Business ideas with 60 Bitcoin? What would you do?

[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.

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[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?