Topic: Turning $50,000 into 1M in 365 days- Buy and Hold possible? (Read 831 times)
have author post very ambitious plans, I think such is unlikely , the more on such a falling market
Inspired by HR's thread ($10,000 into 1M):
https://bitcointalksearch.org/topic/turn-10000-into-1-million-1936239
Looking for input from experienced traders regarding my coin picks and their fundamentals to see if a buy and hold (with adjustments but not day trading) will be possible to 20x the initial investment of $50,000 ideally within a year. I would like to aim for $350,000, and a maximum of 1,000,000.
Snapshot of portfolio based on today's pricing:
Bitcoin (BTC): 42%
Ethereum (ETH): 22%
Ripple (XRP): 14%
Iota (MIOTA): 10%
Basic Attention Token (BAT): 7%
NEO (NEO): 1%
I don't believe this current portfolio will be able to reach 20X due to majority being established coins that have already moved considerably. Last month's ROI was approx 22%.
I'd like to adjust my future portfolio for the next month to look like:
BTC: 15%
ETH: 20%
XRP: 20%
IOTA: 20%
BAT: 5%
____: 5%
____: 5%
____: 5%
____: 2%
____: 2%
____: 1%
Ideally I'd like to change either my BTC or ETH holdings into the next big project, similar to how HR changed his LTC into ADA, but can't decide for now.
For the speculative ones, I'm aiming for coins with <50M market cap with good fundamentals.
I'd hopefully update this every week, for those whose advice I take and profit from I'd plan on giving back in some form as I reach milestones (100k, 200k, etc). Of course if it all goes south you'd just have to accept my gratitude
Any suggestions/constructive criticism is welcome!
https://bitcointalksearch.org/topic/turn-10000-into-1-million-1936239
Looking for input from experienced traders regarding my coin picks and their fundamentals to see if a buy and hold (with adjustments but not day trading) will be possible to 20x the initial investment of $50,000 ideally within a year. I would like to aim for $350,000, and a maximum of 1,000,000.
Snapshot of portfolio based on today's pricing:
Bitcoin (BTC): 42%
Ethereum (ETH): 22%
Ripple (XRP): 14%
Iota (MIOTA): 10%
Basic Attention Token (BAT): 7%
NEO (NEO): 1%
I don't believe this current portfolio will be able to reach 20X due to majority being established coins that have already moved considerably. Last month's ROI was approx 22%.
I'd like to adjust my future portfolio for the next month to look like:
BTC: 15%
ETH: 20%
XRP: 20%
IOTA: 20%
BAT: 5%
____: 5%
____: 5%
____: 5%
____: 2%
____: 2%
____: 1%
Ideally I'd like to change either my BTC or ETH holdings into the next big project, similar to how HR changed his LTC into ADA, but can't decide for now.
For the speculative ones, I'm aiming for coins with <50M market cap with good fundamentals.
I'd hopefully update this every week, for those whose advice I take and profit from I'd plan on giving back in some form as I reach milestones (100k, 200k, etc). Of course if it all goes south you'd just have to accept my gratitude
Any suggestions/constructive criticism is welcome!
$50,000 turning it to $1 million in a year is possible if you’re a bad ass day trader. Even bitcoins and altcoins almost reach their peak price; it is possible reach that objective. In able to do this you have to do the following;
1. Become full time day trader
2. Learn the full dynamics of technical analysis
3. Establish effective and good trading plan
There are people able to do this that’s why I said it’s possible but I will not recommend it because the risk is to high stakes. But if you’re decided to pursue this you have to follow the three tips I have given.
Is there a way to track this, it would be fun to watch. What is the current status ?
It is possible to all crypto users to have that much money if they had a patience to hold their coins and knowledge of buying or trading coins to hodl.
Week 2 update-
Not much time here so just a quick update-
Current portfolio is up approx 230% since a fortnight ago. Biggest winners have been PRL, COSS and XRP (moving up approx 500-700% since purchase). Sold 50% of my BTC and moved it into BitShares (BTS) which I believe has great fundamentals and lot of potential considering it's a "safe coin". Lowest performers have been IOTA, BTC and 1ST. Looking forwards, expecting a decent dip given the recent run up. Most surprising has been the lack of movement in BTC, it's dominance at all time low.
Not much time here so just a quick update-
Current portfolio is up approx 230% since a fortnight ago. Biggest winners have been PRL, COSS and XRP (moving up approx 500-700% since purchase). Sold 50% of my BTC and moved it into BitShares (BTS) which I believe has great fundamentals and lot of potential considering it's a "safe coin". Lowest performers have been IOTA, BTC and 1ST. Looking forwards, expecting a decent dip given the recent run up. Most surprising has been the lack of movement in BTC, it's dominance at all time low.
$50,000 into 1M in 365 days is bit ambitious. But if crypto makes wild moves like it made in 2017, you might be able to get your 50 grand into 1M in 2018. Why not take a look at ICN, Waves, Neo, ETC, XMR, SNGLS, DCT and other coins that are suggested in this thread by other users. Good luck!
I think you should invest all the money in altcoin because bitcoin is expensive.
Ripple 20%
IOTA 20%
ADA 20%
Waves 20%
Stratis 20%
That way you can easily turn $50k to a million dollars.
this makes more sence to me, yet i would ditch XRP and took something else Ripple 20%
IOTA 20%
ADA 20%
Waves 20%
Stratis 20%
That way you can easily turn $50k to a million dollars.
Hi guys!
I would like to ask competent people about my investment plan. I plan for a long term investment up to 2 years with a 1M target. Current investment screenshot:
5500 USD
BTC - 15.06% from mining
ETH - 27.96% from mining
LTC - 4.58%
ADA - 19.62%
XLM - 11.44%
Ripple - 11.19%
BTG - 4.70% from mining
DCR - 2.14% from mining
AEON - 1.43%
Maybe I should change something in this division? In addition, I want to increase LTC, AEON.
Thinking about this in the future
BCH
Waves
XEM
IOTA
Verge
Once a month, I will inject in investment plan with a similar amount coming from my mining farm.
From the farm I receive the following currency:
arox. 5000 USD
55.00% BTC
25.00% ETH
10.00% DCR
10.00% BTG
I would appreciate any adjustments to the current investment plan and recommendations for monthly injections.
Thanks a lot!
I would like to ask competent people about my investment plan. I plan for a long term investment up to 2 years with a 1M target. Current investment screenshot:
5500 USD
BTC - 15.06% from mining
ETH - 27.96% from mining
LTC - 4.58%
ADA - 19.62%
XLM - 11.44%
Ripple - 11.19%
BTG - 4.70% from mining
DCR - 2.14% from mining
AEON - 1.43%
Maybe I should change something in this division? In addition, I want to increase LTC, AEON.
Thinking about this in the future
BCH
Waves
XEM
IOTA
Verge
Once a month, I will inject in investment plan with a similar amount coming from my mining farm.
From the farm I receive the following currency:
arox. 5000 USD
55.00% BTC
25.00% ETH
10.00% DCR
10.00% BTG
I would appreciate any adjustments to the current investment plan and recommendations for monthly injections.
Thanks a lot!
In 2018 there will be new great projects with new crypto giants. But I would suggest to invest into ARDR, LMC, IOTA, OMG, WAVES, ICX, 1st Blood. However, in any case, I will invest main part of my money into bitcoin and ethereum.
My suggestion is to remove XRP from your list, it is a centralized coin and any bullshit can happen to that coin at any time and even if you are so keen on holding it, then give it the lowest percentage unless you are part of the bankers who feel you are going to push it up.
It is your decision anyway, but most of the coins you have chosen are pretty good and you can also just try to see the top 100 cryptos and see how you can spread your investment across most of them.
It is your decision anyway, but most of the coins you have chosen are pretty good and you can also just try to see the top 100 cryptos and see how you can spread your investment across most of them.
I feel like it's most especially hard to get big returns on alt coins considering there's just so many. Your safest bet will probably be the main coin which is bitcoin which is forecast-ed, in the foreseeable future to multiply its own value by 10x.
Yeah, most especially since bitcoin tend to drag their growth down. However, it is not always that bad as there would at least be a limit to how much they can really get dragged down and at the long run, they will still get to do well at the end of it all.No matter how much they get dragged down with bitcoin's dominance. In 365 days, choosing the right coin can really make x20 possible and assuming the OP to be trading some of these coins, he could actually get some of it.
Op, you should have added some coins like Lisk, 23%Ripple, Stratis and some other good coins with high profit potential as recommended by some well respected colleagues here in your tread.
Just an opinion, i think you should have more several micro cap coin with price tag under 1 cent, they have a lot of room to grow and its easy for them go grow to 0.1cent
agree with this, but we can't know for sure whether they will grow next year. just look at the case of RDD, it reach more than 1000% growth from 10 satoshi to 100 satoshi (which is i don't know for sure why, maybe lots of people starting to get their eyes on little coins)?
If he has 7-8 coins, getting $1M would be 20x return in a meanwhile. This means if one coin makes 2x return, then the other one should cover its loss and it should make 38x return to obtain 20x average return at the end. This is a hard one to achieve.
Just an opinion, i think you should have more several micro cap coin with price tag under 1 cent, they have a lot of room to grow and its easy for them go grow to 0.1cent
agree with this, but we can't know for sure whether they will grow next year. just look at the case of RDD, it reach more than 1000% growth from 10 satoshi to 100 satoshi (which is i don't know for sure why, maybe lots of people starting to get their eyes on little coins)?
Inspired by HR's thread ($10,000 into 1M):
https://bitcointalksearch.org/topic/turn-10000-into-1-million-1936239
Looking for input from experienced traders regarding my coin picks and their fundamentals to see if a buy and hold (with adjustments but not day trading) will be possible to 20x the initial investment of $50,000 ideally within a year. I would like to aim for $350,000, and a maximum of 1,000,000.
Snapshot of portfolio based on today's pricing:
Bitcoin (BTC): 42%
Ethereum (ETH): 22%
Ripple (XRP): 14%
Iota (MIOTA): 10%
Basic Attention Token (BAT): 7%
NEO (NEO): 1%
I don't believe this current portfolio will be able to reach 20X due to majority being established coins that have already moved considerably. Last month's ROI was approx 22%.
I'd like to adjust my future portfolio for the next month to look like:
BTC: 15%
ETH: 20%
XRP: 20%
IOTA: 20%
BAT: 5%
____: 5%
____: 5%
____: 5%
____: 2%
____: 2%
____: 1%
Ideally I'd like to change either my BTC or ETH holdings into the next big project, similar to how HR changed his LTC into ADA, but can't decide for now.
For the speculative ones, I'm aiming for coins with <50M market cap with good fundamentals.
I'd hopefully update this every week, for those whose advice I take and profit from I'd plan on giving back in some form as I reach milestones (100k, 200k, etc). Of course if it all goes south you'd just have to accept my gratitude
Any suggestions/constructive criticism is welcome!
In my opinion, it is not impossible to make 1 Million in just a year because this was proven to me by my friend due to his achievement in just a year. In addition, dealing with trading and investing will help a lot in order to earn money because trading can help anyone to make money in just a short term of time and investing will take a long time. However, knowing whom you'll invest and trade your coins should be considered in order not to get scammed. Monitoring and understanding the market needs to be done in order to avoid losing of money. https://bitcointalksearch.org/topic/turn-10000-into-1-million-1936239
Looking for input from experienced traders regarding my coin picks and their fundamentals to see if a buy and hold (with adjustments but not day trading) will be possible to 20x the initial investment of $50,000 ideally within a year. I would like to aim for $350,000, and a maximum of 1,000,000.
Snapshot of portfolio based on today's pricing:
Bitcoin (BTC): 42%
Ethereum (ETH): 22%
Ripple (XRP): 14%
Iota (MIOTA): 10%
Basic Attention Token (BAT): 7%
NEO (NEO): 1%
I don't believe this current portfolio will be able to reach 20X due to majority being established coins that have already moved considerably. Last month's ROI was approx 22%.
I'd like to adjust my future portfolio for the next month to look like:
BTC: 15%
ETH: 20%
XRP: 20%
IOTA: 20%
BAT: 5%
____: 5%
____: 5%
____: 5%
____: 2%
____: 2%
____: 1%
Ideally I'd like to change either my BTC or ETH holdings into the next big project, similar to how HR changed his LTC into ADA, but can't decide for now.
For the speculative ones, I'm aiming for coins with <50M market cap with good fundamentals.
I'd hopefully update this every week, for those whose advice I take and profit from I'd plan on giving back in some form as I reach milestones (100k, 200k, etc). Of course if it all goes south you'd just have to accept my gratitude
Any suggestions/constructive criticism is welcome!
Turning 50,000 USD in 1M USD in just a year is quite achievable if you invest in good projects by researching on their team, advisors and future of the plans. You can only do the maths and take time to look at profoundly grown altcoins this year. You will get the idea, and it helps you understand better.
I think you have a good portfolio to make in crypto currency investment. The market for cryptos are really unpredictable but I am confident despite of pumps and dumps in their prices good value appreciation will happen in 365 days so its really possible to attain your 1M goal. I think after what happen in 2017 many people are now looking in this kind of investment
I think you should invest all the money in altcoin because bitcoin is expensive.
Ripple 20%
IOTA 20%
ADA 20%
Waves 20%
Stratis 20%
That way you can easily turn $50k to a million dollars.
Ripple 20%
IOTA 20%
ADA 20%
Waves 20%
Stratis 20%
That way you can easily turn $50k to a million dollars.
Inspired by HR's thread ($10,000 into 1M):
https://bitcointalksearch.org/topic/turn-10000-into-1-million-1936239
Looking for input from experienced traders regarding my coin picks and their fundamentals to see if a buy and hold (with adjustments but not day trading) will be possible to 20x the initial investment of $50,000 ideally within a year. I would like to aim for $350,000, and a maximum of 1,000,000.
Snapshot of portfolio based on today's pricing:
Bitcoin (BTC): 42%
Ethereum (ETH): 22%
Ripple (XRP): 14%
Iota (MIOTA): 10%
Basic Attention Token (BAT): 7%
NEO (NEO): 1%
I don't believe this current portfolio will be able to reach 20X due to majority being established coins that have already moved considerably. Last month's ROI was approx 22%.
I'd like to adjust my future portfolio for the next month to look like:
BTC: 15%
ETH: 20%
XRP: 20%
IOTA: 20%
BAT: 5%
____: 5%
____: 5%
____: 5%
____: 2%
____: 2%
____: 1%
Ideally I'd like to change either my BTC or ETH holdings into the next big project, similar to how HR changed his LTC into ADA, but can't decide for now.
For the speculative ones, I'm aiming for coins with <50M market cap with good fundamentals.
I'd hopefully update this every week, for those whose advice I take and profit from I'd plan on giving back in some form as I reach milestones (100k, 200k, etc). Of course if it all goes south you'd just have to accept my gratitude
Any suggestions/constructive criticism is welcome!
https://bitcointalksearch.org/topic/turn-10000-into-1-million-1936239
Looking for input from experienced traders regarding my coin picks and their fundamentals to see if a buy and hold (with adjustments but not day trading) will be possible to 20x the initial investment of $50,000 ideally within a year. I would like to aim for $350,000, and a maximum of 1,000,000.
Snapshot of portfolio based on today's pricing:
Bitcoin (BTC): 42%
Ethereum (ETH): 22%
Ripple (XRP): 14%
Iota (MIOTA): 10%
Basic Attention Token (BAT): 7%
NEO (NEO): 1%
I don't believe this current portfolio will be able to reach 20X due to majority being established coins that have already moved considerably. Last month's ROI was approx 22%.
I'd like to adjust my future portfolio for the next month to look like:
BTC: 15%
ETH: 20%
XRP: 20%
IOTA: 20%
BAT: 5%
____: 5%
____: 5%
____: 5%
____: 2%
____: 2%
____: 1%
Ideally I'd like to change either my BTC or ETH holdings into the next big project, similar to how HR changed his LTC into ADA, but can't decide for now.
For the speculative ones, I'm aiming for coins with <50M market cap with good fundamentals.
I'd hopefully update this every week, for those whose advice I take and profit from I'd plan on giving back in some form as I reach milestones (100k, 200k, etc). Of course if it all goes south you'd just have to accept my gratitude
Any suggestions/constructive criticism is welcome!
Good thread. Hope you will reach the success sooner. Keep 20-25% in BTC only.And other 20% in BCH. Then you can split like this
BTC- 22.5%
BCH- 20%
ETH- 20%
LTC- 7%
XMR- 8%
Cardano- 8%
Electroneum- 8%
IOTA- 3%
XRP- 2%
Utrust- 1%
NEM- 0.4%
Worldcore- 0.1%
With 50k$
30k for BCC
15k for BTG
5k for EGC
All hold !!!
30k for BCC
15k for BTG
5k for EGC
All hold !!!
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