Bitcoin Forum
April 19, 2024, 03:48:46 PM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 [4] 5 6 7 8 9 10 11 12 »  All
  Print  
Author Topic: Where do you invest 60 BTC?  (Read 1665 times)
boltz
Legendary
*
Offline Offline

Activity: 3150
Merit: 1186



View Profile
October 30, 2019, 03:29:42 PM
 #61

If you have 60 BTC , you already have an investment so no need to make another one. Besides this , holding 60 BTC would change your life in some years so all your hard work would be extra profitable in the end and I doubt you will ever work again haha. But sure , if you want some extra investment , wait for a bull run , cash out and start a business into crypto space to help spreading the word about cryptocurrencies....there is always a 2nd option , to make a small investments into altcoins but when you already have that amount of Bitcoin , I don't see the reason.

███▄▀██▄▄
░░▄████▄▀████ ▄▄▄
░░████▄▄▄▄░░█▀▀
███ ██████▄▄▀█▌
░▄░░███▀████
░▐█░░███░██▄▄
░░▄▀░████▄▄▄▀█
░█░▄███▀████ ▐█
▀▄▄███▀▄██▄
░░▄██▌░░██▀
░▐█▀████ ▀██
░░█▌██████ ▀▀██▄
░░▀███
▄▄██▀▄███
▄▄▄████▀▄████▄░░
▀▀█░░▄▄▄▄████░░
▐█▀▄▄█████████
████▀███░░▄░
▄▄██░███░░█▌░
█▀▄▄▄████░▀▄░░
█▌████▀███▄░█░
▄██▄▀███▄▄▀
▀██░░▐██▄░░
██▀████▀█▌░
▄██▀▀██████▐█░░
███▀░░
1713541726
Hero Member
*
Offline Offline

Posts: 1713541726

View Profile Personal Message (Offline)

Ignore
1713541726
Reply with quote  #2

1713541726
Report to moderator
1713541726
Hero Member
*
Offline Offline

Posts: 1713541726

View Profile Personal Message (Offline)

Ignore
1713541726
Reply with quote  #2

1713541726
Report to moderator
1713541726
Hero Member
*
Offline Offline

Posts: 1713541726

View Profile Personal Message (Offline)

Ignore
1713541726
Reply with quote  #2

1713541726
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1713541726
Hero Member
*
Offline Offline

Posts: 1713541726

View Profile Personal Message (Offline)

Ignore
1713541726
Reply with quote  #2

1713541726
Report to moderator
1713541726
Hero Member
*
Offline Offline

Posts: 1713541726

View Profile Personal Message (Offline)

Ignore
1713541726
Reply with quote  #2

1713541726
Report to moderator
1713541726
Hero Member
*
Offline Offline

Posts: 1713541726

View Profile Personal Message (Offline)

Ignore
1713541726
Reply with quote  #2

1713541726
Report to moderator
Kambal2000
Sr. Member
****
Offline Offline

Activity: 686
Merit: 257


View Profile
October 30, 2019, 03:30:51 PM
 #62

if I have that much investment capital I will invest by dividing the capital I have, 70% for bitcoin and 30% for investment in altcoin because I know that very fast price movements are bitcoin while altcoin will follow the movements of bitcoin prices so that is why I choose investments in bitcoin and altcoin in different divisions.

I wish would have the chance to earn that much Bitcoin too, if he have save it until now then that's really a lot od money and definitely will change his life.

Anyway, if given the chance I will save half of it, will start business and do investment on the other half, will not buy things I want first, but I will maximize it first.

Dabs
Legendary
*
Offline Offline

Activity: 3416
Merit: 1912


The Concierge of Crypto


View Profile
October 30, 2019, 03:33:29 PM
Merited by Fappanu (1)
 #63

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.

1. Single = no need to worry about anyone else, no children, no dependents.
2. Do you have an emergency fund, or savings, in fiat, other than the BTC?

I used to run a casino, it cost me about 10 BTC at today's prices (it cost more in BTC 3 years ago) ... I'm involved in another one that's about to start, all they really need is a bankroll to fund it as the casino is ready to go. You could try doing that with any other bitcoin casino as well.

You can take a greater risk if you want, just be aware that it's quite possible for you to lose any amount you put in, so maybe not the whole 60 BTC.

On the other hand, do you have fiat reserves, as in very liquid as good as cash? You should have an emergency fund that is worth 3 to 6 months (or more) of your total monthly expenses, so if you suddenly become unemployed for that long, you'll be good.

For example, let's say your monthly expenses including rent, food, groceries, transportation, internet, TV, phone, etc etc. (and you can cut down on some things too, to save money) is about ... $3000. You'll want to set aside 3 to 6 months and that would be = $9000 to $18000. So at today's prices, if you don't have any other cash in your bank account, sell 2 or 3 BTC to get to around $18000. Or a little bit more.

That is your emergency fund, you don't use it for anything, you don't buy a lambo with it, you just keep it in a bank account you can access. Preferably an account with no fees and higher than normal interest rate (I wouldn't really care because they all give 1% to 2% per year interest rates.)

You could also look into stable coins, my preference would be DAI (from Maker) as opposed to all the other ones, followed by USDT simply because they have the largest marketcap of all stablecoins and every exchange on the planet trades them.

That leaves you with about 57 BTC left.

If you want something passive now, in my opinion, the best investment would be a broad market index fund or ETF, depending on what country you live in, these things invest in hundreds or thousands of large cap businesses, like the S&P 500, or if you have access to it, the Vanguard Total Stock Market Funds. You'll get maybe 8% to 12% per year on those. This is a long term investment.

As for others, that depends on how much time you want to study them. There are dividend paying stocks, usually in the banking, energy and oil sectors. There are also REITS, (real estate investment trusts) that pay monthly or quarterly, and you don't have to bother with collecting rent, they do that for you.

If you're willing to take the gamble, cash out some, maybe dollar cost average, and invest in those. Leave some in BTC, put it in cold storage and just HODL it. Donate some to those in need maybe. I'd probably leave at least 10, maybe 20 BTC. I'd create a new wallet using either Bitcoin Core or Electrum, do a couple of tests, then send them to 10 or 20 addresses (1 BTC each, more or less, does not have to be exact.) and make several backups.

If all your other investments do ok, you'll have a decent passive income, plus a nest egg of 10 to 20 BTC, which, in another 5 to 10 years could be worth $100k to $1m each, and at that point you have a nice problem what to do with it. (I'd cash out some of it to add to my emergency fund and other traditional fiat investments.)

Find out what you really need right now, save the rest, invest smartly.

Fappanu
Sr. Member
****
Offline Offline

Activity: 1111
Merit: 255


View Profile
October 30, 2019, 03:36:33 PM
 #64

60 BTC is a huge amount of money, and the first thing I do is to retire my job immediately! This is a huge sum of money enough for me to live without doing anything. But since it was too much money for me I would donate a small percentage to charities that accept bitcoin as a donation. And the rest is for my hope of peace in life. While it is still holding on to my wallet and looking forward to bitcoin price rise again.
coin-investor
Hero Member
*****
Online Online

Activity: 2814
Merit: 571


Leading Crypto Sports Betting & Casino Platform


View Profile
October 30, 2019, 03:58:30 PM
 #65

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 have 60 Bitcoin right now, I would not even think of selling all of it, maybe I will just sell 20 Bitcoin and set up a grocery, I just want a simple with a steady income, with the way things are going right now, selling Bitcoin, all of it is out of the question, since I live in a third world country any increase on the price will have a good impact in my economy.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Darooghe
Sr. Member
****
Offline Offline

Activity: 1120
Merit: 255



View Profile
October 30, 2019, 04:02:25 PM
Last edit: October 30, 2019, 04:12:58 PM by Darooghe
 #66

HODLING is a good strategy in crypto If you believe that in the long term cryptocurrencies will see much broader adoption and use, and that the currencies you are holding are likely front-runners in their area of technology, It’s the equivalent of being a long-term stock investor like Warren Buffett. You are choosing top issues in what you feel is an undervalued, emergent industry and you intend to hold until they reach their full potential regardless of what the market does. In fact, you may buy more on $10,000.

All successful people never look at anything negative, we always look at the positive, longer term holding in most markets is a more successful strategy for the average saver or investor. Short-term trading by amateurs, whether in stocks or in cryptocurrencies on in real estate or other things, is usually less successful.
jakoylantern
Full Member
***
Offline Offline

Activity: 560
Merit: 107


View Profile
October 30, 2019, 04:34:10 PM
 #67

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
For me, it still depends on your study what will you do to your BTC/ money. Because if you are tired of waiting that the price of bitcoin will increase and already have an excellent plan to your money, what is the odds of waiting for bitcoin to rise again then starting a new investment/ business. I know that besides earning bitcoin in different methods, you still have a different source of income. Also, you can start a small business using 50% or 30% to create more business/ source of income, especially if you still want to hold some of your BTC. Smiley
Dreamr
Member
**
Offline Offline

Activity: 263
Merit: 10


View Profile
October 30, 2019, 05:04:37 PM
 #68

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

60 Bitcoins are enough to start your own local cryptocurrency exchange in your country. You can start with small cryptocurrency exchange within your own locality and build a reputation and before you know it after a couple of years you'll become a popular cryptocurrency exchange.
mindrust
Legendary
*
Offline Offline

Activity: 3234
Merit: 2406



View Profile
October 30, 2019, 05:09:31 PM
 #69

BTC it self is the investment. You don't need to invest in anything else. Whatever you do with that money you will probably end up with starting a business, not really investing. That is $500-600k which enables many options. You may even start an online casino. I've seen casinos with bankroll less than this amount.

.
.BLACKJACK ♠ FUN.
█████████
██████████████
████████████
█████████████████
████████████████▄▄
░█████████████▀░▀▀
██████████████████
░██████████████
████████████████
░██████████████
████████████
███████████████░██
██████████
CRYPTO CASINO &
SPORTS BETTING
▄▄███████▄▄
▄███████████████▄
███████████████████
█████████████████████
███████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
███████████████████████
█████████████████████
███████████████████
▀███████████████▀
█████████
.
xvids
Sr. Member
****
Offline Offline

Activity: 1176
Merit: 301



View Profile
October 30, 2019, 05:11:10 PM
 #70

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.

mk4
Legendary
*
Offline Offline

Activity: 2744
Merit: 3830


Paldo.io 🤖


View Profile
October 30, 2019, 05:56:39 PM
 #71

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.

█▀▀▀











█▄▄▄
▀▀▀▀▀▀▀▀▀▀▀
e
▄▄▄▄▄▄▄▄▄▄▄
█████████████
████████████▄███
██▐███████▄█████▀
█████████▄████▀
███▐████▄███▀
████▐██████▀
█████▀█████
███████████▄
████████████▄
██▄█████▀█████▄
▄█████████▀█████▀
███████████▀██▀
████▀█████████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
c.h.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀█











▄▄▄█
▄██████▄▄▄
█████████████▄▄
███████████████
███████████████
███████████████
███████████████
███░░█████████
███▌▐█████████
█████████████
███████████▀
██████████▀
████████▀
▀██▀▀
GideonGono
Hero Member
*****
Offline Offline

Activity: 1988
Merit: 501


★Bitvest.io★ Play Plinko or Invest!


View Profile WWW
October 30, 2019, 06:19:59 PM
 #72

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.



.
.BIG WINNER!.
[15.00000000 BTC]


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████

▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░████
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████

██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░

██░▄▄▄▄░████▄▄██▄░░░░
████████████▀▀▀▀▀▀▀██
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄

██░████████░███████░█
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████

▀████████████████████▀




Rainbot
Daily Quests
Faucet
60BTC (OP)
Newbie
*
Offline Offline

Activity: 24
Merit: 0


View Profile
October 30, 2019, 06:55:22 PM
 #73

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?
Dabs
Legendary
*
Offline Offline

Activity: 3416
Merit: 1912


The Concierge of Crypto


View Profile
October 30, 2019, 07:35:49 PM
 #74

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.

StayFly
Member
**
Offline Offline

Activity: 168
Merit: 10


View Profile
October 30, 2019, 08:01:49 PM
 #75

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.
fawkesnymous
Jr. Member
*
Offline Offline

Activity: 108
Merit: 1

the revolution must be tokenized


View Profile
October 30, 2019, 08:08:53 PM
 #76

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

Activity: 2926
Merit: 570


Leading Crypto Sports Betting & Casino Platform


View Profile
October 30, 2019, 08:47:46 PM
 #77

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.

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.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
ludofin
Newbie
*
Offline Offline

Activity: 15
Merit: 0


View Profile WWW
October 30, 2019, 09:02:35 PM
 #78

I would just hold, not many inviduals will possess that amount in near future.
adzino
Copper Member
Hero Member
*****
Offline Offline

Activity: 2968
Merit: 574


www.Crypto.Games: Multiple coins, multiple games


View Profile
October 30, 2019, 09:38:45 PM
 #79

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.

█████████████████████████
███████▄▄▀▀███▀▀▄▄███████
████████▄███▄████████
█████▄▄█▀▀███▀▀█▄▄█████
████▀▀██▀██████▀██▀▀████
████▄█████████████▄████
███████▀███████▀███████
████▀█████████████▀████
████▄▄██▄████▄██▄▄████
█████▀▀███▀▄████▀▀█████
████████▀███▀████████
███████▀▀▄▄███▄▄▀▀███████
█████████████████████████
.
 CRYPTOGAMES 
.
 Catch the winning spirit! 
█▄░▀███▌░▄
███▄░▀█░▐██▄
▀▀▀▀▀░░░▀▀▀▀▀
████▌░▐█████▀
████░░█████
███▌░▐███▀
███░░███
██▌░▐█▀
PROGRESSIVE
      JACKPOT      
██░░▄▄
▀▀░░████▄
▄▄▄▄██▀░░▄▄
░░░▀▀█░░▀██▄
███▄░░▀▄░█▀▀
█████░░█░░▄▄█
█████░░██████
█████░░█░░▀▀█
LOW HOUSE
         EDGE         
██▄
███░░░░░░░▄▄
█▀░░░░░░░████
█▄░░░░░░░░█▀
██▄░░░░░░▄█
███▄▄░░▄██▌
██████████
█████████▌
PREMIUM VIP
 MEMBERSHIP 
DICE   ROULETTE   BLACKJACK   KENO   MINESWEEPER   VIDEO POKER   PLINKO   SLOT   LOTTERY
crzy
Full Member
***
Offline Offline

Activity: 2128
Merit: 180


View Profile
October 30, 2019, 09:45:00 PM
 #80

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.
Pages: « 1 2 3 [4] 5 6 7 8 9 10 11 12 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!