Post
Topic
Board Off-topic
Re: What to do with Bitcoin?
by
Fatanut
on 24/09/2016, 09:37:52 UTC
So after a while of earning some bitcoin from doing various services and signature campaigns, when you reach like $100 worth of BTC in your wallet, what exactly do you do with it? Just hold it till the rate is high and make some profit and then start all over again or what?
Just holding your Bitcoins wouldn't make that much profit. In that 100$, you'll only get a maximum of 10-15$ depending on your timing and the price increase. Doing altcoin trading would make you earn that 10-15$ from short trading if you're lucky. Long trading gives you more profit only if the coin gets recognized by a lot of people and gets a lot of buyer.