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Author Topic: You have 1m dollars..  (Read 3999 times)
bstewart
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April 29, 2018, 07:33:13 PM
 #561

Where and how would you invest 1m dollars? What coins will you buy? Or will Huh you just put them in Bank? Huh Wink

I would probably split some of it with a "safe" investment in the stock market and then put some in riskier high yielding investments like crypto.
KolinBitcoin
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April 30, 2018, 08:52:35 PM
 #562

I would to divide the money for buying bitcoin, ethereum, litecoin, dash, monero, etc, ada, and more coins because I have a huge money to invest. and I will leave small money to prepare if something bad happens because I know in the cryptocurrency, we cannot always see the price still increase. sometimes the price is getting down and if it's down, then I will buy more to add to my wallet.
makakadu
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April 30, 2018, 09:24:52 PM
 #563

In my country i can live on this money all my life. I see no reason to invest money in something, even in the bank. No reason to risk
furfurol
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April 30, 2018, 09:28:24 PM
 #564

This question has been asked many times, and it is like asking what will you do if you win lottery jackpot.
If you don't have 1 million dollars don't think what you will do with them. Think what will you do with money which you have at the moment to make that million dollars - and when you reach that goal you will know what to do with million $  Wink

Not really. If you get your million $ suddenly on your blockfolio after some massive rally, you just stay there with open mouth unable even to grasp that those numbers are in fact one million $. IF you cash it out in time, of course.
If you earn a million dollars and try to cash out them, you can earn yourself big problems. Tax organization of any country will come to you with questions and not only. The ability to handle such big money is not an easy task
shadowduck
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May 01, 2018, 10:27:38 AM
 #565

and that would be just fine I have had 1000000$. most likely, I just bought an apartment)) and if seriously it is a very large amount and I would be divided between several cryptocurrencies in order to decide what you need to study the market in detail. but I would choose a minimum of 4 or 5 different cryptocurrencies and maybe another 1 little-known to take risks and earn a lot.

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udayantha11
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2023 would most likely be as bearish as 2022


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May 01, 2018, 10:31:57 AM
 #566

i devide in to three major groups.

1. alt coins
2. bitcoins
3. icos


60% of the 1mn dollers put to alt coins, examples as TRX,ETH,ZIL

20% btc , rest for the ICO's.

now a days potential ico's are

Bobs repair
Nos
Quark chain

we all need universal power and cyclist of Everything
-2023 would most likely be as bearish as 2022-
=BTC will make it, but might be a long winter=

Stronger the storm, brighter the rainbow
gokusenpai0302
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May 01, 2018, 10:54:16 AM
 #567

Where and how would you invest 1m dollars? What coins will you buy? Or will Huh you just put them in Bank? Huh Wink


If I will have 1 million dollars I would rather invest it into something that will make a huge profit in the long run. If I will just put it in the bank, it will not grow and it has a low-interest rate. There are many ways to invest your money that includes, digital currency market, putting up a business and many more. Of course, I will buy BTC which as the most profitable and has the most trading volume in the digital currency market. Of course, I will not focus on one coin, I will invest also in altcoins like ETH or LTC which is an asset in the long run if you make it a long-term investment. Your 1m dollars will fade in an instant if you don't know how the market works, you must do your research before getting into something which involves money to avoid a huge loss. Investing in a bank still a good idea if you haven't heard anything about cryptocurrency, but if you're a person who already engaged in cryptocurrency market I think if you can still use a bank as savings account not for investment.

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myigitcoin
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May 01, 2018, 10:55:56 AM
 #568

It's a great feeling to think that you have $ 1 million. it would be very exciting to invest in this currency in the crypto currency market. I bought a part of the money with a subcoin and a part with ethereum.
Artem57
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May 01, 2018, 10:58:00 AM
 #569

If I had 1 million dollars, then I would probably not buy the crypto currency, but would invest it in a real business. I would sell different goods. In my country, this amount of money is enough to live all my life very well, and the children will remain. This is a very big amount of money for playing with the Crypto-currency.

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Hughesy26
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May 01, 2018, 11:02:38 AM
 #570

I think it's too risky if 1 million dollars investing in crypto, maybe I'll put it in the bank and I'll invest in Bitcoin & ethereum as well as in some icos projects  Cheesy

Yeah...

$1M is a lot of money, I'd probably spend some of it in the first place. Grin Maybe hire an actual financial advisor who knows more than me lol.

Nearly all financial advisers will tell you to stay away from crypto. Personally I would have more faith in my own ability to do research and buy $500k worth of coins; a mix of high cap and low cap and within that a mix of capital growth and staking/MN coins

The world will take a while to catch up so I wouldn't put all your faith in financial advisors for now  Grin


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olari
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May 01, 2018, 11:09:40 AM
 #571

Part of the money I would have invested in various crypto-currencies, part would hold. Even if one of the investments is not very successful, at the expense of the others it will be possible to cover losses from it.
rosebit
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May 01, 2018, 11:10:02 AM
 #572

If i have 1m dollars today I will buy token bitcoin and  token ethereum because I am sure both are very good for the future and potentially. because I am sure both are very good for the future and potentially.
AndrewBrown
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May 01, 2018, 11:32:28 AM
 #573

Basically if I had a million dollars, I would invest most of it back into tech start ups and businesses so that my money keeps making me even more money. A million dollars might look like a lot of money at first but if you actually start spending it without any way of replenishing the money which you have spent then it will not be very long until that million dollars is gone and you are broke again.
_Gaston_
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May 01, 2018, 11:53:16 AM
 #574

10% for life and entertainment. 50% in the classical investment (gold, shares, etc.) 40% in the Crypto-currency (would have bought about 50 different crypto-currencies)
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May 03, 2018, 10:22:33 AM
 #575

I have$ 1,000,000 I would probably not invest in cryptocurrency) and seriously, I would divide my money between several cryptocurrencies. something that should be engaged in studying of the market more actively because it is the large sum and here it is impossible to be mistaken.
buhna
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May 03, 2018, 10:25:37 AM
 #576

Yestarday I had advice that you always need to change your investing portfolio. Buy coins when it full down and sell - when it grow up. So you always have different coins.

Brimtorl
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May 03, 2018, 10:33:09 AM
 #577

I think the safest option is to put some money into the bank, and invest the remaining money in promising coins.
thesuriel
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May 03, 2018, 10:34:31 AM
 #578

If I have 1M, I would lurk here anymore as I will probably try to own several businesses to manage and live a good life on.
luongdk
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May 03, 2018, 10:37:02 AM
 #579

I would invest in top 100 altcoins , and something like 20% I would invest in potential low cap coins or hight demand ICOs. This is my game plan.
 I don't know when I will be millionire, but I am going to gain it in next 7 years
CrimsonGT
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May 03, 2018, 10:38:31 AM
 #580

I would make very diversified portfolio – bought a house in some good place, gold, shares and bonds, and 100 000 dollars would be invested in crypto still)

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