ethereumhunter
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September 24, 2016, 02:58:42 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 will withdraw it to my friends, not all of my bitcoin, but only some amount that i think is enough to pay my expenses on daily. for the rest of my bitcoin, i will hold for half amount in my wallet, and the other half, i use it to make trading and i hope i can make it grow so i can have more bitcoin in my wallet.
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Fatanut
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Merit: 1060
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September 24, 2016, 09:37:52 AM |
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So after a while of earning some bitcoin from doing various services and signature campaigns, when you reach like $100 worth of BTC in your wallet, what exactly do you do with it? Just hold it till the rate is high and make some profit and then start all over again or what?
Just holding your Bitcoins wouldn't make that much profit. In that 100$, you'll only get a maximum of 10-15$ depending on your timing and the price increase. Doing altcoin trading would make you earn that 10-15$ from short trading if you're lucky. Long trading gives you more profit only if the coin gets recognized by a lot of people and gets a lot of buyer.
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mark coins
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September 24, 2016, 09:40:41 AM |
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So after a while of earning some bitcoin from doing various services and signature campaigns, when you reach like $100 worth of BTC in your wallet, what exactly do you do with it? Just hold it till the rate is high and make some profit and then start all over again or what?
Just holding your Bitcoins wouldn't make that much profit. In that 100$, you'll only get a maximum of 10-15$ depending on your timing and the price increase. Doing altcoin trading would make you earn that 10-15$ from short trading if you're lucky. Long trading gives you more profit only if the coin gets recognized by a lot of people and gets a lot of buyer. That's right, playing with them in trading is the best choice instead of simply holding them, and even after holding them longer the profit will depend on the price of bitcoins.
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Dudeperfect
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September 24, 2016, 10:26:44 AM |
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Well first of all understand that the bitcoin is not different as compared to other financial instruments in terms of valuation of assets so we should treat it in the same way that we treat money. So if you have $100 in bitcoins then do the same what you wish to do if you had $100 cash or usd balance. I would suggest you to spend 30% part of it for your regular transactions and invest rest 70% part at some good options.
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jamids
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September 24, 2016, 10:32:00 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?
Continue doing the various services and signature campaign and then the amount you earn, invest it somewhere else that is not HYIP because you will just lose it when you invest it there. Maybe there is a chance that you will get it back but it's more likely that you will just be scammed. Invest it in a reputable company/site or you can do trading. Trading would take sometime before you can really grasp it but it would be worth it.
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markus16
Newbie
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September 24, 2016, 11:38:13 AM |
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BTC BTC BTC buy entier house with for mining's bitcoins !!!
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Yutikas_11920
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September 24, 2016, 11:40:30 AM |
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BTC BTC BTC buy entier house with for mining's bitcoins !!!
Something quite simple and good to do. However it is better we use bitcoin on something that give you an advantage in the future and not only give an advantage to us in the present, because it is much more fun
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umaOuma
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September 24, 2016, 12:25:51 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?
Continue doing the various services and signature campaign and then the amount you earn, invest it somewhere else that is not HYIP because you will just lose it when you invest it there. Maybe there is a chance that you will get it back but it's more likely that you will just be scammed. Invest it in a reputable company/site or you can do trading. Trading would take sometime before you can really grasp it but it would be worth it. Using them in trading is a good option in compare to investing them in any online site, as the site may look genuine externally but we can never come to know what their main intentions are.
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Xenophoto
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September 24, 2016, 12:31:38 PM |
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Depends on your situation and your location. If you're surrounded by people that is doing Bitcoins and support bitcoin, then you can sell some Bitcoin printed shirts and maybe even make a customized one that has a QR code. You could also do altcoin trading. Holding your Bitcoin isn't a bad decision but it isn't the best decision to make, as well.
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tampazeus
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September 24, 2016, 12:34:01 PM |
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Depends on your situation and your location. If you're surrounded by people that is doing Bitcoins and support bitcoin, then you can sell some Bitcoin printed shirts and maybe even make a customized one that has a QR code. You could also do altcoin trading. Holding your Bitcoin isn't a bad decision but it isn't the best decision to make, as well.
Yup holding can prove to be an wrong decision if price falls in future, so its better to work on it and try to make efforts in growing them by investing them in some good altcoins to make regular profits.
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swisstar
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September 24, 2016, 02:16:01 PM |
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YOU can order hotel room in thailand with bitcoins
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co5hike
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September 24, 2016, 02:18:45 PM |
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Its an long term investment for me so I am holding majority of my coins for the future and have invested some of them in altcoin trading platform where I am earning small but regular profits.
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Wandering Soul~
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Wolf
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September 24, 2016, 04:15:01 PM |
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It depends on your situation. If you really need to buy something, then go. My bitcoin wallet is like a financial saviour to me. I often use my bitcoins when I'm having financial problems and In need of something. If you want so increase it, Yeah you can just store it in your wallet and wait for the price to increase but I think It will take a long time and you will need a lot of patience. Just stick to Signature Campaigns or try something new like trading.
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chaosknight
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September 24, 2016, 04:19:27 PM |
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It depends on your situation. If you really need to buy something, then go. My bitcoin wallet is like a financial saviour to me. I often use my bitcoins when I'm having financial problems and In need of something. If you want so increase it, Yeah you can just store it in your wallet and wait for the price to increase but I think It will take a long time and you will need a lot of patience. Just stick to Signature Campaigns or try something new like trading.
Holding can give us profits in future but we need to wait for a very long time to feel those profits and there is also no guarantee that it will possible as everything will depend on the price of bitcoins.
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Mastsetad
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September 24, 2016, 04:35:58 PM |
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Depends on your situation and your location. If you're surrounded by people that is doing Bitcoins and support bitcoin, then you can sell some Bitcoin printed shirts and maybe even make a customized one that has a QR code. You could also do altcoin trading. Holding your Bitcoin isn't a bad decision but it isn't the best decision to make, as well.
Trading altcoins would be the best thing as it is the only way that can earn you good profits if you have a good enough capital in hands, other methods are never trusted ones, and maybe holding also can generate some profits with the time but that process would be too slow.
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JumperX
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September 24, 2016, 04:39:44 PM |
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Depends on your situation and your location. If you're surrounded by people that is doing Bitcoins and support bitcoin, then you can sell some Bitcoin printed shirts and maybe even make a customized one that has a QR code. You could also do altcoin trading. Holding your Bitcoin isn't a bad decision but it isn't the best decision to make, as well.
Trading altcoins would be the best thing as it is the only way that can earn you good profits if you have a good enough capital in hands, other methods are never trusted ones, and maybe holding also can generate some profits with the time but that process would be too slow. Yes earning profits from holding can be time consuming process and we never know when price will pump up so its always good to invest them in trading and try to grow your coins over a period of time.
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bitdumper
Sr. Member
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One world One currency, Bitcoin.
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September 24, 2016, 05:16:51 PM |
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bitcoin is a money and like ever human in this world you can follow the same rules you can save some of them and invest rest of them just don't invest everywhere and take precausions so you will not easily get scammed by someone
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BADecker
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September 24, 2016, 05:19:12 PM |
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You could always use them for mini-frisbees.
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mishra1994u
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September 24, 2016, 05:26:25 PM |
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bitcoin is a money and like ever human in this world you can follow the same rules you can save some of them and invest rest of them just don't invest everywhere and take precausions so you will not easily get scammed by someone
Yes you are right bitcoin is also a money but i can not use it as i use paper money because i cannot yet use my bitcoins in my real life. The things i do with bitcoins is normally mobile rechages or paying bills.Couple of times i have done online shopping with my bitcoins as well.
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danherbias07
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Leading Crypto Sports Betting & Casino Platform
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September 24, 2016, 05:51:42 PM |
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bitcoin is a money and like ever human in this world you can follow the same rules you can save some of them and invest rest of them just don't invest everywhere and take precausions so you will not easily get scammed by someone
Point taken. I agree that we should be careful with that. Even those who knows a lot about bitcoin can be manipulated by words that are too good to be true. Well that is what they do to make their websites inviting to peoples eyes.
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