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Author Topic: What do you do with your crypto?  (Read 1895 times)
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April 17, 2018, 02:03:53 PM
 #401

I mine crypto to pay the bills. I keep trying to put some away but every single month it seems that I need to cash it all in to pay the bills. Back in December I started buying GPUs in hopes of getting enough to cover our total cost of living. Have 40 various GPUs now. If crypto goes back up, maybe I can start saving some for the future.

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April 17, 2018, 02:11:19 PM
 #402

I make investments and also trade, but if I trade I see first the condition of the market, if the market is quiet again I stop trading, but if my market starts again. that's my way of earning money in Cryptocurrencency. actually a lot of ways, but I am also busy working in the office. so I have to be able to for the time between my work at the office, and my job hunting money in Cryptocurrency World.
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April 17, 2018, 02:23:27 PM
 #403

I only trade with coins and tokens that I hold. Most of the time I just try to increase my current holdings with trading. It is less risky this way, because you will either end up with a coin/token you are already comfortable with holding or you end up with Bitcoin.
Like this i am also use my coins for trading. Mainly i earn crypto to fulfill my needs and requirements. So i earn it through several ways like signature campaign, mining, trading and some time gambling also. In this digital world many  businesses and merchants using Bitcoin for trading,so i use my coins to buy my stuffs from them. I also used my crypto for investment, i know it is risky but effective too. I also store some of my Bitcoin for my future use. I know its price will be increase in future then it will be helpful to me.  Wink
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April 17, 2018, 02:27:05 PM
 #404

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.



Of course, everything depends on personal preferences. Try it, why not. If you have analytical skills and an understanding of the market, then with the advent of experience everything will turn out.
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April 17, 2018, 02:32:28 PM
 #405

It actually depends on what you prefer. I like to invest and hold bitcoin for quite a long time until such time that its value has gone high. I'll just keep holding my coins so that I could maximize the profit that I could earn.
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April 17, 2018, 02:33:36 PM
 #406

By looking at the current market situation. In my opinion, trading is a better way than to wait. Because by trading we can use the time to seek profit. A little gain, better than to be confused about the current unstable situation.

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April 17, 2018, 02:35:54 PM
 #407

I do trade as well as hold. I always try to hold my bounty coins but airdrop coins I usually sold when they pumped up. On the other hand sometime if I see price is good I sell my 25℅ coins and hold 75℅ for long term. I don't believe to sell all coins at once. I think day trading is not easy until and unless you have a good knowledge of the market otherwise you can do long-term trading and if you are consistent in trading then you can try day trading.
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April 17, 2018, 02:43:48 PM
 #408

Looks like you are more knowledgeable in mining than trading but mining compare to day trading is I guess more profitable is day trading because it depends on how big you invested in,big investment big profit not like mining I think you can only mine small mount.
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April 17, 2018, 02:44:19 PM
 #409

Now those who at least have a little knowledge of the analyst of trading - hold their coins, because they understand the situation and are waiting.
Selling is the action of panicking people.
I treat myself to the first kind.
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April 17, 2018, 02:53:58 PM
 #410

Looks like you are more knowledgeable in mining than trading but mining compare to day trading is I guess more profitable is day trading because it depends on how big you invested in,big investment big profit not like mining I think you can only mine small mount.

I have dipped my hand into day trading as well when the conditions are good. I am a much more cautious trader though and only make a move when it is sure. I like to use the mining profits rather than real cash. If you make more, great. If you lose, it doesnt hurt so bad.

Been studying margin trading but you need a lot to make it worth your time.

Mining can be quite profitable depending on the market and the number of rigs.

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April 17, 2018, 03:05:56 PM
 #411

i hold all of them in my papper wallet. I increase amount of it day by day by tradein Bitrex and Binance exchange. I think this is a good time to you collect many crypto wih a "GOOD price". Please work hard and REMEMBER use DCA and cutloss when you trade
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April 17, 2018, 03:08:54 PM
 #412

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 trade to other crypto which i think more profitable.
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April 17, 2018, 03:13:38 PM
 #413

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.
If you are content with what you are able to mine and you want to depend on only mining then its right to hold but if you are someone who wants more then you can do trading.  It is important to note that the trading unlike holding, comes with a higher risk. Like you personally said, its personal preference so just follow your own interests.

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April 17, 2018, 03:20:22 PM
 #414

Hold it for the remaining time  and sell it for hing price. Im a much more cautious trader though and only make a move when it is sure. I like to use the mining profits rather than real cash.  guess more profitable is day trading because it depends on how big you invested in,big investment big profit not like mining I think you can only mine small mount. I always try to hold my bounty coins but airdrop coins I usually sold when they pumped up. Buying during the downfalls and selling whenever the price is high might be an easy thing but is really profitable due to the market volatility.
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April 17, 2018, 04:14:18 PM
 #415

I invest those potential altcoin and hold bitcoin. I don't mine but i buy. For the altcoins, i will invest and after gaining profit i will reinvest in other altcoin using the profit i earn. I will not add any fiat for my crypto investment.

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April 17, 2018, 04:17:40 PM
 #416

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.

At first we bought bitcoin and waited for the price to go up. After a few weeks we learned how to trade and we have been trading since. And now we also do campaign sigs for additional income

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April 17, 2018, 04:23:52 PM
 #417

I basically prefer to keep coins for a long time.  I only use trading when I have free time.  Of course, sometimes I check my portfolio, and sell coins that are not very promising in my opinion.

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April 17, 2018, 04:24:21 PM
 #418

I mainly buy and hold my crypto currencies. Doing day trading requires good trading skills. If you have the skills and experience, it is a good way to earn money. If not, it is better to just hold your coins or learn about day trading first.

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April 17, 2018, 04:28:17 PM
 #419

Hold is certainly good, but active trading is much more profitable, but the risks are increasing. Work in trade is much more, you need to actively monitor the signals
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April 17, 2018, 04:35:05 PM
 #420

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.
Holding is a safe option, but some professional traders don't like it, they want to play with the market and now is the time to earn big money.
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