Do I Buy Crypto Or One Of The Most Expensive Watches In The World?

in #money6 years ago (edited)

I think most cryptocurrency enthusiasts will agree there is no investment quit like a cryptocurrency investment in this day and age when it comes to having to decide where to park one's capital.

I cant help but think every time I buy anything from a glass of orange juice to an expensive brunch at my favorite hotel or go to the movies, dropping $50 like it's nothing, of the money I could be saving to invest into crypto and what that money would look like doing 10x if it was spent on cryptocurrency instead of on anything else in life. I am speculating in the next 5 to 10 years the majority of cryptocurrency investments sitting in crypto like Bitcoin should see significant returns from what people are paying for at today's rate.

In other words, do I want to buy one box of orange juice at the grocery store today? Or do I want to buy 10 to 100 box's of orange juice in the future when Bitcoin increases in value?

Do I downgrade my house or apartment to live in something more modest secreting away cash to put aside money for crypto month by month?

Or do I do something foolish like acquire one of the following watches below for myself or one of my friends today, in the hopes that perhaps one day the watch will be worth more than what my crypto was valued at the day I dropped the money on the watch when I could have bought Bitcoin instead?

In other words, there's nothing like taking a walk on a sunny day and enjoying the fresh air or traveling to one's favorite museum to admire beautiful artwork on a Sunday spring morning in Paris or in some instances dropping 500,000 to 1.5 million u.s. dollars on a fantastic over the top wrist watch.

I can't help but think if purchasing a snowboard or a new car or an over-the-top luxury vehicle or wrist watch that the purchase what ever it may be is going to come at the expense of investing in more crypto like Steem or Bitcoin.

I'm starting to consider that perhaps it's better to blog about how beautiful and well-crafted these watches are rather than dropping whatever potential money I could use for future investments in the cryptocurrency realm then on items that might not mature as quickly in value as for example a single Bitcoin for instance over the next 5- 10 year investment cycle.

Richard Mille is an outstanding brand of luxury switch watches founded in 2001 by Dominic Guenther as well as Richard Mille

Selling some of the world's most expensive watches, I would consider any one of these timepieces to be works of art as much as they are a watch.For anyone lucky enough to own one of these and hold some crypto at the same time, cheers! You are doing it right!

A Richard Mille watch can cost anywhere in the range of 150 000 US dollars all the way up to 2 million u.s. dollars, that's an awfully lot of potential investment for things such as cryptocurrency, especially if one is speculating on cryptocurrency like Bitcoin doing 10 times it's value in the very least from what it's worth in these times right now.

Of course this article is going to be time-stamped when it's published on the Steemit blockchain and anyone who happens upon this article and potentially reads it is going to figure this out shortly one way or the other.

Thanks to the magic of the Steemit blockchain and social media platform this article will serve as a benchmark to reflect upon in the future whatever scenario should unfold.

In the meantime in my case it is not a very difficult decision to have to make. I'm going to be holding on to what Bitcoin I have, I might have enough for a Swatch if I really add it all up so, either way I will just stick to the blogging and enjoying these fantastic images of engineering and artwork such as we are seeing from the amazing watch collection of Richard Mille.

If you have a favorite, share it below! Have a great week, thanks for leaving a comment.

Written by Jazmin Million

Sort:  

Every word you type since the beginning is so close to the way I think on a daily basis)

It's probably me but I'm not a watch person. So I would park my money in other things.

Congratulations @jazminmillion! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You published more than 100 posts. Your next target is to reach 150 posts.

You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

@steemium purchased a 20.56% vote from @promobot on this post.

*If you disagree with the reward or content of this post you can purchase a reversal of this vote by using our curation interface http://promovotes.com

About 63.68$ has been spent to promote this content using Steemium.
Learn more here!

Sorry, have to write the same thing again:

Hi. It's my first day here on STEEMIT. The idea of a more democratic social media platform convinced me to open an account. I'm not a big fan of the tech giants and I'm looking forward to a new era of the internet.

But hey, it seems that many posts are just here to make money. Are you saying I can pay for your service and will get rewards, than I paid?

Is this the idea of the revolutionary social media?

I'm confused now..

You got a 22.09% upvote from @spydo courtesy of @steemium! We offer 100% Payout and Curation.

You got a 21.39% upvote from @brupvoter courtesy of @steemium!

This post has received a 21.02 % upvote from @boomerang.

Thank you so much for using our service! You were protected from massive loss up to 20%

You just received 30.23% upvote from @onlyprofitbot courtesy of @steemium!

Want to earn more with us? Our APR can reach as high as
15% or more!

More portion of profit will be given to delegators, as the SP pool grows!

Comment below or any post with "@opb !delegate [DelegationAmount]" to find out about current APR, estimated daily earnings in SBD/STEEM

You can now also make bids by commenting "@opb !vote post [BidAmount] [SBD|STEEM]" on any post without the hassle of pasting url to memo!

* Please note you do not have to key in [] for the command to work, APR can be affected by STEEM prices