Best way to use 45 BTC - page 3. | Bitcointalksearch.org

rameshEl

member

Activity: 118

Merit: 11

Quote from: rddsd7 on November 20, 2017, 12:47:37 AM

Dear All,

one of my friends have 45 BTC in his pocket.(which was bought 5 years ago).

Need expertise advice how to use them effectively??

If he is looking for multiply them, I believe Gambling and HYIP are not good idea to risk them. Even ICO also not recommended if he is not a subject matter expert. But again, what needed to do depends on lot more factors like, his age, what he is wanted to do (multiply or trade) etc. If it is me (in my middle age), I would use very few of them trading to fait currency and at least 80% of them in HODL. But if the age is < 55 he better inform about this to someone else. Coz, even BTC cap is 21M, I believe some are lost from the market in wallets while death of the owner. Also, it’s good to have them in a hardware wallet.

Bloody Mary

full member

Activity: 154

Merit: 100

COs are very dangerous if you don't know how to check their liability.

SrEasts

member

Activity: 112

Merit: 12

Aida Service

I would take out some of it just incase some sht happens. What should he do with the rest? I would say lend, get some interest on your money. That way not only you will have more if btc keeps rising but you will also gain a % of it while lending it.

BTC Sorcerer

newbie

Activity: 11

Merit: 0

Quote from: rolltech01 on November 23, 2017, 11:47:34 PM

Best way is, hold for 5 more years

Better forget about it for at least 10 years!

rolltech01

newbie

Activity: 27

Merit: 0

Best way is, hold for 5 more years

Vicrypt

member

Activity: 103

Merit: 10

PS.

Don't forget, hodling is also trading.. just a long term one.

If you aren't sure. Keep hodling.

Vicrypt

member

Activity: 103

Merit: 10

Quote from: rddsd7 on November 20, 2017, 12:47:37 AM

Dear All,

one of my friends have 45 BTC in his pocket.(which was bought 5 years ago).

Need expertise advice how to use them effectively??

Research very very well about alcoins .. and then invest 20% of it into 10 altcoins (2% in each) with great potential and currently at low price/market cap. You should be looking for sub 1-cent coins with potential to reach $1 .. and sub $1 coins with potential to reach $50-100. Focus on coins with low total supply.

Hodl all of them for another 5 years. At least 1-2 should hit the target, provided you researched well.

Come thanking me, in this thread, later.

Qzeyn

newbie

Activity: 28

Merit: 0

Would reinvest it in ETH, I see it going up,
Just my opinion, or go out cash them up and
Spoil your self, go have a blast with him of cause 😀

MikeJones!

member

Activity: 74

Merit: 10

Quote from: Crypto Nerd on November 23, 2017, 11:57:29 AM

Quote from: MikeJones! on November 23, 2017, 09:35:51 AM

Buy some real estate. that's one of the only investments for the long-long term that continuously appreciates.

It's a bad idea if you dont know the estates market. It´s easy to overpay.

In the long term, you benefit, regardless.

Bitcoins and ICO's you own nothing, even if you overpay in real estate, 10 years from now you still own something that has value.

either that or go but gold/silver bullion.

geraldgold

member

Activity: 64

Merit: 10

to the moon

hodl.. price explodes.. then sell .

Futu.re

newbie

Activity: 12

Merit: 0

Or just buy ticket to Panama/Cyprus and spend btc there.

dpositMaster

member

Activity: 90

Merit: 10

Find a good tax advisor, when he will want to spend it in real world, he will need it Wink

apvmoreira

member

Activity: 110

Merit: 10

I would mix my investment in mining, lending and trading.

ICOs are very dangerous if you don't know how to check their liability.

sibachao97

member

Activity: 168

Merit: 10

Wow, I adore your friend, wish I knew bitcoin sooner Grin

Crypto Nerd

newbie

Activity: 28

Merit: 0

Quote from: MikeJones! on November 23, 2017, 09:35:51 AM

Buy some real estate. that's one of the only investments for the long-long term that continuously appreciates.

It's a bad idea if you dont know the estates market. It´s easy to overpay.

MikeJones!

member

Activity: 74

Merit: 10

Buy some real estate. that's one of the only investments for the long-long term that continuously appreciates.

promoza

jr. member

Activity: 52

Merit: 10

Try to speak with ICO or crypto analysts. They will give you goove idea of what is happening on the market.

Crypto Nerd

newbie

Activity: 28

Merit: 0

Sell them all, and wait few months, then rebuy it.

Mike Dickhead

newbie

Activity: 28

Merit: 0

Buy a house.

minmin88

newbie

Activity: 56

Merit: 0

buy selll and earn money from this Roll Eyes

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