Could use an advice 2BTC/Month

[gilad215]

Hey guys, currently with my hashing power i'm making 2 btc each month.
the question is what would you do with those 2 btc? my mining is not my main income so i don't mind saving my bitcoins on the side for now.

do you think btc will go above 450-500$? I mean way above
would you buy VTC with them? cause i heard they will worth a lot a year from now.

or should i just change them to money? what would you do?

thank you

[1715160912]

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[1715160912]

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[@ThisWeeksCoin]

You'd better be investing in cryptos.

VTC has a bring future ahead. It's not a bad idea to invest, if you're going for long-term.

[gagalady]

I would keep BTC , because If they'll start rising I know that they will rise alot.

[monsterbitty]

Use that money to invest in other business and gain money. Trade in cryptocurrencies and gain btc. When time comes, your btc also gets profitable.

[gilad215]

I would keep BTC , because If they'll start rising I know that they will rise alot.

how do you know? people told me that chinese banks has a lot to do with it but even after they calmed us down the BTC rised to 600$ but then went down again.
i don't know all the facts ill be happy to hear.

[crazyoddman]

I would keep BTC , because If they'll start rising I know that they will rise alot.

how do you know? people told me that chinese banks has a lot to do with it but even after they calmed us down the BTC rised to 600$ but then went down again.
i don't know all the facts ill be happy to hear.

You can never know that is why it is called speculation. The BTC is still not widely used and as more and more merchants accept, it will boom(likely), so this may not happen now or in the next year(It still may ) but at some point , a BTC may be worth way much than it is now

[gilad215]

You'd better be investing in cryptos.

VTC has a bring future ahead. It's not a bad idea to invest, if you're going for long-term.

in which crypros would you invest? for short-term and long-term?

[faiza1990]

You'd better be investing in cryptos.

VTC has a bring future ahead. It's not a bad idea to invest, if you're going for long-term.

in which crypros would you invest? for short-term and long-term?

If you like then invest in Doge and Litecoin its better and good investment right now

[PhoneBloks]

Hey guys, currently with my hashing power i'm making 2 btc each month.
the question is what would you do with those 2 btc? my mining is not my main income so i don't mind saving my bitcoins on the side for now.

do you think btc will go above 450-500$? I mean way above
would you buy VTC with them? cause i heard they will worth a lot a year from now.

or should i just change them to money? what would you do?

thank you

Pretty nice income may I ask what you mine and what is your mining equipment ?

[gilad215]

Pretty nice income may I ask what you mine and what is your mining equipment ?

12x 280x
3x 290

Mining XPM

You'd better be investing in cryptos.

VTC has a bring future ahead. It's not a bad idea to invest, if you're going for long-term.

in which crypros would you invest? for short-term and long-term?

If you like then invest in Doge and Litecoin its better and good investment right now

Can you explain why? i remember doge was above 0.00002btc now its way down, why will it go back up. ltc the same.
i don't know how to read the map of values of the cryptos i'm afraid to lose my btc on shitty coins that will collapse.

[beatljuice]

I would hold most of it, but find places to spend it too. The way the Bitcoin economy will grow is when it's used. If you need a part for your computer use TigerDirect, if you're going out to eat find a nearby restaurant that accepts Bitcoin, donate some to charities that you like. And if your favorite charity or business doesn't accept it, ask them to.

I think Bitcoin will dominate. At least for the next few years - especially if side-chains are integrated.

[durrrr]

I would hold most of it, but find places to spend it too. The way the Bitcoin economy will grow is when it's used. If you need a part for your computer use TigerDirect, if you're going out to eat find a nearby restaurant that accepts Bitcoin, donate some to charities that you like. And if your favorite charity or business doesn't accept it, ask them to.

I think Bitcoin will dominate. At least for the next few years - especially if side-chains are integrated.

If anyone has heard there is a new debit card coming by the end of june that will allow us to instantly turn bitcoin to cash and pay on the spot for something in bitcoin anywhere. buy gas, shoes, watches, pay your mortgage. whatever it may be. so cool

[GaryL]

Maybe you can just hold it for about one or two years ?

[rudius]

I would keep BTC , because If they'll start rising I know that they will rise alot.

Looking at past bubbles, altcoins have risen a lot more than BTC. The best way to handle that is to diversify as always. Handpick them. VTC is one of them, there are others.

[Sindelar1938]

Keep them, diversify in small, but btc should be core holding

[STT]

If anyone has heard there is a new debit card coming by the end of june that will allow us to instantly turn bitcoin to cash and pay on the spot for something in bitcoin anywhere. buy gas, shoes, watches, pay your mortgage. whatever it may be. so cool

Theres a credit card for gold that does that.   You hold in bullion and only switch to cash just before payment, but that is for the big spenders I think and also usa tax laws prohibit use of gold without taxes .

They are trying to do the same thing with btc to keep power with fed and their qe I guess.


On alt coins I like blackcoin as its coins are now capped, its almost instant payment and the network upkeep is very low which should allow greater participation/distribution by just about anybody vs the bitcoin experience where most blocks are formed at just 100 locations?    Who knows which coins will do best, as every good idea must be tested by the worst and best elements of society before we can know if its truely useful and durable.  I'd have at least some in that, never all in one thing.

The basic scrypt coins are going to pivot on the new asic scrypt available for them which depends on your view if this is positive or not.   If it lowers costs of the network and improves security from  exploitation then I guess coin value should rise.      Doge is mostly about involving large amounts of people, its just a copy of ltc otherwise.   I dont see the average reddit user buying special asic for it so they will effectively be paying farms and asic developers for their work.   I wont keep any of that.
VTC goes the opposite way and its difficult to mine, Im not holding it especially but I dont know about work done by the devs either

[bryant.coleman]

I'd strongly advice you to hold your coins. Store them in an offline wallet and make multiple backups.  Don't invest in any cryptos like Dogecoin, you will lose all your money in those pump-and-dump types.

[Malin Keshar]

btc is excellent reserve, since the gov can't seize it and its history of big rises year after year, and you can pay, in some cases, directly with bitcoins

other options is trade in exchanges

[gilad215]

Thanks for the help guys

i will save my coins, the question is which coin would you save these times?

1.0 BTC vs 500 VTC vs other coin?

-----Also------

how secure is Cryptsy? i heard they store most of the wallets offline.
what cloud wallets+exchanges do you recommend

[cesmak]

Buy btc and keep them.