Earn an apartment in a bear market

[VFalcon]

You have a good portfolio, I also invest in ADA and ETH, but also found a promising token TFS, also shows good results

[ASCDO21]

I decided to raise the share of BTC in my portfolio to 40% without rebalancing, but simply buying more coins. 10% ETH 10% BNB

[aseprebel]

earning an apartment in a bear market can be an intriguing idea, but it requires careful consideration of your financial situation, risk tolerance, market knowledge, and long-term goals. It's important to consult with financial advisors, real estate professionals, and possibly legal experts before making any significant investment decisions. Additionally, keep in mind that markets can change rapidly, and any investment involves risks.

[Xal0lex]

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 would recommend you sell all your altcoin junk and buy bitcoin. Why do you need SOL, DOR, ADA? Do you seriously think these coins can make you a large amount of money? XRP will not grow more than bitcoin in the next 2 years, what's the point of spending on coins that in the long run will bring less profit than bitcoin? You have a clear inefficient use of your funds in your portfolio. My opinion only, I am not imposing anything on anyone.

[AakZaki]

I decided to raise the share of BTC in my portfolio to 40% without rebalancing, but simply buying more coins. 10% ETH 10% BNB

With a 40% BTC allocation that is good enough to last long term. Remember that 40% is a good foundation for you and 60% you use for potential altcoins like Eth and BNB which are 10% each and the rest is for reserves and some hype altcoins that give you quick profits. Remember that every strategy you apply must be well thought out on how to manage it.

[kawetsriyanto]

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.

$500 per month is quite good amount of money. I suggest to prioritize investing in top coins first.
You already have some top coins on your portfolio, I think you can add more top altcoins such as MATIC, BNB, HBAR, APT, or ARB. And there are many other altcoins with good fundamentals.

However, I think you still need to always accumulate more BTC and ETH. These coins should be the main assets. I personally invest 50% of my capital in BTC and ETH. I think the safest coins to invest only BTC and ETH, there is no other coin that have the capability as these coins. We simply can check the market caps to know how big the role of BTC and ETH in crypto.

[nelson4lov]

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.

Don't be in a haste to make money in this bear market otherwise, you'd lose more money than you'll make. Right now, not a lot of projects are doing well (price-wise) so it would make more sense to keep it till when the bull market comes as that's the time an $500 investment alone in altcoins can give you upward margins as much as 100k. You can focus your attention right now to learn what worked in the last bull run and strategize according.

I will prepare and wait. And the opportunity will come.

[dezoel]

Well, I don't want to discourage you but earning $130k from just $6k would require at least one of the coins you've invested in to perform magically well, because you can't get that much in a few years with coins or tokens that do go up but not in such large numbers. Bitcoin is the most trusted cryptocurrency in the market, but even if you invest all your capital into Bitcoin, which you shouldn't, you won't get a return that high even during the bull run because we know it won't hit $1m this soon.

However, I would suggest that you keep adding coins that you think are both trusted and has the potential to give you good profits in the bull run. I would suggest you add LTC to your portfolio as it is a trusted cryptocurrency and it also performs well at times. Meme coins might provide you with great profits but I wouldn't recommend you doing that since most of them actually fail in the long run.

[AliDeep]

I decided to raise the share of BTC in my portfolio to 40% without rebalancing, but simply buying more coins. 10% ETH 10% BNB

In 2024 it will be a halving of bitcoin and many people are waiting for it. After halving of bitcoin it price will start to rise. Acording statictics new maximum of Bitcoin will be reached at 2025. So I think that investment in Bitcoin is a good idea.

[Godday]

$500 is a big number in my opinion. You can choose to invest in some new coins that are not blue chips. But I still suggest that Bitcoin is the best. Indeed, you will not get fast profits, but it is very safe to keep your money there. Risk some on altcoins. That is a suggestion from me.

[bluebit25]

About x20 as much capital to hit the goal, I think the investment OP needs to see here is being willing to accept any problems that will come up, and fully believe that the goal will happen for at least 2 3 years next, for investment returns I think it will grow fast when we are in a bull market, but now it's about preparation and accumulation and patience with what you believe.

Except for btc, eth, I don't feel it is necessary to choose too many alts, maybe due to different researches, the evaluation will also be different, even in the current context of new L2, as well as the trend to start mentioned as much as AI will be the ones that I believe will get big attention in the future, so OP can also do more research to make a decision.

[ASCDO21]

Increased the position on bitcoin, now the percentage in the portfolio is 30%. It has now slightly corrected to 26 thousand.
Do you think it will collapse even more? My average bitcoin position is 22k

[justdimin]

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.

I feel like it is not really impossible, I am not saying that it is going to be easy but it is quite obvious that it is not going to be impossible. I just think that we are going to end up with a resolution that will be profitable to all. Even if he fails to go from 6k to 130k, it could still end up being good. This is why we should be focusing on what we have, and not what we think we could have.

If you focus on turning 6k to 130k, then you are going to miss your chance to get out at 80k for example. With the upcoming bull run, we are nowhere near enough high with alts, they are not that high, when the bull comes, all those alts will go up a lot more and the price will be a lot more as well. This will benefit everyone easily.

[TheUltraElite]

$500 is a big number in my opinion. You can choose to invest in some new coins that are not blue chips. But I still suggest that Bitcoin is the best. Indeed, you will not get fast profits, but it is very safe to keep your money there. Risk some on altcoins. That is a suggestion from me.

I would keep the blue chip ideas aside and consider that Bitcoin to be most safe and profitable here. Time constraints are the major deterrent because many people take these as loans and then start trading and when they can find a coin they make a thread here asking for suggestions. For an investor who does not have time constraints buy Bitcoin with this money and continue adding to your portfolio as you can every month.

Altcoins often seem like a quick avenue of success but this is a false dream because in the hurry and the risk the investor will lose money. Hence in the bear market focus on Bitcoin maximally.

[ASCDO21]

Hello everyone, at the moment the value of the portfolio is $7800, I currently have an additional $2500 that are waiting for investment, but I'm waiting for the coins to drop sharply. I decided to switch to a strategy of weekly purchases of $160 coins, and also raise the monthly replenishment to $800.
I really hope that I still have enough time to accumulate. 

[Godday]

~

For an investor who does not have time constraints buy Bitcoin with this money and continue adding to your portfolio as you can every month.

Yes I totally agree with your idea. Bitcoin is still the best, especially since in 2024 there will be a halving. Although buying Bitcoin at $500 is a small number as you will have several decimals behind it but if possible buy Bitcoin little by little, year after year and I am sure you will be more successful than those who only choose altcoins.

[@sriyan]

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.

If I have $6000, I will allocate 95% for the bitcoins. Also, I will allocate 5% for the altcoins as well. Also try to do some testnet, mainnet, and bounty as well. You will get extra money for the gas fees. Also, you have to do the portfolio rebalancing to handle the losses of the overall portfolio.

Eg: Let's say the market is a bear market, I will be selling most of the altcoins and staying with stables. If the market is bull, I will invest in coins to earn some profits. So you can maximize your portfolio like that.

[OrangeII]

it might be a long way to go if your goal is $130k. However, you have a great start. Apart from that, the portfolio you have is popular coins that have huge potential in the future. It's just that, I might agree more if the investment you have is more inclined towards bitcoin. considering that this is a long-term investment, it is best to choose the king of crypto. Additionally, I might consider not having as many coins in my portfolio, as having a lot of coins would be more difficult to manage. However, even with the strategy you have, it's a good start. Well, I hope this has been an easy journey for you.

[rhomelmabini]

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.

Your portfolio is kinda fine already but instead of XRP and XLM try other altcoins for you to diversify maybe set goals on new chains. Base network is kinda early right now and I think if XRP and XLM is 5%-10% on your portfolio that would be fine but you must know that it will be risky. On the other hand, XRP is still at 50/50 win on their lawsuit against SEC and that's still risky if I may asked.

[o48o]

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.

that would 22x of that money before taxes, which could make the need for growth significantly bigger.

I agree that this is the time to buy i any, but how is your portfolio divided. Because i personally can't see bitcoin raising to over half a million next bullrun. Maybe it does if you are lucky, but for example DOT seems a little random investment in your portfolio, especially when you consider that most crypto hacks have been using bridges. SOL is risky af, and XLM might lack adoption. Ada and XRP might rise even though i see anything so special with them. I don't know if they rise 20x though.

I frankly have no clue if eth has any limits on growing if they scale. So that i find a good investment. Even though it's already high in marketcap.