Just got into BTC

[UmerIdrees]

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 much Bitcoin did you receive and from where ? Also in which wallet are you holding the bitcoins ? Do you have the private key of that wallet or password of coinbase etc ?
You need to answer all these questions and if you have full control over your bitcoin, you can keep them for long term.

[maydna]

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

Perhaps, you don't have to stress about that because you can try to trade some of bitcoin so you can get another bitcoin in profit. If bitcoin price can increase higher, then you can sell some bitcoin into tether, and you can buy it again if the price is down. That will help you to make a profit in bitcoin and tether, and you can increase the amount of bitcoin and tether directly. But to do trading, you need to have skills so you can know when to buy and sell bitcoin.

I think you should buy a hardware wallet to keep your bitcoin in a safe place and don't think or take a look at the market, and you can do your work as usual. Then you can set the alarm when the price can increase so high, so you can prepare to send the bitcoin into the exchange, and you can sell it to make a profit.

[Kasabus]

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 much Bitcoin did you receive and from where ? Also in which wallet are you holding the bitcoins ? Do you have the private key of that wallet or password of coinbase etc ?
You need to answer all these questions and if you have full control over your bitcoin, you can keep them for long term.

I don't think OP would tell the exact amount, because if he wants, he would have include that in his post.
That's a big amount for him and therefore it should be taken cared of and he need our advise.

For me, since it seems OP is not well verse with BTC yet, does not want to loss that big amount, I suggest him to stay safe, covert it, and put it in the bank as that's the only way it will be safe.

He might be holding for example 1 whole BTC, of course if he holds it will still be the same 1 BTC in the future but it's value, that's uncertain.

[Johnyz]

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

Where did you received that bitcoin? if you are not familiar about bitcoin then why did you accept that in the first place or if its a free money then you should start learning about bitcoin. Don't be stressed about the price of bitcoin, it always move like that all you need to do is to practice how to hold bitcoin.

[lixer]

Relax, you don't have to be paranoid. You can keep your bitcoins into hardwallets. Download one in playstore if you are using an Android phone. Trezor is a good one. There are a lot of video tutorials in youtube for you to learn the step by step guide how to transfer your bitcoins into it. Paper wallets for private keys, passwords, phrase etc. That's also an important thing. Hold bitcoin until you decided to sell them at your target high price. Goodluck, buddy.

I believe the aspect of not losing that he is talking about is actually not only the aspect of security if I may get him right, but losing the value of what he presently has is another thing that is needed to be out into consideration also, yes we could use all these wonderful wallets to protect the coin because they are still the most reliable means for really keeping your coin safe.

What happens to the huge amount of money he already has now at this current bitcoin price, nobody knows the movement of bitcoin yet if we will have more decrease or more increase, so he will definitely loose the value if the market makes a dipper correction, but he might also be lucky that the market will go full blown bull, but I would have preferred that he keeps only certain percentage of it in the wallet you suggested.

[Sexaphiliac]

Why would anyone assume he meant the security of those assts when it was obvious he was more oncerned about the price? Well if you're its always advisable to store your crypto in your personal wallet not on an exchange. Once thst is done keep a close eye on price and learn some technical analysis so at least you have some sort of understanding of price  movement.

[mandor]

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

why you can really stressed about BTC? as long as you still to keep a secret key or still safe in your wallet, everyone certainly does not want to lose large amounts of money. if you want to make a big profit then it's better not to hold it for too long and don't keep it in the bank, you can exchange your BTC for USD or other coins on the market that have good potential in the future. all decisions are in your hands.

[seoincorporation]

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

The best thing you can do right now is to hold them, but do it by the safe way, for this, you must understand how a bitcoin address work. Each bitcoin address have a private key, and that key can be imported to any wallet, so, the way to keep safe your coins is to have the private key on a safe place. For this, you can print the key or print the QR code and put that paper on a safe box. Another option is to put the private key on a text file and the text file inside a zip with a password.

[NavI_027]

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

How fortunate you are ! I wish there is someone who also send me a big amount of btc . Anyway, on the side of not placing even some of your coins to a bank (converting it first of course) hmm I don't say that it was a bad idea and I'm not saying it is a very good one. For me it was on neutral because what you did may lead you to earn profit faster but all of your money remain at risky situation. Just be wise on money management.

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

Don't yet invest to altcoin because it's a little bit more complicated than btc. You'r new in here so much better if you play safe at least for now. Continue holding while learning more about crypto . Good luck.

[virasog]

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 much Bitcoin did you receive and from where ? Also in which wallet are you holding the bitcoins ? Do you have the private key of that wallet or password of coinbase etc ?
You need to answer all these questions and if you have full control over your bitcoin, you can keep them for long term.

I don't think OP would tell the exact amount, because if he wants, he would have include that in his post.
That's a big amount for him and therefore it should be taken cared of and he need our advise.

For me, since it seems OP is not well verse with BTC yet, does not want to loss that big amount, I suggest him to stay safe, covert it, and put it in the bank as that's the only way it will be safe.

He might be holding for example 1 whole BTC, of course if he holds it will still be the same 1 BTC in the future but it's value, that's uncertain.

I think he do know what is bitcoin and he is not a newbie. He receive bitcoin on his address meaning he knows what is a btc wallet and how a btc transaction take place. If he do not need money urgently, op should not convert it to local currency. He could keep them as it is and cash them after two years when bitcoin price will be above 50K and even more.

[trickyriky]

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

why you can really stressed about BTC? as long as you still to keep a secret key or still safe in your wallet, everyone certainly does not want to lose large amounts of money. if you want to make a big profit then it's better not to hold it for too long and don't keep it in the bank, you can exchange your BTC for USD or other coins on the market that have good potential in the future. all decisions are in your hands.

If you already have BTC, better hold it. The newbie in a crypto world, however, must not invest all money in Bitcoin. He must allocate funds between at least a dozen cryptocurrencies, which number is more than 2000. Focus on tokens from the top 50. Do not keep cryptocurrency on the exchange.
Once you have bought it, transfer money from the exchange to a wallet that only you control.