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Author Topic: What to do with Bitcoin?  (Read 6276 times)
xuan87
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September 17, 2016, 04:00:08 PM
 #61

I think i will save it, because 100$ is not much, and if we keep it in bitcoin form then for sure the price can go up, so bitcoin is a very good investment tool, if you already reach 100$ try to earn more, you will enjoy a bigger reward in the end


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September 17, 2016, 04:23:17 PM
 #62

I will never prefer to hold them for a long term, as holding is really a very boring process for me, in fact I would prefer to take some risk and invest my all coins in trading to make quick profits.
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September 17, 2016, 04:48:53 PM
 #63

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?

When I reach that $100 worth then I would put half of it in an exchange and then trade so that I can make more BTC and the other half I would retain in my wallet in case there are other opportunities that I can invest in or some emergency and I would need funds then I would have a source already. As for trading, I already have an idea of how it works because I've done it before and though losing is really inevitable when it comes to trading, I would still prefer it over gambling because I will not totally lose all my funds in case the one I'm trading is going the other way.

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September 17, 2016, 04:59:40 PM
 #64

There are many ways that you can do with bitcoin and it depends on an individual how he wants to treat his coins as some views it as an long term investment and some believes in making quick profits from trading.
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September 17, 2016, 04:59:55 PM
 #65

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.
The more you have experience the more you can do best in trading so dont worry about your lose because its just a part of your study.. and expect that you can do tricks or strategy in trading if you learn a lot.


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September 21, 2016, 02:37:05 AM
 #66

there's so much to do with bitcoin.. you can have it invest to a reliable site.. but invest only what you can afford to lose. another is, you can purchase items and goods to those merchants who accepts bitcoin as mode of payment. just use your bitcoin wisely!
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September 21, 2016, 02:48:13 AM
 #67

there's so much to do with bitcoin.. you can have it invest to a reliable site.. but invest only what you can afford to lose. another is, you can purchase items and goods to those merchants who accepts bitcoin as mode of payment. just use your bitcoin wisely!
Too difficult for finding the reliable site for investing your bitcoin, like ponzi,hyip and cloudmining site?let's forgetting them maybe the ico can becoming the best way for investing your money in this time and bu the risky is so high i believe it.

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September 21, 2016, 02:49:05 AM
 #68

I think i will save it, because 100$ is not much, and if we keep it in bitcoin form then for sure the price can go up, so bitcoin is a very good investment tool, if you already reach 100$ try to earn more, you will enjoy a bigger reward in the end
I used some bitcoin for trading and some else for play gambling, although just for small amount and got small profit from trading but i still save it. And the amount are not up to 100$, but i am sure it will more go up.
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September 21, 2016, 02:50:01 AM
 #69

This is actually a funny question to me, because I think the same thing sometimes.  Bitcoin to me is for saving, because you're exactly right--once you've saved up 0.20BTC from sig campaigns or whatever, do you really want to spend it?  I don't.  If I got paid in BTC, that'd be another matter, but I don't.  I get paid in US dollars, and things are priced in US dollars where I live, not bitcoin.  So my answer is, do absolutely nothing with your bitcoin.  Save it for a rainy day, and hopefully it'll increase in value in the meantime.

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September 21, 2016, 04:29:17 AM
 #70

This is actually a funny question to me, because I think the same thing sometimes.  Bitcoin to me is for saving, because you're exactly right--once you've saved up 0.20BTC from sig campaigns or whatever, do you really want to spend it?  I don't.  If I got paid in BTC, that'd be another matter, but I don't.  I get paid in US dollars, and things are priced in US dollars where I live, not bitcoin.  So my answer is, do absolutely nothing with your bitcoin.  Save it for a rainy day, and hopefully it'll increase in value in the meantime.

well, i do both and i am happy with my choices.
i think you need to learn to accept bitcoin as a currency then you can decide easier. for example i am earning bitcoin (getting paid or whatever) and i have expenses too. for example if i want to buy something online like a vpn subscription, buy a game or many other things, i prefer to spend my bitcoin instead of using credit card. and at the same time i have my investment in bitcoin that i have put away for the rainy day.

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September 21, 2016, 04:40:45 AM
 #71

I think i will save it, because 100$ is not much, and if we keep it in bitcoin form then for sure the price can go up, so bitcoin is a very good investment tool, if you already reach 100$ try to earn more, you will enjoy a bigger reward in the end
I used some bitcoin for trading and some else for play gambling, although just for small amount and got small profit from trading but i still save it. And the amount are not up to 100$, but i am sure it will more go up.
I think almost everyone who has a bitcoin, bitcoin uses they have for trading, even I also do it. apart from that I also try to invest in a few places where I felt I could make a profit, but if I need the money, I guess redeem the dollar is also something I often do
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September 21, 2016, 04:52:45 AM
 #72

i think i will just hold my bitcoin in my wallet, because right now i see on poloniex and other market, the rate of bitcoin will get down and i am not sure until where its going down. so for me, better to hold it for a while and waiting next movement of the price.

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September 21, 2016, 04:56:54 AM
 #73

I think i will save it, because 100$ is not much, and if we keep it in bitcoin form then for sure the price can go up, so bitcoin is a very good investment tool, if you already reach 100$ try to earn more, you will enjoy a bigger reward in the end
I used some bitcoin for trading and some else for play gambling, although just for small amount and got small profit from trading but i still save it. And the amount are not up to 100$, but i am sure it will more go up.
I think almost everyone who has a bitcoin, bitcoin uses they have for trading, even I also do it. apart from that I also try to invest in a few places where I felt I could make a profit, but if I need the money, I guess redeem the dollar is also something I often do

There are 4 ways on how I am using my bitcoins. First is that I am going to put it into trading for my investments of buying a lot of alt coins and going to sell it once there is pump. Second is that I am just doing nothing but holding. Third, I am using it for buying goods and services online and lastly sometimes I am using it in gambling.

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September 21, 2016, 05:11:22 AM
 #74

I don't know much about bitcoin. If I am earn some bitcoin, can I change it into fiat?? how?? I just have so litle amount of bitcoin and I don't know how to use it. Help me by pm me please  Smiley
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September 21, 2016, 08:39:41 AM
 #75

If I had reached around $ 100 of bitcoin, I certainly will use some to trade. Since I use trade to benefit even more. And partly I hold up the number I wanted and then I sell. I often do it and I had higher profits.
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September 21, 2016, 08:41:17 AM
 #76

I don't know much about bitcoin. If I am earn some bitcoin, can I change it into fiat?? how?? I just have so litle amount of bitcoin and I don't know how to use it. Help me by pm me please  Smiley
Yes of course you can exchange it into fiat all your earnings, you will explore first your bitcoin wallet to know where you can used your bitcoin, then just hit the search button for your questions and you will find the answer because this forum is full of information about bitcoin.
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September 21, 2016, 09:23:19 AM
 #77

I do trade before, but for just a couple of times. I consider my bitcoin as my savings. So what I've been doing until now is, keep it in my wallet regardless on how much it is and still working/doing services to earn more. In addition, I don't have any plans of withdrawing it as of now, always thinking that it's good to have savings for my future needs.
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September 21, 2016, 10:29:12 AM
 #78

This is actually a funny question to me, because I think the same thing sometimes.  Bitcoin to me is for saving, because you're exactly right--once you've saved up 0.20BTC from sig campaigns or whatever, do you really want to spend it?  I don't.  If I got paid in BTC, that'd be another matter, but I don't.  I get paid in US dollars, and things are priced in US dollars where I live, not bitcoin.  So my answer is, do absolutely nothing with your bitcoin.  Save it for a rainy day, and hopefully it'll increase in value in the meantime.

You're not looking hard enough, there are plenty of places online where you can pay for stuff with Bitcoin directly but maybe you're not looking because you want to avoid the temptation altogether?  I used to convert like 10-50 dollars to Bitcoin every month for long term hodl but I always seem to find things to buy online  Cheesy
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September 21, 2016, 07:05:07 PM
 #79

of course i will hold them as long as i can in my wallet because bitcoins have interesting future..  and will strong next years

leowonderful
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September 21, 2016, 07:10:45 PM
 #80

I've received well over 1+BTC from signature campaigns and i'm still going up; trading is a nice way to grow your bitcoins slowly without any sort of investor-based Ponzi or scam in your way. Of course I have made a few dollars when I was about 3 months into bitcoin from those games, but it's really not a good way to get any substantial amount of bitcoins. Trading is really good stuff, and it makes you feel good at the end of the day even if you only earn a dollar in profit.

Coin staking is also profitable if you find a good coin, I've just recently started doing it and it's a nice, passive profit for me.
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