What would you do with 10K? Love to hear your opinion/views on building a fresh portfolio!

Heyyy. With the promise of a bullish 2024 in the air, let’s dive into some strategic planning. Imagine you’ve got $10,000 sitting in your bank account right now, and you’re eager to dive into the crypto space. What coins would you pick, and how would you divide your $10K?

Let’s spark a discussion and help each other make informed decisions. Here are a few questions to kickstart the conversation:

Diversification or Concentration: Would you diversify your portfolio across multiple coins or concentrate on a few? What’s your reasoning behind this approach? Blue Chips or Hidden Gems: Are you leaning towards well-established coins with a track record, or would you explore lesser-known projects with high potential? Share your thoughts on balancing risk and reward. Long-Term vs. Short-Term Gains: What’s your investment horizon? Are you aiming for long-term growth or planning to capitalize on short-term opportunities? Risk Management: How would you mitigate risks in a volatile market? What strategies would you employ to protect your investment from potential downturns? When to Take Profits: Setting an exit strategy is crucial. What indicators or milestones would prompt you to take profits? Are you considering a gradual exit or waiting for a specific price target? Avoiding Common Mistakes: Share your insights on common pitfalls to avoid when building a crypto portfolio. What lessons have you learned from previous experiences? The $10K Plan for 2024: Break down your ideal allocation. How much would you invest in Bitcoin, Ethereum, and other altcoins? Any specific projects you believe have tremendous potential?

I am here to learn and love to hear your guys view and to learn.