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Topic: I have 12 Bitcoin. What should I do??? - page 87. (Read 18651 times)
donate some satoshi so i can buy my wife a nice pair of shoes to keep her calm! 1BpUCcbPYjG3PqKNbYrpivVRFg2Kazpygj
I prefer to buy some altcoin on an ico project because coin prices are so cheap. then I hold a bit of bitcoin to hold it. I think it is an effective way for you to grow your bitcoin so you earn a good and maximum income.
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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 $40 (I can't quite remember). Then, I rode the hype of Ethereum Dark, eBitcoin and a few other airdrop scams. Finally, I got in on Wincoin before it got to coinmarketcap and turned a 20x profit.
I think if you are able to have 12 btc in a half a year you really don't need our answers) you understand what you are doing so just keep this way up. about 50% I would invest to alts. the 3rd paragraph is not a good idea. it will take lots of your time and much more money than you have.
Diversifying your coins is better. You are a young man, with bitcoin’s quantity you have, I really admire your talent for investing BTC. However, crypto market is notoriously volatile, it requires you a lot of risks. I don’t know which choice is the best for you know, but for my experiences, I advise you to option 2 : Investing in altcoins and leaving some bitcoin, it may be not the best choice but it may a safe choice for you. I think you inherently have your decision, you can consider closely to your situation cause only you know what’s your situation now. 
First of all You should store them in a hardware wallet. then you can splite to ethereum-bitcoin cash-bitcoin for long term investments.
And also never tell that you have 12 bitcoins to your friends. Time is bad dude people may want to steal your bitcoins.
And also never tell that you have 12 bitcoins to your friends. Time is bad dude people may want to steal your bitcoins.
sell now than on its price down lower. or if not just use coins to buy the other in order to obtain a bigger profit than other coins that are rising as well.
he doesn't have 12 bitcoin.he just want you to know he invented at skycoin.
unify and rupx is better
unify and rupx is better
Hold till 30k$, I think. Otherwise - invest in a decent ICO and double-triple your money faster.
just use the bitcoin which you have to buy another altcoin that much more potential in order to obtain a larger income and maximum. because of its own current bitcoin is very difficult in the price increase.
This is a great opportunity to secure a continued existence. In my place, I would distribute this: 50% in bitcoin and 50% in top altcoyins. So your money will be safe.
I agree, if you have 12 Bitcoins, it is better if you will get other coins aside from Bitcoin. It is safer and more profitable if you have different coins not just Bitcoin. Some good altcoins are Ethereum, waves and ripple; so I suggest to buy some of it and keep them together with your Bitcoin.
If 12 btc a really significant amount of money for you, take advantage of it. Put 100k on your mortgage, if you don't have a mortgage, pay off all your debt. Keep the rest and invest in altcoins, you got to 12 btc because you knew what you we're doing probably, keep doing that.
it depends on you,if you want to grow your bitcoin then trading best options if you have 12 bitcoin, you can use it for ico or other altcoin investments
If you really have 12 bitcoins then I would consider first my financial situation.
If you have a regular job, you can pay your mortgage and your houses expenses then you are a very very lucky person.
Do nothing, keep your coins.
Today they worth $158k and if one Bitcoin in the future worths 90K you'll have 1 million.
If you need money (fiat) for your daily life for all the above mentioned, then I would suggest you start spending right now.
Life is short my friend.
If you have a regular job, you can pay your mortgage and your houses expenses then you are a very very lucky person.
Do nothing, keep your coins.
Today they worth $158k and if one Bitcoin in the future worths 90K you'll have 1 million.
If you need money (fiat) for your daily life for all the above mentioned, then I would suggest you start spending right now.
Life is short my friend.
100% wow 
If you came that point from 0.01btc+$1000 to 12btc, I think you should definetly keep going what you did. If you were me, I'd prefer %50btc + %50altcoins.
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.
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.
Invest half in ETH,LTC,XRP
Wow! If I only have 12 Bitcoins in my hands this very moment I will surely invest it all to Bitcoin itself right here right now because I truly believe that bitcoin is the King of Cryptocurrency, although bitcoins market price is going down today but it never forgets to rise up again in terms of its market value. I'm very sure that bitcoins market value will rise again and I will be able to get back the money that I had invested for it.
I think you can divide the bitcoin, to 60% fixed in bitcoin and 40% to other altcoins, like ripple, xlm, eth, etc. and make a few percent bitcoin you to fiat is also not the dumbest idea, because it does not matter if you want to use the benefits of your money
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