Topic: I have 12 Bitcoin. What should I do??? - page 82. (Read 18651 times)
Just hold on there and keep on Hodlin for dear life! I think Bitcoin will have another successful year in 2018.
Quote
Edit: I have now invested 100% into Skycoin
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.
12 bitcoin ? Am I the only who will be amazed in this coz I think it is already a big money? Well congrats to you. Even though I sum up the bitcoin earned it will never reach 12 bitcoin. If I where you, I will use it in trading. I will buy some good alts then I will going to hold it. We can get big profit from it. The bitcoin I did not use to buy crypto will remain in the wallet and I think i will cash out a little amount to buy whay I want
Just hold and when the price goes up do what you want.
Anyway you know what to do, reading your comment you have mastered the treading and much more
Anyway you know what to do, reading your comment you have mastered the treading and much more
At the moment it is time to HODL , you need to wait till market go up.
Hodl till the cows come home!
Of course it completely depends on your current financial situation...
Of course it completely depends on your current financial situation...
Just wondering, how much BTC / $ would you guys cash out on?
For me, 12 BTC would be quite a lot for some time and I'd probably cash out, were I in that situation.
For me, 12 BTC would be quite a lot for some time and I'd probably cash out, were I in that situation.
Send the bitcoin to me. I could certainly make use of the money. I would stack those 12 coins and create a chimney out of them. Then I would create an exhibit and collect a fee from curious visitors. Instant profit.
For me its better to keep holding a half of your bitcoin then invest the rest in the altcoin through treading, buy some amount of altcoin that give you big income in the future.
Melt a little for your needs for 3 months. and hold 30% btc. 40% for trading. the rest you can use to buy a coin that is potentially big will rise in this year. this is very useful for you
I would say either hold it in btc or invest in a number of currencies you have been researching.
I mean selling 1 or 2 btc could be a good idea for a safe bet though
I mean selling 1 or 2 btc could be a good idea for a safe bet though
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.
Create a small project that has great benefits and impacts,
besides doing hobby trading
besides doing hobby trading
if I had 12 bitcoins, I would leave 6 bitcoins on a cold purse, I would buy 3 bitcoins ETH, Xem, Strat. At 1 bitcoin would be invested in ICO (for example: GONetWork), for the remaining 2 bitcoins bought low-capitalized coins, but with high growth potential (WaBi, ICX, DRGN, Nebl)
I would hold 11 BTC and invest 1 BTC to Rebellious, Viberate and Stellar Lumens equally.
I did not see any point, you started with the lower amount of poem And have managed to get 12 Bitcoin which is not nearly normal and now you're asking what you should do with that. First, you should invest somewhere just like you have invested it till now. If you ask other people we are just going to say convert it into a faint when you hold your coin. By the way, it's good that you have invested your money in Skycoin. When I do not believe in on altcoins much because they are much violent.
:)I think you have done a good job... so as my opinion is just kept doing what you have been doing, personally I think that BTC is going to be soo expensive near future so if I was in your position I would hold half and another half will invest on ALT coins for investment. so its all up to you to take your own decision.good luck!! 
I think the best thing what can you do with 12 Bitcoins is to... HODL!!!
in different wallets... in different devices... and offline...
in different wallets... in different devices... and offline...
Quote
Edit: I have now invested 100% into Skycoin
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.
1 btc to 12 means your good at trading and evaluating the market so keep doing what your doing
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.
Same as you I have 13 Bitcoins and my plan is to hold 50% than invest into other coins like Verge, Ripple, Tron and Oyster.
While I have a full time job that's enough to support my family needs I want to invest in Altcoins and watch them grow. I will never dump them unless I need funds for my project like house renovation and other important personal needs.
While I have a full time job that's enough to support my family needs I want to invest in Altcoins and watch them grow. I will never dump them unless I need funds for my project like house renovation and other important personal needs.
The most logical step would be to put some BTC away and forget about it. You'll need that as your livelihood/it's good to secure some profits. Take the rest and start investing, this climate is still ripe for good gains. Once you've accrued more wealth, if you're really serious, then you can start your own coin. Or go and join a team.
if I think half of the bitcoin is invested half more to buy some altcoin for the future.
Jump to: