Post
Topic
Board Economics
Re: If you had 10000$
by
Gibreil
on 02/11/2018, 09:29:13 UTC
I'm hoping for 10x in about 2 years
You're looking to make 10 times your investment within 2 years?  Dude, you really ought to lower your expectations unless you know something nobody else knows.  And if you plan to make that money in the altcoin market, be prepared for some serious disappointment.  One of these days people are going to figure out that there's no point in owning 99.99% of altcoins on the market, that there will never be any real-world use cases for any of them, and that the only thing they'll ever be good for is trading them with other suckers.

So, as to what to do with $10k.  If I were you, I'd either buy bitcoin (and that's pretty risky itself) and hold it, or I'd wait until the stock market crashes and then buy some good dividend-paying stocks when they're cheap.  Stay out of the shitcoin market if you know what's good for you, because the good times of making easy money aren't going to last.  In 2 years many shitcoins might not even exist anymore--or at least there might not be any buyers for the ones you want to sell.

Good luck and remember to put the dollar sign before the dollar amount.  lol
That's true! Trading is not a gambling where the rewards you will get double than your capital. Trading needs time and 100% increase is not absolutely normal for a coin. Maybe, you can get that when you hold it for a long, long years.
Lower your expectation and know the real thing in trading so that, you manage your risk and reward perfectly.