I actually did the same thing for my mom except with ETH at first. I got into BTC fairly early but I didn't hold much but when ETH started going up like crazy last year, I bough a bunch and handed some over to my mother (though now a lot of hers is actually BTC and LTC.)
I hope you're not keeping all that on Coinbase. With that much you should have it on a hardware wallet or hackers can steal it. I recommend Trezor.io or Ledger S Nano.
this actually shocks me. put your btc on a hardware wallet as soon as you can. you only posses the coins if you own the private key to the wallet.
really. get a ledger or trezor.
That is awesome, congrats to you both! Now some honest advice.
Get her a trezor or ledger
Reasons:
Security: this one is pretty obvious. Even with MFA it is entirely possible for someone to steal your phone and/or put a virus on your PC etc.
Privacy: coinbase has already lost a suit for 2013-2015 to provide account holder information, even in cases where there is no evidence that any coins were sold or that any capital gains were realized. Even if you follow every tax law to the letter getting audited is a huge hassle that you don't need.
Free money: when you have that much coin the value of forks becomes significant. As an example, trezor owners got access to their BTG at a time when the BTG/BTC rato was ~double what it is now. By the time coinbase users get access to BTG it likely will be nearly worthless. The value of the early access to BTG is worth thousands of dollars if you have 6BTC, more than enough to cover buying 10 trezor/ledgers
That is player shit! Nice one bro hookin the mom up I gave my mom $100 BTC just the other day but my mom is like 85 so you helped yours out cause imagine that in a few years! Im going to upvote and follow and resteem because this is a true gift!
congratulations, you are a visionary, you took some risks and it was worth it....but the ride is only beginning, bitcoin at 40 k this summer because total market cap will be at 1 trillion ..were only at 435 b now....
I don't care! I'm still happy to brag about my $60 usd of btc and dash hat was 21 steem 3 days ago! I know it's nothing but it's my first time to have anything besides steem :-)
Is your mom single? 😂😂😂
Lol 😄
ouh that's a sexy view! :) How early did she get in @cryptohustlin ?? Would be nice to get some tips from her :)
lol
Lol ;D
Is your mom single? J/K
but is she single?! congrats, mom! :)
lmfao
hi, i paid you twice for upvotes but i never got anything back and there are no contact details on your page
Lol very nice !!!
Can i borrow 5 dollars till Friday 8)
John Mcafee said 1 million by 2020. If it keeps going the way it is now, should we hit that target by early next year?
I actually did the same thing for my mom except with ETH at first. I got into BTC fairly early but I didn't hold much but when ETH started going up like crazy last year, I bough a bunch and handed some over to my mother (though now a lot of hers is actually BTC and LTC.)
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Now teach your mom about private wallets v custodial wallets and make sure she gets a dang hardware wallet!
That is a hell of a lot of Bitcoin to have on an exchange to be honest.
I hope you're not keeping all that on Coinbase. With that much you should have it on a hardware wallet or hackers can steal it. I recommend Trezor.io or Ledger S Nano.
Please don't allow yourself to be goxxed...
How can so many people be making the same "is she single tho?" joke?
you can use this steem payout to finally get her a ledger
Get that woman a hardware wallet!!!!
this actually shocks me. put your btc on a hardware wallet as soon as you can. you only posses the coins if you own the private key to the wallet.
really. get a ledger or trezor.
Congrats to her, I had more bitcoins than her never knew that it will be this way someday, so I sold off.
Congratulations @cryptohustlin. Great..
My mom has more bitcoin than* you.
Hah. If you're going to brag, you might want to correct "then" and "your" to earn the excessive rewards for one picture.
Congrats to her. Did she just buy or she's been holding for years?
That is awesome, congrats to you both! Now some honest advice.
Get her a trezor or ledger
Reasons:
Congrats to your mom and best of luck!
Yep lighting bitcoin is coming
Good for her!
...than you lol
Holy crap why I didn't purchased it in 2012
https://steemit.com/bitcoin/@awesomeblog/now-there-is-a-way-for-contagion-from-a-bitcoin-price-collapse-to-flow-into-the-rest-of-the-markets
My parents literally talked me out of buying Bitcoin 3 years ago. Seeing this is a real slap in the face, thanks.
B😂😂😂 hey my father is single hhhhh
That is player shit! Nice one bro hookin the mom up I gave my mom $100 BTC just the other day but my mom is like 85 so you helped yours out cause imagine that in a few years! Im going to upvote and follow and resteem because this is a true gift!
Amazing ;) My mom do crypto too ;)
My mom know IBM z/os, db2, jcl, and cobol. Together our mothers could get a lot done!
please sand me some btc..
Good for her! Having six figures in Bitcoin is quite the accomplishment!
is that Coinbase? Uncle Sam is going to get his cut.
so good
Congratulations to your mom and her crypto expertise.
Your mum is simply rich by having such amount. Congratulations.
Nice =)
It is very good post and very nice news I most happy to see this
awesome
congratulations, you are a visionary, you took some risks and it was worth it....but the ride is only beginning, bitcoin at 40 k this summer because total market cap will be at 1 trillion ..were only at 435 b now....
Wow! nice hold. She is a real player.
it is certainly very profitable .. harvest will occur in winter
Wow, amazing! Thank you for sharing this @cryptohustlin it motivates me more !
Fuck
I should've looked more into bitcoin years ago
I don't care! I'm still happy to brag about my $60 usd of btc and dash hat was 21 steem 3 days ago! I know it's nothing but it's my first time to have anything besides steem :-)
https://steemit.com/bitcoin/@demphil/start-generating-bitcoin-its-free-and-true
86 BTC 9 TBC
Wow... i envy your mom...i only has usd3 in my coinbase hahahhaha.. Wish she donates a little to me... Lol
Send me Bitcoin and lets talk
Happy crypto family :)
I can pass it soon.
ohh my god .. congrats
$104 hundred million. All the numbers cant even fit in the space. Congrats.
i can't wait to get the point where i can finally quit my job.
it's not about how much you have, it's about if you will sell it in right moment and have that hefty amount in your back account.
because moms have much patience than us....