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Author Topic: If i give you 10 BTC what will you do?  (Read 228979 times)
gerXhonza
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September 23, 2016, 09:47:17 AM
 #3461

I would certainly store most part of it for a very long time. The price is not going up right now, but I think there are good chances for the future.
I think if I have 10 BTC course it is a very large number, of course I will always watch very carefully. so I'll just hold it. it will remain profitablle
the best way you have to do is hold 5 BTC and using 5 BTC's capital or grow it to become larger. so you do not just wait for bitcoin price increases, because it always takes a long time.

Yes and with 5 btc you can make good profits on daily basis in trading, and if trading doesn't work for you then you always have 5 btc as an backup that can take care of you in future.
Well, if you can make that amount on a daily basis then that is really good, but I do not think that can be easily done and I have not seen nor heard a certain trader that makes consistent money in trading on la daily basis.
Daily profits is possible with altcoin trading but to feel those profits you need to invest higher capital so even a small fluctuation can give you good profits.
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September 23, 2016, 11:13:11 AM
 #3462

First of all, i'll convert half of them to fiat. Remaining will be used to trade with Altcoins.
wildworld
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September 23, 2016, 11:23:46 AM
 #3463


I would double 10 bitcoin in 10 months on the forex market.
Without risk.
As an experienced trader, this is possible!
Corenin
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September 23, 2016, 11:43:02 AM
 #3464

First of all, i'll convert half of them to fiat. Remaining will be used to trade with Altcoins.

Yes its always good to have some hard cash in hands so that we can use it or invest it somewhere else, and with rest we can start trading where we can expect some profits on regular basis.
Noctis Connor
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September 23, 2016, 12:07:04 PM
 #3465

I do allot of things when you just have me 10 bitcoins dont you knoiw how much 10 bitcoins are you sure you want to give me that just for nothing should sell them by my self.
Yes thats true if you hold that much of bitcoins you will never know what to do and you all want is to spend that bitcoin in internet or you are going to exchange that into real cash to spend to buy some gadgets and anything you want in life for sure.
stromma44
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September 23, 2016, 12:36:47 PM
 #3466

I do allot of things when you just have me 10 bitcoins dont you knoiw how much 10 bitcoins are you sure you want to give me that just for nothing should sell them by my self.
Yes thats true if you hold that much of bitcoins you will never know what to do and you all want is to spend that bitcoin in internet or you are going to exchange that into real cash to spend to buy some gadgets and anything you want in life for sure.

Its better to have control on our spending and don't waste it on useless things, best thing is to invest them somewhere from where we can earn regular profits.
8Habits
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September 23, 2016, 12:43:49 PM
 #3467

I do allot of things when you just have me 10 bitcoins dont you knoiw how much 10 bitcoins are you sure you want to give me that just for nothing should sell them by my self.
Yes thats true if you hold that much of bitcoins you will never know what to do and you all want is to spend that bitcoin in internet or you are going to exchange that into real cash to spend to buy some gadgets and anything you want in life for sure.

Its better to have control on our spending and don't waste it on useless things, best thing is to invest them somewhere from where we can earn regular profits.

This really boils down to what kind of risk tolerance a certain individual is in terms to investing. If we take it conservatively with sure return, we can convert it to fiat money and invest to government bonds. The profit is not that much compared to regular stock bonds or trading in cryptocurrencies but the risk is lesser than the latter two investment vehicles.
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September 23, 2016, 12:47:02 PM
 #3468

Half of them will to withdrwal, and the rest for trading. But it so imposible if someone give me that much btc. It just dream lol XD
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September 23, 2016, 12:49:36 PM
 #3469

what do you want done
extrabyte
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September 23, 2016, 12:51:46 PM
 #3470

I would certainly store most part of it for a very long time. The price is not going up right now, but I think there are good chances for the future.
I think if I have 10 BTC course it is a very large number, of course I will always watch very carefully. so I'll just hold it. it will remain profitablle

I would do the same if I don't get any good and profitable investment source..
saving bitcoin it self a good way to get profit. because bitcoin price willincrease. but there is some concern in holding bitcoin. first is bitcoin price is unpredictable . future price increase is not guaranteed. and 2nd is to get hack and lose money..
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September 23, 2016, 01:32:57 PM
 #3471

I would certainly store most part of it for a very long time. The price is not going up right now, but I think there are good chances for the future.
I think if I have 10 BTC course it is a very large number, of course I will always watch very carefully. so I'll just hold it. it will remain profitablle

I would do the same if I don't get any good and profitable investment source..
saving bitcoin it self a good way to get profit. because bitcoin price willincrease. but there is some concern in holding bitcoin. first is bitcoin price is unpredictable . future price increase is not guaranteed. and 2nd is to get hack and lose money..

I think you can save them in a paper wallet so that it will not be easy for anyone to hack them, but yes there is no assurance that price will rise in future which can give us good profits.
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September 23, 2016, 01:52:18 PM
 #3472

I would certainly store most part of it for a very long time. The price is not going up right now, but I think there are good chances for the future.
I think if I have 10 BTC course it is a very large number, of course I will always watch very carefully. so I'll just hold it. it will remain profitablle

I would do the same if I don't get any good and profitable investment source..
saving bitcoin it self a good way to get profit. because bitcoin price willincrease. but there is some concern in holding bitcoin. first is bitcoin price is unpredictable . future price increase is not guaranteed. and 2nd is to get hack and lose money..

I think you can save them in a paper wallet so that it will not be easy for anyone to hack them, but yes there is no assurance that price will rise in future which can give us good profits.

paper wallet would do  but still have some risk if you intend to keep for  longer years which  those  prints would be faded and  other information on it . No matter  what wallet  do you use there still risk on lossing  your coins. 10 btc is already  a big amount which you could  do some things with it  but   majority of us here choses to keep it for  long time.

btcking101
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September 23, 2016, 01:57:56 PM
 #3473

Many users said that they would hold those 10 bitcoins for the possibility of increase in bitcoin price in the future but i am the one who wants to do something with my bitcoins all the time so i cannot just hold them.I would use them for some investements in web designing and other investements as well.
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September 23, 2016, 02:01:52 PM
 #3474

Many users said that they would hold those 10 bitcoins for the possibility of increase in bitcoin price in the future but i am the one who wants to do something with my bitcoins all the time so i cannot just hold them.I would use them for some investements in web designing and other investements as well.

Its good to invest them at legit place where you can get some returns in future, holding can give you profits only if price goes higher in future and we don't know what will be the exact picture in future.
Eliteman12
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September 23, 2016, 03:34:45 PM
 #3475

I want ask anyone if i give you 10 Btc what will you do. because i want investment but i have no any good idea to invest it (except gambling) but i don't like dambling.So i want ask you viewS.

There are a lot of things to do with these 10 bitcoins, as 10 bitcoins is a lot of money, usually around some thousands of dollars. So, you have to be VERY careful with this money whatever you will decide to do with them. It is very easy to lose this amount if you are not carefull Smiley.

It is good that you don't want to gamble this amount of bitcoins too, as gambling is one of worst things to "invest" your bitcoins, plus you get addicted which would be even worse for you and your future. Don't try to gamble.

If i were you, i would keep these bitcoins for now, and wait for price rise. Price is quite large right now but it will be larger in near future, so you will have more use from your bitcoins later, keep this in your head. And once price will be larger, i think you should:

A. If you are lazy, you could invest these bitcoins into mining, gambling, or maybe even good loaning site, as you will get profit each month/week from it.
B. Try to start altcoins trading with couple of bitcoins. This is much harder way to earn as it needs a lot of skills, and even luck, but if it is done well, you can earn a lot of bitcoins from trading.
C. Do bitcoins and Fiat trading. If B way is too hard for you, try this. simply find exchange site that you like, and buy bitcoins when they are cheap, keep them, and then sell later when they will be expensive, you should get easy profit, though not too much.

Keep in mind that all of these options are very risky. Be safe whatever you do.
boybugs18
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September 23, 2016, 03:56:08 PM
 #3476

I can use it for trading lets call it a "waiting game" , buy low sell high or gonna buy domain and hosting to host many articles about bitcoin.

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September 23, 2016, 03:57:39 PM
 #3477

I will put all that money in altcoin trading as that is the best place to invest from where it will be easy to make small but regular profits which will keep on adding value to my coins.

Spirit2016
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September 23, 2016, 03:58:45 PM
 #3478

After the last time when I wondered what I would do with these coins if they gave me 10 btc, but definitely nothing except investments not come to mind. You can certainly spend and buy something dreamed about, but we can do more wisely and at first to earn more and to implement ideas, too, more
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September 23, 2016, 04:07:04 PM
 #3479

I would certainly store most part of it for a very long time. The price is not going up right now, but I think there are good chances for the future.
I think if I have 10 BTC course it is a very large number, of course I will always watch very carefully. so I'll just hold it. it will remain profitablle

Your bitcoin holding remain profitable if bitcoin is an uptrend or does not go below the price when that 10 BTC is bought.  We cannot say that holding bitcoin will be profitable because of its ups and down (volatility) in price.  10 BTC is a big amount,  you can set up  some small business with that amount.

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bamboylee
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September 23, 2016, 04:09:00 PM
 #3480

I would certainly store most part of it for a very long time. The price is not going up right now, but I think there are good chances for the future.
I think if I have 10 BTC course it is a very large number, of course I will always watch very carefully. so I'll just hold it. it will remain profitablle
the best way you have to do is hold 5 BTC and using 5 BTC's capital or grow it to become larger. so you do not just wait for bitcoin price increases, because it always takes a long time.

Actively growing your bitcoin is better than passively waiting for the price to go to the moon. It could also involve some risk but I think the risk is manageable and you can be very profitable in investing or in trading.
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