Laurent

[Laurent @LaurentUsts]

@George1Trader LOL, what a joke. Yesterday you targeted range high and much higher and now "go for some lows"😂

https://t.co/MOjd0myWYn

[George @George1Trader]

Significant strength here on #btc

Think at least towards range highs but could also see us break out much higher.

Will be hunting longs this week, let's get it!

[Laurent @LaurentUsts]

@meluysca Thank you, appreciate the answer. 🙏

[Laurent @LaurentUsts]

@0xHedge32 Is that it?

[Laurent @LaurentUsts]

@resdegen Why are you only tweeting when the token is up?? I mean... it's more interesting for us to tweet on the project when the price is attractive doesn't it? Or maybe you are only tweeting to claim clout.. go find out.

[Laurent @LaurentUsts]

@resdegen @restakefi This tweet marked the top by 1 day... I felt FOMO at 2$ and waited for the price to cool-off before investing -> check the chart now -> -90% from the top🤯. I sincerely hope you didn't lose a lot. If you see this tweet, it would be nice to like analyse what went wrong, etc.. Love

[Koroush AK @KoroushAK]

Growing a portfolio from $0 - $1,000,000

It's easier to become a millionaire with investing.

Become an investor first, then learn to trade.

Investing (Not Trading)

- Portfolio construction guide (inc sample portfolios)
- How long it takes to get to $1m
- What to do after $1m+
- Sharing my personal portfolio

Becoming a millionaire is simple.

Not easy, but simple.

Made something I wish I had when I started my career.

Don't skip this one.

IMPORTANT: I'm an idiot on the internet this post is for fun and should not be used to make financial decisions

Pre-Requisites 1

Realise you are already an investor.

If you choose to invest 100% cash.

You are choosing to stay poorer.

It loses about half it's value every ~20 years.

Pre-Requisite 2

Save a few hundred $ every month.

If you can't do this and still want to be a millionaire... you're not gonna make it.

Simple as that.

You have every money making method available for free online.
(Inc several free courses from me)

You 100% CAN do it.

The more you invest per month, the faster you get to your goals.

Even $500 can get you there.

It's simple, but not quick.

Here’s how compound interest can turn $500 to $1mil in around 30 years.

"I don't want to wait 30 years! I want my Lambo now"

You will be 500% above the average with only this.

Make more money with other methods this is just one that is EASY and HIGH PROBABILITY.

If you start at 20. You'll be a millionaire by 50.

Average US net worth for a 50 year old is <$200,000

This is the starting point. You can do this AND whatever will get you your Lambo by 30.

Let's quickly talk investing vs trading

Investing: Costs little time and allows you to earn compound interest.

Trading: a skill that allows you to swap time for money.

Our goal with investing will be low time and simplicity.

Trading is separate.

Let's quickly talk investing vs trading

Investing: Costs little time and allows you to earn compound interest.

Trading: a skill that allows you to swap time for money.

Our goal with investing will be low time and simplicity.

Trading is separate.

Key Concept 1: Risk and reward are correlated

More risk = More Reward.

*12% crypto is a wild likely inaccurate guess. Just assume it's really freaking high risk that's what matters.

Key Concept 2: Diversification.

The act of investing in multiple assets to spread risk.

Lower risk.

Higher risk-adjusted returns.

There's a more advanced strategy I'll share later.

Building Your Millionaire Portfolio

Step 1: Easy wins

(1) Max out your tax free / tax friendly accounts.

(2) Max out employer matching schemes.

Tax optimisation is the best alpha out there. 0 risk, increased returns. Don't sleep on it.

Step 2: Calculate Your Risk Tolerance

Goal= $1,000,000

Go through these questions and add up your score.

1. How long can you afford to hold?

Theory: The more time we have, the better.

35+ years = 1
15+ years = 2
<6 years = 3

2. How big is your portfolio?

Theory: The closer we are to our goal, the less aggressively we need to invest.

<$60,000 = 2
<$330,000 = 4
<$630,000 = 6

3. How much can you save each month?

Theory: The more you can save, the more we can afford to risk.

$11,000+ per month = 1
$3,000 per month = 2
$500 per month = 3

Note: This also means your portfolio will build up quicker/slower and the risk will be adjusted there.

4. Add your total score.

4-6 = High risk tolerance
6-8 = Medium risk tolerance
9-12 = Low risk tolerance

A low score doesn’t mean you have to take on more risk.

A high score doesn’t mean you have to be greedy.

I like low risk for ease of mind personally.

5. Consider Psychology

Do you have a tendency to:

Feel fear and greed?
Gamble?
Panic after a big loss?

If the answers are yes, reduce your risk tolerance.

This calculator is far from perfect. Use it as a guideline not absolute rule.

Step 3 Construct your portfolio

Assets we will use

-Cash
-Stocks/Bonds (Simplified into a target date fund)
-Crypto

Simplicity is king.

I'll share where you can buy these assets and more complex ways to increase returns at the end.

Sample Portfolios;

The Classic Portfolio

For crypto bears with low risk tolerance.

Risk Tolerance: 4-12

5% Cash
95% Target Date Fund

Crypto Sprinkled Classic Portfolio

For low-risk tolerance crypto bulls.

Risk Tolerance: 4-12

2.5% Crypto
5% Cash
92.5% Target Date Fund

Crypto Bull Portfolio

The sweet spot for most crypto bulls.

Risk Tolerance: 4-8

5%-10% Crypto
5% Cash
85% - 90% Target Date Fund

OMG only 5%-10% you filthy bear!

Listen, our goal is long term growth and capital preservation.

If we want more crypto exposure there are better ways.

-Trade
-Join a crypto company
-Make content
-Networking in the space etc.

But for the giga bulls...

Crypto Bull Royale With Cheese

For the degenerates.

Risk Tolerance: 4-6
10%-30% Crypto
5% Cash
65% - 85% Target Date Fund

(I do not like this high exposure without actively trading positions)

How do you gain exposure to these assets?

I'll share a more detailed list on my telegram

Here’s my asset exposure cheat sheet:

Do I buy all at once or slowly?

Strategy 1

Lump sum is my preferred method at the start.

Context: You have cash ready to be invested.

Beginner strategy: Instantly put it into your portfolio.

Intermediate strategy: Use basic TA to buy the dip.

Strategy 2

Context: You want to invest regular monthly income.

Strategy: Purchase a fixed $ amount of assets at regular time intervals, no matter what.

This is a form of diversification and spreads timing risk.

Bonus Strategy: Rebalancing

This is how I kept most my crypto profits every bull market.

Over time some assets will outperform others.

Every 3 months, sell the asset that has outperformed and redistribute the profits into your portfolio.

What About other Assets?

-Property
-Lending
-Commodities
-Luxury goods
-etc

All viable. Simply use the risk <> reward theory and incorporate them as you please.

e.g Property in London does ~5%. Not as risky as stocks. More risky than bonds. Look at risk tolerance and decide.

How do I get my Lambo faster?

Earn more, invest more

Use the internet to build high income skills.

-Learn to copywrite
-Learn to code
-Make valuable content, start a brand
-Learn trading for free in my telegram

What my portfolio looks like right now.

I’ve reached personal financial freedom.

Therefore my goal is to minimize downside risk while acknowledging I’m very far from retirement and get decent compounding benefits.

Investments

-60% Index Stocks
-10% bonds
-10% Crypto
-10% Trading
-5% Cash
-5% Angel Investing

Every time I make money from trading or my businesses I invest it into the above portfolio.

If you liked this follow me @koroushak for more content like it.

[Laurent @LaurentUsts]

@George1Trader Are you in brother?

[Hidden Value Gems @HiddenValueGems]

I rarely pay attention to macro forecasts. I’d rather spend time looking for great businesses selling cheap.

However, one person I listen to on macro is Stan Druckenmiller. Just finished listening to his presentation at the USC 🧵👇

1/15

[Edgy - The DeFi Edge 🗡️ @thedefiedge]

One crypto sector is estimated to reach $16 Trillion by 2030:

Real World Assets.

This will be the CATALYST for mainstream Crypto adoption.

Here's your 2023 guide to RWAs (and the top protocols):

[Stefan George 🦉 @StefanDGeorge]

1/12 Why I am optimistic for crypto in 2023, what will drive blockchain demand, and what projects to watch out for in 2023:

Markets are down but fundamentals are strong. To get out of the speculative bubble, connecting blockchain to “the real world” will be key.

[cevo @cryptocevo]

My investments were boring before the bullcycle. But made life changing gains in few months

If you sell because:
- it doesn't move but has very good fundamentals (you did your own research on it)
- it's boring

You will end up chasing pumps and being exit liquidity for others

[Santiago R Santos @santiagoroel]

Tune in to hear things that most likely won’t happen in 2023 🫡

[Route 2 FI @Route2FI]

-S&amp;P500 and Nasdaq 100 are just 3% away from the June bottom
-DXY (dollar index) at ATH
-Inflation increases
-Interest rates up --&gt; less consumption, more downpayment on loans
-War, energy crisis (and winter is coming to Europe)

And you're wondering why crypto isn't going up.

[Edgy - The DeFi Edge 🗡️ @thedefiedge]

Wrote this in March.

Still following the plan.

[Route 2 FI @Route2FI]

The point of financial freedom isn't necessarily to quit your 9-5.

The point of financial freedom is to have the means to walk away from any situation (work or otherwise) you no longer want to be in.

[Santiago R Santos @santiagoroel]

The demo day you don’t want to miss

[Sam @samnode_]

Gotta say, @sandeepnailwal is one of the nicest &amp; most hard working protocol builders I've met in the space.

The guy remained humble and still replies day &amp; night to work related queries while running @0xPolygon, a multi-billion dollar scaling solution.

Props !

[Route 2 FI @Route2FI]

What other interests have you picked up during this bear market?

I've been reading more fiction books than I usually do, started working out more, and gotten back in touch with old friends. I miss the bull market, but in a way, it feels good to just live a "normal" life again.