Pretty big risk, as others have stated, but we could have said the same about btc people years ago too. There were a bunch of troll-y (meaning probably fake) posts about people going all in on btc at it's then highs... sold their houses and so on... and now they are ruined. Yet because btc went crazy like 6 months later, they either became rich or their troll attempts failed.
I would suggest putting some into BTC. Heavy into one alt is a risk (but for all we know, it's the correct choice), but at the very least have a backup plan using BTC. That way if NEO doesn't work out, you probably could offset any loss with BTC's gains.
Topic: I went $150.000, into NEO (screen) - page 2. (Read 698 times)
I assure OP that he wont regret his decisions. NEO is combination of ethereum and its better version.
It is a complete smart economy in itself.
It is a complete smart economy in itself.
This is the true NEO investor (He even shows us the proof if he invested this amount)
OP, just ignore all those people who think you are too crazy to invest such huge amount only in a coin. When NEO back as their ATH, you can shut up their mouth.
But OP, if you invested $150k in LINK yesterday, your investment already turned to $300k right now. Just saying
OP, just ignore all those people who think you are too crazy to invest such huge amount only in a coin. When NEO back as their ATH, you can shut up their mouth.
But OP, if you invested $150k in LINK yesterday, your investment already turned to $300k right now. Just saying
allow me to congratulate you on taking a huge risk that most people will not come near. Once altcoin season hits you can make big and although most people would prefer BTC as a safer investment I don't see why someone can't go to neo, eth or any other altcoin. I would keep from criticizing your investment regardless of my own personal view on it and I wish you good luck. 
Most of the people will choose BTC as safest one to make profits, but at the same time we can invest on a potential coin like NEO, NEO coin has the capability to increase it previous ATH, but everything depends on the market situation and on the price of bitcoin.
Don't go all in on one coin, You will do better if you invest in different coins(Mostly the top 20 ones), Also don't forget to add Bitcoin in your portfolio, Betting against Bitcoin is a bad idea.
I have to agree that diversifying your coin holdings would be better. You can weight your alt coins to have more NEO but addsome top 5 coins to your selection that you know will still perform solidly over time. Maybe not the same 15-20 times gains you are expecting from holding onky NEO but you will reduce your risk to a catastrophic event if the NEO project disappears (eg. bankruptcy, loss of major development team members, or being replaced by a better competing coin).
Don't go all in on one coin, You will do better if you invest in different coins(Mostly the top 20 ones), Also don't forget to add Bitcoin in your portfolio, Betting against Bitcoin is a bad idea.
If you buy a NEO in the price range of $ 10, I think now it starts to profit because the NEO price is around $ 18 and may continue to rise. NEO is good for long-term investment and also OP buys at a fairly cheap price
The classic mistake by newbie, investing into only one altcoin because you read somewhere that they have many good plans. But plan doesn´t mean anything. We need use and adoption.
First a bit of history about myself.
__________________________________________________________________
1. 25 year old bitcoin believer as of now.
2. Put my whole bank back in 2017 June Into bitcoin (around 11.000 euro).
3. Self taught Investor/trader in crypto currency
4. Considered investing/trading more as a hobby then money making, as i enjoyed doing it.
5. Found out own trading strategies that are unknown to most people that delivered me up to 5.000-10.000$ a month.
6. Had people working for me in the crypto currency field.
7. Average weekly work time around 60-70 hours.
__________________________________________________________________
So why did i put 150.000 usd into NEO?
Buy in zone $10-15.
The first and number 1 reason is marketing. It's all about marketing. If the the product is excellent and has bad marketing it will always lose from a poor product that has excellent marketing.
1. Neo has perfect marketcap and position in the ranking, which will make it prone to fast growth. I guess most of you will find many reasons why. They're most likely all correct.
2. Excellent marketing in China, you could've read about it in the newspaper a lot during alt cycle as it is Chinas #1 coin.
3. High probability in 2020/2021 for Chinese Government adoption.
4. Excellent marketing during high times, reach zone U.S.A/Europe.
5. Alot of big youtube names that are bag holders.
6. Most well known name that fit the criteria marketcap and ranking.
7. China high percentage of bitcoin miners, which will make Neo prone for price rise ups.
8. Ones second Fomo hits in alot of new people and investment money will hit the market. Expect alot of projects based on NEO. (current fomo percentage compared to 2017 is around 10-15%) Means we are not in a fomo mode yet. Expect it to be around 20k, with new ath media coverage.
9. Alot of money available for marketing, Neo offices are appearing everywhere over the world.
10. Insider information that coinbase will add Neo, this year?
Screen: https://ibb.co/9rV5R3X
Wow this is a huge investment and I think you are doing well you invested in a great crypto and making a huge profit monthly .__________________________________________________________________
1. 25 year old bitcoin believer as of now.
2. Put my whole bank back in 2017 June Into bitcoin (around 11.000 euro).
3. Self taught Investor/trader in crypto currency
4. Considered investing/trading more as a hobby then money making, as i enjoyed doing it.
5. Found out own trading strategies that are unknown to most people that delivered me up to 5.000-10.000$ a month.
6. Had people working for me in the crypto currency field.
7. Average weekly work time around 60-70 hours.
__________________________________________________________________
So why did i put 150.000 usd into NEO?
Buy in zone $10-15.
The first and number 1 reason is marketing. It's all about marketing. If the the product is excellent and has bad marketing it will always lose from a poor product that has excellent marketing.
1. Neo has perfect marketcap and position in the ranking, which will make it prone to fast growth. I guess most of you will find many reasons why. They're most likely all correct.
2. Excellent marketing in China, you could've read about it in the newspaper a lot during alt cycle as it is Chinas #1 coin.
3. High probability in 2020/2021 for Chinese Government adoption.
4. Excellent marketing during high times, reach zone U.S.A/Europe.
5. Alot of big youtube names that are bag holders.
6. Most well known name that fit the criteria marketcap and ranking.
7. China high percentage of bitcoin miners, which will make Neo prone for price rise ups.
8. Ones second Fomo hits in alot of new people and investment money will hit the market. Expect alot of projects based on NEO. (current fomo percentage compared to 2017 is around 10-15%) Means we are not in a fomo mode yet. Expect it to be around 20k, with new ath media coverage.
9. Alot of money available for marketing, Neo offices are appearing everywhere over the world.
10. Insider information that coinbase will add Neo, this year?
Screen: https://ibb.co/9rV5R3X
I also have my eye on NEO it is a good project I found out about it on an airdrop in one of the trading site that I have been using.
If you have the money to invest then do it. I'm not however going to put that much since a more diversified investment will look as if you are a better investor. NEO is a great coin, I have hold the few I got which I have been receiving GAS as well thru it. You can totally leave it in your wallet and enjoy life. The GAS will still continue to flow like a dividend from a company.
Well i always made correct investment choices in this market, considering my past experience i'm 100% confident in this investment. Neo has alot of investment money, and it's China not Europe nor U.S.A. Which means their backup/investment money is worth 5x-10x compared to U.S.A/Europe. Which means they will always have enough money to backup their project or survive a prolonged bear market. China has 1.4 Billion people and it's chinese #1 coin. Neo's marketing strategies during up times are amazing from their past historical experiences. I'm gonna bet highly that they're gonna make a smart economical growth move that will pump up the coin, we can also see that they still have a long way to go to exhaust their development supply which means there is too much room for growth.
what a re serious move you made here. you must have been trading in this volatile market for so long. it looks like you have enough cash to dull out in the market but hoping to see you earn huge returns and never got burnt.
invest 150k $ is a lot money, if you put that on neo that mean you believe to that coin and can give profit in future that impressive.
but neo is a one of good altcoin, so you no need to worry about your money, even if big dump coming like now, it will be recover time by time.
but neo is a one of good altcoin, so you no need to worry about your money, even if big dump coming like now, it will be recover time by time.
Great, but I would buy neo for lower price. Anyway you're in profit at the moment and with hold you will get even more, so you have good point for long term
I can see the OPs next post already "Neo Is Scam Lost 150k"
Foolish idea throwing all you money into one coin very bad strategy from an investment point of view.
Did you think what if a big Neo whale decides to sell or dump on the market what will your portfolio look like then?
Foolish idea throwing all you money into one coin very bad strategy from an investment point of view.
Did you think what if a big Neo whale decides to sell or dump on the market what will your portfolio look like then?
I see you have an opened youtube tab with video called "$20,000 Bitcoin coming". I hope that your decision to spent 150k $ on Neo was not formed after you have watched this video.
Your investment choice is very right, I also have a little NEO and I will hold it until the end of this year, Neo slowly starts to rise due to market support. My advice is that you have to hold back until big profits reach you.
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You can invest your 150k$ into NEO if you have more 150k$ in your holdings that can help to reduce loss if you will in a loss. So you should hold some money as back up. And I don't this it is not wise to invest in NEO at this moment because NEO suddenly pumped two days ago. So wait for your entry price. Or if already brought in before the pump you should take the profit now, and rebuy again. GOOD LUCk
Of course, it’s good that you invested quite a lot in this coin. But I shield that investing in one coin can be disastrously dangerous. The fact is that it is better to play with a lot of coins to minimize the risk. Let's say in the winter you could invest in ETH at 80 and today you would get x2-x3 and be able to invest further in the market.
I can understand that you want to play big but this is a mistake to put all of your money in crypto and especially in one coin. never invest more money that you can afford to lose.
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