phelbaby
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Activity: 434
Merit: 10
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December 22, 2017, 05:33:57 PM |
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It will be nice you invest but only invest into other crypto but only what you can bear if a losses comes along the way
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"The nature of Bitcoin is such that once version 0.1 was released, the
core design was set in stone for the rest of its lifetime." -- Satoshi
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lelylely
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Activity: 588
Merit: 10
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December 22, 2017, 05:35:50 PM |
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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?
Better kept in bitcoin alone, wait for the price to go up you will get more profit.
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joebrook
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Activity: 644
Merit: 259
CryptoTalk.Org - Get Paid for every Post!
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December 22, 2017, 05:58:54 PM |
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Just continue holding because at the moment when you decide to even exchange it for another currency, you are going to pay a lot of money in the transaction fees alone. Just continue holding because the value is going to go up very soon
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nankers
Full Member
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Activity: 634
Merit: 118
Bounty Hunter Indonesia
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December 22, 2017, 06:13:12 PM |
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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 see situation now,i think much better if you hold cause price bitcoin now is down or dump.but if you wanna try a trading,you can look altcoin for your investment with your bitcoin
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gunungkembar
Member
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Activity: 545
Merit: 43
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December 22, 2017, 06:14:22 PM |
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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?
it's enough for your capital to play trading, you can use bitcoin to buy altcoin which is cheaper and if altcoin price goes up then we will get profit.
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1bitcoinsnet
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Activity: 84
Merit: 10
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December 22, 2017, 06:43:09 PM |
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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?
sell and put into bch and xrp
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athanz88
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December 22, 2017, 07:01:22 PM |
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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?
There are two options for this kind of situation, which : 1. Hold. If you have a steady job, a monthly fees, and not a big lifestyle (your monthly fees can cover it), then I suggest you do the hold. The value can increase in the future, maybe beyond your imagination later. 2. Cash out. If you really need the money because of something important. By something important I mean it is like you have no food, no water to drink, cant cover your daily needs, emergency situation, then you should cash out. In the end, it is your decision. Do it wisely, if you want to spend, spend it wisely, if you want to hold, hold it with patience. Good luck with your choice
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criticoflife
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December 22, 2017, 08:07:42 PM |
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split it into around 5 different coins to minimize your risk! holding btc right now if that is all of your money is far too dangerous with the uncertain btc market right now. Get some eth it seems to be more stable right now.
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bisectfinance
Newbie
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Activity: 8
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December 23, 2017, 06:23:26 AM |
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A good option would be to cash out what you need and leave a bit for investment. It would still depend on you and what you value more.
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Hotrod_88
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December 23, 2017, 06:27:43 AM |
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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 ~$500?
That is pretty much small for me but as a gift that was given to you that is a lot of money and if you needed a money you should cash it all our because you needed it but if you have some stable financial situation i advice you to just hold it for a while because are gonna get a lot more money in that. Because we all know that the value of bitcoins are getting larger and larger butbthe decision is always on you and you should start to earn more to not waste the opportunity that are happening to you.
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Sab11
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Activity: 524
Merit: 100
io.ezystayz.com
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December 23, 2017, 06:32:25 AM |
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500$ worth of bitcoin is good gift, its up to you because its your money, for me its better to hold it for years, or invest it to duble up your profit.
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Mokter
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Activity: 180
Merit: 10
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December 23, 2017, 06:39:08 AM |
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if you do not have any financial crisis,then you can hold for long term to get better profit when its price will increase.Besides you can earn better profit by trading,if you have enough knowledge about this.
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Weaklies
Jr. Member
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Activity: 54
Merit: 10
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December 23, 2017, 06:41:14 AM |
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If you know the person who sent you BTC who sent the BTC than you should tell him about it. And make him realize that i could have taken the money. And not tell you.But i was kind and told you about it. So you should give me 0.1 bitcoin because you are about to loose 0.3 bitcoin.
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Davinus
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December 23, 2017, 06:46:22 AM |
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The funniest part in here is that you can not do almost anything with that amount of money. Why dont you use it to buy some stuff or just enjoy it? I dont want to be rude, but 0.03 is dust if you want to keep investing that amount in here
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lienfaye
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December 23, 2017, 06:53:16 AM |
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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 dont need your money yet just hold it because sooner bitcoin will increase again maybe early next year after this holiday season wherein most of users cashout their bitcoins. Its a good chance also to invest in altcoins just choose the one that is likely to pump sooner or later.
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lelahkenabanned
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Activity: 329
Merit: 10
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December 23, 2017, 06:55:02 AM |
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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?
actually if you can use it then you can get more than $ 500 because 0.03 BTC is very much and we can buy altcoin for investment and long term savings.
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Alaminshaikh
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Activity: 112
Merit: 10
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December 23, 2017, 07:02:44 AM |
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Have a good money 500$ ,i thinks it's a good time to holding. Bcz now BTC dumping, so when BTC pumping then you can do it trading or Investment. So now you can take this holding.its better.
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Blueblade
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Activity: 266
Merit: 10
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December 23, 2017, 07:06:41 AM |
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It's good to have a hold on now.Bit coin will continue to rise in the coming days.It's easy to get profit right now.If not, you can buy other crypto currency.Or invest in getting profits.If you do not want to change your own money and buy any items
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Kalatas
Newbie
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Activity: 24
Merit: 0
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December 23, 2017, 07:10:53 AM |
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For me if I have the value you maybe I will take it as a opportunity to avail the amount that BTC appreciate. Then if dont still the money I want stick to that and wati patiently.
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donovank
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Activity: 84
Merit: 11
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December 23, 2017, 07:19:47 AM |
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Put it all in XBY. For real, read their whitepaper: https://xtrabytes.global/whitepaper.pdfIt's an amazing coin, while the whole market was dumping, this coin was still pumping. And the new testnet and XCITE clients are comming out soon, you will want to be on that Xtrain
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