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Author Topic: Up $175k on stake. Would like to spend/treat myself with BTC direct...any ideas?  (Read 146 times)
Davidvictorson
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September 19, 2021, 06:38:18 PM
 #21

I would keep most of it in Bitcoin in hopes that Bitcoin continues to rise in a couple of years you could be holding on to more than 500k worth in usd. If you are not in a rush and you do not know what to spend it on I say taking the risk of holding it for better returns would be the responsible thing to do instead of wasting it on watches and luxury items. You are in a better position than 99% of people and I think it would be best to try and secure your wealth for your lifetime.

I'd take this advice. It's good to spoil yourself but first ensure that you spend only a tiny fraction on luxury items and more of it in crypto or other assets. The value of luxury items depreciates over time when compared to Bitcoin.

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thundercatshoo (OP)
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September 19, 2021, 06:55:46 PM
 #22

The good news is I have 5 BTC with 0 USD of my money left invested by cashing out what I did. I get to enjoy a few things now as a reward for lucky gambling + being invested for years in BTC.

Even if BTC is worth 1mil coin in the future, 5million vs 6-7million is not a huge difference for a normal person, still a fuck ton of money. Don't forget to enjoy yourself in the present a little bit everyone.
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September 19, 2021, 07:27:11 PM
 #23

Go on a trip. You can can pay with BTC here: cheapair.com
Buy precious metals. Most online sellers accept BTC.

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September 20, 2021, 05:03:44 AM
 #24

I decided to cash out 100k and just have it sit in my account in case of emergency, etc.

I bought a car from Japan, that is being shipped over to the USA.

And I will sit on my even 5.0 BTC for the next 5-10 years before selling anymore Smiley

What kind of car?! You can't tease us all like this.

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September 20, 2021, 07:58:54 AM
 #25

I decided to cash out 100k and just have it sit in my account in case of emergency, etc.

I bought a car from Japan, that is being shipped over to the USA.

And I will sit on my even 5.0 BTC for the next 5-10 years before selling anymore Smiley
That's likely selling bitcoin from $100k-$1M of each of it. Good deal.

Enjoy your car, your cash and holding.



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