Just made a million by investing an ICO with my friend, what now? - page 3.

Archstantonbees

newbie

Activity: 18

Merit: 0

Quote from: thomasyoung99 on March 04, 2018, 09:15:43 AM

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!

Hssn

newbie

Activity: 154

Merit: 0

Quote from: kahc on March 04, 2018, 10:07:32 AM

Quote from: thomasyoung99 on March 04, 2018, 09:15:43 AM

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

bitcoinisbest

hero member

Activity: 1218

Merit: 557

Quote from: thomasyoung99 on March 04, 2018, 09:15:43 AM

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.

Kurva

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 ,)

kahc

member

Activity: 350

Merit: 13

Quote from: thomasyoung99 on March 04, 2018, 09:15:43 AM

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.

Ai7xpressTV

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!

yomarve

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.

Igromania

newbie

Activity: 320

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Quote from: thomasyoung99 on March 04, 2018, 09:15:43 AM

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.

tom14cat14

hero member

Activity: 826

Merit: 500

Quote from: thomasyoung99 on March 04, 2018, 09:15:43 AM

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.

setifien19

full member

Activity: 472

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

xieqieshangu9

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!

myrliska1313

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

mariomerula

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...

kris679

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!

CASTIEL05

member

Activity: 560

Merit: 13

Quote from: thomasyoung99 on March 04, 2018, 09:15:43 AM

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.

thomasyoung99

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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