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Question: What percent of your net worth is in crypto right now?
0-5%
5-20%
20-40%
40-60%
60-80%
80-100%

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Author Topic: [POLL] How much of your money is in crypto?  (Read 196 times)
ktabb (OP)
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January 27, 2018, 02:36:41 PM
 #21

I'm curious about how heavily people here are investing in crypto. Are you all in? Or do you just have a small speculative position? Or something in between?

to ensure some security is always good to diversify, is what I do, I buy several different alt such as ETH, Neo, lisk, NXT, Stratis and many others... is very complicated to control and rarely do any post in the alt sections that I invest because I prefer to read a lot of what they post and to make it easier for me to investigate more projects. but as I said, I diversify

If you aren't all in, what other assets do you invest in and why?

well, I already mentioned some of my investments, now why did I choose these projects? umm I must say because I have sympathized with what they offer, I believe they are a project with some utility for people, and it is true that today a project must have a good marketing campaign if it wants to have a large community


So you diversify within crypto... do you have any money outside of crypto though? In cash? gold? stocks? real estate? Since the crypto market mostly moves together, diversifying within crypto isn't truly diversifying because it still means you are taking on a lot of risk.

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gentlemand
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January 27, 2018, 03:29:06 PM
 #22

99.3%.

It did not start off that way. It has crept up on me.
ktabb (OP)
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January 27, 2018, 04:58:42 PM
 #23

99.3%.

It did not start off that way. It has crept up on me.

Did you buy into crypto like super early?

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January 27, 2018, 05:03:34 PM
 #24

Did you buy into crypto like super early?

No. Not super early. I got in during 2013. Back then I put in about 25-30% of what I was worth.
ktabb (OP)
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January 27, 2018, 05:25:02 PM
 #25

Did you buy into crypto like super early?

No. Not super early. I got in during 2013. Back then I put in about 25-30% of what I was worth.

That's pretty early. That's around when I got in initially. I think my first purchase was around July or August of 2013, for like $110 per coin or so, but I only held a small amount after the 2013/2014 bubble. Sold it at $17,700 for some nice gains.

Sounds like you did really well though. Do you plan to take some gains off the table? Seems risky to keep that large of an amount in crypto.

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January 27, 2018, 05:28:12 PM
 #26

That's pretty early. That's around when I got in initially. I think my first purchase was around July or August of 2013, for like $110 per coin or so, but I only held a small amount after the 2013/2014 bubble. Sold it at $17,700 for some nice gains.

Sounds like you did really well though. Do you plan to take some gains off the table? Seems risky to keep that large of an amount in crypto.

We'll see what this year brings. My plan was to wait until 2020 before thinking about doing anything. If the prices become ludicrous this year then I may look into it and take out a percentage, though I think I can't be bothered as I've set on fire everything the tax man has sent me for the last two decades, but other than that I'm staying put.

What are your own plans?
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January 27, 2018, 05:41:15 PM
 #27

I have very little money in crypto because right now I have very little to risk. Therefore I will try to generate income through a signature campaign and then later begin to trade and invest with that income. It will be slow and hard but it's all I can try to do right now.

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January 27, 2018, 08:14:48 PM
 #28

That's pretty early. That's around when I got in initially. I think my first purchase was around July or August of 2013, for like $110 per coin or so, but I only held a small amount after the 2013/2014 bubble. Sold it at $17,700 for some nice gains.

Sounds like you did really well though. Do you plan to take some gains off the table? Seems risky to keep that large of an amount in crypto.

We'll see what this year brings. My plan was to wait until 2020 before thinking about doing anything. If the prices become ludicrous this year then I may look into it and take out a percentage, though I think I can't be bothered as I've set on fire everything the tax man has sent me for the last two decades, but other than that I'm staying put.

What are your own plans?

My plan is to stay out of crypto in the short term. I think this bubble cycle is over and it may be a couple years before seeing new all time highs. I also have doubts about bitcoin specifically because of its scalability/transaction/technical issues. Right now I'm more in stocks/cash and plan on buying a house soon so I'm trying to keep risk very low for the next few months. Once I have a house and if crypto declines more, I might consider a few alt coins for a small speculative investment. I think IOTA looks interesting but I'd have to do more research.

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