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Author Topic: Got my 1st BTC, and now?  (Read 6023 times)
Patatas
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August 15, 2015, 02:51:03 PM
 #61

If I were you, I will just hold that for years and wait for the price to pump out
Or I can just try my luck and gamble it Grin
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August 15, 2015, 03:05:01 PM
 #62

You got it from your skill?
Might I ask what skill is that? Yes 1 and half year is long time to make $270 that is less than $0.75 a day.




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ANdr0id
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August 15, 2015, 03:10:18 PM
 #63

If I were you, I will just hold that for years and wait for the price to pump out
Or I can just try my luck and gamble it Grin
Gamble? That is sure way to lose over a year of hard work of earning it.
casino always wins.
bitcollins85
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August 15, 2015, 08:53:19 PM
 #64

Well... Time has been running and finally I got my completely 1st Bitcoin, 1 year and a half after.

It has been hard, really hard in some moments when you can see your wallet going to 0 and beginning again, but knowing a little bit more. Specially hard when your better way to win some satoshis -yes, all those time I have been thinking in satoshis- all users have fallen because it was a trap or someone hacked it, going really faster than you, and you are there to see it.

But now, I can say I got it, from my own, from my skills and from teamwork, specially from my teamwork. Finally I got a Bitcoin without steal any satoshi to someone, only with my work, you can appreciate it in any forms, someones speaking and another ones writting.

But... what should I do now?

I know there are a lot of users who can explain me how I should invest 1 Bitcoin to continue my adventure, please give me some advice.

Thank you  Wink
Hold... only few million people on earth will ever hold at least 1 BTC - ever. Considering 7 billion people, you're going to be one of the lucky ones.
pokeviktor (OP)
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August 15, 2015, 10:28:51 PM
 #65

If I were you, then I would have kept my Bitcoins in a secret place and never told anyone that I'm having one Bitcoin.
Because many people try to scam others.
And never ever invest in a Ponzi scheme or gamble with it.

And what happens if you happen to come into an accident or something? Than the bitcoins are lost and your family will never have access to it...

I made a protocol if something happens to me  Grin

You got it from your skill?
Might I ask what skill is that? Yes 1 and half year is long time to make $270 that is less than $0.75 a day.

Think about 1 year and half before I was a n00b here, I began earning satoshis trading altcoins and using faucets, without mining, buying, investing, loaning or gambling...

Then tell me: how many people do you meet they did that from the same date to now in the same way I have been working? Tell me, too, how many satoshis people give with a translation or community management and how many works like this appears?

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MinerHQ
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August 16, 2015, 04:16:38 AM
 #66

If I were you, I will just hold that for years and wait for the price to pump out
Or I can just try my luck and gamble it Grin
Gamble? That is sure way to lose over a year of hard work of earning it.
casino always wins.

Your correct. Gambling no one can make profits forever. Another point is holding BTC for long time is not a very good idea because it may not even reach his historical high price 1000+. So it is better idea to sell when you think you have made a some decent profit from you coins.
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October 25, 2015, 01:56:36 AM
 #67

Half way to my 2nd BTC done Cheesy

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October 25, 2015, 02:04:24 AM
Last edit: October 25, 2015, 03:10:36 AM by mtnsaa
 #68

That's awesome, I'm still trying to get my first BTC. I think how much more depends on each case, to me right now 5 BTC would be an investment that I can afford to lose if things go wrong. We need to understand that in 5 years either it's replaced by something new or it will continue to rise in price like it has done every year (without considering the bubble).
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October 25, 2015, 03:02:04 AM
 #69

Half way to my 2nd BTC done Cheesy

That's great to hear! All of us has to do things to earn precious bitcoins. Just don't get greedy and try to gamble all of it in hopes of getting bigger profits! Always remember: slow and steady wins the race! Also, holding long-term is your best bet if you want to make good use of your bitcoins  Smiley
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October 25, 2015, 05:24:40 AM
 #70

Half way to my 2nd BTC done Cheesy
In your run-up (or anyone's) to 10 coins and more, just buy and hold. Do not trade, gamble nor anything else w/ your upcoming stash. Keep working or doing whatever it is that is allowing you to come up on more coins but don't get fancy with them, just hold. Very few traders make money regularly, so hold. Did I mention, buy and hold! Best advice I can offer, don't mess around with your coins, just hold and let the market do its thing. Or, do all of the above, cry and lose your ass. You've been warned and don't take any advice on the markets or otherwise unless you got skillz. Also, don't spend coinage on mining.
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October 25, 2015, 05:33:57 AM
 #71

congratulations on getting 1 btc in that time ..most of the users dont get through that ......anyway coming about what to do try investing in legit bitcoin projects ....will probably increase your wallet balance... Smiley

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October 25, 2015, 12:20:44 PM
 #72

Half way to my 2nd BTC done Cheesy

Great, i think that you are getting now 1BTC faster.
What i would recommend is or hold or trade something.
And only sell when you need urgently or for emergencies.
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October 26, 2015, 04:10:10 PM
 #73

congratulations on getting 1 btc in that time ..most of the users dont get through that ......anyway coming about what to do try investing in legit bitcoin projects ....will probably increase your wallet balance... Smiley

What projects? Most seem to be scamcoins, or just projects that aren't worth your Bitcoin. I think the best strategy is still buy a hold. Investing in Bitcoins within itself investing all projects related to Bitcoin. There are a very small handful of projects worth investing. I have my doubts about even stuff like ETH these days.
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October 26, 2015, 04:20:10 PM
 #74

Just buy, buy, buy, and hodl.
Buy a little bit every week, $20 worth or something you can afford with no worries. It will add up and be worth a lot later!
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October 26, 2015, 04:39:09 PM
 #75


What projects? Most seem to be scamcoins, or just projects that aren't worth your Bitcoin. I think the best strategy is still buy a hold. Investing in Bitcoins within itself investing all projects related to Bitcoin. There are a very small handful of projects worth investing. I have my doubts about even stuff like ETH these days.

Factom is a good investment IMO since it uses the bitcoin blockchain as a backbone for its data layer. Also Maidsafe as well.

Try to invest in something that isn't just trying to be another clone of Bitcoin but is different in its character.
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October 26, 2015, 04:48:29 PM
 #76

Just buy, buy, buy, and hodl.
Buy a little bit every week, $20 worth or something you can afford with no worries. It will add up and be worth a lot later!

I agree even if I own some altcoins. The best strategy is to grow your own stash as much as you can or feel comfortable with. I know many people like to invest as much as possible but we are not blind fanatics on Bitcoin. It can worth nothing in some years. But it's my feeling that the opposite can be true also so it never hurts. Ten bucks is not much today, but in the future it can be a lot. I personally would like to own around 1-5 BTC at today's price, more than that I don't think I will be relaxed and it will be a very serious/high risk investment for me.
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October 26, 2015, 10:35:23 PM
 #77

Just buy, buy, buy, and hodl.
Buy a little bit every week, $20 worth or something you can afford with no worries. It will add up and be worth a lot later!

I agree even if I own some altcoins. The best strategy is to grow your own stash as much as you can or feel comfortable with. I know many people like to invest as much as possible but we are not blind fanatics on Bitcoin. It can worth nothing in some years. But it's my feeling that the opposite can be true also so it never hurts. Ten bucks is not much today, but in the future it can be a lot. I personally would like to own around 1-5 BTC at today's price, more than that I don't think I will be relaxed and it will be a very serious/high risk investment for me.

Everybody should invest and hold what they feel comfortable with. This can be 1, 10 or 100 BTCs. It depends from person to person. You have a plan. For you a 5 BTCs investment would be great and everything over this is just too much.

It's good to have a plan. I came to a conclusion that many people in Bitcoin space and on this forum don't have a clear and concise plan. So they are wandering around and in the end end up losing money. Decide what you want, need, get it and be happy with it.
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October 27, 2015, 11:47:34 AM
 #78

1. Keep it, and build upon it the second and third coin and so on.

2. Come after 5/10 years and thank me for letting you rich Smiley

3. Enjoy Wink

I shall give the same suggestion. But to use some to circulate the bitcoin to support the society. By doing that, the value of bitcoin will increase gradually.
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October 27, 2015, 12:04:37 PM
 #79

whether you still hold? hold it until 2016, I heard the price will reach $500. I hope it's true, because I am also going to hold Smiley
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October 27, 2015, 12:56:12 PM
 #80

whether you still hold? hold it until 2016, I heard the price will reach $500. I hope it's true, because I am also going to hold Smiley

May be you're right. But my opinion is more than $500 also possible in 2016 with respect to continuation of current trend. All the above the are having the scheduled halving in mid 2016 which must be a big boot to bitcoin prices in 2016. So, hold.
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