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Author Topic: What do you do with your btc?  (Read 55827 times)
blackmachinegun
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August 16, 2016, 11:53:18 AM
 #1101

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 pity cloudmining sites that actually do the mining. simply because the person who is not responsible for using the system and run
a website Ponzi cloudmining fake and fraud and to be a scam. I think it makes people afraid to invest in cloudmining

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August 16, 2016, 12:29:05 PM
 #1102

For me bitcoin is only for speculation. Spending is not really an option since not many place I buy stuff accept bitcoin.
So follow and riding the waves.
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August 16, 2016, 12:38:48 PM
 #1103

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 pity cloudmining sites that actually do the mining. simply because the person who is not responsible for using the system and run
a website Ponzi cloudmining fake and fraud and to be a scam. I think it makes people afraid to invest in cloudmining



Most of the cloud mining sites have proved to be scam in long run and that is the reason people hesitate in investing in it as there is no guarantee that you will make profits from it.
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August 16, 2016, 09:30:40 PM
 #1104

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.
I think there is no pleasure can you get when you're gambling and defeat became addicted because gambling. because once you become addicted. I'm sure you'll suffer a lot of losses and would probably make a loss. if you want to have fun you can look for other fun things like vacation
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August 17, 2016, 04:53:00 PM
 #1105

For me bitcoin is only for speculation. Spending is not really an option since not many place I buy stuff accept bitcoin.
So follow and riding the waves.

That is the reason why i'm able most of the times to just keep and save my bitcoins because i cannot spend them anywhere except online shops and those shops cost a lot of shipping fees which i cannot afford, so i'm just keeping my coins right now and doing nothing with them except trading a little bit sometimes.
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August 18, 2016, 09:14:58 AM
 #1106

For me bitcoin is only for speculation. Spending is not really an option since not many place I buy stuff accept bitcoin.
So follow and riding the waves.

That is the reason why i'm able most of the times to just keep and save my bitcoins because i cannot spend them anywhere except online shops and those shops cost a lot of shipping fees which i cannot afford, so i'm just keeping my coins right now and doing nothing with them except trading a little bit sometimes.

Expect really a fees like that since bitcoin's price is volatile and merchants dealing with a fiat products most will really affected with the fluctuations. So to cover the risk, they will add fees for those transactions that will deal in bitcoin.

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shane
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August 18, 2016, 09:22:03 AM
 #1107

For me bitcoin is only for speculation. Spending is not really an option since not many place I buy stuff accept bitcoin.
So follow and riding the waves.

That is the reason why i'm able most of the times to just keep and save my bitcoins because i cannot spend them anywhere except online shops and those shops cost a lot of shipping fees which i cannot afford, so i'm just keeping my coins right now and doing nothing with them except trading a little bit sometimes.

I also was not too think about spending bitcoin to buy something online, because I could use a fiat to buy anything. but indeed if bitcoin can be used to buy everything it could be my favorite for shopping.
I was more focused on to trade and collect bitcoin. so when you gain can also wait for higher prices. not like people who are just waiting for high prices without doing anything.

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torrentheaven
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August 18, 2016, 12:27:02 PM
 #1108

For me bitcoin is only for speculation. Spending is not really an option since not many place I buy stuff accept bitcoin.
So follow and riding the waves.

That is the reason why i'm able most of the times to just keep and save my bitcoins because i cannot spend them anywhere except online shops and those shops cost a lot of shipping fees which i cannot afford, so i'm just keeping my coins right now and doing nothing with them except trading a little bit sometimes.

I also was not too think about spending bitcoin to buy something online, because I could use a fiat to buy anything. but indeed if bitcoin can be used to buy everything it could be my favorite for shopping.
I was more focused on to trade and collect bitcoin. so when you gain can also wait for higher prices. not like people who are just waiting for high prices without doing anything.
Yeah I will never prefer to simply hold it, I mean if we have an opportunity to increase the level then we should go for it and the same thing I am doing with trading at a moment.
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August 18, 2016, 12:55:33 PM
 #1109

For me bitcoin is only for speculation. Spending is not really an option since not many place I buy stuff accept bitcoin.
So follow and riding the waves.

That is the reason why i'm able most of the times to just keep and save my bitcoins because i cannot spend them anywhere except online shops and those shops cost a lot of shipping fees which i cannot afford, so i'm just keeping my coins right now and doing nothing with them except trading a little bit sometimes.

I also was not too think about spending bitcoin to buy something online, because I could use a fiat to buy anything. but indeed if bitcoin can be used to buy everything it could be my favorite for shopping.
I was more focused on to trade and collect bitcoin. so when you gain can also wait for higher prices. not like people who are just waiting for high prices without doing anything.
Yeah I will never prefer to simply hold it, I mean if we have an opportunity to increase the level then we should go for it and the same thing I am doing with trading at a moment.
Only hold true if it can benefit but little. We could try to trade or investment, but it may be better to try trading for when investing a lot of scam. Trade can benefit if we learn to use the trade.
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August 18, 2016, 04:41:07 PM
 #1110

For me bitcoin is only for speculation. Spending is not really an option since not many place I buy stuff accept bitcoin.
So follow and riding the waves.

That is the reason why i'm able most of the times to just keep and save my bitcoins because i cannot spend them anywhere except online shops and those shops cost a lot of shipping fees which i cannot afford, so i'm just keeping my coins right now and doing nothing with them except trading a little bit sometimes.

I also was not too think about spending bitcoin to buy something online, because I could use a fiat to buy anything. but indeed if bitcoin can be used to buy everything it could be my favorite for shopping.
I was more focused on to trade and collect bitcoin. so when you gain can also wait for higher prices. not like people who are just waiting for high prices without doing anything.
Yeah I will never prefer to simply hold it, I mean if we have an opportunity to increase the level then we should go for it and the same thing I am doing with trading at a moment.
True if we just hold bitcoin we will only get a slight advantage. I am using my bitcoin for trade because it will get more profit. Although it has a risk but I'm sure if we can learn will definitely benefit a lot.
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August 18, 2016, 04:54:55 PM
 #1111

for now i don't spend them but i save everything that i get
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August 18, 2016, 07:08:40 PM
 #1112

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.
is worse than gambling, when you invest into a ponzi then you will most surely not get your money back and it would be a big loss then
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August 18, 2016, 10:13:47 PM
 #1113

normally in invest my bitcoin in some alt cons, but after the previous downfall when the price of bitcoin fall down below 600$ now i am only holding my bitcoin for the price increase, because i am sure that the price of bitcoin will boost up very soon.
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August 18, 2016, 10:41:00 PM
 #1114

normally in invest my bitcoin in some alt cons, but after the previous downfall when the price of bitcoin fall down below 600$ now i am only holding my bitcoin for the price increase, because i am sure that the price of bitcoin will boost up very soon.
But maybe the bitcoin price will stable in some period in this rate, i think there is not harm for you to investing some of your amount in alt to grow your bitcoin because in this time the price of altcoins is very volatility and there are a good moment in this time.

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August 19, 2016, 12:18:07 AM
 #1115

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 would think that the mine will no longer profitable in a few years. for halving will always come. so think that you have an investment that is going to do for long life or long periods of time.I think investing in gambling sites clearer
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August 19, 2016, 02:50:41 AM
 #1116

What do i do with my bitcoin of course i always invest my bitcoin where i can grow my money and i also use it for trading where i can earn profit by trading my bitcoin into another coins (alt coins) sometimes we also do gambling where we can lose or win more bitcoins but since i always get lose my bitcoin i already stop playing this nonsense gambling . :3

Y U MAD AT ME
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August 19, 2016, 03:12:59 AM
 #1117

What do i do with my bitcoin of course i always invest my bitcoin where i can grow my money and i also use it for trading where i can earn profit by trading my bitcoin into another coins (alt coins) sometimes we also do gambling where we can lose or win more bitcoins but since i always get lose my bitcoin i already stop playing this nonsense gambling . :3

Yes indeed very profitable trade. Although risky but if we learned it could be a good advantage. I also use my bitcoin some to trade. At first I lost my bitcoin in the trade but now I often get the advantage in trade.
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August 19, 2016, 03:19:59 AM
 #1118

I view bitcoin as a currency instead of an investment so I usually buy something online with my bitcoins. It's just a matter of opinion, people view bitcoin as a currency, and other people view it as an investment or maybe even both.
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August 19, 2016, 06:29:25 AM
 #1119

What do i do with my bitcoin of course i always invest my bitcoin where i can grow my money and i also use it for trading where i can earn profit by trading my bitcoin into another coins (alt coins) sometimes we also do gambling where we can lose or win more bitcoins but since i always get lose my bitcoin i already stop playing this nonsense gambling . :3

Yes indeed very profitable trade. Although risky but if we learned it could be a good advantage. I also use my bitcoin some to trade. At first I lost my bitcoin in the trade but now I often get the advantage in trade.

I agree, it is ok to lose at first because that is where we learn and avoid doing it again. Altcoin trading is indeed very profitable because even a small capital can get big in less than a year if you know how to do it properly. Also altcoin trading requires patience to earn.
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August 19, 2016, 08:23:54 AM
 #1120

What do i do with my bitcoin of course i always invest my bitcoin where i can grow my money and i also use it for trading where i can earn profit by trading my bitcoin into another coins (alt coins) sometimes we also do gambling where we can lose or win more bitcoins but since i always get lose my bitcoin i already stop playing this nonsense gambling . :3

Yes indeed very profitable trade. Although risky but if we learned it could be a good advantage. I also use my bitcoin some to trade. At first I lost my bitcoin in the trade but now I often get the advantage in trade.

I agree, it is ok to lose at first because that is where we learn and avoid doing it again. Altcoin trading is indeed very profitable because even a small capital can get big in less than a year if you know how to do it properly. Also altcoin trading requires patience to earn.

Absolutely, trade can be studied to gain an advantage. But it was quite difficult, takes precision and patience to learn it. But if it can succeed in the trade will benefit greatly.
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