anson5479
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Activity: 1
Merit: 0
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December 14, 2015, 12:54:37 AM |
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Just don't gamble it.  |
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chennan
Legendary
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Activity: 1316
Merit: 1004
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December 14, 2015, 12:58:14 AM |
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Hey so i recently got about 1,5 BTC from a service i started and now im wondering what i should do with this. Any tips?
Honestly, the best thing to do is buy a good hardware wallet that keeps your bitcoins safe if your bringing in that much bitcoin in from your service that you provide... but if I may ask, what type of service do you do? I'm more interested, because it's hard to find a niche market like that, and if it's something that only a small group of people can do on here and it's in high demand, then that's awesome! Best of luck in your business. |
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ShrykeZ
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December 14, 2015, 01:04:02 AM |
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If you are fairly new to Bitcoin, try a few games out for small stakes, maybe buy something that you are interested in, there's a wide variety of stores that accept Bitcoin or offer vouchers off major stores. Or disregard all of that and just hold for a rainy day.  |
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steveds
Legendary
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Activity: 966
Merit: 1000
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December 14, 2015, 05:28:33 AM |
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Hey so i recently got about 1,5 BTC from a service i started and now im wondering what i should do with this. Any tips?
If you are in a country or city where you get free electricity or at negligible price then buy an antminer and keep mining for a decade otherwise it is much better just to hold the coins rather than investing in anything else nowadays.You can spend them if you have the opportunity to offer the service again and collect some coins without much complications. |
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Invulner
Sr. Member
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Activity: 266
Merit: 250
Invulner
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December 14, 2015, 05:31:42 AM |
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I think it wise to save it up here and there. When i have a big amount of BTC I tend to save up more, but when I've got a small or no BTC I tend to waste those even more.
You have the perfect opportunity to save up IMO.
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NorrisK
Legendary
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Activity: 1946
Merit: 1007
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December 14, 2015, 07:25:47 AM |
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Depends on whether or not you need cash at the moment. If you don't need it, why not hold it for a while? Market looks pretty good at the moment, so the risk is lower than a year ago, when we were still trending downwards.
Alternatively, you can diversify, buy some altcoins for instance,l just don't use cryptsy at the moment, they are having problems.
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FUBAR-BDHR
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December 14, 2015, 07:32:42 AM |
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Spend it on some fun. See my sig for a great place.
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eternalgloom
Legendary
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Activity: 1792
Merit: 1283
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December 14, 2015, 07:36:30 AM |
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I would personally spend the biggest part of it on cloudmining, it does take a long time to make any ROI, but I expect good returns in the future.
Do make sure you pick a reputable company that is actually mining and not some ponzi.
Also, just holding it might be a good option too.
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USB-S
Sr. Member
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Activity: 574
Merit: 250
In XEM we trust
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December 14, 2015, 07:46:38 AM |
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I would personally spend the biggest part of it on cloudmining, it does take a long time to make any ROI, but I expect good returns in the future.
Do make sure you pick a reputable company that is actually mining and not some ponzi.
Also, just holding it might be a good option too.
Cloud mining might work for some, but a lot of people get fucked over by either the difficulty or block halving. So just be careful. |
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vlom
Legendary
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Activity: 1498
Merit: 1117
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December 14, 2015, 08:23:13 AM |
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Hey so i recently got about 1,5 BTC from a service i started and now im wondering what i should do with this. Any tips?
pay your VPN. 1.5 BTC will give you access for about 10 years. |
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LFC_Bitcoin
Legendary
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Activity: 3528
Merit: 9552
#1 VIP Crypto Casino
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December 14, 2015, 08:25:27 AM |
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Put it in cold storage & keep it safe, think of it as an investment for future gains.
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Rubberduckie
Legendary
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Activity: 1442
Merit: 1000
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December 14, 2015, 08:37:25 AM |
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Put 1 btc in cold storage and take the other half a bitcoin
and trade it and try and turn it into another full bitcoin is
what I would do. I usually save a portion and gamble a portion
each time I get some btc.
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Amph
Legendary
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Activity: 3206
Merit: 1069
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December 14, 2015, 08:39:16 AM |
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maybe you should make some publicity for your service, to increase evne more your amount, what service we are talking about?
for those 1.5 i would keep them especially now that the price is increasing nicely
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justspare
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December 14, 2015, 08:41:27 AM |
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There are many things that you can spend your Bitcoin on. It all comes down to what you want to spend it on. You could even invest your Bitcoin. Good luck spending.
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helloeverybody
Legendary
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Activity: 1008
Merit: 1000
★YoBit.Net★ 350+ Coins Exchange & Dice
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December 14, 2015, 08:48:33 AM |
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If it was me I would just hang on to it and hope for a nice price rise.
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justspare
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December 14, 2015, 09:04:05 AM |
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Put 1 btc in cold storage and take the other half a bitcoin
and trade it and try and turn it into another full bitcoin is
what I would do. I usually save a portion and gamble a portion
each time I get some btc.
Wouldn't it just be smarter to trade with all the Bitcoin? Won't you earn Bitcoin faster that way? I'm not really into trading but that's the way I see it. |
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justspare
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December 14, 2015, 09:06:12 AM |
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If it was me I would just hang on to it and hope for a nice price rise.
Or you could just trade it, make more money and then sell it when the price rises. I also spend my Bitcoin on purse.io, great site that gives you a discount just for using Bitcoin to pay. |
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eternalgloom
Legendary
Offline
Activity: 1792
Merit: 1283
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December 14, 2015, 09:23:38 AM |
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I would personally spend the biggest part of it on cloudmining, it does take a long time to make any ROI, but I expect good returns in the future.
Do make sure you pick a reputable company that is actually mining and not some ponzi.
Also, just holding it might be a good option too.
Cloud mining might work for some, but a lot of people get fucked over by either the difficulty or block halving. So just be careful. Oh yeah I know it's definitely a risky investment, but it could also be very profitable in the future if you keep the coins you mine. |
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Karartma1
Legendary
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Activity: 2310
Merit: 1422
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December 14, 2015, 09:35:22 AM |
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Put it in cold storage & keep it safe, think of it as an investment for future gains.
Yes, or learn hot to make a nice paper wallet to forget about your holdings: then wait a bit and come back here. Apart from all this my only advice for you is to keep them safe and to learn hot to handle them in the best possible way. And then good luck. |
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WENGER
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December 14, 2015, 09:40:51 AM |
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One thing for sure, don't try to gamble as your excitement might be on top of you and will lead you to losses and fast decision makings. If you could come up with a good plan that could help grow that ...maybe invest it on a new project of yours and hopefully will be a success in a long run and will be worthy expense in the end.
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