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Author Topic: What will you do if you own 21 BTC?  (Read 41036 times)
resilientknight
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September 22, 2016, 02:53:02 AM
 #841

I believe that I would save the  coins for the long run, since btc is a relatively  new currency, with great  potential to be  demonstrated over the coming years.
social crypto comunity
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September 22, 2016, 03:09:44 AM
 #842

if i have 21 bitcoin iam use bitcoin to investment
1 buy hadware mining altcoin
2 trading bitcoin pair fiat money in huobi bitstamt btc-e
3 trading bitcoin pair altcoin
   - poloniex
   - bitrex
   - c-cex
4 and to use real bussines
Carmen_Sandiego
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September 22, 2016, 08:32:42 AM
 #843

Well, If i had that much btcs  I would surely use most of them in  trading, as that's the only way  I find at the time to make good  profits, on a daily basis, of course.
newcoins1978
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September 22, 2016, 08:35:19 AM
 #844

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 would hold on to them until the price of the Bitcoin is somewhere in the thousands and then I would just sell them all so that I can buy an new motorcycle with the money.
That is my goal and that is why I am making use of Bitcoin.
peta4e
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September 22, 2016, 08:36:35 AM
 #845

Well, If i had that much btcs  I would surely use most of them in  trading, as that's the only way  I find at the time to make good  profits, on a daily basis, of course.

Majority of users will prefer to invest in trading if they are holding that high amount as with altcoin trading you can surely make good profits on daily basis if you perform action at a right time.
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September 22, 2016, 09:13:17 AM
 #846

I will fix merchant api and new wallets for my own digital currency and make an online webshop where people can buy and sell using my own digital currency and the profits will help grow my own coin bigger and more secure too.


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September 22, 2016, 12:00:41 PM
 #847

Well, If i had that much btcs  I would surely use most of them in  trading, as that's the only way  I find at the time to make good  profits, on a daily basis, of course.

Majority of users will prefer to invest in trading if they are holding that high amount as with altcoin trading you can surely make good profits on daily basis if you perform action at a right time.

For sure most of us would  do trading since its the best way and a profitable  one but  some may invest into casino sites and other investments because trading is not an easy thing to do and we all know that.  21 btc is  enough already to make such investments which could able you give profits in the future.

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September 22, 2016, 12:02:40 PM
 #848

Well, If i had that much btcs  I would surely use most of them in  trading, as that's the only way  I find at the time to make good  profits, on a daily basis, of course.

Majority of users will prefer to invest in trading if they are holding that high amount as with altcoin trading you can surely make good profits on daily basis if you perform action at a right time.

For sure most of us would  do trading since its the best way and a profitable  one but  some may invest into casino sites and other investments because trading is not an easy thing to do and we all know that.  21 btc is  enough already to make such investments which could able you give profits in the future.

Investing in trusted casino sites can be a good option to earn regular profits but the only issue is that you don't know how long those sites will survive, so when it comes to investment, risks will always be a part of it.
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September 22, 2016, 02:50:01 PM
 #849

There are two scenarios:

1) You hold the 21 BTC for a long period and retire as a millionaire. This is the safe, but long term (10 to 20 years) target.

2) You start taking high risks on the altcoin market and become an overnight millionaire or lose your ticked to guaranteed riches in those 10-20 years

Thought call.
StarofBTC
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September 22, 2016, 02:58:37 PM
 #850

There are two scenarios:

1) You hold the 21 BTC for a long period and retire as a millionaire. This is the safe, but long term (10 to 20 years) target.

2) You start taking high risks on the altcoin market and become an overnight millionaire or lose your ticked to guaranteed riches in those 10-20 years

Thought call.
I will prefer to go with your first scenario as I do not have any experience with alt coin trading. But I heard some people are making huge profits from new altcoins and also some people are losing worst than gambling. Instead of taking risk, I always prefer to go in a safer way.
South Park
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September 23, 2016, 02:45:08 AM
 #851

There are two scenarios:

1) You hold the 21 BTC for a long period and retire as a millionaire. This is the safe, but long term (10 to 20 years) target.

2) You start taking high risks on the altcoin market and become an overnight millionaire or lose your ticked to guaranteed riches in those 10-20 years

Thought call.

Scenario 1 is good but doing some simple math gives you 1million/21BTC = 47617.04 dollars per bitcoin, that is an increase of almost 80 times at a bitcoin price of 600 dollars, in my opinion this is too much of an increment, but that is just me
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September 23, 2016, 02:54:35 AM
 #852

There are two scenarios:

1) You hold the 21 BTC for a long period and retire as a millionaire. This is the safe, but long term (10 to 20 years) target.

2) You start taking high risks on the altcoin market and become an overnight millionaire or lose your ticked to guaranteed riches in those 10-20 years

Thought call.

Scenario 1 is good but doing some simple math gives you 1million/21BTC = 47617.04 dollars per bitcoin, that is an increase of almost 80 times at a bitcoin price of 600 dollars, in my opinion this is too much of an increment, but that is just me

there is also ascenario 3 which is what i am doing and that is holding some and then investing some of the rest.

and i am taking small to medeum risks and nothing too high. being in the middle of it all is always better than taking higher risks to lose it all. so i make small profits but i am making something.

Buying the dip...
Tyrantt
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September 23, 2016, 03:04:45 AM
 #853

There are two scenarios:

1) You hold the 21 BTC for a long period and retire as a millionaire. This is the safe, but long term (10 to 20 years) target.

2) You start taking high risks on the altcoin market and become an overnight millionaire or lose your ticked to guaranteed riches in those 10-20 years

Thought call.

Scenario 1 is good but doing some simple math gives you 1million/21BTC = 47617.04 dollars per bitcoin, that is an increase of almost 80 times at a bitcoin price of 600 dollars, in my opinion this is too much of an increment, but that is just me

why? bitcoin price is slowly going up, who knows what it's price will be in 10 or 15 years. I'd say thats not so far from his post. I'm expcting bitcoin to be a lot more than about 600$ as it is now. I'm seeing somewhere between 40k-50k per btc in about 15-20 years, maybe a spike in price but still.

Need some spare btc for a new PC that can at least run Adobe Dreamweaver.

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madwica
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September 23, 2016, 03:30:11 AM
 #854

There are two scenarios:

1) You hold the 21 BTC for a long period and retire as a millionaire. This is the safe, but long term (10 to 20 years) target.

2) You start taking high risks on the altcoin market and become an overnight millionaire or lose your ticked to guaranteed riches in those 10-20 years

Thought call.

Scenario 1 is good but doing some simple math gives you 1million/21BTC = 47617.04 dollars per bitcoin, that is an increase of almost 80 times at a bitcoin price of 600 dollars, in my opinion this is too much of an increment, but that is just me

why? bitcoin price is slowly going up, who knows what it's price will be in 10 or 15 years. I'd say thats not so far from his post. I'm expcting bitcoin to be a lot more than about 600$ as it is now. I'm seeing somewhere between 40k-50k per btc in about 15-20 years, maybe a spike in price but still.
No one will know what is the price of bitcoin next year even 10 - 15 years from now but one thing i sure that bitcoin will exist for a long time like fiat, the price of bitcoin goes up and down right now and this is the good times to invest and to earn money in trading method.
John Constantine
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September 23, 2016, 09:41:20 PM
 #855

If there had been someone willing to give that amount, I would certainly convert part of it into fiat, and even consider start a small business. But I would still hold more than half of the coins.
eddyubachs
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September 23, 2016, 09:50:40 PM
 #856

If there had been someone willing to give that amount, I would certainly convert part of it into fiat, and even consider start a small business. But I would still hold more than half of the coins.

Yup that's the right way to use them, don't sell all of them and don't hold all of them, and its always good to invest some of them in trading to get better results in future.
MTBTT
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September 23, 2016, 10:06:36 PM
 #857

If there had been someone willing to give that amount, I would certainly convert part of it into fiat, and even consider start a small business. But I would still hold more than half of the coins.
yeah of course I will secure it to fiat probably half of the 21 BTC. then I will use the other half for grow again. certainly there is no risk in it because it was just a gift
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September 23, 2016, 11:10:24 PM
 #858

If there had been someone willing to give that amount, I would certainly convert part of it into fiat, and even consider start a small business. But I would still hold more than half of the coins.
yeah of course I will secure it to fiat probably half of the 21 BTC. then I will use the other half for grow again. certainly there is no risk in it because it was just a gift

Even if its a gift still we need to value it, as if you will respect money then money will respect you, so best thing is to sell some of them to fiat and invest that money in real life products.
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September 23, 2016, 11:32:36 PM
 #859

There are two scenarios:

1) You hold the 21 BTC for a long period and retire as a millionaire. This is the safe, but long term (10 to 20 years) target.

2) You start taking high risks on the altcoin market and become an overnight millionaire or lose your ticked to guaranteed riches in those 10-20 years

Thought call.

Scenario 1 is good but doing some simple math gives you 1million/21BTC = 47617.04 dollars per bitcoin, that is an increase of almost 80 times at a bitcoin price of 600 dollars, in my opinion this is too much of an increment, but that is just me

why? bitcoin price is slowly going up, who knows what it's price will be in 10 or 15 years. I'd say thats not so far from his post. I'm expcting bitcoin to be a lot more than about 600$ as it is now. I'm seeing somewhere between 40k-50k per btc in about 15-20 years, maybe a spike in price but still.
Considering a lot of factors and implementing about 40 000 - 50 000 it's too highly target and especially considering the bitcoin situation in this time, okay everything is can happened in the future but we don't forget for putting the realistic reason for that.

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September 23, 2016, 11:34:34 PM
 #860

If there had been someone willing to give that amount, I would certainly convert part of it into fiat, and even consider start a small business. But I would still hold more than half of the coins.

Yup that's the right way to use them, don't sell all of them and don't hold all of them, and its always good to invest some of them in trading to get better results in future.
I think in the future bitcoin will have higher prices saw the bitcoin is growing of course it is a positive signal, so I think if you have a lot of bitcoin done carefully, consider before selling, I'm sure if you could continue to hold you will get a greater profit, because the price will skyrocket in the future
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