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.
Btw, thanks to the advice at first.
So with your initial capital of $25k, you want to make it $200k, right? That means it's about 8 times as much. This may be quite challenging, yes, but it doesn't mean it's impossible.
In my opinion, BTC should still be prioritized. but it might not be that big. but it's okay because since you posted until now, the price of BTC has jumped very significantly. So, you will definitely get quite a lot of profit from BTC alone.
Investing with meme coins which doesnt have some utility is somewhat really that risky but seeing that they are included into those who do sit at the top or higher ranks then we can really tell that this market is really that unpredictable and this is where investors would really be considering on making some investment with these meme just because they do know on how many times or multipliers that they could really be able to get
whenever they do make out investment with these memes.
Investing in meme coins is sometimes very tempting. You can even multiply your asset value many times. it seems so easy to see so many people successful in meme coins.
but I agree with you. Meme coins might be that interesting. meme coins are really high risk. If we miscalculate or make the slightest mistake, our money could really go up in smoke. This is probably not a wise idea. But, if OP is a high risk holder, yes, he could choose it. but I'd rather avoid this. because my inability to analyze meme coins could actually get me into trouble. ha ha ha