A friend of mine had $100K to throw into crypto a few months ago. I asked him to buy $USELESS and chill. It was trading around $50M MC back then.
But he wanted to turn his $100K into a million fast and he thought that $50M is too high and the ROI just isn't there. So what did he do? He threw $10K each into 10 different micro cap shitcoins.
I texted him last night asking how his portfolio is doing. This is what he told me -
* 3 coins rugged
* He roundtripped 4 of them which are now almost zero
* He made money on 3 of them
His portfolio sits at $48K today and he cashed it all out.
Now the fun part? Had he thrown it all into $USELESS at $50M MC, he would be sitting on $460K today - at almost a 10x of what he has left today.
Lesson in there.