I am about to reach a milestone is my trading/investing and am going to reevaluate my trading strategy moving forward.
I want to set myself a goal of increasing my BTC by 10% a week (compounded) and wondering what is the best way to do this
Should I invest in small cap coins, coins with high volume. Invest in one coin a week or to different trades each day.
What would you recommend and is it achievable long term
10% in a week is not impossible but it will need expert hands on trading. You will have to do it regularly to achieve 1-2% daily and diversity in your investment is needed (not to invest all in a single coin).
In this bear market conditions it's better to do short term trading instead of long term.
Definitely it is possible even if the market is still at bearish because we can use the sideway movement to make small profits and keep repeating this many time to reach 5% profits daily but it is not reachable everyday but 10% in a week is possible for me.