Post
Topic
Board Nigeria (Naija)
Re: Good asset with little capital
by
IjawMan
on 08/07/2025, 15:22:18 UTC
I buy one coin early this year, with just small money of around $5, which was because I felt like buying some few coins with my little holdings, amongst these coins I bought, meme coins where of higher prices thinking it will yield out something better in a short period (as sometimes it does). Sincerely, I forgot to check on my holds, and after two months, I went to check my assets, I found out that my total of $25 worth of assets has yielded profit beyond what I expected. The $5 investment turned my portfolio to approach a whooping $50, of which the memecoins where not yielding anything (but facing decline in price).
By holdings, do you mean bitcoin holdings? Because I  am tempted to believe that's the coin you're holding and which has appreciated when your memecoins as expected is dumping instead.

Altcoins are not coins you hold for long. They are not good for long purposes for an asset. They are for short term immediately you see profit take it and leave than to continue holding.