wngo123 Posted December 8, 2018 #1 Posted December 8, 2018 What would you do if you win 100k dollars in bitcoin? And I'm not asking what would you buy for it. Everybody have their own needs or dreams. I'm asking what would you do with such large amount in bitcoin. Would you sell it immediately? Would you keep it in your wallet? Would you invest in btc? Would you spend somewhere paying in btc? Would you need to pay tax in your country when selling btc? This is my concern for a while. If I will over 100k dollars thats a lot of money and I wonder what's the best approach to this situation. I have some things that I need to buy immediately, I guess I would need to spend at least 20k for that. But I'm not really sure what would I do with the rest of bitcoins. I know what I would do with dollars, but not sure If I want to sell such huge amount. Now bitcoin is going down so it's even more relevant question. Thank God I won't need to worry about it because I know I will never win such big amount
peel1 Posted December 8, 2018 #2 Posted December 8, 2018 invest it all don't sell any cuz BTC is really low atm so I could make wayyy more if I waited
polor12 Posted December 8, 2018 #3 Posted December 8, 2018 100k in bits.. in current state value.. sell 50% and loose the rest in stake!
rajamishra Posted December 8, 2018 #4 Posted December 8, 2018 its depends open your requirement as when u get that amount its expend its their own slot
Shaniqua Posted December 8, 2018 #5 Posted December 8, 2018 Of course id sell most of it maybe id keep a little bit or a few coins incase the price sky rocketed but hands diwn id sell it for usd , no doubt in my mind
Etude Posted December 8, 2018 #6 Posted December 8, 2018 I would buy all the items that I currently am aiming for mainly upgrade of laptop and phone to the choice of my liking then perhaps to travel a holiday with the money then lastly but not least keep a big portion left to gamble on Stake!
davinmark Posted December 8, 2018 #7 Posted December 8, 2018 Hmm i think im gonna withdraw it about 80k dollars or maybe 90k dollars and continue betting with the rest of my balance
JoshuaThePsycho Posted December 8, 2018 #8 Posted December 8, 2018 I'll invest %50 of it on cryptocurrencies and probably stock market and I'll spend the other %50 for myself
Marrcos1337 Posted December 8, 2018 #10 Posted December 8, 2018 If I win 100k$ in bitcoin, I'll immediately sell all bitcoins, cause you must be experienced in investments to invest into Bitcoin. Personally, I don't believe in Bicoin, so I'll try to sell it as fast I can. Bitcoin is too vavolatile to keep money on it, so - no, I won't invest in Bitcoin nothing from winning.
santachuuck Posted December 8, 2018 #12 Posted December 8, 2018 Would probably invest 50k , 15k to gamble and 35k to cashout to travel and have some fun irl with it
Shaniqua Posted December 8, 2018 #13 Posted December 8, 2018 6 minutes ago, santachuuck said: Would probably invest 50k , 15k to gamble and 35k to cashout to travel and have some fun irl with it but where would you invest it, in a gambling site? or like real estate? just wondering...
santachuuck Posted December 8, 2018 #14 Posted December 8, 2018 Well probably 35k of it would go into crypto and 15k into a gambling site and see how it goes a real estate preety sure would go bankrupt real fast with 50k
ivaylo2000 Posted December 8, 2018 #15 Posted December 8, 2018 I sell 80% and spend it for life to see few special places in world. Other 20% i try to invested and get some profit from it.
Shaniqua Posted December 8, 2018 #16 Posted December 8, 2018 5 minutes ago, ivaylo2000 said: I sell 80% and spend it for life to see few special places in world. Other 20% i try to invested and get some profit from it. i have the same question for you too, you say you will invest, but in what? everyone ssyaing will invest but not saying in what : (
ivaylo2000 Posted December 8, 2018 #17 Posted December 8, 2018 1 minute ago, Shaniqua said: i have the same question for you too, you say you will invest, but in what? everyone ssyaing will invest but not saying in what : ( If i make 100k dollars in crypto , i invest 20% of them for buy worker in some strong cloud mining pool. ROI is long , but risk is little if mined coin keep good price. But my real strategy was been 15% invest and 5% risk in some gamble site.
barbaris Posted December 8, 2018 #18 Posted December 8, 2018 I would probably hold them in the hope of increasing the price of Bitcoin.
Shaniqua Posted December 8, 2018 #19 Posted December 8, 2018 43 minutes ago, ivaylo2000 said: If i make 100k dollars in crypto , i invest 20% of them for buy worker in some strong cloud mining pool. ROI is long , but risk is little if mined coin keep good price. But my real strategy was been 15% invest and 5% risk in some gamble site. cloud mining ? really? i thought those were all scams pretty much
KiXxnTRiXx Posted December 8, 2018 #20 Posted December 8, 2018 I would turn that baby into cash and go on a trip around the world. I know, 200k is not that much, but my plan is to travel the world, and do odd jobs here and there to support other necessities and use the 200k to get to as much places as possible.
ivaylo2000 Posted December 8, 2018 #21 Posted December 8, 2018 5 minutes ago, Shaniqua said: cloud mining ? really? i thought those were all scams pretty much Not all. I have worker who mine more than one year . Most of these sites are scam, but there is 3-4 old sites , who pay correct.
Realraidengod Posted December 8, 2018 #22 Posted December 8, 2018 ii would all in on stake lol just kidding i would invest in other coins or even companies
bonet777 Posted December 8, 2018 #23 Posted December 8, 2018 Hello everyone! I would have left myself ten percent, I would have given my debts to everything. The rest would be distributed to the poor and needy people. Especially sick children.
Shaniqua Posted December 8, 2018 #24 Posted December 8, 2018 46 minutes ago, Realraidengod said: ii would all in on stake lol just kidding i would invest in other coins or even companies it feels just too vaugue to me... i plan on winning 100k soon so i want to know good plans solid plans... so i can decide when i win
KiritoCS Posted December 8, 2018 #25 Posted December 8, 2018 I keep it short and quick "cash the fuck out" and have a good time.
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