Topic: Can early investor turns their small investment into millions? (Read 403 times)

I do agree.
Also you shouldn't put your expectations too high, otherwise, you may think of the project as a walking money bag, when in reality, it won't be that good in the end.
Analysis and responsible behavior are keys.
Doing your research and doing it with needed experience and expertise is also important.

During the staking process, users freeze their cryptocurrencies in their accounts to support the blockchain network and receive rewards.$WATER They contribute to the security and decentralization of the network, for which they receive interest or new tokens. Staking is relevant for cryptocurrencies with the Proof-of-Stake (PoS) algorithm, such as Ethereum.

In crypto land, the "lottery tickets" would be none other than "meme" coins themselves. People just buy this worthless junk with the hopes of striking it rich in the short term. Such coins are nothing more than a gamble due to their highly-unpredictable nature. Just because they're inexpensive, doesn't mean they're worth the investment. Investors who made millions are the ones who got early in the game. But being early is not always a guarantee that you will "win" in the long run.

As crypto becomes more mainstream, the harder it will be to achieve "luck" in your investment. Remember, slow and steady wins the race. Just add a few prominent cryptocurrencies in your portfolio, and there should be nothing to worry about. Of course, you should always watch the market and do your own research before making a move. You decide what to do wih your money. Hopefully, people get educated well enough to help prevent getting "rugpulled" in the long run.

Very very rarely, not enough to even mention it as a possibility. It's basically like a lottery thing, you can buy a lottery ticket too, one ticket is usually very cheap and you could have that ticket win the lottery too, do we all go out and buy lottery tickets thinking we are going to get rich? Of course not, we should consider this as normal and not a big deal.

I believe that the best thing to do would be just considering how to get better results, and because of that we should be considering how it would be a wrong move if we are not careful with it. I believe that the best thing to do in this regard would be just following our gut and not risk it all. Sure it happened a few times, but it is not something common in the crypto world at all.

What you described can be looked upon as a general situation in the cryptocurrency space. This is where project support, with a probably dominant company like Gotbit, brings about first improvements. Their projects-fire, beer, water, and wind-turned initial investments into high returns. Yet, past success does not guarantee future results, and each project must be looked upon individually. Liquid Death's contribution is great, but even the most innovative ideas and marketing cannot replace the study of the very basics: the organization, operations, and long-term outlook of the project. By the experience of your previous meme coins, that usually have been pretty wild and speculative, this time you should be really careful. One should never rely totally on past experience or success. Seek expert advice, followed by conducting as much research as possible on the status of the project.


Of course, one can do their homework. Especially when it comes to considering new projects, early-stage investors do earn huge returns by identifying the right projects. All that, though, in most cases requires meticulous analysis and better understanding of the market. The detailed analysis will help reduce risk and thus improve your decisions. If it happens that the project's website-for instance, Liquid Death-can't hold anything useful or is just not that appealing, maybe that light was red. It is not only hype or repeatability that you want to check but sometimes wish to see the credibility and transparency of the project based on your past experiences and perception of financial fluctuations. Emphasis on high-status projects and transparent, understandable information will reduce further loss. The deal must be made with care, and investment must be done which coincides with your risk appetite and financial objectives.

It is better to do your own research, because it can hone our ability in choosing projects to invest in the future. However, for early investors, they will always get big profits when they choose the right project. However, choosing the right project is difficult. However, it can be done by doing in-depth research. And if you have chosen a project, then prepare for the worst. However, if you need advice, I do not recommend investing in it, because the appearance of the website is not attractive, and does not provide the information needed.

Investing in crypto is all about patience. Same way as stocks. People usually buy "meme" coins with the hopes of getting rich in an instant. But that's not the way this works. Some serious investors choose BTC on top of everything else, while others choose altcoins out of pure fun. With how popular crypto is, it's getting difficult to become an early investor and turn a profit in the long run. There's high market manipulation, shills bashing "shitcoins", etc.

You'd be lucky if you get rich holding altcoins in the short-term. If you have money to spare, I'd suggest you choose among the top-ranked cryptocurrencies in market cap. Usually those within the top 10. As many have said before, the crypto market is nothing but a gamble. Be aware of the risks involved before deciding to go all in. Never invest what you can't afford to lose, and there should be nothing to worry about.

3 years of testing seems a positive/negative on a project especially on a blockchain network because it means that they have slow development that’s why it took them 3 years just to test the network before they launch the mainnet to the public. So how long they will still need just to upgrade/improve their network in their future innovations.

Blockchain network nowadays are competing to become the first when it comes to development while the project you are suggesting is just new yet run the test for 3 years.

Anyway, make sure to drop the official link to the project website for reference of your suggestion.

It is true that early investors in cryptocurrencies project can turn their small investment into a significant sum of dollars. Bitcoin is a good exmample where early investors in 2009 when Bitcoin price was few cents made massive profit by holding it for long term. During the recent times I have seen Solana rising from eight dollars about an year ago, and today its value is above $130 which is a substantial growth in a short period of one year.

Regarding meme coin they might be suitable for short term trading but holding them for long term in the hope of making Million dollar profit seems risky meme coins generally lack real life use case, making them vulnerable to high volatility and uncertainty.

Highly recommend you to pay attention to Waterfall Network project, it's relatively new but has strong background - 3 years of testing

Based on the website that you posted, you did not learn from your meme ventures; just take a look at the slogan of the project that you are going to invest in.


Do you think the people behind this project are serious about what they are doing, It looks like a joke to me, and they will probably have the last laugh once they do a rug pull. Better change the way you research the project, or you will end up losing all your investment and eventually stop investing even if the project you stumble on has good potential.

An early investor can turns their small investment into millions but that will only if they get the right project. With so many project out there, that will be difficult to get the right one. Not many project can give them big profit but they can lose their money in that projects.

Maybe investing in a new project is like a gambling. We don't know which project that can be bigger in the future. We can only use the money we can afford to invest in every project we want to prevents the big lose.

If you don't want to lose more, maybe it is better if you invest in Bitcoin using DCA method. That will help you to accumulate Bitcoin even for small portion but you have a chance to collect it until you have many Bitcoin portion. But if you still want to invest in new project, you must be careful and not waste your money in a wrong project so you must research.

Of course, it can happen at any time and it often takes time and analysis before we let our small money burn when they are thrown away, Of course the unexpected potential for big profits still exists if the token is currently hyped in the market but what is very unfortunate for those who have small money and only try their luck by buying them and then hoping to get a jackpot like you get where the reality is 100% the opposite. My assumption is that it is very small to get profit if we trade there.

Well I don’t see red flags that it could be possibly a scam but even an expert would not be able to tell you how this project will turn out. Your profit will be proportional to how much you have invested. You can’t earn a lot from so little especially if you will just hold. You can’t put all of your money into this project either thinking it will be the one to bring you millions. That is too much risk. Remember to Only invest what you can afford to lose then if you see more potential then you can invest more.

There is always a risk even if the project has founders with good background and good collabs / investors, as they can just allocate the coins not in the way that was said / agreed upon and you wouldn't be able to do anything with it. The point being (which I think is already here, but, nevertheless) - invest the sum which wouldn't upset you if it's gone. There is nothing wrong with being wrong or having or research go to smithereens, it's a part of the journey. Always try to DYOR and impove upon it.

Imao you see this investment as gambling or pure investment. Because the higher the risk, the higher the reward you will get, but are you ready to lose a large amount? If you feel you are not ready and want to continue investing safely, then just invest in coins or crypto which are clear with a high market cap. The goal is for you to stay longer in the crypto industry, but it all requires well considered decisions. The projects backed up by those you mentioned do not promise quick profits, just because you see rich people turning thousands of dollars into millions or even billions and then as if it could be done easily by anyone? then no one is poor if the concept is like that. In risky investments there are always those who will become victims of the ferocity of rich people who attract beginners to give money to them where the project is easy to manipulate.

You've lost a lot of money on memes but why keep hoping to turn thousands of dollars into millions? You're asking an expert when you don't know how to do your own research, I'm not sure if you're promoting or just a layman.

Throw away about shitcoin/meme if you want to benefit more real you can invest in bitcoin this is not instant but the name of the investment takes a long time so you have to wait patiently while accumulating.

Not all, though; some of those projects manage to survive for a long time, and some can stand the test of time, but from the majority, only a minimum number of those tokens can survive. There are some old existing altcoins too, like ETH, BNB, and their likes, which only follow the market trend; they dip during the bear market and also surge high during the bull market. It is better to invest in such coins that are more assured than just some new hyped meme coins. If you must invest in those hyped tokens, you need to be smart and properly educated about those coins. 

If you don’t want to lose more, stay away from meme coins and if you think you want to try your luck since it’s a game of probability, you can go ahead and put only the money you can afford to lose into them. Because some projects that are meme did well under godbit doesn’t mean all projects coming from there will always be doing well. A lot of clear facts are in this space but a lot of newbies keep making mistake again and again. Those that got the success of other projects that did well under godbit might have lost hope and never thought they’ll comeback to be this big. They invested in what they can afford to lose and just allow the market to do his things.

I don't see this becoming the next big thing, is the industry really this bad that a project like this could exist and gain the support of investors? But it's really happening; investing in this kind of project has a lot of risk attached to it, so it's better to invest what you can afford to lose.

And be sure to follow the project, a project that thrives on hype and shill marketing is easy to dump by the whales and investors, so you'll know when to dump your shares

This kind of project is short-term profit-generating and cash cow for whales and developers; it's the small investors that suffer in this situation.