I have 12 Bitcoin. What should I do???

[avilsd]

I hope you fund a project and diversify a little bit Congrats on $130K+! Big, big day for the crypto world and Bitcoin.

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[KuromaYoichi]

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.


Fill out this form and win 1 Ether - https://goo.gl/forms/win91V0u6mljlxHu2

Looking at your history, you have a good track record trading alts so i suggest divide your money 50 50, leave 50% in bitcoin and use the other half to trade alts. Don't ever convert it to fiat if you want your money to grow. That's quite a story, i myself rode the xrp pump back then in may in order to turn my $100 into $1200 and use it as a trading capital.

[1kings]

I'd advise you do a 50-25-25 between the first three ideas. From what you have on your YouTube channels, you don't seem to have any need for option 4. I might be wrong though.

Developing a coin would require lots of work and a team, can you handle that now.

Cheers and I hope I win 1 ETHER.

Edit: a little investment outside the crypto world would be fine, especially the one that can grow and still give steady ROI. that could give you some regular change for cinemas, vacations, gas, etc.

[Mystic dream]

wow are you serious,
You have 12 BTC, if I become you, I will hold a portion of BTC and for the rest of it I will Invest in altcoins

[Guddini]

Excellent result, if you so raised trading on the exchange, then I would continue and increase my income

[Meruem]

Oh, god. You have 120 000$. Congratulations, you deserve it, because you have earned it with your brain.
If I were you I would diversify this fund a bit. The most of this sum I would still hold for a long time, because as I believe, bitcoin will rise significantly.
I would hold..hm.. maybe 10-11 BTC. The other part you can use for trades, bounties, ICOs and so on, because as I see you are a smart investor and you can multiply your wealth.
Good luck and keep becoming rich!

[zurc]

I recommend you to just hold it because bitcoin keeps on increasing and it is already an investment. Bitcoin in the future will be much more expensive and only sell bitcoin when you need money.

[ADA0031]

You are so great! NEO makes a lot of dreams. I think the most important thing for you now is to divide the warehouse. The operation of small funds is different from the operation of large funds. You can divide your total funds into several parts. Define different rates of return, risk. Holding time and so on. The major funds are stable.

[mich]

exactly how many dollar levels you have logged in this section is more important for me. if you buy 1 btc when it is $ 1000 i definitely recommend you to sell it. probably the price of bitcoin will see the levels of 12 thousand dollars in the next few days. I am aware of that and be assured that this will happen, but I do not have the courage to be involved in bitcoin at these levels. So I will wait in fiat. but next time I suggest you get out of Bitcoin. If you do not need this money you have long term, you can wait. but it does not want to lose all the wealth that you have.

[mercer007]

Don't do anything if you don't urgently need money, just hold it for some more time

[xandriel]

haha. that's really a big mount of BTC. I think you should hold until BTC reaches $100,000. You will become a millionaire

[abeke]

I'd invest 1/3 to top 10 altcoins. Cash out few BTC. And hold remaining BTC till it hits 20-25k.

[flower1024]

haha. that's really a big mount of BTC. I think you should hold until BTC reaches $100,000. You will become a millionaire

He can because he is having a lot of patience or else he can't wait from $1k to $10k. Frankly, i want to say one thing even me also sold around 10 BTC from last 1 year suppose if i hold that all bitcoins today i can also buy whatever i want from that money. Anyway, my suggestion is also to hold your bitcoins one more year.

[DonaldTramponald]

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.


Fill out this form and win 1 Ether - https://goo.gl/forms/win91V0u6mljlxHu2

In my opinion, one of the best options is the second, but I would modified it a bit - 50×50.
50% in altcoins. If in doubt about what to invest in 10 recommended well-known coins.
The other 50% always keep in Bitcoin. In this case, your portfolio will always rise and bring a good profit.
And Yes, some part of the Deposit can withdraw in Fiat.

[Hafas Rama]

This is a great achievement because it can get 12 bitcoins.
I think you better hold bitcoin until the end of the year may be worth up to $10000.
and for next year you can form a team and make ICO.

[xzone]

It was a very nice profit. I think you should sell some of what you have and continue to invest with the rest.
Hold 5 btc. 3 btc for investment and sell 4 btc

[StrikerEureka]

I would say: Never put all your eggs in one basket (many do not wanna hear this but Bitcoin could also just crash and never recover again). Better you take a look at some promising projects and diversify your portfolio in case Bitcoin does not take the direction you want and also it highers your chances to makes some huge gains again if you make a risky but smart investment. I personally see huge potential in Deeponion: Natively connected to the TOR network with fast and anonymous transactions, strong community and passionate devs that are constantly improving and updating their project. There also some promising features and big milestones on the roadmap, check them out on the official website or join the forum if you are interested!

[BenR]

First, pretend that you don't have any money in Bitcoin. How much of that $120K can you afford to lose? If the answer is none, convert immediately to fiat and other safer investments. Crypto has enjoyed great returns but don't go in for more than you can afford.

... but if you can, try to keep as much as you can invested. HODL!

[nildyan]

Lucky you have it. Just HODL man. it will go up soon and maybe 20k USD soon. I will buy more of it I have my salary.

[parekoy]

If you're a trader then use a portion of your Bitcoin to trade because traders aren't holding all their resources and trading is like a gambling but it's better than gambling because a skilled trader can get more profit than a skilled gambler.