MyBTT
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March 06, 2016, 12:34:21 AM |
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Hello all,
I've good sum of bitcoins, and they represent good sum as well in my local currency.
I was thinking about selling all my bitcoins, lock that fiat money in investing certificates in my bank where I get %12.5 premium per year and buy bitcoins every month (it will take some time to re-buy again all my bitcoins, but not that long, could be 1-2 years as I will include my fiat salary as well).
Or, shall I hold and keep holding ?
If you were me, what would you do and why ?
Thanks in advance.
Holding your coins is definitely the best thing to do. If you convert to fiat, you won't earn as much money and I am pretty sure that you want to earn as much money as you can.
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ronaldinho_07
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March 06, 2016, 07:58:25 PM |
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Holdint till and before the halving that is near may be one wise choose as speculation is that bitcoin value will grow as we get closer it,soo maybe then you can choose what to do,about sell all coins i wouldnt do .You can sell a part of them to get the 12.5% year from your bank and keep playing with the rest of the bitcoins into the trade or lend services provided here or even at some exchange,but if i were you i would sell all ,atleast not now.
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Oscoda
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March 07, 2016, 04:05:06 PM |
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the best thing is just hold your coins. The value is not that high to sell it so that is not smart not to do it. It is better if you wait a little longer and that you can have also more profit if the value will be higher in the future.
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n0ne
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March 07, 2016, 06:28:51 PM |
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If you are sure to get the quoted percentage as interest, try it. But I feel such investments are not safe for my bitcoins. Of this reason I just hold my bitcoins.
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MaxTax
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March 08, 2016, 02:22:39 PM |
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holding your bitcoin is more safer than investing them and you will have no acces to them in one yeam for %12.5 so hold them and make more I absolutely agree with this. Not only you will have no access to your coins during the next year after investing but you might never see them again in the end. So you better hold your coins and the price of them, I hope, will raise more than %12.5 in one year. Yes but if you go by such logic, you never do anything with your coins! They'll have to leave their wallet at a moment, else it's totally useless ^.^ Holding is now the best thing that you can do. The value is not that high to sell it and it is also not that low to make an investment. So it will better if you hold. And just wait. We all hope that the value will rise and that it can be more worth later so we can sell it with profit.
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ronaldinho_07
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March 08, 2016, 06:46:26 PM |
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Wait i believe he has some 100 btc and above,and maybe he had bought last year on the 200 -250 dollars soo he is already in proof,but sure he should hold a bit more and sell during the halving or a bit after it as the price may gets bigger .
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kyrios_
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March 11, 2016, 05:53:12 PM |
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Wait i believe he has some 100 btc and above,and maybe he had bought last year on the 200 -250 dollars soo he is already in proof,but sure he should hold a bit more and sell during the halving or a bit after it as the price may gets bigger .
I agree. Bitcoin price seems to be bouncing of a floor at 400 and trying to push upwards
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ronaldinho_07
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March 12, 2016, 03:00:21 PM |
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Bitcoin will go up ,but before and to avoid be frozen waiting it to happen anyone should try the altcoins that are very atractive for a short position,meaning around some hours and max 2 days to avoid turn into a loss.
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Dodnastes
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April 19, 2016, 11:00:18 AM |
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Bitcoin will go up ,but before and to avoid be frozen waiting it to happen anyone should try the altcoins that are very atractive for a short position,meaning around some hours and max 2 days to avoid turn into a loss.
If the altcoin is attractive and the price is high, I will mine it and sell the coin to buy more bitcoin.
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