Let's say I have 10-25k to invest next bear market, is it possible to make it in the next 5-10 years, maybe a bit longer than that? Was thinking to get some BTC, XRP and LINK during the supposed upcoming recession but have also heard everything will keep going up from here
Forgot to mention I'd also be selling my small townhome to get the money for this but it needs a lot of repairs, I'm trapped in a bad HELOC and I'd be living out of my car. Even if I get approved for autismbuxx I will be barely scraping by and principal will kick in, in 2028 so my payment will go up as soon as I pay off cc debt. Should I freedom maxx and live in my car while investing in crypto?
>>60932871>>60932729Everything has pumped too much and low caps are all scams that won't break top 100
>>6093272910 to 25k might help you retire in 20 years. For that long of a time frame its probably just BTC. Crypto is past its giga percentage pump phase of its adoption, too many people know about the 4 year cycle and the marketcap is too high.
>>60932911Even in the next bear market it wouldn't be worth maxxing crypto? I'm too autistic and keep losing office jobs and get stuck doing food delivery, unemployment runs out in a few months so either I go back into IT and risk the same situation happening again and slowly get poorer or take a risk now and go for some gains. But I've heard this said before that everything has pumped too much. I just thought they meant for this cycle..
Also I heard BTC will bottom out at 40k next bear. Wouldn't 20k be enough to get half a BTC? I only need 500k to quit working
>>60932729
>>60932729yes obviously. Dont listen to the absolute retards on this board. Crypto is getting mass adoption, Companies are investing, governments are finally investing, banks are investing and they are all trying to frontrun you with FUD. the news has never been more bullish on crypto. If you want to play it safe invest in BTC but there's no chance the top 20 cryptos dont just get bigger every year. Etherium is shit and yet companies are going crazy for it just because its the number 2 crypto. we are at the beginning of mass adoption. I dont recommend XRP or Link but they will still make a big profit in a few years.
>>60932934YES
>>60932931Not OP but im in a similar position. Have about 30k sitting and i would rather do something with it than let it rot Would it be wise to buy btc and cold wallet it for the next decade or so
>>60933237Yes definitely. are you guys completely new to crypto or something? BTC is going to 1,000,000 in 5-10 years.
>>60933346Recommend a good cold wallet. I dont trust amazon shills
>>6093336i use a trezor. very cheap on amazon comparitively and didnt have that recent hack like ledger
>>60933346This is why I hope it goes to 40k, that way I could get probably half a coin. You guys think XRP will take off by then? I have 200 of those.. I almost sold my place last year and got 35k after closing to buy half a BTC, is it too late for this chance again? I might be able to put 15-30k into BTC
>>60933568I dont think BTC will ever see under $60k again. If it does you absolutely should buy it. Also try to start seeing BTC as a savings account. You arent going to make crazy money on it comparitively but it is likely you will get a 10x in 5-10 years which knocks stocks and savings accounts out the park. BTC is long term storage. Alts are unreliable but they also will definitely be worth alot more with higher returns than BTC over time. XRP i think can do a 3x by the end of this year, but it wont stay that high after the peak. BTC is likely to go $180-$200k at the next bullrun.
>>60933346it's not going to a million dollars you dumb fucking retard
