How to build your portfolio with small amount
since we are in the bear market its the best time to build your portfolio with small amount.
Many projects are 70-80% down. they Will go up when the bull market start. your task is to choose a project that u believe in( there are few criteria of good projects) & start investing in a small amount, lets say 5$-10$ daily if you could. Do not chase small pumps think about long term gains.
Remember: its best to avoid previous cycle gems as many of them will not reach their ATH.
Criteria of a good projects
1. Look at their mission statement that mentioned in the project website/ socials.Lets say the project start at the beginning of 2023. Now your task is to match where they actual deliver their promised product/ service in the due time.
2.How innovative and adaptive the project is.
3. Is there any real lift utility.
4. How is the availability of project devs in a unwanted situations ( like exploitation).
5.How the project celebrates success.