Could use an advice 2BTC/Month

[CurbsideProphet]

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

Depends on your situation and your appetite for risk.  If you don't need the money and aren't afraid of risk, hold all of it.  If you don't need the money and are okay with some risk, sell 1 BTC, save 1 BTC.  If you hate risk, sell every month.

[Gyfts]

BTC would be the best. They'll rise despite the recent falls.

[lyth0s]

Horde your BTC, keep some in a cold wallet and some in a hot wallet. Trade altcoins if you're also looking to take some risks with possibility of high reward. I would suggest also holding some litcoins and dogecoins. Litecoins due to the 2 minute blocks and good support, dogecoin due to the huge support in the computer geek/social media, I believe dogecoin users actually do a pretty damn good job of promoting their coin.

[gilad215]

Horde your BTC, keep some in a cold wallet and some in a hot wallet. Trade altcoins if you're also looking to take some risks with possibility of high reward. I would suggest also holding some litcoins and dogecoins. Litecoins due to the 2 minute blocks and good support, dogecoin due to the huge support in the computer geek/social media, I believe dogecoin users actually do a pretty damn good job of promoting their coin.

Why should i care about the 2 minute blocks or the support? keeping them now and selling them later when their value is higher that is what i'm looking for.
porbable ill keep BTC as is, with some exchanges to VTC.

[CryptoBaron]

Somewhat hedge yourself. If your producing 2 BTC monthly throw one in cold storage to grow in value then cashout/invest portions of the other in different alt coins or to increase your current hash rate and keep growing!

[DeboraMeeks]

Just stack them up, if I was making that much I would gamble aswell ahahah

[_Miracle]

Spend some, keep some, invest some in other things and use some to take a really nice vacation.

[johny08]

spread your money into different, at least 4 positions, but not immediately. to find the right ones you can take time like 3 - 6 months. go for at least 20% a year.

keep a quarter to a half in dollar:
bitfinex offering dollar swaps 20% a year. insured obligations. 100% secure or better go for

https://bitcoin-trader.biz/?ref=johny08 offer 15 % a month(!) trading shares and they are secure. Trading history for over half a year and sponsor of big bitcoin events. investing and absolutely no work for you.

keep a quarter in bitcoin cash

and go for a half for altcoins or what ever risky, less risky...., mining.

Avoid more or less cryptostocks or havelockinvestments thats more or less money buffet for amateur scammers, but you can find there also pearls. but however very very risky and has to be monitored almost every day.

[r34tr783tr78]

I don't know nothing for shore about the future price, but with the present data (mainly, the breach of the 380 support on bitstamp and a major lower low at 339) and fundamental terms (serious problems on China; risk of sell pressure from the liquidation of Gox), it's much riskier to keep bitcoins than to sell them.

In doubt, you can always sell only a part of them.

On alt coins, with few exceptions, most of them rise more than bitcoin in good times and drop more than bitcoin when bitcoin drops, therefore, they are even riskier than bitcoin.

[HCLivess]

hypertrade altcoins with C.A.T.

[FFrost]

Keep them or gamble or invest in a business

[Ron~Popeil]

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

Storing them offline is the most secure. Exchanges can be hacked. A paper wallet cannot. 

[hulk]

Keep them or gamble or invest in a business

Gamble and invest sucks, never get anything back from them especially invest (always gone in a poof).

[Shallow]

Probably wise to just buckle in and hold for the long term is money is not an issue for you and probably avoid holding the bag on alt coins for too long cause they generally always come crashing down.

[ranlo]

Keep them or gamble or invest in a business

Gamble and invest sucks, never get anything back from them especially invest (always gone in a poof).

Investing is the smart thing to do, but you have to be careful. If you've had a lot of issues with investments, you probably shouldn't be investing in the first place. Far too many people around here are throwing money at anything and everything in the hopes it will make money. If real investors did that they would be broke.

I'm extremely careful with where I put money at, and I've had a 100% success rate across every investment I've made. It's called due diligence. If one does happen to tank, that's why you do risk management and spread out your portfolio.

[serenitys]

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

May 27 - $573

So yes, if you held onto them, they've made you a bit of profit. If you took the advice of the one posting next after your OP, that money is likely gone.

It will fluctuate up and down but it's steadily rising...you'd be crazy to not "hodl" your btc.

Will revisit in June to see where we are then!

[Philly]

Start putting a small chunk like 20% or so in smaller coins (and do some daytrading), but only if you have the time. Do some research on coins and find good entries. Subsequently, find good exits . You can get very good results from that, 1 big hit on .5 btc investment is enough to put the initial investment to the side again and start trading solely with the profits you made.

For long term only thing I hold is BTC

[onlyu]

If you want to keep btc, then invest it in just-dice.

[ranlo]

If you want to keep btc, then invest it in just-dice.

Peerbet would have made a much better investment in the short-term. They had a 20 BTC or so profit in a day or two and only had 300 BTC invested (that's basically 10% in a day or two).

[keithers]

I suggest that you just hold onto the coins that you are hearing each month by mining as well. The whole reason you got into it in the first place was to hopefully make btc, and in turn make long term money (I am assuming). You should stick to the original plan. Day trading will probably list you money, especially if you are just going to trade at random and hope to get lucky...