Topic: Business ideas with 60 Bitcoin? What would you do? - page 5. (Read 1071 times)
If you think your business can make more than 15% per year, you could try that, with the associated risks. If not, you'd be better off putting it into real true passive fiat investments outside of crypto, you could get as much as 12% doing absolutely nothing but watching the funds. Most people who do index investing don't even look at their portfolio every month.
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
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
60 BTC will not be enough for a casino online business or for an exchange, I would suggest a traditional business like food franchise popular in your place
then accept crypto as payment.
Instead of putting all eggs into one basket I would like to divide my investment if I had 60 BTC. I will not prefer to develop something which can consume all my 60 BTC. I would like to keep some percentage in hard assets like Gold, real estate on anything else which can give my backup incase my startup fails. I would think of starting something which can be started within 30 BTC like developing an app or anything, max 5-6 BTC will be kept as buffer incase cost of development exceeds the primary calculation and before putting money into it I would like to study my idea and make a roadmap of it.
We should learn how to maximize our fund wisely, we should be able to check how we are going to handle it, if we are not that expert in handling money it is better to seek advice from a trusted friend or from a family member, we should always take note that we should be able to have different source of income, just like having 2-3 traditional business, investing in stock market, gold and also here in crypto and don't forget to save too.
Instead of putting all eggs into one basket I would like to divide my investment if I had 60 BTC. I will not prefer to develop something which can consume all my 60 BTC. I would like to keep some percentage in hard assets like Gold, real estate on anything else which can give my backup incase my startup fails. I would think of starting something which can be started within 30 BTC like developing an app or anything, max 5-6 BTC will be kept as buffer incase cost of development exceeds the primary calculation and before putting money into it I would like to study my idea and make a roadmap of it.
If I have 60 BTC I will divide into 2 parts. the first part of 30 BTC I will hold, because the price of bitcoin ' will continue to rise and
therefore holding bitcoin will be very profitable. And the second part will be me switch to fiat, then I will start a property business.
I will buy houses and apartments for rent. But if interested in crypto business can create new exchanges, for that you need a team
to accelerate business progress.For the team you can hire from people in the real world, look for people who can be trusted and have
abilities that is indeed needed.
therefore holding bitcoin will be very profitable. And the second part will be me switch to fiat, then I will start a property business.
I will buy houses and apartments for rent. But if interested in crypto business can create new exchanges, for that you need a team
to accelerate business progress.For the team you can hire from people in the real world, look for people who can be trusted and have
abilities that is indeed needed.
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
60 Bitcoin is quite immense amount indeed and probably enough to create your own crypto business. However, it would hardly to create a business if you have no idea where to get a team. In this world it is better if you will create a team that is credible and could do the job properly. This place is full of deception so if you have no enough knowledge regarding with these things then your 60 BTC might be place in vain. To start with you must gather information as much as possible, make a plan or a roadmap for guide. The best option is let's just not limit our business in crypto, perhaps you could use the fund to buy stocks in the market. 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
Your idea will be risky since you mentioned that is if you have no knowledge in designing and would hire a team to start your business. And if wver you will start your own business in crypto there had been plenty of gambling sites, wallet, coin that are created every day and it might even drain your funds developing your business and paying someone to develop it.
I think everything has its own risks and what if that much capital is used to build a business with a long term for example building a home business or renting a house in a strategic place and you can have lots of money every month because when many people rent your house then will get money every month. 
Please share your opinions in this thread
How about reading all the answers you already got in your previous thread? After 10 pages of discussion, you repeat the same question again, and most answers are by the same users who post on the same topic before. I suggest that you lock this thread and continue here : Where do you invest 60 BTC?
Suppose you earned 60BTC by working hard for 5 years and one day you decide now you don't want to work then what would you do with that amount?
How would you invest that amount? What will you do? Hold it dreaming the price will rise? Sell it and invest the fiat? or start a business? or retire? Any ideas?
How would you invest that amount? What will you do? Hold it dreaming the price will rise? Sell it and invest the fiat? or start a business? or retire? Any ideas?
In my personal opinion, if I have 60 btc, I might just invest on a business outside crypto. It's more stable. And I will leave some to invest in crypto.
But since you want to invest in a crypto-related business, instead of choosing something based on the profits, choose what you want to do or what you think you can do the best for your business. But you can hire your team online, or first option is to be partners with your friends so you can trust them
But since you want to invest in a crypto-related business, instead of choosing something based on the profits, choose what you want to do or what you think you can do the best for your business. But you can hire your team online, or first option is to be partners with your friends so you can trust them
Your idea will be risky since you mentioned that is if you have no knowledge in designing and would hire a team to start your business. And if wver you will start your own business in crypto there had been plenty of gambling sites, wallet, coin that are created every day and it might even drain your funds developing your business and paying someone to develop it.
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
60 BTC is a huge amount of money so you should take care of it and invest what you think is good. For me you don't need to invest in projects like exchanges, wallets, and gambling websites, because you are putting your bitcoin at risk. It's best to use it for trading and the rest of the bitcoin is to use bitcoin as an invesment. This will make you earn faster, especially if you know how to trade and use your patience wisely.
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
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 would always invest into property, rather than some business. Businesses fail, land or property does not. It's a good way to secure a future, as you never know what might happen to a business, or even to a currency, for that matter.
To be honest, If I have such a huge amount of BTC, I will only use a little amount for trading and the rest I'll use it on business outside crypto. of course, we need to diversify the investment even outside of the crypto industry. You can also make a store that accepts Bitcoin to further support the use of bitcoin in your area. If you invest in some kind of IEO or ICO, don't invest a big amount, just a fragment from that huge amount will do.
It's better to have passive income than speculative like in crypto, I prefer to invest it too in things that interest me like real estates. Bought a land near tourist spots or near commercial areas and for rent it, it may took long to get back the capital but it's a good investment that can last for long. Maybe accepting crypto as payment in renting can be and use it for trading. We must business what we know and what interest us the most since business is risky too so we need you know to handle it.. 
if i have 60 bitcoin i will divide it into 2 parts, 30 bitcoin for crypto business and 30 bitcoin for real business for example for property business, for crypto business I prefer trading than others.
I will also do your suggestion about dividing your 60 bitcoin into 2 parts. Bitcoin is very valuable coin in the world of cryptocurrency and I know some of people also use bitcoin in different businesses. In addition, trading is also a good source of passive income but it is not easy even you have good capital. Trading takes time to learn and it is hard to do technical analysis if you are newbie. So for me, I will use some of the bitcoin to make a good business just like having convenient store. Lastly, I will not use all of my bitcoin in making business and maybe the rest will be held in my cryptocurrency wallet. 
To be honest, If I have such a huge amount of BTC, I will only use a little amount for trading and the rest I'll use it on business outside crypto. of course, we need to diversify the investment even outside of the crypto industry. You can also make a store that accepts Bitcoin to further support the use of bitcoin in your area. If you invest in some kind of IEO or ICO, don't invest a big amount, just a fragment from that huge amount will do.
60 Bitcoin is huge income to play with market should respond the idea where we invest in most of the coins we invest have lot of flaws and project may get stopped
Why does it have to be a Crypto currency based business?
Because if start a business in real life with fiat, earning potential is less. Crypto business will give me return in crypto only and crypto price in future will further improve that return
You are missing the point, you can still convert all or most of the fiat you earn through this fiat based business into Bitcoin and still pay your
manager and other expenses in fiat and then decide how much of the rest of the money would be converted to Bitcoin. Remember there are a lot
of regulatory rules and regulations that you need to adhere to for any business and in most countries Bitcoin has not been accepted as a currency
yet, so you will have to find ways to bypass this to be able to run your business. We have not even touched the tax regulations yet and all the
labor issues that you would need to deal with. Take some of those coins and deposit it in a site like freebitco.in where you get a 4.08 annual interest
rate, which would give you about 0.00657534 BTC/Day or 0.19757397 BTC/Month or 2.44830352 BTC/Year at today's price. (very high risk, but
you still keep all 60 coins in the end)
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
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
Obviously, we are bias but blockchain porn
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
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 suggest you sell 10 bitcoin or more at once, make affiliate with KFC, Dunkin Donuts, or the other so you can have passive income. When you collaborate with them, I can assure you will get an excellent return monthly, so you don't have to do anything. Besides that, you still have 50 bitcoin, and you only need to wait until bitcoin price can increase for more than $50k (if that will happen in a short time).
Before you can start your crypto business, you need to learn what kind of crypto business you can to build. The best team to hire is your friends because you know them, and the chance to get a scam will be small.
You don't have to follow with the trend to create some projects in crypto, especially if you don't know anything about crypto because that will not take too long to see your project will not running as you want. There are many things to prepare, and that does not only find a good team to help your project.
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