Topic: If You Won A Million Dollars.. How Much Bitcoin Would You Buy? - page 14. (Read 11328 times)
December 12, 2015, 05:27:31 PM
That is a nice thought experiment i'm not sure i would do what i think here and now but after paying off the home and investing in gold and few precious metals i'd invest around 50% in bitcoin when i felt the time was right. I would say from $1,000,000 i'd invest maybe $250,000 into bitcoin and $50,000 into the silver bitcoin.
December 12, 2015, 05:19:58 PM
I would use it all to buy Bitcoin 
wouldn't tell my wife either 
wouldn't tell my wife either December 12, 2015, 05:17:03 PM
Buy 800 BTC, pay off debts, start a bitcoin company or mining operation, save the rest.
December 12, 2015, 04:27:35 PM
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?
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?
Maybe 20%-30%. Now its 1. Food 2. Medicine 3. Rent, bills etc. Now im working in foundation... I dont get money for that.
December 12, 2015, 03:01:59 PM
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?
oh nice dream,i hope sometime 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 would buy 10BTC,its enough for me,because i'm sure,bitcoin price will rise some day,and reach $1000 again.
December 12, 2015, 02:43:10 PM
When I win such like amount, I will first be able to remove the 10% and give it to the local church that I attend as part of tithe. I will then take a 10% of the remaining amount and do use it to pay my dues and bills,. The remaining amount i will be able to use it for buying, selling and even mining the coins. I value the coins a lot since they always give me a higher return than any other business. I will not spend less but more and more so as to gain more. Trading is what I do.
December 12, 2015, 02:33:57 PM
I'll spend 50% on bitcoins and spend that 25% on bitcoins on making a casino and advertising it and the next 25% just waiting for the price to rise
December 12, 2015, 02:32:42 PM
If that happens that I win a million dollars in one night I will just buy 250K dollars worth of bitcoin of 300K.
With that I will just hold it for a long time that the price increase. Of course I will watch if the bitcoin price is good to buy.
With that I will just hold it for a long time that the price increase. Of course I will watch if the bitcoin price is good to buy.
December 12, 2015, 02:04:03 PM
At least 200k would go into bitcoin. Obviously I would wait to become the price lower.I think the 370 area is a good moment to buy.
The rest of my money would go to some real estate and offcourse other investments.
The rest of my money would go to some real estate and offcourse other investments.
December 12, 2015, 01:57:29 PM
F bitcoins, I got a million dollars!
this is one of the reason why bitcoin is not adopted yet, this is the common thinking of the average joe
i hope they will change their mind in the future and see bitcoin as a real money instead
December 12, 2015, 01:51:32 PM
$100,000 on traveling until I was super bored of it. $500,000 on real estate. $100,000 stays in cash for those little incidentals. The rest goes on bitcoins.
December 12, 2015, 01:45:25 PM
I'd invest $900k in bitcoin. Rest would be trading money 
December 12, 2015, 01:44:35 PM
If I won a million dollars, I'll buy/build my dream house and lot first. Then half of the remaining amount will go to setting up and running a charity to help my people around me and also all over our country. The rest will go to bitcoin, I'll buy bitcoin as much as I can with the remaining amount hoping to double my investment in the next few years. I believe on bitcoin
December 12, 2015, 01:33:10 PM
I would put $790,000 into btc, bury $200,000 stash of gold somewhere, then travel all over the world, not giving a fuck, cashing out into whatever the local currency is as needed.
December 12, 2015, 01:09:49 PM
20%
Same % of any other big win until the million digit.
I suspect that BTC will be more lucrative, but of course other investments will be safer
Same % of any other big win until the million digit.
I suspect that BTC will be more lucrative, but of course other investments will be safer
December 12, 2015, 01:07:10 PM
I gather this is a million dollars clear after any taxes, correct? Otherwise, everyone's forgetting about the dreaded taxes. I wouldn't like to be like Richard Hatch and forget this important consideration.
I would assume that the million is after taxes.If I won a million dollars, after taxes, I would set aside ~$500k for a house and a car, not necessarily anything too fancy, but a decent house in a decent place. I would take ~$30k for Bitcoin investments, and shuffle $400k into various savings accounts, education debt payments, and other similar things.
I'd use the remaining $70k for leisure money, spread it out over multiple years.
December 12, 2015, 01:00:18 PM
Yes, definitely! How much I really dont know, i would not spent it all on bitcoins for sure, but I will buy enough to have for gambling, spending and for sure something to have in some paper wallet that will wait future to come. But this is something that I can just dream to happen, for me luck is not an option for everything I need to work, work, work, work...
December 12, 2015, 12:54:23 PM
I gather this is a million dollars clear after any taxes, correct? Otherwise, everyone's forgetting about the dreaded taxes. I wouldn't want to be like Richard Hatch and forget this important consideration.
December 12, 2015, 12:54:15 PM
I would invest in more solar panels and start a semi-large scale mining operation, I think that would get me the best ROI.
I would probably also just buy some more Bitcoin with the money I have left.
I would probably also just buy some more Bitcoin with the money I have left.
December 12, 2015, 12:52:00 PM
I'd buy 50 btc but no more. The rest I'd use to pay off my house, and some would go into the stock market.
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