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Author Topic: Achieving a goal  (Read 889 times)
pablocokeninja (OP)
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January 02, 2024, 01:14:50 AM
 #1

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!
 
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January 02, 2024, 01:49:03 AM
 #2

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.

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tbct_mt2
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January 02, 2024, 01:53:04 AM
 #3

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.
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January 02, 2024, 02:44:18 AM
 #4

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.

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January 02, 2024, 08:08:35 AM
 #5

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.

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January 02, 2024, 08:27:18 AM
 #6

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.

R


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January 02, 2024, 09:31:32 AM
 #7

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.









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January 02, 2024, 09:44:57 AM
 #8

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.

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January 02, 2024, 10:41:58 AM
 #9

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.

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January 02, 2024, 11:01:52 AM
 #10

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.

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January 02, 2024, 11:42:34 AM
 #11

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, 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.

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January 02, 2024, 02:14:09 PM
 #12

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.

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January 02, 2024, 02:20:44 PM
 #13

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.

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January 02, 2024, 02:51:43 PM
 #14

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.

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January 02, 2024, 03:12:40 PM
 #15

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.

R


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January 02, 2024, 04:15:45 PM
 #16

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.

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January 03, 2024, 10:31:35 PM
 #17

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.

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January 03, 2024, 10:57:56 PM
 #18

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.

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January 03, 2024, 11:56:29 PM
 #19

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.

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January 04, 2024, 02:50:08 AM
 #20

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.

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