Sold my house for buying altcoins need your help - page 5.

Silberman

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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 definitely need our help but probably not in the way that you imagine, first of all it is a bad idea to reveal how much money you have invested in each one of those coins, because the money that you invested is not small and you could become the target of hackers, it is way better to describe the amount of money that you invested in terms of percentage, and the second problem is that you want our suggestions which means that you're not really sure about what you did and that is a huge problem if you are an investor.

onyek16M

sr. member

Activity: 812

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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

its crazy to heard, sell your house just to invest in the crypto. you have to know that is high risk for you
You can Buy XEM for 25% then Ethereum 25% and the most profitable than altcoin is bitcoin, you can buy bitcoin in 50% because bitcoin more promising than altcoin, bitcoin price more often rises than altcoin, the last i look altcoin price tend to stable

Mighty_crypt

member

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Merit: 21

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

if I were you I will get rid of XEM and ADA, they will be replaced by BCH and BTC, I believe BCH can bring huge reward in near future, they have very capable team and BTC is the best coin for long term hold

Chainsmokers

sr. member

Activity: 1372

Merit: 252

Quote from: ChrisPop on October 01, 2019, 02:08:49 AM

If you sold your house and that was your single residence then sell those altcoins back and get your money in some hard assets. Crypto is risky if you are in fragile financial situation. And if you really want to put your money into crypto then you should definitely allocate the most % of your portfolio to Bitcoin. Please note that I am not a financial advisor so I'm not in the position to give you advices. This is just how I would proceed if I were in the presented situation.

It is true that we must see and regulate how our financial condition. And if we sell the house that is the only place we live, I don't think it is the right decision or a very risky decision if what you do in the future does not match what you expect, you may lose your place of residence due to experience losses with investments that you make and it is better to invest in cryptocurrency with some money and not make your residence as capital to be used to invest in cryptocurrency.

Sanitough

hero member

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Merit: 674

Quote from: kak uli on December 07, 2019, 01:12:00 PM

because the price of Ethereum is now at $ 149, and I am very sure if the price of ethereum in the future will reach $ 500 early next year..

you are really that confident man,.. what if ETH will drop below $100 next year, are you ready with that possibility?

Well, I like to always think positive but as much as I possible I also like to stay realistic, if I may ask, what would trigger ETH to rise $500 next year because you are too sure with that?

kak uli

full member

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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

i think You have chosen the right investment option in my opinion, because the altcoins you have chosen such as BNB, ADA, EOS, XRP, NEO are altcoins that have the potential to grow up in the future.. but my advice for now is better you also buy some Ethereum as your investment, because the price of Ethereum is now at $ 149, and I am very sure if the price of ethereum in the future will reach $ 500 early next year..

gabmen

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Quote from: Saisher on November 29, 2019, 11:12:50 AM

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

All of us here will suggest that you invest in the top 5 coins in the market, but you have done the opposite and this is very intriguing, Bitcoin is going to have a halving, and Ethereum is going to be POS and Justin Sun is making headlines again and they are lot of updates on Tron.

the addition of bitcoin and ethereum is the best thing for now. cus currently bitcoin and ethereum are at a low enough price, you can stock a large amount of bitcoin and ethereum. in that portfolio, I will likely replace XRP. seeing its development from the past until now, makes me think that this coin will not develop quickly in the coming year.

Who knows? Ripple is probably the most different among these coins being centralized in nature. A lot of coins have remained stagnant for a long time but had their own good runs. I don't think it's the end for xrp. Though that takes a lot of guts to do what this guy just did. I mean, if these coins don't moon in a few years and instead drops to new lows, i can't imagine the panic that he, and his family probably, would feel. It's not a very sensible gamble if you ask me.

cryptoadept

newbie

Activity: 15

Merit: 0

Bold decision, mate, but fortune favors the boldest Wink

Can't say I did the same, but majority of my investment is in VEO

starblocks

hero member

Activity: 1344

Merit: 502

You should always have some of your portfolio comprised of Bitcoin because its the leading asset, and make sure you avoid any tokens that might be considered securities in the future or have issues with the SEC as these will not be viable long term investments

zulfi125

full member

Activity: 1382

Merit: 105

your portfolio of investment is good but I suggest you should sell out XEM and buy BTC for 20k and ADA should also sell out and buy XRP more because you should also hold BTC that will be a more profitable long time and also XRP news will reach at $1.

seleme

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Duelbits.com

Quote from: Saisher on November 29, 2019, 11:12:50 AM

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

All of us here will suggest that you invest in the top 5 coins in the market, but you have done the opposite and this is very intriguing, Bitcoin is going to have a halving, and Ethereum is going to be POS and Justin Sun is making headlines again and they are lot of updates on Tron.

Investing in the top altcoins also carry risk, the less reward is also expected due to the risk/reward ratio. Instead of risking the house money on low marketcap altcoins, having a altcoin portfolio with promising projects looks a better investment choice. BTW, I never agree with the investors who took a loan from a bank or sold something valuable just for investing in the cryptocurrencies.

cutesgirl

sr. member

Activity: 938

Merit: 251

Sell your house but keep investing with ethereum only, never trusted with other coin if you have take big risk by selling your house. Keep get much profit what have you sell for investing with crypto because only ethereum can bring back your double house later, ethereum look very good coin for investing because price keep stable on higher with bitcoin keep the top price ethereum will always under bitcoin on coim market position.

Saisher

full member

Activity: 2324

Merit: 175

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

All of us here will suggest that you invest in the top 5 coins in the market, but you have done the opposite and this is very intriguing, Bitcoin is going to have a halving, and Ethereum is going to be POS and Justin Sun is making headlines again and they are lot of updates on Tron.

BChydro

hero member

Activity: 1426

Merit: 506

Quote from: soramon on November 24, 2019, 12:34:10 PM

Yeah you really need a help after makes the critical decision. I have no idea what motivate you to sell your house and investing on altcoins. But i will give you a suggestion, i think you should think back what you did. The crypto space is too risky and if you dont have a job you will suffer for sure.

There is no point in thinking back as the market went down further form the situation and he invested in all the alts in the market and avoided bitcoin which was a bad move in my opinion, the fact that the market is not that great for the past few years makes me think twice about investing in alt coins further, i am not risking any investment in the rest of the market other than bitcoin.

tiang_tower

full member

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Quote from: VDraci on November 29, 2019, 05:14:01 AM

Stop judging altcoins based on their present condition, i don't know what is wrong with people of nowadays, they only want what is good and they hate the sight of what is bad, good things can not exist without bad things, this is reality, grow up people

That's right, I totally agree with what you say, because I'm also a little surprised why many people judge altcoin when altcoin crashes, even though it's very clear that all the best always starts with the bad, because without growth from the bottom up, the good we cannot see.

miningguru

full member

Activity: 1134

Merit: 103

Quote from: VDraci on November 29, 2019, 05:14:01 AM

Quote from: dcomomal on November 24, 2019, 12:11:41 PM

The worst decision, you can make at the moment is to invest in altcoins. Just look at the market, with no sign of recovery, they are just dying off. Invest in Bitcoin and you would be able to multiply your earnings instead of losing them.

Stop judging altcoins based on their present condition, i don't know what is wrong with people of nowadays, they only want what is good and they hate the sight of what is bad, good things can not exist without bad things, this is reality, grow up people

You are right, altcoin prices are decreasing the basis of the price of Bitcoin because we are seeing a huge fluctuation in the market. We should think positively and it will help us to hold them in the long term, so don't just them by seeing the current situation which we need to hold them in the long term and it will surely help us to increase the value of those coins.

kesmex

full member

Activity: 1110

Merit: 104

Quote from: Faxmate on November 28, 2019, 11:43:53 PM

Quote from: Mia44 on November 24, 2019, 07:31:12 AM

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

I have more suggestion for you:
1. ATOM : is gonna x10 on about 2 more years, you should choose it to invest some
2. XLM : This coin is going to burn more token, so you can choose it to invest some
3. Nano : This is the best time to buy it because their devs is gonna make some good thing about it

Even if he accumulates all these coins still he wont hit the profits planned. The reason is very simple, none of them can produce good profits. Other than BNB and NEO, all are weaklings. Instead of increasing the list, it would be more beneficial to invest in one or two coins at most. The first choice must be bitcoin and then comes ethereum or bitcoin cash. This will make him rich certainly.

I don't think Bitcoin Cash should be on the list, BCH has a lot of negative rumors approaching it and as if this project isn't serious,
and if I look at your investment list it seems like it's too bold to put all the money in the world of crypto currencies. really very risky in my opinion

VDraci

member

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Quote from: dcomomal on November 24, 2019, 12:11:41 PM

The worst decision, you can make at the moment is to invest in altcoins. Just look at the market, with no sign of recovery, they are just dying off. Invest in Bitcoin and you would be able to multiply your earnings instead of losing them.

Stop judging altcoins based on their present condition, i don't know what is wrong with people of nowadays, they only want what is good and they hate the sight of what is bad, good things can not exist without bad things, this is reality, grow up people

Faxmate

sr. member

Activity: 1071

Merit: 253

Quote from: Mia44 on November 24, 2019, 07:31:12 AM

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

I have more suggestion for you:
1. ATOM : is gonna x10 on about 2 more years, you should choose it to invest some
2. XLM : This coin is going to burn more token, so you can choose it to invest some
3. Nano : This is the best time to buy it because their devs is gonna make some good thing about it

Even if he accumulates all these coins still he wont hit the profits planned. The reason is very simple, none of them can produce good profits. Other than BNB and NEO, all are weaklings. Instead of increasing the list, it would be more beneficial to invest in one or two coins at most. The first choice must be bitcoin and then comes ethereum or bitcoin cash. This will make him rich certainly.

niisarearning

sr. member

Activity: 910

Merit: 252

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

There is some coins giving dividend and rewards . like KCS kucoin shares token is giving some tokens based on revenue sharing model you will get some tokens by keeping KCS token in Kucoin exchange or by following the tutrial for your ether wallet . IOST is giving pool reward by keeping coins in Biss.com you can find more information in respective exchanges . Both are good revenue sharing coins . Also SXDT and Dropil are good still its trading in lowest price you can accumulate . Please do your own research before investing .

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