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

[Betwrong]

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?

Well, right now I can buy 2,260 BTC and I would definitely do it. It's pity that I didn't win "a million dollars" several months ago though. I could have bouht much more Bitcoins with that money then. )

[prodigy8]

I have never won in lottery like most of the people.

But a million dollars are too much, maybe i would buy 300BTC for starting.

It cost now around 1.4k dollars but just as experimenting then continuing if it increases.

[partysaurus]

10% is good enough for me , more and it would only give me a headace when it goes down.

[MissionPhailed]

$150.000 for a decent and nice house
$10.000 for a robuust and reliable used car
$13.500 for 30 BTC (assuming price of $450 a piece)

And furthermore working max. 20 hours a week (quitting work altogether would be too radical), travel more, and get more involved in crypto.

[sana54210]

After I brought a couple of new cars and stacked some gold for my kiddies. I would then buy bitcoin and lite coin maybe around 25%-40% anything over 25% would be extra savings for the little ones.

[Cortive]

Maybe just 5 bitcoins, don't want to risk it. Gotta be safe than sorry.

[quadriple7]

i think i would buy as much bitcoin as possible as i believe that bitcoins are a really great investment also it would be really beneficial for the price of it that it would rise a lot

[chek2fire]

i will buy all of them

[Yakamoto]

i will buy all of them

Well I think you'll have a hard time buying ~17 million Bitcoins at $440 with only $1 million.

I guess it is possible to get all 17 million if you're creative using only $1m, but I am certainly interested as to what your scheme would be.

[chek2fire]

i mean all of them fiat money not bitcoin...

[MTBTT]

TBH I wouldn't buy much BTC. Say just 2.5% for bitcoins, which is very, very sufficient for me.

And the rest of the funds, which equates to 97.5%, I would buy silver coins and bars.

[justspare]

I would buy around $300,000 worth of Bitcoin and then use the rest to pay off my house and buy a nice car. I would live like a king, figuratively of course.

[Imoote]

I'll keep it in my savings or I'll investment
Which point I will save it for my future 

[bitcoin revo]

TBH I wouldn't buy much BTC. Say just 2.5% for bitcoins, which is very, very sufficient for me.

And the rest of the funds, which equates to 97.5%, I would buy silver coins and bars.

Why so little? I understand that there's always the risk of bitcoin crashing and failing to the uttermost, or something happening to your bitcoins, but as long as you buy a Trezor wallet and you invest about half of your funds, there shouldn't be any reason why it shouldn't easily be able to double (sometime around the bitcoin block halving).

[Viet]

10,000 in Bitcoin and save the rest to invest.

[justspare]

10,000 in Bitcoin and save the rest to invest.

So you wouldn't do anything else with your money. Like pay off your mortgage or buy a new PC or buy a nice car. You are a weird guy.

[DrLove2048]

I would buy a substantial amount (talking 75-85%) and use that to try and build an even larger amount through investing, lending, interest ect. Slowly pulling it out over time but hoping to double down sort of speak.

[Moneyburner]

10,000 in Bitcoin and save the rest to invest.

So you wouldn't do anything else with your money. Like pay off your mortgage or buy a new PC or buy a nice car. You are a weird guy.

Also the type of guy who can't do math...

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I would say that I would split it about 50/50. Worth the risk but I wouldn't like to set my self straight such as finishing paying off the house and student loans, ect.

[justspare]

10,000 in Bitcoin and save the rest to invest.

So you wouldn't do anything else with your money. Like pay off your mortgage or buy a new PC or buy a nice car. You are a weird guy.

Also the type of guy who can't do math...

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I would say that I would split it about 50/50. Worth the risk but I wouldn't like to set my self straight such as finishing paying off the house and student loans, ect.

I'm pretty sure you're the one who can't do maths. He said he would put 10,000 Bitcoin, which is around 4,000,000 dollars. Oh...now I get it. He ment 10,000 dollars into Bitcoin and invest the rest. This still doesn't mean I can't do maths.

[Clint]

I would invest 1/4 of it in btc, and 1/4 in stocks. I'm still not totally convinced btc will bring me a forturne, so this is a safe way.