Turn $10,000 into 1 Million - page 45.

mrfreezeh

sr. member

Activity: 348

Merit: 250

Quote from: Subbeh on July 02, 2017, 09:22:08 PM

I've been following this thread for a while with great interest and I think you've clearly proven that the way you pick your portfolio works, however I don't understand some of your decisions.

You mentioned that you intend to generally keep each of your picks for the long run. What that in mind, what do you see in for example NLG and your newly acquired MCO?

NLG has no potential outside of the Netherlands and I can't see this one gain any significant market cap. As for MCO, this might be a good one for the very short term but on the long term there are too many uncertainties and a questionable team behind it. It has scam written all over it IMO.

Well, I think like as you. MCO is an ICOs project success in recent time, this is project about Visa Debit card and Black Card for cryptocurrency. But look at history, the idea of MCO very similar to Tokencard and it have some issue with US. Long-term is not good choice for this project

dunfida

legendary

Activity: 3122

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Quote from: gentlemand on July 01, 2017, 01:40:41 PM

Quote from: ether19 on June 28, 2017, 04:08:07 AM

Turning 10 grand into 1 million is only possible by investing into an ICO.

10.1 times out of 10 you're not going to do that great with an ICO. They're designed to enrich a small group, not the saps who supply them with free money for nothing.

You're better off taking your chances with real coins that are already out there. NEM's first price for a few seconds post launch was over 10,000 satoshis. It went down to 30 eventually. Had you piled in then you could've turned $10,000 into $4.5 million of paper profit at its peak a short while back.

I would rather the same thing too which i would only invest my money which coins are already on the market and i will not Focusing or tending to put up my money on ICO, it might be possible to reach the goal with slim chances and with a higher risk compared on putting up money on those coins who are already on the market. No one knows which coins does have potential thats why always choose the best ones and it hard to do.

Subbeh

newbie

Activity: 5

Merit: 0

I've been following this thread for a while with great interest and I think you've clearly proven that the way you pick your portfolio works, however I don't understand some of your decisions.

You mentioned that you intend to generally keep each of your picks for the long run. What that in mind, what do you see in for example NLG and your newly acquired MCO?

NLG has no potential outside of the Netherlands and I can't see this one gain any significant market cap. As for MCO, this might be a good one for the very short term but on the long term there are too many uncertainties and a questionable team behind it. It has scam written all over it IMO.

darthmaul

sr. member

Activity: 714

Merit: 252

Quote from: HR on May 27, 2017, 05:23:03 PM

Quote from: counterplay on May 27, 2017, 04:31:43 PM

Wouldn't it be harmful for your chances to go for a 100x gain to choose a conservative approach for 50% of your portfolio?
Isn't the potential of 100x growth enough reward so that busting out in some scenarios is an accaptable outcome?

Perhaps. That would be a different risk tolerance level for sure. I'm trying to build a "medium risk" portfolio with a better than average chance to make the minimum target, and when the conservative 50% has a very reasonable chance to revalue by as much as 25 times over, then you've almost got the best of both worlds and something that in itself could easily satisfy the 100 grand minimum target. Said in other terms, I put the odds of LTC being worth 25 times what it is now much higher than I put those for BTS or STREEM to revalue 250 times over (which I do think is rational and doable in any event). Rather than a bunch of busts, you could get eternal double dribblers, and at some point you must move on. But perhaps your idea is better. Who knows? Post your list and we'll watch the two along side (or just watch the same one I posted ex-LTC). At the end of the day, it's mainly a risk tolerance question on my part as I am very portfolio diversified in nature, and there will also most likely be strokes of luck that will seperate the two regardless. The potential max reward doubles or triples though. Cool

And what makes you trust yourself so much that you believe LTC will turn 25 times what it is currently? I can not agree upon

Quote

BTS or STREEM to revalue 250 times over

this is not possible, and it is completely irrational. The main reason behind that is, bitcoin will be gaining more attention than these assets, which drop in volume with daily trading. The winner would be the who holds BTC and not LTC, nor STREEM. I am believe of bitcoin when it comes to the competition at the end of the day. Yes it true that

Quote

The potential max reward doubles or triples though

because every coin has that much potential to gain that profit for the time being. Hope you guys end up with some sort of conclusion.

faucetcollector

newbie

Activity: 43

Merit: 0

Quote from: HR on July 02, 2017, 10:54:08 AM

Week 5 Portfolio Update

http://i.imgur.com/euYYhoZ.jpg

Was a little more active than I thought I would be. I didn't anticipate so much churning. Anyway, from a trading and rebalancing standpoint, this week was much better than the last. Could have been even better, but I'm not going to complain.

Current portfolio holdings percentage distribution:

LTC 51.7%
GRS 8%
NLG 7.7%
SYS 6.4%
STEEM 5.9%
BTS 5.4%
NXT 3.8%
BTC 3.8%
PIVX 3%
MYR 2.5%
XEM 1.8%

Today's purchase of MCO is not reflected in those weekly figures, but will be next week. It was basically the total of the available BTC so you can get a rough idea - around 0.54414431 BTC. Wink

Nice job!
Question: How do you keep track of all your positions?
You keep track in a excel file or online tool?

HR

legendary

Activity: 1176

Merit: 1011

Transparency & Integrity

Week 5 Portfolio Update

http://i.imgur.com/euYYhoZ.jpg

Was a little more active than I thought I would be. I didn't anticipate so much churning. Anyway, from a trading and rebalancing standpoint, this week was much better than the last. Could have been even better, but I'm not going to complain.

Current portfolio holdings percentage distribution:

LTC 51.7%
GRS 8%
NLG 7.7%
SYS 6.4%
STEEM 5.9%
BTS 5.4%
NXT 3.8%
BTC 3.8%
PIVX 3%
MYR 2.5%
XEM 1.8%

Today's purchase of MCO is not reflected in those weekly figures, but will be next week. It was basically the total of the available BTC so you can get a rough idea - around 0.54414431 BTC. Wink

HR

legendary

Activity: 1176

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Transparency & Integrity

Down 99.9% from its first trade price, and currently trading just above original ICO, thought I'd take a stab at MCO with that left-over BTC.

http://i.imgur.com/2khFxnP.jpg
5 minute chart

HR

legendary

Activity: 1176

Merit: 1011

Transparency & Integrity

Just picked up some more MYR. Hope I don't get kicked in the face with this one. Wink

http://i.imgur.com/mYCRTs8.jpg

Will post the portfolio percentages tomorrow.

BTW, all of those who are hawking ICO's, don't you realize just how weak you make them sound by your cheap shilling? The more you shill, the less likely anyone will be interested.

On second thought, thanks for your efforts, and please keep shilling - you're doing us all an enormous public service. Cheesy

Biggapp

sr. member

Activity: 574

Merit: 256

Quote from: SinLinJim on June 27, 2017, 10:57:38 PM

Quote from: ss890 on June 27, 2017, 11:41:34 AM

You are getting crazy about it I guess. All the best for your trading techniques and I hope that your updates will keep us informed about your success. Also are those coins you selected are random basis or there lies a perfect analysis behind choosing them?

I have a little doubt that there are such opportunities that led to 10,000 dollars to 1,000,000 in short lines. Despite the fact that bitcoin still holds a price, it does not make money on the stock exchange on the price fluctuation.

This is not a thread this is the reality which can be complete by bitcoin. If you have skills and having idea about what to do with money how to invest in the right place to make it 1 million so the right choice is bitcoin invest there you will get more than a 1 Millions $ believe me you will. It is not a thread this is a complete process for you.

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

Quote from: ether19 on June 28, 2017, 04:08:07 AM

Turning 10 grand into 1 million is only possible by investing into an ICO.

10.1 times out of 10 you're not going to do that great with an ICO. They're designed to enrich a small group, not the saps who supply them with free money for nothing.

You're better off taking your chances with real coins that are already out there. NEM's first price for a few seconds post launch was over 10,000 satoshis. It went down to 30 eventually. Had you piled in then you could've turned $10,000 into $4.5 million of paper profit at its peak a short while back.

HR

legendary

Activity: 1176

Merit: 1011

Transparency & Integrity

Bought some MYR (XMY) - getting fairly speculative with this one - doesn't really conform to my "conservative" criteria, but I really like the underlying tech, distribution, etc.

http://i.imgur.com/ycJugmV.jpg

Got a nice chunk of BTC left for more purchases. We'll see where the opportunities are.

HR

legendary

Activity: 1176

Merit: 1011

Transparency & Integrity

Sold 1/3 GRS position.

http://i.imgur.com/8GrL5vE.jpg

HR

legendary

Activity: 1176

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Transparency & Integrity

Sold 1/3 PIVX position.

http://i.imgur.com/7IBXv2l.jpg

DIYOR

full member

Activity: 259

Merit: 100

watching...

p.s. also want to achieve my goal to make x100 in one year!

HR

legendary

Activity: 1176

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Transparency & Integrity

Just used the proceeds from the BTS sell earlier today to purchase STEEM.

http://i.imgur.com/gnAsqmo.jpg

Idrisu

sr. member

Activity: 924

Merit: 260

Very nice portfolio for long-term traders but for us coins flipping traders this portfolio may not be suitable for us! We always need to invest in new coins that will make 300% price changes within twenty four hours. Though the best way to still trade is long-term trading outlook.

HR

legendary

Activity: 1176

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Transparency & Integrity

Sold 1/2 remaining BTS position. Will hold in BTC with an eye to buy STEEM. :-)

http://i.imgur.com/l9FtJha.jpg

mindrust

legendary

Activity: 3276

Merit: 2442

Quote from: ether19 on June 28, 2017, 04:08:07 AM

Turning 10 grand into 1 million is only possible by investing into an ICO. You can make it faster if the ICO hasn't received much attention and the team over delivers on their promises. Both are hard to happen nowadays. But it is still good to invest into ICOs. Take a look at ANS and Strats! Both have rewarded well their investors. I guess a 10k invested into both projects during their ICOs could have given a 1 million by now that too in less than a year!

This is the worst advice one can give.

The forum is filled with scam ICO's. You can lose your 10k$ easily while expecting a million $. What the OP does is the way to do this. Make a portfolio only from the trusted alts.

Never start with ico's, never buy premined scams. OP is smart enough to follow those rules and that's why his topic is popular. He is following a safe way and being smart about his buy/sells at the same time.

One could be rich just by buying Bytecoin when it was 7 satoshi and holding till its >100satoshi but that was a risky move because while bytecoin was making its way to the top, many of its competitors from the same price range just died.

You only see the successful coins and think "i wish i bought it when it was cheap" but there were many options at that time along with bytecoin (or any other successful coin you think about). There is no way you would have picked the right one unless you were an incredibly lucky person or had insider knowledge.

wowanstrong

hero member

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Quote from: DevilSlayer on June 28, 2017, 06:21:51 AM

Quote from: matchi2011 on June 28, 2017, 03:28:31 AM

Quote from: Finestream on June 28, 2017, 02:03:02 AM

Quote from: Vishnu.Reang on June 28, 2017, 01:15:11 AM

Quote from: Question123 on June 25, 2017, 05:41:10 PM

10,000 dollars turn into 1million dollars is possible to happen if your money become 100 times . So its better choose good coin to invest because they have possible your lose. So buy more different altcoins to make sure if the one altcoin you bought you have support because you have a lot of different altcoin. Remember before byying altcoin you make sure you make a lot of research first.

100 times increase is not normally possible with coins with large market capitalization, such as Bitcoin and Ehereum. Bitcoin is already having a market cap of around $40 billion, and a 100 times increase would mean that it's market cap becomes almost equal to that of gold. So we can only expect 100x returns from the new altcoins, such as Torcoin and Skycoin (ever heard about them?)

You are right, I did realize that also that's why I am more focus on investing in altcoins and participate in the ICO as I can buy with a discount since most do offer a bonus. Recently, I participated in primal and it was sold out already so the next thing that I will do is just to be patient and hold longer.

Yup icos would be your best chance of earning that huge percentage though i wouldn't really spend a huge amount on that because i'm nit really sure of the risks. There already are a couple.of times when i got more than 50x my capital with an upcoming ico. Research about it and the developers would be a good idea before investing in one

Yeah it is very possible. Long term investment is very effective. Patience is the no. 1 you need if you will invest and also you must 100% sure to invest your money. Investing in the bitcoin is the best investment.

What do you really believe this is? To date, I see certain figures for the price of Bitcoin, but at the same time I keep being very active and there is a lot of excitement. But to determine what will happen tomorrow is very difficult.

DevilSlayer

sr. member

Activity: 1456

Merit: 359

Quote from: matchi2011 on June 28, 2017, 03:28:31 AM

Quote from: Finestream on June 28, 2017, 02:03:02 AM

Quote from: Vishnu.Reang on June 28, 2017, 01:15:11 AM

Quote from: Question123 on June 25, 2017, 05:41:10 PM

10,000 dollars turn into 1million dollars is possible to happen if your money become 100 times . So its better choose good coin to invest because they have possible your lose. So buy more different altcoins to make sure if the one altcoin you bought you have support because you have a lot of different altcoin. Remember before byying altcoin you make sure you make a lot of research first.

100 times increase is not normally possible with coins with large market capitalization, such as Bitcoin and Ehereum. Bitcoin is already having a market cap of around $40 billion, and a 100 times increase would mean that it's market cap becomes almost equal to that of gold. So we can only expect 100x returns from the new altcoins, such as Torcoin and Skycoin (ever heard about them?)

You are right, I did realize that also that's why I am more focus on investing in altcoins and participate in the ICO as I can buy with a discount since most do offer a bonus. Recently, I participated in primal and it was sold out already so the next thing that I will do is just to be patient and hold longer.

Yup icos would be your best chance of earning that huge percentage though i wouldn't really spend a huge amount on that because i'm nit really sure of the risks. There already are a couple.of times when i got more than 50x my capital with an upcoming ico. Research about it and the developers would be a good idea before investing in one

Yeah it is very possible. Long term investment is very effective. Patience is the no. 1 you need if you will invest and also you must 100% sure to invest your money. Investing in the bitcoin is the best investment.

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