Business ideas with 60 Bitcoin? What would you do?

[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.