Just got into BTC

[stupidbtcayy]

Hello boys, I received a big amount of money in BTC & decided to keep it instead of putting it into my bank directly.

I'm really stressed about BTC, I don't wanna lose all this money because it's a big amount for me.

I don't know what to do anymore, wether holding or getting it into tether. Help

[Tolosi]

Keep your private keys safe and do nothing else.

[dr_hany0]

Hello boys, I received a big amount of money in BTC & decided to keep it instead of putting it into my bank directly.

I'm really stressed about BTC, I don't wanna lose all this money because it's a big amount for me.

I don't know what to do anymore, wether holding or getting it into tether. Help

Sell all btc  now  add keep  usd  . Then  after months  ( when  btc  becomes  more sheeper) buy  more  btc  again by the same  usd . 

[malevolent]

I don't know what to do anymore, wether holding or getting it into tether. Help

Get a hardware wallet if you haven't bought one yet (Trezor), and stay away from Tether unless you trust the guys behind it.

[antisocial77]

As others says get a hardware wallet first.about btc, dont sell it.it may fall but dont panic.halving is coimng so if it falls buy more.after 1 year you will make good profit.last choice is yours ofcourse.

[The Cryptovator]

Hello boys, I received a big amount of money in BTC & decided to keep it instead of putting it into my bank directly.

I think this good decision. If you could hold it for little bit longer then you might get good profit from it. Put your money into bank will not make much benefits in my opinion. I will not encourage to convert it tehter. Since you are new on crypto-currency that's why I think hold is better for you. If you could learn trading it will bring extra benefits for you. So just hold and research more what you should do in future.

[Questat]

You have to decide when you don't want to risk it or not, if not, you should sell it for fiat and save the proceeds to your bank account, that is safer.
There is no reason to convert it into tether if you are not investment on BTC, but if you are willing to take the risk and decide to hold it long term, I suggest you buy a hardware wallet and keep it in a safe place, it's safer than way.

[pooya87]

I don't know what to do anymore, wether holding or getting it into tether. Help

if you are worried about bitcoin then you must be 100 times more worried about altcoins specially centralized ones that are shady like Tether.

I'm really stressed about BTC, I don't wanna lose all this money because it's a big amount for me.

then sell a certain amount of the bitcoin you have received so that you end up with a smaller amount that you could "afford to lose". that way you are reducing the risk and your stress while still having some amount of bitcoin.
how much, depends on your personal preference.

[GreatArkansas]

I'm really stressed about BTC, I don't wanna lose all this money because it's a big amount for me.

This is always the problem of new people getting into the Bitcoin, that's why it is much better than if you are using Bitcoin as investing, then pooya87 is right, invest what you afford to lose.
Bitcoin for will never go away, much better if you are planning to hold it for the long term, no matter how it will dump hard or pump hard then it's much better to keep your bitcoin out on an exchange, get your personal bitcoin wallets for much safer.
Don't always look at the price of Bitcoin for not worrying too much because I also experienced that before 

[Kakmakr]

Ok, when you say big, is that between $1 and $100 000 or more than that. <Do not be specific, just a ball park figure> The reason why I am asking, is that some people think $500 worth of Bitcoin is a lot and when we advice them to buy a hardware wallet to store those bitcoins, then they would think it is too expensive to buy a hardware wallet that might be between $100 to $200. 

The cheapest option is to create your own Paper wallets and to transfer the coins to those wallets. <If this is a long-term plan> but for the short-term and if you use these coins more frequently, I would suggest buying a Trezor or a Ledger hardware wallet. <coins are more accessible> 

# Make sure you know how to create a secure Paper wallet, before you go that route. 

[xvids]

Hello boys, I received a big amount of money in BTC & decided to keep it instead of putting it into my bank directly.

I'm really stressed about BTC, I don't wanna lose all this money because it's a big amount for me.

I don't know what to do anymore, wether holding or getting it into tether. Help

Since you are telling us that it is a big amount of money then you have to secure it and like most of the previous answer hardware wallet would be the best for you .
And since your new in crypto I think it would be best to just stick up in BTC right now .

[Slow death]

Hello boys, I received a big amount of money in BTC & decided to keep it instead of putting it into my bank directly.

I have some questions:

- Do you sell bitcoin related stuff?

- You did service for someone and that person paid you in bitcoin?

I'm really stressed about BTC, I don't wanna lose all this money because it's a big amount for me.

you should explain better about it ... your story has some gaps

I don't know what to do anymore, wether holding or getting it into tether. Help

 

you said this:

decided to keep...

So keep one part and sell another part for you to use in the real world.

[rina aulia]

Save your BTC assets in hardware for the long term, it's better than storing them on the exchange because there will be pressure to sell them when prices go down, remembering one true story when someone kept gold for decades and even the almost forgot it, when he sold it when it already has a 1,000-fold profit.

[igordata]

Hello boys, I received a big amount of money in BTC & decided to keep it instead of putting it into my bank directly.

Smart. That's why Bitcoin was created - you don't need banks to store your money anymore.

I'm really stressed about BTC, I don't wanna lose all this money

set the password for the wallet, store the password in several secure places. Or even parts of password.
Store the private key somewhere in several secure places.
Be happy.
Don't forget to explain your children or your mom where to get it in case your death. I'm not kidding. We all can die suddenly in a car crash or so.
Cheers.

[harizen]

Hello boys, I received a big amount of money in BTC & decided to keep it instead of putting it into my bank directly.

I'm really stressed about BTC, I don't wanna lose all this money because it's a big amount for me.

I don't know what to do anymore, wether holding or getting it into tether. Help

How come tether become an option?

And currently, where are your funds now? On what wallet you received it?

If you want to overreact about "security", a hardware wallet is your best choice. However, you need to spend money on it. You may also consider desktop wallet such as Electrum although you need to keep yourself always updated on what's going on this wallet.

[adubbz]

Only you know how much money is a lot for you.

I'm with some of the other guys here. Exchange some to FIAT until you are comfortable with leaving the rest. Then forget about it for awhile!

[qwertyup23]

Hello boys, I received a big amount of money in BTC & decided to keep it instead of putting it into my bank directly.

I'm really stressed about BTC, I don't wanna lose all this money because it's a big amount for me.

I don't know what to do anymore, wether holding or getting it into tether. Help

I have two (2) suggestions:

First, keep your bitcoins by securing/getting a hardware wallet and store any amount of bitcoins depending on your discretion; and
Second, invest your bitcoins either by HODL or by diversifying your portfolio in considering the conventional methods of investment in the market.

If I were in your situation, I would keep like 51% of my total bitcoins to a hardware wallet and invest the remaining 49% into different market porftolios (i.e. stocks, bank notes, or by HODL). In this way, I have the security in ROIs in stocks (depending on the company where I acquire my stocks) and risk the remaining by short-term income.

[BlackFor3st]

You have a large amount of money but I see in your situation that you are afraid meaning you are still a newbie in crypto currency. If you don't know what you are going to do then it's better that you just cash it out rather than holding it in btc or converting it to tether.

But if you will just study crypto currency deeper especially the bitcoin then you will surely love to hold it for a while until the price will increase before cashing it out.

[Sanitough]

Since you are new, maybe you are not aware of the price volatility of BTC, and you might loss if you failed to make a timely decision.
Holding BTC in your wallet is investing, and therefore there is a risk that the monetary value of your BTC will drop significantly.

If you don't want to take the risk, you can convert that into stable coin, then withdraw if you want to leave.
However, if you want to learn, you can touch a small percentage from your total BTC and start trading, and just continue learning so eventually you will know how to manage your funds.

[Ridwan Fauzi]

The risk for someone who has bitcoin is not about hacker only, to save your bitcoin on the hardware wallet only have a function to make your bitcoin safe. But there is something who make your bitcoin meet a decreasing price. It means your money will lose also, because the price of bitcoin is so volatile. And now its price has been decreasing for almost $2000 in a few days.

So, I only give a suggestion to you to choose the strategy that you want. If you have bitcoin to store your money I mean you using it as investment place then you have to have a patience. But when you use bitcoin only for to store your money I think it is not a safest way, you can move into USDT/Teather to store your money because the price of it doesn have a volatile price.