Topic: I have 12 Bitcoin. What should I do??? - page 113. (Read 18634 times)

your luck or trading skill is damn too high so maybe you don't need any advice from me but I think that I need an advice from you.

You can  sell 6 Bitcoin now,since the price in the moon. You will enormous dollars in your hand. With that money inverse in various altcoin, some of them have huge potential. So you will get some more dollars from it with that profit inverse in bitcoin again. At last you will have more bitcoin than the 12 bitcoin. Main thing is ,you should Analysis the altcoin before investing your money.

You have made a great job, mate. Thank you fro description of your way of collecting the BTC.

If I were you I would hold the 85-90% in BTC and invest the other part in other altcoins and hold.
But in your case, you have a good experience in ICO's. Maybe you can risk and try to take part in them again, but with little sums of BTC. Do not forget that most ICOs are not perspective and some of them are a scam.

i think your strategy is effective theres no need to ask for advices
Actually we are the one who should have asked a strategy from you
Making more than 11bitcoin for 6 months is a huge earning
I dont think i can do same thing in my entire crypto career you are
A one lucky man.i wish you more luck for your future trading

Well, we all know the best answer to your question is to hold your Bitcoins. The price of Bitcoin is rising easily and quickly. A lot of holders of Bitcoin think that the price of it may increase bigger next year. You should join them. Don’t worry, what they had decided is not wrong. You will get a bigger profit by holding your Bitcoins. But be very careful because 12 Bitcoins are so huge to lose.

I would have had 12 bitcoins if not for waiting too long for its price to dump. Anyway, if I would be having 12 bitcoins, I would be keeping 6 of these(or atleast 5 of these) in cold storage and with the rest buy alts that have strong fundamentals but have found floor because of recent bitcoin surge.

such a great story ..may i ask one question?why asking what to do with your bitcoin?you made it grow from 0.01 bitcoin upto 12 bitcoin and now seems loke you dont know what to do?im thinking whats your agenda,but if you really dont know what to do?just live it in your wallet let the value grow so you may have another earning

hold bitcoin.
because bitcoin will to get expensive in future.how about you?
what do you agree with me.?

You see 4 options.
I see you multiplied your investment of $1000. It is good to ask for advice but you need to decide self.
At this moment you can use at least 5 to 10% of your investment for something else. You will not miss this small amount.
- Put back your $1000 to your savings account. ( perhaps even $2000 ). Perhaps it is a loss, do not worry about it as you will sleep a lot better in bad weather. A good investment is only a good investment if it returns more than you invested. You now know you can multiply $1000 again and returning $1000 is not much compared to 12 Bitcoins today.
- Buy a hardware wallet to store some cypto.
- Invest some money (and time) in education. This can be technical skills, a foreign language and a driver licence. This will keep value independent of how many pizza's you can buy with BTC or $.

I think you should continue to engage in the investment, pretty good, maybe can teach us something.

I also have a dozen COINS before, but now only a few, although my money more, but the currency is less, so I suggest you hold hands over a long period of COINS, don't be bought and sold.

You should hold your bitcoin! Earn more bitcoin because its price is expected to rise on the next following month. After you have enough, I think you should start a project. I commend you for earning this much bitcoin! This is no ordinary feat! Keep up the good work!

I would suggest you to now convert your bitcoins to USD and reinvest into Bitcoins and other currencies like BCH.

you will buy Kingcash.io Like (y)

Spread 2/3 of BTC in top 10 alts.. and hold for long term.

If you have more time, you should take a look at other alts reaching lows in last few days, meaning having correction and buy those. Sooner they will pump. And sell with 10% profit back to BTC.

Regards,
Aljaz

then what makes a fundamental reason for your suggestion because I see now that many ico are scam and all this is due to the excessive airdrop and coin of free distribution 95% all rotten.

well what i can suggest sell 3/4 of your BTC then hold on to the other.

I think the best way is holding for now when the time comes you can seel and take your money

I'll try to go through each of the options you listed

1) Hold the Bitcoin

Sounds very logical. BTC has went up in value by about 900% in 2017 which means it's likely to keep on appreciating. There are many big institutions that want to offer BTC as a security to clients and some will be implemented in December, which will drive price even higher.

2) Invest in altcoins and leave a little in Bitcoin

Sounds even better. Diversifying your portfolio away from only BTC is the best way to make sure you don't incur big losses. You can hold about 2 BTC and invest the other 2 BTC is altcoins.

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.

Better not. There are so many projects out there that unless you have a fantastic team, great knowledge and incredible knowhow, you won't be able to make a contrast with what is already out there. ICO's are really competitive and offering nothing does't really work anymore.

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

That's a second option. If you really need the money for something important do so. if not better keep it and invest in other coins or hold BTC.

Out of all the options I'd go for 2.

Spend half, keep half

Live a little! No point making money if you are not going to enjoy life! Take a trip.