What do you do with your idle coins?

[n691309]

OP should understands what idle means, so idle coins are staying in a wallet that does not have any spending output so these are just hold there for a long time.

Haha. Yes you are right. Thanks for pointing it out.  I have 2 portions of coins - one portion that is idle doing nothing. Another portion which I feel should be working for me.

Then these should considered one as cold wallet which are held for a while, then the other one should be considered as hot wallet as there will be /are often inputs and outputs.

[Omikifuse]

They are idle for some reason, one must have some so you won't risk losing them to hacked exchanges or to scams.

So my idle coins just idle around

[Amph]

I store them offline. No point in having them online if you're not going to use them.
I'm saving them up for a day when I'm in need of money for now. It's like my savings account.

I believe the coins you hold must grow in numbers as well. Although passively it grows in value, the numbers should also grow too. Recently, I;m exploring investment options in dice sites. So far, moneypot has been positive.

this is a good way to reduce your stash in a short term, it's better to leave them there and find a job which will be a more secure way to acquire more bitcoin, than gambling

[HarryKPeters]

Some are on exchanges but most of them are safely stored in my encrypted wallet. It's never safe to store too  on an exchange, but i prefer to have some coins available online for when i get a good deal.
However i never try to have more then 5 btc on 1 exchange.

[cellard]

I store them offline. No point in having them online if you're not going to use them.
I'm saving them up for a day when I'm in need of money for now. It's like my savings account.

I believe the coins you hold must grow in numbers as well. Although passively it grows in value, the numbers should also grow too. Recently, I;m exploring investment options in dice sites. So far, moneypot has been positive.

this is a good way to reduce you stash in a short term, it's better to leave them there and find a job which will be a more secure way to acquire more bitcoin, than gambling

Sometimes it's fun to gamble. I was anti-gambling in the past but at least once a week, a small symbolic amount like 0.01 can be fun to gamble with, and sometimes if you are lucky you can end up with a lot of money, if not... you only lose 0.01 which is not that much to lose once or twice times a week.

[Mr. Forum]

In first place, I have no idle coins. I always prevent being in such like situations because i end up using the coins to the talks that I had not planned for. Before coming to this resolution, I was having issues since I could spend all the coins that I have been able to trade throughout the week. Buying pizza using the coins I have spend sleepless nights trading is very painful I will urge you guys to spend the coins wisely owing to the fact that they are highly valued.

[helloeverybody]

Sometime i like to take them out of my paper wallet and give them a little polish up, I then admire them lovingly before tucking them back in for the night.

[DimensionZ]

I don't have a lot of coins yet but was wondering if you can invest what you have somewhere and get an interest on them like a bank?

[biggbox]

I don't have a lot of coins yet but was wondering if you can invest what you have somewhere and get an interest on them like a bank?

Yes. There are sites that provides such services. But it is all depending on your risk appetite as those sites are unregulated (the spirit of BTC). Those sites may close down anytime and run away with your coins.

[Imoote]

There are only 2 options:
Allow it to collect many or immediately spend 

[Yakamoto]

I keep my idle coins in my wallet, just to have them packed together in one place. I feel like investing some of them into different locations, but I still have to get around to doing that one day.

I've been looking at sites like BTCJam or whatever as a sort of way to grow my overall balance, but I don't think that investing $15 is going to do much at this point. I'll at most be earning $1.5 with 10% interest, probably only $0.15 in reality. Not worth the transfer fees at all.

[faridkifly]

you have to save it.
because it would be useful in future if the unexpected happens. at least if you keep it, you still have investments 

[cryptonit]

if ya have idle coins
how about invest in something really unique?




in case the opportunity is to big for u
u can get at least 150 DMD by find someone who can take it



https://bit.diamonds/auction.html


(first round only two legendary10 are avaiable and both have a bid already!)

(The Allnatt Diamond: Unique Crypto Asset)is at 2.6 BTC

and other /The Moussaieff Red Diamond: Unique Crypto Asset) at 3.5 BTC already

so in fact both stones of phase 1 are above starting bid of phase 2 already

[lavapits]

it just stays in my wallet for the price increase

[bctmke]

It just chills - earning me more when the price goes up and loses me more when it goes down!

[HarryKPeters]

Some are safely in my offline wallet. The rest (the coins i need for buying and trading) are on the exchanges and in 2 different webwallets (blockchain.info + coinbase)

In time of financial trouble i can always buy more since it got some cash on kraken for instant purchase.

[Decoded]

They're as you say, "idle". I don't do anything with them. I'm saving them for a rainy day, a few years from now when bitcoin is worth tons :3

Even then though, I still might not sell my coins.

[megatron1337]

Very strange question...  The coins being idle are what someone would be doing with them.  I suppose you could stare at them through your computer screen or perhaps if it's a paper wallet, you sniff the paper.

[DaddyMonsi]

Very strange question...  The coins being idle are what someone would be doing with them.  I suppose you could stare at them through your computer screen or perhaps if it's a paper wallet, you sniff the paper.

If you will take the question literally then everyone here including you will just will just stare at the exchange rate of Bitcoins regardless if you are a trader or not, but what OP wan't to know is if you have any plans of spending it or let it stay in your wallet till you finally found good use of that Bitcoins.

[chennan]

Honestly it depends on how much coinage you have, IMO.  If you have a good bit, then I suggest maybe putting them into cold storage or paper wallets.  But honestly, I think the best way to do this and "gain interest" litterally, is to buy some type of physical coin which you can load your coins there.  Something that you can hold on to, and more than likely they will pan out to have a pretty high premium later on down the line in the future when physical bitcoins coming out from this decade will be highly sought after.

Better to have coins just sitting in a hot wallet idling, where they could be easily stolen.