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Author Topic: Where do you invest 60 BTC?  (Read 1666 times)
coinfinger
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November 07, 2019, 05:05:30 PM
 #181

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.
Real estate investment is a very good suggestion, as this business as been in existence for a very long time and has also really made so much money for those that invested in it, but I think that gold too would not be a bad investment, because it keeps appreciating just like the way landing asset do appreciate which I also think Is even easier to sell a gold compared to real estate.

For you to succeed very well in real estate, you must have a very strong marketing strategy because there are so many people that are also into the business, and unless you make your price extremely competitive, you might have your investment tide down for too long, but gold, you can sell it instantly at any time that you need your money without having to wait for too long to get it sold.
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November 07, 2019, 06:12:28 PM
 #182

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
I will HODL, I will probably only use a little of my BTC to trade to altcoin which has a high trading volume, so I won't use BTC for something unnecessary, I think it's very difficult to have to retire with 60 BTC while the price is still cheap at this year it's under $ 10k

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November 07, 2019, 06:32:08 PM
 #183

If I get such Bitcoins, I will never convert that bitcoins to anywhere unless the market get settled. We may wait for sometime and convert the bitcoin at the time to fiat cash.
Later that might be I will go to invest on the best option in my sorrounding to make the best investment returns with the amount you do on it.

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November 07, 2019, 06:50:33 PM
 #184

Of course, as any businessman, I would look to make further money, but one part would go to tangible assets, such as house, car, accommodation for families and prodigious needs. And the rest of me would probably be doing big sponsorships for popular brands, paying people if I'm not familiar with that type of business, later expanding my promotional campaign and living with that business and of course with my family.
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November 08, 2019, 10:08:42 AM
 #185

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.
strongly agree with you that some of it is better used for business, but if you can run a business too.
better some remain in bitcoin and some are placed in altcoin that already exists in the market and don't place it on ico, because many fail and don't grow alias scams.
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November 08, 2019, 10:32:23 AM
 #186

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.
strongly agree with you that some of it is better used for business, but if you can run a business too.
better some remain in bitcoin and some are placed in altcoin that already exists in the market and don't place it on ico, because many fail and don't grow alias scams.
yes if you do not have a lot of experience with such a large fund, fear that what happens is loss. I think business outside of crypto can be used as a reference, and some other businesses in crypto so that the velocity of money still occurs, especially if you are a beginner
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November 08, 2019, 10:58:10 AM
 #187

60 btc
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 the biggest number for me, if 60 BTC is made into $ it's fantastic, for me it will be divided into sections.
1. 30 Bitcoin, I will invest in the long term, waiting for prices to go up as high as possible and then sell them.
2. 10 Bitcoin, I will make it for gold, gold investment futures.
3. 20 Bitcoin, I will make it as a business capital for the future, meaning business ventures such as cafes, restaurants or oil companies such as gas stations, diesel etc.

I think opening an oil company, with a budget of 20 Bitcoin is sufficient for the start. This business can be for long retirement levels.
I think this is what I do, if I have 60 Bitcoin.

R


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November 08, 2019, 11:20:50 AM
 #188

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
having BTC is already a investing so what do you mean by INVES?

but since that's a big amount i think you can convert the 30 BTC to Fiat and invest in business that you love to do,since 30btc i already a huge amount that can give you good business if you can manage rightfully .

and the 30btc that remains in your wallet can be divided into 2 equal parts the 15bitcoin will serve as long term investment,can be 1-5 years or 6-10 depend on your desire holding,and the another 15 will diversify to 5 ranked coins next to bitcoin for semi long term or atleast 1 year holding.









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November 08, 2019, 11:49:35 AM
 #189

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
It's hard to sell all your Bitcoin because you know that this is the best performing asset right now if I have 60 Bitcoin right now and I need to set up a business I will set up a store here in our location so I can still go online and trade, while I'm still waiting for another all-time high that can increase the value of my Bitcoin again.

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November 08, 2019, 11:55:30 AM
 #190

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
If i given a chance to have a 60 bitcoin i will be cash it the half to do some business. And the half i will hold it because bitcoin is a investment that can give us a lot of hope and bitcoin can give us a good future. I will hold it and do wait that bitcoin price will rise up. 60 bitcoin is big amount once you gonna change it in cash so half of that can give us good business.
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November 08, 2019, 01:22:45 PM
 #191

Having so many bitcoins, I would not sell them completely. I would leave part of the amount in Bitcoin for a few more years, some would be invested in other crypto assets, and some would be withdrawn in fiat and invested in a small business that would bring me pleasure.
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November 08, 2019, 02:38:01 PM
 #192

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
If I would be earned a 60BTC after working around 5 years and I decided to not work and just rest for the rest of my life, I would definitely used the half of my bitcoin to invest into real estate business and I think this would be one of the best investments because as time goes by land and real estates are increasing it's price as the passes by and the other half I will just hold it until the very end of the day until the Bitcoin reach it's highest possible price.
Hold and investing it to some real estate properties would be good, or maybe you can just gamble your money for some fun but in my case I will just use the half to invest and the other half would be just over in my wallet.



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November 09, 2019, 11:12:24 PM
 #193

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
If I would be earned a 60BTC after working around 5 years and I decided to not work and just rest for the rest of my life, I would definitely used the half of my bitcoin to invest into real estate business and I think this would be one of the best investments because as time goes by land and real estates are increasing it's price as the passes by and the other half I will just hold it until the very end of the day until the Bitcoin reach it's highest possible price.
Hold and investing it to some real estate properties would be good, or maybe you can just gamble your money for some fun but in my case I will just use the half to invest and the other half would be just over in my wallet.
But this is the thing, while investing in real estate is not a bad idea, which market do you think it has a chance to go higher during the next years the real estate market in your country or the market of cryptocurrencies? While it is difficult to completely assure this market will have a better performance than the real estate market that is the most likely outcome, and if that is the case by using half of your bitcoins to invest in real estate then you will be losing money instead of earning it.

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Oneandpure
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November 10, 2019, 01:17:58 AM
 #194

Having so many bitcoins, I would not sell them completely. I would leave part of the amount in Bitcoin for a few more years, some would be invested in other crypto assets, and some would be withdrawn in fiat and invested in a small business that would bring me pleasure.

Why have to selling all bitcoin if you have assets, why not hold if you have many bitcoin and wait when bitcoin break with higher price to sell, maybe if I have 60 btc I will use for holding and half using for investing on altcoin, I think better increase our bitcoin assets by investing with altcoin than hold bitcoin only.

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Aikidoka
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November 10, 2019, 01:54:28 AM
 #195

If I get such Bitcoins, I will never convert that bitcoins to anywhere unless the market get settled. We may wait for sometime and convert the bitcoin at the time to fiat cash.
Later that might be I will go to invest on the best option in my sorrounding to make the best investment returns with the amount you do on it.
Same here, I don't think that I'll convert my bitcoin really soon. I'm just waiting the good moment to convert some of it to fiat otherwise I will wait till the price goes up. I'm sure that bitcoin price will grow up slightly in the next few months and maybe after 1 more year. I just want to hold and use a few of my bitcoin in some good investments, trading is a good choice though.
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November 10, 2019, 05:56:47 AM
 #196

Sixty Bitcoins at $8000 apiece, it is 480 thousand dollars. The amount is not that big if you live in a country with high prices. You can open a small business for this amount and gradually develop it. But part of the funds, about 20%, I would reinvest in the most promising cryptocurrencies. 

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November 10, 2019, 06:27:18 AM
 #197

Having so many bitcoins, I would not sell them completely. I would leave part of the amount in Bitcoin for a few more years, some would be invested in other crypto assets, and some would be withdrawn in fiat and invested in a small business that would bring me pleasure.

in fact, that is what I will most likely do. 60 bitcoin is too much, so holding it until it costs more than $ 12k would be better than turning it into another coin. bitcoin is the best coin of all crypto, and until now its development will lead to a better direction. So far, I see the choice of people holding bitcoin more than other coins.

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barota
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November 10, 2019, 02:49:45 PM
 #198

hold your bitcoin for long term and when prices reach over 50000 usd per btc you can sell some or sell when prices rise over 100000 usd per btc. number of investors grow day by day .look to prices of past year no one expect this current level . so if you sell there is always who buy too . for this reason prices bitcoin will rise to high level more than this level much

makolz26
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November 11, 2019, 06:55:05 AM
 #199

hold your bitcoin for long term and when prices reach over 50000 usd per btc you can sell some or sell when prices rise over 100000 usd per btc. number of investors grow day by day .look to prices of past year no one expect this current level . so if you sell there is always who buy too . for this reason prices bitcoin will rise to high level more than this level much



As per me, the 60 Bitcoin is too high enough for me, so for me I would just rather hold at least 20 Bitcoin and cash out the 40 Bitcoins, then will do traditional business with it, I will put up business such as computer shop, lending company and small time groceries, I will also invest in real estate by buying some lands as the value of land is appreciated so I will maximize it.
red4slash
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November 11, 2019, 07:54:53 AM
 #200

hold your bitcoin for long term and when prices reach over 50000 usd per btc you can sell some or sell when prices rise over 100000 usd per btc. number of investors grow day by day .look to prices of past year no one expect this current level . so if you sell there is always who buy too . for this reason prices bitcoin will rise to high level more than this level much



As per me, the 60 Bitcoin is too high enough for me, so for me I would just rather hold at least 20 Bitcoin and cash out the 40 Bitcoins, then will do traditional business with it, I will put up business such as computer shop, lending company and small time groceries, I will also invest in real estate by buying some lands as the value of land is appreciated so I will maximize it.
indeed a large amount if investing with 60 btc. maybe it would be better if part of it is used for traditional business in the real world and the other part is to invest in crypto which aims to minimize errors if all funds are put into crypto investment

R


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