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Topic: I want to lock $1 million. (Read 681 times)

Thanasis
hero member
Activity: 1820
Merit: 515
★777Coin.com★ Fun BTC Casino
I want to lock $1 million.
July 12, 2019, 04:23:50 AM
#68
Quote from: Xingwat on July 06, 2019, 05:31:55 PM
Hello,

I have made $2 million with trading cryptocurrencies and I'm afraid of losing it all so I want to lock half of my money somewhere. Even if I get sick or die, I should NOT be able to withdraw that money. Is there an investment plan like this? Lock for 5 years etc?

Bank cd wouldn't work for me because you can still withdraw that money with penalty.
Cryptocurrencies art decentralized so you have the full control over your funds and that is the advantage of it so you need to build the potential to hold it until you want it may be five years are five months. I don't think any legit investments related to the the locking your funds and most of this kind are ponzi scams.
What is the better option for you is just convert those into ew Bitcoins then move those content to a new wallet which holds the only amount you want to hold and then just hold it or lock it for 5 years.
breathlessz
member
Activity: 770
Merit: 12
Trphy.io
Re: I want to lock $1 million.
July 12, 2019, 02:42:27 AM
#67
Quote from: Lanatsa on July 11, 2019, 07:40:41 PM
Quote from: Dreamchaser21 on July 11, 2019, 07:37:41 PM
Quote from: iamaruf on July 11, 2019, 04:06:37 AM
Quote from: Furious 7 on July 06, 2019, 07:03:30 PM
So far I have not heard it. your case is very unique and sounds weird.
why do you lock your assets, everyone wants to enjoy their success.
the best way is to buy real assets, such as land and houses.
also he enjoying his success. but told that he want to lock half of his crypto thats mean 1M$ and others 1M$ he want to spent.Maybe there is some reason.Maybe he is thinking if he locked That money after 5 year it can be 2x or 5x etc.
Most probably yes, he's doing that for a reason and he's too confident about the future price of cryptocurrency he's holding for. That's a lot of money and its too risky to hold that online, its better if the OP finds someone who can help him to secure that money for a long time. In my place, if you have that kind of money you can buy anything and of course you can make a lot of business.
Not that much specially on first world countries.You can do this on 3rd world ones on building out business which this one can give

you lots of opportunities to make with this amount converted on other currencies knowing $1M is already a big amount but talking about on where it should be locked in terms of crypto currency then I would definitely go with Bitcoin no doubt.
with that much money indeed by investing in bitcoin it can provide a more certain profit than other altcoins. we know bitcoin is the safest coin on cryptocurrency. but if I may add, ethereum is also good for long-term investment. I think both are coins that are worth investing
iamaruf
sr. member
Activity: 1064
Merit: 265
Vave.com - Crypto Casino
Re: I want to lock $1 million.
July 11, 2019, 04:06:37 AM
#62
Quote from: Furious 7 on July 06, 2019, 07:03:30 PM
So far I have not heard it. your case is very unique and sounds weird.
why do you lock your assets, everyone wants to enjoy their success.
the best way is to buy real assets, such as land and houses.
also he enjoying his success. but told that he want to lock half of his crypto thats mean 1M$ and others 1M$ he want to spent.Maybe there is some reason.Maybe he is thinking if he locked That money after 5 year it can be 2x or 5x etc.
Homorton
newbie
Activity: 126
Merit: 0
Re: I want to lock $1 million.
July 10, 2019, 04:33:54 PM
#61
Quote from: werokez on July 10, 2019, 04:31:21 PM
Quote from: Homorton on July 10, 2019, 04:28:21 PM
Quote from: werokez on July 10, 2019, 04:24:55 PM
Quote from: Homorton on July 10, 2019, 04:18:40 PM
Quote from: werokez on July 10, 2019, 04:15:18 PM
Quote from: Homorton on July 10, 2019, 04:11:44 PM
Quote from: werokez on July 10, 2019, 04:08:00 PM
The best way is to invest in smth through blockchain investing projects
Like real estate?

Not only, even in collectible assets like luxurious cars
Do you mean curio from blockbattle?
Oh, you also watched? Yes, I play now their game to win tokens
Wow, share a link please

https://www.curioinvest.com/game

Thx
werokez
newbie
Activity: 140
Merit: 0
Re: I want to lock $1 million.
July 10, 2019, 04:31:21 PM
#60
Quote from: Homorton on July 10, 2019, 04:28:21 PM
Quote from: werokez on July 10, 2019, 04:24:55 PM
Quote from: Homorton on July 10, 2019, 04:18:40 PM
Quote from: werokez on July 10, 2019, 04:15:18 PM
Quote from: Homorton on July 10, 2019, 04:11:44 PM
Quote from: werokez on July 10, 2019, 04:08:00 PM
The best way is to invest in smth through blockchain investing projects
Like real estate?

Not only, even in collectible assets like luxurious cars
Do you mean curio from blockbattle?
Oh, you also watched? Yes, I play now their game to win tokens
Wow, share a link please

https://www.curioinvest.com/game
Homorton
newbie
Activity: 126
Merit: 0
Re: I want to lock $1 million.
July 10, 2019, 04:28:21 PM
#59
Quote from: werokez on July 10, 2019, 04:24:55 PM
Quote from: Homorton on July 10, 2019, 04:18:40 PM
Quote from: werokez on July 10, 2019, 04:15:18 PM
Quote from: Homorton on July 10, 2019, 04:11:44 PM
Quote from: werokez on July 10, 2019, 04:08:00 PM
The best way is to invest in smth through blockchain investing projects
Like real estate?

Not only, even in collectible assets like luxurious cars
Do you mean curio from blockbattle?
Oh, you also watched? Yes, I play now their game to win tokens
Wow, share a link please
werokez
newbie
Activity: 140
Merit: 0
Re: I want to lock $1 million.
July 10, 2019, 04:24:55 PM
#58
Quote from: Homorton on July 10, 2019, 04:18:40 PM
Quote from: werokez on July 10, 2019, 04:15:18 PM
Quote from: Homorton on July 10, 2019, 04:11:44 PM
Quote from: werokez on July 10, 2019, 04:08:00 PM
The best way is to invest in smth through blockchain investing projects
Like real estate?

Not only, even in collectible assets like luxurious cars
Do you mean curio from blockbattle?
Oh, you also watched? Yes, I play now their game to win tokens
Homorton
newbie
Activity: 126
Merit: 0
Re: I want to lock $1 million.
July 10, 2019, 04:18:40 PM
#57
Quote from: werokez on July 10, 2019, 04:15:18 PM
Quote from: Homorton on July 10, 2019, 04:11:44 PM
Quote from: werokez on July 10, 2019, 04:08:00 PM
The best way is to invest in smth through blockchain investing projects
Like real estate?

Not only, even in collectible assets like luxurious cars
Do you mean curio from blockbattle?
werokez
newbie
Activity: 140
Merit: 0
Re: I want to lock $1 million.
July 10, 2019, 04:15:18 PM
#56
Quote from: Homorton on July 10, 2019, 04:11:44 PM
Quote from: werokez on July 10, 2019, 04:08:00 PM
The best way is to invest in smth through blockchain investing projects
Like real estate?

Not only, even in collectible assets like luxurious cars
Homorton
newbie
Activity: 126
Merit: 0
Re: I want to lock $1 million.
July 10, 2019, 04:11:44 PM
#55
Quote from: werokez on July 10, 2019, 04:08:00 PM
The best way is to invest in smth through blockchain investing projects
Like real estate?
werokez
newbie
Activity: 140
Merit: 0
Re: I want to lock $1 million.
July 10, 2019, 04:08:00 PM
#54
The best way is to invest in smth through blockchain investing projects
ice18
hero member
Activity: 2492
Merit: 542
Re: I want to lock $1 million.
July 10, 2019, 03:41:39 AM
#53
That was huge amount of money you want to lock, I assume you are still holding your money in crypto right? My suggestion is invest your money in something like a property like real estate you can see some people selling real estate properties that accepts bitcoin or if you want to convert it into cash without third party involve like banks you can start an online business on your location selling bitcoin in exchange for cash.
AlaDyn172
brand new
Activity: 0
Merit: 0
Re: I want to lock $1 million.
July 09, 2019, 10:35:08 AM
#48
teach me how to make 2kk? Crazy guy

fullhdpixel
hero member
Activity: 2828
Merit: 611
Re: I want to lock $1 million.
July 13, 2019, 03:06:24 AM
#47
Quote from: iamaruf on July 11, 2019, 04:06:37 AM
Quote from: Furious 7 on July 06, 2019, 07:03:30 PM
So far I have not heard it. your case is very unique and sounds weird.
why do you lock your assets, everyone wants to enjoy their success.
the best way is to buy real assets, such as land and houses.
also he enjoying his success. but told that he want to lock half of his crypto thats mean 1M$ and others 1M$ he want to spent.Maybe there is some reason.Maybe he is thinking if he locked That money after 5 year it can be 2x or 5x etc.
Which I think would be the right thing for him to do, because if he fails to manage the wealth very well, it would just fly away and would be wondering what he did with 2 million dollars, the best way to successfully manage it is just to lock it, but the aspect of locking, I would really advise him to just use it as investment instead.

Since he has another part that is 1 million dollars, he can still use part of it to reinvest in cryptocurrency, then maybe spend the rest on whatever makes him happy but he needs to still guide the remaining half jealously in case something happens along the line that made him not to manage the other half well, and moreover, he needs to save for the future, if he locks it in the bank, anything could happen to currency and render the money useless, so best bet. Investment all the way.
Goodvalony
member
Activity: 616
Merit: 16
Re: I want to lock $1 million.
July 12, 2019, 07:37:49 AM
#46
i sugguest you move some of your funds into staking projects to earn more money. Proof of stake is a means by which we earn more tokens without be affected by the bear or bull market. i think that will help you to grow your money instead of storing it somewhere without use.
olamidey
full member
Activity: 798
Merit: 104
Buy, sell and store real cryptocurrencies
Re: I want to lock $1 million.
July 12, 2019, 06:41:18 AM
#45
Quote from: elda34b on July 07, 2019, 12:15:01 AM
The only viable option is the time-lock. You can't use fiat for this because you'll need to trust 3rd party to hold your funds, and it's quite possible that after 5 years it will be difficult to claim it back. With time-lock, you don't have to trust anyone except the code itself.

With fiat, you'll always get the urge to claim it back, while at the same time if you destroy the proof that you own that money will not be effective as it could prevent you from claiming it back. Bitcoin is the key here.

Great response. Still don't understand the need to lock up your funds. They're yours anyway. The time-lock works well though there will be crazy urge to access it. You can use crypto - BTC for this. A major thing to keep in mind is security if the wallet and it's access details. A paper wallet in this case may prove to be very useful. Just don't loose the details. If not, you'll join the list of those who have BTC but can't access it .
Krislaw
sr. member
Activity: 1204
Merit: 388
Re: I want to lock $1 million.
July 12, 2019, 02:37:48 AM
#44
Quote from: werokez on July 10, 2019, 04:31:21 PM
~
You are make pyramid to pyramid

Quote from: Homorton on July 10, 2019, 04:33:54 PM
Thx
yeah, for what?

Quote from: Xingwat on July 06, 2019, 05:31:55 PM
~
You don't give what cryptocurrency you has been got 2 million and want to lock it 1 million, The best thing to invest to Bitcoin only and lock it into cold wallet forever.
Lanatsa
hero member
Activity: 2954
Merit: 683
Re: I want to lock $1 million.
July 11, 2019, 07:40:41 PM
#43
Quote from: Dreamchaser21 on July 11, 2019, 07:37:41 PM
Quote from: iamaruf on July 11, 2019, 04:06:37 AM
Quote from: Furious 7 on July 06, 2019, 07:03:30 PM
So far I have not heard it. your case is very unique and sounds weird.
why do you lock your assets, everyone wants to enjoy their success.
the best way is to buy real assets, such as land and houses.
also he enjoying his success. but told that he want to lock half of his crypto thats mean 1M$ and others 1M$ he want to spent.Maybe there is some reason.Maybe he is thinking if he locked That money after 5 year it can be 2x or 5x etc.
Most probably yes, he's doing that for a reason and he's too confident about the future price of cryptocurrency he's holding for. That's a lot of money and its too risky to hold that online, its better if the OP finds someone who can help him to secure that money for a long time. In my place, if you have that kind of money you can buy anything and of course you can make a lot of business.
Not that much specially on first world countries.You can do this on 3rd world ones on building out business which this one can give

you lots of opportunities to make with this amount converted on other currencies knowing $1M is already a big amount but talking about on where it should be locked in terms of crypto currency then I would definitely go with Bitcoin no doubt.
Dreamchaser21
full member
Activity: 686
Merit: 108
Re: I want to lock $1 million.
July 11, 2019, 07:37:41 PM
#42
Quote from: iamaruf on July 11, 2019, 04:06:37 AM
Quote from: Furious 7 on July 06, 2019, 07:03:30 PM
So far I have not heard it. your case is very unique and sounds weird.
why do you lock your assets, everyone wants to enjoy their success.
the best way is to buy real assets, such as land and houses.
also he enjoying his success. but told that he want to lock half of his crypto thats mean 1M$ and others 1M$ he want to spent.Maybe there is some reason.Maybe he is thinking if he locked That money after 5 year it can be 2x or 5x etc.
Most probably yes, he's doing that for a reason and he's too confident about the future price of cryptocurrency he's holding for. That's a lot of money and its too risky to hold that online, its better if the OP finds someone who can help him to secure that money for a long time. In my place, if you have that kind of money you can buy anything and of course you can make a lot of business.
Kasabus
hero member
Activity: 2814
Merit: 576
Re: I want to lock $1 million.
July 11, 2019, 06:54:10 PM
#41
If you want to lock that money, don't put it in an investment as investment does not guarantee you profit.
The best way to ensure you still have that $1 million usd after the time period you stated is put it in a bank for time deposit, I know you have already mentioned that in the OP but I don't see any option that best suit in your situation. Try to make an arrangement with the bank for that long term deposit and just be more discipline not to touch it over an agreed period, I know you can as you are smart to be able to make that huge profit.
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