Been involved in the crypto market about 18 months and getting back into it this year after not doing much at the end of last year. I am trying to figure out the best straggly for building my portfolio with the aim of 20x my investments is euro terms by year end by trading, long term investments or staking
Since doing more trading in the last few months I have noticed a pattern. I seem to be able to double small investments in shit coins quickly like in a week or so and get 30-50% gains in a few days but cant compound that long term or with higher amount of cash. When I say low amount of cash I mean like 50. I have one investment of 50 and based on current estimates I should have doubled that in a few days
Now obviously if I could compound that weekly or monthly it would be amazing but cant do it. Heck even if I could double 1000 every month and remove profits it would be life changing.
Any advice on moving to the next level or what I need to look at in order to reach my goals
If you want to double your capital within a few days only, I think there is a big chances to make it happen if you are going to buy coins that are listed at the top 5 coins at the coinmarketcap, I assure with it because those are very aggressive in terms of their price value according to my observations based on my opinion too.
absolutely right and in my own opinion to double the capital you have to choose the top altcoin like bitcoin and ethereum, because the two coins have proven to be coins that promise results