With $10, someone can build their portfolio to a good amount, and with $2k, someone can destroy their portfolio with any little mistake in a trade. The real question I've been wanting to ask is how someone can fall into the first category. I've seen numerous friends make good profits from onchain projects with little money. For clarification, I'll surely share some of their profit details on new projects like $BNKR, $CLIPPY, $ZYRA, and many others that I can't count. Are they just lucky, or is it about the exchanges listing solid projects?
Your friends that profits this amount are basically buying early on a project that got listed on the first exchange for example Bitget before expanding it's listing at high price on other exchange. To benefit from this, you have to target a coin to be listed on Bitget first and purchase it directly from there, leave it for 48 hours and see the results thereafter.
Be sure to take profit within that timeframe and don't ever view it as a long term investments, you can consider it long term only when you've sold it, waits for it another periodic cycle after heavy dump, buy back for long term.
You've nailed it and most people underestimate this strategy.. I use often times when I get the opportunity and it works 85% of the time imo.. I even shared a thread on this.. what I do is is sell 70% and hold 30% in case it booms. That way I'm still in the game and yes Bitget has a knack for listing quality tokens always earlier then others..