Cling18
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December 31, 2020, 10:07:34 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 would have that amount I will focus on my needs more than my wants and that's an investment. I will invest most of my funds with Bitcoin which I think is worth it because we could gain a good profit in time. I'll also buy a better house so I could live life comfortably. I just wish that we could really have that amount of money.
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Freeesta
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January 05, 2021, 01:23:40 PM |
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Well, I think there is no point in investing in cryptocurrency if you have millions of dollars in cash. After all, cryptocurrency can either make you a huge fortune or leave you with nothing. It will be much easier to invest this money in real estate.
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Princejebs
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January 05, 2021, 10:34:06 PM |
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If I have a million dollar dream, car is nice but an investment would be nicer. Shiny things like cars and jewelry don’t appreciate but crypto investments could grow naturally over the time, that million dollar investment could change your life in the near future and could buy you not just a Ferrari but could also help you have a good future.
What about buying shiny things like metal such as Gold, you can use them and sell them whenever you don't value them again. Real gold don't loose their value since they can be reform into another shape and size and resize into different object. Why crypto has been unique from this metala is because of it's volatility, they can easily pump and can as well dump. I wish the traditional system can work the same the but the system has made us believe that traditional don't work that way. Though, technically and fundamental it's false, we all seen how they were volatile during pandemic.
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goldade
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January 05, 2021, 11:05:17 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 ?
Why buy such an expensive car when I still have to look for money to cater for its high cost of maintenance? I'm sure everyone knows cars like this are very expensive to maintain. I'd rather put half of it investing in bitcoin, put 25% into real estate investment and then use the remaining quarter to get a pretty good car that is not so expensive to maintain. This way, I am sure of pretty good returns that most likely serve me for life. I wouldn't have to bother about certain needs anymore since there's a system in place designed to cater for that
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hahay
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January 05, 2021, 11:47:25 PM |
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Well, I think there is no point in investing in cryptocurrency if you have millions of dollars in cash. After all, cryptocurrency can either make you a huge fortune or leave you with nothing. It will be much easier to invest this money in real estate.
I was wondering, what are you doing here? I was surprised when you were here but you said investing in crypto would not give you any profit? How can you assume that, is the crypto market just for making money without investing? Is that what you think or something else, how can? Cash can still be used to invest in cryptocurrency by converting, so there is no reason not to invest but yes it is an option but if you say investing in cryptocurrency doesn't provide any benefit, I think something is wrong about that. Investing anywhere if it is not accompanied by knowledge, still, it will not give you any benefit even if you invest in real estate, profit and loss is something that will definitely happen because investment is not always easy for you to make a profit.
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Wisbrown
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January 06, 2021, 12:24:20 AM |
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Bitcoin is still the best crypto to invest because of the trust and the popularity it has gain over others
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raidarksword
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January 06, 2021, 08:12:16 AM |
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Choosing both of them is still considered as an investments wherein in ferrari car you can sell it in the future as long as it is well-maintained in order to have a better price in the end. Bitcoin, on the other hand is a long term venture that will surely be having a high price in the future. So, basically I purchase 50/50 as a terms of investments.
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Saisher
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January 06, 2021, 10:08:32 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 ?
I can have a ferrari later but I want to take the best opportunity presented to me right now and that is investing in the right coin while the market is in bull run, I could have two ferrari if I play it right that is by investing in the right coin and on the right time, this is the best time to invest after three years of bear trend.
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newwest
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January 06, 2021, 03:23:29 PM |
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Bitcoin is still the best crypto to invest because of the trust and the popularity it has gain over others
Bitcoin will continue to remain one of the best crypto in coming time as well so investing in it will certainly the best option. I would continue to invest in it and will clear off some of the debt which is still pending if happen to receive millions of dollars. But investing in crypto will continue to be my part in future as well.
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pinggoki
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January 06, 2021, 05:03:29 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 ?
If I am given a chance to have those millions of dollars, then probably I will buy it for some high class or luxury cars and also I will also invest some of my money into bitcoin and other stuffs just like real estate because I believe that those investments are good enough that will help you in the near future if you have lost your money.
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Wipeout2097
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January 06, 2021, 08:52:04 PM |
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In the event that i had that cash i will never ever be affectionate of costly thing i ought to think almost survival since cash are will be effortlessly gone after you do not utilize it right these days,Some Amount of my cash i will put it into bitcoin and Altcoins for HODL and trading increase more portfolio. My major interest to invest in worthy project like BNB vault to HODL and earn daily. Staking and providing liquidity to pools are trending investment mediums which help to earn passively.
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BrownSuS
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January 07, 2021, 04:53:05 AM |
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I will invest in btc when it was of $4000
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GeorgeJohn
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January 07, 2021, 06:28:08 AM |
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People are differs in terms of business ideology because it's obvious that some people does not utilize money while some people utilize money when them see money, issuing me half a million dollars, automatically the money is going to be invest instead of buying personal use, first I will ensure the money yield another money monthly or annually, by adventuring into cryptocurrency such as buying and selling of bitcoin making a little profit every month, i think it's more preferable than using the money all for Ferrari that will require maintenance and also a liability to me, I really know it's nice to leave a comfortable live but exhausting half million into a property that will not generate income is absolutely wrong plan from my perspective.
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Vaskiy
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January 07, 2021, 08:29:56 AM |
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I prefer buying low price cryptocurrencies, because at present we can't have a clear picture about the price movement of bitcoin. The bullish trend could undergo correction or it can continue growing. Rather than risking at a higher price I prefer investing on low price coins. In particular I prefer XRP at the moment, because the team will put effort to retain its growth. So, with trust can invest in my opinion.
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jamalaezaz
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January 07, 2021, 08:35:46 AM |
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I will invest in btc when it was of $4000
Bro. that time has passed. I don't think $4000 BTC price will happen again. i wish it would happen but it doesn't seem possible anymore. People are differs in terms of business ideology because it's obvious that some people does not utilize money while some people utilize money when them see money, issuing me half a million dollars, automatically the money is going to be invest instead of buying personal use, first I will ensure the money yield another money monthly or annually, by adventuring into cryptocurrency such as buying and selling of bitcoin making a little profit every month, i think it's more preferable than using the money all for Ferrari that will require maintenance and also a liability to me, I really know it's nice to leave a comfortable live but exhausting half million into a property that will not generate income is absolutely wrong plan from my perspective.
so you would invest whole amount in Bitcoin or in cryptocurrency and generate more cryptos every day or every month? you got a nice plan but how would you execute it? how you make sure that you'll not loose anything by investing in crypto? what if price drop? which is normal I think.
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Casdinyard
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January 07, 2021, 03:48:42 PM |
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I prefer buying low price cryptocurrencies, because at present we can't have a clear picture about the price movement of bitcoin. The bullish trend could undergo correction or it can continue growing. Rather than risking at a higher price I prefer investing on low price coins. In particular I prefer XRP at the moment, because the team will put effort to retain its growth. So, with trust can invest in my opinion.
Either way, risk is not under control. Not to criticise your plan but have you considered investing on real estate or business if you are looking for a higher chance to make profit with that huge money, perhaps in this case, to make it more profitable? 'coz I think I would consider putting perhaps 50% of such huge amount in business and probably only 20% in this industry. One reason if you would ask, is because in a business you will be more in control of the odds in which you can make adjustments for your business to lessen the chance of losing. Unlike in cryptos wherein you will be dependent to the market behavior in 'general'. This is just how I view this scenario but I do still look in your perspective as well as to those who are having the same view.
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dezoel
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January 07, 2021, 05:55:56 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.
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GeorgeJohn
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January 07, 2021, 09:02:19 PM |
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I will invest in btc when it was of $4000
Bro. that time has passed. I don't think $4000 BTC price will happen again. i wish it would happen but it doesn't seem possible anymore. People are differs in terms of business ideology because it's obvious that some people does not utilize money while some people utilize money when them see money, issuing me half a million dollars, automatically the money is going to be invest instead of buying personal use, first I will ensure the money yield another money monthly or annually, by adventuring into cryptocurrency such as buying and selling of bitcoin making a little profit every month, i think it's more preferable than using the money all for Ferrari that will require maintenance and also a liability to me, I really know it's nice to leave a comfortable live but exhausting half million into a property that will not generate income is absolutely wrong plan from my perspective.
so you would invest whole amount in Bitcoin or in cryptocurrency and generate more cryptos every day or every month? you got a nice plan but how would you execute it? how you make sure that you'll not loose anything by investing in crypto? what if price drop? which is normal I think. Not really using all the money into cryptocurrency , at the least some part of the money will go into other businesses that will bring return not only cryptocurrency because bitcoin can drop as you said in price anytime and any hour, so is not good to place all our eggs in one basket in case of breakage or destruction, and its obvious that any business is based on risk, trading via forex through bitcoin can equally bring much profit that's not expected , so in all ramifications living a comfortable life or moving with a better ride is not an assets, asset is investment that brings return.
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iamsheikhadil
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January 12, 2021, 06:31:38 PM |
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If I get a million dollars, first thing would be to save at least half of it for future and emergency needs or just for basic life purposes. The rest of the money I'll use to trade, or open a good business that can create many jobs as well as good returns on investment. It's very hard to sustain and manage a huge amount than to make that much amount in the first place. Buying a car would be the worst investment. Because it has taxes, maintenance charges, petrol charges. And I don't really travel a lot for me to really buy a car which I won't use.
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chikading2016
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January 12, 2021, 09:52:42 PM |
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Million dollars is a huge amount so i think there is no need to sellect to buy firari or invest into bitcoin, because even if we buy firari there are still an amount left to invest in bitcoin, the best idea is to spend money wisely through investing in crypro,building a house, building a businesses,etc, there are so many thing that can give you a profit never lean on one side, because everything depend on your luck, if you are not lucky on crypto maybe you are more lucky on doing business so just try everything to make profit for good.
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