House vs. Keeping Crypto Investments

Hello, I invested in cryptocurrencies like RNDR and AVAX around 6 months ago when prices were low. My portfolio is now up around 130%. I have enough profits to cover around 90% of the cost of a house I want to buy.

I'm not sure what the best move is - should I cash out 80% of my portfolio to buy the house now, leaving 20% invested? Or should I keep my entire portfolio invested, as some people think the prices could go even higher and I could potentially triple my money?

I'd appreciate suggestions, especially from experienced crypto investors who may have been in a similar situation before. What would you advise?

You should withdraw 50% of the amount as market is on its peak at the moment.

You will regret it either way.

If it's life changing, sell crypto and enjoy your new life. More investment opportunities will appear in the future.

You should take out 70 to 80% of the money you made because crypto can drop anytime, and you might lose all your profit. You can keep 20 to 30% for the next month or two. Remember how Bitcoin went from $3,000 to $19,000, then back to $3,000, then up to $69,000, and down to $18,000 again. Now it's over $70,000. So, anything can happen. It's best to take most of your profit.

Ninety said:

I'm not sure what the best move is - should I cash out 80% of my portfolio to buy the house now, leaving 20% invested?

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Yes, I suggest that you withdraw 80% of your portfolio. You won't have to worry much about the remaining 20%.

You didn't tell the reason of buying a house, are you living in a Van or something?

Congrats on your crypto gains.. Here's my advice:
Locking in profits is smart.. Crypto is risky, prices can go up or down.
My suggestion is-
1. Sell for the house - secure your dream and peace of mind.
2. Keep some invested (20%) - for potential future growth.
This gives you both security (house) and a chance for future gains.

Buying house is the best Thing. You can even use the house for rental income.

I was in your shoes, I bought the house outright with cash.

The reason? Once you have the home, and there's no mortgage, you can take the sorts of risks no one else can.

Usually if someone starts a business they're worried about failure because they got rent and bills to pay. Me, and potentially you, don't have to worry about that. We can go balls to the wall every time as no matter what happens, we won't be homeless. And if the business works, congrats, you buy a home with a mortgage knowing there's always a backup. You can rent the backup in the meantime too.

Literally betting the house on shitcoins isn't a good idea, as evidenced by the time between your post and now. You're losing money the longer you wait. Cash it out, buy the home. Real estate also goes up in value if that's what you're worried about, don't let the potential greed win.

Yes, defo do the 80 20 thing, that's the most common sense approach. Take your profits now, to buy a roof over your head. You need a place to view your investments and run your business after all, and if you can't spend your internet money on things like this, what you waiting on? losing it all ? hopefully not. Bricks over Crypts all day.

The Question whats a Withdraw for you?
Putting it in a Stable Coin?

For me To be Honest I made an Interesting plan.
I don't Withdraw to Stable/Fiat Currency.

I transfer funds to a Different Crypto with different Potential