coat47
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November 30, 2017, 12:03:07 AM |
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Of course it depends where he lives and the country's legislation. I think it will be very difficult for him to withdraw all of a sudden. The best is to withdraw a little and buy a house and rent it (if the real estate market of his country is not in a bubble). Then, do it again and again. Because nothing is worth the stone and the gold. Tell your frienc too that it would be nice to share and give a little to associations.
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MkGregor
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Bitcoinus Community Manager
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November 30, 2017, 12:06:16 AM |
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You didn't say what condition he is in now... young/old work/jobless rent/ownhouse etc so... sell 1 BTC go on vacation to wherever he always wanted to go all this time (have fun) if he lives in a medium to small city and still renting an apartment then buy a small but nice home (below 10 BTC) next get himself a new/used car (2-3 BTC) if he needs transportation to his workplace or daily activities and spend 1-2 BTC on personal needs, clothes, electronics/gadget, furniture etc to make comfortable home and life
that should leave around 30 BTC which should go to 2-3 different type investments keep most of it on BTC and crypto currency and do conservative trading to avoid big loss buy property for rental and/or invest on any promising start up company
this way he will have some tangible assets and passive income for his monthly expenses and at the same time keeps working and enjoying life as it should try to balance everything in life so you live energized happy life and not dull boring life
Man, that was the best answer on this thread. But on serious note, if the guy doesn't know what to do with whatever th amount of dollars his BTC are equal to now...He probably should HODL it until he gets an idea.
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BITCOINUS // BITCOIN PAYMENTS IN 2 SECONDS CUTTING EDGE PAYMENT PROCESSING (https://www.bitcoinus.io/)
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Qzeyn
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November 30, 2017, 06:03:37 AM |
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At the current price, he ain't doing bad, he could invest in The Stock exchange, or buy property all depends on his situation If he's financially secure than let him have a blast
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jamesmithico9982
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November 30, 2017, 06:23:04 AM |
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OMG 45Btc, happy 10k , sell and buy Home, car, find a girl rich boy
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ananas99
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November 30, 2017, 06:42:06 AM |
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Dear All,
one of my friends have 45 BTC in his pocket.(which was bought 5 years ago).
Need expertise advice how to use them effectively??
I would withdraw them and cash them to spend on something very necessary. Even with the commission will be a good amount, for initial spending for a young family. Well, or a business to create your own.
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ZCoinTalk
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November 30, 2017, 07:18:00 AM |
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You could put a few BTC in HexaBot or Chain Group. Keep it in there for a few months and cash out your interest as you go. Another option would be to buy some coins from the top 10 on CoinMarketCap. All fine investments. You can also invest a bit in a Masternode and run that.
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Bybox
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November 30, 2017, 01:58:11 PM |
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Wow, hope your friend still hold his bitcoin because the price hit 10000usd. Now to answer your question. I would advice your friend to spend his bitcoin in some ICO like Hdac or invest in altcoin from the top 20 on coinmarketcap. He can also spend one bitcoin for vacation and have some fun a Las Vegas or Bangkok. And create his own business with 10 bitcoin like open an small coffee shop which is very easy to manage.
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Peter Murr
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December 12, 2017, 01:55:15 PM |
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There are many way to use your btc.For example you can invest some of your btc to buy some miners and then you can also invest some of your btc on ico.You can make a ico and then create an exchange site then you can income more btc
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thedarksun
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December 12, 2017, 05:59:56 PM |
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Just hodl it, imagine that bitcoin could hit even 20.000 in this year or even 30/50.000k in next year, just tell him to hodl!
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keyscore44
Legendary
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December 12, 2017, 06:10:25 PM |
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Maybe try to invest a little bit in diffrent coin or try to make him learn how to trade and make those amount even bigger than now?
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dee42
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December 12, 2017, 11:34:49 PM |
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Dear All,
one of my friends have 45 BTC in his pocket.(which was bought 5 years ago).
Need expertise advice how to use them effectively??
Reinvesting would be a great option but if you guys feel like helping another buddy out feel free to drop even half of one my way. Would be really appreciated and definitely needed. Enjoy the BTC's otherwise guys! 18mxj3XV2kGUUGWAVa8s9mN8uSo2qrb7DH
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posterhebat
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December 13, 2017, 12:15:08 AM |
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45 btc, is enough to accommodate your need for entire life :v
easiest way is put it into mining, or invest it on property like houses, or apartement, or you can create new business store. But 1 thing, money can't make you happy,
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lookuper
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December 13, 2017, 12:42:28 AM |
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BTC is a big money, how do you get it
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chathura
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December 13, 2017, 01:33:03 AM |
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you can use it Altcoin trading and buy alt and hold coin.
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c0l0n
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December 13, 2017, 05:27:36 AM |
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real estate
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karabasss
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December 13, 2017, 06:35:16 AM |
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Dear All,
one of my friends have 45 BTC in his pocket.(which was bought 5 years ago).
Need expertise advice how to use them effectively??
You can keep it till the end of the year, sell it now, translate it into alts. Think for yourself, decide for yourself, but do not rush.
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CHENG90
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December 13, 2017, 09:20:42 AM |
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I would definitely Hodl at least into 2018 and assess the market situation then! It depends if your friend wants to get rid of them now as he/she thinks it has reached max price? if so I'm not sure how you would sell that amount.
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YRFCHIPOJNP
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December 14, 2017, 01:25:02 AM |
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hand on to me for trust management
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master2#
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December 14, 2017, 01:34:18 AM |
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Just hold it for some years , it will certainly be more valuable in the future
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hanapre
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December 14, 2017, 01:38:33 AM |
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if I think I sell a set of 45 BTC for me to make my venture capital.
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