In the first part of this series, I explained how an average Joe can become a crypto whale.
It's not a definite process, but it does seem to work. You can check it out here.
Now in this post, I'll be explaining how anyone else can build a small portfolio from $10 to $100000 in about 2 months.
No, I won't be doing that.😂
Instead, I'll show you how to leverage the power of interests to increase your portfolio size. Just don't have any crazy expectations, and definitely don't take this as investment advice.
And by the way, this is a true life story.
So I started my crypto investment portfolio back in 2017 with just $50. It was a tiny insignificant investment. Luckily, I had a lot of experience trading the Forex market. I hadn't made any real trades in the Forex market at that time, but I had tested the strategy I still use today on a demo account for 7 months. The strategy averaged 72% wins and 28% losses over time, so it was generally a good strategy.
I pumped my $50 into alts only, knowing that $50 worth of Bitcoin was insignificant.
Fast forward till today, and my account is WAY more than $50. WAY, WAY more.
The strategy I used was simple.
Now I won't be sharing that strategy here because of obvious reasons, but I will tell you all I can.
The strategy is simple. Start off with a small account that you can take massive risks with, and not really care much about losing the money, because it's so small.
For example, if you invest $50 into an alt that totally moons and gives you 100% returns, you now have another $50 to either spend (that would be foolish) or invest in another alt that will moon.
But how do we find out alts that will moon?
I've explained that here already, so I won't go over it again.
But once you've found those alts and set your stop losses, you wait. Patience is a virtue.
And you collect your rewards. It could be 20% or even 5%. But your portfolio will grow over time if you follow the strategies correctly
Cheers!