What will you do after Six Figure Crypto Cash out to your bank account ?

[troubled soul]

I Find so many questions for Crypto cash out to a Real bank account.
I want to take this discussion further. After you get your six-figure in your bank account.
What will you do with that money?
Really curious?

Thanks

 

[Martin Everson]

Invest it in‌ real assets as opposed to speculative ones.

 

[Golden Fleece]

I know someone who worked on Wall Street who invested in a hot biotech‍ company. His six-figure investment shot up to over $50 million. A rejection from the U.S.⁠ Food and Drug Administration (FDA) collapsed its price overnight.

On the bright side, he had⁤ already recouped his original investment -- and he also used some profit to buy a⁣ house. On the other hand, he still lost over $50 million (in paper profits) when⁢ the price collapsed.

That should be a serious lesson to all crypto fans.

 

[troubled soul]

What is your thought about crowdfunding real estate investment? Create an Account with available‍ all Regulated Crowdfunding website.
Crypto -> EMI -> Real Estate Crowdfuning -> Enjoy return in⁠ real Bank account.
Is it a Good Idea?

Is it Good?
Some offer a very⁤ attractive return.

 

[Martin Everson]

Crowdfunding entails generally a high level of‍ risk for the investor and likewise potential returns should always reflect this high level of⁠ risk. Real estate is capital intensive also and returns are low compared to other investments.⁤

Sounds good on paper.

Firstly, what⁣ do you consider an attractive return?

 

[dread pirate]

Property ... after staking stable coins during the coming bear market and riding the next‌ bull market into the 7 figures 😀

 

[7889]

There seems to be less and less reason to cash out everything to real banks.‌ Put stablecoins (usdc is preferre for long term) in 8-10% return deposits (blockfi, nexo, celsius,‍ crypto.com), cashout to crypto cards (advcash, crypto.com), shop around, life is good…

 

[vipul]

For everyday purchases, it may not matter as much, but for large purchases⁠ such as property or maybe paying off loans, you still need to cash out to⁤ banks.

 

[legrant]

This aged very well