❤️❤️ Capital allocation 70 - 10 - 20 ❤️❤️

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

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

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

Future ($500): I don't particularly encourage this part.

IDO deals, lottery, pools…($1.5K): I spread quite a bit on these deals, averaging $100 per deal.

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


✅ After a few years in the market, I conclude that you should always set aside at least 10-20% of your capital to prepare for the case of a sudden BTC crash.

The remaining lessons

Over the past 3 years of knowing crypto and two years of serious investment, I have realized some 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 with hasty investments, you will always buy at the peak and sell at the bottom.

✅Stay away from Futures. This can be considered a form of gambling; I know many people who made a lot of money here but then lost it all. If you really enjoy playing, you can set aside an amount that is less than 1% of your capital as I shared above. Play for fun and be prepared to lose that money with a happy mindset.

✅Whatever information you know, everyone else knows too. You are always the one with the last information, so make sure to thoroughly research projects before investing. Because that is your money; no one else is responsible for it other than you. And all information is just for reference; nothing is absolutely accurate.

✅Always be cautious of invitations. The financial market has many traps; only those who are alert and knowledgeable can avoid them. Personally, I have never fallen for a scam, but my friends have.

❤️ I choose BTC to invest in and hold for the long term. In recent years, BTC has been increasingly accepted by organizations worldwide.

I choose a regular dollar-cost averaging approach. 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 how my dollar-cost averaging investment will turn out after a year.

❤️Dollar-cost averaging strategy in bitcoin

On the 25th of each month, I invest 100 USD to buy BTC. Each month, I allocate that amount regardless of the BTC price at that time. If I follow this method, after one year of investing, I will have put in a total of 1,200 USD to buy BTC.

After one 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 have invested, based on the monthly dollar-cost averaging strategy, after one year I have made a profit of 3,049 USD. A decent investment during this pandemic, isn't it?

❤️You should be careful with those who proactively message you, creating opportunities for you. Remember, "nothing is free; when you receive something from them, you will have to give back an equivalent amount or much more."

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

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