Hi, I have a high risk profile. I think I can invest 100,000 US dollars over the next month. This is 75% of my savings, from my entire life. It's a one-shot deal. I accept that I could lose all my money and have no savings. I am early middle-age.
I'd like a 10x return at least. I do not believe I am an idiot, nor do I believe anyone can always pick winners.
20x would be even more awesome.
I am interested in about a year time horizon starting the clock from April 10, 2021.
1. How would you invest my 100,000 and over what time horizon? I'm thinking for alt-coins you have to get in near the ICO or within the first month to realize a 10x.
2. How many alt-coins would you suggest I focus on? For example, 10,000 each on 10 alt-coins? or 5000 each on 20 alt-coins? Or 1000 each on 100 alt-coins?
3. Names of specific alt-coins where it's not too late to realize 10x gains if you are new to the market in April 2021? I see some YouTube videos and charts, and it seems I am 3-4 months late to the game. Had I just invested in January 2021 in those projects that I like, I would easily have had a 3-5x already.
4. Stepping back, am I too late already to the alt-coin market? Should I just do bitcoin which I view as low-risk?
thank you!
It really depends on your risk level and the timing of the market. Right now I wouldn't advise people to invest in large caps because they already increased in value significantly. I am buying UTNP, 0xMR, and YETI DeFi index token.