Adblock breaks this site

Tips on Btc?

Discussion in 'Cryptocurrency, Finance, & Gambling Discussion' started by The 2g, Jul 22, 2015.

Thread Tools

Thread Tools

  • Thread ID:
  1. The 2g

    The 2g Active Member
    Banned

    Joined:
    Jul 21, 2015
    Posts:
    100
    Referrals:
    0
    Sythe Gold:
    0
    Tips on Btc?
    Does anyone have any beginner tips on btc? like should i wait till i exchange my btc to irl etc?

    Just a few questions i have:

    Should i exchange my BTC as soon as i get them for irl? Or wait till the price rises a bit

    Is it worth accepting BTC over say.. PayPal?

    Should i be scared of BTCs crashing?
     
    The 2g, Jul 22, 2015
    #1
  2. Xier0

    Xier0 Legend
    $5 USD Donor New

    Joined:
    Jan 16, 2013
    Posts:
    13,001
    Referrals:
    2
    Sythe Gold:
    20
    Sythe's 10th Anniversary DIAF Lawrence Member of the Month Winner Gohan has AIDS
    Tips on Btc?
    What do you mean by wait?
     
    Xier0, Jul 22, 2015
    #2
  3. The 2g

    The 2g Active Member
    Banned

    Joined:
    Jul 21, 2015
    Posts:
    100
    Referrals:
    0
    Sythe Gold:
    0
    Tips on Btc?
    Like doesnt the price of btc fluctuate?
     
    The 2g, Jul 22, 2015
    #3
  4. Xolr

    Xolr 1AabBjVuxCNCN9ZCU6fjbSDPnqybcHuwDU
    $50 USD Donor New

    Joined:
    Jan 15, 2014
    Posts:
    1,711
    Referrals:
    1
    Sythe Gold:
    0
    Two Factor Authentication User SytheSteamer Sythe's 10th Anniversary St. Patrick's Day 2014 Tier 1 Prizebox
    Tips on Btc?
    www.weusecoins.com is a good start for btc.

    Furthermore you'd get more answers if you asked specific questions.

    Yes the price of BTC fluctuates; but so does gold, silver, Euros and USD...
     
    Xolr, Jul 22, 2015
    #4
  5. The 2g

    The 2g Active Member
    Banned

    Joined:
    Jul 21, 2015
    Posts:
    100
    Referrals:
    0
    Sythe Gold:
    0
    Tips on Btc?
    edited my post for some specific questions, thanks
     
    The 2g, Jul 22, 2015
    #5
  6. RLdiamond

    RLdiamond Forum Addict
    Trade With Caution

    Joined:
    Feb 27, 2015
    Posts:
    600
    Referrals:
    0
    Sythe Gold:
    153
    Tips on Btc?
    The beauty about Bitcoins is it makes many online payments much easier and allows you to expand your market whether you receive or make payments...

    I myself have no trust in bitcoins and I never allot my wallet to exceed 1k$... but if you are talking about small amounts up to 1 max 2 BTC, you shouldnt worry much because if bitcoin crashes, it wont be anytime soon. Minor decrease in its price wont affect your small bankroll much.
     
    RLdiamond, Jul 22, 2015
    #6
  7. The 2g

    The 2g Active Member
    Banned

    Joined:
    Jul 21, 2015
    Posts:
    100
    Referrals:
    0
    Sythe Gold:
    0
    Tips on Btc?
    thanks for the input bro!
     
    The 2g, Jul 22, 2015
    #7
  8. Aelytic

    Aelytic Newcomer

    Joined:
    May 2, 2015
    Posts:
    16
    Referrals:
    0
    Sythe Gold:
    0
    Tips on Btc?
    The price of cryptocurrency does fluctuate a lot, however I'm not scared of holding any Bitcoin personally. The reasoning being, that there is pretty much equal opportunity for it to both rise or drop.

    It might drop by 5%, it might rise by 5% - it's simply a gamble you take when using Bitcoin. I think Bitcoin is more likely to rise in the long term as well.

    If you're selling goods, it's always great to accept Bitcoin as there's no risk of chargeback, there's lower fees and you can find additional customers by doing so.
     
    Aelytic, Jul 22, 2015
    #8
  9. Xolr

    Xolr 1AabBjVuxCNCN9ZCU6fjbSDPnqybcHuwDU
    $50 USD Donor New

    Joined:
    Jan 15, 2014
    Posts:
    1,711
    Referrals:
    1
    Sythe Gold:
    0
    Two Factor Authentication User SytheSteamer Sythe's 10th Anniversary St. Patrick's Day 2014 Tier 1 Prizebox
    Tips on Btc?
    There are exchanges that instantly convert bitcoin to USD to and from bank accounts without worry. For example, with an online store a customer can buy a product or service with bitcoin and you can have USD in your bank account the next day with little to no fee. This prevents any worry from fluctuation in price.
     
    Xolr, Jul 22, 2015
    #9
  10. The 2g

    The 2g Active Member
    Banned

    Joined:
    Jul 21, 2015
    Posts:
    100
    Referrals:
    0
    Sythe Gold:
    0
    Tips on Btc?
    Ty for the good tips, this site is very active :eek:
     
    The 2g, Jul 22, 2015
    #10
  11. Paper Town

    Paper Town Active Member
    Banned

    Joined:
    Jul 23, 2015
    Posts:
    103
    Referrals:
    0
    Sythe Gold:
    0
    Tips on Btc?
    BTC isn't consistent so I would sell it for what you get it for, unless the price is already dropped a lot and it's not worth it.
     
    Paper Town, Jul 24, 2015
    #11
  12. The 2g

    The 2g Active Member
    Banned

    Joined:
    Jul 21, 2015
    Posts:
    100
    Referrals:
    0
    Sythe Gold:
    0
    Tips on Btc?
    Thanks that it probably what i will do.
     
    The 2g, Jul 25, 2015
    #12
  13. Electrum

    Electrum Member
    $5 USD Donor New

    Joined:
    Jan 15, 2014
    Posts:
    89
    Referrals:
    0
    Sythe Gold:
    20
    SytheSteamer
    Tips on Btc?
    I believe Bitcoin has come to the stage where you shouldn't be "scared" of it, just refer to it as another currency, yes it fluctuates but it has always came back etc. No one can tell you wether to hold it or not, no one else knows if it will drop or rise etc. I would suggest holding onto it though, that's just my opinion. Do your research and learn about it. #1 TIP!!! DO NOT BE SCARED
     
    Electrum, Jul 25, 2015
    #13
< future of BTC | Your opinion on the current economy >


 
 
Adblock breaks this site