Sold my house for buying altcoins need your help

[StayFly]

this is my current investments. do u have any suggestion

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

20k$ = BNB - I suggest you go all-in on Binance coin.

With BNB you can easily get lots of profit more than any other altcoin on the list.

[Wysi]

I don't recommend this at all, people who are planning to let this happen kindly stop it. This is seriously a risky step selling your valuables for crypto is not at all acceptable for me, because crypto is volatile and anything can happen in future do not rush to sell your valuable things to buy coins.

[bitcoinst]

Personally, I would only believe in such a story at the end of 2017 and the beginning of 2018. I don’t think that now there is a person who will be ready to sell his home and risk it all to buy cryptocurrency.
One must be either very brave or very stupid. However, in any case, most of your portfolio needs bitcoin, at least 50%. Bitcoin shows much more positive dynamics than altcoins, which means it can become a trump card in your portfolio. Altcoins, on the whole, have been falling in price for a long time, which means making a portfolio of only them is too much risk.

[Metall303]

with such large investments, I would leave at least 25 percent on investments in Bitcoin and 25 percent on investments in Ethereum, and the remaining 50 percent would be split into other altcoins

[Youghoor]

this is my current investments. do u have any suggestion

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

In as much that the crypto space presents good profit making opportunities, you shouldn't sell non-volatile asset just to invest it into a volatile investment asset because it presents a good opportunity of making twice your initial investment capital.  You should invest an amount you can afford to lose in case the market crushes. The above crypto coins have good potential but you should be careful  considering the current state of the crypto market

[lionheart78]

this is my current investments. do u have any suggestion

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

You got a pretty solid investment there, I hope you did not buy them when they are in their peak price because if you did, you surely are at a loss ATM, but do not lose heart, they will bounce back and will give you the profit you are waiting.  I hope you have your day job to sustain your family's need.


Anyway regarding your investment, I hope this Article may help you update on what is happening on some of your portfolio.

https://cointelegraph.com/news/price-analysis-30-09-btc-eth-xrp-bch-ltc-eos-bnb-bsv-xlm-leo

[pixie85]

with such large investments, I would leave at least 25 percent on investments in Bitcoin and 25 percent on investments in Ethereum, and the remaining 50 percent would be split into other altcoins

Everyone is telling him the same thing in this thread. I laugh especially because he invested in dying projects like ADA that used to be worth 1 dollar and now is worth only 0.03. Not 0.3! That would only be a 70% loss of value, which would be similar to Bitcoin deep in the bear market. It lost twice that! It's a good project but it left many investors with nothing.

And he also put money into that shitcoin XRP that used to be bad even before the rumors about Libra came out.

You should always ask and think before doing. Don't invest and then ask if you did good!

[PuertoLibre]

this is my current investments. do u have any suggestion

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

I recall CZ selling his house to buy bitcoin. But you sold your house to buy altcoins. You both are cryptocurrency believers with different approach. If the investment is still recent, please I would suggest you sell 50 percent holding in each of the coins and put it into bitcoin to minimise risks. Not investing in Bitcoin will be a great undoing for you.

I know you talk from experience but I don't deny the fact that altcoin can start to go up without BTC. Altcoin season can start without waiting for the corrected BC price which did the same thing in the last months. The OP clearly breake the rule which he shouldn't invest more than afford to lose but I wish good luck in this hard journey which requires a lot of patience.

[amonymous]

this is my current investments. do u have any suggestion

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

In my opinion this is bad idea for sales house and want invest in crypto because you know the crypto market more risky? here don't have any safety for your money so i don't recommend which altcoins best for your investment. before invest you need research and take knowledge about crypto market then come here and keep your best.

[Novatech8]

this is my current investments. do u have any suggestion

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

Would have been better if bitcoin is on your list and you should have  invested 90% of your money on bitcoin, doing this you have complete confidence on your investment but since they are all old altcoins they will perform better than new coins or toke ns

[aces777]

Well, you have already made your investments now mate, so there is only a little that we can do to help. You should keep your faith up in your coins, hopefully, there is more for them in the future. However, I would like to say that in the near future, when you are looking at making investments in coins, you should be more deliberate about it, and make proper research so you don't get to invest in shitty coins.

[Cekerula]

Are you serious about selling houses only for altcoin? try to reconsider before you do, I totally agree if your money is put into bitcoin.

[republicrypto]

this is my current investments. do u have any suggestion

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

This is really big bet buddy
Anyway, why you didn't put your money on bitcoin as the best cryptocurrency and ethereum as a part from altcoin ?
I think both is better than the other coins in your list
Regards

[Decracy]

this is my current investments. do u have any suggestion

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

Hello Moneytalk,

Good for you on taking a leap of faith with investing further into the technology of Blockchain, and digital currencies. As I opened your post I noticed something that I feel should be shared with you. With the publication of your diversified portfolio, I can advise you to utilize a percentage format rather than a value format on the details of your investment - and its worth. I'm not insinuating anything, though when it comes to finances, it is good practice to keep these sensitive details to yourself. It better protects you over the internet and even more so physically.

Good luck with your investment.

-Jan

[xenomorphe1]

Are you serious about selling your house for buying cryptos? That's a really big risk you are taking if it is really what you are gonna do.
Thoses coins are good altcoins. You can win a lot, but you can also lose a lot of money too. Good luck with your future investment.

[Kang TB]

this is my current investments. do u have any suggestion

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

if we talk about altcoin investments
just suggestion, i think you must add ethereum in your list mate
because if we comparing with all your coins above, ethereum is better than the other right ?
and i believe if this altcoin will create new high in the future

[Mysteryla]

this is my current investments. do u have any suggestion

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

Did you just invest in this? You did not state the date you invested, perhaps that would have helped in giving more precise advise on what to do.
Your list starts from the 3rd in rank on CMC. You should have at least also consider the top two., which are namely, bitcoin and ethereum.

[Ailmand]

I think your decision to sell your house is to abrupt and it seems you are not showing any regrets about it. You must have thought about it very well. I think your investments are good, but you should have considered atleast a portion for bitcoin. I wish you luck on your investment.

[akirasendo17]

its a brave move for someone to do that I admire you in some ways
but I think what crypto will give you a lesson you will never forget
yes you have to take risk but you are in the next level for that
I would never do that because, its too risky right now, and lots
of people will not recommend it, are you willing to loose your home
yes the return is good but what will happen if its the other way aroubd?

[nanaimogold]

First of all I don't believe OP has sold a house and bought altcoins with that money. I expect that people who can do such transactions will spend time on Bitcointalk.
Also in march 2018 he wrote that his life savings were 28k$, then later wrote that "I have now got 0".
That's much less than this alleged investment. So he's trolling.

Now, investing into altcoins may be good because they are low now and there's a chance (but not a guarantee) that they'll rise again in the near future. And altcoin investments, if done correctly, although much riskier than Bitcoin, can give much bigger results too. But since the risk is so big to lose (almost) everything, one should invest only what he affords to lose and clearly not sell a house for that.

I thought as much. Why would anyone sell his house to invest in altcoins (instead of bitcoins). I do agree that some altcoins have potential to return huge unprecedented ROIs but then looking at coinmarketcap with over 1000 altcoins, the probability of picking the gem altcoin becomes a difficult math with me. So I will rather stick with btc. But then if the Original poster truly meant it, all I can say is good luck