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Author Topic: What will you do if you own 21 BTC?  (Read 41036 times)
Shibashi Dogemoto
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May 27, 2016, 09:38:31 PM
 #21

i want that these bitcoins work for me someway and grow.Is there bitcoin bank that pays interest?

There are some investing options, but all carry risk. You could loose 21 or part of your Bitcoins if the investment goes wrong, so most safe is store your 21 Bitcoins to cold wallet if your not ready to risk loosing the 21 Bitcoins - do not invest your not comfortable to loose.

You cannot afford to take risk at this stage by investing it online, as majority of sites are ponzi who will not pay you anything in return, its good to hold till the halving.
kalaria
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May 27, 2016, 09:50:59 PM
 #22

I invest 1 btc in altcoins but 20 btc l hold in my wallet when price will rise in the future:-)
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May 27, 2016, 10:00:41 PM
 #23

I invest 1 btc in altcoins but 20 btc l hold in my wallet when price will rise in the future:-)

You can invest in altcoin or Eth or even in gold, as its always good to invest in multiple products as it also reduces you risks,  but majority of coins should be kept on hold at this stage.
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May 27, 2016, 10:52:23 PM
 #24

if i have 21 btc now i can use it for my summer holiday because i dont have money for to go summer holiday for this year
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May 27, 2016, 11:39:04 PM
 #25

if i have 21 btc now i can use it for my summer holiday because i dont have money for to go summer holiday for this year
it is nice and fun, but if you still think that your money is being a little bit. better use 21 BTC it for something useful, the current bitcoin prices continue to rise. and this is very good for investment

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May 27, 2016, 11:46:00 PM
 #26

Honestly I would just hold them till the halving has been done and than sell them for a good and profitable price.
I think you can make a lot of profit if you do this.


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ajareselde
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May 27, 2016, 11:56:28 PM
 #27

I would personally just try to keep my coins secure and stashed, and not invest them and risk losing part of it due to bad calls and what not.
Time will increase their value anyways, so there's little point of doing anything else imho.

At least wait to see what this year will put out with halving and press coverage that's imminent.
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May 27, 2016, 11:56:55 PM
 #28

You'll have even better bragging rights if you can sign a message from the Wallet Address they are in.

As to the coins, you can go a few ways:  Loan them out for a small fee,

Snap up Alt Coins at one sat in bulk and then list them at 2 sats, 3 sats etc.  It doesn't matter if it's ten, ten thousand or ten million of a coin you can put 1 (hundred, thousand, million) each at 2 - 10sats, once you've sold at 2,3, 4 and into 5 you've recovered your outgoing and the rest is Jam.  If the coin doesn't perform, you can dump at what you bought them for and have only lost out on the transaction fee. (or just buy at one and sell at two and double your money - there's infinite ways to go)

Buy extra hashing power and mine more coins.

Put them into Paper Wallets and then into a bank vault for the future (your children's College fund perhaps?)

Unlike PoS coins BitCoins won't accrue interest on their own, however their intrinsic value could well rise again.

Good luck, use Escrow for such a large amount and use common sense - if it sounds too good to be true, chances are it is...

iv4n
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May 27, 2016, 11:59:20 PM
 #29

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. Smiley

First congratulations on your big achievement, I believe it wasn't easy. But I'm a bit confused how you don't know what to do with that money. Can you invest in same thing that helped you to made that amount of money?

Second if you planted something anx harvested 21 btc, what to grow more? Its time for enjoying in product's, and plant some amount in different kind of things.

Its individual, but I would enjoy in gambling with high stakes for sure, and probably I would put some money in alt coins. From that amount 3 btc would go in cold storage.


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hasiramasenju
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May 28, 2016, 04:22:10 AM
 #30

in these few days bitcoin prices movement looks very good and today the prices will almost reach to $500 so if i have 21 BTC i would sell 11 BTC if the prices reach to $500 and i would use 5 BTC for gambling and save the rest for my future investment
novemberwoah
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May 28, 2016, 04:48:17 AM
 #31

Yes maybe I'll invest in order to multiply.
And I will keep collecting until I get more.
rio3233
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May 28, 2016, 05:06:32 AM
 #32

I will seperate my bitcoin into 2 wallets. 1 wallet for investment around 10 bitcoins and 1 wallet for gambling stuff, i take 5 bitcoins and  the rest i turn it into fiat.
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May 28, 2016, 05:21:55 AM
 #33

my first priority will be to store it and hold it for a good price, but if I feel necessary I will use it for my needs, I will use it as a legal currency. I want bitcoin to be use it as we have some currency in our pocket and while walking in bazar we buy some thing we like in bazar. so I want bitcoin to use it in same way. I think it will be a nice feeling when we will use it as a legal currency.
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May 28, 2016, 06:10:22 AM
 #34

i want that these bitcoins work for me someway and grow.Is there bitcoin bank that pays interest?

There are some investing options, but all carry risk. You could loose 21 or part of your Bitcoins if the investment goes wrong, so most safe is store your 21 Bitcoins to cold wallet if your not ready to risk loosing the 21 Bitcoins - do not invest your not comfortable to loose.

You cannot afford to take risk at this stage by investing it online, as majority of sites are ponzi who will not pay you anything in return, its good to hold till the halving.


wonderful if I own 21 btc then I will hold few month and after some time sell  the bitcoin, i will invest money online for future that time when will come any problem then I will use invest money.
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May 28, 2016, 06:19:47 AM
 #35

I will use it to buy a home. and used partly for investment in the trading world. I want to double bitcoin I have.
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May 28, 2016, 07:04:55 AM
 #36

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. Smiley

the fatest way to lose 21 BTC is to put it in "a bank which pays interest".

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May 28, 2016, 07:08:50 AM
 #37

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. Smiley

i have seen a couple of exchangers (not exactly bitcoin banks) that pay you interest for your deposits but you can never trust an exchanger or any bitcoin bank for that matter just google about cryptsy, mtgox and all those people who lost their bitcoin because they have invested them in these exchangers and now are at a loss after all these years.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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May 28, 2016, 07:13:50 AM
 #38

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. Smiley

i have seen a couple of exchangers (not exactly bitcoin banks) that pay you interest for your deposits but you can never trust an exchanger or any bitcoin bank for that matter just google about cryptsy, mtgox and all those people who lost their bitcoin because they have invested them in these exchangers and now are at a loss after all these years.

If you were looking for something legitimate to deposit BTC in, you could always try to invest in the JustDice bankroll or the bankroll of some other similar gambling site. The law of large numbers means that in the long run you will get some profit.

No longer active on bitcointalk, however, you can still reach me via PMs if needed.
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May 28, 2016, 08:12:02 AM
 #39

I would like to congratulate you on this milestone of accumulating 21 Bitcoins which is no small feat whatsoever. If I were you I would simply continue to keep these coins in a cold storage and wait for the price to increase. I know I may sound like a broken record repeating the same old stuff over and over again, but the truth is that no bank in the world could offer you a better interest rate than the inherent investment value of Bitcoin on its own. Of course Bitcoin is very volatile right now and big swings in price can happen but if you take the risk of holding Bitcoin you might very well get  a much higher reward in the future. If you are in need of fiat you could always convert back and forth but honestly Bitcoin as a store of value can yield the highest profit ever. Just my 2 cents.
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May 28, 2016, 08:40:33 AM
 #40

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. Smiley
By today's rate 21 btc is around $10,000 i would do anything taht i would have done with $10k maybe buy somethings or gamble it around as its bitcoin.
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