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

[crypto_Butterfly]

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 would say its better to maintain on the thing that you did on last 6 months. Imaging starting out with less money and make it grow to 12 BTC  isnt a joke even an average person cant really make up that high.Im sure on that even investors would struggle to reach out 12 btc within 6 months with just that capital.If i were you better to continue on what you are doing. If you dont mind, whats the thing you are actually doing?

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.

I really suggest you to continue like this and you have your future secured for passing rest of your life. 

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[Mr Batman]

just hold or buy ETH, because i believe the eth price will increase at the end of 2018 to 5x from the current price

[zhelis74]

just hold or buy ETH, because i believe the eth price will increase at the end of 2018 to 5x from the current price

If i have that amount of bitcoin then i will covert the half into our local money and hold the remaining half because i have my own personal needs that differ from others, so if that is really a question on what you should do of your 12 btc then seriously my answers is its all up to you since we are all have different purpose and needs of financial aspects.

[Handsome Boy]

just keep the bitcoin you have, because bitcoin is the best coin to be a long-term investment.

[Irkytsk38rus]

just keep the bitcoin you have, because bitcoin is the best coin to be a long-term investment.

This is probably not the best solution,keep all your money in one single coin as it seems to me the purchase of other coins for the future, it is necessary

[themistocleess]

I think you should hold the bitcoin and not invest in altcoin and other coins.

[danmoris]

Since 12 BTC is a good amount nowadays, I would begin trading with 1 BTC and hodl the rest.
But choose carefully if you are to multiply your profits.

[marktedraut]

First of all: WOW!
Second of all, I'd say hold the bitcoin. The price has decreased substantially, as compared to a couple of weeks ago, thus, you'd be losing profit if you decide to switch to altcoins, at least for now. I'd say, hodl it until the BTC rises once again (because it will, trust me). Have in mind that it might not reach 20k, but it will be more than 15k for sure. Thus, if you want to maximize your revenue, hodl it, then sell it when it reaches its new peak (you'll know when this phenomenon occurs) and then - invest in new altcoins.

[ss10miner]

why not take some bitcoins into ICOs?   Keep 80% , and  put 20% into ICO

[pocketfullofpoke]

Why not invest in some alternate coins that are very potential to rise for about 10x its base price now? There are lots of alt coins in the top 30 that is still very low in price now but with big market cap. Those alt coin might give you a pure chance of having a winning investment in the long run.

[kennyy2929]

if i have 12btc, i would cash out 6btc, 5 for holding and 1btc for altcoin. at least you cash out and earn some in case anything happen although it might not happen. but who knows?

[asdlolciterquit]

if i have 12btc, i would cash out 6btc, 5 for holding and 1btc for altcoin. at least you cash out and earn some in case anything happen although it might not happen. but who knows?

mmmm i disagree.

If you don't need fiat money right now, or you don't believe in btc anymore, you shouldn't cash out.

I wuold suggest to convert 2-3 btc in some altcoin, and trade with them as you have done in the past.

[btcprospecter]

You obviously have a skill for making the right investments at the right time weather you want to continue or just cash out and start again from scratch is a decision only you can make. If it was me I would hold at least 80% btc and invest in other altcoin.

[Ryanpogi]

If i have 12 bitcoin i can buy it but i really plan to invest for my money, and if i have a business to maintain my income .

[LuckyHopper18]

Well I guess if you feel you had enough of the bitcoin you can cashout. Thats a big money and you can start your own small business. If I am you, I will invest the half of your bitcoin to altcoins that have potentials in the market.

[marinko9]

Start your own cryptocurrency. I'd like to join, too

[Anonymous Kid]

I invested most of it into Skycoin. thanks for all of the suggestions  I'll update the thread if I change my portfolio.

[Godwans]

I invested most of it into Skycoin. thanks for all of the suggestions  I'll update the thread if I change my portfolio.

Go do research on Stellar Lumen/XLM..you may wanna put some investment there..Oh..and Eth.

[kostepanych2]

I think is good to hold one half of it.
And other half exchange to altcoins from top 10.

[Haslett5236]

Edit: I have now invested 50% into Skycoin, 20% into Raiblocks, 30% into Bitcoin

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.

wow 6 month long you earn 12 bitcoin from 0.01 and 1000$, that really a nice earn for you guy

you can still keep on trading because you have a good trade talent .