Topic: Achieving a goal - page 7. (Read 1175 times)
The amount of money you mentioned gives me an idea that you have enough money to invest. You made some profit from the portfolio you built last year and you lost some money due to over greed but this year you are going to start investing afresh. If you want to invest the entire $25,000, you can create a portfolio again. Keep 80 to 90 percent of the portfolio in Bitcoin and invest 80 to 90 percent of your money in Bitcoin. For the remaining 10% to 20% you can add some coins separately, including Ethereum BnbMatic for comparison. If you build your portfolio by planning like this and hold your investment for a long time then you can get good amount of money from your portfolio. But investing for profit but some time you may see temporary loss in your investment hope that time you will be patient and wait for good time.
Making 8x in a single year is not that easy, probably not that possible neither. I would say, you know what, forget about 200k, and just put it all on bitcoin right now, literally all of it. You may not make 8x but you may make about 4x and that means you will have 100k. That is half done, maybe this year, maybe next year, but it's possible, and even if you don't and end up like just 2x that would still be a profit.
If you risk it for 8x then you may lose it all, specially with altcoins, but if you buy bitcoin then you will make a good profit, I bet that at least 3x is possible within next 18 months and you should be quite happy with that. This doesn't mean that we are going to end up with a great return all that quickly, we just need to consider if that would be possible or not. Risking for more has a trouble and you should not be making that at all, it should considered to be a bigger deal than what people think it should be considered possible in the end.
If you risk it for 8x then you may lose it all, specially with altcoins, but if you buy bitcoin then you will make a good profit, I bet that at least 3x is possible within next 18 months and you should be quite happy with that. This doesn't mean that we are going to end up with a great return all that quickly, we just need to consider if that would be possible or not. Risking for more has a trouble and you should not be making that at all, it should considered to be a bigger deal than what people think it should be considered possible in the end.
Set goals and control cravings. Since you want 8× you have to act very intelligently. Stay away from scam. Be careful before investing in alt coin, meme coin. Be happy with little without expecting much. And I can't say how much your goal will be realized but I hope you can fulfill your goal. And 25k is a big amount of money so take action wisely. Don't make any wrong decisions.
$250,000 can still be made by the OP since the money to invest is not a small one. You can't always see people investing $25,000 in cryptocurrency as their initial capital and for the fact that we often see the coins that do almost x10 within weeks makes his quest possible but uncertain. He must ensure that he is ready to take the risks and can divide this money in crypto assets, maybe 20 of them, or find some risky ones that have low market capitalization to invest the money or have a mixed format in variating the investments just for the same purpose.I am sure that most coins will move x5 in the next bull run, and some will move more than that still. By this approach, he would have had enough return over time, while some of these coins might move x15 or more as all of them can't perform the same way. And before the OP knew it, enough money would be made. I also expect this to have been actualized in the next 8 months. However, I urge him to steer clear of trading, if not, he might lose eventually as trading is not child's play.
If you don't want to loss money again then I will advise that make a research and don't choose any coin according to trend and also don't choose a meme coins as it never gurnateed your profit. 25k$ is not a large sum to make 4x in little timing but if you use your knowledge here then it may be possible that very soon your sum will multiplied to give you huge profit.
Patience is good for achieving your goals but if you choose altcoins then don't be too calm as altcoins shows surge for very little timing and you should not loss that opportunity. I will suggest that put this amount in Bitcoin as there is no other coin better than bitcoin and also the chances of your failure will be minimum but here you have to decrease your greediness and increase your patience.
Patience is good for achieving your goals but if you choose altcoins then don't be too calm as altcoins shows surge for very little timing and you should not loss that opportunity. I will suggest that put this amount in Bitcoin as there is no other coin better than bitcoin and also the chances of your failure will be minimum but here you have to decrease your greediness and increase your patience.
OP, $25k is a very good amount to invest, if you want your capital to hit $200k by the end of the year it will be very difficult, doing 8x this money in such a short period of time will be very risks if you choose to trade. It is always better to be conservative and protect your capital rather than taking unnecessary risks where you may lose your capital. Since there is a bitcoin halving event this year, if I had that amount of capital I would invest bitcoins in my plan to double or triple. Investing is a long-term game and patience will lead to success. Always prioritize protecting your capital and remember to invest what you can afford to lose.
That's a lot of gains that you need to work on. I can't suggest you anything but rather be consistent in accumulation of Bitcoin and have extra source of income.
It is possible but you'll need to consider a lot of things, risks, involvement and activeness you will do.
This is like doing it actively and unlike passively investing, all you have to do is to monitor each of your move and investment that you'll choose.
Good luck then, that's what I can say if your goal is to hit that at the end of the year.
It is possible but you'll need to consider a lot of things, risks, involvement and activeness you will do.
This is like doing it actively and unlike passively investing, all you have to do is to monitor each of your move and investment that you'll choose.
Good luck then, that's what I can say if your goal is to hit that at the end of the year.
Making $25k to $200k will be hard but not impossible. You can not just simply buy and hodl and wish it to grow continuously. If you want to get the best out of your investment, you will have to take every opportunity and make a profit out of it. Future trading is risky so it is not recommended. Do spot trades instead. Buy low and sell high. You will have to be active and keep an eye on every major and minor news that could change the market sentiments. Big market movements happen in a short period because of market sentiments. So you need to master the art of sentiment analysis.
But if you can lower your expectations and stick to the process, you will be profitable for sure without taking a huge risk. That is to just buy and HODL. Buy now using the DCA method and then wait for the Bull market to start. Then you can take your profit.
But if you can lower your expectations and stick to the process, you will be profitable for sure without taking a huge risk. That is to just buy and HODL. Buy now using the DCA method and then wait for the Bull market to start. Then you can take your profit.
If the basis is only buy-and-hold, we can't say if that will actually happen. But if there is a broad idea and knowledge of trading and indicators, I think it can be achieved. But it is not easy to do because it will require time and effort, for sure.
As a short-term trader, it is not easy to do the daily trade to get a profit; there is a lot to consider, or if you look for other options, maybe this is where the alternative top cryptocurrency for the long term comes in.
Hey folks,
Basically, I have around 25$k to invest, and I really want to hit least 200K$ by the end of this year.
Could you please give me some tips and advises?
So you need tips and advice on how to convert $25k to $200k? I don’t know how people are going to advise you on how to achieve that, but I won’t be surprise if scammers are already contacting you and asking you to invest in a particular scheme if you want to achieve that. So the best thing which you will do is to ignore all the messages you will be receiving. Basically, I have around 25$k to invest, and I really want to hit least 200K$ by the end of this year.
Could you please give me some tips and advises?
I will have asked you to invest in bitcoin, but since you have a time frame when you will be needing the money, then I won’t recommend you invest in bitcoin, because bitcoin might be down when you need your money back, it might be even below the amount you bought it, so you might end up selling at loss.
Also, It is an amount that I honestly don't want to lose since it counts significantly to my capital.
If you can’t afford to lose the capital which you will be investing, then I will recommend you stay away from crypto investments, when investing in crypto, you should always do it with the amount you know you can afford to lose, there is no assurance in crypto space, anything can happen at any moment, so don’t make investments that might end up affecting your health condition incase if things goes wrong. 
So, at least here you have to choose a coin that will likely experience an 8-fold price increase compared to the current price. Maybe this is quite difficult, right? If it is BTC, ETH, or BNB it might be quite difficult, because I don't think it will be 8 times or more in the next bullish era. Maybe you need a coin whose price is still below $1 but has high potential to skyrocket again in the next bullish era. However, this might also be said to be quite difficult. Even when we look at XRP, ADA, and Matic which seem to have the potential to really skyrocket, we don't know whether they will be able to increase more than 8 times or not. and of course, stay away from hype coins that promise very high profits in the future. Usually that's just their way of deceiving people who are interested in making high profits. but what is certain is that this is good enough if you have properly provided the money for investment in crypto from the start.
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Hey folks,
Basically, I have around 25$k to invest, and I really want to hit least 200K$ by the end of this year.
Could you please give me some tips and advises?
Dude! Don't fall in greediness. 200k$ is a big amount against 25k fund. It's true that it is also possible to 200k from 25k investment fund but in case of this there will be higher risk of losing fund. Basically, I have around 25$k to invest, and I really want to hit least 200K$ by the end of this year.
Could you please give me some tips and advises?
I will say to you that 25k is not a small amount I think it's a good amount, and I really don't want someone to lose such a huge fund in front of my eyes. So I would like to say you don't go for invest in Bitcoin for long term with a hardware wallet but I can't gave guarantee you that this year or end of the this year your capital will be 2x or 3x etc. You should be keep patient for getting a good profit from low risk. Moreover I will also say that the fund is your always make a good research by your self before investing.
Hey folks,
Basically, I have around 25$k to invest, and I really want to hit least 200K$ by the end of this year.
Could you please give me some tips and advises?
Why not on Bitcoin. Buy and hold until Bitcoin reaches the highest price. Note: I do not guarantee the benefits of price returns will occur at the end of the year and do not guarantee the benefits you mentioned are realized.Basically, I have around 25$k to invest, and I really want to hit least 200K$ by the end of this year.
Could you please give me some tips and advises?
His mistake in your own choice is trading. Trading has the risk of losing big money because the coins you choose in trade are not good potential coins.
In addition, when you are ready to invest, then you must also be ready to lose. But if you invest in bitcoin according to the experience of many investors, rarely fails as long as investors are willing to hold and do not sell before the price of a new ATH.
Hey folks,
Basically, I have around 25$k to invest, and I really want to hit least 200K$ by the end of this year.
Could you please give me some tips and advises?
Also, It is an amount that I honestly don't want to lose since it counts significantly to my capital.
Background story, I have quite the portfolio that would count around 150k$ at current prices, some I sold early and some went greedy and lost.
I did learn a though lesson about patience tho.
Also, psychologically I am done with trading since the lost, I was great at it but one drunk night got me bad lol.
Don't drink and trade folks.
Thanks a lot!
If you are done with trading, try investing it on different coins I guess. Bitcoin would be a good choice but I doubt that the $25k you have will turn into $200k even if bitcoin hit it's all time high this year. Best choice would be to diversify your funds into different altcoin of your choice. Altcoin tends to have great return as long as you are choosing the right altcoin and not the shitty ones. Also, don't try doing gambling if you don't have any experience on it. Even if you are desperate, try to avoid it. Basically, I have around 25$k to invest, and I really want to hit least 200K$ by the end of this year.
Could you please give me some tips and advises?
Also, It is an amount that I honestly don't want to lose since it counts significantly to my capital.
Background story, I have quite the portfolio that would count around 150k$ at current prices, some I sold early and some went greedy and lost.
I did learn a though lesson about patience tho.
Also, psychologically I am done with trading since the lost, I was great at it but one drunk night got me bad lol.
Don't drink and trade folks.
Thanks a lot!
Actually there are a lot of things you can do with the $25k that you have, but the thing that enter my mind first is investing it on bitcoin if you don't really have any target profit.
Making 4x the money is really tough if you don’t regularly trade. You need to trade futures, as here you get high rewards for high risks. But you need to emphasise more that here the risk intake will be high that is there will be more chance that you might lose your funds if not trade properly. Moreover you can also try short term trading, but making 4x money from it will surely take some time. Trade with the amount that you can afford to lose and do proper risk management. These are the best way to make good money from trading.
Set goals and control cravings. Since you want 8× you have to act very intelligently. Stay away from scam. Be careful before investing in alt coin, meme coin. Be happy with little without expecting much. And I can't say how much your goal will be realized but I hope you can fulfill your goal. And 25k is a big amount of money so take action wisely. Don't make any wrong decisions.
The way you describe your money, it is certain that you have enough financial freedom and you can invest and trade a lot of money. I said investment and trading separately because investment and trading are different. Since you have enough money, you can start investing as well as continue trading. By investing a relatively large amount of money and leaving some money left over, you can trade with that remaining money. You can keep Bitcoin as a favorite for investing and use other coins for trading as well. If you are trading for short period you can use some important ALT coins because trading in short term plan will give you more profit which will fulfill your goal.
Making $25k to $200k will be hard but not impossible. You can not just simply buy and hodl and wish it to grow continuously. If you want to get the best out of your investment, you will have to take every opportunity and make a profit out of it. Future trading is risky so it is not recommended. Do spot trades instead. Buy low and sell high. You will have to be active and keep an eye on every major and minor news that could change the market sentiments. Big market movements happen in a short period because of market sentiments. So you need to master the art of sentiment analysis.
But if you can lower your expectations and stick to the process, you will be profitable for sure without taking a huge risk. That is to just buy and HODL. Buy now using the DCA method and then wait for the Bull market to start. Then you can take your profit.
But if you can lower your expectations and stick to the process, you will be profitable for sure without taking a huge risk. That is to just buy and HODL. Buy now using the DCA method and then wait for the Bull market to start. Then you can take your profit.
op Before investing you must decide where you want to invest. If you are interested in investing by watching YouTube then it is definitely wrong for you. Because in investing you must invest patiently and you must have enough knowledge about investment then you will not get success in investment. When we invest in anything, we have to keep the risk in mind. If you want to make a small profit with no risk then it is not right for you. You have to invest slowly over time and this way you will be successful.
It is our money so we should decide for our own but before we invest on a crypto, we must invest knowledge first about the coin that we will be picking so that we will know if they are worthy or not. Not only knowledge about the coin but everything about crypto. Youtube might be one of those sources next to the forum. Many people find it easy to learn from it because they are watching the lesson. Wanting to earn small or big profit, has their own risk.It's just that the risk is only small if we also want to earn small. If we don't want to face a risk, then it's better to not invest anything. It might actually be better than just losing money because you don't know what you are doing.
I will advice you if you are doing for trading or investing you go with amount you cannot afford to lose. If you think that the amount you are about to trade with if it gets lose it will cause you pains and regret don't bother to risk it. It is important people don't need to be in rush to trade when they are not sound in trading because it can lead to lose. Achieving a better goal in trading, first thing that needs to be consider is learning to gain knowledge and to follow the rules that is required in trading .
Hey folks,
Basically, I have around 25$k to invest, and I really want to hit least 200K$ by the end of this year.
Could you please give me some tips and advises?
Also, It is an amount that I honestly don't want to lose since it counts significantly to my capital.
Background story, I have quite the portfolio that would count around 150k$ at current prices, some I sold early and some went greedy and lost.
I did learn a though lesson about patience tho.
Also, psychologically I am done with trading since the lost, I was great at it but one drunk night got me bad lol.
Don't drink and trade folks.
Thanks a lot!
I can't tell you too trade the futures market due how risky I believe it is with such a huge amount of capital, and besides I don't know how skill you are as a trader, but what I am confident about is that it's more better you buy and hold Bitcoin.Basically, I have around 25$k to invest, and I really want to hit least 200K$ by the end of this year.
Could you please give me some tips and advises?
Also, It is an amount that I honestly don't want to lose since it counts significantly to my capital.
Background story, I have quite the portfolio that would count around 150k$ at current prices, some I sold early and some went greedy and lost.
I did learn a though lesson about patience tho.
Also, psychologically I am done with trading since the lost, I was great at it but one drunk night got me bad lol.
Don't drink and trade folks.
Thanks a lot!
The bull run is around the corner so it's another opportunity for you to buy and hold.
Trading has high risk because of high risk the trader loses his capital. That's why you have to know the disadvantages. These are generally classified as long term medium term and short term. You'll see strategies that require you to use a one minute time frame as well as strategies that work best with a one month time frame.
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