Cimmy_revenger
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Dextrust.org #Defi
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November 11, 2019, 11:50:32 AM |
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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? 70:30 70 for real asset FIAT , business , retail etc. 30 for cryptocurrency ( BTC , ETH , BNB , XRP , XLM ) Why I'am just spend 30% because cryptocurrency have high risk including a country's legal regulations, the risk of damage to hardware software equipment that you use.
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southafricadude
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November 12, 2019, 01:51:44 AM |
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First, I would hold as much as possible in a secure non-custodial wallet for long term (5 to 10 years minimum), look at around 50%, so 30 Bitcoin Second, I would take 5% of the remaining bitcoin (1.5 bitcoin) and trade it for some very promising altcoins that could also get good returns in the coming years. Third, I would start traveling the world, and visiting cheap countries where money goes a long way. Sell whatever is holding you back, stop all monthly bills etc, and get away from it all. Use that money gained from selling everything to fund your first year abroad. Look at South East Asia (Thailand, Malaysia, Indonesia, Srilanka). If you already have property that is paid off, dont sell that but rent it out while you are away. While traveling, move from country to country traveling on the cheap. You can easily spend a year on a very small budget if you try. When you do need cash, move some bitcoin to an exchange or bitcoin debit card in order to fund your lifestyle. Every time bitcoin 100% gains in value, sell a bit more off the top to fund the world travels.
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k@suy
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November 12, 2019, 03:18:34 AM |
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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? 70:30 70 for real asset FIAT , business , retail etc. 30 for cryptocurrency ( BTC , ETH , BNB , XRP , XLM ) Why I'am just spend 30% because cryptocurrency have high risk including a country's legal regulations, the risk of damage to hardware software equipment that you use. for me I will make the 50% of it in bitcoin , I mean I will not move the half of it, I will let it in that way because I do believe bitcoin itself is a great investment for long term, then the 25% will be on etherium since it is the #2 coin for me, the rest will be base on what they are rank on coinmarketcap so that I will not be mistaker on where do I put my big amount of money.
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lienfaye
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November 12, 2019, 08:14:49 AM |
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Well thats a huge amount that I can think of retiring already.
But I want to be wise by investing the half in crypto particularly to the popular coins, then I will use the other half to build a business.
In this way there's a possibility to grow my money so that my earnings are continuously coming.
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ebykamsiokoro
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November 12, 2019, 09:16:22 AM |
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60 BTC? Wow, that is much money, if you ask me. I mean, if I earned that and have it breathing in my wallet, I'll sell off like 50% and invest the fiat in real estate all over the world. Then I'll retire and have me a good time. One more thing, I'll donate 10% to various charities around the globe and set up a foundation for the less privileged.
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plvbob0070
Copper Member
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November 12, 2019, 11:19:30 AM Last edit: November 12, 2019, 11:30:10 AM by plvbob0070 |
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I would invest in some small business.
Based on what I see most of the members will build a business if they have 60 bitcoin. It is a totally good idea to build your own business because it will become a passive income once it grows. I see other members thay they will hold the half of 60 bitcoin and in fact, having 60 bitcoin is a lot amount of money. I will also do the same where I will hold the half and the half will use to run businesses. 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
Bitcoin is totally good for long term investment that's why we should keep on holding until the price goes up again. If ever the price becomes 50,000 per bitcoin I guess many people turn into a millionaire. I still hope to have 60 bitcoin so I can have a bright future.
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South Park
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November 14, 2019, 05:35:47 PM |
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Well thats a huge amount that I can think of retiring already.
But I want to be wise by investing the half in crypto particularly to the popular coins, then I will use the other half to build a business.
In this way there's a possibility to grow my money so that my earnings are continuously coming.
After thinking about it for some more time I think this is a good idea, even if I really believe that this market is going to keep growing diversifying your source of income is always good, that way instead of just earning money by the reevaluation over time of your coins you will get to use your capital to build a business and in the case your investments in bitcoin does not go as planned you can always rely on your new business to generate a constant stream of profits.
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Kupid002
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November 15, 2019, 06:18:03 AM |
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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. This is the real way most people do if you have that amount. You can open a real business already using that 40 BTC thats big enough for business capital. The other 20 BTC will be enough to just stay and hold it for long term so when the price go higher you can still earn. Investing it in altcoin might also good idea however just choose only a coin you are confident and use only half not all.
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BeManga
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November 15, 2019, 12:59:30 PM |
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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
its good to invest in bitcoin but just holding all the 60 btc and wait for the price rise is not a good idea price of bitcoin is not predictable sometimes price stay in the bottom for a month or more and if that happens it is more likely you will sell bitcoin at much lower price.
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Pamadar
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November 23, 2019, 05:09:19 AM |
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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
its good to invest in bitcoin but just holding all the 60 btc and wait for the price rise is not a good idea price of bitcoin is not predictable sometimes price stay in the bottom for a month or more and if that happens it is more likely you will sell bitcoin at much lower price. The situations are very tough if you are not good in analyzing the market, you'll ending up losing your investment if you failed to anticipate and control yourself. Emotions is very important to overcome as a huge amount of loses can be experienced in a short span of time. But if you are willing to take the risk and you are good in making good judgement, then splitting or keeping your assets and wait till the value rise back is really a good option to take.
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CalliBabe
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November 23, 2019, 02:43:43 PM |
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if I were to get 60btc I would put it in the fast food chain but not all the rest I would keep in my wallet because we know the potential is huge. 2% i would like to share with the charity program here in my country. Then i'll be back on school because I just finished high school only. It is a wonderful dream to have it even if it is just a dream I have it I enjoy.
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ampu
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CLEARSIGHT- THE #1 BLOCKCHAIN JOB PLATFORM
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November 23, 2019, 04:24:00 PM |
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just a hypothesis. I believe that most people will sell part of their bitcoins to cover their lives. If you have the best 60 Bitcoins, keep all of your Bitcoin without investing in anything else. There is no crypto safer than Bitcoin to own in the long run.
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CodyAlfaridzi
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November 23, 2019, 04:58:02 PM |
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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'd keep the 40 BTC in cold storage because I'm a Bitcoin believer lol So it's an early retirement scenario right? Suppose that I sold the rest 20 BTC right now @$7000 it means I have $140K. For a fixed income each month, I would invest $100K in government bonds which in my country has about 6%-8% APR, translating to about $700 per month in dividend which is about twice the minimum salary here and definitely enough for living. The rest of it I would invest in stock market. The return from the stock market either would be reinvested or used for vacation. Damn now I wish I had those 60 BTC, life would be nice lol
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cutesgirl
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November 23, 2019, 05:58:40 PM |
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Hold is the way hot to get profit with your 60 btc, without start invest with altcoin you can get much profit every day just selling and buying bitcoin only, looking when bitcoin have lower price although 4% you can keep much profit because you have use your money 60 btc to invest and make bitcoin or altcoin have higher price.
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mohamadreza bagheri
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November 24, 2019, 05:04:13 AM |
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i divide it to 3 or 4 part. 1part for hold another to invest on other crypto and the last part to use in my work and life(spend it).
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ohyeahhaha122
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November 24, 2019, 07:24:14 AM |
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if you are a good psychologist then yeah you can hold 60btc, in the future there will always be volatility you can lose spirit and sell that bitcoins, if you are a person who does not like to risk then you can head In terms of stocks, I think there is a better market, the market is very difficult, especially the weak psychologists will not be able to survive in this market for a long time, like me now I only hold usdt.
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MI6
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November 24, 2019, 08:41:51 AM |
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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? Of course start a business. Maybe property or buy home and then rent it. I think make investment in something like house and other kinds of properties, will be good because it not much speculation in future and maybe less risk than other real thing investment.
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imstillthebest
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November 24, 2019, 09:01:16 AM |
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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? Of course start a business. Maybe property or buy home and then rent it. I think make investment in something like house and other kinds of properties, will be good because it not much speculation in future and maybe less risk than other real thing investment. but properties are still related to investments or often called real estate investments but unlike the ones that you mention where you are not hodling and you are not for selling the property which can cost less expensive later on due to competition but instead you are using the house or you are renting it others which is still going to be indemand . converting some of those btc would be a nice idea just to be safe from price declines .
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rodskee
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★Bitvest.io★ Play Plinko or Invest!
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November 24, 2019, 09:17:04 AM |
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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? in my country that amount is enough to have a 5 floors apartment with 10 doors each floor so for me i am enough for that 50 doors apartment all in all?if all the rooms are rented for sure i can just live like wealthier man. with the income monthly maybe i can travel other country monthly or every other month to enjoy all my hardworks.
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Kambal2000
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November 24, 2019, 11:50:07 AM |
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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? in my country that amount is enough to have a 5 floors apartment with 10 doors each floor so for me i am enough for that 50 doors apartment all in all?if all the rooms are rented for sure i can just live like wealthier man. with the income monthly maybe i can travel other country monthly or every other month to enjoy all my hardworks. Experts in financial always saying that ' if you don't make money while you are sleeping, then you will work until you die' so for that amount, let's create more passive income that we can maximize, having apartment is one good day, and investing in crypto as well, and stock market too as much as possible. 60 Bitcoin is a lot of money for all of us here, so we should know where we can use it wisely.
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