Topic: If You Won A Million Dollars.. How Much Bitcoin Would You Buy? (Read 11334 times)
I'll make myself a whale and buy an exchange. Wait for btc price increase, that will increase my fiat even further.
January 25, 2016, 12:21:15 PM
Well, very good question. 
I really believe in vision behind BTC and like idea about financial freedom, anonymity etc. but still bitcoin is not mainstream and its value is unstable.
If I Won A Million Dollars I will surely invest again some funds in BTC but surely not everything, maybe 10-20 %.
I can like some vision but will not risk everything for it, my life, financial security etc.
I really believe in vision behind BTC and like idea about financial freedom, anonymity etc. but still bitcoin is not mainstream and its value is unstable.
If I Won A Million Dollars I will surely invest again some funds in BTC but surely not everything, maybe 10-20 %.
I can like some vision but will not risk everything for it, my life, financial security etc.
January 25, 2016, 12:14:01 PM
If I still not know about bitcoin, I will invest my dollar for gold and property.
But since I know about bitcoin, I just spend about 10% for BTC ( they still need to be a quite stable investment )
But since I know about bitcoin, I just spend about 10% for BTC ( they still need to be a quite stable investment )
January 25, 2016, 12:04:39 PM
In case I would win such amount, I would first make it to fiat and withdraw 50% to my bank for my personal spendings. The rest would be just there to gamble more and win more, jut making sure I do not get addicted.
January 25, 2016, 10:28:34 AM
If ever i won, i will not buy bitcoins, i will buy mining gear to mine bitcoins, invest in renewable energy..live simple and bank the rest
January 25, 2016, 10:21:07 AM
If I won a million dollars I would invest 30% on Bitcoin as it is a good currency with a huge future a head.
Because I think Bitcoin will go up in range and its get bigger everyday.
Because I think Bitcoin will go up in range and its get bigger everyday.
January 25, 2016, 07:27:52 AM
Maybe a third of the remaining money will go to bitcoin, a third to other investments like mutual funds, insurance or real estate. The other third will go for my daily expenses. I need this so I can maintain a good life while waiting for my investment's returns.
January 25, 2016, 07:21:26 AM
I am a poor man, but actually I don't need too much money to be happy; if this moment I were able to get one million, perhaps I would have my future guaranteed and I would need to invest no longer on bitcoins or any other option.
A very good plan to do for everyone. But for my self if I get 1000 Dollars, I will practice the 2.5 percent for the poor one around me. After that I will buy bitcoin than 35 percent of the money that I got .
January 25, 2016, 06:48:33 AM
dang that is tough cause I would want to invest in many things
but think I would just about 20k in bitcoin then put things in other
areas and diversify to be safe
but think I would just about 20k in bitcoin then put things in other
areas and diversify to be safe
Buy btc with the 100k and another 50k on some altcoins like ETH. 300k for the house then invest the others in realty, franchising, etc. We all need to diversify our investments. Some of my earnings will be pledged to support a charity
looks like i am not alone, and most people will buy a house first like me
a million dollar is a dream and it is going to fix a lot of problems and debts. but after that i will put a huge portion of the remainder in bitcoin.
January 25, 2016, 06:10:56 AM
dang that is tough cause I would want to invest in many things
but think I would just about 20k in bitcoin then put things in other
areas and diversify to be safe
but think I would just about 20k in bitcoin then put things in other
areas and diversify to be safe
Buy btc with the 100k and another 50k on some altcoins like ETH. 300k for the house then invest the others in realty, franchising, etc. We all need to diversify our investments. Some of my earnings will be pledged to support a charity
January 25, 2016, 05:08:12 AM
dang that is tough cause I would want to invest in many things
but think I would just about 20k in bitcoin then put things in other
areas and diversify to be safe
but think I would just about 20k in bitcoin then put things in other
areas and diversify to be safe
January 25, 2016, 04:05:28 AM
I am a poor man, but actually I don't need too much money to be happy; if this moment I were able to get one million, perhaps I would have my future guaranteed and I would need to invest no longer on bitcoins or any other option.
January 25, 2016, 02:21:25 AM
i would buy property to rent out and some of the rest buy some coin and invest to make more of it, sell it and some i'll keep in storage for the future, thinking like keeping some in storage to build up in time and pass it to my kids for herritage tax reasons, because i think herritage tax is pure theft by the goverment. paying tax on already taxed money is theft.
investment or start a research compagny in naturefriendly science and tech and education would be a thing i do too. we realy need to put those oil and gas- gmo-, global industry-, banking- and religion barons on their place and frack em... look what they do to our beautifull planet.... we realy need to hack the planet back
so if you have the means to do so... do it, think of those who'll be living here after you.
investment or start a research compagny in naturefriendly science and tech and education would be a thing i do too. we realy need to put those oil and gas- gmo-, global industry-, banking- and religion barons on their place and frack em... look what they do to our beautifull planet.... we realy need to hack the planet back
so if you have the means to do so... do it, think of those who'll be living here after you.
I like the way you think. You seem to have a firm grasp on reality.
Also, never spend more than 7-10% of your net worth on any risky investment (like Bitcoin) with the potential to drop to zero value. Unless you're going to live in it, you should never invest more than 40-50% of your net worth in real estate. Real estate can go down in value but will always be worth something.
Look at those houses in detroit.
If I won 50k, I'd put it all in bitcoin. All in.
But if I won 1 million, I probably would still put 50k in bitcoin. No more than 100k, anyway.
How much you risk shouldn't just be a simple % of wealth. It should also depend on how much you have, and your earning ability.
January 25, 2016, 01:24:29 AM
Lets say you won the lottery..
You've just received a million dollars and are ready to do something with your new found money.
You have no CC debt to pay off and have an average mortgage for a working class citizen - maybe you have around $150,000 left to pay off for your house.
You're free to spend as you wish. And invest if you wish.
Would you buy a heap load of bitcoin to sit on?
If so.. how much?
its a dream,have a milion dollar just dream for now,but its possible when i won lottery You've just received a million dollars and are ready to do something with your new found money.
You have no CC debt to pay off and have an average mortgage for a working class citizen - maybe you have around $150,000 left to pay off for your house.
You're free to spend as you wish. And invest if you wish.
Would you buy a heap load of bitcoin to sit on?
If so.. how much?
and i am will buy 100BTC to fill my wallet,not too much,because i am still worry for the price movement 
January 25, 2016, 12:29:51 AM
if i win a million first i would buy a house bcause house is also a investment for a future, thinking to build a new business and maybe the others money i will be invest it..i have have extra money ill go holiday with family..
but its all just a wishes that seems not coming true
but its all just a wishes that seems not coming true
January 24, 2016, 11:42:37 PM
If i won a million dollars i will buy a big house for my family, buying all high end gaming utilities and gambling everyday using my money. because i addict to gaming and gambling.
buying a house is good and buying all high end things you want is also good, but gambling, I think its off. it will pull everything.
I will definitely sit on bitcoin that i bought after buying what I need. who knows, price might rise very high..
January 24, 2016, 06:12:30 PM
If i won a million dollars i will buy a big house for my family, buying all high end gaming utilities and gambling everyday using my money. because i addict to gaming and gambling.
January 24, 2016, 04:57:48 PM
If I really win 1 Million Dollars I will not buy Bitcoin at all as I am buying and will buy Bitcoin just to have money.If I already have then will invest that money in different parts and will pay attention to grow my business well.
great point!
January 24, 2016, 04:41:33 PM
If I won 1,000,000 dollars, I would invest only 5% in bitcoin because of the scaling dispute & brawl.
January 24, 2016, 04:25:29 PM
If i won a million dollars i would buy 200 bitcoin, 100 bitcoin for long term investment and 100 bitcoin for short term investment or trading, i can make much bitcoin or money by trading bitcoin to the fiat or opposite, and the other money i would build my own startup and buy everything i want
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