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Author Topic: What do you do with your idle coins?  (Read 30459 times)
gregyoung14
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February 03, 2016, 11:23:50 AM
 #281

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?



There are safe miners and faucets out there right? I think you should try and invest your spare and idle coins. That's the idea of all these. To grow your funds..
WhatTheGox
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February 03, 2016, 11:38:18 AM
 #282

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?

Bitcoin is deflationary and over the past the value has always gone up so your coins are earning some of the best interest rates ever seen even though it looks like they are sat around.  Any investment to store your coins with someone else is going to come with risk for the % gains its probably not worth it for most of your stash.
starbook
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February 03, 2016, 12:54:43 PM
 #283

I hold them, Been looking for a long while now for a field that I can invest BTC into and did not find any reasonable field yet, High-risk investments or gambling are out of the question, Trading is also like gambling since the market movement can not be guaranteed, loaning is a bad idea, no reliable banks or sites offering interest.
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February 03, 2016, 01:02:49 PM
 #284

Park them, If I feel like it move it to a Pow coin
But they usually remain idle.

Believing in Bitcoins and it's ability to change the world
ObscurePen
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February 03, 2016, 01:16:07 PM
 #285

I either hold the majority of my coins in a TREZOR hardware wallet, or sometimes I lend them in Poloniex to margin traders for a nice ~0.15% gain daily.
neonshium
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February 03, 2016, 03:45:24 PM
 #286

I never like to see some idle bitcoins in my wallet. My preference is that if we have bitcoins we must use them in some constructive work and try to attract more bitcoins with it. I have friends who always need loans. So I sometimes ask my idle coins to get to my friend and come back with little friends known as interest.
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February 03, 2016, 03:55:47 PM
 #287

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

Instead of leave it idle, won't it be better if you grow it by trade them? With altcoin, I mean. Their fluctuation is quite fast, and though -inevitably- you'll got some lost on one or two occasion, but you'll got some profit too, its surely better than letting it idle
Cuidler
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February 03, 2016, 04:15:07 PM
 #288

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

Instead of leave it idle, won't it be better if you grow it by trade them? With altcoin, I mean. Their fluctuation is quite fast, and though -inevitably- you'll got some lost on one or two occasion, but you'll got some profit too, its surely better than letting it idle


It is no different than gambling unless your very experienced with virtual curency tradings and already learned the hard way. Afterall, for ever winner you need a loser in such zero sum game like virtual curency trading.

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klm bitcoin
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February 03, 2016, 04:17:45 PM
 #289

There's a part of it that I just leave them in my hardware wallet. About 40% of it I invest in loans and this type of thing. Helps keep balanced the risk versus the profits I can make from those values.


jchst
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February 03, 2016, 07:20:02 PM
 #290

i trade them mainly with USD and sometimes with new interesting alt-coins Cheesy .
lixer
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February 03, 2016, 08:19:03 PM
 #291

I have no idle coins , but when I have I try to invest them here and there for short term profits. Sometimes I make sites and all and invest money there, later sell the niche or sites for a higher price, hard to see BTC accumulate with me in my wallet Smiley

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February 03, 2016, 08:21:42 PM
 #292

I mostly trade my bitcoin so I don't really have that many idle coins. If I do have any spare coins, I keep them in my cold wallet.
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February 04, 2016, 04:58:07 AM
 #293

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 am doing  with idle coins. first I  want to  change to other currency and idle coin is when not change other currency and after I want to sell. when i need some goods first I am using idle coin

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pooya87
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February 04, 2016, 05:54:52 AM
 #294

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

Instead of leave it idle, won't it be better if you grow it by trade them? With altcoin, I mean. Their fluctuation is quite fast, and though -inevitably- you'll got some lost on one or two occasion, but you'll got some profit too, its surely better than letting it idle


It is no different than gambling unless your very experienced with virtual curency tradings and already learned the hard way. Afterall, for ever winner you need a loser in such zero sum game like virtual curency trading.

you can start by investing a small amount at first, in order to learn the basics and make the mistakes a newbie makes. then after that you will learn and stop making those mistakes.

it is like learning anything else, you don't start any job knowing every trick but you learn little by little as you go forward.

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February 04, 2016, 07:39:01 AM
 #295

No idle coins. No point in having idle coins. I use all my coins to invest, lend, gamble, spend, anything but idle.

If we all keep coins idle, how the fuck is crypto going to grow.

For security, your account has been locked. Email acctcomp15@theymos.e4ward.com
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February 05, 2016, 06:48:15 AM
 #296

I hold them, I invest them in small running projects when I see one looking good and offering decent interest in bitcoin stock sites, I sometimes invest some in gambling website offering participation in bankroll.

Account Relinquished to @Operatr https://bitcointalk.org/index.php?topic=1325685
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February 08, 2016, 03:21:16 AM
 #297

Some of my coins are stuck in Loanbase. The site is now under maintenance due to an attack: https://www.reddit.com/r/Bitcoin/comments/44lner/loanbase_send_email_to_users_saying_they_were/

It claims to have lost 8 BTCs.

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Backside walkaround
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February 08, 2016, 03:23:51 AM
 #298

I got a hard time letting coins sit.  Not gonna lie.  I like trading some bitcoin here and there for other coins like DASH and some others.  Never made much money doing so however.  Trading is tough, man.  So I guess the coins aren't idle anymore if I'm trading them, are they?  Idle coins just sit...idle.

If the original Backside walkaround can prove to me they are the old owner of this account, I can update the email address to the email address of their choosing.
Backside walkaround has lost access to their account as they used someone else's email address to sign up, and the owner of the email address got tired of random email notifications from this site after a few months and reset the password.
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February 08, 2016, 03:38:16 AM
 #299

i have idle coins too , don't know what to call but i put some profit from trading and save it , my purpose is waiting untill halving party come and see what can i do with these coins, just hope price will increase at that time 

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February 08, 2016, 03:54:28 AM
 #300

I got a hard time letting coins sit.  Not gonna lie.  I like trading some bitcoin here and there for other coins like DASH and some others.  Never made much money doing so however.  Trading is tough, man.  So I guess the coins aren't idle anymore if I'm trading them, are they?  Idle coins just sit...idle.

what do you do  after converting to DASH, will you do something else with it or make it idle in dash or keep on converting to other coins  Huh , i am new to all these so just want to know
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