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Author Topic: What do you do with your idle coins?  (Read 30459 times)
xdrpx
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January 21, 2016, 02:12:44 PM
 #261

Since you've asked about my idle coins, they actually remain idle in my wallet. I'm just following the HODL concept xD. Usually I spend some amounts during Black Friday or Christmas cause of the large number of discount offers.
Rotator
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January 21, 2016, 03:03:30 PM
 #262

How can i loan from someone and how much would i get?
This is very tricky !

Lending section
Info

you provide collateral (something of value, like an altcoin, your account on this forum,...) and place it in the hands of an escrow. then the lender will give you the loan. then you pay it back on the set time with interest.
if you can't pay back, escrow will release your collateral to lender.

the amount of loan will depend on your collateral's value.

which part is tricky
How do you know how much my account is worth?
Bitcoinbro
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January 21, 2016, 03:06:59 PM
 #263

My idle coins are the ones I'm saving and holding on to
I don't do anything with them, I just try to keep them as save as I possibly can.
morantis
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January 21, 2016, 03:10:38 PM
 #264

There is a site that I have a wallet on, but currently no coins in it because I am using them elsewhere.  It has been around long enough that I have some trust in them.  It is bter.com.  They do offer and give out daily interest based on your balance.  It is somewhere in the 10% APR range.  Withdrawals can be a little slow, but I used them for awhile and they are still there so I imagine that you can use them for a low balance holding place.  Not sure about their future, but their past is pretty good.
bikoBoy
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January 21, 2016, 03:27:49 PM
 #265

Keep them idle, there are allot of options to invest in but nothing really get my interest, sometimes I join few investment companies and opportunities but just with a part of my coins, btc is a good investment in itself.
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January 21, 2016, 03:37:51 PM
 #266

I just tend to hodl them for now. Why spend something that may be worth a lot more someday, i will only regret it. If it fails, well, at least we tried. Tongue
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January 21, 2016, 04:19:09 PM
 #267

I just tend to hodl them for now. Why spend something that may be worth a lot more someday, i will only regret it. If it fails, well, at least we tried. Tongue

Yes many people here always want to make their bitcoin to work for them. I too really hate that.
I would suggest all the people to keep their bitcoin for a while, then we can directly use bitcoins.
If we keep bitcoin ideally, then in future we do not need to sell bitcoins. Yes, keeping bitcoins ideally must be a wise decisions.
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January 21, 2016, 04:24:40 PM
 #268

I've used btcjam and loanbase to some success. I'm negative on loanbase though and am currently climbing my way out of the hole (made some bad decisions initially, but if you take away my first month in the negative, I've been positive ever since), and have always been positive on btcjam. You can use btcpop as well, but haven't made my way there yet.
RealBitcoin
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January 21, 2016, 08:36:25 PM
 #269

Idle coins ? Grin

1. You can give loans and profit from them. Always use escrow with legendary member with positive trust.
2. Trade on exchanges or play games if you feeling lucky.
3. Invest in alts but first you must investigate for yourself.
4. Maybe you can invest in small business, be innovative find yourself opportunities and share with others.

Always keep small portion in cold wallet!

1) Why you need escrow for a personal loan, it makes no sense. The borrower sends you first the collateral, and then you send them the loan. As simple as that. If he doesnt pay, you keep the collateral. If he does then he sends first the payment + interest, and you send back the collateral.

2) Thats stupid, gox and craptsy is an example to that

3) Haha like how 90% of alts are a scam, it's just easier if you pick 10 random alts and throw out 9 randomly, maybe you find 1 lucky one in them

4) You can actually do that, but not much with BTC but with NXT, there are many NXT business assets out there that can be invested in.

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January 21, 2016, 09:12:17 PM
 #270

Maybe i just go to altcoins and find something to multiply my Bitcoins...
phreaky
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January 21, 2016, 09:54:17 PM
 #271

Idle coins are safe and set in my offline wallet.
No need to store them online with an exchange. Most exchanges can't be trusted right.
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January 21, 2016, 10:42:58 PM
 #272

Idle coins ? Grin

1. You can give loans and profit from them. Always use escrow with legendary member with positive trust.
2. Trade on exchanges or play games if you feeling lucky.
3. Invest in alts but first you must investigate for yourself.
4. Maybe you can invest in small business, be innovative find yourself opportunities and share with others.

Always keep small portion in cold wallet!

1) Why you need escrow for a personal loan, it makes no sense. The borrower sends you first the collateral, and then you send them the loan. As simple as that. If he doesnt pay, you keep the collateral. If he does then he sends first the payment + interest, and you send back the collateral.

Because there are collateral scammers who will first take your collateral and never send you money.

Karpeles
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January 21, 2016, 11:09:21 PM
 #273

Idle coins ? Grin

1. You can give loans and profit from them. Always use escrow with legendary member with positive trust.
2. Trade on exchanges or play games if you feeling lucky.
3. Invest in alts but first you must investigate for yourself.
4. Maybe you can invest in small business, be innovative find yourself opportunities and share with others.

Always keep small portion in cold wallet!

1) Why you need escrow for a personal loan, it makes no sense. The borrower sends you first the collateral, and then you send them the loan. As simple as that. If he doesnt pay, you keep the collateral. If he does then he sends first the payment + interest, and you send back the collateral.


Because the other part may receive the collateral and never send anything, also if you use account as collateral, you might not want everyone log in your account
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January 22, 2016, 02:04:18 AM
 #274

i hodl 80% in good paper wallets, 10% is for play (i spend at bitcoin accepting places), 10% is to "invest' ie i kiss them goodbye. sometimes it even works out.
BTCBinary
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January 22, 2016, 04:09:14 AM
 #275

I usualy just leave them idling until I see a nice sell price before a retraction where I can buy them back at much lower prices!
ajun96
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January 22, 2016, 04:41:19 AM
 #276

This thread is helpful, anyone can give advice to me,
I have a 0.8 BTC on the wallet and the unemployed
I'm confused, I want to invest but are afraid of being cheated Undecided
danherbias07
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January 22, 2016, 05:07:10 AM
 #277

This thread is helpful, anyone can give advice to me,
I have a 0.8 BTC on the wallet and the unemployed
I'm confused, I want to invest but are afraid of being cheated Undecided

That is hard man. Maybe earn some more at a signature campaign. Then maybe buy and sell bitcoin while it moves like a tide now. That can profit you a lot if you can do that at the right time. That all for me now. I dont want to suggest any investing site. For I dont want to be reason that you will lose your precious coins.

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YoonYeonghwa
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January 22, 2016, 05:27:47 AM
 #278

I just leave them in my hardware wallet. It is not like I can get interest off them.

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February 03, 2016, 11:07:29 AM
 #279

I just leave them in my hardware wallet. It is not like I can get interest off them.

Even though you do not have interest out of them, it is quite secure. Sometimes, it is better to be safe.
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February 03, 2016, 11:16:58 AM
 #280

Currently I'm just holding. I'm not investing a large portion of the bitcoins I own. I'm afraid of putting it into too risky investments. What could I do with it not running much risks?

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