My Crypto Portfolio. Will I be able to Retire in 5 years?

[igigme77]

Hello. I need about 2M US dollars to retire. I have made my crypto investments and want to know if you guys think it's possible to retire on my portfolio within the next 5 years.



Discuss.

[Mallyx]

Hello. I need about 2M US dollars to retire. I have made my crypto investments and want to know if you guys think it's possible to retire on my portfolio within the next 5 years.



Discuss.

No BTC ?
Potcoin ??
$2M ??

Good luck :p

PS: Don't leave your coins on an exchange

[Mrbates]

I decided no with the potcoin part.

[Chevas Regal]

I don't know what is Potcoin, i will appreciate your buy for Litecoin and Steem , sell your ETH Classic and buy Lisk with those and you will be happy in future

[c4s7or]

So much good projects...why you chose pot?

[igigme77]

Hello. I need about 2M US dollars to retire. I have made my crypto investments and want to know if you guys think it's possible to retire on my portfolio within the next 5 years.



Discuss.

No BTC ?
Potcoin ??
$2M ??

Good luck :p

PS: Don't leave your coins on an exchange

Im going to move them all to my wallets soon for save keeping. Thanks for your advice.

[igigme77]

I don't know what is Potcoin, i will appreciate your buy for Litecoin and Steem , sell your ETH Classic and buy Lisk with those and you will be happy in future

You should know.

http://www.potcoin.com/

Thanks for your advice but I will stay with my picks.

[Viper1]

Potcoin? Steem? No BTC? Really? In the past 4 years, what coins have doubled in value every year and maintained that (which is what I think you would need to happen). Take bitcoin. It hit a high around the current price in 2014. A year later is was down to around the $200 mark for almost a year and then started climbing again to where it is now. Cyrpto is not like "real world" investments and you can't treat it like that. So no, not a chance in hell of you achieving your goal. Unless, the world turns to hell and people turn to Crypto. But somehow I think that if the world would turn to hell, most wouldn't even have electricity and/or the internet so not like they could use it anyway.

[igigme77]

So much good projects...why you chose pot?

It seems to me that legal cannabis industry will want its own coin and potcoin has the largest market cap of any marijuana focused coin. Looks like the smartest option.

[igigme77]

Potcoin? Steem? No BTC? Really? In the past 4 years, what coins have doubled in value every year and maintained that (which is what I think you would need to happen). Take bitcoin. It hit a high around the current price in 2014. A year later is was down to around the $200 mark for almost a year and then started climbing again to where it is now. Cyrpto is not like "real world" investments and you can't treat it like that. So no, not a chance in hell of you achieving your goal. Unless, the world turns to hell and people turn to Crypto. But somehow I think that if the world would turn to hell, most wouldn't even have electricity and/or the internet so not like they could use it anyway.

I hope you are wrong and in 5 years we can look back and see how I did and obviously I have btc, they are not at poloniex and they will not count for the 2M US dollars.

[Pursuer]

Potcoin? Steem? No BTC? Really? In the past 4 years, what coins have doubled in value every year and maintained that (which is what I think you would need to happen). Take bitcoin. It hit a high around the current price in 2014. A year later is was down to around the $200 mark for almost a year and then started climbing again to where it is now. Cyrpto is not like "real world" investments and you can't treat it like that. So no, not a chance in hell of you achieving your goal. Unless, the world turns to hell and people turn to Crypto. But somehow I think that if the world would turn to hell, most wouldn't even have electricity and/or the internet so not like they could use it anyway.

I hope you are wrong and in 5 years we can look back and see how I did and obviously I have btc, they are not at poloniex and they will not count for the 2M US dollars.

then you should mention that in OP, the only information you give us is a picture telling us you have no BTC!
in any case this is what I think:
ETC: is a good choice, I just hope you have bought it before 23rd. also there are changes in ETH which can cause ETC to become that much more powerful and useful because of the difference it will have with ETH. and the more decentralization helps too
LTC: is obvious these days with the SegWit being 100% sure activated.
POT: I also don't get this choice, specially 11.7BTC worth of it
STEEM: I will never choose this for a long term investment in a million years. the supply is huge and they gave and are giving a lot away so silly and create a big sell pressure.

[lurker10]

It's a must to own some Doge to retire, better than potcoin for sure LOL

[cryptohunter]

reduce pot quite a bit and etc a little.

sprinkle in some bitbay then  blocknet on dips and you will be standing a far better chance.

try for some real outsider chancers with 0.5-1btc too.

i would grab a bunch of ltc - long term looks good.

research it all first to make up your own mind.

[BTCLovingDude]

you need to make 5114% profit in 5 years (nearly 1022% profit annually) to reach your target. i can tell you one thing, it is not going to be easy at all. specially if you are buying and holding "altcoins" for long term.

in short term these coins do magnificently but when it comes to long term, they are all limping.
and also the short term doesn't last long. it is mostly "an altcoin season" that they are getting pumped and are giving good profits. but in the end they will all have a dump and then a very long down time (winter sleep).

out of these choices i can say LTC and then ETC are better choices.

[DenDanny]

Don't take investment advice from a bunch of strangers, you won't get any unbiased advice here. The people here will tell you to invest in the coins they themselves are invested in.

I recommend you research a bunch of coins, and invest in the coins you think will do well in the long term. Take advice from forums with a sprinkle of salt.

[adaseb]

I think the only coin that might still exist in 5 years is BTC and you only own 1 Satoshi of that, so NO you won't get $2,000,000.

[c4s7or]

So much good projects...why you chose pot?

It seems to me that legal cannabis industry will want its own coin and potcoin has the largest market cap of any marijuana focused coin. Looks like the smartest option.

Where is the sense in using a different coin for cannabis than for everything else?

[Febo]

Hello. I need about 2M US dollars to retire. I have made my crypto investments and want to know if you guys think it's possible to retire on my portfolio within the next 5 years.



Discuss.

quote. Well you have one satoshi so you might be on good track

Poloniex close tomorrow and your 20 BTC are gone so as your dreams of early retirement. What you store for your retirement can not be on an exchange!!!

[anwgust]

You should study all the other examples from the history of world economics where the market got heated up too quickly. And then of course you should be f**king scared if you still insist to go on with your plan.

Read at least this article http://labs.vtc.vt.edu/hnl//cache/Business%202_0%20-%20Magazine%20Article%20-%20Are%20You%20Wired%20For%20Wealth.htm
I know it's good to feel invincible considering the happenings of the last months in the altcoin market but longer as this trend continues the harder the crash will be. Be more realistic in your profit estimations and cash out in different stages as the market progresses.

[BTCIV]

Replace LTC whit Monero and Steem whit Stratis and I think you have much bigger chances. LTC could go up 30-50$ in 6 months-1year, in same period monero could be 100+.

Steem is just bad for allot of reasons, Stratis is really a solid investment whit real use.