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

[Hellacopter]

If that happens that I win a million dollars in one night I will just buy 250K dollars worth of bitcoin of 300K.
With that I will just hold it for a long time that the price increase. Of course I will watch if the bitcoin price is good to buy.

[nejibens]

if i win a million dollars i will buy as much bitcoins as i can and hold it for the price getting high and make then another profit

[Elwar]

If I won $1.3 billion I would convert it all to bitcoins.

Then buy a large island and turn it into Bitcoin Island.

[Hugroll]

when i read the post, i thought it was talking about the $1.3 billion dollar lottery in the U.S. If i managed to somehow win that lol, i would only end up getting around 500m due to taxes and such and i would spend atleast 50million from that amount on bitcoins. im pretty sure this would cause an uproar in the price aswell.

[krunox123]

Well, if I won a million dollars, I'd buy $400k worth of Bitcoin and spend the rest of it to buy a new house and anything that I want to buy.
Perhaps, I'll donate some to the charity as well.

[Timeline]

I would buy 300k worth of bitcoin and with the rest I would buy a house and save the rest.

[adibe]

If i won a million dollars, i will spend my money into bitcoin up to 50% of my money. it's depend though. if the future of bitcoin is quite good. maybe i will invest more in bitcoin.

[tn211]

I like to gamble, So i would go All-in with bitcoin.
Yes not, 10%, 25% or even 50%.

Best case scenario, a lot of profit.
Worst case scenario, 20-40% loss.

[knowhow]

I like to gamble, So i would go All-in with bitcoin.
Yes not, 10%, 25% or even 50%.

Best case scenario, a lot of profit.
Worst case scenario, 20-40% loss.

One thing i would do besides invest 10% at bitcoin would be with maybe 3 or even 5% of it open a company to make games online based into bitcoin,like travian and others of that type,in the medium time it would became profitable,and would bringing interest into bitcoin.

[nerFohanzo]

I like to gamble, So i would go All-in with bitcoin.
Yes not, 10%, 25% or even 50%.

Best case scenario, a lot of profit.
Worst case scenario, 20-40% loss.

One thing i would do besides invest 10% at bitcoin would be with maybe 3 or even 5% of it open a company to make games online based into bitcoin,like travian and others of that type,in the medium time it would became profitable,and would bringing interest into bitcoin.

I would not gamble, I would rather prefer to hold my dollars with me until the price of bitcoins fall down, as I don't know when I would win million dollars, but if I win and at the same time the bitcoin value is also in millions then there is no point in buying bitcoins, so for me it totally depends on the value of bitcoins or else I would switch to some other investments where I would get maximum and fixed profits.

[andulolika]

I like to gamble, So i would go All-in with bitcoin.
Yes not, 10%, 25% or even 50%.

Best case scenario, a lot of profit.
Worst case scenario, 20-40% loss.

if you go all in how can the worst lose be 20-40%? Lol rip math

[oblivi]

I like to gamble, So i would go All-in with bitcoin.
Yes not, 10%, 25% or even 50%.

Best case scenario, a lot of profit.
Worst case scenario, 20-40% loss.

That's a winner mentality really. All points to things doing great this year, so I would probably say fuck it, let's do it, and would go all in, then cash out like 30% after the massive pump that will happen in about June, and buy back even more BTC once the price settles. Repeat this during every big halving pump and end up with more BTC that I could ever count.

[koshgel]

I like to gamble, So i would go All-in with bitcoin.
Yes not, 10%, 25% or even 50%.

Best case scenario, a lot of profit.
Worst case scenario, 20-40% loss.

if you go all in how can the worst lose be 20-40%? Lol rip math

He's thinking that BTC won't all of a sudden collapse. It's not a terrible idea. If you won the million dollars, you didn't really earn it and won't feel too badly if you lost a portion of it in a volatile investment. On the other hand, if BTC price takes off, you'll look like a damn genius!

[chennan]

If I won $1.3 billion I would convert it all to bitcoins.

Then buy a large island and turn it into Bitcoin Island.

The thing is, is that you won't be getting the full 1.3 billion in a lump sum payment form. You have taxes to deal with and the local state tax if their is any (only certain areas have no state tax). You have the option to get pretty close to the full amount if you take the annuity option and get paid a certain amount of the total prize over the course of 30 years... But if you think like me, that's a risk, because who knows what the inflation/economy will be like in 30 years time.

Another problem you would have is actually purchasing that much in a big buy like that. Sure you could maybe wire some money to an exchange, but their would be laws to deal with when buying that much crypto.

[mixan]

if I have a lot of money, I would buy 100,000 BTC for long-term investments and for my future when I've retired

Are you sure you would put so much into one thing in one shot? That is not a good thing to do cause if it fails you are up the creek without a paddle.
I wouldn't buy so much as most are collecting bitcoin to cash out in fiat anyways. Unless you are the hardcore enthusiasts saying that bitcoin will never die, and we all know that nothing last forever and is stable in this world. This little thing we call reality does play a role there  .

[avw1982]

I would buy 300k worth of bitcoin and with the rest I would buy a house and save the rest.

That's great dude. I will buy 50 bitcoins for my future savings and other money I will invest in my own business to gain the profit. If I have balance more I will buy a house as well.

[PantFire]

I will buy 500k of it .

It is time to raise 

[Supercrypt]

I will buy 500k of it .

It is time to raise 

But if I win millions of dollars, i wont buy BTC actually, rather I will try to keep them as USD and wait for BTC to drop a little bit it seems like so, once it drops, I buy worth 66% of the million dollars I won

[stromma44]

I would buy 300k worth of bitcoin and with the rest I would buy a house and save the rest.

That's great dude. I will buy 50 bitcoins for my future savings and other money I will invest in my own business to gain the profit. If I have balance more I will buy a house as well.

50 bitcoins is the good amount to hold as it can be a great future investment, but rest we need to diversify our investments by investing into some other products too, like gold, usd or real estate which can give us good returns in the coming years, relying only on bitcoins won't help so its better we invest into multiple products.

[ultrloa]

I will buy 500k of it .

It is time to raise 

But if I win millions of dollars, i wont buy BTC actually, rather I will try to keep them as USD and wait for BTC to drop a little bit it seems like so, once it drops, I buy worth 66% of the million dollars I won

If the bitcoin price keeps on rising, you will never buy it and you will miss the future rise of bitcoin. So that is not a good strategy.