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

[Endorphinity]

I hope that you managed to sell your coins at a high price. It seems to me that soon you will have a good chance to buy btc very cheaply.

[michael23]

It seems to me that it is worth investing a few coins in altcoins (choose good and promising altcoins), and you should keep half of your coins In the long term.

[batareya]

Bitcoin has not reached its best price, it's hard to dream about last December, but I'm sure bitcoin has a great place to grow.

[NOTARIUS_BTC]

I wouldn't sell anything. That's true. My advice is to wait six months,a year, to observe the course. Then make a more informed decision.

[John vera]

Invest it in altcoins and try not to withdraw it for a short term it must be a long term holdings then you should get bunch of bitcoin. be ready at all times specially when do tradings!

[privedvelosiped]

I admire your ability to earn bitcoins. Attaboy!!!! for year 12 bitcoins you earned.Great!
As for your question, I think you need to create your own marketing project. Think about what really is now not enough and start to create with the programmers

[Atang Sulaeman]

Hold your Bitcoin if the price reaches $10k usd the price will correct then before that you must convert your BTC to usd ,then after the correction buy the BTC again the outcome is more BTC.

Haha, easier said than done my friend.

it is indeed easier to talk than the reality, you better run it in the market by buying another altcoin,
and at a glance you can quickly understand the sales in the market, because with a lot of time you
are plunging into the market, and seeing a few months that you are working on is extraordinary, at least 50: 50, 50 for bitcoin held and 50 for altcoin

[Verberz]

The best strategy right now is to hold bitcoins. All of them. No altcoins, no ICOs. You just have to wait market's pump. But even in this case I recommend to invest in strong altcoins only 20-25 % portfolio.

[Quas09]

Based on the success and free time that I have, I have decided to research the top 200 altcoins and release at least one analysis of them a day. Will release the results in this group (first 500 to join will get access to the premium group) Link below...

https://t.me/CookieCrypto


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.

There are many things you can do to your bitcoins, you can hold it for a long time to gain a huge profit, or you can buy other tokens and trade it like Ethereum, Ripple, Waves and many more. and also hold it for a long time to gain huge profit. Trading is also a good strategy to gain profit, it's up to you how you will handle your 12 bitcoins. Goodluck!

[Aivengo111]

All you need to do is hold your btc and just keep waiting until the bitcoin price rise again, i stil believe in the end of this year bitcoin price can rise more than 10k$. I think bitcoin is the safest investment in cryptocurrency.

According to this https://longforecast.com/bitcoin-price-predictions-2017-2018-2019-btc-to-usd bitcoin price can drop by the end of 2018 but it will rise again by the end of 2019 to above $6000.

[viyumztf]

Your investment experience is very helpful to those who just entered the world of encryption. I may not be able to give you better investment advice, but if I have 12 bitcoins I'll cash them right away because the market is terrible.

[AshdiD22]

Currently, I think you should hold them, should not sell them out. BTC prices are at their lower levels and they will rebound, i hope,  starting in september until the end of this year. So holding them is the best idea.

I agree with you. Longforecast.com say that BTC will drop -33% by the end of August, and by the end of next year only it will rebound and cost about $6000 again.

[santouao]

The half of your funds buy some potential altcoin then the other half take it as a capital for your day trading. I think that is the best way on how for you to have more bitcoin. By diversifying your asset it can make you more secure than putting your asset on a single coin or investment.

[John_Davis]

The half of your funds buy some potential altcoin then the other half take it as a capital for your day trading. I think that is the best way on how for you to have more bitcoin. By diversifying your asset it can make you more secure than putting your asset on a single coin or investment.

I agree, and clearly you're good at picking the right coins so you should take advantage of that. Don't risk too much on any single offering, but continue selecting the coins that you think are the best.

You can also start drawing up plans for one of your own. That will take a lot more time and effort than it seems, so you might want to keep going with the altcoins while you get things in order. That way you can balance yourself between the income that you know you can get, and the income that you will earn with a big project in the future.

[kilacka]

I think it's better that you just hold it so you earn a lot and you do not have to worry about it when you enter it in a dangerous way, but just by holding a bitcoin safe and lage you'll see the bitcoin you are paying for.

[CutePanda]

I think in this situation the best thing you can do is just hold your bitcoin because if you want to split your investment to another coin it will be very risky and it will not be a good decision because i stil believe in the end of this year bitcoin price will rise more than 10k$.

[LinkinPrak]

Of you have 12 bitcoins then you should swap half of your bitcoin to altcoin, especially ethereum. If you want a large enough long-term profit, ethereum is a solution that can provide these benefits. Ethereum as the king of the ICO is able to provide huge benefits because the more people will turn to ethereum in the future because ethereum has great and capable technology. Therefore, before you are late, you will be able to follow the party of profit from ethereum.

[Ravenangel]

12 BTC isa god amount of quality coins that you have with you there, One of the most reasonable things to do currently is to hold on to these coins, as its almost a certainty that the coin will recover, however there are also options of re investing them elsewhere, like in quality alts, remeber to pare some and hold, maybe half of them .

[Runtown042]

You have 12BTC well I think that is great the current price of bitcoin is withing 6000$ to 6500$ and that is because of the current poor conditions of the crypto market so when the bull market comes it will increase so if you wisely deal with it you will be in the moon.  But I always advice on holding as well

[saaux]

nowadays bitcions, it's better to hold it first because it's very cheap now so you just wait. it will increase. or you want to add it to your holings.