Bitcoin Forum
June 01, 2024, 08:35:41 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 3 4 5 6 7 8 9 10 11 »  All
  Print  
Author Topic: What to do with Bitcoin?  (Read 6276 times)
shamzblueworld (OP)
Hero Member
*****
Offline Offline

Activity: 714
Merit: 500


View Profile WWW
August 17, 2016, 02:38:48 PM
 #1

So after a while of earning some bitcoin from doing various services and signature campaigns, when you reach like $100 worth of BTC in your wallet, what exactly do you do with it? Just hold it till the rate is high and make some profit and then start all over again or what?
Hide_ip112
Full Member
***
Offline Offline

Activity: 196
Merit: 100


View Profile
August 17, 2016, 02:42:04 PM
 #2

For me, it depends on the conditions or situations that I was experiencing. If indeed I do not need these funds then I would keep it up a lot and if I need those funds then I would take the majority and leaving only a fraction of the BTC which I got.
Jeremycoin
Legendary
*
Offline Offline

Activity: 1022
Merit: 1003


𝓗𝓞𝓓𝓛


View Profile
August 17, 2016, 03:06:36 PM
 #3

If you really need it to buy something that you need, then you can spend it. But if you think that you can still use fiat for buy that thing, then you should probably just keep your Bitcoin.

faucet used to be profitable
topiOleg
Full Member
***
Offline Offline

Activity: 174
Merit: 100



View Profile
August 17, 2016, 03:32:05 PM
 #4

So after a while of earning some bitcoin from doing various services and signature campaigns, when you reach like $100 worth of BTC in your wallet, what exactly do you do with it? Just hold it till the rate is high and make some profit and then start all over again or what?

If you speculate on higher Bitcoin price and hold your Bitcoin in cold wallet for many years, then obviously you going to have very hard time to earn 0.15 BTC from signature campaigns when you start over again. So better keep earning Bitcoins and spending em whenever you need, afterall there is no guarantee for much higher price in the future anyway.

Hazir
Legendary
*
Offline Offline

Activity: 1596
Merit: 1005


★Nitrogensports.eu★


View Profile
August 17, 2016, 03:52:29 PM
 #5

$100 worth of bitcoin is not something you can happily invest and in month have $1000 from interest rates or investment revenue.
The best way it to keep it for know wait for a price spike, sell it for FIAT and wait for another drop when you will buy cheap BTC.

Just fell prey to any scams like cloud mining, bitcoin doublers or Ponzi disguised as 'sure profit investment projects', remember in real investments there is no guaranteed profit.


           █████████████████     ████████
          █████████████████     ████████
         █████████████████     ████████
        █████████████████     ████████
       ████████              ████████
      ████████              ████████
     ████████     ███████  ████████     ████████
    ████████     █████████████████     ████████
   ████████     █████████████████     ████████
  ████████     █████████████████     ████████
 ████████     █████████████████     ████████
████████     ████████  ███████     ████████
            ████████              ████████
           ████████              ████████
          ████████     █████████████████
         ████████     █████████████████
        ████████     █████████████████
       ████████     █████████████████
▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
▬▬ THE LARGEST & MOST TRUSTED ▬▬
      BITCOIN SPORTSBOOK     
   ▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
             ▄▄▄▄▀▀▀▀▄
     ▄▄▄▄▀▀▀▀        ▀▄▄▄▄          
▄▀▀▀▀                 █   ▀▀▀▀▀▀▀▄▄
█                    ▀▄          █
 █   ▀▌     ██▄        █          █              
 ▀▄        ▐████▄       █        █
  █        ███████▄     ▀▄       █
   █      ▐████▄█████████████████████▄
   ▀▄     ███████▀                  ▀██
    █      ▀█████    ▄▄        ▄▄    ██
     █       ▀███   ████      ████   ██
     ▀▄        ██    ▀▀        ▀▀    ██
      █        ██        ▄██▄        ██
       █       ██        ▀██▀        ██
       ▀▄      ██    ▄▄        ▄▄    ██
        █      ██   ████      ████   ██
         █▄▄▄▄▀██    ▀▀        ▀▀    ██
               ██▄                  ▄██
                ▀████████████████████▀




  CASINO  ●  DICE  ●  POKER  
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
   24 hour Customer Support   

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
Robertqueen2
Hero Member
*****
Offline Offline

Activity: 826
Merit: 523


View Profile
August 17, 2016, 03:54:32 PM
 #6

For me , I just hold it in my wallet , because the expectations say that Bitcoin price will rise up on the first of 2017 and may reach $2000 , therefore I am trying to collect Bitcoin as much as possible , I also believe in Bitcoin and in its bright future .
mobnepal
Legendary
*
Offline Offline

Activity: 1218
Merit: 1006


View Profile
August 17, 2016, 04:16:29 PM
 #7

Depends on lots of things for me but usually i put those as bankroll for altcoin trading. And sometime if price is high and i need some pocket money i cashed out in the range of 100$ to 200$.
smho_16
Sr. Member
****
Offline Offline

Activity: 420
Merit: 250


View Profile
August 17, 2016, 04:18:18 PM
 #8

If you need something by all means use it to fulfill this need of yours. You will feel great when you will use bitcoin to help you in anything that you need. If you don't need it the best is to try to keep it in your wallet, that 100 USD is not a real big sum so a desktop wallet should enough to keep your funds safe and if you want some thrill gamble with like 10% of your money but not more.
ronaldo40
Legendary
*
Offline Offline

Activity: 1554
Merit: 1014



View Profile
August 17, 2016, 04:24:06 PM
 #9

So after a while of earning some bitcoin from doing various services and signature campaigns, when you reach like $100 worth of BTC in your wallet, what exactly do you do with it? Just hold it till the rate is high and make some profit and then start all over again or what?

hold to wait for higher prices, at least you should have a high nominal.

$100 is good for trade, I also do that when it had $100 of the signature campaign.

MingLee
Hero Member
*****
Offline Offline

Activity: 490
Merit: 520


View Profile
August 17, 2016, 04:24:28 PM
 #10

So after a while of earning some bitcoin from doing various services and signature campaigns, when you reach like $100 worth of BTC in your wallet, what exactly do you do with it? Just hold it till the rate is high and make some profit and then start all over again or what?
You can do anything like investing it in a business or something (primarily directly, when available) or use it for gambling, or you can go and trade other cryptocurrencies with it. If you want, you can go and buy things like physical goods from some online retailers, or you can buy digital goods from places like Steam or other various websites that accept Bitcoin.
serjent05
Legendary
*
Offline Offline

Activity: 2870
Merit: 1258


View Profile
August 17, 2016, 04:35:33 PM
 #11

So after a while of earning some bitcoin from doing various services and signature campaigns, when you reach like $100 worth of BTC in your wallet, what exactly do you do with it? Just hold it till the rate is high and make some profit and then start all over again or what?

I exactly convert them to altcoin and do some trading.  It is a good thing because it gives me more earning thru trading other coins.  Aside from that if i need some service from online hostings, i use it as mode of payment.  Sometimes i convert them to fiat money to pay my bills or buy  someo online goods.

▄▄███████████████████▄▄
▄█████████▀█████████████▄
███████████▄▐▀▄██████████
███████▀▀███████▀▀███████
██████▀███▄▄████████████
█████████▐█████████▐█████
█████████▐█████████▐█████
██████████▀███▀███▄██████
████████████████▄▄███████
███████████▄▄▄███████████
█████████████████████████
▀█████▄▄████████████████▀
▀▀███████████████████▀▀
Peach
BTC bitcoin
Buy and Sell
Bitcoin P2P
.
.
▄▄███████▄▄
▄████████
██████▄
▄██
█████████████████▄
▄███████
██████████████▄
███████████████████████
█████████████████████████
████████████████████████
█████████████████████████
▀███████████████████████▀
▀█████████████████████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀

▀▀▀▀███▀▀▀▀
EUROPE | AFRICA
LATIN AMERICA
▄▀▀▀











▀▄▄▄


███████▄█
███████▀
██▄▄▄▄▄░▄▄▄▄▄
████████████▀
▐███████████▌
▐███████████▌
████████████▄
██████████████
███▀███▀▀███▀
.
Download on the
App Store
▀▀▀▄











▄▄▄▀
▄▀▀▀











▀▄▄▄


▄██▄
██████▄
█████████▄
████████████▄
███████████████
████████████▀
█████████▀
██████▀
▀██▀
.
GET IT ON
Google Play
▀▀▀▄











▄▄▄▀
raphma
Sr. Member
****
Offline Offline

Activity: 350
Merit: 250



View Profile
August 17, 2016, 04:39:23 PM
 #12

since im a trader, i will recomend you to trade.
but... you need to learn what and when to buy. You can easily double it in a month but you can also lose everything, so, be careful.
jak3
Legendary
*
Offline Offline

Activity: 1274
Merit: 1004


View Profile
August 17, 2016, 05:15:13 PM
 #13

suppose i get some coins like 100$ when fhe bitcoin price was $500 and if i keep holding it to some month and the price reaches $1000 and i sell my coins i can hardly get only double of my invested money but if i do trading with it then i will get much more and not caring about the holding thing much more
Persuade
Newbie
*
Offline Offline

Activity: 20
Merit: 0


View Profile
August 18, 2016, 02:08:05 PM
Last edit: August 18, 2016, 02:27:30 PM by Persuade
 #14

So after a while of earning some bitcoin from doing various services and signature campaigns, when you reach like $100 worth of BTC in your wallet, what exactly do you do with it? Just hold it till the rate is high and make some profit and then start all over again or what?
I usually exchange them to fiat right away so I could buy some things that I need for myself. I tried holding small amount but didn't work out for me.
Ayers
Legendary
*
Offline Offline

Activity: 2646
Merit: 1024


Seabet.io | Crypto-Casino


View Profile
August 18, 2016, 02:11:54 PM
 #15

reinvest them to earn more like in mining in trading, or in signature yourself, maybe by paying a manager that do the job for you, or you can sell something after you purchase it at a lower price, like with some site that offer a discount

Noctis Connor
Hero Member
*****
Offline Offline

Activity: 1008
Merit: 540


View Profile
August 18, 2016, 02:13:00 PM
 #16

Well for me it always depends if i already reach 100$ of bitcoin i am still going to earn more because i will hold it as you said because i will wait until the price get high Smiley and i will spend it all in future purposes for now i am in college school where i need money so that everyweek i always change bitcoin into fiat to have money in my daily living.
Tyrantt
Hero Member
*****
Offline Offline

Activity: 1022
Merit: 564

Need some spare btc for a new PC


View Profile
August 18, 2016, 02:16:09 PM
 #17

So after a while of earning some bitcoin from doing various services and signature campaigns, when you reach like $100 worth of BTC in your wallet, what exactly do you do with it? Just hold it till the rate is high and make some profit and then start all over again or what?

I'd probably sell all of that btc because it could help out for the bills, unleast for the phone bill in the household.

Need some spare btc for a new PC that can at least run Adobe Dreamweaver.

BTC - 19qm3kH4MZELkefEb55HCe4Y5jgRRLCQmn ♦♦♦ ETH - 0xd71ACd8781d66393eBfc3Acd65B224e97Ae1952D
delliaerd
Hero Member
*****
Offline Offline

Activity: 672
Merit: 500



View Profile
August 18, 2016, 02:20:18 PM
 #18

So after a while of earning some bitcoin from doing various services and signature campaigns, when you reach like $100 worth of BTC in your wallet, what exactly do you do with it? Just hold it till the rate is high and make some profit and then start all over again or what?

For sure, what's my plan is oriented to get profit from my $ 100 in bitcoin balance. When the fluctuations of bitcoin is supporting to hold, why not to wait a little time to sell again when the price of bitcoin increase highly.
But it have another plan if i just have a urgent necessary that I should complete it soon. I will use my balance for it.
Maybe everyone have different plans to use their $100 in bitcoin.

..C..
.....................
........Finally C is .........
..............
...........            ............
       ............            ............
...................      ....................


diegz
Hero Member
*****
Offline Offline

Activity: 798
Merit: 500


★YoBit.Net★ 350+ Coins Exchange & Dice


View Profile
August 18, 2016, 02:21:19 PM
 #19

What's your purpose of collecting it? do you have special reason on why you are collecting bitcoins like keeping it for years and wait til the price increase came in?  Or you are collecting bitcoin because you want to earn for your daily living?

In my experience, after collecting it, when I need money, I don't have a second thought, I convert it to fiat, but since this days I already have a job, I am now dividing my coins into two when I receive it, half of it will be for my storage and the other half will be for the things I crave to buy.

davis196
Hero Member
*****
Offline Offline

Activity: 2996
Merit: 915



View Profile
August 18, 2016, 02:21:55 PM
 #20

So after a while of earning some bitcoin from doing various services and signature campaigns, when you reach like $100 worth of BTC in your wallet, what exactly do you do with it? Just hold it till the rate is high and make some profit and then start all over again or what?

It depends of the btc price and some other factors.

 I`m holding my bitcoins now, waiting for the price to go up.

Before a few months i was selling all my bitcoin earnings for USD.

Pages: [1] 2 3 4 5 6 7 8 9 10 11 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!