What Will I Do if I Were To Receive 1,000 BCH?
So this article is inspired by the article miss @imanagrcltrst wrote, click here. Alright, so In this article we will have a hypothetical question;
what will you do if you were to receive 1,000 BCH?
So, what will you do if you were gifted with 1,000 BCH out of nowhere? Like one day you will wake up with the notification from your crypto wallet saying you just received 1,000 BCH? Very unrealistic and unlikely to happen right? xD But that is why it is called a hypothetical question, or in other words, it's like what will you do if you were to win a lottery, right?
As of today as I write this article, BCH has hit its lowest so far in my journey with it. With the current value of 1 BCH to dollar is; 238.00 USD so 238 x 1,000 that would sum up to the total of 238,000. USD. Or in Philippine peso it values to 12,477,290 Pesos or let's say the value will be at the highest I've seen it, which is 700 USD, so 700 x 1,000 = 700,000 USD or 36,669,150 Philippine pesos. But whatever the value of BCH right now, whether it's 238 USD or 700 USD. The total would still be crazy and out of this world for me!
So, what will I do with 1,000 BHC?
Okay for now we will do this with the current value of BCH as of May 10, 2021, so that will be 238 USD x 1,000 = to 238,000 USD or in my currency, Philippine peso. That would be 12,5 Million Pesos. And YES, this is indeed a lot of money. But what will I do with this much money? Let's tackle this question!
Build an Art Studio
I would build my dream art studio. A studio where I can fill with all my artsy stuff, decorate and many more! I would do murals, and make it as artsy as my heart desires! It has always been one of my dream ever since I started my art journey. And It's also not like I have my own room now to turn into an art studio :,> so yeah hihi
Invest more on my small business.
I already have a small online business on Shopee, I could invest more on maybe adding more products. More variation, etc.
also I'll purchase some ads on Shopee to boost my products on their platform. And maybe hire someone to help me with the production as my products are all handmade from scratch uwu
Purchase my dream art materials
As an artist I always have my dream art materials I'd love to purchase. And yes, art materials aren't cheap at all. Especially those high grades and high quality one :'>
Here are some examples of the art materials I'd love to buy:
Arches artist grade watercolor paper
Daniel smith Watercolor tubes.
Higher quality watercolor brushes.
And many more of course but these are the first thing I'd definitely buy. Just to satisfy the artist in me even tho I rarely get to paint now due to busyness ;^;
So if you eve questions why artist have "high" prices, look at how expensive are the materials uwu.
Save for the future
And we all know that saving is important, i would save around 60% of it into a bank so it can sleep for a while.
I'm also a minor so id prefer to just save most of it so i dont go on an impulse spending spree. I dont want it to vanish in just a blink of an eye like how people who won lottery mostly do. Lol
Do some investing
I don't really have a vast knowledge regarding investing along with crypto investing, so I'd probably reach out to someone to do it for me, like a broker per se.
Investing is important, as it's much better than letting your money sleep all year in the bank with so little interest!
Travel to other countries!
And of course, as a gall who has never rode a plane to go outside the country, i would love to visit other countries! Such as south korea and japan.
And eat bunch of foods there! XD apart from the travel it self, I'd be mostly looking forward to eating tons of food mwhehehe.
Donate to charities!
Last and not but the least, its really important to help and and give back to to charities! I'm not sure yet which specific charity yet but I'd say mainly those who help feed the children's.
Ending thoughts
Thats the end of our plan if i ever receive 1,000 BCH! like I've said id put majority of it into savings, and also do some investing on the side. Spend your money wisely ๐
You should do your version of this as well! I'd love to read what will you do if you ware to receive 1,000 BCH out of the blue.
Thank you for the mention, mareee! ๐
Who would know? Malay natin magkatotoo talaga, dibaaa? For now, hustle lang nang hustle. Grabe, you're into arts pala. Galinggg! Gusto ko din magka-studio pero related pa din sa course ko sana. Hehe~