I'm going to be honest with you guys. I done made it.
I pretty much achieved all my financial goals over the last year.
I got a nice portfolio, very little debt, and a secure future,
but it hasn't always been like that for me. When I decided to go full time in crypto,
there were years where there was seemingly no return on my investment here on the channel.
Point being, I know it's hard out there for a pimp, especially if you're just getting started.
Today, I'm going to walk a mile in your shoes as we trade sneakers, well, in your case, orange crocs.
You know, odor eaters never killed anybody.
But come with me as I show you how I would start from scratch with a clean crypto portfolio.
If I had $1,000 only to put in crypto,
I'm gonna show you how I would multiply that in the fastest way possible in the coming bull run.
Let's get it.
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Alright, guys. We’ve got a pretty exciting video for you guys today
as we examine how I would get started in crypto knowing what I know now, if I only had $1,000 to invest.
Now, at the end of this video, we're also going to be taking a look at a huge upcoming project
that's having its token generation event very soon.
I want to put it on your radar. It's called AllianceBlock.
And it could be the next next next big thing.
But first, I'm going to be showing you guys exactly how I would start over with a crypto portfolio of exactly $0 and an investment size of $1,000.
I'm going to show you which critical moves I would make that would set up my portfolio to deliver maximum damage in the bull run.
I’m pretty excited about this video because the possibilities are pretty much endless.
We're going to talk about managing the portfolio, which coins I would look at, and winning strategies
that can get us from 1k to 10k, 10k to 100k, and then 100k to the seven figure level.
Because, spoiler alert, if you can get your money to 10X once, then you can do it again.
But this kind of thing does not happen overnight. In fact, this takes years of practice or get at least close to ripe.
The dirty little secret for beginners to learn is that there is an experiential learning curve when it comes to crypto.
At a certain point, you really do begin to feel it, if you will.
You can see the pumps and the dumps ahead of time.
If a coin is in sideways action for a prolonged period of time, you can kind of see why
and what it would take to bust it out of the sideways slammer and back to the promised land of volatility.
And unfortunately, for most of you guys who may be new to crypto, at some point,
you will face some tough lessons like getting hacked or buying into an exit scam.
It's all part of the ropes really.
These dangerous situations that paint the crypto world one notch below the Will Smith movie “Wild Wild West”
are indicators that we are early.
Oh, the hell. I got one of those.
Oh.
So would it be great if nobody ever lost money or got scammed?
Yeah! Of course, that would be fantastic.
But when everyone is feeling extra safe and secure, then the best times to make money will be long behind us.
So relish these times. Be careful and these will one day be known as the good old days.
So, if I had to start on the beginner level with no crypto and just a hope and a dream,
the first thing I would do is figure out how to divvy up my investments.
Do I want a certain portion of my portfolio to be stabilized?
Or do I want to trade a 100% of my portfolio?
After all, I told you guys last week, the huddle's dead, right?
And for me personally, that's the bulk of my strategy.
But the thing is that if I'm just starting out, it is far too risky for me to continually jump in and out of trades.
It might be a case of the law of diminishing returns.
Thanks to the insane prices of gas fees of course.
At the 1k portfolio level, you need to think about these types of decisions. Every transaction is precious.
So the first thing I would establish when setting up the portfolio
would be to keep 75% of the portfolio basically untouchable and stable.
We all believe the price is going up in the crypto markets in general.
Sometimes, making too many short-term trades can lead you to miss out on the longer term gains.
The remaining 25% will keep liquid. This does not mean we're scalping the five-minute chart 24 hours a day,
but it just means when we see good opportunities for profits, we take them.
We methodically think about these types of moves before we make them.
So, let's talk about the 75% of our portfolio that we will keep stable.
I think we should break this up into 5 projects.
First, we're going to take Chainlink. Duh!
It's around $12.39 at the time of this recording. It's down 45% or so from the all-time high just recently.
This is a major correction. I look for LINK to be sitting at big numbers by the end of the year.
Because of the upside of Chainlink, let's put 33% of our stable portfolio there.
That puts us right at about 20 LINK.
Next, we obviously want to get some Ethereum.
Most people I know believe Ethereum could end up being the very biggest winner for the whole bull run.
And as DeFi is exploding, I think you got to go with it here.
Let's go and try to make sure we get at least 0.5 ETH for our portfolio at $187.50 at the time of the recording.
Next, let's spike some VeChain. To me, in the top 30, VeChain has the highest ceiling.
Some people believe that VeChain could hit 100X during the next bull run,
and we want a piece of the supply chain tracking ecosystem.
Let's grab a $100 worth of VeChain to almost 7,500 VET tokens.
Next, we have another game changer, Polkadot.
Polkadot is just starting to get established in the DeFi game, and there are many tokens coming out soon on the Polkadot ecosystem.
But one thing to think about is how much ETH benefits from the DeFi projects that are ERC-20s on Uniswap.
You always have to hold some ETH to make sure you can be Johnny-on-the-spot for a trade.
With Polkaswap out later this year I believe, look for people to also begin holding on to DOT
in order to trade for some of these low cappers out there over the next year.
Now, Polkadot’s already had some good pumps and it could drop,
but I would rather have the maximum upside potential and Dot’s got it.
So let's buy 20 DOT tokens at about five bucks each.
Let's round out our portfolio with Tezos. You just can't go wrong with this one---
big upside, limited downside, so let's grab 45 XTZ tokens.
Now, we'll put us almost right at $750 for our portfolio.
This brings our totals to 20 LINK for $245, 0.5 ETH for $187.50, 7500 VET for $100, 20 DOT tokens for $100, and 45 XTZ tokens for about $115.
The total: $750 out of our $1,000 portfolio. So let's chat about this last 250 bucks--
the last 25% of our portfolio that we're willing to move around.
What you want to look for are big news stories you can take advantage of.
For instance, project A is getting an exchange listing. The listing will be sometime at the beginning of October.
You want to buy that rumor and sell that news. Sell the event.
Once you know the date the project is getting listed on, let's say Binance, dump the fire out of that thing
the day before the listing.
Let's say Justin Sun is announcing a huge partnership on Friday night at 9pm EST via livestream,
you sell on Friday morning.
You want to move before other people have the chance to dump on you.
Hey, it’s the survival of the fittest out here.
Those are just two examples though of how we can do this.
Another strategy is to find projects going against the stream on CoinMarketCap.
Right now, we are in a very red time,
but up until now when there was mostly green, you want to find those projects who have big dumps.
During an overall uptrend, you want to buy in the red and sell in the green.
I sold a project the other day for 15X. That's right. I caught a 15X.
Not a coin we talked about here on the channel.
Now, after I sold the token at 15X, it just kept going.
It went upwards to 25-30X.
I mean, that's great and all, but remember:
A bird in the hand is worth two bushes or something like that.
A bat in the hand is worth two in the belfry.
Point being, take profits when you get them.
It's important at this early stage of the portfolio that we don't rush trades.
If we look around the market and there isn't anything spectacular out there for us,
then stay out of the market that day because you're in a spot with a $1,000 portfolio
where you can't afford losses.
So if you get in something and it drops, you may have to just be patient until it gets at least back to even
so you can get your money back.
I would not suggest using this money either to try and catch Uniswap pumps.
You will most likely get wrecked.
That's for the degenerates who accept the risk on those moves and who have a portfolio nice enough to withstand a few disasters.
You have to be very conservative with a portfolio this size because a couple wrong moves
and you could end up bleeding funds and have even less to work with.
The goal is to get this from 1k to 10k.
If you can 10X your portfolio by making smart decisions, then you can do it again.
And the bigger your portfolio gets, the more leeway you have to play with,
take risks, and find unique opportunities to make money outside of just investing in coins---
staking, yield farming, liquidity pools and more, but the best way you're going to be able to grow your portfolio,
just do whatever BitBoy says.
I want to tell you guys about AllianceBlock.
This is a project I may or may not have thrown a few shekels in.
The ALBT Token Generation Event is taking place this week.
It will be taking place on Tuesday, September 8th.
Shortly thereafter, there will be exchange listings.
They are confirmed, but they can't be announced until after the Token Generation Event.
Now, a little birdie told me, if you want to go join the AllianceBlock Telegram group
and be active around the time of the Token Generation Event,
you may get the opportunity to get some cheap coins if you catch my drift.
allianceblock.io is going to bridge the traditional finance world with the decentralized finance world,
and honestly, this is a project I'm very excited about, and I'm going to be paying great attention to.
I hope you do, too. But now it’s your turn.
What do you think is the quickest way to get a portfolio up to a high level?
Can you do it with only $1,000? How would you do it?
Let me know down below in the comment section.
Don't forget to visit 1btc.BitBoy.Live to enter our CATX Node and full Bitcoin giveaway.
It might just change your life.
I hope you enjoyed this video.
If you did, please make sure to smash the Like button and hit Subscribe to become a member of the BitSquad.
Thank you so much for watching. Have a blessed day.
BitBoy out.