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Author Topic: I have 12 Bitcoin. What should I do???  (Read 18595 times)
furfurol
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January 09, 2018, 11:37:54 PM
 #801

I would choose the first option. Holding is the easiest and most reliable way with so much bitcoins. I think bitcoin will expect growth this year
MarioLuck990
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January 09, 2018, 11:46:24 PM
 #802

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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 personally thing 2 is the wisest decision to make, I always invest my money
George P.
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January 09, 2018, 11:48:06 PM
 #803

Hold your bitcoin is like gold!! You will be rich in a few years!!
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January 09, 2018, 11:51:33 PM
 #804

Right now I would be holding them. The price of Bitcoin is not good to sell at the moment, so if you don't need the money, better hold and wait for price increase.

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January 09, 2018, 11:56:13 PM
 #805

For me its better to keep holding a half of your bitcoin then invest the rest in the altcoin through treading, buy some amount of altcoin that give you big income in the future.

Anonymous Kid (OP)
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January 11, 2018, 06:27:59 PM
 #806

Jeeez Sky making movess
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January 11, 2018, 06:37:50 PM
 #807

Quote
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.

Investing everything in a single coin was extremely risky, I know that you seem to be a talented investor and trader but at the same time you could have easily invested in a lot more projects, if for some reason something goes wrong you may need to start from the beginning and that is never a good thing especially since the price of bitcoin is going to grow even more in the year.

I believe that Anonymous Kid just promoting Skycoin - investing everything in a single coin was extremely non sense
G14tz87
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January 11, 2018, 06:46:49 PM
 #808

if I think half of the bitcoin is invested half more to buy some altcoin for the future.
darkfox12
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January 11, 2018, 07:40:35 PM
 #809

The most logical step would be to put some BTC away and forget about it.  You'll need that as your livelihood/it's good to secure some profits. Take the rest and start investing, this climate is still ripe for good gains.  Once you've accrued more wealth, if you're really serious, then you can start your own coin.  Or go and join a team. 
wanderloy
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January 11, 2018, 07:44:43 PM
 #810

Same as you I have 13 Bitcoins and my plan is to hold 50% than invest into other coins like Verge, Ripple, Tron and Oyster.
While I have a full time job that's enough to support my family needs I want to invest in Altcoins and watch them grow. I will never dump them unless I need funds for my project like house renovation and other important personal needs.

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January 11, 2018, 07:52:37 PM
 #811

Quote
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.

1 btc to 12 means your good at trading and evaluating the market so keep doing what your doing

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.

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January 11, 2018, 08:02:05 PM
 #812

I think the best thing what can you do with 12 Bitcoins is to... HODL!!!
in different wallets... in different devices... and offline...
mkcjeewantha
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January 11, 2018, 08:06:27 PM
 #813

 :)I think you have done a good job... so as my opinion is just kept doing what you have been doing, personally I think that BTC is going to be soo expensive near future so if I was in your position I would hold half and another half will invest on ALT coins for investment. so its all up to you to take your own decision.good luck!! Smiley Smiley Smiley

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jak3
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January 11, 2018, 08:08:53 PM
Last edit: January 11, 2018, 08:29:07 PM by jak3
 #814

I did not see any point, you started with the lower amount of poem And have managed to get 12 Bitcoin which is not nearly normal and now you're asking what you should do with that. First, you should invest somewhere just like you have invested it till now. If you ask other people we are just going to say convert it into a faint when you hold your coin. By the way, it's good that you have invested your money in Skycoin. When I do not believe in on altcoins much because they are much violent.
kingjackoin
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January 11, 2018, 09:34:55 PM
 #815

I would hold 11 BTC and invest 1 BTC to Rebellious, Viberate and Stellar Lumens equally.
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January 17, 2018, 07:36:17 AM
 #816

if I had 12 bitcoins, I would leave 6 bitcoins on a cold purse, I would buy 3 bitcoins ETH, Xem, Strat. At 1 bitcoin would be invested in ICO (for example: GONetWork), for the remaining 2 bitcoins bought low-capitalized coins, but with high growth potential (WaBi, ICX, DRGN, Nebl)

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January 17, 2018, 07:51:40 AM
 #817

Create a small project that has great benefits and impacts,
besides doing hobby trading
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January 17, 2018, 12:04:35 PM
 #818

I think you have done a great job until now. Maybe you should divide it into two. You can keep hold a half and the rest you can invest it in ALT coin. After that you can keep working, waiting and enjoying the result in the future. Everything is your own decision. Just think about it wisely. I hope you will get the best.

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January 17, 2018, 12:06:46 PM
 #819

I would say either hold it in btc or invest in a number of currencies you have been researching.

I mean selling 1 or 2 btc could be a good idea for a safe bet though

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January 17, 2018, 12:06:52 PM
 #820

For me its better to keep holding a half of your bitcoin then invest the rest in the altcoin through treading, buy some amount of altcoin that give you big income in the future.
Melt a little for your needs for 3 months. and hold 30% btc. 40% for trading. the rest you can use to buy a coin that is potentially big will rise in this year. this is very useful for you


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