If i have 60 bitcoin then i will keep the 55 and for the rest i will buy an altcoin which is XRP, ETH, NEM and XLM which i think has more potential to increase their value by next year and buying in cheap will double or triple my profit.
And the reason why i will keep my 55 bitcoin is because the value is most likely to increase every so if will keep it on my cold wallet and wait for the market to go uptrend and sell if the value hits more than the all time-high and its a win-win situation and having a patience will reward you big in the future.
Topic: Where do you invest 60 BTC? - page 6. (Read 1734 times)
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.
I would say this: just hold on to your coins for the next 5 years, and you'll be getting very good profit.
As others say 60 BTC is already invesment and now you have to convert it to cash. Maybe I should use some of my money to buy a home so I can see what I have been struggling with for five years. And next is to spend time with my family for the five years I have endured. And many other things I thought,
And the rest I would just hold this to my safe wallet to wait for the increase in price for every Btc I hold.
And the rest I would just hold this to my safe wallet to wait for the increase in price for every Btc I hold.
It depends how ambitious you are & what you want. If you simply want a house mortgage free then you can achieve that & probably a holiday home too. If you HODL for only another couple of years then with 60 BTC you will probably be set for life with ultimate financial freedom.
I am HODLING until 2021 at least.
I am HODLING until 2021 at least.
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.
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?
Will possible up shit coin with your money raise 60 btc? I think looking with shit coin like ADA and TRON then you make update news after you invest with both coin, I think many investor will buy with ADA and TRON then you can sell your investing there, always have possible to get profit if have much money to make price of shit coin become higher and lower with your 60 btc in your hands. 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?
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?
Here's what I would:
- Turn 10 btc into cash now and retire from my work. Use those money for daily expenses for the next couple of years.
- Use 10 btc to buy myself an apartment, if I don't have one.
- Invest 10 btc into some solid alts, like BAT
- Invest the free time I now have to learn a new & useful skill that I actually enjoy. Ideally, something that might come in handy proffesionally when I run out of cash, like programming.
- HODL the rest in case btc moons hard
Please note that the advice above comes from the POV of a resident of a relatively cheap European country. If you are from the U.S. or something things are different.. For example, I highly doubt you can get an apartment with 10 btc with current prices ^_^
I would spend a part of the 60 BTC to charities and needy people and then I'll think about investing in a constructive way if I get 60 BTC of course
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.
nothing bro
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 very much in my opinion. if that happens to me, I will not retire from crypto but I will also not invest all the bitcoin that I have. maybe 50% I will use to stay here and the rest I will make an effort. I will buy a certain amount of land, and I will use it as housing and I will sell plots later. I think it is a very profitable business now and has a bright future. maybe it's my imagination. 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?
BTC60 is too high amount for me and enough already to buy a house, to make your own business and invest here again with bitcoin to earn more. House is really important to have especially if we have our own family already. I have a family but still, we don't have our own house, so having a house is really a big achievement we can have as a family. I also know a business that can make a good profit in the future so it is also a good investment for a business that I am thinking. 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?
Hmm... It's all about personal choice. For me, I would convert part of it to fiat while I leave the other part of it as bitcoin. Reason is because; as we are hoping and waiting that the price of bitcoin increases, it "could" decrease.
I can't tell you what you should do, but I can tell you what not to do...
Don't take financial advice from those that haven't been able to do what you did.
Don't take financial advice from those that haven't been able to do what you did.
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.
Still better to invest in a business that could ensure that you will still have a constant income. I would either invest in a property or start franchising some business or even make my own business. 60BTC is a huge amount of money but with poor financial management, it would only last for a year or two.
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?
There is no need to invest those coins in any other place, you are already holding one of the best investments in the entire world, so there are only two possibilities in my mind about what I could do with that money, one is to hold those coins for the long term thinking of them as my retirement account, the second option that comes to mind is to use those coins to become a trader even if you are not the most skilled trader you could still outperform the market and obtain even more bitcoin in the future. 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?
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 the best way is to make a way that this fund will continuously run, like having a business. It is very important that if tou gain a profit, you need to atleast mantain it so that you will not become a one day millionaire. Use it in a strategic way, don't mind those materials things and find a way how does the money work for you. This is one of the strategies of those chinese businessmen that is why they became successful in business.
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 i would have that much amoumt of btc than i would prefer to hodl 60% and sell at high profits and invest 20% in diffrlerent business like real estate and stock market to earn stable incomes.Convert 10% in fiat and deposit in bank account to earn interest from banks and utilize rest for my interst in other activities. 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 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.
but we cannot ensure that this Bitcoin value holding will be increase the altcoin market price. If I own some decent amount of Bitcoins I wish go with the ethereum and half the fund on EOS to make the profit at the time in coming days.
Or else we can hold the bitcoins alone directly and wait for it then you can make at there also.
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