Topic: I have 12 Bitcoin. What should I do??? - page 42. (Read 18634 times)
this is depend on your skills and the community behind you the third option look the best and gives you full control about your money good luck mate
I think you should split the money in hand. HODL, Trade and ICO. Risk division. That's what the professionals do. Make a piece of cash at the same time
ICO is not appropriate at this time, trade and hold will be reasonable choices because the market is still in a rebounding trend, the ups and downs will occur very often, if we can take advantage of those opportunities, our assets can increase rapidly. While the ICO has too much bad news, good projects are too scarce, engaging only wasted money and time, besides, I think when Bitcoin reaches a high and reasonable price, he should sell and withdraw money in order to invest and build a career for the future, can not stay bitcoin forever, we should seek stable and long term
Wow, 12 BTC are a lot of money! In the market peak they were around $240.000 dude! Ihope Ican accumulate a Bitcoin one day but 12 are really hard to have. Best to your investment and don't lose your Bitcoins, scammers are everywhere.
Such an old topic, where have you find it? 
Interesting what the author has done with BTC sold and held? There were so may advises.
Interesting what the author has done with BTC sold and held? There were so may advises. 
6 months ago. 1BTC ~ $1000. And now you have 12 BTC, each about $9000 
.
Are you serious?
I see you're very good at trading altcoin, why not continue?
. Are you serious?
I see you're very good at trading altcoin, why not continue?
It only means that the best thing to do is to save your coins in order to earn more profit in the future because selling your coins today is a bad idea since the market is volatile and it will still grow up even more in the future.
try to invest some other coins with a small amount of bitcoins, I think if you are lucky, you can gain more bitcoins.
Based on the success and free time that I have, I have decided to research the top 200 altcoins and release at least one analysis of them a day. Will release the results in this group (first 500 to join will get access to the premium group) Link below...
https://t.me/CookieCrypto
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. Finally, I got in on Wincoin before it got to coinmarketcap and turned a 20x profit.
I applaud what you have accomplished, even me and others may not be able to do the same with you, better to keep the things you did in the last 6 months. Imaging begins with less money and makes it grow to 12 bitcoins. I am convinced that even investors will struggle to reach 12 btc within 6 months only with that capital. would you rather continue what you are doing. https://t.me/CookieCrypto
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. Finally, I got in on Wincoin before it got to coinmarketcap and turned a 20x profit.
If you have 12 Bitcoins, you should divide your assets accordingly and you can buy 30% ETH to invest in ICO projects as it can help you make better profits. But if you want to take the risk and accept the loss then you should choose altcoin that can help you get good profit and keep for a long time.
you have 12 bitcoins? then that was crazy man to think of it that you have that big amount of bitcoins. well anyways, all you have to do is hold the half and use the half for good because we dont know what the future brings. So it is nice to be Wise and a smart thinking.
You can start a business with those bitcoins or start to join trading because the value of this coins is keep on increasing each day that's why it is really good to invest in this coins and it keep on increasing periodically.
You have a very good options which I believe will double your capital if properly complimented and manage. And who knows whether you actually have those 12btc as you claimed in your submission.
its up to you, you can let it grow, since it is already converted to bitcoin, the only thing you should do if its price will increase is to convert it to fiat. but if you want to make it grow, you can invest it to some altcoin that you think is good.
With the money you earned at the moment I think you should continue to invest in bitcoin and some altcoin because sometimes the price of bitcoin as well as altcoin is low. So you should buy to invest in a short time, you can earn more than you hold, beside you can keep it waiting for the opportunity more.
I would recommend you to invest your bitcoins in a few promising Icos ,so if they will shoot up your 12 bitcoins can be doubled or even trippled,but before investing do a serious research of the Icos to avoid scam.
Boy, enjoy your life! Transfer everything to fiat and get high!
You can, of course, keep some bitcoins, but your knowledge will be able to once again make capital.
You can also open a school for learning cryptocurrency for beginners. And to call it something like: "how did I become a millionaire with the help of cryptocurrency."
All in your hands.
You can, of course, keep some bitcoins, but your knowledge will be able to once again make capital.
You can also open a school for learning cryptocurrency for beginners. And to call it something like: "how did I become a millionaire with the help of cryptocurrency."
All in your hands.
if in my opinion better stored first bitcoin you have. because now this market again is not good and not good for selling bitcoin and other coins.
I believe, actually, that than any other thing to contain more than 50% in bitkoyne and split the other 50% into different altcoins, which will own the future in 2018. Enough study of the coin, before that than invest in it! In real time, the crypto-market checks volatile values, and all altcoys do not work. We need to be patient and wait until the sharks raise the price of bitcoins to the usual, in order to be profitable.
its up to you, you can let it grow, since it is already converted to bitcoin, the only thing you should do if its price will increase is to convert it to fiat. but if you want to make it grow, you can invest it to some altcoin that you think is good.
Congratulation man nice story! Respect to you, you made the right choices. How high was your initial investment, if you dont mind me asking?
As for your question, I would turn half of the money into Fiat and hold the other half in Bitcoin. Now seems to be the (so far) best time to turn some money into fiat.
As for your question, I would turn half of the money into Fiat and hold the other half in Bitcoin. Now seems to be the (so far) best time to turn some money into fiat.
You did well OP and was able to convert to BTC before the major downturn. It would have been "more" if you were able also to park some % of your funds in USD or USDT to preserve value and buy back bitcoin and alts now. Well done!
I think you have done a great job until now. Maybe you should divide it into two. You can keep hold a half and the rest you can invest it in ALT coin. After that you can keep working, waiting and enjoying the result in the future. Everything is your own decision. Just think about it wisely. I hope you will get the best.
I want to join you too. Do what you've been doing. The presence of this amount suggests that the head you cook and you should rely more on their own feelings. Jump to: