Too good to be true? - page 7. | Bitcointalksearch.org

AakZaki

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Quote from: Diornov on March 14, 2023, 02:03:08 AM

I was watching one trader yesterday, he lost 350k$ because he shorted bitcoin.

To make 7000$ out of 100$ I think it's possible only with meme coins in a short term. But the possibility that you will lose your 100$ is very high. Just don't ever invest through pinksale - it's a scam place.

if you compare it to catching a knife from a height, you might get injured and you might catch it perfectly. However, meme coins and other rapidly rising and falling coins carry a high degree of risk. Can get rich with only $100 and can lose it all. Whoever enters early will get the profit, but whoever arrives late will only buy above and suffer a loss.

naikturun

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im never get big ROI like that, but im sure people out there have done that, example for shibainu,floki, and another meme coin.
i already see in my facebook page some peeple share their profit on group.

FirmWars

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Lower your expectations, this is the only advice I can give anyone, it is possible to use 100$ to gain thousands of dollars like many have commented on here but this doesn't mean you should have such dream in mind, it could make you hunt for shit coins instead of crypto projects with real utilities.

Stay away from shit coins with no utility.
Do not invest in one altcoin and expect such gains.
Diversify your portfolio with different coins with different use cases.
Invest what you can afford to lose.

fvb

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Quote from: DOH! on March 12, 2023, 07:45:35 AM

Quote from: ROCterm on September 09, 2022, 01:33:59 AM

Is it possible to invest 100$ in altcoin and turn to 7,000$? Have this ever happened to anyone on here? Is this even possible?.

It's entirely possible . I have a friend who invests $250 and after 2 years he has $15k. Although the profit is not equal to the margin you expect, it still happens. He is an example that makes me believe absolutely in what is possible for the crypto market. I also just invested $135 = 564 SOV. I also expect to achieve the same profit values after 2 years as him. Everything has to start with faith and patience. I'm ready with a few potential small projects.

In general, many things are possible in this world. The example you gave is about a friend. It was the same with me. Only the investment amounts were twice as much and, accordingly, the profit at the moment too. But here I did not wait and sold earlier. Now it remains to regret your impatience

Pterosaur

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Quote from: DOH! on March 12, 2023, 07:45:35 AM

Quote from: ROCterm on September 09, 2022, 01:33:59 AM

Is it possible to invest 100$ in altcoin and turn to 7,000$? Have this ever happened to anyone on here? Is this even possible?.

It's entirely possible . I have a friend who invests $250 and after 2 years he has $15k. Although the profit is not equal to the margin you expect, it still happens. He is an example that makes me believe absolutely in what is possible for the crypto market. I also just invested $135 = 564 SOV. I also expect to achieve the same profit values after 2 years as him. Everything has to start with faith and patience. I'm ready with a few potential small projects.

Are you referring to SoVryn defi project? I thought that project is dead already? Because I noticed it dumped a lot and the volume per day looks discouraging, anyhow, I wish you all the best with your plan. The only advice I have for you right now is to avoid investing on a single project, if you are ready to wait for 2 years to achieve such gain why risk it all on a single project? It's better to have up to five altcoins, a single successful one is all you need and having five will increase your chances.

jeraldskie11

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Quote from: Epaper on March 12, 2023, 06:56:30 AM

It is very possible with small capital to get very big profits investing in bitcoin or altcoins as long as you know how to invest. Moreover, altcoin price fluctuations are very large so the profits that can be obtained will also be very large.

Sometimes, such a mindset can have a big impact on your view of crypto wether positive or negative. We know that it is possible to happen in crypto that small capital can gain big but we don't know when.
If the direction of the price of crypto is reversed and continues to fall, it will definitely affect your thinking.

So you have to accept that it's not your main goal, the small income can be taken especially now that it is not sure that the crypto will continue to rise.

cafee_orange

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Quote from: ROCterm on September 09, 2022, 01:33:59 AM

Is it possible to invest 100$ in altcoin and turn to 7,000$? Have this ever happened to anyone on here? Is this even possible?.

$100 I think is a good amount to invest, especially for beginners who want to invest in Altcoins. with a value of $ 100 I think you can get a lot of profit if you can be patient in doing it. some time ago in a short time i tried to invest in $78 worth of dogecoin, i was able to earn $400 more profit. imagine if I invest more, maybe I can also achieve very large profits.

Diornov

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I was watching one trader yesterday, he lost 350k$ because he shorted bitcoin.

To make 7000$ out of 100$ I think it's possible only with meme coins in a short term. But the possibility that you will lose your 100$ is very high. Just don't ever invest through pinksale - it's a scam place.

irsykes

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Quote from: DOH! on March 12, 2023, 07:45:35 AM

Quote from: ROCterm on September 09, 2022, 01:33:59 AM

Is it possible to invest 100$ in altcoin and turn to 7,000$? Have this ever happened to anyone on here? Is this even possible?.

It's entirely possible . I have a friend who invests $250 and after 2 years he has $15k. Although the profit is not equal to the margin you expect, it still happens. He is an example that makes me believe absolutely in what is possible for the crypto market. I also just invested $135 = 564 SOV. I also expect to achieve the same profit values after 2 years as him. Everything has to start with faith and patience. I'm ready with a few potential small projects.

it's also worth speculating about researching the altcoin you're hoping for. SOV is indeed a good project but I don't know with a significant increase rate whether or not it will miss the bull season. in crypto what is impossible, I have also experienced the same thing as your friend. when i try to enter shitcoin safemoon. where prices are still low with a capital of 90 $ can be 2500 $

Farma

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If we think about it, it's not impossible. your target is very high, however, I've seen people grow their assets from minimal capital to huge returns. however, I think such a high target requires good skills in the world of trading, as well as a lot of patience. however, I said it is not impossible, but reaching that value can be a very long journey. you can try to double $100 to $200, $200 to $400, and so on. Good luck.

mich

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Well this will depend on which of the altcoin you invest in. You want a 700 percent return on your investment so maybe it will be best to diversify. It will be netter then just investing $100 in one single alt coin.
Ethereum, BNB, and Cardano is my recommendations for you. This way if one does not to so well you can make up for that with the other coins in your portfolio. 'Do not put all your eggs into one basket' when you invest in altcoins.

Rasa nanas

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To be honest I've never gotten that big of a profit, but you can get it if you invest long term (50 years maybe). buy $100 worth of BTC today and hold it for 50 years Grin

know that investing is not just how much profit you will get, but also how safe your investment is. if you expect big and fast profits investing in new altcoins but the risk you receive is also very large.

Digital_Lord

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we cannot say that this project is 100 percent secure and you will definitely multiply your sum of money but it totally depends on your luck if good cashback is in your fate then you will get your profit even what's happened. Sometime that coins which has no hope to increase become elevated and sometime a very trustworthy coin become down so its not a person fault but actually it depends. Bitcoin is always good choice so Make first investment in Bitcoin as it will never decrease your value of you have idea that how to deal with it.

Huppercase

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Quote from: ROCterm on September 09, 2022, 01:33:59 AM

Is it possible to invest 100$ in altcoin and turn to 7,000$? Have this ever happened to anyone on here? Is this even possible?.

In the days when shitcoin was hailed as the new jewel and future, $100 could get you some things, but that is no longer the case; you can't make that sort of money in these market conditions. There were times when people earned up to $7k or more by investing a small amount of money in meme coins, and they walked away with thousands of dollars. Some made fortunes, but another person's loss is another person's profit, so be cautious the next time you want to enter the market, because profits are scarce everywhere, also becareful of the type of coins you buy now.

DOH!

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Quote from: ROCterm on September 09, 2022, 01:33:59 AM

Is it possible to invest 100$ in altcoin and turn to 7,000$? Have this ever happened to anyone on here? Is this even possible?.

It's entirely possible . I have a friend who invests $250 and after 2 years he has $15k. Although the profit is not equal to the margin you expect, it still happens. He is an example that makes me believe absolutely in what is possible for the crypto market. I also just invested $135 = 564 SOV. I also expect to achieve the same profit values after 2 years as him. Everything has to start with faith and patience. I'm ready with a few potential small projects.

juhobtc

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Quote from: ROCterm on September 09, 2022, 01:33:59 AM

Is it possible to invest 100$ in altcoin and turn to 7,000$? Have this ever happened to anyone on here? Is this even possible?.

I don’t know if it makes sense to think about such an unlikely investment, I don’t know what altcoin can give you x70 now. If they told me that there is such an altcoin, I would not believe it.

Epaper

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It is very possible with small capital to get very big profits investing in bitcoin or altcoins as long as you know how to invest. Moreover, altcoin price fluctuations are very large so the profits that can be obtained will also be very large.

justdimin

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Quote from: Sterbens on December 09, 2022, 09:27:13 AM

Quote from: Rasa nanas on December 09, 2022, 09:13:27 AM

very likely. but of course I haven't felt that way Grin

someone who invested in crypto 10 years ago would definitely feel this way. for example if you invested $100 in doge or shiba before these altcoins became famous it could make you a very rich man.

Nothing is impossible in the cryptocurrency space, but it also has to be accompanied by luck in my opinion. Because it won't be easy to do, especially if we know which coins have the potential to be like that. The analysis that we do must be really mature and also keep in mind that it doesn't always give us an advantage.
Doge or Shiba are examples that we can see, now it is possible that we will find coins like that again, but it will be very difficult to find them.

The percentage is unknown that’s the problem. Like you can analyse something and that is very important, but you also need to get a bit lucky as well that’s important, but I have absolutely no idea how much important both of them are, I am sure one is more important the other but that changes all the time.

Like if you did analysis on ETH then you would be doing the right thing, less luck required, but people who bought doge before it took off? That was pure luck if you ask me, nobody saw that coming and no analysis showed it. So, in some situations it is more important to study and research, and in some cases it is more important to be just purely lucky.

trendcoin

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Quote from: ROCterm on September 09, 2022, 01:33:59 AM

...

I'm sure there are many examples that have happened before. However, this is not an easy thing because you have to take a lot of risk, and such a risk may cause you to lose more money than to make money. I think having solid goals is a better option. For example, buying $100 Bitcoin or Ethereum and hodl for 10 years. I think such a challenge would be both healthier and more fun. I think if we do this, we will both earn money and gain a unique experience. :)

Blawpaw

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Quote from: ROCterm on September 09, 2022, 01:33:59 AM

Is it possible to invest 100$ in altcoin and turn to 7,000$? Have this ever happened to anyone on here? Is this even possible?.

Yes it is possible. You just need to catch that one token at the right time for the right price and with a bit of luck you could do a lot more than 7k. Remember when you could buy eth for around 30 bucks? So for instance, if you had bought in at the right time, considering the lows and highs, if you had sold at its peak you would have made a lot more. And for those who bought in to bitcoin when it was around 30 bucks, just think about how much they have done....

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