sukmo
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Moonbet.io
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January 13, 2021, 07:34:23 AM |
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If I was in that position the thing I would do would be to use half of the money for cryptocurrency investment. And the rest I will use for real effort and to make ends meet. On the grounds that if the investment fails I still have a business running and it's the opposite.
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chrisculanag
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January 13, 2021, 09:05:38 AM |
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what are you gonna do if u have millions dollars of cash ? are you gonna spend it all for ferrari high class car or invest bitcoin for survive ?
If i have a million dollars , i invest some dollars in cryptocurrencies for trading and the rest is for the business and my family need. I dont waste the money in a high class car instead i just invest to crypto to survive in the future.Be practical money is very important to survive thats why we need to manage wisely to grow or earn a lot that can support on us in the future.
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Mauser
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January 13, 2021, 09:12:42 AM |
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If I was in that position the thing I would do would be to use half of the money for cryptocurrency investment. And the rest I will use for real effort and to make ends meet. On the grounds that if the investment fails I still have a business running and it's the opposite.
This is a good idea. Splitting large investments makes a lot of sense. If you would have asked me 1 year ago before the corona pandemic I would have put all the money down as investments. But now with the economy hurting so much and the lockdown being extended for another 2-3 months I remaing sceptical about the future. Better to leave some money in the pocket if times are getting worse.
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Ludmilla_rose1995
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February 06, 2021, 10:55:17 AM |
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what are you gonna do if u have millions dollars of cash ? are you gonna spend it all for ferrari high class car or invest bitcoin for survive ?
If I had millions of dollars, then I would allocate 50% for bitcoin investment, 25% to develop my own business, and 25% to travel around the world. Unfortunately, I don't have millions of dollars in my life. I only have thousands of dollars from the business I own.
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0t3p0t
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February 06, 2021, 11:42:45 AM |
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what are you gonna do if u have millions dollars of cash ? are you gonna spend it all for ferrari high class car or invest bitcoin for survive ?
No! I am not gonna spend those millions one at a time maybe I will invest 60% in Bitcoin. And the other 40% will be spent for the families needs and wants. I want my future to be safe and secured so, that ratio would work well for me.
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iamsheikhadil
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February 06, 2021, 12:06:19 PM |
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People who have answered with bitcoin here have made over double their money since this question was asked. So instead of having one car, you would have two million dollars instead and that would be enough for any car you want, we are talking about two million dollars here.
Bitcoin is a great investment no matter what you compare it with, you are not going to compare it with anything at all that would make sense. Crypto as a whole is a great investment, look at miners right now, even at the end of the mining world where ETH 2.0 will be reality in few years time, probably in early 2022 or maybe a bit later, they are still making tons of profit, why? Because no matter what you do, if you go into crypto and wait enough, you are going to make a ton of profit. Which is why never put your money into something else to make a profit, if you really want to invest, go with crypto.
It's not always crypto though. The key here is always to hold for long term be it any investment. One can also purchase and invest in gold/silver, or stocks of good companies which are bound to increase in value because of their functionality. Investment is like a game of "full faith", you have to believe in the future, then only you can remain content with your present investments and not cash them out at small profits or panic sell.
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Arkann
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February 06, 2021, 01:35:16 PM |
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In any case, today I have specific goals, upon reaching which I will fix my profit. It is the profits I will invest in my business and other alternative sources of income that will make me more financially financially independent. Of course, I will constantly monitor the cryptocurrency market in order to profitably invest in specific cryptocurrencies, because thanks to the volatility of cryptocurrencies, the market gives very good profits.
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Jemzx00
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February 06, 2021, 02:03:00 PM |
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In any case, today I have specific goals, upon reaching which I will fix my profit. It is the profits I will invest in my business and other alternative sources of income that will make me more financially financially independent. Of course, I will constantly monitor the cryptocurrency market in order to profitably invest in specific cryptocurrencies, because thanks to the volatility of cryptocurrencies, the market gives very good profits.
That would be a great way to maintain your money if you have a million dollars. Investments and assets will make any individual financial independent which can provide a passive income to anyone. Some people would say that they'll spend their millions to properties, cars and stuffs that can make them happy which isn't wrong but if you look in an financial perspective view will make you go broke in an instant. Investments, business, trading and stocks will help you provide income and maintain or even multiply your assets.
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CarnagexD
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February 06, 2021, 10:38:01 PM |
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If I have a million dollars to spend, I'd not spend it immediately. I'll weigh my options and see how or what will be the best move that will offer me better profits, be it the stocks, bitcoin, ethereum, setting up a business or whatsoever. I wanna make sure this 1M I have is gonna birth more millions in the future, so as early as I get my hands on the money I'll think of a good plan to make it grow.
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ReiMomo
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February 06, 2021, 10:46:36 PM |
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If I have a million dollars to spend, I'd not spend it immediately. I'll weigh my options and see how or what will be the best move that will offer me better profits, be it the stocks, bitcoin, ethereum, setting up a business or whatsoever. I wanna make sure this 1M I have is gonna birth more millions in the future, so as early as I get my hands on the money I'll think of a good plan to make it grow.
Money is just money that will easy to spend even in just a couple of days it will wipe out and gone. If we had that opportunity that comes in our life, we must have a plan for how it will grow continuously so that we will not need to find work just to have money. Investment is a good answer or even a business, it could be a long term or short term investment as long as you have an ROI per month or annual that may your source of income. If I have that much money, I will invest 75% into different investments and one of those is bitcoin investment for the future purpose, I guess 10 years maybe worth it.
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Nunoluck
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February 06, 2021, 11:17:26 PM |
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I always like to diversify my investment. 10% in bitcoin, 20% in gold, 30% in business, 40% in property. Although I will only invest 10% in bitcoin but the price will keep rise so I will get big profit in the future, I'm afraid to invest more than that because the volatility is too extreeme. Gold is one of best investment because it price tend to rise. As a person who have a lot of money it will be good if I keep the money velocity so the economy can be better. Everyone needs property to live so this is the best long term investment.
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patientforzhou
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February 07, 2021, 08:21:48 AM |
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I will choose to invest in some digital currencies on the basis of ensuring my own life, but I will not choose Bitcoin. The entry of 1 million is too low for Bitcoin. It is better to choose some altcoins.
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Kocret02
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February 07, 2021, 02:59:04 PM |
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what are you gonna do if u have millions dollars of cash ? are you gonna spend it all for ferrari high class car or invest bitcoin for survive ?
for crypto maybe only 2% of my assets. because it would be risky if you put up to 50% for crypto. maybe someone brave has to be a professional to be in crypto in large numbers. for me real estate business like real estate or automotive is better and the risk is minimal.
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KuromaYoichi
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February 07, 2021, 03:07:47 PM |
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It's an easy choice as i won't be spending a lot of money on cars as their value will only continue to go down. Even if i don't spend it all on bitcoin then i will spread it to other kind of investment like stocks, bonds, or properties. If you have a lot of source of passive income then you can live comfortably later in your life rather than have fun with luxury car right now and struggle later. It's not like you have to spend a lot of money to buy car, just buy an ordinary one as it serve the same purpose.
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GbitG
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February 09, 2021, 02:34:23 PM |
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I will choose to invest in some digital currencies on the basis of ensuring my own life, but I will not choose Bitcoin. The entry of 1 million is too low for Bitcoin. It is better to choose some altcoins.
I not agree with you here as 1 Million is too low for bitcoin because, its really idea amount for investing in this as you can go with some altcoins as well because putting all eggs in one basket is never been good idea. So keep spreading but do some good work for this all because its very violate market its need some good intention from investor after investment for better result.
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3meek
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February 09, 2021, 02:39:26 PM |
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Of course I would buy a new car, but definitely not a Lambo!) I would definitely invest most of the remaining money in cryptocurrencies... In fact, the main point is not to spend money, but to increase it!
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sportclub2010
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February 10, 2021, 07:40:03 PM |
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what are you gonna do if u have millions dollars of cash ? are you gonna spend it all for ferrari high class car or invest bitcoin for survive ?
I would not buy such an expensive car as a Ferrari. Would have bought it much cheaper. The rest of the money would be distributed to business and investments. I would invest not only in bitcoin, but also in another promising cryptocurrency.
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Obito
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February 15, 2021, 01:00:01 PM |
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The choices that OP are asking are stupid, one million dollars goes a long way and if that were a once in a lifetime opportunity then that means that you have to spend it wisely, it is no brainer that you will invest it in bitcoin. Bitcoin is evidently growing and buying something that depreciates in value overtime unless it is the last Ferrari model in the world will be the most dumb thing that you could ever do to your money.
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youdacapt
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February 15, 2021, 01:15:19 PM |
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what are you gonna do if u have millions dollars of cash ? are you gonna spend it all for ferrari high class car or invest bitcoin for survive ?
Well, it all depends on the kinda million dollars; some millions dollars will buy a ferari and still invest in bitcoin; Also, investing in bitcoin is not a survival policy but a wealth creation policy; you need to undergo teachings on crypto currency trading and investment so that you can have the right emotions and psychology as regards crypto currency. if it were me, i would buy my favs ferari; and then invest in bitcoin, etherum and litecoin; they are very bullish on the long term with great prospects.
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Sebas.tian
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February 15, 2021, 03:50:57 PM |
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what are you gonna do if u have millions dollars of cash ? are you gonna spend it all for ferrari high class car or invest bitcoin for survive ?
I will invest it in different business in case one crash down, i will use the other one to raise it up not to experience lost. I will invest half of the million dollars to Bitcoin, since bitcoin business is really improving in the areas of investment where investors are making massive profit from their Investment. I will spend the remaining half million dollars to gold and oil business which are more older than bitcoin business.
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