Who doesn't like to have Bitcoin BTC? For people who's up for profit and doesn't mind it's crippled technology with slow transactions, high fees and congested network will always scream if they'll be given BTC even if it's only small amount. Considering it's current price that undergoes serious correction, it is still very high compared to last few years.
Right now, $BTC is around $29,726 per Bitcoin as of writing this article and if I have 0.497 BTC in my wallet that is around $14,774.822 and 768,238.74 in Philippine peso with 52PHP per $1.
What shall I do with 768,238.74 Pesos?
Having that amount is alread huge in our country, it only needs 231,761.25 to complete 1 million pesos, that will be a life changing opportunity for a 3rd world country citizen.
With the current market situation it's uncertain if it's going to up or not, so I'll just sell it all.
So here's the things I'll do if ever I have that amount.
Invest in stock market - it's been my plan to enter stock market as it is not that volatile than crypto and you can chose stocks that are already solid company and is around for many years. I'll invest 150, 000 in stock market. I'll surely chose only blue chip stocks, to make sure I'm investing on good company.
Buy a lot - I will buy lot in our province so I can have our own house in here, so that my mom will be at ease as well because we are living in our own house. Currently we are living in my aunt's house and she's not comfortable with it, even me because you know it's always great to have your own lot. The amount of lot in here is probably 150-200,000 10 by 15 in measurement. Buying a lot now is quite expensive.
Build a house - after buying a lot I'll proceed on building a house, that'll will probably cost 300,000 or 350,000 pesos.. not that big but enough to live comfortably.
I'll share a little- Upon computing all it's already 700,000 so I only have 68,238 left, then I'll just use the half amounts to share with my relatives, friends or etc that needed a little help. It's always a dream for me to help other people too, if I have that amount I would probably help if I can.
I'll take a vacation - half of the 68k I'll spend on having vacation, go to the beach to unwind and relax. After all the hustles and hardworks I deserve to have a beautiful vacation with my family.
Those are the things that I'll give priority if I have that 0.497 BTC in my wallet, I don't want to left any for the sake of thinking it will go up because I have other coins that I believe will take off such as BCH. Most importantly I've set amount for investment on it as well which is on stock market not in crypto.
Avoid getting scam or hacked
All of this are just wishful thinking after receiving this phishing email that I'll have 0.497 BTC available for me to claim after filling up something that I don't know.
Of course, I am not stupid to click the bait. Nobody will give you that amount for free for pete's sake, so we should be careful not to click the link.
After I took a screenshot on it, I deleted the email immediately to avoid clicking the link unintentionally.
Scammers are getting insane finding ways to loot other people's money, using BTC as a bait is very attractive and tempting, anyone who are curious about it will fall on their trap especially those who have online wallets, crypto wallet, or online banking.
Everyone should be careful not fall on their scheme, be vigilant and be safe because in crypto scammers are rampant!
Sorry for the title, it's just click bait haha! At least you'll be warned not to be scam or hack!
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Date Published: May 14,2022
Once they almost did it to me, but luckily I stopped in time. your post is great, I hope it reaches many people.