Noctis Connor
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August 23, 2016, 04:16:14 AM |
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If i have 10 BTC in my wallet, i will going to invest it on a trusted investor but not all of it, just for me to make it bigger and when the time comes that the pric of bitcoin will grow, then i can have an big amount of earnings too. i can also trade . it is the matter of getting any chance to earn more btc and not losing anything.
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JeffBrad12
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August 23, 2016, 04:49:33 AM |
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If I have 10 btc then I will open a coffee shop with it and will also accept payment in bitcoins, that will eventually help people to get aware about bitcoins.
to me that is a good decision, through this people will get awareness about bitcoin they will also invest their money in bitcoin through this way the bitcoin users will increase and thus your fee business will also become profitable, i my self going to invest bitcoin in opening a currency exchange in our local area where i will also accept and exchange of bitcoin. I think you pretty good idea. but the question is, is it 10 BTC enough for use as capital to set up a cafe business? I think you need the money more than $ 10k to make a shop or cafe. to exchange maybe it will have an easier capital? There are many countries where you don't need huge capital to start a business, 10 btc would be enough to start a cafe business especially in third world countries. Maybe the countries are you're saying is referred to development countries because the cost will so cheap, considering the another factor like electricity and other. for starting a cafe with 10 BTC is too low for me.
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dunfida
Legendary
Online
Activity: 3136
Merit: 1142
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August 23, 2016, 05:42:35 AM |
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If I have 10 btc then I will open a coffee shop with it and will also accept payment in bitcoins, that will eventually help people to get aware about bitcoins.
to me that is a good decision, through this people will get awareness about bitcoin they will also invest their money in bitcoin through this way the bitcoin users will increase and thus your fee business will also become profitable, i my self going to invest bitcoin in opening a currency exchange in our local area where i will also accept and exchange of bitcoin. I think you pretty good idea. but the question is, is it 10 BTC enough for use as capital to set up a cafe business? I think you need the money more than $ 10k to make a shop or cafe. to exchange maybe it will have an easier capital? There are many countries where you don't need huge capital to start a business, 10 btc would be enough to start a cafe business especially in third world countries. Maybe the countries are you're saying is referred to development countries because the cost will so cheap, considering the another factor like electricity and other. for starting a cafe with 10 BTC is too low for me. He have a point though 10btc in some countries are already enough to engage to a small business because the exchange rate of dollar to their currency would be high which it makes a good decent amount to start up but in those countries that has high standards of living for sure 10btc is isnt enough.
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Fatanut
Legendary
Offline
Activity: 1008
Merit: 1060
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August 23, 2016, 06:10:43 AM |
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Probably i will start my own 3-4 faucets though if you invested that much money into faucets you would surely not get the return of your investment so i would definitely not do that in order not to lose money For sure with that amount you can start out your 3-4 faucets and that is going to be a good business for sure but maybe it is going to take a year before you are going to get the returns of your investment. But it doesn't matter as long you are going to do some good promotion to your website to get a lot of advertisers. With this large amount of money, why would you invest it on faucets? Faucets are lame, tbh. The only people that are doing faucets are the people who have no knowledge about other ways of earning BTC. This means that nowadays, there's a low amount of audience in faucet sites compared to what it was. It will take years before you get your 10 BTC back if you put it all in faucet sites. Invest your 10 BTC ~ 6K USD into something else. Something that will make you earn more money faster. Something in demand.
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pooya87
Legendary
Offline
Activity: 3500
Merit: 10703
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August 23, 2016, 06:40:30 AM |
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If I have 10 btc then I will open a coffee shop with it and will also accept payment in bitcoins, that will eventually help people to get aware about bitcoins.
to me that is a good decision, through this people will get awareness about bitcoin they will also invest their money in bitcoin through this way the bitcoin users will increase and thus your fee business will also become profitable, i my self going to invest bitcoin in opening a currency exchange in our local area where i will also accept and exchange of bitcoin. I think you pretty good idea. but the question is, is it 10 BTC enough for use as capital to set up a cafe business? I think you need the money more than $ 10k to make a shop or cafe. to exchange maybe it will have an easier capital? There are many countries where you don't need huge capital to start a business, 10 btc would be enough to start a cafe business especially in third world countries. Maybe the countries are you're saying is referred to development countries because the cost will so cheap, considering the another factor like electricity and other. for starting a cafe with 10 BTC is too low for me. He have a point though 10btc in some countries are already enough to engage to a small business because the exchange rate of dollar to their currency would be high which it makes a good decent amount to start up but in those countries that has high standards of living for sure 10btc is isnt enough. this is a rookie mistake people make because of the rate of exchange. it is indeed so high in some countries but the value in exchange for goods is the same. in other words if 1 dollar is worth 5000 of some currency, you can buy the same things with 5000 that you could with 1 dollar. so in fact it doesn't matter.
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8Habits
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August 23, 2016, 06:53:34 AM |
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If I have 10 btc then I will open a coffee shop with it and will also accept payment in bitcoins, that will eventually help people to get aware about bitcoins.
to me that is a good decision, through this people will get awareness about bitcoin they will also invest their money in bitcoin through this way the bitcoin users will increase and thus your fee business will also become profitable, i my self going to invest bitcoin in opening a currency exchange in our local area where i will also accept and exchange of bitcoin. I think you pretty good idea. but the question is, is it 10 BTC enough for use as capital to set up a cafe business? I think you need the money more than $ 10k to make a shop or cafe. to exchange maybe it will have an easier capital? There are many countries where you don't need huge capital to start a business, 10 btc would be enough to start a cafe business especially in third world countries. Maybe the countries are you're saying is referred to development countries because the cost will so cheap, considering the another factor like electricity and other. for starting a cafe with 10 BTC is too low for me. He have a point though 10btc in some countries are already enough to engage to a small business because the exchange rate of dollar to their currency would be high which it makes a good decent amount to start up but in those countries that has high standards of living for sure 10btc is isnt enough. this is a rookie mistake people make because of the rate of exchange. it is indeed so high in some countries but the value in exchange for goods is the same. in other words if 1 dollar is worth 5000 of some currency, you can buy the same things with 5000 that you could with 1 dollar. so in fact it doesn't matter. This is true. Especially when you use imported materials for the construction of your business establishment and as well as things you use for your business you tend to pay higher compared to the original price of the materials - that is because of the tax imposed on imported things. That is just almost the same - otherwise, you will only use local materials that are cheap.
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CrimBit
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August 23, 2016, 07:14:01 AM Last edit: August 23, 2016, 08:26:22 AM by CrimBit |
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sobsitesearch
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August 23, 2016, 08:04:23 AM |
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Business i build small business because i want to treasure the 10 bitcoin that i received i want to earn and grow that 10 bitcoin because i want to return it back to the people who give to me that 10 bitcoin and to be thank for being kind.
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Trustme2016
Newbie
Offline
Activity: 28
Merit: 0
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August 23, 2016, 08:22:21 AM |
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For me only 5 BTC are enough to start a small business in my country, with 5 BTC I will start a Montessori/Primary school, which within One year will be able to start some good profit for me. For RoI about 6 months.
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Betwrong
Legendary
Offline
Activity: 3332
Merit: 2188
I stand with Ukraine.
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August 23, 2016, 10:45:05 AM |
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If I get 10 BTC from you I will not invest them in any business, that's I'm sure of. I think I'll spend part them, a small part, on traveling. And will keep the rest.
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LordCoder
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August 23, 2016, 11:43:50 AM |
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Probably use them as normal cash. Trade them for USD and spend them. Investing is a thing I have never liked anyways.
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Tazze
Newbie
Offline
Activity: 31
Merit: 0
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August 23, 2016, 11:52:03 AM |
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There are a few great PoS coins that I particularly like and invest into them. also there's ETH which seems to be shooting high right now.
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blackmachinegun
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August 23, 2016, 03:14:26 PM |
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I would hold the majority for the long term, but would invest a portion.
Keeping money in bitcoin wallet is a form of investment but for me we know that 10 bitcoin is a huge money we can do a lot of thing with that amount, i will start a small business to help my earning in bitcoin and to have also stable income in a daily basis. I will do exactly what you will do. Yeah, 10 bitcoin is a huge amount of money and enchashing it would be part of my plan on it. I will use the money to work for me. I will invest it to buy share on stock market, have a mutual fund, open a savings account. I would build a small business so I can maximize my income. Keeping some of it in bitcoin wallet and wait for the right time to sell it. That is one of the best ways to do - diversifying assets into different investment vehicles. Chances are, some of that investment vehicle will go down but it can be covered by other investment vehicles you invested in. I think any business that you run, and you use a business that is popular today. I thought it was a good opportunity to achieve a profit. especially if you have a capital of more than 10 BTC. of course you run a business that would be easier. because what you need will be met
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Hide_ip112
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August 23, 2016, 04:11:12 PM |
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Probably use them as normal cash. Trade them for USD and spend them. Investing is a thing I have never liked anyways.
Better you trade BTC or ETH. because both crypto has extraordinary growth and they may be competing and giving something that is best. La native I could've, so later the alternating red and white bende to decrease. the spirit of
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funbarrel
Sr. Member
Offline
Activity: 394
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
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August 23, 2016, 04:14:11 PM |
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If i have 10 BTC in my wallet, i will going to invest it on a trusted investor but not all of it, just for me to make it bigger and when the time comes that the pric of bitcoin will grow, then i can have an big amount of earnings too. i can also trade . it is the matter of getting any chance to earn more btc and not losing anything.
i think that you are right, investing bitcoins into for example trading can give you really huge profit if you have some experience in trading
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ronaldo40
Legendary
Offline
Activity: 1554
Merit: 1014
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August 23, 2016, 04:37:45 PM |
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If i have 10 BTC in my wallet, i will going to invest it on a trusted investor but not all of it, just for me to make it bigger and when the time comes that the pric of bitcoin will grow, then i can have an big amount of earnings too. i can also trade . it is the matter of getting any chance to earn more btc and not losing anything.
i think that you are right, investing bitcoins into for example trading can give you really huge profit if you have some experience in trading if it is an investment site that is trustworthy, I would probably put 10 BTC for investment. so I do not have to do any other work that takes a lot of time, like trading.
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delliaerd
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August 23, 2016, 10:10:43 PM |
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If i have 10 BTC in my wallet, i will going to invest it on a trusted investor but not all of it, just for me to make it bigger and when the time comes that the pric of bitcoin will grow, then i can have an big amount of earnings too. i can also trade . it is the matter of getting any chance to earn more btc and not losing anything.
i think that you are right, investing bitcoins into for example trading can give you really huge profit if you have some experience in trading Not so easy as you say dude. From your statement now the problem is how to have some experience in trading. Make sure you have a good plan to trade and anticipates when potentially lose. I believe in process get an experience take decent time and also sometimes will lose in trading. But i believe if we wanna serious for learning something we will get it as well. Keep spirit .
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elyas772
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August 24, 2016, 02:34:24 AM |
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Probably use them as normal cash. Trade them for USD and spend them. Investing is a thing I have never liked anyways.
i think you can learning about bitcoin system, maybe mining or open small bussines linked with bitcoin Andreas Antonopoulos says about bitcoin “I immediately understood that this was a lot more than just a currency,” so we can use the biggest potential of bitcoin for building other bussines
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Zadicar
Legendary
Offline
Activity: 1386
Merit: 1020
casinosblockchain.io
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August 24, 2016, 02:52:55 AM |
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Probably use them as normal cash. Trade them for USD and spend them. Investing is a thing I have never liked anyways.
Better you trade BTC or ETH. because both crypto has extraordinary growth and they may be competing and giving something that is best. La native I could've, so later the alternating red and white bende to decrease. the spirit of It is better if you are going to invest in alt coins because that amount is going to be sufficient but I would say that don't invest that amount so that you are going to have another source of it. And maybe some part of it is going if you are going to build up your own mining farm and some of it is just going to the cold storage. . Building mining farm nowadays isnt profitable already unless if you have very very cheap electricity in your country then its possible would 10btc amount you could set up your own mining rigs but remember it still costly on the long run regardless to its maintenance . Alt coin trading is good but be aware of those scam coins out there.
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elyas772
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August 24, 2016, 03:08:55 AM |
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Probably use them as normal cash. Trade them for USD and spend them. Investing is a thing I have never liked anyways.
Better you trade BTC or ETH. because both crypto has extraordinary growth and they may be competing and giving something that is best. La native I could've, so later the alternating red and white bende to decrease. the spirit of It is better if you are going to invest in alt coins because that amount is going to be sufficient but I would say that don't invest that amount so that you are going to have another source of it. And maybe some part of it is going if you are going to build up your own mining farm and some of it is just going to the cold storage. . Building mining farm nowadays isnt profitable already unless if you have very very cheap electricity in your country then its possible would 10btc amount you could set up your own mining rigs but remember it still costly on the long run regardless to its maintenance . Alt coin trading is good but be aware of those scam coins out there. it's depending about what coin your mining now ? if you mining bitcoin you can't reach ROI in 1year, but if you mining altcoin like ethereum, etc, krypton, expanse, of course you will take ROI in 7month, i think it's not bad. i can say it because im miner too.
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