Where do you invest 60 BTC?

[cotton ball]

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.

[1714505039]

1714505039

[1714505039]

1714505039

[1714505039]

1714505039

[1714505039]

1714505039

[Eugenar]

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.

[BlackFor3st]

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.

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.

[rmhuntley]

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.

[bering]

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

[Golftech]

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.

[target]

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.

[Kambal2000]

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.

[Experia]

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.

[pilot1970]

One part would invest in real estate, leave another amount in BTC with medium and long term horizon and also seek to invest in some Altcoins with high growth potential.

[Bitcoinislife09]

How would you invest that amount?

60BTC is already priced to half a million Euro. Quite some money and Bitcoin still has plenty of room for growing.
So first of all, I would not put it into some custodian wallet promising whatever. Not your keys, not your money.
I'd think on a business I can start - whether is a business in crypto or not. Even buying one or more houses of apartments for renting is a business.
I'd spend some money and may hire a financial adviser. He may have ideas which didn't occur to me.
Of course, I'd still keep some Bitcoin as investment. Maybe invest in other things too. With such a wealth there are a lot of options to diversify, and by diversifying right I can always stay on profit.


Although 60BTC is quite a wealth, I would not afford to retire only with that. I have to do something to make it make more money. And unless you are already quite old, you'll have to do the same.
Bitcoin rising could be an answer. But I wouldn't rely solely on that.

I think 60 bitcoin was already a good investment the problem in investing in bitcoin was the bitcoin market price was already so high in the market and you cannot buy a big volume of bitcoin in the market because of the high price you would probably need a big investment if you want to do that. But since you already have a 60 bitcoin just holding your bitcoin, in my opinion, is a good investment already in the coming years the bitcoin market price for sure will pump as the community and investors is getting bigger. Also, you could invest a small percentage of your bitcoin in a passive income if you want to run a small business.

[60BTC]

I am thinking of starting my business in crypto. Anyone can guide me how much bitcoin it will take to start gambling site/sportsbetting site? and where can i hire great skilled developers/designers?

[Oneandpure]

Shit coin very easy to pump with 60 btc, look with shit coin but listed on bigger exchange market have higher volume transaction, you invest first and then make good information with shit coin you invested, many investor will invest with shit coin and sell after have positive respond from investor, will increase 60 btc become 100 btc and more if investing with shit coin.

[Hannu]

The answer is simple BCH ASIC hashing and Z-cash. Code maybe my own capitalized coin.

[South Park]

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.

While for many of us 60BTC is a huge amount of bitcoins different people have different monetary standards, 60BTC is the rough equivalent of 560k dollars and while in many countries that will be a fortune in many other countries that is barely enough to buy a house and if you live in one of those countries then it is natural to want to obtain even more bitcoin while you can to make your life easier in the future and when take into consideration the price of bitcoin is still low then it makes sense to look for opportunities to multiply it to get even more benefits when the price of bitcoin surpasses its all time high.

[ILuckyGuyI]

I think I would start my own business if I had 60 Bitcoin. And I would do one of the things I would like to do most and that is travelling around the world. I wouldn't choose just to retire.

[TheGreatPython]

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 would leave part of it still in the wallet for future purpose because of the time that it will get to fir us to start using bitcoin as the main cryptocurrency, so that I don’t have to start buying cryptocurrency then at an expensive price, so if I am even still considering changing some of my bitcoin to fiat for other investment reason, I would still make sure that I have enough bitcoin, but the remaining part of It is strictly going to business.

One of my first choice of business is actually landed properties, that is more like going into real estate business, because this is one of the business that is really booming in my country, and after this, I will have one of the biggest fashions company in my country where I can even earn more bitcoin by accepting it as means of payment.

[Expecto]

If I had 60 BTC, I would invest some of it in fiat currencies. I would found my software company and the reason is that I would prefer manage my own company instead of working for some company. I could buy my dream car easily too.  And I would store the rest of my BTC for the long haul.

[deviant99]

If i have 60 btc I will start a business so that I can have a stable income and give some for my family then invest some more coins to keep up the income and then save it for future purposes.

[iv4n]

60 BTC is an investment! You can think about diversifying, moving some amount of bitcoins to some other investment, in the case you think that some other investment can bring you more profit, or that some other investment can be safer.
Each of us in different situation, if you don't have a home you will probably invest in that, you would buy some house, flat, whatever, or maybe some people have some other needs, many things can come before investing. Depending what you have what you want, its how you will spend those 60 BTC.
I know what I need to do with my bitcoins, I will keep some of them for sure, and some amount is always going to new alts, staking coins, or anything connected with crypto. If crypto did so much until now, there's no reason to doubt in the future, crypto is the best place for investments.