Post
Topic
Board Bitcoin Discussion
Re: What is there to do with bitcoins these days ?
by
deisik
on 15/11/2016, 07:41:44 UTC
holding some, wait price up more than this, and maybe use it to trade in some exchanger is good too, at least we can develop our own money with our own risk

yes keep bitcoin in your wallet, then monitor the price of bitcoin if there is a drastic change. after that you can sell. or if you want to reproduce your bitcoin, you just make a trade. of course there is a risk that you need to bear in bitcoin trading. and of course there are advantages in trade bitcoin.

Yeah these are the common things that we could do with bitcoin. Keeping it and selling it, trading, investing. You can also gamble your bitcoin to make profit. And risk is normal in all businesses as so in bitcoin trade. But then for me, the best to do about bitcoins these days is to convert it, then spend it. Especially right now Christmas is fast approaching. And there are many discounted items now in stores and for me as a shopping person, i love buying.

Gambling isn't investment, you just will burn your money... I don't believe that people can coment it on a thread about ways to make some money also trading requires a lot of skills, well the hold option is the best one if you are noob however you can't earn a lot with it.
Hope the bitcoin price increase on christmas so I can trade my coins.

I don't particularly disagree with you about gambling, though there are different types of it. Most likely you are talking about dice and Bitcoin casinos with house edge where you are invariably set to lose in the long term. On the other hand, there are a lot of games often referred to as gambling too, but which require both luck and skill, for example, poker. Thereby, investing in these skills may be profitable, especially if you have a predisposition for such games and love playing them. There are also sports betting which can also be considered as gambling. Though betting arbitrage often used in sports betting seems to have more to do with trading than gambling...

That is, it can be loosely called as investing