Guys,
Crypto is a value based commodity that is tradable like any other value in the economic markets. When you make gains, it is only because you are actively managing values (ie a job). If you have less than 100k in the market, you are literally wasting your time due to a lack of captial & mismanagement of tradable values.
Prove me wrong.
Lol, you can't.
So stop being sophomoric.
you should be in bed, you're gonna be tired commuting to your shitty job
I made money with less than 100k in the market. So I think you are wrong.
we're not responsible for your losses, accept defeat and do better
you dont need big capital in crypto, only like 3k and you multiply 10x a year
30k a year crypto salary. Good job.
So what's the play if I have 100k to invest? Cost average into 80% strong coins (btc/ltc/eth) and hold? And gamble the other 20% on shit coins? Cuz that's my plan. Got 20k in so far.
Op here. You would do better to loan your money. I believe that when Veeky Forums starts their own decentralized micro loan app built on a Crypto, than you can start talking diversification.
Everyone uses Veeky Forums as an advertising venue to shill no coiners for their own returns.
Take your 20k and dedicate yourself full time to becoming self educated, invested in your appearance, travel to meet like minded people, and buy a night with a hooker.
Hey faggot, contributing to the economic workforce is valuable. Leverage your mind and body for greater values.
Prove it. Pics or it didn't happen.
I haven't lost a damn thing. Fuckers buy drugs from me in Crypto. Again, value for value.
Lol. You haven't been in the game long enough to even be right. New fag.
God, I love being right.
pretty lonely in here
I think you misunderstood. I'm already pretty well established and invested in some conventional ways... Stocks/bonds/real estate. I also own a home, have a girl, am educated and fairly well traveled. My question was strictly about my plan to throw ~100k into crypto. My financial advisor hates the idea, but it's only about 2% of my worth... So she can stomach it. I understand that this is 100% a gamble.
It's because faggots wanna believe that coins will be their deliverance. But most of them aren't able to dedicate 2-4 hours a day to managing values.
They are all looking for the easy out. But hard work and dedication are what build muscles, families, businesses, buildings for buildings and families, and nations. It would be better if faggots dedicated themselves to a craft or hobby. Shit, most faggots in here talk like... Hurr... Durr... In ten years... But we're you to dedicate yourself for ten years, even passively, to a hobby or a craft - you would be paid just for being an expert.
For instance, today, I made two hundred dollars using a fucking type writer for a couple hours. How? I understand values. I trade my labor, my asset, and my education for other people's money. Most faggots in here at Veeky Forums don't even know what an asset is, or how they make money.
Lol
>two hundred dollars
Cool life, bro. You want to take $100k and turn it into what? Greater returns? A legacy? You have to tell me why and I will explain how.
I know $200 is nothing. Making ten grand is wicked easy when you play the right game.
But God damn, for a Sunday out in a hot market, I had more fun than gazing at a screen. I got to check out hot bitches, create art, and establish relationships. And that is what Life is about: fun with others, building relationships, and making money doing it.
If Crypto is this for you, then cool story bro. Bitches don't cream for your Crypto, but they do cream my creativity.
Oh yeah, if you are 100% willing to gamble than you will gamble away 100% of your 100k. Just super sayin.
Traditional safe investments yield 5-8%... With the potential to yield 0 or even cost money during downturns. Crypto has shown some insane returns, so I'd be crazy not to throw some money out into the market.
Not sure what my overall goal is. To make it grow, obviously. 2/3/4/5x... 10x... Whatever is feasible. If I could turn it into another mil or two, you can bet your ass that I'd pull it out and buy more real estate or invest more into the stock market (traditional investments)
It is a pretty cool life. I worked hard and got really lucky. Pic related
So bitcoin, lite coin, and ethereum will go down to 0 along with the other 5-6 shit coins I day trade to acquire more bitcoin, lite coin, and ethereum? That's a hell of a prediction.
I just started writing some shit but why would I try to give you advice you've already made it
Because I'm a nice guy. And so are you. Let's hear what you have to say. There's always someone with the know-how and no means, and someone with the means but without the know-how. When those two cross paths, magical things are possible
>super sayin
If I honestly had that much money I would diversify evenly with 100k across 4 or 5 of the top 25 alts on coinmarketcap that look the most appealing to me. At that point you only have the solid & established cryptos which have really taken over their niche. Eventually I'd consolidate that amount into whichever ones are performing the best. With the rest I'd gamble on cryptopia with shitcoins that I could easily be a market maker on.
You sound pretty chill. So I don't mind talking.
Your goal is weak, returns don't mean a damn to your posterity or your divorce attorney. Only written & recorded relationships (ie trusts and funds), as well as real estate, are of ultimate value in this solar system. You would be better off taking that $100k and building an online business which nets you more in the end and evolves over time. You have to always consider that the globalist ideal must evolve to to consume the solar system itself.
Second, speaking of the internet. The stability of the internet, which has shown its self to be incredibly stable and unstable at the same time, is better used for generating user transactions. Being a user participating in the system of Crypto exchange means you are just jerking off in a corner along with the rest of the bukkake tsunami. As markets continue to redistribute wealth and entropy consumes the material wealth of this planet, eventually all digital money will be valueless if you are not space-trotting.
I understand you want growth, but growth for growths sake is cancer.
Gamble.... Fucking stupid. Go to a casino faggot.
I have a bread and butter business. This is strictly an investment. It's not growth for growths sake, its growth so I can provide for my family, current and future. It's also growth so I can pass on to the next generation.
How high are you, user?
Sorry I tagged the wrong post. Thanks for your input my man
I'm high as fuck which post did you mean to tag?
Sober as a clam, dick head.
Gamble your money, your just playing with the equivalent of penny stocks.
Build more businesses. Stop wasting time on money. Buy experience.
I do love to throw dice. Only on occasion though. 5-10k every 6 months or so. Ive had really good luck in casinos, so I don't push it.
Honestly, though... I'm thinking 50k in btc, 30-35k in ltc/eth, 15-20k in whatever. Xrp, ans, other fluctuating/day-tradeable shit. Thoughts?
>13 posts by this ID
Your philosophy sounds great and all in theory, but I live in the real world where things cost money. I experience plenty. Work hard, play hard.
Hahaha
You can't go wrong with any of those. It's all a matter of when you buy in. Best advice I can give is to look at historical data on the top coins and see which ones have persisted. You've nailed 3 of them, and 50k in Bitcoin right now could be worth a million in ten years which is what I'm personally saving for.
Sounds like a precious metals portfolio. You might want to exam values that provide you with more retention. 50k gold (you can buy gold with bitcoin, & visa versa), 25k btc, 15k eth/ltc, 10k high volitility coins. Having 10% working like a slave will save your ass more than over working 20%. Besides, you have to think long term. Stop thinking like a gamble.
You are just dumb. Have you ever spent 100k?
Thanks user. Good info.
hay guise I want to put 100k in crypto, how shall I split it up?
> 50k in gold
The fuck are you even talking about?
PS... Long term hold is the plan
Also, the only reason I call this whole thing a gamble is because that's what it is from the perspective of traditional investing. This industry is a baby. Volatile and uncertain as fuck. Real estate is not. Stocks/bonds are not. Precious metals/diamonds/bullets are not. Get it?
This thread is a fucking headache.
You need to research the fundamental properties of each crypto you are investing in.
- How many are in circulation now and how many can be mined? How large is the block reward? How often does it decrease? Is it premined?
- Is the currency deflationary or inflationary?
- Is it a currency, smart contract, vaporware pajeet coin, financial IOU, etc?
- Is it a PoW or PoS reward system?
- Wallet storage and system of backups to recover your investments
- What is the volatility and liquidity of the crypto? - Which exchanges own the greatest shares of the volume... where are the exchanges located?
- Are there any potential hard forks in the coin, development issues, etc.
- Development team reputation and community engagement
- What is unique about the coin that others can not do or is it the leader of its type?
There are tons of websites and tools to jump start your investments but get involved and try using crypto. Just transferring crypto can be a royal pain due to limitations, speed, or site regulation. I ended up testing everything from compiling the blockchain, building mining rigs, studying trading, streamlined alerting systems, wrote trading bots and bought into ICOs just to experience and understand the process. Ultimately I day trade and invest in ICOs with potential. You'll find your way and even if you threw all of it into BTC you would probably win out. Most of what you see today will not be around in a few years but the winners will be powerhouses until the day our systems, privacy or storage methods are no longer viable. Every currency has a lifespan.
This thread is about value, gold is of value. Btc is of value. Slaves are of value. Your diversification strategy looks exactly like a precious metals portfolio. Besides, I don't give a shit what you do with your money. I am just grateful to have you here in this thread and use your money as an example.
Listen user, faggots are shilling over digital currency and advertising here on Veeky Forums. You are nervous because the ads are getting to you.
Now, obviously, you want to know what to do with your money. I get that, everyone wants to know what to do with their money. Especially when it comes to new fangled investments like Crypto currency. But let's consider this just for a moment, assume that you bank all 100k on penny stocks. And your entire portfolio of penny stocks loses 35% of their value either due to bad picks, mismanagement, a political shift in the internet economy, or an act of god. Are you okay with that? And if you lose 100%, are you okay with that. Are you okay with telling people you lost 100k on penny stocks? Would you be cool with telling people you lost a years salary (for some)?
I started this thread to talk about value. You want to invest value which will appreciate. You missed the first wave of crypto. Get over that. Think bigger than Veeky Forums. Go and improve the lives of others by investigating how you can reinvest that money into your business.
Fucking tits. God damn. Drop the knowledge and wisdom bomb.
Beautiful. Thank you, great info. How would you store 50k in bitcoin? Pc wallet?
Goodnight, sweet prince.
Hardware cold storage wallet, Trezor or KeepKey. KeepKey is only BTC. Trezor can hold a couple different cryptos. They are used for cold storage. Read up on backing up the private keys of the BTC, or any crypto, you purchase to tuck away in a fireproof safe. That will be your backup plan in case the hardware or software wallets are destroyed.
keep all your coins on the exchange
trust
There are too many viruses and malware these days looking for crypto wallets on the systems they infect. The risk is gone with cold storage.
you're a god amongst men, user.
Any suggestions on resources to educate myself on the topics you mentioned?