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Author Topic: I have 12 Bitcoin. What should I do???  (Read 18589 times)
ArrogantPeacock
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November 29, 2017, 10:31:48 AM
 #261

I would recommend you in case that you only have BTC to make sure to buy some other coins as well. What I would do is keep about half of the Bitcoins and invest the other half in other major cryptocurrencies, maybe something like Ethereum or some other top ten crypto. XRP is quite a good example as well, the coin has been doing great and the future potential is quite big. What I'm trying to say is that you should diversify, which means to reduce your risk of losing more money than you actually have to. If you are diversified (invested in various coins) then you reduce the chances of going bust, which is a real danger when you consider just how much volatile the cryptocurrency market really is.
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civilufo
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November 29, 2017, 10:33:42 AM
 #262

Hold and collect all other hardforks   Grin

gin113
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November 29, 2017, 10:38:11 AM
 #263

keep 8, put 2 in eth and 2 in lite or dash
KingScorpio
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November 29, 2017, 10:47:11 AM
 #264

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

bitcoin will not be defeated by the usd, bitcoins defeats many fiat currencies, after that new currencies will come that will defeat bitcoin, they will then also be deflationary like bitcoin is to the usd, why should poor people in inner cities work or accept an ressourcewasting cryptocurrency like bitcoin

regards

Queta_7
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November 29, 2017, 10:51:17 AM
 #265

2) Invest in altcoins and leave a little in Bitcoin
Pay attention to the new VR gaming alcoin project - IQeon. They already have ready working app, strong marking plan and roadmap. I think it will be super cool profit!
Their bitcointalk thread - https://bitcointalk.org/index.php?topic=2479328.msg25378291#msg25378291. Their website - http://iqeon.io/
Trixie28
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November 29, 2017, 11:19:45 AM
 #266

For me you should do is to hold the bitcoin until it pump high second invest it third other put into eth and the half id in the btc wallet  then exhange it
Kemileye
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November 29, 2017, 11:29:38 AM
 #267

Woow 12 bitcoin is a whole lot of money now I advise you invest half of it in promising altcoins and HODL the rest of it for bitcoin hit 50k USD. Investment in promising altcoins will also make you richer.

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percy_tc
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November 29, 2017, 11:39:59 AM
 #268

Send me over 0.1. I'm poor!  Grin
Javathon
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November 29, 2017, 11:42:38 AM
 #269

If I were you I will just hold it. The rate of increase of bitcoin today is uncontrollable, and it is the fastest growing coin in the history of cryptos. Just believe in bitcoin and you won't regret anything
ubeng07
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November 29, 2017, 12:17:09 PM
 #270

If I were you, I will sell 2 btc to buy other coins, just like people say do not put all your egg in a basket.
Or sell all and start your dream journey Cheesy

exactly and right you need to have atleast some coins in some other coin dont just stick in just one only cause in altcoin even though that the price are not so high like altcoin but we know that there is some of it having a great potential that can give you a huge of profit so this time it is the right for you to have some coin too.
Risotto
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November 29, 2017, 12:29:06 PM
 #271

12 bitcoin is a very large sum, you can give the altcoins a chance
At least a portion, maybe you will win, stay in bitcoin isn't sensible for now
ASHLIUSZ
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November 29, 2017, 12:33:13 PM
 #272

12 bitcoin is a very large sum, you can give the altcoins a chance
At least a portion, maybe you will win, stay in bitcoin isn't sensible for now
Just keep hold of what you have in the wallet. When considering the price it has reached, having 12btc in the wallet is something big. If necessary try to invest one or two bitcoin into altcoins. Hold the rest, and automatically upon the growth happening with time user will get profited.
Bybox
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November 29, 2017, 12:48:05 PM
 #273

Wow 12 bitcoin, it is a lot bro, you must be an very successful trader to have this an good sum. Good job mate. Now for your question I would advice you do invest in 60 percent of your bitcoin into promising altcoins like Ethereum,Ripple or Lisk. Or you can also start making your own ICO like a lot of people here. They make a lot of ICO successful with just a website and a good thread, some of them do not even have a white paper and a good track record ...
krisnt80
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November 29, 2017, 03:48:34 PM
 #274

You should keep a part to invest, soo lets say if i were you i would keep the 10 bitcoins and i would go play with 2 bitcoin, sure its 18000 dollars, but hey soo far you had lucky to join into the best moment into some altcoins wich bringed you good returns, even with bitcoin up sooner or later altcoins will need to readjust their value, soo i would make those stay safe with the coins and invest a tiny part nothing else, since you realized you bought at 1900dollars and is around 5 times your investment soo hodl.
volodyachub
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November 29, 2017, 04:55:50 PM
 #275

wait! He'll grow up in 3 times!
sgenuine
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November 29, 2017, 05:23:58 PM
 #276

Maybe the alternative decision will be to leave on your wallet half of your Bitcoins and start using the rest of BTC for trading — getting other altcoins that have good future. You can earn on their growth much if you invest a lot!
Messwithjeffpfd
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November 29, 2017, 06:03:03 PM
 #277

Wait it out. Its value will only grow since there aren't an infinite amount of Btc.
blacktux88
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November 29, 2017, 09:31:23 PM
 #278

would hodl 8 of them 4 reinvest to altcoin

HichemFetoui
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November 29, 2017, 09:35:56 PM
 #279

good! for now hodl
Obi2024
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November 29, 2017, 09:50:28 PM
 #280

having 12 BTC is good man, if i were you i will keep 6 and put the other 6 in very good alts, you will double or triple your BTC holding with 50% of the alt you buy in no distant time if you are lucky to have a good alt.
Then you can keep repeating that with 50% of your BTC holding while you keep the other half for the days ahead.

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