Sold my house for buying altcoins need your help - page 15.

rebrik7

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Quote from: boltz on October 06, 2019, 03:25:20 PM

Quote from: moneytalks06 on October 01, 2019, 02:38:14 AM

this is my current investments. do u have any suggestion

20k$ = BNB
20k$ = ADA
20k$ = EOS
20k$ = XEM
20k$ = NEO
10k$ = XRP

You're bold and crazy on the same time but if 2 of them explode in price you just got yourself a mansion I guess hehe. Also investing into BNB I don't think was a good idea but the rest of them are okay on the long term run. Make sure you won't panic sell when the bull run will begin and also don't panic sell if they will drop in price even further. I will bookmark this post and come back 2 years from now to congrats you for this bold move.

It would be generally cool if the author created his own crypto portfolio on the site like block folio etc. And also showed addresses with coins that we knew for sure that all this was true.
Then the experiment could be called clean.

lab rat hoax

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Quote from: moneytalks06 on October 01, 2019, 02:38:14 AM

this is my current investments. do u have any suggestion

20k$ = BNB
20k$ = ADA
20k$ = EOS
20k$ = XEM
20k$ = NEO
10k$ = XRP

Your transaction is really risky, but I guess your timing isn't too bad. Because most of the altcoins in your portfolio have risen since October 1, 2019. I hope you will be profitable. But watch out, the danger has not yet passed in the market. Bad times for altcoins may come again you have to be careful for this.

Also the coins you buy are really very good quality, there is no reason why you should not be profitable in the long-term. I just said it was risky because you invested a lot of money and sold your house, So if things go bad you have a lot to lose, friend. be careful please!

adaseb

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Quote from: Masyudhi on October 07, 2019, 03:35:53 AM

In my opinion, your investment is good and you only need to observe every movement of the price of the coin to make your next decision or you can say to monitor the state of the coins you hold and to avoid failure or loss. Maybe I just suggest you to invest in BTC too, we know BTC is very good to invest and I think everyone will also prefer to invest in BTC.

His investment is not good. The smart people are basically doing the complete opposite, they bought BTC and alts back in 2016-2017 and they sold... to buy a house. This guy is doing the complete opposite and selling his house to buy BTC and alts.

You can't just say to "monitor the state of the coins and hold to avoid loss". Unless he bought some put options which is not possible for any coins except BTC and ETH. If one day the alts have a 20% red day, what will he do? Sell when it goes up 20%? What if it never goes up 20% ?

Sure its easy investing when your investment either stays at break-even or goes up. However what do you do if it starts to go against you?

boranes

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I usually listen to suggestions before investing, not after. What to say, reach your goal and sell.

Quote from: ?? on ??

Selling house for investment purposes is not a wise idea but you chose some great coins.

Main rule is invest money you can afford to lose, for some investors it is house which they can afford to lose Roll Eyes

odukoyaewatomi27

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In the event that you are not in a loss, I prescribe you to sell those and invest in just in Bitcoin. Try not to invest your money however Bitcoin at the present time, the market is exceptionally terrible and everything can go down at any minute. Some of them may vanish as a result of this steady dump, then again Bitcoin will stay more grounded even after the landfill.

you are selling your home, and I expect that is the main your fortune left. So I profoundly prescribe you to just buy Bitcoin and guard you.

it is extremely distressing in holding Altcoin and furthermore it is terrible for our wallet too at nowadays.

Sanitough

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Quote from: strickland on October 05, 2019, 11:50:47 PM

Quote from: ?? on ??

Quote from: moneytalks06 on October 01, 2019, 02:38:14 AM

this is my current investments. do u have any suggestion

20k$ = BNB
20k$ = ADA
20k$ = EOS
20k$ = XEM
20k$ = NEO
10k$ = XRP

Reserved.

Don't spam threads with reserving posts. Nobody has anything to repl to you with that.

Looks like in a scenario where he is applying for a campaign that wants to quickly applied, but, his that post by the was already edited. Grin

Masyudhi

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Quote from: moneytalks06 on October 01, 2019, 02:38:14 AM

this is my current investments. do u have any suggestion

20k$ = BNB
20k$ = ADA
20k$ = EOS
20k$ = XEM
20k$ = NEO
10k$ = XRP

In my opinion, your investment is good and you only need to observe every movement of the price of the coin to make your next decision or you can say to monitor the state of the coins you hold and to avoid failure or loss. Maybe I just suggest you to invest in BTC too, we know BTC is very good to invest and I think everyone will also prefer to invest in BTC.

cutesgirl

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Do you other income passive money sir without have your house? Did you think is too risk with your family because you want to sell your house and buy altcoin, but I am glad your interested with bitcoin and altcoin investment, but your source investment is not good for your future you want to sell your house.

posi

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Quote from: agentx44 on October 06, 2019, 04:03:24 PM

Quote from: moneytalks06 on October 01, 2019, 02:38:14 AM

this is my current investments. do u have any suggestion

20k$ = BNB
20k$ = ADA
20k$ = EOS
20k$ = XEM
20k$ = NEO
10k$ = XRP

That could be a strategic way, splitting the altcoins you are going to buy from the money you got from selling the house but also at the same time it is very risky. You should take some time and find some real good altcoins if you are already decided on your investment. You can also try on bitcoin right now and see if it will pay off later on.

Selling ones house in other to invest all the fund in altcoin is a lame strategic cause the altcoin market are highly manipulated and Bitcoin halving is around the corner which usually lead to a wonderful profit if invest in Bitcoin.
Note: i support the part of you selling your house cause investing the amount ones can't afford in any investment settings is not advisable

agentx44

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Quote from: moneytalks06 on October 01, 2019, 02:38:14 AM

this is my current investments. do u have any suggestion

20k$ = BNB
20k$ = ADA
20k$ = EOS
20k$ = XEM
20k$ = NEO
10k$ = XRP

That could be a strategic way, splitting the altcoins you are going to buy from the money you got from selling the house but also at the same time it is very risky. You should take some time and find some real good altcoins if you are already decided on your investment. You can also try on bitcoin right now and see if it will pay off later on.

adaseb

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This isn't the first time to find someone who sold their house and bought cryptos.

I remember back in the 2014 bear market someone sold their house and bought BTC at $500 a coin and had it eventually reach $150 at one point. Surprisingly the guy never took the loss and went into profit in 2015, I don't remember his nickname but he is super rich right now.

Then in 2017 some guy sold his house and his family started to live in an RV. He bought BTC at $3000 or so and hopefully took profit when it hit $20000. Eventually the risk paid off.

Selling a house to buy alts however is pretty crazy I must say.

malekbaba

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Quote from: moneytalks06 on October 01, 2019, 02:38:14 AM

this is my current investments. do u have any suggestion

20k$ = BNB
20k$ = ADA
20k$ = EOS
20k$ = XEM
20k$ = NEO
10k$ = XRP

Many men, many minds. Please do your own research and never depend on anybody in case of money. And in crypto, you are all alone. You already have invested $110k and now you are asking for help! If I were you, I would seek some suggestions before I made my investment. I think you already have made your mind and invested hell lot of money. NEO, XRP and BNB are giants. But I prefer btc above all. BTC is king and more stable than alts. But no risk no gain and you have taken risks, hope you will make good profits out of it.

spadormie

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I want you to know that bitcoin halving will happen next year. Only 200+ days left before it happens. This is why I highly suggest that you should buy bitcoin so that you can earn a lot by the time comes. Selling your house is a bold move yet not a wise one. I hope you're not homeless lol.

boltz

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Quote from: moneytalks06 on October 01, 2019, 02:38:14 AM

this is my current investments. do u have any suggestion

20k$ = BNB
20k$ = ADA
20k$ = EOS
20k$ = XEM
20k$ = NEO
10k$ = XRP

You're bold and crazy on the same time but if 2 of them explode in price you just got yourself a mansion I guess hehe. Also investing into BNB I don't think was a good idea but the rest of them are okay on the long term run. Make sure you won't panic sell when the bull run will begin and also don't panic sell if they will drop in price even further. I will bookmark this post and come back 2 years from now to congrats you for this bold move.

JuliaJi

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You made good investment, BUT no matter - if market will continue to fall down, every investment could lose! Waiting for good and green market! I have investments too

Brunus

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Diversification is good, so there is some chance that at least one of the coins will sketch upwards.
I wish you great luck, because such a risk deserves to be rewarded.

r1a2y3m4

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Could you please put some of your funds for bitcoin? Bitcoin halving is near and it would be a good opportunity to buy bitcoin at low price.

To where are you living now? I can't believe that you literally sold your house for investments in cryptocurrency. Although this might be a good idea once the market blooms. But, what if the risk you took could not bloom as you are expecting?

Christinebeauty

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But how could you take such a huge risk. Selling a whole house to invest in this volatile business is way too risky. What if you wake up tomorrow and your Wallet has been hacked. Never in your life invest in crypto with any amount more than you can afford to lose

hashman

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Quote from: Kvalentine on October 06, 2019, 03:06:02 AM

It would have been better if you invested all the money on bitcoin, you will get your result in a short term, since you invested in altcoin the bad news is you may have to wait for years before you make good gains and the good news is the selected coins on your lists will bring you better profits because they are popular coins

Bitcoin is one of the best investment at crypto. But it is not the only option. As diversity is important at crypto investment it would be wise if add some strong coins with strong project near BTC.
TOP10 ranked coin is OK for determining strong project (except LTC as it even have no whitepaper).
What I can recommend is Binance Coin and ETH.
For sure ETH price will up as a result of ETH 2.0. At the beginning of January 2020, we may speak 400-500 USD band range about ETH.
And many people things that BNB will take place of it ETH. It does not mean that BNB is ETH killer but will catch ETH sooner or later. When compare supply of two coins, it is possible both of them may meet at the same price levels.
At the moment BNB is around 15 USD and ETH is 175 USD. There is a very big potential for BNB when we compare the prices of both coins if BNB will take place of ETH.

poornamelessme

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Quote from: The Cryptologist on October 06, 2019, 12:21:17 AM

Quote from: moneytalks06 on October 01, 2019, 02:38:14 AM

this is my current investments. do u have any suggestion

20k$ = BNB
20k$ = ADA
20k$ = EOS
20k$ = XEM
20k$ = NEO
10k$ = XRP

OMG OP, what have you done? Those coins are not moving significantly in the last 2 years except BNB. But I think BNB's fame has gone over because IEOs are now busted and CZ's pump machine does not have enough power to make investors believe that there is still profit or magic in investing non-sense hyped tokens. You better find a job and just forget about it and perhaps that in the next 2-3 years, the crypto market will be much more friendly to us and the best you can get is recover all you funds to get your house back.

And responses like that are probably why the OP posted what he did. Based on the OP's earlier posts, it's unlikely he actually sold his house, but he is getting a rise out of some people.

And like similar posts years ago, it'd be kind of funny if those exact coins skyrocket over the next couple of months. I don't expect it, but stranger things have happened in crypto-land. Personally I'd go more with BTC, but what do I know ... nobody knows where the markets will lead. Out of those alts I'm kind of partial to ADA (although I don't currently hold any), but they code at a slug's pace, so it may be like 2030 before they have a working product (exaggeration, but maybe not that big an exaggeration).

Topic: Sold my house for buying altcoins need your help - page 15. (Read 4875 times)