I'm starting this thread at the suggestion of Chauncey Gardener. Here is where to put your investment strategies, hot tips, investing results, basically anything related to investing.
I'll start with the ICO I put $25,000 into last year:
It's due to launch when the total amount raised reaches $15 million. Now it's currently at $14,901,035. I estimate launch will be sometime in July. Price at launch will be $0.05 per token. I currently have over 3.1 million tokens, plus another $9,000 in USDT rewards. This makes my investment worth north of $165,000 upon launch. There is the potential to go much higher, with some analysts suggesting $1 per token is possible in 2026. I'll keep everyone updated.
My other project is trying some market timing using $10K in my Roth IRA. When doing this volatility is your friend. I'm using 2x and 3x leveraged funds for exactly this reason. The key to minimize the downside is to look where the price has been over the last several months, and buy when it's towards the bottom. As I'm discovering it's virtually impossible to get in at rock bottom barring sheer luck. The idea though is to get close.
The other part is to not panic sell if it starts dropping after you buy. Remember if you get in near the bottom, you'll eventually make money. Just sit tight and hold on. Then sell when it gets near one of the peaks. Right now I'm seeing at least one or two opportunities for 20% or higher gains every single month. One 20% gain every month gets you about 10x in a year. Two such gains per month gets you around 100x. We'll see how it goes.
The rest of my stuff is in bank-managed funds which are doing OK, although not spectacular. That's fine. You need to keep the bulk of your wealth in relatively safe investments. Never risk more than about 10% on speculative ventures.
I'll start with the ICO I put $25,000 into last year:
Loading…
blockchainfx.io
It's due to launch when the total amount raised reaches $15 million. Now it's currently at $14,901,035. I estimate launch will be sometime in July. Price at launch will be $0.05 per token. I currently have over 3.1 million tokens, plus another $9,000 in USDT rewards. This makes my investment worth north of $165,000 upon launch. There is the potential to go much higher, with some analysts suggesting $1 per token is possible in 2026. I'll keep everyone updated.
My other project is trying some market timing using $10K in my Roth IRA. When doing this volatility is your friend. I'm using 2x and 3x leveraged funds for exactly this reason. The key to minimize the downside is to look where the price has been over the last several months, and buy when it's towards the bottom. As I'm discovering it's virtually impossible to get in at rock bottom barring sheer luck. The idea though is to get close.
The other part is to not panic sell if it starts dropping after you buy. Remember if you get in near the bottom, you'll eventually make money. Just sit tight and hold on. Then sell when it gets near one of the peaks. Right now I'm seeing at least one or two opportunities for 20% or higher gains every single month. One 20% gain every month gets you about 10x in a year. Two such gains per month gets you around 100x. We'll see how it goes.
The rest of my stuff is in bank-managed funds which are doing OK, although not spectacular. That's fine. You need to keep the bulk of your wealth in relatively safe investments. Never risk more than about 10% on speculative ventures.