Long Term Crypto Investment can make you ZILLIONNAIRE

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  • jjgold
    SBR Aristocracy
    • 07-20-05
    • 388179

    #36
    No quick buck

    Best way to make money is go to work and invest wisely not in penny stuff
    Comment
    • Sawyer
      SBR Hall of Famer
      • 06-01-09
      • 7761

      #37
      Originally posted by jjgold
      No quick buckBest way to make money is go to work and invest wisely not in penny stuff
      Going to work is getting old. It was in 90's..
      Today, it's time to make money with money. It takes money to make money..and patience.

      I agree with you about ''some'' penny stuff. Yes, it's true. People looking for a quick buck, people looking for x10, x100 in few weeks. It's like betting public who are chasing high odds with parlays like +100000.

      I'm fine with a %50-80 return on my investment in a year.
      Cryptos are much more rewarding though..

      Ethereum %97,3 since last 30 days. %140 since last 90 days. %2185 since last year.
      (It's like saying Miami is 25-5 in last 30 matches, lol)
      Chainlink %30,4 since last 30 days. %75 since last 90 days. %1223 since last year.

      Yeah, there's coins/tokens increasing %90000 too but what matters is how they will perform over long haul. I'm not chasing those x500, x1000 coins. My strategy is different. Sure, you may consider to risk %1-2 on penny coins too, it won't hurt. Must be selective with these penny coins though.

      Mark my words. %90 of these coins will become trash in future. So invest wisely. Research. Some penny coins will do fine but these will be VERY rare.
      Comment
      • navyblue81
        SBR MVP
        • 11-29-13
        • 4143

        #38
        Originally posted by spurginobili
        Have $8,500 invested in Ethereum. Got more than half of it at a really good price, the other half not too bad.

        Not sure when I'll sell. Read a column that it could quadruple within the year.
        I got put $1k in there. Just invested. This has a chance of being $100k in five years.

        Also just a few hundred in Cardano.
        Comment
        • pablo222
          SBR Hall of Famer
          • 01-03-19
          • 8858

          #39
          ETH and ADA good plays in the long run.
          Comment
          • navyblue81
            SBR MVP
            • 11-29-13
            • 4143

            #40
            Originally posted by pablo222
            ETH and ADA good plays in the long run.
            Agree. I did a lot of research on both and decided those are going to be my two long terms. $1k in each. Gonna let it grow for 10 years.
            Comment
            • Sawyer
              SBR Hall of Famer
              • 06-01-09
              • 7761

              #41
              If you have ETH and ADA, then you should have POLKADOT too.
              Polkadot can reach 100-150$ this year.
              Comment
              • masr
                SBR MVP
                • 10-20-07
                • 4773

                #42
                Originally posted by masr
                I'm big on Cardano, Chainlink
                Cardano just passed 2.00
                Comment
                • navyblue81
                  SBR MVP
                  • 11-29-13
                  • 4143

                  #43
                  Originally posted by masr
                  Cardano just passed 2.00
                  It’s wise to have both Eth and Ada. Ada could be bigger reward if it does replace Eth one day. Could then soar over 100 down the road. Don’t see that happening but it’s possible.
                  Comment
                  • masr
                    SBR MVP
                    • 10-20-07
                    • 4773

                    #44
                    Originally posted by navyblue81
                    It’s wise to have both Eth and Ada. Ada could be bigger reward if it does replace Eth one day. Could then soar over 100 down the road. Don’t see that happening but it’s possible.
                    Also have ETH & Chainlink
                    Comment
                    • gauchojake
                      BARRELED IN @ SBR!
                      • 09-17-10
                      • 34117

                      #45
                      Originally posted by JIBBBY
                      Save now and spend later as you will wake up tomorrow. Money only grows with investments over time.

                      You must be patient young grasshopper and believe the sun will rise again in the next morning.
                      Ok boomer
                      Comment
                      • RudyRuetigger
                        SBR Aristocracy
                        • 08-24-10
                        • 65084

                        #46
                        We need to merge cryptos into 1 thread (sportsbookreview.com)
                        Comment
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