How and where would I invest $100k in crypto:
⚠️A quick disclaimer before I start, I DON'T have $100k (yet) but this is how I would invest this money.
It may not fit someone else's method or strategy, so take it as you wish.⚠️
1⃣My very first step would be to buy $20k of BTC and $20k of ETH, these 2 are the Mom and Dad of crypto, if you don't hold at least one of them, you ngmi.
2⃣From the remaining $60k I'd get $10k and buy altcoins that I like:
▪️ $MATIC
▪️ $SOL
▪️ $AVAX
▪️ $FTM
▪️ $BNB
(no meme coins allowed here)
3⃣The remaining $50k I'd hold in stablecoins (mainly USDC)
And here is where the fun begins.
I'd use this USDC to sell options and generate a weekly yield from collecting premiums.
Even by selling very OTM options, I can safely and reliably collect 0.5-1.2%/week
4⃣For trading options of course give @Synquote a try, for the first 1k people to trade on MATIC there’s a $5 USDC rebate, so if you spend $15 buying an option, you will get $5 back!🤑
5⃣I'd also keep an eye on arbitrage opportunities, as this one mentioned here: twitter.com/FroyoFren/status/1571094282534268928
6⃣With this portfolio, I might not be pulling numbers like @OhHaiAndy or @JamesPelton18, but it would be a reliable passive income.
This method is not meant to make someone rich overnight, It is meant to preserve and grow a portfolio in a steady way.
7⃣The main reason why I would sell both Covered Calls and Cash secured puts using stablecoins instead of the underlying asset itself is to prevent portfolio oscillations due to market volatility.
8⃣I'm currently doing this on a minor scale, my options portfolio is sitting just shy of $2k, and I'm able to make between 1 and 2.5% weekly just by selling options, depending on market conditions.
I won't be tagging a huge list of creators here to boost this post, so If you would like to help, liking and sharing can do wonders, and I'd appreciate that
twitter.com/vincesector/status/1574384398740463617