Would u still use Bitcoin if u were a USD multi millionaire? - page 8.

Mr. Big

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Quote from: Shinpako09 on October 02, 2016, 08:12:15 PM

I dont think so although btc has a potential and investing in btc is a good idea. If im a multi millionaire im just gonna focus on what im currently doing.

Precisely... If we are rich we would be focusing more on growing our wealth and not searching for dusts... But it could be good to start trading bitcoins if you are rich and if you still have time... earning bitcoin requires concentration if you want to earn, passive income like investments are not reliable... They may run your money...

chennan

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Quote from: RealBitcoin on June 25, 2016, 10:34:59 AM

I'd rather not be a USD millionarie, i'd just hold my millions in bitcoin. It would be very risky holding million $ in banks with all these debts disasters and bail-ins happening.

I can't imagine that would really be all that smart of a move holding all your wealth in bitcoin, considering you have other safer assets such as silver and gold. I understand holding a substantial amount in cryptocurrencies in general, but if it were me I definitely would have a safe full of PM's.

Shinpako09

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I dont think so although btc has a potential and investing in btc is a good idea. If im a multi millionaire im just gonna focus on what im currently doing.

kekman1337

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No matter how much money you have, you'll always find a way to make more. It's especially true with bitcoin; you can earn tons more bitcoin by trading and investing, and I'd still use it daily if I were rich.
I'd probably still hold some in my cold wallets, though, because holding has been very profitable for me recently, as well as just buying low and selling high.

YTBitcoin

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Yes I will use bitcoin and with that situation I will invest more in bitcoin because then I will have much money for to invest in bitcoin and I will earn much more with my investment in bitcoin . Then I will hold my bitcoins for more longer and will not sell them for fiat.

blackmachinegun

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Quote from: Daniel91 on September 20, 2016, 10:36:00 AM

For me, Bitcoin is not only about the money or investment but more way of life.
Bitcoin is true revolution which will change the world and help people to achieve their vision and become financially free, and get rid from banks.
I don't want that anybody control my finances, government, tax agency, banks etc.
Bitcoin is solution for it so yes, even if I become a USD multi millionaire, I will still use Bitcoin.

I think the use of bitcoin used for currencies and investments. I think if you're rich and you do not need to invest again.
you can still use the currency bitcoin for your money. I'm sure you'll find it easy when you use bitcoin as a currency,

dezoel

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If I am muti millionaire then I will prefer to use them on gambling as I can easily gamble with them sitting at home and I don't have to visit any physical casino for gambling.

machinek20

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Of course i will still use bitcoin, i will invest in bitcoin so i can become richer and because the anonymity that bitcoin has, i can store my money in bitcoin privately so nobody know how much money i have, its a good way to keep thief away

stromma44

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Quote from: Daniel91 on October 02, 2016, 03:22:56 PM

Yes, why not?

For me Bitcoin is much more than money or virtual currency.
It's way of life, real revolution which have potential to change our lives and give us power and financial freedom we all deserve.
If Bitcoin becomes mainstream, everybody will use Bitcoin regularly, multi millionaire or average people.

Exactly and if we are multi millionaire then it will also increase our buying power and we can afford to buy them even at higher price and hold them longer to make huge profits from it.

Daniel91

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Yes, why not?

For me Bitcoin is much more than money or virtual currency.
It's way of life, real revolution which have potential to change our lives and give us power and financial freedom we all deserve.
If Bitcoin becomes mainstream, everybody will use Bitcoin regularly, multi millionaire or average people.

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Quote from: Tanic on October 02, 2016, 01:04:50 PM

It is hard question to me. If to imagine that right in the moment I became dollar millionare hmm I think I would stop to use bitcoins. Cause today I make my bitcoins only cause if in is nice and easy underworking to me. I have some little money above my salary ony from spending few time for couple comments a day, I even don't need to go anywhere. So If I would get rich - I would stop to use Bitcoin.

For now it is hard to be a millionaire in bitcoin since we are just small holders unlike the other investors that they invest a large amount of bitcoin..
I hope that in the future before the price will rise more above 1k value i hope that i already holding even 7 btc..

mastica

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If i were milionaire, i would just left some coins for private projects, i would make a company and hire just developers to make a project and take care of it, and i would left atleast for a while the bitcoin world, then i would return because investement its something we cant stay away for a long period.

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Quote from: pearnapple on October 02, 2016, 02:08:37 PM

Quote from: tygeade on October 02, 2016, 09:57:33 AM

If I would be multi millionaire then I would have invested huge amount in trading and would keep on taking benefits from each and every small fluctuation and would have made huge profits from it.

you are right, i would definitely invest it all into bitcoins in my opinion if i had a lot of bitcoins to be honest

It is good to invest a lot in bitcoins since we are always making a good profit for price increases. and i think this is not the last price and we are expecting more price increase in the future if you have many bitcoins you can make a good profit if the price will increase into double.

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Quote from: tygeade on October 02, 2016, 09:57:33 AM

If I would be multi millionaire then I would have invested huge amount in trading and would keep on taking benefits from each and every small fluctuation and would have made huge profits from it.

you are right, i would definitely invest it all into bitcoins in my opinion if i had a lot of bitcoins to be honest

Tanic

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It is hard question to me. If to imagine that right in the moment I became dollar millionare hmm I think I would stop to use bitcoins. Cause today I make my bitcoins only cause if in is nice and easy underworking to me. I have some little money above my salary ony from spending few time for couple comments a day, I even don't need to go anywhere. So If I would get rich - I would stop to use Bitcoin.

doomistake

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Of course I would still use bitcoin. There are no laws that you should only have this amount of money thingy. It would be great if you would still a bitcoin user even though you're a millionaire, why? it is because you can have more money. You can be a billionaire form a millionaire just because of bitcoin that's why no matter what happens, do not ever forget the things or someone that helped you to be a successful one.

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Quote from: Junko on October 02, 2016, 11:00:27 AM

If I were a USD multi millionaire I would still use, buy and trade Bitcoin. I currently wish I had more money to buy more bitcoin so why not? Why just be a multi millionaire when you could be a multi billionaire?

I will buy a company that has business interest on bitcoin and other altcoins. I will invest part of my assets in bitcoin as a form of diversification of my assets. So, of course even if I am a multi USD millionaire I will still be using bitcoin and will invest in bitcoin.

Junko

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If I were a USD multi millionaire I would still use, buy and trade Bitcoin. I currently wish I had more money to buy more bitcoin so why not? Why just be a multi millionaire when you could be a multi billionaire?

Wendigo

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If I were the spoiled offspring of some rich family I would probably not because I would have been too busy partying my life away with other spoiled little brats in some fancy night clubs and restaurants.
If I were a self-made millionaire I would have already invested in Bitcoin before it hit the news because as a highly successful entrepreneur I would have seen the potential.

Sadly I am neither of these 2 things Grin

newIndia

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Quote from: From Above on June 25, 2016, 09:25:27 AM

If u were a USD multimillionaire, say right now, immediately, would u still use Bitcoin or would u ignore it?

What would u do? What would ur plans be?

~CfA~

Every young USD multimillionaire, who has heard of bitcoin, is probably invested in it. For example, look at Roger Ver.

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