Author

Topic: Can you turn $2000 to $600,000 with alt coins? (Read 206 times)

member
Activity: 287
Merit: 10
September 17, 2018, 03:24:02 AM
#17
Turning 2000 dollars to 6000 dollars with altcoins is nt possible we cant expect double and four times profit
newbie
Activity: 2
Merit: 0
I think it is possible but not that easy. You can invest in a good coin and wait (for weeks, months, years who knows) until it gets 300x of its price. Or you can make multiple succesful trades in a row until you gain 300x. It won't be that easy wither way.
jr. member
Activity: 168
Merit: 1
I think yes it's possible to happen $2000 to $600,000 if the coin you choose had a potential to expand and grow there's so many coin out there had a potential so i guess it's really possible to make it $600,000 with altcoins
sr. member
Activity: 674
Merit: 250
I think people can. Why not when many coins have had growth rates greater than 500x? Just choose the right coin and wait for long time, everything is possible.
sr. member
Activity: 924
Merit: 260
Is it actually possible?
Very possible and many people that buy ethereum at January 2017 and sold in December when ethereum move above $1,000 then you will understand that that is very possible.  I believe that the kind of the upward price movement we have last year will repeat itself again in years to come.  If you want to be part of the future then it is good you buy now.
full member
Activity: 504
Merit: 101
Is it actually possible?
why not, if you are willing to hold for the long term, then I'm sure you can achieve it. but buy a coin that has a chance in the future, be a bitcoin holder.
hero member
Activity: 1344
Merit: 502
300x is kind of not so heard of anymore but not entirely impossible

You'd need to either be one of the best day traders out there or a clever investor who selects assets that have the most long term potential and then patiently holds those until they reach maximum value
hero member
Activity: 1568
Merit: 511
Possible
But you gotta get EVERY trade/investment success in a sequence

Getting a 10x seems pretty hard at once
Getting a 2X (3 times) would result an 8x

Its all about maths
$2000 to $600,000 is 29,900%, which is also 299 or we round off it to 300x

At the current phase of market, i would say it is impossible to get a 300x anymore, unless you find some really potential coin which is at 1M marketcap or 10M marketcap because a 300x jump would result both relatively to 300M marketcap and 3B marketcap

How to achieve 300X in few trades?
1) Making your first trade a 2x and you are left with 150x
2) Making your second trade a 3x and you are left with 50x
3) Making your third trade a 5x and you are left with 10x
4) Making your fourth trade a 5x again and you are left with 2x
5) Making your last trade a 2x and you are at 300x

See the differences?
- Making one trade and wait for 300x
- Making five trade with just 2x 3x 5x 5x 2x and you can get 300x

Play with the numbers, it is very possible
Making 2x for 5 times will results you a 32x

However, in order to achieve the result you gotta put in 100% of everything you earn at continuously and not just the initial amount
Good luck
newbie
Activity: 112
Merit: 0
September 17, 2018, 01:23:18 AM
#9
I DO NOT
newbie
Activity: 210
Merit: 0
September 17, 2018, 01:22:41 AM
#8
Yes, it is possible but you need to hold them for long-term instead of trading daily. Through day trading we cannot able to make that much huge money, so good and research for long-term investment coins which will give us good profit in long term.
full member
Activity: 1078
Merit: 102
September 17, 2018, 01:11:52 AM
#7
Yes that's possible. I had a friend who earned millions in one investment alone. Maybe its the right ICO, right timing and just pure luck. The coin pumped after ICO and died a few weeks after .. and no more. Its hard to find an ICO like that now. There's a few legit projects but you'll get at least a few percent gain and if not able to trade wisely, you'll even lose.
sr. member
Activity: 812
Merit: 250
September 16, 2018, 11:41:07 PM
#6
Oh, it was really just a year ago, and now that would reach such heights need to have a good imagination, because in reality it is impossible.
member
Activity: 462
Merit: 11
September 16, 2018, 11:34:45 PM
#5
Yes you can and it will just come down to what method that you will use and how long it will take. One of the quickest method buy rather risky is by trading, because you can do it ASAP without a care to the market prices. Other methods includes investing in ICOs or hodling top altcoins in the market, however it will take time because of the market situation and the alcoins potential to moon.
full member
Activity: 518
Merit: 101
September 16, 2018, 09:45:29 PM
#4
if you look at the declining market situation it is now very possible to happen, like a ripple coin, has a high potential for a pump later on
sr. member
Activity: 1183
Merit: 251
September 16, 2018, 09:29:09 PM
#3
Is it actually possible?
you should visit this site and then just try to create a calculation use the ico rate and try to compare it with the latest price. i can give you an example about how it works.
Imagine when you have been buying ethereum when it was on the ico price which around $0.2 and you will get around 10k ether and this time the price for each ether is $224 and you have been earning more than $2 millions dollar.
jr. member
Activity: 236
Merit: 5
September 16, 2018, 08:56:48 PM
#2
Yes Possible If the Altcoin you choose is really a good project.. and hold that altcoin for 10-20 years Cheesy
newbie
Activity: 122
Merit: 0
September 16, 2018, 08:48:56 PM
#1
Is it actually possible?
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