π§΅ A THREAD ON HOW I WOULD TURN 1k - 100k WITHOUT LEVERAGE π§΅
1/ First up, never invest more than you can afford to lose - cliche af but trust me it's true
2/ At 1k port you can't really afford gas on eth so i'd focus on an alternative eco systems and immerse yourself in them, like $AVAX or $FTM
3/ Given your port isn't huge you don't want to be going full degen yet, so focus on micro caps within your ecosystem of choice sub 20m mc and do your DD to ensure team are safu and look out for upcoming bullish catalysts that could have a positive impact on the price
4/ depending on your level of conviction in these plays i'd be looking at quick returns of up to 50%, this is not a hard and fast rule and obviously depends on many factors so use your own judgement too
5/ finding these plays can be hard, so find yourself a group of like minded degens that are also grinding within your particular eco such as @AvaxGems or @blocmatesdotcom discord there is a blocapes section
6/ Hopefully these groups will help you learn and bring your attention to opportunities you may have otherwise missed, given the size and speed of the space this is important imo
7/ I would stick with the above method until your port is high 4 figs, once you're approaching the 10k port milestone you can start to play on eth, as the upside on your initial investment outweighs the gas fees if you play your cards right
8/ This will be a new eco for you to learn so make new frens, check out the below:
@cryptoskullx - t.me
@ChadCaff - t.me
@EricCryptoman - t.me
@JammaPelson1 - t.me
@chirocrypto - t.me
@cryptoskullx - t.me
@ChadCaff - t.me
@EricCryptoman - t.me
@JammaPelson1 - t.me
@chirocrypto - t.me
t.me/jammas100xcalls
t.me/SKULLS100XCHAT
t.me/chiroscalls
Chiroβs Calls
Apes π¦ Alpha π₯ TA ππ Sentiment ππ» LT holds β Research π§ NOTHING is financial advice π¨
t.me/Chad_Crypto
Chad Crypto
@ChadCaff twitter.com/ChadCaff
t.me/erics_calls
Eric Cryptomans Journal
A channel of some of my meme coin plays, long-term investments & leverage trades. Nothing in this ch...
9/ Here, u will find like minded degens on the hunt for low cap eth gems, sub 10m mc, the same rules apply as the above eco systems, DYOR and find a suitable DD criteria that works for you - your conviction can dictate how long you hodl, but whilst your port is low look for 2-3x
10/ this 2-3x ROI u must bare in mind any tax, slippage and gas on your purchase and sale, perhaps a trade journal in excel could be useful for some of you to track this
11/ coming back to DD, learn how to use etherscan, from etherscan you can find out the source of funds, the contract creators wallet, the holders and their other bags, the distribution of the coin, the socials are often linked in the contract too, if liq is locked etc
12/ This is by no means easy but if you can find a system that works for you, apeing shitcoins on eth can be very lucrative and unlike returns seen in many other areas of crypto - on the flip side u can easily get rekt if ur over exposed or ape into a rug/honey so plz be careful
13/ once u build ur stack up 2 around 30k, & ur knowledge of the eco has increased I would start 2 focus a signif portion of ur port towards defi & look for plays with a strong narrative & roadmap, the below are as good as any to follow:
@B49Jme
@blocmatesdotcom
@ZoomerOracle
@B49Jme
@blocmatesdotcom
@ZoomerOracle
14/ I would still keep around 20% of your port in micro caps on eth if you have found a system that works, this reduces the volatility hopefully on your whole port but still exposes you to the potential upside they can offer
15/ This method takes some fine tuning but it can be done - trust me! I personally stack eth and I don't worry too much about short term volatility but if you can't handle the swings then maybe allocate a portion of your port to stables so that you can buy any potential dips
16/ My next thread will be about how to find micro caps that have just lunched... Love shitc0in x
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