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Author Topic: What should I do with over $4-5 worth in BTC?  (Read 6103 times)
mustang77
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July 29, 2014, 03:17:26 PM
 #41

Save them and cash out a decade from now.
jjc326
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July 29, 2014, 03:44:08 PM
 #42

If it's such a little amount that I means nothing to you, store in an offline wallet and just keep for years and see what happens. 

Or if you don't want that hassle put it on a 10-1 long shot on some gambling website.  Or donate it to a charity.
foulowl
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July 30, 2014, 01:28:25 AM
 #43

I would suggest having some fun with it. Try trading with it and see if you can't increase it exponentially. Or gamble.
CodyAlfaridzi
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July 30, 2014, 03:15:00 AM
 #44

1. HODL!
2. Trade to altcoin
3. Gamble
4. Invest them on Paidverts Cheesy recently they're accepting BTC for payment.
X11_FPGA
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July 30, 2014, 10:39:41 AM
 #45

satoshidice.com
ranochigo
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July 30, 2014, 12:18:40 PM
 #46

satoshidice.com
Satoshidice requires at least 0.01, minusing the transaction fees. Bitcoin is worth about $600, 0.01 is $6 which would not be the minimum amount. Their house edge is also very big, so that gamblers might not win as much as lower house edge games.

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ensurance982
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July 30, 2014, 12:52:03 PM
 #47

I'd just keep it safe and put it in a paper wallet! Much safer! The risk of falling for a scam is just too high, still!

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KloseT
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July 30, 2014, 12:58:30 PM
 #48

satoshidice.com
Satoshidice requires at least 0.01, minusing the transaction fees. Bitcoin is worth about $600, 0.01 is $6 which would not be the minimum amount. Their house edge is also very big, so that gamblers might not win as much as lower house edge games.

don't gamble the money no matter what anyone says

if if took a long time to earn it, it will take a long time to earn it back Cheesy
lordscales91 (OP)
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July 30, 2014, 07:09:34 PM
 #49


As for what to do with them, purchasing a game bundle might be worthwhile since you'll at least get some hours of enjoyment from them.  You could always go the gambling route, too.  Be aware, though, that you spent months trying to accumulate that coin.  Hopefully you can get some months of enjoyment back Smiley
Yeah, I purchased Mini Ninjas, along with other 3 games that may be good on the bundle, and it's awesome I will enjoy it. So the best option is to HODL them until another good Humble Bundle shows up XD. It will be worth, at least for me   Smiley
ensurance982
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July 30, 2014, 07:14:49 PM
 #50


As for what to do with them, purchasing a game bundle might be worthwhile since you'll at least get some hours of enjoyment from them.  You could always go the gambling route, too.  Be aware, though, that you spent months trying to accumulate that coin.  Hopefully you can get some months of enjoyment back Smiley
Yeah, I purchased Mini Ninjas, along with other 3 games that may be good on the bundle, and it's awesome I will enjoy it. So the best option is to HODL them until another good Humble Bundle shows up XD. It will be worth, at least for me   Smiley


Hey, that's a completely different take on the situation than everyone else! You are actually proposing buying something that makes fun with the bitcoins rather than investing them somewhere! Kudos! Good thinking!

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Tammy Chan
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July 30, 2014, 09:00:37 PM
 #51


As for what to do with them, purchasing a game bundle might be worthwhile since you'll at least get some hours of enjoyment from them.  You could always go the gambling route, too.  Be aware, though, that you spent months trying to accumulate that coin.  Hopefully you can get some months of enjoyment back Smiley
Yeah, I purchased Mini Ninjas, along with other 3 games that may be good on the bundle, and it's awesome I will enjoy it. So the best option is to HODL them until another good Humble Bundle shows up XD. It will be worth, at least for me   Smiley


Hey, that's a completely different take on the situation than everyone else! You are actually proposing buying something that makes fun with the bitcoins rather than investing them somewhere! Kudos! Good thinking!

And it is indeed a very good idea.
Investing with that $5 won't give you much profit, but using it to buy some games could bring you days and weeks of fun. Cheesy


SRG
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July 30, 2014, 09:51:11 PM
 #52

Goof around with them to learn about sending, receiving and storing bitcoins.  Work to add to your stash!  Gamble some if that's your thing.  One of the nice things about bitcoin is that you can gamble microscopic amounts of money!
DjPxH
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July 30, 2014, 09:55:30 PM
 #53

I'd advise everyone new to Bitcoin to just put their BTC into cold storage, on a nice paper wallet and watch it grow. Of course they can take some part of it in order to get to know Bitcoin and play around, but your 'big' stash should be in cold storage, unless you exactly know what you're doing!

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PRIMEDICE
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ranochigo
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July 31, 2014, 11:35:31 AM
 #54

Goof around with them to learn about sending, receiving and storing bitcoins.  Work to add to your stash!  Gamble some if that's your thing.  One of the nice things about bitcoin is that you can gamble microscopic amounts of money!
Only if you can accept the fact that you can lose everything, you can gamble. People either get addicted to gambling or just thought they can win more and bet more, losing all in the end. In the long run, you would most likely lose all.

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BitcoinMillionaire
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July 31, 2014, 01:32:22 PM
 #55

Goof around with them to learn about sending, receiving and storing bitcoins.  Work to add to your stash!  Gamble some if that's your thing.  One of the nice things about bitcoin is that you can gamble microscopic amounts of money!
Only if you can accept the fact that you can lose everything, you can gamble. People either get addicted to gambling or just thought they can win more and bet more, losing all in the end. In the long run, you would most likely lose all.

Yeah it's a war against mathematics that you just can't win. They have a house edge, meaning the longer you play the more probable it is that you lose! It's like in school! Have you ever won anything in maths classes? Haha!

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August 01, 2014, 08:18:03 AM
 #56

Goof around with them to learn about sending, receiving and storing bitcoins.  Work to add to your stash!  Gamble some if that's your thing.  One of the nice things about bitcoin is that you can gamble microscopic amounts of money!
Only if you can accept the fact that you can lose everything, you can gamble. People either get addicted to gambling or just thought they can win more and bet more, losing all in the end. In the long run, you would most likely lose all.

Yeah it's a war against mathematics that you just can't win. They have a house edge, meaning the longer you play the more probable it is that you lose! It's like in school! Have you ever won anything in maths classes? Haha!

Very true.
In the long run, the house always win and the gamblers always lose. But hey gambling is fun lol. Cheesy

lynn_402
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August 01, 2014, 04:00:05 PM
 #57

You could try trading altcoins for fun, and maybe manage to transform that amount into something bigger.
giveBTCpls
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August 01, 2014, 04:10:48 PM
 #58

Ok here's another idea. Get these little BTC in an exchange and buy some really really really low altcoin and hope it takes off, then cash out in BTC. Repeat this step until you have enough BTC to secure moon status in 10 years.

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August 02, 2014, 09:34:11 AM
 #59

Very true.
In the long run, the house always win and the gamblers always lose. But hey gambling is fun lol. Cheesy

In the long run................ we are all dead.  Smiley
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August 02, 2014, 09:38:27 AM
 #60

Spend them in my shop. That's what i would do obviously  Grin

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