I want to lock $1 million.

[Kasabus]

If you want to lock that money, don't put it in an investment as investment does not guarantee you profit.
The best way to ensure you still have that $1 million usd after the time period you stated is put it in a bank for time deposit, I know you have already mentioned that in the OP but I don't see any option that best suit in your situation. Try to make an arrangement with the bank for that long term deposit and just be more discipline not to touch it over an agreed period, I know you can as you are smart to be able to make that huge profit.

[Dreamchaser21]

So far I have not heard it. your case is very unique and sounds weird.
why do you lock your assets, everyone wants to enjoy their success.
the best way is to buy real assets, such as land and houses.

also he enjoying his success. but told that he want to lock half of his crypto thats mean 1M$ and others 1M$ he want to spent.Maybe there is some reason.Maybe he is thinking if he locked That money after 5 year it can be 2x or 5x etc.

Most probably yes, he's doing that for a reason and he's too confident about the future price of cryptocurrency he's holding for. That's a lot of money and its too risky to hold that online, its better if the OP finds someone who can help him to secure that money for a long time. In my place, if you have that kind of money you can buy anything and of course you can make a lot of business.

[Lanatsa]

So far I have not heard it. your case is very unique and sounds weird.
why do you lock your assets, everyone wants to enjoy their success.
the best way is to buy real assets, such as land and houses.

also he enjoying his success. but told that he want to lock half of his crypto thats mean 1M$ and others 1M$ he want to spent.Maybe there is some reason.Maybe he is thinking if he locked That money after 5 year it can be 2x or 5x etc.

Most probably yes, he's doing that for a reason and he's too confident about the future price of cryptocurrency he's holding for. That's a lot of money and its too risky to hold that online, its better if the OP finds someone who can help him to secure that money for a long time. In my place, if you have that kind of money you can buy anything and of course you can make a lot of business.

Not that much specially on first world countries.You can do this on 3rd world ones on building out business which this one can give

you lots of opportunities to make with this amount converted on other currencies knowing $1M is already a big amount but talking about on where it should be locked in terms of crypto currency then I would definitely go with Bitcoin no doubt.

[Krislaw]

~

You are make pyramid to pyramid

Thx

yeah, for what?

~

You don't give what cryptocurrency you has been got 2 million and want to lock it 1 million, The best thing to invest to Bitcoin only and lock it into cold wallet forever.

[olamidey]

The only viable option is the time-lock. You can't use fiat for this because you'll need to trust 3rd party to hold your funds, and it's quite possible that after 5 years it will be difficult to claim it back. With time-lock, you don't have to trust anyone except the code itself.

With fiat, you'll always get the urge to claim it back, while at the same time if you destroy the proof that you own that money will not be effective as it could prevent you from claiming it back. Bitcoin is the key here.

Great response. Still don't understand the need to lock up your funds. They're yours anyway. The time-lock works well though there will be crazy urge to access it. You can use crypto - BTC for this. A major thing to keep in mind is security if the wallet and it's access details. A paper wallet in this case may prove to be very useful. Just don't loose the details. If not, you'll join the list of those who have BTC but can't access it .

[Goodvalony]

i sugguest you move some of your funds into staking projects to earn more money. Proof of stake is a means by which we earn more tokens without be affected by the bear or bull market. i think that will help you to grow your money instead of storing it somewhere without use.

[fullhdpixel]

So far I have not heard it. your case is very unique and sounds weird.
why do you lock your assets, everyone wants to enjoy their success.
the best way is to buy real assets, such as land and houses.

also he enjoying his success. but told that he want to lock half of his crypto thats mean 1M$ and others 1M$ he want to spent.Maybe there is some reason.Maybe he is thinking if he locked That money after 5 year it can be 2x or 5x etc.

Which I think would be the right thing for him to do, because if he fails to manage the wealth very well, it would just fly away and would be wondering what he did with 2 million dollars, the best way to successfully manage it is just to lock it, but the aspect of locking, I would really advise him to just use it as investment instead.

Since he has another part that is 1 million dollars, he can still use part of it to reinvest in cryptocurrency, then maybe spend the rest on whatever makes him happy but he needs to still guide the remaining half jealously in case something happens along the line that made him not to manage the other half well, and moreover, he needs to save for the future, if he locks it in the bank, anything could happen to currency and render the money useless, so best bet. Investment all the way.