Hello guys,
I'm already in Crypto since march 2017 and made a decent amount of money to pay off my bills and some holidays.
I had a situation in my family few months ago where I received a lot of money from my dead granma.
I would like to chose ONE crypto and go "all in" with around 50k usd.
My goal is 1 year HODL and then withdraw most of it for an house or something like that.
Doing my own research I found ICON (ICX) as possible 10-20x cryptocurrency in this given timeframe.
PS: Please do not suggest unknown or shitcoins. (I know those may make a good money but I am not confident on putting so much money in these).
DZ
EDIT: I already invested few days ago and actual portfolio is like this:
5500 Wan
5500 ICX
1.5 Bitcoin
35 ETH
170 NEO
30 LTC
7'500 Ripple
10'000 Stellar Lumens
10'000 Cardano
30 Monero
2'500 IOTA
600 Waves
40'000 Envion ICO tokens
40'000 WePower ICO tokens
250'000 CarVertial tokens
150'000 Sharpay Tokens
Nice man you will have at least 10 x at the end of year. Of course, if you are patient enough. Good luck!
That is a diverse portfolio and it always pay off in the end. $50000 is a handsome amount and in my opinion, you should not spend all in crypto because of the uncertainty in the crypto world that can often be chaotic and time consuming.
Better apportion some of the money to be invested in bonds issued by companies with zero default risk or could also be invested in shares announced by good companies that can grow in terms of value with time. The diverse portfolio is better way to keep the risk away in the crypto market.