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Author Topic: I stll don't know what to do with my Bitcoins...  (Read 3040 times)
samuel999
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October 01, 2017, 03:08:45 AM
 #101

Personally, with my stash of bitcoins I set aside the majority of the amount and do not touch it and tell it. Prices rise well above what I've invested, then I sell off what i need to. I also set aside a smaller chunk for gambling and investment opportunities on a month to month basis. The more ways you can find to make Bitcoins work for you, the better.
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October 01, 2017, 04:05:57 AM
 #102

Besides keeping it to raise in value later. There is not much I can do...

With fiat money, I can pay rent, go to restaurants, buy clothes. But with BTC, there is basically no stores that accept them in my country. Sure it's easier online, but then again the stores might not have the best products or is the cheapest/best value.

Am I the only one facing this issue?
I suggest you should invest in bitcoin, as this will be your future.
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October 01, 2017, 04:09:32 AM
 #103

bitcoin is a long term invesstment, i think if you want to use that money in short time i think you can't invest you r money in bitcoin, and i think if you want to use in real flife you should to withdraw first your bitcoin into real money so you can use it offline, i know that your country cant use bitcoin in some offline store but i believe that someday bitcoin will work online and many stores will accept bitcoin as the payment

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October 01, 2017, 04:13:46 AM
 #104

First you think what you will do with your bitcoins. Imagine if it will save you or spend it. It looks like you're wondering now that you want to buy things and what else, your bitcoins. It's easy to buy the fiat money and buy what you want
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October 01, 2017, 04:18:03 AM
 #105

Im just sell my bitcoin to my friend because they want to buy altcoins, and some of my bitcoins are are just holding it cashout if i need money.
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October 01, 2017, 04:50:37 AM
 #106

Besides keeping it to raise in value later. There is not much I can do...

With fiat money, I can pay rent, go to restaurants, buy clothes. But with BTC, there is basically no stores that accept them in my country. Sure it's easier online, but then again the stores might not have the best products or is the cheapest/best value.

Am I the only one facing this issue?
Based on what you've said, Bitcoin is not yet legal to the country where you at which is the same in my case. But I am able to buy things with the use of Bitcoin but not directly. I am converting my Bitcoin to fiat with the use of exchangers . In that way, I am making good use of the profit I earned from Bitcoin. So maybe you can also do what I am doing for you to enjoy using Bitcoin more.
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October 01, 2017, 04:56:24 AM
 #107

First you think what you will do with your bitcoins. Imagine if it will save you or spend it. It looks like you're wondering now that you want to buy things and what else, your bitcoins. It's easy to buy the fiat money and buy what you want

Ever since the exchange rates increased, the number of users paying for their shopping in Bitcoin has come down quite hard. People ask themselves why they should spend their coins, when they can make the payment using fiat cash as well. And nowadays, the transaction fee has also increased quite heavily while using Bitcoin.

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October 01, 2017, 04:56:49 AM
 #108

Besides keeping it to raise in value later. There is not much I can do...

With fiat money, I can pay rent, go to restaurants, buy clothes. But with BTC, there is basically no stores that accept them in my country. Sure it's easier online, but then again the stores might not have the best products or is the cheapest/best value.

Am I the only one facing this issue?
same in my country is not legal but if I found store that accept btc i don't want to pay with btc. for me btc is asset not money for buy what I need. just for investment and makes profit.
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October 01, 2017, 05:01:41 AM
 #109

Besides keeping it to raise in value later. There is not much I can do...

With fiat money, I can pay rent, go to restaurants, buy clothes. But with BTC, there is basically no stores that accept them in my country. Sure it's easier online, but then again the stores might not have the best products or is the cheapest/best value.

Am I the only one facing this issue?

bitcoin is long-term investment funds.i advise you bitcoin do reserve. in future you get profit in this coin.

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October 01, 2017, 07:26:23 AM
 #110

Besides keeping it to raise in value later. There is not much I can do...

With fiat money, I can pay rent, go to restaurants, buy clothes. But with BTC, there is basically no stores that accept them in my country. Sure it's easier online, but then again the stores might not have the best products or is the cheapest/best value.

Am I the only one facing this issue?
I also face it where no one accept bitcoin as payment in where I live and I must to exchange bitcoin to fiat to use it. in my country to exchange bitcoin to fiat is easy.
That surely is a plus point. 118 shops in just one city is not a bad number. It is becoming famous now a days because people have started gaining knowledge about daily life uses. In my country there are very less shops. And still any people ask me how to use bitcoin and I always tell them to use them as you use ordinary money. It is your earning and your source of livelihood.

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October 01, 2017, 07:30:48 AM
 #111

You can try to invest, lend or save it   Cool
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October 01, 2017, 07:31:03 AM
 #112

Besides keeping it to raise in value later. There is not much I can do...

With fiat money, I can pay rent, go to restaurants, buy clothes. But with BTC, there is basically no stores that accept them in my country. Sure it's easier online, but then again the stores might not have the best products or is the cheapest/best value.

Am I the only one facing this issue?
So it is not legal to the country where you're at. I suggest you to hold your Bitcoin for more years until it become legal and with that, you will be able to use it as a currency. By the way, it is also not yet legal in my country but there are exchangers that obviously converts Bitcoin into fiat that allows me to use my profit.

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October 01, 2017, 07:37:14 AM
 #113

There are alot of way(s) to earn alot of money from investing your bitcoin in ICO's or you should just try and start trading some Bitcoins to altcoins. Btw, you do need some experience and skills when it comes to trading. Ask help from the experienced.

Hope this helps
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October 01, 2017, 07:45:48 AM
 #114

Bitcoin offers alot of activity. Aside from what most of us do in here which is joining in forums i can also suggest that you invest it in trading just ike what i do with some of my bitcoins. In here you just need to buy a coin and sell it once the price of it increases. You can retain alao the invetment and sell once you think the price is better. Moreover, you can also gamble using bitcoins, such as poker, dice and sports betting. Mining is also an option but it only marks up a bit unlike other gambling
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October 01, 2017, 07:46:05 AM
 #115

Besides keeping it to raise in value later. There is not much I can do...

With fiat money, I can pay rent, go to restaurants, buy clothes. But with BTC, there is basically no stores that accept them in my country. Sure it's easier online, but then again the stores might not have the best products or is the cheapest/best value.

Am I the only one facing this issue?


Change your half of your bitcoin to fiat money thru your local wallet and convert it to your local paper money then enjoy life.Work smart and hard but don't forget to enjoy and appreciate life. Go somewhere else you have never been before. You can buy things with money but you can't buy happy memories.Then the remaining bitcoin will be continue to hoard or invest it so that you could have use in your future spending.
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October 01, 2017, 07:48:35 AM
 #116

actually you have many options in solving your problem. of course investment is the best option, because with that your asset value will increase, if you can choose a good ICO project, I think it will also be an advantage for you.

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October 01, 2017, 07:49:53 AM
 #117

Basically bitcoin is better known as a good investment medium in long term that can be profitable. I'm sure most peoples experience things like you for sure, in general and in all countries indeed there are still those who do not yet provide stores / restaurants and other who receive payments through bitcoin, and to my knowledge most peoples today mostly spending Bitcoin they have after them selling it first to local currency and then spending it as needed.

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October 01, 2017, 08:07:13 AM
 #118

I'm in trouble like you. I can not use my bitcoin anywhere. Because it is banned in our country. Anyway, I have been expanding my Bitcoin trade. And some of us we put in the motel. We all know that investment in bitcoin is very profitable. This greatly increases the value of it. So I suggest you keep Bitcoin in place. You are investing.

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October 01, 2017, 08:11:48 AM
 #119

Besides keeping it to raise in value later. There is not much I can do...

With fiat money, I can pay rent, go to restaurants, buy clothes. But with BTC, there is basically no stores that accept them in my country. Sure it's easier online, but then again the stores might not have the best products or is the cheapest/best value.

Am I the only one facing this issue?
if that is your problem i think the best you can do is save it then try to pay your bitcoin in some things here in bitcointalk forum then if your country didnt recognized this bitcoin in terms of buy and sell i think we have exchanger in every country so exchange first bitcoin to your own money then use it

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October 01, 2017, 08:12:26 AM
 #120

Besides keeping it to raise in value later. There is not much I can do...

With fiat money, I can pay rent, go to restaurants, buy clothes. But with BTC, there is basically no stores that accept them in my country. Sure it's easier online, but then again the stores might not have the best products or is the cheapest/best value.

Am I the only one facing this issue?
You are right, we can use fiat everywhere, but you can use bitcoin and convert it into fiat for you to use your bitcoin anywhere, but of course it will takes time for us to convert and wait for the confirmation. But I think it is also just fine for me. I am also not using bitcoin to pay rent, go to restaurants or buy clothes. First, I will convert it and then after that, I can use it anywhere I wanted. That's how bitcoin can be.
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