Asuspawer09
|
|
November 02, 2019, 08:15:49 AM |
|
Suppose you earned 60 BTC 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 think if you already have 60BTC it is already a good investment especially that is Bitcoin when we are investing in bitcoin we could get a big amount of profit but the thing is bitcoin already have a high market price so we can invest our money but we can't afford to buy a big volume investment of bitcoin because it cause thousands of dollars in the market. But in this scenario, if you have 60Bitcoin the best thing to do is to hold it until you get a decent amount to sell your bitcoin also 60bitcoin is not a small amount you could just cash out a small percentage of this money to invest in other business or investments.
|
|
|
|
Asyifiah
Sr. Member
Offline
Activity: 686
Merit: 262
Enterapp Pre-Sale Live
|
|
November 02, 2019, 11:13:16 AM |
|
Can you trade on the market ? if you have the ability to trade, do it. 60 btc is a very large and high-risk fund. You should separate your bitcoin in several wallets and choose an exchanger that has a good reputation, especially in terms of privacy and security.
|
| | │ | ██████████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████████ | CRYPTO WEB3 NEOBANK | ██████████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████████ | │ | | | | | |
|
|
|
Sahyadri
|
|
November 02, 2019, 11:28:40 AM |
|
Suppose you earned 60 BTC 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 think you should do option or future trading. This way you can benefit from the rise or fall in BTC price and can multiply that too. But that involves risk. You stand to lose a lot too if trading is not done properly. If you have a business idea, you can always pursue that as 60 BTC make up to $550k which is a decent amount. I don't think half a million is enough to retire and don't do anything. But if invested properly, it can give decent monthly income.
|
|
|
|
Wawa2013
|
|
November 02, 2019, 12:09:56 PM |
|
60 BTC is a huge amount for me, if I can collect that much btc from the results of my hard work, then I want to buy a house, land, and buy other assets such as houses and cars, also I want to open real business. I also want to give charity to the poor as much as 2 btc and the rest will reinvest in bitcoin as much as 10 btc and altcoin 3 btc. I will invest in altcoin which is very potential, maybe some altcoins that are already in my portfolio. That is my dream so far.
|
|
|
|
Boov
|
|
November 02, 2019, 01:07:43 PM |
|
I would spend half maybe for a business. Its better to have other source of income. I will hold the other half to just wait for the best price. I cannot completely suspend my btc life for 60btc. Its a long journey for me. Its been part of my everyday life. Having both btc and my own business are very well-enough for me. I can divert myself to either of two whenever it needs me.
If I have that kind of money I will invest it in bussiness too,so that while I am trading and putting it in long term I will manage my bussiness. Aside from cryptomarket trading maybe 20% would be put in physical bussiness then 30% will be on altcoins and the rest I will hodl it.
|
|
|
|
peter0425
Sr. Member
Offline
Activity: 2758
Merit: 453
CryptopreneurBrainboss managerial service
|
|
November 02, 2019, 01:41:23 PM |
|
Suppose you earned 60 BTC 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? Lol 60btc is already a huge amount and enough to feed you and your grand children for life ,(but of course not luxurious ways of living) Maybe I will buy a buses and use as passenger bus so I will have a profit and my money will not spend that fast,or will have a restaurant since my mother loves to cook and so as my wife,they will be a good partners. And the 10btc will be spread to at least 10 altcoins as my crypto investments for the future
|
|
|
|
Memminger
|
|
November 02, 2019, 01:50:15 PM |
|
If I ever had 60 BTC along with the scenarios you had given then I would like to keep the half of it as a means of investment and extreme hold since I believe that Bitcoin's price in the upcoming years would surge extremely. While the other half, I would like to use it by creating a business of mine that would let me earn a passive income which would not really make me an active worker for the job. Building a rental space would be great idea or franchising even.
|
|
|
|
Leonardo7
Member
Offline
Activity: 686
Merit: 15
|
|
November 02, 2019, 03:06:43 PM |
|
If that happens which is very possible, I will just sell off 20BTC and established an offline business, use 1BTC for altcoin trading, use 5BTC in USDT/BTC trading, 3 can be used for a charity project and the rest will be locked in a cold wallet for the next bull run.
|
|
|
|
pundit
|
|
November 02, 2019, 04:21:31 PM |
|
If I have 60 BTC, I will surely divide this amount in different investment options. Withdrawing some cash, investing it into some hard assets like real estate or Gold and keeping some amount in the form of hard cash etc. I will keep some amount as BTC only and will look for price appreciation opportunity. I will think of starting a small enterprise to generate employment and keep myself busy and ofcourse some cash for enjoyment.
|
|
|
|
agentx44
|
|
November 02, 2019, 04:47:53 PM |
|
Suppose you earned 60 BTC 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 would get the chance to have 60 BTC, I would probably invest it on business. Supposedly it was through my 5 years of hardwork and patience, I wouldn't mind dreaming for a higher price anymore since I've been doing that for so long already. I would rather dream for my business to get bigger so that the money I would passively earn can help me and my family secure a suffecient and better life but still I would invest still on crypto so that I can extend my earnings and build a better future for myself.
|
|
|
|
Kersh768
Sr. Member
Offline
Activity: 658
Merit: 256
Freshdice.com
|
|
November 02, 2019, 04:51:20 PM |
|
Suppose you earned 60 BTC 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 BTC is a huge amount of money by that time for sure. As a habit, I would go to Casinos and give my fortune a try there but I wouldn't drain whole of my earnings there, I would do it for fun most probably. Cryptocasinos also can be a thing but I would prefer more going in real casinos since the gamble is cheaper there. I would also try running a business, one that involves the use of cryptocurrency so that I can help in revolutionizing the idea of using it all over the world. I want to help still the mean I had to be rich in any ways possible.
|
|
|
|
smyslov
|
|
November 02, 2019, 05:14:13 PM |
|
Suppose you earned 60 BTC 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 could got a better answer if you posted this after the halving, this is not the right time to sell Bitcoin, halving is coming and if you know the history of past halving, you knew good price is coming our way, but if I earned that Bitcoin and the price has stabilized, I'll go for buy and sell maybe trade half of it, that's enough money to go buy and sell business at the current market price, I'll go for computer peripherals and gadgets.
|
|
|
|
bitzizzix
|
|
November 02, 2019, 06:08:33 PM |
|
If I have 60BTC, I will take half of it to be used as business capital and for living needs and facilitate it for the happiness and comfort of myself and my family in life and I will also share 2.5% for those who need it.
and the other half I will make a long-term investment with the reason I do not want to worry and panic that can interfere with the comfort of my life, and I'm just waiting for Bitcoin to reach the highest price so that I can enjoy the benefits I get for doing the same thing as before, and only the needs are different.
|
|
|
|
Free1bitco.in
|
|
November 02, 2019, 06:46:23 PM |
|
Oh God, 60 bitcoin is around $ 558,500, and that is a very big amount. even more so if we hold it in and the price increases The first thing I thought of was creating a business that could maintain that balance. so that I have an income that always covers the use of money that I do, I need to build a big business, and invest in companies that have high potential to make greater profits, and provide a good enough income. Thinking about using that kind of money to have fun first is not a good idea, I have felt this way, and I was wrong about that. my current thinking is raising capital to build a business.
|
|
|
|
LUCKMCFLY
Legendary
Offline
Activity: 2520
Merit: 1872
Leading Crypto Sports Betting & Casino Platform
|
|
November 02, 2019, 07:01:32 PM |
|
Suppose you earned 60 BTC 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 put 30 BTC in pure investment, that is, wait until the bullish trend arrives, I would allocate 15 BTC to do long and medium-term trading, and another 15 BTC would allocate them to diversify either buying gold and some stock from the Stock Market. The reason for 30 BTC in Investment is because it will always be a gain, no matter how long it takes, bitcoin will always exceed its last ATH every time. The 15 BTC to allocate to trading is where you would withdraw the profits from the movements to pay bills, trips in addition to the expenses of daily living, and always being alive in the market. The other 15 BTC would allocate them to gold and some other stock market action, just for being one of the tips they recommend in Malkiel Burton's book called "A random walk on Wall Street", which, financially, it is advisable to have some type of diversification
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
rdluffy
Legendary
Offline
Activity: 2338
Merit: 1392
|
|
November 02, 2019, 10:22:26 PM |
|
OMG, it's a lot of money, and the best thing, at least for me, IMO is to diversify I would leave some percentage in BTC, invest in another kind of investment, here in my country we have some very secure investments, and I would buy a house or 2 to rent And I would never work for money again, just for me personal development and satisfaction
|
| | . .Duelbits│SPORTS. | | | ▄▄▄███████▄▄▄ ▄▄█████████████████▄▄ ▄███████████████████████▄ ███████████████████████████ █████████████████████████████ ███████████████████████████████ ███████████████████████████████ ███████████████████████████████ █████████████████████████████ ███████████████████████████ ▀████████████████████████ ▀▀███████████████████ ██████████████████████████████ | | | | ██ ██ ██ ██
██ ██ ██ ██
██ ██ ██ | | | | ███▄██▄███▄█▄▄▄▄██▄▄▄██ ███▄██▀▄█▄▀███▄██████▄█ █▀███▀██▀████▀████▀▀▀██ ██▀ ▀██████████████████ ███▄███████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ▀█████████████████████▀ ▀▀███████████████▀▀ ▀▀▀▀█▀▀▀▀ | | OFFICIAL EUROPEAN BETTING PARTNER OF ASTON VILLA FC | | | | ██ ██ ██ ██
██ ██ ██ ██
██ ██ ██ | | | | 10% CASHBACK 100% MULTICHARGER | │ | | │ |
|
|
|
ufaiz50
|
|
November 03, 2019, 05:48:59 AM |
|
Suppose you earned 60 BTC 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? Imagination is quite high and difficult to achieve if the value of bitcoin is as high now. If you want to be financially free then a good investment without the hassle of doing something is to make a deposit, where you can manage interest rates and inflation quite easily. In the current bitcoin rate, you can live simply until you die without thinking about money.
|
|
|
|
. ..1xBit.com Super Six.. | ▄█████████████▄ ████████████▀▀▀ █████████████▄ █████████▌▀████ ██████████ ▀██ ██████████▌ ▀ ████████████▄▄ ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ ▀██████████████ | ███████████████ █████████████▀ █████▀▀ ███▀ ▄███ ▄ ██▄▄████▌ ▄█ ████████ ████████▌ █████████ ▐█ ██████████ ▐█ ███████▀▀ ▄██ ███▀ ▄▄▄█████ ███ ▄██████████ ███████████████ | ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ ███████████▀▀▀█ ██████████ ███████████▄▄▄█ ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ | ▄█████ ▄██████ ▄███████ ▄████████ ▄█████████ ▄██████████ ▄███████████ ▄████████████ ▄█████████████ ▄██████████████ ▀▀███████████ ▀▀███████ ▀▀██▀ | ▄▄██▌ ▄▄███████ █████████▀ ▄██▄▄▀▀██▀▀ ▄██████ ▄▄▄ ███████ ▄█▄ ▄ ▀██████ █ ▀█ ▀▀▀ ▄ ▀▄▄█▀ ▄▄█████▄ ▀▀▀ ▀████████ ▀█████▀ ████ ▀▀▀ █████ █████ | ▄ █▄▄ █ ▄ ▀▄██▀▀▀▀▀▀▀▀ ▀ ▄▄█████▄█▄▄ ▄ ▄███▀ ▀▀ ▀▀▄ ▄██▄███▄ ▀▀▀▀▄ ▄▄ ▄████████▄▄▄▄▄█▄▄▄██ ████████████▀▀ █ ▐█ ██████████████▄ ▄▄▀██▄██ ▐██████████████ ▄███ ████▀████████████▄███▀ ▀█▀ ▐█████████████▀ ▐████████████▀ ▀█████▀▀▀ █▀ | . Premier League LaLiga Serie A | . Bundesliga Ligue 1 Primeira Liga | | . ..TAKE PART.. |
|
|
|
fiulpro
|
|
November 03, 2019, 09:32:41 AM |
|
Bitcoins are an investment in itself .
If the price is really really high , I would encash and then invest in gold and other precious metals .
Or putting them in a bank would also do , some give you 7% per year and it's safe and secure
Also at the same time you could lend the money to someone ! This way you could easily be able to get 10% or something per year .
Stock market is too risky and shares are not a good idea.
|
|
|
|
riso2015
Sr. Member
Offline
Activity: 1246
Merit: 254
Trphy.io
|
|
November 03, 2019, 09:50:03 AM |
|
I will retire if I have 60 BTC, I will open a shop in my city that only requires 10 BTC of capital. 50 btc leftover from that I will invest as my long-term investment. You can use these assets to buy some good Altcoin like LTC or BNB. Do not invest in just one coin because it is very risky.
|
|
|
|
Krislaw
|
|
November 03, 2019, 11:47:01 AM |
|
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.
|
|
|
|
|