Bitcoin Forum

First a bit of history about myself.
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1. 25 year old bitcoin believer as of now.
2. Put my whole bank back in 2017 June Into bitcoin (around 11.000 euro).
3. Self taught Investor/trader in crypto currency
4. Considered investing/trading more as a hobby then money making, as i enjoyed doing it.
5. Found out own trading strategies that are unknown to most people that delivered me up to 5.000-10.000$ a month.
6. Had people working for me in the crypto currency field.
7. Average weekly work time around 60-70 hours.
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So why did i put 150.000 usd into NEO?
Buy in zone $10-15.

The first and number 1 reason is marketing. It's all about marketing. If the the product is excellent and has bad marketing it will always lose from a poor product that has excellent marketing.

1. Neo has perfect marketcap and position in the ranking, which will make it prone to fast growth. I guess most of you will find many reasons why. They're most likely all correct.
2. Excellent marketing in China, you could've read about it in the newspaper a lot during alt cycle as it is Chinas #1 coin.
3. High probability in 2020/2021 for Chinese Government adoption.
4. Excellent marketing during high times, reach zone U.S.A/Europe.
5. Alot of big youtube names that are bag holders.
6. Most well known name that fit the criteria marketcap and ranking.
7. China high percentage of bitcoin miners, which will make Neo prone for price rise ups.
8. Ones second Fomo hits in alot of new people and investment money will hit the market. Expect alot of projects based on NEO. (current fomo percentage compared to 2017 is around 10-15%) Means we are not in a fomo mode yet. Expect it to be around 20k, with new ath media coverage.
9. Alot of money available for marketing, Neo offices are appearing everywhere over the world.
10. Insider information that coinbase will add Neo, this year?


Screen: https://ibb.co/9rV5R3X

Anyone knows how to upload my screen?

well first u need to be jr.member or above to be able to upload photos (or u can buy a copper membership). btw wow thats a big investment man hope u can profit from it

https://i.postimg.cc/mkXqmTK4/neo-whale.png
You're a newbie so you can't post displayed images so here's the screen.

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Neo is surely a decent coin but pouring in 150k$ into it,man,that's impressive. One question,are you going to closely monitor the Neo market movement and buy/sell with your capital for profit and avoid loss or you just gonna hodl and forget about it until a big pump happens?

I purely bought it for hodl reasons, as during the alt coin cycle most coins raise alot harder then btc. Neo is a very known name and is prone to price ups manipulation. From what i remember Neo was pretty much most known name out there. Because everything is about marketing, this coin for sure will achieve a x5-x10 easily during an alt coin season. I can't speak about my stategy with Neo as its all about the current market, i will probably sell 70% around 50usd and keep the other 30% for $100+ movement.

My mistake was that i didnt calculate ico projects rise ups, and still considered that the current market has about 1000 ico projects out there. Ofcourse because of many different ico projects the money spread will be wider.
But it doesn't really matter, ones altcoin season hits the market the most famous names will go to the same estimated btc worth... It will just take a longer time. For example: You buy for 2 btc in Neo, btc is rising up it is now
worth 1.2btc. Altcoin season hits in and the value will increase to previous highs if not more. That's why selling  alts and moving into btc when btc is rising is money loss. I've made many succesfull altcoin investments and the number 1 reason is always hype/marketing for me.

This altcoin season is very different, that's why the coins in like top 50 will do good and are a safe investment. When ico's were a new thing the best investment was in top 100-200 range. But this altcoin season will be more specific.

Good luck but I think NEO will die a very painful death since it tried to copy off Ethereum's success.  You should of just kept that money in Bitcoin and Ethereum instead of gambling it away on junk like NEO.

And so, what are you thinking about the competitors of NEO. Binance chain is the very strong competitor for NEO even binance has beaten another platform like tron and EOS. $50 target is something that will be so difficult to be achieved when NEO already lost anything because they have missed their own momentum.
Can you tell me about how strong the fundamental of NEO?

If I consider it, I can't say it's a bad investment. But, man, why the hack are you going for just one coin to such a big amount? There are so many choices to create a portfolio. I don't get it.

I agree that NEO does look like a good project, and I have some myself. It does seem a huge risk though to put so much on a single coin, and gamble everything on whether it succeeds or not. Everyone has their own risk/reward tolerance, but if it were me I would at least have spread out across a few coins, including some BTC in there. Best of luck though, you're very brave!

It does look like you did it right there,,, buying in at a max price of $15 but I think buying Bitcoin would still have been the better buy, especially since you say you got in at June 2017, then at 3k it should have looked like a great buy at the time too!

Altcoin season will be more specific you say, besides NEO what else is good? Oh and,,, I guess you also got a good neogas going on!:)

Binance is definitely good, they're good because they work closely with NEO undercover. I expect price manipulations from that exchange on Neo. To make it short, i view Binance as a short term project considiring price rise ups. Main reason prices are going up is because of coin burn. I expect this coin to be like a stable coin in the long term, ones they stop burning their coins and decreasing deflation. Tron is a well known lier and con artist project, that love to hype their own coin with fake news. Definitally won't do good in the long term, considering all the lies.  Eos is a fake project and will never have a future as a decentralized platform. They have raised like 4-5billion during their ICO which is very suspicious. I believe
they used their own funds to manipulate and boost up their marketcap. Eos is purely and pump and dump project and is definitely not pomising for long term hold. 50$ won't be difficult to achieve at all... Neo had $300million usd investment in like 1 week shoting the price from like 14 to 20. For it to reach a marketcap  from 1.3billion to 5 billion will be peanuts during altcoin season. Neo has revenue earning streams because of wide orginisational strucutre and this will ensure that there is always enough money to last for any prolonged bear market.  2020 should be a very important year for NEO and we're very close to that.

Nobody can guess the right time to invest or sell. It doesn't work that way.

We don't know your trade strategy, risk tolerance, account size, income, living situation, investment goals, or trading experience. So impossible for anyone to say what you should do with your money.

allow me to congratulate you on taking a huge risk that most people will not come near. Once altcoin season hits you can make big and although most people would prefer btc as safer investment I don't see why someone can't go to neo, eth or any other altcoin. I would keep from criticizing your investment regardless of my own person view on it and I wish you good luck.  :)

Because he already research and believe with this coin will be higher in the future. This kind of investment would make him huge profit flr him or if he isn't lucky, this would be a bad investment (altought i doubt about this would happens)

Exactly, time will tell. I believe this will be the last time there will be altcoin season that will be more specific. After the specific altcoin season i think only like top 20 will grow in the future.

NEO has been at the forefront all the time. It maybe because China reportedly has backed NEO at a time when the country is heavily against cryptocurrency, and is planning to ban cryptocurrency. NEO has much potentiality as far as I know and it will not disappoint anyone investing in it. But I would prefer Bitcoin and ethereum over NEO.

I was thinking about saying that you might have buy neo at the wrong time but after goes through your post I fine out that you really make the right choice and since there are good marketing about neo in China and that is were it exist from then we should expect good price in the future about this coin.It also means I will keep holding my neo for now.

I can understand that you want to play big but this is a mistake to put all of your money in crypto and especially in one coin. never invest more money that you can afford to lose.

Of course, it’s good that you invested quite a lot in this coin. But I shield that investing in one coin can be disastrously dangerous. The fact is that it is better to play with a lot of coins to minimize the risk. Let's say in the winter you could invest in ETH at 80 and today you would get x2-x3 and be able to invest further in the market.

You can invest your 150k$ into NEO if you have more 150k$ in your holdings that can help to reduce loss if you will in a loss. So you should hold some money as back up. And I don't this it is not wise to invest in NEO at this moment because NEO suddenly pumped two days ago. So wait for your entry price. Or if already brought in before the pump you should take the profit now, and rebuy again. GOOD LUCk

Your investment choice is very right, I also have a little NEO and I will hold it until the end of this year, Neo slowly starts to rise due to market support. My advice is that you have to hold back until big profits reach you.

I see you have an opened youtube tab with video called "$20,000 Bitcoin coming". I hope that your decision to spent 150k $ on Neo was not formed after you have watched this video.

I can see the OPs next post already "Neo Is Scam Lost 150k"

Foolish idea throwing all you money into one coin very bad strategy from an investment point of view.

Did you think what if a big Neo whale decides to sell or dump on the market what will your portfolio look like then?

Great, but I would buy neo for lower price. Anyway you're in profit at the moment and with hold you will get even more, so you have good point for long term

invest 150k $ is a lot money, if you put that on neo that mean you believe to that coin and can give profit in future that impressive.
but neo is a one of good altcoin, so you no need to worry about your money, even if big dump coming like now, it will be recover time by time.

what a re serious move you made here. you must have been trading in this volatile market for so long. it looks like you have enough  cash to dull out in the market but hoping to see you earn huge returns and never got burnt.

Well i always made correct investment choices in this market, considering my past experience i'm 100% confident in this investment. Neo has alot of investment money, and it's China not Europe nor U.S.A. Which means their backup/investment money is worth 5x-10x compared to U.S.A/Europe. Which means they will always have enough money to backup their project or survive a prolonged bear market. China has 1.4 Billion people and it's chinese #1 coin. Neo's marketing strategies during up times are amazing from their past historical experiences. I'm gonna bet highly that they're gonna make a smart economical growth move that will pump up the coin, we can also see that they still have a long way to go to exhaust their development supply which means there is too much room for growth.

If you have the money to invest then do it. I'm not however going to put that much since a more diversified investment will look as if you are a better investor. NEO is a great coin, I have hold the few I got which I have been receiving GAS as well thru it. You can totally leave it in your wallet and enjoy life. The GAS will still continue to flow like a dividend from a company.

Wow this is a huge investment and I think you are doing well you invested in a great crypto and making a huge profit monthly .
I also have my eye on NEO it is a good project I found out about it on an airdrop in one of the trading site that I have been using.

The classic mistake by newbie, investing into only one altcoin because you read somewhere that they have many good plans. But plan doesn´t mean anything. We need use and adoption.  :)

If you buy a NEO in the price range of $ 10, I think now it starts to profit because the NEO price is around $ 18 and may continue to rise. NEO is good for long-term investment and also OP buys at a fairly cheap price

Don't go all in on one coin, You will do better if you invest in different coins(Mostly the top 20 ones), Also don't forget to add Bitcoin in your portfolio, Betting against Bitcoin is a bad idea.

I have to agree that diversifying your coin holdings would be better.  You can weight your alt coins to have more NEO but addsome top 5 coins to your selection that you know will still perform solidly over time.  Maybe not the same 15-20 times gains you are expecting from holding onky NEO but you will reduce your risk to a catastrophic event if the NEO project disappears (eg. bankruptcy, loss of major development team members,  or being replaced by a better competing coin).

Most of the people will choose BTC as safest one to make profits, but at the same time we can invest on a potential coin like NEO, NEO coin has the capability to increase it previous ATH, but everything depends on the market situation and on the price of bitcoin.

This is the true NEO investor (He even shows us the proof if he invested this amount)
OP, just ignore all those people who think you are too crazy to invest such huge amount only in a coin. When NEO back as their ATH, you can shut up their mouth.

But OP, if you invested $150k in LINK yesterday, your investment already turned to $300k right now. Just saying

I assure OP that he wont regret his decisions. NEO is combination of ethereum and its better version.
It is a complete smart economy in itself.

Pretty big risk, as others have stated, but we could have said the same about btc people years ago too. There were a bunch of troll-y (meaning probably fake) posts about people going all in on btc at it's then highs... sold their houses and so on... and now they are ruined. Yet because btc went crazy like 6 months later, they either became rich or their troll attempts failed.

I would suggest putting some into BTC. Heavy into one alt is a risk (but for all we know, it's the correct choice), but at the very least have a backup plan using BTC. That way if NEO doesn't work out, you probably could offset any loss with BTC's gains.

maybe too speculated to take $ 150k to neo, this might be a big bet. right now neo still hasn't shown a significant increase, I think maybe btc will be better chosen as a neo altcoin.

I do think that neo is very undervalued at the moment especially when we look at the previous all time high levelsbit shows that there is huge profit potential if we can hold neo for few more months.

I have always believed Neo is the most underrated blockchain in the crypto space
But it has been developing and growing rapidly over the past years

Neo has been onboarding several projects from quarkchain to vechain, some parts of eos , kardiachain and lots more

Neo also recently onboarded morpheus lab, soon Neo efforts will reflect on their marketcap price

he dare u know, and i like it.
reminded  me on 2017 when i bought Trx with total 10 ETH , its almost 1 millions TRX on that time.
but sadly i too pussy to hold it for long time.
so, i guess its totally fine

Onr bag only? That's still risky considering all the benefits out there as big speculators might make things go differently. Was going full icx bag too but it's really risky when BTC is on point and you might get into a bad position. Still NEO is perceived as the China ethereum as we know, the amount of miners is definitely persist with crypto and NEO might a way out for them as well.

If I have 150k and I'm been given a single option to invest in a single coin or token I'd rather pour all that money into bnb token or bitcoin ,neo on the other hand isn't good enough to me, it would have been better if you split up that 150k and choose three greatest coins like bitcoin ,ETH and bnb

Money loves silence! I don't understand the meaning of this post. And why do we need information that someone has invested in any cryptocurrency a large amount of money?? Do you expect everyone to run to invest their money in NEO? More like advertising. And if you are such an experienced investor, then why do you have the rank of Newbie? Haven't you heard of bitcointalk before?

Oh wow, anyways, it's your call mate, and I'm sure no one will blame you for doing it. It seems you've done your share of investigation on NEO. I wouldn't say bad anything on NEO though, it has been in the market for so long as well and has been tested many times so good luck.

lol. unbelievable that someone still believes in NEO.
The Chinese market is extremely close and also, after all, NEO news, consider them as a top coin.
ONT is probably better.

"Impressive" wouldn't be the word I'd use, but it certainly is extreme. 

NEO is one of my favorite coins, which is a rarity because I'm a firm believer that most altcoins are complete garbage and not worth owning.  But sinking that much money into any one altcoin is exceedingly risky to say the least.  But OP, by his own statement, is a young man so even if NEO tanks he still has enough time in his life to recover.  I'm hoping for him that he's got a good real-life income to fall back on.

Ya think?? 

Yep, that's one of the most appealing aspects of owning NEO.  Unlike PIVX or some of the other PoS coins, you don't have to leave your wallet running all the time.  That completely sold me on NEO, because I've always been an income investor.  In the stock market I've consistently purchased stocks that pay a good dividend.  Any gains that NEO make on top of the GAS generated are just gravy being poured atop the finely-cooked turkey.

Thanks for a good review of Neo project. They do have a good roadmap for the next few years and the price is really attractive at the moment, so it is a good long term investment.

Waw! Such a huge step you have taken, but this could go either way, huge loss or huge gains, hope you are mentally prepared for what the outcome will be, neo is good project no doubt, compare to 2017 if such growth in price happen again this could be the best decision you made, good luck.

NEO was once at the forefront of other altcoins dragging the technology competition with Ethereum and on many occasions, it was referred to as the Ethereum of the great China. I'm not sure if the perception is still the same today. NEO was so promising, but from my perspective it is the shadow of its former self. I hope it receives more attention like before in a more technological manner able to compete in the ecosystem. I'm still holding my NEO. We have different approaches to things and I respect your decision to invest such amount in NEO

The emergence of NEO is greatly appreiciated by the cryptocurrencies investors and now it all has been changed and market volume of NEO does not seems growing bigger in the exchanges investments.

I believe in coming years we may expect the growth on NEO and then its development platform is also a good option for us now since ETH and ADA captured the marketplace completely.

You should go in NEO in 2015 or early 2016. You would not need $150k back then but much less.

25 years? are you sure bout that?
well as a neo holder i know i might be wrong but i just sold everythin at 20USD and knowing that i can get much at 15.
IDK reall but looking forward for a better future! i hope NEO will go down more so i can buy back.

It is a good amount of investment. But you have to understand that it shouldn't be all of your money. From my point of view going all in just in 1 coin isn't that smart

Good luck!
With this money I would buy BTC,ETH - 50% and NEO,QTUM,LINK,GRIN - 50%

I would also advise at least 5% to enter the project Cloud Token (CTO), You can read more about it here: https://bitcointalk.org/index.php?topic=5157220

He took a great step to invest in cryptocurrency, but his idea of having all the investment in one project doesn’t sound really wise to me, its is an market where you can get any surprise at any time as regards a project, they could fold up, they could dump, or something unimaginable could just happen that will make the coin become less functional, so I wouldn’t buy the idea of him having such huge amount of money in NEO alone.

In as much as he is a great believer of NEO, there are still other great coins that he can diversify into, diversification really pays a lot, because there is no way all the project can fail at once, and at least 50 percent of the coin in the portfolio will always make up for the ones that would be killing his investment. The only sure coin that I can ever advise anyone to hold alone confidently is bitcoin.