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Author Topic: Reinvest or "cashout" profit from AsicMiner dividends?  (Read 878 times)
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June 12, 2013, 09:19:35 PM
 #1

Which do you prefer?
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fishy
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June 12, 2013, 09:20:50 PM
 #2

Which do you prefer?

Are they high paying, and are they on cryptostocks?
Profitability?  I'm thinking about inv3esting.

I would reinvest.  Smiley

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grim84
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June 13, 2013, 12:26:40 AM
 #3

I would reinvest in a different thing, to reduce the risk
ArcticWolf
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June 13, 2013, 12:30:45 AM
 #4

Spreading your investments is always a good idea, or take out a CD at coinlenders

https://www.crypto-trade.com/ref/arcticwolf Try CryptoTrade.com, a new exchange for trading Currencies and Securities
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June 13, 2013, 11:53:06 AM
 #5

Btw ArcticWolf, can i ask you what the CD@Coinlenders means? I am at Coinlenders.com and i see "lending". What exactly is CD?
If you "buy" a CD, you are leaving your Bitcoin for a fixed interest rate and a fixed amount of time on coinlenders.
So you cannot withdraw them until the CD ends, but you will receive a bit more interest for them (unless Tradefortress increases his rates).

On topic: It takes quite long to have enough Coins to reinvest them, if you only have a few shares.
You could reinvest in TAT.Asicminer , but usually they are less effective (higher price for less payout).

Atm I increase my quite low cold wallet/paper wallet stack with the payouts, because I think I have too less Bitcoins safe in there.
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June 13, 2013, 10:48:05 PM
 #6

Ok thanks for the good tips Birdy.

I was wondering also, is anyone of you using an "offline" Android phone to store Bitcoins? How safe is that in terms of others not being able to "get them" and in terms of storing Bitcoins for years? (let's say you don't use a phone for 5 years)

Waste of a good phone...

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SpaceCaptainKangaroo
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June 14, 2013, 05:54:51 AM
 #7

I might recommend reinvesting ASICMINER-PT dividends into TAT.ASICMINER.
ArcticWolf
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June 14, 2013, 07:39:37 AM
 #8

TAT.ASICminer is a good idea because you can buy microshares with your dividends and then when you have 100 microshares you can email TAT and ask for a full share (not sure if he still does this).

https://www.crypto-trade.com/ref/arcticwolf Try CryptoTrade.com, a new exchange for trading Currencies and Securities
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June 14, 2013, 10:19:03 AM
 #9

cashout immediately.

Why you need this - atleast it's better when need it only ... no one will steal it.
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June 14, 2013, 01:16:35 PM
 #10

Does Butterfly Labs intend to bring in shares too? Was there any talk of this?
Not really sure. Probably they'll consider it.

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June 14, 2013, 08:08:28 PM
 #11

I personally like to reinvest and have a cash out value around 3.2 per share
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June 14, 2013, 11:20:48 PM
 #12

REINVEST!!!
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