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Author Topic: I have 12 Bitcoin. What should I do???  (Read 18590 times)
EmmaBen
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August 23, 2018, 01:45:37 PM
 #2041

After going through your brief investment history, I think your a hell of a smart investor, with good luck on your side as well. I will say your third option sounds really ambitious, and hopefully, you know exactly what you are doing, since you yourself have the educational background already to thrive successfully in that option of investing your money. If you are really confident in the fact that you "know what you are doing", then for me, I think option three is the best because with the success of whatever project you seek to develop, you stand to reap a mega fortune. But you should carefully weigh the odds. Otherwise stay away, because you can easily loose overnight your hard earned fortune. If you decide to stay away, then I also think that holding your bitcoins at least half of them, and seeking other areas of altcoin investment and putting your money just as you are doing is a great way you can continue with, since you already have the experience and, because the strategy has worked repeatedly for you.
You can also take out some profit like say half a bitcoin and invest it in forex trading where you are guaranteed of save profits regularly. I can show you how, if you are interested.
BTCHadzija
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August 23, 2018, 01:47:57 PM
 #2042

Take profits when the market is oversold, right now it's best to hold them or trade them (short) on exchanges
harapan
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August 23, 2018, 01:49:25 PM
 #2043

that's a very large amount, if I have that much bitcoin then I will do it
1> 10 bitcoins I will hold for the long term
2> 1 bitcoin I invest in some ico
3> 1 bitcoin I use to trade on the market

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trickyriky
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August 25, 2018, 10:35:19 AM
 #2044

If you have 12 bitcoin it is good to hold some amount of this and the rest converted into altcoins. Because altcoins are increasing their value the investor also like to invest in the altcoins. The crypto currencies are very profitable and having a good future for the users

If I had such a great sum of money, I would also hesitate what to do now. My advice: simply do not touch your Bitcoins. Let the cryptocurrency grow. It will let you get rid of a headache and bring profits.
justbitcoiny
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August 25, 2018, 10:42:59 AM
 #2045

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.

well, best option is to hold BTC and to invest on other altcoins, hold maybe like 50% in fiat, 25% in BTC, 25% in altcoins
there are a lot of good alt coins with low price
vcrypte
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August 25, 2018, 05:20:13 PM
Last edit: August 26, 2018, 10:01:24 PM by vcrypte
 #2046

If you have as many as 12 Bitcoins, then you can be called lucky. Sell a small part after Bitcoin grows up a little, and keep the rest to yourself.
allanaire
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August 26, 2018, 12:26:34 PM
 #2047

You just have to be happy, it's very cool, I advise you to keep them and the new year you will see how your patience will begin to pay off, because there will be a huge increase more than in January.

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Dheo
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August 26, 2018, 12:30:33 PM
 #2048

If you have such a large amount, then probably you do not need to do anything, just keep them for a long time to earn even more. The only way to multiply your money is trading, because with such volumes you can increase or decrease your deposit.

You can trade your money, if you have more bitcoin you can hold others and try to invest in any altcoin that you think you can earn huge amount of profit soon.
maksimukr1989
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August 26, 2018, 06:12:58 PM
 #2049

so in any case be in + I think you best leave part of bitcoin and invest in top altcoyins. This strategy should not let you down
curly228
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August 26, 2018, 06:27:33 PM
 #2050

Invest in a promising project, or try to do something your own, there are tons of options.
So think, friend

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August 26, 2018, 06:33:24 PM
 #2051

If you still have 12 bitcoins , I suggest you to spend a half of deposit on purchasing perspective altcoins and put the rest of btc into a cold wallet , as well as purchased altcoins for several years .  I think you will become a very rich person some day .

florinda0602
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August 27, 2018, 03:01:44 AM
 #2052

You can buy more coins and keep it for long term, then you can exchange the others for cash and put your own small business, in this way you can gain more while waiting for your coins to grow again.
Rowenza
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August 27, 2018, 03:04:30 AM
 #2053

Your so great. Having that 12 bitcoin can make you a millionaire. I think you should invest it or buy more bitcoins. And You should hold it because the market price is low.
Joriecoinbit
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August 27, 2018, 03:09:41 AM
 #2054

You can buy more coins and keep it for long term, then you can exchange the others for cash and put your own small business, in this way you can gain more while waiting for your coins to grow again.

I like the idea of having your own business. If I have 12 bitcoin, then I would probably cash out some amount to build my own business. While you're earning in cryptocurrency, you're also earning profit in your own business. It's like hitting two birds at one stone.
Raketa7
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August 27, 2018, 04:07:13 AM
 #2055

12 bitcoins ? ) you are a great fellow . I think the best option is just to keep hold
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August 27, 2018, 04:13:22 AM
 #2056

I would take the Bitcoin and invest in high quality alt coins with utility and purpose.  You may be able to turn that 12 bitcoin into 50 without to much trouble if you play your cards right.  No shitty hype coins like TRON either. 

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Guideare
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August 27, 2018, 07:13:23 AM
 #2057

You can buy more coins and keep it for long term, then you can exchange the others for cash and put your own small business, in this way you can gain more while waiting for your coins to grow again.
12 bitcoins are no doubt a very good amount and I will only suggest you to hold these 12 bitcoins for a long time. I hope that it will give you a very good profit, which I do not think is possible from any other altcoin investment, you need to remain positive and continue holding your bitcoin.
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August 27, 2018, 08:14:56 AM
 #2058

I think I'd buy a hardware wallet and hide my bitcoins until it was $ 50k. Then I'd buy a nice house
mahvia
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August 27, 2018, 08:34:13 AM
 #2059

so what are the currents stats for your investment/trading/holding plans? you still have enough funds worth 12 bitcoins?
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August 27, 2018, 08:41:09 AM
 #2060

If you still hold Bitcoin, then I suggest you should continue to insist that although the current price of Bitcoin is very low, I think its price will rise again. I suggest that you should continue to hold your bitcoin.
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