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

[jmalkovich]

Keep 8 of them in BTC, spread the others for small market-cap good projects. Wait for the future

[Ragnar Lothbrok]

follow ICO to double the bitcoin you have, but you have to choose the ICO that has the chance to succeed in the future, in order to get a big profit.

[jimmyjohnjimmy]

Hodl that and see where it goes! Unless you need the cash why not see where it can hit?

[coingrow]

Although I would have picked the second option to have invested half in bitcoin and keep the other half in alts, but the alts that you have chosen is the next big think. I would hold skycoin to 100x from here.

[FairUser]

The price of bitcoins has fallen in recent days so its good to hold bitcoins for next few months as its expected that it can achieve the price of $25k in next year so selling at that price can give huge profits but if you are a risk taker and want to grow your bitcoins faster then you can invest some of it in different altcoins and try to multiply your coins faster.

[Elsonbol]

I think you should keep 5 bitcoin in your account, sell 2. and do buy- altcoins can earn good money if you follow the market. but most of them are already increasing in line with BTC, so that the biggest gain will already be from BTC.

[engrlodi]

I think you are good in holding in bitcoin or you are good in trading. You get high profits buy trading in bitcoin. Why you dont trade in other coins so you more profit too.  But dont get all of your bitcoin just get only, I think 1brc for trading in other coins, then that 1btc can get more profits too. I think you can get a good bussiness too you can achieve your dreams by spending some of your bitcoin too.

[Cotton Candy]

Edit: I have now invested 100% into Skycoin

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.

Bitcoins are falling these days so moving it into different platforms will just make you cut your loss and lose that money forever. I advice that just wait until the bitcoins became $20k again and then after that you can now diversify your money into different investments like altcoins because there are allegedly successful altcoins and that will be so nice just in case the bitcoins really drops at least you have a lot of back ups because that is a lot of monwy you have there

[KingKrypto]

Edit: I have now invested 100% into Skycoin

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.

You have several options, this is what you can do:
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.

Risky:
1. Sell when it's high, buy when low to get more BTC this way.
2. Buy ICO, you have more chances to get 30 000% profit than just going with BTC.
3. Daytrading.

Less risky:
1. HODL

[Jombitt]

Edit: I have now invested 100% into Skycoin

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.

Its your choice to make,  12 bitcoin is a big value right now.  If you are going to hold bitcoin for another years there is a chance that your money will be more in the future. You can split your bitcoin,  6 btc to keep and 6btc to convert into a potential altcoin.

[cryptoquality]

I think you should hold onto it if you don't need to spend it.

I think 2018 will continue to show an increase of Bitcoin.

That can be one option but I fins it kind of risky. First rule of investment is that you should not put all your eggs into one single basket. By considering this rule you can divide your portfolio and buy little alt coins.

[pinkpanther03]

Edit: I have now invested 100% into Skycoin

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.

I definitely agreed to your answer in 1 and 2, hold the 50% of your capital investment the rest invest it in the ico project campaign. Because  there is a big chance that you can multiply your investment  capital into x3 or more.

[iigor]

I think holding it is not a bad option. But I suggest selling half of it and invest in altcoins. They are a lot of good opportunities and you will reduce your risk level by investing in a variety of assets.

[kanmo]

Wow, 12 bitcoin is huge, I can advise you to hold on to your 12 BTC and wait for it to increase because there are predictions that by 2018 bitcoin price can rise up to $28k and by that time you will make over $120 k profit then.

[omwibya]

take 1 BTC and invest in alts. ETH, monero etc.

[seek4dream]

You started about 6 months ago with 0.01 Bitcoins and $1000, and turned it into 12 Bitcoins. That is really amazing.
If I were you, I'd invest 50% into altcoins, including ICOs.

[Sevaev]

Edit: I have now invested 100% into Skycoin

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?

How could you do 10 bitcoins in such a short time? it's just a gift, continue the same way, then you can do even more.
I do not know how, I have all the investments burning.

[nodav]

Invest part of the bitcoin in stocks or mutual funds. Invest in business venture, I recommend get a franchise of a known brand so you will have lesser risk. Buy altcoins that look promising. Put your eggs in different baskets so that in case one or two of your investments fail you still have others to cling to.

I agree with you! If you want to reduce risks in addition to generating income, you need to diversify the flows. Probably want to receive a flow of real money, then invest some part in the franchise, the real business of the finished model. And buy some alcotnones, and leave some in bitcoins

[Farben]

HODL is the safest strategy, you can just keep your BTC and get free coins from different BTC hardforks.

[nasip35]

Keep half of your bitcoins. You can invest the rest half of your bitcoins as altcoins.İn this business patience is the most important issue. So because of this reason keeping your half of bitcoins would be beneficial