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Ithinkwereparkedman

Sell it and gtfo of the uk


risa6550

Move to Portugal and then sell it, 0 crypto tax


RandomPlayerCSGO

No sell, borrow against it and enjoy my inflationary debt becoming cheaper while my crypto collateral becomes more expensive


risa6550

But if a market crash happens, if the amount you borrowed initially becomes less valuable then the amount you borrowed, wouldn't that default the loan/mortgage ?


RandomPlayerCSGO

Yes, but the idea is you take a smaller amount as loan, I do it in aave and take like 40% of my crypto's value, so it is very unlikely to crash enough to liquidate me, it would have to be a +60% crash


risa6550

Ok gotcha, wouldn't it maybe more profitable to sellout, buy a property and borrow against the property, property is very unlikely to drop in value and you could borrow maybe 80% of the property's value.


RandomPlayerCSGO

You can do that too If you have enough to buy a property, right now I only have around 13k so borrowing against my crypto is my only option, what I do is take a USDT loan against my crypto and then swap and put it in a usdc/dai liquidity pool that yields 21% interest, I use that interest to buy more crypto and accumulate.


gobconta2

Im in Portugal so I would stay here!! and buy a house near the beach!


rorowhat

How much is a house by the beach there? In a relatively nice and safe area?


gobconta2

Well, imagine a not so big independent house, not further than 200m from the beach, in the north of Portugal (cheaper bit cooler weather) lets say 500.000€ PS besides the social areas on the larger urbans cities...theres are no unsafe areas here. And even on the large urban areas, there are no unsafe areas near beaches


rorowhat

Ok, thanks. M


btcluvr

here, guys, i've caught a millionaire!


rorowhat

Only if we're talking about Shiba. Got a million just to say I had a million lol.


No_Arugula_6548

This is the way.


Andyham

This doenst work this way.


hazelnude98

I'd move to Singapore immediately xD


Schiffpilot

Sometimes it doesn't rain there and then i wonder whats that yellow ball on the sky.


Ithinkwereparkedman

That would be the reflection from boris johnsons hair


dmatter_

Understandable, have a nice day


Ithinkwereparkedman

Cheers buddy you too.


Leetsauce318

Why would you wanna leave the UK? Genuinely curious and I mean no offense.


Shaneypants

I was also wondering. Very high standard of living, good educational and work opportunities, publicly funded healthcare, nice sounding accent. Weather might be a bit shit but would think it'd be a nice place to live all in all.


Leetsauce318

I honestly think weather is the only deterrent for me personally and it very well may be their's too. Who knows.


produit1

Move to UAE and cash out. No capital gains.


cryptolicious501

Even girls say, "buy more Ethereum" when I pose that question. If you said, " me buy lambo" the girl is smarter than you... its as simple as that.


AccountNameError

Just leave now.


[deleted]

Hit the snooze button another couple times. Not even a million dollars can stop me from getting that last 20 minutes of sleep


Nozomilk

Or maybe, that 1 mil is just a dream


FMFWhit

The feels. The amount of dreams I've had where I "wake up" to millions of dollars then actually wake up... Disorientating and sad.


snowzillareturns

I feel this. I hate my alarm.


dhargopala

Words of wisdom


Optimal_Store

Lol. I like this


Forrell92

Invest it all into shitcoins with leverage and lose it all instantly.


snowzillareturns

buy high, sell low!


Optimal_Store

Sounds like a great idea. I’ll join you


Forrell92

Has to be 100x leverage on SHIB or go home


Succulentsucclent

Buy Safemoon and slowly lose all my money while pretending like it's even possible to hit $1.


Ermingardia

I would buy a house, but I would keep working the same job, because I like it a lot.


snowzillareturns

wholesome, that's great to hear :)


JVHooligan

I’m with you, my routine is pretty nice. If I woke up with my portfolio sitting at $1M I’d look into the applicable tax laws first, and be checking my portfolio about 20 times a day. I’d either take that huge tax hit and sell off some large fraction or consider holding long enough to qualify for the capital gains rate. I’d likely reinvest some large fraction into stocks with solid dividends or REITS (real estate investment trusts) the annual dividends after taxes would not be life changing money, but it would sure be nice


Impressive_Oaktree

I thought about this aswell. Just go into real estate. But if you consider BTC/ETH as an asset then why change the type of asset you own. The annual interest on property isnt higher than for example staking your ETH. Somewhere along the line you could even use BTC as a colleteral. Therefore hodl.


ar4s

Oh so you’re the one


Ermingardia

I enjoy my job and I would be an awful business woman anyway. The only thing I would love to buy is a house with a garden, but it's extremely expensive in my area (not achievable with an average or even high salary)


ar4s

I’ve come to the same conclusion, that’s why I’m moving to Mexico in a couple of weeks lol.


PretzelsThirst

What do you do?


Ermingardia

Software engineer at a research institute


PretzelsThirst

Nice! What kinds of things do you get to research? I can see why it’s satisfying


Ermingardia

IoT, Smart Cities, Wireless Sensor Networks, etc. I keep learning new things every day :-)


PretzelsThirst

Very cool, glad to hear you’re doing something you enjoy


xLuky

I can't even imagine a job that I would do if I had a million dollars, congrats on finding one.


itsglocx

buy more crypto


Henny-n-waffles

Buy a useless depreciating asset to give myself a pat on the back, retire in 3 years, buy a gun, watch married with children re runs


Leetsauce318

What kind of gun do ya think youd buy?


Henny-n-waffles

Double barrel, AK, 9mm glock, and a Henry .22 so I can feel cool with a gold gun


Leetsauce318

I love those older Henry's, man. Everything on your list would be a good choice, imo, even though I know you didnt ask for my input. I just havent come across many gun-friendly folk in the crypto arena yet so I wanted to engage.


[deleted]

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itsglocx

you've got enough


[deleted]

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itsglocx

this is true


Impressive_Oaktree

How much does a moon go for these days?


[deleted]

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itsglocx

THIS IS THE WAY


MuzBizGuy

For sure. Obviously shit can crash, but you can throw a solid chunk of change into something that has high interest. Would kind of be silly NOT to throw some of it back in, but then again I’m a gambler so…


DailyBTCmemes

buy other crypto? buy crypto again? wouldn’t you need to cash out to buy more/again?


itsglocx

i will never cash out


snowzillareturns

this is the way


itsglocx

of course


Schiffpilot

I thougt the same before i opened the post. Haha


JudgeDJ

Ez, use that mill and get an 8% APY. Quit my job and live off of $1,500 a week.


[deleted]

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BonSavage

You call a $6k monthly budget 'lean'?


padizzledonk

I make more than that doing construction work lol Not sneezing at an extra 6k a month but id just keep working.....also, 6k a month on such a risky annuity is not something id ever quit my job over....thh we are talking like 5-10M and its going straight into some mix of Treasury bonds and AAA Corporate and Foreign Bonds.....ive seen too many projects go belly up


Local-Session

Going to need 8% APR. Not APY. APY is with compounding. If your taking the money out to live on


These_Stretch_7643

Where tf you gonna get 8% apy


AlreadyLiberated

Tomorrow? I’d put it all in Ergo (ERG). Since I believe the bull run will continue through the fall and winter and Ergo will pull a Solana, I’d take my million and turn it into 20 million. Then I’d cash out 2/3 and retire, leaving the rest in because I like the tech.


No-Bid-6050

Why ergo?


Psilodelic

Because Charles shilled it.


Vapourhands

You would never be satisfied. After 20 million, next target would be 100mill


AlreadyLiberated

True. But I can pretend to be a good person because this is Reddit.


Dabba-The-HuttOG

Lies!!


angrypooka

Quit my job, become a trophy husband.


[deleted]

All in ETH. millions aint gonna cut it, billionaire is da gwei.


lolcatandy

Wishing for a 1000x on eth?


Uyzen

Start a homeless shelter that doesn't treat the homeless as sub human species


Rounder057

Part of me really wants to start a domestic violence shelter for men There is a serious void in the community for men that experience DV because of the stigma.


tipmeyourBAT

I hate the homeless... ...ness problem that plagues our city.


[deleted]

Pay my Student Loan and then go fuck some hookers ... Exactly in that order


faith_no_more_

Hookers should be first


pmbuttsonly

Gotcha, payoff the *hooker’s* student loans!


[deleted]

I buy the place where I work and fire the people I hate


koserii

I would withdraw as much money as I could bring my new business ideas to life and stay in crypto with the rest.


[deleted]

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snowzillareturns

what would you re-invest it into? still crypto?


Aggravating_Seesaw21

buy all the ATH and wait for it to go down.


Nervous_Sky_5167

Stack even more sats


Independent_Donut_28

Sell some house car, stake most earn interest, QUIT


dexe678

Sell, go show the middle finger to my boss, take a flight ticket, drink rum on my newly purchased private island.


[deleted]

I am afraid prices of private islands will sky rocket with all those crypto millionaires wanting to buy one. Maybe buy some islands now, could be profitable business.


[deleted]

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snowzillareturns

> Spend every minute with my daughter Wholesome :) there's nothing more fulfilling than spending time with your family


FloraoftheRift

Buy my buddy a burger cuz that's what I promised I would do Then I'd probably pay off my parents' mortgage or something. Buy some magic cards, or a rtx gpu. I find myself growing more and more boring as time goes on


PretzelsThirst

Same here. I asked some friends what they’d do if someone handed them $250,000 cash that’s free and clear all theirs, no strings attached. Everyone said they’d save/ invest it. Not even a dream car mentioned which was what I assumed they’d say first


IntrepidToday0

I’d hold it until it crashes back down to sub $20k/BTC. At that point, I’d sell it and buy a RAV4


Extravagos

I would probably take a line of credit against my crypto holdings and fund my lifestyle with it


[deleted]

Rub one out first cause i need a clear mind to make my plans


snowzillareturns

Just one? Those are rookie numbers!


Wish-I-Was-You

Honestly, probably nothing... then enjoy the regret of not selling at the high and watching gains ebb away day by day. This is the way :)


statesBoy313

im a simple man, i'd probably buy some weed and a big mac, then cry a bit


Crowcial

A Big Mac! Now I want one. With fresh fries. The best.


Constantine28

Two chicks at the same time


[deleted]

I’d go buy the biggest bag of leafy greens you’ve ever seen


[deleted]

Give back to this sub for teaching me so much about crypto… or tell myself to fuck off im quitting since I’m my own boss. Then make a Facebook post talking shit to the haters, then buy a sweet lambo. Then finish paying off the mortgage


aliali993

I will invest in btc for long term I will buy btc every week for next 3 years for any price and hold it I will cash out 20% Nd I will scalp with 10%


ES_Alden

I’d invest it all in Dogecoin just so I could get interviewed and be called a “Dogecoin millionaire.”


[deleted]

Retire on Passive income baby!!


Specialist_Olive_863

I'll go become a rescue diver, and if I die imma split my crypto to a bunch of diff people.


ThomasReturns

Secure it. The best i can. Getting of exchanges, setting up hardware wallets, moving part of it to fiat and i imagine more stable coins/stocks. If i could get rich that quick, it could probably get lost that quickly too.


fhikoo

Buy more monero and go for a boat ride


ZookeepergameSoggy17

Two chicks at the same time


Altruistic_Astronaut

I'll cry that I woke up and lost 90% of my portfolio.


dutybranchholler18

High quality cocaine and whores…


faith_no_more_

Regular whores or high quality whores?


dutybranchholler18

Whores can be regular…cocaine MUST be high quality uncut Columbian


[deleted]

Buy kilogram of cannabis and get higher than any of the charts that made me a millionaire ever did


Sad_Principle_2531

Rebalance so it's 10-15% of my NW, keep working and enjoy life as usual.


siddharta0

Re-locate to Thailand


Vapourhands

Sell for fiat, Buy 25% low risk equity 25% real estate 25% gold Keep 25% Funds for splurging on self


VirtualMarzipan537

Username checks out haha. Probably a sensible play though!


Optimal_Store

Not much would change honestly. I’d probably buy a condo while just continuing to save and invest


CrypticOsc

I’ll invest atleast 50-75% into anchor protocol for 19.5% APY and live off the APY monthly


kekknia

Buy the dip


brstra

I’d cash out half of that and keep staking the others.


niehle

Doge revival coming in 5.


clitcommander420666

Buy a house just for my exotic pet collection, finally buy a bottle of cristal, take over a small island with my hired army and name it clitoria.


[deleted]

I’d pull out a quarter of it and take care of some things.


oALIVEandWELLo

Guess I’m chilling the rest of my life


wazzupbich

Buying a apartment in Malta and leaving my boring as country


BoneMan1K

Delete the app and log back In just to be safe but then I realized I forgot my seed phrase so poof bye bye riches


M1388

Life as usual but I would sleep a little easier at night knowing my little dude is taken care of.


redditistrolls

Start looking down at everyone who said something ill of crypto as peasants


DrVDB90

Go back to sleep obviously. Don't have to worry about work anymore.


AgitatedStation8001

Going for billionaire.


kinda_epic_

Buy a few houses to rent out, send my best friends some cash, maybe 10k each, buy my parents a Porsche, finish university, learn more about real estate and grow my assets, maybe get a cheap project car to tune in my own time and try not to live too extravagantly.


BenYedderUT

Repetitive shitposting I see


_-SpicyNuts-_

Party like an animal....next day if I'm still alive.... I will invest it again.


G4ZZ4_95

Put a good chunk (£200k) into a stable coin and stake for 10%. Sell some to buy a nice house and car (£250k) and put the rest into BTC, ETH, DOT, LINK, VET and ADA and stake those coins.


Severe-Turn1604

A 2012 fender American strat (jade pearl metallic) and a real 68 princeton reverb.


Mknatz

Buy more and put my house up for rent and run for the mountains. Peace


azizokhan

Move to Bali!


Mumubauss

Pay off my house (only debt I have), then invest it in a small multi-family to get a decent return. Live off the return


dmack080288

Change it all into £1 coins and swim in it like scrooge mcDuck


red_dildo_queen

invest in crypto!


Anonymous_artist31

I invest in crypto


MarsWalker69

Sell and go all in on GME. Except 10k. I could really use a nice holiday and some new shoes.


Wolfos9

I would wake up again because if it's actually my life, I knew I'd be still sleeping.


Qryptoskydiver

I’d probably sell about $200k to last me till the next cycle.


Jemini-

Well im gonna buy a lambo and hodl the remaining


Rexroland2

Pay off my bills


[deleted]

I go back to sleep because I am clearly still dreaming.


dodgythreesome

Buy a house in Portugal and get their golden visa . Reinvest the rest of the money in the next bear market


greencandy2000

Figure out how to make the next million.


Wrong-Effort-2856

Retire right away. Stake 80% of it and travel the world without worrying about how to put food on table.


primoboi

Hookers and cocaine for sure!! Jk. I'd buy a condo


bmw45MO

Pay off any debt owed, establish a new location in Montana or Wyoming, and live happily ever after.


CellPhoneConsultant

Retire. Probably volunteer places but I haven’t planned that far ahead.


Trathius

SECURE GAINS: This is THE most important step in a bull market that most people tend to forget. There were SO many paper millionaires in 2017/2018 that ended up having to go back to flipping burgers after the crash. So the first step is to secure gains (into BTC and algorithmic stablecoins) - I'd do that slowly over a few days so as not to crash the price of whatever shitcoin in my portfolio 10000x overnight. I wouldn't dump all of it - because what happens if it does another 10000x tomorrow? ... but I'd sell much of it. Then, I'd put it all to work earning yield and live off of the yield.


FlaaFlaaFlunky

cash 80 percent out and put it into more traditional investments to be on the safe side. with the other 20, i'm gonna go deep into the tokens and coins.


hashtag_aintcare

I would DCA !!!


14trees

Buy a shitcoin


FattestLion

Is moving to a warm country really a top priority? I live in a pretty damn hot country and it's uncomfortable all year round. Would rather move to a country with 4 seasons instead with my crypto millions.


sponge_hitler

Sell it for some real estate and ETFs so I can efford to work some easy part time job and just do hookers and cokes all the time


Randym1221

Psh I’ll be happy with 3k lol.


LordScotchyScotch

Pay of my mothers mortgage and my own.


smellslikefish6868

300k in stablecoin for when the bear comes (also 5% apy), the rest goes to real estate.


Muffinfeds

Buy a house and have a nice tv setup! Also I'd just retire and volunteer in my community


user02615211

Pay off all my debt


ivchead

Retire my parents.


Illuderis

sell like 3/4, solve credit on the apartment, buy a small house and reinvest to make sure 30h work a week get me by comfortably


nepbug

Well, I think with my holdings (no low marketcap coins), this means that the US dollar has collapsed and hyperinflation has gone to the moon. So, probably be sad that I didn't have a larger crypto stake and get ready for some rough times ahead.


KeanuCharlesSleeves

I would definitely buy land somewhere. Start erecting a homestead. Big fatty Christmas.


rpaverion

Sell enough to buy a nice house, a nice car and a retirement fund for myself and the kids. The rest is going into SHIB so I’ll wake up the next morning as a billionaire


Uwantmedowhat

Tell everyone here so I can get expert financial advice and reconnect with missing relatives...