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Author Topic: Sold my house for buying altcoins need your help  (Read 4838 times)
Christinebeauty
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October 06, 2019, 06:47:07 PM
 #201

But how could you take such a huge risk. Selling a whole house to invest in this volatile business is way too risky. What if you wake up tomorrow and your Wallet has been hacked. Never in your life invest in crypto with any amount more than you can afford to lose

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October 06, 2019, 06:54:10 PM
 #202

Could you please put some of your funds for bitcoin? Bitcoin halving is near and it would be a good opportunity to buy bitcoin at low price.

To where are you living now? I can't believe that you literally sold your house for investments in cryptocurrency. Although this might be a good idea once the market blooms. But, what if the risk you took could not bloom as you are expecting?

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October 06, 2019, 07:08:13 PM
 #203

Diversification is good, so there is some chance that at least one of the coins will sketch upwards.
I wish you great luck, because such a risk deserves to be rewarded.

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October 06, 2019, 07:11:54 PM
 #204

You made good investment, BUT no matter - if market will continue to fall down, every investment could lose! Waiting for good and green market! I have investments too
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October 06, 2019, 07:25:20 PM
 #205

this is my current investments. do u have any suggestion

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


You're bold and crazy on the same time but if 2 of them explode in price you just got yourself a mansion I guess hehe. Also investing into BNB I don't think was a good idea but the rest of them are okay on the long term run. Make sure you won't panic sell when the bull run will begin and also don't panic sell if they will drop in price even further. I will bookmark this post and come back 2 years from now to congrats you for this bold move.

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October 06, 2019, 07:29:09 PM
 #206

I want you to know that bitcoin halving will happen next year. Only 200+ days left before it happens. This is why I highly suggest that you should buy bitcoin so that you can earn a lot by the time comes. Selling your house is a bold move yet not a wise one. I hope you're not homeless lol.




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October 06, 2019, 07:44:53 PM
 #207

this is my current investments. do u have any suggestion

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



Many men, many minds. Please do your own research and never depend on anybody in case of money. And in crypto, you are all alone. You already have invested $110k and now you are asking for help! If I were you, I would seek some suggestions before I made my investment. I think you already have made your mind and invested hell lot of money. NEO, XRP and BNB are giants. But I prefer btc above all. BTC is king and more stable than alts. But no risk no gain and you have taken risks, hope you will make good profits out of it.
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October 06, 2019, 07:47:01 PM
 #208

This isn't the first time to find someone who sold their house and bought cryptos.

I remember back in the 2014 bear market someone sold their house and bought BTC at $500 a coin and had it eventually reach $150 at one point. Surprisingly the guy never took the loss and went into profit in 2015, I don't remember his nickname but he is super rich right now.

Then in 2017 some guy sold his house and his family started to live in an RV. He bought BTC at $3000 or so and hopefully took profit when it hit $20000. Eventually the risk paid off.

Selling a house to buy alts however is pretty crazy I must say.

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October 06, 2019, 08:03:24 PM
 #209

this is my current investments. do u have any suggestion

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


That could be a strategic way, splitting the altcoins you are going to buy from the money you got from selling the house but also at the same time it is very risky. You should take some time and find some real good altcoins if you are already decided on your investment. You can also try on bitcoin right now and see if it will pay off later on.
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October 07, 2019, 03:36:58 AM
Last edit: October 07, 2019, 02:22:07 PM by posi
 #210

this is my current investments. do u have any suggestion

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


That could be a strategic way, splitting the altcoins you are going to buy from the money you got from selling the house but also at the same time it is very risky. You should take some time and find some real good altcoins if you are already decided on your investment. You can also try on bitcoin right now and see if it will pay off later on.
Selling ones house in other to invest all the fund in altcoin is a lame strategic cause the altcoin market are highly manipulated and Bitcoin halving is around the corner which usually lead to a wonderful profit if invest in Bitcoin.
Note: i support the part of you selling your house cause investing the amount ones can't afford in any investment settings is not advisable

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October 07, 2019, 03:40:15 AM
 #211

Do you other income passive money sir without have your house? Did you think is too risk with your family because you want to sell your house and buy altcoin, but I am glad your interested with bitcoin and altcoin investment, but your source investment is not good for your future you want to sell your house.
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October 07, 2019, 07:35:53 AM
 #212

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, your investment is good and you only need to observe every movement of the price of the coin to make your next decision or you can say to monitor the state of the coins you hold and to avoid failure or loss. Maybe I just suggest you to invest in BTC too, we know BTC is very good to invest and I think everyone will also prefer to invest in BTC.

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October 07, 2019, 08:49:59 AM
 #213

this is my current investments. do u have any suggestion

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


Reserved.
Don't spam threads with reserving posts. Nobody has anything to repl to you with that.
Looks like in a scenario where he is applying for a campaign that wants to quickly applied, but, his that post by the was already edited.  Grin
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October 09, 2019, 06:09:23 PM
 #214

In the event that you are not in a loss, I prescribe you to sell those and invest in just in Bitcoin. Try not to invest your money however Bitcoin at the present time, the market is exceptionally terrible and everything can go down at any minute. Some of them may vanish as a result of this steady dump, then again Bitcoin will stay more grounded even after the landfill.

you are selling your home, and I expect that is the main your fortune left. So I profoundly prescribe you to just buy Bitcoin and guard you.

it is extremely distressing in holding Altcoin and furthermore it is terrible for our wallet too at nowadays.

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October 09, 2019, 06:36:15 PM
 #215

I usually listen to suggestions before investing, not after. What to say, reach your goal and sell.
Selling house for investment purposes is not a wise idea but you chose some great coins.
Main rule is invest money you can afford to lose, for some investors it is house which they can afford to lose  Roll Eyes

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adaseb
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October 09, 2019, 07:26:36 PM
 #216


In my opinion, your investment is good and you only need to observe every movement of the price of the coin to make your next decision or you can say to monitor the state of the coins you hold and to avoid failure or loss. Maybe I just suggest you to invest in BTC too, we know BTC is very good to invest and I think everyone will also prefer to invest in BTC.


His investment is not good. The smart people are basically doing the complete opposite, they bought BTC and alts back in 2016-2017 and they sold... to buy a house. This guy is doing the complete opposite and selling his house to buy BTC and alts.

You can't just say to "monitor the state of the coins and hold to avoid loss". Unless he bought some put options which is not possible for any coins except BTC and ETH. If one day the alts have a 20% red day, what will he do? Sell when it goes up 20%? What if it never goes up 20% ?

Sure its easy investing when your investment either stays at break-even or goes up. However what do you do if it starts to go against you?

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lab rat hoax
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October 09, 2019, 10:13:54 PM
 #217

this is my current investments. do u have any suggestion

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



Your transaction is really risky, but I guess your timing isn't too bad. Because most of the altcoins in your portfolio have risen since October 1, 2019. I hope you will be profitable. But watch out, the danger has not yet passed in the market. Bad times for altcoins may come again you have to be careful for this.

Also the coins you buy are really very good quality, there is no reason why you should not be profitable in the long-term. I just said it was risky because you invested a lot of money and sold your house, So if things go bad you have a lot to lose, friend. be careful please!

rebrik7
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October 11, 2019, 11:18:12 AM
 #218

this is my current investments. do u have any suggestion

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


You're bold and crazy on the same time but if 2 of them explode in price you just got yourself a mansion I guess hehe. Also investing into BNB I don't think was a good idea but the rest of them are okay on the long term run. Make sure you won't panic sell when the bull run will begin and also don't panic sell if they will drop in price even further. I will bookmark this post and come back 2 years from now to congrats you for this bold move.
It would be generally cool if the author created his own crypto portfolio on the site like block folio etc. And also showed addresses with coins that we knew for sure that all this was true.
Then the experiment could be called clean.

 
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October 11, 2019, 11:31:21 AM
 #219

I would strongly urge you to sell and buy back your house. The altcoins market is still dead and may be dead for a Long time. Such risks aren’t worth it
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October 11, 2019, 11:32:28 AM
 #220

I usually listen to suggestions before investing, not after. What to say, reach your goal and sell.
Selling house for investment purposes is not a wise idea but you chose some great coins.
Main rule is invest money you can afford to lose, for some investors it is house which they can afford to lose  Roll Eyes

Yes, OP invested in the wrong way which it is not a good idea to sell the house for investments, we have to listen before investment and it will really help to find the best potential and after investing we have to wait for the market recovery. Whether he invested in potential coin definitely he is going to make good amount of money.
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