Pages:
Author

Topic: My crypto Portfolio - when will I be rich? - page 2. (Read 3316 times)

newbie
Activity: 28
Merit: 0
Holy, you have 66 BTC and also more than that in some altcoins. I agreed with people on above if i can say you already rich for now. Did you bought it when it was still cheap? Or you get those BTC from altcoin trading?

I bought most of it, only earned a few trading. I put $40K in BTC over 3 years from 2013-2015

Guyz.... when will I be rich?

what's your definition of "rich" ?

$10M+ net worth... or $5M liquid wealth... that's when you can comfortably retire.

For the purpose of this thread though... you can assume $1M, I'd be pretty happy if my crypto portfolio reaches that.

You have more than $200K in crypto and you are asking when will you be rich  Roll Eyes
Do you know most people can't earn $200K even if they work for 30 years?
I think you are just bragging  Tongue You are already rich.

Not sure if you're serious... $200K is pocket change these days in America. Definitely not enough to retire or consider yourself to be "rich" and I'm definitely not bragging. I want a LOT more than $200K

You don't need 10M or 5M to comfortably retire. You can practically retire when you can live on your investments. A rule of thumb is when your costs of living amounts to 4% of your savings (given the expected growth of the stock market) then you can retire. For me that is far below $5M.
full member
Activity: 190
Merit: 100
Guyz.... when will I be rich? Tired of being "middle class"  Cry Cry Cry

Bitcoin - 66BTC

Siacoin - 1,708,333 SC (10.28 BTC value)
 
Lisk - 1113.58 LSK (1.21 BTC value)

GameCredits - 1031.09 GAME (1.49 BTC value)

Ethereum Classic - 279.56 ETC (2 BTC value)



Middle class? Bro, not sure if you are stealth bragging or trolling, but if you have 200.000$ to invest in a cryptocurrency, you don't fall in the category of "middle class".

However, lets assume you are serious. I think in 5-10 years you will have at least *10, even if you don't do anything anymore and just hold.
hero member
Activity: 966
Merit: 501
Nice portfolio, but indeed too much BTC, if it was mine:

Keep 50-60% BTC

If you are not confortable with alts, no problem just trade them in this manner:

buy when they are on the low, after a crash ( you missed a perfect opportunity last days)

and then sell them when they are up 10-20%

I will rise fast you see.


Until they don't rise again....


on the last dump I legitimately thought this was the start of a new alt coin bear market

They will stop to rise IF/WHEN Bitcoin is in trouble (ex in 2015 after MTGOX), until then, manipulation, FUD will create some crash.

Of course I can be wrong, but hey you have a nice amount now, you want more, you need to risk it(balls).
legendary
Activity: 1330
Merit: 1000
dafar consulting
Nice portfolio, but indeed too much BTC, if it was mine:

Keep 50-60% BTC

If you are not confortable with alts, no problem just trade them in this manner:

buy when they are on the low, after a crash ( you missed a perfect opportunity last days)

and then sell them when they are up 10-20%

I will rise fast you see.


Until they don't rise again....


on the last dump I legitimately thought this was the start of a new alt coin bear market
hero member
Activity: 966
Merit: 501
Nice portfolio, but indeed too much BTC, if it was mine:

Keep 50-60% BTC

If you are not confortable with alts, no problem just trade them in this manner:

buy when they are on the low, after a crash ( you missed a perfect opportunity last days)

and then sell them when they are up 10-20%

I will rise fast you see.
legendary
Activity: 1330
Merit: 1000
dafar consulting
with 16BTC, you can have a sound strategy of putting 10BTC in "stable" alts (top 10 market cap on coinmarketcap, LTC and co...), 3BTC on smaller caps (still in the top20), and 3BTC to play and take some risks (ICOs, low MK...)

It's up to you man. YOU DECIDE :-)

Edit: 200k of assets and "middle class": you live in the Silicon Valley ?

Maybe I'll consider divesting 10 more BTC in other alts... but BTC is where it's at.... when BTC moons (and it WILL) I will hate myself for not holding more BTC. Alts might get crushed when BTC moons so that's risky too.


And lol... I wish I lived in Silicon Valley... I would be dirt poor in Silicon Valley. $200k would be gone on rent alone in 2-3 years.



You are already rich. What else do you want. You keep loots of digital dreams. If you can afford all this you are not just rich but really really rich.


No I'm not... what else do I want? How about $1M... that would be a start. I am no where close to being rich in the US
legendary
Activity: 2730
Merit: 1288
Guyz.... when will I be rich? Tired of being "middle class"  Cry Cry Cry

Bitcoin - 66BTC

Siacoin - 1,708,333 SC (10.28 BTC value)
 
Lisk - 1113.58 LSK (1.21 BTC value)

GameCredits - 1031.09 GAME (1.49 BTC value)

Ethereum Classic - 279.56 ETC (2 BTC value)



You are already rich. What else do you want. You keep loots of digital dreams. If you can afford all this you are not just rich but really really rich.
full member
Activity: 336
Merit: 101
Too much BTC in this wallet...

if you want to get rich, take 16 BTC of your wallet, and go for some ALTs.
ARK, WAVES, DGB etc... do your search on the forum and you will find the ones you want to invest in.
Pick 5 max, and put 3.x btc per coin.

Have fun.


Maybe... I was thinking about ANS, WAVES and XVG... DBG is a P&D coin. Not sure what ARK is. But I think I have enough alts... I'm not comfortable with alts, only with BTC. So I don't know if I wanna risk losing more BTC. BTC is most likely going to make my portfolio value grow... alts will depend on luck.


I made x5 on Alts (mostly on ETH and WAVES) in BTC and x3 on BTC (bought late a $700). Total of x15, and most of my gain is on alts.
I manage my ptf in BTC value, knowing hoping that the BTC should rise.

Frankly, imho you have a lot of exposure on the BTC. maybe too much.
You would have put 10 BTC in ETH a months ago, you would have something around 50 today.

with 16BTC, you can have a sound strategy of putting 10BTC in "stable" alts (top 10 market cap on coinmarketcap, LTC and co...), 3BTC on smaller caps (still in the top20), and 3BTC to play and take some risks (ICOs, low MK...)

It's up to you man. YOU DECIDE :-)

Edit: 200k of assets and "middle class": you live in the Silicon Valley ?

sr. member
Activity: 518
Merit: 258
Restaurante in Punta Cana. You big boss. Women,Sea,Sun, Barcadi feeling  wow
legendary
Activity: 1330
Merit: 1000
dafar consulting
Too much BTC in this wallet...

if you want to get rich, take 16 BTC of your wallet, and go for some ALTs.
ARK, WAVES, DGB etc... do your search on the forum and you will find the ones you want to invest in.
Pick 5 max, and put 3.x btc per coin.

Have fun.


Maybe... I was thinking about ANS, WAVES and XVG... DBG is a P&D coin. Not sure what ARK is. But I think I have enough alts... I'm not comfortable with alts, only with BTC. So I don't know if I wanna risk losing more BTC. BTC is most likely going to make my portfolio value grow... alts will depend on luck.

Sia alone will make you rich - once it hits 50 cents you're a millionaire.

I wish man. But 50cent Sia is $14billion market cap.... there is no way in hell it's going to $14B anytime soon.

I don't know if this is troll or no, you can easily live rich & luxury life in most of the countries.
Especially Eastern European countries, Poland, Ukraine, Greece, Turkey, Russia or South America like Brazil, Argentina etc.

Not in America... that's where I live.

sr. member
Activity: 910
Merit: 255
I don't know if this is troll or no, you can easily live rich & luxury life in most of the countries.
Especially Eastern European countries, Poland, Turkey, Russia or South America like Brazil, Argentina etc.

Not in turkey or russia. I lived in both of them and 200k usd is definetely not enough to live a luxury life.
You can only buy a moderate flat with 200k usd in cities like moscow - sankt petersburg - istanbul - izmir. And you would have to find a good job to keep living in these flats.
sr. member
Activity: 910
Merit: 255
It is pretty good money. If you move to another country like philippines, india or most post soviet countries you are rich  Grin
Anyway a nice portfolio. You are lucky you could buy cheap bitcoins before.
I prefer more altcoins less bitcoin for my investments. I gained most of my portfolio with altcoin trading not buying and keeping btc. Because i was late for buying bitcoins.
Good luck  Wink
sr. member
Activity: 549
Merit: 259
Blockchain with solar energy
I don't know if this is troll or no, you can easily live rich & luxury life in most of the countries.
Especially Eastern European countries, Poland, Ukraine, Greece, Turkey, Russia or South America like Brazil, Argentina etc.
full member
Activity: 196
Merit: 135
Sit back, relax, eat some nachos and have a drink.
Sia alone will make you rich - once it hits 50 cents you're a millionaire.
full member
Activity: 336
Merit: 101
Too much BTC in this wallet...

if you want to get rich, take 16 BTC of your wallet, and go for some ALTs.
ARK, WAVES, DGB etc... do your search on the forum and you will find the ones you want to invest in.
Pick 5 max, and put 3.x btc per coin.

Have fun.
full member
Activity: 616
Merit: 145
🚀🚀 ATHERO.IO 🚀🚀
oh well my friend, you're alredy rich AF in some countries  Wink
newbie
Activity: 28
Merit: 0
Your portfolio is nicely distributed. One can get rich easy but wealth its something different.
You must never quit following new trends.
 
legendary
Activity: 1330
Merit: 1000
dafar consulting
Holy, you have 66 BTC and also more than that in some altcoins. I agreed with people on above if i can say you already rich for now. Did you bought it when it was still cheap? Or you get those BTC from altcoin trading?

I bought most of it, only earned a few trading. I put $40K in BTC over 3 years from 2013-2015

Guyz.... when will I be rich?

what's your definition of "rich" ?

$10M+ net worth... or $5M liquid wealth... that's when you can comfortably retire.

For the purpose of this thread though... you can assume $1M, I'd be pretty happy if my crypto portfolio reaches that.

You have more than $200K in crypto and you are asking when will you be rich  Roll Eyes
Do you know most people can't earn $200K even if they work for 30 years?
I think you are just bragging  Tongue You are already rich.

Not sure if you're serious... $200K is pocket change these days in America. Definitely not enough to retire or consider yourself to be "rich" and I'm definitely not bragging. I want a LOT more than $200K
sr. member
Activity: 770
Merit: 254
You have more than $200K in crypto and you are asking when will you be rich  Roll Eyes
Do you know most people can't earn $200K even if they work for 30 years?
I think you are just bragging  Tongue You are already rich.
sr. member
Activity: 273
Merit: 252
Guyz.... when will I be rich?

what's your definition of "rich" ?
Pages:
Jump to: