Topic: Where do you invest 60 BTC? - page 4. (Read 1700 times)
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.
If i'm not mistaken 60 btc equal to more than $540k compare to the current price of bitcoin and if i have those btc the things which cross in my mind was very simple method to describe my investment portfolio that i will used 80% to realize my dream to build my own business and used 20% for long term hold
80% is really big house, but you should consider that you have to maintain it too, as well consider your daily expenses, so for me, will have my own traditional business first, then, next once I established my own business, I will build my dream home, buying my dream car and will help my relatives to have their own business too. I will share it as much as possible, as I won't be that much happy, if I am the only one happy, so I will share it so we will enjoy it together.
If i'm not mistaken 60 btc equal to more than $540k compare to the current price of bitcoin and if i have those btc the things which cross in my mind was very simple method to describe my investment portfolio that i will used 80% to realize my dream to build my own business and used 20% for long term hold
$540k is actually just few for someone who has plans to build a family of his own. He must have lots of plans in mind since he wants passive income. 60BTC is a lot to build a business for himself but the guy wants easy venture. I can only suggest he waits for the ETH2.0 so he can stake his eth and earn while still have more BTC in his hand. Its just not assured of how much is to be earned though.
If i'm not mistaken 60 btc equal to more than $540k compare to the current price of bitcoin and if i have those btc the things which cross in my mind was very simple method to describe my investment portfolio that i will used 80% to realize my dream to build my own business and used 20% for long term hold
That's more logical if you are really into long term plans. Having your own business that you can established out from crypto currency will be less in terms of stress. Since volatility and fluctuations are unavoidable with the system crypto market have. Though it's always the investors points of view in regards to this matter. It's opinion base and own understanding of the industry that you are in to. 
If i'm not mistaken 60 btc equal to more than $540k compare to the current price of bitcoin and if i have those btc the things which cross in my mind was very simple method to describe my investment portfolio that i will used 80% to realize my dream to build my own business and used 20% for long term hold
If I have as much as 60 BTC then I would rather sell it to start a business in real life and choose to build a number of guesthouses like hotels near the sea and I rent it for tourists. But from 60 BTC I will hold for a long term as much as 15 BTC and sell it at a high price in the future.
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?
In my case I prefer putting half of it to local business so I don't have to worry in my daily needs and I will use the other half to buy the top 5 currencies and hold it for a long time. 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?
If I have money for my daily needs then holding for how many years is not a problem anymore. I will set the selling price to x10 then cycle it again and again.
Majority of the responses are concerning to have their own business using the 60BTC, but my suggestions is for us to take into considerations to incorporate cryptocurrency to our business in a sense that, the commerce system of payment should be in crypto as part of our support to cryptocurrency adoption and as well as making the cryptocurrency market even healthier. I myself will consider to franchise a starbucks when they successfully implement cryptocurrency to it.
For me to have saved that amount of BTC means it's either I'm single, living in a top country or I have another job I am doing.
Here are possible things I can do with 60BTC.
- Build a gambling site: cost of building a gambling site with nice interface won't cost more than 10,000$. Then I will put 10 BTC as a reserve in the bankroll
- Buy altcoins: we all know investing in crypto currency is very risky. So here is what I will do, I will set aside 20BTC and invest it on 20 different altcoins.
- Staking: we have a lot of exchanges and platforms with good returns for staking part of them is Nexo, Cobo, Binance and so on.
The amount I would set aside on for spending on myself won't be more than 2BTC. I know I worked for it, that does not mean I should spend it foolishly.
Staking with altcoin keep price on higher is better than we use for staking with shit coin, many exchange support for staking and XLM become profitable if I have 60 btc to stake there, maybe I will stake with 10 btc for xlm more than one year, I think XLM have the same price not increase down, last years XLM price look good with higher and staking become best solution to increase your 60 btc. Here are possible things I can do with 60BTC.
- Build a gambling site: cost of building a gambling site with nice interface won't cost more than 10,000$. Then I will put 10 BTC as a reserve in the bankroll
- Buy altcoins: we all know investing in crypto currency is very risky. So here is what I will do, I will set aside 20BTC and invest it on 20 different altcoins.
- Staking: we have a lot of exchanges and platforms with good returns for staking part of them is Nexo, Cobo, Binance and so on.
The amount I would set aside on for spending on myself won't be more than 2BTC. I know I worked for it, that does not mean I should spend it foolishly.
For me to have saved that amount of BTC means it's either I'm single, living in a top country or I have another job I am doing.
Here are possible things I can do with 60BTC.
- Build a gambling site: cost of building a gambling site with nice interface won't cost more than 10,000$. Then I will put 10 BTC as a reserve in the bankroll
- Buy altcoins: we all know investing in crypto currency is very risky. So here is what I will do, I will set aside 20BTC and invest it on 20 different altcoins.
- Staking: we have a lot of exchanges and platforms with good returns for staking part of them is Nexo, Cobo, Binance and so on.
The amount I would set aside on for spending on myself won't be more than 2BTC. I know I worked for it, that does not mean I should spend it foolishly.
Here are possible things I can do with 60BTC.
- Build a gambling site: cost of building a gambling site with nice interface won't cost more than 10,000$. Then I will put 10 BTC as a reserve in the bankroll
- Buy altcoins: we all know investing in crypto currency is very risky. So here is what I will do, I will set aside 20BTC and invest it on 20 different altcoins.
- Staking: we have a lot of exchanges and platforms with good returns for staking part of them is Nexo, Cobo, Binance and so on.
The amount I would set aside on for spending on myself won't be more than 2BTC. I know I worked for it, that does not mean I should spend it foolishly.
I will retire if I have 60 BTC, I will open a shop in my city that only requires 10 BTC of capital. 50 btc leftover from that I will invest as my long-term investment. You can use these assets to buy some good Altcoin like LTC or BNB. Do not invest in just one coin because it is very risky.
Bitcoins are an investment in itself .
If the price is really really high , I would encash and then invest in gold and other precious metals .
Or putting them in a bank would also do , some give you 7% per year and it's safe and secure
Also at the same time you could lend the money to someone ! This way you could easily be able to get 10% or something per year .
Stock market is too risky and shares are not a good idea.
If the price is really really high , I would encash and then invest in gold and other precious metals .
Or putting them in a bank would also do , some give you 7% per year and it's safe and secure
Also at the same time you could lend the money to someone ! This way you could easily be able to get 10% or something per year .
Stock market is too risky and shares are not a good idea.
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?
Imagination is quite high and difficult to achieve if the value of bitcoin is as high now. If you want to be financially free then a good investment without the hassle of doing something is to make a deposit, where you can manage interest rates and inflation quite easily. In the current bitcoin rate, you can live simply until you die without thinking about money. 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?
OMG, it's a lot of money, and the best thing, at least for me, IMO is to diversify
I would leave some percentage in BTC, invest in another kind of investment, here in my country we have some very secure investments, and I would buy a house or 2 to rent
And I would never work for money again, just for me personal development and satisfaction
I would leave some percentage in BTC, invest in another kind of investment, here in my country we have some very secure investments, and I would buy a house or 2 to rent
And I would never work for money again, just for me personal development and satisfaction
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?
I would put 30BTC in pure investment, that is, wait until the bullish trend arrives, I would allocate 15BTC to do long and medium-term trading, and another 15BTC would allocate them to diversify either buying gold and some stock from the Stock Market.
The reason for 30BTC in Investment is because it will always be a gain, no matter how long it takes, bitcoin will always exceed its last ATH every time.
The 15BTC to allocate to trading is where you would withdraw the profits from the movements to pay bills, trips in addition to the expenses of daily living, and always being alive in the market.
The other 15BTC would allocate them to gold and some other stock market action, just for being one of the tips they recommend in Malkiel Burton's book called "A random walk on Wall Street", which, financially, it is advisable to have some type of diversification
Oh God, 60 bitcoin is around $ 558,500, and that is a very big amount. even more so if we hold it in and the price increases 
The first thing I thought of was creating a business that could maintain that balance. so that I have an income that always covers the use of money that I do, I need to build a big business, and invest in companies that have high potential to make greater profits, and provide a good enough income.
Thinking about using that kind of money to have fun first is not a good idea, I have felt this way, and I was wrong about that. my current thinking is raising capital to build a business.
The first thing I thought of was creating a business that could maintain that balance. so that I have an income that always covers the use of money that I do, I need to build a big business, and invest in companies that have high potential to make greater profits, and provide a good enough income.
Thinking about using that kind of money to have fun first is not a good idea, I have felt this way, and I was wrong about that. my current thinking is raising capital to build a business.
If I have 60BTC, I will take half of it to be used as business capital and for living needs and facilitate it for the happiness and comfort of myself and my family in life and I will also share 2.5% for those who need it.
and the other half I will make a long-term investment with the reason I do not want to worry and panic that can interfere with the comfort of my life, and I'm just waiting for Bitcoin to reach the highest price so that I can enjoy the benefits I get for doing the same thing as before, and only the needs are different.
and the other half I will make a long-term investment with the reason I do not want to worry and panic that can interfere with the comfort of my life, and I'm just waiting for Bitcoin to reach the highest price so that I can enjoy the benefits I get for doing the same thing as before, and only the needs are different.
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?
You could got a better answer if you posted this after the halving, this is not the right time to sell Bitcoin, halving is coming and if you know the history of past halving, you knew good price is coming our way, but if I earned that Bitcoin and the price has stabilized, I'll go for buy and sell maybe trade half of it, that's enough money to go buy and sell business at the current market price, I'll go for computer peripherals and gadgets.
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?
60 BTC is a huge amount of money by that time for sure. As a habit, I would go to Casinos and give my fortune a try there but I wouldn't drain whole of my earnings there, I would do it for fun most probably. Cryptocasinos also can be a thing but I would prefer more going in real casinos since the gamble is cheaper there. I would also try running a business, one that involves the use of cryptocurrency so that I can help in revolutionizing the idea of using it all over the world. I want to help still the mean I had to be rich in any ways possible. 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?
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?
If ever I would get the chance to have 60 BTC, I would probably invest it on business. Supposedly it was through my 5 years of hardwork and patience, I wouldn't mind dreaming for a higher price anymore since I've been doing that for so long already. I would rather dream for my business to get bigger so that the money I would passively earn can help me and my family secure a suffecient and better life but still I would invest still on crypto so that I can extend my earnings and build a better future for myself. 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?
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