blackside
Member
Offline
Activity: 87
Merit: 10
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January 02, 2016, 03:35:33 PM |
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Most of them are sitting on my cold wallet! Some are used to invest in Bitcoin banks, like haobtc, bitbank which are paying small amount of interest!
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EdenHazard
Legendary
Offline
Activity: 2674
Merit: 1048
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January 02, 2016, 05:20:19 PM |
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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. 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 idle coins,i bought them when I'm sure the price is very low, and I'm sure later the price will go up, but sometimes I choose the wrong coin, even the coin was not up the price, even being a scam.
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jethrorn99
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January 03, 2016, 08:52:10 AM |
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I'll keep my idle coin safely in my wallet and wait , maybe one day the price will rise and i could sell it for some profit.
Or use it if I am in a dire need of an item.
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kheein
Sr. Member
Offline
Activity: 686
Merit: 251
Turn your financial ideas into reality
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January 06, 2016, 03:46:25 PM |
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now I just keep idle coin in my wallet , and I will sell at a time when appropriate .
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sishendaoye
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January 06, 2016, 04:32:36 PM |
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now I just keep idle coin in my wallet , and I will sell at a time when appropriate .
Yes i prefer to store them offline and not on some exchange. They can't be trusted. Then every week i download (update) the blockchain so when I need i can transfer them quickly.
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wikenpp
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January 06, 2016, 06:18:03 PM |
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Always i transfer them back to my wallet too. Even if it is worth only .1 BTC. Safety first even when you deal with good exchanges.
They have wallet issues too.
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Nabicoma
Newbie
Offline
Activity: 38
Merit: 0
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January 09, 2016, 09:44:18 AM |
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Always i transfer them back to my wallet too. Even if it is worth only .1 BTC. Safety first even when you deal with good exchanges.
They have wallet issues too.
The cryptsy has wallet issues at the moment. It stopped trading and withdraw of the coins. It is in trouble.
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SuperCoinGuy
Full Member
Offline
Activity: 224
Merit: 100
Defender of Bitcoin
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January 09, 2016, 12:24:42 PM |
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I have some idle coins lying around but I am hesitant to invest them because I am scared I will lose them. Can anyone recommend a 100% sure investment website with any % of profit?
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cellard
Legendary
Offline
Activity: 1372
Merit: 1252
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January 09, 2016, 03:18:49 PM |
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As long as no one comes with a better idea than holding, im going to keep holding and while I hold im going to keep stacking even more BTC, as much as I can, I will eat only cheap ramen and live under a bridge if that means I can buy even more BTC monthly. In 10 years it will be worth the extra effort.
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vurasasog
Newbie
Offline
Activity: 65
Merit: 0
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January 21, 2016, 08:47:30 AM |
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I have some idle coins lying around but I am hesitant to invest them because I am scared I will lose them. Can anyone recommend a 100% sure investment website with any % of profit?
I think there is no 100% sure investment opportunity. The mining is a good business if your electricity price is lower than $0.05 /kWh.
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Bitcoinbro
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January 21, 2016, 09:04:10 AM |
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I don't do anything with my idle coins. I prefer to have those coins on a cold wallet. If I'm not going to use them I might as well keep them safe.
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vrm86
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January 21, 2016, 09:32:34 AM |
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If there would be a service for deposit BTC, that would be as safe as bank loans and give you some micro-earnings, it would be great
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RealBitcoin
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January 21, 2016, 11:47:02 AM |
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I just let it sit idle, honestly. I can't seem to find a good investment wherein I would get a guaranteed passive income out of my bitcoins. Too many scam sites and platforms appearing out of nowhere. Cloud mining can't be that profitable, so is trading because I lack the time to execute trades.
Well there is, but yes indeed about 75-80% of the coins should stay idle. It's too bad since it would be better for the economy if those coins were used, however until we can establish a trusted bitcoin bank (without ponzi scheme), we cannot deposit our coins anywhere safe. Not even exchanges are safe after Gox and Craptsy.
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MedaR
Legendary
Offline
Activity: 2380
Merit: 1026
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January 21, 2016, 12:47:12 PM |
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Idle coins ? 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!
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pooya87
Legendary
Offline
Activity: 3486
Merit: 10665
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January 21, 2016, 01:00:33 PM |
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i personally prefer to invest my money in things that i can control more than others (obviously you can never predict and control with 100% certainty). so i prefer investing in trade. i mostly play around with altcoins because of their higher volatility hence higher profit. but at the same time i trade bitcoin on the side too whenever the price is moving.
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danherbias07
Legendary
Offline
Activity: 3164
Merit: 1123
Leading Crypto Sports Betting & Casino Platform
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January 21, 2016, 01:39:37 PM |
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Just letting it rot at my wallet. Is that good? I dont really have anything to do. Besides those investment are really off. You dont know if it will be a scam in a few months or it real.
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Rotator
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January 21, 2016, 01:46:04 PM |
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How can i loan from someone and how much would i get? This is very tricky !
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opossum
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January 21, 2016, 01:52:03 PM |
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Just letting it rot at my wallet. Is that good? I dont really have anything to do. Besides those investment are really off. You dont know if it will be a scam in a few months or it real. To be honest it is always best in your own wallet if you don't know how to trade. Many investments as you said just won't work out. I personally trade a little BTC/USD and invest in some alts other than that they're just sitting in my wallet as well.
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pooya87
Legendary
Offline
Activity: 3486
Merit: 10665
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January 21, 2016, 02:10:51 PM |
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How can i loan from someone and how much would i get? This is very tricky !
Lending sectionInfoyou 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
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