Earn an apartment in a bear market

[Jocuserious]

You can't just assume that you will buy an apartment with that investment profits, it's a matter of swimming in the ocean without actually knowing how to swim. Simply put there is no fixed return on investment and not all of your holdings of coins may give you a profits. There are many coins that are unable to increase in price even after entering a bull market.

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[Wapfika]

Ready to invest $500 per month.
Advise on the best way to fix profits and what kind of cryptocurrency to buy. Now the markets have fallen - it's time to buy.

100% your capital to Bitcoin and forget about shitcoin if you want to hit your target profit safely. Bitcoin outperforms all altcoin in the market in overall price growth while the Bitcoin halving is already next year which potentially will give a price boost to the price of your investment.

Investing on shitcoin might hurt your investment incase some of them face a major serback due to failed development and lawsuit from SEC. Bitcoin is proven a safe investment on crypto space. Forget about volatile assets like Shitcoin and focus to a solid long term investment for your dream apartment.

[ASCDO21]

Thanks for the comments. In fact, I am familiar with crypto in 2017 when I was a student with no money. At that time I received good bounties for a $8000 Datum coin, but due to greed I did not sell it and it began to cost about $0 =)))
Now I am more confident on my feet financially and ready for the fact that the only simple income is accumulation during the bearish cycle and profit taking during the hype. I understand that there is no fixed income other than the contribution, but I am considering a more investment attractiveness of the project. As for profit taking, there are many different strategies, but I can’t determine which one is more correct. Also, I have no problem waiting for growth, I can wait a year, two, three for a bull run.
I also understand that it is very difficult to get x22 in one cycle, but if I can get at least x10, that would be great!

[Yaunfitda]

Hi all.
I decided to set myself a goal - to save money for an apartment with the help of cryptocurrency. The cost of the apartment is $130,000.
At the moment there are 6000$ in cryptocurrency
My portfolio consists of BTC,ETH,XRP,SOL,DOT,XLM,ADA

Ready to invest $500 per month.
Advise on the best way to fix profits and what kind of cryptocurrency to buy. Now the markets have fallen - it's time to buy.

I guess you don't need financial advises already, you have set your goal and stick to it. And it seems that you have set a good portfolio already, maybe except for XLM, the rest are good crypto's in my opinion.

So the next best thing is to execute it perfectly every month, step aside $500 of yours and so be it. Just make sure though that you have it in a hardware wallet as this is huge money that you are investing so you have to protect your assets.

[ASCDO21]

There's no fixed profit, the only thing you can make fixed profit in cryptocurrency is you buy a stable coin and stake it to earn like 5-20% APY. Since it's a stable coin where the price always stick with $1, you can calculate the profit as long as you're not get scammed.

How long you will invest in cryptocurrency to buy an apartment? right now the cost is $130,000, but in the next year maybe the price will increase to $150,000.

The growth in the value of real estate is not very problematic, the main goal is to get as close as possible to its purchase. If I'm lucky and I manage to get $60,000, I'll be happy

[bakasabo]

You plan to reach from $6k to $130k, and 1/5 of your portfolio is Bitcoin and the rest is in top of the top altcoins? And to achieve that in next bear market? I would say that this is impossible. First of all, turning $6k into $130k is very difficult. That is a huge gap. Second, you are full of altcoins, that already grew in price multiple times. To achieve your goal, they must increase in price more than 20 times. For example you have Ripple. Today, its price is 63 cents, and you expect it to cost more than $10 one day? Nearly impossible.

You know what, calculate the amount you would have, if you have current amount of altcoins, but use their ATH prices. How much would it be? Would your portfolio be worth $130k then? I would say that would be the maximum amount you would get if you would be extremely lucky.

[ASCDO21]

Hi all.
I decided to set myself a goal - to save money for an apartment with the help of cryptocurrency. The cost of the apartment is $130,000.
At the moment there are 6000$ in cryptocurrency
My portfolio consists of BTC,ETH,XRP,SOL,DOT,XLM,ADA

Ready to invest $500 per month.
Advise on the best way to fix profits and what kind of cryptocurrency to buy. Now the markets have fallen - it's time to buy.

I guess you don't need financial advises already, you have set your goal and stick to it. And it seems that you have set a good portfolio already, maybe except for XLM, the rest are good crypto's in my opinion.

So the next best thing is to execute it perfectly every month, step aside $500 of yours and so be it. Just make sure though that you have it in a hardware wallet as this is huge money that you are investing so you have to protect your assets.

I store assets on ledger and a small part of altcoins that are not supported by the wallet, I store them on binance.

[Blitzboy]

Investing in cryptocurrency to buy an apartment during a market slump is admirable. Given your portfolio and $500 monthly investment, consider:

Although good, I would diversify your assets beyond BTC, ETH, XRP, SOL, DOT, XLM, and ADA. Gold is a cryptocurrency worth considering, despite not being digital. Diversification is useful or not. Hard to say.

Next, turbulent markets make profit fixing difficult. Some set stop-loss orders 10% above the current price, others 20% below; the figures can alter. Unreasonable percentages may add to your plan in an unclear way.

Despite contradiction, keep an eye on the market but dont overdo it. Some suggest to buy when the market is down, others when its up. Maybe buy when its time, maybe not.

While patience is vital, dont wait too long.

[freedomgo]

Hi all.
I decided to set myself a goal - to save money for an apartment with the help of cryptocurrency. The cost of the apartment is $130,000.
At the moment there are 6000$ in cryptocurrency
My portfolio consists of BTC,ETH,XRP,SOL,DOT,XLM,ADA

Ready to invest $500 per month.
Advise on the best way to fix profits and what kind of cryptocurrency to buy. Now the markets have fallen - it's time to buy.

Setting a goal at first will certainly motivate you to do your best whatever endeavor you want to succeed. And with your plan to invest, I suggest to diversify your investments first and put a bigger allocation for bitcoin and take minimal capital for other crypto coins. Bitcoin is the most profitable asset in crypto so it deserves higher funds than any other investment. However, my question is, is that $500 you decide to invest will be an amount that you can easily afford to lose? If not, try to lower your investment capital and just increase your position when your investment has started to bring profits in you.

[Rengga Jati]

Ready to invest $500 per month.
Advise on the best way to fix profits and what kind of cryptocurrency to buy. Now the markets have fallen - it's time to buy.

The assets you have right now are top coins, and this is a good investment. I'm sure you already have enough experience in cryptocurrencies, so you don't need to get into new altcoins or those that are usually just hype.
Investing in crypto is also a high-risk thing, and from what you've talked about, at least the dictionary already understands the bear market and some of the benefits if you can optimize this bearish era. If you want to invest $ 500 every month, in my opinion, it's not necessarily for a new coin. The diversification of the coins you have is good enough. Maybe you just need to increase the accumulated amount of each coin and add more to BTC. Of course, each choice will have its own pluses and minuses. But at least it won't be as risky as when you invest in hype new coins.

[serjent05]

There is no doubt that Bitcoin should be the one that should occupy the biggest part of the portfolio but if you are willing to take a risk to have a larger profit then I would suggest  to invest more on an altcoin that is promising and never had been pumped hard.  The one that has lower price value and at the same time not too huge number of circulating token because in a sense of being all cryptocurrency going bullish those promising projects that have lower market cap or prone to increase more than those established cryptocurrency.

But of course you can always go the safest route and stay on the proven altcoins and Bitcoins.

[shinratensei_]

this is quite ambitious plan you've got there, should also account for the fact that there are possibilities that the capital you've built over the time might just vanish into thin air when there is some massive collapse that might going on, you are already on your right path of diversification, though diversification itself rather controversial i remembered warren buffet quote about diversification is for the clueless, he might holds a point though.
but making it to your target i assume would be difficult ones.
my rough guess is that in the next bullrun most of the coin just gonna increase about 3 times if not 5 times and that only very few of them, the only way you can achieve that is by also saving up some money to increase your initial capital as you've already done it seems.

[gurunanakji777]

There's no denying that your objective is commendable and feasible, though it's uncertain when you'll attain the $1.30K target. To be completely frank, you're currently a significant distance away from the established goal, and with an investment of only $500 per month, it will take a considerable amount of time unless your alternative cryptocurrencies excel during the upcoming bullish market phase. I strongly suggest considering an increase to $1000 per month if your financial situation allows for it. However, I also believe that the cost of the apartment will rise over time as you accumulate the full amount for the purchase, so please consider this as well.

[kamvreto]

Ready to invest $500 per month.
Advise on the best way to fix profits and what kind of cryptocurrency to buy. Now the markets have fallen - it's time to buy.

The assets you have right now are top coins, and this is a good investment. I'm sure you already have enough experience in cryptocurrencies, so you don't need to get into new altcoins or those that are usually just hype.
Investing in crypto is also a high-risk thing, and from what you've talked about, at least the dictionary already understands the bear market and some of the benefits if you can optimize this bearish era. If you want to invest $ 500 every month, in my opinion, it's not necessarily for a new coin. The diversification of the coins you have is good enough. Maybe you just need to increase the accumulated amount of each coin and add more to BTC. Of course, each choice will have its own pluses and minuses. But at least it won't be as risky as when you invest in hype new coins.

The new coin hype will only provide a new higher risk compared to the top coins that are already trusted. Having $500 every month is quite a large amount in my opinion, it can be a good investment by choosing a top coin like BTC which will be a must coin with a larger amount. other coin diversification maybe spread on the top altcoins under Bitcoin like Ethereum or use a little fund maybe 1% for new hype coins, Try to catch the knife and maybe get lucky.

[Wahyuihib]

it looks like your choice for now is the right thing.  I think maybe you are just waiting for the right moment to make a purchase, for example, just waiting for the price to drop as possible.

[Mr. Magkaisa]

Hi all.
I decided to set myself a goal - to save money for an apartment with the help of cryptocurrency. The cost of the apartment is $130,000.
At the moment there are 6000$ in cryptocurrency
My portfolio consists of BTC,ETH,XRP,SOL,DOT,XLM,ADA

Ready to invest $500 per month.
Advise on the best way to fix profits and what kind of cryptocurrency to buy. Now the markets have fallen - it's time to buy.

     -    Good thing you are planning to do with investing monthly in Bitcoin or cryptocurrency. Then my advice to you is that if you want to make sure your majority buy Bitcoin secondary only altcoins. And of course you should also do some research on other crypto mates.

I also think that you will be even richer with such a method to do, I hope that everything you buy will be fine for the long-term. Good luck

[TheUltraElite]

You might be able to make some money but it might not be enough to cover the cost of your apartment though.

I would suggest a maximum of bitcoin then ETH and BNB which is enough. The rest of the altcoins, you could go with but not going to make significant upward changes in a short time at all.

Always give your maximum to bitcoin and you will realize that you are profiting more than the same amount in altcoins.

[cute nmp]

The best way to diversify your portfolio quickly in cryptocurrency is to engage in various staking programs and Ido launchpads, Though you must make very good research before investing in any. It is the fastest way to earn profits in cryptocurrency if done in the right way .

[danherbias07]

I'd suggest just buying more Bitcoin and don't waste energy looking for gems that are always a needle in a haystack. It's a waste of time, energy, and money. They mostly end up as either a scam or a failure.
Bitcoin, Ethereum, XRP. Pick one of them or pick one from your list and just accumulate more of them. If you see that you already made profits from them then why risk it with something new to add in your portfolio?
Old is good, they kept their promise and now we are reaping the rewards or could be reaping more if we wait a bit longer. Good luck on your investment.

[Bitcoin_people]

Since you have enough money to build a portfolio, you can save and invest that money. If you invest $500 dollars per month then surely you can earn good profit from it. Although the crypto market is currently in a bear market so you can invest in this situation but you will have a chance to profit in the future. If you buy any altcoins which may be risky in future by investing then never take such decision. Rather, you should buy coins that will give you good profit in the future. If you want, you can invest in good coins like BTC ETH BNB. I would recommend you to invest in these coins, because if you invest now, you will definitely get huge profit when there is a bull market.