The reality is that we’re in a stage of the market where almost everyone, including me, can look smart or even like a genius because everything is pumping. (at least if you are in the right place) But it really depends on what you’re trying to achieve. Want to 2x your money? Throw money around and, in this market, you’ll probably make money. Want to turn $1K into $100K? That requires a completely different strategy. Want to turn $1M into $5M? Again, completely different game. Is this money you need to pay your rent with? Or are you genuinely okay losing it in the worst-case scenario? These questions are personal. Nobody can answer them for you. So instead of blindly following anyone, including me, you need to think about your own strategy. Think about: The return you’re actually targeting The risks you’re willing to take How much you can afford to lose How many hours you’re willing to put in And what strategy actually makes sense for your situation Then act accordingly. Because the strategy that makes sense for someone trying to turn $1K into $100K is not the strategy that makes sense for someone trying to turn $1M into $5M. And just because someone is making money right now doesn’t mean their strategy is right for you.
