Sold my house for buying altcoins need your help

[dannybrown]

I would never advice anyone to sell anything to invest in cryptocurrencies. House is really important, maybe you should have waited a little to invest when you reserarch or you could just invest little amounts which will make you not upset in the end. If you invested in those tho, I am sure you will profit in long term.

[pieppiep]

Selling your house for buying altcoins? Why you intend to sell your house and buying those altcoins who are we called dead coins? 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.

Maybe he has his own prediction about the coin he bought, so he is sure to sell his house. But as you ask, why he doesn't buying bitcoin but buying altcoin? That will be a question because we know that bitcoin will be increased in a long time and now is the best time to buy bitcoin while the price does not increase so high. I hope that he is doing the right thing with his investment and he can make a profit from altcoin so he can buy a house again to replace his old house.

[Roidz]

You are doing too risk work by selling your house just to invest in altcoin now, although investing in altcoin can be very profitable, but you can lose the house you have if altcoin prices continue to fall, it's better if you invest if  you have more money and never risk losing our assets in the real world just to invest in bitcoin or altcoin, we know that the altcoin and bitcoin movement is very fluent but that cannot be a reason for us to risk everything we have just to invest in altcoin.

[Furryball]

You took a big risk already so why asking for people's help? why can't you ask about selling your house to buy crypto or not? anyways limit your risk by investing in top 10 coins only and make sure tou don't invest all the money in crypto, anything can still happen even when every thing looks smoothly for now

[Ducky1]

If you ask me for advice, I will answer that Bitcoin and Ethereum are best for investment. It was these coins that showed a steady increase in prices in 2019.

[Kersh768]

this is my current investments. do u have any suggestion

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

I'm sorry but I don't think selling your house for an investment would be a good idea unless you have another properties. Also, I do also not suggest this period in the cryptomarket wherein the pump in the market is so difficult to foreseen or predict which simply implies investing to any crypto has no assurance of earning profit. I am not being pessimistic, in fact I have holdings of many cryptos from campaigns last year. But if you are that much determined, I would suggest investing to huge alts, or those which have already established large community of users such at ETH, XRP, NEO and the likes. These are the coins which are more likely to pump when recovery of the market occur. Just my opinion.

[Strongkored]

this is my current investments. do u have any suggestion

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

I don't know all your portofolio investment is made by your research or just listen to other person like friends or crypto expert, if your choice is based friends suggestion then you need to learn about all the altcoin you bought.

My question is you use all the money you got from selling house or you still leaving the rest? If you still have you need to buy ETH and also a mother of crypto is BTC.

[sjbi]

I am very sorry for you have sold out your house for cryptocurrency. It seems you are too much crazy. But now you have done it. So there is not any other ways than handling your investment smartly. My suggestion is just play safely. Invest in bitcoin, BNB, bittorrent, huobi tokens for short term and long term.

[meliodas]

this is my current investments. do u have any suggestion

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

I don't know all your portofolio investment is made by your research or just listen to other person like friends or crypto expert, if your choice is based friends suggestion then you need to learn about all the altcoin you bought.

My question is you use all the money you got from selling house or you still leaving the rest? If you still have you need to buy ETH and also a mother of crypto is BTC.

I also think that he just based his cryptocurrency purchases on the people around him or he just ask random strangers on what to buy and he basically did buy those suggestions. It is better for you to just keep the BNB and ADA and sell the others and stick to Bitcoin and just wait for further movement of the market so when the market dumps then that is your signal to accumulate more altcoin and don't forget to buy the top altcoins for a small diversification.

[jacafbiz]

this is my current investments. do u have any suggestion

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

Calculating the total value fo your assets posted above, that means you sold it for $110k or more. If I were to be you, I won't invest into NEO, XEM and XRP. Bitcoin will be in it and my allocation would be 40% or more, it might not give the return on investment that some Altcoins would give but   there is quarantee with time I will get my investment back.

[Battareus]

I don’t think the best time to invest in altcoins is because Bitcoin has begun to fall.

[akungagal]

you are brave enough, but you shouldn't have to sell a house to buy something that is very risky. you could lose half or lose all of your money if you make the wrong decision. i hope you have thought of all the risks that you will accept in the future and will not regret if you experience something that is beyond your expectations.

i think the coins you chose are good enough and i hope you are in the right time to buy and sell them so you don't lose your money.

[cybernetik7]

First of all, you have made a great investment and I can suggest you to have to work with a professional. Then a portfolio without ETH and BTC is completely risky . You should remove XEM and NEO from the portfolio and add ETH and BTC.

[Faxmate]

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.

No doubt, trading is nothing like simple investments, especially when it comes to assets that show huge changes in small periods. However, One can buy a whole mansion out of the benefit he can earn from digital assets. Like you said, he must start his list from bitcoin and then go with altcoins like Ethereum as these have stayed in the market for long now and majority has earned huge amounts by trading as per the rule, “Buy Low, Sell High”.

[terencio]

Why don't you add bitcoin to your portfolio? Theirs is a popular article before he sold all his estate and bet big in cryptocurrency. I don't have an update about him, but I hope that you'll succeed , this might be a hard choice to make.

[Anonylz]

this is my current investments. do u have any suggestion

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

If I will be selling my house and turning myself homeless for who knows how long, I will choose my investment wisely, i don't know why you exclude btc from your list, that would have been the top of your list,
Anyways, here is my opinion, I will put 70% on btc and 30% on bnb, seat back and watch my investment grow, this two am confident about, rest has a good chance but btc and bnb are more solid investment.

[ardentvolcanoes]

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.

No doubt, trading is nothing like simple investments, especially when it comes to assets that show huge changes in small periods. However, One can buy a whole mansion out of the benefit he can earn from digital assets. Like you said, he must start his list from bitcoin and then go with altcoins like Ethereum as these have stayed in the market for long now and majority has earned huge amounts by trading as per the rule, “Buy Low, Sell High”.

Trading needs to have very deep knowledge before jumping inside, Likewise with any investment if you don't have any ideas all of your investment will flew away ending you up with nothing. Crypto investment is another way to increase your money, if you have the right perceptions and you are keen to succeed, you can earned whatever you desire if you will invest with right  project that have good future usages.

[Crypto5060]

First, I want to believe you are not serious about selling your house to buy altcoin because it's not one of the best investment decisions anyone could have made. But I do hope you understand the risks associated with crypto.

[mr_random]

While reading this I remembered the guy who sold his house for investing in the BTC way back to December 2017. Right after this news, media started to ask the same questions which you answered here and the price plumbed to the low levels which until today the sideway trading cycle was not broken. Investment decisions have to be carefully analyzed by the investor but selling house for more amount of holdings is not smart idea, to be honest.

[poornamelessme]

While reading this I remembered the guy who sold his house for investing in the BTC way back to December 2017. Right after this news, media started to ask the same questions which you answered here and the price plumbed to the low levels which until today the sideway trading cycle was not broken. Investment decisions have to be carefully analyzed by the investor but selling house for more amount of holdings is not smart idea, to be honest.

There used to be several such stories, or I should say threads here, of some fellow selling his house, or all of his belongings, or inheritance and putting it all into BTC or an alt coin. Many were troll attempts, 'Oh woe is me, I lost half of my money already! My wife left me! Oh noes...'  -- which kind of backfired as trolling when BTC went crazy in 17/18.

As for the OP, I won't say he's right or wrong. But I sure hope his house was just a small part of his total holdings. If someone is super rich and wants to put a house worth of money into crypto, that's fine ... if that is everything someone has, kind of a big risk there.

And as others have stated, I would recommend at least some of those funds be put into BTC.