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How To Make It In Crypto - From 1K to 100M

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How To Make It In Crypto - From 1K to 100M

Disclaimer: This is something I found, I didn't make this guide nor I take credit for it. However, I do 100% agree with it and been unknowingly following these steps for a few months now. It works! Credit goes to Twitter user Derivatives_Ape.

$1k-100k portfolio (The Hood Rat/Bottom of the Barrel)

https://preview.redd.it/9b19y9b3jls71.jpg?792&format=pjpg&auto=webp&s=72b680775ee8df6a6e824c828ce14d7692a91d76

If your current portfolio is less than 6 figures, I HIGHLY HIGHLY recommend testing new DeFi platforms that haven’t launched a token yet in hopes of landing an airdrop that’ll boost your portfolio massively.

Even better if you farm them on multiple wallets and get a big pay check.
Most projects WILL release a token, because it’s a great incentive to grab new users.

$100k-1m portfolio (The Six Figures Hell)

https://preview.redd.it/qra47h68jls71.jpg?788&format=pjpg&auto=webp&s=a4e99a8cdb3cf679aca0403874a29d88d1940ead

Find low cap gems on alt l1s, AVAX and SOL ecosystems are my personal favourite. You can also hunt gems on ETH since you can afford gas fees.
Trading is still not worth it at this point, high leverage will most likely get you fucked.

$1m-10m portfolio (Relatively Made It)

https://preview.redd.it/o3j1amddjls71.jpg?1200&format=pjpg&auto=webp&s=ea7d1ac5245b1ac1ba54f9988f7c6a3ff22c2c9e

At this point, trading becomes worth it but you will have to ensure that you won’t get wiped out.
Utilise DeFi platforms like Aave/Compound to get yield on your collateral, make sure the majority of your stack is in either BTC or ETH. Whether you choose ETH or BTC, choose a benchmark and stick to it. Stack as much as you can.

NEVER EVER sell.

If you need to make moves, borrow stable coins with your BTC/ETH collateral and use that to trade. Focus on longing, don’t short.

At the moment you also get paid to borrow USDT on Avalanche and Aave.

$10m-100m+ portfolio (Made It!)

https://preview.redd.it/mewts4tkjls71.png?477&format=png&auto=webp&s=90a0a963d5a4da3eca42a5c62dd946feb0e87251

Once you get to 8 figures, the optimal thing is to hold onto your wealth.
Farm some stable coins on Curve Finance or Convex Finance but primarily keep stacking BTC by entering good longs (negative funding is always a bonus and +EV of course).

Conclusion

Making it in crypto is very possible starting from the bottom, as long as you have an internet connection and knowledge, you CAN make it.

Remember the point of alts is to accumulate as much BTC or ETH, stick to low leverage.

Tortoise wins the race.

submitted by /u/Mekayv
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