Best place to park $80,000?

[PoppedCorn]

BTC

Was 13 grand
Is now 33

80k turns to 200k

 

[Barry_Badrinath]

Richmond B2B 2020.

Jokes. You should buy $80,000 worth of M&M's. Definitely the smarter option.

They were paying $4.50

Could've turned that $80,000 into $360,000

Richmond B2B has massively outperformed almost all asset classes over that time.

Richmond B2B2B is paying $4.00. Just saying lol

 

[Barry_Badrinath]

BTC

When OP asked on April 16 2019, BTC was $6,600 AUD per coin. Right now it's $41,500 AUD per coin. That's $503,030 if OP invested the full 80k.

 

[PoppedCorn]

Yup

I talk US $

 

[Angus Young]

Richmond
Bitcoin

Hindsight is a wonderful thing.

 

[Barry_Badrinath]

Richmond
Bitcoin

Hindsight is a wonderful thing.

Both were pretty obvious when you think about it

 

[Angus Young]

Both were pretty obvious when you think about it

At half time of the GF not so much. You might have been getting a noose ready.

 

[Jimmy_the_Gent]

He should have put it into Telsa.

$80k would now be $1.28 million.

Boy did OP screw up.

 

[Angus Young]

He should have put it into Telsa.

$80k would now be $1.28 million.

Boy did OP screw up.

farrkkkk

 

[footy75]

Two Questions:

1) Where is OP and what did he do?
2) Where is the best place to park $80,000 now?

 

[Big Cox 88]

Two Questions:

1) Where is OP and what did he do?
2) Where is the best place to park $80,000 now?

1) In Seychelles
2) In my bank account

 

[PoppedCorn]

Two Questions:

1) Where is OP and what did he do?
2) Where is the best place to park $80,000 now?

2) btc and eth

 

[NonPhixion]

Into shares of any of the big 4 banks + Bendigo.
capital gain or not, you are getting 5-6% a year with no risk

 

[Kram]

Into shares of any of the big 4 banks + Bendigo.
capital gain or not, you are getting 5-6% a year with no risk

No risk? You could also always cop a capital loss with those that would easily wipe out the yield.

 

[nut]

80k in RFOX crypto .

 

[wadistance]

Seems most higher interest bank accounts require monthly deposits...dont want to do that.
What other higher investment options would you suggest that I could consider?
Thanks.

That 80k invested in Bitcoin in April 2019 would be roughly worth 700k today

If you still have the 80k its still where I'd put it

 

[PoppedCorn]

And of course you wouldve sold out near on 60k US and bought back in at 44

 

[wadistance]

And of course you wouldve sold out near on 60k US and bought back in at 44

I haven’t sold any actually. I don’t believe it’s smart selling BTC. It’s something you hold onto long term like gold. Eventually you’ll be able to borrow against it


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[PoppedCorn]

U dont think its smart to sell out ar 59 thousand and buy it back at 45?

 

[wadistance]

U dont think its smart to sell out ar 59 thousand and buy it back at 45?

That’s gambling. You have no idea how low it’s going. But looking at historical gains, you know it’s going up. I

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[PoppedCorn]

Lifes a gamble
I like the btc ods better

Get on ADA

 

[ash_1050]

U dont think its smart to sell out ar 59 thousand and buy it back at 45?

I look forward to seeing your $10b portfolio this time next year. Must be nice to know exactly what's going on in the crypto markets months in advance.

 

[PoppedCorn]

Ive never even said what I have invested


Ill go now as i cant afford to lose more of my already low cryptocurrency IQ that will guess whats going to happen in the future market

 

[Evolved1]

I haven’t sold any actually. I don’t believe it’s smart selling BTC. It’s something you hold onto long term like gold. Eventually you’ll be able to borrow against it


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Holding BTC through an 85% correction wouldn't be much fun.

 

[nut]

80k in RFOX crypto . View attachment 1055778

Would be worth $610k now ... 5 cents to 42cents, with more announcements to come this week.