What do you do with your crypto?

[valterkjellberg]

I mostly mine and hodl, but my friend day trades and says I should start getting into it. What do you prefer to do and do you think there is a better route to take? I personally think it's all up to personal preference, I'm new though.

I'm still confused on the tax thing, I've never sold bitcoin period. But I have bought on gdax, then sent to various wallets each time, now if a transaction is taxed, then as far as they know I'm doing a transaction and I'll be taxed for giving myself my own btc?? I have a hard time believing, that the IRS is going to be able to keep up with all this. My personal transaction history alone is amazingly complicated, and I've done nothing more than buy, send to wallets and give away a little crypto to family and friends I've tried to help learn. When I went to France and traded dollars for euros I didn't have to put that on my tax returns, this is really some bullshit if you ask me.

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I mostly mine and hodl, but my friend day trades and says I should start getting into it. What do you prefer to do and do you think there is a better route to take? I personally think it's all up to personal preference, I'm new though.

yes, that's really up to you focus on the field that you prefer. but I think your friend is not wrong, he just suggested that you get involved in trading as he suggested. but it is not easy and there are many difficult obstacles that you will go through if you do not have much knowledge and experience. so, you better focus on your main job.

[Al Amin]

What I do to my crypto is certainly to see the market and the development of the altcoin. That way I can decide what to do with my altcoin. If the market is in good condition I will sell it.

[pretius99]

I prefer to invest my crypto because crypto is stored longer it will become expensive because the longer the number of crypto in the market is decreasing

[Jerzzz]

I will use my crypto as an investment tool. if the crypto price goes up I will sell it and part of the proceeds from the sale I will use for trading. and I would use to create new businesses that can create new jobs.

[Traslavin]

I hold my crypto because I am a long term investor and I hope that in one or 2 years my profits will be much more increased

I mostly like to hold more for some years and it give me good earnings too so you can make your own decision for your situation and bitcoin is not for earning and it also very much useful for future generations.

I do have the same intention too with my cryptocurrency, which I guess is best choice for now due to sudden dropping of price. We are all wanted to get a high profit from it so it is better to hold it for a while and wait till it's price gets high or increased again before you're going to sell it.

[JPablo]

I mostly mine and hodl, but my friend day trades and says I should start getting into it. What do you prefer to do and do you think there is a better route to take? I personally think it's all up to personal preference, I'm new though.

Just doing airdrop and hold for i while until the value will go up and change it to bitcoin. Same time i do campaign it's nice to develop my knowledge in crypto and in my engilsh also.

[AnnaSitnikova]

I keep coins until better times! Now is not the best time to sell your crypto stocks! I advise you to wait for a more suitable time

[bellanas]

In the topic of crypto currency, I can say a beginner, only three months. While sticking to the tactics of "buy and hold," I do not plan to sell anything in 2018

[uszaty43]

In the topic of crypto currency, I can say a beginner, only three months. While sticking to the tactics of "buy and hold," I do not plan to sell anything in 2018

Yeah me neither.. i am looking  to sell all my bitcoins only if it goes over $20000 each one of them, again.

But i do not know what to do with some tokens that i own, maybe i will sell them soon.

[markleal]

I mostly mine and hodl, but my friend day trades and says I should start getting into it. What do you prefer to do and do you think there is a better route to take? I personally think it's all up to personal preference, I'm new though.

Hi here cosgui! As of the moment i HODL. I previously bought clothes using bitcoin, I have even bought a bitcoin socks last december. But currently, due to the low price of bitcoin it feels hard to let off some bitcoin just to purchase something that is no a need. However, some cost can't be prevented like internet fee and electricity. By those I use my bitcoin to paid it all off. If you are asking what could be done hodl or trade, i could suggest that follow your friend. If the price is low you can't gain enough revenue by just holding, you need those bitcoins to work for you and that is when the trading comes in.

[allohha]

I mostly mine and hodl, but my friend day trades and says I should start getting into it. What do you prefer to do and do you think there is a better route to take? I personally think it's all up to personal preference, I'm new though.

  There are so many options for your question. I will answer so, I personally take care of all the coins that I mine, I do not know, maybe this is a mistake on my part, but I think that sometime when I would need everything and I was not mistaken in my calculations and intentions.

[TimofeiHabarov2807]

The ideas of blockade, bitcoin and smart contracts are revolutionary enough in themselves. People believe in them, and most likely they will really be able to incarnate, although perhaps not in the way they predict now.

[EmJay]

HODL is a good Thing that everyone can do it. But Live or day trading is like tough for the new inexperienced user. If you have enough knowledge about the crypto market ratio, If you know which coins are good then you may try Live trading with mining. Because mining is the easiest way to earn money. So, don't leave that, You may try live trade also if you have those elements. Good Luck

Same here, I hodl my coins if is worth hodling for and If I know that the project is active, meaning thay coin has a big chance to become bigger. SOmetime hodl and sell it when it has value . But mostly holding first and study the flow or pattern of the prices.

[Leon2_18]

I mostly mine and hodl, but my friend day trades and says I should start getting into it. What do you prefer to do and do you think there is a better route to take? I personally think it's all up to personal preference, I'm new though.

Preference on how will you make profit out of crypto depends on the user itself. Trading in my opinion is a bit risky unlike investing especially with bitcoin where profit has a more chance to be earned due to the high demand on the market. But the best thing to do is to try all of it and see it for yourself.

absolutely agree, in any case, you need to try and start to understand the earnings on the cryptocurrency

[engrlodi]

It always depends on you if you want to join in trading but always remember that if you trade there is always a big risk. Many trader, even the one who has an experience already can get lose of money. My advice to you is to be more active when it comes in trading. Get an advice with your friend that into trading. Getting profits always depends on youx

[BlackRacerX]

I mostly mine and hodl, but my friend day trades and says I should start getting into it. What do you prefer to do and do you think there is a better route to take? I personally think it's all up to personal preference, I'm new though.

I buy and hodl. I buy when the price so ultra cheap and hodl when the price starts to climb. I also invest in ICOs so I don't really just have bitcoins with me but other coins as well most notably a reasonable amount of etherium. Don't just invest on a single coin, go out there and explore. There are tons and tons of alt coins to invest on.

[main320]

The general population that dread that BTC lost it's esteem and sold them in hustle, are the same continually regreting and requesting that what do now! All things considered, you should purchase and hold BTC, on the grounds that it's potential is a long way from being accomplished yet. Try not to give some talk a chance to destroy the reasoning and observation that you have about bitcoin!

[jeldzrey16]

I earn bitcoins. From the word earning, there is something that we need to buy thats why we earn. I should use my bitcoin in a great ways, buying my need and my family needs.

[livingfree]

If you don't have anything to do with your coins like bitcoin then you can just hold it. I'm trading but it's not very often and is only happening for few times. There's a fund that I made that's dedicated for holding and I have some alts that are on hold too. And when I have time to trade and I've seen some of my coins earned and increased then that's the time that I'm selling. Also it's a good way to use as an alternative cash, when you want to purchase something online and you want to use it, there's a way but its limited.