Where do you invest 60 BTC?

[60BTC]

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?  

[ChrisPop]

I would invest them in my wallet haha jokes aside I would probably get around a quarter out to invest into a hard real asset like a couple of apartments that will provide me a stable monthly return. I would keep the rest in BTC in my wallet because I'm so bullish on it long term.

[big_daddy]

hodl, than on 100k, sell half, than hodl again

will "gamble" with some 5% on some mayor alts, but not now, they will fall a little more

[60BTC]

I would invest them in my wallet haha jokes aside I would probably get around a quarter out to invest into a hard real asset like a couple of apartments that will provide me a stable monthly return. I would keep the rest in BTC in my wallet because I'm so bullish on it long term.

But don't you think in the long run you would earn more by holding bitcoin instead of selling and then buying apartments to earn monthly income?

hodl, than on 100k, sell half, than hodl again

will "gamble" with some 5% on some mayor alts, but not now, they will fall a little more

100k each bitcoin you mean?

[mk4]

There's really no perfect answer here. It completely depends on your circumstances. If BTC60 is really pretty much everything you have in a financial standpoint, then even though I really don't want to sell on the current price($9,200), I would most definitely sell more than half of it just for financial security(the amount I suggest selling would sell completely depends on what country you're in and how much your monthly bills are). And I would simply use the money for an emergency fund, and to start businesses. If you didn't sell and the price crashed 70-90% in a short timespan due to whatever reason, you'd be screwed. Diversification is always the smart thing to do.

[60BTC]

There's really no perfect answer here. It completely depends on your circumstances. If BTC60 is really pretty much everything you have in a financial standpoint, then even though I really don't want to sell on the current price($9,200), I would most definitely sell more than half of it just for financial security(the amount I suggest selling would sell completely depends on what country you're in and how much your monthly bills are). And I would simply use the money for an emergency fund, and to start businesses. If you didn't sell and the price crashed 70-90% in a short timespan due to whatever reason, you'd be screwed. Diversification is always the smart thing to do.

No what if you earned that much bitcoin by working part time for five years? You have stable job and earning in fiat too but also manage to earn 60BTC by working part time 3 hours daily for five years? then what would you do with that 60BTC. Is holding that amount long term a good idea if you are already financially secured in fiat?

[big_daddy]

100k each bitcoin you mean?

exact

[NeuroticFish]

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.

[Wysi]

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?  

Obviously I would use it in real estate and build a small Township which will give me a stable income and I would probably invest  some of them to establish a restaurant chain as food and shelter is something important for human being and it will fetch you money forever.  There are lot of plan but these two are my goals.

[Oasisman]

~snip~

No what if you earned that much bitcoin by working part time for five years? You have stable job and earning in fiat too but also manage to earn 60BTC by working part time 3 hours daily for five years? then what would you do with that 60BTC. Is holding that amount long term a good idea if you are already financially secured in fiat?

You already answered your own question. Holding it until the price reach your target would be the best option in your scenario. Since you have a stable job, I assume you wont bother to trade to avoid yourself from being over stressed.
You must be very lucky if you're financially stable with fiat while holding that huge amount of Bitcoin. Hold it for your retirement instead.

[mk4]

No what if you earned that much bitcoin by working part time for five years? You have stable job and earning in fiat too but also manage to earn 60BTC by working part time 3 hours daily for five years? then what would you do with that 60BTC. Is holding that amount long term a good idea if you are already financially secured in fiat?

It still really depends on some factors. How much fiat have I earned for those 5 years?

If:

• it's a well paying job
• I don't see myself getting fired anytime soon
• the industry I'm working at is sort of "evergreen"
• I don't have any children
• I have enough money saved to support myself for 5-10 years without a job(just to be really sure)

I would most probably hold the BTC60 as I'm really bullish on it in the long term. And probably just sell fractions of a BTC if I really really need money.

[Astvile]

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'll pick the smartest choice I can think of. Starting a business I think. I don't wanna gamble that big amount of money ( yes there is a risk in business but the risk in business can be predicted/analyzed and fixed easily not unlike bitcoin trading). Retirement isn't the best choice and no one would pick it for sure, money won't circulate and profit.

[lepbagong]

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?  

You can do a lot if you have that much bitcoin. the first is clearly still putting part or half of it fixed on bitcoin because bitcoin is a reliable long-term investment. some can be invested in altcoin that is already listed on the exchange, which is not a little altcoin is also quite good. or you can exchange some of it for fiat for business, don't just crypto it.

[60BTC]

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.

Really some great answers are coming up and i am glad. I agree about not holding bitcoin in custodian wallet but due to inflation my bitcoin won't increase.I read about Celsius Network which gives interest? Anyone tried it? Any bitcoin crypto ideas?

~snip~

No what if you earned that much bitcoin by working part time for five years? You have stable job and earning in fiat too but also manage to earn 60BTC by working part time 3 hours daily for five years? then what would you do with that 60BTC. Is holding that amount long term a good idea if you are already financially secured in fiat?

You already answered your own question. Holding it until the price reach your target would be the best option in your scenario. Since you have a stable job, I assume you wont bother to trade to avoid yourself from being over stressed.
You must be very lucky if you're financially stable with fiat while holding that huge amount of Bitcoin. Hold it for your retirement instead.

I don't know jack shit about trading so it is not for me sadly but if i knew trading i would be doubling that amount in a year.

No what if you earned that much bitcoin by working part time for five years? You have stable job and earning in fiat too but also manage to earn 60BTC by working part time 3 hours daily for five years? then what would you do with that 60BTC. Is holding that amount long term a good idea if you are already financially secured in fiat?

It still really depends on some factors. How much fiat have I earned for those 5 years?

If:

• it's a well paying job
• I don't see myself getting fired anytime soon
• the industry I'm working at is sort of "evergreen"
• I don't have any children
• I have enough money saved to support myself for 5-10 years without a job(just to be really sure)

I would most probably hold the BTC60 as I'm really bullish on it in the long term. And probably just sell fractions of a BTC if I really really need money.

I can answer your points.I am 27 yrs old web developer.decent pay.not married,financially stable in fiat.if i keep holding bitcoin thoughts do come to my mind will i be multi millionaire in future/the price crash to zero. I am thinking of starting a dice casino in crypto to make passive income but have no idea how much it cost to start such business.

[Cityhunter123]

I would invest in some small business.

[bitcoin31]

Once a persom have that amount they have a time that they enjoy their money first and once they spend mosr of them they think to invest or the remaining. But for the first place once I have 60 bitcoin and I don't want to work I will cashout maybe 20 bitcoin for my savings and the other is to invest still in cryptocurrency and start a business to earn more money again.

[Palider]

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?  

1. Of course I use 20% of my bitcoin to reward myself on vacation with my wife and children.

2) And second I will use 30% to build a business that will help with our daily needs.

3) And the remaining 50% will be used for the emergency fund and the same time will be for hold.

[CarnagexD]

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 ever I earn 60 bitcoin I guess I will probably hold it until the price goes up. Every year we might see a good uprising price of bitcoin that's why it is totally good to hold. One of my plans, if I have 60 bitcoin, is the half of it will be used in a business and the rest will remain on my wallet or simply I will hold it. It's better to use the bitcoin in some business so you can still earn more money. I know some of us will have same idea with me because having a good business will totally support you financially.

[MURONDI]

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 bitcoin is impossible for me to get  , but if I have 60 bitcoin, I will divide it into 3 parts, I store 20 bitcoin in a safe wallet or I trade, 20 bitcoin again for real business capital property business, the rest for me to enjoy, buy a house, have fun and also for the holidays.

[gentlemand]

It depends where you live. In some countries at current prices that's enough to live like an emperor for several generations right now. In others that'll won't buy you half a decent sized house in a good area.

Either way there's no such thing as 'investing' it without risking losing all of it instantly or over time. Owning it is the investment. I wouldn't put anything into these places like blockfi.

I don't believe starting a bitcoin business like a casino can possibly compete against what's already out there. All you'll be doing is burning money trying to get a foothold that'll never happen.

I don't know jack shit about trading so it is not for me sadly but if i knew trading i would be doubling that amount in a year.

Don't fall for the pricks who espouse trading. Most people who try it wind up fucking up. I know I would be absolutely guaranteed to.