Here's a breakdown of my 2025 savings goals and strategies:
Goal 1: Long-Term Growth (5+ Years)
Strategy: Dollar-cost averaging into a diversified portfolio of cryptocurrencies.
Breakdown: Investing a fixed amount of money regularly (e.g., weekly or monthly) regardless of market price.
Consider: Bitcoin (BTC), Ethereum (ETH), and other promising altcoins with strong fundamentals.
Goal 2: Short-Term Gains (1-3 Years)
Strategy: Active trading or swing trading.
Breakdown: Doing more research and analysis. Focusing on technical indicators, market trends, and risk management.
Consider: More volatile cryptocurrencies with potential for short-term price fluctuations.
Goal 3: Earning Yield
Strategy: Staking or lending my crypto.
Breakdown: Earning passive income by locking up my crypto in Binance earn.