Earn an apartment in a bear market

[Godday]

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.

Yes I agree with you. Diversification is great but diversifying too much will not bring you any benefit. If one coin goes down in price and several other coins go up, of course that's not a good thing either. You won't really make a profit by diversifying a lot.
Just have your portfolio in 3 or 4 altcoins like CRO, XRP, MATIC and Vechain. It is my asset and I think it is the best altcoin in my opinion.

[1714752056]

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[justdimin]

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.

XRP is definitely not the one I would have picked there. I have always said that four horseman of crypto is btc, eth, bnb and ltc because those are the four that is known the most and loved the most with as little questions as possible.

I know that it is going to be a tough thing for a lot of people to accept that but XRP has been a scam ever since it started, I do not think that it would be something that could make a profit that easily and we should avoid it as much as we possibly could. I know that it is not going to be a simple thing, but I can't really make it work that easily neither, it just doesn't seem to be possible for people to understand why they should stay away from XRP, so I just let them be and learn themselves.

[kamvreto]

Yes I agree with you. Diversification is great but diversifying too much will not bring you any benefit. If one coin goes down in price and several other coins go up, of course that's not a good thing either. You won't really make a profit by diversifying a lot.
Just have your portfolio in 3 or 4 altcoins like CRO, XRP, MATIC and Vechain. It is my asset and I think it is the best altcoin in my opinion.

Yes, 3-4 portfolios seems to be enough, I'm also just one of them. But the selection of what Coin you want to hold is your own responsibility. If you believe it, do research and make sure the project continues and has good development.

XRP is definitely not the one I would have picked there. I have always said that four horseman of crypto is btc, eth, bnb and ltc because those are the four that is known the most and loved the most with as little questions as possible.

I know that it is going to be a tough thing for a lot of people to accept that but XRP has been a scam ever since it started, I do not think that it would be something that could make a profit that easily and we should avoid it as much as we possibly could. I know that it is not going to be a simple thing, but I can't really make it work that easily neither, it just doesn't seem to be possible for people to understand why they should stay away from XRP, so I just let them be and learn themselves.

I am also aware that XRP is not an option for everyone, I am just referring to what the OP said, I also have very little XRP and hold more BTC, ETH and BNB, and LTC seems to be a good option for the long term as well. some coins will provide maximum profits when the bullrun comes, we just need to wait. But stay away from some coins that are not recommended

[Blitzboy]

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.

XRP is definitely not the one I would have picked there. I have always said that four horseman of crypto is btc, eth, bnb and ltc because those are the four that is known the most and loved the most with as little questions as possible.

I know that it is going to be a tough thing for a lot of people to accept that but XRP has been a scam ever since it started, I do not think that it would be something that could make a profit that easily and we should avoid it as much as we possibly could. I know that it is not going to be a simple thing, but I can't really make it work that easily neither, it just doesn't seem to be possible for people to understand why they should stay away from XRP, so I just let them be and learn themselves.

You've clearly done your research, so I value your opinion on the "four horsemen" of crypto. Bitcoin, Ethereum, Bitcoin Cash, and Litecoin all have a strong reputation. Heres a different way of looking at XRP, though. I get your concerns, but I think calling it a "scam" might be too heavy-handed. Of course there have been problems, and I understand some of your worries. For the sake of argument, though, lets say that every asset type has its own problems and critics. Remembering that is very important. Although I have my doubts about some cryptocurrencies, I believe in doing a lot of study before making a choice. As an alternative to completely ignoring XRP, I believe it should be constantly observed and evaluated. Crypto is changing very quickly, and I've learned that I should never completely rule something out.

[Cadaver20]

You are right now is the time to fill your bag because the market is now bearish. If you stick to your goal, it will surely come true. Hope the bull run will start in the market in a few months. Many new projects will be launched at the beginning of Bullrun. Among these projects, good projects should be found and invested there. Also keep an eye on binance launchpad.  You will find good projects from there too.

[lienfaye]

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 has good coins to hold until bull run but you don't have BNB yet. So try adding this coin, it's one of the established and worthy to include in our portfolio (but still DYOR). The market is declining so yes a good time to keep buying, I suggest to buy additional coins only for established coins like BTC, ETH and BNB and stick to it until you had a good amount of holdings.

Your goal is to have sufficient money to buy an apartment and it's not a small amount. We can't predict what coins will have a huge growth during bull run but as long as you're holding a coins with potential, you'll certainly gain from it. Thus, be wise on what coin to buy monthly with your allocated budget.

[GreatArkansas]

(...)
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.
(...)

It seems OP is not saving money here, this is investing. And when you do invest, it comes with risk, you either win some or lose some. You can't guarantee.
But if you plan and do it properly, it is worth it and will be profitable.
I like the confident of OP, by having a target first because if you do have target, you will work hard, grind to reach that target.

[Gallar]

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 will start here with the calculations.
The apartment OP wants to buy is $130k and you pool your $500 for a month.

If it's just $500 x 12 months you'll get $6000. So over a year you can collect $6000 dollars to accumulate into crypto assets. So my suggestion is that you can accumulate $4500 for bitcoin, and the rest you can accumulate for altcoins, such as ETH, BNB, Matic, Solana, or ADA. In fact, if it were me personally, I would definitely accumulate 95% or even 100% of the money in bitcoin. Because as we know, Bitcoin will face a halving cycle next year, and it is very likely that a bull run market will arrive. So the possibility of price increases and potential profits is greater.

But if you are not sure about the advice I gave, you can use 50% of your money for BTC, and 50% for altcoins that you are interested in investing in. And you need to know, that your journey to be able to buy an apartment through investing in crypto is not a short time. It will definitely take a long time to achieve your dream.
So stay enthusiastic and stay patient.

[gunhell16]

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 hope all investors here in cryptocurrency are like you, who have money to allocate $500 for crypto investment. That kind of amount can help a lot of the community in this crypto space. So what I can say is that if your allocation is like that, every month you will allocate 20% to altcoins, and then the 80% will go to Bitcoin.

That's a good strategy for sure,  you can save a lot of bitcoin or cryptocurrency. Even if I had a resource like yours, maybe I would do the same, which could be more. Especially now, it is a good time to invest because we are still bearish at the moment.

[wxa7115]

(...)
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.
(...)

It seems OP is not saving money here, this is investing. And when you do invest, it comes with risk, you either win some or lose some. You can't guarantee.
But if you plan and do it properly, it is worth it and will be profitable.
I like the confident of OP, by having a target first because if you do have target, you will work hard, grind to reach that target.

While it is true that having a goal gives you the incentive to try to do what you can to reach it, it is also important to try to keep the goal realistic, otherwise it is incredibly easy to take risks that are too high for the skills that we posses, also even if the goal itself is realistic sometimes what is completely out of place is the timing in which our goal can be reached.

And example of this are the people that want bitcoin to reach one million dollars during the next bull run, do I think that bitcoin can reach that price? Yes, do I think it will happen during the next bull run? Not really.

[ASCDO21]

Hi all. I have a question. Approximately how much capital do I need to have before the bull run to reach my goal of $130 thousand? 20 thousand? thirty?

[Godday]

Hi all. I have a question. Approximately how much capital do I need to have before the bull run to reach my goal of $130 thousand? 20 thousand? thirty?

This is complex and requires research first. I don't know exactly when the bull run season is but what I can say based on experience in previous bull run seasons is that it is very difficult to reach the $130k goal with $30k. This means that it requires an increase of around 4.5 times the capital. If we talk realistically, I suggest $50k-$70k and with that amount of capital I recommend investing in BTC because apart from the confidence that has been guaranteed, at least an increase of 70-90% in the bull run season is still quite something to consider.

[doomloop]

Hi all. I have a question. Approximately how much capital do I need to have before the bull run to reach my goal of $130 thousand? 20 thousand? thirty?

That totally depends on the coins you are buying and their growth percentage in the bull run. However, the higher the capital is, the higher the profits will be. For example, if Bitcoin is priced at $30k and you buy $15k worth of Bitcoin, when the price of Bitcoin reaches $31k, you will get $500 in profit, whereas, if Bitcoin is priced at $30k and you buy a whole Bitcoin, you will earn $1,000 if it manages to go to $31k. That's how a higher capital affects the profit percentage you might get.

That being said, it still will depend on the coins or tokens that you will be buying when they are low and selling them when they are high. You will need to get 13x profit if you are using $10k as your initial capital, in the same way, if you are using $20k, you will need to get 6.5x profit in the bull run.

[o48o]

I would keep >90% in Bitcoin. Bitcoin outperforms most altcoins, unless you buy a lucky one.

--Knight Hider

Bitcoin outperforms most altcoins because there's countless of scammy and 90% or more of them won't even end up in coinmarketcap before they are over. We are at the point where bitcoin has become so valuable it's hard for it to outperform any smaller caps. In fact several famous altcoins have outperformed in several years it even after them being famous already.

I am not saying bitcoin is a bad investment, but i hardly can see it outperforming the potentially good top marketcap altcoins.

[Huppercase]

Hi all. I have a question. Approximately how much capital do I need to have before the bull run to reach my goal of $130 thousand? 20 thousand? thirty?

That totally depends on the coins you are buying and their growth percentage in the bull run. However, the higher the capital is, the higher the profits will be. For example, if Bitcoin is priced at $30k and you buy $15k worth of Bitcoin, when the price of Bitcoin reaches $31k, you will get $500 in profit, whereas, if Bitcoin is priced at $30k and you buy a whole Bitcoin, you will earn $1,000 if it manages to go to $31k. That's how a higher capital affects the profit percentage you might get.

That being said, it still will depend on the coins or tokens that you will be buying when they are low and selling them when they are high. You will need to get 13x profit if you are using $10k as your initial capital, in the same way, if you are using $20k, you will need to get 6.5x profit in the bull run.

You are using price target without indicating the capital size you are explaining, only the profits you were giving out, I believe $1000 was the basis you were using as the capital example and with such explaination, it is very clear that percentage increase can give you the type of profit you want or wish to have but I hope you know that it is not only in percentage increase alone money can be made from, you make it also from % decrease as the subject says, there are opportunity in every direction of the market.

Making money here really depends on how lucky you are to have bough the right project that blew up before pump, the one that captire everyone and the one the trade maketeters all hype very well, if you have just one of them to have bought just $100, you will not regret spending $1 to buy any coin in crypto.

[shinratensei_]

I would keep >90% in Bitcoin. Bitcoin outperforms most altcoins, unless you buy a lucky one.

--Knight Hider

Bitcoin outperforms most altcoins because there's countless of scammy and 90% or more of them won't even end up in coinmarketcap before they are over. We are at the point where bitcoin has become so valuable it's hard for it to outperform any smaller caps. In fact several famous altcoins have outperformed in several years it even after them being famous already.

I am not saying bitcoin is a bad investment, but i hardly can see it outperforming the potentially good top marketcap altcoins.

well thats true, bitcoin market capitalization is simply too high to make it have massive gain within short amount of time at best it would be some slight increase overtime but seeing the
linear growth of bitcoin we can be rest assured that every halving its gonna increase its value maybe breaking through its previous all time high.
moreover, its mostly suited for those institutional investors that have millions in their pocket to invest in bitcoin.
for individual not so much but still best investment since from the linear growth alone we could always see that its special.

[Kelvinid]

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.

Yes I agree with you. Diversification is great but diversifying too much will not bring you any benefit. If one coin goes down in price and several other coins go up, of course that's not a good thing either. You won't really make a profit by diversifying a lot.
Just have your portfolio in 3 or 4 altcoins like CRO, XRP, MATIC and Vechain. It is my asset and I think it is the best altcoin in my opinion.

Regardless of what coins we choose, we can only make a profit if we are also patient enough to wait for the price will rise. Because the truth is that we can' expect to earn a profit right after buying them, the price won't always go up high, it dumps as well that is we have to learn to hold. What we always do is we assume that the market will give us a favor, but it is not and losses are very possible for impatient people. If we are a trader, profit is still possible during the bear season but if we are just purely as an investor, that is unlikely possible.

[cute nmp]

Not easy to earn an apartment in this bear market ,Things are not easy these days most people finds it hard to diversify their portpolia and make good gains. Currently more than 90% of my portfolio consist of Btc think it is much safer for investment and holding for a long time unlike the other altcoins. Most altcoins lose so much of there value in a short time that is why there are not very safe for long term hold.

[so98nn]

I got to say that’s gonna be way big leap if you achieve that goal. I think starting with just 500 bucks a month gonna take lot of time for you. The volatility will be hitting hard all the time and all those cyclic changes will make you think twice whether to continue your quest or not. I am not demotivating you but putting huge stakes on Altcoins isn’t right idea. I am thinking you should add more funds in bitcoin and also contribute more than 500 bucks per month. Consider as if you are paying EMI for loan or something but only thing is you will be saving for the good. With what you saving and let us say 25% hiked every year then also it will take you 17 years period. This is also after keeping your saving plan fixed and yearly hikes fixed. It could be more.

[Magic-Money]

Thank you, but I want to understand what else I should add to the portfolio. bitcoin will not be able to give x10 for a possible bullish cycle, and altcoin can get x3-50.
I am willing to take risks to get what will improve my life. What coins should I expand my portfolio with? Now the portfolio structure looks like this, yes - yes there is a lot of xrp, but these are coins bought back in 2019

Token   Value   Ratio

XRP       $2,561.96    38.46%
BTC       $1,546.26    23.21%
XLM       $821.06      12.33%
DOT       $445.74   6.69%
ADA       $424.72   6.38%
1INCH    $195.53   2.94%
BNB       $141.23   2.12%
ATOM     $117.26   1.76%
SHIB      $114.81   1.72%
AVAX      $95.65   1.44%
QTUM     $84.76   1.27%
SOL        $59.75   0.90%
WBETH   $52.27   0.78%
[/quote]

That is a very good one and smart decision one need to take in cryptocurrency market, because the current market price situation not encouraging at all to used all the assets in one basket, the chance of next Bull Run market is set as long you can hold as stated good to go and well prepared for next Bull Run.