If You Won A Million Dollars.. How Much Bitcoin Would You Buy?

[fuathan]

Spending some money for btc mining tools is very good idea for it. 

[keepdoing]

A month ago I still had some hope that the governance issue could be worked out, and I would have said...

1/4 Land
1/4 bitcoin
1/4 Gold & Silver
3/16 Special Projects
1/16 Cash

Now, 1 month later - I'd do the same, except the Bitcoin allotment I would drop to 1/16, and put the remaining 3/16 into a "Ready To Move" Bank Account, and I would be.....

1) Watching carefully the Bitcoin Environment, and prepared to Exit that 1/16 quickly if needed
2) I would be ready to pull trigger to jump into a new Fiat Crypto that I think is now more likely due to Bitcoin's potentially looming confidence crisis/failure.

Bottom line is that the odds Bitcoin doesn't make it are up due to eroding community trust in governance.  I am giving Bitcoin less than a 50% chance of making it for first time.

[villigut]

Half a year ago I would buy 500k when bitcoin was 230 and now I would be a millionare)

[angaper]

I would prefer to diversify my money in several assets, and perhaps I would buy some bitcoins gradually, starting with 100 btcs at the current price.

[50cent_rapper]

Lets say you won the lottery..

You've just received a million dollars and are ready to do something with your new found money.

You have no CC debt to pay off and have an average mortgage for a working class citizen - maybe you have around $150,000 left to pay off for your house.

You're free to spend as you wish. And invest if you wish.

Would you buy a heap load of bitcoin to sit on?

If so.. how much?

0 (Zero).

[icem3lter]

Lets say you won the lottery..

You've just received a million dollars and are ready to do something with your new found money.

You have no CC debt to pay off and have an average mortgage for a working class citizen - maybe you have around $150,000 left to pay off for your house.

You're free to spend as you wish. And invest if you wish.

Would you buy a heap load of bitcoin to sit on?

If so.. how much?

0 (Zero).

IKR!
Would retire immediately, lol.
1 million is more than enough to retire.

[RealBitcoin]

Lets say you won the lottery..

You've just received a million dollars and are ready to do something with your new found money.

You have no CC debt to pay off and have an average mortgage for a working class citizen - maybe you have around $150,000 left to pay off for your house.

You're free to spend as you wish. And invest if you wish.

Would you buy a heap load of bitcoin to sit on?

If so.. how much?

0 (Zero).

IKR!
Would retire immediately, lol.
1 million is more than enough to retire.

Not really, its not that much money if you want to live a confortable life. YOu would need at least 10 million to be so.

[JITENDERPAR]

if i won million doller then i will buy only 10-20 btc only because to save btc in wallet sometime not much profitable as we expect. since the value of 20 btc is not less . i will invest  my btc at 10 to 20,more reliable investment sites and,and then i will earn daily some btc .
and second thing is that i will became trader  and try to increase my amount of btc and will try to earn more and more money.

[NorrisK]

WELL 90 % of it i would change my life the others 10% i should invest at bitcoin and make atleast two games based into bitcoin,since for me bitcoin is and will be worthing much more then todays,soo one of the best services is games that all like to play.

The 90 / 10 ratio is quite healthy, good thinking!

I do hope that by changing your life you do not mean buying expensive cars and blowing your money like no tomorrow? The biggest challenge of handling large amounts of money if you didnt have it before is spending it wisely.

If you are left with 10k usd bills every month because of the stuff you bought, you'd be surprised how fast your 1 million is gone.

[Kakmakr]

I would take $900 000 of that and pay my credit card debt. Nah, just joking. ^smile^ Seriously, I would pay off my debt first, because the interest on that debt is way more than the interest I would receive, IF I invested it. Then I would buy some bitcoin and also go on a paid holiday for the first time in years.

During this time, I will decide what I would be doing with the rest of the money.

[Kisleav]

I would buy btc worth half a million

[WhatTheGox]

Lets say you won the lottery..

Would you buy a heap load of bitcoin to sit on?

If so.. how much?

I feel like i need to hold more of my networth in bitcoin % wise the poor i am to have a better chance of making it turn into something worthwhile. Im pretty sure most people do this.  If i had 1 million bucks i would probably put 10% in bitcoin i guess.

[hawkins]

I would buy half of the gifts I get, if I get $ 500,000, I would buy bitcoin with half of my prize is $ 250,000, it would probably be the capital to the Internet, while the rest of the capital for my business I'll make in the real world 

[andulolika]

75% from which 15% would be keept in major altcoins and 10% held to buy future promising altcoins.

[manselr]

I would take $900 000 of that and pay my credit card debt. Nah, just joking. ^smile^ Seriously, I would pay off my debt first, because the interest on that debt is way more than the interest I would receive, IF I invested it. Then I would buy some bitcoin and also go on a paid holiday for the first time in years.

During this time, I will decide what I would be doing with the rest of the money.

I aint got no debt, so I would go half fiat, half Bitcoin, live a frugal life off half a million fiat while I store my half a million dollar BTC portfolio for like 5 years. That should be enough to live in a perpetual vacation.

[andulolika]

75% from which 15% would be keept in major altcoins and 10% held to buy future promising altcoins.

I have not seen million dollars from long time as a cash. If won I will buy bitcoins from 50 % of the amount.and from 50 % I will start a online business too. Where Bitcoins will be accepted.

why do you need a million to start a biz?

[ultrloa]

75% from which 15% would be keept in major altcoins and 10% held to buy future promising altcoins.

I have not seen million dollars from long time as a cash. If won I will buy bitcoins from 50 % of the amount.and from 50 % I will start a online business too. Where Bitcoins will be accepted.

I think it is good idea to accept bitcoin in your online business. Also pay your employee with bitcoin if they like it.

[ShrykeZ]

I'd use it to get to 2100 total BTC and continue to work as to not get bored.

[lenoli]

i am sure, most of you will not buy many btc, if won 1 million $, most of you will buy several btc to enjoy with tham

[HarryKPeters]

I would invest just 50K into bitcoin. When the price is back to 300 dollars. I would add 150K to this amount.

The rest of the new money will be used for investments and ventures.