Sold my house for buying altcoins need your help - page 4.

julius caesar

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

this is my current investments. do u have any suggestion

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

You can try to invest some of your money to bitcoin also because we all know that even though the price of bitcoin is going up or down, its price is easy to recover as time goes by so I would suggest that invest some of your money into it. Also, you can try the ETH and Ripple because they are the most trusted coins as of now based on the ranking system of the market.

Adreman23

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Very risky move to sell house and invest his money to altcoins, anyway I think he must include bitcoin and ethereum to his portfolio. These two giant coin will give him huge profits once bull run start. I dont understand why he did not include bitcoin and ethereum. But i wish him luck for his investment of his choosen altcoins hope he can buy mansion in the future.

g4r1n1m

full member

Activity: 238

Merit: 104

I really wonder what kind of portfolio this guy managed to make with his money
really risky move to sell the house
but not always a bad idea
if he makes fast money and buys 3 houses, no one can say that it was a bad idea
best investors took risks on the beginning of their ways

dimox

legendary

Activity: 1610

Merit: 1003

selling house to buy altcoin is really bad decision. actually you can borrow in bank if you think you can get profit. and if it happen, you must spend your big portion to bitcoin, because it have big chance to give you more profit than altcoin

Adriano2010

hero member

Activity: 1414

Merit: 516

I think is not the best decision you had made, you never should do it, you should try to buy them from part of your income and not high risk and also you buy only altcoins which is not the best decission, if possible you should buy a new house soon and if you have some profit from the time you buy the altcoins then sell now and buy a house and see after if you have enough to buy some coins. Crypto is not a quick rich scheme.

gedarchitect

newbie

Activity: 28

Merit: 1

Selling your house to buy altcoins is the worst advice so far on the planet. Please desist from taking such advice again. Selling your house and buying altcoins is very risky because cryptocurrency is highly volatile. My advice to you is to sell when you make profits on those altcoins you buy and divert it to offline assets like the house you just sold.

SolarWindMiningCompany

hero member

Activity: 966

Merit: 502

Quote from: ACTrend on December 13, 2019, 12:04:46 PM

Hey. A bold move. I wouldn’t dare to do that. But if I were in your place I would buy only Bitcoin. And maybe real gold is a bit. I wouldn’t invest such money in any altcoins. Good luck with your plan. Wink

It's quite a bold move. People really do daring things and go unimaginable lengths for what they believe in. I hope it turns out well for Op just as it turned out well for CZ who sold his house to buy Bitcoin and later opened an exchange worth billion dollar with some of the proceeds

JahriMeayer

sr. member

Activity: 1115

Merit: 253

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In my opinion, you should do some research before investing in the coin because of all the coins you hodl, not all will last until the future, so you have to research the coins first. I don't have a good coin recommendation because I'm just a day trader

Silberman

legendary

Activity: 2716

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Quote from: ?? on ??

What the hell did you just do? You just sold one of your most needed asset and you converted it to crypto coins. I wonder how's your life right now though judging that it was like 2 months since you posted this.
If you're still there and rolling, put majority of your fiat money to Bitcoin then for altcoins just go from top 1 in CMC going downwards. I hope you're doing well after you sold your house though.

I hope for the same as well but it is really difficult for me to believe that someone that does something as drastic as selling his home just to buy and to speculate with altcoins is going to do well, the price of bitcoin is very close to 7000 if we get a closing price below that level it is completely possible that we could see another small crash and if that happens altcoins are going to crash as well and he could easily lose 20% or even 30% of his capital in just a few days.

curly228

member

Activity: 322

Merit: 10

i think you can sold 50% of all your altcoins and buy BTC, cuz altcoins dying every day, but BTC more or less stability

RussiaUkraineTranslation

jr. member

Activity: 224

Merit: 1

If you have BNB you should consider ecxx token.

Blackdeath

sr. member

Activity: 910

Merit: 261

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Quote from: ACTrend on December 13, 2019, 12:04:46 PM

Hey. A bold move. I wouldn’t dare to do that. But if I were in your place I would buy only Bitcoin. And maybe real gold is a bit. I wouldn’t invest such money in any altcoins. Good luck with your plan. Wink

It's really funny to know that there are kinds of people, once they started to know about crypto, they will start to do everything just to buy them, that is why selling a house is a very bad idea just to buy altcoins because once the prices of your altcoins decreases you will start to experience losses and it will take long for you to gain all it back.

ACTrend

full member

Activity: 742

Merit: 100

Hey. A bold move. I wouldn’t dare to do that. But if I were in your place I would buy only Bitcoin. And maybe real gold is a bit. I wouldn’t invest such money in any altcoins. Good luck with your plan. Wink

CristianOff

member

Activity: 421

Merit: 97

Good luck my friend
God bless people who are crazy enough to take risks. As Steve Jobs said in his Apple advertisement,
"This one is for the crazy ones. You can love them or hate them, but one thing for sure is you cannot ignore them"

The number of comments on this post is a proof of that. I really hope you will be blessed and earn big from this

tianglistrik

sr. member

Activity: 626

Merit: 250

Quote from: crisanto01 on December 13, 2019, 11:36:57 AM

Quote from: cryp24x on December 13, 2019, 07:17:25 AM

I will not really give bad comment on this. Though selling your house would be the craziest thing to do especially now that some altcoins really don't seem doing good. What I want to do os to wish you goodluck on your decision and may it really succeed. I have watched someone who did same decision and he got rich. I hope you will too.

I thought that this kind of thing can't be done by a normal person or that they are just saying it for the sake of posting, but in reality I have known a lot of my friends and crypto friends who are really investing a lot because of too hype with the price, with the possible price that they can earn, so they are really investing a lot not because it is a good project, but because they are hoping it will happen.

hype can indeed make people do things out of their minds, sometimes their reasons are because they want to benefit quickly so they do everything they can to get great results. I think this is bad because they are mentally disturbed, because things that benefit quickly can certainly not have a long life for the project

crisanto01

sr. member

Activity: 644

Merit: 253

Quote from: cryp24x on December 13, 2019, 07:17:25 AM

I will not really give bad comment on this. Though selling your house would be the craziest thing to do especially now that some altcoins really don't seem doing good. What I want to do os to wish you goodluck on your decision and may it really succeed. I have watched someone who did same decision and he got rich. I hope you will too.

I thought that this kind of thing can't be done by a normal person or that they are just saying it for the sake of posting, but in reality I have known a lot of my friends and crypto friends who are really investing a lot because of too hype with the price, with the possible price that they can earn, so they are really investing a lot not because it is a good project, but because they are hoping it will happen.

cryp24x

sr. member

Activity: 1190

Merit: 253

I will not really give bad comment on this. Though selling your house would be the craziest thing to do especially now that some altcoins really don't seem doing good. What I want to do os to wish you goodluck on your decision and may it really succeed. I have watched someone who did same decision and he got rich. I hope you will too.

Sadlife

sr. member

Activity: 1400

Merit: 269

You should have thought this through mate i mean was the investment worth it ? in exchange for your house for god knows those altcoins might dump this year because of the bitcoin's possible bullrun or you should just wait for confirmation for a buy signal in altcoins cause you might bought in their all time highs. Well, atleast you've bought popular coins atleast you wouldn't worry in losing money, you just have to wait who knows how long.

Annisa_crypto

member

Activity: 128

Merit: 13

I think your decision is very risky. If you really want to invest in altcoins then don't put all your money in this. First, try to put some small amount for investment then at least you will not lose more money and the most important thing as this market is so much volatile so you never know when the price will go up or down. So before taking any decision do the market research fully and then buy.

Jamalkm74

jr. member

Activity: 58

Merit: 1

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I Think BNB is the best option for invest and also you can invest in LTC, In future ltc going to high and Higher price in my opinion.Your right decision is big future for again buy your house.

Topic: Sold my house for buying altcoins need your help - page 4. (Read 4906 times)