Noctis Connor
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September 24, 2016, 01:16:16 AM |
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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.
It was the questioning people and getting more information in OP but you are right there if someone willingly gave us that big ammount of bitcoin probably i will convert it all and trade into another crypto currency to earn more or just maybe invest it in some casinos
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akosipepot
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September 24, 2016, 01:47:39 AM |
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if i have that amount of bitcoin then i will convert it to fiat so that i can invest it on real business.I don't want to stock up on my wallet and wait for the price to increase. coz we don't know how long to wait if bitcoin will start to spike its prices. so its better to invest in real thing than to invest in virtual thing.
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Leonard2016
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September 24, 2016, 02:21:38 AM |
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if i have that amount of bitcoin then i will convert it to fiat so that i can invest it on real business.I don't want to stock up on my wallet and wait for the price to increase. coz we don't know how long to wait if bitcoin will start to spike its prices. so its better to invest in real thing than to invest in virtual thing.
why not use that bitcoin as your capital without converting it. i would have used it that way. there are a lot of bitcoin businesses that need bitcoin capita for their business such as exchanges and casinos. and there is already a lot of profit to be made in these businesses.
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kidoseagle0312
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September 24, 2016, 02:23:04 AM |
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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](https://bitcointalk.org/Smileys/default/smiley.gif) If I could have that amount of bitcoin which is 21 BTC, 10% will goes to tithes,30% percent goes to business investment, 20% goes to trading in exchange and 40% will be the trust fund.
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akosipepot
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September 24, 2016, 02:52:49 AM |
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if i have that amount of bitcoin then i will convert it to fiat so that i can invest it on real business.I don't want to stock up on my wallet and wait for the price to increase. coz we don't know how long to wait if bitcoin will start to spike its prices. so its better to invest in real thing than to invest in virtual thing.
why not use that bitcoin as your capital without converting it. i would have used it that way. there are a lot of bitcoin businesses that need bitcoin capita for their business such as exchanges and casinos. and there is already a lot of profit to be made in these businesses. as I say I don't want to invest on virtual things like online investment or other that related online. coz I don't comfortable on it.I prefer on investing on real world.I want to collaborate with other people. thats why if have that 21 btc on my wallet i would probably convert it into a real fiat.
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milewilda
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September 24, 2016, 03:02:28 AM |
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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. True, 40k-50k seems to unrealistic to achieve since as we saw on the price of bitcoin as of now there are so many factors does affect its price it may go down sometimes and rise up sometimes but it doesnt guarantee us that it would suddenly reach that amount anytime soon. Some speculation are too much to consider. Well, we really cant predict on the price of bitcoin since we dont know what would be the things that would happen in near future.
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Za1n
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September 24, 2016, 03:20:24 AM |
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If I had 21 BTC, I would probably acquire one more to make it 22. I like even numbers. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Some of you are probably thinking I could also sell one as well, to make it a even 20. But really look at 20 and 22 typed next to each other. As it is plain to see, 22 is clearly the more attractive number.
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South Park
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September 24, 2016, 04:44:55 AM |
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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. Keyword here slowly, if you think that 45k to 50k is reasonable in 10 years I believe you, but I disagree, I personally think that bitcoin adoption will not skyrocket until later so my prediction is a more modest increment for the next 10 years, something between 5k and 8k.
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bryant.coleman
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September 24, 2016, 06:50:38 AM |
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This may sound odd... but I once had around BTC60 with me. Even when the exchange rate climbed to $1,250 per coin, I refrained from selling any of these coins. And that was a very big mistake. Later, I lost a majority of my coins in various scams. Also, sold a few coins to cover my expenses. Now I am having less than BTC10 in my wallets.
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Positid
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BULL RUN until 2030
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September 24, 2016, 09:11:53 AM |
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This may sound odd... but I once had around BTC60 with me. Even when the exchange rate climbed to $1,250 per coin, I refrained from selling any of these coins. And that was a very big mistake. Later, I lost a majority of my coins in various scams. Also, sold a few coins to cover my expenses. Now I am having less than BTC10 in my wallets.
Not too late mate, we just have to let go of the past experience and just learn from it, getting those amount is not because of luck, you have the skills and since you were able to get it for sure you can get more than that if you will not give up.
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eddyubachs
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September 24, 2016, 09:15:04 AM |
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This may sound odd... but I once had around BTC60 with me. Even when the exchange rate climbed to $1,250 per coin, I refrained from selling any of these coins. And that was a very big mistake. Later, I lost a majority of my coins in various scams. Also, sold a few coins to cover my expenses. Now I am having less than BTC10 in my wallets.
That's really sad to hear that you lost them in the hands of the scammers and that was the time if you would have sold your all coins then at this stage you would be in comfortable position.
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dunfida
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September 24, 2016, 01:45:06 PM |
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This may sound odd... but I once had around BTC60 with me. Even when the exchange rate climbed to $1,250 per coin, I refrained from selling any of these coins. And that was a very big mistake. Later, I lost a majority of my coins in various scams. Also, sold a few coins to cover my expenses. Now I am having less than BTC10 in my wallets.
That's really sad to hear that you lost them in the hands of the scammers and that was the time if you would have sold your all coins then at this stage you would be in comfortable position. We cant really blame completely our selves because people are not perfect of which we could predict such situation like on having 60btc and suddenly the price rose up to $1200 mark which is somehow very regretting when you realize in the end that you should exchange it when the price is still high but we cant remove through our minds about the thing that it might rise even more.
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Corenin
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September 24, 2016, 01:57:10 PM |
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This may sound odd... but I once had around BTC60 with me. Even when the exchange rate climbed to $1,250 per coin, I refrained from selling any of these coins. And that was a very big mistake. Later, I lost a majority of my coins in various scams. Also, sold a few coins to cover my expenses. Now I am having less than BTC10 in my wallets.
That's really sad to hear that you lost them in the hands of the scammers and that was the time if you would have sold your all coins then at this stage you would be in comfortable position. We cant really blame completely our selves because people are not perfect of which we could predict such situation like on having 60btc and suddenly the price rose up to $1200 mark which is somehow very regretting when you realize in the end that you should exchange it when the price is still high but we cant remove through our minds about the thing that it might rise even more. Yeah and if it happens to us then its an really disappointing feeling and it won't go through your mind for a long time, and if you loose them with your mistake like in gambling then you won't regret much but if you are getting scammed and cheated by others then that is really frustrating feeling.
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Aamir1
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September 24, 2016, 04:18:27 PM |
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If I had 21 BTC, I would probably acquire one more to make it 22. I like even numbers. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Some of you are probably thinking I could also sell one as well, to make it a even 20. But really look at 20 and 22 typed next to each other. As it is plain to see, 22 is clearly the more attractive number. I like bitcoins, i don't see numbers, so i would not just acquire one but would try to increase them as much as i can so that i can have way more than that in coming time when bitcoin will be way higher than what it is right now.
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chaosknight
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September 24, 2016, 04:21:44 PM |
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If I had 21 BTC, I would probably acquire one more to make it 22. I like even numbers. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Some of you are probably thinking I could also sell one as well, to make it a even 20. But really look at 20 and 22 typed next to each other. As it is plain to see, 22 is clearly the more attractive number. I like bitcoins, i don't see numbers, so i would not just acquire one but would try to increase them as much as i can so that i can have way more than that in coming time when bitcoin will be way higher than what it is right now. yes we need to try to have as maximum amount of coins as possible as it will be surely holding some higher price in future so its better to keep on multiplying them for future.
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SONG GEET
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September 24, 2016, 05:25:05 PM |
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May be i will try my luck and performance with trading. Like i think doing day trading is quite profitable with such amount over 10btc+.
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tygeade
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September 24, 2016, 05:28:27 PM |
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May be i will try my luck and performance with trading. Like i think doing day trading is quite profitable with such amount over 10btc+.
Exactly and with that amount you can expect some good profits in no time but make sure that you invest in multiple coins and don't rely only on single one or it can be an risky affair.
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krishna1
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September 24, 2016, 05:58:13 PM |
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i will buy a house and then maybe i will think of something else like development or savings or growing the money or amy future savings but if i did will ot ever gonna help me?
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crairezx20
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September 24, 2016, 06:15:55 PM |
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i will buy a house and then maybe i will think of something else like development or savings or growing the money or amy future savings but if i did will ot ever gonna help me?
House you can buy house with a small amount maybe condo i think you can but house this year its very hard to find cheap houses.. unlike you are in province.. Many cheap house you can buy their..
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MaritiJames3
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September 24, 2016, 07:03:59 PM |
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i will buy a house and then maybe i will think of something else like development or savings or growing the money or amy future savings but if i did will ot ever gonna help me?
House you can buy house with a small amount maybe condo i think you can but house this year its very hard to find cheap houses.. unlike you are in province.. Many cheap house you can buy their.. Investing in real estate would be a wise option, but I am not sure if 21 BTC would make it possible to invest in a house since the prices here in my country are a lot more expensive. But I would make sure that either way I would invest a lot of my funds into a stock investment.
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