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
I believe that you have loosing all these while because your expectation is too high and that makes you to invest in wrong coins that will not earn anything at the of the day. Take for example, you want to invest in a shit coins that will earn you 30-50 percent return withing a short period of time. Come on Man!! Your expectation is too high and I will advice you to invest more of your money in Bitcoin, Bitcoin Cash and ethereum as these will bring good return to you in no time.