Post
Topic
Board Speculation (Altcoins)
Re: Where and how best to invest?
by
Adunni6758
on 14/10/2018, 14:32:39 UTC
Hey. I wanted to ask your advice. Am I right to make 60% of my savings invested in bitcoin and Ethereum, 40% in EOS and NEO. Bought recently on a price reduction and I'm sure in the long run it will bring me a good profit but maybe cost another distribution of my funds?
I see that you are investing or that you might have invested all that you have been able to save all this while. To me, i feel it is a wrong decision. Even though you are investing on good coins, it is still not advisable to invest all your life savings into crypto.
There are even times you might need fiat. Let's say for instance, the market is down and you cannot use the coin you have at hand, because it has plunged. In this case, you might use fiat to buy another coin.