just doesn't learn the easy way and needed to learn the hard way.
I am not really against you on investing from them, but I am against the owners from getting so much profit from scamming people.


Exactly, owners are running away with the hard earned money of investors and that creates negative impact in the minds of new investors who wants to start their journey with bitcoins.
maybe it was not a big problem anymore today, now all people much prefer to have their own bitcoin mining hardware than they invest in cloud mining.
i think for mining directly by using the tool it will cost more. because you have to buy expensive equipment to mine and when mining. you must pay the cost of electricity to be quite expensive i have experience about it. but you will avoid scam because you are mining for yourself
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August 15, 2016, 04:53:20 AM
 #1085

Best way is invseting or saving for a long term, but you should choose your own way, try everything before you will do this, for example, trading is the best for me.
trying everything before start is not easy mate, specially ways of investments, there are thousands of ways to invest . and trying every single way first one by one is very hard and time consuming.
you can(better to) read other users reviews, thoughts  and opinion before selecting what and where you want to invest your money.
danherbias07
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August 15, 2016, 05:35:38 AM
 #1086

Best way is invseting or saving for a long term, but you should choose your own way, try everything before you will do this, for example, trading is the best for me.
trying everything before start is not easy mate, specially ways of investments, there are thousands of ways to invest . and trying every single way first one by one is very hard and time consuming.
you can(better to) read other users reviews, thoughts  and opinion before selecting what and where you want to invest your money.

I agree that reading is helpful but there are instances that we need to experience it for better knowledge.
I read but sometimes it is hard to understand so I do it with a little capital. In case of losing then it wont hurt much.a

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shinratensei_
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August 15, 2016, 05:41:03 AM
 #1087

Hello btc users! Just interested - how do you spend your BTC bitcoins?
Buy something, trading, maybe just collect and waiting for good price? Smiley
I invest small amounts of btc in hyip and cloud mining sites
Okay, you just sending your little amount into the hole of the hell, I very bad because maybe if it's just a little but you just making that;s amount is useless for you.

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bamboylee
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August 15, 2016, 09:04:44 AM
 #1088

yeah I know it's up to you to use your money according to your wishes. but bitcoin have limits to do shopping. The limitation as least stores that accept payment with bitcoin? how to spend bitcoin ?

I think, how to spend bitcoin most convenient way is to shop online. Or you do a way that is often done by people that redeem bitcoin you have with currency of your country. This is almost done by everyone as it is still scarcity of physical stores that accept bitcoin. thanks
But it means you don't use your bitcoin for shopping but you trade your BTC into fiat money or balanced and using that for online shops. Why the stores s always become a problem for bitcoin?

Because bitcoin is not yet fully adopted by all merchants. there are only very few merchants who accept bitcoin as payment. Worse in third world countries where only bitcoin exchanges accept bitcoins. It is hard to spend bitcoins directly without exchanging it to fiat first.
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August 15, 2016, 09:35:12 AM
 #1089

yeah I know it's up to you to use your money according to your wishes. but bitcoin have limits to do shopping. The limitation as least stores that accept payment with bitcoin? how to spend bitcoin ?

I think, how to spend bitcoin most convenient way is to shop online. Or you do a way that is often done by people that redeem bitcoin you have with currency of your country. This is almost done by everyone as it is still scarcity of physical stores that accept bitcoin. thanks
But it means you don't use your bitcoin for shopping but you trade your BTC into fiat money or balanced and using that for online shops. Why the stores s always become a problem for bitcoin?

Because bitcoin is not yet fully adopted by all merchants. there are only very few merchants who accept bitcoin as payment. Worse in third world countries where only bitcoin exchanges accept bitcoins. It is hard to spend bitcoins directly without exchanging it to fiat first.

Yeah I am facing the same problem at a moment as I need to convert it to my local currency first and then spend as there are no offline stores where I can spend my coins directly and that makes me bit worried and also disappointed.


 
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August 15, 2016, 09:45:07 AM
 #1090

yeah I know it's up to you to use your money according to your wishes. but bitcoin have limits to do shopping. The limitation as least stores that accept payment with bitcoin? how to spend bitcoin ?

I think, how to spend bitcoin most convenient way is to shop online. Or you do a way that is often done by people that redeem bitcoin you have with currency of your country. This is almost done by everyone as it is still scarcity of physical stores that accept bitcoin. thanks
But it means you don't use your bitcoin for shopping but you trade your BTC into fiat money or balanced and using that for online shops. Why the stores s always become a problem for bitcoin?

Because bitcoin is not yet fully adopted by all merchants. there are only very few merchants who accept bitcoin as payment. Worse in third world countries where only bitcoin exchanges accept bitcoins. It is hard to spend bitcoins directly without exchanging it to fiat first.

Yeah I am facing the same problem at a moment as I need to convert it to my local currency first and then spend as there are no offline stores where I can spend my coins directly and that makes me bit worried and also disappointed.
Yes indeed if you want to use it is better to change it to the currency first in order to be used. I also if I want to use my bitcoin, I would change it to the first currency to be used. Because my region is very difficult to use bitcoin directly.
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August 15, 2016, 09:56:25 AM
 #1091

yeah I know it's up to you to use your money according to your wishes. but bitcoin have limits to do shopping. The limitation as least stores that accept payment with bitcoin? how to spend bitcoin ?

I think, how to spend bitcoin most convenient way is to shop online. Or you do a way that is often done by people that redeem bitcoin you have with currency of your country. This is almost done by everyone as it is still scarcity of physical stores that accept bitcoin. thanks
But it means you don't use your bitcoin for shopping but you trade your BTC into fiat money or balanced and using that for online shops. Why the stores s always become a problem for bitcoin?

Because bitcoin is not yet fully adopted by all merchants. there are only very few merchants who accept bitcoin as payment. Worse in third world countries where only bitcoin exchanges accept bitcoins. It is hard to spend bitcoins directly without exchanging it to fiat first.

Yeah I am facing the same problem at a moment as I need to convert it to my local currency first and then spend as there are no offline stores where I can spend my coins directly and that makes me bit worried and also disappointed.
Yes indeed if you want to use it is better to change it to the currency first in order to be used. I also if I want to use my bitcoin, I would change it to the first currency to be used. Because my region is very difficult to use bitcoin directly.

Have patience mate, give some time to bitcoin and very soon we will able to spend bitcoins directly at physical places, till then keep your coins safe for the future.
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August 15, 2016, 10:26:30 AM
 #1092

Hello btc users! Just interested - how do you spend your BTC bitcoins?
Buy something, trading, maybe just collect and waiting for good price? Smiley
I invest small amounts of btc in hyip and cloud mining sites
Okay, you just sending your little amount into the hole of the hell, I very bad because maybe if it's just a little but you just making that;s amount is useless for you.
I several times to get profits in a Ponzi or hyip sites but I also several times to get damages for the site to be a scam. I think there is no definite strategy on investing in ponzi. because there will be no one who knows about when it will be a scam site. invest in Ponzi-like gambling?
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August 15, 2016, 01:34:09 PM
 #1093

Hello btc users! Just interested - how do you spend your BTC bitcoins?
Buy something, trading, maybe just collect and waiting for good price? Smiley
I invest small amounts of btc in hyip and cloud mining sites
Okay, you just sending your little amount into the hole of the hell, I very bad because maybe if it's just a little but you just making that;s amount is useless for you.
I several times to get profits in a Ponzi or hyip sites but I also several times to get damages for the site to be a scam. I think there is no definite strategy on investing in ponzi. because there will be no one who knows about when it will be a scam site. invest in Ponzi-like gambling?

Exactly investing in ponzi is also like gambling, either you win or you loose depending on your luck, most important thing in both the cases is to know what is the right time to withdraw the profits.
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August 15, 2016, 01:46:06 PM
 #1094

Previously I invested almost all of my BTC in cloud mining, it turned out to be a scam and I lost it all. For now, I don't have much, but I think I'll keep em in my wallet,  probably buy something online whenever the rate is up and I have enough.
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August 15, 2016, 01:51:43 PM
 #1095

Previously I invested almost all of my BTC in cloud mining, it turned out to be a scam and I lost it all. For now, I don't have much, but I think I'll keep em in my wallet,  probably buy something online whenever the rate is up and I have enough.

Very sad to hear you got scammed with cloud mining (but why you deposit your money to cloud mining? )
It's good to save your bitcoin in your wallet  for better future price increase. But you can learning from the past , about choosing the right investment and collecting bitcoin method on the internet.

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HaXX0R1337
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August 15, 2016, 02:04:55 PM
 #1096

Well, i usually invest them,  but i have lost them many times.
Yes because gambling, and i think i may be addicted to it Cheesy Gives me fun anyway haha

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ausbit
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August 15, 2016, 02:07:13 PM
 #1097

Hello btc users! Just interested - how do you spend your BTC bitcoins?
Buy something, trading, maybe just collect and waiting for good price? Smiley
I invest small amounts of btc in hyip and cloud mining sites
I'm going to state this just as an opinion, but here us out.
Investing in hyip and cloud mining may be your worst mistake yet. After what happened to the big cloud mining sites just a few months ago, I believe it should already be a common sense to avoid them.
dezoel
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August 15, 2016, 02:07:57 PM
 #1098

Well, i usually invest them,  but i have lost them many times.
Yes because gambling, and i think i may be addicted to it Cheesy Gives me fun anyway haha

Try alternate way to have fun mate, why are you wasting your money in gambling, you can save it for future or else invest from where you can get regular returns.

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August 15, 2016, 02:09:21 PM
 #1099

Previously I invested almost all of my BTC in cloud mining, it turned out to be a scam and I lost it all. For now, I don't have much, but I think I'll keep em in my wallet,  probably buy something online whenever the rate is up and I have enough.

I've also invested several bitcoin I get to the site Minning cloud, and it was all over scam. well, although very many bonuses that are said to be given, but before that happens, everything becomes a scam, and until recently, were not returned bitcoin

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katrimans
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August 16, 2016, 06:47:55 AM
 #1100

Previously I invested almost all of my BTC in cloud mining, it turned out to be a scam and I lost it all. For now, I don't have much, but I think I'll keep em in my wallet,  probably buy something online whenever the rate is up and I have enough.

Very sad to hear you got scammed with cloud mining (but why you deposit your money to cloud mining? )
It's good to save your bitcoin in your wallet  for better future price increase. But you can learning from the past , about choosing the right investment and collecting bitcoin method on the internet.
I am guessing you might have invested in hashocean? Because at that time, hashocean was the best cloud mining site there is until they turned into scam.
Pretty good strategy though to keep a good front while scheming something behind.

I have always been warned to not invest in cloud mining sites, which I followed and never had any losses from ponzi scams.
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