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

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azb1

Entrepreneur
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
 

Golden Fleece

Entrepreneur
Invest it in real assets as opposed to speculative ones.
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.
 

azb1

Entrepreneur
Invest it in real assets as opposed to speculative ones.
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

Offshore Retiree
Staff member
Mentor Group Gold
Elite Member
What is your thought about crowdfunding real estate investment? Create an Account with available all Regulated Crowdfunding website.

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.

Is it a Good Idea?

Sounds good on paper.

Is it Good?
Some offer a very attractive return.

Firstly, what do you consider an attractive return?
 

7889

Active Member
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

New member
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…
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

New member
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.
This aged very well
 
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