Post
Topic
Board Trading Discussion
Re: Achieving a goal
by
jrrsparkles
on 12/03/2024, 18:00:56 UTC
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.

If I am not wrong he also stated that this $25K is important and can't afford to lose it even if his portfolio value is 150K that is why 80% of capital is into safe that is bitcoin and the remaining 20% into altcoin. that 20% can even grow 200% or 1000% if we are lucky but it's hard to predict the coins no matter what.