LogFAQs > #980324323

2Pacavelli posted...

My top 4 holdings are BTC/ETH/XRP/ICP, and after that a variety of alt coins like FLR, HBAR, ALGO, XLM LTC and others

ICP is the one that has given me the most significant gains in recent months. If I withdraw from it I'm have to pay short term capital gains

Half that stuff doesn't have a future yet they keep chugging along anyhow. XRP is especially egregious because they talk about bringing blockchain technology to banks and yet banks right are talking about how they're integrating Chainlink to connect their blockchains together. Yeah I'm gonna shill link but I'll be honest in that it's been below its all time high since 2020 and hasn't picked up despite the BTC returning close to its ATH. In other words, they're not letting the price pump until people here are using services that are using Chainlink under the hood in the next few years.

But I can tell you HBAR isn't going anywhere, they even had an incident in the last two weeks where they mischaracterized tokenizing Blackrock funds and Blackrock had to issue a statement that they weren't working with Hedera. The price pumped from the mischaracterization and yet the clarification statement didn't bring it back down to the norm.

I won't speak of ICP since it's doing well for you but for the others, unless they're working with smart contract in some capacity, whether supporting Ethereum or having novel technology, I'd consolidate it elsewhere. But I must reiterate, while you definitely need to work on that credit card debt, if you were to ask everyone for advice to invest in crypto or your 401K 3 years ago, they'd say 401K. 5 years ago, 401K. 10 years, 401K again. I think it's very impressive you made it to $75K portfolio, though I should ask how much did you invest in it?

And how the hell did you rack up such a debt anyway?