Business ideas with 60 Bitcoin? What would you do?

[60BTC]

If someone has 60 BTC can he start a decent crypto business to make passive income? Please share some business ideas.
What would you prefer? Casino/Sportsbetting/Wallet/Exchange and which has the highest earning potential?
Provided i have funds - 60BTC and no knowledge regarding business and i am not a designer but i want to start my own crypto business. Where can i start? Where can i find and hire team for myself like designers/developers etc to start my business? I know good team can help the business grow but bad team can ruin everything so what are the things to look for before starting a business? Where to get the business partners with good ideas and genuine team? Where would you start from if you are in my situation. Please share your opinions in this thread  

[1713902495]

1713902495

[60BTC]

If someone has 60 BTC can he start a decent crypto business to make passive income? Please share some business ideas.
What would you prefer? Casino/Sportsbetting/Wallet/Exchange and which has the highest earning potential?
Provided i have funds - 60BTC and no knowledge regarding business and i am not a designer but i want to start my own crypto business. Where can i start? Where can i find and hire team for myself like designers/developers etc to start my business? I know good team can help the business grow but bad team can ruin everything so what are the things to look for before starting a business? Where to get the business partners with good ideas and genuine team? Where would you start from if you are in my situation. Please share your opinions in this thread  

If you have such an amount, you can create a project based on crypto, like creating an exchange, a wallet, a casino, or something else. However, this will not be a very large business (60B * $9000= $540,000). I would trade better, it would probably give a solid profit with less risk

I personally believe trading is more risky more like a gambling and if my business get's successful i can make a decent amount of money. I just don't know where to get the genuine team and partners and what would be the best niche.

[MURONDI]

if i have 60 bitcoin i will divide it into 2 parts, 30 bitcoin for crypto business and 30 bitcoin for real business for example for property business, for crypto business I prefer trading than others.

[ChrisPop]

There is a lack of a professional exchange with derivative products that works flawlessly and is made in a professional manner. You see that all exchanges have some sort of bugs, etc. Bitmex has that server overload "bug", Deribit just had an index problem liquidating traders' orders, etc. If you can gather a team of experienced, motivated developers and a management & legal team you can make big fortunes, BUT you need to hurry because Bakkt and CMEs will probably open their services to retailers next year as well.

[Oceat]

Don't expect a passive income yet if you are not successful in your business. Having a business doesn't mean you will have a passive income already. You will have to work hard for it too before you can get to the passive income that you are talking. It doesn't mean if you have a lot of money you will become successful in your business/company. You still have to work for it until you reach your goal and that's the success.

You can choose what's the best business for you with your Bitcoin. It is either you do the short-term trading or choose a long-term investment. Having a 60BTC can make you rich already but it would be better if you invest some of it for a long-term investment.

[nienzer]

If someone has 60 BTC can he start a decent crypto business to make passive income? Please share some business ideas.
What would you prefer? Casino/Sportsbetting/Wallet/Exchange and which has the highest earning potential?
Provided i have funds - 60BTC and no knowledge regarding business and i am not a designer but i want to start my own crypto business. Where can i start? Where can i find and hire team for myself like designers/developers etc to start my business? I know good team can help the business grow but bad team can ruin everything so what are the things to look for before starting a business? Where to get the business partners with good ideas and genuine team? Where would you start from if you are in my situation. Please share your opinions in this thread  

If you have such an amount, you can create a project based on crypto, like creating an exchange, a wallet, a casino, or something else. However, this will not be a very large business (60B * $9000= $540,000). I would trade better, it would probably give a solid profit with less risk

I personally believe trading is more risky more like a gambling and if my business get's successful i can make a decent amount of money. I just don't know where to get the genuine team and partners and what would be the best niche.

The complexity of creating a team makes the project risky. However, if you have money, you can buy everything and hire elite team, or buy a franchise at such casinos (however, I have not checked if it exists)

[nienzer]

Don't expect a passive income yet if you are not successful in your business. Having a business doesn't mean you will have a passive income already. You will have to work hard for it too before you can get to the passive income that you are talking. It doesn't mean if you have a lot of money you will become successful in your business/company. You still have to work for it until you reach your goal and that's the success.

You can choose what's the best business for you with your Bitcoin. It is either you do the short-term trading or choose a long-term investment. Having a 60BTC can make you rich already but it would be better if you invest some of it for a long-term investment.

May I ask you what long-term investment you consider to be working and profitable?

[abdobe]

If someone has 60 BTC can he start a decent crypto business to make passive income? Please share some business ideas.
What would you prefer? Casino/Sportsbetting/Wallet/Exchange and which has the highest earning potential?
Provided i have funds - 60BTC and no knowledge regarding business and i am not a designer but i want to start my own crypto business. Where can i start? Where can i find and hire team for myself like designers/developers etc to start my business? I know good team can help the business grow but bad team can ruin everything so what are the things to look for before starting a business? Where to get the business partners with good ideas and genuine team? Where would you start from if you are in my situation. Please share your opinions in this thread  

If you have such an amount, you can create a project based on crypto, like creating an exchange, a wallet, a casino, or something else. However, this will not be a very large business (60B * $9000= $540,000). I would trade better, it would probably give a solid profit with less risk

I personally believe trading is more risky more like a gambling and if my business get's successful i can make a decent amount of money. I just don't know where to get the genuine team and partners and what would be the best niche.

If you use good tools, monitor chart 24\7 and use a high-quality hardware wallet, then trading makes sense. Just imagine, you earn extra-big revenue in a few clicks. Yes, this requires brains, but I do not think that a stupid person will own 60 Bitcoins, right?

[Kprawn]

Why does it have to be a Crypto currency based business? I can think of plenty of businesses that you can fund that are not Crypto currency

related that would give you a passive income. You can buy existing businesses that are for sale and get an accountant to scrutinize the books and

then continue with that business. You do not even have to run the business yourself, you just hire a manager to do it on your behalf. It will take

some effort in the beginning to get a reliable manager and a good business opportunity, but after that it should be much easier. If you want, you

can convert the income back into Bitcoin, if you still want to be invested in Bitcoin. 

[boltz]

If someone has 60 btc right now he should keep them for the next bull run and then cashout like 10 of them and start a nice business , maybe even based on blockchain or cryptocurrency. At this price its risky to cashout 60 Bitcoin to start a business as you take more risks when you start something fresh instead of simply keeping Bitcoin for another 2 years ...but hei , its the holder choice , I just express my opinion.

You always have the option to buy some masternodes and keep some passive income that you can convert them back into Bitcoin in time , that is a business as well.

[Diirtmaan]

Why does it have to be a Crypto currency based business? I can think of plenty of businesses that you can fund that are not Crypto currency

related that would give you a passive income. You can buy existing businesses that are for sale and get an accountant to scrutinize the books and

then continue with that business. You do not even have to run the business yourself, you just hire a manager to do it on your behalf. It will take

some effort in the beginning to get a reliable manager and a good business opportunity, but after that it should be much easier. If you want, you

can convert the income back into Bitcoin, if you still want to be invested in Bitcoin. 

Right recruiting is key in successfully acquiring a business, but you're right. it needs investments and not professional skills to a greater extent. However, I suspect that the author wants to know where 60 Bitcoins can be invested in the crypto sphere

[60BTC]

Why does it have to be a Crypto currency based business?

Because if start a business in real life with fiat, earning potential is less. Crypto business will give me return in crypto only and crypto price in future will further improve that return   

[target]

So you still up to find a passive income and you rejected all those suggestions about your DASH staking plan.

Starting a business and hiring a team means you are putting your the success of your plans to the team who might not be the right guys to hire. My suggestion is that you learn the trading instead and treat it like its your daily business. Buying and selling could be easy while the market is starting to build up. Don't put your risk your fate to someone else.

[The Sceptical Chymist]

Don't expect a passive income yet if you are not successful in your business. Having a business doesn't mean you will have a passive income already.

That is most definitely true.  Even people who own established businesses like restaurants and the like still end up having to do work to maintain the business.  It isn't like they just sit back and collect the money.

OP, I think you're thinking about your 60BTC all wrong.  Instead of considering it to be startup money, why not just treat it as an investment in itself?  The only real passive income I've seen in crypto is with staking coins like NEO and some others.  Even mining isn't a passive thing, since you always have to be paying attention to what's going on.  Investing in a gambling site might do the trick provided the site is legitimate, needs stakeholders, and doesn't require you to do much.  I don't know much about things like that but I know people who've invested in online casinos.

Good luck, though.  Passive income is like the holy grail that we'd all like to achieve.  Me included.

[mk4]

Why does it have to be a Crypto currency based business?

Because if start a business in real life with fiat, earning potential is less. Crypto business will give me return in crypto only and crypto price in future will further improve that return  

Not necessarily. With that mindset, you could end up with the same results by using your fiat profit to buy bitcoin/cryptocurrencies, if you're really THAT bullish with cryptocurrencies. It just completely depends on the business and how you handle it, regardless if it's a business that handles fit or crypto.

With that said, it's pretty hard to answer your questions. It simply depends in soooo many factors. It's almost like the classic question of "should I get a job or start a business?". We don't know what your skills are, what country you're in, what your target demographic is, what connections you have, etc. So much factors that it's impossible to get a rough answer to your questions.

[jakelyson]

What would you prefer? Casino/Sportsbetting/Wallet/Exchange and which has the highest earning potential?

These businesses are expensive to set up and run especially you have no experience and will have to hire professionals to do it for you. 60BTC might not be enough to fund it.

I suggest you do a traditional business like small restaurants or groceries but accept cryptocurrencies as payments. Or start a business that you are already familiar with. Most entrepreneurs build their business around their hobbies. That is more likely to succeed than forcing yourself on an already saturated niche.

[enhu]

What would you prefer? Casino/Sportsbetting/Wallet/Exchange and which has the highest earning potential?

These businesses are expensive to set up and run especially you have no experience and will have to hire professionals to do it for you. 60BTC might not be enough to fund it.

I suggest you do a traditional business like small restaurants or groceries but accept cryptocurrencies as payments. Or start a business that you are already familiar with. Most entrepreneurs build their business around their hobbies. That is more likely to succeed than forcing yourself on an already saturated niche.

This seem to be a better idea than setting up an online business which this 60BTC may not be enough while the risk is much higher than the cost to build it.  An offline business would be a better option for you. If I were in the situation, I will probably buy a rover and convert it to a hotdog and burger stand that I can drive to places and accept crypto as pay.

Casino/Sportbetting or exchange is going to cost you more than 60BTC.

[100bitcoin]

If someone has 60 BTC can he start a decent crypto business to make passive income? Please share some business ideas.
What would you prefer? Casino/Sportsbetting/Wallet/Exchange and which has the highest earning potential?
Provided i have funds - 60BTC and no knowledge regarding business and i am not a designer but i want to start my own crypto business. Where can i start? Where can i find and hire team for myself like designers/developers etc to start my business? I know good team can help the business grow but bad team can ruin everything so what are the things to look for before starting a business? Where to get the business partners with good ideas and genuine team? Where would you start from if you are in my situation. Please share your opinions in this thread  

If you have no prior experience is setting up or running a crypto business, then probably it does not worth to risk 60BTC. Better, you should take the investment route. I would suggest the following...

1. Invest in bankroll of a gambling game with decent volume and moderately high house edge .

2. Provide loan through some established exchange.

Both of the above method should not occupy more than 30BTC together. HODL the rest and explore new investment opportunities for the profit you generate out of the two methods I mentioned above.

[Maotezi]

For a real businessman, or more precisely in this situation, a person who owns 60 BTC, proposals are not needed he has a clear goal and does not ask for advice solves his problems, and buys property. If I'm worried about the current price of bitcoin is $ 60 * $ 8,839.46 = $ 530,367.6, I don't think the price right now is something you might want to wait a little longer, but all in all look at investing in something you love. to do what you love and your family to be in number (Two main things in every man's life). If you love virtuality, open a game room, maybe a bookmaker or something else. Just try to be original and come up with something new, don't be in the shadow of all the others and leave people and your success is guaranteed.

[hatshepsut93]

What would you prefer? Casino/Sportsbetting/Wallet/Exchange and which has the highest earning potential?

The market is very saturated with those services already, so it would be very hard to succeed. If you want high returns, you need to create something innovative, but you won't find it for free and on this forum. You should look for startups that seek funding and invest in them. However, there's a huge amount of scams or just bad startups, to you'll need a huge amount of knowledge to filter them out. Maybe you can hire some consultants that can help you with it, but again, beware of scammers.

[crossabdd]

what do you mean, want to start a business in crypto with 60BTC. I think it's difficult, especially looking for a solid team. try to attend seminars or meetings on how to discuss Blockchain, there you will meet developers, marketing, programmers, etc. You can determine business with them. betting, exchange, etc. Business ideas can be discussed with your team.

[hello_good_sir]

With the current rates, 60 BTC is equal to around 528,400 USD. That's a lot of money, and you should probably try forgetting about trading/gambling and ways to make money that don't involve an actual business, your capital is enough to ignore that option and focus on one of the best things you can have in life, which is a constant passive income, which is a set amount you would earn per week/month/year.

This depends a lot on your ideas, and what you want to do with crypto, but I can't speak for you and the best way for you to do anything here would to just be via a lawyer. Sit down with one and they will help you plan your money and transform your idea into something real.

[bounceback]

If someone has 60 BTC can he start a decent crypto business to make passive income? Please share some business ideas.
What would you prefer? Casino/Sportsbetting/Wallet/Exchange and which has the highest earning potential?
Provided i have funds - 60BTC and no knowledge regarding business and i am not a designer but i want to start my own crypto business. Where can i start? Where can i find and hire team for myself like designers/developers etc to start my business? I know good team can help the business grow but bad team can ruin everything so what are the things to look for before starting a business? Where to get the business partners with good ideas and genuine team? Where would you start from if you are in my situation. Please share your opinions in this thread  

of course i think they will use 60 btc to start a business but before you start you need to have more experience, so you don't suffer losses because we know that business can make us happy or vice versa if we don't know the right way to start a business especially when doing business with crypto, but if for me personally I would use 60 btc to trade because I thought it would make a very big profit.

[joinfree]

60 BTC is quite a huge amount of money to invest into crpytocurrencies as an individual but not enough to run a project and sustain it unless you plan on conducting an ICO or IEO in the near future. I would rather take a quarter of the amount of bitcoin and do day trading with it whiles investing into some solid crypto projects on the long term basis.

[Baby Dragon]

If someone has 60 BTC can he start a decent crypto business to make passive income? Please share some business ideas.
What would you prefer? Casino/Sportsbetting/Wallet/Exchange and which has the highest earning potential?
Provided i have funds - 60BTC and no knowledge regarding business and i am not a designer but i want to start my own crypto business. Where can i start? Where can i find and hire team for myself like designers/developers etc to start my business? I know good team can help the business grow but bad team can ruin everything so what are the things to look for before starting a business? Where to get the business partners with good ideas and genuine team? Where would you start from if you are in my situation. Please share your opinions in this thread  

Since you don't have enough knowledge about business, I think you should do some research first and learn things because it will be difficult for you to start your business if you don't eve know the basics. Also, it can also help you to make wise decisions and overcome the problem that you might face in the future. Well i'm just telling you that you should be prepared when it comes to business, you need to have knowledge so you can come up with an idea to make people interested in your business. I think the casino will be great because a lot of people nowadays are into it, they prefer playing in an crypto casinos than traditional one since its convenient and less hassle.

[Pamadar]

If someone has 60 BTC can he start a decent crypto business to make passive income? Please share some business ideas.
What would you prefer? Casino/Sportsbetting/Wallet/Exchange and which has the highest earning potential?
Provided i have funds - 60BTC and no knowledge regarding business and i am not a designer but i want to start my own crypto business. Where can i start? Where can i find and hire team for myself like designers/developers etc to start my business? I know good team can help the business grow but bad team can ruin everything so what are the things to look for before starting a business? Where to get the business partners with good ideas and genuine team? Where would you start from if you are in my situation. Please share your opinions in this thread  

Since you don't have enough knowledge about business, I think you should do some research first and learn things because it will be difficult for you to start your business if you don't eve know the basics. Also, it can also help you to make wise decisions and overcome the problem that you might face in the future. Well i'm just telling you that you should be prepared when it comes to business, you need to have knowledge so you can come up with an idea to make people interested in your business. I think the casino will be great because a lot of people nowadays are into it, they prefer playing in an crypto casinos than traditional one since its convenient and less hassle.

This is the wiser thing to do before deciding to enter business like this. Learn everything so you are aware with every possibilities and you are more ready to face consequences along the way, instead of thinking of creating your own business inside crypto use part of your money in educating yourself so each ideas of yours can be execute once you already have the right knowledge towards this industry.

While you are studying, you can also spare part of your money to invest either with trading or you can also lend your money it's also a good way to earned passive profits, venue like gambling house, trading sites and staking coins allowed investors to earned dividends  but remember always to do your research before participating to have a much comfortable investment.

[pinggoki]

If someone has 60 BTC can he start a decent crypto business to make passive income? Please share some business ideas.
What would you prefer? Casino/Sportsbetting/Wallet/Exchange and which has the highest earning potential?
Provided i have funds - 60BTC and no knowledge regarding business and i am not a designer but i want to start my own crypto business. Where can i start? Where can i find and hire team for myself like designers/developers etc to start my business? I know good team can help the business grow but bad team can ruin everything so what are the things to look for before starting a business? Where to get the business partners with good ideas and genuine team? Where would you start from if you are in my situation. Please share your opinions in this thread  

If I will have 60 amount of Bitcoin, having an small online casino could be an option. Creating your own wallet could a good option as well. However, it is better to diversify your funds the first half could be Hold or invest for a long matter of time and the other half could be used to buy stocks. If you are creating a business make sure that it is unique and because gambling and other cryptocurrency related business would be a tough fight due of competition. In creating a team of yours, make sure that they have experience and somehow acquainted because in this industry is not what we imagined.

[maydna]

If someone has 60 BTC can he start a decent crypto business to make passive income? Please share some business ideas.
What would you prefer? Casino/Sportsbetting/Wallet/Exchange and which has the highest earning potential?
Provided i have funds - 60BTC and no knowledge regarding business and i am not a designer but i want to start my own crypto business. Where can i start? Where can i find and hire team for myself like designers/developers etc to start my business? I know good team can help the business grow but bad team can ruin everything so what are the things to look for before starting a business? Where to get the business partners with good ideas and genuine team? Where would you start from if you are in my situation. Please share your opinions in this thread  

I suggest you sell 10 bitcoin or more at once, make affiliate with KFC, Dunkin Donuts, or the other so you can have passive income. When you collaborate with them, I can assure you will get an excellent return monthly, so you don't have to do anything. Besides that, you still have 50 bitcoin, and you only need to wait until bitcoin price can increase for more than $50k (if that will happen in a short time).

Before you can start your crypto business, you need to learn what kind of crypto business you can to build. The best team to hire is your friends because you know them, and the chance to get a scam will be small.

You don't have to follow with the trend to create some projects in crypto, especially if you don't know anything about crypto because that will not take too long to see your project will not running as you want. There are many things to prepare, and that does not only find a good team to help your project.

[dporn]

If someone has 60 BTC can he start a decent crypto business to make passive income? Please share some business ideas.
What would you prefer? Casino/Sportsbetting/Wallet/Exchange and which has the highest earning potential?
Provided i have funds - 60BTC and no knowledge regarding business and i am not a designer but i want to start my own crypto business. Where can i start? Where can i find and hire team for myself like designers/developers etc to start my business? I know good team can help the business grow but bad team can ruin everything so what are the things to look for before starting a business? Where to get the business partners with good ideas and genuine team? Where would you start from if you are in my situation. Please share your opinions in this thread  

Obviously, we are bias but blockchain porn 

[Kprawn]

Why does it have to be a Crypto currency based business?

Because if start a business in real life with fiat, earning potential is less. Crypto business will give me return in crypto only and crypto price in future will further improve that return   

You are missing the point, you can still convert all or most of the fiat you earn through this fiat based business into Bitcoin and still pay your

manager and other expenses in fiat and then decide how much of the rest of the money would be converted to Bitcoin. Remember there are a lot

of regulatory rules and regulations that you need to adhere to for any business and in most countries Bitcoin has not been accepted as a currency

yet, so you will have to find ways to bypass this to be able to run your business. We have not even touched the tax regulations yet and all the

labor issues that you would need to deal with. Take some of those coins and deposit it in a site like freebitco.in where you get a 4.08 annual interest

rate, which would give you about 0.00657534 BTC/Day or 0.19757397 BTC/Month or 2.44830352 BTC/Year at today's price. (very high risk, but

you still keep all 60 coins in the end)

[bitcoinposts]

60 Bitcoin is huge income to play with market should respond the idea where we invest in most of the coins we invest have lot of flaws and project may get stopped

[yazher]

To be honest, If I have such a huge amount of BTC, I will only use a little amount for trading and the rest I'll use it on business outside crypto. of course, we need to diversify the investment even outside of the crypto industry. You can also make a store that accepts Bitcoin to further support the use of bitcoin in your area. If you invest in some kind of IEO or ICO, don't invest a big amount, just a fragment from that huge amount will do.

[CarnagexD]

if i have 60 bitcoin i will divide it into 2 parts, 30 bitcoin for crypto business and 30 bitcoin for real business for example for property business, for crypto business I prefer trading than others.

I will also do your suggestion about dividing your 60 bitcoin into 2 parts. Bitcoin is very valuable coin in the world of cryptocurrency and I know some of people also use bitcoin in different businesses. In addition, trading is also a good source of passive income but it is not easy even you have good capital. Trading takes time to learn and it is hard to do technical analysis if you are newbie. So for me, I will use some of the bitcoin to make a good business just like having convenient store. Lastly, I will not use all of my bitcoin in making business and maybe the rest will be held in my cryptocurrency wallet.

[dimonstration]

To be honest, If I have such a huge amount of BTC, I will only use a little amount for trading and the rest I'll use it on business outside crypto. of course, we need to diversify the investment even outside of the crypto industry. You can also make a store that accepts Bitcoin to further support the use of bitcoin in your area. If you invest in some kind of IEO or ICO, don't invest a big amount, just a fragment from that huge amount will do.

It's better to have passive income than speculative like in crypto, I prefer to invest it too in things that interest me like real estates. Bought a land near tourist spots or near commercial areas and for rent it, it may took long to get back the capital but it's a good investment that can last for long. Maybe accepting crypto as payment in renting can be and use it for trading. We must business what we know and what interest us the most since business is risky too so we need you know to handle it..

[jootn2kx]

If someone has 60 BTC can he start a decent crypto business to make passive income? Please share some business ideas.
What would you prefer? Casino/Sportsbetting/Wallet/Exchange and which has the highest earning potential?
Provided i have funds - 60BTC and no knowledge regarding business and i am not a designer but i want to start my own crypto business. Where can i start? Where can i find and hire team for myself like designers/developers etc to start my business? I know good team can help the business grow but bad team can ruin everything so what are the things to look for before starting a business? Where to get the business partners with good ideas and genuine team? Where would you start from if you are in my situation. Please share your opinions in this thread  

I would always invest into property, rather than some business. Businesses fail, land or property does not. It's a good way to secure a future, as you never know what might happen to a business, or even to a currency, for that matter.

[Palider]

60 BTC is a huge amount of money so you should take care of it and invest what you think is good. For me you don't need to invest in projects like exchanges, wallets, and gambling websites,  because you are putting your bitcoin at risk. It's best to use it for trading and the rest of the bitcoin is to use bitcoin as an invesment. This will make you earn faster, especially if you know how to trade and use your patience wisely.

[Astvile]

If I were to have 60 bitcoin I would invest it straight through coin staking the only investment I think is profitable specialy with staking known and trusted coins out there online. Other option can be on trading, kinda risky but I can handle it if I have this kind of amount. Being smart on investing you can easily double this amount

[Ailmand]

Your idea will be risky since you mentioned that is if you have no knowledge in designing and would hire a team to start your business. And if wver you will start your own business in crypto there had been plenty of gambling sites, wallet, coin that are created every day and it might even drain your funds developing your business and paying someone to develop it.

[Eclipse26]

In my personal opinion, if I have 60 btc, I might just invest on a business outside crypto. It's more stable. And I will leave some to invest in crypto.
But since you want to invest in a crypto-related business, instead of choosing something based on the profits, choose what you want to do or what you think you can do the best for your business. But you can hire your team online, or first option is to be partners with your friends so you can trust them

[Lucius]

Please share your opinions in this thread  

How about reading all the answers you already got in your previous thread? After 10 pages of discussion, you repeat the same question again, and most answers are by the same users who post on the same topic before. I suggest that you lock this thread and continue here : Where do you invest 60 BTC?

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?  

[Google+]

Your idea will be risky since you mentioned that is if you have no knowledge in designing and would hire a team to start your business. And if wver you will start your own business in crypto there had been plenty of gambling sites, wallet, coin that are created every day and it might even drain your funds developing your business and paying someone to develop it.

I think everything has its own risks and what if that much capital is used to build a business with a long term for example building a home business or renting a house in a strategic place and you can have lots of money every month because when many people rent your house then will get money every month.

[Meowth05]

If someone has 60 BTC can he start a decent crypto business to make passive income? Please share some business ideas.
What would you prefer? Casino/Sportsbetting/Wallet/Exchange and which has the highest earning potential?
Provided i have funds - 60BTC and no knowledge regarding business and i am not a designer but i want to start my own crypto business. Where can i start? Where can i find and hire team for myself like designers/developers etc to start my business? I know good team can help the business grow but bad team can ruin everything so what are the things to look for before starting a business? Where to get the business partners with good ideas and genuine team? Where would you start from if you are in my situation. Please share your opinions in this thread  

60 Bitcoin is quite immense amount indeed and probably enough to create your own crypto business. However, it would hardly to create a business if you have no idea where to get a team. In this world it is better if you will create a team that is credible and could do the job properly. This place is full of deception so if you have no enough knowledge regarding with these things then your 60 BTC might be place in vain. To start with you must gather information as much as possible, make a plan or a roadmap for guide. The best option is let's just not limit our business in crypto, perhaps you could use the fund to buy stocks in the market.

[Shasha80]

If I have 60 BTC I will divide into 2 parts. the first part of 30 BTC I will hold, because the price of bitcoin ' will continue to rise and
therefore holding bitcoin will be very profitable. And the second part will be me switch to fiat, then I will start a property business.
I will buy houses and apartments for rent. But if interested in crypto business can create new exchanges, for that you need a team
to accelerate business progress.For the team you can hire from people in the real world, look for people who can be trusted and have
abilities that is indeed needed.

[pundit]

Instead of putting all eggs into one basket I would like to divide my investment if I had 60 BTC. I will not prefer to develop something which can consume all my 60 BTC. I would like to keep some percentage in hard assets like Gold, real estate on anything else which can give my backup incase my startup fails. I would think of starting something which can be started within 30 BTC like developing an app or anything, max 5-6 BTC will be kept as buffer incase cost of development exceeds the primary calculation and before putting money into it I would like to study my idea and make a roadmap of it.

[makolz26]

Instead of putting all eggs into one basket I would like to divide my investment if I had 60 BTC. I will not prefer to develop something which can consume all my 60 BTC. I would like to keep some percentage in hard assets like Gold, real estate on anything else which can give my backup incase my startup fails. I would think of starting something which can be started within 30 BTC like developing an app or anything, max 5-6 BTC will be kept as buffer incase cost of development exceeds the primary calculation and before putting money into it I would like to study my idea and make a roadmap of it.

We should learn how to maximize our fund wisely, we should be able to check how we are going to handle it, if we are not that expert in handling money it is better to seek advice from a trusted friend or from a family member, we should always take note that we should be able to have different source of income, just like having 2-3 traditional business, investing in stock market, gold and also here in crypto and don't forget to save too.

[dioanna]

If someone has 60 BTC can he start a decent crypto business to make passive income? Please share some business ideas.
What would you prefer? Casino/Sportsbetting/Wallet/Exchange and which has the highest earning potential?
Provided i have funds - 60BTC and no knowledge regarding business and i am not a designer but i want to start my own crypto business. Where can i start? Where can i find and hire team for myself like designers/developers etc to start my business? I know good team can help the business grow but bad team can ruin everything so what are the things to look for before starting a business? Where to get the business partners with good ideas and genuine team? Where would you start from if you are in my situation. Please share your opinions in this thread  

60 BTC will not be enough for a casino online business or for an exchange, I would suggest a traditional business like food franchise popular in your place
then accept crypto as payment.

[Dabs]

If you think your business can make more than 15% per year, you could try that, with the associated risks. If not, you'd be better off putting it into real true passive fiat investments outside of crypto, you could get as much as 12% doing absolutely nothing but watching the funds. Most people who do index investing don't even look at their portfolio every month.

[Genamant]

If someone has 60 BTC can he start a decent crypto business to make passive income? Please share some business ideas.
What would you prefer? Casino/Sportsbetting/Wallet/Exchange and which has the highest earning potential?
Provided i have funds - 60BTC and no knowledge regarding business and i am not a designer but i want to start my own crypto business. Where can i start? Where can i find and hire team for myself like designers/developers etc to start my business? I know good team can help the business grow but bad team can ruin everything so what are the things to look for before starting a business? Where to get the business partners with good ideas and genuine team? Where would you start from if you are in my situation. Please share your opinions in this thread  

There are already so many crypto exchanger and creating a quality trading platform,you need more than 60 Bitcoins as in more.
maybe if i have the knowledge and the right people to partner with, i think creating a crypto wallet would be my choice.

[Hamphser]

Probably an IT company.
I write programs quite often and I teach some people occasionally how to program.
From that I'll probably introduce my clients that Bitcoin can also be a method of payment, since Bitcoin is legalized anyway in my country so there's that.

So, how would OP do that? I think he doesn't know how to write program just like you.
Do you think 60BTC is enough already for an investment in crypto? Or OP shall take a real business outside of crypto. Probably a business that he knows how to manage just like you but you aren't doing some business, you are working for someone's business.

[Fappanu]

If I had 60 BTC I wouldn't invest it in a business I didn't know how to run. It's better to hold on and wait for the price to go up. Because I'm more sure that it'll be safe if it's just in my hands. And also hassle that when hiring a staff member you know it is not really a joke to make a bitcoin wallet or exchange a big investment is needed.

[darkangel11]

The possibilities are almost endless with such amount of money. If I had that much I'd simply trade it. With that amount I'd be able to make 100k USD per swing, so I'd probably put half of it on a decent exchange and day trade all of it. The other half would be my retirement

If you really want to start a business there's some good options for you:

Buy real estate in a popular tourist location. A small hotel in the Swiss Alps, build some bungalows on a a popular beach like on one of the Greek islands or in Australia. It all depends on where you want to live. Having 60 BTC you could buy big yacht and offer people trips like sailing around the Pacific islands. If you prefer to live in the city buy apartments in a popular tourist destination like Paris or Rome. Some places will always be popular.

[60BTC]

If I were to have 60 bitcoin I would invest it straight through coin staking the only investment I think is profitable specialy with staking known and trusted coins out there online. Other option can be on trading, kinda risky but I can handle it if I have this kind of amount. Being smart on investing you can easily double this amount

Can you give some examples of those coins please?

[airdnasxela]

Casino and exchanges are hard businesses actually. And it's a big risk to use your 60 btc on this kind of business when you still don't have team to work with. Find first someone you can work with before deciding what to make a business. But since it's a big risk, why not just create another business idea but still into crypto. Something like online shops that will accept crypto then you can sell some crypto or bitcoin merch. I think that's more realistic, though the profit might not be big compared to others.

[pixie85]

I'd keep most of it in Bitcoin because no business will give you a potential for 500% profit a year. Normal rate of return for a business is maybe 10% a year, 20 if you're good at what you're doing and it booms.

Bitcoin can give you in 1 year what you'd need to work for a decade. You could be dead by then! In this life it's all or nothing. Go big or go home.

If you have to do it ask yourself what you like doing and do it. 60BTC is enough to start a software company buy a hotel or a restaurant. Your choice.

[rmhuntley]

If you have 60 BTC it is better just develop a real business like open a culinary place, property and online store in the form of clothing. But if you invest into crypto, then it is better to trade or hold up BTC prices over your new high sales.

[Aikidoka]

If you have 60 BTC it is better just develop a real business like open a culinary place, property and online store in the form of clothing. But if you invest into crypto, then it is better to trade or hold up BTC prices over your new high sales.

I think it's better open a real business with this high amount of btc. 60 bitcoins are really a huge amount, like you can do a lot of stuffs with me and invest them in a lot of fields. If I have 60 BTC, I'll try to invest in whether Trading or just buying some real estates, because we all know that it will be more expensive later.

[Youghoor]

If someone has 60 BTC can he start a decent crypto business to make passive income? Please share some business ideas.
What would you prefer? Casino/Sportsbetting/Wallet/Exchange and which has the highest earning potential?
Provided i have funds - 60BTC and no knowledge regarding business and i am not a designer but i want to start my own crypto business. Where can i start? Where can i find and hire team for myself like designers/developers etc to start my business? I know good team can help the business grow but bad team can ruin everything so what are the things to look for before starting a business? Where to get the business partners with good ideas and genuine team? Where would you start from if you are in my situation. Please share your opinions in this thread 

First and foremost, do not be in a rush to start your own crypto project without having any idea in a startup a particular business.  I will advise you to rather invest or buy a share in a well-established crypto project to avoid losing money.  It will be better to invest in already established businesses rather than creating a new project considering the current state of the crypto ecosystem.  Considering your post, I see you as someone that has no idea to start a crypto project which will be successful.

[gabmen]

If someone has 60 BTC can he start a decent crypto business to make passive income? Please share some business ideas.
What would you prefer? Casino/Sportsbetting/Wallet/Exchange and which has the highest earning potential?
Provided i have funds - 60BTC and no knowledge regarding business and i am not a designer but i want to start my own crypto business. Where can i start? Where can i find and hire team for myself like designers/developers etc to start my business? I know good team can help the business grow but bad team can ruin everything so what are the things to look for before starting a business? Where to get the business partners with good ideas and genuine team? Where would you start from if you are in my situation. Please share your opinions in this thread 

First and foremost, do not be in a rush to start your own crypto project without having any idea in a startup a particular business.  I will advise you to rather invest or buy a share in a well-established crypto project to avoid losing money.  It will be better to invest in already established businesses rather than creating a new project considering the current state of the crypto ecosystem.  Considering your post, I see you as someone that has no idea to start a crypto project which will be successful.

There probably are a lot of projects with good teams behind them that fail to take off. Crypto isa lot of times abut hypd and many people invest in projects that make a lot of noise. Marketing should be your top priority. If i have that much asset though, i wouldn't plan on pushing all of it in crypto. That's quite a lot of money that you can invest in other ventures that poses less risk.

[Farma]

thinking about when I owned 60 bitcoin, I might start building a real-life business. Well, I think, having 60 bitcoin on the internet is one definition of success with crypto. the value of 60 bitcoins is truly extraordinary. I might think to build investments that are popular in the city where I live. such as building housing, apartments, lodging, and businesses that have long-term potential.

[Velkro]

If someone has 60 BTC can he start a decent crypto business to make passive income? Please share some business ideas.

Congratulations of having as much as 60 BTC mr. someone
I don't think there is business that giving passive income like you want.  Even if, you need first to put A LOT of work to set it up, sometimes through years to get passice income with minimal effort.
So without some knowledge, some hard work its not possible even with such big amount of money.

[White Christmas]

If someone has 60 BTC can he start a decent crypto business to make passive income? Please share some business ideas.
What would you prefer? Casino/Sportsbetting/Wallet/Exchange and which has the highest earning potential?
Provided i have funds - 60BTC and no knowledge regarding business and i am not a designer but i want to start my own crypto business. Where can i start? Where can i find and hire team for myself like designers/developers etc to start my business? I know good team can help the business grow but bad team can ruin everything so what are the things to look for before starting a business? Where to get the business partners with good ideas and genuine team? Where would you start from if you are in my situation. Please share your opinions in this thread  

If I would be given a chance to earn and have a 60 bitcoins then I will start a cryptocurrency business then I will start a gambling or casino because in casino it is more easier to earn because when you are talking about casino it talks about millions and hundred thousand of money. Gamblers will still play no matter what happens and also as long as they have money they will still pay to gamble and have fun.
Better if you will start to build a online casino and find a IT who can develop and design the platform of your online casino. Get an good IT that can do both front and back end of your online casino to be able to start your crypto business.

[muslol67]

I couldn't understand what is your really purpose  

You createa a topic;
Where do you invest 60 BTC?

and 8 days later you created a topic;
Business ideas with 60 Bitcoin? What would you do?

and then you've changed your mind and created this topic (just 2 days later...) ;

How to start trading with 2 BTC? What is the first step?


really what is your purpose?

[adeandro]

I would invest in any business.

[60BTC]

I couldn't understand what is your really purpose  

You createa a topic;
Where do you invest 60 BTC?

and 8 days later you created a topic;
Business ideas with 60 Bitcoin? What would you do?

and then you've changed your mind and created this topic (just 2 days later...) ;

How to start trading with 2 BTC? What is the first step?


really what is your purpose?

Wanted the bitcointalk community opinion what to do with 60 BTC as i am still kinda confused.

[mobnepal]

Provided i have funds - 60BTC and no knowledge regarding business and i am not a designer but i want to start my own crypto business. Where can i start? Where can i find and hire team for myself like designers/developers etc to start my business?

On that budget you can start almost anything but without any prior knowledge I think starting anything on crypto space can be dangerous for you.

Bitcoin mixer - You Might get caught by authority and need experience to operate
Bitcoin exchange - Need to start small and have to spend thousands of dollar on ads and rewards during start without any guarantee of profit in future
Bitcoin wallet - Hard to make any money but will have great responsibility of fund security and other legal obligations

I think its better you first start something small hiring a team from freelancing platform on contract basis, if you get some success proceed to make it big or if you fail learn from it and move to next venture.

[oliv441]

Emoji Domains, as they are still in infancy as bitcoin in 2009

[Memminger]

Provided i have funds - 60BTC and no knowledge regarding business and i am not a designer but i want to start my own crypto business. Where can i start? Where can i find and hire team for myself like designers/developers etc to start my business?

On that budget you can start almost anything but without any prior knowledge I think starting anything on crypto space can be dangerous for you.

Bitcoin mixer - You Might get caught by authority and need experience to operate
Bitcoin exchange - Need to start small and have to spend thousands of dollar on ads and rewards during start without any guarantee of profit in future
Bitcoin wallet - Hard to make any money but will have great responsibility of fund security and other legal obligations

I think its better you first start something small hiring a team from freelancing platform on contract basis, if you get some success proceed to make it big or if you fail learn from it and move to next venture.

I think that all of these need to acquire license to operate to the country you had been living on. You are just basically evading the authorities if you’re doing it like that. Also, honestly with the aforementioned possible business to invest, it is better to think of a new business rather than competing with the reputed mixers, exchangers and wallets.

[fullhdpixel]

If I were you, I would forget about establishing those projects for now that we are having lack of interest of users, as you see that most project that are being established are really not making it that much as far as it involves cryptocurrency, many people prefer to use the old coins for both payment and for investment purpose only.

Since you have that amount of bitcoin, I would just advise that you keep it in a fixed deposit first where you will not touch it and then take some time off to engage some quality traders that would train you fully in trading your coin, which if you know how to trade very well with necessary skills, you could be making $50k every month with this currency market situation, so I would advise to you take trading business up.

[wozzek23]

Well, that depends on where you're living. In my country, that's a lot of money and you can use that start a big business that will turn you into a really big billionaire in the future. But the kind of business you're mentioning, that wasn't what I had in mind. If I had that much I would go into farming and being an investor. Farming is really big business, even if I want I can still not be a farmer but invest in most farming business here that would bring me 20% to 40% in four and six months. So imagine that invest $100,000 in one of these farming businesses and get 40% in six months that's extra $40k. Unlike most investments, you will see. Clothing is another good one.

But from the ones you have mentioned, the exchange is a big competition; you have Coinbase, Binance, Bittrex, Bitfinex and a lot of them to compete with. Betting and sports are also a big competition unless you have the money to sponsor ads and promote the sites and so something unique. You can still try your luck. But make your choice wisely.

[nydiacaskey01]

If someone has 60 BTC can he start a decent crypto business to make passive income? Please share some business ideas.
What would you prefer? Casino/Sportsbetting/Wallet/Exchange and which has the highest earning potential?
Provided i have funds - 60BTC and no knowledge regarding business and i am not a designer but i want to start my own crypto business. Where can i start? Where can i find and hire team for myself like designers/developers etc to start my business? I know good team can help the business grow but bad team can ruin everything so what are the things to look for before starting a business? Where to get the business partners with good ideas and genuine team? Where would you start from if you are in my situation. Please share your opinions in this thread  

What kind of Business do you know? Some will advise you to run a casino or sports betting site or maybe run an exchange but question is do you how to run those because if not, don't even try because there's a high chance that you will fail. Put that BTC in a business that you know. If you wan't to be safe, with that amount of money, you can buy a franchise of a known fast food chain and money will come to you.

[shark1006]

If someone has 60 BTC can he start a decent crypto business to make passive income? Please share some business ideas.
What would you prefer? Casino/Sportsbetting/Wallet/Exchange and which has the highest earning potential?
Provided i have funds - 60BTC and no knowledge regarding business and i am not a designer but i want to start my own crypto business. Where can i start? Where can i find and hire team for myself like designers/developers etc to start my business? I know good team can help the business grow but bad team can ruin everything so what are the things to look for before starting a business? Where to get the business partners with good ideas and genuine team? Where would you start from if you are in my situation. Please share your opinions in this thread  

What kind of Business do you know? Some will advise you to run a casino or sports betting site or maybe run an exchange but question is do you how to run those because if not, don't even try because there's a high chance that you will fail. Put that BTC in a business that you know. If you wan't to be safe, with that amount of money, you can buy a franchise of a known fast food chain and money will come to you.

By the way, the idea of a franchise is the safest investment of 60 Bitcoins among all the above options. I like buying a franchise, it does not require as much knowledge as, for example, to open your exchange

[bering]

60 btc with no knowledge how to build business related to cryptocurrency could be so danger because starting bussines with no knowledge similar such as gambling so you can lost your money in the short time however in my view the business should be based on your passions and your own interest and it's necessary because with from the passions we can more excited to do it

[plvbob0070]

I would invest in any business.

what kind of businesses where you will invest your 60 bitcoin if ever you have it. 60 bitcoin is enough to provide anything you want and you can also buy a house with that amount of bitcoin but for me, maybe I will make lending businesses with that bitcoin and then make that as my capital on store businesses then the profit that I will get in that business will use to buy bitcoin.

[kotajikikox]

If someone has 60 BTC can he start a decent crypto business to make passive income? Please share some business ideas.
What would you prefer? Casino/Sportsbetting/Wallet/Exchange and which has the highest earning potential?
Provided i have funds - 60BTC and no knowledge regarding business and i am not a designer but i want to start my own crypto business. Where can i start? Where can i find and hire team for myself like designers/developers etc to start my business? I know good team can help the business grow but bad team can ruin everything so what are the things to look for before starting a business? Where to get the business partners with good ideas and genuine team? Where would you start from if you are in my situation. Please share your opinions in this thread  

i would rather to use that 60 bitcoin for LEnding services because i know there are many borrowers here in cryptospace,but i will choose limited borrowers because there are tons of scammers here in this forum so i will prefer having collateral than lending without any specific assurance not unless the one who will borrow are trusted person of this community.

[bitbunnny]

60 Bitcoins is a big amount of money and you don't need to invest all of that in business. Keep something as a long term investment.
If I were at your place I would invest in some real life businesses, not online virtual business. The type of business also depends a lot of country you live in and what is your knowledge and experience about any business. From my perspective and place where I live construction companies are very profitable as well as ICT startups.
I wouldn't suggest that you start lending business, it's too risky and too big chances for potential losses.

[michellee]

If I were you, I will hold 50 bitcoin in a hardware wallet, and use 10 btc to trade. I don't want to build a new crypto business because I don't know how to get a good team to build that. But I can try to trade with that 10 btc, and I guess that I can increase the bitcoin amount because I see that the market now is good for trade. Still, 60 bitcoin is a large amount of money, so I will be careful if I want to invest in anything because by holding 60 bitcoin itself will give me huge money in the future.

[red4slash]

if I have a lot of bitcoin, I will use some of it to open a business, for example, selling tools or food. and others are invested and also do daily trading, because if you do both simultaneously it might be better even though time will be drained a lot

[inanilujimi]

For me with that much money, there is no need to take risks for business in crypto, because there are still many business opportunities in the real world that can generate passive income.
What is clear is to find people who are skilled in the fields that of course you know too.

[bobitza]

If you have 60 bitcoins in your hands, congratulations! You will start your business and become rich thanks to bitcoin. Many analysts and professional traders believe that Bitcoin will soon return to a price above $ 10,000 early next year. Analyst Philip Swift predicts that early next year the market will see Bitcoin return to five numbers. If I hold such a large number of bitcoins, I will have a specific business plan for me. However, you need to be careful with possible risks.

[DreamStage]

I would invest into some other coins as well (as business investor).
Buy some market stocks and go for a Casino on cryptocurrencies.

It all depends on your vision and what information you have at your disposal.
Also if you are looking for a team make sure you know some good people specially here at Bitcointalk that are willing to become part of yours.

You could also do some gambling and becoming a professional gambler.

[BlackFor3st]

If someone has 60 BTC can he start a decent crypto business to make passive income? Please share some business ideas.
What would you prefer? Casino/Sportsbetting/Wallet/Exchange and which has the highest earning potential?
Provided i have funds - 60BTC and no knowledge regarding business and i am not a designer but i want to start my own crypto business. Where can i start? Where can i find and hire team for myself like designers/developers etc to start my business? I know good team can help the business grow but bad team can ruin everything so what are the things to look for before starting a business? Where to get the business partners with good ideas and genuine team? Where would you start from if you are in my situation. Please share your opinions in this thread  

Base on your statement I can conclude that you have no deeper knowledge about crypto currencies so what I can suggest for you is to study first what is crypto currencies then I am sure that as time passes by you can find the best answer for your question.

Here is my little advice, 60btc is not enough to start a proper exchange especially if you will not launch an ieo or any type of fund raising first so you can take it out to your choices. The same with casino or sports betting as it will need a huge amount as capital in order to fully operate without any problem.

The best option for you is gather your own team and launch an ieo or any type of fund raising then proceed to what you want to create either casino,exchange or any that you like as 60btc is a very small amount as capital.

[matchi2011]

if I have a lot of bitcoin, I will use some of it to open a business, for example, selling tools or food. and others are invested and also do daily trading, because if you do both simultaneously it might be better even though time will be drained a lot

If I have that amount now, I will use portions of this assets to deal with other business and not just focusing with crypto. There's e-commerce where you can also got the chance to integrate crypto with your business and I, you can accept payments using Bitcoin while expecting for good benefits with your business.

[kotik085]

If I get 60 bitcoins, then I will put 80% on investing in bitcoin, thereby I will make a profit. The remaining 20% ​​I want and buy what I want. This is a very great option. From investments, further fix the net profit and live on it.

[Kambal2000]

If I get 60 bitcoins, then I will put 80% on investing in bitcoin, thereby I will make a profit. The remaining 20% ​​I want and buy what I want. This is a very great option. From investments, further fix the net profit and live on it.

It's up to you,but if I were you don't put all the 80% to Bitcoin, that's very much large amount of money, I will just put 20% to crypto, 30% for savings then 50% of it will be allotted for traditional business and start my journey there, 60 Bitcoins really enough money for me, and won't ever risk it in just investing majority of it in crypto.

[Lauren Smith]

I think you should invest offline. You have not told us your skills and your post is not as detailed as ot should be in order to filly understand and help you. I think invest in a local business or perhaps something you are good at you can try out. You want to be able to have a partner or something and you do nothing and just get interest. Maybe a partner is a casino could be a good idea. I think someone you know in person is best. Not always that easy to find though. Don't invest everything. Keep most of what you have in bitcoin. You already rich so just be careful.

[Eugenar]

If I were you, I will hold 50 bitcoin in a hardware wallet, and use 10 btc to trade. I don't want to build a new crypto business because I don't know how to get a good team to build that. But I can try to trade with that 10 btc, and I guess that I can increase the bitcoin amount because I see that the market now is good for trade. Still, 60 bitcoin is a large amount of money, so I will be careful if I want to invest in anything because by holding 60 bitcoin itself will give me huge money in the future.

I wonder what is the feeling if you could see the conversion of money amounting to 10BTC in the market with huge volatility. For me, trading this huge amount of bitcoin will be a though job. You need allot of calculation or else, you will conduct a long term trading of bitcoin to ensure a great profit. Imagine, your starting investment is too big, meaning to say that you have a huge chance of getting the most out of the market and at the same time, if you fail from panic selling, you could lose allot as well.

[GideonGono]

If I get 60 bitcoins, then I will put 80% on investing in bitcoin, thereby I will make a profit. The remaining 20% ​​I want and buy what I want. This is a very great option. From investments, further fix the net profit and live on it.

If I were you I will invest it on good investment in real world where you can buy for example taxi, just buy a lot of taxi where you can get by getting some rent on it everyday so you'll help some person and specially you. Think some passive income and the rest you can start to learn trading.

[Butwhytho]

Provided i have funds - 60BTC and no knowledge regarding business and i am not a designer but i want to start my own crypto business.

I hate to break it to you but it sounds like a bad idea.

[blckhawk]

You could run your business, but by that amount, you're nowhere near having an income without hardwork. Those who earn such are CEOs of multi-million dollar companies that has already all the necessary team to do his business and not think of much about it while passively earning. You could invest in running your own business, or enter the world of properties (lands) which appreciates in value, but all of which requires hardwork.

[AbuBhakar]

if I have a lot of bitcoin, I will use some of it to open a business, for example, selling tools or food. and others are invested and also do daily trading, because if you do both simultaneously it might be better even though time will be drained a lot

It's good also to have rental businesses, may it be thru land or thru housing and business establishments. Just make sure the are is a busy place with many people. Find business that suits your interest like restaurants etc. If you love what you're doing you'll be successful in it.

[~Money~]

If someone has 60 BTC can he start a decent crypto business to make passive income? Please share some business ideas.
What would you prefer? Casino/Sportsbetting/Wallet/Exchange and which has the highest earning potential?
Provided i have funds - 60BTC and no knowledge regarding business and i am not a designer but i want to start my own crypto business. Where can i start? Where can i find and hire team for myself like designers/developers etc to start my business? I know good team can help the business grow but bad team can ruin everything so what are the things to look for before starting a business? Where to get the business partners with good ideas and genuine team? Where would you start from if you are in my situation. Please share your opinions in this thread  

well, I will split them into 4 parts.15 BTC for investing in property or in offline business,15 BTC in gold as an investment and 15 BTC for trading cuz trading can give a nice amount of returns if play with proper strategy and rest amount will be moved in paper wallet for few years.

[livingfree]

I have a lot of business ideas in my mind but executing them is hard for me because the problem always lies on the fund. Well, if I have that amount to start with a business, honestly I'll keep the 30BTC and will start to use the other half for establishing different businesses and investments that's on my mind.

Making a crypto related business is out of my scope lately because operating on my location is a struggle but to make it easier, I can easily invest to the bankroll of established casinos but the majority of the remaining funds, I'll go with the traditional investments and buy shares of company or even buy a running business. I believe with that amount it's already enough to buy one.

[Periodik]

If someone has 60 BTC can he start a decent crypto business to make passive income? Please share some business ideas.
What would you prefer? Casino/Sportsbetting/Wallet/Exchange and which has the highest earning potential?
Provided i have funds - 60BTC and no knowledge regarding business and i am not a designer but i want to start my own crypto business. Where can i start? Where can i find and hire team for myself like designers/developers etc to start my business? I know good team can help the business grow but bad team can ruin everything so what are the things to look for before starting a business? Where to get the business partners with good ideas and genuine team? Where would you start from if you are in my situation. Please share your opinions in this thread  

If I have 60 BTC I will not be starting a crypto project. I would rather build a physical business that will be accepting Bitcoin and altcoin payments. Starting a crypto project will only eat your Bitcoin away. There are very high risks with starting a crypto project right now. Look at the past and present crypto projects. Are they even reaping returns of their investment?

[Casdinyard]

What would you prefer? Casino/Sportsbetting/Wallet/Exchange and which has the highest earning potential?
Provided i have funds - 60BTC and no knowledge regarding business and i am not a designer but i want to start my own crypto business. Where can i start? Where can i find and hire team for myself like designers/developers etc to start my business? I know good team can help the business grow but bad team can ruin everything so what are the things to look for before starting a business? Where to get the business partners with good ideas and genuine team? Where would you start from if you are in my situation. Please share your opinions in this thread  

First off, you should at least be knowledgeable in crypto so you wouldn't be fool. And yeah, creating team members dedicated for your business is the least that you could do however this might be hard to filter potential applicants.

Moreover, if I'll have this amount I would definitely just hold the half while the other would be investing in a real life venture that could give passive income. We all know that crypto industry is quite lucrative however high risk in the same time so just go with offline investment, just in case.

[znation]

For me if I have 60 BTC I will spend half to trade and keep BTC for myself 30 BTC, I will split into 2 to buy good Altcoin and the rest will open a small trading shop to I earn my daily income and I don't have to work for anyone else.

[Doranile432]

If I have 60BTC today I will definitely start building my own crypto exchange, this is the fastest way to make unlimited profits daily and between a year and two you will be swimming in lots of money

[ice18]

60 BTC is quite a huge amount of money to invest into crpytocurrencies as an individual but not enough to run a project and sustain it unless you plan on conducting an ICO or IEO in the near future.  

Well it depends on your location because for me 60btc is pretty huge to start a crypto business I can hire 5 skilled developers in our country with that amount good for 1-2 years and paid all required fees to start a business sometimes very huge budget is not needed if you got the idea, smart people around you and your determination and positive thinking you might succeed.  

[trickshot22]

60 Bitcoin is an enormous amount and potentially enough to build your own business in cryptography. Nonetheless, if you don't have any idea where to get a team, it would hardly create a business. It's easier in this world if you build a trustworthy team that can do the job properly. This place is full of frustration, so if you don't know enough about these things then your 60 BTC might be in vain. To begin with, you need to gather as much information as possible, make a reference plan or roadmap. The best option is just not to restrict our crypto business, you might be able to use the fund to buy stocks on the market.

[Twentyonepaylots]

60 Bitcoin is an enormous amount and potentially enough to build your own business in cryptography. Nonetheless, if you don't have any idea where to get a team, it would hardly create a business. It's easier in this world if you build a trustworthy team that can do the job properly. This place is full of frustration, so if you don't know enough about these things then your 60 BTC might be in vain. To begin with, you need to gather as much information as possible, make a reference plan or roadmap. The best option is just not to restrict our crypto business, you might be able to use the fund to buy stocks on the market.

If I would have that huge amount of BTC I would not build a business from where it came from, there is a huge potential of business in here in cryptocurrencies but with the competition that is giving birth to more and more shit coins and projects gives me chills to the bone. I would convert that up into fiat and work my ass out on a physical business, I'm not really considering to have a business in here.

[imstillthebest]

For me if I have 60 BTC I will spend half to trade and keep BTC for myself 30 BTC, I will split into 2 to buy good Altcoin and the rest will open a small trading shop to I earn my daily income and I don't have to work for anyone else.

open a small trading shop ? as in a crypto exchange  ? or others  ?  30 btc is i think seem to be small on this kind of business but you said its only small right  ? just put a limit or a warning for the maximum amount to depo or to withdrew so that your business can run as what it intended to be  .

 meanwhile 30 btc for your self is already a good amount to keep you goin in the future and who knows ? btc price could jump and you can earn alot of profit in the future if that happens  .

[bitzizzix]

If I have 60 bitcoin, I want to open a clothing store business, especially t-shirts and I will make patterned t-shirts or symbols of all digital currencies and especially bitcoin.
and that way I can introduce bitcoin or cryptocurrency to those who buy it, and besides when they use a t-shirt with a bitcoin or cryptocurrency motif will be the center of everyone's attention, this business has been my hope for a long time and if I have 60 bitcoin , I will not waste it.

[Eugenar]

I will most likely offer some lending with proper regulatory procedures with cryptocurrencies. Why this is because I am sure that if I lend people bitcoin, I am allowing them to adopt to cryptocurrency, at the same time, with the same rate of bitcoin and with a small interest, I know that I am just hodling huge amount of bitcoin plus the interest of it if they pay it. Literally 60 btc is quite huge enough that requires serious decisions in order to further increase its amount.

[henrybek3]

I think the nicest thing to do with this bitcoin is hodl. I find it very difficult to allocate capital to invest in Bitcoin. If you have already reached a certain number, it will be easier to increase it. I think this market is more profitable for big fish.

[Discounted]

Buy houses, rent them out. Easy stable income

[lasry]

Having 60 btc is really great but spending it on something is quite difficult, probably I will just keep the half incase the price of the BTC increases in the future, and the other half I will invest it on other coins that has great potential. Though it sounds delusional for someone like me (a student) to have this great amount of BTC but that's my opinion/idea on how to spend that high amount of BTC.

[Periodik]

Buy houses, rent them out. Easy stable income

This is even more sound to me. Real estate investment is a nice investment. The land itself is an asset that is appreciating consistently year after year. It would be best to rent it out for Bitcoin though. Bitcoin is our money. We keep it and use it and earn it. 

[DevilSlayer]

60 Bitcoin is an enormous amount and potentially enough to build your own business in cryptography. Nonetheless, if you don't have any idea where to get a team, it would hardly create a business. It's easier in this world if you build a trustworthy team that can do the job properly. This place is full of frustration, so if you don't know enough about these things then your 60 BTC might be in vain. To begin with, you need to gather as much information as possible, make a reference plan or roadmap. The best option is just not to restrict our crypto business, you might be able to use the fund to buy stocks on the market.

If I would have that huge amount of BTC I would not build a business from where it came from, there is a huge potential of business in here in cryptocurrencies but with the competition that is giving birth to more and more shit coins and projects gives me chills to the bone. I would convert that up into fiat and work my ass out on a physical business, I'm not really considering to have a business in here.

60 BTC is a good capital but it is not enough in order to build an exchange or a gambling site so the best way to use it is by withdrawing it and build a business that can give us passive income. The best investment vehicle for me is real estates and also a manufacturing company. If I have that kind of money then I will start my own business that can generate huge amount of cash flow in my asset.

[Murat]

How rich you are already, I think you don't need to start a new business in this system, if I were you then I would divide into two part of this amount, I would like to withdraw half of this portion in order to invest in buying some land and another portion would invest for holding for a long term period, I think land business and Bitcoin holding are both profitable and less risky in this current situation, but I know a lot of people suggest you invest for the exchange creation or Blockchain-based project and so on.

[Vishnu.Reang]

In normal cases, the success rate of a business startup is somewhere around 10% to 15%. However, in case of startups related to cryptocurrency, the success rate is even lower, in the range of 5%. So first you need to decide whether you want to take this much risk or not. My personal opinion is that cryptocurrency itself is a good investment option, and if you hold on to your coins for 3-4 years, then you will be able to get good ROI.

[TitanGEL]

60 Bitcoin is an enormous amount and potentially enough to build your own business in cryptography. Nonetheless, if you don't have any idea where to get a team, it would hardly create a business. It's easier in this world if you build a trustworthy team that can do the job properly. This place is full of frustration, so if you don't know enough about these things then your 60 BTC might be in vain. To begin with, you need to gather as much information as possible, make a reference plan or roadmap. The best option is just not to restrict our crypto business, you might be able to use the fund to buy stocks on the market.

If I would have that huge amount of BTC I would not build a business from where it came from, there is a huge potential of business in here in cryptocurrencies but with the competition that is giving birth to more and more shit coins and projects gives me chills to the bone. I would convert that up into fiat and work my ass out on a physical business, I'm not really considering to have a business in here.

60 BTC is a good capital but it is not enough in order to build an exchange or a gambling site so the best way to use it is by withdrawing it and build a business that can give us passive income. The best investment vehicle for me is real estates and also a manufacturing company. If I have that kind of money then I will start my own business that can generate huge amount of cash flow in my asset.

With 60 BTC we can create a gambling site there, the gambling sites are becoming more popular and the users over the years are keep increasing but there is a problem and it is the stiff competition in the market. There should be a good marketing team that can promote the gambling sites in order to survive in stiff competition. I want to have a gambling sites in the near future but the investment is really sucks because I'm aware that I need a huge amount of money.

[imutlinda]

In normal cases, the success rate of a business startup is somewhere around 10% to 15%. However, in case of startups related to cryptocurrency, the success rate is even lower, in the range of 5%. So first you need to decide whether you want to take this much risk or not. My personal opinion is that cryptocurrency itself is a good investment option, and if you hold on to your coins for 3-4 years, then you will be able to get good ROI.

in the business world there is always a risk and when we start a business we must be willing to do these things. so in the business world basically we have to keep thinking, to develop, hold, and much more. but if indeed we really want to do business then I think try it first and we will know ways to develop our abilities in it

[ubercool]

If you're ready to take risk then there are many people here who can pitch their idea but if I were you then I would probably try n trade a little, may be 5% of it in alts and try to make a profit.

[Dabs]

I would not get real estate itself to hold and rent out. I'd be more inclined to invest in a real estate business or buy some REIT instead. Much less headache, sorta stable income, almost like dividends. Speaking of dividends, I'd maybe put that into some oil pipelines. Those things have at least 6% to 7% (per annum) dividends paid monthly.

[msarro]

If you have 60 bitcoin why don’t you just hold on?  60 bitcoin means you have (7000$ x 60 = 0.42 Million $). If I have 60 Bitcoin then I will prefer not to invest them in risky things like casinos or betting. More important is at what price you got these coins. If you have bought them at around 5k$ then you may sell some of them and have a world tour. Enjoy

[angrybirdy]

If you have 60 bitcoin why don’t you just hold on?  60 bitcoin means you have (7000$ x 60 = 0.42 Million $). If I have 60 Bitcoin then I will prefer not to invest them in risky things like casinos or betting. More important is at what price you got these coins. If you have bought them at around 5k$ then you may sell some of them and have a world tour. Enjoy

Op wanted to have a stable income, so holding on is out of his option. Gambling is also out of the option, it will be a waste of time and money as well due to its risk.
I don't recommend what you have said that he can sell it just to enjoy a world tour. It is not a good option to enjoy while seeing your money to slowly run out without getting any business or having a stable income

It would be better if op will withdraw it and build his own business like transportation service, real estate, etc.

[Kambal2000]

If you have 60 bitcoin why don’t you just hold on?  60 bitcoin means you have (7000$ x 60 = 0.42 Million $). If I have 60 Bitcoin then I will prefer not to invest them in risky things like casinos or betting. More important is at what price you got these coins. If you have bought them at around 5k$ then you may sell some of them and have a world tour. Enjoy

Op wanted to have a stable income, so holding on is out of his option. Gambling is also out of the option, it will be a waste of time and money as well due to its risk.
I don't recommend what you have said that he can sell it just to enjoy a world tour. It is not a good option to enjoy while seeing your money to slowly run out without getting any business or having a stable income

It would be better if op will withdraw it and build his own business like transportation service, real estate, etc.

I would also not risk the 60 Bitcoins to just holding or investing in cryptocurrencies, we knew how too risk crypto is, so I really think it is not that much practical, better to use it in a traditional business as you will have sure that you can see and you can still be able to manage and grow it, depending on you.

[TedMosby]

maybe, a crowdfunding platform for a real thing that can give you monthly dividends.
It can be a property, service, or anything else.

[altcointalk14]

The best business you can do with bitcoin is to hold them in your digital wallet. There are many who aim to get 1 bitcoin, you are lucky to have 60 bitcoin straight away. My advice is not to look here and there just HODL. Currently price of bitcoin is low you may sell if it crossed 15k$ and double your investment.

[tungaqhd]

If someone has 60 BTC can he start a decent crypto business to make passive income? Please share some business ideas.
What would you prefer? Casino/Sportsbetting/Wallet/Exchange and which has the highest earning potential?
Provided i have funds - 60BTC and no knowledge regarding business and i am not a designer but i want to start my own crypto business. Where can i start? Where can i find and hire team for myself like designers/developers etc to start my business? I know good team can help the business grow but bad team can ruin everything so what are the things to look for before starting a business? Where to get the business partners with good ideas and genuine team? Where would you start from if you are in my situation. Please share your opinions in this thread  

I think trading is the best option but it is risky, you might lose your money. You can create a service/ website where allow people to exchange Paypal/ Perfect Money with your Bitcoin.

[tianglistrik]

If someone has 60 BTC can he start a decent crypto business to make passive income? Please share some business ideas.
What would you prefer? Casino/Sportsbetting/Wallet/Exchange and which has the highest earning potential?
Provided i have funds - 60BTC and no knowledge regarding business and i am not a designer but i want to start my own crypto business. Where can i start? Where can i find and hire team for myself like designers/developers etc to start my business? I know good team can help the business grow but bad team can ruin everything so what are the things to look for before starting a business? Where to get the business partners with good ideas and genuine team? Where would you start from if you are in my situation. Please share your opinions in this thread  

I think trading is the best option but it is risky, you might lose your money. You can create a service/ website where allow people to exchange Paypal/ Perfect Money with your Bitcoin.

actually in business we can do many things that certainly follow the capabilities possessed, if large funds then we can also divide some funds into several businesses or focus on one business and think about the developments that will be made in the business

[crisanto01]

In my opinion 60 bitcoins is too much for a business. Beginners would lose all the money and won`t get the profit. Everyone  should begin from a small amount of money to understand how to double and t triple the money, without big investings. I can say that there are some business ideas which don`t need money at all. Now internet provides us such abilities. For example I found  blog about hustle ideas. They are great. i even started few from here, and I get extra 2000$-3000$ per month. Read it carefully, guys.

You need to have some financial adviser if that happens, when you have 60 Bitcoins, it is still a lot of money especially here in our countries, you can already buy house and lot, a brand  new car and can already have a lot of business, if that happens, that is what I will do the 60 Bitcoins too, and of course don't forget to save for future.

[dimox]

i dont like casino, but it will be the best offline income. many people will join and play, though they dont know about bitcoin, you can provide that service, you can explain or make deposit via crypto, but you must introduce, explain, and make them know how to use it.

[cryp24x]

Personally, I prefer to create a mobile wallet and a digital currency exchange. Since most businesses were based on projects and gambling. Best way to make the cycle is to provide services to convert fiat to crypto and vice versa. This way, we can really have a healthy Crypto environment.

[Asuspawer09]

If someone has 60 BTC can he start a decent crypto business to make passive income? Please share some business ideas.
What would you prefer? Casino/Sportsbetting/Wallet/Exchange and which has the highest earning potential?
Provided i have funds - 60BTC and no knowledge regarding business and i am not a designer but i want to start my own crypto business. Where can i start? Where can i find and hire team for myself like designers/developers etc to start my business? I know good team can help the business grow but bad team can ruin everything so what are the things to look for before starting a business? Where to get the business partners with good ideas and genuine team? Where would you start from if you are in my situation. Please share your opinions in this thread  

I don't recommend making some kind of cryptocurrency business like exchanger, websites or gambling websites since it was a huge risk for your money. A lot of these websites are already close because of the lack of users on the websites. I think the best investment is passive investments like apartments if you invest in this kind of investment you could make sure of passive profit monthly also I think franchises are also a great business to start will your money.

[Aikidoka]

60 BTC is really a huge amount of money, and you can do a lot with it. If I was you I'd probably go for buying real estate because it's like an amazing investment which we all know that real estate will be more expensive over the years, I'd probably save more money to use them to trade or just thinking of the long term holding of bitcoin. Risking is good sometimes as well, but I'd better to not take a high risk in like gambling or not guaranteed things.

[Wipeout2097]

If someone has 60 BTC can he start a decent crypto business to make passive income? Please share some business ideas.
What would you prefer? Casino/Sportsbetting/Wallet/Exchange and which has the highest earning potential?
Provided i have funds - 60BTC and no knowledge regarding business and i am not a designer but i want to start my own crypto business. Where can i start? Where can i find and hire team for myself like designers/developers etc to start my business? I know good team can help the business grow but bad team can ruin everything so what are the things to look for before starting a business? Where to get the business partners with good ideas and genuine team? Where would you start from if you are in my situation. Please share your opinions in this thread  

No doubt best team behind any project make great things,Already you found your answer in your question. Being own boss and freedom better than to get stuck where you dont belong.I would suggest learn abut trading and just invest in different legit platform in staking and just sit behind the screen to watch your income.

Trading will give a way and purpose of life so educate yourself to learn all abut trading and start earn with your funds.

[Kambal2000]

If someone has 60 BTC can he start a decent crypto business to make passive income? Please share some business ideas.
What would you prefer? Casino/Sportsbetting/Wallet/Exchange and which has the highest earning potential?
Provided i have funds - 60BTC and no knowledge regarding business and i am not a designer but i want to start my own crypto business. Where can i start? Where can i find and hire team for myself like designers/developers etc to start my business? I know good team can help the business grow but bad team can ruin everything so what are the things to look for before starting a business? Where to get the business partners with good ideas and genuine team? Where would you start from if you are in my situation. Please share your opinions in this thread  

No doubt best team behind any project make great things,Already you found your answer in your question. Being own boss and freedom better than to get stuck where you dont belong.I would suggest learn abut trading and just invest in different legit platform in staking and just sit behind the screen to watch your income.

Trading will give a way and purpose of life so educate yourself to learn all abut trading and start earn with your funds.

It's really a big sum of money, which I think I won't take risk in just investing in crypto or just to make it as my capital in trading, I would rather invest it in real world by having my own company, I will start my own, save some for the future and in case of emergency as well as invest just a few percentage of in cryptocurrencies such as Bitcoin and Ethereum.