Post
Topic
Board Altcoin Discussion
Re: I have some 16000 usd but need to know investment portion
by
Altcoinsintel
on 19/02/2021, 07:42:50 UTC

i have done many jobs and hard earned 16000usd. If i invest on INJ , ETH, DOt or any other potential coin. What is the investment amount or ration that would you all recommended ?

1000$ or 3000$ or 100$ or any other amount?


You made this kind of money with sweat and effort. Investing is fine, but consider doing that with patience and not when prices are so high. I was also tempted to do the same but look again at the market. It is horribly overvalued and anytime it can start crashing with just one bad news appearing. It is close to one year right now since the last halving of Bitcoin rewards and while we can have a few more months of a bullrun and altcoin season, I have started feeling the risk being so high that I can't put money in it at all. Pay attention to the prices, they will go down a lot at some point. If possible, just trade and be ready to exit if there are signs of prices collapsing.