A Simple Investment Strategy That Works for Noobs and Pros in any Market Conditions

By Sugarfix | Some Crypto Things | 14 Nov 2022

Back in October 2021....

I made a comment below a post written by @diaperfinancingfund. He said that I should really make an article out of it as he thought it was useful - very nice of him. Over one, cough, year later I finally get round to writing it as I am a lazy SOAB.

Crypto is a bit like the wild west and you will hear all sorts of horse defacations about what you should do to make money. 99.999% of it is bollox as, at best, as they use strategies and portfolio management styles that have their origins in the major stock indices which are mature markets. Crypto is very much an immature market and so it behaves very differently. It's the teen who has just escaped their parents, has just discovered drink, drugs, sex and partying whilst having a great big student loan burning a hole in their pocket. What is worse is that all your buddies are in the same situation and you are all looking at each other and saying "Whoop! fun time".

The major stock indices are family with 4 kids, a job, a mortgage and down payments on a car. "Now" I hear you saying "but you can use that nice sensible mature strategy and be a sensible teen who does not damage their liver, get an STD and blows their loan in the first semester but rather puts their head down and graduates somewhere in the middle of the class because their prof thinks they are a waste of space :)". But I digress, as what I propose here is not really like that but is dead safe and will make you money regardless of the market conditions. You will be blessed with superpowers - an indestructible liver that begs for more and an immune system that can bat off every dodgy crypto-shill like you were Babe Ruth. (who the f&%k is that?)

Let's get it straight here - None of the top 100 cryptos are going to get you the 1000x growth that has been talked about in the past. BTC at 10x is about $160k at present and $1000x is 16 million. And if you believe that is possible then it is also possible for me to be the reincarnation of Marilyn Monroe.

The only way you are going to achieve 1000x or more growth on your investment is by taking risks and the best way to do that is by diversifying .....a lot!

No skill required just follow some simple rules .....

.....so with out any further ado here they are.

Get a portfolio manager - the free one on cryptopanic is good enough for this. Cryptopanic is really useful for getting cryptonews although you have to use your brain to filter out the shill articles too.
As you are on Publish0x you almost certainly have a Kucoin account so link to the portfolio settings page using a Kucoin API. This means that your portfolio will auto-update when you make trades on Kucoin.
On Kucoin find 10 low ranking coins (250+). Invest ZERO dollars in each (on the portfolio manager log it it as 100 for each coin). You are wasting your time if you put in some "safe" options from the top 50 as these do not rise in value during a bear market. Low ranking coins can - though not always. Use Coingecko or another crypto ranking site to find them.
After one month look at the portfolio. Drop any coin you think has done badly and invest $10 in all the ones you want to keep (or other amount - it could be $2 or $20 or $100 etc).
Check every month - If any coin is doing badly scrap that coin and put that money into the coins that are doing well. Same with any extra crypto you may have earn.
Cash out when the coins have got into the top 100, 50 or 20. (your choice but after the top 20 it is extremely hard to make significant gains) You only need 1 of your 10 coins to make it into the top 100 to have made 1000x plus profits. It's actually easy to get 4-6 atm though.

And some rules when choosing projects.

Don't pick anything which is fashionable - you always play catch-up and most will be garbage. ie no DeFi, NFT or Metaverse projects
Don't pick anything more than 4 years old. If it is still low ranked after all this time then either it is on the way out or not going anywhere
The team - the most important factor.

You need a mix of geeks and stiffs. Skill balance is the key
NO serial entrepreneurs. They will always run off leaving the project up shit creek.
The CEO MUST be a stiff. Geeks tend to micromanage and sweat everything. Stiffs don't do that because they can't do the tech stuff and so they are forced to delegate and focus on the project as a whole.
The board should have an accountant/financial director on it. They are good at getting funding and stopping the geeks going "woohoo" and spending it on lambos
The board should have a lawyer on it. Crypto is muddy waters legally and also lawyers stop geeks saying dumb things in public.

Don't sweat it if someone has a very different portfolio to you. The odds of you having just one winner is all you need.