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56847450 No.56847450 [Reply] [Original]

Over the last year I've invested 20k into crypto yet I still feel like it's too little. Will the bag ever be full enough?

>> No.56847566
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56847566

>> No.56847586

>>56847450
>Over the last year I've invested 20k into crypto yet I still feel like it's too little.
Because it is. How are you going to make it with that? Hoping for a 100x? Probably not gonna happen.

>Will the bag ever be full enough?
You can get there eventually as long as you have a reasonable goal and your bag makes it achievable. If you want $1MM, expect BTC to 5x, and have $200k (maybe $250k so there's a buffer), that should feel like enough.

>> No.56847650

>>56847450
I have 150k, my target is 3 millions and I'm basically convinced I won't make it unless I rotate perfectly and luck out.

>> No.56847809
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56847809

>>56847586
I still have 85k in cash.
Are you telling me to risk it all?

>> No.56847934

>>56847809
You seem nooby, so maybe you shouldn't "risk it all". In your shoes I'd probably keep an emergency fund of ~$10k and put the rest into BTC. But I'd also be planning to sell after about a 3x. And I'm confident I wouldn't panic sell after a small dip, nor would I diamond hands my stack to zero in the worst case scenario. IF you know what you're doing, and you're comfortable with the risk, then really the question is why not?

>> No.56847957

>>56847809
>Because it is. How are you going to make it with that? Hoping for a 100x? Probably not gonna happen.
I put in $80k in 2018/19. It's only enough to semi-make it unless you go really high risk.
I threw everything I had at ethereum and peaked at 1.2M pre-tax

if you're hoping to "make it" vs just make a decent home down payment, you may have to deploy more of your capital

>> No.56847968
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56847968

>>56847957
>I put in $80k in 2018/19
during the covid crash, I had to watch it turn to ~$20k in value for a few seconds, but I was going down with the ship or up.

>> No.56848260

>>56847934
>>56847957
I'm open to put in more but I already feel like I missed it. Should I suck it up or is my intuition right? I've been in crypto since late 2020

>> No.56849299 [DELETED] 

>>56847968
That's based. Anyone that makes it, in any coin, has to endure something similar it seems. That's what makes the bear larpers on this board so pathetic and noobish. They they they're going to buy the bottom they're predicting perfectly and then hold it straight up when they should have been accumulating in the 20k range for most of this year.