rddsd7 (OP)
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November 20, 2017, 05:47:37 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??
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texasman86
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November 20, 2017, 05:48:39 AM |
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probably hodl longer - will only continue to rise
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CoolWave
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November 20, 2017, 05:49:44 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??
Buy a Lamborghini or buy some miners . You can also use it in developing your own coin . You can create a pool or exchange . There are many ideas you can work on .
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AconZtt
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November 20, 2017, 05:51:26 AM |
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It can be used to invest in ICO,Or buy ETH,or continue to hold bitcoin
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drwhobox
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- hello doctor who box
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November 20, 2017, 05:52:26 AM |
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Dude, That like 360764.33 US Dollar Why not start trading your bitcoins to other coins or fiat or just get a fraction of your bitcoins then start a business you can do almost anything that an average person would do for that money. hold your coins for long term investment Bitcoin only continues to rise from year to year.
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BlackRacerX
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November 20, 2017, 05:55:15 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??
Help a friend out. Give me a bitcoin. Just kidding. A good way to expand your bitcoin collection is to invest in alt coins. They'll pay you back your bitcoin if the ICO fails. Another would be investing in mining rigs. Buy more mining rigs with that amount of bitcoins and you can expand your army by tenfold. And to earn more, do it the old fashioned way, trade and hold.
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Gens09
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November 20, 2017, 05:55:22 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??
Dont sell it yet i guess ypu can already notice the skyrocketing price of the bitcoin in the market so i guess if you continue to hold it in years i guess you could make a very big amount of profit but i guess having 45 bitcoin is already enough you can sell rhe half of your bitcoin and then use it for your business of something else and then invest the half.
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Nerman
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November 20, 2017, 05:56:56 AM |
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probably hodl longer - will only continue to rise
I agree especially if he do not want to risk losing his/her bitcoins by investing it in HYIP. Your friend can also trade 1 bitcoin since your friend has 45 he/she can risk a bitcoin to earn more but your friemd should umderstand how trading works.
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boboking
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November 20, 2017, 06:00:47 AM |
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probably hodl longer - will only continue to rise
I agree especially if he do not want to risk losing his/her bitcoins by investing it in HYIP. Your friend can also trade 1 bitcoin since your friend has 45 he/she can risk a bitcoin to earn more but your friemd should umderstand how trading works. This is correct holding your bitcoin is like investing i am sure that bitcoin price will rise more in the future. We can say that your friend ia really lucky having 45 bitcoin, thats a lot of money and holding it for a few more years can make him a millionaire.
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Swopon
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Gamdom
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November 20, 2017, 06:01:35 AM |
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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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shone08
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November 20, 2017, 06:03:36 AM |
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having a 45bitcoin is a huge amount you can now start to build a business in your country or holding this bitcoin for long term theres a lot you can do in your bitcoin but make sure you decision will earn profit not to loss your capital.
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turkandjaydee
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November 20, 2017, 06:28:46 AM |
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You mean how to use it or how to multiply/increase it? Its very easy if you want to use it.
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richlipkin
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November 20, 2017, 06:39:37 AM |
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I would just keep the 45 BTC... It should mature in value further once the second-layer economic buildout (futures markets, etc.) hits.
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raysa
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November 20, 2017, 06:49:12 AM |
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You should be a rich man now, and why not posted your address here, i trust you but better with proof ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) trading is always the best, go away from gamble, hyip and ponzis also ICO(maybe)
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KEEP STRONG BRO, MESKI BUKAN SEDARAH TAPI KITA TETAP SAUDARA #Duka Palu, Duka Indonesia
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adamcro
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November 20, 2017, 07:04:46 AM |
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Invest in ICO, cash it out, that's what I would do. That's a lot of money there
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Two4D
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November 20, 2017, 07:27:21 AM |
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Just don't use it to gamble, invest in hyips, get scammed or get hacked.
Try to invest it in secure investments like casinos or just keep it till kingdom come.
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NeuroticFish
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November 20, 2017, 07:33:44 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 will tell what I would do: I would diversify. 358000 USD is a lot of money and it allows that. I would certainly keep a big chunk of that money as Bitcoin. At least 50%. For the rest I would buy alts, stocks, bonds and/or a property which I could rent out. Edit: don't forget that if he keeps that in his own wallet, he also has Bitcoin Cash, which with some extra care he can sell. Also for such values I hope that he uses hardware wallet.
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quedex
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November 20, 2017, 10:23:40 AM |
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If your friend wants to cash out, he should consider the tax liabilities he may incur.
He could also consider hedging some portion of it with bitcoin derivatives instead of outright selling, as a way of avoidance of the taxation issues.
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Compa
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November 20, 2017, 11:23:43 AM |
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I suggest you to use invest in ICO or trading altcoins 45 BTC is good of amount to using trading, you can get a lot of profit in your traded.
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Thirdspace
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November 20, 2017, 11:28:56 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
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