Bitcoin had a heart attack yesterday and is in critical condition. Steem and the rest of these digital coins followed in their bigger brothers footsteps. At the time of writing this... according to Coin Market Cap, Bitcoin is sitting at $5482 and Steem is sitting at $0.57.
If I were a betting man, and I had money to bet, I would buy bitcoin and steem somewhere around this spot. Likely not right here... as I think there is a bit more panic to happen first, but for the sake of the article and the arguement, let's buy right now.
The catch is that I need that money again soon. This is a short term bet as I see low bitcoin as an opportunity. So, here is my game:
I have $10,000. I don't need it until March 1. But I NEEEEEED $8000 by March 1.
I can invest in any crypto(s) I want. Or, I can hold my cash.
I don't want to think about it. So, sometime this week (before the payout) I need to decide what to do with my money and I am going to sit on it until March 1. If I don't have $8000 by March 1, TROUBLE, I go bankrupt.
If I have $8000 ok, good, it was a risk where I could have made bank, but didn't.
If I make over $10,000, it pays off.
RULES:
Tell me in the comment what you do with $10,000, take a picture of your price point that you bought in off Coinmarketcap.com. It must be before the 7 day payout period.
Whoever has the most money on March 1 gets the liquid SBD from this post. It must be over $8000.
If it is under $8000, we all lose.
If it is over $10000, I will double the prize.
I will comment pretty quick to show how to enter this thing.
If I win, I keep the money. If it is below $8000, I will donate the money to some worthy cause (help me out with suggestions.)
We are looking at some serious prize money here ;)