Business ideas with 60 Bitcoin? What would you do?

Kambal2000

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Quote from: Wipeout2097 on January 04, 2020, 11:08:43 AM

Quote from: 60BTC on November 08, 2019, 11:14:08 AM

If someone has 60 BTC can he start a decent crypto business to make passive income? Please share some business ideas.
What would you prefer? Casino/Sportsbetting/Wallet/Exchange and which has the highest earning potential?
Provided i have funds - 60BTC and no knowledge regarding business and i am not a designer but i want to start my own crypto business. Where can i start? Where can i find and hire team for myself like designers/developers etc to start my business? I know good team can help the business grow but bad team can ruin everything so what are the things to look for before starting a business? Where to get the business partners with good ideas and genuine team? Where would you start from if you are in my situation. Please share your opinions in this thread

No doubt best team behind any project make great things,Already you found your answer in your question. Being own boss and freedom better than to get stuck where you dont belong.I would suggest learn abut trading and just invest in different legit platform in staking and just sit behind the screen to watch your income.

Trading will give a way and purpose of life so educate yourself to learn all abut trading and start earn with your funds.

It's really a big sum of money, which I think I won't take risk in just investing in crypto or just to make it as my capital in trading, I would rather invest it in real world by having my own company, I will start my own, save some for the future and in case of emergency as well as invest just a few percentage of in cryptocurrencies such as Bitcoin and Ethereum.

Wipeout2097

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Quote from: 60BTC on November 08, 2019, 11:14:08 AM

If someone has 60 BTC can he start a decent crypto business to make passive income? Please share some business ideas.
What would you prefer? Casino/Sportsbetting/Wallet/Exchange and which has the highest earning potential?
Provided i have funds - 60BTC and no knowledge regarding business and i am not a designer but i want to start my own crypto business. Where can i start? Where can i find and hire team for myself like designers/developers etc to start my business? I know good team can help the business grow but bad team can ruin everything so what are the things to look for before starting a business? Where to get the business partners with good ideas and genuine team? Where would you start from if you are in my situation. Please share your opinions in this thread

No doubt best team behind any project make great things,Already you found your answer in your question. Being own boss and freedom better than to get stuck where you dont belong.I would suggest learn abut trading and just invest in different legit platform in staking and just sit behind the screen to watch your income.

Trading will give a way and purpose of life so educate yourself to learn all abut trading and start earn with your funds.

Aikidoka

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60 BTC is really a huge amount of money, and you can do a lot with it. If I was you I'd probably go for buying real estate because it's like an amazing investment which we all know that real estate will be more expensive over the years, I'd probably save more money to use them to trade or just thinking of the long term holding of bitcoin. Risking is good sometimes as well, but I'd better to not take a high risk in like gambling or not guaranteed things.

Asuspawer09

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Quote from: 60BTC on November 08, 2019, 11:14:08 AM

If someone has 60 BTC can he start a decent crypto business to make passive income? Please share some business ideas.
What would you prefer? Casino/Sportsbetting/Wallet/Exchange and which has the highest earning potential?
Provided i have funds - 60BTC and no knowledge regarding business and i am not a designer but i want to start my own crypto business. Where can i start? Where can i find and hire team for myself like designers/developers etc to start my business? I know good team can help the business grow but bad team can ruin everything so what are the things to look for before starting a business? Where to get the business partners with good ideas and genuine team? Where would you start from if you are in my situation. Please share your opinions in this thread

I don't recommend making some kind of cryptocurrency business like exchanger, websites or gambling websites since it was a huge risk for your money. A lot of these websites are already close because of the lack of users on the websites. I think the best investment is passive investments like apartments if you invest in this kind of investment you could make sure of passive profit monthly also I think franchises are also a great business to start will your money.

cryp24x

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Personally, I prefer to create a mobile wallet and a digital currency exchange. Since most businesses were based on projects and gambling. Best way to make the cycle is to provide services to convert fiat to crypto and vice versa. This way, we can really have a healthy Crypto environment.

dimox

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i dont like casino, but it will be the best offline income. many people will join and play, though they dont know about bitcoin, you can provide that service, you can explain or make deposit via crypto, but you must introduce, explain, and make them know how to use it.

crisanto01

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In my opinion 60 bitcoins is too much for a business. Beginners would lose all the money and won`t get the profit. Everyone should begin from a small amount of money to understand how to double and t triple the money, without big investings. I can say that there are some business ideas which don`t need money at all. Now internet provides us such abilities. For example I found blog about hustle ideas. They are great. i even started few from here, and I get extra 2000$-3000$ per month. Read it carefully, guys.

You need to have some financial adviser if that happens, when you have 60 Bitcoins, it is still a lot of money especially here in our countries, you can already buy house and lot, a brand new car and can already have a lot of business, if that happens, that is what I will do the 60 Bitcoins too, and of course don't forget to save for future.

tianglistrik

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Quote from: tungaqhd on January 02, 2020, 12:27:59 AM

Quote from: 60BTC on November 08, 2019, 11:14:08 AM

If someone has 60 BTC can he start a decent crypto business to make passive income? Please share some business ideas.
What would you prefer? Casino/Sportsbetting/Wallet/Exchange and which has the highest earning potential?
Provided i have funds - 60BTC and no knowledge regarding business and i am not a designer but i want to start my own crypto business. Where can i start? Where can i find and hire team for myself like designers/developers etc to start my business? I know good team can help the business grow but bad team can ruin everything so what are the things to look for before starting a business? Where to get the business partners with good ideas and genuine team? Where would you start from if you are in my situation. Please share your opinions in this thread

I think trading is the best option but it is risky, you might lose your money. You can create a service/ website where allow people to exchange Paypal/ Perfect Money with your Bitcoin.

actually in business we can do many things that certainly follow the capabilities possessed, if large funds then we can also divide some funds into several businesses or focus on one business and think about the developments that will be made in the business

tungaqhd

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Quote from: 60BTC on November 08, 2019, 11:14:08 AM

If someone has 60 BTC can he start a decent crypto business to make passive income? Please share some business ideas.
What would you prefer? Casino/Sportsbetting/Wallet/Exchange and which has the highest earning potential?
Provided i have funds - 60BTC and no knowledge regarding business and i am not a designer but i want to start my own crypto business. Where can i start? Where can i find and hire team for myself like designers/developers etc to start my business? I know good team can help the business grow but bad team can ruin everything so what are the things to look for before starting a business? Where to get the business partners with good ideas and genuine team? Where would you start from if you are in my situation. Please share your opinions in this thread

I think trading is the best option but it is risky, you might lose your money. You can create a service/ website where allow people to exchange Paypal/ Perfect Money with your Bitcoin.

altcointalk14

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The best business you can do with bitcoin is to hold them in your digital wallet. There are many who aim to get 1 bitcoin, you are lucky to have 60 bitcoin straight away. My advice is not to look here and there just HODL. Currently price of bitcoin is low you may sell if it crossed 15k$ and double your investment.

TedMosby

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https://bitcointalk.org/index.php?topic=5274318.0

maybe, a crowdfunding platform for a real thing that can give you monthly dividends.
It can be a property, service, or anything else.

Kambal2000

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Quote from: angrybirdy on January 01, 2020, 02:23:56 AM

Quote from: msarro on December 31, 2019, 12:17:35 PM

If you have 60 bitcoin why don’t you just hold on? 60 bitcoin means you have (7000$ x 60 = 0.42 Million $). If I have 60 Bitcoin then I will prefer not to invest them in risky things like casinos or betting. More important is at what price you got these coins. If you have bought them at around 5k$ then you may sell some of them and have a world tour. Enjoy

Op wanted to have a stable income, so holding on is out of his option. Gambling is also out of the option, it will be a waste of time and money as well due to its risk.
I don't recommend what you have said that he can sell it just to enjoy a world tour. It is not a good option to enjoy while seeing your money to slowly run out without getting any business or having a stable income Wink

It would be better if op will withdraw it and build his own business like transportation service, real estate, etc.

I would also not risk the 60 Bitcoins to just holding or investing in cryptocurrencies, we knew how too risk crypto is, so I really think it is not that much practical, better to use it in a traditional business as you will have sure that you can see and you can still be able to manage and grow it, depending on you.

angrybirdy

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Quote from: msarro on December 31, 2019, 12:17:35 PM

If you have 60 bitcoin why don’t you just hold on? 60 bitcoin means you have (7000$ x 60 = 0.42 Million $). If I have 60 Bitcoin then I will prefer not to invest them in risky things like casinos or betting. More important is at what price you got these coins. If you have bought them at around 5k$ then you may sell some of them and have a world tour. Enjoy

Op wanted to have a stable income, so holding on is out of his option. Gambling is also out of the option, it will be a waste of time and money as well due to its risk.
I don't recommend what you have said that he can sell it just to enjoy a world tour. It is not a good option to enjoy while seeing your money to slowly run out without getting any business or having a stable income Wink

It would be better if op will withdraw it and build his own business like transportation service, real estate, etc.

msarro

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If you have 60 bitcoin why don’t you just hold on? 60 bitcoin means you have (7000$ x 60 = 0.42 Million $). If I have 60 Bitcoin then I will prefer not to invest them in risky things like casinos or betting. More important is at what price you got these coins. If you have bought them at around 5k$ then you may sell some of them and have a world tour. Enjoy

Dabs

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I would not get real estate itself to hold and rent out. I'd be more inclined to invest in a real estate business or buy some REIT instead. Much less headache, sorta stable income, almost like dividends. Speaking of dividends, I'd maybe put that into some oil pipelines. Those things have at least 6% to 7% (per annum) dividends paid monthly.

ubercool

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If you're ready to take risk then there are many people here who can pitch their idea but if I were you then I would probably try n trade a little, may be 5% of it in alts and try to make a profit.

imutlinda

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Quote from: Vishnu.Reang on December 31, 2019, 02:18:34 AM

In normal cases, the success rate of a business startup is somewhere around 10% to 15%. However, in case of startups related to cryptocurrency, the success rate is even lower, in the range of 5%. So first you need to decide whether you want to take this much risk or not. My personal opinion is that cryptocurrency itself is a good investment option, and if you hold on to your coins for 3-4 years, then you will be able to get good ROI.

in the business world there is always a risk and when we start a business we must be willing to do these things. so in the business world basically we have to keep thinking, to develop, hold, and much more. but if indeed we really want to do business then I think try it first and we will know ways to develop our abilities in it

TitanGEL

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Quote from: DevilSlayer on December 30, 2019, 11:41:42 PM

Quote from: Twentyonepaylots on December 30, 2019, 11:15:36 AM

Quote from: trickshot22 on December 30, 2019, 07:27:41 AM

60 Bitcoin is an enormous amount and potentially enough to build your own business in cryptography. Nonetheless, if you don't have any idea where to get a team, it would hardly create a business. It's easier in this world if you build a trustworthy team that can do the job properly. This place is full of frustration, so if you don't know enough about these things then your 60 BTC might be in vain. To begin with, you need to gather as much information as possible, make a reference plan or roadmap. The best option is just not to restrict our crypto business, you might be able to use the fund to buy stocks on the market.

If I would have that huge amount of BTC I would not build a business from where it came from, there is a huge potential of business in here in cryptocurrencies but with the competition that is giving birth to more and more shit coins and projects gives me chills to the bone. I would convert that up into fiat and work my ass out on a physical business, I'm not really considering to have a business in here.

60 BTC is a good capital but it is not enough in order to build an exchange or a gambling site so the best way to use it is by withdrawing it and build a business that can give us passive income. The best investment vehicle for me is real estates and also a manufacturing company. If I have that kind of money then I will start my own business that can generate huge amount of cash flow in my asset.

With 60 BTC we can create a gambling site there, the gambling sites are becoming more popular and the users over the years are keep increasing but there is a problem and it is the stiff competition in the market. There should be a good marketing team that can promote the gambling sites in order to survive in stiff competition. I want to have a gambling sites in the near future but the investment is really sucks because I'm aware that I need a huge amount of money.

Vishnu.Reang

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In normal cases, the success rate of a business startup is somewhere around 10% to 15%. However, in case of startups related to cryptocurrency, the success rate is even lower, in the range of 5%. So first you need to decide whether you want to take this much risk or not. My personal opinion is that cryptocurrency itself is a good investment option, and if you hold on to your coins for 3-4 years, then you will be able to get good ROI.

Murat

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How rich you are already, I think you don't need to start a new business in this system, if I were you then I would divide into two part of this amount, I would like to withdraw half of this portion in order to invest in buying some land and another portion would invest for holding for a long term period, I think land business and Bitcoin holding are both profitable and less risky in this current situation, but I know a lot of people suggest you invest for the exchange creation or Blockchain-based project and so on.

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