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I have been doing small DCA alt investing but I'm poor

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by COINS NEWS 46 Views

When I say I'm poor I mean I only have ~700 USD in value on my portfolio, and my "savings account" (rent money) has 400.

I'm not worried about anything catastrophic in my real life happening, but I have been rugged quite a bit, and I agree that BTC is the safest bet but I know that's not where the life changing money is at. I'm essentially using crypto right now to buy a niceR car. No lambo, just a decent used hybrid. Reasonable stuff, no crazy price targets, no extremely wishful thinking other than the few coins I do have push to ATH again.

My portfolio only has 13% eth 13% avax 10% banano of course moons is 6.9%

My goal right now is to reach 1000 kda and 100 avax before the bull pops off.. but maybe I'm over leveraging my actual cash... Maybe this is all just wishful thinking. I've gotten early on a few degen LP rugs, learned some harsh lessons on taking profits, but after this bear market began I reframed my strategy to just DCA into something that is proven to work, I do have favoritism towards Kadena but if im being honest I don't trust any crypto developer. It's always a rat race.

I know they say pretend the money doesnt exist but after a year of twenty dollars here n there I'm starting to feel anxious about it. Maybe I just have to pretend I'm rich or something. In the long run 700$ isn't much I know that but i can also get a beater car now. I just want to be realistic but i don't know if I'm being greedy by getting a car now or waiting on the market to do something. Maybe I'm impatient because this is my first bear. Or I'm just lost in life.

I know one thing tho, despite all the risk in my portfolio, I'd rather have these things than BTC, just for the sake of faster larger gains. Yes I respect and love BTC but mainly because it works without management & makes everything else go up.

TLDR im broke as shit and dont know what im doing in life

Edit forgot to include that KDA makes up most of my portfolio and that's probably why I'm scared

submitted by /u/-geek
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