I just inherited $425,000 from my grandfathers passing. I've been here for a few weeks trying to decide what to buy. So far I've learned that all cryptocurrencies are all pegged to bitcoin. When btc goes down all alts do. It's beginning to look like a nice time to start loading up on bitcoin and some other cryptos here.
I'm thinking of diversing 80% into btc and 20% into some other low cap coins with promising futures. I'm thinking 10% omisego and 10% eth.
My question to you guys is. How low do we think bitcoin can go here? The last low was 6000. Could we possibly break that point? I really want to buy the bottom of this btc crash. Thanks for any sound advice.
if you know about the tech you know what you will do
if you know that btc is not profitable for miners under 6k you will also know
Sebastian Rodriguez
This recent low is due to cuckerberg banning crypto ads. Theres a concerted effort to keep crypto from booming again. These rich faggots cant even drop btc to 5k, theyre failing miserably.
Dont buy crypto now, this shit will continue to go down for months to come
Nathan Long
>:grandfather works all his life to give inheritance to future generations >future generation blows it on crypto
just spend it on blow and hookers
Angel Foster
> get abunch of money
> immediately gamble it away
Noah Wilson
>Putting half a mil in fucking crypto >DURING A BEAR MARKET user dont do this
Jaxon Scott
LOL U RETARD WHEN DO YOU THINK HE SHOULD BUY? IN THE BULL MARKET AT ATH?
Nolan Collins
buying at the all time high would be a better idea then putting in money now, yes.
Justin Williams
I don't if you are trolling or what but.
Just buy a fucking house and chill out.
Nolan Miller
This so much. Or just put it in some market ETF with a reasonable dividend and get a job.
Aiden Thompson
Yes unironically. We are about to bleed for 2 years
Jaxson Ross
put it in Bitcoin and hold for a year. Nothing ventured nothing gained. Also buying Coexistcoin on the Waves DEX will off set your taxes because its a verified registered charity and, you can ask them for a receipt if you buy it through thier webpage.
Jace Hughes
Buy yourself a nice little condo for 200k. By a sweet car for 25k.
Take 150k and put it into these cryptos: >50k BTC >30k LTC >30k Veritaseum >20k Populous >20k Omisego
Some honorable mentions you might want to consider would be: Pillar, Theta, AdEx, SALT, Nano and NEO.
Take the remaining 50k and life off of that for a few years and study and figure out what you want to do with the rest of your life. If you do all this you could be a multi millionaire before 2025 easily.
Blake Garcia
LOL 2 YEARS IN CRYPTO
KYS u literally have no idea
Bentley Baker
100K crypto
50K Bitcoin 20K Qash 20K Vechain 10K Nebulas
If crypto doesn't collapse you will be a millionaire. And even if it does you have very solid coins with bitcoin and vechain.
Cooper Powell
buy a flat or something and rent it out
Christian Williams
all in link you know im right
Aiden Anderson
I wouldn't risk that much. Personally if I was you, I'd study the fundamentals of day trading and candlesticks. Take $10,000 of that money and put it into bitmex. After that, only trade rumors and good/bad news and all at 25x leverage. Sometimes it will be ripple and sometimes it will be bitcoin. If it's bad news then short the coin and if its good news then long.
Juan Davis
>future generation 10000xs it on crypto Ftfy
Dylan Cooper
>JUST BUY A HOUSE LMAO
Dominic Thomas
Is there a good enough property/rental market in your area? If I had that kind of money I wouldn't put more than 100k into crypto. It's far from dead, in fact it's kind of just been born into the world at large. Buy nothing except top coins such as BTC, BCH, ETH, LTC. Anything else is very risky and not necessary for you.
The rest I would get into rentals for 10-20%pa and live off it.