Where do you invest 60 BTC? - page 2.

BeManga

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Quote from: barota on November 10, 2019, 09:49:45 AM

hold your bitcoin for long term and when prices reach over 50000 usd per btc you can sell some or sell when prices rise over 100000 usd per btc. number of investors grow day by day .look to prices of past year no one expect this current level . so if you sell there is always who buy too . for this reason prices bitcoin will rise to high level more than this level much

its good to invest in bitcoin but just holding all the 60 btc and wait for the price rise is not a good idea
price of bitcoin is not predictable sometimes price stay in the bottom for a month or more
and if that happens it is more likely you will sell bitcoin at much lower price.

Kupid002

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Quote from: makolz26 on November 11, 2019, 01:55:05 AM

Quote from: barota on November 10, 2019, 09:49:45 AM

hold your bitcoin for long term and when prices reach over 50000 usd per btc you can sell some or sell when prices rise over 100000 usd per btc. number of investors grow day by day .look to prices of past year no one expect this current level . so if you sell there is always who buy too . for this reason prices bitcoin will rise to high level more than this level much

As per me, the 60 Bitcoin is too high enough for me, so for me I would just rather hold at least 20 Bitcoin and cash out the 40 Bitcoins, then will do traditional business with it, I will put up business such as computer shop, lending company and small time groceries, I will also invest in real estate by buying some lands as the value of land is appreciated so I will maximize it.

This is the real way most people do if you have that amount. You can open a real business already using that 40 BTC thats big enough for business capital. The other 20 BTC will be enough to just stay and hold it for long term so when the price go higher you can still earn. Investing it in altcoin might also good idea however just choose only a coin you are confident and use only half not all.

South Park

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Quote from: lienfaye on November 12, 2019, 03:14:49 AM

Well thats a huge amount that I can think of retiring already.

But I want to be wise by investing the half in crypto particularly to the popular coins, then I will use the other half to build a business.

In this way there's a possibility to grow my money so that my earnings are continuously coming.

After thinking about it for some more time I think this is a good idea, even if I really believe that this market is going to keep growing diversifying your source of income is always good, that way instead of just earning money by the reevaluation over time of your coins you will get to use your capital to build a business and in the case your investments in bitcoin does not go as planned you can always rely on your new business to generate a constant stream of profits.

plvbob0070

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Quote from: Cityhunter123 on October 30, 2019, 05:11:07 AM

I would invest in some small business.

Based on what I see most of the members will build a business if they have 60 bitcoin. It is a totally good idea to build your own business because it will become a passive income once it grows. I see other members thay they will hold the half of 60 bitcoin and in fact, having 60 bitcoin is a lot amount of money. I will also do the same where I will hold the half and the half will use to run businesses.

Quote from: barota on November 10, 2019, 09:49:45 AM

hold your bitcoin for long term and when prices reach over 50000 usd per btc you can sell some or sell when prices rise over 100000 usd per btc. number of investors grow day by day .look to prices of past year no one expect this current level . so if you sell there is always who buy too . for this reason prices bitcoin will rise to high level more than this level much

Bitcoin is totally good for long term investment that's why we should keep on holding until the price goes up again. If ever the price becomes 50,000 per bitcoin I guess many people turn into a millionaire. I still hope to have 60 bitcoin so I can have a bright future.

ebykamsiokoro

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60 BTC? Wow, that is much money, if you ask me. I mean, if I earned that and have it breathing in my wallet, I'll sell off like 50% and invest the fiat in real estate all over the world. Then I'll retire and have me a good time. One more thing, I'll donate 10% to various charities around the globe and set up a foundation for the less privileged.

lienfaye

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Well thats a huge amount that I can think of retiring already.

But I want to be wise by investing the half in crypto particularly to the popular coins, then I will use the other half to build a business.

In this way there's a possibility to grow my money so that my earnings are continuously coming.

k@suy

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Quote from: Cimmy_revenger on November 11, 2019, 06:50:32 AM

Quote from: 60BTC on October 30, 2019, 04:21:57 AM

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? Tongue

70:30
70 for real asset FIAT , business , retail etc.
30 for cryptocurrency ( BTC , ETH , BNB , XRP , XLM )
Why I'am just spend 30% because cryptocurrency have high risk including a country's legal regulations, the risk of damage to hardware software equipment that you use.

for me I will make the 50% of it in bitcoin , I mean I will not move the half of it, I will let it in that way because I do believe bitcoin itself is a great investment for long term, then the 25% will be on etherium since it is the #2 coin for me, the rest will be base on what they are rank on coinmarketcap so that I will not be mistaker on where do I put my big amount of money.

southafricadude

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First, I would hold as much as possible in a secure non-custodial wallet for long term (5 to 10 years minimum), look at around 50%, so 30 Bitcoin
Second, I would take 5% of the remaining bitcoin (1.5 bitcoin) and trade it for some very promising altcoins that could also get good returns in the coming years.
Third, I would start traveling the world, and visiting cheap countries where money goes a long way. Sell whatever is holding you back, stop all monthly bills etc, and get away from it all. Use that money gained from selling everything to fund your first year abroad. Look at South East Asia (Thailand, Malaysia, Indonesia, Srilanka). If you already have property that is paid off, dont sell that but rent it out while you are away.
While traveling, move from country to country traveling on the cheap. You can easily spend a year on a very small budget if you try.
When you do need cash, move some bitcoin to an exchange or bitcoin debit card in order to fund your lifestyle.
Every time bitcoin 100% gains in value, sell a bit more off the top to fund the world travels.

Cimmy_revenger

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Quote from: 60BTC on October 30, 2019, 04:21:57 AM

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? Tongue

70:30
70 for real asset FIAT , business , retail etc.
30 for cryptocurrency ( BTC , ETH , BNB , XRP , XLM )
Why I'am just spend 30% because cryptocurrency have high risk including a country's legal regulations, the risk of damage to hardware software equipment that you use.

red4slash

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Quote from: makolz26 on November 11, 2019, 01:55:05 AM

Quote from: barota on November 10, 2019, 09:49:45 AM

hold your bitcoin for long term and when prices reach over 50000 usd per btc you can sell some or sell when prices rise over 100000 usd per btc. number of investors grow day by day .look to prices of past year no one expect this current level . so if you sell there is always who buy too . for this reason prices bitcoin will rise to high level more than this level much

As per me, the 60 Bitcoin is too high enough for me, so for me I would just rather hold at least 20 Bitcoin and cash out the 40 Bitcoins, then will do traditional business with it, I will put up business such as computer shop, lending company and small time groceries, I will also invest in real estate by buying some lands as the value of land is appreciated so I will maximize it.

indeed a large amount if investing with 60 btc. maybe it would be better if part of it is used for traditional business in the real world and the other part is to invest in crypto which aims to minimize errors if all funds are put into crypto investment

makolz26

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Quote from: barota on November 10, 2019, 09:49:45 AM

hold your bitcoin for long term and when prices reach over 50000 usd per btc you can sell some or sell when prices rise over 100000 usd per btc. number of investors grow day by day .look to prices of past year no one expect this current level . so if you sell there is always who buy too . for this reason prices bitcoin will rise to high level more than this level much

As per me, the 60 Bitcoin is too high enough for me, so for me I would just rather hold at least 20 Bitcoin and cash out the 40 Bitcoins, then will do traditional business with it, I will put up business such as computer shop, lending company and small time groceries, I will also invest in real estate by buying some lands as the value of land is appreciated so I will maximize it.

barota

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hold your bitcoin for long term and when prices reach over 50000 usd per btc you can sell some or sell when prices rise over 100000 usd per btc. number of investors grow day by day .look to prices of past year no one expect this current level . so if you sell there is always who buy too . for this reason prices bitcoin will rise to high level more than this level much

Republikcoin.com

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Quote from: puertorikosena on November 08, 2019, 08:22:45 AM

Having so many bitcoins, I would not sell them completely. I would leave part of the amount in Bitcoin for a few more years, some would be invested in other crypto assets, and some would be withdrawn in fiat and invested in a small business that would bring me pleasure.

in fact, that is what I will most likely do. 60 bitcoin is too much, so holding it until it costs more than $ 12k would be better than turning it into another coin. bitcoin is the best coin of all crypto, and until now its development will lead to a better direction. So far, I see the choice of people holding bitcoin more than other coins.

EdvinZ

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Sixty Bitcoins at $8000 apiece, it is 480 thousand dollars. The amount is not that big if you live in a country with high prices. You can open a small business for this amount and gradually develop it. But part of the funds, about 20%, I would reinvest in the most promising cryptocurrencies.

Aikidoka

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Quote from: diazepam666 on November 07, 2019, 01:32:08 PM

If I get such Bitcoins, I will never convert that bitcoins to anywhere unless the market get settled. We may wait for sometime and convert the bitcoin at the time to fiat cash.
Later that might be I will go to invest on the best option in my sorrounding to make the best investment returns with the amount you do on it.

Same here, I don't think that I'll convert my bitcoin really soon. I'm just waiting the good moment to convert some of it to fiat otherwise I will wait till the price goes up. I'm sure that bitcoin price will grow up slightly in the next few months and maybe after 1 more year. I just want to hold and use a few of my bitcoin in some good investments, trading is a good choice though.

Oneandpure

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Quote from: puertorikosena on November 08, 2019, 08:22:45 AM

Having so many bitcoins, I would not sell them completely. I would leave part of the amount in Bitcoin for a few more years, some would be invested in other crypto assets, and some would be withdrawn in fiat and invested in a small business that would bring me pleasure.

Why have to selling all bitcoin if you have assets, why not hold if you have many bitcoin and wait when bitcoin break with higher price to sell, maybe if I have 60 btc I will use for holding and half using for investing on altcoin, I think better increase our bitcoin assets by investing with altcoin than hold bitcoin only.

South Park

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Quote from: White Christmas on November 08, 2019, 09:38:01 AM

Quote from: 60BTC on October 30, 2019, 04:21:57 AM

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? Tongue

If I would be earned a 60BTC after working around 5 years and I decided to not work and just rest for the rest of my life, I would definitely used the half of my bitcoin to invest into real estate business and I think this would be one of the best investments because as time goes by land and real estates are increasing it's price as the passes by and the other half I will just hold it until the very end of the day until the Bitcoin reach it's highest possible price.
Hold and investing it to some real estate properties would be good, or maybe you can just gamble your money for some fun but in my case I will just use the half to invest and the other half would be just over in my wallet.

But this is the thing, while investing in real estate is not a bad idea, which market do you think it has a chance to go higher during the next years the real estate market in your country or the market of cryptocurrencies? While it is difficult to completely assure this market will have a better performance than the real estate market that is the most likely outcome, and if that is the case by using half of your bitcoins to invest in real estate then you will be losing money instead of earning it.

White Christmas

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Quote from: 60BTC on October 30, 2019, 04:21:57 AM

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? Tongue

If I would be earned a 60BTC after working around 5 years and I decided to not work and just rest for the rest of my life, I would definitely used the half of my bitcoin to invest into real estate business and I think this would be one of the best investments because as time goes by land and real estates are increasing it's price as the passes by and the other half I will just hold it until the very end of the day until the Bitcoin reach it's highest possible price.
Hold and investing it to some real estate properties would be good, or maybe you can just gamble your money for some fun but in my case I will just use the half to invest and the other half would be just over in my wallet.

puertorikosena

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Having so many bitcoins, I would not sell them completely. I would leave part of the amount in Bitcoin for a few more years, some would be invested in other crypto assets, and some would be withdrawn in fiat and invested in a small business that would bring me pleasure.

Lecam

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Quote from: 60BTC on October 30, 2019, 04:21:57 AM

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? Tongue

If i given a chance to have a 60 bitcoin i will be cash it the half to do some business. And the half i will hold it because bitcoin is a investment that can give us a lot of hope and bitcoin can give us a good future. I will hold it and do wait that bitcoin price will rise up. 60 bitcoin is big amount once you gonna change it in cash so half of that can give us good business.

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