Cryptocurrencies are famous because they give the possibility to make life-changing money.
But which strategy do you need to follow if you have a small capital?
Here is a guide on how to maximize your chances to make big money starting from a low budget.
1/25 🧵👇
But which strategy do you need to follow if you have a small capital?
Here is a guide on how to maximize your chances to make big money starting from a low budget.
1/25 🧵👇
1.
When I started crypto in 2017 I was kidnapped by the idea of becoming rich.
I was a simple employee at a grocery store so my budget for investing was very low but my hunger for a better future was very big.
So here is what I learned.
When I started crypto in 2017 I was kidnapped by the idea of becoming rich.
I was a simple employee at a grocery store so my budget for investing was very low but my hunger for a better future was very big.
So here is what I learned.
2.
▫️Code Law.
If you're starting from scratch these should be your rules:
• Decrease unnecessary expenses.
• Save money.
• Increase your income. (side hustle)
• DCA in solid plays.
• Have a long-term horizon (5 years at least).
This is the easiest plan.
▫️Code Law.
If you're starting from scratch these should be your rules:
• Decrease unnecessary expenses.
• Save money.
• Increase your income. (side hustle)
• DCA in solid plays.
• Have a long-term horizon (5 years at least).
This is the easiest plan.
3.
But I know what you're thinking right now.
“How can I make big money if I invest in BTC or ETH?”
The reality is that you can't.
Even if Bitcoin climbs to 100k, investing 1000$ right now won't make you big money.
Yes, you'll earn a decent multiplier, but not life-changing.
But I know what you're thinking right now.
“How can I make big money if I invest in BTC or ETH?”
The reality is that you can't.
Even if Bitcoin climbs to 100k, investing 1000$ right now won't make you big money.
Yes, you'll earn a decent multiplier, but not life-changing.
4.
Don't get me wrong, blue chips are important as they give us the possibility to reduce the risk in our portfolio, apart from philosophical and technological concepts.
But if you want to have the chance to grow big your net worth you have to pick up risky altcoins.
Don't get me wrong, blue chips are important as they give us the possibility to reduce the risk in our portfolio, apart from philosophical and technological concepts.
But if you want to have the chance to grow big your net worth you have to pick up risky altcoins.
5.
▫️The crossroads.
• Diversify to reduce the risk and preserve your capital.
• Go big on a few plays to boost your capital.
That's how it works.
Wanna make big money? You need to accept the risk that comes with this choice.
Blame no one except you if things go bad.
▫️The crossroads.
• Diversify to reduce the risk and preserve your capital.
• Go big on a few plays to boost your capital.
That's how it works.
Wanna make big money? You need to accept the risk that comes with this choice.
Blame no one except you if things go bad.
6.
▫️An evolution process.
When I bought my first cryptocurrencies, the risk was very high as my capital was concentrated into 3 picks + $BTC.
When time matured and picks grown up, I shaved off profits moving to less risky positions and having a more balanced portfolio.
▫️An evolution process.
When I bought my first cryptocurrencies, the risk was very high as my capital was concentrated into 3 picks + $BTC.
When time matured and picks grown up, I shaved off profits moving to less risky positions and having a more balanced portfolio.
7.
This should be your primary goal too.
This was the process:
• $VET $BNB $TRX $BTC (low percentage).
• $BTC $ETH $USDC + few risky plays.
It's like planting seeds and then harvesting the fruits when the plants are grown up.
This should be your primary goal too.
This was the process:
• $VET $BNB $TRX $BTC (low percentage).
• $BTC $ETH $USDC + few risky plays.
It's like planting seeds and then harvesting the fruits when the plants are grown up.
8.
▫️Narratives = money.
It’s no secret that the crypto world has a strong speculative component.
Your focus should be to find the next narrative and ride it.
Previous examples include Metaverse, AI, DeFi, Gaming etc.
“But mate, how can I find them?”
Let's see.👇
▫️Narratives = money.
It’s no secret that the crypto world has a strong speculative component.
Your focus should be to find the next narrative and ride it.
Previous examples include Metaverse, AI, DeFi, Gaming etc.
“But mate, how can I find them?”
Let's see.👇
9.
▫️Specific accounts.
Some accounts focus their efforts on researching small caps and have also access to private and secret info due to their big audience.
Following them can give you free alpha on potential undervalued projects.
▫️Specific accounts.
Some accounts focus their efforts on researching small caps and have also access to private and secret info due to their big audience.
Following them can give you free alpha on potential undervalued projects.
10.
Be careful about who are you following.
• They can use you as exit liquidity.
• Relying on other research won't make you a better investor..take them as suggestions but always DYOR.
Few genuine accounts:
• @TheDeFinvestor
• @CryptoGirlNova
• @SmallCapScience
Be careful about who are you following.
• They can use you as exit liquidity.
• Relying on other research won't make you a better investor..take them as suggestions but always DYOR.
Few genuine accounts:
• @TheDeFinvestor
• @CryptoGirlNova
• @SmallCapScience
11.
▫️Look into ecosystems.
One of the most profitable ways to make money is to look into ecosystems.
Yes, also layers themselves pump a lot, but Dapps built on them pump the hardest.
Arbitrum is a recent example where $GMX and $GNS made huge gains.
▫️Look into ecosystems.
One of the most profitable ways to make money is to look into ecosystems.
Yes, also layers themselves pump a lot, but Dapps built on them pump the hardest.
Arbitrum is a recent example where $GMX and $GNS made huge gains.
12.
This is the strategy:
• Go on @DefiLlama and find a rising TVL ecosystem.
• Find solid Dapps of that ecosystem by using @DappRadar and making a good FA.
• Be early.
• Take profit.
Of course, this is not 100% right, but it works.
This is the strategy:
• Go on @DefiLlama and find a rising TVL ecosystem.
• Find solid Dapps of that ecosystem by using @DappRadar and making a good FA.
• Be early.
• Take profit.
Of course, this is not 100% right, but it works.
13.
“Bro, am I early?”
It’s simple, if you found a good project you should accumulate it in the “early” stage.
The later you get in, the more the risk.
Feel FOMO?
Step back and look for another opportunity..the market has plenty in its reservoir.
“Bro, am I early?”
It’s simple, if you found a good project you should accumulate it in the “early” stage.
The later you get in, the more the risk.
Feel FOMO?
Step back and look for another opportunity..the market has plenty in its reservoir.
14.
▫️Tracking on-chain wallets.
Whales are the entities who control this space.
Tracking their movements can be an edge for your successful investments.
How can you do it?
My brother @crypthoem made a superb guide on this one.
Look no further.
▫️Tracking on-chain wallets.
Whales are the entities who control this space.
Tracking their movements can be an edge for your successful investments.
How can you do it?
My brother @crypthoem made a superb guide on this one.
Look no further.
15.
▫️Master a niche.
It's insane to think about how many sectors we have in crypto.
You can't keep up with everything unless you have a squad of experts by your side.
Focus on specific niches and master them if you want to increase your profitability.
▫️Master a niche.
It's insane to think about how many sectors we have in crypto.
You can't keep up with everything unless you have a squad of experts by your side.
Focus on specific niches and master them if you want to increase your profitability.
16.
• Become an expert in DeFi and level up your knowledge about Ethereum.
• Grow up your knowledge about NFTs and find new hot collections.
• Deep dive into GameFi and become a nerd of game picks.
“Jack of all trades, master of none”.
• Become an expert in DeFi and level up your knowledge about Ethereum.
• Grow up your knowledge about NFTs and find new hot collections.
• Deep dive into GameFi and become a nerd of game picks.
“Jack of all trades, master of none”.
17.
▫️New things pump the most.
People are fascinated by new tokens because they have fresh narratives and fresh charts.
A tip?
Follow new listings on Binance and add them to your watchlist (don't buy them at listing, 99% they will dump).
▫️New things pump the most.
People are fascinated by new tokens because they have fresh narratives and fresh charts.
A tip?
Follow new listings on Binance and add them to your watchlist (don't buy them at listing, 99% they will dump).
18.
Analyze them from a technical and fundamental approach AFTER the listing.
If they look good, they have higher probabilities to jump in the future.
Past examples include $MATIC and $SOL.
Always keep an eye on new Binance listings.
Analyze them from a technical and fundamental approach AFTER the listing.
If they look good, they have higher probabilities to jump in the future.
Past examples include $MATIC and $SOL.
Always keep an eye on new Binance listings.
19.
▫️Final tips.
• Things are moving fast, don’t sleep.
The crypto market is living alongside speculation but will grow over time, reducing potential profits to be made.
Don’t sleep and become a pro.
You can set yourself for life.
▫️Final tips.
• Things are moving fast, don’t sleep.
The crypto market is living alongside speculation but will grow over time, reducing potential profits to be made.
Don’t sleep and become a pro.
You can set yourself for life.
20.
• Don’t rush.
Finding the next El Dorado is hard and you’ll make mistakes over your journey.
Don't get discouraged.
Champions train for years before achieving big results.
Think like a champion and take mistakes as precious lessons for your growth.
• Don’t rush.
Finding the next El Dorado is hard and you’ll make mistakes over your journey.
Don't get discouraged.
Champions train for years before achieving big results.
Think like a champion and take mistakes as precious lessons for your growth.
21.
• Be humble.
One of the worst mistakes that investors make (I was in this circle too) it’s being eaten by the Dunning-Kruger effect, thinking that they're kings.
The market will always find a way to humble you.
Made a good profit?
Enjoy but slow down your ego.
• Be humble.
One of the worst mistakes that investors make (I was in this circle too) it’s being eaten by the Dunning-Kruger effect, thinking that they're kings.
The market will always find a way to humble you.
Made a good profit?
Enjoy but slow down your ego.
22.
• Increase your income.
As inflation is still high, common salaries are worth nothing if not useful to survive.
The goal of financial freedom becomes harder if you have a low dry powder..the need for risking the capital will increase.
• Increase your income.
As inflation is still high, common salaries are worth nothing if not useful to survive.
The goal of financial freedom becomes harder if you have a low dry powder..the need for risking the capital will increase.
23.
Do something, don’t be lazy.
• Ask for a raise.
• Move to a better job.
• Create a side hustle.
• Develop a paid skill.
I personally do ghost writing.
Find something and work your ass off.
Your future self will thank you.
Do something, don’t be lazy.
• Ask for a raise.
• Move to a better job.
• Create a side hustle.
• Develop a paid skill.
I personally do ghost writing.
Find something and work your ass off.
Your future self will thank you.
24.
Want to find alpha accounts that can help you?
Follow them!
• @rektdiomedes
• @MercyDeGreat
• @coinesper
• @chirocrypto
• @Teaching_Crypto
• @CryptoShiro_
• @cryptoskullx
• @thelearningpill
Want to find alpha accounts that can help you?
Follow them!
• @rektdiomedes
• @MercyDeGreat
• @coinesper
• @chirocrypto
• @Teaching_Crypto
• @CryptoShiro_
• @cryptoskullx
• @thelearningpill
25.
That's it.
• If you found value in my thread leave me a follow @IamZeroIka for more crypto insights.
• Do you think your friends will like it?
Jump on the first tweet and RT it!
Thanks for spending the time to read it, Zero.
That's it.
• If you found value in my thread leave me a follow @IamZeroIka for more crypto insights.
• Do you think your friends will like it?
Jump on the first tweet and RT it!
Thanks for spending the time to read it, Zero.
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