Sold my house for buying altcoins need your help - page 7.

BitTraderCute

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Quote from: ttcsalam on November 24, 2019, 07:11:20 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 need some Bitcoin and some Ethereum in your wallet. Some investors like you need Altair Coin Market to operate. Those who have the ability to invest.

i think if we have small amount investment, we should buy cheap coins our portofolio. and some coins mentioned above suitable with our capital. if we buy coins with less money we should pick coins that have price below $ 0,5 . so we get alot of coins and when it price our profits bigger than coins that have expensive price, for example bitcoin or ethereum. if we used only $20 in bitcoin , maybe we only get 0,xxxxx bitcoin . i am sure we could not maximize our profits if we pick wrong strategy like this.

nomenclatur

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cryptocurrency too risky you must accept the risk of loss you have to think long to sell your home for altcoins as BNB, ADA, EOS, XEM, NEO, and XRP I myself also sell the farm in order altcoin buy XRP in years 2017 I guess XRP will break $ 20 but prices continue to fall today XRP I think all the decisions to you.

StephenJH

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No more Rekt and Bust

Quote from: barnes13 on November 24, 2019, 07:54:56 AM

Quote from: Kvalentine on November 24, 2019, 02:48:26 AM

I can actually take the same risk but it won't be for too many altcoins like you have on your list, bitcoin is the strongest of all i don't kbow why its not on your list, the higher the risk the higher the reward and no risk no reward

Exactly, Bitcoin is actually very important in the growth of crypto assets. That is why many people suggest holding it. Unlike other projects, Bitcoin can run perfectly without the sweet promises that are usually given by the project team to raise the hype of their communities and end up with lies.

The investors are interested in the promising altcoins which can double their investment in a month, unfortunately. The mentioned altcoins in list are not hyped by the investors and buying the BTC will not bring more gains to the portfolio, in my opinion. The value of crypto-asset depends on the market conditions which can be changed by demand/supply. For increasing demand, buying altcoins is necessary by new investors.

barnes13

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Quote from: Kvalentine on November 24, 2019, 02:48:26 AM

I can actually take the same risk but it won't be for too many altcoins like you have on your list, bitcoin is the strongest of all i don't kbow why its not on your list, the higher the risk the higher the reward and no risk no reward

Exactly, Bitcoin is actually very important in the growth of crypto assets. That is why many people suggest holding it. Unlike other projects, Bitcoin can run perfectly without the sweet promises that are usually given by the project team to raise the hype of their communities and end up with lies.

ttcsalam

copper member

Activity: 1120

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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

I think you need some Bitcoin and some Ethereum in your wallet. Some investors like you need Altair Coin Market to operate. Those who have the ability to invest.

iv4n

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Quote from: bobyhodob on November 24, 2019, 03:35:57 AM

Are you sure about the decision to sell the house and throw money into altcoin?
if it were me maybe I would think 100 even 1000 times to do that Huh

I will not risked assets I especially my home to be made guarantee that is not necessarily promises to be able to get more of it.

As I understand this, he already sold his house for alts, and from that time to now some alts are down, from his list almost all except bnb, that alt made some progress this year. You wouldn't risk your home, but I remember a guy who sold a house and bought litecoins at 3 dollars, 3 or 4 years ago, there is video on youtube about that.
Anyway this guy risked a lot, and maybe in a few years he will make a great profit. You need to be brave to risk in order to win big. His choice of alts is not bad, I would skip investing in eos and xrp so big amounts, maybe something less, and I would choose ethereum before neo, but its me.

bobyhodob

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Are you sure about the decision to sell the house and throw money into altcoin?
if it were me maybe I would think 100 even 1000 times to do that Huh

I will not risked assets I especially my home to be made guarantee that is not necessarily promises to be able to get more of it.

styca

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

Sold my house for buying altcoins need your help

Sorry, but that's a really bad decision. Have you really done that? Why would you take such a crazy risk?

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

Yes. Buy your house back.

If you really want to free up some money to put into crypto, then extend your mortgage to free up some cash each month. Or worst case get a 0% credit card. Just don't sell your house in exchange for such volatile assets.

lienfaye

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Activity: 3010

Merit: 629

Quote from: Kvalentine on November 24, 2019, 02:48:26 AM

I can actually take the same risk but it won't be for too many altcoins like you have on your list, bitcoin is the strongest of all i don't kbow why its not on your list, the higher the risk the higher the reward and no risk no reward

Taking risk by selling your house to buy altcoins are not really a smart idea even you strongly believe in these cryptocurrencies. Thats why we often advice to only invest what you can afford to lose because there's no guarantee at all, there's a chances to earn huge especially if your capital is like what op has but we cant be certain.

On the other side I agree that btc should be in the list since its the king of crypto and proven to be profitable if you invest for long period.

Kvalentine

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I can actually take the same risk but it won't be for too many altcoins like you have on your list, bitcoin is the strongest of all i don't kbow why its not on your list, the higher the risk the higher the reward and no risk no reward

Vishnu.Reang

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Activity: 1974

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Quote from: Samayuki on November 24, 2019, 01:55:33 AM

There are better coins out there that spending 20k on ADA alone, it would have been good if you invest in bitcoin, bnb token which you already have, eth, hot, tron, pundix because they still have good roadmap ahead of them and they are very active, the only good ones on your list is BNB token, XRP and EOS

I can understand the nostalgia surrounding ADA. Back in 2017, it gave some of the best returns in the history for any cryptocurrency, when it went up by more than 100x. Technologically, it was regarded as one of the strongest cryptocurrencies currently available. But in the end a number of factors pulled it down, and what hurt the coin the most was the slow pace of development. The lack of availability of an online or lite wallet hurt the adoption a lot during the initial years. And the userbase had vanished by the time they came up with such wallets.

Samayuki

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There are better coins out there that spending 20k on ADA alone, it would have been good if you invest in bitcoin, bnb token which you already have, eth, hot, tron, pundix because they still have good roadmap ahead of them and they are very active, the only good ones on your list is BNB token, XRP and EOS

Malam90

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Activity: 1099

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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 are holding a huge amount of altcoins and we are finding no BTC and ETH in your investment. If i were you i would invest few $ in Bitcoin and Ethereum in the wallet.

coiningz

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Are you really sure that this worth it? Too risky decision, man

ampu

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CLEARSIGHT- THE #1 BLOCKCHAIN JOB PLATFORM

If this is all, you are at great risk of failure. Think about owning most of Bitcoin. Take a look at the market again, Bitcoin can not discount 10 times compared to the peak. The remaining altcoins are entirely possible.

kynaz

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http://unidapp.app

Quote from: slashz9 on November 13, 2019, 04:40:50 AM

this is crazy, why you sell your home for investment high risk,but if you already know the consequences its ok.
and you should put more on bitcoin, i dont see you put btc in the list. Make it 40 or 50% from your investment.
and the last,pray for your investment hope you do the right thing, before you sell, or you already sell it.

I think he doesn't know what else to do to make money so I think selling a home to invest in this market is really an idea that no one would have imagined. In my opinion, investment should have a specific strategy and always be calm because if you are not confident when trading, you will be a loser. In fact, even if you have a lot of money but without knowledge in trading, you will just be a normal investor and not much special.

Chicky213

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You took a great risk and i believe you must have a backup plan. The choice of altcoins are pretty cool though but i will advice you to reduce the quantity of each and invest at least 30% of your funds in Bitcoin. Bitcoin is the most reliable investment right now.

Rcoinmoon

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The Decentralized TCP/IP Internet Protocol

This is really hilarious, I mean how could you made so mistake? Even if you are the CEO of that project it's not wise to sell your house for such business it's wrong. Anyway let's pray your investment doesn't head the wrong way.

alan2here

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WorkAsPro

Quote from: slashz9 on November 13, 2019, 04:40:50 AM

this is crazy, why you sell your home for investment high risk,but if you already know the consequences its ok.
and you should put more on bitcoin, i dont see you put btc in the list. Make it 40 or 50% from your investment.
and the last,pray for your investment hope you do the right thing, before you sell, or you already sell it.

Very few people can take risks when doing this because home sales are never recommended when entering this market. I thought he didn't have a stable job and wanted to make money so he had very stupid thoughts at this time. If I were to choose, I would never use this method because it would only make things worse.
In my opinion if you have accepted the risk, you should use 80% of assets invested in Bitcoin because this is the safest way to make money but do not expect too much because this market can collapse at any time.

slashz9

full member

Activity: 1554

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this is crazy, why you sell your home for investment high risk,but if you already know the consequences its ok.
and you should put more on bitcoin, i dont see you put btc in the list. Make it 40 or 50% from your investment.
and the last,pray for your investment hope you do the right thing, before you sell, or you already sell it.

Topic: Sold my house for buying altcoins need your help - page 7. (Read 4875 times)