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Topic: Business ideas with 60 Bitcoin? What would you do? - page 3. (Read 1094 times)

hero member
Activity: 2086
Merit: 501
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If I get 60 bitcoins, then I will put 80% on investing in bitcoin, thereby I will make a profit. The remaining 20% ​​I want and buy what I want. This is a very great option. From investments, further fix the net profit and live on it.
If I were you I will invest it on good investment in real world where you can buy for example taxi, just buy a lot of taxi where you can get by getting some rent on it everyday so you'll help some person and specially you. Think some passive income and the rest you can start to learn trading.
sr. member
Activity: 1274
Merit: 278
If I were you, I will hold 50 bitcoin in a hardware wallet, and use 10 btc to trade. I don't want to build a new crypto business because I don't know how to get a good team to build that. But I can try to trade with that 10 btc, and I guess that I can increase the bitcoin amount because I see that the market now is good for trade. Still, 60 bitcoin is a large amount of money, so I will be careful if I want to invest in anything because by holding 60 bitcoin itself will give me huge money in the future.

I wonder what is the feeling if you could see the conversion of money amounting to 10BTC in the market with huge volatility. For me, trading this huge amount of bitcoin will be a though job. You need allot of calculation or else, you will conduct a long term trading of bitcoin to ensure a great profit. Imagine, your starting investment is too big, meaning to say that you have a huge chance of getting the most out of the market and at the same time, if you fail from panic selling, you could lose allot as well.
sr. member
Activity: 1050
Merit: 277
I think you should invest offline. You have not told us your skills and your post is not as detailed as ot should be in order to filly understand and help you. I think invest in a local business or perhaps something you are good at you can try out. You want to be able to have a partner or something and you do nothing and just get interest. Maybe a partner is a casino could be a good idea. I think someone you know in person is best. Not always that easy to find though. Don't invest everything. Keep most of what you have in bitcoin. You already rich so just be careful.
sr. member
Activity: 700
Merit: 257
If I get 60 bitcoins, then I will put 80% on investing in bitcoin, thereby I will make a profit. The remaining 20% ​​I want and buy what I want. This is a very great option. From investments, further fix the net profit and live on it.

It's up to you,but if I were you don't put all the 80% to Bitcoin, that's very much large amount of money, I will just put 20% to crypto, 30% for savings then 50% of it will be allotted for traditional business and start my journey there, 60 Bitcoins really enough money for me, and won't ever risk it in just investing majority of it in crypto.
jr. member
Activity: 154
Merit: 1
If I get 60 bitcoins, then I will put 80% on investing in bitcoin, thereby I will make a profit. The remaining 20% ​​I want and buy what I want. This is a very great option. From investments, further fix the net profit and live on it.
sr. member
Activity: 1456
Merit: 267
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if I have a lot of bitcoin, I will use some of it to open a business, for example, selling tools or food. and others are invested and also do daily trading, because if you do both simultaneously it might be better even though time will be drained a lot
If I have that amount now, I will use portions of this assets to deal with other business and not just focusing with crypto. There's e-commerce where you can also got the chance to integrate crypto with your business and I, you can accept payments using Bitcoin while expecting for good benefits with your business.
hero member
Activity: 1932
Merit: 506
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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  Smiley
Base on your statement I can conclude that you have no deeper knowledge about crypto currencies so what I can suggest for you is to study first what is crypto currencies then I am sure that as time passes by you can find the best answer for your question.

Here is my little advice, 60btc is not enough to start a proper exchange especially if you will not launch an ieo or any type of fund raising first so you can take it out to your choices. The same with casino or sports betting as it will need a huge amount as capital in order to fully operate without any problem.

The best option for you is gather your own team and launch an ieo or any type of fund raising then proceed to what you want to create either casino,exchange or any that you like as 60btc is a very small amount as capital.
sr. member
Activity: 625
Merit: 258
I would invest into some other coins as well (as business investor).
Buy some market stocks and go for a Casino on cryptocurrencies.

It all depends on your vision and what information you have at your disposal.
Also if you are looking for a team make sure you know some good people specially here at Bitcointalk that are willing to become part of yours.

You could also do some gambling and becoming a professional gambler.
sr. member
Activity: 560
Merit: 256
If you have 60 bitcoins in your hands, congratulations! You will start your business and become rich thanks to bitcoin. Many analysts and professional traders believe that Bitcoin will soon return to a price above $ 10,000 early next year. Analyst Philip Swift predicts that early next year the market will see Bitcoin return to five numbers. If I hold such a large number of bitcoins, I will have a specific business plan for me. However, you need to be careful with possible risks.
sr. member
Activity: 1876
Merit: 259
For me with that much money, there is no need to take risks for business in crypto, because there are still many business opportunities in the real world that can generate passive income.
What is clear is to find people who are skilled in the fields that of course you know too.
hero member
Activity: 1470
Merit: 502
if I have a lot of bitcoin, I will use some of it to open a business, for example, selling tools or food. and others are invested and also do daily trading, because if you do both simultaneously it might be better even though time will be drained a lot
hero member
Activity: 2604
Merit: 816
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If I were you, I will hold 50 bitcoin in a hardware wallet, and use 10 btc to trade. I don't want to build a new crypto business because I don't know how to get a good team to build that. But I can try to trade with that 10 btc, and I guess that I can increase the bitcoin amount because I see that the market now is good for trade. Still, 60 bitcoin is a large amount of money, so I will be careful if I want to invest in anything because by holding 60 bitcoin itself will give me huge money in the future.
legendary
Activity: 2912
Merit: 1068
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60 Bitcoins is a big amount of money and you don't need to invest all of that in business. Keep something as a long term investment.
If I were at your place I would invest in some real life businesses, not online virtual business. The type of business also depends a lot of country you live in and what is your knowledge and experience about any business. From my perspective and place where I live construction companies are very profitable as well as ICT startups.
I wouldn't suggest that you start lending business, it's too risky and too big chances for potential losses.
full member
Activity: 2548
Merit: 217
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  Smiley
i would rather to use that 60 bitcoin for LEnding services because i know there are many borrowers here in cryptospace,but i will choose limited borrowers because there are tons of scammers here in this forum so i will prefer having collateral than lending without any specific assurance not unless the one who will borrow are trusted person of this community.
copper member
Activity: 658
Merit: 402
I would invest in any business.
what kind of businesses where you will invest your 60 bitcoin if ever you have it. 60 bitcoin is enough to provide anything you want and you can also buy a house with that amount of bitcoin but for me, maybe I will make lending businesses with that bitcoin and then make that as my capital on store businesses then the profit that I will get in that business will use to buy bitcoin.
legendary
Activity: 2898
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
60 btc with no knowledge how to build business related to cryptocurrency could be so danger because starting bussines with no knowledge similar such as gambling so you can lost your money in the short time however in my view the business should be based on your passions and your own interest and it's necessary because with from the passions we can more excited to do it
newbie
Activity: 56
Merit: 0
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  Smiley
What kind of Business do you know? Some will advise you to run a casino or sports betting site or maybe run an exchange but question is do you how to run those because if not, don't even try because there's a high chance that you will fail. Put that BTC in a business that you know. If you wan't to be safe, with that amount of money, you can buy a franchise of a known fast food chain and money will come to you.

By the way, the idea of a franchise is the safest investment of 60 Bitcoins among all the above options. I like buying a franchise, it does not require as much knowledge as, for example, to open your exchange
legendary
Activity: 1834
Merit: 1036
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  Smiley
What kind of Business do you know? Some will advise you to run a casino or sports betting site or maybe run an exchange but question is do you how to run those because if not, don't even try because there's a high chance that you will fail. Put that BTC in a business that you know. If you wan't to be safe, with that amount of money, you can buy a franchise of a known fast food chain and money will come to you.
sr. member
Activity: 1568
Merit: 283
Well, that depends on where you're living. In my country, that's a lot of money and you can use that start a big business that will turn you into a really big billionaire in the future. But the kind of business you're mentioning, that wasn't what I had in mind. If I had that much I would go into farming and being an investor. Farming is really big business, even if I want I can still not be a farmer but invest in most farming business here that would bring me 20% to 40% in four and six months. So imagine that invest $100,000 in one of these farming businesses and get 40% in six months that's extra $40k. Unlike most investments, you will see. Clothing is another good one.

But from the ones you have mentioned, the exchange is a big competition; you have Coinbase, Binance, Bittrex, Bitfinex and a lot of them to compete with. Betting and sports are also a big competition unless you have the money to sponsor ads and promote the sites and so something unique. You can still try your luck. But make your choice wisely.
hero member
Activity: 2828
Merit: 611
If I were you, I would forget about establishing those projects for now that we are having lack of interest of users, as you see that most project that are being established are really not making it that much as far as it involves cryptocurrency, many people prefer to use the old coins for both payment and for investment purpose only.

Since you have that amount of bitcoin, I would just advise that you keep it in a fixed deposit first where you will not touch it and then take some time off to engage some quality traders that would train you fully in trading your coin, which if you know how to trade very well with necessary skills, you could be making $50k every month with this currency market situation, so I would advise to you take trading business up.
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