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bitzizzix
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December 30, 2019, 04:41:59 PM |
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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.
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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Eugenar
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December 30, 2019, 04:51:07 PM |
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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.
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henrybek3
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December 30, 2019, 10:13:59 PM |
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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.
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Discounted
Member
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Activity: 158
Merit: 28
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December 30, 2019, 11:06:34 PM |
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Buy houses, rent them out. Easy stable income
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lasry
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Merit: 10
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December 31, 2019, 03:09:06 AM |
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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.
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Periodik
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December 31, 2019, 03:23:12 AM |
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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. |
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DevilSlayer
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December 31, 2019, 03:41:42 AM |
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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. |
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Murat
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December 31, 2019, 05:37:20 AM |
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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.
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Vishnu.Reang
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December 31, 2019, 06:18:34 AM |
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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.
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TitanGEL
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December 31, 2019, 09:28:41 AM |
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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. |
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imutlinda
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December 31, 2019, 09:59:46 AM |
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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 |
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ubercool
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December 31, 2019, 10:12:28 AM |
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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.
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Dabs
Legendary
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Activity: 3416
Merit: 1912
The Concierge of Crypto
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December 31, 2019, 01:35:59 PM |
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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.
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msarro
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December 31, 2019, 04:17:35 PM |
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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
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angrybirdy
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January 01, 2020, 06:23:56 AM |
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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. |
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Kambal2000
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January 01, 2020, 07:05:54 AM |
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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. |
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TedMosby
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January 01, 2020, 09:14:48 AM |
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maybe, a crowdfunding platform for a real thing that can give you monthly dividends.
It can be a property, service, or anything else.
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altcointalk14
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January 01, 2020, 04:49:52 PM |
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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.
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tungaqhd
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January 02, 2020, 04:27:59 AM |
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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 - 60 BTC 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. |
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tianglistrik
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January 02, 2020, 05:19:32 AM |
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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 - 60 BTC 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 |
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