Quote from: QuestionAuthority on December 12, 2015, 01:42:18 PM

Quote from: maartenhaha on December 12, 2015, 01:29:11 PM

i would buy property to rent out and some of the rest buy some coin and invest to make more of it, sell it and some i'll keep in storage for the future, thinking like keeping some in storage to build up in time and pass it to my kids for herritage tax reasons, because i think herritage tax is pure theft by the goverment. paying tax on already taxed money is theft.

investment or start a research compagny in naturefriendly science and tech and education would be a thing i do too. we realy need to put those oil and gas- gmo-, global industry-, banking- and religion barons on their place and frack em... look what they do to our beautifull planet.... we realy need to hack the planet back

so if you have the means to do so... do it, think of those who'll be living here after you.

I like the way you think. You seem to have a firm grasp on reality.

Also, never spend more than 7-10% of your net worth on any risky investment (like Bitcoin) with the potential to drop to zero value. Unless you're going to live in it, you should never invest more than 40-50% of your net worth in real estate. Real estate can go down in value but will always be worth something.

Look at those houses in detroit.

If I won 50k, I'd put it all in bitcoin. All in.

But if I won 1 million, I probably would still put 50k in bitcoin. No more than 100k, anyway.

How much you risk shouldn't just be a simple % of wealth. It should also depend on how much you have, and your earning ability.