Quote from: jrrsparkles on March 09, 2024, 07:03:42 AM

Quote from: Bushdark on March 08, 2024, 11:43:50 PM

Quote from: pablocokeninja on January 02, 2024, 01:14:50 AM

Hey folks,

Basically, I have around 25$k to invest, and I really want to hit least 200K$ by the end of this year.
Could you please give me some tips and advises?
Also, It is an amount that I honestly don't want to lose since it counts significantly to my capital.
Background story, I have quite the portfolio that would count around 150k$ at current prices, some I sold early and some went greedy and lost.
I did learn a though lesson about patience tho.
Also, psychologically I am done with trading since the lost, I was great at it but one drunk night got me bad lol.
Don't drink and trade folks.

Thanks a lot!

The only reasonable advise for you is to invest in Bitcoin. You can use all the capital to buy Bitcoin and watch your money grow.
You will be able to make reasonable amount but I am not certain that you will be able to make such amount of money you have in mind.
Using just 25k to get 200k is a pure greed and you have to remove the mindset out of your mind. Cryptocurrency is not a ponzi scheme, you will have to invest and watch your money grows.

Just investing in Bitcoin will not gonna make that much return, unless the user decides to play with it like buying and selling in the short frame and that is what I am gonna suggest too considering the risk which is lower than investing in a random altcoin and expecting it to grow from $0.1 to $1.

Or let's break down the capital further, 20K into bitcoin trading and 5K into altcoins, just consider that 5K can grow 100K or fall to complete zero then try to utilize the volatile swing of BTC to convert USDT or any stable coin back and forth and try to capitalize as much as possible.

OP's goal is to increase his initial capital 10 times. If we invest in bitcoin at this time, it is impossible to realize that dream, but if we accept the risk and try investing in atlcoin, this is not too difficult, IMO. But it's difficult to give investment advice to anyone because everyone's risk tolerance is different, so giving advice is not easy.

If this money were mine and my goals were the same as the OP, I would invest most of it in altcoins instead of bitcoin. Of course the risk is very high, but during the bull season, altcoins will bring much better profits than bitcoin.

@OP, this is not financial advice I'm giving you, you should make your own decisions, I'm just speaking my mind.