Asking the Crypto experts

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  • 2Sweeet
    SBR MVP
    • 08-31-22
    • 1560

    #1
    Asking the Crypto experts
    I ran into a few bucks and am looking to invest 20k into some crypto. Any suggestions from the guys in the no around here Raiders etc???
  • pavyracer
    SBR Aristocracy
    • 04-12-07
    • 82967

    #2
    Raiders said earlier this year that it will bottom out around September of this year. I think if it holds the bottom of 60ish k that it hit a couple months ago one more time then the only way is up from there until the next doubling in a couple years. If you are looking for a short gain probably not a good idea to invest now as it is volatile and trades between 65-75k based on news cycles.
    Comment
    • QuantumLeap
      SBR Hall of Famer
      • 08-22-08
      • 6938

      #3
      I just invested in ETH at $2070 because it appeared to me to have bottomed out recently. It also has some variability which allows for some profit taking.

      It's also relatively established so it seems to have a base of support from being well-known.

      You're not going to get rich with it like some of those coins that go 90x but I think it's a good investment.

      Click image for larger version  Name:	image.png Views:	0 Size:	33.6 KB ID:	29933269
      Comment
      • biggie12
        SBR Posting Legend
        • 12-30-05
        • 13811

        #4
        invest long term ? short term whats the goal?

        Comment
        • biggie12
          SBR Posting Legend
          • 12-30-05
          • 13811

          #5
          Originally posted by QuantumLeap
          I just invested in ETH at $2070 because it appeared to me to have bottomed out recently. It also has some variability which allows for some profit taking.

          It's also relatively established so it seems to have a base of support from being well-known.

          You're not going to get rich with it like some of those coins that go 90x but I think it's a good investment.

          Click image for larger version Name:	image.png Views:	0 Size:	33.6 KB ID:	29933269
          I think you would be better off waiting till after summer. But I've been wrong 100 times before... Or I would of had a 9 figure bankroll by now
          Comment
          • Optional
            Administrator
            • 06-10-10
            • 64030

            #6
            Originally posted by 2Sweeet
            I ran into a few bucks and am looking to invest 20k into some crypto. Any suggestions from the guys in the no around here Raiders etc???
            If you want to keep it simple, as far as Bitcoin goes I think it's a good period to buy weekly (Dollar Cost Avg) for a while. Looking to hold for 1-4 years or longer.

            Might be kidding myself a bit but a medium term hodl strategy feels almost "safe". Maybe safer than traditional passive investments over time with the world volatility going on.


            .
            Comment
            • QuantumLeap
              SBR Hall of Famer
              • 08-22-08
              • 6938

              #7
              Originally posted by biggie12

              I think you would be better off waiting till after summer. But I've been wrong 100 times before... Or I would of had a 9 figure bankroll by now
              Oh, believe me, I've been wrong plenty of times too!!



              I did get lucky back in late 2013 with an alt coin which I used as a down payment on my house. I'm looking to sell it soon to downsize and I have a good amount of equity built up after 12 years so crypto also doesn't have to be the end game.
              Comment
              • biggie12
                SBR Posting Legend
                • 12-30-05
                • 13811

                #8
                my best coin was also an alt (Shit) coin its my avatar picture it got me started in Crypto and thankfully I hit a couple other big ones after that one.

                Comment
                • flyingillini
                  SBR Aristocracy
                  • 12-06-06
                  • 41412

                  #9
                  Originally posted by QuantumLeap
                  I just invested in ETH at $2070 because it appeared to me to have bottomed out recently. It also has some variability which allows for some profit taking.

                  It's also relatively established so it seems to have a base of support from being well-known.

                  You're not going to get rich with it like some of those coins that go 90x but I think it's a good investment.

                  Click image for larger version Name:	image.png Views:	0 Size:	33.6 KB ID:	29933269
                  Good move here!
                  המוסד‎
                  המוסד למודיעין ולתפקידים מיוחדים‎
                  Comment
                  • QuantumLeap
                    SBR Hall of Famer
                    • 08-22-08
                    • 6938

                    #10
                    Originally posted by flyingillini

                    Good move here!
                    Thanks. Hopefully it takes off like it has done in the past. I would like to see it double from when I bought it.
                    Comment
                    • 2Sweeet
                      SBR MVP
                      • 08-31-22
                      • 1560

                      #11
                      Originally posted by biggie12
                      invest long term ? short term whats the goal?
                      Long term
                      Comment
                      • 2Sweeet
                        SBR MVP
                        • 08-31-22
                        • 1560

                        #12
                        Good info so far. I have btc and eth already. Looking for something new.
                        Comment
                        • lonegambler23
                          SBR Posting Legend
                          • 06-22-16
                          • 10797

                          #13
                          Originally posted by biggie12
                          my best coin was also an alt (Shit) coin its my avatar picture it got me started in Crypto and thankfully I hit a couple other big ones after that one.
                          Biggie a staple in the bitcoin industry!
                          Comment
                          • biggie12
                            SBR Posting Legend
                            • 12-30-05
                            • 13811

                            #14
                            Originally posted by 2Sweeet

                            Long term
                            buy and stake SOL.
                            Comment
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