If you had 10000$ where would you invest it? I'm hoping for 10x in about 2 years, how would you personally split that money? There are so many altcoins that I dont know which to pick, I remember the top 5 altcoins from years ago and now they are all gone, so should I only invest in BTC end ETH or others like NEO, ADA and EOS?
This time of down market if l have$10000 I'd rather choose to invest in a business that will have a profit for my family needs.l have to secure my kids needs because l experience of having no money and my kids haven't eat.
why we did not use some of this money to bitcoin or altcoin.we know that all cryptocurrency pric down alot, so its be our advantages buying on low price.
When we talk about investing bitcoins and cryptocurrencies are the best source for highly profit. Since we're investing high amount so the patient wound be high too. I think a wait of 3 or 4 years can makes your invest into profit.
A lot of people laying hands on such amount of money in this space will sure know what to do with it. What I will only advice the OP is to do his due diligence on any project he wants to invest in, considering that a lot of altcoins in the market are just pure scams and he really wants to understand what makes them tick before even attempting to hold them for the long term.
For this reason and without having to take a huge risk so much, a lot of people would rather in most cases just concentrate on bitcoin at least in more percentage of your holdings and spread the rest on few other altcoins you trust their potentials in the long run.
I will always believe a lot of people will never stop having soft spot for the space, considering that keeping money in fiat over time has never been a good store of value and pretty much tired of banks anyway. However, even as tired as we are, we still have to always play it smart.
I also have a lot right now in cryptocurrency and I keep adding as much as I can every time, with bitcoin of course being my main target for long hold in the long run, but at the same time, we also have to understand that every investment comes with risks and that is one of the reasons why we should at least try to manage it to the extent that even if things tend not to work as planned, we are still not in a huge loss, and if things work out, we are still getting the best out of it.