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Topic: Just made a million by investing an ICO with my friend, what now? - page 3. (Read 587 times)

newbie
Activity: 18
Merit: 0
Two months ago I found a website with all sorts of ICO information.
Immediately I told my friend Edward and after researching on Holdernews for 3 days,
together we put 5000 dollar to invest
the token had just hit 1 million dollar yesterday on OKEX
What now, how should we split?


1 mill is a lotta money, congrats anyway!
newbie
Activity: 154
Merit: 0
Two months ago I found a website with all sorts of ICO information.
Immediately I told my friend Edward and after researching on Holdernews for 3 days,
together we put 5000 dollar to invest
the token had just hit 1 million dollar yesterday on OKEX
What now, how should we split?



I think you have misunderstood.
You probably meant that the Market Cap hitted 1 Million or maybe the Volume?, not that you made $1000000.

From $5000 to $1000000 is an increase of 199900%.
There are no cryptocurrencies or tokens that have had that  amount of percentage increase in the past months.

Lol its not 199900% its about 19990% or 200x
hero member
Activity: 1218
Merit: 557
Two months ago I found a website with all sorts of ICO information.
Immediately I told my friend Edward and after researching on Holdernews for 3 days,
together we put 5000 dollar to invest
the token had just hit 1 million dollar yesterday on OKEX
What now, how should we split?


Its quite simple divide the profit in a ratio of the amount of investment made. And if you do not want to withdraw and still want to make more money from it so that both of them buy some other tokens or invest in btc and hold it for another few months. When require money then only sell or else let your money grow with the rise of the price of the coin you will purchase.
jr. member
Activity: 319
Merit: 1
50/50 and do what you want with your half. I would invest 50% and keep the other half. Not forget to oppen your own account in your own name. 2 friends trading at 1 account sounds like problems to me ,)
member
Activity: 350
Merit: 13
Two months ago I found a website with all sorts of ICO information.
Immediately I told my friend Edward and after researching on Holdernews for 3 days,
together we put 5000 dollar to invest
the token had just hit 1 million dollar yesterday on OKEX
What now, how should we split?



I think you have misunderstood.
You probably meant that the Market Cap hitted 1 Million or maybe the Volume?, not that you made $1000000.

From $5000 to $1000000 is an increase of 19900%.
There are no cryptocurrencies or tokens that have had that amount of percentage increase in the past months.
sr. member
Activity: 430
Merit: 250
You should split your money into different projects that are really promosing for 2018. But you should also hold a good amount of Bitcoin or Ethereum, because both are safe invests and you should also cash out some fiat!
jr. member
Activity: 196
Merit: 6
https://cryptotvplus.com
Congratulations to you both. For you to reach this far, I don't think you need advice to guide your investments. Congratulations once again.
newbie
Activity: 320
Merit: 0
Two months ago I found a website with all sorts of ICO information.
Immediately I told my friend Edward and after researching on Holdernews for 3 days,
together we put 5000 dollar to invest
the token had just hit 1 million dollar yesterday on OKEX
What now, how should we split?

Attaboys! I agree that 50% of the funds should be allocated to other Altcoins. Moreover, right now the market drawdown and prices are very good.
hero member
Activity: 826
Merit: 500
Two months ago I found a website with all sorts of ICO information.
Immediately I told my friend Edward and after researching on Holdernews for 3 days,
together we put 5000 dollar to invest
the token had just hit 1 million dollar yesterday on OKEX
What now, how should we split?

Congratulation guys! You have reached quite fast what others reach during their whole life. Do not rush, I would advise you to distribute this amount of money among some solid coins from top 10-20 to be sure that one day you will not lose all your savings and your coin was not just pump and dump.
full member
Activity: 474
Merit: 101
As said above , this had to be planned beforehand so to avoid problems up to the hilt .
If I were you, I would withdraw 50℅ and reinvest the other 50℅ in order to keep the investment operation continuously executed
newbie
Activity: 126
Merit: 0
Congratulations, you can use the money to invest in other ico projects! 2018 will be a year of blockchain technology.

You are looking for some good ico projects, and good luck will bring you benefits!

member
Activity: 252
Merit: 11
Cool, I congratulate you and your friend. Continue to invest, to spend a small part of the profit is a sin not to note such an event. Wink
jr. member
Activity: 252
Merit: 4
What ICO was? Congratulations... you are a rich man now! If I were you, I would sell at least half and make diversification to protect your gain...
newbie
Activity: 224
Merit: 0
Now just do not rush, invest further, make more money and have a rest! Make your dreams come true!
Just enjoy it!
member
Activity: 560
Merit: 13
Two months ago I found a website with all sorts of ICO information.
Immediately I told my friend Edward and together we put 5000 dollar to invest
the token had just hit 1 million dollar yesterday on OKEX
What now, how should we split?

That's must be in your planned. If your investment are well divided then you should split you profits equally. I think you can solve your problem together with your friend not us. But in my opinion, you can hold your coins because I think this is the bullish time of it specially that the coin moves up yesterday. Hold till you know that the price will slowly goes down.
newbie
Activity: 7
Merit: 0
Two months ago I found a website with all sorts of ICO information.
Immediately I told my friend Edward and after researching on Holdernews for 3 days,
together we put 5000 dollar to invest
the token had just hit 1 million dollar yesterday on OKEX
What now, how should we split?

update:
200x is reasonable since we buy in at the price of PRIVATE SALE
I know, right? The ICO game is rigged... people investing in private sale stage always get the best price...
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