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Author Topic: What can I do with a small amount of BTC?  (Read 3277 times)
dothebeats
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March 06, 2015, 02:37:34 PM
 #41

Just wait for the opportunity that will be coming, sell high, buy low back and sell high again.
Profit that way, profit won't be higher, but at least you won't lose them all of a sudden like one can in altcoins.

Could you please explain how you can get to that conclusion that you could lose all of the $25-$50 in a altcoin? I have never lost nowhere near that amount and i have had a few terrible alt coin investments lol

Also trying to trade btc/usd with that amount is pointless you will spend most of it on fee's and that is if you manage to sell high buy low which sounds easy enough but not many can actually do it.

OP do whatever makes you happy i am sure you have many ideas here to choose from.

Inexperienced traders tend to end up burning themselves because of the lack of knowledge and experience in regards to trading altcoins. Also, not all people are like you who never lost $25-$50 to an altcoin. You must be super careful in terms of trading.

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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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AtheistAKASaneBrain
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March 06, 2015, 03:23:03 PM
 #42

Just wait for the opportunity that will be coming, sell high, buy low back and sell high again.
Profit that way, profit won't be higher, but at least you won't lose them all of a sudden like one can in altcoins.

Could you please explain how you can get to that conclusion that you could lose all of the $25-$50 in a altcoin? I have never lost nowhere near that amount and i have had a few terrible alt coin investments lol

Also trying to trade btc/usd with that amount is pointless you will spend most of it on fee's and that is if you manage to sell high buy low which sounds easy enough but not many can actually do it.

OP do whatever makes you happy i am sure you have many ideas here to choose from.

Inexperienced traders tend to end up burning themselves because of the lack of knowledge and experience in regards to trading altcoins. Also, not all people are like you who never lost $25-$50 to an altcoin. You must be super careful in terms of trading.
He must be lucky. I've lost 0.15 in altcoins and most of it was on MZC when it was supposed to go up. Since then i've stopped trying to get lucky with alt speculation.
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March 06, 2015, 03:43:14 PM
 #43

Saving that money for a future need seems to be the best option, plus the value will probably increase and then you'll have even more to spend.
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March 06, 2015, 04:17:47 PM
 #44

First of all If you want to be paid by your sig campaign; Update your signature, You've become Sr. member but still using Full Member signature Grin


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March 06, 2015, 04:18:52 PM
 #45

save until you get more than a small amount.

Then invest or create something to multiply your money
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March 06, 2015, 09:13:28 PM
 #46

I am going to get between $25-$50 worth of BTC in my signature campaign. I can't decide what to do with it. I could pick up a cheap miner, and mine the crap out of a new altcoin, I could offer loans, I could trade Altcoins, what should I do?

I suggest you to save your bitcoins and wait until enough to buy a house Smiley

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March 06, 2015, 09:20:07 PM
 #47

you are not gonna get some decent miner with that amount , you can buy altcoin woth it with a commision and thn sale it again for bitcoins for a commission , anyways its not that simple then it looks

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March 07, 2015, 04:48:08 PM
 #48


I am going to get between $25-$50 worth of BTC in my signature campaign. I can't decide what to do with it. I could pick up a cheap miner, and mine the crap out of a new altcoin, I could offer loans, I could trade Altcoins, what should I do?


You may just go to a dice game site and try to roll it over.

Small amount may become a large one soon.  Cheesy

Of course you'd only gamble the amount you afford to lose.
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March 07, 2015, 04:53:36 PM
 #49

Spend some (ever had a pizza for BTC?) and keep some  Cool

dothebeats
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March 07, 2015, 05:33:15 PM
 #50


I am going to get between $25-$50 worth of BTC in my signature campaign. I can't decide what to do with it. I could pick up a cheap miner, and mine the crap out of a new altcoin, I could offer loans, I could trade Altcoins, what should I do?


You may just go to a dice game site and try to roll it over.

Small amount may become a large one soon.  Cheesy

Of course you'd only gamble the amount you afford to lose.

Risky. Sure, any investment has its own risks, but this method of growing btc is by far the riskiest. i wouldn't recommend OP to gamble as the chances are high of getting burned in the end.

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elephantas1
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March 07, 2015, 07:13:15 PM
 #51


I am going to get between $25-$50 worth of BTC in my signature campaign. I can't decide what to do with it. I could pick up a cheap miner, and mine the crap out of a new altcoin, I could offer loans, I could trade Altcoins, what should I do?


You may just go to a dice game site and try to roll it over.

Small amount may become a large one soon.  Cheesy

Of course you'd only gamble the amount you afford to lose.
thats the worst money making option after all hyips and ponzies
KaChingCoinDev (OP)
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March 07, 2015, 08:15:23 PM
 #52


I am going to get between $25-$50 worth of BTC in my signature campaign. I can't decide what to do with it. I could pick up a cheap miner, and mine the crap out of a new altcoin, I could offer loans, I could trade Altcoins, what should I do?


You may just go to a dice game site and try to roll it over.

Small amount may become a large one soon.  Cheesy

Of course you'd only gamble the amount you afford to lose.

Gambling is NOT an option.
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March 07, 2015, 08:43:10 PM
 #53

It depends on your interests.  If you want to mine as a hobby, go for it (don't expect to make much).  If you like loaning others and watching your money grow (be sure you known how to loan the right people), go for it.  Don't gamble it unless you are perfectly fine with losing it all.  Otherwise, hodl! Smiley
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March 07, 2015, 09:10:21 PM
 #54

Saving that money for a future need seems to be the best option, plus the value will probably increase and then you'll have even more to spend.

there isnt any gurantee that price will ony go up it can be down as well , do some trade with it and try to increse it

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March 07, 2015, 09:49:59 PM
 #55

Just hold bro, you can use circle.com if you want to convert it to cash.
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March 07, 2015, 10:23:04 PM
 #56

With $25 I would invest in an altcoin and buy low on one exchange and sell high on another. After that I'd convert everything back to bitcoin. Or I'll just hold it if I'm not in the mood, I get pretty lazy.

Shocked BUY GAMESWITHBTCITCOINFORDISCOUNTEDPRICES Shocked
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March 07, 2015, 10:41:06 PM
 #57


I am going to get between $25-$50 worth of BTC in my signature campaign. I can't decide what to do with it. I could pick up a cheap miner, and mine the crap out of a new altcoin, I could offer loans, I could trade Altcoins, what should I do?


You may just go to a dice game site and try to roll it over.

Small amount may become a large one soon.  Cheesy

Of course you'd only gamble the amount you afford to lose.

if it is all BTC he has, then gamble it is more than he could afford to lose...

gamble only if you have more than dust balance
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March 07, 2015, 10:49:44 PM
 #58


I am going to get between $25-$50 worth of BTC in my signature campaign. I can't decide what to do with it. I could pick up a cheap miner, and mine the crap out of a new altcoin, I could offer loans, I could trade Altcoins, what should I do?


You may just go to a dice game site and try to roll it over.

Small amount may become a large one soon.  Cheesy

Of course you'd only gamble the amount you afford to lose.

if it is all BTC he has, then gamble it is more than he could afford to lose...

gamble only if you have more than dust balance

Gamble with a x9900 multiplier with the faucet then martingale small amounts once you get the x9900 win with the backup of the $25.

Shocked BUY GAMESWITHBTCITCOINFORDISCOUNTEDPRICES Shocked
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March 07, 2015, 10:50:45 PM
 #59

Need money to make money. Participate in more signature campaigns, earn up a couple hundred bucks, then invest in something real (withdraw to fiat) or try something like btcjam, I put some of my btc in there and have a pretty good profit there. You won't get far in profits with 25 dollars

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March 07, 2015, 10:54:02 PM
 #60

Need money to make money. Participate in more signature campaigns, earn up a couple hundred bucks, then invest in something real (withdraw to fiat) or try something like btcjam, I put some of my btc in there and have a pretty good profit there. You won't get far in profits with 25 dollars

You'd also need to be careful on btcjam, I am at a loss due to 2 loans being defaulted on. If you invest the $25 wisely at btcjam, it's possible for you to double it.

Shocked BUY GAMESWITHBTCITCOINFORDISCOUNTEDPRICES Shocked
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