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
It will be best if you invest in smaller marketcap cryptos with large daily-volumes provided it will be easy for you to monitor all your trades at the same time which I also believe trading different coins will also involve trading on different platforms but you have to be careful when selecting coins based on volume because we have lots of these coins out there that hyped the volume of their coins.
It means you wont really see much actions on them when you get to the platform to trade them. If you invest in one coin, depending on the coin though, it is not every day you see favorable price action on a particular coin except you are trading the right coin for that period.