which will u choose to buy

[Noctis Connor]

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 ?

Not all would be put up in bitcoin if I do have a million dollars of cash.It would be diversified on different investment.

-Gold
-Crypto
-Stocks
-Physical type of business
-Savings -Time deposit

I wont really be risking out on a single place.Just want to play safe.

Same for me. As they say, don't put all your eggs in one basket. If crypto or bitcoin crashes, then you would feel depressed because you didn't diversify all of that money. Imagine if you're one of those people who invested on 2017's ATH. They just recently recovered their loss after 3 years of hodling if they didn't sold it yet.

Its true if you put all your money into crypto currency and then price suddenly drops your millions will become hundreds it's really annoying when that happens and yes if you invested in that era when bitcoin price is not that quite high then you become millionaire if you have the good mindset to hold that long, Not all are interested in gold and not all are qualify to invest in gold stocks market are good also with small business that are popular with people to reach your monthly income and to support with your daily basic with financial bills with in a month.

[Traderbtcc]

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 happen to be in possession of such amount of money I would definitely invest about 50% of it into bitcoin cause it's a limited asset, once there are no longer new bitcoins to mine, the price of bitcoin will definitely skyrocket in the future, it might even double or triple my investment, then I would use 25% of that money to invest in new potential projects, then the remaining 25% will remain in a crypto but in a stablecoins like USDT, DAI and USDC.

[Phoenix_PROG]

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 ?

Millions of dollars is enough for my life time in this world, you can do everything you want, a Ferrari costs less than a million dollars and you mentioned millions of dollars lol, I can invest in every God damn investment plans in the world today, real estate, bitcoin, acres of lands etc and of cos I will help those in need and also have a good plan for my family

[Davian144]

Millions of dollars is enough for my life time in this world, you can do everything you want, a Ferrari costs less than a million dollars and you mentioned millions of dollars lol, I can invest in every God damn investment plans in the world today, real estate, bitcoin, acres of lands etc and of cos I will help those in need and also have a good plan for my family

Yes, millions of dollars is a very large amount and it will be very rich if someone has it, because with millions of dollars in our hands, we can plan anything according to our own wishes, because it is not a small amount in my opinion.

[Betwrong]

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 ?

One more thing to consider(if you are still reading this thread).

If you have big money in your possession(forget about millions, it can be thousands, let's be more realistic), the best thing you can do is investing in your education. With good education you can make good money on a regular basis, but what is equally or even more important is that you can fully enjoy your life only if you are cultured.

In short, education should be you primary target, not the money.

[nrvasquez]

Yo, that $1m is a lot. maybe I'll buy a company that's already running. maybe it is not a big business, but it is certain that it has made a profit and also has a strong sustainability. after the ROI is successfully obtained, then start reinvesting into other assets. at least that was my plan

[AniviaBtc]

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 ?

It is much better if you invest so that you can have a source of profits in the future.

Buying a high class ferrari car is really not a good idea if you are not stable in life, this things is included to our necessities and it should not be the priority.

You should know your priorities so that you are focused on what you are doing in life. If you are distracted by other things then probably success will not chase you. There's a lot of opportunity in investing on cryptocurrencies especially in bitcoin. Never waste an opportunity to engage to it no matter what, but if you are not willing, then it is your choice.

[tarable]

I'd diversify my portfolio. Perhaps, half of it or less I'd invest in crypto.
Other half in low risk investment tools suhc as fonds, foreign assets, perhaps stocks to some extent.

It is great if you have a unique strategy in this case, because without a good strategy, someone will not easily get profit in any case, hopefully your portfolio structure can be very good and not misguided.

[Latviand]

I will always choose to invest on cryptocurrency rather than buying my necessities if I'm not that successful yet.

Why will you buy something that will not help you grow more, something that will not make you have a stable source of income.

It is much better to have a multiple source of income so that your growth will be fast and stop buying things for fun.

Self-discipline is important in handling your money and assets, cryptocurrency is really profitable and it is really a good asset to help you grow more. Once you are already a successful investor and you have different sources of income, that's when you should buy your necessities in life.

You will not worry on those expenses no more.

[zonefloor]

Frankly, if I had that much money, I would keep half of it on cryptocurrency and half as cash for myself. As an investment, I would focus on BTC and ETH. Because BTC is always the king in the crypto money market. ETH comes after it. No doubt these two always make a lot of money for large sums. Even small rises within millions of dollars can add wealth to my wealth.

[Hamphser]

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 ?

~

Same for me. As they say, don't put all your eggs in one basket. If crypto or bitcoin crashes, then you would feel depressed because you didn't diversify all of that money. Imagine if you're one of those people who invested on 2017's ATH. They just recently recovered their loss after 3 years of hodling if they didn't sold it yet.

Its true if you put all your money into crypto currency and then price suddenly drops your millions will become hundreds it's really annoying when that happens and yes if you invested in that era when bitcoin price is not that quite high then you become millionaire if you have the good mindset to hold that long, Not all are interested in gold and not all are qualify to invest in gold stocks market are good also with small business that are popular with people to reach your monthly income and to support with your daily basic with financial bills with in a month.

You wont really be able to handle it out if you do see your millions becomes only hundreds of thousand due to market fluctuation.How much more if it do really have some serious correction?

You would really be ending up on panic selling and as i had mentioned into those various allocations then you can somewhat assure that you wont really be on the failing side since
you do have the chance to recover even if other investment had failed to do so.

Always be wise and secure on having multiple investment neither focusing on just one.

[inoes]

people spend their time looking for money so they cannot enjoy the time of their life. uses his health to earn money, and when sick he uses money to get health. it sounds funny, but it's the truth. if I already have millions of dollars, I don't need to make money anymore.
just live and enjoy. if in a month we spend 1k $ then Are we going to live for 1K months with the rest of our life today?
so enjoy life and simple life.

[loopes]

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 ?

Obviously i will not choose the first option, i dont wanna spend my money for expensive things. Second option is good option to choose and generate more money. But, i will not put all of those money on bitcoin. Diversification investment is best investment planning to reduce the risk of valuation every single investment. Then, Beta risk analysis should be done when try to make a diversification investment.

[Genemind]

Invest it in something that will provide you income even in the long term. I would invest it in crypto by making a good entry and holding it for a few years. It is also wise to invest in the real state or have a business that will give you continuous income. Spending your money wisely is a must if you have a huge amount of money, without proper money management million of dollars can be gone in just a short span of time.

[newwest]

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 ?

investment in bitcoin is only a few percent. for me there are still many other business choices that are bigger than bitcoin that are also lower risk. if investing all in Bitcoin it looks like a high risk

Do not put all eggs under one basket in same way we need to allocate our investment in different business, coins etc in order to keep making money every month even if one of the sectors is down where you had invested. This way helps to keep generating some income from different sources and helps you to diversify the portfolio.

[Vishnu.Reang]

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 ?

Is it necessary to spend all of your money in one specific niche? Most of the billionaires spend a part of their wealth on luxury items such as sports vehicles, while they keep the remainder as various investment assets such as treasury bonds, bank deposits, real estate, equities and bullion. Most of us would do the same, in case we become millionaires as a result of Bitcoin. 

[sarmrakib]

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 on crypto for sure .I will buy bitcoin of my 25% amount of the total wealth .I think altc can give a good return as well so that have a plan to put a amount for it as well .However we can dream a lot but it will not happen .But as much i have i always invest on crypto for long term .

[peter0425]

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 ?

Is this really a question? Luxury against investment ?

First i will only purchase Ferrari once my Money is above to buy even 5 top of the line Sportscar, but with million dollars? I will take second Hand ferrari for a while ,and the majority of Money will be for investing in crypto .

for sure after couple of years just laying all my coins inside my safeties ?i may buy 2 or more expensive cars .

[AjithBtc]

I personally lost all my earning out of cryptocurrency. This happened just because of hodling without any target. I had good number of altcoins and little bitcoin during the previous bull market. I didn't spend it on cars or any other luxury living. I kept hold and missed the opportunity to profit big. Later I sold when the market was bearish. From that point I prefer to invest on real estate over the cars apart from cryptocurrencies.

[cryptoknightt]

I think if to survive you need to save some cash, I mean you need time to benefit from the value of your investment. whereas buying ferrari is a bad choice if you have no other income. So invest and set aside a little money or you have a source of money for your living needs while your money is invested.