Sold my house for buying altcoins need your help - page 25.

coin-investor

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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

Surprised that you did not include the Bitcoin and Ethereum to your portfolio they are the top two coins in the market and these two dominate the market with Bitcoin enjoying 68% dominance and Ethereum 8%,.
These coins also have a future but not the same future that the top coin in the market holds, goodluck to your investment as long as you are comfortable on it and you made your final decision.

Onika84

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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

A very brave decision, and seemed a little 'crazy'. No doubt that the coins you chose are all good for long-term investments. How about stellar, or Matic? But, good luck with your decision.

Text

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Did you really sold your house or you just want us to care for your investments? I hope you have another house aside from the house that you sold cause if not, that's the worst decision you made in your life. Did you imagine being homeless before investing? You are not ready and prepared. Another mistake is you didn't buy Bitcoin and ETH on your investment. For me, it might be 50% BTC / 40% ETH / 10% alt coins. Anyway, I am wishing all the best and luck.

tiang_tower

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You invest in good altcoins, but in investing you don't have to sell houses, then buy altcoins for investment, because in my opinion it's an unnatural thing to do, because every investment has risks that we have to bear, even though we invest in good altcoins, but a guarantee for success is not necessarily there.

NeuroticFish

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First of all I don't believe OP has sold a house and bought altcoins with that money. I expect that people who can do such transactions will spend time on Bitcointalk.
Also in march 2018 he wrote that his life savings were 28k$, then later wrote that "I have now got 0".
That's much less than this alleged investment. So he's trolling.

Now, investing into altcoins may be good because they are low now and there's a chance (but not a guarantee) that they'll rise again in the near future. And altcoin investments, if done correctly, although much riskier than Bitcoin, can give much bigger results too. But since the risk is so big to lose (almost) everything, one should invest only what he affords to lose and clearly not sell a house for that.

Little_king

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staying on btc now is key as every coin is at bear stage which will reduce the value of your worth but can also stay on usd fr better save and enter with btc surge to be able to get more worth of alts as the market will always react to btc move thru alts dump .

Bagani

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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

Nice, risky decision but I like it. Even CZ did this kind of thing way back when he started. Much better to hold bitcoins first before you hold some altcoins and now is the right time to buy. At least 20% of your portfolio in bitcoin then 80% to diversify in altcoins that you like. I think you should grab some ETH, RVN and pick new altcoins that are very undervalued.

envatoleaks

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Crazy, but I like you! Grin

Better to invest in BTC. Imagine, BTC goes up, and all of above mentioned ALTs remain on same level in terms of $, but they decrease in Satoshi.

taufik123

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why don't you buy ETH and Bitcoin. currently the best way to invest is to buy ETH and Bitcoin at the lowest price. You made a big mistake by selling a house just to make an investment in altcoin. But that's your choice, you have the calculation for it.

for now you have to be patient and invest well. Long term the best choice and continue to monitor the altcoin you buy. Don't waste your money for nothing.

HatakeKakashi

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I know that you really want to invest to altcoins now but selling a house or any property that you have is not a good Idea unless you have other house because I read before they sold their house to invest to crypto even they don't have other house and the status they have now they rent only. But because you already sold it just make sure you use to pptential altcoins and base on what I see that you want to invest is most of them are potential just make sure you also have ethereum.

Seghokendil

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Am I one like the OP did, make a crazy decision?
I sell vehicles to buy crypto, but I'm also not that stupid. I sell motorbikes to buy bitcoin and not with altcoin. on the other hand I still have 1 more vehicle and therefore I dare to take this crazy decision Cheesy

Itsmylife

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Are you crazy? Have you ever think about your future when to be a homeless?
Buying altcoins is the way to help you be rich fastest, but it is also the fastest way to send you to hell.
Anyways, buy bitcoin with 60% balance, eth with 20% balance and 20% to buy altcoin. this is my advice for you.

Herbert2020

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i can't really decide if you are trolling us or you were actually that crazy to do something like this!
but if you really did it, i have to say you've made the biggest mistake of your life. you are in for a world of pain in your future, both short term and long term as you will continue watching your money melt away. and best case scenario is a lot of volatility which could give you a heart attack while you no longer have a house !!!

i'm just going to complete your list with more values and put it here for future references:

20k$ = BNB -> $16.28 -> 1,228 BNB
20k$ = ADA -> $0.039 -> 512,820 ADA
20k$ = EOS -> $3.09 -> 6,472 EOS
20k$ = XEM -> $0.042 -> 476,190 XEM
20k$ = NEO -> $7.95 -> 2,515 NEO
10k$ = XRP -> $0.26 -> 38,461 XRP

and most interesting case for future reference is this big IF about if you never wasted your money on shitcoins and bought bitcoin instead:
$110k = BTC -> $7800 -> 14.10256410 BTC

see you in the near future Wink

asriloni

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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

it's better for you to put bitcoin as your main portfolios and spent at least more than 40%.
XRP has so many premined coin that is not yet distributed to the market and it has a big chance to be dumped by the team that hold the pre-mined coin. It's not a good idea to buy ripple.
I will choose BNB and ADA as the best choices in this list consider about it has no a lot of premined coins and inflation.

You can put the rest to the bitcoin that gives more guarantee for your portfolios or try to search a platform which has already created a fully working product.
Remember blockchain is not having the utility usage.

Xardasim

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Quote from: J1mb0 on October 01, 2019, 02:46:05 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

I think you should spend a part to buy Bitcoin, 30% for Bitcoin and 70% for the remaining altcoins.

Altcoins' prices getting worse every day, it shows that the investment in BTC should be increased. Imagine that you invested only a few months ago in altcoins, would you like to see today's scenery? I do not think any of us would. That is why I agree with you. It is best to diversify the money among you want to deposit, after analyzing the market.

joshv06

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This seems to be a risky move mate, selling home to buy some asset is not appreciated at all because in crypto you have to hodl your coins in long term you cannot make some good profit in a real quick time here, apart from that BTC is key for investment. Selling property for this is not appreciated at all, anyhow you need to wait once after the investment is done and try buying BTC as this is a precious gem in crypto investment.

DevilSlayer

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You should consider the potential reward and the risk before you sold your house just to invest your money in altcoins. Just because the altcoins that you buy is popular, it doesn't mean that you can ensure that you can earn profit.

Ss4sukE

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I don't see a bitcoin list in your thread, why don't you include this option? Are you more concerned with altcoin than bitcoin, plus you sell a house and choose to invest in altcoin? It seems like you are overdoing it in making policies in the crypto industry, in my opinion you have made a fatal decision for not investing in bitcoin. please reconsider your decision

Denlon

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You are crazy... 60% this altcoins its scam!!!

DaMut

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If you are not in a loss, I recommend you to liquidate all of those and invest in only in Bitcoin. Do not invest your money but Bitcoin right now, the market is very bad and everything can go down at any moment. Some of them might disappear because of this constant dump, on the other hand Bitcoin will remain stronger even after the dump.
you are selling your house, and I assume that is the only your fortune left. So I highly recommend you to only buy Bitcoin and keep you safe.
it is very stressful in holding Altcoin and also it is very bad for our wallet too at these days.

Topic: Sold my house for buying altcoins need your help - page 25. (Read 4875 times)