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Author Topic: What do you do with your crypto?  (Read 1895 times)
CryptoBeefy
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March 08, 2018, 08:44:36 AM
 #221

I'm mining away and hodling the rest. I'm hoping that the price of Bitcoin will gradually increase over the coming months/year(s) so will continue with my long term strategy. If I want to sell/trade then I do this with my alts.
Hellokitty09
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March 08, 2018, 08:54:23 AM
 #222

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.

I must prepared to hold the coins and token from trading. I will be able to wait the increasing of their price and I never felt panic no matter what the next. It is my second supplement of my income. I see some changes of the price everyday. The thread is not permanent but it is continue goes up.
poniMeXs
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March 08, 2018, 08:59:57 AM
 #223

Investing in my opinion is a bit risky unlike trading especially with bitcoin where profit has a more chance to be earned due to the high demand on the market. Depending on the type of altcoin I would decide to hold or sell them. I will analyze that altcoin, if in the future, I anticipate they will rise, I will hold and wait for higher prices in the future. And if altcoin prices go down, I'll sell them.  Grin Wink
trinhan1988
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March 08, 2018, 09:02:12 AM
 #224

I usually hold altcoin which I think it is of high value in the long term and I usually trade the coin with growth in the short term
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March 08, 2018, 09:02:23 AM
 #225

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.

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Indah_twin
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March 08, 2018, 09:07:42 AM
 #226

although I still have crypto though not how. but I will continue to hunt and gather it. to achieve my dream to go to a bright future .because I want to prove to everyone. especially people still do not believe the bitcoin digital world. it's really a very lucrative business field. and promise .

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Biastar
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March 08, 2018, 09:09:11 AM
 #227

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.

You should be the one to decide on how to deal with your assets, in this case, crypto.
If you ask me, I'll just let it stand, wait for prices to come up. Given that this is a good coin - ok?
Trading is just to risky for me in my opinion. Cause a know a little, next to nothing about it.
So if you are clever enough and experienced, you can join trading. but for me I'll just hold it.
pekavcilar01
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March 08, 2018, 09:15:02 AM
 #228

I keep some of the coins in my hands for investment purposes.

I'm buying and selling with Eth.

The prices are so low, I've hurt. We'll wait and see.
Manuj
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March 08, 2018, 09:19:28 AM
 #229

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.

Your preference perfectly suits your circumstances right now. It is actually difficult to day trade if you are still a newbie. Hodling is the much better option for you. But of course you should not just be contented with pure holding if you are really interested to learn day trading. You have to study it and try it. Sooner, when you already acquired the necessary skills, you will be earning more through active trading.
SHAWN-MIDWAYS
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March 08, 2018, 09:20:27 AM
 #230

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.
Hodling is on most cards for everyone which comes natuarally for using cryptos. But I use my coins in many different ways use it for everyday transactions like mobile credit, grocery and other necessities, then being crypto I use it to reinvest by purchasing tokens from ICOs and sometimes I day trade depending on how the market is performing.
fabrizoc
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March 08, 2018, 09:31:34 AM
 #231

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.
Yes, you can find it out by trying everything such as trading, mining and investing. The one that suits you the best must be your choice. In my opinion, we never learn until we lose some of the amount while trying to do different stuffs. Once we lose some amount, we next time be more careful and do research and analysis before taking any decision in the world of crypto market. If you are much of a risk taker, you can do day tradings. Just remember, whatever you do, patience is the key to success and profit.

supercanada1
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March 08, 2018, 07:47:53 PM
 #232

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.
This is also one of the major advantages of investing in more than one coins because its not a downfall of all the coins at a time, so you always get a room to trade somewhere in the green market. But still when with the bitcoin, the red market is not that much to worry about because in the end, you always get the profit because the originality of bitcoin is not challenged yet. There are issues in some of the altcoins so before you iest in any of them, make sure that you are not being trapped.
Shogun1011
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March 08, 2018, 09:18:31 PM
 #233

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.
Yes, you can find it out by trying everything such as trading, mining and investing. The one that suits you the best must be your choice. In my opinion, we never learn until we lose some of the amount while trying to do different stuffs. Once we lose some amount, we next time be more careful and do research and analysis before taking any decision in the world of crypto market. If you are much of a risk taker, you can do day tradings. Just remember, whatever you do, patience is the key to success and profit.

Very wise words... patience is the key to success and profit.  I like to think about the stories I've heard where people bought bitcoin a long time ago, forgot about it for many years and/or didn't pay attention to the market, and then cashed out when bitcoin hit the news and was surging.  The people that made out in the end were the ones that just let the market do it's thing and grow.  They didn't freak out when the market dipped...becuase they didn't know about it.  They just Hodl and the market naturally appreciated.

I've purchased tokens that I expect to hold onto for years to come.  Lol...probably because I can't stand the emotional stress of day trading (haha)
rmel0924
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March 08, 2018, 09:40:58 PM
 #234

For me I will invest it in a reputable investment firm,  some of it will go to trade becausw of it hits huge profit can be obtain. Its best to make a business in any areas.
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March 08, 2018, 09:46:05 PM
 #235

What I do with my crypto is holding it and trading it. I don't have any use for it as of now. I don't intend to use them for purchasing but I have plan of buying more of it with my own fiat.

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aardvark15
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March 08, 2018, 10:06:06 PM
 #236

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 used to trade a lot but I have found that much of the time it’s just as good to hold. Also with new tax laws, there is a lot of book keeping that is supposed to be done to track all of the trades and to me I don’t think it’s worth it.

Life is much simpler to just hold for a few years and then cash out for a decent profit. We are getting in early enough that we can see big profits from holding.
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March 08, 2018, 10:11:20 PM
 #237

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 used to trade a lot but I have found that much of the time it’s just as good to hold. Also with new tax laws, there is a lot of book keeping that is supposed to be done to track all of the trades and to me I don’t think it’s worth it.

Life is much simpler to just hold for a few years and then cash out for a decent profit. We are getting in early enough that we can see big profits from holding.

You aren't kidding with all the bookkeeping work.  I have a couple clients that are heavy into crypto investing (I'm an accountant), and even with my knowledge of accounting, it's still tough to keep up with all the trade conversions when these guys are super actively trading.
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March 08, 2018, 10:16:35 PM
 #238

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 personally cash out a percentage of what I get from the crypto market.I invest in some new coins and hold those who think that have a great future.  Smiley

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March 08, 2018, 10:17:30 PM
 #239

In my case i'm holding it because some of my crypto coins has no value yet. I mostly got my coins from airdrops and bounties.  I used to day trade some of my coins that I have on exchange markets but because of the red market today,  I'm not on trading now,  I just keep and hold my coins and just wait for it to moon.

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March 08, 2018, 10:39:52 PM
 #240

I do holding with my crypto and always do the right way to gain good profit,i always monitor my portfolio how cryptocurrency going on and do a lot of bounty to earn more cryptocurrency with the right and legitimate ICO.
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