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Author Topic: I have $150,000 US dollars and my target is a 10x gain. Stop me going all in now  (Read 745 times)
Skieleton
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April 17, 2021, 05:51:11 PM
 #61

Hi there,

First, a little about me.  I am a first-time investor to crypto.  However, I have had a few stocks (Roth IRA stuff) and tech stocks and overall have made the average 8% return over about 8 years.  I now have 150,000 to scrape together.

Principles:  I have a high risk profile.  I am patient up to 10 years.  I could buy and hold.  I do believe this 2021 is a once in a lifetime year.  The gains next cycle will be much less in 4 years.
I do believe that earlier is always better.  Did I say I have a high risk profile?

I have a few specific questions and I know it's just your opinions.

1.  Starting today on April 10, 2021 if I invested 150k in bitcoin, how much do the gurus expect me to have in 1, 2, 5, and 10 years?  Like would any idiot who just invested today and didn't sell expect a 5x increase within the next 10 years?
2.  I would use dollar cost averaging, but over what time horizon?  Invest 150k over the next six months?  Or just invest it all today since we all know it's going up?
3.  I could withdraw the old retirement fund and get the initial investment up to 300k.  Would you go all in using that?  I would not have much of a backup plan for retirement if this is the case, but like I said I have a high risk profile.  I do believe this is once in a lifetime.
4. If I want to pursue some alt coins, and again, I have a high risk profile, what % mix would you recommend?  33% alt-coins and 66% bitcoin, or 50-50, etc? 


Thank you!!

I think you have to persevere! Will see price forecasts:

Forecasts of BTC to USD for January 2025.
Initially, the price is $ 147,412. Maximum price $ 182,968, minimum price $ 147,412. Monthly average of $ 162,198. Bitcoin price forecast at month end $ 170,998, January up 16.0%.

Bitcoin price forecast for February 2025.
The initial price is $ 170,998. Maximum price is 20,076 USD, minimum price is 170,998 USD. Monthly average $ 183,232. Bitcoin price forecast at month-end $ 188,856, up from 10.4% for February.

BTC to USD forecasts for March 2025.
At the beginning, the price is $ 188,856. Maximum price $ 234,408, minimum price $ 188,856. Monthly average $ 207,798. Bitcoin price forecast at the end of the month $ 219,073, change for March 16.0%.

Bitcoin price forecast for April 2025.
At the beginning, the price is $ 219,073. Maximum price $ 271,914, minimum price $ 219,073. Monthly average of $ 241,046. Bitcoin price forecast at month end $ 254,125, up from 16.0% for April

Forecasts of BTC to USD for May 2025.
The initial price is $ 254,125. Maximum price $ 254,125, minimum price $ 214,990. Monthly average of $ 238,603. Bitcoin price forecast at the end of the month $ 231,172, change in May -9.0%.
cydrix
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April 18, 2021, 02:25:52 AM
 #62

That might could work for sometime if you just hold bitcoin for 10years straight just like you truthfully told us I think that might earn some decent money and maybe giving you lots of funds in the future. Having 150,000 to invest in bitcoin is quite big if you ask me but not right now. From my perspective now's not the good time buy. But if you could just wait for the price to went down decently then buy a fair amount of it then hold patiently.
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April 18, 2021, 04:11:51 AM
 #63

Hi there,

4. If I want to pursue some alt coins, and again, I have a high risk profile, what % mix would you recommend?  33% alt-coins and 66% bitcoin, or 50-50, etc? 

Thank you!!

Congratulations!  You already have a plan to launch.
Great opportunity has arrived.  Bitcoin has a great time to buy right now.  I can give you opinion but discourage it if you are not really confident.  Place bitcoin 60%, 20 for ETH and 20% for BNB.  These are the top coins.  It will give you the confidence to get started.  100% into Bitcoin is not a "good" idea in the crypto business.  This is not real estate.

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April 18, 2021, 04:53:27 AM
 #64

Forecasts of BTC to USD for January 2025.
Initially, the price is $ 147,412. Maximum price $ 182,968, minimum price $ 147,412. Monthly average of $ 162,198. Bitcoin price forecast at month end $ 170,998, January up 16.0%.

Well, it looks like the experts' predictions are excellent. I do not see this data citation. If accepted for a prediction, I would initiate a deposit of $ 120k for December this year. Grin

Having 150,000 to invest in bitcoin is quite big if you ask me but not right now. From my perspective now's not the good time buy.
That is the truth. His funding is 10 times that of mine. Lol,  Having a large hedge fund or fund means increased confidence. Not to mention the level of return, but it would be great to experience the investment in this ecosystem.


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April 18, 2021, 06:48:20 AM
 #65

If you really intend to invest in long-term, my advice is to buy Bitcoin right now and don't care about what price you buy Bitcoin. Because if you
really intend to long-term, buying Bitcoin at any price I am sure it will still be profitable, learn from the movement of Bitcoin for 11 years the price of
Bitcoin continues to increase. Of course, it should be safe to buy Bitcoin at the current price and the target of 10x can be achieved, if you are able
to hold for at least 10 years, If you are patient enough to wait that long, do so before you change your mind. And your capital is $ 150k, you should
buy all in Bitcoin, because for the long term I won't buy altcoins. Which for me altcoins are only good for short term investments.

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tbterryboy
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April 18, 2021, 06:57:58 AM
 #66

I have a few specific questions and I know it's just your opinions.

1.  Starting today on April 10, 2021 if I invested 150k in bitcoin, how much do the gurus expect me to have in 1, 2, 5, and 10 years?  Like would any idiot who just invested today and didn't sell expect a 5x increase within the next 10 years?
2.  I would use dollar cost averaging, but over what time horizon?  Invest 150k over the next six months?  Or just invest it all today since we all know it's going up?
3.  I could withdraw the old retirement fund and get the initial investment up to 300k.  Would you go all in using that?  I would not have much of a backup plan for retirement if this is the case, but like I said I have a high risk profile.  I do believe this is once in a lifetime.
4. If I want to pursue some alt coins, and again, I have a high risk profile, what % mix would you recommend?  33% alt-coins and 66% bitcoin, or 50-50, etc? 
1. If you're ready to hold for up to 10 years, then I believe you can easily get 10x returns for your capital. Unfortunately most people are entering with that much plan but when they are seeing 2x or 4x growth, they book profits and exit by not believing in to the actual potential of bitcoins.

2. We are the mid of one strong bull run. You may go all-in at once or DCA in next 2 or 3 months. But, entering slowly up to 6 months may lead you to lose most opportunities.

3. Honestly I will not do that. I believe $150k must be already a big money for anyone to risk.

4. Personally I like to suggest you not to go for altcoins. Investing with all 100% of your capital will not disappoint you. If you still hesitate and too conscious about the diversification then go for 90% in bitcoins and 10% in altcoins.
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April 18, 2021, 07:22:01 AM
 #67

I suggest you try allocating your funds in different time to invest rather than doing a 1 full shot and investing all your capital, if you do this and succeed you will most likely to get a grasp on the market rather than aiming blindly I know there's a lot of prediction and forecasts on bitcoin that flies around but they're hard to evaluate since their different views do not collaborate with each other.

This is to decrease your loss if ever and to increase your profit in the future as long as you started having portfolio if ever wanted to trade or if you want to full invest in bitcoin your past investment experience will definitely help. 10x profit is not that impossible since your capital is high so its better to take it slow.



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KryptoKings
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April 18, 2021, 09:59:01 AM
 #68

 After rumors of the US treasury charging several financial institutions for money laundering using cryptocurrency, crypto market has crashed. This is the best time to enter the market for those who didn't bought below $50k.
The news is not confirmed or denied yet and if it comes out to be true, expect further price fall.
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April 18, 2021, 10:58:16 AM
 #69

1.  Starting today on April 10, 2021 if I invested 150k in bitcoin, how much do the gurus expect me to have in 1, 2, 5, and 10 years?  Like would any idiot who just invested today and didn't sell expect a 5x increase within the next 10 years?

It is difficult to predict the future bitcoin price because no one knows what the crypto market will face. Optimists say that bitcoin may reach the multi-million dollar price point, but some say it will return to zero.
I think you should give your own judgment instead of coming up here and asking for everyone's opinion.


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JohnBitCo
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April 18, 2021, 11:15:21 AM
 #70

Hi there,

First, a little about me.  I am a first-time investor to crypto.  However, I have had a few stocks (Roth IRA stuff) and tech stocks and overall have made the average 8% return over about 8 years.  I now have 150,000 to scrape together.

Principles:  I have a high risk profile.  I am patient up to 10 years.  I could buy and hold.  I do believe this 2021 is a once in a lifetime year.  The gains next cycle will be much less in 4 years.
I do believe that earlier is always better.  Did I say I have a high risk profile?

I have a few specific questions and I know it's just your opinions.

1.  Starting today on April 10, 2021 if I invested 150k in bitcoin, how much do the gurus expect me to have in 1, 2, 5, and 10 years?  Like would any idiot who just invested today and didn't sell expect a 5x increase within the next 10 years?
2.  I would use dollar cost averaging, but over what time horizon?  Invest 150k over the next six months?  Or just invest it all today since we all know it's going up?
3.  I could withdraw the old retirement fund and get the initial investment up to 300k.  Would you go all in using that?  I would not have much of a backup plan for retirement if this is the case, but like I said I have a high risk profile.  I do believe this is once in a lifetime.
4. If I want to pursue some alt coins, and again, I have a high risk profile, what % mix would you recommend?  33% alt-coins and 66% bitcoin, or 50-50, etc? 


Thank you!!


I hope you had not invested all $150,000  on April 10 as that was not the best time to invest when the whole market was up. If you have still have the money, today is the perfect day to take some entries in bitcoin and altcoins as all the market is in a big crash. Its an golden opportunity to buy the dip. You will not get such days in crypto where every coin is in 20% dip.
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April 18, 2021, 11:47:15 AM
 #71

After rumors of the US treasury charging several financial institutions for money laundering using cryptocurrency, crypto market has crashed. This is the best time to enter the market for those who didn't bought below $50k.
The news is not confirmed or denied yet and if it comes out to be true, expect further price fall.

Market movements are commonplace when the movement has been too long to be positive, because as we know that the price of bitcoin itself is almost 5 times higher than last year.

Of course the correction value will also occur and this is a natural thing, I think this is the right time to look for a moment to buy on dips in bitcoin and altcoins.
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May 21, 2021, 04:16:09 PM
 #72

I did go all in and it's working out fine so far. But huge lesson to all: no matter how good the prices are, never invest all of it. Always leave yourself some USDT, at least 10% probably 20%.
Because the market, yes even in a bull market, will ebb and flow. That means it goes up and then down.  Always. There are dips 2-3 times per month, whether in BTC or certainly altcoins.

The reason you want to always have some uninvested  USDT/BUSD is because of these dips.  Like yesterday and today's.   It's basically a 50% hit to many people's portfolios, wiping out months of gains in 48 hours.  BUT, and here is the big BUT: if you left yourself 15% of your money in USDT, you could have bought that dip.  And many of these alts have already gone back up considerably and while you'd still likely be negative (basically anyone who started investing in 2021 probably is let's be honest),  you'd be quite close to breaking even.  Others have no choice but to sit back at the mercy of the market and wait, perhaps an entire month, before they get  back to to break even.   Others will chase risky trades, to try to get out of the hole.

This sort of taking profits, and leaving some USDT on  hand at all times, and constantly expecting dips (check the charts, they always happen with regularity, even in bull markets) overall is the 100% the best strategy, with buy and hold the only other viable strategy to me.  With this incremental, defensive strategy, you minimize wild fluctuations in your portfolio. Very few  people prefer to see 50% gains in their portfolio in a week, only to see 50% losses the next.  Rather, don't try to hit homeruns.  Mostly singles and doubles really adds up.  And there will be no disastrous errors. The up and down swings in your portfolio will be less severe, and I think in the end, your profits  are better protected and your max profits, might even be more long-term than just trying to buy the bottom and sell the top.

TLDR; always leave 15-20% of your portfolio in USDT simply for the reason that dips happen at least twice per month. Being able to buy the dip allows you to get out of the hole quicker, is better for your emotions, and though there are too  many possibilities to quantify, I think over time your profits will be just as good.  The only other viable strategy in crypto is to just buy and hold.  It's alot less work.
7788bitcoin
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May 21, 2021, 07:18:09 PM
 #73

always leave 15-20% of your portfolio in USDT simply for the reason that dips happen at least twice per month. Being able to buy the dip allows you to get out of the hole quicker, is better for your emotions, and though there are too  many possibilities to quantify, I think over time your profits will be just as good.  The only other viable strategy in crypto is to just buy and hold.  It's alot less work.
What you have mentioned here are basic investment strategy as no one invest everything they have and they hold the reserve to invest when the market goes down especially when you are investment when the market is high. Most of the investors in the cryptocurrency market follow the buy and hold method as it is less risky and less stressful especially because of the high volatility.

The other major thing you need to follow is never use stop loss with a huge margin and the prime example was two days ago when the market had a good correction and anyone used the stop loss function might have liquidated their asset and then all of a sudden the market recovered and you might miss investing in it again.
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May 22, 2021, 11:58:48 AM
 #74

Hi there,

First, a little about me.  I am a first-time investor to crypto.  However, I have had a few stocks (Roth IRA stuff) and tech stocks and overall have made the average 8% return over about 8 years.  I now have 150,000 to scrape together.

Principles:  I have a high risk profile.  I am patient up to 10 years.  I could buy and hold.  I do believe this 2021 is a once in a lifetime year.  The gains next cycle will be much less in 4 years.
I do believe that earlier is always better.  Did I say I have a high risk profile?

I have a few specific questions and I know it's just your opinions.

1.  Starting today on April 10, 2021 if I invested 150k in bitcoin, how much do the gurus expect me to have in 1, 2, 5, and 10 years?  Like would any idiot who just invested today and didn't sell expect a 5x increase within the next 10 years?
2.  I would use dollar cost averaging, but over what time horizon?  Invest 150k over the next six months?  Or just invest it all today since we all know it's going up?
3.  I could withdraw the old retirement fund and get the initial investment up to 300k.  Would you go all in using that?  I would not have much of a backup plan for retirement if this is the case, but like I said I have a high risk profile.  I do believe this is once in a lifetime.
4. If I want to pursue some alt coins, and again, I have a high risk profile, what % mix would you recommend?  33% alt-coins and 66% bitcoin, or 50-50, etc? 


Thank you!!

BUY HIGH, SELL LOWER

Welcome to Bitcoin

SUCKER

...

Had you 'invested' doge or shiba back in early april you would have gotten your 10x, bitcoin would have to go $500k to get 10x out of that bitch, the capitalization, would have to go to $15T USD, about the same size as USA economy. Why in hell does irrationality dominate btc? Had u 'invested' in btc in Early april, today you would see a 25% loss, enjoy the ride to hell.

'cash is trash' to quote dalio; nobody on earth knows where to put his cash these days, best is to diversify,

anybody who think they can get 10x is a 100% moron, you need to study history, sure if you dabble in 100 things, u might have one 'ten bagger', but its what they call a tail on the bell-curve, smart people know they're lucky to get 5% risk-free, that is doubling every 12 years, 2x; so you get your 10x at about 24-36 years. 2x,4x,8x,16x

In crypto, 90% of all who play, lose 100% of their stake the first 90 days, FACT

This site is largely paid influencers, and old-timers who just enjoy the ride. Crypto is a hobby for most, hell it can go down one year 90% and then back up 10x; Of course right now we're at a high, so this is  a terrible price point to jump in, biggest problem is most people can't be patient

"A fool and his money are soon departed" the truest words in human finance.

If it were easy to get rich, everybody would be rich ( they're not ), most people who come into money lose it the first few years they obtain it, guys that don't spend money, are the ones who accumulate. Buy say 90% of your cash in BRK.A, and take 10% and buy stuff like doge, shiba, & ilk its the penny alt-coins that go up 10x in crypto; learn something, if you still like the game then stick around, if you lose your $10k the first 90 days like 99%, then quit while your ahead.
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May 22, 2021, 12:02:09 PM
 #75

always leave 15-20% of your portfolio in USDT simply for the reason that dips happen at least twice per month. Being able to buy the dip allows you to get out of the hole quicker, is better for your emotions, and though there are too  many possibilities to quantify, I think over time your profits will be just as good.  The only other viable strategy in crypto is to just buy and hold.  It's alot less work.
What you have mentioned here are basic investment strategy as no one invest everything they have and they hold the reserve to invest when the market goes down especially when you are investment when the market is high. Most of the investors in the cryptocurrency market follow the buy and hold method as it is less risky and less stressful especially because of the high volatility.

The other major thing you need to follow is never use stop loss with a huge margin and the prime example was two days ago when the market had a good correction and anyone used the stop loss function might have liquidated their asset and then all of a sudden the market recovered and you might miss investing in it again.

Well they call it 'stop loss' for a reason. You also have the word 'margin' which means IDIOT or MORON in the security's world.

Let's your profits rise, and kill your losses early. Automated loss protection is a good idea, margin is never a good idea, unless your a get rich quick moron.

The greatest losses in human history on the stock-exchange are all tied to 'margin' where the house sells you out at the 1/2 loss without even the courtesy of a phone call. Great depression 10x margin was common 10% market decline, ppl jumped out of windows.
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