choose an option

[franky1]

which would you prefer to receive?
a. $480,000 lottery win as payments spread over 96months(8 years) of $5k a month
b. $480,000 lottery win as payment lumpsum $480k
c. $480,000 of bitcoin at(~$24k/btc buy price recent months allocated to the donator) 20btc
d. $480,000 value house
e. $480,000 value business
f. $480,000 of gold at(~$1.8k/ounce buy price recent months allocated to the donator) 266ounce

pick one and explain your rationale..
if you pick bitcoin as first choice. also pick another and explain rationale of second choice
(im mainly looking to see people opinions/rationale on choices that are made about not option C and compared to C)

[1715078793]

1715078793

[1715078793]

1715078793

[_act_]

c. $480,000 of bitcoin at(~$24k/btc buy price recent months allocated to the donator) 20btc

This is what I will pick.

I can not choose gold because despite that it is a store of value, it is not looking more as an investment becuase of its low ROI. For business, I can wait and later establish a business for myself, but I may choose business if the ROI is high. I can not choose a house. I can not choose lottery win.

I will choose bitcoin because of the coming 5x pump that will not take more than 2 years before it would have occured. Bitcoin may even go more than 5x. That is $2.4 million before the end of 2025.

Some people may choose business.

[Fiatless]

which would you prefer to receive?
a. $480,000 lottery win as payments spread over 96months(8 years) of $5k a month
b. $480,000 lottery win as payment lumpsum $480k
c. $480,000 of bitcoin at(~$24k/btc buy price recent months allocated to the donator) 20btc
d. $480,000 value house
e. $480,000 value business
f. $480,000 of gold at(~$1.8k/ounce buy price recent months allocated to the donator) 266ounce

pick one and explain your rationale..
if you pick bitcoin as first choice. also pick another and explain rationale of second choice
(im mainly looking to see people opinions/rationale on choices that are made about not option C and compared to C)

Option A will be my best choice. With $5,000 every month I could buy bitcoin using the dollar cost average. Option C is not my best choice because buying Bitcoin using lump sum at $24,000 is riskier than option A because the price of bitcoin cannot be predicted. Option A also gives more room for a better investment plan and reduces the risk of wasting money on luxury, losing all your funds to hacks or other uncertainties.

[philipma1957]

I assume they are all tax free.

I would take 20 btc first

I would take the business second.

The business would be a mine for btc.

I am tired and the math for the mine is long.

but a 600kwatt mining box is about 40k

it burns 12 megawatts a day. or

360 megawatts a month at 30 usd a mega watt  that is 10800 a month

a two year contract is 260000

so I am in for 300000 i get to put in 180000 in gear to bring me to 480000

I can get 100th machines at 900 i can do 200 machines  so 20ph

that earns 20000 x 0.071 or 1420 a day the ½ ing comes in 180 days.

I still have 540 days of power mined.

And I would have earned over 200000 in btc.

I need to tweak which units are best. but yeah I would take a properly setup mine.

[bayu7adi]

e. $480,000 value business

I choose a business (with the understanding that it's a good business) consistently bringing in revenue for me every day. So, why didn't I opt for BTC in this choice? In a nutshell, BTC is my ultimate destination, and any business or job that generates income is my means of reaching that goal. Isn't it boring when you suddenly achieve your goal without any struggle?

Therefore, even though I chose the business first, I need to be able to save and manage to accumulate BTC in line with my target. To this day, I have a goal to possess 1 BTC, and if I were to go for BTC in the option you presented, what more would I need to do?

Moreover, I have always been curious about the business world which can lead many of the richest people in the world to reach their highest position.

[Bd officer]

which would you prefer to receive?
a. $480,000 lottery win as payments spread over 96months(8 years) of $5k a month
b. $480,000 lottery win as payment lumpsum $480k
c. $480,000 of bitcoin at(~$24k/btc buy price recent months allocated to the donator) 20btc
d. $480,000 value house
e. $480,000 value business
f. $480,000 of gold at(~$1.8k/ounce buy price recent months allocated to the donator) 266ounce

pick one and explain your rationale..
if you pick bitcoin as first choice. also pick another and explain rationale of second choice
(im mainly looking to see people opinions/rationale on choices that are made about not option C and compared to C)

Since I can choose bitcoin as first choice here and get option to take 2nd choice. For this I will choose Bitcoin as my first choice, and I will definitely choose Business as my source of income. Now if I had no source of income, and if I could not choose any other asset after choosing Bitcoin, then I would definitely take business as the first choice. Because investing in Bitcoin requires a long-term hold, business is very important to my daily life. I think to invest in bitcoin, first must have income source. If I had only one option to choose, now I would consider whether I have an income source. Now if I had an income source I would definitely choose Bitcoin.

[Don Pedro Dinero]

I'd pick:

b. $480,000 lottery win as payment lumpsum $480k

Simply because I would split the money and apart from buying bitcoin I would use it for other things. If I chose to pay in bitcoin, I would have to sell part of it to use it for other purposes.

No one who has responded so far is thinking of spending some of it on fun/enjoyment/splurging? You have to enjoy life a bit, especially when you get half a million quid.

[franky1]

Since I can choose bitcoin as first choice here and get option to take 2nd choice. For this I will choose Bitcoin as my first choice, and I will definitely choose Business as my source of income. Now if I had no source of income, and if I could not choose any other asset after choosing Bitcoin, then I would definitely take business as the first choice. Because investing in Bitcoin requires a long-term hold, business is very important to my daily life. I think to invest in bitcoin, first must have income source. If I had only one option to choose, now I would consider whether I have an income source. Now if I had an income source I would definitely choose Bitcoin.

you only get one win one option, but its about which preference.. i knew many would default choose bitcoin. but for those i wanted to know their thoughts if they chose something else INSTEAD

as to the rest. i want to see who can figure out which is the best deal of those options. i already have my own thoughts/calculations of them, but i want to see what others think about the options and their rationale/reasoning for their choice

[Gozie51]

which would you prefer to receive?
a. $480,000 lottery win as payments spread over 96months(8 years) of $5k a month
b. $480,000 lottery win as payment lumpsum $480k
c. $480,000 of bitcoin at(~$24k/btc buy price recent months allocated to the donator) 20btc

By the way you have d, e , f as a very good options too that I could point to reasons for choosing or not choosing them but let me stay with the above three even though you directed picking one and explaining why dropping the second choice over the first chosen.

Well I will pick 20 btc as first choice because it is an emerging investment asset and moreover the selling price at $24k is already a giveaway with the current price of $34,337 is also on a profit of about $10,337 which is amounting to $10,337 x 20 = $206,740 in instant profit at the point of decision and delivery. That is huge investable money already which could be used to invest or buy a house.

So the other options are good too but I prefer a lottery winning paid in installment over 96 months (8 years) of $5k each year. This is already looking like a loan and with a good plan you can gradually build the fund over the years in business rather than collecting the bulk sum of $480,000 at once that could be "lavished" back in gambling or lottery. So if you have $5,000 in installment per year, you can redirect your investment to another area of business by the next installment if the previous investment or business is failing.

[Charles-Tim]

you only get one win one option, but its about which preference.. i knew many would default choose bitcoin. but for those i wanted to know their thoughts if they chose something else INSTEAD

Most people will either choose bitcoin first or business if they know the business already and know how profitable it can be to have such business. The third that can be choosen is house which can be considered as real estate. Not advisable to choose anything related to fiat, but some people may prefer fiat lumpsum payment of the total amount because they think they can build a house from it, buy bitcoin from it and have a business from it. But if paid in bitcoin, you can convert some to fiat to have all those.

[Winterfrost]

I would pick option B because with it I can get all other options with at least an interval of 1year.

With $480k lumpsum at once into my account. I can use half of the money to accumulate Bitcoin with a DCA strategy since am more passionate about holding more Bitcoins. And the other half of the money will be use to run and operate the suitable business ideas I have in mind. Not only that 30% of my profit every month will be added to my Bitcoin accumulation pattern. 45% back to the business and the remaining 20% for my personal use. Since if I have high interest in Bitcoin, accepting Option c would not benefit me because I love to hold for long. Also I have gained knowledge and had experiences that am sure with the $480k lumpsum I will have a very large amount of Bitcoin in a decade. Am certain of that.

[sunsilk]

which would you prefer to receive?
d. $480,000 value house

This is what I am thinking honestly. I get a house where I don't have to rent and the value is on it and then it appreciates over time. And if I won't live on that house, I'll have it rented and then I get passive income on it monthly.

But IMO this choice is better for my condition as of now:

a. $480,000 lottery win as payments spread over 96months(8 years) of $5k a month

On these days of uncertainty, it's best to have a stable cash flow like I'll receive this amount every month for 8 years. I can imagine my life that I don't have to get stressed out living and working very hard for 8 straight years.

I can use the time that I've got from those years into doing something else which could be another source of income or hobby or passion that I want to.

[Despairo]

Based on my experiences:

a and b would be charge high tax.
c, d, and f are similar, but the difference c is not a physical asset while d and f are physical assets.
e, it's more flexible regardless you're want to use it as a real business or fake business where you use for tax avoidance.

Since I'm not really rich, I choose option c (Bitcoin) since I'm a Bitcoin enthusiast and has more knowledge in this asset, the next is f (Gold) since it's more easier to sell than d (House). I will keep it at least for a year so it will be consider as long term asset where the tax is 0%

[bluebit25]

Well I will choose ''b'', because that reward I think will need to belong to me immediately and most likely I will also deduct half of the money to invest in bitcoin.

Another option that I think would be similar would be to choose ''c'', which would also sell half the bitcoin to fiat.

[franky1]

ok there have been a few responses. so lets dig in

lets take the 2 lottery options (tax free)
do people realise if a doner keeps the $480k nest-egg and just drip feeds out $5k a month. that doner can put that $480k into a specialist account offering 7% savings interest. which means although the receiver gets just $480k after 8 years.. the principle lump has not gone to zero. the doner get to keep $150k

if however the receiver gts $480k lottery upfront and then puts it in a specialist account offering 7% interest. the receiver, if they only withdraw $2.6k a month. will still have $480k in the account at the 8th year. thanks to interest. or if they withdrew $5k a month. they would still have $150k at the 8th year in the account

obviously taking the lump and instantly buying bitcoin wont net you 20btc at todays prices. but you may be lucky if you dont touch the lump sum and wait for a small chance of a bitcoin price crash below $24k to buy more then 20btc..
and obviously DCA'ing the interest wont net you much btc per year

..
as for bitcoin yes 20btc at todays prices is a auto-win of an extra $200k ($680k instant sell today) but also looking at bitcoin historic prices. bitcoin is still at a low compared to history of ATH. meaning there is still upside into hoarding and waiting for a multiple
..
as for business. although the business is valued to $480k, there is no guarantee the business will receive $480k in pure profit in the next X years.
with building leases, employee salaries, product costs. its not a simple profit creating system of guaranteed success
those who suggested taking a business and then using profits to DCA bitcoin. will not net you 20btc due to how long you are DCAing and the bitcoin price increasing meaning even if you got $200k post-tax profit each year at ~$33,333 btc. you only get 6btc this year. and next year get less than 6btc, and following year less again.. so never achieving 20btc.
..
as for housing
with all the legal costs of transfer and taxes of gains. and also then land/stat tax on the property. and repairs and maintenance. you better hope that the neighbourhoods market of 'comps' grows to allow you to in the future sell for a profit to cover the ongoing costs initially being paid

..
as for gold. gold is at its ALL HISTORY ATH meaning there is more scope/chance of a drop from peak. rather than multiply higher/further
and i also gave some upside wiggle room by saying 1800 buy price months ago. meaning the instant you take gold 266 at $2k would get you $532k if sold instantly. however still not as good as bitcoin which is a instant $680k sell win. but if hoarded has more change of multiplying up even higher/further

[DrBeer]

which would you prefer to receive?
a. $480,000 lottery win as payments spread over 96months(8 years) of $5k a month
b. $480,000 lottery win as payment lumpsum $480k
c. $480,000 of bitcoin at(~$24k/btc buy price recent months allocated to the donator) 20btc
d. $480,000 value house
e. $480,000 value business
f. $480,000 of gold at(~$1.8k/ounce buy price recent months allocated to the donator) 266ounce

pick one and explain your rationale..
if you pick bitcoin as first choice. also pick another and explain rationale of second choice
(im mainly looking to see people opinions/rationale on choices that are made about not option C and compared to C)

Would prioritize the business first, i.e., item "e. $480,000 value business."
Why? Because this is the instrument you can influence, and you don't have to rely on fate and pumps, unlike other items where the idea revolves around "must go up in price"
But the profit - it can be invested in various assets.

Options
a. $480,000 lottery win as payments spread over 96months(8 years) of $5k a month
b. $480,000 lottery win as payment lumpsum of $480k
As far as I'm concerned, they are better suited for people in retirement, when they can't manage their business and need a guaranteed income.

[rachael9385]

which would you prefer to receive?
a. $480,000 lottery win as payments spread over 96months(8 years) of $5k a month

I choose this because I believe that with the 5k given to me every month I can freely invest $1500k in Bitcoin every month and besides $5k is 3,944,650.00 naira, so with this I can go far and achieve what I wanted in life.

e. $480,000 value business

I consider this other option because it's also a good means of making more money, although it's risky but still it might also be of good luck because there are some business that can give more money than another thing just like building a petrol station in a good environment or a pottery business.

[komisariatku]

b. $480,000 lottery win as payment lumpsum $480k

I will choose option b, In this option I will receive the full $480k. I will share the money for living needs, buying a house, buying a new car, starting a business, and of course investing (bitcoin) and buying several plots of land.

I don't know if in other countries $480k is big or not. But in my country $480k is a lot of money that I can use for all the things I mentioned above

[bitnote]

I will choose.
e. $480,000 value business: that will generated more money than bitcoin in 8 years. or maybe double my $480,000 in 1-2 years from which I can Buy bitcoin.
and c. $480,000 of bitcoin at(~$24k/btc buy price recent months allocated to the donator) 20btc.

[passwordnow]

Would prioritize the business first, i.e., item "e. $480,000 value business."
Why? Because this is the instrument you can influence, and you don't have to rely on fate and pumps, unlike other items where the idea revolves around "must go up in price"
But the profit - it can be invested in various assets.

That's my choice too. Having that valuation of a business means that business is quite big already. And that also means that it's operational and you get cost and expenses and revenue as well. Having that said, I'm able to help people that are working for that business if it means to be their boss if that's the option that I'll have to choose. All options are actually good but we have different point of view towards these matters. Some may just want to choose get that passive money for all of that 8 years but having a business that you'll get to grow could be there for the rest of our lives and not just your family will get better but also the employees that will be loyal and hardworking to that business. It is such a great feeling when you've got a successful business and you are with those people that have helped you get to the top and stayed with you through thick and thin.