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

[svojoe]

You can significantly increase your capital if you are an experienced trader by selling BTC for USD at high and buy at low vice versa. But if you are not a trader my advece is just buy some top10 coins + some small cap coins which can make good profit in a short period of time.

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[hoeda]

if like that, i will sale my bitcoins and buy bitcoin cash.

why?

because, i have read a post on instagram...

"Founder of bitcoin site selling all his bitcoin. Emil Oldenburg, co-founder and CTO of bitcoin.com site, has sold all its bitcoins because it assesses the risk of bitcoin is very high. He said "people want it like this, they see bitcoin as digital gold, not as a real-use item. As long as the network is still run by these people, the bitcoin willn't be the 'currency' that can be used for the needs everyday, the solution is in Bitcoin Cash, there I see the future. "

So... How?

[Skyrah2008]

Edit: I have changed almost all of my Bitcoin into Bitcoin Cash (scalability issues are becoming an increasing problem in Bitcoin and bigger block sizes seems like the way to go). Since making this post I have also increased my portfolio. Time to hodl. I think I will invest 20% of the rest of the Bitcoin that I have into altcoins.

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. Finally, I got in on Wincoin before it got to coinmarketcap and turned a 20x profit.

Do you know how is that in my country? it is equivalent of 8.7M in my country its a very large amount of money. I wish I could have that sooner or later. But base on your statement I observed that your good in altcoin trading, you know how to roll your capital in terms of invesment. You know how to discipline yourself in this matter. I think you better continue what your doing anyway mate. It is because you know what you're doing dude.

[greenbitsgm]

Just keep holding the bitcoin and continue what you are doing in  earning more bitcoin for the last 6 months , another 6 months is no big deal to add another 10+ bitcoin during that time then you'll have more than 20 bitcoin, it's probably the time to cash out like 10 Bitcoin leave the rest as your investment and then buy some altcoins for another investment then take a vacation,go on cruise and enjoy the fruits of your bitcoin.

[Newboybb]

That's a lot of money. You can sell some bitcoins for fiat money, and then sell some of them and invest in ICO, and then you're going to be a winner in life.

[Nickface]

You should do pretty the same, what you did during these 6 month)) You're really cool. And you don't need the suggestions from here)))

[monika27]

I think that the sell bitcoin for dollars is very foolish. Better or leave them, or partially invest in ICO. Anonymous Kid was able to earn very much. Smiley

[Irkytsk38rus]

Continue to invest in cryptocurrency,and multiply their assets, would have left 50% in bitcoin, the rest distribute to the altcoin and ICO

[Greenrace]

you should sell some bitcoin you have and invest in some good alt-coin and wait for your investment success

[Adioliver]

Edit: I have changed almost all of my Bitcoin into Bitcoin Cash (scalability issues are becoming an increasing problem in Bitcoin and bigger block sizes seems like the way to go). Since making this post I have also increased my portfolio. Time to hodl. I think I will invest 20% of the rest of the Bitcoin that I have into altcoins.

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. Finally, I got in on Wincoin before it got to coinmarketcap and turned a 20x profit.

That's really great sir you really have the nack to earn money via cryptocurrencies.12 BTC in just 6 months is a very good achievement.I think if you can make such decision and drop the college to make your living out of cryptocurrencies then instead of asking advices you should make your own decision.

[SenseiSan]

That's a pretty amazing feat you have there. The easy answer is to diversify your portfolio, with most of it in bitcoin, and hope for the best from there. But if you earned 12 bitcoin, what are you doing asking a bunch of strangers on the internet? obviously most of us don't have even half as much as you do, so I'm not sure what you're trying to get out of this.

[Searing]

Edit: I have changed almost all of my Bitcoin into Bitcoin Cash (scalability issues are becoming an increasing problem in Bitcoin and bigger block sizes seems like the way to go). Since making this post I have also increased my portfolio. Time to hodl. I think I will invest 20% of the rest of the Bitcoin that I have into altcoins.

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. Finally, I got in on Wincoin before it got to coinmarketcap and turned a 20x profit.

Well, if it is not LIFE changing money...I"d HODL.

Imagine if you sold it say around July 2016 for $478 bucks or some such...you'd be a crying now....yeah you could lose the works..but which would make you feel worse?

(or my convoluted logic on all this)

[fazerockzx]

If i were you, lets say i have 12 bitcoin, i'll probably split it, 20% on ETH, 20% on litecoin and then hold onto the remaining 60% on bitcoin. If i need to spend some of it i'll just get the amount of what i need on bitcoin. That's all i do to it somehow.

[nambunamba]

Edit: I have changed almost all of my Bitcoin into Bitcoin Cash (scalability issues are becoming an increasing problem in Bitcoin and bigger block sizes seems like the way to go). Since making this post I have also increased my portfolio. Time to hodl. I think I will invest 20% of the rest of the Bitcoin that I have into altcoins.

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. Finally, I got in on Wincoin before it got to coinmarketcap and turned a 20x profit.

to hold or to invest on other coin is good option. bitcoin soon will increasing but the problem is , is bitcoin already too high?. you need to consider it before hold bitcoin. maybe invest on altcoin would be better option for now. i suggest you altcoin such as iota and ripple both have good potential to grow and both are amazing coin with good project.

[yourialfa]

You should sell some and invest some in bitcoin. Or you can buy some altcoins then invest in altcoins. If for long-term investments of course this will be a huge profit. Hold your bitcoin until the right time.

[loaddebitcard]

My answer is simple: HODL! Especially now when bitcoin dropped in price it's stupid to sell it or turn in altcoins. It was not dumb to trade it when it was $20k in price actually.

[Nukleo]

I would keep the bitcoins in your place for at least another five years.

[gtsmmst]

You are very smart man,my friend , and lucky! You make very good decision there by investing some of your money at crypto,in my oppinion you have to hold 2-3 bitcoins for future and at the rest of money invest to promising ico 

[Jarx]

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)

Second option is the best, so you have a foundation with little bitcoins and you can also trade on the market so the lost of some altcoins would be much less problem than a loss of a BTC.

[xPPx]

Spend 6BTC on a down payment on a house and nice car. Keep 3 coins as BTC. Invest the last 3BTC the same way you did previously. If you can flip nothing into 12BTC, you can support yourself for the rest of your life with 3BTC.  Good luck!