From 1 Bitcoin to 100 Bitcoins - what would you do then?

Xester

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Quote from: ifightformerkel on June 28, 2016, 05:05:35 AM

When you would make with a altcoin for example from 1 Bitcoin 100 Bitcoins, what would you do then?

This would be right now about 65.000 Dollar.

1. Would you cash out everything?

2. Would you invest in 5 new icos with each 20 Bitcoins and hold long term (12 - 24 month) and hoping that some of that 5 icos will double your 20 Bitcoins again 10x or more times? = 500 or more Bitcoins

3. Would you invest in altcoins?

That would feel like heaven. I would do all the things you have listed. I think all three were good ways to multiply your bitcoin. Well, first, I should taste the fruit of my hard work, dedication, and perseverance. I would treat myself some food as a reward and a reminder that this is the fruit of hard work. Then for it to continue to grow and to have more income, I would invest them to good investing sites. I would just put a little part of my bitcoin to altcoins as I do not know if I would have an income like bitcoins do.

renem

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i will not cash everything i will cash out half of my bitcoin then go to 2. i will invest the half of my bitcoin i will take the risk because in investment there's always no guarantee that they going to double or triple your money but it's your luck if you get paid of some investment website who saying that they going to double your bitcoin and after they double my money im going to cash it all and build a offline store where i can start a new business to live everyday

clickerz

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Quote from: pooya87 on August 12, 2016, 11:24:32 PM

trading and making a profit is like a cycle, you invest some initial amount and if it is small then you grow it little by little and keep all the profit inside the process and continue trading with all of it until you reach a level that you feel like you are taking a bigger risk, so in case i earn 100BTC profit i will reach that lever and withdraw the extra amount.

es, and it will not stay as bitcoin forever right

of course afetr a certain amount or our goa is reach, we should withdraw it and spend for that goal or target to spend whether its for vacation, house repair,education etc. Sometimes it can be an emergency fund.Bitcoin is another form of investment or another avenue in internet where we can earn,spend etc.

pooya87

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trading and making a profit is like a cycle, you invest some initial amount and if it is small then you grow it little by little and keep all the profit inside the process and continue trading with all of it until you reach a level that you feel like you are taking a bigger risk, so in case i earn 100BTC profit i will reach that lever and withdraw the extra amount.

croutonhexagon

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I Will Do Only Two Things with these Bitcoins Because 100 Btc is a Very large Amount so I have To Think about it:-
1) I Can Invest this amount of Bitcoins in Trading Bitcoins and Other Altcoins or I Can Start a New Business with it.....
2) Or I can Cash out Some Bitcoins and Then I Start a New Business with the amount I Withdrawn......

gentlemand

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Welt Am Draht

I would sell all of the alt, wait for the inevitable price collapse and buy back the same amount of the alt for future pumps if it was a coin I felt had a future. Let's assume I can buy back my 100 BTC worth for 30-40 BTC post pump.

With that spare 60-70 I'd park 25 BTC in cold storage. Maybe 10 would be spunked on other alts in wild bets. The rest would be spent on travel to very weird places. It's about time crypto delivered some fun for me.

shinratensei_

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Quote from: btvGainer on August 11, 2016, 05:05:20 AM

Quote from: ifightformerkel on June 28, 2016, 05:05:35 AM

When you would make with a altcoin for example from 1 Bitcoin 100 Bitcoins, what would you do then?

This would be right now about 65.000 Dollar.

1. Would you cash out everything?

2. Would you invest in 5 new icos with each 20 Bitcoins and hold long term (12 - 24 month) and hoping that some of that 5 icos will double your 20 Bitcoins again 10x or more times? = 500 or more Bitcoins

3. Would you invest in altcoins?

Avarice is the root of all evil.Investing all coins again wouldn't be a wise decision in my opinion

But the avarice is rooted by the people desire, maybe I can say the avarice is the excessive desire characteristic. but that's right putting all of your money is not the best choice because you need top considering about the risk of the investment.

SvenBomvolen

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That is huge money for me and my situation, I will never see that amount of money in my life. Probably I would need couple days to come to myself after first shock. And then couple more days for thinking carefully about my next move.
Who knows what would I do, but if I made 100 from one I would try the same with 5 from start. And rest I would cash out, and buy a house and car. I can even buy furniture for house with that money. That would be amazing, with my salary I can just dream about it.

BitMaxz

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For me i will invest some and few are save to wallet because its not safe to your profit to stay at trading site because every there is exchange site are hack lik mt gox cryptsy and bitfinex.. so always keep a profit and invest again the capital..

marketgold

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Quote from: ifightformerkel on June 28, 2016, 05:05:35 AM

When you would make with a altcoin for example from 1 Bitcoin 100 Bitcoins, what would you do then?

This would be right now about 65.000 Dollar.

1. Would you cash out everything?

2. Would you invest in 5 new icos with each 20 Bitcoins and hold long term (12 - 24 month) and hoping that some of that 5 icos will double your 20 Bitcoins again 10x or more times? = 500 or more Bitcoins

3. Would you invest in altcoins?

A good amount of if i will cashout to be sure that i have cash in my hands. If i would have some much bitcoins in my wallet it is probably to be hacked by someone and steal from me so its better to have cash. And with the rest i will invest in different websites of investment.

Nobitcoin

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In holiday we trust

I would invest 10% on alts the rest send it to my wallet and I would buy CUBE since all the confusion with the current fork you will need a minimum of 10 million just to stake so only for the rich.

Supercrypt

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Quote from: TheUltraElite on August 11, 2016, 06:09:56 AM

Hello
I would first cash out 75btc. Next work with the rest on investment sites and invest tgem in legit places where I can reap profits in the long run not Ponzi schemes. Also would like to donate some to chartable trusts that accept bitcoin.

I'll probably do the same, although with the opposite amounts. I'll cash out 25BTC because that's already a lot for me, considering the cost of living from where I live, and I'll be holding on to that 75BTC in hopes of it's value going even further up. Although if I feel that bitcoin's value isn't going up any further, I'd most probably cash them out too.

crairezx20

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Quote from: iqlimasyadiqa on August 11, 2016, 09:21:09 AM

I think if you want to continue to add bitcoin you have then make trades altcoin is the best choice.
altcoin movement is very fast and continuously. we can see altcoin move to 100% in just one day.
that's what makes altcoin be excellent for those who want to earn huge profits.

Your right that altocin as fast movement of the price but the problem is which altcoin should be invest to make a profit..
Trading is not easy to make a large amount of bitcoin but there is a way to make a profit for safety you should choose legint altcoin that you know will alive for a long time like litecoin dogecoin and monero or clams.. those altcoin are safe to invest,

iqlimasyadiqa

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I think if you want to continue to add bitcoin you have then make trades altcoin is the best choice.
altcoin movement is very fast and continuously. we can see altcoin move to 100% in just one day.
that's what makes altcoin be excellent for those who want to earn huge profits.

mark coins

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Quote from: 2legit2 on August 11, 2016, 09:00:06 AM

Quote from: johnnyyash on August 11, 2016, 04:57:46 AM

though if it happens i will use it for more investment...and to own a private company!!! gives some out to those who are in needs...exp orphan homes....... Cheesy

investing is not always a best decision to make to be honest, i think saving it all would be way better, in this way you would be able to make profit over time

But investment will give you higher profits in compare to saving, investment will make your money grow and give you better returns in future which is not possible with saving.

2legit2

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Quote from: johnnyyash on August 11, 2016, 04:57:46 AM

though if it happens i will use it for more investment...and to own a private company!!! gives some out to those who are in needs...exp orphan homes....... Cheesy

investing is not always a best decision to make to be honest, i think saving it all would be way better, in this way you would be able to make profit over time

saladin7000

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I will cashout 70% from those btc and invest it on property and because I am still college student maybe I will spend some to pay my college fees too

Hide_ip112

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Quote from: pereira4 on August 11, 2016, 08:32:09 AM

I would hold long term, and have 10% taken out and put them in an exchange to play with. Of course wall know what happens when you have your money in exchanges, but how are you going to profit from fast pumps then? You gotta risk to win more.

How incredible and extremely genius. That way you can benefit and can also satisfy your appetite. Better saving most of the ones we have now and use a fraction of the money that we have rather than spending most of we have and just saving a fraction. Because our life is not just for today, we have a very long life, so we must also prepare everything

pereira4

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I would hold long term, and have 10% taken out and put them in an exchange to play with. Of course wall know what happens when you have your money in exchanges, but how are you going to profit from fast pumps then? You gotta risk to win more.

Pursuer

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Quote from: trickshot22 on August 11, 2016, 07:22:59 AM

Quote from: johnnyyash on August 11, 2016, 04:57:46 AM

though if it happens i will use it for more investment...and to own a private company!!! gives some out to those who are in needs...exp orphan homes....... Cheesy

yeah i would try to create my own company, in this way i think i would make even more money over time, it would be really cool though i dont have that much bitcoins now

I like this idea because it is more creative than just trading and doing things like that.

but at the same time this idea can lead to a disaster if you are not exactly experienced enough to run your own business. after all it is not easy to have a successful business and growing it without years of experience and trial and error on smaller projects.

Topic: From 1 Bitcoin to 100 Bitcoins - what would you do then? (Read 3227 times)