Topic: My personal challenge: $1,000 to $1 Million - page 3. (Read 960 times)

Hey everyone,

First I will say that I am not offering or advertising anything, I am not and will not take any money.

I have been trying things here and there and after some good success decided to give myself a proper challenge! I will try to go from $1000 to a Million in less than 10 years (the baseline is 8 years).

While making the calculations I actually realized that as crazy as this challenge is already, 8 years is a long time haha.

Anyway, my friends were kinda laughing at me for this. They also told me to share with other people to make it even more official. I actually thought it was a good idea, you know like when you take some resolutions but fail to hold up to them? It helps to tell everyone about them so that you feel more pressure to actually do the work. So I made a quick website to show them how I am doing!
Hopefully I will succeed and not shame myself....


Wish me courage and luck!
Cheers

*EDIT* - Decided to add some details from reading the comments

*About me*
As far as I remember I have been trying to find ways to make money aside from my jobs, with very diverse success.  In 2010 (I think it was) I found out about Bitcoin, mined a bit for the fun of it but dropped the case soon enough (what a shame). A few years later it really picked up and I found myself with a couple grands of "free" cash. So I decided to use that as a bankroll.

*What this is about*
I do trade, and been doing this for years, but it's really investment-like, long term and not very risky so it comes with low return.
What I mostly do within the frame of this challenge is Sports Betting (90%).
Although I believe there is room for BTC price to increase significantly, I do not consider it in my calculations, it's all about return. If the price shoots up, then awesome, if it doesn't then all good, if it goes down, then it's a problem.
The reason I am using BTC is because the platforms/sites I use only have cryptos. But I am considering going into a stable coin.

To succeed, I need to make 8% per month, that would mean I've become a Millionaire in 8 years.

*RESULTS*

Sep-19:  account = $1,126  ROI = 12.60%  Target = 8%
Oct-19:  account = $1,435  ROI = 13.16%  Target = 16.64%
Nov-19:  account = $2,601  ROI = 42.29% Target = 25.97%
Dec-19:  account = $5,074  ROI = 6.92%  Target = 36.05%

PS: since it seems to be too much of a problem, I have removed the link to my website (although I was quite proud of how it looks
PS2: at the moment it is not possible for me to undeniably prove my results (but since I am not selling anything, do I have to? I guess that would be cool), but one of the platform I use might make results publicly available so let's see...

It must have been my post then.

Things were not proper and I changed the bad parts of the site after the feedback.

Back then I tried to explain and convey that I am not promoting or whatever anything but I agree the page was not great for that. I did apologize for the misunderstanding too.

The page will remain as it is (unless I get feedback that I should change something again), all I will do is update with results.
Actually I removed the email address, that should prove further my good faith, I hope.

I just wanted people to root for me and see it can be done (if I manage to do it ofc)

What is your strategy to increase from 1000$ to 1 million $ within 10 years? You will do daily trading to earn profit and accumulate every day, or you will try to find a certain altcoin and hold for 10 years and if lucky, your investment will increase to $ 1 million ? Also why are you providing a strange link here? it's best to update this topic regularly and that will get people here paying attention to your insanity

They laugh at you because it is not realistic, there is no holy grail investment where your $1000 can become $1M in just 10 years. Trading can help us to increase our portfolio but we should expect realistic outcome. You cannot easily achieve $1M if your capital is too low. I only saying that the probability achieving this goal is too short because of the risks in the market.

That is really a long time and some people may forget him in that period but that give us a lesson that if we hold like him then one day we will also be millionaire. It is also a guideline for some people who do not know that for how much time they have to hold. It is also an answer to those who say that bitcoin do not have future, here they can get the answer that people have that longer trust on bitcoin and they do not worry to keep their money in bitcoin for that longer time.

in my opinion no one wants to follow or monitor your progress, eight years is not a short time, people won't waste their time for eight years just following your trade, unless you provide commensurate rewards every week or every month.