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Author Topic: I stll don't know what to do with my Bitcoins...  (Read 3040 times)
Hawkers7
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October 09, 2017, 09:46:18 AM
 #241

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 your only problem is that your country doesnt accept bitcoin, you can just convert the bitcoin that you earned into fiat money and buy whatever you want. Like you, my country also doesnt accept bitcoin as a payment thats why i convert my bitcoin first to money. I think the reason why they dont accept bitcoin because it is not well established yet and its not known by many people in a certain country.

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October 09, 2017, 01:20:47 PM
 #242

you have to transfer bitcoin to your fiat money.Then you can use it.

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October 09, 2017, 01:24:21 PM
 #243

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?

Just save all the bitcoin you can, and if  you need to buy something and if you can't buy any with your bitcoin, the convert your bitcoin to fiat money. There's no need to stress whether what to do with your bitcoin. You should just keep on earning bitcoin as much as you can.
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October 09, 2017, 01:30:30 PM
 #244

How bout you convert your btc in fiat i think that's possible or just hold your bitcoin until it hit the peak before you convert it into fiat just be carefull because no one can say if btc is still going to up just observe the market. Its simple you know no need to overthink about this kind of problem..

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October 09, 2017, 01:32:25 PM
 #245

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?

Just save all the bitcoin you can, and if  you need to buy something and if you can't buy any with your bitcoin, the convert your bitcoin to fiat money. There's no need to stress whether what to do with your bitcoin. You should just keep on earning bitcoin as much as you can.

This is the approach that I take, I try my best to keep as much of my money in BTC as I can so that it can grow and will be an even bigger payoff in the future. Of course if people need to draw on their bitcoin holdings to live then they should do so but if they can manage not to then they shouldn't.

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October 15, 2017, 12:28:53 PM
 #246

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?
Keep on earning as long you hard work for it to earn many btc.Save it for future purposes until the value of btc will grow higher your money can be more profitable If you invest it.Or maybe you should withdraw it and save it in the bank for some emergency cases of yours.
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October 15, 2017, 02:35:32 PM
 #247

If you still don't know what to do with your bitcoins then you should just hold them and let them grow. Keep buying more when you can and it'll be the best thing you've ever done.



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October 15, 2017, 02:52:03 PM
 #248

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 think you are too much trouble yourself. bitcoin is an asset, people will think when they will buy for goods or eat in restaurants. most people are better off spending dollars than having to pay with bitcoin. so what do you think about bitcoin.
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October 26, 2017, 09:10:25 PM
 #249

Because it is too early to think about where to spend the bitcoins. Save them for the future. It will grow in price, which will bring you income, and places where you spend the accumulated will be much more that will give you the opportunity to choose. In the meantime, keep them, let them get stronger. Smiley
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October 26, 2017, 09:20:07 PM
 #250

 The best advise for anyone is to save your bitcoins until you can get set for life and the cash out. No matter if thats 10 years from now.
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October 26, 2017, 09:26:05 PM
 #251

There are many websites that you can use it. You can also use it in your country's local crypto networks to cash it out or another option you can just hold it at the moment as it is expected to increase more.

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October 26, 2017, 09:30:25 PM
 #252

Bitcoin can change your life. You can invest bitcoin for long time. You can trade with bitcoin. bitcoin gives you everything that you need.

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October 26, 2017, 09:32:10 PM
 #253

The best advise for anyone is to save your bitcoins until you can get set for life and the cash out. No matter if thats 10 years from now.
That's a good things to do,  if you have a bitcoin and you don't know how, much better if you keep holding it because later on it will get more  increase value and be patience wait for the right time, this will bring you a lot of things like money information and the second is trading which is much like the first one which also make you a experience person and you will know all about bitcoin very soon after applying these tips.
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October 26, 2017, 09:37:06 PM
 #254

Even though there is not as many bitcoin stores, it is not hard to convert bitcoin to cash and just spend it if that is what you want. I have used it to pay for big expenses doing that.

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October 26, 2017, 10:51:38 PM
 #255

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?
Keeping it is a good idea but investing it is a better idea. Keeping it and wait for the right time is good but if you invest your bitcoin it can doubled your money or it can be tripled.

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