MadMissing (OP)
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May 05, 2016, 09:35:01 AM |
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How can I benefit from btc? I mean let's say I bought 2 btc, what next? how can I earn more of btc or dollars
Why do people rush over btc if it's just an electric currency without having benefit from it?
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pedrog
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May 05, 2016, 09:44:16 AM |
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The majority of us use it as an investment, we hope it will increase in value sometime in the future, it is also wide used to protect some of your money from bank failure and even currency devaluation in some countries.
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Fraxinus
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May 05, 2016, 09:47:06 AM |
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See it as an investment,as an alternative to the current situation.For me bitcoin is something that I truly stand behind,I like the idea,the whole concept behind it so it's not just an investment but more so an idea for me which I support.
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elyas772
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May 05, 2016, 09:48:32 AM |
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If you've bought 2 BTC, you can hold it for a higher price, because there are halving this year, which is likely to make prices rise higher. when you wait for it. You can learn about the trade, it is a very good way to make a profit, compared to other investment that is highly vulnerable to scammers
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Quartx
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May 05, 2016, 09:50:36 AM |
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Many treat it like investment like others have mentioned, personally I use it in addition to investment by spending it in places which may seem fishy to protect by personal data, staying anonymous while still being able to purchase goods like gift cards or Web hosting.
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~BitSy~
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May 05, 2016, 10:18:48 AM |
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Since you seem to look for a way to profit from it, then holding it until halving stage is finished then you could expect to have good amount of profit by then. You could sell it and see the amount of profit you've gain from the amount you paid for it in the first place but also have this in mind that it's value could go down as well if something put a counter effect on it from market reactions. Think of it like a trading between Dollars and bitcoin because you should buy bitcoin at low and sell it at high.
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Embroiderymate
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May 05, 2016, 11:02:24 AM |
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The only way to benefit from bitcoin atm is to hold it as an investment for the future maybe it can make you rich one day.
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NorrisK
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May 05, 2016, 11:07:50 AM |
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Save those two BTC and wait for the price to increase.
In the meantime, start collecting more BTC to be able to play with. You can do some small investments or give loans etc.
By securing the two BTC, you are atleast sure that you will hold those coins and not go below it due to bad judgements.
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fkvidar
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May 05, 2016, 11:18:53 AM |
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The only way to benefit from bitcoin atm is to hold it as an investment for the future maybe it can make you rich one day.
Only holding will not give higher profits but if you try to grow your coins then you will be holding more coins in future which will help you to earn more profits. |
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x13
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Things are called shit for a reason, dear.
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May 05, 2016, 11:19:02 AM |
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How can I benefit from btc? I mean let's say I bought 2 btc, what next?
It depends on how much risk you wanna take to increase your investment. I would recommend to invest a part of your Bitcoin stake into some promising altcoin projects like Factom, Maid, probably Ethereum etc. But this is on your own. Do some careful research before investing. |
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notlist3d
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May 05, 2016, 11:48:53 AM |
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1) How can I benefit from btc?
2) I mean let's say I bought 2 btc, what next? how can I earn more of btc or dollars
3) Why do people rush over btc if it's just an electric currency without having benefit from it?
Ok split it into 3 parts. How do you benefit? We need to know more about your situation but bitcoin is a payment network that spans the world. Easy to use and send to someone far away if needed. Some benefit much more from it's functions then others Ok before buying 2 you need to decide what is your goal? Are you buying for a profit? If so could mean holding it a decent amount of time trying to gain a profit. There are no guarantees you could win big or lose big. But you need to decide are you happy with 10 dollar profit? 50 dollar profit? ETC. No one else but you can set your goals. You really need to read more about the beneficial nature of bitcoin and what it has to offer. As far as "rush over btc" it is the number one crypto currency. So it is the one with the most publicity, most acceptance, etc. So if looking at crypto world it is the coin use most of time. |
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peta4e
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May 05, 2016, 02:08:36 PM |
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How can I benefit from btc? I mean let's say I bought 2 btc, what next?
It depends on how much risk you wanna take to increase your investment. I would recommend to invest a part of your Bitcoin stake into some promising altcoin projects like Factom, Maid, probably Ethereum etc. But this is on your own. Do some careful research before investing. Investments should be done with care, as there are many ponzi sites available online which are busy in scamming you which will result in huge loss. |
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hasiramasenju
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May 05, 2016, 02:20:04 PM |
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How can I benefit from btc? I mean let's say I bought 2 btc, what next? how can I earn more of btc or dollars
Why do people rush over btc if it's just an electric currency without having benefit from it?
so many similar thread such this before and do not be lazy to find your answers here because you will find plenty good answers on the previous thread i'm telling this because regarding your questions the answers will still same |
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Petersen
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May 05, 2016, 02:30:22 PM |
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How can I benefit from btc? I mean let's say I bought 2 btc, what next? how can I earn more of btc or dollars
Why do people rush over btc if it's just an electric currency without having benefit from it?
See it like forex market, where you can trade bitcoins with fiat money. Exchanging two or more currencies could give some benefits, but you need to be a good trader. |
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target
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May 05, 2016, 02:49:36 PM |
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How can I benefit from btc? I mean let's say I bought 2 btc, what next? how can I earn more of btc or dollars
Why do people rush over btc if it's just an electric currency without having benefit from it?
See it like forex market, where you can trade bitcoins with fiat money. Exchanging two or more currencies could give some benefits, but you need to be a good trader. its not too far from being like forex market but its totally different really. there is no way you can predict the inflation expect for the news and trolls made in the forum. also the chart in cryptocurrencies don't have indicators. its better to invest on an ICO. |
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wildan88
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May 05, 2016, 03:16:08 PM |
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How can I benefit from btc? I mean let's say I bought 2 btc, what next? how can I earn more of btc or dollars
Why do people rush over btc if it's just an electric currency without having benefit from it?
My advice if you want to benefit, wait for 1-2 months, then buy and hold until the end of the year. This year we would have missed halving that can make the price rise. |
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jossiel
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May 05, 2016, 03:19:46 PM |
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How can I benefit from btc? I mean let's say I bought 2 btc, what next? how can I earn more of btc or dollars
Why do people rush over btc if it's just an electric currency without having benefit from it?
Just store it to your wallet and don't spend it. Because price of bitcoin will soon rise and the upcoming halving is also coming. Speculations said that it will help to rise the bitcoins price once it happened. |
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arseaboy
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May 05, 2016, 03:22:47 PM |
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How can I benefit from btc? I mean let's say I bought 2 btc, what next? how can I earn more of btc or dollars
Why do people rush over btc if it's just an electric currency without having benefit from it?
might need to go around this site study all basic info about crypto world/ industry then decide what to do next, if you are seeing this as a investment keep it on your wallet let it grow as halving is coming, if you want to explore and fasten your earnings try to do some trading with alt but be careful and study first before entering any alt coin. good luck. |
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sk00t3r
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May 05, 2016, 05:26:34 PM |
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How can I benefit from btc? I mean let's say I bought 2 btc, what next?
It depends on how much risk you wanna take to increase your investment. I would recommend to invest a part of your Bitcoin stake into some promising altcoin projects like Factom, Maid, probably Ethereum etc. But this is on your own. Do some careful research before investing. Yeah but my suggestion at a moment If you have 2 btc then just hod it and wait some time because halving is very near and after halving definitely its price will go high so here no risk no work hold it and enjoy. |
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xIIImaL
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May 05, 2016, 06:48:10 PM |
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How can I benefit from btc? I mean let's say I bought 2 btc, what next? how can I earn more of btc or dollars
Why do people rush over btc if it's just an electric currency without having benefit from it?
Benefit in the sense you can do trading, mining or many things to invest it on to make more bitcoin by your 2 bitcoins. All you need to put some efforts. If you need without effort means you have wait for halving for sure. |
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