Quote from: Kasabus on August 19, 2019, 05:04:17 AM

Quote from: UmerIdrees on August 19, 2019, 02:33:56 AM

Quote from: stupidbtcayy on August 16, 2019, 04:11:23 AM

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.