Bitcoin Forum
May 23, 2024, 08:52:14 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: 100 milj in btc?  (Read 145 times)
Polo7 (OP)
Jr. Member
*
Offline Offline

Activity: 392
Merit: 7


View Profile
August 05, 2020, 10:14:42 PM
 #1

100 mil in btc

Would You Still sleep well?  Or You check btc Price Every hour or so?
jackg
Copper Member
Legendary
*
Offline Offline

Activity: 2856
Merit: 3071


https://bit.ly/387FXHi lightning theory


View Profile
August 05, 2020, 10:16:27 PM
 #2

Nah I'd just leave it set a reminder to check it monthly.

If you put a mil in btc, I'd hope you'd have the sense to put another mil into a fairly stable equity fund... If not you're wanting to lost that million anyway.
Polo7 (OP)
Jr. Member
*
Offline Offline

Activity: 392
Merit: 7


View Profile
August 05, 2020, 11:01:37 PM
 #3

What If 10 trillllion? 😉😉

If market drops u would have a like 8 trilion...
Its enought 8 trill 10trill it Don't matter much
jackg
Copper Member
Legendary
*
Offline Offline

Activity: 2856
Merit: 3071


https://bit.ly/387FXHi lightning theory


View Profile
August 06, 2020, 12:46:51 AM
 #4

What If 10 trillllion? 😉😉

If market drops u would have a like 8 trilion...
Its enought 8 trill 10trill it Don't matter much

You'd be in jail for manipulating the market 🤣. That'd send each btc to 400k if all btc were bought by you - if not you're looking at at least 1 mil per btc at least. I think you'd just try and pull out some profits there... After waiting for it to stabalise quite a bit above the price you bought at.
Heart18
Jr. Member
*
Offline Offline

Activity: 210
Merit: 2


View Profile
August 06, 2020, 03:58:30 AM
Last edit: August 06, 2020, 05:13:07 AM by Heart18
 #5

Wow, that was a huge money! Probably I can't sleep well and will just check the price from time to time 😁
Seriously, of course you cannot sleep thinking to that big amount but still you need to cool down and think of something much useful and secure way of funding it.
amishmanish
Legendary
*
Offline Offline

Activity: 1904
Merit: 1158


View Profile
August 06, 2020, 06:05:11 AM
 #6

Wow, that was a huge money! Probably I can't sleep well and will just check the price from time to time 😁
Seriously, of course you cannot sleep thinking to that big amount but still you need to cool down and think of something much useful and secure way of funding it.
You have no idea what huge money in crypto means. People have not million, billion but trillions of dollars in crypto and they are sleeping very well. Look at this token. If you go just by the numbers, its developer has 23 Trillion dollars on etherscan. Thanks to etherscan, everyone can be a millionaire, billionaire or a trillionaire. Who would have thought that the crypto revolution and the results of an equitable society would look like this? Everyone is a millionaire.

Bitcoin getting to around 50-100,000 is a small possibility. A million per BTC is just a pipe dream. Something that people just repeat meaninglessly. This would mean a complete re-writing of world's power structure. That would take another 4-5 decades of respectable, robust and growing existence. More importantly, a far greater distribution is needed than <3% of addresses holding 95% of BTC.
Upgrade00
Legendary
*
Offline Offline

Activity: 2044
Merit: 2184


CoinPoker.com


View Profile WWW
August 06, 2020, 06:31:10 AM
 #7

Would You Still sleep well?  Or You check btc Price Every hour or so?
If the amount you're investing would cost you your sleep and lead to anxiety then it's not spare money, and if it's not spare money you should not be putting it into an investment, which always comes with risks. This would apply to $100 million or $100, if it's above amounts you can afford to lose; do not invest it.

Bitcoin getting to around 50-100,000 is a small possibility. A million per BTC is just a pipe dream. Something that people just repeat meaninglessly. This would mean a complete re-writing of world's power structure. That would take another 4-5 decades of respectable, robust and growing existence. More importantly, a far greater distribution is needed than <3% of addresses holding 95% of BTC.
I agree with the growth process, which would need time and years of development for Bitcoin to fully adapt in functionality.
However, the distribution would be a direct reflection of the wealth distribution in the world today, Bitcoin has a market value and the more fiat money owned by someone, the more bitcoins they can afford to purchase. The percentage of Bitcoin holders so also skewed by the presence of exchange wallets and ETF holdings.

Mttewndew
Jr. Member
*
Offline Offline

Activity: 433
Merit: 5


View Profile
August 06, 2020, 07:25:38 AM
 #8

If the amount you're investing would cost you your sleep and lead to anxiety then it's not spare money, and if it's not spare money you should not be putting it into an investment, which always comes with risks. This would apply to $100 million or $100, if it's above amounts you can afford to lose; do not invest it.
I totally agree with you. If the money invested causes such anxiety, then it is better to postpone this matter.


davis196
Hero Member
*****
Offline Offline

Activity: 2982
Merit: 914



View Profile
August 06, 2020, 11:14:06 AM
 #9

100 mil in btc

Would You Still sleep well?  Or You check btc Price Every hour or so?

Nah,I would just invest in real estate and generate income from the rentals. Grin
Nobody with a brain would ever invest 100 million in such a volatile asset.
Many entrepreneurs and businessmen like taking risks,but this would be just pure gambling,unless they are some crypto whales that know how to manipulate the market.
I've reached a point in my life,where I can't imagine having even 100K USD,so there's no point of dreaming about having 100 million USD.

atjiat
Full Member
***
Offline Offline

Activity: 1204
Merit: 104


View Profile WWW
August 06, 2020, 11:34:47 AM
 #10

100 mil in btc

Would You Still sleep well?  Or You check btc Price Every hour or so?

Nah,I would just invest in real estate and generate income from the rentals. Grin
Nobody with a brain would ever invest 100 million in such a volatile asset.
Many entrepreneurs and businessmen like taking risks,but this would be just pure gambling,unless they are some crypto whales that know how to manipulate the market.
I've reached a point in my life,where I can't imagine having even 100K USD,so there's no point of dreaming about having 100 million USD.
The fact is that a simple cryptocurrency user cannot afford to invest such a large amount of money in cryptocurrency. But the fact is that today Bitcoin and other cryptocurrencies are very often beginning to be considered as profitable investments by large investors, as well as large companies. An example is MicroStrategy, which plans to invest up to $ 250 million in alternative investments, among which Bitcoin appears.
gentlemand
Legendary
*
Offline Offline

Activity: 2590
Merit: 3013


Welt Am Draht


View Profile
August 06, 2020, 01:19:37 PM
 #11

If I'd put in $100 to get that $100 million then absolutely. I wouldn't really care if it dropped 10x from here. If I'd put in $180 million to get that $100 million I would be a bit more annoyed, and weird.
Polo7 (OP)
Jr. Member
*
Offline Offline

Activity: 392
Merit: 7


View Profile
August 06, 2020, 03:47:41 PM
 #12

We should treat Our 5$ same as we have few bilions.

If I have 1 billion in usd will I stress Hell no!
Will keep it my billions in Other forms then money fiat??  I Don't think so!!
Its btc... No! 
What about usdt?  Yes stable coins are best ones.

I sleep well if I know I have usdt billions of dollars.

Coz I know billions are billions!



The stablecoins are Even better then gold
ChiBitCTy
Legendary
*
Offline Offline

Activity: 2268
Merit: 3011



View Profile
August 06, 2020, 04:13:28 PM
 #13

If you had that much money it bitcoin, then you likely are intelligent enough to know the importance of diversification and likely have money in many other types of investments and bitcoin is likely a smaller % of your net worth.  If that's not the case, then yes I wouldn't sleep well because that means I'm an idiot.

███████████████████████████
███████▄████████████▄██████
████████▄████████▄████████
███▀█████▀▄███▄▀█████▀███
█████▀█▀▄██▀▀▀██▄▀█▀█████
███████▄███████████▄███████
███████████████████████████
███████▀███████████▀███████
████▄██▄▀██▄▄▄██▀▄██▄████
████▄████▄▀███▀▄████▄████
██▄███▀▀█▀██████▀█▀███▄███
██▀█▀████████████████▀█▀███
███████████████████████████
.
.Duelbits.
..........UNLEASH..........
THE ULTIMATE
GAMING EXPERIENCE
DUELBITS
FANTASY
SPORTS
████▄▄█████▄▄
░▄████
███████████▄
▐███
███████████████▄
███
████████████████
███
████████████████▌
███
██████████████████
████████████████▀▀▀
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
.
▬▬
VS
▬▬
████▄▄▄█████▄▄▄
░▄████████████████▄
▐██████████████████▄
████████████████████
████████████████████▌
█████████████████████
███████████████████
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
/// PLAY FOR  FREE  ///
WIN FOR REAL
..PLAY NOW..
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!