Best way to use 45 BTC

[thedec4]

Keep some of the coins.

I mean it depends on his initial investment.. Whether he wants to withdraw that and keep the rest as profits to accumulate over time? That's probably what i'd do.

[DennisStoff]

maybe give some to another people who need it, like make donation to orphanage.

[BennyWalker]

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 advise to fix his profit. Your friend had already done a great move. So why not to tranfer 15-20 BTC in fiat. That money could be invested in some more conservative assets tham cryptocurrency like stock market of real estate. Another 20-25 BTC should remain in crypto.

[Crypto Nerd]

Gold diggers awaits!

[Dungard]

whatever you insist to do, at all times you have to keep some btc in your wallet( maybe like 10) the value will only grow more over time and for the 35 btc u already have you can start a business in real life!

[newwest]

Convert some btc and buy the good altcoins . rest of them you can either just hold it or do the trading. Trading will help you to earn some the quick gains of done at a right time.

[spiftheninja]

Do you mean how to actually send and receive them?

Or what to spend them on?

I would recommend holding the 45 Bitcoins for longer.

The price will continually go up.

HODL

[btcwish1]

In my opinion,  take a hardware wallet and put 35 btc there and just leave it secure ( just forget about them).  with 5 btc buy something for yourself be it holiday, a car or whatever you fancy.  with other 5 btc start trading and try to earn more money from those 5 btc... Good luck..

[TaxiBloger]

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??

According to research, most BTC holders will wait until price up to $ 195,000. So, your friend can sit in holders boat and wait for great gaining... What do you think about my advice?)

[Denlv]

If i have 45 bitcoins ill cash it out and invest in my profesion,and help my parants.

[dawidt]

sell half and buy house/flat for rent. second half keep next years.

[Decimation]

Doubt this is real, but if it is I would say you might want to cash like half of it out just in case.

[deathwish]

I would suggest to partly(about 10-15) invest in other altcoins after researching them. There are many which will definitely grow over the years.
For the rest of the coins, just let him HODL. Bitcoin will rise more and with all the forks happening, holding i will give more benefits.

[Dudeperfect]

Since you have already bought Bitcoins at a lower price, you are already in profit so you have the option to re-invest the profit in alt-coins, ICOs or other investment options. If you are holding in Bitcoin then itself is an investment and I believe that Bitcoin is going to perform very well in the long run so, in that sense, you will get multifold speculative gains even if you are doing nothing.

However, it is risky to keep all the eggs in one basket so you can diversify your investment in other option to spread the risk among those investments to avoid the possibility of loss due to any unexpected incidents. Meanwhile, make sure that you are holding your Bitcoins in the secure wallet.

[sheilasekarbumi]

I would go like:

- 20 for the house/land: For more stable assets
- 10 for trading: join some vip signals group, it may guarantee you to have around 10-30% return everyweek, this is your living income
- 1-2 for ICO: find some good & potential project to invest, sometimes can put a few thousands to high risk ico
- 3-4 for mining rig: self-explained
- 1 for traveling: enjoy life
- 10 just hodl: who knows what will happen in the future?!

[freakntoxikguy]

Depend on which kind you want to spending money on :
 - Entertain: Go gambling.
 - Earning : Investing and trading .

[BTCGOLD]

45 Bitcoins is a lot of money, so you can cash out it or invest some btc in eg Ethereum or Waves for higher profit

[deathwish]

Are you going to reply on what advice you finally gave your friend and what did you do with it
Interested to know.

[tony_san]

I think there are two ways about it , hold or sell some of them to invest other project.
1）Firstly , I think hold is not bed ， because the price is raising in crazy
2) In another way , I think there are lots of new and nice coins in recently , If your friends want to get another 45 BTC in the future , I think he should sell some of them and invest to new project.

[MiningDoc]

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??

So converting it to Fiat, don't forget to contact a good accountant.  If he lives here in the US, he is going to have to pay capital gains taxes on that if he wants to cash out.  With $360,000 why not remodel his/your home with a nice server room.  You could have a nice electrical system and cooling system upgrade, drop in 30k worth of new, more efficient miners, and pay a few months worth of electricity bills.  Start it up as an LLC and then use the new miners, "home office" remodel and upgrades, electricity bills, mining fees, ect as tax deductions for years to come.  Have an income generating business with free whole home heating.  Hell, you could put in a solar panel system and minimize electricity you need to pay for.

And then have enough left over to pay off/down mortgage, other debt, and take the family on a nice vaccation.