Hi all.
I decided to set myself a goal - to save money for an apartment with the help of cryptocurrency. The cost of the apartment is $130,000.
At the moment there are 6000$ in cryptocurrency
My portfolio consists of BTC,ETH,XRP,SOL,DOT,XLM,ADA
Ready to invest $500 per month.
Advise on the best way to fix profits and what kind of cryptocurrency to buy. Now the markets have fallen - it's time to buy.
BTC,ETH,
XRP,SOL,DOT,XLM,
ADAwith lower budget you need lower cap alt to maximize gain, those big coin wont do much in terms of profitable, use half of your budget in lower cap and some small portion to memes
playing safe 50:50 just in case another drop might happen on lower cap coin, which is tend to happen cus the team got burned if they use to trade their treasury lol, thats happen many times
What you say about the potential profitability of coins like BTC and ETH is true, however, how can we be assured which altcoins are going to do well on the next bull run? It's also true altcoins are more likely to grow x10, x20 or even more in price when they hit a trend, but we never know which of them are going to show this performance.
I think OP has to put more money into BTC besides his 6000$ initial budget and 500$ DCA. Altcoins look like gambling to me. Anyway, realistically it's not that simple to grow 6000$ into 130,000$. Remember that every promise too good to be true must be taken with a grain of salt.