I'm 31, married, no debt myself, stable job, and unexpectedly discovered I still own about 0.219 BTC (~$14,000 today).
The backstory...In 2015 I bought about $117 worth of Bitcoin, sold part of it a few weeks later, and completely forgot about the remaining 0.219 BTC. Coinbase recently sent me an inactivity/unclaimed property notice, and when I logged in I discovered it's now worth around $14k.
At one point the holding was worth roughly $27k, but it's currently around $14k.
My financial situation:
- Age 31
- Married
- No high-interest debt
- Thinking about starting a family in the next few years
I honestly forgot this existed for more than a decade.
If I sell, I'd expect to owe capital gains taxes and net somewhere around $10kβ11k after taxes.
My Q: If this were you, would you:
- Keep the Bitcoin?
- Sell all of it and invest elsewhere?
- Sell part and keep part?
And if you sold, where would you put the money?
- Broad index fund (VTI/VTSAX/VOO)?
- HYSA?
- CD?
- Something else?
please help!
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
π° Install these recommended apps:
π² SocialGood - 100% Crypto Back on Everyday Shopping
π² xPortal - The DeFi For The Next Billion
π² CryptoTab Browser - Lightweight, fast, and ready to mine!
π° Register on these recommended exchanges:
π‘ Binanceπ‘ Bitfinexπ‘ Bitmartπ‘ Bittrexπ‘ Bitget
π‘ CoinExπ‘ Crypto.comπ‘ Gate.ioπ‘ Huobiπ‘ Kucoin.
Comments