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Topic: I have 12 Bitcoin. What should I do??? - page 111. (Read 18634 times)

sr. member
Activity: 532
Merit: 280
November 29, 2017, 02:51:38 AM
if you can hold that for long period of time much better you do not need to do anything just sit back and relax and your money will generating income for you. Also good if you invest that in trading you will get much higher profit if you do regular trading even shit you you can bump that because you have huge amount of capital.
member
Activity: 532
Merit: 14
November 29, 2017, 02:49:44 AM
Hodl them for God's sake Cheesy I would hodl 10 BTC and invest in altcoins with the remaining 2 BTCs. It seems like a great future awaits you Grin
member
Activity: 322
Merit: 15
November 29, 2017, 02:46:26 AM
Getting 12 bitcoin in just 6 months is an impressive increase of money however creating your own cryptocurrency will have pros and cons and of course you must be willing to take risks in order for you to create a good one. If I were i will keep holding the 12 bitcoin and let it increase.
full member
Activity: 728
Merit: 100
https://i.imgur.com/hgxNNiA.png
November 29, 2017, 02:42:45 AM
I have 12 Bitcoins. I am not a whale. I started about 6 months ago with 0.01 Bitcoins and $1000. I turned it into 12 Bitcoins so far and am pretty proud to say the least.

My question is, what do I do now?

As far as I can see, I have 4 options;

1) Hold the Bitcoin

2) Invest in altcoins and leave a little in Bitcoin

3) Fund a project and start my own cryptocurrency that solves a problem that current currencies face (scalability, Tx fees etc.). With the funds, I would be able to assemble a team, start a marketing campaign, get listed on exchanges etc. I am also a programmer which helps.

4) Convert it to fiat (probably the dumbest idea)


Edit: I should also add, I dropped out of school and have all the time in the world so can fully commit to any idea. I will earn my living of cryptocurrencies.

A few people have asked how I made my money so, if you are interested, here is a short summary:

Initially, I put it all into Bitcoin during the massive FUD of the fork around June when Bitcoin dipped to $1,900. Then I put half my money into NEO before all of the hype at around $12 and cashed out at $40. Then I invested in a couple ICO's and turned a pretty good profit of off the hype. After that, I got back in on NEO as soon as China announced the regulations regarding ICO's and rode the wave back from around $20 to $40 (I can't quite remember). Then, I rode the hype of Ethereum Dark, eBitcoin and a few other airdrop scams (after bribing a few of the devs, I got massive discounts in comparison to market prices and drove the volume up on their respective markets to get them listed on coinmarketcap which catapulted their price). Finally, I got in on Wincoin before it got to coinmarketcap and turned a 20x profit.


Fill out this form and win 1 Ether - https://goo.gl/forms/win91V0u6mljlxHu2

just sell a few and do not forget to donate. very lucky you have that much bitcoin, maybe you can use to invest in altcoin so you can also profit again. and you are a very smart traders.
member
Activity: 238
Merit: 10
The Experience Layer of the Decentralized Internet
November 29, 2017, 02:42:16 AM
You hold 10 bitcoins, and I suggest you choose to sell 2-3 bitcoins for $11000, and then 2 bitcoins to invest in other COINS, leaving 5 to continue holding.
member
Activity: 112
Merit: 10
November 29, 2017, 02:31:51 AM
If you have other cryptocurrencies beside Bitcoin, than yoz should Hodl and wait the bitcoin skyrocket. If Bitcoins are only cryptocurrency that you have, you can take 1 Bitcoin and invest in some altcoins. Make your own research and invest based on your preferences.
member
Activity: 106
Merit: 10
BITCOIN
November 29, 2017, 02:30:18 AM
First of all, I'm very envious that you have 12 bitcoins, and I only have 0.5 bitcoins myself, and I think the best way to treat bitcoin is to hold it, historical proof.It is foolish to sell at any time.Welcome to the game.
full member
Activity: 252
Merit: 102
November 29, 2017, 02:29:57 AM
You have good amount of Bitcoin. Hold tight, and do nothing if you have no urgent need of money. Bitcoin is the fastest growing asset.
member
Activity: 168
Merit: 10
HEALTHCARE BEYOND BARRIERS
November 29, 2017, 02:29:21 AM
If i were you i will hodl the 8btcs and trade the 4 with alts,trading alts will give you more profit than holding btc.

That would be beneficial if you're a skilled trader otherwise holding Bitcoin is a clever decision. Everyone is holding it because we are all expecting Bitcoin will grow everyday.
member
Activity: 168
Merit: 10
HEALTHCARE BEYOND BARRIERS
November 29, 2017, 02:27:30 AM
Give it to me Wink. Jokes apart. Convert to fiat about 25% of BTC now. Invest in other valuable cryptocurrencies for about 25%. Hodl the remaining 50%.

Only if he needs money badly so you can get a lot of money from a portion of your Bitcoin but today Bitcoin is actually a virtual bank that when you just let your money stay on virtual bank and watch it grow after time.
It's also a clever decision to make investments into Altcoins but not all of it. I recommend investing in top 10 or 20 Altcoins because they're pumping every day and most of all choose wisely.
member
Activity: 182
Merit: 10
November 29, 2017, 02:27:17 AM
If i were you i will hodl the 8btcs and trade the 4 with alts,trading alts will give you more profit than holding btc.
full member
Activity: 210
Merit: 100
A BLOCKCHAIN SOLUTION TO DISRUPT TRADE FINANCE
November 29, 2017, 02:24:54 AM
Sell few of the bitcoins and hold the remaining for future. And with the money which you will get after selling the bitcoins, use them for the project which you was talking about. I like the idea of your project to solve the problem that other crypto currencies are facing.
member
Activity: 168
Merit: 10
HEALTHCARE BEYOND BARRIERS
November 29, 2017, 02:22:35 AM
Lucky you have it. Just HODL man. it will go up soon and maybe 20k USD soon. I will buy more of it I have my salary.

Everyone that's has Bitcoin are holding that's the reason why Bitcoin is very expensive, it will be more expensive than a Gem next few months.
member
Activity: 168
Merit: 10
HEALTHCARE BEYOND BARRIERS
November 29, 2017, 02:21:21 AM
If you're a trader then use a portion of your Bitcoin to trade because traders aren't holding all their resources and trading is like a gambling but it's better than gambling because a skilled trader can get more profit than a skilled gambler.
member
Activity: 98
Merit: 10
November 29, 2017, 02:16:21 AM
Lucky you have it. Just HODL man. it will go up soon and maybe 20k USD soon. I will buy more of it I have my salary.
full member
Activity: 134
Merit: 100
November 29, 2017, 02:09:59 AM
First, pretend that you don't have any money in Bitcoin. How much of that $120K can you afford to lose? If the answer is none, convert immediately to fiat and other safer investments. Crypto has enjoyed great returns but don't go in for more than you can afford.

... but if you can, try to keep as much as you can invested. HODL!
member
Activity: 68
Merit: 10
November 28, 2017, 04:51:48 PM
I would say: Never put all your eggs in one basket (many do not wanna hear this but Bitcoin could also just crash and never recover again). Better you take a look at some promising projects and diversify your portfolio in case Bitcoin does not take the direction you want and also it highers your chances to makes some huge gains again if you make a risky but smart investment. I personally see huge potential in Deeponion: Natively connected to the TOR network with fast and anonymous transactions, strong community and passionate devs that are constantly improving and updating their project. There also some promising features and big milestones on the roadmap, check them out on the official website or join the forum if you are interested!
legendary
Activity: 2702
Merit: 1523
November 28, 2017, 02:31:24 PM
It was a very nice profit. I think you should sell some of what you have and continue to invest with the rest.
Hold 5 btc. 3 btc for investment and sell 4 btc Smiley
sr. member
Activity: 406
Merit: 250
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
November 28, 2017, 02:11:59 PM
This is a great achievement because it can get 12 bitcoins.
I think you better hold bitcoin until the end of the year may be worth up to $10000.
and for next year you can form a team and make ICO.
full member
Activity: 301
Merit: 100
Next Generation Antivirus
November 28, 2017, 01:50:54 PM
I have 12 Bitcoins. I am not a whale. I started about 6 months ago with 0.01 Bitcoins and $1000. I turned it into 12 Bitcoins so far and am pretty proud to say the least.

My question is, what do I do now?

As far as I can see, I have 4 options;

1) Hold the Bitcoin

2) Invest in altcoins and leave a little in Bitcoin

3) Fund a project and start my own cryptocurrency that solves a problem that current currencies face (scalability, Tx fees etc.). With the funds, I would be able to assemble a team, start a marketing campaign, get listed on exchanges etc. I am also a programmer which helps.

4) Convert it to fiat (probably the dumbest idea)


Edit: I should also add, I dropped out of school and have all the time in the world so can fully commit to any idea. I will earn my living of cryptocurrencies.

A few people have asked how I made my money so, if you are interested, here is a short summary:

Initially, I put it all into Bitcoin during the massive FUD of the fork around June when Bitcoin dipped to $1,900. Then I put half my money into NEO before all of the hype at around $12 and cashed out at $40. Then I invested in a couple ICO's and turned a pretty good profit of off the hype. After that, I got back in on NEO as soon as China announced the regulations regarding ICO's and rode the wave back from around $20 to $40 (I can't quite remember). Then, I rode the hype of Ethereum Dark, eBitcoin and a few other airdrop scams (after bribing a few of the devs, I got massive discounts in comparison to market prices and drove the volume up on their respective markets to get them listed on coinmarketcap which catapulted their price). Finally, I got in on Wincoin before it got to coinmarketcap and turned a 20x profit.


Fill out this form and win 1 Ether - https://goo.gl/forms/win91V0u6mljlxHu2

In my opinion, one of the best options is the second, but I would modified it a bit - 50×50.
50% in altcoins. If in doubt about what to invest in 10 recommended well-known coins.
The other 50% always keep in Bitcoin. In this case, your portfolio will always rise and bring a good profit.
And Yes, some part of the Deposit can withdraw in Fiat.
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