❤️❤️ Capital allocation 70 - 10 - 20

With a capital of 20,000 USDT, I divide it as follows:

🎄70% of capital ($14K): Hold 2-3 top coins like BTC, BNB, ETH, SOL ...

🎄10% of capital ($2K): Split further into 2 parts:

Futures ($500): I do not particularly encourage this part.

IDO deals, lottery, pool…($1.5K): I spread these out quite a bit, averaging $100/deal.

🎄20% of capital ($4K): The portion to DCA as I did during the recent market crash. We will DCA further at better entry points - this part is quite important.


✅ After a few years in the market, I concluded that I should always allocate at least 10-20% of my capital to guard against sudden market crashes.

The remaining lessons

Over the past 3 years of knowing about crypto and two years of serious investing, I have realized several incredibly important things to become successful or at least make money in the crypto market.

✅Patience and trust. This is a CRUCIAL factor, because without patience and rushing into investments, you will always buy high and sell low.

✅Stay away from Futures. This can be said to be a form of gambling; I know many people who made a lot of money here but then lost everything. If you really enjoy playing, you can allocate a small amount of money, not exceeding 1% of your capital, as I shared above. Play for fun and be prepared to lose that amount with a joyful mindset.

✅All the information you know, everyone else knows too. You are always the last to know, so please research the projects thoroughly before investing. Because it is your money, no one is responsible for that amount except you. And all information is for reference only; nothing is absolutely accurate.

✅Always be cautious with invitations. The financial market has many traps; only those who are alert and knowledgeable can avoid them. Personally, I have never been scammed, but my friends have.

❤️ I choose BTC to invest and store long term. In recent years, BTC has increasingly been accepted by institutions around the world.

I choose the periodic averaging method. That is, every month I will set aside an amount of 100 USD to invest in BTC. By default, I will buy BTC on the 25th of each month with that 100 USD. Let's see what the results of my averaging investment will be after a year.

❤️Strategy for averaging in Bitcoin

On the 25th of each month, I invest 100 USD to buy BTC. Every month I spend that amount regardless of the BTC price at that time. Following this method, after one year of investing, I have spent a total of 1,200 USD to buy BTC.

After a year, the amount of BTC I own is 0.043 BTC. If calculated at the current BTC exchange rate, this amount of BTC is worth 4,249 USD.

Thus, compared to the capital of 1,200 USD I invested, based on the strategy of periodic average cost monthly, after one year, I have earned 3,049 USD. A decent investment during this pandemic, right?

❤️You should be careful with those who actively message you, creating opportunities for you to receive something. Remember, "there's no such thing as a free lunch; when you receive something from them, you will have to pay back an equivalent amount or much more."

❤️Throughout the days in the market, I can say that I have "taken enough hits" to learn these lessons. I hope everyone can refer to and take something useful from my story.

Stay tuned for the latest updates ❤️