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Author Topic: Sold my house for buying altcoins need your help  (Read 4838 times)
btcdie
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October 25, 2019, 06:14:23 PM
 #301

this is my current investments. do u have any suggestion

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


wow, what is your motivation that dares to take that decision?
selling a house to invest in altcoin, the risk is very great in my opinion, let alone the list of coins that you buy altcoin all. why don't you buy bitcoin, even though bitcoin is very real for the future. I think it should be 65% to buy bitcoin and the rest is up to you, maybe local stocks are good too in my opinion. really that's a very big risk.

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October 25, 2019, 06:38:03 PM
 #302

this is my current investments. do u have any suggestion

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


Buy bitcoin before halving happens, you should buy bitcoin with 40% of your capital. Inserting large coins into a portfolio does look promising. You also have to estimate how long you will trade and measure the feasibility of the benefits to be gained.

You have a large capital by selling the house, but do you still have a place to live? don't push yourself in a risky investment too much.

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October 25, 2019, 08:35:09 PM
 #303

It’s even scary to imagine selling the only housing for altcoins. It is not known when the cryptocurrency market will go up and whether there will be a big growth ever - no one will answer you. But in the world there are such desperate people who are not afraid to take risks. I wish you good luck.
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October 25, 2019, 08:49:58 PM
 #304

this is my current investments. do u have any suggestion

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


Well, you purchased good altcoins, but you should not have sold your house for that. It is quite risky. You never can tell what will happen, since cryptocurrency is sometimes unpredictable.
You must now learn how to effectively manage your fund.
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October 25, 2019, 10:31:09 PM
Last edit: October 26, 2019, 10:16:20 PM by mprep
 #305

While the choice of what to do is totally yours considering you are an adult but I still find it incredible that someone could have taken such decision considering that crypto-currencies ecosystem is such a volatile environment



It takes someone who really understand the potential in crypto-currencies to have made such an audacious move , crypto-currencies as we are told is the highest performing asset in terms of returns on investment for the year. So maybe it is a good decision on your part



I think it is a risky decision that you made but in life we have to take the risk once in a while the higher the risky the greater would be the returns if the risks comes through
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October 25, 2019, 10:41:16 PM
 #306

While the choice of what to do is totally yours considering you are an adult but I still find it incredible that someone could have taken such decision considering that crypto-currencies ecosystem is such a volatile environment
Starting from these ages will definitely help young people to understand the meaning of financial literacy and the crypto environment. These decisions lead to be financially free without being a slave to slavery capitalism and he can jump out to the next side of the rich world as an opportunist. The made choices are not bad for the starting package altcoin portfolio but choosing the top altcoins is less risky at the same time with lower rewards in my opinion.

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October 26, 2019, 01:02:54 AM
 #307

woww.. Thats really deep bro.. I'd say that if you are still well off and not suffering or homeless in any way,you just gotta keep hodling on
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October 26, 2019, 03:29:35 AM
 #308

this is my current investments. do u have any suggestion

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


I think you should invest more in BNB and NEO or BTT. invest in technology businesses in China because the Chinese government has just spoken out that it will actively support crypto businesses.
This is a very good condition for a strong future bull run for Chinese coins. I believe BNB will soon return $ 23.5 in a week. This is a good time for you to adjust your portfolio because the market has just grown over $ 42 billion. Wink

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October 26, 2019, 04:36:55 PM
 #309

this is my current investments. do u have any suggestion

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



I advise you to only invest in BTC, ETH and BNB because I'm sure only BTC, ETH and BNB will continue to survive and of course it will increase very high soon, so it will give you a very big profit and make you become rich.

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October 26, 2019, 04:48:37 PM
 #310

Altcoins will surely bring huge profit in future but taking this decision is a very risky choice, but i am doubting if that is the only house you got because i never imagine you'd sell your only house and go out to rent apartment

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October 26, 2019, 04:49:59 PM
 #311

this is my current investments. do u have any suggestion

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


Are you that in love with crypto, that you had to sell a physical asset such as your house to invest bin digital asset, such as cryptocurrency? Well, let me assume that you have so many house that you feel like disposing at a giveaway price and that you can risk without putting into consideration what the outcome might be.
I will advise that you  monitor your assets closely and sell as soon as you discover a minimal profit to buy back what you sold off.
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October 26, 2019, 05:16:01 PM
 #312

I don't believe you are selling house to invest in crypto, investing in crypto has a very high risk. And i advise you dont to put all your money in crypto because maybe in the future you will need money for your life

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October 26, 2019, 05:28:20 PM
 #313

Investing in altcoins now you can live in them for a long time, although this is only a guess. Also I would like to add to your list of bitcoin and ethereum, in my opinion they are more reliable asse. It's probably a trivial suggestion, but it does not mean that it is not correct.


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October 26, 2019, 05:31:13 PM
 #314

Sold my house for buying altcoins need your help

Whatever you do, make sure your coins will be 100% secure. If someone steal them from you you will have no house and nothing. No matter what coins you will buy. Telling people you are buying is already a mistake.
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October 26, 2019, 05:33:39 PM
 #315

this is my current investments. do u have any suggestion

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



I advise you to only invest in BTC, ETH and BNB because I'm sure only BTC, ETH and BNB will continue to survive and of course it will increase very high soon, so it will give you a very big profit and make you become rich.
the others coins survive in this bad market too, so why dont you recommend them?
all coins in the list is good coins, they are top coins which have big community, big marketcap, trusted coin
the decision to choose those coins are right, but the decision to sell home is wrong

 
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October 26, 2019, 05:34:38 PM
 #316

This is just a shitpost being used by people to farm posts for signature campaigns Smiley You can easily see this by looking at the last ~20 posts on this thread, one guy even triple posted with 3 posts in ~10 minutes. Not saying that all of them are post farming, but most are.

There is absolutely no chance that anyone would be silly enough to sell their house to invest in altcoins. Theoretically if you did actually have 110k from selling your house, I would suggest rather than investing 20k into 5 altcoins and 10k into XRP, perhaps re-investing that 110k into a house that you can actually live in...

BA Computer Science, University of Oxford
Dissertation was about threat modelling on distributed ledgers.
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November 02, 2019, 05:51:22 PM
 #317

Why you didn't think before you sold your house? You believe some random people here that will tell you a good tip what to buy? You're naive and that is the best way how to loose all your funds.
Probably you heave heard about the family that sold everything and bought BTC, but this already happened and you will not be as famous as them, so I really do not understand why did you this.  Cheesy


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November 02, 2019, 05:58:04 PM
 #318

my suggestion is to delete XRP from your list and change it to ethereum because ethereum is one of the second largest altcoins in the cryptoqurrency industry. As for other things, I'm surprised if you really sell your house just to invest in Altcoin.
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November 02, 2019, 05:58:56 PM
 #319

Why you didn't think before you sold your house? You believe some random people here that will tell you a good tip what to buy? You're naive and that is the best way how to loose all your funds.
Probably you heave heard about the family that sold everything and bought BTC, but this already happened and you will not be as famous as them, so I really do not understand why did you this.  Cheesy

It's very stupid to sell a house to buy bitcoin and altcoin I think it's not a good way, there are still many ways to get capital here if you work hard and don't make decisions like that and it will make you lose, I am also surprised at the OP why him had think like that.

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November 02, 2019, 06:05:12 PM
 #320

why don't you set aside your salary every month to invest in crypto. I think investing in crypto is a very high risk, if it's wrong you can lose your money.
but if you are sure, in my opinion only 3 altcoins (including bitcoin)

50% BTC,  25% ADA & BNB
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