I've never been exactly "rich" by any means so if I had 1 million dollars cash I would be pretty damn excited! Knowing myself and how impulsive I can be, it would be a good idea for me to stick all that cash in a jar and secretly bury it in the forest to give myself some time to think about my next life-changing decision.
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Then again, that might be about the biggest mistake I could make, considering how low the crypto market is right now. My gut instinct tells me that if I bought up as much STEEM as I could that I would almost be guaranteed to greatly benefit from it in the near future. Who knows, STEEM could be worth $2-$3 or more really soon, or it could dip down to $0.04 and stay there forever. It all depends on you and me really. Will you keep your STEEM or will you power down and sell it all because the market is dipping?
It's a difficult time because we depend on STEEM as our main source of income but I'm not too worried as I tend to believe that STEEM will go back up. I will continue to HODL as much as I possibly can and sell when the time is right.
If you had a million dollars would you invest in STEEM? Tell me what you would do. The best 5 answers will each be rewarded with 1 STEEM at the time of this post's maturity.
I would use that money to buy an apartment in Barcelona, the city where I live. Rent there is incredibly expensive, so even having a full-time job I can't afford living on my own.
I believe now it is a good investment and a place to live comfortably, renting looks like throwing your money away.
This means I would spend about 450.000$ in the apartment. At least I would save half of the rest. Other would be use for doing things I like, as traveling, maybe invest some in crypto.
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I think u invested million dollars and get more money
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Probably, but I need somewhere to live now. I can't wait too much time and for me is too risky. I don't need to be rich, but I wish to have a bit more comfortable live.
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I think your thoughts similar with me and best of luck i hope u achive your gole.
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I would probably faint first! Hahahaha
With that amount of money, its really a lot. But given the chance to become a millionaire that would be great. I would share 30% to an organization or charity who cater for sick people especially the children. Then 30% will proceed to my parents, they deserve the happiness at this age. The other 30% will be shared to extended families, i have big big family. And the 10% I will invest here on steemit and give back to those who needs a little boost.
Well that is just me, wishing to money rain.. hahahahaha 😂😂
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Yes if I had that amount I will definitely invest in Steem because I believe in the good days to come. It is just a matter of time until the market recovers. And now it is the best opportunity for every buyer and investor. After every dark night there is an other day :)
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I would pay off my house and buy a Bitcoin. Sure, I'd buy some STEEM. Why not? :) Then I'd buy some air time on the major news networks to share real stories of what is happening in the world to counter the stories that we receive from the networks. Anything left over, I'd donate to my friends in Syria to help them rebuild their homes. And I would pay for some of them to go on vacation somewhere nice.
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The first few things i think id do with my Million dollors are:
First thing, i will not allow myself to get tempted and use them all. The most initial thing id do is to do something which can turn my Million into Millions. And doing that isn’t tough. Earning the first million is the most difficult, after that everything comes into place if things are chosen wisely. So, id put my money into some real estates, may be buy out small company which can generate me residual income and i dont have to worry about working anymore for money. I’d spent 600,000–700,000$ into the same thing let’s take 700K. And would ask my brother to take care of it. Coz i believe my brother is a better business man than i am. :P. So that leaves me off with 300,000$.
I'll invest 200,000 into steem. That leaves me with 100,000
I’d buy a small travel home caravan which would cost me approx 20,000–30,000$ and just take it round the world with close to 20,000$ as my travel expenses and just take off without letting anyone know about it.
With the rest of the 50K i am left with i would open an non profitable NGO serving animals. This has been a dream to me since the moment i started. Not because i love animals its mainly coz of a friend who has been in the thought of opening it since a very long time but due to financial issues and a proper support she is not able to. So this one is dedicated to her. And 10% of whatever profit my investment brings in from point number 1 will contribute to this NGO. And once we get all the confirmations, i would gift it to my friend and now its upto her to take care of it. There will always be support from my end not just financially but emotionally too but she’s gotta live her dream too
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I would definitely buy Steem..and a lot of others coins as well...
The rest half I would invest mainly into property and keep some of the money for expenses :)
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I would use half million to buy steem and rest half would spend for charity work. There are millions and millions poor people in Africa and Asia who need our help.
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Would probably put a fair bit into travelling the world, and then buy a house. Would be tempted to invest in a bit of Steem power too 🤔
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Obesily i will buy steemit and btc. And i think crypto have bright future so i would like invest in crypto
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And what if a million is not the only thing that is so necessary?
After all, it may not be, because it can be wasted as silly as any available time. And the resulting values will only confirm the unconscious desires and unweighted plans.
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Pay my debts, buy steem and pice live.
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Your post has been resteemed. Thank you for using my resteem service
Get more rewards in my discord server. Join Here
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If I had a million dollars I wouldn’t invest on steem. Maybe on another crypto coin. I’ve read that some whales are selling all their steem. It’s because of the system here doesn’t seem good on how it looks. I’m talking about the down voting. It’s complicated to discuss it, I myself is confused too. Maybe it’s beneficial if your rank is just a minnow than a whale. Idk if I’m making sense hahaha maybe I got it all wrong. Anyway if I had a million dollars I will probably just invest outside crypto world..
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If i had a million i would buy a nice peice land and open a none profit animals sanctuary and i then i would use the rest to rescue all the abused farm animals i could from slaughterhouses and killing houses in canada as well as show people we don't need to hurt or harm any animals for anything so basicly i would fun my own activism for the animals
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Hello friends, I have been reading how you would spend your million dollars. The gastaria buying pumps to launch them to Nicolas Maduro and all his group of followers (kidding).
I am Venezuelan and for nobody is a secret the situation that crosses my country, undoubtedly having a million dollars in cash is something glorious, because here our currency is the Bolivar and it is impossible to count on cash ... if it is, almost impossible to believe, but Venezuela is a country that you should go to a bank and not find cash, go to a bakery and ask if there is bread. Well returning to my answer I would spend half a million doing beneficial works in children's hospitals, supporting the treatment against cancer, I would support my family to solve problems. Invetiria 20% in cryptocurrencies can be steem, bitcoin, among others. I would buy a car and keep a part for my daughter's university studies.
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I will buy a house, open a business and invest in crypto.
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I would use part of the money to consolidate my gear for audiovisual production and then buy the rest in steem power and keep working audiovisuals, photography and music production through steemit, dtube, dsound.
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''' It's a difficult time because we depend on STEEM as our main source of income but I'm not too worried as I tend to believe that STEEM will go back up '''
?!?!?!?! why on earth!? unless you are holding enough in the wallet to grow itself i really don't understand this because income means pulling it out and so it never grows... and when it goes down you starve
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I don't wanna sell STEEM at 80 cents lol no matter how little
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i mean why do you rely on steemit only as income source if you look at steem to grow your wallet look at your real life wallet too and see it as a platform too.. is my tip
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LOL great tip buddy and you'd be right if I were in a place that was somewhere I could actually get a job :D
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oh that sad to hear :( but i am sure that everywhere is something to find to earn money.. do you want to move or is it needed? where u live?
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Alright, I got it all figured out! This is what I'd do:
When I hear I just won a million dollars, I'd make sure it is all on a private savings account. Then I take my car to the ocean (which is pretty close), I find a surfshop and buy myself brandnew surfgear. I surf the ocean to find the most beautifull island. This is where I'll buy a laptop and start investing in cryptocoins. As soon as I make money, others will profit from my investmens so we can all make it a better world. O and don't forget I open a surfshop so I can surf en chill! Who joining me?
popular science
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Hello @ crystalhuman, if I won a million dollars, I would buy a bottle of champagne, and I would take it all to celebrate that good luck streak.
The money must be invested to be able to have more, but being in a country with a great crisis, I think I would invest in Steem, which has been a bit of salvation to solve our financial crisis, like all trade, it's down, but this It is at stake, and should increase in a moment, then you will see the result of the capitalization that you made.
If I invest well, I would like to take a cruise trip that is a gift I wish to make a long time ago and that would guarantee my son's university career.
Many things that we can solve, in turn, would create a charitable fund to help people with health needs, which I consider to be one of the most affected causes in the country.
Well, we all have goals and projects, if we win we enjoy it.
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I f you think steem as the main source of income then its difficult time, just remember steem is not having a price as per its utility value rather its price is mostly influenced by the bitcoin price action and the broader market sentiment. So it is having a more of speculative sentiment. The moment it is traded with its utility value then steem will be much more reliable and much more stable.
I will not be surprised if steem hits 0.4 but it it hits 0.2 its ICO price then I would be really surprised.
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DONE
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I will buy SP enough to make me a whale then the rest I will go shopping for more alt coins.
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