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Author Topic: What to do with Bitcoin?  (Read 6276 times)
serjent05
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August 18, 2016, 05:51:23 PM
 #41

Well I will invest with it..and wait when the value of bitcoin it will be a good time to sell and make profit in cash...

Well that is going to be the good way to invest with bitcoin if you are going to put it into trading and you just need to look for alt coins that has the potential to pump and that has present dump price. If you are going to believe and do some proper research about that coin. For sure in the end you are going to earn out of it.

Easier said than done. I like the passive income of casinos. People will always gamble, just focus on a good site that has been around awhile.

You can probably make a decent amount of money off of the passive income that comes from either owning a casino or being invested in one, but it can take a long time if there isn't a decent playerbase for the casino. More people = higher returns, and having those higher returns means that the % return is higher, and everyone doesn't mind having more money.

Compare to somone advising to hold and wait for bitcoin to increase in price, this method is way faster in terms of having profit than holding it and wait for the sun to rise and moon to show and bitcoin to increase in price.  Active participation in activities where you can make your bitcoin grow is a must for you to double or triple your money in shorter period of time.  Just avoid cloudmining and HyIPS.

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August 18, 2016, 05:54:33 PM
 #42

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 think in my opinion try to trade that amount in any trading site.. but first better to start in small amount and learn how trading works and try some strategy and asking to other how you can trade.. so that if you have a good experience and learn you can make a good amount of earnings there..

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September 17, 2016, 06:46:14 AM
 #43

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 me,  it depends upon on my situation in life. If i have that amount will at First i will be thankful to almighty god for having that amount . Then i will  think how my life will change with the help of bitcoins that i had. If i really  in needs then i will withdraw my btc into cash. Then spend it on a good ways. Put it into business and any actual investment do that it will grow.
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September 17, 2016, 06:53:39 AM
 #44

Just like what you said hold and wait for its price to get high and then start earning again.  But I could do something like exchanging some of my bitcoin into currency because just to taste the fruit of my hard work.  I just want to taste some of it.  And then invest some, trade some.  And continue on working to earn more bitcoins. 
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September 17, 2016, 07:37:07 AM
 #45

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 think in my opinion try to trade that amount in any trading site.. but first better to start in small amount and learn how trading works and try some strategy and asking to other how you can trade.. so that if you have a good experience and learn you can make a good amount of earnings there..

I agree with this statement. Well the truth is  that is my starting in trading. I loose but it  just a small amout. I loose but i learn from it. The only important is when you lose learn from it that is trading. Also build your patience , prediction and be kind of people that is really risky.

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September 17, 2016, 08:07:49 AM
 #46

Just like what you said hold and wait for its price to get high and then start earning again.  But I could do something like exchanging some of my bitcoin into currency because just to taste the fruit of my hard work.  I just want to taste some of it.  And then invest some, trade some.  And continue on working to earn more bitcoins. 

Yes once we have descent amount of coins in our wallet then it can be used for multiple purposes, either you can hold them for the future or you can invest some of them in trading to grow them for the future.

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September 17, 2016, 10:57:01 AM
 #47

After earning from ads on my website and from signature campaign I earn around 40$ every month.
When I reach 50$ I wait for the price to increase a bit around 615$ then I sell them for my local currency .
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September 17, 2016, 11:05:18 AM
 #48

to be perfectly honest i am holding for the long term, yeah i keep a small amount on a mobile wallet for stores and stuff or showing others but i think that when the masses take to bitcoin in what ever form the price will increase also.  Grin
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September 17, 2016, 11:08:17 AM
 #49

After earning from ads on my website and from signature campaign I earn around 40$ every month.
When I reach 50$ I wait for the price to increase a bit around 615$ then I sell them for my local currency .

How can we earn bitcoin from ads?I have a small website but it is not related to bitcoin,can I earn bitcoin with it?

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September 17, 2016, 11:08:31 AM
 #50

to be perfectly honest i am holding for the long term, yeah i keep a small amount on a mobile wallet for stores and stuff or showing others but i think that when the masses take to bitcoin in what ever form the price will increase also.  Grin

Yeah holding majority of them can give us good profits in future as everyone believes that price will reach to new levels in coming years, so holding is a safest way to make profits.
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September 17, 2016, 01:16:54 PM
 #51

Depends on your current situation. Are you able to eat three times a day? Are you short in terms of budget? If you're answer to both of these questions is 'No', then why would you sell Bitcoin? Are you impatient? Can't wait for the price increase? You're going to wait a lot if you want to earn out of Bitcoin-to-USD trading.

If you have an emergency and you need some money, there's no reason why you shouldn't withdraw your coins. Remember, you earned those money so you could spend them on something, not so that you could hold on them forever.
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September 17, 2016, 01:18:34 PM
 #52

you can do many different things with bitcoin, personally  i like to spend them
Yes we can do many things with bitcoin we can do different activities like gambling , trading , investing , and other activities that we can do every day with bitcoin buying with bitcoin or spending bitcoin is the most awesome feeling ever this is i love the most buying something with bitcoin that we can use too.
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September 17, 2016, 01:20:01 PM
 #53

Depends on your current situation. Are you able to eat three times a day? Are you short in terms of budget? If you're answer to both of these questions is 'No', then why would you sell Bitcoin? Are you impatient? Can't wait for the price increase? You're going to wait a lot if you want to earn out of Bitcoin-to-USD trading.

If you have an emergency and you need some money, there's no reason why you shouldn't withdraw your coins. Remember, you earned those money so you could spend them on something, not so that you could hold on them forever.
Keeping bitcoin unused is the worst thing to do with, there is no point in simply holding them without using at the time of emergencies, and if you are never gonna spend them then its better not to collect them.
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September 17, 2016, 01:23:19 PM
 #54

You have 3 options.
Buy, hold or sell (spend).
If you have available funds and don't have good business or idea where to spend it, than buying BTC is good and long term idea how to earn.
If you don't like gambling, trading or don't need to buy some digital products online than just simple hold BTC funds in your wallets and you will be fine.


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September 17, 2016, 02:48:43 PM
 #55

You have 3 options.
Buy, hold or sell (spend).
If you have available funds and don't have good business or idea where to spend it, than buying BTC is good and long term idea how to earn.
If you don't like gambling, trading or don't need to buy some digital products online than just simple hold BTC funds in your wallets and you will be fine.



Yeah if you cannot afford to take any risk then the best option would be to hold them for the future but make sure that you have enough number of coins to earn best profits.
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September 17, 2016, 03:22:38 PM
 #56

Depends on your current situation. Are you able to eat three times a day? Are you short in terms of budget? If you're answer to both of these questions is 'No', then why would you sell Bitcoin? Are you impatient? Can't wait for the price increase? You're going to wait a lot if you want to earn out of Bitcoin-to-USD trading.

If you have an emergency and you need some money, there's no reason why you shouldn't withdraw your coins. Remember, you earned those money so you could spend them on something, not so that you could hold on them forever.
Keeping bitcoin unused is the worst thing to do with, there is no point in simply holding them without using at the time of emergencies, and if you are never gonna spend them then its better not to collect them.

Holding bbitcoin sometimes is a good idea. But should also knowing that keep use bitcoin and always make a transaction with bitcoin and buy or pay something with bitcoin is so important thing that can growing up bitcoin in the future.

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September 17, 2016, 03:27:00 PM
 #57

Depends on your current situation. Are you able to eat three times a day? Are you short in terms of budget? If you're answer to both of these questions is 'No', then why would you sell Bitcoin? Are you impatient? Can't wait for the price increase? You're going to wait a lot if you want to earn out of Bitcoin-to-USD trading.

If you have an emergency and you need some money, there's no reason why you shouldn't withdraw your coins. Remember, you earned those money so you could spend them on something, not so that you could hold on them forever.
Keeping bitcoin unused is the worst thing to do with, there is no point in simply holding them without using at the time of emergencies, and if you are never gonna spend them then its better not to collect them.

Holding bbitcoin sometimes is a good idea. But should also knowing that keep use bitcoin and always make a transaction with bitcoin and buy or pay something with bitcoin is so important thing that can growing up bitcoin in the future.

Yes and  if everyone will keep on holding their coins then it will  never contribute to higher price of bitcoins, no doubt its an investment for us but we should also spend them to help the economy.
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September 17, 2016, 03:28:12 PM
 #58

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?
Well.. i use some bitcoin for trading altcoins and it makes my bitcoins growing up although just a little, but if be compared with saving bitcoin it is more better. I think you have to try trading altcoins of course with low amount of capital for first time.
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September 17, 2016, 03:54:19 PM
 #59

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?
Well.. i use some bitcoin for trading altcoins and it makes my bitcoins growing up although just a little, but if be compared with saving bitcoin it is more better. I think you have to try trading altcoins of course with low amount of capital for first time.

Correct, that is the best way to multiply your coins, and altcoin trading is getting more attention from the people at a moment as it can give you some huge profits in quick time.
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September 17, 2016, 03:57:08 PM
 #60

$100 could be really big amount for developing countries so i will try to withdraw atleast half for my pocket money and try my luck in altcoin trading with remaining half.
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