What would you choose? $1M today or 10 Bticoin in 5 years?

in #hive-1679222 years ago

What would you choose? $1M today or 10 Bticoin in 5 years?

In a normal sense I would have gone for Bitcoin in 5 year time, but since the rules of the game do not include me not buying Bitcoin or any other good crypto Altcoin projects with good utility with the one million dollars, then am definitely going to choose the one million dollars over 10 Bitcoin in 5 years time, I would only pick the 10 Bitcoin if I can not invest the money into Bitcoin or crypto in general because, with the current price of Bitcoin, one million dollars can get you 35 plus Bitcoins which is +3.5x the 10 Bitcoin to be received in 5 years time. So I would gladly take the one million dollars and invest it or buy Bitcoin.

Better still I would buy like 20 or 25 Bitcoins and use the rest of the one million dollars to invest in other promising crypto projects too to diversity my money and increase my chance of making more money because Bitcoin is a store of value, yes but buying the right Altcoin or Altcoins now when the market is still down and we are in a bear market will make you richer and more money way faster than investing into Bitcoin alone and I am in the business of maximizing my profits and if it is faster that is a bonus.

On the other hand, If I had a good business idea or plan outside crypto with a good team in the right sector, this extra allocation of capital would increase the chances of multiplying my one million dollars or the one million dollars received than to buy just Bitcoin alone, but If I do not have a good business plan or idea that will multiply the one million dollars either faster or within the 5 years, then 10 Bitcoin in 5 years would be the holy grail. I would like to know which option you will choose and why you chose it. In the comment section below, thank you.

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Only maxi would take the Bitcoin, most of the time liquidity wins with 1Mil you could do something else than crypto and the put the profits on crypto besides the future is not promise for anyone or anything, what if Bitcoin in a few years is worth less that rn or worthless, another crypto takes its place, its the same result to the question 1Mil now or $10k a month....liquidity wins ✌️

You are right on this and your points are very valid. Liquidity wins.

I think the 1 million dollars today will give one more leverage than the 10 BTC in five years. It's anyone's guess what the price of BTC will be in the next five years. I'll prefer taking the 1 million dollars and multiplying it 5 to 10 fold through strategic planning and investing.

I would take the 1 million dollars too, because I could still buy more Bitcoin if I choose to.


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