BigMac
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Activity: 896
Merit: 1000
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April 30, 2014, 12:37:10 PM |
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yeah i m not so sure about that, moreover paper wallet can be lost/ stolen easily to someone who knows the value of it
You can make backups to paper wallet (just print a few copies) and put them in different secure places. Also, paper wallet can be password-protected with BIP0038 ( https://github.com/bitcoin/bips/blob/master/bip-0038.mediawiki) |
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mighty jol
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Activity: 98
Merit: 10
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April 30, 2014, 12:46:53 PM |
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ok i didn't know you could protect them with passwords (mybad there)
well then it seems to be a pretty good conservative solution if you have no idea what to do with your bitcoins.
But only for 0.2?
If you want to go into this then buy a bit more of it, let's say enough to have a full btc might be a good idea (because even if it rises 100% on 0.2 you're not going to see a big difference and considering the time you woud have to wait: not a good investment)
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BigMac
Legendary
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Activity: 896
Merit: 1000
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April 30, 2014, 12:55:43 PM |
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If you want to go into this then buy a bit more of it, let's say enough to have a full btc might be a good idea (because even if it rises 100% on 0.2 you're not going to see a big difference and considering the time you woud have to wait: not a good investment)
True, and indeed I do suggest people to buy bitcoin and take it as a long-tern investment (at least hold it for years). Of course, you should diversify your investment, and not to risk all your life saving into bitcoin. |
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3192a712e2fc58159499bc082
Newbie
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Activity: 3
Merit: 0
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April 30, 2014, 03:34:09 PM |
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Sell it on ebay in fractions of 0.01. You'll make enough money to buy at least 0.6 BTC. Buy the 0.6 BTC and repeat the process until you can buy a profitable small company. Buy the profitable small company and save the profits to buy a bigger one. Buy a bigger company when you can and enjoy the big profits. Buy yourself an island in the middle of the Pacific Ocean and enjoy the rest of your life away of any problems. Good luck in your journey!  |
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mighty jol
Member
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Activity: 98
Merit: 10
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April 30, 2014, 03:43:37 PM |
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wait how does that even work XD?
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Malin Keshar
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April 30, 2014, 04:29:22 PM |
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options:
buy doges with them and spen in donations and giveaways
buy etherum or NXT or some alcoin, transfer to some offline wallet and dig it deep for years
use to finance something you wanna do. The 0.2 btc is enough to cover the costs of a website, for exemple.
buy things to resell
day trade it
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cookiemonsterwhat
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April 30, 2014, 06:39:28 PM |
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Just hold that amount for now.
And buy more as you feel seem fit. Its a matter of gambling with it, but dont do it careless if you cant afford that loss.
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E.exchanger
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April 30, 2014, 07:19:09 PM |
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hello, I am a total beginner. I have in my wallet 0.20247 bitcoins. My question is what should I do with them these days (excluding from saving it for years)?
Should I buy other digital currencies?
Should I invest in funds? if so which ones?
Should I donate?
Should I play with it in a stock market?
Any suggestion or comment would be appreciated.
thanks.
Add few more coins to your balance and i will make a new coin for you !!! |
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Nik1ab
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April 30, 2014, 07:22:00 PM |
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Donate it to the poor.
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No signature ad here, because their conditions have become annoying.
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blacksails
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April 30, 2014, 08:10:20 PM |
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hello, I am a total beginner. I have in my wallet 0.20247 bitcoins. My question is what should I do with them these days (excluding from saving it for years)?
Should I buy other digital currencies?
Should I invest in funds? if so which ones?
Should I donate?
Should I play with it in a stock market?
Any suggestion or comment would be appreciated.
thanks.
Add few more coins to your balance and i will make a new coin for you !!! How do you mean you will make a new coin for him/her? A new alt-coin or create a Bitcoin out of thin air (which is not possible anyway)? |
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nabeton
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May 01, 2014, 04:49:28 PM |
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Invest in me, but I warn you, only thing you'll get is joy for making me happy. But sometime even a good feeling can be priceless. PM me if you want piece of joy, i'll sent you my address |
EARN BTC UPLOADING & SHARING VIDEOS AT: Vidoza, Clipwatching, Cloudvideo, Gounlimited, Mixloads, Onlystream, Upstream, Uqload, Vev, Videobin, Vidia, Vidlox, Vidoza, Vidtodo, Vidup, Vshare |
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bitmaster111
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May 01, 2014, 05:18:52 PM |
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invest and make it more  and increase with time of worth than hold it wait for right time |
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Lamigo
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May 01, 2014, 05:58:24 PM |
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Sell it on ebay in fractions of 0.01. You'll make enough money to buy at least 0.6 BTC. Buy the 0.6 BTC and repeat the process until you can buy a profitable small company. Buy the profitable small company and save the profits to buy a bigger one. Buy a bigger company when you can and enjoy the big profits. Buy yourself an island in the middle of the Pacific Ocean and enjoy the rest of your life away of any problems. Good luck in your journey! You will very likely be scammed if you sell bitcoin on eBay. |
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Lamigo
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May 01, 2014, 06:00:14 PM |
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hello, I am a total beginner. I have in my wallet 0.20247 bitcoins. My question is what should I do with them these days (excluding from saving it for years)?
Should I buy other digital currencies?
Should I invest in funds? if so which ones?
Should I donate?
Should I play with it in a stock market?
Any suggestion or comment would be appreciated.
thanks.
Add few more coins to your balance and i will make a new coin for you !!! How do you mean you will make a new coin for him/her? A new alt-coin or create a Bitcoin out of thin air (which is not possible anyway)? I believe he was talking about creating a new altcoin for OP. FYR: https://bitcointalk.org/index.php?topic=585967.0 |
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jodybay
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May 01, 2014, 07:45:03 PM |
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Sell it on ebay in fractions of 0.01. You'll make enough money to buy at least 0.6 BTC. Buy the 0.6 BTC and repeat the process until you can buy a profitable small company. Buy the profitable small company and save the profits to buy a bigger one. Buy a bigger company when you can and enjoy the big profits. Buy yourself an island in the middle of the Pacific Ocean and enjoy the rest of your life away of any problems. Good luck in your journey! You will very likely be scammed if you sell bitcoin on eBay. not only get scammed but ebay will banned him also as they are not accepting btc |
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PRIMEDICE The Premier Bitcoin Gambling Experience - PRIMEDICE 3 COMING 9TH AUGUST @PrimeDice
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sailsh-sea
Newbie
Offline
Activity: 10
Merit: 0
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May 03, 2014, 05:48:24 AM |
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hello, I am a total beginner. I have in my wallet 0.20247 bitcoins. My question is what should I do with them these days (excluding from saving it for years)?
Should I buy other digital currencies?
Should I invest in funds? if so which ones?
Should I donate?
Should I play with it in a stock market?
Any suggestion or comment would be appreciated.
thanks.
First off, do some research and decide for yourself. If you're not inclined to do that you are best off just holding the BTC. If you are somewhat tolerant of risk and want to spend time and effort learning about other digital currencies I suggest you open an account on Mintpal or Cryptsy in order to speculate on different alt coins. |
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gondel
Legendary
Offline
Activity: 1946
Merit: 1005
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May 03, 2014, 08:20:56 AM |
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You can come to my hair salon for kids and make a birthday party for your kid We are accepting Bitcoins and opening at 10th of may www.veselbalon.comBR, Gondel |
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edutBTC
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May 03, 2014, 05:05:24 PM |
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r1973 you can donate to someone who needs it
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r1973 (OP)
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May 03, 2014, 05:15:48 PM |
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r1973 you can donate to someone who needs it
I will once the btc will reach about 1000USD to cover my losses |
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tspacepilot
Legendary
Offline
Activity: 1456
Merit: 1078
I may write code in exchange for bitcoins.
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May 05, 2014, 05:58:44 AM |
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hello, I am a total beginner. I have in my wallet 0.20247 bitcoins. My question is what should I do with them these days (excluding from saving it for years)?
Should I buy other digital currencies?
Should I invest in funds? if so which ones?
Should I donate?
Should I play with it in a stock market?
Any suggestion or comment would be appreciated.
thanks.
How did you get these? It's not a totally small amount of money at today's prices. What you do with it really depends on your interests. |
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