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Author Topic: A friend sent me .03 BTC - what to do now?  (Read 3002 times)
AngelJoshua
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December 16, 2017, 03:08:00 PM
 #101

It's up to you now if you're going to keep it as a bitcoin or use it on another investment site Smiley but for me, why don't use it in trading of any other coins it will grow if you will study how to trade Smiley that is the best choice that I think for you to do now Smiley

At your service
Svelto
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December 16, 2017, 03:14:37 PM
 #102

You seem to be a budding entrepreneur if you don’t need the money then let it ride but make sure you store it somewhere you have full control over. You could also benefit from the wave of airdrops and Bitcoin forks which may add value also.

Thanks for the kind remarks and to everyone else for their valued input.
Thought I'd let everyone know I cashed out ~$400 worth and left roughly $150 to let it ride.
I made this decision based upon the holidays coming up and $400 would help out quite a bit.
However, I'm excited to see the $150 appreciate some nice value  Smiley

$150 will be a good amount to hold too. You never know what kind of amount $150 in BTC will grow to. Just remember to use a safe wallet (a wallet you control the private key) for it.

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December 16, 2017, 03:28:30 PM
 #103

So long story short, a friend owed me for a favor and since I did not have bitcoin before he asked If I would take it in BTC. I didn't mind since I can cash out whenever.
My question is.. what do you think? Its a decent chunk of money for me to just hope something keeps rising, do you think I should "let it ride" or cash out and just be happy with ~$500?

in accordance with the circumstances only. If you are in dire need of cash, you can dilute some or all of it. but if you do not really need cash then just let it be bitcoin. You will get more profit when bitcoin prices go up.

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December 16, 2017, 03:47:54 PM
 #104

So nice of your friend.Now come to the point.Look,0.03 is not a negligible amount of BTC.Use it carefully and obviously in a profitable way.I'll suggest you nothing but to hold your bitcoin.

Holding bitcoin will bring you profits.The price of bitcoin is gradually increasing.The price of it has risen from $1000 in january 2017 to $18000 during the middle of December 2017.So,you can hold your bitcoin to get profit.Thus,your bitcoin will become a great source of profit.

best of luck.

Adine.lablab
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December 17, 2017, 03:37:57 AM
 #105

It's up to you if what you will do to your bitcoin,if you want to double or triple your bitcoin you can invest it but its risky. But you can get profit without investing by holding your bitcoins,as you can see bitcoin price niw is getting higher so if you will just hold it and wait for its price gets higher more than the value when you recieve it you will get profit. You can also sell it if you wantto make it cash. There is many ways to do on your bitcoin its just up to you.
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December 17, 2017, 03:43:46 AM
 #106

So long story short, a friend owed me for a favor and since I did not have bitcoin before he asked If I would take it in BTC. I didn't mind since I can cash out whenever.
My question is.. what do you think? Its a decent chunk of money for me to just hope something keeps rising, do you think I should "let it ride" or cash out and just be happy with ~$500?
Hold it! Just keep it for the meantime. Bitcoin price will continue on rising which will give you lots of profit. Just be patient and faithful and you will see that good things come to those who wait faithfully.

mjnick01
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December 17, 2017, 03:52:19 AM
 #107

Do not spend
when you give a .03 because bitcoin is now rising and will reach 1million in phillipine peso
how much bitcoin you are today
the more likely it will increase
Just keep thinking right
because when you invest you might lose a moment

my second advice
you can invest even half of it
and that's half you're going to withdraw your money
for even if you are able to use it at least you used it
cpfreeplz
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December 17, 2017, 03:54:03 AM
 #108

Why not keep it? Why not learn how to use it? Why not learn how your country makes your money? That'll be a shock then you'll be hooked for life. It's not logical and is not in the best interest of people, it's in the best interest of bankers and their supreme overlords, central banks.
tanghere1
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December 17, 2017, 03:58:45 AM
 #109

Up to you mate. As for me I would hold it or invest it. Go look at some legit sites that let's you double your bitcoin. PS you have to be careful on choosing this sites a lot of them are scams.

moonfrost21
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December 17, 2017, 04:01:15 AM
 #110

So long story short, a friend owed me for a favor and since I did not have bitcoin before he asked If I would take it in BTC. I didn't mind since I can cash out whenever.
My question is.. what do you think? Its a decent chunk of money for me to just hope something keeps rising, do you think I should "let it ride" or cash out and just be happy with ~$500?

Just a simple advice, buddy. I think that is not just a coincidence that your friend sent you BTC. You are fated to be part of what's going on in Bitcoin and other cryptocurrencies. Since you are already in this forum, how about learning on how to profit more using what you have there.
In the end, it will not only be earnings that you will have but also a knowledge that won't be stolen. OMG, did I just sound like my grandma?  Grin

CryptosapienZA
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December 17, 2017, 04:10:02 AM
 #111

So long story short, a friend owed me for a favor and since I did not have bitcoin before he asked If I would take it in BTC. I didn't mind since I can cash out whenever.
My question is.. what do you think? Its a decent chunk of money for me to just hope something keeps rising, do you think I should "let it ride" or cash out and just be happy with ~$500?

Do you own private keys to your wallet? If yes, then just leave it there, and wait for it to grow... If your wallet is an exchange wallet, then move your coins to a wallet that let's you keep your own keys.

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December 17, 2017, 06:39:23 AM
 #112

you have many options with 0.03 btc. you can do trading on one exchange and try to earn the profit, you can cash out that btc into money, or you can keep it in your wallet. but if I were you, I will use that 0.03 btc for trading and I will try to make a profit. that is a free btc for you to start to increase the amount and don't let the chance to go like that before you try anything.

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December 17, 2017, 06:40:15 AM
 #113

So long story short, a friend owed me for a favor and since I did not have bitcoin before he asked If I would take it in BTC. I didn't mind since I can cash out whenever.
My question is.. what do you think? Its a decent chunk of money for me to just hope something keeps rising, do you think I should "let it ride" or cash out and just be happy with ~$500?
Hold it! Just keep it for the meantime. Bitcoin price will continue on rising which will give you lots of profit. Just be patient and faithful and you will see that good things come to those who wait faithfully.
Hold it for some more time, the way in which bitcoin price raising from last 6 months by that trends it is suggestable to hold 0.03BTC, later stage you'll get very good amount of it and by the way you're friend looks so generous to give the bitcoin.

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December 17, 2017, 06:44:29 AM
 #114

So long story short, a friend owed me for a favor and since I did not have bitcoin before he asked If I would take it in BTC. I didn't mind since I can cash out whenever.
My question is.. what do you think? Its a decent chunk of money for me to just hope something keeps rising, do you think I should "let it ride" or cash out and just be happy with ~$500?

0.03 Bitcoin is enough for the trading capital and the way to become rich, first plant this mind that you play bitcoin like you saving means you will get profit for long term, first buy altcoin which is still cheap price like XLM, XRP, NXT and others coins are still cheap, if they go up a bit then you will get a lot of profits.
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December 17, 2017, 06:45:46 AM
 #115

As users suggested keep hold of the assets for a short and when you feel yourself secure and has gained a little through the growth do make further decisions. In specific why I suggest to hold is to understand the growth it can provide to the users who believe in it. Apart from the same you could invest on ico or low price altcoins.

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December 17, 2017, 06:52:36 AM
 #116

So long story short, a friend owed me for a favor and since I did not have bitcoin before he asked If I would take it in BTC. I didn't mind since I can cash out whenever.
My question is.. what do you think? Its a decent chunk of money for me to just hope something keeps rising, do you think I should "let it ride" or cash out and just be happy with ~$500?

0.03 Bitcoin is enough for the trading capital and the way to become rich, first plant this mind that you play bitcoin like you saving means you will get profit for long term, first buy altcoin which is still cheap price like XLM, XRP, NXT and others coins are still cheap, if they go up a bit then you will get a lot of profits.

really we can buy the price of coin that is still under the price of $ 1 and very much at all coin with a price below $ 1 you can see it at https://coinmarketcap.com/, there are many listings there that can help you to get profit and become wealthy.
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December 17, 2017, 06:54:48 AM
 #117

if i were you, i would hold that 0.03btc on my wallet without doing anything in order to avoid any risk that may possibly lead to getting bankrupt. you can still possibly earn a passive income just by hodling it on your own but keep in mind that it may take some time to happen because bitcoin is kinda unstable. however you can still buy and  invest more bitcoin by using your own cash in order for you to maximize your potential passive income. just always remember never invest what you cant afford to loose. so better start small then gradually increase it overtime.
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December 17, 2017, 07:08:10 AM
 #118

So long story short, a friend owed me for a favor and since I did not have bitcoin before he asked If I would take it in BTC. I didn't mind since I can cash out whenever.
My question is.. what do you think? Its a decent chunk of money for me to just hope something keeps rising, do you think I should "let it ride" or cash out and just be happy with ~$500?

Well, if i were you, I will cash out some of it and the some part of it will be invested in a investment site where it is trusted. And the last part will be still in my Bitcoi wallet and i will hold it. I will start to join signature campaigns that ables me to earn a lot of money. I will use Bitcoin as my part time business and i will always do this this activity as my routine everyday. And i assure you that I will be rich because of bitcoin.

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December 17, 2017, 07:40:42 AM
 #119

So long story short, a friend owed me for a favor and since I did not have bitcoin before he asked If I would take it in BTC. I didn't mind since I can cash out whenever.
My question is.. what do you think? Its a decent chunk of money for me to just hope something keeps rising, do you think I should "let it ride" or cash out and just be happy with ~$500?
Well for me if its not totally needed in my daily needs i'd rather invest the 50% in some altcoins that also plays competitively in the market..and the rest i will hold it in my wallet to have double profit when time comes,its a gift from a friend so it must be treated it as a precious one..and to have a digital currency just like bitcoin which is a pioneer and the strongest crypto im confident that it would last longer than we expect and as times goes by it will become more profitable.

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December 17, 2017, 08:08:26 AM
 #120

So long story short, a friend owed me for a favor and since I did not have bitcoin before he asked If I would take it in BTC. I didn't mind since I can cash out whenever.
My question is.. what do you think? Its a decent chunk of money for me to just hope something keeps rising, do you think I should "let it ride" or cash out and just be happy with ~$500?
If you think the money is so valuable then exchange it into cash. But if you want to multiply the money, then all you have to do is invest it, but you have to be more careful and consider what risks you will get. because in my opinion, the investment is very risky.
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