Topic: You have 1m dollars.. - page 52. (Read 4013 times)
If I had 1m dollar I would use it for trading bitcoin because if the money is kept in the bank there is no profit at all whereas to invest bitcoin allows one to earn income along with very fast price movements at any time.
Having $1m is so much money.
Putting it in good place is what you should do.
You can also invest in businesses that will surely give you profit so that it can increase.
Putting it in good place is what you should do.
You can also invest in businesses that will surely give you profit so that it can increase.
1 million dollar is a lot of money. I have an outstanding debt of around $70k (home loan), so i'll have to get rid of that first. I love the stock market so I would be putting around $250k there.An apartment would be nice with the rental income, so I'll buy one with $250k. I would park a $50 k in savings account for medical & other expenses. I always wanted to travel to some countries that are poles apart, so I guess that would be around another $50k. I'm not married, so not planning too much ahead for child's education etc. But I would love to sponsor the higher education of my younger sister - Lets say $50k.
That leaves me with around $200k which I would prudently invest in Crypto.
First of all, I would build a good house for my family, spend about 100k dollars on various crypto-currencies, for the rest of the money I would buy a
some older building, ASICs and start mining.
some older building, ASICs and start mining.
I will never use a traditional bank for deposit again . If I have 1 m dollars I'd invest a 1/3 of funds into crypto , another 1/3 I'd use to open a some real life business , and the last part will be cashed out .
I would put 30% in Stock Markets , 20% in Govt Bonds, buy a rentable apartment with 30% and lastly 20% in Crypto (mostly Ether, some NEO as well)
If i have 1 million$, firstly i buy the house with 500,000 $ of this money, i put the 250,000$ of the remaining money into the bank account. I invest the remaining 250,000 $ invest in the altcoins and join the different ICOs so i choose the way of increase my money.
If I earn 1m usd in crypto , the first thing I will do is cashout 
The half from earned amount is a good choice I think . I will buy my own house and take some rest somewhere in caribbean sea. Another half I will spent to create a large diversified portfolio , which will make me a billionaire in the future
The half from earned amount is a good choice I think . I will buy my own house and take some rest somewhere in caribbean sea. Another half I will spent to create a large diversified portfolio , which will make me a billionaire in the future
Hm bank. Even I don't like banks I would hold some of that amount in the bank.
Diversity is the safest solution.
Diversity is the safest solution.
Most of the people in the world need these types of investment to persue their business plan and most of the people have investment with no plan. Big money can bring you even more money. Learn the cryptocurrency market, or pay to someone who has already learned it. Invest money in several currencies and enjoy a profit. I think there is enough room in cryptocurrency that you can be millionare overnight even with little investment.
I will buy two houses. One apartment I live in and one rented out to get my monthly living expenses, and a little money I will hold coin
I can't take risk a million dollars. I deposit 75% of this money into the bank.
I buy Bitcoin, Ethereum and NEO with the remaining 25%.
I buy Bitcoin, Ethereum and NEO with the remaining 25%.
if I have that kind of money, all the investments I will choose, bitcoin, alt-coin, bank deposits and others but I can not imagine having that kind of money
25% will invest in real estate
25% in bitcoin
25% in eth
10% altcoins
10% ICO
5% will spend with my friends
In which ICO? 25% in bitcoin
25% in eth
10% altcoins
10% ICO
5% will spend with my friends
You may not invest all in one place,it will be good you spread such money,if at all you want to put all that into Cryptocurrency investment,spread it into different altcoins.
25% will invest in real estate
25% in bitcoin
25% in eth
10% altcoins
10% ICO
5% will spend with my friends
25% in bitcoin
25% in eth
10% altcoins
10% ICO
5% will spend with my friends
1m dollars is really very huge money. i would put at least 70% to bank and would invest 30% to cryptocurrencies. and i would divide this 30% to 3 main parts 1 part bitcoin 1 part ethereum 1 part other altcoins.
if i have 1m dollars. I will split that money to several projects. i will invest it in eth, btc, alt. and some property projects. because if I just focus on a single project then it is very high risk.
Have you heard anything about MDX?) You dont need to have such amount of money to invest in it)
dont invest all of your dollars in crypto
just some dollars
you dont wanna loose all of yours
i will suggest you to pick bitcoin and ethereum
buy when they low, sell when they going up
1 suggestion again, dont be greedy
just some dollars
you dont wanna loose all of yours
i will suggest you to pick bitcoin and ethereum
buy when they low, sell when they going up
1 suggestion again, dont be greedy
Where and how would you invest 1m dollars? What coins will you buy? Or will 
you just put them in Bank?
Putting your money in the bank is not a wise decision. Better to put it in a business or investment that will grow rather than have a 2% annual inflation. I suggest you to put only 10% of your money in the bank for Daily needs and in case of emergency. 30 percent on real states and 60 percent on cryptocurrency. preferably top 5 altcoins and majority of them must be bitcoin, Ethereum and NEO. you just put them in Bank? Jump to: