Let’s say I have a hypothetical value of 10K USD and I have a long term goal of growing this into 1M USD. To simplify things, I would not be anymore adding to this amount.
My question is, If I were to focus on a defi only strategy (again, to simplify things), how would you advise me on going about on this? what would be the ideal time horizon? What are some stable vs risky plays I can look at? Are there any transition points that I should think about?
For reference I’m mid 30s M in SEA – Risk wise, 10K USD is not small, but my aim is to make it and I’m defining it as 1M USD (for starters atleast). I’m open to both stable and high risk plays and whatever advise everyone can give.
This is a hypothetical scenario, currently my portfolio is eth / btc / axs – and a few altcoins all staked somewhere. I’m trying to broaden my thinking and approach and would like to pick everyone’s brains. Feel free to ask questions or talk about your journey.