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Author Topic: What should i do after buying bitcoin  (Read 1565 times)
logicgate
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April 17, 2018, 07:48:42 PM
 #381

Well 20$ is only a small amount but you can make it big someday. Just hold it for long term even it is so small. Who knows? Maybe your 20$ can become thousands or more. Just be patient and it will grow.
You should make plans and list your priorities. If you want to be the next billionaire, you should invest for long term. This is because; a steady rise in the prices is often followed by a sudden sharp rise. In few years, the worth increases many times. So you shold hold them till the time the value of the coins are high enough to meet your intended level of income. The short term investment is hell lot of different and requires you to hold the coins for few days to weeks.
The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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xvids
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April 17, 2018, 07:51:32 PM
 #382

You just have to hold it and keep it safe,
And continue to invest or buy some more to gain more profit in the future once the price starts on pumping up.

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April 17, 2018, 08:01:25 PM
 #383

Depends on your goal , man. When you are looking for profit you just need to hold it untill price would be good at your opinion. In other cases you should think by yourself.
vnck25
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April 17, 2018, 08:06:34 PM
 #384

$20 is not much. I recommend you to open a coinbase account and keep it there. Since you don't have much there is no need to worry about keeping your coins in a wallet that belongs to an exchange. Furthermore on the upside if you ever want to sell it you could use coinbase sell option to sell and directly deposit that amount in your bank. If you are technically savvy and want to save on the fees charged, connect your coinbase to GDAX and sell over at GDAX without ANY fees! Rember you still have to pay taxes on your capital gains.
Dread Pirate Roberts
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April 17, 2018, 08:09:42 PM
 #385

I have some suggestions you can do. if your capital is 20 usd. You can invest in ico that you consider very potential. but you have to know first what coin ico you invest. and also participate in presale. not when all distributions are shared. the 2nd way. trading coin that has a small value and potential will rise. it is 2 tips to get more value usd from 20 usd. every way has a risk.
Bananakievua
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April 17, 2018, 09:21:50 PM
 #386

I would advise you to study all the news, both positive and negative, read the forum for understanding the situation, just look at the news of other currencies and their companies, you can learn a lot about the companies of their news activities and this affects the news these days, so the market works I studied,
it is important to look at the dynamics is also important, I follow the dynamics in this forum
VIC-btcforum
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April 17, 2018, 09:29:45 PM
 #387

it s not worth spending it because it is a really small amount. keep it in a wallet
qtronix
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April 17, 2018, 11:14:22 PM
 #388

It is very small. Continue to save money and buy bitcoins for them. While the price is still low.
bitvelk
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April 17, 2018, 11:23:58 PM
 #389

Organize proper, secure storage for your bitcoin and keep improving your results. Increase your capital.

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nethan1btc
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April 17, 2018, 11:24:05 PM
 #390

I have 20$ of bitcoin. What should i do with it instead of spending all.Tell me Pls. Cheesy

Actually mate, that amount will increase in the future as you invested in bitcoin or other crypto currency as you believe have a potential. Well, honestly that anount is too small as you want to invest. Basically, if you want a great amount of profit you must also a great amount of investment which make sense to have a great profit. I believe on what I've been investes would have a great return in the future as you will set your investment for the long term and hold as much as possible for the long perion of time.
lyndon30
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April 18, 2018, 02:38:57 AM
 #391

The best thing to do right after investing to bitcoin is to hold especially at times like this where as it's market price is falling or low, Eventually, It will increase and will become more expensive and by that time you will earn huge profit. Then buy bitcoin again and place it on a safe wallet or something like that to keep you savings, Reminder, Make sure you do some research before investing.
Aldrinx00
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April 18, 2018, 05:08:51 AM
 #392

I think you just have to hold it and wait for the bitcoin price to reach at least $50k, you can also try to save some fiat then buy bitcoin to increase your holdings. I don't think you can profit that much with $20 in a short amount of time.

Batang Hambog
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April 18, 2018, 05:11:18 AM
 #393

I have 20$ of bitcoin. What should i do with it instead of spending all.Tell me Pls. Cheesy
Using it for trade is not an option, and as of right now, since we don't have to many merchants using it, I don't think there is any reason to spend it. If I were you, I would just keep those coins in a desktop wallet and leave it there. If you can keep investing some more. Since the fees are low again, it's affordable to buy small amounts on an exchange and send it to a wallet.
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