[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 228 KB, 828x858, BC30A3F6-A7AB-4188-9183-FC56BCD52ED2.jpg [View same] [iqdb] [saucenao] [google]
25298650 No.25298650 [Reply] [Original]

My biggest fear is trading away my portfolio now that we are in a bullrun

I had $200k plus back in 2018 and it all evaporated from holding alts and trading it away. All that remains from that is $15k out of the $190k you see in that photo

Over the past 2 years I added more fiat and bought up tens of thousands of $ of Eth and a bit of btc as I had faith that the market would turn. To date since 2017 I’ve put in close to $100k of fiat....

I kind of feel like I should now just sit on my hands for the next 12 months as this might by some slim chance hit $1m.

I’d cash out half to finally get my initial out and some profits (less 50% tax)

Realistically will my portfolio h it $1m or could it go higher? I kind of feel there is a completely different narrative and underlying factors driving btc growth this time vs 2017

>> No.25298764

>>25298650
>feel like I should now just sit on my hands for the next 12 months
yes. dont touch alts except maybe link or XMR

>> No.25298834

>>25298650
better off just holding coins you know will gain value like BTC, ETH, GRT, Link, XMR and then use some extra cash to sling weed on the side to make your money back because oof....

>> No.25298845

>has 100k to invest in crypto
why are you even in crypto?

>> No.25298914

>>25298834

If you all in GRT right now you'll make at least $5m in the next year, not even kidding.

>> No.25298942

>>25298650
Just hold it dude even if it dips by 3-4x. If you’re very ambitious try to time the market and tether up. If I tethered up in 2017 at 250k And bought back in I would be well into the 2-3M range now instead of 600k. It’s not great advice but if you feel you need to make it faster then you need to think differently than the masses.

>> No.25298951

>>25298845
Because I’m a degenerate gambler like everyone else here.

You also can’t do much with $100k which has been put in over the past 3 years.... not in a single chunk

I have a mortgage so it would be nice to pay a chunk of that off one day

>>25298764
I probably wouldn’t buy link, most of the exponential gains have occurred and eth/btc is a far safer play

I do like to gamble a bit on uniswap shitcoins and have done very well over the past 4 months

>> No.25298972

>>25298845
Are you retarded?

>> No.25298977

>>25298845
Are you dumb?

>> No.25298991

>>25298942
I’m trash at timing the market... 2018, 2019 and part of 2020 wrecked me as I mentioned in my first post. I try to mostly hold now and tethering in a bull market is just asking to get rekt. I’m a shit trader

>> No.25299080

>>25298991
Conquer Trading and Investing on youtube, if you watch his videos every day you will know exactly what's around the corner.

>> No.25299160

>>25298977
maybe
I live in slavland and 100k is life changing here

>> No.25299184

Lawl you sound a lot like me. Hit 800k in 2017, cashed nothing out, lost it all buying absolute shitcoins through the bear market (hit 20k at absolute lowest) now I'm somehow back up to 650k after nailing some big alt runs in the past months. In a bull market its easy to do this but just dont hold after 2021 lol

>> No.25299254

>>25299160
I live in Australia... $100k doesn’t get you anything. Minimum wage is like $45k here so cost of living is high

>>25299184
Congrats. You did well to recover

My portfolio peaked at 15btc value... it’s now just 5btc value. All I had to do was move my funds into btc and sit. Hindsight is a wonderful thing

>> No.25299366

>>25298650
Are you me?

>> No.25299400

>>25298650
Are you me, bro?

I put in 20k in 2017, my ath was 256k, then it dropped to 17k a year later, added 60k more, now at 226k.

We will make it, my friend. Just hodl.

>> No.25300241
File: 343 KB, 600x809, pep1.jpg [View same] [iqdb] [saucenao] [google]
25300241

>>25298650
realistically if you want to hit 1m....put some of those in Tokamak....they are the only L2 aggregator now and looking at the activity on the eth chain, they are bound to moon in Q1 2021

>> No.25300339

>>25300241
Could you shitcoin shills be any less transparent?

>> No.25300377

>>25299184
how did you do it, went from 20k to 650k?

>> No.25300448

>>25298650
you are me

>> No.25300510
File: 385 KB, 900x710, 322-3229891_transparent-edamame-clipart-pepe-the-frog-staring.png [View same] [iqdb] [saucenao] [google]
25300510

If I had 100k usd i would never bother with crypto or work again. But maybe it's because I live in america, i assume 100k doesnt go as far in other places.

>> No.25300560

I like the degeneracy of it all but being realistic the dollar is a steaming piece of shit. I hold btc and eth as a hedge against inflation, link for returns, and xsn is my total scam mega ultimate shitcoin that is going to zero or maybe a few dollars. $10 makes me a multimillionaire but it's a long shot.
This is how crypto should be played. Btc and eth to preserve money so at least you don't lose everything, a good project thats a sure thing, and a terrible project that might surprise you. It's more fun than trading at least because you have to think about it and then you're locked in, for better or worse.

>> No.25300583

if you wanna fuck with alts only use like 10% of your stack, keep the rest comfy in eth and btc

>> No.25300599

>>25300510
ya same i dont get it buy a houise or something

>> No.25300680
File: 46 KB, 400x400, ASDASDQWGAKDQW.jpg [View same] [iqdb] [saucenao] [google]
25300680

>>25298914
How certain are you of GRT 10xing next year?

>> No.25300773

>>25300560
Same strategy here. I'm 90% BTC, 4% ETH, 5% GRT and 1% PRQ.

>> No.25300772

>>25300510
Yeah, if I had $100k, I’d be set for life. But you’re on /biz/, keep in mind most of these portfolio posts are fake. No one really has that type of money.

>> No.25300855
File: 69 KB, 363x406, 1599887136874.jpg [View same] [iqdb] [saucenao] [google]
25300855

>>25298834
>>25298914
>GRT

>> No.25300882

>>25298650
>I had $200k plus back in 2018 and it all evaporated from holding alts and trading it away. All that remains from that is $15k out of the $190k you see in that photo
There really isn't much you could have done to change that except all inned BTC/ETH during the bear, I was in a similar situation, portfolio peaked at $500,000 in early 2018, bottomed at $30,000 ... Currently worth $70,000 ... All I did was hold during the bear, the only thing I could have done different is sold my alts at the peak and just held BTC during the bear... but if I had done that after taxes I'd still only have roughly $250k currently so I really don't even thing about it

>> No.25300890

are those australian prices or something?

>> No.25300934

>>25300855
retard

>> No.25300961

>>25300934
dumb money is (You) anon

>> No.25301139
File: 151 KB, 998x968, 350B53A8-C816-442E-9115-71EB9BD31BFB.jpg [View same] [iqdb] [saucenao] [google]
25301139

You need at least a million to play here otherwise you won’t make any money. Sorry. Minimum buy In

>> No.25301154

>>25300772
I get $100k is life changing for many and it’s very dependant on where you live. If you live in a country like Australia where cost of living is high and buying a house will set you back $800k, then $100k isn’t a lot

>>25300890
Yep. Aud

>> No.25301538

>>25301154
I live in New York.

>> No.25302049

>>25301538
Fren.... one of the few places this money would have even less buying power

At least your rents have been dropping due to covid

>> No.25302080

>>25301538
How the fuck would you be set with $100k anywhere in the world, much less NY

>> No.25302334

>>25300772
Are you seriously that deluded? Plenty of people on biz have hundreds of thousands - I know, I follow their wallets. I have 400k in crypto

>> No.25302583

>>25302080
Any ching chong, spic, or Eastern European country you’d retire like a king for that

>> No.25302723

>>25298991
Bam! You learned your lesson.
Learn about trading. Practice some trading. But until you get comfortable, patience might be a better personal strategy.

>> No.25302739

>>25300510
wtf 100k doesn't go very far in America too

you're probably really young if seems like a lot of money to you

>> No.25302801

>>25298650
put some into PRQ before tomorrows announcement, and watch it moon next year anon. As always, DYOR

>> No.25302881

>>25302739
not OP but i am 34 and 100k seems like a lot of money to me. literally wasted my twenties not working and getting a fucking uni degree.

i'm nearing 100k in my portfolio atm though.

>> No.25302943

>>25299080
Based

>> No.25303343

>>25298650
you’ll be fine. you’ve done the hard part now sitting on your hands is your best strategy. still gonna be hard though.

>> No.25303443

OP, we're on the brink of global hyperfinlation
HODL

>> No.25303712

>>25298764
Or hex