Post
Topic
Board Beginners & Help
Re: What you will do with 1 BTC? Share your thought and win it
by
fuzzyhair2
on 18/09/2013, 23:33:08 UTC
If I had one entire Bitcoin, I'd convert it to fiat when the exchange rate is high (hmm...say like $120-$130). Then, when Bitcoin drops value (like $70-$80) I would convert them back. Now I get more Bitcoins haha. Lather, rinse, repeat.  Wink
Unlike gambling, there is virtually no risk. You end up with either Bitcoins or fiat anyway, plus if you do this with like, say, 100 BTC, you could actually get a decent profit margin.