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Author Topic: What do you do with your idle coins?  (Read 30459 times)
Zombier0
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October 04, 2015, 12:26:29 PM
 #41

I invest in altcoins

Q7
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October 04, 2015, 01:03:38 PM
 #42

Well I just let it sitting around idling in my account. If I'm bored, then I'll just get involved in providing services and then watch the numbers increase. Or if there is a good trading opportunity, then I'll also consider. Much better than park it in a high yield investment account which carries the unnecessary risks of losing everything. I'm not desperate so it's better to be safe than sorry.

MisterMoney
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October 04, 2015, 01:46:57 PM
 #43

Invest to hyip.
Lenore
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October 04, 2015, 01:50:33 PM
 #44

I put all the coins I can in lending accounts.  If the coins arent able to be I sell them off and turn them into lendabke coins.  That way my coins are always at work.

notiely
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October 04, 2015, 02:43:15 PM
 #45

Invest to hyip.

That's also what i'm doing now.
Ceizer54
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October 04, 2015, 06:52:09 PM
 #46

I don't usually have idle coins in my wallet because i use them to purchase something online,but when i do,i move them to vault..it keeps my bitcoins safe and thus i hope for the bitcoin price to grow..believe me you can't just grow your idle coins by investing in ponzy/hyip..the better way is to just hold them and wish for the price to go up Wink
mallard
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October 04, 2015, 07:15:03 PM
 #47

Invest to hyip.

That's also what i'm doing now.

Say goodbye to your coins.
ashour
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October 04, 2015, 10:58:00 PM
 #48

I either invest it in 1broker or buy gadgets from wish or geek. But most of the times I try to save the idle btw up.
biggbox (OP)
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October 05, 2015, 01:10:17 AM
 #49

I don't usually have idle coins in my wallet because i use them to purchase something online,but when i do,i move them to vault..it keeps my bitcoins safe and thus i hope for the bitcoin price to grow..believe me you can't just grow your idle coins by investing in ponzy/hyip..the better way is to just hold them and wish for the price to go up Wink

What's the difference between vault and cold storage? Or is the term interchangeable?

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biggbox (OP)
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October 05, 2015, 01:11:14 AM
 #50

I either invest it in 1broker or buy gadgets from wish or geek. But most of the times I try to save the idle btw up.

Mind sharing the URLs? Smiley

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Yofun
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October 05, 2015, 01:13:50 AM
 #51

Invest some into Iznop Smiley
--Encrypted--
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hee-ho.


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October 05, 2015, 01:19:14 AM
 #52

I let them stay idle until I absolutely need to use some. which happens pretty often.
jeffthebaker
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October 05, 2015, 01:24:22 AM
 #53

I just have them sitting... that's all. Im also looking for ways to generate interest out of my modest stack (less than 2 figures) but it seems "everything is a scam" and I get told by everyone everytime I ask it that I just should hodl.

BTCJam was an idea I had but apparently so many people default, they run with your money without any consequences and you just lose it.
Most "Put your money here and generate interest" things are just good ol ponzi schemes. It seems no one is coming up with a serious platform to securely do this.
So yeah im afraid we are stuck with holding and holding only.

Even if you are wary, I would still highly recommend BTCJam. Yes, it is possible that the person you loan can scam you and run off with your money. However, they have a pretty intuitive credit rating system over there, and you can pretty easily tell which loans are 100% legit or not. You can choose only to loan out to people with a high credit rating and extensive (flawless) loan history, and at that point it's a very low risk. The profit will not be too much on these lower risk loans, but it is much better than leaving your money sitting around doing nothing.
christycalhoun
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October 05, 2015, 01:29:22 AM
 #54

I'm currently just sitting on mine. I'm not so sure what to do with them.

Searing
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October 05, 2015, 07:25:10 AM
 #55

I'm currently just sitting on mine. I'm not so sure what to do with them.


My BTC and LTC are sitting in paper wallets in the local banks safety deposit box...likely 'taunting' the fiat in the other boxes as being sooooo 20th century Smiley

The reason for the safety deposit box is 1) its huge 2) its only 45 bucks a year and the MAIL the bill so no issues there 3) if the bank sinks into a sinkhole or something and all is lost..well just proof the asic gods hate me ..imho and I could then write it off to 'fate' Smiley should some such bank 'catastrophe" happen Smiley

and of course if i get hit by a truck my brother is on the  safety deposit box record so he can pull them Smiley

 (damn just jinx'd self) Smiley

the magic beans will grow ..or I will have a lot in common with the state beanie baby club Smiley




Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:)
ginvestor
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October 05, 2015, 02:00:42 PM
 #56

use them to play games.
biggbox (OP)
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October 05, 2015, 03:41:59 PM
 #57

I'm currently just sitting on mine. I'm not so sure what to do with them.


My BTC and LTC are sitting in paper wallets in the local banks safety deposit box...likely 'taunting' the fiat in the other boxes as being sooooo 20th century Smiley

The reason for the safety deposit box is 1) its huge 2) its only 45 bucks a year and the MAIL the bill so no issues there 3) if the bank sinks into a sinkhole or something and all is lost..well just proof the asic gods hate me ..imho and I could then write it off to 'fate' Smiley should some such bank 'catastrophe" happen Smiley

and of course if i get hit by a truck my brother is on the  safety deposit box record so he can pull them Smiley

 (damn just jinx'd self) Smiley

the magic beans will grow ..or I will have a lot in common with the state beanie baby club Smiley





Sounds like a good idea.


Perhaps if I were to draft my Will and include Bitcoins as part of my assets, wonder what will my lawyer say..

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child_rights_and_you
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October 05, 2015, 04:30:54 PM
 #58

use them to play games.

Not a good idea.
Better leave them sleeping for years. Time will answer how worth of your actions with your idle coins. Just remember Satoshi leaves his coins idle for years.
Febo
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October 05, 2015, 04:32:30 PM
 #59

I have some coins idling around in my wallet but I cannot bear to put it in hyip or risk it. But it is a waste to let it idle around. Yes. I have coins in some "lower risk" hyips to generate some interest which I'm prepared to write off. I also have some coins converted to hashing power in hashnest and BW.com but it has to be monitored else you will suffer a loss instead.  Grin


Unlike fiat currencies, I cannot park these coins into banks backed by governmental institutions. I put my fiat currencies in banks or blue chips but I cannot do it with cryptos.

So, what do you do with your idle coins? Let it sit around?

I have some in some casino invested as a house (not sure how is exact name of it). But with that same as the ones i have on exchanges, i risk that that casino get hacked and i lose all.
thinkinger
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October 05, 2015, 04:34:15 PM
 #60

with the half iwould invest in hashnest with the other half i would buy and sell btc,ltc,dash,dark

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