Suppose my family is interested in giving me 120k USD to invest in "that cryptocurrency computer thing". As you know, 120k is a considerable amount of money, so it would be better for me to not screw this up.
How would you assemble a portfolio that could at least safely pull at least a 2x in one year? How much should of it should I spend in 'blue chips' like ETH and BTC, and how much should I spend in altcoins? Help me out bros, I've never had that amount of money to invest in and am unsure what to do.
I'd just go 50% in BTC/ETH, and 50% in smaller caps.
But by small caps don't buy total garbage. Buy promising coins that already have at least respectable volume and on decent exchanges, good development, an ongoing community, good funding etc.
Stuff like FTM, ONE, NKN, MATIC etc that kinda thing.
Isaiah Butler
If you are completely new to crypto, 33% each in BTC, ETH, LINK
If you have been around for a few years you should know how these ratios should be changed.
Aiden Brooks
If you actually had that kind of money ready to invest, you would know that dividends/interest is what you'll need. Putting money into something that could 3x in a few months but then tank again back to the levels you bought at (or lower) is not a good investment at all. Put 100k in traditional markets, 12k in BTC, 6k in ETH and 2k in shitcoins.
Jace Mitchell
>buying stocks at ATH versus buying alts near ATLs
OP please don't listen to this ginormous faggot
Brody Morgan
For the record, I'm also open to other investments. Stonks, boomer rocks, whatever it be.
I swear it's not a LARP, user.
I've been around for a while, bought LINK early 2018 with lunch money, hodled it through the crab market, and then it pulled a 10x. I really wish I had this money a year ago, oh well.
Henry Baker
cap this so you cry in the future when you didn't listen: 80% BTC 10% ETC 5% ETH 5% Shitcoins
Angel Thomas
Spend 120K on LTC. Wait til after months of Halvening to 3-4x in price. Rebuy BTC / ETH / XMR and whatever change you got left buy BRAP. Thank me when you are RICH.
Pick one. Get ready for the recession OP. You'll have plenty of time to buy everything ATL. Anyone who thinks this is a bottom for anything is a delusional retard. We're past a decade into a bull market and the economy is slowing down.
Jackson Scott
>I really wish I had this money a year ago So what changed? Do you think link is done? Have you sold your measly lunch money stack for tree fiddy?
All in on link or gtfo, you wont pull a muh1000x anymore, too bad it will only be a 100x
Julian Rogers
I am still holding on to my LINKs as strong as I was a year ago. I'm permabull about it. Infact I will expand my stack as some anons have suggested so far.
Yes, I saw this post yesterday where an user pulled out some 20 facts that shows how close we're to a global recession. Deutsche Bank is on suicide watch, PIGS are insolvent, true unemployment levels are far greater than the advertised 3.7%, that kind of red flag.
Angel Stewart
Idiot
Camden Scott
Link is a shit coin.
Connor Campbell
100k ETH
20k assorted biz shills.
Noah Richardson
Since i consider "crypto" not as investing , let me tell you straight.
Invest most of it in ETF's which pays dividend , and stocks , bonds.