Bitcoin Forum

Economy => Trading Discussion => Topic started by: pablocokeninja on January 02, 2024, 01:14:50 AM



Title: Achieving a goal
Post by: pablocokeninja on January 02, 2024, 01:14:50 AM
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!
 


Title: Re: Achieving a goal
Post by: mk4 on January 02, 2024, 01:49:03 AM
Not really sure what to recommend to you here besides the typical investment advice:

1. Pick your investments. Take your time, and don't just buy something a YouTuber recommended.
2. Control risk. It's fun to buy memecoins and hope for a pump and dump, but only place very small allocations to them, or maybe not at all.
3. Patience.

Also, take note that you pretty much want a 4x in a single year here. That multiplier is definitely possible, but you're going to need to turn your risk profile up a notch here. So while you can hit 4x, you can just as easily cut your portfolio value into 1/4th or lower.


Title: Re: Achieving a goal
Post by: tbct_mt2 on January 02, 2024, 01:53:04 AM
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?  
$25k is not a small capital and you must be careful with it. I don't know how much more money you have beyond that $25k but if it is all you have, you must be very careful.

Not financial advice but don't be too greedy, you will lose control yourself and lose your capital.

With $25k, you can buy bitcoin, hold it till Bitcoin doubles its price and you have x2 from $25k.
Then you can use it to buy ETH, wait for it to make to like $100,000.

For the rest time of this bull market, which will last up to maximum 2025, you must handle your $100,000 very carefully. First cash out $25k, to save your initial capital.

Use the rest $75,000 to invest in top Layer 1, Layer 2 projects like Arbitrum, Optimism, top DEX like DYDX. You must avoid shit coins, meme coins.

At the end, if it is a worse investment ending, you will lose $75,000 and still have $25,000 initial capital.


Title: Re: Achieving a goal
Post by: Oshosondy on January 02, 2024, 02:44:18 AM
Basically, I have around 25$k to invest, and I really want to hit least 200K$ by the end of this year.
Why not just invest in bitcoin?

Also, It is an amount that I honestly don't want to lose since it counts significantly to my capital.
Then do not trade at all. I repeat again, do not trade with the amount of money that you can not afford to lose.

I did learn a though lesson about patience tho
Yes you have to be patient. Do not be too hurry to use $25000 to make $200000. Just look for profitable means and not think much about the profit alone but also about how not to lose your money.

This year would be in favour of bitcoin investors. You can hold.


Title: Re: Achieving a goal
Post by: Poker Player on January 02, 2024, 08:08:35 AM
Basically, I have around 25$k to invest, and I really want to hit least 200K$ by the end of this year.

What you have to do is forget about that figure because all indications are that you are going to lose that $25K if you try.

Also, take note that you pretty much want a 4x in a single year here.

He wants a 8x, not 4x. That's 800% profitability in a year. Apart from having a lot of knowledge and control of emotions, you would have to have luck on your side as well to get that return, and the OP makes it clear that he doesn't have the first two.

Why not just invest in bitcoin?

It's the best he can do.


Title: Re: Achieving a goal
Post by: Nheer on January 02, 2024, 08:27:18 AM
It is an amount that I honestly don't want to lose since it counts significantly to my capital.

Investing an amount you can’t afford to lose? I wouldn’t be in support. Rather you should invest an amount you can you afford to lose.

Even if one is to give you an advice it will be very difficult since your mind won’t be at ease every single dip the market takes. You are quite aware of the market volatility so there will be bad days but the key to achieving your aim is patience.

I advise you you take a break from trading and rather invest in bitcoin, alt coins can be quite profitable too but they are more risky so bitcoin is the best investment option i see it is more reliable and less risky. Bitcoin has been predicted to move mountains this year and coming year so don’t miss out on the opportunity to witness a new ATH.


Title: Re: Achieving a goal
Post by: peter0425 on January 02, 2024, 09:31:32 AM
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!
 
you have learned your lesson as you mentioned mate so We believe that you already knew what to do here , its just added information and boosting is what you are seeking from us?
but having 25k to invest to make 200k in this year alone is far from happening if you put that in bitcoin , unless you are capable of cutting losses , buy low and sell high use that cycle everytime there is a dumping and pumping then you may gain 200k before the year ends.


Title: Re: Achieving a goal
Post by: hugeblack on January 02, 2024, 09:44:57 AM
You want about 8 times the amount in about 12 months and without risk or loss of part of the amount. Getting such a guaranteed investment is too good to be true, so beware of anyone who may offer you an investment opportunity like this.
If you invest in Bitcoin, it will be possible to get X3 or X4 profits during the next 18 months, but more than that is a little difficult.


Title: Re: Achieving a goal
Post by: Kelward on January 02, 2024, 10:41:58 AM
You want about 8 times the amount in about 12 months and without risk or loss of part of the amount. Getting such a guaranteed investment is too good to be true, so beware of anyone who may offer you an investment opportunity like this.
If you invest in Bitcoin, it will be possible to get X3 or X4 profits during the next 18 months, but more than that is a little difficult.

It's possible for him to hit a profit of 8x or 10x with altcoins investment, but let him also understand that it comes with a high risk because chances are that he can lose his capital in the process. So the best bet for him now is Bitcoin, lucky for him we're in the build up to bull run ATH,, so it's price will keep pumping even beyond his target of 12 months. And like you predicted he can expect a minimum of 3x guaranteed ROI with peace of mind, because Bitcoin is the most reputable and reliable cryptocurrency.


Title: Re: Achieving a goal
Post by: rat03gopoh on January 02, 2024, 11:01:52 AM
You with a $150k portfolio are asking for my advice with only $1k of capital, isn't that ridiculous? Your background is quite experienced with losses, you should be able to advise yourself not just to be patient.
If you really want my advice, I'd stop with $150k and get on with real life. Man, in my country you can even live above average for up to 20 years with that money.


Title: Re: Achieving a goal
Post by: libert19 on January 02, 2024, 11:42:34 AM
You could invest your $25K to Ethereum, and wait until it doubles, it's sure to. Once it does, take out your initial investment and play with profit, you can take suggestions as you deem fit for what to with profitted money from rest of comments to make you reach goal of your 4x.

It's relatively easy to gain few x returns in crypto, but you must be careful in safe guarding your investments. Don't hold your funds on exchanges. Create new ethereum wallet on Metamask (https://metamask.io/download/), make sure your pc is clean from virus/malwares and hold the seed phrase dear to your life. Never reveal it to anybody, no matter the circumstances.



This is my personal advise, but you alone will be responsible for what you do with your money.


Title: Re: Achieving a goal
Post by: Maus0728 on January 02, 2024, 02:14:09 PM
You want about 8 times the amount in about 12 months and without risk or loss of part of the amount. Getting such a guaranteed investment is too good to be true, so beware of anyone who may offer you an investment opportunity like this.
If you invest in Bitcoin, it will be possible to get X3 or X4 profits during the next 18 months, but more than that is a little difficult.
And you forgot the part that OP is likely a newbie so what OP is asking is definitely one where he/she is looking for the perfect advise and I don't think that there's ever something like that to ever happen, unless OP invests in a lot of new crypto that's got the potential to grow exponentially then OP might get that goal but that's difficult because altcoin market is full of shitcoins. Maybe if OP considers trading or using copytrading then he/she will likely will reach that goal in that timespan.


Title: Re: Achieving a goal
Post by: Eternad on January 02, 2024, 02:20:44 PM
Hey folks,

Basically, I have around 25$k to invest, and I really want to hit least 200K$ by the end of this year.

WTH! This goal is surreal because if someone knew how to that here then he will not be hanging in forum discussing with random strangers. Your goal is almost x8 of your original investment while the amount involved is high. There’s no way you can hit this goal in a period of 1 year without engaging on risky trade such as future trading or buying shitcoins with high volatility.

Could you please give me some tips and advises?

Don’t set an insane target and be realistic or else you will be force to enter risky investments that will give you disaster instead of profit in the end of the year. Just buy Bitcoin and hold long term. You might hit this goal in the future.


Title: Re: Achieving a goal
Post by: ancafe on January 02, 2024, 02:51:43 PM
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.
You have to learn to control yourself because the trading process can actually be learned easily. The problem is that it's difficult to control yourself when you don't have effective methods and only you can control your greed or lack of patience. The trading process can be learned easily because there are many tutors and teachers available now, depending on whether you study it seriously or not.

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.
This had been warned long ago by people beforehand because when someone loses consciousness due to drunkenness it can have bad effects. I think what you need to do is stay away from drunken habits and that is important so that you can control yourself when involved in trading or investing and if you can't abandon that then any advice will be useless.


Title: Re: Achieving a goal
Post by: YOSHIE on January 02, 2024, 03:12:40 PM
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?
If you are referring to investment, there is a big possibility that our invested assets will develop solidly, you just need to be patient in waiting for the development of the type of crypto you are investing in to reach the expected level, My understanding is that investing makes many people successful in many cases.

Different in terms of crypto trading, with $25k capital you can become $200k in a matter of hours, with me you have the trading knowledge to do all that and trading also has high risks, For this reason, what you are doing is right in investing, you have to choose a type of crypto that is really popular to get big profits.


Title: Re: Achieving a goal
Post by: justdimin on January 02, 2024, 04:15:45 PM
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?
If you are referring to investment, there is a big possibility that our invested assets will develop solidly, you just need to be patient in waiting for the development of the type of crypto you are investing in to reach the expected level, My understanding is that investing makes many people successful in many cases.

Different in terms of crypto trading, with $25k capital you can become $200k in a matter of hours, with me you have the trading knowledge to do all that and trading also has high risks, For this reason, what you are doing is right in investing, you have to choose a type of crypto that is really popular to get big profits.
I do believe that patience is the thing that most people need to have now, because we are on the verge of a good bull run. I know that people are not certain, but it's there, halving is coming and it is going to be a great period without a doubt. Maybe you would not believe it, but I think everyone should believe that we are going to have a great period without a doubt. I think we should consider the best thing we could do right now would be making sure that we can hold as much as we can afford.

Some people are on the other side of the scale though, they end up holding way too much, and that means we are going to end up with them not having any remote understanding that we are dealing with something that will not be all that guaranteed, so do not hold more than you could afford.


Title: Re: Achieving a goal
Post by: Assface16678 on January 03, 2024, 10:31:35 PM
Hey folks,

Basically, I have around 25$k to invest, and I really want to hit least 200K$ by the end of this year.

WTH! This goal is surreal because if someone knew how to that here then he will not be hanging in forum discussing with random strangers. Your goal is almost x8 of your original investment while the amount involved is high. There’s no way you can hit this goal in a period of 1 year without engaging on risky trade such as future trading or buying shitcoins with high volatility.
Well your reaction is quite reasonable what the OP's target is quite a lot or lets say is not easy to achieve even he is giving himself a year period still even an experienced traders will have a hard time achieving it, what more people in this forum that will give an advise? I'm sure the advised that has been answered here are all the same and the common advised like being patient, consistent, and many more common advised that is always mentioned in a topic like this, But I don't think that it will help a lot on the OP on achieving its goal, because its still up to the OP on how will he trade, you are right if he will not do risky trades like high leverage or something then achieving the target will be a challenge.


Could you please give me some tips and advises?

Don’t set an insane target and be realistic or else you will be force to enter risky investments that will give you disaster instead of profit in the end of the year. Just buy Bitcoin and hold long term. You might hit this goal in the future.

Its okay to set an goal it might help him to trade more or to be more motivated to trade with care and profitable, the thing we might advised that don't be too greedy in a sense that you will keep on pushing to achieve the goal even if its impossible,s its okay to have a goal but don't expect that it will be easy or don't expect that you have a big chance of achieving it, the most important thing is in the period of one year you will gain a profit from your trades.


Title: Re: Achieving a goal
Post by: GreatArkansas on January 03, 2024, 10:57:56 PM
Basically, I have around 25$k to invest, and I really want to hit least 200K$ by the end of this year.
Why not just invest in bitcoin?
I don't think investing only in Bitcoin with that amount of capital will be able to help you with $200k by the end of this year unless Bitcoin reaches 8x the current price, which is around $336,000.
So yeah, OP wants to achieve that goal by trading and I can say it is possible to achieve it by trading only, but the difficult part is when you start trading already.


Title: Re: Achieving a goal
Post by: mirakal on January 03, 2024, 11:56:29 PM
If you can’t afford to lose the whole amount of your capital, then try to reduce it and only invest on what you are comfortable of losing. Investing in bitcoin and holding it for long term still do not guarantee profits if you are not patient enough to hold. Know your investment and know the reason why you are supposed to hold for long term. And once you invest, just try to forget your investment for a couple of years and stop monitoring bitcoin price. That way, you won’t be pressured if ever there’s a market crash and you won’t push yourself to sell early and sell at a low price.


Title: Re: Achieving a goal
Post by: 2Pizza410000BTC on January 04, 2024, 02:50:08 AM
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 don't know if you can convert your $25k to $200k or not, but my advice is to invest your $25k in Bitcoin. If you can keep your bitcoins invested then maybe bitcoin will halve this year, new bitcoin ATH will be created and your fund will grow a lot. If I ask you to invest in unique coins, it will be very risky for you. Also my further advice for you is don't trade with memeCoin, don't trade with passion and don't be too greedy on the trading platform. If you don't have enough skills with the trading platform then you should avoid trading altogether.


Title: Re: Achieving a goal
Post by: MFahad on January 04, 2024, 03:20:06 AM
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!
 

Sorry to hear about your loss. Our mind should be fully clear and always try to trade in Normal position for getting better results. Trading when already drunk is very dangerous where one don't know really what he is doing know and same thing happened with you. Thanks for advice.

Back to your question you have still 25k$ and I hope if you wisely diversify then without risk you can reach your target. I recommend to use 10k$ for trading and rest of 15k$ hold in stable coin for any uncertainty happens. If you have full knowledge of trading then start with using same strategy and also some help from experienced traders. you already told that you are good trader but only your mistake was drinking. I think you will not feel any trouble with it. Don't trade for revenge but do it normally. Market is now fully bullish and many altcoins are showing high volatility which is best for day trading profit. you can check some coins and then choose 2-3 coins for daily trading until you get your target


Title: Re: Achieving a goal
Post by: cryptoaddictchie on January 04, 2024, 04:15:00 AM
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?
It will depend pn your risk apetite. Are you a highly risky guy who willing to risk lets say $5k for such coin or token on trading? If yes you could definitely hit your achievement with a little bit of cautious and dyor. Anyway a lot has been doing that for a long time but market now is in the midst of confusion due to btc spot etf approval. It could signify a dump or pump based on result, and bidding on which direction its moving might take some advantage over investing.


Title: Re: Achieving a goal
Post by: wxa7115 on January 04, 2024, 04:51:34 AM
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!
 
So you are basically saying to us that the amount you will use for this cannot afford to be lost, you lost already a lot of money and this was because of a crazy drinking night, and still you want to obtain 700% in pure profits in a single year?

Where to begin? 700% in profits is possible but it is not within your control if you can get this amount, since you will need to either select a low market altcoin to reach that goal or use leverage, and both of those options are quite risky, without mentioning that even if you made the right moves everything could go to hell if you got drunk and made some trades again while in that state.


Title: Re: Achieving a goal
Post by: synchronym on January 04, 2024, 04:56:44 AM
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.


Title: Re: Achieving a goal
Post by: Awaklara on January 04, 2024, 05:59:05 AM
Also, It is an amount that I honestly don't want to lose since it counts significantly to my capital.
 
do you want to double your money? or do you want to invest?
Many people advise that if you want to invest or trade crypto, then use money within your means, and you may lose it.
that's the risk, if you can't afford it and can become very frustrated due to declines or losses, you shouldn't put your money.
Crypto trading or investment is not your place to double your money. Even with your patience in one year, you might not stick to your plan.


Title: Re: Achieving a goal
Post by: Johnyz on January 04, 2024, 07:17:03 AM
That's a good capital to start with, unfortunately if you can't afford to lose it then don't use it and have the specific budget for your investing/trading where you can still live a good life even if you lose it. Now if you are ready with that amount, here's the list of what I can think to achieve your goal.

1. Do a 50-30-20 strategy, or 50% for Bitcoin, 30% for top altcoins and 20% for trading with small tokens.
2. Keep learning, the market grows a lot and you have to grow as well, don't settle for a minimum knowledge, aim for higher knowledge.
3. Don't be emotional, you have to stay focus and don't listen to your emotion if its not within your strategy.
4. Stay consistent, you might find this strategy boring later on but you have to stay still and remember about your goal.
5. Just enjoy the process and don't make any pressure to yourself, if you failed this year then you can try again next year, what important here is that, at least you make a profit of 10% or more.


Title: Re: Achieving a goal
Post by: cafter on January 04, 2024, 08:03:58 AM
snip

do not set huge goals like 4x - 5x in one year, that too with money you cannot afford to lose,
If you want those big gains then you will need to take high risk and trade which i do not advice anyone, who is new to trading it's proven then not everyone make money in trading.
so do not trade with that money, if I was in your place then i would diversify that capital into various major altcoin and most in bitcoin, eth. and hold for some more years not only for 1 year.




Title: Re: Achieving a goal
Post by: lovesmayfamilis on January 04, 2024, 08:22:54 AM
If you are done with trading, then investing is a good option. Moreover, while waiting for the halving, you could get a decent amount of money by investing your money in Bitcoin. But if you say that you are successful in trading, which most people are not, then you can predict that you will not stop and will not just sit and wait. The best way out would be to psychologically and physically give up alcohol. If you have a good nervous system and patience, then you can probably find the right way out, but only if you are sober.


Title: Re: Achieving a goal
Post by: kojektea on January 04, 2024, 08:46:36 AM
I just have a few suggestions. if you target 200k$ in one year that's not a problem. But don't rush to achieve that target, however, it's still early 2024. There's still a long time to get that target. If you are a good psychologist and have a lot of knowledge about trading, I think you can try this and achieve the target you want at the end of the year. From your portfolio it seems like you are quite an experienced person.


Title: Re: Achieving a goal
Post by: EarnOnVictor on January 04, 2024, 03:41:12 PM
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!
 
Then don't drink...lol. Bravo! You really want to use $25,000 to make almost 10 times of it in 2024? Well, it is very possible, and some traders can even make 100 times of it and even more in the same year. But have you questioned your expertise so well in this regard? It is easy to say one would achieve a thing but another to actually achieve it. Also, it is good to say that you will monitor your psychology, but can you really monitor it and avoid emotions whatsoever as you trade? Well, I wish you well in this quest and I hope you can give your success story at the end of 2024. But just for a piece of candid advice, if you are not the kind of trader that has had that track record in the past, I advise you not to go for these quests, unless you will not call as much as $200,000 for trading.

You might want to make a profit by not having a budget that could cause emotion for you when it is not realised on time and the years are running so fast. But to continue to trading with a low risk, and if you hit it, fine, but if not, fine as well, as what matters is for you to stay in profit no matter how little than losing your money.

Above all, I advise that you invest rather than trade, after all, that would automatically lessen your risk.


Title: Re: Achieving a goal
Post by: Cookdata on January 04, 2024, 04:45:47 PM
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!
 

There is nothing that comes close to determination and achieving your aims but calm down, crypto trading is more than the way you view it, looks more harder than the testimony you hear out there. I have a question for you and they are:
  • Do you want to trade with the capital as a real trader or you simply want to buy and hold till when it's profitable to sell them. If you want to buy and be holder, then you just need to ask and do your own research(DYOR) on some coins and invest in them but if you want to be a trader. I have another question for you
  • If you still have experience in trading, then I guess you know what to do next, get your shot together and try again
  • If you don't have any or you probably not interested, then buy and hold instead, that's the easiest way I think you can safely invest in crypto or trade.
Don't forget to not get greedy this time. Stop drinking, this is 2024, it will help you a lot.



Title: Re: Achieving a goal
Post by: Ben Barubal on January 04, 2024, 05:10:00 PM
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 allocate the 25k$ to bitcoin, you will definitely have a profit that you can really get there; it's just that it may not reach your expectations of 200k; for sure, it can only reach x2 or x3, but it's still a profit.

  But if you allocate half of the 25k$ that you have to other top altcoins and some meme coins that are also listed at the top of the market, it is possible that you will get your target or more than 200k if you really choose the right potential altcoin market.


Title: Re: Achieving a goal
Post by: dunfida on January 04, 2024, 08:47:42 PM
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!
 
One of the main rules into this investment world specially on crypto-- "TRUST NO ONE"
When it comes to advises and recommendations then its not bad to hear out on someones advises but it would really be still that depending on you in the end of the day.

Here some key reminders;
1. No one really knows on what would happen in the future
2. No one knows on which coins/projects would be flying out in terms of price or value

Since you've been saying about your experience on trading and having that significant portfolio amount which it did come down to 20k
then as long you arent selling something then those are just unrealized profits so it would really be just fine. We are still approaching upcoming bull run
so chances of recovery is there, unless you panic sell.  ;D


Title: Re: Achieving a goal
Post by: Maslate on January 04, 2024, 08:53:37 PM
That’s possible if you stick to bitcoin and put a significant amount of capital. Bitcoin’s price will continue to surge high as long as it can, as long as there are no negative factors that would hit and affect the market well. However, if you focus on altcoins, having that certain amount of goal will probably won’t be realized. But if there’s altcoin season in the future, that will sure to happen. But bitcoin bull run comes first before altcoin season, so focus first on bitcoin before you decide to diversify your investments.


Title: Re: Achieving a goal
Post by: Dave1 on January 04, 2024, 10:18:10 PM
That’s possible if you stick to bitcoin and put a significant amount of capital. Bitcoin’s price will continue to surge high as long as it can, as long as there are no negative factors that would hit and affect the market well. However, if you focus on altcoins, having that certain amount of goal will probably won’t be realized. But if there’s altcoin season in the future, that will sure to happen. But bitcoin bull run comes first before altcoin season, so focus first on bitcoin before you decide to diversify your investments.
Bitcoin is the main target, we buy bitcoin during the bear season and wait for the bull to come. Since we don't know who to follow and how the market moves from one direction to another, the little knowledge gathered should be put into crucial work, never ending ground. We sets our goals for the new season, specifically striving harder in altcoin season, because that's more like the crude oil of crypto during the bull season. Playing safe not to invest in altcoins that that comes my way, I'm just trying my best to play safe and become gallant in the market. The market is volatile, we're used to the up and down movement of the system.

Yes, but maybe he is kinda late as the best time to buy bitcoin is last year when the price hits $11,500.

But in any case, yeah he can still invest that money in bitcoin but the returns might not be that big as he expected. But it's really hard to advise altcoins, as what is the best because it's more volatile and unpredictable as compare to bitcoin market.

So the best advise to the OP is just research and see what coins he really wanted to invest.


Title: Re: Achieving a goal
Post by: the rise on January 05, 2024, 07:24:29 AM
Of course, I can. but you have to be brave with this trading because of the high risk. Let's say your target is 200k$, which means you are willing to lose the amount of your trading capital. I think we can't just calculate the profits but also the losses we get as a result of some errors or invalid analysis or FOMO. I don't want to discourage you, but we have to be realistic about market conditions and don't rush to achieve that target.


Title: Re: Achieving a goal
Post by: Volimack on January 05, 2024, 11:32:25 AM
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.


Title: Re: Achieving a goal
Post by: Barikui1 on January 05, 2024, 03:55:14 PM
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.
The bull run is around the corner so it's another opportunity for you to buy and hold.


Title: Re: Achieving a goal
Post by: Y3shot on January 05, 2024, 04:00:54 PM
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 .


Title: Re: Achieving a goal
Post by: doomloop on January 05, 2024, 06:01:03 PM
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.


Title: Re: Achieving a goal
Post by: tjtonmoy on January 06, 2024, 02:39:33 PM
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.


Title: Re: Achieving a goal
Post by: Fuso.hp on January 06, 2024, 02:46:18 PM
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.


Title: Re: Achieving a goal
Post by: |MINER| on January 06, 2024, 04:21:15 PM
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.


Title: Re: Achieving a goal
Post by: Nrcewker on January 06, 2024, 04:29:41 PM
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.


Title: Re: Achieving a goal
Post by: abel1337 on January 06, 2024, 04:45:08 PM
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.

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.


Title: Re: Achieving a goal
Post by: aylabadia05 on January 06, 2024, 05:16:41 PM
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?
<snip>
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.

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.


Title: Re: Achieving a goal
Post by: Crypto Library on January 06, 2024, 05:19:48 PM
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.
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.


Title: Re: Achieving a goal
Post by: Rengga Jati on January 06, 2024, 07:28:46 PM
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.


Title: Re: Achieving a goal
Post by: Issa56 on January 06, 2024, 08:21:29 PM
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.

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.


Title: Re: Achieving a goal
Post by: bettercrypto on January 06, 2024, 08:36:38 PM
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.

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.


Title: Re: Achieving a goal
Post by: boyptc on January 06, 2024, 09:56:08 PM
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.


Title: Re: Achieving a goal
Post by: Essential10 on January 07, 2024, 03:48:58 AM
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.


Title: Re: Achieving a goal
Post by: AnonBitCoiner on January 07, 2024, 05:11:17 AM
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.


Title: Re: Achieving a goal
Post by: EarnOnVictor on January 07, 2024, 09:30:35 AM
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.


Title: Re: Achieving a goal
Post by: el kaka22 on January 08, 2024, 05:01:22 AM
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.


Title: Re: Achieving a goal
Post by: Patrol69 on January 08, 2024, 06:22:20 AM
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.


Title: Re: Achieving a goal
Post by: Mpamaegbu on January 09, 2024, 05:26:46 PM
Also, psychologically I am done with trading since the lost, I was great at it but one drunk night got me bad lol.
From your post here, it seems you're loaded and that $25k set aside isn't much of a big deal to you if you lose it. Anyway, my suggestion to you will be to half it and put one part of it on Bitcoin. That's a conservative way to make profit. However, if you want to be more daring to achieve the ROI you stated in your OP, then it means you've to get into altcoin investment and leverage on futures. Sadly, since you said you're done with trading; it leaves you with just one option and that's going for penny cryptos with low caps and little supply before they're listed on popular coin sites like Coingecko and CMC.

Quote
Don't drink and trade folks.
Don't get drunk and do anything, apart from sleeping. That warning shouldn't be just for trading alone. There's a reason medics advise patients on medication not to take drugs that make them dizzy if they must hit the road, driving themselves.


Title: Re: Achieving a goal
Post by: redsun114 on January 09, 2024, 08:44:23 PM
Investing with that kind of big amounts is usually such a risky stuff that people are at a point where it's either going to be changing their life forever, or just would be nice to have uptick that's it, and that's why they keep making a mistake. Turning that 25k into 50k wouldn't be that hard, it also wouldn't change your life forever, that's why it is possible but not tempting at all, you could simply buy bitcoin with all that 25k, and in a year or so, it will be 50k, or even more than that, maybe even 75k range.

This doesn't seem tempting because it would not change your life forever, you can't just retire with 50k, that's not enough, but 250k? That you can retire with, so people take bigger risks with that kind of money.


Title: Re: Achieving a goal
Post by: Mahanton on January 09, 2024, 09:23:58 PM
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!
 
When it comes to investment decisions then this is something that you must rely with other peoples suggestion, its not bad to snip out some good idea but in the end you are
the ones who would really be needing to make out such decision since its your money to be invested not theirs.We are all speculators into this investment world or market
on which there's no one could actually predict on what projects or coins would really be flying out with colors and into those coins who would really be just basically be standing still.
There's no way that could really be able to know on whats ahead. This is why if you dont like on having those kind of regrets then it would be better that
you should stick into your own decisions and choices.

This is why it would really be that always ideal that making your own research and snipping out some others ideas to be combined on which this could really be giving out that
kind of probabilities that could make your own choices and this is something that much preferred. Its your money to invest not theirs, so its not ideal that you
would really be following into those suggestions.


Title: Re: Achieving a goal
Post by: Sanitough on January 09, 2024, 09:27:17 PM
Trading can give us bigger profits but the process is harder and riskier, and with a single mistake, you will end up ruining all your funds instantly that’s why never trade when you think you are not ready to risk your money and you don’t have sufficient skills to trade.

 However, investing and long term hodling can also give you decent profits but the waiting time to profit is longer as it could take years before you can see possible profits. Patience is a must so if you think you’re not that highly patient, then never enter investing and long term hodling because you will only lose your money since you can’t stand the pressure of market volatility.


Title: Re: Achieving a goal
Post by: GeorgeJohn on January 09, 2024, 10:40:33 PM
Sometimes it's not all advice for investment that you will take from everyone because advice of people might mislead you whereas your mindset would have been the one that's favourable by you, so therefore I would like to say that investment is base on investigation and research, if you have make a proper inquiry nothing will make you not to understand the concepts of investment, so invest in any coin you feel that have potential or you take a risk and invest in a coin people doesn't value and if you have a luck the coin may be productive for you, and if it happens you will be at safer side.


Title: Re: Achieving a goal
Post by: usekevin on January 09, 2024, 11:11:32 PM
Trading can give us bigger profits but the process is harder and riskier, and with a single mistake, you will end up ruining all your funds instantly that’s why never trade when you think you are not ready to risk your money and you don’t have sufficient skills to trade.

 However, investing and long term hodling can also give you decent profits but the waiting time to profit is longer as it could take years before you can see possible profits. Patience is a must so if you think you’re not that highly patient, then never enter investing and long term hodling because you will only lose your money since you can’t stand the pressure of market volatility.

The trading was the good enough for the person to settle in life,but the risk was more.If you not do the analysis in good way will leads to complete loss.Buying at the bull market is not the better option,in the bull market you should get the right point to enter the trading.Many traders with less experience will fail to find the point to enter the trading market.

Their will be the bear point in every bull run,use that bear to enter into the market.So the profit percentage will be higher one,but the risk also their because of the bull run.The trader should learn the point which he need to withdraw the money from the trading,because the bear market will collapse the holding asset if the trader hold it for the longer period.The trader should develop their trading skills in the daily trading activities.


Title: Re: Achieving a goal
Post by: BabyBandit on January 09, 2024, 11:25:11 PM
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!
  

First rule don't and never listen to people here even tho they pretend to know what they saying, very very few know about trading here and the most people in a Signature campaign just post to earn their $1.

With that said, it's nothing wrong to ask people for advice and take some good parts there and here, but in the end you must do your own research, read for hours online and then take a decision, and yes its boring to just read and read but that's the best key to success, nobody will do that work for you, it's no short cut to success. I say it often and say it again "It's only yourself that can create your own success".
And if you only follow others and fail then you will just look like a looser IMO. Instead do as I said becasue then it's only you to blame if your fail or your to celebrate if you success.

You should also know that many people here know NOTHING about trading they just pretend they do even they have "Legendary rank". So.. stop ask, start read and learn yourself.

Good luck! I believe in you. Keep the grinding and never give up, the mind will give up before your body does.


Title: Re: Achieving a goal
Post by: boty on January 10, 2024, 05:20:30 AM
Sometimes it's not all advice for investment that you will take from everyone because advice of people might mislead you whereas your mindset would have been the one that's favourable by you, so therefore I would like to say that investment is base on investigation and research, if you have make a proper inquiry nothing will make you not to understand the concepts of investment, so invest in any coin you feel that have potential or you take a risk and invest in a coin people doesn't value and if you have a luck the coin may be productive for you, and if it happens you will be at safer side.
When we decide to invest, it would be better for us to have a good understanding of the investment we are making, because if we listen to other people's advice and that person says it is not based on the knowledge they have, of course we will suffer losses from the investment we make.
It's true what you said, it would be better for us to do our own research first about investment so that we can make the right decision in the investment we make, after we understand well about investment then we can try it. After we try it, of course we will be able to have experience in the field. investment and will be able to get profits from the investments we make.


Title: Re: Achieving a goal
Post by: wxa7115 on January 10, 2024, 05:58:46 AM
Sometimes it's not all advice for investment that you will take from everyone because advice of people might mislead you whereas your mindset would have been the one that's favourable by you, so therefore I would like to say that investment is base on investigation and research, if you have make a proper inquiry nothing will make you not to understand the concepts of investment, so invest in any coin you feel that have potential or you take a risk and invest in a coin people doesn't value and if you have a luck the coin may be productive for you, and if it happens you will be at safer side.
When we decide to invest, it would be better for us to have a good understanding of the investment we are making, because if we listen to other people's advice and that person says it is not based on the knowledge they have, of course we will suffer losses from the investment we make.
It's true what you said, it would be better for us to do our own research first about investment so that we can make the right decision in the investment we make, after we understand well about investment then we can try it. After we try it, of course we will be able to have experience in the field. investment and will be able to get profits from the investments we make.
It is not only better to do our due diligence, it is our only option, anyone that invests in an asset following the advice of someone else is making a mistake from which they may never recover, because even if they were to succeed and make money with that advice, they will forever damage any confidence they may have had on their abilities and will become dependent on the advice of others.

Then for the rest of their trading careers they will look for investment advice, instead of looking at the charts and everything surrounding a project and decide on their own if they want to invest in it.


Title: Re: Achieving a goal
Post by: Ben Barubal on January 10, 2024, 06:52:21 AM
   If I'm your OP, just allocate it to your bitcoin; don't allocate it to other altcoins that you think will make you a bigger profit. If your goal is to turn the 25k you have into 200k,. You can't exactly get the 200k 000, but at least the 130k-150k you can possibly get.

   Now, if you believe in other top altcoins or other cryptocurrencies that are new but have the potential to rise in the upcoming bull run, then, if you are sure, go ahead and do what you plan to do.


Title: Re: Achieving a goal
Post by: Hypnosis00 on January 10, 2024, 12:56:41 PM

Don't drink and trade folks.

 
It is a big mistake for someone who trades while drinking, that is a careless action and much more if you are using huge capital. It is something we don't have to do or else, we just wake up in a big surprise upon seeing we lose our money.

$25k is not just a small amount for me and I feel nervous if I have that capital knowing how risky is trading. But if we really have the confidence that we can do it right, why not? It is not impossible to reach $200k but just like the other members said, you must be focused on your trade and have an extra caution.


Title: Re: Achieving a goal
Post by: LogitechMouse on January 10, 2024, 01:47:09 PM
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, 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.
Here are some tips:
1. Don't follow what a random YouTube influencer is telling you because most of the time, they're just shilling their sh*ts. They're just shilling the coins that they're holding so you as their viewer buy it. Always do your research before investing.
2. Higher multiplier = higher risks. You want to 8x your money based on the amounts that you said. I will not say a specific coin/s where you can get x8 your money just by investing into them, but what would I say is that, if you want to 8x your money, investing into coins that have a lower market cap can give that to you. The safest would be the ones at the top 51-100 or even lower. Higher risk, but "MIGHT" gives a higher reward to you compared to the top 20 coins.
3. Don't follow the first 2 advice that I shared with you. :P

No seriously, don't follow what a random user like me is sharing with you. The tips that I'm sharing with you might not work for you as well. Find what works for you. If you can risk your money investing into lower market cap coins to reach that $200,000 then go. If you want to trade again then go, but don't drink before trading. :D We can share tips and advice to you here, but what we are saying might not work for you at the end of the day.


Title: Re: Achieving a goal
Post by: leonair on January 10, 2024, 03:02:31 PM
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!
 
$25k If you want to make $200k you need to make 8x profit.  Which can be done in a year but you have to trade because even if you hold bitcoins you won't be able to make 8x profit in 1 year because the current price of bitcoin is $40k+ which will pump almost 500% from $200k which is expected to be possible in 1 year  can't be done  So you have to trade and do it very carefully.  Then you might be able to make your $200k dream come true from here.  But there are high risks involved so since you want to risk with a large amount you must think twice before starting.


Title: Re: Achieving a goal
Post by: SmartGold01 on January 10, 2024, 03:29:49 PM
There are some common mistakes people do make because if you know the purpose of cryptocurrency investment or trading then you will learn to avoid to empty your self to invest it, before finally taking decision you should know that risk involved in any of these because trading is highly technical and it requires you to study extensive and it's not what just you learn and start trading. Trading takes time and years and even as that you must not start with full capital where you would go making a huge deposit to start trading, as a newbie trader you should starts with very little amount maybe after seeing your progress then you can decide to increase your capital but not entirely funding it huge amount of money otherwise you could get it blown in a single day or week.

Keep that aside, if you don't want to involve in trading and want to solely rely on investment then you should mind the kinds of coin and token you would invest, it's better to stick to those coin that are well known, example bitcoin. You may used about 60 to 70 percent of the amount you mentioned to invest in bitcoin than any other coin while the rest percentage could be used to invest in altcoin like ETH Matic and BNB and few of them, totally avoid newly launched projects like those doing presale or whatever if you must not lost your investment.


Title: Re: Achieving a goal
Post by: TheUltraElite on January 10, 2024, 04:59:36 PM
Basically, I have around 25$k to invest, and I really want to hit least 200K$ by the end of this year.
Depends on the market and what you invest in. Its not impossible, but most likely not possible as well. From 25k to 50k seems more feasible.

Quote
Could you please give me some tips and advises?
Bitcoin at lower price ranges is what should be bought. Nothing else matters.

Quote
Also, It is an amount that I honestly don't want to lose since it counts significantly to my capital.
However trading should be done with the money that you can afford to lose. I am not sure how you will go forward with this.

Quote
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.
I hope you did, patience is important and since you are already setting deadlines of 200k in one year, I doubt you will be able to keep patience and likely panic at the last few months if bear run starts by then.

Quote
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.
Thats both advice and introspection.


Title: Re: Achieving a goal
Post by: Hamphser on January 10, 2024, 06:40:01 PM
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!
 
$25k If you want to make $200k you need to make 8x profit.  Which can be done in a year but you have to trade because even if you hold bitcoins you won't be able to make 8x profit in 1 year because the current price of bitcoin is $40k+ which will pump almost 500% from $200k which is expected to be possible in 1 year  can't be done  So you have to trade and do it very carefully.  Then you might be able to make your $200k dream come true from here.  But there are high risks involved so since you want to risk with a large amount you must think twice before starting.
If you would really be that trying out to deal up with those basic approach and trading then 8x wont really be taking long but of course it would really be needing that huge risks that it is really that pertaining.

Its never been that easy on dealing up with this unpredictable space on which everything could really be that so random and something that will really be giving out some different results.
As for achieving goal then it would really be always that important on having one because there's no way that we could really be able to achieve something if we wont
really be tending to strive. Also you wont really be able to achieve something if you wont be trying on risking.

This is why it would be always best that you should be making that borderline or set of goals on which you do have at least having that end point.


Title: Re: Achieving a goal
Post by: Webetcoins on January 10, 2024, 06:44:31 PM
Turning $25k into $200k is no joke, let's accept this first. It's 800% on your initial investment and to earn that much you either have to take big risks or get extremely lucky when you buy a meme coin and it pumps massively.

My advice would be to make small realistic goals like $5k a month and then see where it goes. It can be through long/short or day trading which do come with some risk.

Another thing you should factor in is compounding. Once you start earning small but steadily you will have a bigger capital to trade with and eventually the humongous $200k goal can be reached.


Title: Re: Achieving a goal
Post by: Mame89 on January 10, 2024, 09:13:40 PM
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!
 
$25k If you want to make $200k you need to make 8x profit.  Which can be done in a year but you have to trade because even if you hold bitcoins you won't be able to make 8x profit in 1 year because the current price of bitcoin is $40k+ which will pump almost 500% from $200k which is expected to be possible in 1 year  can't be done  So you have to trade and do it very carefully.  Then you might be able to make your $200k dream come true from here.  But there are high risks involved so since you want to risk with a large amount you must think twice before starting.
I think the Op with $25k in funds has no intention of investing in bitcoin, he asked for advice from forum members to invest in altcoins because the target he wants to achieve in a year is $200k, meaning he wants his assets to increase 8x. In fact, with funds of that size, he has to be careful in choosing the coins he wants to invest in because the risk is very big, especially without doing the reset himself, just relying on other people's advice. It is true that we need advice from other people, but we also need to do research independently so that it becomes our reference in making investment decisions. However, if I were the OP with a lot of funds, I would choose Bitcoin investment because it is safer and we are not greedy. because I always adhere to the principle in investing, if we want to achieve our goals we need patience and avoid greed.


Title: Re: Achieving a goal
Post by: Kelvinid on January 10, 2024, 10:03:20 PM
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!
 
$25k is a huge amount already and it is possible to earn much from it if managed so well. Since you are good at trading, that seems to be not hard for you to grow it and reach your goal but at this time, you need to be serious and avoid those mistakes that you've made in the past (drinking) or else, this will be the reason of losing your $25k instantly. Must remember that greediness is a huge factor affecting our trade and you must control it. Many people have been good in trading but greed has ruined everything and turned their capital to 0. Your experience would help you to do good and avoid them from happening again.


Title: Re: Achieving a goal
Post by: Mate2237 on January 10, 2024, 10:53:24 PM
Hey Buddy, as for investment I don't think you can hit 200k$ in a year unless the price othe bull market is very high for you to meet that long term goal. But that your 25$k invest can produce the 200$k in the next four years. Though the capital investment is huge but the determine profit is much more bigger so it will take a very huge bull run to produce that amount. Though nothing is impossible.

When you invested such amount in Bitcoin, guy you have to get spear money to drink because that should be a motivational mood to the investment.


Title: Re: Achieving a goal
Post by: boty on January 11, 2024, 12:56:06 PM
It is not only better to do our due diligence, it is our only option, anyone that invests in an asset following the advice of someone else is making a mistake from which they may never recover, because even if they were to succeed and make money with that advice, they will forever damage any confidence they may have had on their abilities and will become dependent on the advice of others.

Then for the rest of their trading careers they will look for investment advice, instead of looking at the charts and everything surrounding a project and decide on their own if they want to invest in it.
Yes, of course it will be very difficult to recover from losses from investing by following advice from other people and also we have to ask that person for advice again about the investments we make and in my opinion it is not very good for us to depend on other people's advice because we will not be able to develop if we continuously follow people's advice about the investments we make.


Title: Re: Achieving a goal
Post by: Jegileman on January 11, 2024, 06:17:07 PM
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!

From your short story, you must have learnt a lot from the past and won’t want a repeat of what happened to you again. If you’re sure that you’ve worked on your psychology and you will also be patient enough to allow the investment grow, you should consider investing more in bitcoin and some potential altcoins that have made it through the market over the years. It is true that some altcoins, maybe meme coins that are making waves in the market but just know that they’re risky and since you’re investing with money you would like to lose, I wound advise you stay away from them and invest in a more realistic coin.


Title: Re: Achieving a goal
Post by: stomachgrowls on January 11, 2024, 06:43:25 PM
Hey Buddy, as for investment I don't think you can hit 200k$ in a year unless the price othe bull market is very high for you to meet that long term goal. But that your 25$k invest can produce the 200$k in the next four years. Though the capital investment is huge but the determine profit is much more bigger so it will take a very huge bull run to produce that amount. Though nothing is impossible.

When you invested such amount in Bitcoin, guy you have to get spear money to drink because that should be a motivational mood to the investment.
People should realize this on which there's no such thing about some rainbow unicorn on which making your 25k to $200k in a short span of time, even if you do stick yourself into those top ranking coins then there's
no way that you could hit up x10 in a short span of time but now that we are fast approaching on bull run period then it wont really be that a bad idea that you would really be making yourself that having some decisions or movement on investing into top tier coins considering that we are really that moving upward gradually.

Just some tips or recommendations that it would be better that getting in or timing will really be best on the time that the market would be having that huge retracement on which
this could happen a few weeks or months later after the halving period on which i could say that this would be the sweetest spot for you to maximize profitability on which we know that it could
be the best place or price that we could really be able to get in but well it would really be still depending into your own choice.

Thing here is that you do set up some goals but of course you would really needing to work hard for it and make out some good decisions in terms of entry
to make that possible maximize of profits.


Title: Re: Achieving a goal
Post by: Smartvirus on January 11, 2024, 07:32:48 PM
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.
Psychologically you say and that be, the thought in your head which could change anytime but, why let it affect you this much since you practically know what the problem was.

You’ve advised not to be intoxicated while trading,
Your claim is that, you are/were actually a good trader but, one drunk move towards trading was were you got it wrong.
After making the rulings of what was the issue behind your misfortune, why not correct and continue. I get it to be risky but, you could still trade if you want to then let a gained knowledge and skill deteriorate.

Still, you could seek the paths to buy Bitcoin and hodl if you don’t hope to take much risk. Otherwise, trading is where you can build the portfolio you present in OP within a short time frame.


Title: Re: Achieving a goal
Post by: Ben Barubal on January 12, 2024, 09:48:48 PM
Sometimes it's not all advice for investment that you will take from everyone because advice of people might mislead you whereas your mindset would have been the one that's favourable by you, so therefore I would like to say that investment is base on investigation and research, if you have make a proper inquiry nothing will make you not to understand the concepts of investment, so invest in any coin you feel that have potential or you take a risk and invest in a coin people doesn't value and if you have a luck the coin may be productive for you, and if it happens you will be at safer side.

   What you are saying is correct; it is not because someone has given advice on this forum platform that we will immediately believe it. Of course, we must first learn to analyze the opinions of the various communities here. Then, when you have seen and balanced the advice that was given to you, you will now decide which one of those you think will benefit and help you.

   That's the simple thing I do, and I often even combine the opinion of others with another opinion of mine because it's really good and useful.


Title: Re: Achieving a goal
Post by: wxa7115 on January 16, 2024, 05:20:54 AM
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!

From your short story, you must have learnt a lot from the past and won’t want a repeat of what happened to you again. If you’re sure that you’ve worked on your psychology and you will also be patient enough to allow the investment grow, you should consider investing more in bitcoin and some potential altcoins that have made it through the market over the years. It is true that some altcoins, maybe meme coins that are making waves in the market but just know that they’re risky and since you’re investing with money you would like to lose, I wound advise you stay away from them and invest in a more realistic coin.
Taking into account their goals I doubt they will want to invest in bitcoin, as even if bitcoin is bound to give great profits during the upcoming bull run, it is unlikely that it will give such high profits.

So the OP has no option other than to try to invest in altcoins, but this is where the reality cannot match with their expectations, as in order to have a chance to make more money you have to take greater risks, and they are very clear about their unwillingness to lose the money they want to use to invest in this market.


Title: Re: Achieving a goal
Post by: FanEagle on January 16, 2024, 06:15:49 AM
If you keep following the "orders" or even suggestions of other people, you will end up losing a lot of money and there is nothing you can do about it. It is clear that you are going to end up losing money, and that is why you should be a lot more careful, if you are careful and learn how to trade yourself then you will stand a chance. I believe that the best thing to do right now would be making sure that we are dealing with something that is a bit tough without you knowing anything about it.

Trading is a very tough deal, and it requires a lot of studying, and that is why you should be considering that as a blessing. I know it takes time, but that is just how it is done, there is nothing else you can do about it.


Title: Re: Achieving a goal
Post by: Dzwaafu11 on January 16, 2024, 07:28:37 AM
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.  

$25k is not a small amount of money, and if I should follow what you are saying, I think you still have some little tips before investing. Even though you stated that you have control over emotion and have the knowledge about what you want to do, you may lose. Did you know that sometimes things just go because of the knowledge we get in the crypto space? Sometimes luck also works here. However, if $25k is the amount you have in your account, I won’t advise you to use it all for what you want to do, whether trading or holding, because both carry some risk. You should use some part of the money to invest, or, to cut a long story short, use the amount you can afford to lose. So that you won’t come back to this thread and panic, we advise you to invest all your money.

However, bitcoin investment will be the best thing you should do, but there is no guarantee that you are going to get your money back with profit at the end of this year, as you stated. Again, you said you wanted to spend $25k and get back $150k, man. That is too much based on your own perception, although it may happen, depending on the way you are viewing it. And I can say you still have greed in you. Did you know that too many expectations may spoil your investment because you will have no rest of mind even after investing in a good project? So I think you should think twice before you take the next step towards this.

Trading is a very tough deal, and it requires a lot of studying, and that is why you should be considering that as a blessing. I know it takes time, but that is just how it is done, there is nothing else you can do about it.

Exactly. The OP needs to understand this and keep in mind that he still has a lot to cover before trading because trading is not easy and he thinks it will take him much time before he can become a professional and start trading on his own. Furthermore, trading has a lot more risk than he thinks because if he knows how risky trading is, he won’t think of getting the amount he stated at the end of this year. So therefore, if he really wants to trade, he should learn much before he starts because, from the way the OP is talking, I can say there is greed in him.


Title: Re: Achieving a goal
Post by: adpinbr on March 08, 2024, 07:54:56 PM
I wouldn’t recommend you to any of the Trading platform or any of the coin that you should buy to increase your fund. That is nothing that comes easily, but I would tell you to take the ricks go to CoinMarketCap check some coin ask questions and also don’t forget to have some bitcoin in your wallet because it will also help and go make some research and continue to ask questions please don’t make use of your money, useless and don’t spend it on any coin that you think that is better think very well and analyze properly before taking any step Money is not easy to get


Title: Re: Achieving a goal
Post by: Ben Barubal on March 08, 2024, 09:15:25 PM
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 had already started that at the time you posted this, it is possible that what you say is profit will happen, especially if you used it with bitcoin, and it is possible with ETH, BNB, MATIC, and other cryptos as well. That is, as long as it is on the top list, it can be said that you are secured in the profit anyway.

     The question is, did you buy it? Just divide it into different assets here in the crypto business industry so that at least your assets are scattered and can give you earnings in the future.
So good luck to your investment anyway to your capital investment.


Title: Re: Achieving a goal
Post by: Viscore on March 08, 2024, 10:07:22 PM
I wouldn’t recommend you to any of the Trading platform or any of the coin that you should buy to increase your fund. That is nothing that comes easily, but I would tell you to take the ricks go to CoinMarketCap check some coin ask questions and also don’t forget to have some bitcoin in your wallet because it will also help and go make some research and continue to ask questions please don’t make use of your money, useless and don’t spend it on any coin that you think that is better think very well and analyze properly before taking any step Money is not easy to get
Trading will only used up all your money if you continue trading without proper skills and experience. I suggest focus on investing first as the risk to lose is quite less, but never use your money that you can't afford to lose. There is no fixed results when it comes to any form of investment, everything is uncertain really.

However, if you focus on bitcoin and invest in long term, the probability to be in massive profits is high. But you have to establish your knowledge first on your investment, then build your faith and patience so you can manage the high volatility of bitcoin and its market uncertainty.


Title: Re: Achieving a goal
Post by: batang_bitcoin on March 08, 2024, 10:48:58 PM
You don't want to risk that much because it's probably all that you've got now. But if you are going to pick some altcoins, make sure that you'd pick the best one for you. It takes time to have it like 8x of growth but if you're going to the hectic way, you'd definitely have to jump from one coin to the other if you don't have patience. But if you do, make sure that you'll choose the right one. I'd rather go with a better and more proved way of doing it through ETH and BTC but I won't give myself a timeline of just one year.


Title: Re: Achieving a goal
Post by: Bushdark on March 08, 2024, 11:43:50 PM
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!
 
The only reasonable advise for you is to invest in Bitcoin. You can use all the capital to buy Bitcoin and watch your money grow.
You will be able to make reasonable amount but I am not certain that you will be able to make such amount of money you have in mind.
Using just 25k to get 200k is a pure greed and you have to remove the mindset out of your mind. Cryptocurrency is not a ponzi scheme, you will have to invest and watch your money grows.


Title: Re: Achieving a goal
Post by: jrrsparkles on March 09, 2024, 07:03:42 AM
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!
 
The only reasonable advise for you is to invest in Bitcoin. You can use all the capital to buy Bitcoin and watch your money grow.
You will be able to make reasonable amount but I am not certain that you will be able to make such amount of money you have in mind.
Using just 25k to get 200k is a pure greed and you have to remove the mindset out of your mind. Cryptocurrency is not a ponzi scheme, you will have to invest and watch your money grows.

Just investing in Bitcoin will not gonna make that much return, unless the user decides to play with it like buying and selling in the short frame and that is what I am gonna suggest too considering the risk which is lower than investing in a random altcoin and expecting it to grow from $0.1 to $1.

Or let's break down the capital further, 20K into bitcoin trading and 5K into altcoins, just consider that 5K can grow 100K or fall to complete zero then try to utilize the volatile swing of BTC to convert USDT or any stable coin back and forth and try to capitalize as much as possible.



Title: Re: Achieving a goal
Post by: Peanutswar on March 09, 2024, 09:00:48 AM
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,

Trading can be an up and down like the market volatility not all the time we are earning free money with the market, you can make a reset if you lose a position at the end of the day you are aiming for the profit. Based on my experience once the BTC gets sleep with the market price movement I hunt other pairs of coins that could be a potential good position, do the basic TA, check if ideal to trade and if you are quite confident to create a position. Every mistake is part of the lesson to trade so you can avoid it next time but if you continuously make this mistake and becomes a habit you are just wasting your money and time.


Title: Re: Achieving a goal
Post by: Bloodseekers on March 09, 2024, 11:11:57 AM
The only reasonable advise for you is to invest in Bitcoin. You can use all the capital to buy Bitcoin and watch your money grow.
You will be able to make reasonable amount but I am not certain that you will be able to make such amount of money you have in mind.
Using just 25k to get 200k is a pure greed and you have to remove the mindset out of your mind. Cryptocurrency is not a ponzi scheme, you will have to invest and watch your money grows.
If we use all the money we have to buy Bitcoin, of course we will be able to get big profits if after we buy it the price continues to increase, but if the price of Bitcoin decreases after we buy it, of course we have to be patient and hold on until the price of Bitcoin increases. In my opinion, it would be very risky if we used all the capital we have to buy a number of Bitcoins, of course we have to think about how to manage the risks that might occur when investing, maybe we need emergency funds and we don't have any more funds at our disposal, of course we have to taking what we have invested before time will of course be very detrimental to us.

You are right, when we invest, of course we will be able to get profits according to the capital we bring and it is not possible to get big profits with capital as you say.


Title: Re: Achieving a goal
Post by: shawonngp on March 09, 2024, 12:04:39 PM
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 had already started that at the time you posted this, it is possible that what you say is profit will happen, especially if you used it with bitcoin, and it is possible with ETH, BNB, MATIC, and other cryptos as well. That is, as long as it is on the top list, it can be said that you are secured in the profit anyway.

     The question is, did you buy it? Just divide it into different assets here in the crypto business industry so that at least your assets are scattered and can give you earnings in the future.
So good luck to your investment anyway to your capital investment.
You recommended good coins BTC and some altcoins which are the top cryptocurrencies in the market. But if OP want to achieve his/him goal 25k$ to 200k$ of course he/she need to take big risk with another risky coins which are big pumping and dumping. And if he/she want to lees risky investment when so difficult to achieve this goal.


Title: Re: Achieving a goal
Post by: tygeade on March 11, 2024, 06:19:45 AM
Trading can be an up and down like the market volatility not all the time we are earning free money with the market, you can make a reset if you lose a position at the end of the day you are aiming for the profit. Based on my experience once the BTC gets sleep with the market price movement I hunt other pairs of coins that could be a potential good position, do the basic TA, check if ideal to trade and if you are quite confident to create a position. Every mistake is part of the lesson to trade so you can avoid it next time but if you continuously make this mistake and becomes a habit you are just wasting your money and time.
I agree that these movements are the parts where people make their profit, and these ups and downs are a must, both of them at the same time. This is why I believe that we are talking about something that's a little bit different, and not going to feel the same.

I believe that the best thing to do in this case would be something that could actually benefit everyone, so it should not be all that confusing to have both up and down. You can't have only up, and you can't have only down, you need to have both up and down at the same time. This should not be all that confusing, it is not going to be something that benefits you in the end. We should consider this part of the natural process of the market, and trade within those movements.


Title: Re: Achieving a goal
Post by: Ayers on March 11, 2024, 10:55:27 AM
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!
 
The only reasonable advise for you is to invest in Bitcoin. You can use all the capital to buy Bitcoin and watch your money grow.
You will be able to make reasonable amount but I am not certain that you will be able to make such amount of money you have in mind.
Using just 25k to get 200k is a pure greed and you have to remove the mindset out of your mind. Cryptocurrency is not a ponzi scheme, you will have to invest and watch your money grows.

Just investing in Bitcoin will not gonna make that much return, unless the user decides to play with it like buying and selling in the short frame and that is what I am gonna suggest too considering the risk which is lower than investing in a random altcoin and expecting it to grow from $0.1 to $1.

Or let's break down the capital further, 20K into bitcoin trading and 5K into altcoins, just consider that 5K can grow 100K or fall to complete zero then try to utilize the volatile swing of BTC to convert USDT or any stable coin back and forth and try to capitalize as much as possible.


OP's goal is to increase his initial capital 10 times. If we invest in bitcoin at this time, it is impossible to realize that dream, but if we accept the risk and try investing in atlcoin, this is not too difficult, IMO. But it's difficult to give investment advice to anyone because everyone's risk tolerance is different, so giving advice is not easy.

If this money were mine and my goals were the same as the OP, I would invest most of it in altcoins instead of bitcoin. Of course the risk is very high, but during the bull season, altcoins will bring much better profits than bitcoin.

@OP, this is not financial advice I'm giving you, you should make your own decisions, I'm just speaking my mind.


Title: Re: Achieving a goal
Post by: jrrsparkles on March 12, 2024, 06:00:56 PM
OP's goal is to increase his initial capital 10 times. If we invest in bitcoin at this time, it is impossible to realize that dream, but if we accept the risk and try investing in atlcoin, this is not too difficult, IMO. But it's difficult to give investment advice to anyone because everyone's risk tolerance is different, so giving advice is not easy.

If this money were mine and my goals were the same as the OP, I would invest most of it in altcoins instead of bitcoin. Of course the risk is very high, but during the bull season, altcoins will bring much better profits than bitcoin.

@OP, this is not financial advice I'm giving you, you should make your own decisions, I'm just speaking my mind.

If I am not wrong he also stated that this $25K is important and can't afford to lose it even if his portfolio value is 150K that is why 80% of capital is into safe that is bitcoin and the remaining 20% into altcoin. that 20% can even grow 200% or 1000% if we are lucky but it's hard to predict the coins no matter what.


Title: Re: Achieving a goal
Post by: Fara Chan on March 12, 2024, 06:16:45 PM
You recommended good coins BTC and some altcoins which are the top cryptocurrencies in the market. But if OP want to achieve his/him goal 25k$ to 200k$ of course he/she need to take big risk with another risky coins which are big pumping and dumping. And if he/she want to lees risky investment when so difficult to achieve this goal.
Actually, this goal is not difficult for OP to achieve as long as OP has the patience to do it regularly, because now Bitcoin is at an all-time high which is a big win for people who have bought at low prices before. So every extraordinary achievement is actually not difficult as long as we are able to wait for it after daring to take risks by buying it in the past, and for now it is actually still quite good if you still want to buy Bitcoin with some of the top altcoins on the market because their price movement potential is still hasn't disappeared in a while.


Title: Re: Achieving a goal
Post by: yudi09 on March 12, 2024, 06:20:11 PM
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?
-snip-
Every good investment is not focused on one type, but from the development of the crypto market, I believe that the type of investment that is very likely to get big profits is in Bitcoin even though the risk is also big, but by choosing Bitcoin you can protect the value of fiat currency against decline value that will happen to it.
In essence, investing in Bitcoin is better than keeping fiat in the bank.
$25K in January was invested in Bitcoin, now with the price going up to $73K, how much more would it take to reach $200K over the course of a year?

In essence, investing in Bitcoin is better than keeping fiat in the bank.
But this is not financial advice because if you choose to invest in a type of investment that can maintain the value of a currency, then for me that is better and that is one way to achieve the goal.


Title: Re: Achieving a goal
Post by: pusaka on March 12, 2024, 07:15:05 PM
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,

Trading can be an up and down like the market volatility not all the time we are earning free money with the market, you can make a reset if you lose a position at the end of the day you are aiming for the profit. Based on my experience once the BTC gets sleep with the market price movement I hunt other pairs of coins that could be a potential good position, do the basic TA, check if ideal to trade and if you are quite confident to create a position. Every mistake is part of the lesson to trade so you can avoid it next time but if you continuously make this mistake and becomes a habit you are just wasting your money and time.
Well, the mistakes we made before can be a lesson for us so we don't make the same mistakes in the future. But if we still make the same mistakes, then I will start to question whether we learn from experience or whether we never do it, then I agree that is something that just wastes our time and money.
We must be able to minimize every mistake and this can be done from the experiences we have gone through which made us lose a lot of money. We must be able to set a profit target and we must also have a loss target in trading, this will really help to minimize something that we don't want to happen. It is fear and greed, being afraid when we lose and being greedy when we gain.


Title: Re: Achieving a goal
Post by: bettercrypto on March 12, 2024, 07:22:45 PM
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!
 

Do your research on cryptocurrencies that have low caps in the market, or maybe on meme coins that are on the list of top-listed ones like Pepe, Floki, Shib, Doge, Bonk,
or Leash, or something like that.

It's up to you which one you want, as long as you make sure that you're going to do that. Now,  if you want to be sure of that amount of $25k, just allocate it to Bitcoin
because you can tell if you'll really get a profit there; that's for sure x3 of your capital, and I don't know how much more it will raise apart from x3.


Title: Re: Achieving a goal
Post by: GeorgeJohn on March 12, 2024, 08:00:00 PM
Sometimes it's not all advice for investment that you will take from everyone because advice of people might mislead you whereas your mindset would have been the one that's favourable by you, so therefore I would like to say that investment is base on investigation and research, if you have make a proper inquiry nothing will make you not to understand the concepts of investment, so invest in any coin you feel that have potential or you take a risk and invest in a coin people doesn't value and if you have a luck the coin may be productive for you, and if it happens you will be at safer side.

   What you are saying is correct; it is not because someone has given advice on this forum platform that we will immediately believe it. Of course, we must first learn to analyze the opinions of the various communities here. Then, when you have seen and balanced the advice that was given to you, you will now decide which one of those you think will benefit and help you.

   That's the simple thing I do, and I often even combine the opinion of others with another opinion of mine because it's really good and useful.
It's obvious that I did not condemn the fact of extracting idea from other forum members, but what I lamented is that we should know the kind of advice we shall take from other people, because its clear that everyone who tender an opinion or suggestion in the forum or this community has practicalize it, I doubt that many of them has test run whatever they present here first..that should not make us to reject some ideas that will profit you in future...before you conclude on suggestion that has to do with trading and investment you have to make a research concerning it first.
Sometimes it's not all advice for investment that you will take from everyone because advice of people might mislead you whereas your mindset would have been the one that's favourable by you, so therefore I would like to say that investment is base on investigation and research, if you have make a proper inquiry nothing will make you not to understand the concepts of investment, so invest in any coin you feel that have potential or you take a risk and invest in a coin people doesn't value and if you have a luck the coin may be productive for you, and if it happens you will be at safer side.
When we decide to invest, it would be better for us to have a good understanding of the investment we are making, because if we listen to other people's advice and that person says it is not based on the knowledge they have, of course we will suffer losses from the investment we make.
It's true what you said, it would be better for us to do our own research first about investment so that we can make the right decision in the investment we make, after we understand well about investment then we can try it. After we try it, of course we will be able to have experience in the field. investment and will be able to get profits from the investments we make.
It is not only better to do our due diligence, it is our only option, anyone that invests in an asset following the advice of someone else is making a mistake from which they may never recover, because even if they were to succeed and make money with that advice, they will forever damage any confidence they may have had on their abilities and will become dependent on the advice of others.

Then for the rest of their trading careers they will look for investment advice, instead of looking at the charts and everything surrounding a project and decide on their own if they want to invest in it.
In normal circumstances whosoever that's venturing into investment have to make a research to know if the investment is suitable for the investor will engage or involve itself into the investment, so from my perspective in cryptocurrency we have to understand the basics aspects of Investment before we embrace it, some people doesn't make research but what have in mind is that will make a profit for any cryptocurrency they ventured into, its obvious that you will achieve your goal when you have already make findings.

You recommended good coins BTC and some altcoins which are the top cryptocurrencies in the market. But if OP want to achieve his/him goal 25k$ to 200k$ of course he/she need to take big risk with another risky coins which are big pumping and dumping. And if he/she want to lees risky investment when so difficult to achieve this goal.
Actually, this goal is not difficult for OP to achieve as long as OP has the patience to do it regularly, because now Bitcoin is at an all-time high which is a big win for people who have bought at low prices before. So every extraordinary achievement is actually not difficult as long as we are able to wait for it after daring to take risks by buying it in the past, and for now it is actually still quite good if you still want to buy Bitcoin with some of the top altcoins on the market because their price movement potential is still hasn't disappeared in a while.
To achieve a goal is not difficult, it's us that think is difficult, anything you planned to achieve make sure you have three different drawing boards and mostly you have to know that is important, trading or investment if you want to be one of the beneficiary of trading or normal investment you have to pay attention and learn all the necessary strategies of the things, so with learning and observation nothing is hard to learn and understand it's measure.


Title: Re: Achieving a goal
Post by: Mahanton on March 12, 2024, 08:47:05 PM
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!
 

Do your research on cryptocurrencies that have low caps in the market, or maybe on meme coins that are on the list of top-listed ones like Pepe, Floki, Shib, Doge, Bonk,
or Leash, or something like that.

It's up to you which one you want, as long as you make sure that you're going to do that. Now,  if you want to be sure of that amount of $25k, just allocate it to Bitcoin
because you can tell if you'll really get a profit there; that's for sure x3 of your capital, and I don't know how much more it will raise apart from x3.
Investing with meme coins which doesnt have some utility is somewhat really that risky but seeing that they are included into those who do sit at the top or higher ranks then we can really tell that this market is really that unpredictable and this is where investors would really be considering on making some investment with these meme just because they do know on how many times or multipliers that they could really be able to get 
whenever they do make out investment with these memes. Some are aware about into its huge risks and some do make out some blind investing and this is why they do really ends up on having those loses.
It is really just that it would really be just that depending on you whether you could be able to bare up with the risks or not. There are ones who are really that risks takers on which investing
into those coins. When it comes on achieving goals then we do really have those specific amounts that we do have in mind and this would really be something that differ into other.


Title: Re: Achieving a goal
Post by: lalabotax on March 12, 2024, 09:28:59 PM
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.
 
Btw, thanks to the advice at first.

So with your initial capital of $25k, you want to make it $200k, right? That means it's about 8 times as much. This may be quite challenging, yes, but it doesn't mean it's impossible.

In my opinion, BTC should still be prioritized. but it might not be that big. but it's okay because since you posted until now, the price of BTC has jumped very significantly. So, you will definitely get quite a lot of profit from BTC alone.

Investing with meme coins which doesnt have some utility is somewhat really that risky but seeing that they are included into those who do sit at the top or higher ranks then we can really tell that this market is really that unpredictable and this is where investors would really be considering on making some investment with these meme just because they do know on how many times or multipliers that they could really be able to get 
whenever they do make out investment with these memes.
Investing in meme coins is sometimes very tempting. You can even multiply your asset value many times. it seems so easy to see so many people successful in meme coins.

but I agree with you. Meme coins might be that interesting. meme coins are really high risk. If we miscalculate or make the slightest mistake, our money could really go up in smoke. This is probably not a wise idea. But, if OP is a high risk holder, yes, he could choose it. but I'd rather avoid this. because my inability to analyze meme coins could actually get me into trouble. ha ha ha


Title: Re: Achieving a goal
Post by: MFahad on March 13, 2024, 01:01:59 AM
$25K in January was invested in Bitcoin, now with the price going up to $73K, how much more would it take to reach $200K over the course of a year?

No one knows that's the point. When investing in Bitcoin or any volatile asset, one should understand that there is no guarantee that they are going to get a certain percentage in returns after a specific period because the price is unstable and unpredictable, it's priced above $70k today, it can be above $100k in the next few months or be below $50k by then because we can't know which direction the market will move in and how people would react to certain events in the future because that is how the market moves.
So even though investments in Bitcoin can garner great profits in the long-run, one needs to understand that it can take any amount of time for that to happen which can be a week, a month, a year, or maybe more sometimes.


Title: Re: Achieving a goal
Post by: retreat on March 13, 2024, 02:41:53 AM
To hit $200k USD by the end of this year with that much capital, it might be quite difficult, because your investment needs to increase several times in the period of time with only 9 months remaining. Maybe Bitcoin is an interesting asset for you, because it has the potential to rise more significantly this year after the halving. However, with your money of only $25$k USD to reach 200k by investing in Bitcoin might sound a little unreasonable. I know you want to recover your losses, but you also need to restrain your greed and be patient with your investments - remember that $200k is a lot of money and with only that much capital apart from hitting the jackpot, you won't be able to achieve that.


Title: Re: Achieving a goal
Post by: yudi09 on March 13, 2024, 03:04:59 PM
-snip-
No one knows that's the point. When investing in Bitcoin or any volatile asset, one should understand that there is no guarantee that they are going to get a certain percentage in returns after a specific period because the price is unstable and unpredictable, it's priced above $70k today, ...-snip-
Guarantee or certainty does not know, but with price volatility there is its own pleasure and for me about price volatility that is the pleasure if the investment is carried out in the long run.
Gold investment volatility may be low, but in expecting price returns are very slow. Bitcoin with high price volatility, although it cannot guarantee, has proven to be faster and greater than gold investment or other stable investment.


Title: Re: Achieving a goal
Post by: Ayers on March 14, 2024, 10:43:56 AM
OP's goal is to increase his initial capital 10 times. If we invest in bitcoin at this time, it is impossible to realize that dream, but if we accept the risk and try investing in atlcoin, this is not too difficult, IMO. But it's difficult to give investment advice to anyone because everyone's risk tolerance is different, so giving advice is not easy.

If this money were mine and my goals were the same as the OP, I would invest most of it in altcoins instead of bitcoin. Of course the risk is very high, but during the bull season, altcoins will bring much better profits than bitcoin.

@OP, this is not financial advice I'm giving you, you should make your own decisions, I'm just speaking my mind.

If I am not wrong he also stated that this $25K is important and can't afford to lose it even if his portfolio value is 150K that is why 80% of capital is into safe that is bitcoin and the remaining 20% into altcoin. that 20% can even grow 200% or 1000% if we are lucky but it's hard to predict the coins no matter what.

Do you remember the maxim we often advise each other? "Only invest what we are willing to lose." If it is a very important amount and will affect OP's life, he should not invest even if it is bitcoin or any other asset. Bitcoin is considered the safest on the market but that does not mean it is absolutely safe and risk-free. Not to mention, if the market does not increase prices and the bear season accidentally comes and lasts for many years. What would he do if that money was very important and necessary for him?

In this case, I advise him to leave the market and not invest. When he has money, he can afford to lose it, go back to investing.


Title: Re: Achieving a goal
Post by: Zanab247 on March 16, 2024, 07:09:35 PM
If you invest that money to BTC or Ethereum and trade them during the bull run, it will give you good profits that will make you not to lost the capital than to add profits to you that will allow you to buy coins and trade again when the bull run flow in the market.

 If you want to achieve your goal in your crypto trading, just ensure you have the tactics you use to trade your coins to make what you have never earn before in your crypto trading, which is the dream of every traders to achieve in their trading.


Title: Re: Achieving a goal
Post by: AnonBitCoiner on March 17, 2024, 07:17:06 AM
If you want to earn money then don't think about trading and invest this sum in bitcoin so at the end of the year you will have earn large amount. You have learned about emotions and have the ability to be patience then there is nothing difficult for you to continue investment until your targeted value.

In case of bitcoin you will not loss money if you carry this investment upto appropriate timing. 25k$ is not a small amount so I think you should take every step with great care because if you Loss this sum you will hardly recover this back and one more thing is that if you want to invest in bitcoin then don't wait more as it is the time for investment otherwise price will go more higher during halving.


Title: Re: Achieving a goal
Post by: Dailyscript on March 17, 2024, 09:53:03 AM
It seems you think trading can help you achieve that goal. Well there is possibilty but i dont think the time frame you gave is not enough to achieve it. Maybe you should decrease the goal to 50k then i can tell you what can be possible.

If you are into trading just know that there will be losing and winning but if you want to avoid this, ill advise you to invest your money in btc. Them wait till the end of the year. So much will happen by then and you will be a beneficial.


Title: Re: Achieving a goal
Post by: TheUltraElite on April 02, 2024, 02:57:59 PM
It seems you think trading can help you achieve that goal. Well there is possibilty but i dont think the time frame you gave is not enough to achieve it. Maybe you should decrease the goal to 50k then i can tell you what can be possible.
People should adopt a flexible time-frame instead of a fixed one. This also shows that people like the OP may actually be under debt having taken a loan to trade and is now trying to double the money. That itself is a big stress factor that can lead to the entire endeavor going south.

Quote
If you are into trading just know that there will be losing and winning but if you want to avoid this, ill advise you to invest your money in btc. Them wait till the end of the year. So much will happen by then and you will be a beneficial.
Indeed buying bitcoin at the low price and then holding on to that till it crosses all time high is a good option. But for this to be executed, you cant determine and fix a time frame, you have to flexible. Right now BTC is crashing after a bull run, you have to wait when to you, if you dont give yourself that time, you will not make money from trading but only end up paying some loan sharks.


Title: Re: Achieving a goal
Post by: freedomgo on April 02, 2024, 11:38:16 PM
-snip-
No one knows that's the point. When investing in Bitcoin or any volatile asset, one should understand that there is no guarantee that they are going to get a certain percentage in returns after a specific period because the price is unstable and unpredictable, it's priced above $70k today, ...-snip-
Guarantee or certainty does not know, but with price volatility there is its own pleasure and for me about price volatility that is the pleasure if the investment is carried out in the long run.
Gold investment volatility may be low, but in expecting price returns are very slow. Bitcoin with high price volatility, although it cannot guarantee, has proven to be faster and greater than gold investment or other stable investment.
Volatility is what brings thrill and excitement to every trader. However, no one can exactly tell if your goal price will be achievable within this year as I find it hard really to achieve such high price. But still patience is they key. Who knows if bitcoin price will suddenly jump again twice than the current capital, then it will be easier to reach $200k already at the end of the year. Just hold tight on your coins particularly if market correction sudden occurs.


Title: Re: Achieving a goal
Post by: Natsuu on April 04, 2024, 05:57:44 PM
If you invest that money to BTC or Ethereum and trade them during the bull run, it will give you good profits that will make you not to lost the capital than to add profits to you that will allow you to buy coins and trade again when the bull run flow in the market.

 If you want to achieve your goal in your crypto trading, just ensure you have the tactics you use to trade your coins to make what you have never earn before in your crypto trading, which is the dream of every traders to achieve in their trading.

Yet if OP prefer greater gains, he may consider finding low cap coins, (prevent meme coins if conservative). Those who were not listed yet on own exchanges or at least not at the top 100 coins in marketcap. Those will have have a larger flip and percentage gain. However selecting the right coin and timing it very carefully for entry and exit is crucial. Even within great deal of research, always still accept the fact that you may have missed something or you are basically wrong. That way you can easily move one and jump on the next opportunity that would show up.


Title: Re: Achieving a goal
Post by: Fatunad on April 04, 2024, 07:08:02 PM
If you invest that money to BTC or Ethereum and trade them during the bull run, it will give you good profits that will make you not to lost the capital than to add profits to you that will allow you to buy coins and trade again when the bull run flow in the market.

 If you want to achieve your goal in your crypto trading, just ensure you have the tactics you use to trade your coins to make what you have never earn before in your crypto trading, which is the dream of every traders to achieve in their trading.

Yet if OP prefer greater gains, he may consider finding low cap coins, (prevent meme coins if conservative). Those who were not listed yet on own exchanges or at least not at the top 100 coins in marketcap. Those will have have a larger flip and percentage gain. However selecting the right coin and timing it very carefully for entry and exit is crucial. Even within great deal of research, always still accept the fact that you may have missed something or you are basically wrong. That way you can easily move one and jump on the next opportunity that would show up.
It would really be just that a matter of risk tolerance because not all would really be having that kind of appetite when dealing up with risks and rather they would really be sticking into those less risky rather than on trying out to get dealing with those higher risks but we do know that the higher the risk the higher the the probability that you could really be able to make some huge profits if you had hit up the right spot. It would really be just that totally be depending on you whether you would really be embracing out such risks or you would really be having that kind of approach on things on which you would really be having that kind of goal or target.
Some cant really be able to handle out the risks in involving into meme coins and this is why they would really be sticking into those established coins in the market which it isnt that a bad choice.

There would really be those individuals who are really that loving on taking up more risks because they do know that opportunity that they could possibly be able to face on.
Each person does have their own approach on things so it would really vary from time to time.


Title: Re: Achieving a goal
Post by: Wakate on April 07, 2024, 07:35:15 PM
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!
 
Did you learn how to trade before you enter trading? Their are things you need to learn before ever thinking of trading. There are people that are making good profits from trading and also on few that do not know how to trade are also losing Money. If you want to invest in the crypto market, you need to learn how to or invest in cryptocurrency. There are so many coins one can buy and hold for the bull in order to benefit from the crypto market. I know Bitcoin might not hit 2x I'm this bull but the price might go far for users to make crazy profits from the market. Buying good tokens can be very rewarding for users so we'll have to be prepared for what is about to happen in the crypto market soon.


Title: Re: Achieving a goal
Post by: Dewi Aries on April 07, 2024, 08:34:26 PM
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!
 
Did you learn how to trade before you enter trading? Their are things you need to learn before ever thinking of trading. There are people that are making good profits from trading and also on few that do not know how to trade are also losing Money. If you want to invest in the crypto market, you need to learn how to or invest in cryptocurrency. There are so many coins one can buy and hold for the bull in order to benefit from the crypto market. I know Bitcoin might not hit 2x I'm this bull but the price might go far for users to make crazy profits from the market. Buying good tokens can be very rewarding for users so we'll have to be prepared for what is about to happen in the crypto market soon.

Well right this is the main point that must first be considered and thought about, I understand that the goal of all of us involved in the world of trading is to make a profit, but it is foolish if you come without knowing how to trade properly and appropriately, because profits will only be able to get when you have the skills and knowledge, meaning that having even a large amount of capital is not enough, you need to have other things, namely how to trade and also good risk management.

Because as you said that there are some traders who are indeed able to earn but there are also some traders who end up with a lot of losses and they are traders who are too focused or expect profits while on the other hand their goals are not accompanied by skills and knowledge so that obviously losses will become more certain and dominate. So the point is that having capital alone is not enough, or having large capital but not having qualified skills and knowledge is the same as you throwing money away, but it will be a different story if you are able to be patient to first learn everything.


Title: Re: Achieving a goal
Post by: Mahanton on April 07, 2024, 08:59:36 PM

Investing with meme coins which doesnt have some utility is somewhat really that risky but seeing that they are included into those who do sit at the top or higher ranks then we can really tell that this market is really that unpredictable and this is where investors would really be considering on making some investment with these meme just because they do know on how many times or multipliers that they could really be able to get  
whenever they do make out investment with these memes.
Investing in meme coins is sometimes very tempting. You can even multiply your asset value many times. it seems so easy to see so many people successful in meme coins.

but I agree with you. Meme coins might be that interesting. meme coins are really high risk. If we miscalculate or make the slightest mistake, our money could really go up in smoke. This is probably not a wise idea. But, if OP is a high risk holder, yes, he could choose it. but I'd rather avoid this. because my inability to analyze meme coins could actually get me into trouble. ha ha ha

One of the main reason on why meme market or simply to those tokens that launched on dex and making that huge volume because of this kind of interest when it comes to the opportunity that it gives on which it could really be able to cause up that multiple folds of your investment. Although the risks is really that high because investing on meme coins or even into those new altcoins that we do have in the market that usually be
launched on decentralized platform into their earliest times is something that you cant really be able to assure that you are on the right project or not.

You cant really be able to check out their roadmaps into these particular times or even trying to know the team behind whether you are dealing with a scam dev or a legit one.
It is really just that there are really people who are really loving on taking up such risks and making out decisions that they would really be tending to dive in.
Back on op, if he had done out on investing on the time that he had post this one, then he is already in profits now.  :)


Title: Re: Achieving a goal
Post by: Natsuu on April 08, 2024, 01:30:10 PM

Investing with meme coins which doesnt have some utility is somewhat really that risky but seeing that they are included into those who do sit at the top or higher ranks then we can really tell that this market is really that unpredictable and this is where investors would really be considering on making some investment with these meme just because they do know on how many times or multipliers that they could really be able to get  
whenever they do make out investment with these memes.
Investing in meme coins is sometimes very tempting. You can even multiply your asset value many times. it seems so easy to see so many people successful in meme coins.

but I agree with you. Meme coins might be that interesting. meme coins are really high risk. If we miscalculate or make the slightest mistake, our money could really go up in smoke. This is probably not a wise idea. But, if OP is a high risk holder, yes, he could choose it. but I'd rather avoid this. because my inability to analyze meme coins could actually get me into trouble. ha ha ha

One of the main reason on why meme market or simply to those tokens that launched on dex and making that huge volume because of this kind of interest when it comes to the opportunity that it gives on which it could really be able to cause up that multiple folds of your investment.

I agree on this. Speaking of meme coins, it's not all about the purpose or the founders or the roadmaps.

It's more of like how much interest is built upon the projects. Who are the well known persons are involved and supporting the coin. When people knew that. Volume will flock in the price will go up. Imagine if Tate, Musk, Bezoz, or any known personality or rich billionare announce that they would be supporting a coin. Then sure enough the price would rally higher in a way that it gets attention. That's one thing. Another is which large cap coin does the coin circulates. Most meme coins that are rallying right now are booming under Solana ecosystem.


Title: Re: Achieving a goal
Post by: adpinbr on April 08, 2024, 07:07:47 PM
Rushing into trading when you are not fully prepared or knowing the exact Trading you want to go into is very very dangerous because I may not really advise you to a particular trading platform that you can raise your funds or increase your profits it’s not really easy but I will advise you to take your time make research on your own and don’t rush so that you won’t make any mistake or resulting to loss in trading, taking precaution, and the right step to take, one of the most important thing to me so that you will not lose your capital and end up regretting


Title: Re: Achieving a goal
Post by: lixer on April 09, 2024, 05:11:52 AM
It seems you think trading can help you achieve that goal. Well there is possibilty but i dont think the time frame you gave is not enough to achieve it. Maybe you should decrease the goal to 50k then i can tell you what can be possible.

If you are into trading just know that there will be losing and winning but if you want to avoid this, ill advise you to invest your money in btc. Them wait till the end of the year. So much will happen by then and you will be a beneficial.
He has $25k that he wants to turn into $200k, it would require 8x for his initial investment to hit that target and based on the price of Bitcoin right now which is around $70k, it would need to go above $550k for him to achieve his target if he invests all his capital in Bitcoin.

I believe only a high-risk, high-reward cryptocurrency can make that happen but then again, there will always be a possibility of him losing his money because we know how those high-risk investments work. Let's take meme coins as an example, they do have the potential to provide such profits sometimes, but most of the times, an investor can also lose their investment because if the meme coins they invest in fails to perform, there are no returns at all.


Title: Re: Achieving a goal
Post by: Strongkored on April 09, 2024, 06:16:03 AM
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!
 
Do Your Own Research is the best suggestion because it will make you learn about cryptocurrency directly so that you can finally have the right knowledge because it comes from studying it yourself, and also with the right knowledge about crypto you can investigate every suggestion from the members so that do not blindly follow it but take decisions based on your own knowledge.

However, if you really want advice then Bitcoin is the safest in my opinion, but maybe the target of 8x from the capital will not be achieved according to the time you set, but you should be more flexible because instead of having to increase the risk by choosing altcoins so that the targeted profit matches the amount and the time then getting profits is much longer, in my opinion it is much better.


Title: Re: Achieving a goal
Post by: shinratensei_ on April 09, 2024, 06:56:53 AM
like as you said trading isn't really a thing for everyone, at least from what I know only people that are truly committed are the one that succeed in trading, you actually can just keep up with investment since you are already scoring some great portfolio up there anyway, it seems like you really don't need to take different path if you're already doing good since it doesn't make sense to abandon gold mine.

regardless i personally also have abandoned trading around bullish like this, it just doesn't make sense to trade when you can just hold a coin and then make profit out of it in layman term, trading can only give you less profit than investing at least tahts from my experience.

if i were you i will just stay with investment on the likes of BTC, SOL, and ETH, the perk with having big capital is that we can be investing in these three coin despite their market cap already high we can still got good profit while mantaining risk to be tolerable enough. with lower capital, the increase won't be impactful.


Title: Re: Achieving a goal
Post by: Litzki1990 on April 09, 2024, 11:23:28 AM
You want to start your investment with $25 and at the end of this year you want to convert this $25 to $200. If you are trading in short term plan and low profit then you need to have enough assets and select enough coins for your trading that have enough volatility in the market. Trading in coins with considerable volatility in the market will increase your chances of profit. Trading with $25 you will always be satisfied with a profit of one to two dollars and when $25 goes from $26 to $27 you will sell your coins and wait to take a second trade. Thus, if you spend time behind the market and take advantage of trading opportunities, you can convert your money to $200 in the next six months.


Title: Re: Achieving a goal
Post by: Zanab247 on April 15, 2024, 06:08:50 PM
Using that amount of money to buy BTC at this season, it will not increase your BTC like when you wait for the bear run to come before you can buy with your small money and wait for the bull to come before you can trade to use that $25k to win $200k in the future.

 I have seen many traders who started trading with little capital, when the price of BTC was at $10k because they have the knowledge and they are doing well in their long term trading to continue achieving their goal.

 If you want to achieve your goal in your trading, make such you struggle to buy BTC when professional traders are buying from the market and look for electrum wallet to hodl the BTC like 7 or 8 years, and you will surely achieve your goal.


Title: Re: Achieving a goal
Post by: Natsuu on April 17, 2024, 11:21:21 AM
If you want to achieve your goal in your trading, make such you struggle to buy BTC when professional traders are buying from the market and look for electrum wallet to hodl the BTC like 7 or 8 years, and you will surely achieve your goal.
And you can see the time horizon in here to be 7-8 years. Most of new traders or investors now are really into quick multiplication of money. Those unrealistic expectations will only give you unnecessary stress in your trading. Once that strike you, FOME and greediness will strike in and instead of taking out your small profits and compound it overtime since you are afraid you may end up with negative PnL.


Title: Re: Achieving a goal
Post by: bettercrypto on April 17, 2024, 01:40:53 PM
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 really want to earn 200k with a capital of 25k, you have to take a risk in the crypto you choose to invest in. It can't be without risk, really. You just have to be wise with the coin you choose to buy. Know well or research how legitimate it is to be sure to multiply what you want to happen to your capital.

Prioritize the top altcoins, and there are big investors who support the coins you will buy, like Solana, Binance, and others. Because it is difficult for me to recommend them to you,
I just gave an example. Good luck to you.


Title: Re: Achieving a goal
Post by: Sorryfor on April 17, 2024, 03:23:10 PM
Your plan to make big profits in a short period of time with the amount of money you currently have seems a bit too risky to me. You can start trading with the amount of money you can lose in the beginning of trading and in this way gradually if your profit increases then you will get motivation and your motivation for future trades will work and you will be a successful trader at the end of the day. You can but if you aim for a specific time frame and move a little too much to achieve a specific profit, you may end up losing as opposed to making a profit. So learn about this before trading and gradually keep working to increase your experience.


Title: Re: Achieving a goal
Post by: Dailyscript on April 17, 2024, 05:41:36 PM
Your plan to make big profits in a short period of time with the amount of money you currently have seems a bit too risky to me. You can start trading with the amount of money you can lose in the beginning of trading and in this way gradually if your profit increases then you will get motivation and your motivation for future trades will work and you will be a successful trader at the end of the day. You can but if you aim for a specific time frame and move a little too much to achieve a specific profit, you may end up losing as opposed to making a profit. So learn about this before trading and gradually keep working to increase your experience.
This is one of the mistake new traders start facing when they venture into trading. Trading is a quick way to make more money but it is also a quick to lose money as well. Op in question lacks patience and modern way of trading requires patience to time the market. Its not all about putting money and watching it grow with a well structured pattern for trading it. There are various trading strategy and i think that is what OP needs to go and learn by making research on which of the trading strategy will favor his kind of personality. He might be an aggressive trader but there are disadvantages to an aggressive trader. If they do not learn how to control their emotions such people end up losing more than they profit from trading.


Title: Re: Achieving a goal
Post by: Mahanton on April 17, 2024, 05:53:33 PM
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!
 
Here are some common lines that we do really know;

1. Regret comes at the end
2. Learning comes from real experience
3. Self realizations after a disaster or unfortunate condition

You would really be definitely be able to make yourself learn on the time that you would really be able to make out those kind of realizations that came out from your own mistake.
We do have our own goals in life but on the time that we do sees out that we do become that unrealistic then we would be making out those kind of learnings that it cant be possible
or something achievable. This is where we would really be making out those kind of adjustments after that.

It would really be that normal that there would really be those errors on which its a common thing but making out some adjustments and sensible actions towards
it then this is something that will really be totally depending on a certain individual.


Title: Re: Achieving a goal
Post by: $weetne$$ on April 17, 2024, 06:40:15 PM
You want to start your investment with $25 and at the end of this year you want to convert this $25 to $200. If you are trading in short term plan and low profit then you need to have enough assets and select enough coins for your trading that have enough volatility in the market. Trading in coins with considerable volatility in the market will increase your chances of profit. Trading with $25 you will always be satisfied with a profit of one to two dollars and when $25 goes from $26 to $27 you will sell your coins and wait to take a second trade. Thus, if you spend time behind the market and take advantage of trading opportunities, you can convert your money to $200 in the next six months.

It will take a very long time for any body to turn $25 into $200 in spite of trading everyday. If you are trading everyday you might make a mistake in one of your trade that will make you to lose some percentage of the profits that you made already and it will make you to have to start all over. It is not always good to start trading with low amount. A minimum of $100 is the recommendations I got when I started trading newly. Majority of new traders will lose their first trading capital therefore it will be very hard to finish the year still being in profits. You can decide to buy a new coin and hold for a long time until you get your $200 profits then you can use the profits you made as a capital to start trading for you to make more profits but just using $25 will make it very difficult for you and you might quit before achieving your goals.