Bitcoin Forum
November 06, 2024, 01:41:19 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 3 4 5 6 »  All
  Print  
Author Topic: Best way to use 45 BTC  (Read 1915 times)
rddsd7 (OP)
Member
**
Offline Offline

Activity: 224
Merit: 11


View Profile
November 20, 2017, 05:47:37 AM
 #1

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??
texasman86
Full Member
***
Offline Offline

Activity: 294
Merit: 104


View Profile
November 20, 2017, 05:48:39 AM
 #2

probably hodl longer - will only continue to rise
CoolWave
Full Member
***
Offline Offline

Activity: 630
Merit: 107



View Profile
November 20, 2017, 05:49:44 AM
 #3

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 .
AconZtt
Full Member
***
Offline Offline

Activity: 252
Merit: 100



View Profile
November 20, 2017, 05:51:26 AM
 #4

It can be used to invest in ICO,Or buy ETH,or continue to hold bitcoin
drwhobox
Full Member
***
Offline Offline

Activity: 756
Merit: 133

- hello doctor who box


View Profile
November 20, 2017, 05:52:26 AM
 #5

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.
BlackRacerX
Full Member
***
Offline Offline

Activity: 462
Merit: 102



View Profile
November 20, 2017, 05:55:15 AM
 #6

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.

Gens09
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250


View Profile
November 20, 2017, 05:55:22 AM
 #7

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.
Nerman
Full Member
***
Offline Offline

Activity: 364
Merit: 107


View Profile
November 20, 2017, 05:56:56 AM
 #8

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.
boboking
Member
**
Offline Offline

Activity: 224
Merit: 19


View Profile
November 20, 2017, 06:00:47 AM
 #9

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.
Swopon
Copper Member
Full Member
***
Offline Offline

Activity: 700
Merit: 120


Gamdom


View Profile WWW
November 20, 2017, 06:01:35 AM
 #10

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

shone08
Sr. Member
****
Offline Offline

Activity: 602
Merit: 262



View Profile
November 20, 2017, 06:03:36 AM
 #11

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.
turkandjaydee
Hero Member
*****
Offline Offline

Activity: 1456
Merit: 567


View Profile
November 20, 2017, 06:28:46 AM
 #12

You mean how to use it or how to multiply/increase it?
Its very easy if you want to use it.
richlipkin
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
November 20, 2017, 06:39:37 AM
 #13

I would just keep the 45 BTC... It should mature in value further once the second-layer economic buildout (futures markets, etc.) hits.
raysa
Sr. Member
****
Offline Offline

Activity: 462
Merit: 252


View Profile
November 20, 2017, 06:49:12 AM
 #14

You should be a rich man now, and why not posted your address here, i trust you but better with proof  Wink

trading is always the best, go away from gamble, hyip and ponzis also ICO(maybe)

KEEP STRONG BRO, MESKI BUKAN SEDARAH TAPI KITA TETAP SAUDARA
#Duka Palu, Duka Indonesia
adamcro
Member
**
Offline Offline

Activity: 276
Merit: 23


View Profile
November 20, 2017, 07:04:46 AM
 #15

Invest in ICO, cash it out, that's what I would do. That's a lot of money there

Two4D
Full Member
***
Offline Offline

Activity: 140
Merit: 100


View Profile
November 20, 2017, 07:27:21 AM
 #16

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.

NeuroticFish
Legendary
*
Offline Offline

Activity: 3850
Merit: 6583


Looking for campaign manager? Contact icopress!


View Profile
November 20, 2017, 07:33:44 AM
 #17

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.

███████████████████████
████▐██▄█████████████████
████▐██████▄▄▄███████████
████▐████▄█████▄▄████████
████▐█████▀▀▀▀▀███▄██████
████▐███▀████████████████
████▐█████████▄█████▌████
████▐██▌█████▀██████▌████
████▐██████████▀████▌████
█████▀███▄█████▄███▀█████
███████▀█████████▀███████
██████████▀███▀██████████

███████████████████████
.
BC.GAME
▄▄▀▀▀▀▀▀▀▄▄
▄▀▀░▄██▀░▀██▄░▀▀▄
▄▀░▐▀▄░▀░░▀░░▀░▄▀▌░▀▄
▄▀▄█▐░▀▄▀▀▀▀▀▄▀░▌█▄▀▄
▄▀░▀░░█░▄███████▄░█░░▀░▀▄
█░█░▀░█████████████░▀░█░█
█░██░▀█▀▀█▄▄█▀▀█▀░██░█
█░█▀██░█▀▀██▀▀█░██▀█░█
▀▄▀██░░░▀▀▄▌▐▄▀▀░░░██▀▄▀
▀▄▀██░░▄░▀▄█▄▀░▄░░██▀▄▀
▀▄░▀█░▄▄▄░▀░▄▄▄░█▀░▄▀
▀▄▄▀▀███▄███▀▀▄▄▀
██████▄▄▄▄▄▄▄██████
.
..CASINO....SPORTS....RACING..


▄▄████▄▄
▄███▀▀███▄
██████████
▀███▄░▄██▀
▄▄████▄▄░▀█▀▄██▀▄▄████▄▄
▄███▀▀▀████▄▄██▀▄███▀▀███▄
███████▄▄▀▀████▄▄▀▀███████
▀███▄▄███▀░░░▀▀████▄▄▄███▀
▀▀████▀▀████████▀▀████▀▀
quedex
Newbie
*
Offline Offline

Activity: 73
Merit: 0


View Profile WWW
November 20, 2017, 10:23:40 AM
 #18

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.
Compa
Legendary
*
Offline Offline

Activity: 1006
Merit: 1000



View Profile
November 20, 2017, 11:23:43 AM
 #19

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.

                 ▄▄██████████████▄▄
             ▄███████████████████████▄
           █████████████████████████████
         ███▀▀█████▀▀ ██  ██  ▀▀██████████
        ██▀ ▄  ▀      ██  ██      ▀█████████
       █▀ ▄██▀        ██  ██        █████████
      ▀ ▄███▌      ███████████▄▄  ▄███████████
      ▄████▌        ▀██████████████████████████
    ▄██████     ██▄   ▀███████████████████████████▀
  ▄████████    █████▄▄  ▀███████████████████████▀
▄██████████    ████████▄  ▀███████████████████▀
    ███████    ██████████▄   ▀██████████████▀ ▄█
    ███████    ████████████▄▄  ▀██████████▀ ▄███
    ███████▌    ██████████████▄  ▀██████▀ ▄████
     ███████      ██████████████▄  ▀██▀ ▄██████
      ███████▄      ▀██████████▀      ████████
       ████████       ██  ██        █████████
        █████████▄    ██  ██     ▄██████████
          ██████████▄▄██▄▄██▄▄▄███████████
            ████████████████████████████
              ▀██████████████████████▀
                  ▀▀████████████▀▀
                   

LocalCoinSwap
   World's Most Inclusive 
         Cryptocurrency Marketplace
[]
██████████████
█████████████████
██░░░░░████████████
██░░░░░██████████████
█████████████████████
██░░░░░░░░░░░░░░░░░██
█████████████████████
██░░░░░░░░░░░░░░░░░██
█████████████████████
██░░░░░░░░░░░░░░░░░██
█████████████████████
█████████████████████
TELEGRAM
TWITTER
FACEBOOK
REDDIT
INSTAGRAM
MEDIUM
LINKED IN
STEEMIT
Thirdspace
Hero Member
*****
Offline Offline

Activity: 1232
Merit: 738


Mixing reinvented for your privacy | chipmixer.com


View Profile
November 20, 2017, 11:28:56 AM
 #20

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

Pages: [1] 2 3 4 5 6 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!