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Author Topic: I have 12 Bitcoin. What should I do???  (Read 18595 times)
sorrowfulnightcries
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December 11, 2017, 10:42:59 AM
 #501

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.



hmm with that amount of bitcoin specially in a form of a profit from an earlier investment then I would try to invest it in altcoin or just fund a project if I already have enough money for my self.  But I would still try to play itself and save 50% of my bitcoins for continuous holding.

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December 11, 2017, 10:54:03 AM
 #502

When the price is more than 18,000 dollars, sell half, and the second half and leave in that currency. Maybe in the future we'll see 100,000 dollars or more.
I think that the price of bitcoin in 100.000 dollars we will see already in 2019, and maybe a little earlier. Now not many people know about the crypto currency - about 5% if I'm not mistaken. But think, what will happen when all the people of the world learn about crypto-currencies?
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December 11, 2017, 12:41:45 PM
 #503

You already have that 12 bitcoin now, I suggest that 80% of it hold it so that your value of bitcoin in the future will increase. 20% of it suggested to convert it it now in order for to feel now the benefits in investing in Bitcoin perhaps that bitcoin was purchase when the value of bitcoin still low.
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December 11, 2017, 12:44:09 PM
 #504

You are great , I even would say suprescia results , it is better to continue what you are doing and increase your capital
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December 11, 2017, 12:48:40 PM
 #505

wow you are so rich and will be more rich if you hold for 1 year. it will be grow up
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December 11, 2017, 12:58:00 PM
 #506

You already have that 12 bitcoin now, I suggest that 80% of it hold it so that your value of bitcoin in the future will increase. 20% of it suggested to convert it it now in order for to feel now the benefits in investing in Bitcoin perhaps that bitcoin was purchase when the value of bitcoin still low.
That's great to have 12bitcoins, ok let it be the option I would think is go sell the 50per of the coins means 6 coins as the bitcoin price is very good at this time and remaining 6 coins hold it for quite a few time if the price goes beyond 20k$ then sell that's looks like a better option.

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December 11, 2017, 01:09:06 PM
 #507

I think if you have 12 BTC, you can divide it into 4 portions, then according to your expectations of four plans to realize respectively, in the future will certainly get good returns, regardless of the currency is up or down.

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December 11, 2017, 01:15:04 PM
 #508

Hodl hodl hodl hodl!!!! Just don't sell them and you will get a big profit.
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December 11, 2017, 01:44:55 PM
 #509

That's big amount of money right on your wallet. If i have that amount of money and you will give me the same choices, i will choose the first and the second choices. But on the second choice, i will invest on bitcoin more than i invest in altcoins because we already know that bitcoin is hurting the alt coins because of its drastic price hike lately.

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December 11, 2017, 01:57:00 PM
 #510

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.



hmm with that amount of bitcoin specially in a form of a profit from an earlier investment then I would try to invest it in altcoin or just fund a project if I already have enough money for my self.  But I would still try to play itself and save 50% of my bitcoins for continuous holding.
that would not be enough to make own cryptocurrency,because making
a project needs large capital to advertice your coin,in campaign itself you will
 spend more than 6-10 bitcoin respectively in all sort of campaigns.

What you do better?let the 6 btc in your wallet for long term investment,and
the other 50% is on offline business in which you can be sure of big profit
 if you will open a business fits for your skills
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December 11, 2017, 02:00:38 PM
 #511

12 btc will be a great fortune in the future, so just hold it and do nothing, many people lost their bitcoin because they want to sell high and buy low while they can never buy back as the train run so fast
Ciucas
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December 11, 2017, 02:15:17 PM
 #512

You are really good man ! 12 BTC will probably be worth 1 million $ at some point, so just HODL  Cool

nhattori27
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December 11, 2017, 02:26:21 PM
 #513

I think It would be better, if you leave a little in Bitcoin and with the rest of the fund you can invest in altcoins.
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December 11, 2017, 02:29:28 PM
 #514

i think you keep holding 12 BTC because i believe  the bitcoin price hit $20,000  end this month .

maybe the bitcoin price can break $25,000 very soon.

mercer007
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December 11, 2017, 02:57:42 PM
 #515

Hold 70% of your bitcoins and invest the remaining 30% in good alt coin that have low marketcap and have potential to grow.
irsada
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December 11, 2017, 02:58:04 PM
 #516

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.



if I were you I would Convert to Fiat as much as 6 bitcoin.
so I can enjoy my work for 6 months and vacation around the world.
and 6 bitcoins I invest in bitcoin and see what happens after I'm on vacation.
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December 11, 2017, 03:01:54 PM
 #517

The author of the theme write, what happened to your 12 bitcoins? can there be 13? and what are your plans for them? found the best solution for yourself?

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Sone11
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December 11, 2017, 08:49:55 PM
 #518

50% hodl.. 30% other altcoins investment and 20% trade or maybe the other 10% should be in other passive in cryptocurrency like lending or some sort of like that
Anonymous Kid (OP)
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December 20, 2017, 07:54:00 PM
 #519

The author of the theme write, what happened to your 12 bitcoins? can there be 13? and what are your plans for them? found the best solution for yourself?

I lost a lot of them and went down to 7 Bitcoin by trading alts. Then I got more of them back and have over 14  Smiley
sale.kripta
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December 20, 2017, 07:56:04 PM
 #520

If you have so many bitcoins, then just sell half, and leave the other half. This will be the right decision, especially the price of one $ 18,000.
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