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?
It is possible to make good profits with small amount of money especially when such investment is made in a new token. Where the problem lies is in choosing which project to invest that will pump and not turn out to be shitcoin. The thought of how many shitcoins we have out there, which is above 80% of the coins we see in the market, makes me scared of investing in new projects.