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Author Topic: If You Won A Million Dollars.. How Much Bitcoin Would You Buy?  (Read 11328 times)
sahliano
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January 06, 2016, 03:07:20 PM
 #201

buy with 400K$ bitcoin and use  250K to buy a car and a house the rest for spending or doing some project like small factory or something like that
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January 08, 2016, 09:24:24 PM
 #202

buy with 400K$ bitcoin and use  250K to buy a car and a house the rest for spending or doing some project like small factory or something like that

With that arrangement, you will still be a millionaire in  a few years time. It is very wise decision.

R


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January 08, 2016, 09:34:00 PM
 #203

Let's see I win 1,000,000$.

Then I have to pay roughtly 60% taxes, so i`m left with 400,000$.

Then I can choose weather to put that in a bank or some other investment, which would be foolish.

I`d put 50,000$ in bank, 50,000$ cash or some gold coins, and the rest of it in bitcoin so 300,000$ in bitcoin so 660BTC

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January 08, 2016, 11:46:43 PM
 #204

I'll buy Bitcoin with 500.000$ of that but I won't buy altogether. I'll expand it to 3-6 months to buy and decrease my risk of buying at top levels.
That's just a fantasy, I never play lotteries so I won't get a million dollar by a billion chance.
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January 08, 2016, 11:50:04 PM
 #205

If i buy all the $ does it going to have an effect to the price market? Then if yes after a day you will get good profit if you sell them on the next day.
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January 08, 2016, 11:52:11 PM
 #206

Dependin onthe price. If I had won today I provably bought half a million bitcojn and stuck them in different wallets then wait for what will happen in the next halving. Cheesy

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January 09, 2016, 12:18:25 AM
 #207

Id buy about $50000 worth of bitcoin, and hold it until the halving. But if bitcoin drops anytime before that, I'll spend another $250,000. Sure profit  Grin

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January 09, 2016, 12:32:41 AM
 #208

I would spend 25% of 1 million dollar to buy bitcoins.Rest I will invest in real estate and buy some agricultural land for farming.I would also give 2.5% in charity
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January 09, 2016, 12:34:54 AM
 #209

all of them depends on the price. Grin
of course if you bought all of them quickly, then you risk you lose your funds in the rate. Huh

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January 09, 2016, 12:38:13 AM
 #210

Maybe 20%, the rest goes to buying a great house and all the other stuff millionaires buy.
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January 09, 2016, 12:50:58 AM
 #211

If I was lucky enough to win one million on the lottery I would more than likely make a investment into bitcoin of at the very atleast a quarter of a million the rest I would probably leave until I had a quarter of the fiat left and maybe invest some of that

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January 09, 2016, 04:47:39 AM
 #212

Maybe 20%, the rest goes to buying a great house and all the other stuff millionaires buy.

A million isn't much these days. It may not even be sufficient to buy a medium sized apartment in a top city.
You will be better off trying to multiply it before buying yourself a house.


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January 09, 2016, 04:49:19 AM
 #213

I would put 50% in Bitcoins, and the other goes to long term investment.
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January 09, 2016, 05:07:58 AM
 #214

I will use 15% of my money to buy bitcoin and save them for investment

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January 09, 2016, 05:55:29 AM
 #215

If i buy all the $ does it going to have an effect to the price market? Then if yes after a day you will get good profit if you sell them on the next day.
Bitcoin's daily trading volume in terms of USD is around $39M! Suddenly you injected $1M into the market, add extra 2.5% capitals. If you spread then in different exchanges in a few days time, I don't think it will have much influence on the price.
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January 09, 2016, 10:11:51 AM
 #216

If i buy all the $ does it going to have an effect to the price market? Then if yes after a day you will get good profit if you sell them on the next day.

Even if it does have an effect on the price, the price will start dropping when you try to sell.
You will end up right where you started.  Grin
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January 09, 2016, 04:01:30 PM
 #217

On winning a million dollars..
I will buy 100BTC and then will trade from that..
And will buy 100BTC and will invest on cloud mining..
And then live a life of a happy man..
And will carry on btc trading as an side business with my own designing job..
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January 09, 2016, 04:06:37 PM
 #218

i will buy btc for 100 000$ and will enjoy with them Smiley
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January 09, 2016, 04:10:12 PM
 #219

I would buy 2100 BTC, which right now is about that (943.100 USD in preev.com). My current goal is 21, so that would be 100 times more. Why 2100? Well same reason I go for 21, it's just the magic number of the total amount of Bitcoins to ever exist, it feels good having a good stack and that number seems like the best to aim for long term.
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January 09, 2016, 04:13:53 PM
 #220

If i won a million dollars i would buy 200 bitcoin, 100 bitcoin for long term investment and 100 bitcoin for short term investment or trading, i can make much bitcoin or money by trading bitcoin to the fiat or opposite, and the other money i would build my own startup and buy everything i want
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