WHAT THE FUCK DO I DO Veeky Forums

cash out enough to buy real estate and some vacation time

yeah this is right, honestly, visit a financial consultant. this is adult stuff now.

I'm thinking of selling half lads and will probably sell all my BCASH too... is that smart?

This.

>britfag
Alright m8 listen up or i'll foakin stick yer. Do you want to KYS and face the wrath of billions of people in the afterlife who would've killed to make a million doing jack shit?

Just cash out half and put it in reliable investments.

also any reviews on a medium risk fidelity account for say £400k?

fidelity.co.uk/investing/ready-made-solutions

I have a high risk mindset due to holding for so fucking long

bitcoin has gone mainstream and it scares me, even my fucking mother mentioned that someone at her work mentioned buying them and asked if I had any when I called her a few days ago.

it's going to fucking crash I know it

Yes. Sell half, hold some, exchange a bit into shitcoins to have fun trying to catch moon rides. And get a financial consultant.

Sell everything at once, we need a trigger for the dip, we are egding right now the slightest movement downward can trigger it off.

sell 75%, hire an accountant and use the rest to buy ETH. Bitcoin will pop within the next few weeks so ride it out in ETH and either stay there or buy back into BTC after the fright.

Don't sell bcash entirely; it's a shitcoin but you never know. Keep some at least in case (((they))) win.

If I were you I'd withdraw 30% into USD, keeping it on coinbase or the like that is insured, withdraw another 10% and withdraw it into real life stocks or simply cash in the bank.
With the other 60% I'd split it between some solid alts I believe in after some research. My main choice would likely be omisego since it has a real company with billions in partnerships already to justify a higher price upon blockchain release.

It really depends on what you want though.
Realistically cashing it all out and putting it in dividends promises you an okay life doing nothing. But in my opinion with such easy choices like OMG I wouldn't do so, especially since it will give dividends in the future.

>I have a high risk
You come off as knowing NOTHING about finances. Is that right?
You should withdraw 10% into USD/GBP to your bank and quit your job unless you enjoy it and learn about finances and investing. You have more than enough to work an hour a day researching investments and live very comfortably.

Earlier in the year I had a $1000 investment go up to $10000 in a month. I got greedy and decided to hold even longer. A few days later it crashed to $1500 and I lost out. That's when I learned not to be greedy. Cash out like 75-80% of it and diversify it. I'd put enough to live off of in your savings and reinvest the rest.

Begging begins in 3, 2, 1...

sell 25% now, 25% in 6 month, and you may be ok with the rest

You can even invest some in mining so you have a more trusted "source" of income

and retire =)

and give to poorfags for trying to give their best advice

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Anyway you ll be swimming in pussy and booze one year from now if that's your wish

do NOT listen to this newfag if bitcoin drops it takes eth with it for a bit and you will prob panic sell. cash out 90% and enjoy your life. this crypto shit is mindnumbing and addicting and i miss being able to enjoy life without it

>A few days later it crashed to $1500 and I lost out. That's when I learned not to be greedy. Cash out like 75-80% of it and diversify it
People with 100k right now if I stayed in.
Started rolling back in two weeks ago and I'm up to $37k already.

Do NOT listen to these "diversify" faggots unless you have more than enough for you to live comfortably. It's fine to sell, but do NOT fucking leave crypto. You WILL be disappointed. You WILL regret it. Keep the cashed out money in Coinbase where it's insured. Don't be this idiot.

>Anyway you'll be swimming in pussy and booze one year from now if that's your wish
Don't do this. That's how you lose everything. The biggest mistake people make is drastically changing their lifestyle and later realizing they can't keep it up.

First you need to rest, get a good sleep. Yeah, I'm telling you to shut the fuck up. Here is an exercise: youtube.com/watch?v=zjg45ApZH9A

Meditate a bit, you can't take an important decision in your current state.

Now, think at what you want from this life. Do you have a plan? Yes? Then take 50% ~ 80% and work on that, keep the rest, forget all about BTC for a few years, they will go up even if the current bubble pop.

take profits dude. at least 50%. if you're really wise, 75%.

Hide in Monero. The smart money has only started accumulating. Zoom all the way out on that chart

yeah I'm a huge newfag

we got a lot more growth senpai

I don't care if people stay in the crypto market. It's just that when you're making a lot you shouldn't have all your money in one coin. All it takes is one bad day to lose it.

Cash out 75%, keep enough purely liquid to pay off the mafia (IRS) and invest the rest into low-fee broad market index funds. Read up: bogleheads.org/

>It's just that when you're making a lot you shouldn't have all your money in one coin.
Alright, that I can understand.
I'd recommend 1 major investment, 2-3 medium investments, 1-2 minor ones or speculative ones, and a decent stack of USD to enter accordingly.

All in is a meme but so is diversifying in the way diversifying typically indicates.
I'd say going all in or very heavily in something solid like OMG on the $6 dip is fine though assuming you take profits eventually.

>just did a capital gains caluclator on HMRC
>owe nearly 200k in taxes
>not a millionaire anymore

fuck this shit, when it was around 70k in value I always planned to do it via cash trades and just keep my money from my job and use that money to live off until it eventurely became legit money and obviously use capital gains allowences each year but JUST.

the fact of the matter is the money doesn't exist in real life to you until you pay tax on it, so you'd better get used to it.

Just keep 100k in crypto, cash the rest out.

honestly, When 50% of my portfolio pays off my (((mortgage))) I'm going to sell, then ride the remaining 50% to lambo land.

cash out enough money you feel is enough you can sleep with no problem. if it is 100%, so be it. if it is 90% and leave 100k which you said did bother you, then that's okay too.
pay your taxes, seek a financial adviser.

just move it into traditional investments (ETF, stocks, whatever) and live off the annual interest.

That's my longterm plan, just hit ~$1M or so and then just live a very modest, simple, NEET lifestyle off the ~5-7% annual interest and never have to work a job again.

Cash out all. Wait for 18th. Buy back during dip. Plz gib coin now for the advice

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That bubble is about to pop though.
Which will create a period of unprecedented growth* for cryptos.

*Yes, i'm aware of the enormity, but it's true.

Cash out 1/3, HODL the rest.

Also cashout into cash Using localbitcoins. Then spend it on drugs and hookers.

>cashing out 300-400k from localbitcoins without going to jail
do you have down syndrome?

sell your coins and buy philadelphia real estate

you dont even need to pay the tax, they can't get their shit together long enough to prosecute you... so just buy land or properties and hold until you start feeling the heat, then sell the properties, pay the back taxes and move on to other stuff

Sell half and hold rest and buy back when bubble pops
If you're generous plz help a poorfag
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