Topic: What are your plans with your Bitcoin? - page 48. (Read 130607 times)

I agree thumbs up for you man. Family first because first is you dedicated your life to make money to yourself and for your family if you have. My plans afterwards is making or establishing my own business which can be a good source of passive money.

It is good that your first priority is your family in the future im in that dream too where im planning to save all my bitcoin for the future family which i want my son became like me soon where he will become a cyrpto traders and investors too and that money will help me too in case of the time to spending in emergencies.

My plans with bit coin is to improve my knowledge knowing all the possibilities and importance of bit coin as new member further more i will share this to my love ones and friends

Actually just one of my plans for bitcoin is for the future of my family and to help my parents and my brothers.
I have only one plan to hold bitcoin for the emergency needed and family future.

actually, i am converting half my bitcoin to bitcoin cash now, then no matter who will win at last, i will not lost all my chips, bitcoin is the source of so many fork coins, but there are too many problems with it which will prevent its real use

If talking what I do with bitcoin I invest it for long-term savings other than as a daily necessity.Besides that many things I dreamed of among others as business capital, savings, and buying a home
.

Same here, I am also saving my bitcoin for my future use like building my dream house and to make business. I want to retire as early as I can and just travel and enjoy mother earth. So as of now I will keep on hustling to earn more bitcoin.

I plan to keep bitcoin as long as possible, I'm not planning on selling bitcoin if it does not need money, I'm sure the future of bitcoin will continue to improve and become a very profitable investment in the future and invest it to make it grow. And when my bitcoin grow I will sell half of it.and when I get more money on bitcoin I can buy valuable items for my family.

My plans  to hold Bitcoins auntil it will  get the value about  40000-5000$  then will use  them to build my  own house. Plans are very simple

my bitcoin plan will increase its price, and how can I do it
? there's a lot of ways to make big money on bitcoin, firstly you need to invest when your token is bigger you can make a bigger profit and plan to expand it and grow up to 1million bitcoin in my account and and of course I help the newbie to be interested in bitcoin

I have plan with bitcoin for my future.bitcoin is my asset when i have needs i can sell it.i can sell anytime on emergency situations.

I plan with my bitcoin is to convert with fiat money when it comes a little more to start over a small business, and to finish the constract building house in the province.

I plan on retiring here within the month if lucky.

(trying to wrap stuff up at work and make the move health care etc...a pain!)

But, trying to be a responsible adult...don't need crypto to retire but it is a nice 'backstop' even if never used...

I am still minng, though at the rate all flavors of crypto is going up..it MAY be unlikely I will get any mining equip

again this year, just because....makes no sense ..(even if the equip did have good roi and not expensive ...which is iffy)

Thus filling up the following buckets as best I can, and all can be taken off like equip and elec from gross income..(including any crypto cash out of coins)

1) solo 401k self-employed socked w/as much as allowed for 2017.

2) solo 401k self-employed socked w/as much as allowed for 2018. (estimated..kept in an account as cash till prudent to fill it up)

3) electric/rent/etc from data hall and miners in basement

4) all medical insurance can be taken off gross if you are self-employed...thus with mining...set aside 2 years for that (also in cash for use or full buy out yearly)

5) an emergency fund of as much as I can think of needed for House/Medical/etc

Now, most will say ...why not keep all that in crypto...the 2017 and solo 2018 plans you can put your assets in crypto (after they go in as cash) but as my CPA
says, likely that is the last crypto you ever want to cash out!)

The other stuff is just peace of mind...I have been in crypto since 2013...I was there when 10 days or so, before the 2014 April deadline of doing taxes...the IRS

dropped the 2013 guidelines bomb out of spite..and I had to go to CPA and do a correction....which was fine....all that nice equip deductions! NO taxes paid!

But still, that is NOT why the IRS waited till 10 days before..was just to screw with us...so best to be aware they can always still drop a shoe, before April...

As to the Coinbase demand, of 2017, we want ALL your info on all 15 million folks on Coinbase...including passwords, because we found 3 people cheating w/IRS
using coinbase....

well having an emergency fund, above and beyond the solo 401k retirement stuff of 2017 and 2018 ..and also have my health insurance paid up in full up until
I'm 65 years old> (2 years)...I plan on taking my Soc Sec at 66 and 3 months which is the full status on such...

All seems prudent

so

1) IF BTC does its past history of a 30% correction, I can pat myself on the back and have all this cleaned up and in place, and pat myself on the back.

2) IF BTC and other cryptos I have tripled in value or something, and I had this stuff out in cash too soon, on this me being cautious....well, that won't matter much

at those prices to me either...

win/win/win

time/backups/pump (or so I hope)

anyway, how I'm approaching mining in 2018 and free some crypto back to $$$.....

I used to do the above as a 'hedge' with equip ...betting like this...but with solo 401k and electric/data hall rent, now medical insurance all ACTING LIKE equipment
in being taken off my gross earnings in 2018.....why get dubious miners (at least until say June 2018..maybe for fun look around)

Again, beats...betting on March orders of L3+'s and other dubious cryptos for hardware stuff from Bitmain in 2018, esp with solo 401k and medical, being an IRS hedge
Just like, equip off my gross income


Anyway, times to buy equip and times not to buy equip, now is not the time for me and the above...but likely MAY crack on this around JULY 2018.....if/when some

product comes up that makes sense....but anyway, how I'm playing with the wealth...trying to be prudent in case 30-50% goes poof....

whatever you do for planning it is all about protecting the ego, don't ya know.....so even again if all crypto's pump 3-10x again.....

I have my reasons in place, for doing the above...

my 2 mbits worth!

later

brad

edit: solo 401k link....

https://www.checkbookira.com/

Again, that above works for medical all off gross income too, IF you are setup as self-employed in USA, (ie mining) IT must come from Income...site has

on the solo401k has a calculator on how much you make 'self-employed' with a solo 401k you can put aside...anyway link is for details

Yes, if I get bitcoin I use it to invest. Maybe I will open the store where the main payment method is bitcoin. That helped me accumulate bitcoin That's the purpose in the future. Now I have to earn as much as possible

Here are the list on what I'm going to do with my bitcoin.
First, i would like to invest more on bitcoin related companies like you, so that it will grow and multiply. Next, i would build another business my own business so that the money I get from bitcoin will be effective (is it the right term?). Then, I would help my family in terms of finances and give back all efforts that you receive. And lastly, i'll share my bitcoin to yhose who badly need it.

I know that earning bitcoin is not an easy that's why I am planning very hard on my plans for it in the future. Investments will be my main priority in the future knowing that bitcoin has a lot of new things to give to us and we should set ourselves ready for all of that. It is also expected that the value of bitcoin will still rise high so investing will surely be a good idea. Saving it for some of my needs is also included for the security of me and my family in monetary aspects.

I have a loy of plans with my bitcoin. I am planning to invest more in the future so that I can make sure that money will keep on coming. I am also saving some of bitcoin so that I can make sure that my future is well secured and I don't need to problem anymore anything when it comes to finances in the near future. There's a rumor also that bitcoin may end that's why I am making the most of it before the time comes.

I personally invest it to a different companies so that the value that I’ve got will be greater and higher. After, I’ll invest it so that I’ve got a high value of money and I will keep it on a high interest bank. And another thing is I personally support my family and mine also for our daily needs.

It's really good if we learn how to hold because in that way we can expect for the increase of value of bitcoin.
If we have been holding for 3 years already as of today, we are already millionaire and we are enjoy the profit because of the success of bitcoin.

I think now is still in a bull market, if selling the currency and encryption currency invest in the stock market may not very reasonable, I will be in 1 months after starting to sell their own currency, buying gold.