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Topic: which will u choose to buy - page 5. (Read 1902 times)

full member
Activity: 1274
Merit: 175
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December 28, 2020, 07:31:34 AM
If I have million dollars my choice will go for cryptocurrencies investment. Since bitcoin and Ethereum are really improve than any other business, I will invest the million on bitcoin and Ethereum, for me to expect double profit from the investment when the price increase. Many investment that is really bulling now is bitcoin, which many investors has testify about the bitcoin pumping they saw during the pandemic that was almost collapsing other investment to zero level.
hero member
Activity: 3010
Merit: 629
December 28, 2020, 07:18:48 AM
what are you gonna do if u have millions dollars of cash ? are  you  gonna spend it all for ferrari high class car or invest bitcoin for survive ?
Well this amount is like a dream, imagine having lots of money on hand and you're thinking where to spend it.

Anyways we need to be wise nowadays, money is easy to spend yet hard to earn so the first thing that I will do is to allocate a portion to invest on crypto and other kind of investment (e.g real state, stocks, gold). This is to be certain that my money is working for me and I can sit back while waiting for my earnings on crypto and other investment I ventured.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
December 28, 2020, 06:46:52 AM
with a million dollar, i would quit my job, buy a house and go fishing.
That is it.

I must say, my first thought was to do the same. But unfortunately it never works. That's why even billionaires are constantly investing in various fields. They know well that their cold storage can decrease significantly because of money devaluation, or some other things. "If you are not growing, you are dying", as they say.
full member
Activity: 1610
Merit: 102
December 27, 2020, 01:44:04 PM
I would like to be the first to purchase Bitcoin and Ethereum with my money at the moment of my current buying list in 2020. Bitcoin and Ethereum are two potential cryptocurrencies and investing in them has the potential to generate huge profits in the future. Gold is also on my list of favorites because it is safe to invest in and its value has been steadily rising over the past few years and has become quite prevalent through transactions due to trade wars and sanctions in various countries. There are also a number of cryptocurrencies that I will choose to buy, such as Litecoin, xrp etc.
legendary
Activity: 2982
Merit: 1028
December 27, 2020, 12:38:47 PM
That's a lot of money and I never had that much money but I never dreamed that in the future I would have it and if I already had 70% I would invest in bitcoin and some altcoins and the rest I would save as savings and would use it for open a business in the real world
Your goal is very good and very good for supporting a lot of income, but what everyone has to think about at this time is how to find that much money so that what we plan can be carried out well.
the way is to continue to work hard and don't be discouraged even though there are many problems that will be passed through such as experiencing losses in trading or so on, and also don't forget to pray because we can only plan but everything belongs to GOD Wink

You need to keep moving forward if you think that trading is a good venue for you.

Assessing how will you continue your journey is very important, most of those who succeed from this investment opportunities start with nothing, they just believe that with hard work and luck they'll be able to gained the compensations that they are aiming for, if you have that in mind then the chance still high for you. Keep being positive.
hero member
Activity: 2520
Merit: 624
December 27, 2020, 11:13:11 AM

but for me I can live on 200,000$ till my last day

This is funny to say you will live your life on a specified amount of money. Things are not working like that. Some questions are to be raised here, how old are you at the moment? like health issues can come too etc. Things can change and you maybe looking at the money that it is big but change can happen at any time in our lives
full member
Activity: 1008
Merit: 101
December 27, 2020, 10:24:55 AM
That's a lot of money and I never had that much money but I never dreamed that in the future I would have it and if I already had 70% I would invest in bitcoin and some altcoins and the rest I would save as savings and would use it for open a business in the real world
Your goal is very good and very good for supporting a lot of income, but what everyone has to think about at this time is how to find that much money so that what we plan can be carried out well.
the way is to continue to work hard and don't be discouraged even though there are many problems that will be passed through such as experiencing losses in trading or so on, and also don't forget to pray because we can only plan but everything belongs to GOD Wink
member
Activity: 238
Merit: 15
December 27, 2020, 08:11:08 AM
what are you gonna do if u have millions dollars of cash ? are  you  gonna spend it all for ferrari high class car or invest bitcoin for survive ?
I don't have aims for expensive shits, ferrari? Na, I'm someone who prefers to live a life of the unknown, meaning I don't want to be popular and I don't care if someone is looking at my life style, it sounds crazy but this is who I am, I just want a good life and live codedly, for my kids Id definitely invest in good things that will be useful for them but for me I can live on 200,000$ till my last day
hero member
Activity: 2562
Merit: 586
December 27, 2020, 04:20:07 AM
Investing your money should always be your goal because this world is actually built around people who make money with money, and that is what you should be aiming to become as well. Just for example, everyone talks about how Jeff Bezos is rich right? He is the richest person and he owns so much of amazon and so forth, his net worth has been topic of discussion for a long time as well.

Do you know how he is rich? Well he owns stocks of amazon, that is how he got rich, obviously he is also the founder, which is why he is so rich and owns so much stocks, not like he bought them, but think about it like investing very early on and making money later, about the same logic. He didn't profited by selling some products, he profited by owning a stock, so made money with money. Buying anything will get you away from that, try to spend as little as possible and invest as much as you can.
legendary
Activity: 2044
Merit: 1115
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December 27, 2020, 01:43:27 AM
Million dollars in cash is also a hard place to be because cash is harder to explain. Where did I get that much cash? I mean is it all tax paid and I have it in my bank account? Because, if that is the case and it is a million dollars I can spend however I want, that means I could do both of these things together. I can still get a ferrari if I really want to, and also invest the rest on bitcoin as well.

This doesn't mean I would do that, I don't even have a license and I do not like driving cars at all, so I wouldn't even buy a car if I had a billion dollars, maybe hire a driver for myself and a car in that situation but still wouldn't get a ferrari because I won't drive it myself. However if I were to have a million dollars and I really wanted a ferrari but want bitcoin as well I could do both with that kind of money since a ferrari costs less than a million dollars.

You're over-thinking it. It's not meant to be a thought experiment about where the cash logistically came from, the point is just to think about how you would allocate the money, taking as a given the fact that you have it. You don't have to explain it or worry about taxes, just spend it.
full member
Activity: 1162
Merit: 168
December 26, 2020, 01:11:41 PM
Million dollars in cash is also a hard place to be because cash is harder to explain. Where did I get that much cash? I mean is it all tax paid and I have it in my bank account? Because, if that is the case and it is a million dollars I can spend however I want, that means I could do both of these things together. I can still get a ferrari if I really want to, and also invest the rest on bitcoin as well.

This doesn't mean I would do that, I don't even have a license and I do not like driving cars at all, so I wouldn't even buy a car if I had a billion dollars, maybe hire a driver for myself and a car in that situation but still wouldn't get a ferrari because I won't drive it myself. However if I were to have a million dollars and I really wanted a ferrari but want bitcoin as well I could do both with that kind of money since a ferrari costs less than a million dollars.
sr. member
Activity: 1526
Merit: 332
December 26, 2020, 11:02:19 AM
what are you gonna do if u have millions dollars of cash ? are  you  gonna spend it all for ferrari high class car or invest bitcoin for survive ?
No, I am not gonna spend it on some stuff, it would be better if I will put it in Bitcoin as an investment because with the gains I could get profit from it I could be able to buy 2 of them. It is better to place your money that will benefit your future, not on the stuff that will provide you temporary pleasure. Otherwise, if you don't want to invest in Bitcoin, you could use the money to establish your own business by that way you could also gain and double the money you've used. You gotta think wise when spending your money.
hero member
Activity: 1694
Merit: 516
December 26, 2020, 04:25:24 AM
#99
If someone wants to buy a Ferrari with his coins, then he probably needs a Ferrari more than anything else. If someone needs to survive with his limited money, he is not going to buy a Ferrari and will try his best to manage his money in such a way so that he can live with it up to an extended time.
If he needs to survive, I doubt he is going to invest in crypto currencies. Investing n crypto currencies have a huge risks. He would rather use it for investing it somewhere more safe than crypto.

But do you really ever need a Ferrari? There much cheaper cars, and if we can save some money instead of spending it on leisure items we could focus on investing. It is much easier in the crypto world to make money when you already have decent bankroll. In my opinion a Ferrari is not something you really, more an item for fun you should make sure you can afford before buying it. Also insurance and gas going to be much more expensive than for a normal car.
copper member
Activity: 1876
Merit: 533
December 26, 2020, 04:05:53 AM
#98
If I have a million dollar dream, car is nice but an investment would be nicer. Shiny things like cars and jewelry don’t appreciate but crypto investments could grow naturally over the time, that million dollar investment could change your life in the near future and could buy you not just a Ferrari but could also help you have a good future.
I think you can pretty much settle them down by dividing your million dollars in half. you can buy a Ferrari for some $300k to $600k and rest of the money would be good enough to invest in Bitcoin. and they'll eventually worth millions of dollars one day when bitcoin itself reach to a million per bitcoin.
so If I ever get that many money. I would invest half of them in Crypto currency and with other half I'll make my life little bit more easier.
copper member
Activity: 2968
Merit: 575
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December 26, 2020, 03:43:18 AM
#97
If someone wants to buy a Ferrari with his coins, then he probably needs a Ferrari more than anything else. If someone needs to survive with his limited money, he is not going to buy a Ferrari and will try his best to manage his money in such a way so that he can live with it up to an extended time.
If he needs to survive, I doubt he is going to invest in crypto currencies. Investing n crypto currencies have a huge risks. He would rather use it for investing it somewhere more safe than crypto.
sr. member
Activity: 1666
Merit: 267
December 25, 2020, 06:40:07 PM
#96
Since I come from a poor country, I will be wiser in spending the money I have. Especially if you have millions of dollars of cash,
I will buy a variety of assets. Such as Bitcoin, Gold and Real estate. I didn't think about buying a Ferrari which only adds to the problem
later on, because as we all know it is not only expensive for Ferrari prices, but taxes and maintenance costs are also expensive.
hero member
Activity: 2170
Merit: 528
December 25, 2020, 06:26:34 PM
#95
with a million dollar, i would quit my job, buy a house and go fishing.
That is it.

And then one day you'd run out of money and they'd tax you for the house. You'd want to renovate the house, get gifts for your family on some occasion like birthday or wedding and you'd be out of money.

A smart thing to do would be to divide the investment. Buy an apartment and rent it out, buy a cheap car to be able to be mobile, invest the rest in stocks and bitcoin.
full member
Activity: 1414
Merit: 228
Omicron is another FUD
December 25, 2020, 02:27:51 PM
#94
what are you gonna do if u have millions dollars of cash ? are  you  gonna spend it all for ferrari high class car or invest bitcoin for survive ?
If I buy a Ferarri then I have to pay annual taxes on the car and experience a price depreciation (decrease in asset value) of the car if I want to sell it.  but if I buy Bitcoin then every year I will have an increase in the value of my Bitcoin investment and will not be obliged to pay tax year.  from the illustrations above then you understand which one I should buy --- Bitcoin.. 
sr. member
Activity: 1540
Merit: 420
www.Artemis.co
December 25, 2020, 11:39:40 AM
#93
If I have a million dollar dream, car is nice but an investment would be nicer. Shiny things like cars and jewelry don’t appreciate but crypto investments could grow naturally over the time, that million dollar investment could change your life in the near future and could buy you not just a Ferrari but could also help you have a good future.
hero member
Activity: 1498
Merit: 711
"Play Poker on Telegram"
December 25, 2020, 11:25:27 AM
#92
what are you gonna do if u have millions dollars of cash ? are  you  gonna spend it all for ferrari high class car or invest bitcoin for survive ?
Lol anyone that spend such amount of money for a car don't really have future provided that is starting life, but if you have already investment before arrive of the money the can equally purchase car with the money, but a situations were by no existing investment I think the best option is to get investment that will bring return annually but most especially bitcoin investment.
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