$⁉️How to make a lot of money in crypto when you have a small deposit?
I continue to talk about investing in altcoins. A common question is what to do when you have a small capital. Should you swing it on futures or invest in tokens?
In my opinion, it's better to invest small capital in a token rather than trying to trade futures. With a small deposit in futures, you're likely to use high leverage, not follow risk management, plus a lack of experience = you'll lose all your money.
It's better to choose one or several promising coins. Study it properly, understand the growth triggers, set targets and buy it on the spot and just hold it, enjoying the profit. And at the same time study crypto and trading, gain experience while your investment brings passive income.
✅ How to choose a coin that will give many Xs (10000% pump)? 1. it should not be old heavy coins like ETH, LTC, BNB, which have a large capitalisation and have been on the market for a long time. Their maximum to give a couple of Xs. You will not earn a lot on them. 2. Choose projects with small capitalisation. They grow and pump easier. 3. Choose new little-known projects that are at the ICO / early sale stage / presale.
☝️Ideally, when the token combines both 2 and 3 points. That is, it is at the stage of preresale (early sale of coins to a limited number of people), is little known (no listings on major exchanges) and has a small capitalization. At the same time, the token is promising and has a strong team/project behind it, which intends to promote it.
Following these parameters increases the likelihood that the coin will grow hundreds of times. Where and how to find such a project? We'll talk about this in future posts.
follow me if you want to continue topic about altcoin💥💥
I want to know how many of you are trading while being in a relationship/married. And if it's affecting you positively or negatively🤔
Bcos this is an important aspect that directly affects our success in trading and investing in the market.
What's important in our work? Emotions. They depend on many things, largely on your romantic partner.
If the relationship is harmonious and full of love, then success in work is sure to follow. But if not...
🧠 Imagine: new day begins, but right from the morning, your wife/girlfriend creates a conflict over some triviality. What happens? You'll become angry or depressed. Each of these states can disastrously affect your trading.
Anger leads to excessive risks, depression leads to fear of entering a position and missing good trades.
‼️In both cases, there will be losses. Your wife/girlfriend, seeing this, will start another scandal = new negative = unable to trade. And so on in a circle from day to day. Imagine what will happen to your life?
Unpleasant? Yes, but it's true and a common problem. If your partner doesn't support you in your venture, dreams and goals, it's probably best to break up, as painful as it may be.
☝️Relationships can be an anchor or wings. And it's up to you to choose what they will be.
Work and success require sacrifices. And sometimes it's not just money, time, nerves. Sometimes, they are close people with whom you have to cut ties because they hinder you... But the good news is that by achieving success, earning money, and raising your social status, you gain access to new social circles. With more interesting people, with whom you can form friendships / romantic relationships.
When I started years ago, I had to break up with my girlfriend and some friends. It was hard, it was lonely... but I got through it. .
I also later met the woman who became the love of my life and we are really moving on.. And I met her thanks to getting into trading, which turned my life around.
🧠 The problem every investor and trader faces is FOMO — the fear of missing out. It's this fear that often leads to rash decisions and mistakes. Read to the end and decide if you have FOMO because the market is growing and you haven't bought altcoins.
Sadly, most market participants didn't enter positions or buy coins at the lows at the end of '22. It was too scary. They didn’t do it at the end of '23 or in January '24 either, when the market offered good entry points for many projects.
📩 If you are among this majority, I don't blame you, but I want to convey an important thought and help: we are still bullish. It is not too late to invest in tokens and buy coins on spot.
Everything is just beginning. Accept that as a fact. All the major metrics say that at this point, even with the BTC price of $70,000 — we are still in the early stages of bullishness.
Halving hasn't happened yet. Altcoin season hasn't started. BTC dominance hasn't dropped. Don't experience FOMO, it's pointless; instead, muster the resolve to take small risks and invest in promising coins that could yield a 5-10x return by the end of the year, maybe even 100x, depending on your choice.
🔎 Don't know how to choose a token to invest in that will yield hundreds of X's? If you want, I can make a series of posts about investing in altcoins and choosing the right coin.
💥💥5 coins under 10cent that has potential to hit one dollar in this bull run...💥💥
Identifying coins with potential for such a dramatic increase requires careful research and consideration. However, five coins that have shown promise and growth potential in recent times are:
1. **Chainlink (LINK)**: A decentralized oracle network that enables smart contracts on Ethereum to securely connect to external data sources.
2. **Polygon (MATIC)**: Formerly known as Matic Network, Polygon is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks.
3. **VeChain (VET)**: A blockchain platform designed to enhance supply chain management and business processes.
4. **Decentraland (MANA)**: A virtual reality platform powered by the Ethereum blockchain where users can create, experience, and monetize content and applications.
5. **Basic Attention Token (BAT)**: A utility token designed to improve digital advertising efficiency by creating a new unit of exchange between publishers, advertisers, and users on the Brave browser.
Remember, investing in cryptocurrency carries risks, and it's essential to conduct thorough research and consider factors like the project's technology, team, community, and market trends before making any investment decisions.