EVERYTHING you need to know to 10-100x your portfolio in 2021 investing in #DeFi projects
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1. First off, the rabbit hole starts here:
- Read up on the different projects
- Understand their value proposition and how this value accrual is connected to their token
- Read up on the team/investors/roadmap
- Read up on the different projects
- Understand their value proposition and how this value accrual is connected to their token
- Read up on the team/investors/roadmap
3. Read this thread for the overarching bull thesis on #DeFi for 2021:
Knowing the fundamentals is super important for CONVICTION.
You will need VERY strong hands to hold for a 10-100x multiple gain.
Knowing the fundamentals is super important for CONVICTION.
You will need VERY strong hands to hold for a 10-100x multiple gain.
4. Understand you're betting on crypto's smartest minds being correct:
100B TVL (Total Value Locked) is a 5x from here.
With current valuation metrics, if DEFI sees a 5x in 2021, that's still an impressive % gain
100B TVL (Total Value Locked) is a 5x from here.
With current valuation metrics, if DEFI sees a 5x in 2021, that's still an impressive % gain
5. Figure out what you want to invest in:
- These are the top 10 #DeFi projects crypto OG's think will moon in 2021☑️
- These are the top 10 #DeFi projects crypto OG's think will moon in 2021☑️
6. Plan how you will build a position:
- Will you DCA every week/month?
- Will you use TA to snipe a good entry?
- Will you place bids to catch entries when price dumps?
- Will you buy leading up to a big catalyst for a certain project?
- Will you DCA every week/month?
- Will you use TA to snipe a good entry?
- Will you place bids to catch entries when price dumps?
- Will you buy leading up to a big catalyst for a certain project?
7. Buy and #HODL.
A 100x position is first a 2x.
It then becomes a 5x, 10x, 20x, and 50x before becoming a 100x
- You must IGNORE your desire to sell if you wish to make the big money in crypto
A 100x position is first a 2x.
It then becomes a 5x, 10x, 20x, and 50x before becoming a 100x
- You must IGNORE your desire to sell if you wish to make the big money in crypto
8. Keep updated by following these accounts:
1. @zhusu
2. @krugermacro
3. @DegenSpartan
4. @Arthur_0x
5. @fomosaurus
It is likely new #DeFi competitors come to market, so keep updated with these accounts
1. @zhusu
2. @krugermacro
3. @DegenSpartan
4. @Arthur_0x
5. @fomosaurus
It is likely new #DeFi competitors come to market, so keep updated with these accounts
For future reference, here is the current prices of the #DeFi projects I am personally invested in:
1. $YFI - $30400
2. $SNX - $16
3. $RUNE - $1.5
4. $AAVE - $134
5. $SUSHI - $4.5
1. $YFI - $30400
2. $SNX - $16
3. $RUNE - $1.5
4. $AAVE - $134
5. $SUSHI - $4.5
And that's the end!
If you found this interesting, I will be sharing more knowledge like this in my discord:
discord.com
I also have 2 FREE gumroad courses to elevate your trading:
If you found this interesting, I will be sharing more knowledge like this in my discord:
discord.com
I also have 2 FREE gumroad courses to elevate your trading:
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