Bitcoin Forum
May 26, 2024, 02:36:20 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 [7] 8 9 10 11 12 13 »  All
  Print  
Author Topic: I stll don't know what to do with my Bitcoins...  (Read 3040 times)
severaldetails
Hero Member
*****
Offline Offline

Activity: 959
Merit: 500


View Profile
October 01, 2017, 08:18:24 AM
 #121

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

I don't think there is much you should do.
Of course, when you are an experienced trader you always have the possibility to profit from the volatility of the altcoins.
But in case you are just an average bitcoin holder, bitcoin is your investment.
It should be cashed out in case you need the currency, but otherwise I would say it should stay untouched.
crazyivan
Legendary
*
Offline Offline

Activity: 1652
Merit: 1007


DMD Diamond Making Money 4+ years! Join us!


View Profile
October 01, 2017, 08:34:30 AM
 #122

Exchange them for DMD Diamonds and let DMD stake profits for you. Lots of people choose hold option but this is something I do not like to see. Cause if we all hold, how is crypto going to grow. Let me know if you need more info.

For security, your account has been locked. Email acctcomp15@theymos.e4ward.com
newlone
Full Member
***
Offline Offline

Activity: 140
Merit: 100



View Profile
October 01, 2017, 08:45:00 AM
 #123

Me too, can not count on BTC and wait for it to rise and get profit. I usually sell it over the weekend and get my money to pay for the daily living expenses.
Shreek
Full Member
***
Offline Offline

Activity: 476
Merit: 112


IDENA.IO - Proof-Of-Person Blockchain


View Profile
October 01, 2017, 08:51:43 AM
 #124

you are still confused what to do with the bitcoin you have now? what makes you confused ,,,? should you know what to do ,, unless you are a beginner ,, but at least although your beginner should have a plan for what bitcoin you !!!

olubams
Hero Member
*****
Offline Offline

Activity: 798
Merit: 503


View Profile
October 01, 2017, 08:53:05 AM
 #125

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?

After reading several suggestions from others I think keeping it alone is doing something with it and its even much more valuable than spending it and in the long run you be the one that will enjoy it because by the time there is more freedom to spend in your country of residence which is what will happen eventually, you get you have much more than enough to spend at the time but I still feel you need to explore several opportunities that have been suggested.
valentin68
Full Member
***
Offline Offline

Activity: 459
Merit: 104


View Profile
October 01, 2017, 08:56:00 AM
 #126

As all people here advised you, there is not so much to do with bitcoins. You can try to do some lending, to speculate it (buy other alt-coins) or to hold it until it will appreciate its value.  You can also try and reload your phone or buy some other small favors, but this way you will be wasting your bitcoin.  You can buy some gift cards for 10-20% their value at bitify and sell them for good money, then reinvest in bitcoin.
StonedWolf
Full Member
***
Offline Offline

Activity: 308
Merit: 120



View Profile
October 01, 2017, 10:02:43 AM
 #127

There are infinitely of things that you could do with your bitcoin, that's why you have to think a million times before spending any fraction of them. Otherwise, if you have a significant amount of money, I think you should invest it in a profitable project. But if you have only a small amount you better try some gambling game in order to extend your wealth.

datodota002
Full Member
***
Offline Offline

Activity: 224
Merit: 101



View Profile
October 01, 2017, 10:49:49 AM
 #128

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?
for now yes you can't do much thing with bitcoin, in present day you just can use it to trade and investment, but in some place like bali you can buy something with your bitcoin because there are several restaurant in vali that accept bitcoin as payment method
btc_angela
Hero Member
*****
Offline Offline

Activity: 2618
Merit: 544



View Profile
October 01, 2017, 10:58:01 AM
 #129

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?

After reading several suggestions from others I think keeping it alone is doing something with it and its even much more valuable than spending it and in the long run you be the one that will enjoy it because by the time there is more freedom to spend in your country of residence which is what will happen eventually, you get you have much more than enough to spend at the time but I still feel you need to explore several opportunities that have been suggested.

Exactly. The OP should just saved it and not spend since he has no used for his bitcoin right now. He should be waiting for the perfect time that bitcoin has been universally accepted as mode of payment. Or he can do trading for sure. If I have a lot bitcoin I would save some and used the remaining to do trading. So at least you have given yourself to have more bitcoins in your wallet and later when its time to used it, you have so much that you can buy everything you want like clothes and even a house.

███████████████████████
████████████████████
██████████████████
████████████████████
███▀▀▀█████████████████
███▄▄▄█████████████████
██████████████████████
██████████████████████
███████████████████████
█████████████████████
███████████████████
███████████████
████████████████████████
███████████████████████████
███████████████████████████
███████████████████████████
█████████▀▀██▀██▀▀█████████
█████████████▄█████████████
███████████████████████
████████████████████████
████████████▄█▄█████████
████████▀▀███████████
██████████████████
▀███████████████████▀
▀███████████████▀
█████████████████████████
O F F I C I A L   P A R T N E R S
▬▬▬▬▬▬▬▬▬▬
ASTON VILLA FC
BURNLEY FC
BK8?.
..PLAY NOW..
millgates
Sr. Member
****
Offline Offline

Activity: 714
Merit: 250



View Profile
October 01, 2017, 11:11:34 AM
 #130

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 must be patient,  the bitcoin adoption is stll low but keep increasing. It is because bitcoin is still new currency, you can buy a lot of things in popular website named amazon using bitcoin through purse. io, it allows users to save 15 percent or more on their amazon purchases. There are so many vendors that help bitcoin user to spend their bitcoin.
YuginKadoya
Legendary
*
Offline Offline

Activity: 3038
Merit: 1169



View Profile
October 01, 2017, 11:34:45 AM
 #131

Even if many in here are saying that they had so much they can do with their bitcoin, they can surely buy online products, a direct purchase in a qualify merchant, amazon, google play, ebay Etc.. it will always depend on the country you are at because there are certain country that doesn't have all the capabilities i engaging with a possible bitcoin transaction and poverty is very common in this kind of country.
LFC_Bitcoin
Legendary
*
Offline Offline

Activity: 3542
Merit: 9668


#1 VIP Crypto Casino


View Profile
October 01, 2017, 11:36:11 AM
 #132

) I consider bitcoin as a long-term investment funds. For the purpose of receiving benefits in the future) and I advise you to do so!

This ^^

Bitcoin has increased in value over time like very few other assets can. I suggest that people HODL their coins for a good few years, it might be one of the best things you ever do.

.
.BITCASINO.. 
.
#1 VIP CRYPTO CASINO

▄██████████████▄
█▄████████████▄▀▄▄▄
█████████████████▄▄▄
█████▄▄▄▄▄▄██████████████▄
███████████████████████████████
████▀█████████████▄▄██████████
██████▀██████████████████████
████████████████▀██████▌████
███████████████▀▀▄█▄▀▀█████▀
███████████████████▀▀█████▀
 ▀▀▀▀▀▀▀██████████████
          ▀▀▀████████
                ▀▀▀███

.
......PLAY......
Victorycoin
Hero Member
*****
Offline Offline

Activity: 1134
Merit: 517



View Profile
October 01, 2017, 11:56:30 AM
 #133

Me too, can not count on BTC and wait for it to rise and get profit. I usually sell it over the weekend and get my money to pay for the daily living expenses.
That is understandable! Buy and Hodl actually is not all comers thing, it is best suited for bitcoiners with heavy wallets, but with not much trading knowledge, skills or time on their hands. For someone whose living expense comes from their earning online, Hodling should never be there choice because it is sure to make a mess of the whole effort. I think what's best for such a person would be learn to trade.
RayvenPierre
Full Member
***
Offline Offline

Activity: 182
Merit: 100


★Bitvest.io★ Play Plinko or Invest!


View Profile
October 01, 2017, 12:00:23 PM
 #134

You can always do trading or buy and sell if you want to gain profit right away and be able to use the money you make from bitcoin. Hodling and keeping the bitcoin is not a bad idea itself because it really is a good form of investment.

sheldonnnn
Sr. Member
****
Offline Offline

Activity: 420
Merit: 266



View Profile
October 01, 2017, 03:35:33 PM
 #135

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 shops and restaurants do not accept Bitcoin in your country, then exchange Bitcoin for the national currency and then use it. Many people earn Bitcoin to use it for everyday needs not only for investment. But it would be much wiser to save it and wait for it to grow in price.
halych
Full Member
***
Offline Offline

Activity: 189
Merit: 100


🌟 eSports ICO: 01/11/2017 🌟


View Profile
October 01, 2017, 03:43:18 PM
 #136

I invest my bitcoins in order to earn money to buy a house and open my business. I'm not interested in spending my precious coins on things and all sorts of entertainment.

Genemind
Sr. Member
****
Offline Offline

Activity: 1596
Merit: 335


View Profile
October 01, 2017, 03:46:52 PM
 #137

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 you really don't need money yet, just save your bitcoin. The reason why we are holding bitcoin is to earn more money. We earn money to pay bills, buy things that we need. So, if you need bitcoin to buy something don't hesitate to use your bitcoin and convert.
MysticOne
Jr. Member
*
Offline Offline

Activity: 59
Merit: 10


View Profile
October 01, 2017, 03:47:06 PM
 #138

Quote
You can do three things with bitcoin.
1.Holding and waiting for the price to hit the moon.
2.Trading cryptocurrencies(you need skills and experience for this).
3.Gambling(i don`t recommend it).
If you wanna buy products with btc you can use purse.io (i`m not promoting it).
Bitcoin is not a currency,bitcoin is a digital financial asset.

You state that you can do three things with bitcoin and then you go on to mention four  Tongue
micher143
Hero Member
*****
Offline Offline

Activity: 798
Merit: 500


View Profile
October 01, 2017, 03:50:35 PM
 #139

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 can try to invest, lend or save it for the mean time... if you can convert it to your local currency the better so that you can spend it to your locallity... i think it depends on your wallet.. for us... we have this converted to our local currency and claim it through wire transfer... it is how we done in our country.... so if exchange is not available in your country.. try to contact your friends and relative and let them be the one to exchange it for you then send it you through wire transfer....
You have a variety of ways for you to used your Bitcoin, you could invest, trade, deal with transaction or even start a business with the used of Bitcoin. But the for you to have a profit and to earn more you will need to have an initial investment of time for you to have the know you need to deal with the system of bitcoin.
leonair
Sr. Member
****
Offline Offline

Activity: 1246
Merit: 390


★Bitvest.io★ Play Plinko or Invest!


View Profile
October 01, 2017, 04:25:39 PM
 #140

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?

Then look Bitcoin as an investment instead of a daily money that can spend off to your lifestyle. Most of the cryptocurrency users are really holding their coins until they are satisfied with the profit that they made from the first time they bought their Bitcoin with their Fiat moneys, if you want to spend with your necessities with Bitcoin then it is much better to convert it first to your local Fiat moneys instead stressing yourself in finding an establishment that accepts Bitcoin as a payment.



BIG WINNER!
[15.00000000 BTC]


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████
▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░▄███
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████
██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░
▀██░▄▄▄▄░████▄▄██▄░░░░
▄████████████▀▀▀▀▀▀▀██▄
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄
▀██░████████░███████░█▀
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████
▀████████████████████▀




Rainbot
Daily Quests
Faucet
Pages: « 1 2 3 4 5 6 [7] 8 9 10 11 12 13 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!