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Re: What to do with Bitcoin?
by
sana54210
on 22/09/2016, 18:47:46 UTC
So after a while of earning some bitcoin from doing various services and signature campaigns, when you reach like $100 worth of BTC in your wallet, what exactly do you do with it? Just hold it till the rate is high and make some profit and then start all over again or what?

Bitcoins work as reserve money for me. When I need $50 or $100 because I want to buy something and I don't have that money in my poket and the next payment is a week away I sell some BTC. This happens couple of times in a year, I can't afford this more frequently but I'm glad to have what I have - a really nice reseve in BTC. )
I believe you are doing the right thing with your bitcoins, keeping up bitcoin as a reserve money for emergency needs must be a good idea. As you are not spending your bitcoins so often, you will get more chances to get your networth to be multiplied in quick time. Saving bitcoin is always good and having some purposes to spend them is again too good.