Topic: Where do you invest 60 BTC? - page 5. (Read 1700 times)
If I have 60 BTC, I will surely divide this amount in different investment options. Withdrawing some cash, investing it into some hard assets like real estate or Gold and keeping some amount in the form of hard cash etc. I will keep some amount as BTC only and will look for price appreciation opportunity. I will think of starting a small enterprise to generate employment and keep myself busy and ofcourse some cash for enjoyment.
If that happens which is very possible, I will just sell off 20BTC and established an offline business, use 1BTC for altcoin trading, use 5BTC in USDT/BTC trading, 3 can be used for a charity project and the rest will be locked in a cold wallet for the next bull run.
If I ever had 60 BTC along with the scenarios you had given then I would like to keep the half of it as a means of investment and extreme hold since I believe that Bitcoin's price in the upcoming years would surge extremely. While the other half, I would like to use it by creating a business of mine that would let me earn a passive income which would not really make me an active worker for the job. Building a rental space would be great idea or franchising even.
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?
Lol 60btc is already a huge amount and enough to feed you and your grand children for life ,(but of course not luxurious ways of living)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?
Maybe I will buy a buses and use as passenger bus so I will have a profit and my money will not spend that fast,or will have a restaurant since my mother loves to cook and so as my wife,they will be a good partners.
And the 10btc will be spread to at least 10 altcoins as my crypto investments for the future
I would spend half maybe for a business. Its better to have other source of income. I will hold the other half to just wait for the best price. I cannot completely suspend my btc life for 60btc. Its a long journey for me. Its been part of my everyday life. Having both btc and my own business are very well-enough for me. I can divert myself to either of two whenever it needs me.
If I have that kind of money I will invest it in bussiness too,so that while I am trading and putting it in long term I will manage my bussiness. Aside from cryptomarket trading maybe 20% would be put in physical bussiness then 30% will be on altcoins and the rest I will hodl it. 
60 BTC is a huge amount for me, if I can collect that much btc from the results of my hard work, then I want to buy a house, land, and buy other assets such as houses and cars, also I want to open real business. I also want to give charity to the poor as much as 2 btc and the rest will reinvest in bitcoin as much as 10 btc and altcoin 3 btc. I will invest in altcoin which is very potential, maybe some altcoins that are already in my portfolio. That is my dream so far.
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?
I think you should do option or future trading. 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?
This way you can benefit from the rise or fall in BTC price and can multiply that too. But that involves risk. You stand to lose a lot too if trading is not done properly.
If you have a business idea, you can always pursue that as 60 BTC make up to $550k which is a decent amount. I don't think half a million is enough to retire and don't do anything. But if invested properly, it can give decent monthly income.
Can you trade on the market ?
if you have the ability to trade, do it. 60 btc is a very large and high-risk fund.
You should separate your bitcoin in several wallets and choose an exchanger that has a good reputation, especially in terms of privacy and security.
if you have the ability to trade, do it. 60 btc is a very large and high-risk fund.
You should separate your bitcoin in several wallets and choose an exchanger that has a good reputation, especially in terms of privacy and security.
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?
I think if you already have 60BTC it is already a good investment especially that is Bitcoin when we are investing in bitcoin we could get a big amount of profit but the thing is bitcoin already have a high market price so we can invest our money but we can't afford to buy a big volume investment of bitcoin because it cause thousands of dollars in the market. But in this scenario, if you have 60Bitcoin the best thing to do is to hold it until you get a decent amount to sell your bitcoin also 60bitcoin is not a small amount you could just cash out a small percentage of this money to invest in other business or investments. 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 spend half maybe for a business. Its better to have other source of income. I will hold the other half to just wait for the best price. I cannot completely suspend my btc life for 60btc. Its a long journey for me. Its been part of my everyday life. Having both btc and my own business are very well-enough for me. I can divert myself to either of two whenever it needs me.
That's what I will do too, I would spend most of my income doing business so I can earn more income monthly too, I will maximize it by having different kinds of business as well as having different kinds of opportunity such as investing too. So for me, will not spend it in traveling or buying cars, will do it for income opportunity.
I would spend half maybe for a business. Its better to have other source of income. I will hold the other half to just wait for the best price. I cannot completely suspend my btc life for 60btc. Its a long journey for me. Its been part of my everyday life. Having both btc and my own business are very well-enough for me. I can divert myself to either of two whenever it needs me.
I'll cash them out if possible. Depends on how old I am. If I'm still too young to retire (Like 30-40) I'd still invest them in a property or a real estate for sure money. Maybe take half of that in a bank for retirement and invest the quarter in stocks and of course Bitcoin. Then enjoy the quarter for the rest of my life. I don't really plan to work all my life and get so much money, I just want enough for my family and myself.
If I were to earn 60BTC, personally I believe that the best investment I could possibly make is to hodl BTC but instead of just holding it, I would be trading it instead, there is this unique way to do it that involves Stop-loss and a stablecoin preferably USDT because the pair usually has the biggest volume in exchanges, I would have just been day trading the BTC against usdt and be riding the flunctuations in price on a daily basis, this would ensure that when the market is rising, I would be profiting and when it's falling, i would still be profiting.
Do you not think 60BTC is already a milestone reached? Because for me, it is already a big win in the market, and growing it will not do me and the community any good. I just think of the concept of economy, we people use money, and what makes money healthy is when the money rotates to the society. I am not directly saying that we need to spend all of the BTC that we had, but it is quite better if we think of possible business out of it, and basically help those in needs through donating some to the charities.
This is the mistake that a lot of people make. Bitcoin itself is an investment asset. So what is the point in making an invest using it? Are you going to sell your Bitcoins and purchase some other asset (such as gold or stocks) using the proceedings? Two things needs to be remembered here. First of all when you will your BTC, capital gains tax needs to be paid on any profit resulting from it. And secondly, there is no guarantee that assets such as gold or stocks will be giving you a better profit when compared to BTC.
I would say this: just hold on to your coins for the next 5 years, and you'll be getting very good profit.
It is not a mistake at all, they could invest atleast 10BTC in altcoins such as eth and other that is in the top altcoin list. It is called an investment too, in each coin they will get a profit not at once and not to fast but they will. Top coins are good investment also, when bitcoin pumps they will also pump. This is my reason for my advice. I would say this: just hold on to your coins for the next 5 years, and you'll be getting very good profit.
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 invest to a business that would grow as my passive income then I will upgrade my business if it success.
As a bitcoin user, I don't rely do the bitcoin because anytime you wouldn't get income until you lose your bitcoin.
60bitcoin is already invested really. If you can find a way to invest it further and further grow the bitcoin asset that would be great. However i feel you site right and investing in a startup company is a good idea. So long as you have done your research and know what to do and what to expect. Personally i would just hodl and not take the risk.
I will cash out 50btc and left 10btc in my btc wallet for hodl, and I will invest on property or real estate with those 50btc because I assume it will be very safe bet rather than doing a business youre not familiar with
we will invest in emoji domains as
Emoji Domains are 1- pictures, 2-colorful, 3-on more smartphone keyboards than any other single language, 4- People love emoji! And 5- Rare, only 2000 in existence.
Emoji Domains are 1- pictures, 2-colorful, 3-on more smartphone keyboards than any other single language, 4- People love emoji! And 5- Rare, only 2000 in existence.
If I were to earn 60BTC, personally I believe that the best investment I could possibly make is to hodl BTC but instead of just holding it, I would be trading it instead, there is this unique way to do it that involves Stop-loss and a stablecoin preferably USDT because the pair usually has the biggest volume in exchanges, I would have just been day trading the BTC against usdt and be riding the flunctuations in price on a daily basis, this would ensure that when the market is rising, I would be profiting and when it's falling, i would still be profiting.
I want to know something.If i invest and buy Altcoins like DASH - masternode. Will the returns be better than just HODLING bitcoin ?
I mean if i buy alts that give dividends,will i earn more in long term compared to if i just HODL bitcoin? I think altcoins price also rise with bitcoin pumps.
I mean if i buy alts that give dividends,will i earn more in long term compared to if i just HODL bitcoin? I think altcoins price also rise with bitcoin pumps.
Alts have no guarantee, and almost always change in price relative to BTC very dramatically. Your BTC will always be BTC, but any BTC you change to DASH now, will be different in the future.
You could get a high return in terms of DASH, but when the time comes to convert it back to BTC the value may be much less than what you put in.
Is this 100% true? That's what i am afraid of but if history is any indicator then DASH price also increases whenever BTC price explodes so earning interest in terms of DASH then converting all DASH say after 2 years will not give me more bitcoins?
I will convert half of 60BTC to fiat, with this amount of money I will be able to support my lifestyle for several years since I'm not from a first-world country and I can even start a real-life business which is trend these days or invest some on stock markets then hold the remaining 30BTC for at least 5-10 years from now.
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