this post was submitted on 05 Jan 2024
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The problem with betting on illiquid securities is that it would guarantee a change in that securities future. I’d probably stick with a big ocean of money to invest in like blue chip stocks because you personally aren’t going to change the market and if you have foreknowledge you can still make billions.
For something like trying to turn 300k into 25T on Bitcoin, yes, absolutely.
You could 100% become a trillionaire without significantly affecting market positions, though, even with just general knowledge and ~50 $100-$10,000 investments.
Compounding interest is a hell of a drug.