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Topic: You have 1m dollars.. - page 19. (Read 4013 times)

full member
Activity: 238
Merit: 100
May 20, 2018, 05:20:20 AM
This question has been asked many times, and it is like asking what will you do if you win lottery jackpot.
If you don't have 1 million dollars don't think what you will do with them. Think what will you do with money which you have at the moment to make that million dollars - and when you reach that goal you will know what to do with million $  Wink

Not really. If you get your million $ suddenly on your blockfolio after some massive rally, you just stay there with open mouth unable even to grasp that those numbers are in fact one million $. IF you cash it out in time, of course.
If you earn a million dollars and try to cash out them, you can earn yourself big problems. Tax organization of any country will come to you with questions and not only. The ability to handle such big money is not an easy task

I think the problems with tax organization in my country is not so insuperable barrier. Even with the fact that my government has indeferrent opinion in crypto. The most difficult task is to find a good coins and project in a large pile that can bring such big income
newbie
Activity: 210
Merit: 0
May 20, 2018, 12:03:17 AM
If I had 1m dollar then I will keep 50% of it in bank because it will too risk for me if I keep all of this money in cryptocurrency world . Other 50% I will invest on bitcoin, etherum and different ICO.
Why keep it in banks when you can start a business with it. $500K is a lot a money in our place and you need not to work anymore in my lifetime. In order for that money to keep on growing i will invest at least 5 percent here in crypto and some of it in business outside of the community.
sr. member
Activity: 490
Merit: 250
May 19, 2018, 11:47:48 PM
Where and how would you invest 1m dollars? What coins will you buy? Or will Huh you just put them in Bank? Huh Wink
I will save some money in banks but not all, a portion say 10%. Portion of it would be spent to buy a house and lot, car and furniture and fixtures. Majority of it would be spent to bitcoin that i would definitely hold for long term and also a portion would be spent in investing with ETH.
newbie
Activity: 127
Merit: 0
May 19, 2018, 11:35:35 PM
Budget of 1 million is a great amount of money that many people are dream of it. For me, I will spend 40% for doing things that I have not completed in life, and the other, I will put all in crypto currency. For crypto, I will split that money to several potential projects and of course I will diversify my portfolio because if I just focus on a single project then it would be very risk. However, if you want to invest all money in crypto, it's okay  Grin
newbie
Activity: 31
Merit: 0
May 19, 2018, 10:58:14 PM
I would divide the money out into many projects and wait for one to boom at a very high percentage. Also, I would invest more money in Bitcoin and Ethereum so I will not lose anything, I think on long-term the benefit will come from them.
sr. member
Activity: 538
Merit: 250
May 19, 2018, 05:20:05 PM
If you want to get fast rich, you would never get rich because you would lose your money due to your greed and ambition. Main point of getting rich is having patience.
full member
Activity: 532
Merit: 100
May 19, 2018, 05:13:29 PM
Where and how would you invest 1m dollars? What coins will you buy? Or will Huh you just put them in Bank? Huh Wink
If i have 1 million dollar. I will not invest it to any coin. I will use it as a capital for the business that our family wants. I want to give my father a small restaurant because he loves to cook.
jr. member
Activity: 51
Merit: 5
May 19, 2018, 05:06:42 PM
Crypto will never die. Anyone saying anything negative is scared, they said the same thing about the net in 1997.

What would I do with 1M dollars ?

100 Percent Crypto.

1. I would locate the best staking coins (POS) and place 300K into them using a trustworthy staking site. stakeunited.com etc/ For example: OPC coin
pays 1500% during certain block confirmations. On the staking sites you get your free coins every day as long as the coins you deposited are at maturity. Leave the money in watch your coin balance grow and watch the coin appreciate. You deposit 100,000 coins, wait a year, pull out 200,000 and sell 100,000.

2. I would seriously think of investing in a masternode like DASH or DEV. Easy money, just pay for electricity. The coins you earn will be more than enough to cover your costs of electricity and in one year even less you will have 100% of your investment retured (hardware, cost of coins to start MN, electricty).

3. ETH 100%, BCC, stay away from BTC.

4. Find 10 good alt-coins with good projects where in (5) years time these companies will still be here. Just like the internet in 1997, 80% startups will fail.
 
ICX - great coin, great project
NEO+NEM China will not dissapoint
XLM (Stellar), forget Ripple. XLM is going to dominate. IBM is already partnered with them.
STRAT+STEEM, most if not all ETH token app's must use these two platforms
LRC (Loopring) will dominate capacity and processing speed
BNT, BFT, TNB - coins that integrate banking systems into the ledger

Good luck

You can invest in some little ones also, but be careful
sr. member
Activity: 538
Merit: 250
May 19, 2018, 04:45:48 PM
I would put half of it in bank to decrease risk and I would invest in reliable coins like bitcoin and ethereum with most of the other half. Lastly, I would buy some unknown but promising tokens for future.
newbie
Activity: 224
Merit: 0
May 19, 2018, 04:16:56 PM
If I have that much money first I will change my lifestyle with some of the money and rest of the money I will keep in the best long term coin which can double or triple my money in future. Like NEO, ETH, ETC, IOTA, ADA and more.
member
Activity: 554
Merit: 11
CurioInvest [IEO Live]
May 19, 2018, 04:15:25 PM
If I had a million dollars, I would divide it into 10-20 parts and invest in as many projects for a long time in order to increase my capital several times.
newbie
Activity: 602
Merit: 0
May 19, 2018, 12:53:08 PM
If I had 1m dollar then I will keep 50% of it in bank because it will too risk for me if I keep all of this money in cryptocurrency world . Other 50% I will invest on bitcoin, etherum and different ICO.
member
Activity: 336
Merit: 10
May 19, 2018, 12:38:47 PM
If I had 1 million dollars I would invest then in bitcoin and etherium.These two coins are the safest long-term investment.If you invest 1 million now in them-in a few years you funds will possibly increase in 10 times more!
full member
Activity: 461
Merit: 101
May 19, 2018, 12:33:30 PM
Where and how would you invest 1m dollars? What coins will you buy? Or will Huh you just put them in Bank? Huh Wink

If i would have that much money, i wouldn't invest the whole sum into cryptos. I'd put part of it into BTC, ETH and some smaller "incubator stage" coins, but there is no way i'd put the 1 mil into cryptocurrencies entirely, crypto is simply dangerously instable for that.
newbie
Activity: 126
Merit: 0
May 19, 2018, 12:29:40 PM
If I had $ 1 million, I would only invest a small amount, and the rest would be deposited into the bank
hero member
Activity: 2520
Merit: 783
May 19, 2018, 12:24:49 PM
Of course I would put money in the bank. But what part of it would certainly be invested in bitcoin. I suggest you do this)

I would invest all of it in Bitcoin and hold it before this year ends because the price of bitcoin would skyrocket again like what happened last year. It is okay for me not to have that much money for months while I'm waiting, at least I know that a huge profit is waiting for me before this year ends. It is all about patient when you invested your money in bitcoin.
newbie
Activity: 189
Merit: 0
May 19, 2018, 10:13:02 AM
If I was able to have that amount, I'll invest in so many projects including ICOs.
I'll never put all into one project because it is so risky, I will have to invest in top 5 listed cryptos on coin market cap and some altcoins like ELF and MAN.
legendary
Activity: 1302
Merit: 1001
May 19, 2018, 10:08:52 AM
If you know how to trade it is best to trade to such pairs as btc/usd or eur/usd. If not, you can invest 80% in currencies such as btc, ltc, litecoin. 20% can be invested in high - risk investments-ico.
newbie
Activity: 188
Merit: 0
May 19, 2018, 08:26:50 AM
I invest half to bitcoin a quarter to eth and a quarter more will I keep in the bank to save my money if the coin price is down at least I still have deposits to wait for profits from the investment into the two coins
member
Activity: 112
Merit: 13
May 19, 2018, 08:13:27 AM
It depends, if 1M dollars will be all my money i definitely put the half of it on the bank and invest the another half on crypto since investing in electeonic money is a risk. I would probably go with bitcoin, eth and neon, aside from being established they all have the great potential.
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