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Author Topic: which will u choose to buy  (Read 1856 times)
Shasha80
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February 24, 2021, 10:40:49 PM
 #181

I don't need a Ferrari right now, so I'm not going to spend millions of dollars of cash buying something I don't need. I will use it to buy Bitcoin
if I get millions dollars of cash, because investing in Bitcoin can make me rich. To be a rich man, must be able to make the money we have can
continue to increase in number. And if we look at the price of Bitcoin, whose price continues to rise,  it means investing in Bitcoin it can indeed
make us rich.

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February 25, 2021, 07:35:56 AM
 #182

I'd probably be having a business to grow that million dollar. I will not rely on BTC alone. You need something to grow your money but aside from that, having BTC on your saving will do good as well.

I agree, diversification is the key to grow our portfolios and stay rich in the future. Splitting money between crypto currencies, other financial asset and real world investments is a good approach. As long as the business is profitable and will keep making money in the future. But there are also a lot of risks involved with owning a business, especially in difficult times like we have right now with the global pandemic. A lockdown for half a year could ruin any potential business.
Risks are everywhere specially when you have a business or even in cryptocurrencies. It's all up to us on what to do to mitigate the risks ahead from our ventures.
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February 25, 2021, 08:29:47 AM
 #183

I don't need a Ferrari right now, so I'm not going to spend millions of dollars of cash buying something I don't need. I will use it to buy Bitcoin
if I get millions dollars of cash, because investing in Bitcoin can make me rich. To be a rich man, must be able to make the money we have can
continue to increase in number. And if we look at the price of Bitcoin, whose price continues to rise,  it means investing in Bitcoin it can indeed
make us rich.

Bitcoin has made a lot of people very rich, but I'm sure it has also made a lot of people lose money...
Similarly, you could theoretically panic and sell your bitcoin for less than you bought it... It's psychology... And the more money you have the tougher your nerves have to be! Wink

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February 25, 2021, 01:42:58 PM
 #184

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 ?

This is actually an interesting piece of question. While a lot of people are going to say that they'll invest most of the cash, they tend to forget how hard it is to actually do that. You'd realize that you need more than just having the money to actually invest, you also need the discipline to do it. Trust me, a lot of bills will prop their heads up and you'll want to satisfy them all, not to mention the fantasies you've always dreamt about.
Personally, I'd say the best thing to do is to actually invest about 70% of it so as to something to bank on later

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February 25, 2021, 03:26:21 PM
 #185

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 ?

Just as I have done with the bitcoin earnings I've made throughout the years since I "found it", I will simply keep re-investing it and using it for every day needs but if I made millions there is no question that I would do good with that kind of earnings.  Personally as an animal lover my dream is to one day open up a sanctuary that I could run and spend most of my time with.  Sure a nice car would be nice, but giving back is more my speed.

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February 25, 2021, 04:03:20 PM
 #186

Bitcoin investment is best. you have million dollar money if try to any high value of the car or anything. This not good ideas for that. You will not get any profit. If investment in the bitcoin. It help to future save and growth. Bitcoin is any time to increase the price. So it good opportunity for the investment in the bitcoin. Bitcoin is any where to use and it any time to help you.

Disagree somewhat, and completely disagree with the last comment. While I believe that investing in cars is really bad because it's a total loss of money, rather I would invest in a plot or land. But, it's so much subjective, all of us hold or invest money to get good returns, but we never keep spending as a goal which should be. If a person is happy buying a nice car, he may not gain monetary amount but surely he's going to be happy still driving the car, and after all, we are on this planet for a limited time before we die, so enjoying life is also as important than just continue to save in hope for a good return in far future Smiley
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March 01, 2021, 02:30:27 PM
 #187

I will split the investment. Im not into cars but i would invest in bitcoin and properties.
Properties increase the value the more you renovate/keep it.
It is a good decision to split the investment. Anything may happen at any time but if you split the fund into crypto (bitcoin) and properties (land/flat) then if you lose one then you may make profit or atleast there might have a chance to make profit. But when invest on an individual way then if loss, full loss.



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March 01, 2021, 03:31:00 PM
 #188

If I have millions dollars of cash, first of all, I invest 50% in my local business, 30%/40% in safe for future and other 20%/10% invest in crypto-currency. Still, I earn and invest in crypto-currency and other business.

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March 01, 2021, 04:39:48 PM
 #189

If I have millions dollars of cash, first of all, I invest 50% in my local business, 30%/40% in safe for future and other 20%/10% invest in crypto-currency. Still, I earn and invest in crypto-currency and other business.
Putting up a business is a nice decision when you have a huge of money. If I have this money having a business is my first priority in the long run it will bring good profit in return. Also investing in crypto is a wise decision as there is more opportunity to grow our fund and the lasts saving money for retirement
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March 03, 2021, 06:26:56 PM
Last edit: March 03, 2021, 07:23:54 PM by Fredomago
 #190

If I have millions dollars of cash, first of all, I invest 50% in my local business, 30%/40% in safe for future and other 20%/10% invest in crypto-currency. Still, I earn and invest in crypto-currency and other business.

Good plan, it's very important to have this kind of planning in case luck permits you and it provides you the opportunity to have this
amount of moey.

Having a good overview in what to do with your money is good, not to waste the opportunities but instead do things that will allow it to
grow, you can choose things out but make sure to keep it intact in case things really happened to you.

Putting up a business is a nice decision when you have a huge of money. If I have this money having a business is my first priority in the long run it will bring good profit in return. Also investing in crypto is a wise decision as there is more opportunity to grow our fund and the lasts saving money for retirement


Find possible passive income and let your money to work with you, best to do your research in case you got that chance to
have a very huge a mount of money. Starting a business with good knowledge about it is very nice option.

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March 03, 2021, 07:17:46 PM
 #191

do you think it's a good idea to leave your crypto in stabble coins to earn passive income  ?
ex : celsius offers a 6% APY when yu deposit your USDC.

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