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Author Topic: I have 12 Bitcoin. What should I do???  (Read 18589 times)
RunningJack
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November 27, 2017, 07:21:21 PM
 #121

Hello. Diversify. Get some Fiat for the bitcoins. Buy some Ethereum and maybe 2-3 good altcoins. Do your own research. Better to take some profits
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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CryptRoller
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November 27, 2017, 07:22:32 PM
 #122

You converted this to 12 BTC in 6 months and now you're searching advise? Lol.
Keep doing what you're doing. You ace it!

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November 27, 2017, 07:22:42 PM
 #123

I prefer 50 50. because at this time bitcoin is also very good, so it would be very bad if we sell it now. so in my opinion 50 50 is the right choice. 50 investments in altcoin and 50 for our hold.
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November 27, 2017, 07:24:16 PM
 #124

You converted this to 12 BTC in 6 months and now you're searching advise? Lol.
Keep doing what you're doing. You ace it!

Better yet! Keep doing what you are doing and start a business advising or teaching others!

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November 27, 2017, 07:26:00 PM
 #125

It's better if you keeps your bitcoin in your wallet to be sure that it will be safe, otherwise if you hold your bitcoin balance in your wallet you can assure that you will earn income in the future. Because bitcoin value in the market was continuously increasing their value so there's also a tendency that your bitcoin amount you hold in your wallet will increase too. Or else invest it into business.
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November 27, 2017, 07:30:44 PM
 #126

You have done very well. You have been able to do great so far. Continue with your strategy as it has yield a very good result. Go back to school you need the education.You can combine crypto dealings and schooling.
kpierce77
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November 27, 2017, 07:36:06 PM
 #127

for now hold is the best thing. if you have bitcoin, I think you have a very big chance to get a very good profit.  Grin
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November 27, 2017, 07:37:18 PM
 #128

If you have 12 bitcoins then just hold the 10 and invest or trade the 2 bitcoins in different altcoins in the market because it will be a huge help for you to have another type of investment and also to diversify which is a really great idea and a must thing to do to lower the risk of investing and have more possibility to earn faster.

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Qunetick
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November 27, 2017, 07:55:06 PM
 #129

for now hold is the best thing. if you have bitcoin, I think you have a very big chance to get a very good profit.  Grin


I agree with you friend. It is really good if he will keep on holding his or her bitcoin because it is very good that he or she already had a big amount of bitcoin. If you look a at it, he or she already has a good profit of the 12 bitcoin that he or she has. But it would be the more if he or she will continue to hold it for more years.

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November 27, 2017, 07:55:50 PM
 #130

I have 12 Bitcoins. I am not a whale. I started about 6 months ago with 0.01 Bitcoins and $1000. I turned it into 12 Bitcoins so far and am pretty proud to say the least.

My question is, what do I do now?

As far as I can see, I have 4 options;

1) Hold the Bitcoin

2) Invest in altcoins and leave a little in Bitcoin

3) Fund a project and start my own cryptocurrency that solves a problem that current currencies face (scalability, Tx fees etc.). With the funds, I would be able to assemble a team, start a marketing campaign, get listed on exchanges etc. I am also a programmer which helps.

4) Convert it to fiat (probably the dumbest idea)


Edit: I should also add, I dropped out of school and have all the time in the world so can fully commit to any idea. I will earn my living of cryptocurrencies.

A few people have asked how I made my money so, if you are interested, here is a short summary:

Initially, I put it all into Bitcoin during the massive FUD of the fork around June when Bitcoin dipped to $1,900. Then I put half my money into NEO before all of the hype at around $12 and cashed out at $40. Then I invested in a couple ICO's and turned a pretty good profit of off the hype. After that, I got back in on NEO as soon as China announced the regulations regarding ICO's and rode the wave back from around $20 to $40 (I can't quite remember). Then, I rode the hype of Ethereum Dark, eBitcoin and a few other airdrop scams (after bribing a few of the devs, I got massive discounts in comparison to market prices and drove the volume up on their respective markets to get them listed on coinmarketcap which catapulted their price). Finally, I got in on Wincoin before it got to coinmarketcap and turned a 20x profit.
You were so clever enough to multiple from 0.01 btc to 12 BTC in 6 months. You know better what should be done and I am sure the decision you make would really be correct. I would suggest you hold back BTC 11.09 with you and start again from 0.01 BTC again. 0.01 BTC is very supportive to you. All the best.



























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max6575
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November 27, 2017, 08:34:30 PM
 #131

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November 27, 2017, 08:44:55 PM
 #132

It is best in my opinion to invest all of that into different altcoins because it is a huge amount of bitcoin and you can find a lot of great altcoins in the market that are undervalued and if you invested into some of those good altcoins in the market and just keep them for long term then you will have a higher chance that you might earn a lot of money in the future rather than holding your bitcoin.

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November 27, 2017, 08:53:14 PM
 #133

Pretty insane record that you have there. If I were you, I would continue what you are doing since it is working. Keep trading bitcoin and investing in ICO's that you think will be profitable, and you could even put some money aside to invest in projects that dont have tokens ( which I think will be more successful ).

Positivebetting
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November 27, 2017, 09:06:16 PM
 #134

Option one
You better hold it. Fiat and other altcoins won't bring you as much result as BTC.
Option two
Send some to me ) Useless for you, but nicely for me  Wink
abstractednerve
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November 27, 2017, 09:07:27 PM
 #135

It's an very huge amount so don't take any risk of investing it anywhere and simply hold for long term and sell when you are in a position of making huge profits.

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axiline
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November 27, 2017, 09:09:38 PM
 #136

Boy, this is a great result, I'm happy for you! Continue in the same direction, you're doing it right! Decide for yourself, and it will work out! Wink
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November 27, 2017, 09:17:00 PM
 #137

well if you want the easy way. Just hold. You will still make good money.
However if you want to diversify you can keep 10 btc and the remaining 2 BTC which are now almost worth $19K you can invest in cheaper coins like ripple which is currently worth .25 cents.
Believe it can hit $2 dollars by the end of 2018. Still hasn't done its run.
Also you can consider a good ICO.
Bottom line keep at least 10 BTC. Is better than gold

 
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November 27, 2017, 09:21:37 PM
 #138

Well If I would have that amount right now , I would cash out half , and the rest of them I would invest them into some alts and into some ICO's. There are some great incoming ico's like HDAC and TokenPay. Also some of alts will rise big.
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November 27, 2017, 10:30:53 PM
 #139

Guy, you're really cool. This is a very good result. Indeed, act on the same strategy and increase your deposit in bitcoins, you're good at it!
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November 27, 2017, 11:03:22 PM
 #140

Now you are a great capital owner, I congratulate you first... If I were you at your place, I return 25-30% to  the cash and invest in this money with a few altcoins and a few Ico's. The remaining part is enough for Bitcoin. Good luck.
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