Topic: Earn an apartment in a bear market (Read 957 times)

I have repeatedly said that security is the main thing in investing. I don't mind BTC and ETH and I also hope that most of your portfolio is filled with BTC and ETH. It doesn't matter if a small part of the portfolio is filled with altcoins of your choice such as XRP, SOL, DOT, XLM, ADA.

instead of future trading I will still recommend him to do investment in Bitcoin and since he made mentioned of the kind of project he would like to invest. And why I am recommending that because the amount needed to rent the apartment is very big amount and the total amount he has still far from reaching the amount to rent the apartment so if he can use the $5000 to invest in Bitcoin and when the price of Bitcoin enter the ATH then he will make enough profit to rent the apartment or even if it is possible to buy it, he can do that. Because the time the thread was created was an August 2023 and by then Bitcoin was $25,000 so if he bought it at that time nd now that Bitcoin is $46,000, he would have taken some profit and continue the investment.

the only way you can earn profit in bearish is by future trading, but the thing is its really difficult to win in future trading.
sometime you might lose your investment instead thats why many people are also avoiding future trading because its more difficult than spot.

So you do have currently 6k usd in your crypto or still in fiat form? If those total in 6k then you would really be having no choice but to hold it up specially those coins mentioned are top layer 1 coins in the market.
The only issue on here is that there's no way on telling on which coins would really be pumping on upcoming bull run. There's no way on knowing on what the future holds. Basing up on your target which is
$160k which is really that still needing that x22 of your current portfolio value then i must say that it is really that still too far stretch off. Somewhat we dont really know on how many X or multipliers which those coins would really be able to reach out on upcoming bullrun. Dont alter out with those coins you've selected into some shitcoins in the market just to make yourself be able to reach out that goal. Be patient and lets see on how
this upcoming bullrun would stretched out.

Totally not a bad choice and even myself on having a capital or money to be spent then i would definitely be going with these top coins and a little bit mix of some new coins
that had really some potential on which i could say that it isnt really that a bad bag that you've been holding. Better to get less risky action or movement rather than
on making yourself bagholding some shit or meme coins for long term .lol

It is not risk free to invest in any of them. But it is better to limit the number of tokens you are putting your money on in order to limit your risk also. The fewer you have them the lesser your risk of exposure is. That is what he meant. Ok, you said about setting $130,000 to get an apartment. Is that renting or you are buying it out to own it because that is huge amount?

Those that are on the OPs portfolio are not really that bad alts, those were the kind of alts that follow suit during bitcoin will have a run. So, most probably it's going to after the halving where bitcoin tends to make a bullrun that could potentially break another ATH, these alts would follow as well. Though adding more bitcoin to your portfolio is a bit of a safer choice than continue diversifying with alts these days, but still it depends on your preferences as we are all trying to maximize the opportunity to earn more during bull season.

There is a purpose behind everything we do. Once you have set a specific goal, you have taken a step forward. There are various top coins in your portfolio. I think you can add Matic coin to your portfolio. Because it is Polygon network's own coin and its demand is increasing day by day.

I think one of the best options is to add more BTC and I think some other potential altcoins have a high chance of raising their price in the upcoming months because not all of the altcoins in your lists are actually good rather they will fail because of lots of disappointment that are currently going on in their platforms. It's best to stay on buying more BTC because next year there will be another bull run which we all know will be the same reason for the price of bitcoins to rise and probably will create another ATH as well.

Op the plan you have taken is very good plan if your luck is with you if you can achieve success through hard work.  But I think you are much better off investing in Bitcoin rather than investing in alt coins. Because we have seen before that many people have suffered losses by investing in alt coins. So I will advise you to invest in Bitcoin. Of course you have to proceed with caution and invest carefully and certainly want you to succeed.

This is exactly what I have been doing so far where most of my investment are into Bitcoin. The rest are being played into DeFi where I am doing retroactive drop campaigns.

Ethereum on the other hand, is also what I am preferring to as long term like Bitcoin. So both BTC and ETH are much more worth to buy, hold and DCA (dollar-cost averaging).

If I were you, I keep accumulating in these two coins that I’ve mentioned regardless of the market conditions.

Hello everyone, accumulation is accelerating, at the moment the crypto portfolio is $9,500, and there is also an additional $2,000 that is waiting for further investment. Do you think we will expect prices to go down?

What he's thinking is not unrealistic, to be honest, based on what we've seen in the past during bull runs, it's achievable, but it's not easy for sure, and there is obviously no guarantee that all his investments will work and bring him multiple folds of profit during the bull run and that is the only way he can actually get his target achieved, otherwise, he may get some profit on top of his total investment but he won't actually reach as high as he wants to reach.

Logically, though some new altcoins might be able to do that, expecting a very high return from an already-established altcoin is not good because they might not be able to go that high during the bull run. One should expect maybe a 4x to 6x return on altcoins that have relatively low prices in general.

my rought suggestion is that to determine the previous all time high and current price make comparation, then you estimate capital needed for that, like if bitcoin right now is about $25k and
previous bullrun all time high was about $100k then you can simply invest about $30K and if bitcoin really hits all time high in future bullrun then you could easily score $120k within just one period that with a big if honestly since we all still don't know whether bitcoin could ever reach its all time high again but the previous bullruns has shown that bitcoin always hitting all time high and growing quite rapidly in terms of valuation so therefore
that'd be my estimation, but I believe even if it reached half of all time high you'd already made massive money.

Thank you, but I want to understand what else I should add to the portfolio. bitcoin will not be able to give x10 for a possible bullish cycle, and altcoin can get x3-50.
I am willing to take risks to get what will improve my life. What coins should I expand my portfolio with? Now the portfolio structure looks like this, yes - yes there is a lot of xrp, but these are coins bought back in 2019

Token   Value   Ratio

XRP       $2,561.96    38.46%
BTC       $1,546.26    23.21%
XLM       $821.06      12.33%
DOT       $445.74   6.69%
ADA       $424.72   6.38%
1INCH    $195.53   2.94%
BNB       $141.23   2.12%
ATOM     $117.26   1.76%
SHIB      $114.81   1.72%
AVAX      $95.65   1.44%
QTUM     $84.76   1.27%
SOL        $59.75   0.90%
WBETH   $52.27   0.78%
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That is a very good one and smart decision one need to take in cryptocurrency market, because the current market price situation not encouraging at all to used all the assets in one basket, the chance of next Bull Run market is set as long you can hold as stated good to go and well prepared for next Bull Run.

I got to say that’s gonna be way big leap if you achieve that goal. I think starting with just 500 bucks a month gonna take lot of time for you. The volatility will be hitting hard all the time and all those cyclic changes will make you think twice whether to continue your quest or not. I am not demotivating you but putting huge stakes on Altcoins isn’t right idea. I am thinking you should add more funds in bitcoin and also contribute more than 500 bucks per month. Consider as if you are paying EMI for loan or something but only thing is you will be saving for the good. With what you saving and let us say 25% hiked every year then also it will take you 17 years period. This is also after keeping your saving plan fixed and yearly hikes fixed. It could be more.

Not easy to earn an apartment in this bear market ,Things are not easy these days most people finds it hard to diversify their portpolia and make good gains. Currently more than 90% of my portfolio consist of Btc think it is much safer for investment and holding for a long time unlike the other altcoins. Most altcoins lose so much of there value in a short time that is why there are not very safe for long term hold.

Regardless of what coins we choose, we can only make a profit if we are also patient enough to wait for the price will rise. Because the truth is that we can' expect to earn a profit right after buying them, the price won't always go up high, it dumps as well that is we have to learn to hold. What we always do is we assume that the market will give us a favor, but it is not and losses are very possible for impatient people.

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If we are a trader, profit is still possible during the bear season but if we are just purely as an investor, that is unlikely possible.

well thats true, bitcoin market capitalization is simply too high to make it have massive gain within short amount of time at best it would be some slight increase overtime but seeing the
linear growth of bitcoin we can be rest assured that every halving its gonna increase its value maybe breaking through its previous all time high.
moreover, its mostly suited for those institutional investors that have millions in their pocket to invest in bitcoin.
for individual not so much but still best investment since from the linear growth alone we could always see that its special.

You are using price target without indicating the capital size you are explaining, only the profits you were giving out, I believe $1000 was the basis you were using as the capital example and with such explaination, it is very clear that percentage increase can give you the type of profit you want or wish to have but I hope you know that it is not only in percentage increase alone money can be made from, you make it also from % decrease as the subject says, there are opportunity in every direction of the market.

Making money here really depends on how lucky you are to have bough the right project that blew up before pump, the one that captire everyone and the one the trade maketeters all hype very well, if you have just one of them to have bought just $100, you will not regret spending $1 to buy any coin in crypto.

Bitcoin outperforms most altcoins because there's countless of scammy and 90% or more of them won't even end up in coinmarketcap before they are over. We are at the point where bitcoin has become so valuable it's hard for it to outperform any smaller caps. In fact several famous altcoins have outperformed in several years it even after them being famous already.

I am not saying bitcoin is a bad investment, but i hardly can see it outperforming the potentially good top marketcap altcoins.