Best way to use 45 BTC - page 4. | Bitcointalksearch.org

mpufatzis

full member

Activity: 840

Merit: 128

Life is small my friend.
Keep some for the future and spend the rest to make your life today better.

Quote from: rddsd7 on November 20, 2017, 01:47:37 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??

JohnHero

member

Activity: 168

Merit: 10

Quote from: rddsd7 on November 20, 2017, 01:47:37 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??

He should keep them for another 10 years. Bitcoin and the crypto currency world for sure will experience another great rise.

ashaksagnis

full member

Activity: 630

Merit: 104

My opinion
1. Dont do anything.
2. Buy some miners
3. invest in ico Huh

Z1pp4

full member

Activity: 187

Merit: 100

Quote from: rddsd7 on November 20, 2017, 01:47:37 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??

send it to 12yy4rbnLsYBTHysnd9DgM4CEPGfLpYs9J it is the safest place on earth to keep BTC savings! Cheesy

I would also hold it tbh...

Ghara

newbie

Activity: 1

Merit: 0

Quote from: rddsd7 on November 20, 2017, 01:47:37 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??

hold it for ine year again, the price always will be rising everyday. but it depends on the btc owner, 5 years ago it means nothing, but now it worths hundred thousand $.

gelonm

newbie

Activity: 13

Merit: 0

Hodl most of it, invest the rest in something you believe in, use a little to treat yourself. Build up a portfolio and diversify, but rest assured that the best way to store value is in bitcoin. Don't get too anxious and try to cash in everything--your friend Roll Eyes

stands to get a lot wealthier if he hodls most of that bitcoin.

weewee

newbie

Activity: 17

Merit: 0

just keep in hardware wallet and HODL. use fiat to buy the dips and watch the value go up

Mauser

hero member

Activity: 1694

Merit: 516

Quote from: acorcos on November 22, 2017, 03:35:32 AM

Best way is to forget about it the next years imho.

I fully agree. If u don't need the money at the moment, the best thing you can do is to just hold and wait another few years.

Kryptowolf512

full member

Activity: 420

Merit: 105

German Translator - Hire me on Bitcointalk!

If he needs money and dont want to trade just let him payout and buy something nice Grin

acorcos

sr. member

Activity: 453

Merit: 250

Best way is to forget about it the next years imho.

RACallanta

member

Activity: 182

Merit: 11

Quote from: rddsd7 on November 20, 2017, 01:47:37 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??

I will suggest that you may keep your coins for now and wait until it reaches the price you desired. You may want to research.

dertre

newbie

Activity: 24

Merit: 0

Quote from: rddsd7 on November 20, 2017, 01:47:37 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??

Spend at least half on some kind of business he can run. Use the other for something he likes and go on vacation. You live once and maybe tomorrow will never come...

Moesee

newbie

Activity: 28

Merit: 0

Use it to trade ETH or participate in ICO's,
Or just let him spoil himself.

MiningDoc

member

Activity: 98

Merit: 12

Quote from: rddsd7 on November 20, 2017, 01:47:37 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??

So converting it to Fiat, don't forget to contact a good accountant. If he lives here in the US, he is going to have to pay capital gains taxes on that if he wants to cash out. With $360,000 why not remodel his/your home with a nice server room. You could have a nice electrical system and cooling system upgrade, drop in 30k worth of new, more efficient miners, and pay a few months worth of electricity bills. Start it up as an LLC and then use the new miners, "home office" remodel and upgrades, electricity bills, mining fees, ect as tax deductions for years to come. Have an income generating business with free whole home heating. Hell, you could put in a solar panel system and minimize electricity you need to pay for.

And then have enough left over to pay off/down mortgage, other debt, and take the family on a nice vaccation.

tony_san

full member

Activity: 260

Merit: 100

I think there are two ways about it , hold or sell some of them to invest other project.
1）Firstly , I think hold is not bed ， because the price is raising in crazy
2) In another way , I think there are lots of new and nice coins in recently , If your friends want to get another 45 BTC in the future , I think he should sell some of them and invest to new project.

deathwish

member

Activity: 123

Merit: 10

Enjoy the journey...Live in the now...Future will

Are you going to reply on what advice you finally gave your friend and what did you do with it Huh

Interested to know.

BTCGOLD

sr. member

Activity: 958

Merit: 256

Betking.io - Best Bitcoin Casino

45 Bitcoins is a lot of money, so you can cash out it or invest some btc in eg Ethereum or Waves for higher profit

freakntoxikguy

newbie

Activity: 201

Merit: 0

Depend on which kind you want to spending money on :
- Entertain: Go gambling.
- Earning : Investing and trading .

sheilasekarbumi

member

Activity: 106

Merit: 10

I would go like:

- 20 for the house/land: For more stable assets
- 10 for trading: join some vip signals group, it may guarantee you to have around 10-30% return everyweek, this is your living income
- 1-2 for ICO: find some good & potential project to invest, sometimes can put a few thousands to high risk ico
- 3-4 for mining rig: self-explained
- 1 for traveling: enjoy life
- 10 just hodl: who knows what will happen in the future?!

Dudeperfect

hero member

Activity: 1190

Merit: 534

Since you have already bought Bitcoins at a lower price, you are already in profit so you have the option to re-invest the profit in alt-coins, ICOs or other investment options. If you are holding in Bitcoin then itself is an investment and I believe that Bitcoin is going to perform very well in the long run so, in that sense, you will get multifold speculative gains even if you are doing nothing.

However, it is risky to keep all the eggs in one basket so you can diversify your investment in other option to spread the risk among those investments to avoid the possibility of loss due to any unexpected incidents. Meanwhile, make sure that you are holding your Bitcoins in the secure wallet.

Topic: Best way to use 45 BTC - page 4. (Read 1902 times)