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Author Topic: What to do with Bitcoin?  (Read 6274 times)
fritzdark
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October 27, 2016, 02:37:26 AM
 #201

For me if you want a long term earning, i suggest that you keep your bitcoin and wait for the price to increase. Which will require you to have a lot more of patience. But if you want short term, then maybe you may engage your self in trading. But make sure to invest only what you can afford to lose. Since trading requires  experience and analysis on how you will be able to gain in th unpredictable market.
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October 27, 2016, 02:41:30 AM
 #202

For me if you want a long term earning, i suggest that you keep your bitcoin and wait for the price to increase. Which will require you to have a lot more of patience. But if you want short term, then maybe you may engage your self in trading. But make sure to invest only what you can afford to lose. Since trading requires  experience and analysis on how you will be able to gain in th unpredictable market.
Yes trading without any knowledge and experience just such as gambling so we just guess the price will rise or fall. So better we keep our bitcoin or spent it for our daily need. Do not take a step before we know what will happen next.
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October 27, 2016, 03:04:01 AM
 #203

For me if you want a long term earning, i suggest that you keep your bitcoin and wait for the price to increase. Which will require you to have a lot more of patience. But if you want short term, then maybe you may engage your self in trading. But make sure to invest only what you can afford to lose. Since trading requires  experience and analysis on how you will be able to gain in th unpredictable market.

But you invest only in BTC and wait for prices to go up to sell then chances for losing money is quite less unless one wants to go for altcoin trading. Altcoin trading needs a lot of knowledge and also need some luck otherwise difficult to make money from those trades. I only do the BTC and USD trades and so for made a good profit.
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October 27, 2016, 03:04:39 AM
 #204

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?

it's depends on your situation , if you are in need or if ever there's something you really want to buy we will not bother you to hold all your coins . but it would be nice if you are going to do it until the rate goes higher just like what happening at this moment .
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October 27, 2016, 03:13:18 AM
 #205

For me if you want a long term earning, i suggest that you keep your bitcoin and wait for the price to increase. Which will require you to have a lot more of patience. But if you want short term, then maybe you may engage your self in trading. But make sure to invest only what you can afford to lose. Since trading requires  experience and analysis on how you will be able to gain in th unpredictable market.
Yes trading without any knowledge and experience just such as gambling so we just guess the price will rise or fall. So better we keep our bitcoin or spent it for our daily need. Do not take a step before we know what will happen next.

Well if you don't want to gamble and you are scared of risk in trading because you don't have knowledge then you can just hold your bitcoins and that is what I am doing, because I am sort of busy with my real life businesses and I am taking some online courses for my mastery related to technology so I'm focusing more with it. And upon doing nothing with my bitcoins, it makes me convinced that bitcoin is a great investment.

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manbitcoinlover
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October 27, 2016, 03:14:22 AM
 #206

I wonder if one day local stores can take BTC in major cities

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Doms
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October 27, 2016, 03:22:35 AM
 #207

It's entirely up to the individual what he desires to do with his bitcoins, it is his money anyways. If you think the price is high enough to be sold and you've gain a lot of profit already, then go ahead and sell. If you are the gambling type, there are so many gambling sites that accept bitcoin. If you are into trading, then altcoin trading is the way to go.
kidoseagle0312
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October 27, 2016, 03:34:10 AM
 #208

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?

If you gain bitcoin in any signature campaign, maybe some of your profit which is bitcoin, you must hold it for awhile then the other coins must roll again to make it grow your bitcoin through trading. Or join again in a Potential ICO signature campaign.
sonnyacg
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October 27, 2016, 03:41:31 AM
 #209

if I have collected many bitcoin, whether it be from the signature campaign, or from the faucet for free: D. I'm going to hold him first. because my belief is wanted to make a lot of first bitcoin. after that I would trade the bitcoin. Smiley

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nara1892
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October 27, 2016, 05:51:27 AM
 #210

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 collect bitcoin to fulfill some daily needs. so if I have that amount, I will buy a house, go abroad with my family, build a school, buy a car, a motorcycle, and a bicycle; and many more.

besides, I will make some business to keep earning profit.

.
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October 30, 2016, 04:31:58 AM
 #211

You can do anything you want with it. You can give it to someone if you feel like. You can gamble if you're bored. You can do trading with it if you want to have more. Or you can just hodl it until you can convert it to fiat in a price you are satisfied.
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November 10, 2016, 12:28:05 PM
 #212

if I have a lot of bitcoin whether from the tap or from a signature campaign, I would probably make bitcoin trades. I want to extend my bitcoin to make bitcoin trades. so that I can reproduce bitcoin from trading.

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