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Author Topic: Sold my house for buying altcoins need your help  (Read 4844 times)
vintages
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October 01, 2019, 11:42:54 PM
 #81

I will never make a critical decision of selling a landed property to buy cryptocurrency. Ya, Bitcoin can be a great investment but a property like that can also have it own value at the long run.
Well, I am guessing you have your best reason for taking your action. I can't advice you on the best altcoin to buy but I think your bigger investment should be on Bitcoin before other altcoins.
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October 01, 2019, 11:47:02 PM
 #82

This is really very risky to sacrifice the house for the sake of buying altcoins
I just read it was very surprised, wow really crazy and dangerous action to do.
But this is your right, and obviously the risk must be thought out too.

Okay if I may give advice, buy 70% bitcoin and 30% altcoins.
Because bitcoin is safer than investing in altcoins.
But if you really just want to invest in altcoins only.
I recommend BNB, ETH, XRP, EOS, XLM and don't forget about DOGE.
Because DOGE is always make suprised, DOGE is legend.

Although according to some people the act of selling a house for the sake of buying
Altcoins are at risk, i remain proud of that courage you do this.
I hope in the future bitcoin and altcoins can fly at high prices. Goodluck for you my friend.

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tranduong123
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October 02, 2019, 01:12:59 AM
 #83

Hope you have more than one house Smiley. I see you are not a fan of BTC, I think you should not hold XEM because early in 2019 NEM Foundation had difficulty when they almost ran out of money to operate, they can now be better but they can repeat that situation.
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October 02, 2019, 02:09:46 AM
 #84

Sold my house for buying altcoins need your help

How much was the house? What country is located? There is high possibility that prices decrease a lot after the upcoming financial crisis.
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October 02, 2019, 02:32:00 AM
 #85

Sell your house and buying altcoin is too risk, you faced big risk because altcoin have many trouble price, when higher you can take profit but when price have drop you have waiting for long time to get back altcoin on the top price, better you buy or invest in bitcoin.
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October 02, 2019, 02:35:28 AM
 #86

Who advised you to sell your house to buy altcoins ? Why not buy bitcoin if you have that amount if money as its safer and you won't panic so much when you see the altcoin going down as so far so many tried to guess the bottom and all of them were wrong so this might not be the final bottom.

Make sure you make a wise investment and try to make your own research if you really want to put them into altcoin but like I said, in my opinion , bitcoin would be better to keep those money and maybe some of them in top altcoin but I cannot give you any advise regarding investments beside Bitcoin.

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October 02, 2019, 02:49:51 AM
 #87

What you have in your portfolio looks good.  But altcoins have dropped 80-90% and you really won't know if they will go to 1 satoshi.  Even though the coins are good, they still normally follow market trends.  The market trends really don't look good.  As I can see when Bitcoin goes up, the altcoins go up.  But when Bitcoin fall, altcoins fall even more.  This pattern has been repeating.  Maybe you can reconsider and put a % for Bitcoin?  It is still the oldest and most stable.  It may happen that Bitcoin goes $500 000 a coin while the rest disappear. Just my thoughts
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October 02, 2019, 04:26:41 AM
 #88

You are crazy Shocked
Any way, good luck!
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October 02, 2019, 04:55:23 AM
 #89

If that house you sold is not your main asset and have much to spare, then you're still good. However, have atleast some of your earnings to tested and solid coins like Bitcoin. Altcoin market has recently crashed, maybe because of Bitcoin's bear market due to recent news about the crash in its hash rate and recent advancements in quantum computing. Still, the bitcoin market has become steady now, so altcoins prices may also hover and if better, rise up again.



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Rainbot
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October 02, 2019, 05:16:10 AM
 #90

this is my current investments. do u have any suggestion

20k$ = BNB
20k$ = ADA
20k$ = EOS
20k$ = XEM
20k$ = NEO
10k$ = XRP



I think this is a pretty solid choice. Regarding the distribution of investment portions, I think it depends on the analysis of each and I think the proportion is quite ideal. The coins chosen are popular coins and are traded in many large exchangers.
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October 02, 2019, 05:17:47 AM
 #91

I wish you the best of good luck, i won't dare sell my house to buy crypto unless i have more than a house, what you did is a very big risk that can cost you a lot if something goes wrong, every crypto investors must understand and invest only what they can afford to lose
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October 02, 2019, 05:47:59 AM
 #92

this is my current investments. do u have any suggestion

20k$ = BNB
20k$ = ADA
20k$ = EOS
20k$ = XEM
20k$ = NEO
10k$ = XRP


Well they are all good old coins except bnb token that's still very young but i am sure it will grow better than the rest in years to come but i hope you don't invest all the money? you have to have some back up just in case, this is what i called a investment well planned, its really bravery for you to take this decision, only very few can do this.
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October 02, 2019, 06:21:06 AM
 #93

I wish you the best of good luck, i won't dare sell my house to buy crypto unless i have more than a house, what you did is a very big risk that can cost you a lot if something goes wrong, every crypto investors must understand and invest only what they can afford to lose
Yes I agree. But I think it is not yet practical to sell your house, there are so many things to do rather than sell your house. Trading is not a one shot process it requires time. I hope that he has enough money that is left so that he could have a nice house to live with but Im also hoping that they will not regret selling his house there are so many ways to earn wish he could know that.

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October 02, 2019, 06:31:25 AM
 #94

You have made a good portfolio of your investment, that's good, but why Bitcoin is not in your list, I think Bitcoin is the vital investment key in the cryptocurrency platform, from my experience, All the crypto market depends on the price of Bitcoin. When the price of Bitcoin goes up then the price of Crypto goes low, it's the common scenario in the recent market. so you should make a proper combination of both Bitcoin and your existing coins. Whatever the matter is, If you are going to sell your house then do it and buy some Bitcoin for the long term investment. I hope that will bring to you a healthy investment for your future purpose.

Though Bitcoin should lead the investment portfolio. Maybe 30-40% of the total bankroll.

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October 02, 2019, 06:34:42 AM
 #95

what why you sold your house for very risky investment.
well goodluck for us, and i think you have a good portfolio just don't regret anything though.
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October 02, 2019, 06:38:33 AM
 #96

Ask yourself if the decision that you make is wise or not? There are sayings that we should only invest the moneyntht we can afford to lose. You sold your house just to invest and I can say that you made a big mistake.
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October 02, 2019, 06:42:59 AM
 #97

this is my current investments. do u have any suggestion

20k$ = BNB
20k$ = ADA
20k$ = EOS
20k$ = XEM
20k$ = NEO
10k$ = XRP


These coins were good but if its me I will invest too in bitcoin and ethereum. Did you research before you buy these coins?

Well selling your house to buy altcoins are very risky but I admire your guts to do it. We know the current condition of the altcoins and its not doing well, some alts are continuously dropping in price.

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October 02, 2019, 06:52:10 AM
 #98

this is my current investments. do u have any suggestion

20k$ = BNB
20k$ = ADA
20k$ = EOS
20k$ = XEM
20k$ = NEO
10k$ = XRP


These coins were good but if its me I will invest too in bitcoin and ethereum. Did you research before you buy these coins?

Well selling your house to buy altcoins are very risky but I admire your guts to do it. We know the current condition of the altcoins and its not doing well, some alts are continuously dropping in price.

yes bitcoin and ethereum are profitable investments.

but I am a little doubtful about the OP because there is no strong evidence if the OP is actually selling the house to invest in crypto, but whatever it is I think the actions of the OP is really beyond common sense.

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October 02, 2019, 07:20:35 AM
 #99

Selling your house for buying altcoins? Why you intend to sell your house and buying those altcoins who are we called dead coins?
I'm not sure if you meant what you say, what do you mean by dead? what's your definition of dead by the way? because they just struggle but they are not dead.

Instead of buying altcoins why you do not buy bitcoin? Bitcoin is more essential than altcoins and also bitcoin can increase the price anytime and any seconds, just not like some altcoins who are dead coins that are not increasing its volume and price.
Bitcoin is only for those who like to be safer, this man wants to take a higher risk and if you will review his choices, you will see that they are not dead coins. Let me breakdown to you why they are not dead based on their trading volume.

BNB - $101,897,944 USD
ADA - $32,370,350 USD
EOS- $1,465,048,783 USD
XEM - $9,638,002 USD
NEO - $267,740,494 USD
XRP - $1,195,861,769 USD


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October 02, 2019, 09:01:39 AM
 #100

what why you sold your house for very risky investment.
well goodluck for us, and i think you have a good portfolio just don't regret anything though.
Maybe he was interesting to create fast money from the volatility of the crypto market and that should be the main reason.
Some coins may not suitable again to be used as portfolios consider about the volume has already decreased a lot. Bitcoin is the main coin to be used as portfolios.
people these days interested to make more and more money.

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