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Topic: What have you done with your $1200? - page 2. (Read 468 times)

newbie
Activity: 28
Merit: 0
May 20, 2020, 07:01:45 PM
#17
Of course, invest in bitcoin.


how?
newbie
Activity: 28
Merit: 0
May 20, 2020, 06:54:44 PM
#16
Lol if only I had this amount of money.
newbie
Activity: 7
Merit: 0
May 10, 2020, 01:28:59 PM
#15
Of course, invest in bitcoin.
legendary
Activity: 2030
Merit: 1569
CLEAN non GPL infringing code made in Rust lang
May 10, 2020, 01:22:59 AM
#14
But you think the USD can never fail, that printing a few trillion dollars to give people "free money" won't do a thing...

I thought your government was borrowing the money?

No one is loaning any more money to my country for the past few years, which is good because those in power would keep wasting it and taking some for themselves. Of course Maduro blames capitalism and US imperialism and just adds more zeroes to the State bank accounts to keep paying wages etc like the budget was infinite, because inflation is a capitalist lie from Americans to destroy socialism...

Not unlike Mugabe and the long list of ruling idiots in 40 centuries of human history...
Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
May 09, 2020, 02:52:52 AM
#13
But you think the USD can never fail, that printing a few trillion dollars to give people "free money" won't do a thing...

I thought your government was borrowing the money?
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
May 09, 2020, 01:51:12 AM
#12
Savings right now, I guess for me.  Roll Eyes

I kept it to my bank account.
1200 will be 2400 next month and so on. I am being patient for some time in order to accumulate a decent amount and then invest it in something that would give me 2x money.

I don't know if there are any bank would give a lot of return for your saving. As far as I know, the return from the saving is not much, and if you don't have a large amount of money, your interest will not be too big, and that is not enough to cover the fee or cost that we need to pay to the bank monthly.

But maybe in your country, the bank can give you 2x money from saving.
hero member
Activity: 3010
Merit: 629
May 09, 2020, 12:51:26 AM
#11
Assuming I have other savings for daily spending other than $1200, then these are my plan.

I will invest the money in crypto, 80% to bitcoin 20% for altcoins and will hold it for long period with my set target price on when to sell.
legendary
Activity: 2030
Merit: 1569
CLEAN non GPL infringing code made in Rust lang
May 08, 2020, 03:12:55 PM
#10
Savings right now, I guess for me.  Roll Eyes

I would buy with a small portion of it around 40% of the total amount Bitcoin.
The rest would be kept into a savings account in order to endure the coronavirus situation and the lockdown period. I know that it is not the best kind of investment to keep it into a savings account but this pandemic situation has made me be afraid of it.

Spoiled by the system, you think you are doing the right thing. You don't, if your fiat collapses, you lose all your savings. But you think the USD can never fail, that printing a few trillion dollars to give people "free money" won't do a thing...

I'll tell you the right thing: Move ALL into Bitcoin. And when you need to buy something, exchange only the minimum amount required to buy whatever it is you need to buy that day.

If you keep 60% of it, expect to lose that 60% at any time without warning.

It would be a historical event, but once it happens there is no turning back. Printing money is not a joke, my country has done it since 2014 and you can see the results... Foreigners laugh at our 3 USD monthly wage, and that's exactly the road we took. All you see is the price of things going up faster than your wage, until your wage is so ridiculous working doesn't make sense anymore and everyone depends on gov give-outs.
member
Activity: 980
Merit: 62
May 08, 2020, 04:24:41 AM
#9
Savings right now, I guess for me.  Roll Eyes

I kept it to my bank account.
1200 will be 2400 next month and so on. I am being patient for some time in order to accumulate a decent amount and then invest it in something that would give me 2x money.
full member
Activity: 1177
Merit: 102
May 08, 2020, 02:47:29 AM
#8
I will spend some amount  Wink

Overview, it's my basic (if i have $1200 then i will store 75% in bitcoin)
Otherwise, if i have some hand cash amount for spending daily life then i will invest fully $1200 in bitcoin.
legendary
Activity: 3906
Merit: 1373
May 07, 2020, 11:46:52 AM
#7
Spent it. Embarrassed

 Grin
sr. member
Activity: 2618
Merit: 439
May 01, 2020, 05:49:30 AM
#6
Savings right now, I guess for me.  Roll Eyes
Still will Hold for Bitcoin and some other coins that i am having now.

No other plans for now unless the Market hit the top again maybe there will be a change of plans as i am waiting for long now.
Savings right now, I guess for me.  Roll Eyes

Why would you save when the government is printing money?
Put it in crypto.
maybe that is what he meant?hi is saving here in Crypto?or i might be wrong.
member
Activity: 980
Merit: 62
May 01, 2020, 02:41:47 AM
#5
Savings right now, I guess for me.  Roll Eyes

I would buy with a small portion of it around 40% of the total amount Bitcoin.
The rest would be kept into a savings account in order to endure the coronavirus situation and the lockdown period. I know that it is not the best kind of investment to keep it into a savings account but this pandemic situation has made me be afraid of it.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
April 30, 2020, 08:30:50 AM
#4
Why would you save when the government is printing money?
Put it in crypto.
He  don't realize it that his savings will be overcome by the inflation after all of these struggles that we face. Bitcoin reached $9400 for today and it's in correction so I think that's the best idea that I'll do with $1200.

I have already prepared my payment for the bills so it's now time to do things that I want.
member
Activity: 421
Merit: 97
April 30, 2020, 07:04:22 AM
#3
Savings right now, I guess for me.  Roll Eyes

Why would you save when the government is printing money?
Put it in crypto.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
April 30, 2020, 05:34:22 AM
#2
I’m going to put mine towards property taxes.
member
Activity: 152
Merit: 61
April 30, 2020, 05:27:00 AM
#1
Savings right now, I guess for me.  Roll Eyes
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