Topic: BECOME A MILLIONAIRE OPEN PROJECT: Turn 100$ into a true life. (0/100 COMPLETED) - page 4. (Read 20068 times)

this guy started a thread that has one of the most number of views in the speculation subforum. That's something. One, it shows despite people laughing, people are actually interested in becoming a millionaire with 100 dollars as well.

Also, being able to get people to view and comment on your material in itself is valuable. That's why pewdiepie can make so much money.

The odds are slim. Believe it or not, its not easy or else everyone would become one.

But atleast the kid has a mindset to start with which most need to develop during crucial decisions in business. It really depends on the kids project on understanding certain things to do.

Either self fund, or crowdsource after finding a demand for something.

Is the noob a millionaire yet?

It is only question of time when $25 worth of shitcoin will be worth only $0.25

Yes, it is,  making some profit is not that hard, but all these are far away from turning 100$ into million that is this topic are talking about.

Buy high, sell low = FAIL

Buy low, sell high = Profit

LOTS of ways to do it if you're smart.

LOTS of ways to lose if you're not.

BECOME A MILLIONAIRE OPEN PROJECT: Turn $100 into $25. This thread should be a sticky for future altcoin trading millionaires.

So you bought bitcoin at $217, which is really good, then you messed up big time by buying into FoldingCoin (I don't even know what that is?) at 0.00000165. Now it is valuead at 0.00000050.

If you want any success I would not gamble any more on altcoins. Start over and learn trading bitcoin instead.

i am pretty sure playing roulette will be much easier to archieve winning 15 times in a row.

Guys I really appreciatte your interest. Problem of the volume for the final trades it's already in the plan. The key is BTC. As always said, I'm expecting a substancial higher BTC price by the end of the project, so the "final" trades shouldn't be necessarily. If this variable doesn't fit and BTC remains near to constant (I seriously doubt it, cause my entry price was 220$), I would have to change the plan and focus on more "serious" investments. It's obvious that with current shitcoins volume my plan is totally unreachable, but I expect some variables to change (to better)

Nothing to do with that, but today I had a craze feeling when looking at some ants and I fucking have to share it:


"Ants colony acts like a perfect decentralized system. Every ant has it's own function. Every ant know perfectly what it has to do, but don't know anything about the other ones nor the general operation of the colony. Information is perfectly decentralized, there are no conflicts cause THERE ARE NO EGOS.

Then I look to human race and I see just the opposite. All individuals know about their existence. At the final cause, every person does what he does for HIMSELF. So at the end everything is done to please all the EGOS of the "human colony". Those actions to please every individual, end up with a super-competitive animal colony. This colony ends dominating all the other ones, as it's internal battles have make it stronger. This concept is traspasable to almost every organizational system. An easy example, the comunist and capitalist system.

In conclusion, what I want to say is that the way of organizing the information is the key for almost everything. Decentralized systems like ants colonies are more efficient and the individuals are not sad or happy, cause they DON'T EXIST as individual. Centralized systems like human race are more competitive and powerful, but more inefficient, cause usually there are conflicts of egos. This makes some individuals have a "happy" existence and some having an "unhappy" existence. With this we could conclude with the well-known tip "ignorance is the secret of happiness", but I say NO MAN: "ignorance is the non-existence as individual".

Finally, when looking at the actual tendence of human race. I'm optimist, really. Althought human nature is a centralized information nature over individuals, powerful and smart humans always have tried and achieved to decentralize the information upon the individuals to avoid ego conflicts and allow human race to progress super-fast.
There are lot of examples of this existing decentralization: social roles existence, social morality existence, religion-based educational system (don't ask, just memorize and believe), workers specialization (existence of "experts" in every area), emotion manipulation (TV, films), new tolerance values (sex is normal, has to be practised the more the better; gays, lesbians and transexuals are normal; in summary, WE ARE ALL EQUAL speeches). All this decentralization of information is done to calm the billions of egos that exist and to keep the human race more or less united.

But now the panorama is changing for human race. Computers and machines will tend to do the job of "specialized" workers, and then, what will happen to all those individuals? With machines doing the hard work, most humans will not be necessarily to keep the race progressing. What will happen then with all those SURPLUS of individuals? I think it will depend on resources aboundance, but what is sure is that a population control system will be established very soon.


I could be writing all day, but I have to do useless things that I need to pay my food.

I hope it was not too weighted, but I needed to share it.

Regars, Askenaz.
 

Sell at x2 imo... anything more is a big risk with altcoins, you never know when the thing is going to crash hard forever.

But it takes 15 CONSECUTIVE successful trades in order for this to work.

And it takes ONLY one unsuccessful trade to lose everything.

It may work, yes. The issue with the logic of this approach is that if OP invests in altcoins, when he reaches the last steps, the coins selected need to have huge volume to cash out in the double price. That is due to the big amount needed for the last steps. Not many altcoins have that kind of volume..so, it's more hard than just doubling the price. Big buy walls would be needed too.

Anyways the concept is very interesting, so thank you OP for sharing this.

This is why what op is doing is interesting, because doing 15 doubles gives you a chance to get 1 000 000, but what im for example doing investing in bitcoin, even with 15x increase in price
would give me only 15x my investment. Just because something is insane doesnt mean it wont work for someone out there

cheers

Exactly my thoughts 

Hi gentlemans. It's been 2 weeks since my last post, but it feels like a full year. That's how this world goes.

The question is, Why my invest is so terrible? As I said, I could have wait little bit more and buy at the bottom, but anyways I bought at a CHEAP price. The actual situation it's getting better and better. FLDC trading at 120-150 range (I bought at 165).

Just take a quick look at FLDC project and you will see the big progress it's making. Then take a look at market cap and you will know the meaning of CHEAP. In addition, it was listed on bittrex, so the pump is 100% assured.

Right now, the only doubt I have is if I have to sell at X2, X4 or X8. I'm not joking.

Be good, cheers.

Yeah, he seams terrible at investing so far, but i preciate the effort. And its not the same making profits with 1k or 10k usd, and 100$,
its easy to double your money if ure playing with 10$, but the more money in pot, the tougher decisions fall on you.
Dont toss him out of the game just yet, those sh*tcoins have a way with unreasonable pumps, so his day just may come..

cheers

OP I applaud your enthusiasm but so far you're doing terrible.

Since your first trade I'm up over 70% from day trading bitcoin on margin. Yea that's almost doubling my money right there.

I suggest you dump your shit coin and start over. Good luck.

To OP :

DogeCoinDark DOGED is something to look at right now.  The coin is gaining a lot of momentum.

A few weeks ago it was trading at 1 satoshi. I didn’t care. Then it reached to 2 satoshi. It had anonymity, great community support and active developer.

I bought some at 2 saroshi.

Today it was listed on Cryptsy and it immediately hit 16 satoshi.
I sold some an made 8x profit.

And it looks like it is establishing a new floor and will only go up.

Give it a thought.