The "Hodl" sentiment may be risky, and silly to some, but it's the only way to go from rags to riches in the crypto space.

The one you hold can disappear , it can be a rug pull, it can be vaporware that is seemingly going nowhere , and you can lose XX% of your portfolio but this is the risk that one has to face if you want to bring $1000 into a $1,000,000 or $100K or whatever goal you set.

Either way you look at it, you can only get there by holding until that goal is met. Maybe a couple people can swing trade their way into riches from rags but we all know the vast majority can't get rich that way for whatever reason.. not having time , not understanding of how the market works. Whatever the reason most can't do it.

You can have all the experts, and sound advice in the world tell you how to manage your little bit of money...

Shave off profits

Take your initial back

Diversify

Don't hold if xyz happens

But none of that will get you $1,000,000 from $500 or $1000 or $2000.

No, you want to follow that advice and get rich, then start dumping in large amounts of capital. Try a min of $20K. It's way easier to go 50x playing It smart and safe than it is going 1000x playing it smart and safe.

If you lack capital, you have to take the risk and hold to get rich. Don't let anyone tell you otherwise.