What will you do if you own 21 BTC? - page 40.

avw1982

hero member

Activity: 644

Merit: 500

Quote from: OrangeII on July 07, 2016, 07:25:37 AM

I think this time I will make it even more, because I feel we need a bitcoin is very much in the future. but, maybe some bitcoin I would sell for a business beyond the Internet

Oh good If I have 21 btc, I would sell it now without thinking again now the price of bitcoin rise sharply, I think enough to prepare a greater advantage because when the price goes down I'll buy bitcoin again with that profit.

co5hike

hero member

Activity: 798

Merit: 1000

Quote from: OrangeII on July 07, 2016, 07:25:37 AM

I think this time I will make it even more, because I feel we need a bitcoin is very much in the future. but, maybe some bitcoin I would sell for a business beyond the Internet

Half of them should be sold and invested in real life business to earn stable income, and half of them should be kept on hold for the future to earn higher profits when price is higher.

OrangeII

hero member

Activity: 2072

Merit: 503

I think this time I will make it even more, because I feel we need a bitcoin is very much in the future. but, maybe some bitcoin I would sell for a business beyond the Internet

Shibashi Dogemoto

hero member

Activity: 840

Merit: 1000

Quote from: Maesters1- on July 07, 2016, 06:49:16 AM

Quote from: saiha on July 05, 2016, 10:01:39 PM

Quote from: drwtsn32 on July 05, 2016, 12:26:36 PM

Quote from: ?? on ??

Right now I would wait for the halving to take place and then use that BTC (or exchange it into fiat, if I am still in my country where one cannot spend Bitcoin directly) and start my own business. Depending on the prize of BTC by the halving, I might consider using that money to buy a house, instead.

Starting a business not involving cryptocurrency but fiat money is better and easier to establish.
There's not much successful businesses in Bitcoin today or never there'll be. Why?
Because it's a digital currency. And all other reasons will come from that.

This is what I'm going to do also I'm going to cash it out and going to invest for the real business that is not related to bitcoins also.
And maybe I'm going to focus on it or if not I'll just going to keep holding my bitcoins.

yes that is a good decision but i will like to say that i will hold it for the price increase and when ever feel the need of money i will certainly cash it to fulfil my needs, i think every one is earning money for to fulfill their needs.

Yes and if price goes higher and allowing us to make good profits then we should surely sell our coins, at the primary goal of investing is to make profits from it.

Maesters1-

sr. member

Activity: 252

Merit: 250

Quote from: saiha on July 05, 2016, 10:01:39 PM

Quote from: drwtsn32 on July 05, 2016, 12:26:36 PM

Quote from: ?? on ??

Right now I would wait for the halving to take place and then use that BTC (or exchange it into fiat, if I am still in my country where one cannot spend Bitcoin directly) and start my own business. Depending on the prize of BTC by the halving, I might consider using that money to buy a house, instead.

Starting a business not involving cryptocurrency but fiat money is better and easier to establish.
There's not much successful businesses in Bitcoin today or never there'll be. Why?
Because it's a digital currency. And all other reasons will come from that.

This is what I'm going to do also I'm going to cash it out and going to invest for the real business that is not related to bitcoins also.
And maybe I'm going to focus on it or if not I'll just going to keep holding my bitcoins.

yes that is a good decision but i will like to say that i will hold it for the price increase and when ever feel the need of money i will certainly cash it to fulfil my needs, i think every one is earning money for to fulfill their needs.

PokerFace3

hero member

Activity: 700

Merit: 500

Quote from: ?? on ??

Right now I would wait for the halving to take place and then use that BTC (or exchange it into fiat, if I am still in my country where one cannot spend Bitcoin directly) and start my own business. Depending on the prize of BTC by the halving, I might consider using that money to buy a house, instead.

yeah i will do the same, exchange it to fiat and I'll get a better place for investment because we may never no what might happen and the price of 1 BTC would fall to $1(not possible though) than all my hardships would be doomed for nothing and I would be regretting for the rest of my life about it.

neonshium

hero member

Activity: 1134

Merit: 515

Quote from: dezoel on July 05, 2016, 09:56:27 AM

If I am holding that amount then I would prefer to sell it and convert it to my local currency and with that money I will start my own restaurant business.

I would have done the same as of right now since there is somewhat an exciting (not really) expected price increase after the halving. After that, I would have to see at what point it would reach the highest peak and try to convert it as close as possible to that point.

saiha

hero member

Activity: 840

Merit: 501

Strength in Numbers

Quote from: drwtsn32 on July 05, 2016, 12:26:36 PM

Quote from: ?? on ??

Right now I would wait for the halving to take place and then use that BTC (or exchange it into fiat, if I am still in my country where one cannot spend Bitcoin directly) and start my own business. Depending on the prize of BTC by the halving, I might consider using that money to buy a house, instead.

Starting a business not involving cryptocurrency but fiat money is better and easier to establish.
There's not much successful businesses in Bitcoin today or never there'll be. Why?
Because it's a digital currency. And all other reasons will come from that.

This is what I'm going to do also I'm going to cash it out and going to invest for the real business that is not related to bitcoins also.
And maybe I'm going to focus on it or if not I'll just going to keep holding my bitcoins.

drwtsn32

sr. member

Activity: 476

Merit: 250

Quote from: ?? on ??

Right now I would wait for the halving to take place and then use that BTC (or exchange it into fiat, if I am still in my country where one cannot spend Bitcoin directly) and start my own business. Depending on the prize of BTC by the halving, I might consider using that money to buy a house, instead.

Starting a business not involving cryptocurrency but fiat money is better and easier to establish.
There's not much successful businesses in Bitcoin today or never there'll be. Why?
Because it's a digital currency. And all other reasons will come from that.

Skaven

sr. member

Activity: 260

Merit: 250

What would i do when in have 21 bitcoins i think i will hold them til the price of the bitcoin is that high sell them and go on a well deserved vacation because
that is all what i need right now i need a vacation the sun beach nice.

bitcoinhopper

sr. member

Activity: 336

Merit: 250

Bravity is beautiful.

Simply holding is already good and that is also what I would do just hold the bitcoin for a nice time.
The halving is also coming so it will be profitable to just hold this amount of bitcoins right now.

dezoel

legendary

Activity: 2044

Merit: 1075

Leading Crypto Sports Betting & Casino Platform

If I am holding that amount then I would prefer to sell it and convert it to my local currency and with that money I will start my own restaurant business.

worhiper_-_

hero member

Activity: 700

Merit: 500

I guess to own 21 BTC. means that i worked it out.
so i guess i would most likely spent it in one way or another. Either help my daily life get better. Either Donate some or most likely buy merchandises or buy myself a new car.. i really am not sure because it depends on the time you receive it . but lets say i own them right now.. i would most likely buy a car.

n691309

legendary

Activity: 1526

Merit: 1001

Quote from: 21BTC on May 27, 2016, 12:23:47 PM

It was my little dream to own 21 BTC and today i achieved it after hard work of so long time.Now i want to make my hard work pay me.I mean,i want that these bitcoins work for me someway and grow.Is there bitcoin bank that pays interest? What will you do with 21 BTC? How will you spend it? How will you grow it? Share anything you want that may help me to decide what should i do.

I would call myself as one in a million holding at least 21BTC, I'll not think how to spend them unless I 'must' to spend for emergencies situation, i will invest or trade them to increase the volume. When you have bigger volume its riskier to trade but the profit is bigger than 'playing' with low amounts.

mark coins

hero member

Activity: 910

Merit: 1000

Quote from: ?? on ??

Well If I own 21 BTC I would probably convert half into fiat. I will use half in altcoin trading to profit but ill be very careful in buying coins. Well Ill do some research before buying to make sure ill not lose half of it.

If you are planning to convert it to fiat then I think you should wait till the halving, as at that time price will be higher so you can hold higher amount of fiat.

The_electra

newbie

Activity: 12

Merit: 0

If i am lucky to had 21 btc in my wallet i will hold it or i will use it to invest make my own site blog related in bitcoin that can help community or other people..

co5hike

hero member

Activity: 798

Merit: 1000

Quote from: Maesters1- on July 05, 2016, 06:34:42 AM

Quote from: saiha on July 05, 2016, 01:40:41 AM

Quote from: FoendyZ on July 05, 2016, 12:59:49 AM

if i have 21 bitcoin, i want btc to investmnent, real mining trading bitcoin trading altcoin, and open store online with bitcoin

I think mining is going to be hard in the future and definitely will be out of the league. I would say that it is better if you are going to hold out that 21 bitcoins at all.
Or not put it on a trading sector or build up your own exchange site.

yes that is a good idea. but i think it is very difficult to built up exchange with such a little amount. i think it is better to hold the 21 bitocin for the price increase. i am still hopeful that the price of bitcoin will increase very soon.

Yeah and now very few days left for the halving so it will be really good to hold it without taking risk of investing it anywhere, as price will start rising halving gets near.

youhgt2

full member

Activity: 124

Merit: 100

in present time my preyority is to hold as much bitcoin as i can.

Maesters1-

sr. member

Activity: 252

Merit: 250

Quote from: saiha on July 05, 2016, 01:40:41 AM

Quote from: FoendyZ on July 05, 2016, 12:59:49 AM

if i have 21 bitcoin, i want btc to investmnent, real mining trading bitcoin trading altcoin, and open store online with bitcoin

I think mining is going to be hard in the future and definitely will be out of the league. I would say that it is better if you are going to hold out that 21 bitcoins at all.
Or not put it on a trading sector or build up your own exchange site.

yes that is a good idea. but i think it is very difficult to built up exchange with such a little amount. i think it is better to hold the 21 bitocin for the price increase. i am still hopeful that the price of bitcoin will increase very soon.

pooya87

legendary

Activity: 3472

Merit: 10611

Quote from: shinratensei_ on July 05, 2016, 02:24:16 AM

Quote from: saiha on July 05, 2016, 01:40:41 AM

Quote from: FoendyZ on July 05, 2016, 12:59:49 AM

if i have 21 bitcoin, i want btc to investmnent, real mining trading bitcoin trading altcoin, and open store online with bitcoin

I think mining is going to be hard in the future and definitely will be out of the league. I would say that it is better if you are going to hold out that 21 bitcoins at all.
Or not put it on a trading sector or build up your own exchange site.

NO recommended to try mining after halving because the difficulty is going to more hardest than many time before. I think to put in the trading site is the best way to rotate the BTC to get more profit but don't put them into gambling because you can loss all your btc in a short time.

there is no general rule for these things like mining and what to do with your bitcoin, i have seen people who are still mining and making profit from it on this forum and many others are trading so you can't really recommend or deny someone from doing any. you should always do some calculations yourself and see if you are capable of doing it or not.

Topic: What will you do if you own 21 BTC? - page 40. (Read 41066 times)