Earn an apartment in a bear market

[JeffBrad12]

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?

my rought suggestion is that to determine the previous all time high and current price make comparation, then you estimate capital needed for that, like if bitcoin right now is about $25k and
previous bullrun all time high was about $100k then you can simply invest about $30K and if bitcoin really hits all time high in future bullrun then you could easily score $120k within just one period that with a big if honestly since we all still don't know whether bitcoin could ever reach its all time high again but the previous bullruns has shown that bitcoin always hitting all time high and growing quite rapidly in terms of valuation so therefore
that'd be my estimation, but I believe even if it reached half of all time high you'd already made massive money.

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[fullhdpixel]

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.

What he's thinking is not unrealistic, to be honest, based on what we've seen in the past during bull runs, it's achievable, but it's not easy for sure, and there is obviously no guarantee that all his investments will work and bring him multiple folds of profit during the bull run and that is the only way he can actually get his target achieved, otherwise, he may get some profit on top of his total investment but he won't actually reach as high as he wants to reach.

Logically, though some new altcoins might be able to do that, expecting a very high return from an already-established altcoin is not good because they might not be able to go that high during the bull run. One should expect maybe a 4x to 6x return on altcoins that have relatively low prices in general.

[ASCDO21]

Hello everyone, accumulation is accelerating, at the moment the crypto portfolio is $9,500, and there is also an additional $2,000 that is waiting for further investment. Do you think we will expect prices to go down?

[cheezcarls]

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

--Knight Hider

This is exactly what I have been doing so far where most of my investment are into Bitcoin. The rest are being played into DeFi where I am doing retroactive drop campaigns.

Ethereum on the other hand, is also what I am preferring to as long term like Bitcoin. So both BTC and ETH are much more worth to buy, hold and DCA (dollar-cost averaging).

If I were you, I keep accumulating in these two coins that I’ve mentioned regardless of the market conditions.

[synchronym]

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.

Op the plan you have taken is very good plan if your luck is with you if you can achieve success through hard work.  But I think you are much better off investing in Bitcoin rather than investing in alt coins. Because we have seen before that many people have suffered losses by investing in alt coins. So I will advise you to invest in Bitcoin. Of course you have to proceed with caution and invest carefully and certainly want you to succeed.

[yazher]

I think one of the best options is to add more BTC and I think some other potential altcoins have a high chance of raising their price in the upcoming months because not all of the altcoins in your lists are actually good rather they will fail because of lots of disappointment that are currently going on in their platforms. It's best to stay on buying more BTC because next year there will be another bull run which we all know will be the same reason for the price of bitcoins to rise and probably will create another ATH as well.

[Cadaver20]

There is a purpose behind everything we do. Once you have set a specific goal, you have taken a step forward. There are various top coins in your portfolio. I think you can add Matic coin to your portfolio. Because it is Polygon network's own coin and its demand is increasing day by day.

[Oasisman]

I think one of the best options is to add more BTC and I think some other potential altcoins have a high chance of raising their price in the upcoming months because not all of the altcoins in your lists are actually good rather they will fail because of lots of disappointment that are currently going on in their platforms. It's best to stay on buying more BTC because next year there will be another bull run which we all know will be the same reason for the price of bitcoins to rise and probably will create another ATH as well.

Those that are on the OPs portfolio are not really that bad alts, those were the kind of alts that follow suit during bitcoin will have a run. So, most probably it's going to after the halving where bitcoin tends to make a bullrun that could potentially break another ATH, these alts would follow as well. Though adding more bitcoin to your portfolio is a bit of a safer choice than continue diversifying with alts these days, but still it depends on your preferences as we are all trying to maximize the opportunity to earn more during bull season.

[Maestro75]

Is it risk-free to buy BTC and ETH?

It is not risk free to invest in any of them. But it is better to limit the number of tokens you are putting your money on in order to limit your risk also. The fewer you have them the lesser your risk of exposure is. That is what he meant. Ok, you said about setting $130,000 to get an apartment. Is that renting or you are buying it out to own it because that is huge amount?

[Fatunad]

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.

So you do have currently 6k usd in your crypto or still in fiat form? If those total in 6k then you would really be having no choice but to hold it up specially those coins mentioned are top layer 1 coins in the market.
The only issue on here is that there's no way on telling on which coins would really be pumping on upcoming bull run. There's no way on knowing on what the future holds. Basing up on your target which is
$160k which is really that still needing that x22 of your current portfolio value then i must say that it is really that still too far stretch off. Somewhat we dont really know on how many X or multipliers which those coins would really be able to reach out on upcoming bullrun. Dont alter out with those coins you've selected into some shitcoins in the market just to make yourself be able to reach out that goal. Be patient and lets see on how
this upcoming bullrun would stretched out.

Those that are on the OPs portfolio are not really that bad alts, those were the kind of alts that follow suit during bitcoin will have a run. So, most probably it's going to after the halving where bitcoin tends to make a bullrun that could potentially break another ATH, these alts would follow as well. Though adding more bitcoin to your portfolio is a bit of a safer choice than continue diversifying with alts these days, but still it depends on your preferences as we are all trying to maximize the opportunity to earn more during bull season.

Totally not a bad choice and even myself on having a capital or money to be spent then i would definitely be going with these top coins and a little bit mix of some new coins
that had really some potential on which i could say that it isnt really that a bad bag that you've been holding. Better to get less risky action or movement rather than
on making yourself bagholding some shit or meme coins for long term .lol

[Psynthax]

the only way you can earn profit in bearish is by future trading, but the thing is its really difficult to win in future trading.
sometime you might lose your investment instead thats why many people are also avoiding future trading because its more difficult than spot.

[Mate2237]

the only way you can earn profit in bearish is by future trading, but the thing is its really difficult to win in future trading.
sometime you might lose your investment instead thats why many people are also avoiding future trading because its more difficult than spot.

instead of future trading I will still recommend him to do investment in Bitcoin and since he made mentioned of the kind of project he would like to invest. And why I am recommending that because the amount needed to rent the apartment is very big amount and the total amount he has still far from reaching the amount to rent the apartment so if he can use the $5000 to invest in Bitcoin and when the price of Bitcoin enter the ATH then he will make enough profit to rent the apartment or even if it is possible to buy it, he can do that. Because the time the thread was created was an August 2023 and by then Bitcoin was $25,000 so if he bought it at that time nd now that Bitcoin is $46,000, he would have taken some profit and continue the investment.

[Rasa nanas]

I have repeatedly said that security is the main thing in investing. I don't mind BTC and ETH and I also hope that most of your portfolio is filled with BTC and ETH. It doesn't matter if a small part of the portfolio is filled with altcoins of your choice such as XRP, SOL, DOT, XLM, ADA.