Topic: Need advice on $100k investment - page 3. (Read 1913 times)

Yes, i have also seen the post predicting Syscoin (the guy has some spot on predictions as you said). I have also invested some in Syscoin.

Regarding converting, large amounts will most likely make some price rise/drop when you buy/sell them. It is easy to convert (just one exchange), but if you suddenly sell $10 000 worth of Waves, the price might drop a little bit. But it all depends on that current market.

Converting is easy, only issue are the little price differences that might occur. For example if you want to sell 500 waves for 5$ each. There might be a buyer buying 20 waves for 5$ each, then a buyer with an order of 130 waves for 4.98$ each and so on. So you will not be able to sell them all for 5$ (that is if you want to sell them at once, fast).

I wrote a few  replies to a few posters  but they're now lost somewhere in Drafts which I can't seem to find?

I can survive a few years. I still have an ok business which will  sustain me. I saw a poster  say don't invest in btc but to me that's by far the safest bet out there.  It's the Coca Cola of digital currency. Most people that  know about digital currency conflate  bitcoin/digital currency.   That  is a very very strong case for btc.... My initial plan was 70 k, or 60 k into btc then  the rest into at most 3 others coins at 1 time.  I was thinking IOTA and sia though Waves has a lot of believers. I'm seriously considering a few k into syscoin then if that went up significantly I would just convert it back into btc. I  really see btc    growing and growing though who knows.  If Waves and a few others could be strong long term I'd put a nice amount into them but but not as much   as btc/eth investment

some people had same idea... but in my humble opinion it is just stupid. You will gain on one coin and loose on three others in same time.


OP:
It's all about how much risk you are willing to take and for how long your invesment is going to be.
This is very crucial.

If you do not need money, and those are spare which can lay down for couple of years go Bitcoin/Litecoin/Monero
If you want quick profit and like to gamble, go for starting rockets, they can fail they can win ... it's gamble.

I had invested in bitcoin/litecoin in 2013, hodled till 2017, 2017 is trading year (mostly thanks to "free" BCH money I've got) now I'm out of bitcoin for while, cos I was able to gain much more percentage profits somewhere else, but I'll be rebuying btc for sure again (I dont really care if price is 4.7 or 5.2 as other coins gained much more profit in the meantime)

Forum is good place to gain some feelings, but not really good place to gain money advices

That is a huge money you are planning to invest. Bitcoin is the most secure and safe if you want to be assured that your huge investment will surely earn and not acquire losses instead. But if you really want to try invest into alts I would assure you that you choose the top 10. The ones that are trusted by big investors and companies because these are the ones that will last longer and will become more solid as time passes by. It is prudent if you will make your own research as to what are these though. I might be wrong if I name some specific coins.  

A lot of money . You need to get professional help ? Good luck .

I wouldn't bet on bitcoin or litecoin

thank you!! that's kind of what I was looking for.  I'm  thinking  maybe even 65/35 or 60/40 but a little averse to 40%. There's a poster i here that has been spot on with his predictions so I'm considering syscoin.  Waves seems to be very big here as well.  Will it be difficult to convert a coin such as waves back into btc if needed?  I hope I don't sound too paranoid. I've had no issues so far with any of the btc exchanges I've been on

I would personally split it %50 and %50 first.
%50 goes directly to bitcoin, ethereum, litecoin, monero, dash and nem. their rates may change.
I would split other %50 as well, 30 - 20
% 20 would go to ICOs, very speculative coins.
other %30 would go to Waves, NEO, Stratis, Factom, Lisk, Zcash, Doge, Ardor.. so its very wide range altcoin investment.

It would finally be something like 40 coins + 5-10 ICOs.

If I would have 100K I would invest 1000$ in every top 100 (on dip)

Regarding your investment question, i would say go like this. Split investment 70/30 into "known" coins and potential known coins. Like 70% of your investment into the ones you think are here to stay (Bitcoin, Etherium, Litecoin,...) and the 30% would go to other great coins like NEO, Stratis, Lisk, Waves, Monero,...


You could split your investment even more (50%, 30%, 20%), and invest in even lower ranked coins (that could yield higher profits). I recommend checking on https://coinmarketcap.com .
So you can invest some % in coins with market cap < 5, some % in coins with market cap < 20 and some lottery coins with market cap up to 100 if you wish.

Hello, this is my first post but have been reading a while. I registered because there a few users who really seem to know what they're talking about.

I have a lot of questions  so  please have patience

I'm going to be investing around $100k into a few  coins. I don't understand the logic of investing in 15-20 coins and investing solely in 1 coin seems a bit risky. My first question   is  regarding the big stable coins.. I  want to invest at least half of the $100k into   a coin such as btc, eth, ltc

Out of the the big coins, which would you recommend  as the best  bet over the long run? My definition of long term is  3 years minimum. I feel very safe investing into btc but if the consensus is eth or ltc  I'll take that into consideration. A mix of 2 of them is also something I'm considering

Now to the altcoins.  I'll likely be  starting  investing  in some altcoins  within a week or 2.

Which altcoins are you guys really really  hopeful of?  I'd like to divide this into 2 cases.

Altcoins which will be a boom in the   long run and should hold.

altcoins which will see a huge boom  within a few months/days/weeks  to a year  which  then might dip or crash. I'd get  out of these coins during the pump and buy more  btc/eth etc   then  repeat the process.

I have another   questioning regarding withdrawals and trading. I'm currently in the United States and there's a lot of restrictions it seems. I'm cut off from many markets. Can I accomplish most of this while residing in the States or  would it to be beneficial to get a residency permit in a place such as Curacao or the Netherlands?

Finally, let's say I make a very large profit and attempt to withdraw  into a bank account or   into another wallet, should that nott be an issue? Which exchanges   should I be looking at? I'm currently using Bitstamp  mainly but now have an account on Bitfinex.   Fantastic board here