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Author Topic: What will you do if you own 21 BTC?  (Read 41031 times)
thejaytiesto
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August 15, 2016, 02:24:13 PM
 #401

If i own 21 bitcoins, the half of 21 bitcoins, i will turn it into fiat and the rest i deposit all into gambling sites especially sports betting. I'm sure i can make it growth.

How are you sure that you can turn gambling outcomes to be positive? because if you know that I want to know too. But the reality is that there is no surefire way to make more money, everything requires risk and gambling such amount of BTC is too much risk. If you want to risk it at least put it into the altcoin market in a coin with reasonable expectations for a pump.
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August 15, 2016, 02:36:41 PM
 #402

If i own 21 bitcoins, the half of 21 bitcoins, i will turn it into fiat and the rest i deposit all into gambling sites especially sports betting. I'm sure i can make it growth.

Investing in gambling sites can be good but you need to make sure that you are investing in genuine site as investment related to gambling is always risky and we don't know what will be the end result.
It's very not logic for me to hear putting the money into gambling section is included on the investment section, because there are two chance in gambling. you will win and getting doubled for your amount and lost all of your amoune. that's very bad to say gambling is includedon investment.

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August 15, 2016, 02:36:55 PM
 #403

If i own 21 bitcoins, the half of 21 bitcoins, i will turn it into fiat and the rest i deposit all into gambling sites especially sports betting. I'm sure i can make it growth.

How are you sure that you can turn gambling outcomes to be positive? because if you know that I want to know too. But the reality is that there is no surefire way to make more money, everything requires risk and gambling such amount of BTC is too much risk. If you want to risk it at least put it into the altcoin market in a coin with reasonable expectations for a pump.

That's correct invest money somewhere where you can have control on your coins, like trading you always know what to do with your coins, gambling sites may simply disappear in future.

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August 16, 2016, 06:48:17 AM
 #404

If i own 21 bitcoins, the half of 21 bitcoins, i will turn it into fiat and the rest i deposit all into gambling sites especially sports betting. I'm sure i can make it growth.

No one should be so confident of gambling as it is always a game of luck and even if you are expert in betting in sports or anything but once you become unlucky you are surely going to lose because it is a part of gambling at the end of the day.
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August 16, 2016, 09:51:44 AM
 #405

If i own 21 bitcoins, the half of 21 bitcoins, i will turn it into fiat and the rest i deposit all into gambling sites especially sports betting. I'm sure i can make it growth.

No one should be so confident of gambling as it is always a game of luck and even if you are expert in betting in sports or anything but once you become unlucky you are surely going to lose because it is a part of gambling at the end of the day.

Yes gambling is a sure and fast way to make money if you are lucky but if its your bad day and you bet a large amount then say goodbye to your hard earned coins. Gambling may be one of the ways to make your bitcoin stash grow but relying in luck is really not advisable since you can lose all you have earned in just one bet if you are confident that you can win but you lose it instead. Better invest it in trading where you have control of your coins and yes it is still risky but not as risky as gambling.

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August 16, 2016, 09:58:45 AM
 #406

in present time i am going to save and hold it for the time when the price will cross 12000 USD in next year.
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August 16, 2016, 10:06:36 AM
 #407

If i own 21 bitcoins, the half of 21 bitcoins, i will turn it into fiat and the rest i deposit all into gambling sites especially sports betting. I'm sure i can make it growth.

No one should be so confident of gambling as it is always a game of luck and even if you are expert in betting in sports or anything but once you become unlucky you are surely going to lose because it is a part of gambling at the end of the day.

Yes gambling is a sure and fast way to make money if you are lucky but if its your bad day and you bet a large amount then say goodbye to your hard earned coins. Gambling may be one of the ways to make your bitcoin stash grow but relying in luck is really not advisable since you can lose all you have earned in just one bet if you are confident that you can win but you lose it instead. Better invest it in trading where you have control of your coins and yes it is still risky but not as risky as gambling.

if it continues to expect on luck it is difficult to get good results. If gambling and trading risk equally. why you did not choose the trade which is better? the risk is always there. but if you are quite expert in trading, you can get great results.
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August 16, 2016, 10:19:01 AM
 #408

If i own 21 bitcoins, the half of 21 bitcoins, i will turn it into fiat and the rest i deposit all into gambling sites especially sports betting. I'm sure i can make it growth.

No one should be so confident of gambling as it is always a game of luck and even if you are expert in betting in sports or anything but once you become unlucky you are surely going to lose because it is a part of gambling at the end of the day.

Yes gambling is a sure and fast way to make money if you are lucky but if its your bad day and you bet a large amount then say goodbye to your hard earned coins. Gambling may be one of the ways to make your bitcoin stash grow but relying in luck is really not advisable since you can lose all you have earned in just one bet if you are confident that you can win but you lose it instead. Better invest it in trading where you have control of your coins and yes it is still risky but not as risky as gambling.

if it continues to expect on luck it is difficult to get good results. If gambling and trading risk equally. why you did not choose the trade which is better? the risk is always there. but if you are quite expert in trading, you can get great results.

Exactly, trading holds less risks in compare to gambling, with trading you can make good profits if you handle it smartly which is never possible with gambling.
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August 16, 2016, 10:21:25 AM
 #409

in present time i am going to save and hold it for the time when the price will cross 12000 USD in next year.

$12.000 you think is realistic to reach next year?That's way too much my friend.This is a price we may see in 10 years.
I'd guess you mean $1.200.That's still an ambitious goal but at least a realistic one.

Furthermore in terms of OP's question I wouldn't stop accumulating one 21 BTC are reached. The next goal would be 25, and then 30.
A small part I would spend for things I would like to have but also try to rebuy the spent amount asap.
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August 16, 2016, 11:42:57 AM
 #410

in present time i am going to save and hold it for the time when the price will cross 12000 USD in next year.

$12.000 you think is realistic to reach next year?That's way too much my friend.This is a price we may see in 10 years.
I'd guess you mean $1.200.That's still an ambitious goal but at least a realistic one.

Furthermore in terms of OP's question I wouldn't stop accumulating one 21 BTC are reached. The next goal would be 25, and then 30.
A small part I would spend for things I would like to have but also try to rebuy the spent amount asap.


It is not at all realistic. In fact it's far from realistics. Jokers like this spread false hope for new investors. The price as it is as now is realitsic and a decline or a rise of 10% is the best thing we can expect.
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August 16, 2016, 11:45:24 AM
 #411

If i own 21 bitcoins, the half of 21 bitcoins, i will turn it into fiat and the rest i deposit all into gambling sites especially sports betting. I'm sure i can make it growth.

No one should be so confident of gambling as it is always a game of luck and even if you are expert in betting in sports or anything but once you become unlucky you are surely going to lose because it is a part of gambling at the end of the day.

Yes gambling is a sure and fast way to make money if you are lucky but if its your bad day and you bet a large amount then say goodbye to your hard earned coins. Gambling may be one of the ways to make your bitcoin stash grow but relying in luck is really not advisable since you can lose all you have earned in just one bet if you are confident that you can win but you lose it instead. Better invest it in trading where you have control of your coins and yes it is still risky but not as risky as gambling.

if it continues to expect on luck it is difficult to get good results. If gambling and trading risk equally. why you did not choose the trade which is better? the risk is always there. but if you are quite expert in trading, you can get great results.

Exactly, trading holds less risks in compare to gambling, with trading you can make good profits if you handle it smartly which is never possible with gambling.

Yeah trading is really good to multiply your coins and I will prefer to invest in altcoin trading where there is chance to grow your coins even faster.
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August 17, 2016, 07:30:12 AM
 #412

in present time i am going to save and hold it for the time when the price will cross 12000 USD in next year.

$12.000 you think is realistic to reach next year?That's way too much my friend.This is a price we may see in 10 years.
I'd guess you mean $1.200.That's still an ambitious goal but at least a realistic one.

Furthermore in terms of OP's question I wouldn't stop accumulating one 21 BTC are reached. The next goal would be 25, and then 30.
A small part I would spend for things I would like to have but also try to rebuy the spent amount asap.


He probably means $1200 because someone should know that it cannot reach to $12000 in just a few months as it has never touched even $2000 from when it was created, and it also would be a great thing if it could reach $1200 by next year.
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August 17, 2016, 07:43:24 AM
 #413

in present time i am going to save and hold it for the time when the price will cross 12000 USD in next year.

$12.000 you think is realistic to reach next year?That's way too much my friend.This is a price we may see in 10 years.
I'd guess you mean $1.200.That's still an ambitious goal but at least a realistic one.

Furthermore in terms of OP's question I wouldn't stop accumulating one 21 BTC are reached. The next goal would be 25, and then 30.
A small part I would spend for things I would like to have but also try to rebuy the spent amount asap.


He probably means $1200 because someone should know that it cannot reach to $12000 in just a few months as it has never touched even $2000 from when it was created, and it also would be a great thing if it could reach $1200 by next year.

Yeah it would be really great to see 4 digit price, as everyone is waiting to see that price but no one knows when exactly bitcoin will achieve it.
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August 17, 2016, 08:15:19 AM
 #414

in present time i am going to save and hold it for the time when the price will cross 12000 USD in next year.

$12.000 you think is realistic to reach next year?That's way too much my friend.This is a price we may see in 10 years.
I'd guess you mean $1.200.That's still an ambitious goal but at least a realistic one.

Furthermore in terms of OP's question I wouldn't stop accumulating one 21 BTC are reached. The next goal would be 25, and then 30.
A small part I would spend for things I would like to have but also try to rebuy the spent amount asap.


He probably means $1200 because someone should know that it cannot reach to $12000 in just a few months as it has never touched even $2000 from when it was created, and it also would be a great thing if it could reach $1200 by next year.

Yeah it would be really great to see 4 digit price, as everyone is waiting to see that price but no one knows when exactly bitcoin will achieve it.

May be we will see that price in the mid of next year, as at this stage there is no positive indication of price going higher, so I think in this year maximum we can touch is $700.

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August 17, 2016, 08:40:08 AM
 #415

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
Congrats for your first 21 BTC goals, and there's no bitcoin bank will pay interest but maybe you can invest in some Exchange site like poloniex with your 21 BTC and a traders from there will take a loan from your BTC and give you some interest.

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August 17, 2016, 08:45:51 AM
 #416

It is enough for retirement? Roll Eyes
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August 17, 2016, 08:49:00 AM
 #417

It is enough for retirement? Roll Eyes

enough if in the future price of bitcoin is in the range $100,000. but this does not seem realistic. so you must have at least 100 BTC to retire. because realistically the future price range $1k-5k
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August 17, 2016, 09:06:47 AM
 #418

It is enough for retirement? Roll Eyes

enough if in the future price of bitcoin is in the range $100,000. but this does not seem realistic. so you must have at least 100 BTC to retire. because realistically the future price range $1k-5k

Exactly if you want to have comfortable and luxury retirement then you should have at least 100 btc as we don't know what value it will hold so its better to try to have maximum coins.
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August 17, 2016, 09:09:08 AM
 #419

Same thing that I am planning to do.  Spent half of it like selling and encash it.  Buy some helpful stuffs for me and my family to taste the fruit of earning bitcoins.  I will invest some to earn more so I would still grow my bitcoin.  Buying some gold to invest with.  Then the remaining bitcoin will be kept until it reaches its highest value.
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August 17, 2016, 10:38:05 AM
 #420

It is enough for retirement? Roll Eyes

Yes, it is really enough for retirement, but if before retirement bitcoin might be finished than you retirement assets has been destroyed so make a good decision and than follow it, also you know in future bitcoin suddenly come at $1 than your 21 Bitcoins will be equal for only $21, so it is not enough amount for your retirement. But i love bitcoin even it will be at $1. 
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