RE: Zero to Hero Challenge: $0 to $1,000,000 - Day 29

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Zero to Hero Challenge: $0 to $1,000,000 - Day 29

in cryptocurrency •  7 years ago 

You know that thing where you're asked if you'd rather have a million dollars or take a dollar and double it every day? I always said I'd take the million, since it's not so easy to double your money every day. :) Keep up the good work.

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I'd take the $1 and double it everyday for sure haha. As @o1o1o1o wrote, it takes only 20 days to become millionaire :).

Well if that was truly the offer then always take the $1 - there wasn't a contingency on the doubling and more than there was on getting the $1,000,000. After 20 days you'd have a million, after another a million million - which I believe is a trillion. Of course eventually you run out of markets to find more money so you have to assume the double your money every day is bogus. But like I said, that wasn't the deal.

But even if you only did it once every two weeks - that's still a million a year. Take $999,999 - spend, enjoy - take the remaining $1 and rinse and repeat. Puts you pretty much in the top 0.1% of earners with zero effort (just for comparison).