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Author Topic: Sold my house for buying altcoins need your help  (Read 4838 times)
biddicoin
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January 07, 2020, 06:39:17 AM
 #441

selling house to buy altcoin is really bad decision. actually you can borrow in bank if you think you can get profit. and if it happen, you must spend your big portion to bitcoin, because it have big chance to give you more profit than altcoin
It is really not a good decision to sell a house in order to just buy altcoins, the risks are too high we should be aware of that. I will only invest the money that I can afford to lose and not the money that I know that I will regret if I lose it. It is also preferable to make investment with bitcoins than in altcoins because the risks are lesser. Buying altcoins is good but we should make sure that we are buying potential altcoins and not the shit ones.
I am sure that OP has considered many things before doing invesment. He knows for sure the risk in the future
I just be positive, not skeptical in this case. bcz selling house is 'big' decision to make

I agree that buying altcoin is not recommended atm, we are better to wait until altseason then we can buy altcoin
Bitcoin is good choice IMHO, It is one and only one coin which I think suitable for buying to long term

 
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shoreno
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January 07, 2020, 06:49:35 AM
 #442

selling house to buy altcoin is really bad decision. actually you can borrow in bank if you think you can get profit. and if it happen, you must spend your big portion to bitcoin, because it have big chance to give you more profit than altcoin
It is really not a good decision to sell a house in order to just buy altcoins, the risks are too high we should be aware of that. I will only invest the money that I can afford to lose and not the money that I know that I will regret if I lose it. It is also preferable to make investment with bitcoins than in altcoins because the risks are lesser. Buying altcoins is good but we should make sure that we are buying potential altcoins and not the shit ones.
I am sure that OP has considered many things before doing invesment. He knows for sure the risk in the future
I just be positive, not skeptical in this case. bcz selling house is 'big' decision to make

I agree that buying altcoin is not recommended atm, we are better to wait until altseason then we can buy altcoin
Bitcoin is good choice IMHO, It is one and only one coin which I think suitable for buying to long term

same thoughts we have  . every people that risk big such as the op and others that sold thier houses for crypto did do a big consideration before they do such insane things    . it also depend on what altcoin he picks up because there are still good alts that can do miracles especially if let idle for a longer period of time  .  before there was also a guy that sell his house and lot for btc ,  whats more amazing is that the family look happy based on thier pictures while they are now living on cave  and waiting to sell   .
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January 07, 2020, 07:00:54 AM
 #443

this is my current investments. do u have any suggestion

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



You can try to invest some of your money to bitcoin also because we all know that even though the price of bitcoin is going up or down, its price is easy to recover as time goes by so I would suggest that invest some of your money into it. Also, you can try the ETH and Ripple because they are the most trusted coins as of now based on the ranking system of the market.
but in the altcoin list invested it's good enough in my opinion, and everyone has their own way of investing. the reference you said is quite good, but he has his own choice and the crypto list that you say can be a reference that can be examined again by him. and the references you say also include coins that have potential as well
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January 07, 2020, 09:21:04 AM
 #444

this is my current investments. do u have any suggestion

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


I only see BNB is a good token in the list of your investment. XRP is just a token for the transaction fee, so I don't recommend it for long-term investment. Besides that, you must know many people lost their house just by they have invested in cryptocurrency, especially you're wanting to invest in Altcoin - which place has huge scammers and hype projects.

Honestly, I hope you can consider carefully again before doing that. I have many friends who did the same, and I knew what the result will happen after all. Undecided

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January 07, 2020, 11:40:18 AM
Last edit: January 07, 2020, 11:54:09 AM by plvbob0070
 #445

selling house to buy altcoin is really bad decision. actually you can borrow in bank if you think you can get profit. and if it happen, you must spend your big portion to bitcoin, because it have big chance to give you more profit than altcoin
For me, it is also a very bad decision and as a human shelter (house) is one of our physiological needs. Maybe, borrowing money in the banks or in your friends is a perfect idea if you are going to buy altcoins. Aside from that, you can also join a bounty campaign here where they will pay you with altcoins.

this is my current investments. do u have any suggestion

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


I guess you have a great investment because you already invest in ripple and binance coins which are also great that also have potential in the future. Then, If I were you try to add some investment in bitcoin because you can really earn a great profit once the bull run started. And, to the OP you really have a good investment and after you earn profit from your investment try to buy a new house then make again an investment which you will not risk your house.
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January 10, 2020, 05:01:17 AM
 #446

this is my current investments. do u have any suggestion

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


Even if you had invested everything in bitcoin I would have thought it was a terrible idea since it does not seem like you know what you are doing, but you invested in altcoins and while I recognize all of those coins the only one I think will have a good performance during the next months is BNB all the rest of the coins in which you invested are not sure bets and there is a good chance you will lose your money and that is a terrible thing since you invested so much money in the market.
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January 10, 2020, 05:22:41 AM
 #447


You can try to invest some of your money to bitcoin also because we all know that even though the price of bitcoin is going up or down, its price is easy to recover as time goes by so I would suggest that invest some of your money into it. Also, you can try the ETH and Ripple because they are the most trusted coins as of now based on the ranking system of the market.
if I were him, I might have invested 50 to 70% of the assets I owned into bitcoin. the rest are ethereum and BCH. the price increases that occur prove that bitcoin is really worth taking precedence over other assets. maybe investing in altcoin is quite profitable when the price goes up, but the potential for very high increases is in bitcoin.


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January 10, 2020, 06:22:10 AM
 #448

You choose a good coin to investment.
but your action of selling you house is too very risk and look very improper

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January 10, 2020, 06:33:57 AM
 #449

You choose a good coin to investment.
but your action of selling you house is too very risk and look very improper

It is but everyone has different way of investing, there are people who really take some big risk and in fact they really achieve big as well.

For instance, https://twitter.com/cz_binance/status/1187466454209196032


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January 10, 2020, 06:45:29 AM
 #450

how many houses do you have now? if you have several houses and there are unused ones, please sell them. but if you only have one house and you will sacrifice to buy crypto, I think this is the worst idea I've ever heard. The portfolio that you have currently is quite good in my opinion (BNB, EOS, XRP). my advice, use other ways to buy crypto, because the crypto market has a lot of risks. You can set aside money from income (salary).
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January 10, 2020, 09:01:17 AM
 #451

Wow, you have a portfolio of good coins. But sadly, you have sold your house to purchase these coins, whose future is not an easy way. I can do nothing in this regard. But I want to give you suggestion that you should not sell your assets or borrow money just to buy digital coins. You can invest how much you can afford to lose. Good luck.

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January 10, 2020, 09:14:23 AM
 #452

I do not think it is a good idea to make a portfolio without Bitcoin. BTC is the safest investment on the cryptocurrency market and it should be in every portfolio, so I would buy BTC for 50% of your funds.
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January 10, 2020, 09:33:22 AM
 #453

You choose a good coin to investment.
but your action of selling you house is too very risk and look very improper
Right, because basically investing is not required to sell assets that already exist, let alone those assets are the homes where we live, unless we have many other home reserves.
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January 10, 2020, 09:54:24 AM
 #454

You took a very risky step, for example, I wouldn’t do that,
cryptocurrency is always a risk, and you need patience,
in different countries they are trying to ban cryptocurrency,
I want to wish you only good luck,
I want you to achieve your goal, and your risk has paid off.
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January 10, 2020, 11:09:33 AM
 #455

You choose a good coin to investment.
but your action of selling you house is too very risk and look very improper
Right, because basically investing is not required to sell assets that already exist, let alone those assets are the homes where we live, unless we have many other home reserves.
Its best to only invest what we can afford to lose and selling the house where we live is quite risky regardless how profitble the investment is. But I admire his guts for taking such actions, it only means he has a big trust to crypto investment.

Whatever coins you invest in, make sure you know everything about it especially you allocate huge amount for each coin.

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January 10, 2020, 01:57:51 PM
 #456

You choose a good coin to investment.
but your action of selling you house is too very risk and look very improper
Right, because basically investing is not required to sell assets that already exist, let alone those assets are the homes where we live, unless we have many other home reserves.
Its best to only invest what we can afford to lose and selling the house where we live is quite risky regardless how profitble the investment is. But I admire his guts for taking such actions, it only means he has a big trust to crypto investment.

Whatever coins you invest in, make sure you know everything about it especially you allocate huge amount for each coin.
I just feel this is a blind courage right when I look at the name of this topic, an asset that can be considered as the dream of so many people who have been sold just to invest in an unsecured field, I'm wondering if he can predict the worst tragedies or is he just smiling that he's on the right track and will succeed. Selling all for altcoin and bitcoin is no longer a rare case until now, and the number of people can return to the topic they created then proud of their achievement, perhaps just a few lucky people invest early, most of them were missing and did not want to face the path they took

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January 10, 2020, 02:04:30 PM
 #457

I hope you have more real estate? Of course I believe in cryptocurrency, I hope for its rise, but I would not sell the only house. And so yes, I agree with people, buy bitcoin. Invest 30-40%. Also, I did not see the ethereum, why didn’t you take the ether? as for me this coin is obliged to rise several times.
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January 10, 2020, 02:21:05 PM
 #458

I hope you have more real estate? Of course I believe in cryptocurrency, I hope for its rise, but I would not sell the only house. And so yes, I agree with people, buy bitcoin. Invest 30-40%. Also, I did not see the ethereum, why didn’t you take the ether? as for me this coin is obliged to rise several times.
Everyone obviously has an analysis in doing their work, although other people accept our advice, but they also have their own views that they must carry out, and I see you asking too much in asking, if I may know why we should have more real estate ? Is it because of the many benefits? or other?
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January 10, 2020, 02:39:33 PM
 #459

I hope you have more real estate? Of course I believe in cryptocurrency, I hope for its rise, but I would not sell the only house. And so yes, I agree with people, buy bitcoin. Invest 30-40%. Also, I did not see the ethereum, why didn’t you take the ether? as for me this coin is obliged to rise several times.
Everyone obviously has an analysis in doing their work, although other people accept our advice, but they also have their own views that they must carry out, and I see you asking too much in asking, if I may know why we should have more real estate ? Is it because of the many benefits? or other?
Why would you choose to sell your house just for buying bitcoin? If you're gonna do that you are making a real big mistake. You have your own house then suddenly you will sell it for nonsense reason. Much better if you find money and invest here for the bitcoin than selling your house.

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January 10, 2020, 04:05:19 PM
 #460

Another story that we should never play/trade/invest on the last money (if this story is true, the very saboy). But at its core, they are all similar-people are trying to invest in altcoins in the hope that some of the coins they invested in will become the new bitcoin.
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