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Topic: I have 12 Bitcoin. What should I do??? - page 96. (Read 18634 times)

full member
Activity: 266
Merit: 108
December 25, 2017, 11:02:59 AM
Quote
Edit: I have changed almost all of my Bitcoin into Bitcoin Cash (scalability issues are becoming an increasing problem in Bitcoin and bigger block sizes seems like the way to go). Since making this post I have also increased my portfolio. Time to hodl. I think I will invest 20% of the rest of the Bitcoin that I have into altcoins.


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.

That's really great sir you really have the nack to earn money via cryptocurrencies.12 BTC in just 6 months is a very good achievement.I think if you can make such decision and drop the college to make your living out of cryptocurrencies then instead of asking advices you should make your own decision.
full member
Activity: 280
Merit: 102
December 25, 2017, 11:01:26 AM
you should sell some bitcoin you have and invest in some good alt-coin and wait for your investment success
member
Activity: 280
Merit: 10
Araw ICO
December 25, 2017, 10:52:08 AM
Continue to invest in cryptocurrency,and multiply their assets, would have left 50% in bitcoin, the rest distribute to the altcoin and ICO
full member
Activity: 154
Merit: 100
December 25, 2017, 10:18:45 AM
I think that the sell bitcoin for dollars is very foolish. Better or leave them, or partially invest in ICO. Anonymous Kid was able to earn very much. Smiley
member
Activity: 73
Merit: 10
December 25, 2017, 10:17:18 AM
You should do pretty the same, what you did during these 6 month)) You're really cool. And you don't need the suggestions from here)))
member
Activity: 266
Merit: 10
December 25, 2017, 10:13:37 AM
That's a lot of money. You can sell some bitcoins for fiat money, and then sell some of them and invest in ICO, and then you're going to be a winner in life. Grin Grin Grin
full member
Activity: 182
Merit: 100
December 25, 2017, 09:55:17 AM
Just keep holding the bitcoin and continue what you are doing in  earning more bitcoin for the last 6 months , another 6 months is no big deal to add another 10+ bitcoin during that time then you'll have more than 20 bitcoin, it's probably the time to cash out like 10 Bitcoin leave the rest as your investment and then buy some altcoins for another investment then take a vacation,go on cruise and enjoy the fruits of your bitcoin.
brand new
Activity: 0
Merit: 0
December 23, 2017, 10:07:11 AM
Keep hold of them and see what they can do!

Might be worth a lot more in the next 6/7 months!
full member
Activity: 284
Merit: 100
December 25, 2017, 09:51:53 AM
Quote
Edit: I have changed almost all of my Bitcoin into Bitcoin Cash (scalability issues are becoming an increasing problem in Bitcoin and bigger block sizes seems like the way to go). Since making this post I have also increased my portfolio. Time to hodl. I think I will invest 20% of the rest of the Bitcoin that I have into altcoins.


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.


Do you know how is that in my country? it is equivalent of 8.7M in my country its a very large amount of money. I wish I could have that sooner or later. But base on your statement I observed that your good in altcoin trading, you know how to roll your capital in terms of invesment. You know how to discipline yourself in this matter. I think you better continue what your doing anyway mate. It is because you know what you're doing dude.
newbie
Activity: 94
Merit: 0
December 25, 2017, 09:24:03 AM
if like that, i will sale my bitcoins and buy bitcoin cash.

why?

because, i have read a post on instagram...

"Founder of bitcoin site selling all his bitcoin. Emil Oldenburg, co-founder and CTO of bitcoin.com site, has sold all its bitcoins because it assesses the risk of bitcoin is very high. He said "people want it like this, they see bitcoin as digital gold, not as a real-use item. As long as the network is still run by these people, the bitcoin willn't be the 'currency' that can be used for the needs everyday, the solution is in Bitcoin Cash, there I see the future. "

So... How?
legendary
Activity: 968
Merit: 1000
einc.io
December 25, 2017, 08:46:15 AM
You can significantly increase your capital if you are an experienced trader by selling BTC for USD at high and buy at low vice versa. But if you are not a trader my advece is just buy some top10 coins + some small cap coins which can make good profit in a short period of time.
full member
Activity: 1048
Merit: 101
December 23, 2017, 08:30:31 AM
I'm more interested in the story than the question, how can you think of investing in that hype, give me an input to analyze it or something else.
My suggestion, I think it's better to return again with the first to the third option, because we also do not know how our future will be.
hero member
Activity: 1218
Merit: 557
December 23, 2017, 08:06:47 AM
I think you should split your two bitcoin, 50% in bitcoin and 50% in other altcoins, like IOTA, ripple, stelar lumens, eth, btg, etc., because bitcoin is very volatile

This is an ideal option of investing in altcoin would be fruitful in near term. Some investment is good in BTC and others could be invested in major top 10 altcoin and some % should also be invested in the new ICO so that you can advantage of the price which is being offered at discount during ICO stages. This way you would stay invested in good coins and also in news coins as well.

newbie
Activity: 56
Merit: 0
December 23, 2017, 07:59:29 AM
On my mind you should invest in altcoins and leave a little in Bitcoin
sr. member
Activity: 568
Merit: 254
December 23, 2017, 07:47:51 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. Finally, I got in on Wincoin before it got to coinmarketcap and turned a 20x profit.

Just continue what you are good at and save half of your BTC for long term. I think you are better than others that advice here. If your strategy is working just keep doing it, ask an opinion if your current strategy is not working anymore.
full member
Activity: 756
Merit: 100
December 23, 2017, 05:16:05 AM
I think you should split your two bitcoin, 50% in bitcoin and 50% in other altcoins, like IOTA, ripple, stelar lumens, eth, btg, etc., because bitcoin is very volatile
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
December 23, 2017, 05:13:00 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. Finally, I got in on Wincoin before it got to coinmarketcap and turned a 20x profit.


invest some in altcoin, don't let your bitcoin sit there do nothing, it's a waste, invest wisely not random, there are some good alt that can go very high like bitcore for example
hero member
Activity: 545
Merit: 500
December 23, 2017, 05:11:15 AM
Send me them 12 Bitcoins  Grin


On a serious note, I would invest in multiple altcoins and always hold at least 1 bitcoin just so that you don't regret it when it explodes to multiple figures in the future. I mean $100k+
full member
Activity: 182
Merit: 100
December 23, 2017, 04:57:45 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. Finally, I got in on Wincoin before it got to coinmarketcap and turned a 20x profit.


Very inspiring story by you. It's glad that you asked the community for an idea. From my side, I would ask you to go with the 2nd idea pf investing half into bitcoins and other half in altcoins.That means leave 6 BTC as it is and invest the other 6 BTC into altcoins like BCH, ETN, ADA and IOTA.
full member
Activity: 434
Merit: 100
December 23, 2017, 04:51:00 AM
twelve bitcoins is a huge amount which I think it ranges up to one hundred thousand US dollars. .
I think the best thing to do is hold it to gain more value from it since it is a huge amount. You may spend in some circumstances but investing it is more wiser choice that you should consider.
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