Where do you invest 60 BTC? - page 8.

Casdinyard

hero member

Activity: 2184

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Leading Crypto Sports Betting and Casino Platform

Sure many things might happen in 5 years and that 60btc is hard to depend on. Even we say it's utterly huge now but bitcoin is too volatile that it can make it too valuable nor worthless in time.

I'll just think about it when I already have 60btc or more. lol!

Quote from: 60BTC on October 30, 2019, 07:49:50 AM

I am disappointed since i did not cash out my bitcoin in December 2017 when it was up 20000$. It becomes really hard for me to sell when bitcoin price keeps going up Tongue

And you better be disappointed when you buy at that price though. That ATH is will be just a dream for now.

Kambal2000

sr. member

Activity: 700

Merit: 257

Quote from: crossabdd on October 30, 2019, 09:40:46 PM

keep holding half of bitcoin, sell some bitcoin for real investments, such as land, houses, apartments, etc. and take a few more bitcoins to start a new business. so overall you have everything. bitcoin, personal business, home, land, you already have. then enjoy the results. bitcoin trading to keep on living.

Yes he should use it wisely, as he invested his time for 5 years working just for him to earn that much, so better to use it wisely as it is hard to earn but easy to spend and vanish if you don't use it wisely.

If I do that much money, will pay first all our debt, will save 30% for future, will retain the 30% for crypto holding and will invest in business those remaining 60%.

barabarian1

sr. member

Activity: 938

Merit: 250

if I get 60BTC I will divide it into 3 parts. the first 20BTC I will sell and I will use to open a business and part of it will also be used for donations. then I will use 10BTC to do daily trading. so that I will get a small profit that I can use for my daily needs. and the last 30BTC I will hold. I will sell it when the price of bitcoin goes up by 50% -70% but then when the price goes down I will buy bitcoin again. but this is just a fancy who would want to pay with 60BTC I think this is impossible. Grin

crossabdd

legendary

Activity: 1316

Merit: 1145

keep holding half of bitcoin, sell some bitcoin for real investments, such as land, houses, apartments, etc. and take a few more bitcoins to start a new business. so overall you have everything. bitcoin, personal business, home, land, you already have. then enjoy the results. bitcoin trading to keep on living.

mandor

sr. member

Activity: 1638

Merit: 260

Trphy.io

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

that's a very large number and if there are people in this forum able to collect 60BTC for several years it's very amazing. I personally if I have 60BTC then what I will do is use half of my BTC to open own business and the rest I will hold it. still more can be done if you have 60BTC and it depends on what decisions you will make on your BTC. but the first idea you have to do is open your own job or own business.

diahsw

full member

Activity: 756

Merit: 105

if it happens to me, I will continue to work, but just by the way, now the bitcoin that I get, I will invest in a trusted market, so that if someday the price rises, it will be a profit, maybe it will be repeated until I get tired of seeing money..!! Grin

gentlemand

legendary

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Welt Am Draht

Quote from: darkangel11 on October 30, 2019, 05:26:59 PM

You think BTC is getting stable? It had 2 huge pumps this year the first time going from 4k to 14k and the second from then it went to 9k and again to 13k and it all happened in the matter of weeks. Where do you see stable here.
You also haven't seen anything yet. Bitcoin is still in its infancy with a value comparable to a single company like Amazon or Google. The first decentralized currency in the world is something less than 1% of the world owns but more people have an Iphone or a stupid paypal account.

It reads rather like their mind is already made up no matter what and nothing will cause them to deviate from it.

We can be warped by the returns so far and often feel that we deserve ever more elsewhere and they're somehow a birthright just waiting to be unearthed. People should sit back and ponder how unique Bitcoin's circumstances and characteristics are.

There may well be nothing else like for a generation or more.

The idea of risking something that unique and proven in favour of the tsunami of dreck attempting to capitalise off its droppings seems flat out mental to me but it's all over this forum. In fact it may actually be the norm.

Have a dabble by all means but remain clear eyed about it. The people who do see past that will be only too happy to take the real deal off your hands.

Lucas*

hero member

Activity: 826

Merit: 500

Well 60 BITCOIN in 5 years it can be a great deal if the price of BITCOIN will increase into 20K $, I wouldn't invest all of them, I will divise them the half in a cold wallet and other I will buy many things and enjoy life with them! Chance doesn't came twice so let's profit! I also will gamble with a part of them in playing poker, I will buy a new car and a new bike, I will travel.... I will do anything that I can do with them. Just I wish I can attend 60 BITCOIN or even 30 BITCOIN.

darkangel11

legendary

Activity: 2296

Merit: 1335

Don't let others control your BTC -> self custody

Quote from: 60BTC on October 30, 2019, 01:55:22 PM

Quote from: darkangel11 on October 30, 2019, 10:21:39 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

60BTC in 5 years? That's 12BTC a year! Even if we take a low price of 3000 USD which was the low for the last 3 years it's still 36k USD a year. That's some serious money. You must be working hard 24/7 or gambling, or you are a UN MP those people get paid big money for nothing Wink

Holding BTC is already an investment. Why would you double the risk by reinvesting an investment?

Think in the terms of physical goods. You have a house that you're renting out and that gives you a good passive income with a small degree of risk but now you want to go play poker and put your house on the table. Do you need more money so much?

You misunderstand me, We all know bitcoin is getting stable each year.There is rarely major fluctuation in price. I don't want my money to sit idle. I want an increase in bitcoin and increase in fiat will follow. For eg: turning 60 BTC to 100 BTC in coming years by starting a crypto business. I know it's possible with some right knowledge and ideas. At my age(27), i think it's wise to take a risk instead of just HODLING and doing nothing. Don't you think?

You think BTC is getting stable? It had 2 huge pumps this year the first time going from 4k to 14k and the second from then it went to 9k and again to 13k and it all happened in the matter of weeks. Where do you see stable here.
You also haven't seen anything yet. Bitcoin is still in its infancy with a value comparable to a single company like Amazon or Google. The first decentralized currency in the world is something less than 1% of the world owns but more people have an Iphone or a stupid paypal account.
I appreciate you trying to get more bitcoins but if you invest in a company you're putting money at risk. You could convert your bitcoins to goods that will in time give you more bitcoins like setting up a car rental company that accepts bitcoin but by the time this gives you back your 60 Bitcoin could go up in value by 200% and double your ROI time.

crzy

full member

Activity: 2128

Merit: 180

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

Hold the bitcoin, spend some of it to do business and of course I’ll buy the things that I want. I don’t trade always so holding with bitcoin is the best for me and that amount of bitcoin is already a big money. You have to diversified that money so you can feel more liquid and you can have the chance to earn more.

adzino

copper member

Activity: 2968

Merit: 575

www.Crypto.Games: Multiple coins, multiple games

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

Probably convert some of the coins (maybe around 40% of the coins) to fiat currency. Hold most of them and invest rest on altcoins. I would also invest most of them in some well known casino like crypto-games.net. You know, make some more profits on the way while holding them, sitting back and relaxing. Casinos in the long run will make profit because of the house edge. So year, low risk investment.

ludofin

newbie

Activity: 15

Merit: 0

I would just hold, not many inviduals will possess that amount in near future.

passwordnow

hero member

Activity: 3108

Merit: 577

Leading Crypto Sports Betting & Casino Platform

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?

Before thinking about that, I should determine first on what price I'll sell these 60 BTC.

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

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'll take a chunk of it at my determined price and will invest it into some traditional investments too. I'll diversify it and generate passive income so that your money will continue to flow although you're not working anymore. Having my own e-commerce business will be a good idea since I have the capital to start with. I have a lot of things to do with that amount and it won't go into waste if I'll get into that point of owning 60 BTC.

fawkesnymous

jr. member

Activity: 108

Merit: 1

the revolution must be tokenized

60 btc? invest in wood. i mean it.
4x margin (ash wood)
no risks
legal business
the best f*cking stablecoin))

StayFly

member

Activity: 168

Merit: 10

With 60 Bitcoins I can start a business of buying and selling bitcoin hardware wallets on Amazon and eBay. Also, you can buy bitcoin miners from both Bitmain and Avalon and sell them on Amazon and eBay. you can also buy and sell cheap used bitcoin miners online. you can trade cryptocurrency as well. What you can do with 60 bitcoins sky is the limit.

Dabs

legendary

Activity: 3416

Merit: 1912

The Concierge of Crypto

There is a small casino out there that is looking for a bankroll. Would you like to try that? For your peace of mind, you could ask an escrow to hold the funds, but remember that casinos require at least part of that in order to pay out the winners. The players can only bet up to a certain maximum, usualy the kelly is 1% of the bankroll.

Are you sure you don't want to try some traditional fiat investments? Those things have really long track records and most funds are insured as well. Several years, decades even ... What continent are you in? (or country) if you don't mind.

60BTC

newbie

Activity: 24

Merit: 0

Quote from: darkangel11 on October 30, 2019, 10:21:39 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

60BTC in 5 years? That's 12BTC a year! Even if we take a low price of 3000 USD which was the low for the last 3 years it's still 36k USD a year. That's some serious money. You must be working hard 24/7 or gambling, or you are a UN MP those people get paid big money for nothing Wink

Holding BTC is already an investment. Why would you double the risk by reinvesting an investment?

Think in the terms of physical goods. You have a house that you're renting out and that gives you a good passive income with a small degree of risk but now you want to go play poker and put your house on the table. Do you need more money so much?

You misunderstand me, We all know bitcoin is getting stable each year.There is rarely major fluctuation in price. I don't want my money to sit idle. I want an increase in bitcoin and increase in fiat will follow. For eg: turning 60 BTC to 100 BTC in coming years by starting a crypto business. I know it's possible with some right knowledge and ideas. At my age(27), i think it's wise to take a risk instead of just HODLING and doing nothing. Don't you think?

GideonGono

hero member

Activity: 2086

Merit: 501

★Bitvest.io★ Play Plinko or Invest!

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

of course I will find a business in real world that has high percentage that it will increase as far as I want the after that I will do trading for my extra bitcoin.

It is hard to rely on bitcoin forever so it is good to have a 2nd plan in the real world before it gone.

mk4

legendary

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Paldo.io 🤖

Quote from: 60BTC on October 30, 2019, 07:49:50 AM

I am disappointed since i did not cash out my bitcoin in December 2017 when it was up 20000$. It becomes really hard for me to sell when bitcoin price keeps going up Tongue

Sure, you're regretting it now, along with a lot of bitcoin holders out there. But think realistically. What are the chances that you'd guess the absolute top price of bitcoin's bull market? Even a honest and realistic expert trader would admit that a peak price almost next to impossible to predict. Stop beating yourself up for it.

xvids

sr. member

Activity: 1176

Merit: 301

If I have 60 BTC then I would first get a house ,
Thrn I would start a business it would depend on my location and needs on that spot.
And the rest would be hold on a hardware wallet for safety and I would only sell them if they reach the price that I want.

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