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  1. onchaintrader

    Turned $5K into $100K in a year. What should I do now?

    CRYPTO INVESTING 
    Definitely, something to remember with staking though is counter party risk : not your keys, not your coins. The protocol you stake on can get hacked (you lose everything), the founders can become evil (you lose everything), or the yield become ridiculously low during a bear market or they...
  2. onchaintrader

    Turned $5K into $100K in a year. What should I do now?

    CRYPTO INVESTING 
    Yes, bought two of his book YEARS ago in multiple format (audio, pdf, paper), revisiting them often. Ok I appreciate your suggestion, thanks
  3. onchaintrader

    Turned $5K into $100K in a year. What should I do now?

    CRYPTO INVESTING 
    It isn't a newbie post. I said "I got to 100k, I took full advantage of a bullmarket and I know how I got here, and now I am looking to secure the bag outside of crypto (which is outside of my comfort zone), do you guys have any ideas how". I then proceeded to give some diversification ideas...
  4. onchaintrader

    Turned $5K into $100K in a year. What should I do now?

    CRYPTO INVESTING 
    Ok so that's interesting, since you're the second person mentioning options to me, I will definitely have to look it up and start learning about this stuff. Yes, I do have both MJ books, have been reading them for many years. I agree, crypto / stocks is based on hope, which is the opposite of...
  5. onchaintrader

    Turned $5K into $100K in a year. What should I do now?

    CRYPTO INVESTING 
    So rude and useless comment. Farming likes by putting down others, good strategy sir, keep going you'll get more virtual status.
  6. onchaintrader

    Turned $5K into $100K in a year. What should I do now?

    CRYPTO INVESTING 
    No. How profitable would it be vs buying BTC?
  7. onchaintrader

    Turned $5K into $100K in a year. What should I do now?

    CRYPTO INVESTING 
    Not in the US, lucky on that front
  8. onchaintrader

    Turned $5K into $100K in a year. What should I do now?

    CRYPTO INVESTING 
    I don't trust stablecoins either, USDC froze accounts after the SEC asked them to, USDT is a ticking time bomb. Another option for stability could be to have a portion of PAXG (gold-backed stablecoins in the UK). Need to research more.
  9. onchaintrader

    Turned $5K into $100K in a year. What should I do now?

    CRYPTO INVESTING 
    I wouldn't want to play with options / futures given the risks related to my lack of knowledge in those areas. Don't want to lose and go back into < 6 figures atm. I'd rather play defense for a few years until BTC completely bottoms and everyone hates crypto again. Then I'll get back in. In the...
  10. onchaintrader

    Turned $5K into $100K in a year. What should I do now?

    CRYPTO INVESTING 
    Yes, I made sure to post in the investing/crypto section. As of now, I have a job providing me with income. I tried multiple CENTS fastlane without much success in the past. And when I got into crypto, my net worth exploded. So I think it's better for me to focus on that while living on wage...
  11. onchaintrader

    Turned $5K into $100K in a year. What should I do now?

    CRYPTO INVESTING 
    Hi everyone, I saved money from wage slaving, and dollar cost averaged into the market in mid-late 2020 with around $5K. After many successful moves (selling tops and buying bottoms (sold April top, bought July Bottom, sold November top, getting big airdrops etc), it turned a bit more than...
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