Topic: choose an option - page 3. (Read 860 times)

I’d take Option C because that $480,000 worth of bitcoin will be worth millions in under 3 years (if we take the price of one bitcoin at $24,000 I am almost certain it’ll be worth over $100,000 per coin before 2026).
If Option C was unavailable I’d take Option A because $5,000 per month for 8 years would be nice.

Well that's not the case where I live. If you rent a property / house, you will have to pay any kind of damage or alternation you do while living. And when you were ready to leave, you will have to pay the required amount to fix those damage or make the house as it was previously. And here we don't provide renters with furniture or other stuffs. When you rent a place all you get is an empty house except for things that are required for the house owner to provide. That includes kitchen accessories, sink, water tap, etc. Bathroom accessories like glass, hanger, shower head and things like that. I am including those because those are minor fixes that does not require a lot of money. I have lived in four different houses. Every time I left them I paid a certain amount of money for the damage I have made. And that's all.

Also, the fact about land. Even if the house is gone, the land is still there. I don't know how do you think that it is a bad idea to invest in real estate. Even if we provide the renters with something, we can always fix or replace that thing which should not cost that much. You still have the house, you can fix it or you can rent it to other people for living there and fixing the damage on their own for a little bit of cheap rent. Both ways you win.

I don't agree with this. Everything meaningful, from cars and houses to even mobile plans have the prices calculated in EUR and converted to local currency.
So all we get is the bigger inflation. Thanks, but I prefer EUR in this case.
As I said, whether the bank gives 2% or 7%, that is still under what the inflation takes away.


Good point. But you're only partly right. Actually I thought also of choosing fiat if it would all come now into my account untouched and without taxes (and others too tried a similar rationale). And the reason is not the lack of trust in bitcoin, by far. It's that:
1. I would use some of that fiat to pay my debts first and only the rest I would convert into bitcoin. I find this easier here than getting 20 BTC and selling some of those for paying the debts.
2. Since it's a lottery win, KYC will be there anyway, so, for tax purposes it may be better to have those bitcoins bought. That afterwards I mix them before putting them into cold storage, that's another topic.
But since the money was not coming like that, the fiat options are "sub-optimal".

Well you are actually right, some of the list options will require patience since it's a long term reward, but if you are not patient enough to wait for the bull run or long term like for the A, B and also C, then other choices would be good. For me, I personally pick D, cause prices of housing here in my country is really pricey, even what kind of location the real estate located, but of course tourist spot would be expensive which is good for investment where you can open up businesses or open for rental spaces. If D is 480,000 value house/s which more than one, because with that amount I could already buy more than 10 houses here which I could open up for rental spaces. By that I could have passive income and whenever I got profit, I could just simply invest again in Bitcoin.

Among the listed those take time to matter, BTC is one of the volatile choices, and at the same time based on your choices its the lowest price of the market right now, and during this state of halving we are experiencing another bull run of this year of 2025, its good accumulate as possible. With the option, a and b takes too much time before you get your reward, with the d the real state now will depend on the location so theres no assurance that you will get a good position of the house, with the e. still good because if the business becomes a trend you can have a good cashflow with the f. im not a fan of gold it takes a lot of years before you feel your profit. So the choices here is C for geting volatile and D for the long term.

Well... When you lease your house to someone, quite often people who rent it might treat it badly. I know people, who owns a couple of houses/flats and lease them, and I was very shocked when heard from them, that they regret about investing capital into living houses. Loads of people who rent houses after they moved leave after themselves many work to do, starting from repairing basic goods in the house, finishing buying new beds, sofas, cutlery, tables etc. You may say "Sue them!", but remember that it also costs money, time, nerves, therefore it's often cheaper to buy new things into the house or repair something. And as you see, option with a house has many indirect costs, which definitely are much worse than benefits. Therefore, I believe that investments into real estate makes sense only when you buy buildings which can be leased to the businesses, because as guys has told me, businesses pay more for the rent, make renovation by their own and clearly understand that in case if they damage the building they will pay for it. But I understand your view point, it still makes sense.  

You can be happy that you (still) have your national currency, wait for your country to join the Eurozone and then things will change (not for the better, of course). I've only found one bank that gives 3% interest, all the others have below 2%, and it still seems completely pointless to keep money in bank.



And yet some members decided for some other options, and I believe that most of those who chose BTC would change their decision if someone physically presented them with $480k in cash and the option to give their BTC address and get 20 BTC. If people on the bitcointalk forum don't want 20 BTC, those who know a lot less than them certainly wouldn't even consider such an option.

That's the one I will choose. Of course, my first choice is (A) because, from what I see there, I will receive $5,000 every month. With this concept, I can handle the money fairly well because the full value of my winning prize is limited. Rather than being able to handle the money in full right away.

Because when you are the person who is not aware of financial literacy and lacks knowledge about it, you might just waste your money in no time and be like others who just spent the money on useless things. In the second choice, your future is secured when you have Bitcoin, let's say 10 bitcoins you hold for 10 years. For sure, it has a high value, and that's a big deal to us.

I am definitely going to choose option d. Here is why. If I get a house then I can rent it for passive income. And whatever I get from it, I can easily spread that money to different investment. Diversification is the key. I know it is a Bitcoin forum and people will most likely choose option c but if we look at the bigger picture, I think option d is the best one.

You are getting a passive income monthly by renting out your property/house. You can do whatever you want with that money afterward. I can invest into Bitcoin, I can invest into gold and I can invest into business. Lottery is based on luck. So that's not something I am worried about. And I'm never going to choose that. When we have a constant flow of money, we can take risks that won't be possible with other options.
Maybe I have a fu**ked up mindset, but this is how I think. When you have a roof over your head, you can achieve other things and you won't have to take that many risks. I don't know about this but you can share your opinion on this. I'm open to suggestions.

Option C please,  in the long run that 20btc will be enough to buy a value house and also start a value business.
What need to be done is to work and improve on the measures with how you store and secure such amounts of Bitcoin. Get to understand seed phrases and what would lead to your security and privacy.

20btc is something you should just hold and forget not to think about the rise and fall of the price. This is same amount lost by Drake during the last bet he lost.
A valuable business too will make you that 20btc so that will be the next option to focus on. Option E

In 2023 a lot of commercial banks in my country were giving ~7% yearly interest on local currency.
Just the inflation here is significant and the yearly interest for EUR and USD were going at 3-4%. I know it's not franky's 7%, still better than 1%.
(I will add that afterwards one has to also pay tax on gains, but I guess that it's the same everywhere).


I can't argue this rationale 


Afaik in Europe it's not unsafe to keep max 100k in a bank; of course, you will have to spread the money between multiple banks...
I think that the worse part is that the interest offered by banks is lower than what the real inflation is getting away. And knowing this plus being familiar with bitcoin... makes it indeed Bitcoin be the only viable choice.
However, if I'd be in the winner's shoes I would probably not have those multiple choices; but it's OK, I'm not picky

Quite an interesting choice, but I am more interested in choosing the fifth point, namely "owning a business worth $480,000" because this is my personal dream. Having a business is not just about profit, but by having a big business we can provide more benefits to other people, such as opening up jobs. I am very aware that currently the job market is very difficult, and I have experienced this, spending weeks looking for a job and I think that with the knowledge and relationships I have, it can make it easier for me to find a job. However, in reality "relationships" alone are not enough because in reality there are no people who really care about being able to help me, so this encourages me to be able to have a business that can not only generate profits, but the business can also provide benefits more for many people.

banks? .. you'd just leave $480k in a normal mainstreet bank account..? dannnnggg..
no, the 7% is fair interest in an investment portfolio account

and yes 20btc is best option. but as stated in my posts its too obvious people would pick that. so for those that do. give me reasons for a second option

i have read some good reasoning and many bad.

I choose option C "$480,000 in BTC"

Now let me explain why. Option-A is bad because you lock a huge money for 8 years, during this period of time real value of each $1 goes down (due to the inflation). Therefore, as a result, after 8 years I will have less purchasing power with $480k. Option-B is similar to A, you receive fiat, in each country process of getting money differs, but it doesn't change the main point, except the tax on the win you also may receive some extra attention from the media, because of the win in the lottery, what is not good for obvious reasons. Option-D also has many drawbacks, in some countries after you have sold the house you need to pay the taxes on the money that you got, and the most important - your house might cost $480k because of the bullish housing market, but when situation returns back to normal, you may loose XX% of the house value + it takes time to sell house for a good, fair price. Therefore, as you see, here is loads of work to do before you get your money. Option-E is also bad, because there is no specific info about type of business, explanation of reasons why business worth $480k, maybe it's due to raw materials that it has, which might be not liquid enough to sell them and get cash. Also business requires good management experience in the industry in which business operates (possibly you get the restaurant business, but you do not have any experience in that field and here appears a big chance of ruining the business and therefore any another option from the list makes much more sense). Option-F with the gold is also not the best, but probably second I would choose. Gold is established asset with high liquidity, but it requires some expenses related to storing it somewhere (in the bank for example), therefore you need to choose what to do. First option is to sell it, quickly get the money and start thinking what to do with it. Second option continue storing it, but with expenses, which you will not have if you choose to hold Bitcoin. That's it, I think. My option-C gives huge range of choice, you may quickly sell some/all BTC and get your dollars (by the way, you can even cash out anonymously what is difficult to do with house, gold, lottery etc.), you also may continue holding it without any expenses related to its storing. So for me option-C is definitely the best.

I'd say I chose the letter E.

480k$ value for a business is huge. It means you can also generate a good amount every month. Considering you handle/manage the business well, the earned profit can also be used in different types of investment. Whether you expand the business or build another business. Or if you are more into Bitcoin investment, gold, or even real estate, you can expand your earned profit by using it on other types of investment that can give you more in the long run.

Which bank gives even 7% annual interest? I know that interest rates in recent years have been close to 1% or even less and that keeping money in the bank just to earn something from the interest did not make any sense.

I still think that 20 BTC is a great offer at this point, because I have no doubt that it is the fastest option to double that $480k, and probably more than that.

I think all the options are good. Many people would prefer to receive in form of bitcoin, because we all know that the coming bull season can give the best profit to those who holding bitcoin,but I don't want to receive it in only one form. Instead of a house, business and gold, I would prefer btc,gold and other real estate investment.The main reason for this is that it is a big amount.With this money I can start my own business, and with a fraction of that money I can buy my house and invest in Bitcoin.

In our country this money becomes a huge value with which I can easily fulfill almost all the options mentioned by you. I will not go for the business and home option as I may not be able to handle such a large sum of money business and home, because managing such a big business and house will also require a lot of hard work and experience. I will never invest such a big amount in one place even if it is Bitcoin but try to invest it in different places.

C would be a natural choice for most, it's priced at $24k so what you would receive is actually greater than $480k at the very least. If another pick, then I'd go for B. I don't really need a house and even if the price appreciates over time, having that lump sump of $480k spread over various investment options sounds much more promising. Business, well, I have no idea how that works so hell nah. As for gold, well, it can be a third option but I'd still much rather prefer the lump sum compared to gold.

Not a good option, the company may find a reason to stop paying, may get bankrupt and fold up, cannot take that risk.

This will be better as you will be able to plan well with it and spread it over investments like a property, bitcoins and even business.

I will not want all to be invested in bitcoins, there are many needs to be sorted out so that I can be comfortable investing in bitcoins.[/b]

What is the use having a house valued at $480,000 when I will not be able to furnish it and live well in it because I do not have the money to.

This is a good choice too because there is the prospect of really getting good profit from a business that has take such an amount to set up.

Option B is for me.

My first choice will be BTC for sure but if we keep that aside I want to have number e where I will get $480,000 value business. I want to have a business at that value because I think if a business that's net worth is $480k can generate 1% of its value after omitting its expenses can provide me with $4800 monthly which I can use to buy bitcoin and gold without losing my business value. My business can grow gradually with its net worth and at the same time I can use its profit to reinvest in assets like bitcoin or gold or I can start another business.