Where do you invest 60 BTC? - page 3.

fortunecrypto

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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

It's hard to sell all your Bitcoin because you know that this is the best performing asset right now if I have 60 Bitcoin right now and I need to set up a business I will set up a store here in our location so I can still go online and trade, while I'm still waiting for another all-time high that can increase the value of my Bitcoin again.

Reatim

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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

having BTC is already a investing so what do you mean by INVES?

but since that's a big amount i think you can convert the 30 BTC to Fiat and invest in business that you love to do,since 30btc i already a huge amount that can give you good business if you can manage rightfully .

and the 30btc that remains in your wallet can be divided into 2 equal parts the 15bitcoin will serve as long term investment,can be 1-5 years or 6-10 depend on your desire holding,and the another 15 will diversify to 5 ranked coins next to bitcoin for semi long term or atleast 1 year holding.

YOSHIE

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

60 btc
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

That's the biggest number for me, if 60 BTC is made into $ it's fantastic, for me it will be divided into sections.
1. 30 Bitcoin, I will invest in the long term, waiting for prices to go up as high as possible and then sell them.
2. 10 Bitcoin, I will make it for gold, gold investment futures.
3. 20 Bitcoin, I will make it as a business capital for the future, meaning business ventures such as cafes, restaurants or oil companies such as gas stations, diesel etc.

I think opening an oil company, with a budget of 20 Bitcoin is sufficient for the start. This business can be for long retirement levels.
I think this is what I do, if I have 60 Bitcoin.

tianglistrik

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Quote from: elisabetheva on November 08, 2019, 05:08:42 AM

Quote from: deviant99 on November 06, 2019, 09:48:05 AM

If i have 60 btc I will start a business so that I can have a stable income and give some for my family then invest some more coins to keep up the income and then save it for future purposes.

strongly agree with you that some of it is better used for business, but if you can run a business too.
better some remain in bitcoin and some are placed in altcoin that already exists in the market and don't place it on ico, because many fail and don't grow alias scams.

yes if you do not have a lot of experience with such a large fund, fear that what happens is loss. I think business outside of crypto can be used as a reference, and some other businesses in crypto so that the velocity of money still occurs, especially if you are a beginner

elisabetheva

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Quote from: deviant99 on November 06, 2019, 09:48:05 AM

If i have 60 btc I will start a business so that I can have a stable income and give some for my family then invest some more coins to keep up the income and then save it for future purposes.

strongly agree with you that some of it is better used for business, but if you can run a business too.
better some remain in bitcoin and some are placed in altcoin that already exists in the market and don't place it on ico, because many fail and don't grow alias scams.

Maotezi

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Of course, as any businessman, I would look to make further money, but one part would go to tangible assets, such as house, car, accommodation for families and prodigious needs. And the rest of me would probably be doing big sponsorships for popular brands, paying people if I'm not familiar with that type of business, later expanding my promotional campaign and living with that business and of course with my family.

diazepam666

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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.

bitcampaign

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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

I will HODL, I will probably only use a little of my BTC to trade to altcoin which has a high trading volume, so I won't use BTC for something unnecessary, I think it's very difficult to have to retire with 60 BTC while the price is still cheap at this year it's under $ 10k

coinfinger

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Quote from: Experia on November 04, 2019, 09:47:02 AM

Ill better suggest to invest in outside business like real estate, as of now it is not advisable to invest to cryptocurrency it is better to invest it outside so that you will be able to earn and make profit day by day and then invest again to crypto until you gain again your capital it is just circulating your funds.

Real estate investment is a very good suggestion, as this business as been in existence for a very long time and has also really made so much money for those that invested in it, but I think that gold too would not be a bad investment, because it keeps appreciating just like the way landing asset do appreciate which I also think Is even easier to sell a gold compared to real estate.

For you to succeed very well in real estate, you must have a very strong marketing strategy because there are so many people that are also into the business, and unless you make your price extremely competitive, you might have your investment tide down for too long, but gold, you can sell it instantly at any time that you need your money without having to wait for too long to get it sold.

iv4n

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60 BTC is an investment! You can think about diversifying, moving some amount of bitcoins to some other investment, in the case you think that some other investment can bring you more profit, or that some other investment can be safer.
Each of us in different situation, if you don't have a home you will probably invest in that, you would buy some house, flat, whatever, or maybe some people have some other needs, many things can come before investing. Depending what you have what you want, its how you will spend those 60 BTC.
I know what I need to do with my bitcoins, I will keep some of them for sure, and some amount is always going to new alts, staking coins, or anything connected with crypto. If crypto did so much until now, there's no reason to doubt in the future, crypto is the best place for investments.

deviant99

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If i have 60 btc I will start a business so that I can have a stable income and give some for my family then invest some more coins to keep up the income and then save it for future purposes.

Expecto

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If I had 60 BTC, I would invest some of it in fiat currencies. I would found my software company and the reason is that I would prefer manage my own company instead of working for some company. I could buy my dream car easily too. Grin

And I would store the rest of my BTC for the long haul.

TheGreatPython

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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

I would leave part of it still in the wallet for future purpose because of the time that it will get to fir us to start using bitcoin as the main cryptocurrency, so that I don’t have to start buying cryptocurrency then at an expensive price, so if I am even still considering changing some of my bitcoin to fiat for other investment reason, I would still make sure that I have enough bitcoin, but the remaining part of It is strictly going to business.

One of my first choice of business is actually landed properties, that is more like going into real estate business, because this is one of the business that is really booming in my country, and after this, I will have one of the biggest fashions company in my country where I can even earn more bitcoin by accepting it as means of payment.

ILuckyGuyI

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I think I would start my own business if I had 60 Bitcoin. And I would do one of the things I would like to do most and that is travelling around the world. I wouldn't choose just to retire. Cheesy

South Park

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Quote from: Mike Mayor on October 31, 2019, 08:27:57 PM

It would be better to just keep it as bitcoin and hodl. You would not need to worry since you are already rich. No need to invest it or try risk it to make more. YOu already will have enough. Just spend it and enjoy it. You can even convert some to fiat so you can do things you need to do and then keep the rest as bitcoin. You don't even need to buy any altcoins but you can if you prefer to diversify your investment a little. I would take 1 or 2 bitcoin and just play around with them on the market buying and selling different altcoins, sort of like a side investment/experiment.

While for many of us 60BTC is a huge amount of bitcoins different people have different monetary standards, 60BTC is the rough equivalent of 560k dollars and while in many countries that will be a fortune in many other countries that is barely enough to buy a house and if you live in one of those countries then it is natural to want to obtain even more bitcoin while you can to make your life easier in the future and when take into consideration the price of bitcoin is still low then it makes sense to look for opportunities to multiply it to get even more benefits when the price of bitcoin surpasses its all time high.

Hannu

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The answer is simple BCH ASIC hashing and Z-cash. Code maybe my own capitalized coin.

Oneandpure

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Shit coin very easy to pump with 60 btc, look with shit coin but listed on bigger exchange market have higher volume transaction, you invest first and then make good information with shit coin you invested, many investor will invest with shit coin and sell after have positive respond from investor, will increase 60 btc become 100 btc and more if investing with shit coin.

60BTC

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I am thinking of starting my business in crypto. Anyone can guide me how much bitcoin it will take to start gambling site/sportsbetting site? and where can i hire great skilled developers/designers?

Bitcoinislife09

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Quote from: NeuroticFish on October 30, 2019, 04:45:36 AM

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

How would you invest that amount?

60BTC is already priced to half a million Euro. Quite some money and Bitcoin still has plenty of room for growing.
So first of all, I would not put it into some custodian wallet promising whatever. Not your keys, not your money.
I'd think on a business I can start - whether is a business in crypto or not. Even buying one or more houses of apartments for renting is a business.
I'd spend some money and may hire a financial adviser. He may have ideas which didn't occur to me.
Of course, I'd still keep some Bitcoin as investment. Maybe invest in other things too. With such a wealth there are a lot of options to diversify, and by diversifying right I can always stay on profit.

Although 60BTC is quite a wealth, I would not afford to retire only with that. I have to do something to make it make more money. And unless you are already quite old, you'll have to do the same.
Bitcoin rising could be an answer. But I wouldn't rely solely on that.

I think 60 bitcoin was already a good investment the problem in investing in bitcoin was the bitcoin market price was already so high in the market and you cannot buy a big volume of bitcoin in the market because of the high price you would probably need a big investment if you want to do that. But since you already have a 60 bitcoin just holding your bitcoin, in my opinion, is a good investment already in the coming years the bitcoin market price for sure will pump as the community and investors is getting bigger. Also, you could invest a small percentage of your bitcoin in a passive income if you want to run a small business.

pilot1970

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One part would invest in real estate, leave another amount in BTC with medium and long term horizon and also seek to invest in some Altcoins with high growth potential.

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