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3679737 No.3679737 [Reply] [Original]

Combination of inheritance and personal investments, turned my NEET bucks into a nice sum. I haven't touched crypto yet. How do I turn this into Lambo money by the time I'm 30 (currently 26)?

>> No.3679765

kek, $200k is nothing, don't get ahead of yourself

>> No.3679767

>>3679737

Drop 10k into BTC and trade until you've got 2x as many BTC (not 20k).

Once you do that, buy 2x more BTC and double it again via trading.

By that point you should feel comfortable trading crypto enough to know your risk tolerance.

>> No.3679773

>>3679765
>t. fag who doesn't have 200k

>> No.3679781
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3679781

>>3679737
Put all 200k into crypto and start daytrading.

>> No.3679783

>>3679737
i made your entire portfolio worth in crypto in 6 mo. you're doing it wrong.

>> No.3679788

>>3679783
show your blockfolio, faggot

>> No.3679813

>>3679783
>>3679765
K, with your intelligence give me tips on how to get on your elite tier
That is if you aren't faggots. You aren't just faggots... right?

>> No.3679823

>>3679767
When you say "trade" what do you mean? Day trading, swapping between different crypto coins, etc? Obviously not going to double my amount of "BTC" owned by just throwing my money in and sitting on it.

>> No.3680023

>>3679823

I mean... buy alt-coins, ICOs, /biz/ pumps, etc.

If you can't keep yourself from losing $10,000 trading crypto then you can't keep yourself from losing $200,000, either.

By entering with a smaller amount of capital and paying tuition (i.e. making terrible trades, losing money, etc) until you figure things out you can reduce your overall risk level while still learning fundamental trading lessons.

I've been doing this for a while and it's pretty much all market psychology with a dash of fundamentals and technical analysis mixed in.

Crypto isn't a rational market and people will act against their own self interest out of fear, though, so the lessons I learned in traditional markets didn't directly translate.

>> No.3680070

>>3680023
Thanks, planned pretty much exactly (couple days ago put in an order for 10k in crypto. 25:50:25 btc, eth, ltc. Take it you would recommend just pumping it all in btc and do the alt thing?)

Any good sources for learning the ropes, or is it just kinda an acquired thing?