Does anything in your life really change if I give you 1m tomorrow?

You'd be stuck between a rock and hard place to prevent central bankers from robbing you blind.

I’m new to any sort of investing but I’ve known about Bitcoin long enough that I kinda hate myself lol

If I were to toss $2000 on Bitcoin in CoinBase or Robinhood with the intention of leaving it alone, would that be wise?

Git in there, partner!

Edit:

And when you get in there, just get in there. Yesterday I set a limit order (double my usual purchase) for 60.3k, and now at 66 I'm kind of annoyed. I don't want to cancel it and buy right now, and will find some annoyance if it continues to climb.

I started doing limit orders when I noticed that sometimes the price can dip 2-3k for a few minutes before bouncing right back. Total FPS for a long term plan.

I just really get off on the idea of scooping up 50k bonus satoshis. That might be really worthwhile someday

Addresses often get blacklisted. There are even bitcoin addresses now on global sanctions lists. If the criminals are smart, they can still mix the coins through various services. Ultimately they still point back through the inputs to the stolen amounts, but if they mix and obfuscate enough it could be tough to identify them as the thief.

Yes

How old are you?
What's your annual income?
What are your annual expenses?
Do you have any debt?
What are your long-term financial goals (e.g., buy a house, put x kids through college, retire by age x)?
What other assets and investments do you own?

Give us the answers to those questions, and we'd be happy to give you all of the following responses:
1. Yes, put $2,000 into BTC immediately.
2. No, it's a Ponzi scheme/going to $0 soon.
3. Try 80/20 BTC/ETH.
4. Try 20/80 BTC/ETH.
5. Beg, borrow, and steal everything you can and buy as much BTC as you possibly can ASAP.
6. Actually, it's better to DCA (dollar cost average) in over time.
7. Actually, studies show that DCAing is not optimal.
8. Coinbase has high fees and poor customer service.
9. Coinbase is the safest and most reliable exchange for newbies.
10. Robinhood won't let you move BTC out of your Robinhood account; why are you even considering Robinhood (not your keys, not your coins)?
11. DYOR (do your own research).
12. TINFA (this is not financial advice).
13. HFSP (have fun staying poor).
14. Four-year cycle theory.
15. Supercycle theory.
16. Lengthening cycles and diminishing returns.
17. Actually, all TA (technical analysis) is magical thinking; no one knows where the price is going.
18. Pure money, inflation hedge, digital gold, possible future reserve asset.
19. China FUD (fear, uncertainty, doubt), energy use FUD, regulation FUD.
20. Institutional investors, MicroStrategy, PayPal, Square, El Salvador, ETFs (exchange-traded funds).
21. HODL, moon.

Pretty great summary of trying to learn about BTC.

Once you've bought some coins you might want to transfer them to a cold wallet. It's not only safer, but it discourages you from trying to "sell the top" as well. One or more of the abovementioned sites such as Nexo or Ledn could be a good choice too.

I'm new to investing in crypto, please help.
I've got $2500 of Bitcoin on Cash App and signed up for Mark Cuban's Voyager app with $100 in Bitcoin, $100 in Ethereum, and $100 divided amongst 10 others for the free $100 they were offering.
Should I move these to Coinbase?
How the hell do you move your bitcoins to a Cold Wallet?

I'm maxing out a 401k and IRA and have $1750 per month left to invest. What do I do with this money?

make note that bitcoin is one of the most volatile securities ever made. that means it can and has dropped 90%+ practically overnight. be careful sweetheart.

I think Nexo was named in the NY AG papers.

Lol .
If you can’t live and retire with 1 Millions US$ and live a comfortable life , you have issues .

Yeah 1 million$ gift right away and my life changed dramatically!
Ps: obv I wouldn’t live in New York or California .
Im not scared a being rob by The fed .

I'd say 1 million dollars is more than what 99% of the world population earns during their entire working career....

ATH

Yes, but I'd deposit it into ledn and earn an additional 6.1% APR.

BTC and ETH both hit ATH in the last hour.

$69,420 is so close!

How would you retire on it..? Dividend stocks?

you can annuitize it - may be -ev for your benefactors but could easily retire off 1mm

How would you retire on 1M as a serious question, what in the ****. How am I supposed to take any subsequent posts seriously

If you guys are retiring with 1 million do you plan to die broke/with very little?

or do you live in some impoverished country

Dude 1m in 10 years will be very average amount

In 30 years you will have nothing

By "retiring" I mean taking it out of high risk investment and putting it in low risk/cash. Gl retiring off 1m. You will have to work again.

You have a bad view about retiree investment if you think cash and bonds is the way to go.
The only problem with high cash amount is inflation and this can be easily counteract .

Lot of people do not have 1 millions in cash and still can retired