Found 28 coins update!

So I posted about how I found 28 bitcoins on a old USB I lost a few years back only had about 300 invested in it all.

I got a lot of opinions and a lot of people asking for money lol.

Here is what I did : I talked with a trusted financially smart friend from out of state.

What we ended up comming to agreement on was keeping 10 bitcoins in my wallet. Taking the Steps to make sure I still have coins if flash drive gets damaged and putting 18 on an exchange to sell, and i figured I would be waiting a month to sell them all but I made about 25 grand so far and have been asking a little over marke Value (. That money's going into a savings account as I get it and I'm not sure how the tax on it will work just yet. But I kept my job, and I still have about 12 more coins to sell. I'm going to first pay off my car With the help of the money, half of it my money other half the profit from coins each month. Not going to do ANY big spends as in this is setting me up to finally get somewhere bigger and better(I had a lot of excitement when I first got it, now I don't want to spend it!) If everything goes well I will have 75+k to put away to assist with moving out/buying girlfriend a ring.

I have 4 grand to spend on personal stash left.

All in all the ride has just begun, but Christmas has came early I feel like. If you lost a drive with coins I highly recommend you fucking find that shit!!

Hopefully next year I can update on how the 10btc I put away are worth 10,000 each!!


Comments


[51 Points] None:

[deleted]


[46 Points] throwaway234452:

I'm envious and jealous of you. I've never had a girlfriend.


[40 Points] None:

Hey buddy. First thing you need to do is max out your Roth IRA with I believe a five grand contribution. Then, you need to put your money into a vanguard index fund. They don't charge you fees like the other index funds. You should consider going to college I further your education. A degree is an investment in yourself and your future wages. Pm me if you need advice. PUT YOUR MONEY INTO A CHECKING ACCOUNT IS STUPID. Your friend isn't very smart if that's the advice he gave you. Also, if you're depositing more than 10k into your account you have to pay taxes on it. And DONT TRY STRUCTURING your deposits. If you're putting it into a checking account and selling it on an exchange that'll report your sales to the IRS then you better fucking pay your taxes


[20 Points] None:

[deleted]


[16 Points] None:

[deleted]


[13 Points] Pylyp23:

The guy who posted about investing is 100% right with the ROTH and investing in a vanguard etf. Also check out powershares ($QQQ). Vanguard has some awesome dividend focused ETFs (don't take the dividend in cash. Reinvest that shit). QQQ is more focused on growth without dividends (greater %return yearly, no dividends). I believe dividend focused ETFs are a better investment but you can't go wrong. The good vanguard ETFs and the Powershares should see your investment double every 5 years. That means if you invest 75k at 25 (idk how old you are. Don't tell me) you will be a millionaire by 45. A legitimate, tax paying, no one can ever take it away fucking millionaire. You are literally set for life if you invest that properly. Keep those ten BTC to stay in crypto but the stock market has proven itself to be practically guaranteed money if you do it right through proper brokers and into the proper funds.


[12 Points] Nandy-bear:

I hope you're using TOR on reddit. If not, you need to edit your post and remove the bit about the shatter. Buying it they probably won't care about but you've admitted to dealing.

Also, congrats on the money! Years ago I wiped a HDD with over 100 coins on it ha. That was when they were worth about £20, and even then it was heart breaking. Now...I just try not to think about it :/


[7 Points] Those_Good_Vibes:

Err. You posted you found the coins 3 days ago. So that means you managed to spend $4000 into a pound of shatter, have it shipped, AND sell almost all of it in three days?


[8 Points] BotchedBenzos:

Bro what da fuck are you doing. This event in your life was supposed to teach you a very important lesson: HODL! By the end of the year BTC is gonna be over $6k, and by this time next year itll be $10k. Bitcoin has a long way to go to the top my dude, and in a year that $75k could be $150,000.

Why drive the Camero now when you could have a GT-R next christmas?

I mean just a week ago it was half way to $5k. If anything swap those numbers around. Hold 18, cash out 10. That's still $41k right the fuck now man. That's a year's pay you found on a $10 flash drive.

I'm serious dude. You say you're not going to make big purchases with it, you say you're gonna be smart and keep it in a bank. Why not be extra smart about it?

Imagine yourself in this exact same position, but only this date in 2016 instead of '17. You would've been making this same thread about how excited you were to cash out 18 coins for a whopping $12k. But no, you were messy for one extra year, didn't pick up your room, and it paid off. That year of waiting made you $63,000.

That one year turned your $18,200 magical, three/four-year-old flash drive into $115,000. Find me a bank or an investment that'll do better. Imagine what one more year would do.

You've been given a gift already, but along with that a test and if you pass this test, you get the fucking pot of gold my dude. One marshmellow now or the smore factory later. Think about it OP. Think about it. HODL

PS- fuck these basic bitch -mocking voice- "invest bruhhh!! hit up your BROKEr! lol stocks!!" tools


[7 Points] eatxanax:

fuck the ring buy more drugs!


[7 Points] happy_fart:

What the fuck, people asking for money? Lol. What a bunch of idiots


[4 Points] ChadThundercockII:

buying girlfriend a ring

please don`t do this. A ring is a useless piece of metal that has 40% resell value. Keep the money to yourself, spend it on YOURSELF. Unless she is the mother of your child, don't go buying expensive shit for her. I did it and I regretted it.


[3 Points] Confusedtrainofhate:

Did you post any proof? Couldn't find in any of posts


[2 Points] rowjambo:

dude congrats! I had 4 on a flash drive from a few years ago that got stolen. Think about that shit every day lol


[2 Points] CognitiveDissident7:

I would have sold for cash in person, fuck taxes.


[2 Points] BlackieBelt:

I've never seen such kind of money. But afaik, one should invest in depreciating assets. In ballers, the TV show, Rock says, don't invest in anything remotely which flies, floats, fucks, runs etc. I am no financial advisor, but this makes sense.


[2 Points] swolemedic:

You probably shouldn't talk about being a drug dealer while talking about close specifics of your finances that you're about to be reporting on taxes but the odds are you're fine, it's just sloppy


[2 Points] C_Lana_Zepamo:

Care to invest in my new monorail that I am proposing they build in Flint. I've sold plenty of monorails to communities like Brockway, Ogdenville, and North Haverbrook, and, by gum, it put them on the map!

So lets get into biznizzzzzzz yo!


[2 Points] BigBootyRatchets:

Go Vegas & put it ALL on red


[1 Points] ice_cream4breakfast:

Pics


[1 Points] Sluisifer:

Tax is long-term capital gains, which is capped at 15%. If you're in a lower tax bracket, it's less.


[1 Points] Wildeyewilly:

Congrats! Good on you for planning to use the money smartly.

I personally would shop around for a well recommended investment broker and make the money work for me. And also I'd put a reasonable amount towards a charity or charities that I believe in, for karma and tax write offs. But also the light shined on you, so you have some light to shine on others you believe are in need of it.

Enjoy!


[1 Points] GNAR-TheBarGoblin:

AMPTEST makes this perfect smoke screen and then takes over the U.S. bar game :-)


[1 Points] izza123:

Am I the only one who smells horseshit


[1 Points] DdangerWu:

Good job you didn't do anything intelligent with your coins. Listen to me: keep your btc in the crypto-universe as they will give you way more returns than fiat savings. Don't put any on exchanges that you aren't actively trading or fine with being stolen, get a cold hardware for storage. If you don't do anything I've said, do yourself a favor and google "how to claim bch from btc"

Last note: you've been extremely lucky and stumbled upon the new world, don't be stupid and go back to the old one. Stop doing drugs, Grow up and learn about the thousands of new opportunities you now have. If you use your funds wisely it's pretty hard to work for someone else again. I hope you pay it forward and do some nice things for others if/when you follow my advice. Good luck


[1 Points] 2happytimes2:

Good to hear you figured it out, sounds like a very sound plan!


[1 Points] adminTR:

That's awesome bro. I'm happy for you. No, I'm not jealous at all.


[1 Points] Fireheart251:

So you can make real money from bitcoins? How? It took months I think, to figure out how to even get bitcoins. I couldn't do it online, I had to go track down a bitcoin atm.


[1 Points] ILoveTurds69:

I think I am with the majority when I say I give zero fucks about you finding coins. The only ones that truely do give 1 fucks - are probably trying to find your ident in order to steal your coins.


[1 Points] None:

Welp after reading the "update" this story is obviously a lie.

Kids bored during summer break I guess.


[1 Points] haight6716:

Don't forget to secure your Bitcoin cash too. It hit $1000 today and your old keys give you access to both coins.


[1 Points] mrmojorisin2017:

aw man I was worried about how this was going to turn out with your first post but I'm glad that worked out, congrats man


[1 Points] R039Bus:

May I ask how you came across earning 28 btc in the first place ?


[1 Points] jaydee0007:

Amateur.


[1 Points] Ulament:

I was happy when I found out I had $50 left in my DHL account after I left just a few bucks in there from months ago after making a purchase. It wasn't enough to buy anything at the time or worth withdrawing. Checked it a couple weeks and thought "sweet!".

Then DHL disappears forever with the $50 I never knew I had. Oh well.

I've actually had that happen 3 or 4 times on different marketplaces or coin marketplaces. I'll use up the majority, leave change in it, and come back months later (a year once) and yay free money!

I used to vend on blackmarket reloaded and after I closed up shop, I had one guy that never finalized and I just sort of forgot about it. It was only for around $100 at the time. But a good bit of time went by and came back to close to $500. It still hadn't finalized (they didnt have auto-finalized if I remember correctly) so I ended up putting a support ticket in and got the money.

I had a couple other wallets on usb drives that I need to dig up but im fairly sure their empty. But you never know I guess....

Edit:

Oh yeah, I had a fair amount on MtGox after it split. Its prolly worth a good bit now. FML


[1 Points] BakedPastaParty:

good on you doing the right thing with your windfall! enjoy what youve budgeted yourself to enjoy and then be disciplined to enjoy it for as long as possible :o)


[1 Points] JesusDoesLSD:

Surprise.


[-2 Points] mdmax_i:

You basically admitted to crimes with this post on a website that uses Java and you can be tracked down at the time when markets are going down and vendors busted.

Is this smart, ask yourself? I wish you the best, but you might not live the day you'll have a chance to spend your bits.


[-1 Points] heyfreshhhhh:

Don't get married! Wtf? Just wait it out and upgrade to better pussy once she gets old.