Earn an apartment in a bear market

[MainIbem]

In my own idea you already hold the right coin why not just have patient to experience the bull market a bit, since no altcoin is trust than those you had listed already. Between I can't assure you that your $6k worth in different currencies would give you $130k if you invested them all, look closely if you wanna take a risk to venture into trade or to buy newly launched altcoin might lead you extremely to lose the rest asset you have already hold for Long now, so my suggestion is for you to be patient at the moment while the market changes to bull.

[fmz89]

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.

BTC,ETH,XRP,SOL,DOT,XLM,ADA
with lower budget you need lower cap alt to maximize gain, those big coin wont do much in terms of profitable, use half of your budget in lower cap and some small portion to memes
playing safe 50:50 just in case another drop might happen on lower cap coin, which is tend to happen cus the team got burned if they use to trade their treasury lol, thats happen many times

[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.

BTC,ETH,XRP,SOL,DOT,XLM,ADA
with lower budget you need lower cap alt to maximize gain, those big coin wont do much in terms of profitable, use half of your budget in lower cap and some small portion to memes
playing safe 50:50 just in case another drop might happen on lower cap coin, which is tend to happen cus the team got burned if they use to trade their treasury lol, thats happen many times

Offer to sell XRP/SOL/ADA?

[Rabata]

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.

You have invested in several coins but try to increase your investment on Bitcoins because Bitcoin will create a new ATH in next 1 year. It is definitely a good idea that you are holding some other coins but now that you have decided to invest $500 monthly your investment must be in Bitcoin. Even for a long time your investment will not go in vain. So the most importance should be given to Bitcoin. If you can hold your bitcoins until the next ATH, then your dream will certainly come true.

[|MINER|]

First of all I would like to say that it is very difficult to say that there will always be a fixed amount of profit through trading. Moreover, you will not only get profit by selecting good coins, but the investment should also be at the right time. If the investment is done at the wrong time, it is not possible to gain profit. Moreover, it is also wrong to consider trading as a quick money making scheme. Aiming to make such a huge profit with such a small investment seems impossible to me, unless it's like hitting a lottery.

[Best-mary]

For me, I would go into diversification. Let's say you wanna save $500 every month.

Give 400 to bitcoin and save it there

50 for buying and selling where possible. Because investment takes time and you need something to support it. Then,

The remaining 50 can go into events. There are cool events you can participate in exchanges kcgi and it likes the could earn. You

That's my take

[uneng]

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.

BTC,ETH,XRP,SOL,DOT,XLM,ADA
with lower budget you need lower cap alt to maximize gain, those big coin wont do much in terms of profitable, use half of your budget in lower cap and some small portion to memes
playing safe 50:50 just in case another drop might happen on lower cap coin, which is tend to happen cus the team got burned if they use to trade their treasury lol, thats happen many times

What you say about the potential profitability of coins like BTC and ETH is true, however, how can we be assured which altcoins are going to do well on the next bull run? It's also true altcoins are more likely to grow x10, x20 or even more in price when they hit a trend, but we never know which of them are going to show this performance.

I think OP has to put more money into BTC besides his 6000$ initial budget and 500$ DCA. Altcoins look like gambling to me. Anyway, realistically it's not that simple to grow 6000$ into 130,000$. Remember that every promise too good to be true must be taken with a grain of salt.

[Huppercase]

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'm speechless but this is step will land you in hospital if things go wrong, not because I don't see confidence and light in your process but the decision is vague and too easy to adopt. I hope you have plan B in your future plans if things don't go the way you expected, it will back fire and the to be clean and clear with you, that amount can become nothing tomorrow if the marrket should slide down further from this price, you see what has been happening since August.

If you are trying to make plans with Altcoins, I don't think trying to make money for apartment should be your primary concern, you should only be concern on how to make profit, altcoins are not guarantee, not even the entire crypto so expecting to have an apartment because you think you can own one in the future may not come as you expect it, becareful and think it through before you continue.

Another small advice I will give you is concerning SOL and ADA, so much money was lost from investors and for such 2 project to grow back requires lot of effort, if you are diversifying your portfolio, they should be the least you will allocate money to, don't forget to do your personal research.

[JeffBrad12]

First of all I would like to say that it is very difficult to say that there will always be a fixed amount of profit through trading. Moreover, you will not only get profit by selecting good coins, but the investment should also be at the right time. If the investment is done at the wrong time, it is not possible to gain profit. Moreover, it is also wrong to consider trading as a quick money making scheme. Aiming to make such a huge profit with such a small investment seems impossible to me, unless it's like hitting a lottery.

thats true, might be possible with futures, but most certainly just simply take long time with investment, after all we can't just force the investment to have shorter timefrime its not even realistic.
the thing with investing is that, whether its gonna rise or go down, depends on the market, what we can do is just being patience, also the gain usually also determined from the money invested, if its $6k for that target of $130k i guess its gonna require some time before it could even get realized.
I'm guessing that maybe he needs to add more capital to the investment monthly more than just $500 to get into that target faster, investment in this case could function to speed up the process of gaining that massive amoun t of money.

[beerlover]

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.

I would say maybe for the bull run after that? I think it would be tough to keep the price same for the apartment though, that's the toughest part. I think it should be important to realize that we are talking about something that is way too big. It could definitely end up holding it for a very long time as well and then you could maybe do something with it as well.

I think it should be good case and we could end up with a good return one way or another. I hope that we could end up with a good return so there is no pessimism required, if you can't make enough on the next bull run, you could make it on the one after that, or the one after that but you could do that if you wait enough and the return will be there eventually.

[tvplus006]

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...

If you invest $500 a month, then in about 20 years you will be able to buy an apartment for yourself. But this is provided that your investment does not depreciate. A more reliable option for investing would be to buy bitcoin and with a monthly investment you will receive a DCA.

[Nrcewker]

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.

You are aiming for more than 10x profits of your investment. Practically this is possible, but yes it will take time. As you can’t make a lot of money overnight, so yes you have to patience in order to yield maximum profit. You will definitely see huge profit in the next bull market if you buy now, but I don’t think it will be 10x the price. Yes buying altcoins can give you huge profits, but you need to make sure that with huge profits, huge risks also come. Do careful research before investing the amount.

[fullhdpixel]

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.

The key is to have a few but the best altcoins in your portfolio and only invest a small percentage of your capital into them because you never know when the bull run will come. Any of them can shoot into the sky and if you have it in your portfolio, it will give you a very high amount in return, and others that might not perform so well will be covered with that single investment. This is the reason why it is always important to have some diversification in your portfolio.

Bitcoin should have the highest percentage of the portfolio after that should come to ETH, and then there should be about 4 to 5 altcoins that are the best among the top 15 altcoins out there, and about 20% should be invested in all of them divided equally. One should also have some liquid assets so that one can buy more if the market goes down further.

[Yatsan]

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.

You are aiming for more than 10x profits of your investment. Practically this is possible, but yes it will take time. As you can’t make a lot of money overnight, so yes you have to patience in order to yield maximum profit. You will definitely see huge profit in the next bull market if you buy now, but I don’t think it will be 10x the price. Yes buying altcoins can give you huge profits, but you need to make sure that with huge profits, huge risks also come. Do careful research before investing the amount.

OP indeed has a good way of investing in comparison with those who are having a goal but aren't patient enough and not minimizing the risk to come up with the desired profit. No success indeed was done overnight. $500 is a bit high already but as long as you can manage the risk, then things would be alright.

You are quite having a good list and I am agreeing with using those coins except for DOT which I am not that familiar with. Also, this is a better risk than to cope up with "small names" having high rate of increase but also promotes higher risk.

[Bananington]

My portfolio consists of BTC,ETH,XRP,SOL,DOT,XLM,ADA

Your choices and options are too many to me, it increases the risk you will face and makes it so that if you are not careful, you will just be consistently loosing the capital you want to invest, and then you will not be able to meet your target of getting a house.

If you must invest in Altcoins, invest in a few (One or two), it reduces the risk and make your investment easier to monitor.

[jossiel]

My portfolio consists of BTC,ETH,XRP,SOL,DOT,XLM,ADA

Your choices and options are too many to me, it increases the risk you will face and makes it so that if you are not careful, you will just be consistently loosing the capital you want to invest, and then you will not be able to meet your target of getting a house.

If you must invest in Altcoins, invest in a few (One or two), it reduces the risk and make your investment easier to monitor.

I'll slash it into few like BTC, ETH.

That shall do and will be able to hit his target for having the cost of owning an apartment. It's a good plan of having the profit go into another asset that will generate income.

Not a lot of investors able to do that because they don't know how to spend their profit when it's already on hand.

[wxa7115]

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.

The problem for you is that you are trying to obtain 20x profits with coins that while good will most likely not experiment such a high growth, a more conservative estimate taking into account the current prices is something between 4x and 7x, so you will need at minimum 16k to make your dreams come true, assuming my prediction is correct.

Now if you cannot get that money before the bull run then you will have no option but to buy riskier altcoins, but as you may guess the chances you will get scammed go through the roof once you begin to consider those coins as a viable investment.

[kamvreto]

My portfolio consists of BTC,ETH,XRP,SOL,DOT,XLM,ADA

Your choices and options are too many to me, it increases the risk you will face and makes it so that if you are not careful, you will just be consistently loosing the capital you want to invest, and then you will not be able to meet your target of getting a house.

If you must invest in Altcoins, invest in a few (One or two), it reduces the risk and make your investment easier to monitor.

BTC, ETH and XRP seem to be enough, too many coin choices will indeed be confusing. But let's look at the potential of each top altcoin, it will provide double profits if in the bull run season all altcoins rise. You just need to choose which one is the best and use it as your main investment. Be wise in choosing altcoins and make sure you don't put all your eggs in one basket, there are many baskets to choose from to maximize long-term investment.

[el kaka22]

I will not really put in any type of negative thought in this. If OP is happy about the results then he will continue to do so, if he is not happy about the results he will change and do something else with the money he has, I think that is a normal and understandable approach.

As long as people could keep on investing at the right coins, the amount they will make in profit will be a good one and should be supported and not really approached like this. Just because you do not agree with the choice of the coins doesn't mean that you have the right to tell people they are making a mistake, maybe they are right and you are wrong, we wouldn't know until it happens. Then, they can make a change if they dislike it.

[martinex]

If the funds are ok, why not, friend. The time for netting arrives because there are lots of big fish that can be caught because they don't swim very far. yes. the market is in a very good condition to accumulate if you have enough funds why not just BTC or ETH if you compare it if there is a price increase the profit value is also not much different if you invest in BTC and ETH even if BTC goes down a little something else maybe come too. Yes. In my opinion, the Parent coin is better to pay attention to buying at this time.