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What Is Your Exit Strategy?


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37 minutes ago, Ripple-Stiltskin said:

So?   Is it 2020 yet?  Does your and my bank represent all 25,000 banks worldwide? 

mate, I'm not having a dig, I am just linking a story to Brad's prediction that 2019 would be the year of Banks becoming custodians.

I know of no Banks in Australia that are offering this, and you mentioned the Dutch SEC put a hold to it.

Let's face it, 2019 is coming to a close pretty quick, banks move so slow I am not sure what will change between now and end of year.

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1 hour ago, Freaky said:

Let's face it, 2019 is coming to a close pretty quick, banks move so slow I am not sure what will change between now and end of year.

So what you’re saying is that there’s a  chance Brad’s prediction might not come true and that we cannot be sure what will change between now and end of year? 

Ok, thanks. 😇😆

 

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13 minutes ago, Ripple-Stiltskin said:

So what you’re saying is that there’s a  chance Brad’s prediction might not come true and that we cannot be sure what will change between now and end of year? 

Ok, thanks. 😇😆

 

Yes, I'm as clever as Einstein.

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@XRP_Almighty_Q Whether XRP can attain this price is irrelevant.  You have a legit question here.  Usually US Treasuries and to a lesser degree Municipal bonds are the safe bet to store a ton of cash.  Income producing real estate and Utility stocks are also a good choice and you might consider blue chip stocks that pay a decent dividend.  You will probably want to spread your $50 mill around so it is diversified, but there are Wealth Management specialists that will help you so don't worry. 

Me I would just buy a vault filled with gold coins so I could dive into it like Scrooge McDuck.

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My biggest advice to everybody here is to have AT LEAST two trading accounts with the highest trier verification. It's better to split your millions to several exchanges when you cash out. It is very possible that some of the exchanges will have infrastructure problems from the high traffic. You also don't want to hold millions of IOU $ on an exchange with a cashout limit of 50,000$ per month, so make shure to have a high withdrawal limit! This is very important guys! One thing is for shure, the price rise will not be slow and steady, it was never slow and steady - so be ready

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On 8/2/2019 at 3:12 AM, 2ndtimearound said:

$800K left.  I'd put $500K into gold/silver and treat that as my savings account over the next 20 years.   I'd put $250K into other investments and leave $50K in the bank. 

How would you buy the 500k gold/silver? Physical and store it in a safe. Or commodity papers? Do you think the value will grow significant in the next 20 years?

What kind of investments would you put the 250k? Single stocks? Cryptos? ETFs?

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