haankoammu
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Activity: 115
Merit: 10
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September 21, 2016, 07:22:03 PM |
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I am probably with keeping it in an offline wallet and holding the profit/investment waiting for a price improvement, There are currently few legit investments for BTC but all of them are risky for the invested capital and nothing offering stable relatively-guaranteed interest like a bank.
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The forum strives to allow free discussion of any ideas. All policies are built around this principle. This doesn't mean you can post garbage, though: posts should actually contain ideas, and these ideas should be argued reasonably.
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klopcoin
Newbie
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Activity: 56
Merit: 0
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September 22, 2016, 04:09:22 AM |
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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 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. Thank you that was very helped me. I will earn more bitcoin then I will change it into fiat.
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roadbits
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Activity: 1092
Merit: 1000
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September 22, 2016, 04:19:35 AM |
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of course i will hold them as long as i can in my wallet because bitcoins have interesting future.. and will strong next years
I will also keep my coins in my wallet, but I will not hold until next year. Yes, there is a hope that in next year Bitcoin will become strong in the digital market. But why should take a risk right? So when I feel the price is good, i will sell my Bitcoins. I will not hold long term.
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noictib
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September 22, 2016, 04:22:35 AM |
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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 am directly converting my btc into my local currency and deposite in my bank saving account . because i think that the rate of btc can fall any time so i always take money in my bank instead of btc bank . further i am doing trading with rest of btc that in my wallet .
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iv4n
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Activity: 3136
Merit: 1172
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September 22, 2016, 04:28:05 AM |
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What to do? You earned that bitcoins, I'm sure that wasn't easy, not to mention that every beginning is hard. You need to decide what is best for you, waiting to make more, or sell it and put fiat in the pocket where you can feel it? You can try to put 100 dollars into some casino bankroll, and maybe you will have some luck and make some profit in long run.
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shovon234
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Activity: 16
Merit: 0
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September 22, 2016, 07:08:42 AM |
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You can take steps anything behind investing it in a have an effect on or something (primarily directly, gone simple) or use it for gambling, or you can go and trade auxiliary cryptocurrencies when it. If you tortured feeling, you can go and obtain things similar to swine goods from some online retailers, or you can get your hands on digital goods from places following Steam or new various websites that authorize Bitcoin.
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qiwoman2
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Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
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September 22, 2016, 09:27:34 AM |
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I like to invest it and use it to grow my own currency but eventually I would love to be able to live on Bitcoin and be able to educate others to do so as well. It will take time ofcourse but I am hoping this will happen within the next year or so. My dream would be to use bitcoin to travel and maybe buy a house one day!
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rickadone
Legendary
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Activity: 1176
Merit: 1024
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September 22, 2016, 10:09:23 AM |
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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 am directly converting my btc into my local currency and deposite in my bank saving account . because i think that the rate of btc can fall any time so i always take money in my bank instead of btc bank . further i am doing trading with rest of btc that in my wallet . Hopefully, you're doing very big mistakes of your life time. I guess you just ignored the possibility of bitcoin prices may up surge when you are expecting to fall. Ups and downs are very common for any commodity, but with bitcoin you may expect huge price appreciation in upcoming days. I like to suggest you to keep on holding your bitcoin in your wallet itself instead of making them sleeping in your bank account in fiat format.
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StarofBTC
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September 22, 2016, 10:12:37 AM |
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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 am directly converting my btc into my local currency and deposite in my bank saving account . because i think that the rate of btc can fall any time so i always take money in my bank instead of btc bank . further i am doing trading with rest of btc that in my wallet . Hopefully, you're doing very big mistakes of your life time. I guess you just ignored the possibility of bitcoin prices may up surge when you are expecting to fall. Ups and downs are very common for any commodity, but with bitcoin you may expect huge price appreciation in upcoming days. I like to suggest you to keep on holding your bitcoin in your wallet itself instead of making them sleeping in your bank account in fiat format. This must be a right suggestion for the people who are mistakenly ignoring the possibility of having big benefits with bitcoin price appreciations. But I believe in some country people are earning some good interest for their savings in bank, still bitcoin definitely will give more than those interest rates but after some long wait.
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markus16
Newbie
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Activity: 14
Merit: 0
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September 22, 2016, 10:36:57 AM |
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is that thrue that you can reserve hotel rooms in thailand wth bitcoins ?
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buxlover
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September 22, 2016, 10:43:32 AM |
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For $100 of btc i wouldn't do anything, just keep them in the wallet. i usually convert the bitcoin to fiat after i accumulate 1 btc, i have converted thrice before, i wouldn't worry about the rate at that time.
i came into bitcoin when rate was around $220 which had a big fall from $1000, so converting to fiat seemed to be good option at that time, slowly after a year when i came to know more about bitcoins, i felt that i made mistake by selling them to $240 at that time,
so now I'll not convert bitcoin unless i have financial problems and things i require is not offered through btc payments. i consider bitcoin as money, so I'll try o buy something if needed, converting btc to fiat would be last option for me now
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Wowcoin
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September 22, 2016, 10:53:46 AM |
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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 am directly converting my btc into my local currency and deposite in my bank saving account . because i think that the rate of btc can fall any time so i always take money in my bank instead of btc bank . further i am doing trading with rest of btc that in my wallet . Same here i converted my bitcoin in cash but i'm not save it i used it to buy food and to pay bills. Yes no one can assure if bitcoin become stable or one of this day drop the price. So your doing great because your money is safe in yout bank account. Trading also is good because earn also btc in trading.
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tampazeus
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September 22, 2016, 11:22:55 AM |
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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 am directly converting my btc into my local currency and deposite in my bank saving account . because i think that the rate of btc can fall any time so i always take money in my bank instead of btc bank . further i am doing trading with rest of btc that in my wallet . Same here i converted my bitcoin in cash but i'm not save it i used it to buy food and to pay bills. Yes no one can assure if bitcoin become stable or one of this day drop the price. So your doing great because your money is safe in yout bank account. Trading also is good because earn also btc in trading. Its always good to sell them and convert to fiat when you see higher price instead of simply holding them as price may fall in coming days which will make you to hold them even longer till the price doesn't goes higher.
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agamasrori
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September 22, 2016, 11:30:07 AM |
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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?
So many thing that you can do with bitcoin such buying or selling something with anonimously. Bitcoin will keep youre privacy. if you do a transaction with bitcoin it will not charge you big amount of fee, so don not be worry if you sent just a litle amount of bitcoin.
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dezoel
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Activity: 2016
Merit: 1072
Leading Crypto Sports Betting & Casino Platform
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September 22, 2016, 11:42:07 AM |
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I am holding some of them for future so that I can sell them when price goes higher to collect good profits from it and with of them I am trading in altcoins to get small and regular profits.
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Noctis Connor
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September 22, 2016, 12:04:53 PM |
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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.
I am agree 3 options in using bitcoin therefor you can do that by holding and waiting to increase the bitcoin to up or maybe down (hopefully not) and you can spend sell or buy or hold depends on what you want to do in your bitcoin because thats yours and not mine , and tradng is much more profitable than investment if i am going to choose between the too.
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Qunenin
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September 22, 2016, 06:30:53 PM |
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I am holding some of them for future so that I can sell them when price goes higher to collect good profits from it and with of them I am trading in altcoins to get small and regular profits.
I'm doing the same as you. I'm buying to hold and sell in the future. But I have always reserved a small part for daily trades with some altcoins
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Betwrong
Legendary
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Activity: 3276
Merit: 2151
I stand with Ukraine.
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September 22, 2016, 06:39:04 PM |
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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?
Bitcoins work as reserve money for me. When I need $50 or $100 because I want to buy something and I don't have that money in my poket and the next payment is a week away I sell some BTC. This happens couple of times in a year, I can't afford this more frequently but I'm glad to have what I have - a really nice reseve in BTC. )
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. .BLACKJACK ♠ FUN. | | | ███▄██████ ██████████████▀ ████████████ █████████████████ ████████████████▄▄ ░█████████████▀░▀▀ ██████████████████ ░██████████████ █████████████████▄ ░██████████████▀ ████████████ ███████████████░██ ██████████ | | CRYPTO CASINO & SPORTS BETTING | | │ | | │ | ▄▄███████▄▄ ▄███████████████▄ ███████████████████ █████████████████████ ███████████████████████ █████████████████████████ █████████████████████████ █████████████████████████ ███████████████████████ █████████████████████ ███████████████████ ▀███████████████▀ ███████████████████ | | .
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n691309
Legendary
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Activity: 1526
Merit: 1001
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September 22, 2016, 06:47:20 PM |
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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 are not in hurry then it's better to hold them and see if the price gets increased or not. I prefer to hold and risk a bit because the price can also dumped and lose a lot of money.
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sana54210
Legendary
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Activity: 3192
Merit: 1128
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September 22, 2016, 06:47:46 PM |
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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?
Bitcoins work as reserve money for me. When I need $50 or $100 because I want to buy something and I don't have that money in my poket and the next payment is a week away I sell some BTC. This happens couple of times in a year, I can't afford this more frequently but I'm glad to have what I have - a really nice reseve in BTC. ) I believe you are doing the right thing with your bitcoins, keeping up bitcoin as a reserve money for emergency needs must be a good idea. As you are not spending your bitcoins so often, you will get more chances to get your networth to be multiplied in quick time. Saving bitcoin is always good and having some purposes to spend them is again too good.
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