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toy4lov3rs
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December 17, 2015, 12:12:38 PM |
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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?
I will not buy bitcoin too much, if I won the lottery, I would only buy 10 to 20 bitcoin, and the rest will I contribute to several orphanages, life will be more meaningful if we could share with those in need. that what i think,and what i will do when got lottery. Fuck that. You gotta look after you. Take that money and buy 10 sportscars man. Don't give it away to needy kids. What's wrong with you? |
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Supercrypt
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Activity: 1554
Merit: 1054
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December 17, 2015, 12:43:25 PM |
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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?
I will not buy bitcoin too much, if I won the lottery, I would only buy 10 to 20 bitcoin, and the rest will I contribute to several orphanages, life will be more meaningful if we could share with those in need. that what i think,and what i will do when got lottery. I may follow you but only after establishing myself. With one million dollar worth of bitcoin, I can multiply it into 10 million or even 100 million in up coming years. From the 50% of it, I will start a business from the profit I will donate on monthly basis, yes regularly. |
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QuestionAuthority
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Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
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December 17, 2015, 12:54:36 PM |
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Probably none because I will already have one million dollars  That's logical. If you're here to make money on crypto and you win a million then you have what you came for, why hang around. lol |
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Kevin77
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Activity: 1652
Merit: 1057
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December 17, 2015, 12:55:43 PM |
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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?
I will not buy bitcoin too much, if I won the lottery, I would only buy 10 to 20 bitcoin, and the rest will I contribute to several orphanages, life will be more meaningful if we could share with those in need. that what i think,and what i will do when got lottery. I may follow you but only after establishing myself. With one million dollar worth of bitcoin, I can multiply it into 10 million or even 100 million in up coming years. From the 50% of it, I will start a business from the profit I will donate on monthly basis, yes regularly. Investing all the money of one million dollars will get you even 100 folds return for sure. From that, doing donations must be a wise idea and must be appreciated. But people forget their intentions once they become more established in terms of financial capabilities. |
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davinchi
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Activity: 2100
Merit: 1058
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December 17, 2015, 12:59:41 PM |
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Probably none because I will already have one million dollars That's logical. If you're here to make money on crypto and you win a million then you have what you came for, why hang around. lol For me too, one million dollars are not enough to make a business for life long earnings. Bitcoin must be the good returning investment opportunity for modern generations. Instead of buying gold or investing into real estates, bitcoin must be a better option to invest big money like one million dollars. |
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toy4lov3rs
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December 17, 2015, 01:01:37 PM |
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Probably none because I will already have one million dollars That's logical. If you're here to make money on crypto and you win a million then you have what you came for, why hang around. lol For me too, one million dollars are not enough to make a business for life long earnings. Bitcoin must be the good returning investment opportunity for modern generations. Instead of buying gold or investing into real estates, bitcoin must be a better option to invest big money like one million dollars. Oh it is a way better option my friend.. We will all look back in 25 years and most of us will be slapping ourselves. |
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QuestionAuthority
Legendary
Offline
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
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December 17, 2015, 01:10:00 PM |
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Probably none because I will already have one million dollars That's logical. If you're here to make money on crypto and you win a million then you have what you came for, why hang around. lol For me too, one million dollars are not enough to make a business for life long earnings. Bitcoin must be the good returning investment opportunity for modern generations. Instead of buying gold or investing into real estates, bitcoin must be a better option to invest big money like one million dollars. Oh it is a way better option my friend.. We will all look back in 25 years and most of us will be slapping ourselves. Given the average age of this forums membership, I'm pretty sure most of us are slapping ourselves in the shower every day. |
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knightkon
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December 17, 2015, 01:19:51 PM |
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I am an investment person, however if I won one million dollars, I would only invest about 50,000 or so into BTC. I would invest the rest into buildings and business purchases. BTC is promising but the profit that can be made is to minimal when it comes to comparing it to property investment or such.
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Wapinter
Legendary
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Activity: 2674
Merit: 1026
Hire me for Bounty Management
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December 17, 2015, 01:25:48 PM |
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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?
Honestly speaking I wouldn't spend more than 20% of $150,000 on bitcoin.Given the volatile nature of bitcoin,I would prefer to diversify my investment. |
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jt byte
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December 17, 2015, 02:00:06 PM
Last edit: December 17, 2015, 05:21:33 PM by jt byte |
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If I won a million dollars than I will just buy so much bitcoins when it is 200 dollars again.
When it goes high to 5K than I will just sell it all.
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bitbay.com (OP)
Newbie
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Activity: 42
Merit: 0
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December 17, 2015, 05:20:14 PM |
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Probably none because I will already have one million dollars That's logical. If you're here to make money on crypto and you win a million then you have what you came for, why hang around. lol For me too, one million dollars are not enough to make a business for life long earnings. Bitcoin must be the good returning investment opportunity for modern generations. Instead of buying gold or investing into real estates, bitcoin must be a better option to invest big money like one million dollars. Oh it is a way better option my friend.. We will all look back in 25 years and most of us will be slapping ourselves. Given the average age of this forums membership, I'm pretty sure most of us are slapping ourselves in the shower every day. Hahahaha quite true |
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l8nit3
Legendary
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Activity: 1007
Merit: 1000
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December 17, 2015, 06:05:36 PM |
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I would split off approx 100,000 USD into bitcoin, another 50,00 into some 'long-shot' altcoins, pay off the house,, and live on the rest happily  |
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BirtRenaldsFan
Member
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Activity: 67
Merit: 10
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January 01, 2016, 07:24:21 AM |
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I wouldn't but any Bitcoin only because there would be no point. I'm set for life, so there is no need.
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Alaki
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January 01, 2016, 07:26:45 AM |
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I would buy many bitcoins and keep it safely for 4-5 Years and then at the most, sell it at double price.
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kyrios_
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January 01, 2016, 07:57:05 AM |
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Whats with all these questions? Are yall geniunely interested in how much bitcoin i would buy? Not just this post, i mean questions like these
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jethrorn99
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January 01, 2016, 12:40:54 PM |
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I will invest $100.000 for bitcoin. Since the price will rise eventually The others I will use to invest in houses, apartments, or buildings. House prices are rising like crazy these days  |
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tiggytomb
Legendary
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Activity: 1848
Merit: 1000
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January 01, 2016, 12:45:06 PM |
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This is a good question, I would think about 100k worth of bitcoin I would like to have to store away and then may 50k to trade against alts to see how I get along.
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Kprawn
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Activity: 1904
Merit: 1074
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January 01, 2016, 12:53:40 PM |
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I will invest $100.000 for bitcoin. Since the price will rise eventually The others I will use to invest in houses, apartments, or buildings. House prices are rising like crazy these days It is always good to diversify your portfolio, but be careful with investment in property. Yes, property in the right area can be a good investment, but there are many hidden cost involved with property. In my country we have to pay land tax and capital gains taxes, when we sell property... that will eat some of the profits. You also have to pay the utility bill and keep the property secured. Apartments come with levies and rent income increase your annual tax liabilities.  |
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greBit
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January 01, 2016, 12:57:19 PM |
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I would buy many bitcoins and keep it safely for 4-5 Years and then at the most, sell it at double price.
Good idea but I think it will take only one or two years for the value of Bitcoin to be doubled, but you need to do a proper market research before investing anywhere. |
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boopy265420
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Activity: 1876
Merit: 1005
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January 01, 2016, 01:02:53 PM |
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I would buy Bitcoins of 700,000 $ and will hold them at least till the end of this year at least.With remaining money I have to do other things.This is one time chance in ages to make or finish.Bitcoin is very undervalued and make my way to be one of the top elite after the rise of price.
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