Business ideas with 60 Bitcoin? What would you do? - page 4.

Memminger

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Quote from: mobnepal on November 11, 2019, 08:46:34 AM

Quote from: 60BTC on November 08, 2019, 10:14:08 AM

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?

On that budget you can start almost anything but without any prior knowledge I think starting anything on crypto space can be dangerous for you.

Bitcoin mixer - You Might get caught by authority and need experience to operate
Bitcoin exchange - Need to start small and have to spend thousands of dollar on ads and rewards during start without any guarantee of profit in future
Bitcoin wallet - Hard to make any money but will have great responsibility of fund security and other legal obligations

I think its better you first start something small hiring a team from freelancing platform on contract basis, if you get some success proceed to make it big or if you fail learn from it and move to next venture.

I think that all of these need to acquire license to operate to the country you had been living on. You are just basically evading the authorities if you’re doing it like that. Also, honestly with the aforementioned possible business to invest, it is better to think of a new business rather than competing with the reputed mixers, exchangers and wallets.

oliv441

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Emoji Domains, as they are still in infancy as bitcoin in 2009

mobnepal

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Quote from: 60BTC on November 08, 2019, 10:14:08 AM

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?

On that budget you can start almost anything but without any prior knowledge I think starting anything on crypto space can be dangerous for you.

Bitcoin mixer - You Might get caught by authority and need experience to operate
Bitcoin exchange - Need to start small and have to spend thousands of dollar on ads and rewards during start without any guarantee of profit in future
Bitcoin wallet - Hard to make any money but will have great responsibility of fund security and other legal obligations

I think its better you first start something small hiring a team from freelancing platform on contract basis, if you get some success proceed to make it big or if you fail learn from it and move to next venture.

60BTC

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Quote from: muslol67 on November 11, 2019, 07:05:24 AM

I couldn't understand what is your really purpose Huh

You createa a topic;
Where do you invest 60 BTC?

and 8 days later you created a topic;
Business ideas with 60 Bitcoin? What would you do?

and then you've changed your mind and created this topic (just 2 days later...) ;

How to start trading with 2 BTC? What is the first step?

really what is your purpose?

Wanted the bitcointalk community opinion what to do with 60 BTC as i am still kinda confused.

adeandro

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I would invest in any business.

muslol67

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I couldn't understand what is your really purpose Huh

You createa a topic;
Where do you invest 60 BTC?

and 8 days later you created a topic;
Business ideas with 60 Bitcoin? What would you do?

and then you've changed your mind and created this topic (just 2 days later...) ;

How to start trading with 2 BTC? What is the first step?

really what is your purpose?

White Christmas

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★Bitvest.io★ Play Plinko or Invest!

Quote from: 60BTC on November 08, 2019, 10:14:08 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

If I would be given a chance to earn and have a 60 bitcoins then I will start a cryptocurrency business then I will start a gambling or casino because in casino it is more easier to earn because when you are talking about casino it talks about millions and hundred thousand of money. Gamblers will still play no matter what happens and also as long as they have money they will still pay to gamble and have fun.
Better if you will start to build a online casino and find a IT who can develop and design the platform of your online casino. Get an good IT that can do both front and back end of your online casino to be able to start your crypto business.

Velkro

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Quote from: 60BTC on November 08, 2019, 10:14:08 AM

If someone has 60 BTC can he start a decent crypto business to make passive income? Please share some business ideas.

Congratulations of having as much as 60 BTC mr. someone Cheesy

I don't think there is business that giving passive income like you want. Even if, you need first to put A LOT of work to set it up, sometimes through years to get passice income with minimal effort.
So without some knowledge, some hard work its not possible even with such big amount of money.

Farma

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Leading Crypto Sports Betting & Casino Platform

thinking about when I owned 60 bitcoin, I might start building a real-life business. Well, I think, having 60 bitcoin on the internet is one definition of success with crypto. the value of 60 bitcoins is truly extraordinary. I might think to build investments that are popular in the city where I live. such as building housing, apartments, lodging, and businesses that have long-term potential.

gabmen

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Quote from: Youghoor on November 10, 2019, 08:10:09 PM

Quote from: 60BTC on November 08, 2019, 10:14:08 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

First and foremost, do not be in a rush to start your own crypto project without having any idea in a startup a particular business. I will advise you to rather invest or buy a share in a well-established crypto project to avoid losing money. It will be better to invest in already established businesses rather than creating a new project considering the current state of the crypto ecosystem. Considering your post, I see you as someone that has no idea to start a crypto project which will be successful.

There probably are a lot of projects with good teams behind them that fail to take off. Crypto isa lot of times abut hypd and many people invest in projects that make a lot of noise. Marketing should be your top priority. If i have that much asset though, i wouldn't plan on pushing all of it in crypto. That's quite a lot of money that you can invest in other ventures that poses less risk.

Youghoor

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Quote from: 60BTC on November 08, 2019, 10:14:08 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

First and foremost, do not be in a rush to start your own crypto project without having any idea in a startup a particular business. I will advise you to rather invest or buy a share in a well-established crypto project to avoid losing money. It will be better to invest in already established businesses rather than creating a new project considering the current state of the crypto ecosystem. Considering your post, I see you as someone that has no idea to start a crypto project which will be successful.

Aikidoka

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Sinbad Mixer: Mix Your BTC Quickly

Quote from: rmhuntley on November 10, 2019, 07:29:42 PM

If you have 60 BTC it is better just develop a real business like open a culinary place, property and online store in the form of clothing. But if you invest into crypto, then it is better to trade or hold up BTC prices over your new high sales.

I think it's better open a real business with this high amount of btc. 60 bitcoins are really a huge amount, like you can do a lot of stuffs with me and invest them in a lot of fields. If I have 60 BTC, I'll try to invest in whether Trading or just buying some real estates, because we all know that it will be more expensive later.

rmhuntley

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HALA MADRID

If you have 60 BTC it is better just develop a real business like open a culinary place, property and online store in the form of clothing. But if you invest into crypto, then it is better to trade or hold up BTC prices over your new high sales.

pixie85

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I'd keep most of it in Bitcoin because no business will give you a potential for 500% profit a year. Normal rate of return for a business is maybe 10% a year, 20 if you're good at what you're doing and it booms.

Bitcoin can give you in 1 year what you'd need to work for a decade. You could be dead by then! In this life it's all or nothing. Go big or go home.

If you have to do it ask yourself what you like doing and do it. 60BTC is enough to start a software company buy a hotel or a restaurant. Your choice.

airdnasxela

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Casino and exchanges are hard businesses actually. And it's a big risk to use your 60 btc on this kind of business when you still don't have team to work with. Find first someone you can work with before deciding what to make a business. But since it's a big risk, why not just create another business idea but still into crypto. Something like online shops that will accept crypto then you can sell some crypto or bitcoin merch. I think that's more realistic, though the profit might not be big compared to others.

60BTC

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Quote from: Astvile on November 09, 2019, 04:35:07 AM

If I were to have 60 bitcoin I would invest it straight through coin staking the only investment I think is profitable specialy with staking known and trusted coins out there online. Other option can be on trading, kinda risky but I can handle it if I have this kind of amount. Being smart on investing you can easily double this amount

Can you give some examples of those coins please?

darkangel11

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Don't let others control your BTC -> self custody

The possibilities are almost endless with such amount of money. If I had that much I'd simply trade it. With that amount I'd be able to make 100k USD per swing, so I'd probably put half of it on a decent exchange and day trade all of it. The other half would be my retirement Cheesy

If you really want to start a business there's some good options for you:

Buy real estate in a popular tourist location. A small hotel in the Swiss Alps, build some bungalows on a a popular beach like on one of the Greek islands or in Australia. It all depends on where you want to live. Having 60 BTC you could buy big yacht and offer people trips like sailing around the Pacific islands. If you prefer to live in the city buy apartments in a popular tourist destination like Paris or Rome. Some places will always be popular.

Fappanu

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If I had 60 BTC I wouldn't invest it in a business I didn't know how to run. It's better to hold on and wait for the price to go up. Because I'm more sure that it'll be safe if it's just in my hands. And also hassle that when hiring a staff member you know it is not really a joke to make a bitcoin wallet or exchange a big investment is needed.

Hamphser

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Vave.com - Crypto Casino

Quote from: ?? on ??

Probably an IT company.
I write programs quite often and I teach some people occasionally how to program.
From that I'll probably introduce my clients that Bitcoin can also be a method of payment, since Bitcoin is legalized anyway in my country so there's that.

So, how would OP do that? I think he doesn't know how to write program just like you.
Do you think 60BTC is enough already for an investment in crypto? Or OP shall take a real business outside of crypto. Probably a business that he knows how to manage just like you but you aren't doing some business, you are working for someone's business. Tongue

Genamant

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Trphy.io

Quote from: 60BTC on November 08, 2019, 10:14:08 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

There are already so many crypto exchanger and creating a quality trading platform,you need more than 60 Bitcoins as in more.
maybe if i have the knowledge and the right people to partner with, i think creating a crypto wallet would be my choice.

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