Turning $50,000 into 1M in 365 days- Buy and Hold possible? - page 2.

Koro-Sensei

full member

Activity: 658

Merit: 103

Quote from: chrusso on December 25, 2017, 01:59:36 AM

Hi, first of all, I'm not an expert, but here's my opinion:

BTC: 15%
ETH: 20%
XRP: 20%

I can imagine BTC and ETH certainly moving forward, those might even go 10 times it's current value. I'm not sure about Ripple, but looks like a good plan as well. Now, keep an eye on BTH as well... bitmain controls most of the market when it comes to bitcoin mining and they have been asking for BCH over and over...

Let me know how it goes;
Wish you good luck;
Chris,

These three are the good coins you may want to invest with for good cause to happen just like the folks that have been wealthy for just holding it like that. The OP may profit more than his money but not totally 10x its value. Youre over exaggerating man. We dont know that yet.

nicolas1979

sr. member

Activity: 826

Merit: 252

Quote from: ZZ727 on December 25, 2017, 01:20:35 AM

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 Wink

Any suggestions/constructive criticism is welcome!

That's good but hold a year need extra money and patience, not every body can do like that. I like your strategy and as long I have money, patience and knowledge how take profitable coin, I'll do that. But how about people like me, little money, standard patience and no skill? need hard work I believe. Combination technical strategy and fundamentals is new for me, but your strategy is amazing. Thank you so much.

Cryptolive

member

Activity: 96

Merit: 10

Quote from: Searing on December 25, 2017, 08:42:00 AM

As an aside, I have a buddy that did this with Verge coin, he was mining as a lark since this last summer. (helped he was a big miner).

He cashed out 1/2 for a cool million to BTC....the other half will get moved eventually for taxes ...)

I, of course, forgot about any such conversation on Verge...alas....another missed boat. (It's a frigging fleet I have of missed boats!)

Rare it is, but possible, usually with an alt pump.

Yeah half of the money goes for tax which is pathetic and I highly doubt the local exchanges pay the large amount of money to our bank accounts. Will they do?

Coin12

full member

Activity: 238

Merit: 102

1st of May

Well, $50.000 into $1M in one year just by holding is quite difficult i think.
I think if you want to get that goal, holding and short term together is better way to get the goal.

LANZ777

member

Activity: 126

Merit: 10

Quote from: ZZ727 on December 25, 2017, 01:20:35 AM

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 Wink

Any suggestions/constructive criticism is welcome!

Wow if that so happen bitcoin will cost $50000 to $1M it's so much inspiring to move forward. I know everybody's excited about this. I can't really imagine how rich l am for that day. It's really exciting even its too hard also to wait but bitcoin is real. As l've seen to my brother the proof that it is real, I'm inspired to have it too. I know that it's going sooner for the price of $50000.l hope and pray to God will bless be this 2018.

RockHenki

member

Activity: 238

Merit: 10

You want to increase your capital by 20 times in a year. I think that in this time with the crypto market this is possible. With such a large capital, I think you should divide your assets into three parts to invest. The part you use to buy bitcoin and Etherum is two coin of high value and stability. The part you use to invest in ICO has good potential, now the ICO communication after the successful ICO are very successful. The rest you can use to trade daily and earn a daily profit from this.

ZZ727

newbie

Activity: 18

Merit: 0

Quote from: mrproblem on January 03, 2018, 08:19:16 AM

Also you can check this topic :

https://bitcointalksearch.org/topic/turn-10000-into-1-million-1936239

It is 10k budget and older than this topic so you can find much more info inside that

Thanks for linking it, although this was mentioned in the 1st post I made in this thread Tongue

HR has just hit his 1M goal, I'd imagine it by 2M before long. His journey definitely inspired my one, albeit I don't have the trading experience he has. However we definitely share the same fundamentals which apply in most areas of investing- diversification. HR mentions in his latest post:

"And I will summarize: aside from having made good picks (which would have been fairly easy as some have pointed out), what made this possible more than anything else is the balanced portfolio concept. Don't forget it!

In fact, my real portfolio, complete with 2 ADA rebalancings to laggards, IS STILL ON PAR with the locked portfolio. Done just as well, and my risk is way lower as a result.

Also keep in mind that at some point, your crypto will need to be rebalanced against fiat."

A DIVERSIFIED BALANCED PORTFOLIO is your best friend and will neve lie to you.

mrproblem

member

Activity: 392

Merit: 24

Also you can check this topic :

https://bitcointalksearch.org/topic/turn-10000-into-1-million-1936239

It is 10k budget and older than this topic so you can find much more info inside that

spring07

member

Activity: 140

Merit: 10

0x5A165891De2a2c8B82c7De19486277e0d5b644DF

I have come to realise that anything is possible in this industry. With the right knowledge, strategy and luck you will get what you desire.
The portfolio is ok, but you can look inward for new coins with great potentials.
You are on your way to hitting your target i believe.
Good luck.

ZZ727

newbie

Activity: 18

Merit: 0

Quote from: OMGyasuo on January 03, 2018, 05:43:50 AM

If you only use $ 50,000 to buy a coin in once and keep it until one year later, I'm sure you will not be able to reach $ 350,000. Not to mention $ 1,000,000. If you want to achieve the results you want, then I think you should invest many times and many different coin.

Quote from: mrproblem on January 03, 2018, 06:15:24 AM

Don't get me wrong but you don't need to keep anything like in percentage.
What is your aim : HAving 1m from 50k in 365 days.
With buy and hold it is possible but it has a very low possiblity than buy-sell.
If you buy and hold 50k crypto with a percentage you need an increase of 2000% in a year.
But if you want to catch buy-sell with increase of 20% for 17 times that means 1.1M USD around.
I think possiblity of catching 20% increase in a week is very high than catching 2000% possiblity with buying and holding a compost of cryptos..

Thanks for your input. A portion of my portfolio will be re-adjusted. In my previous post, I mentioned I am waiting for a good opportunity to adjust my BTC holdings into other coins.

Quote from: micoholic on January 03, 2018, 06:04:27 AM

Why you didn't include RaiBlocks (XRB) in your portfolio? It's value last month (December 2017) is only @ $0.2 per coin. If you look at its current price, which is @ $29.77 you'll easily reach your 1M target in no time. How I wish I focus all of my investment with that coin. There's no way I could earn again another opportunity at this. This is the first time I saw a coin rose higher in just a month aside from Bitcoin which was already given. Well, I like your inclusion of Ripple (XRP), they are performing well lately in the crypto market and might gradually increase its value this year.

Missed this one but I’m sure there will be more XRB types in the future, hopefully will catch one!

mrproblem

member

Activity: 392

Merit: 24

Don't get me wrong but you don't need to keep anything like in percentage.
What is your aim : HAving 1m from 50k in 365 days.
With buy and hold it is possible but it has a very low possiblity than buy-sell.
If you buy and hold 50k crypto with a percentage you need an increase of 2000% in a year.
But if you want to catch buy-sell with increase of 20% for 17 times that means 1.1M USD around.
I think possiblity of catching 20% increase in a week is very high than catching 2000% possiblity with buying and holding a compost of cryptos..

micoholic

newbie

Activity: 56

Merit: 0

Why you didn't include RaiBlocks (XRB) in your portfolio? It's value last month (December 2017) is only @ $0.2 per coin. If you look at its current price, which is @ $29.77 you'll easily reach your 1M target in no time. How I wish I focus all of my investment with that coin. There's no way I could earn again another opportunity at this. This is the first time I saw a coin rose higher in just a month aside from Bitcoin which was already given. Well, I like your inclusion of Ripple (XRP), they are performing well lately in the crypto market and might gradually increase its value this year.

zergenyt09

full member

Activity: 297

Merit: 100

Quote from: SuperPower on December 26, 2017, 10:01:18 AM

you can add more coins into this list.Waves coin Dent coin Mobile go coin is would be good choose for your investment.

1 million dollars is $100,000 which means exactly 5 to 6 Bitcoin. not now really as the price of Bitcoin is falling down but few days back it was almost $19,000 and honestly those who invested in it in the month of June or July and bought at least 10 of them at that time would have experienced being Millionaire by last week. The best is to go with BTC first instead of investing in any alt coin. Diversify but keep BTC at the top of the list.

OMGyasuo

full member

Activity: 149

Merit: 100

Quote from: ZZ727 on December 25, 2017, 01:20:35 AM

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 Wink

Any suggestions/constructive criticism is welcome!

If you only use $ 50,000 to buy a coin in once and keep it until one year later, I'm sure you will not be able to reach $ 350,000. Not to mention $ 1,000,000. If you want to achieve the results you want, then I think you should invest many times and many different coin.

Caladonian

hero member

Activity: 1302

Merit: 540

Quote from: matico on January 03, 2018, 04:18:14 AM

If turning certain amount of money in to millions are possible, everyone in cryptocurrency will be a millionaire by now! Making money in this game go way beyond wishing and thinking it. You must take the neccesary sacrifice and really understand how crypto work before you can start to make money from it!

That's the key, knowing what you are doing inside crypto will surely give you chances to grow your money, but if you are just new to this game better
to think wiser, a lots of successful people benefits inside crypto but more than that are those who fell into a trap, crypto is not an easy venture better
to have a lots of time to study and do a research.

matico

full member

Activity: 504

Merit: 100

The Standard Protocol - Solving Inflation

If turning certain amount of money in to millions are possible, everyone in cryptocurrency will be a millionaire by now! Making money in this game go way beyond wishing and thinking it. You must take the neccesary sacrifice and really understand how crypto work before you can start to make money from it!

zircon

member

Activity: 117

Merit: 10

I think that your portfolio is too huge. you will be hard to follow the market and control them. in my opinion, you should choose 5 to 6 coins to invest. my advice is BTC, ETH, CTR, PKT, Bitclave and Neumark

ZZ727

newbie

Activity: 18

Merit: 0

Happy new years everyone!

https://imgur.com/a/B2vt8

Week 1 update-

Main "bluechip" portfolio
BTC: 27%
ETH: 18%
XRP: 21%
IOTA: 8%
BAT: 7%

Speculative/YOLO portfolio
POWR: 5%
COSS: 4%
PRL: 4%
1ST: 1%
STX: 1%

I injected approx $6k into the portfolio to boost the speculative section since I made the post and feedback. Waiting for BTC rise before diversifying that further. Overall, it's been about +40% increase from past week mainly thanks to XRP's insane rally and ETH coming back up again. Good start to the year no doubt, but as someone pointed out the first week of every year seems to be a bull run followed by a substantial correction. Will update in another 1-2 weeks. Hope everyone had a new years!

Edit: Will need be on +25-30% ROI/month to hit the max 1M goal in a year, and +15% to hit the lower goal of 350k. Fingers crossed!

tavuhoaison96

copper member

Activity: 47

Merit: 0

Stake-Primedice

Bitcoin (BTC): 42%
Ethereum (ETH): 22%
Ripple (XRP): 14%
Iota (MIOTA): 10%
Basic Attention Token (BAT): 7%
NEO (NEO): 1%
You havent choose BCH(bitcoincash) i think bitcoincash will be a good choice . and LTC(litecoin) too . my advice " change BAT to LTC , and IOTA to BCH" thanks

happy winning and earning.

ZZ727

newbie

Activity: 18

Merit: 0

Small update- bought 3000ish POWR. Did some research- a bit below ATH, ~300M market cap, interesting concept of sharing energy using blockchain tech, has backing from Australian government and a good team (whose LinkedIn profiles seem to check out). It's tanking more but will hold this one and see where we go.

Currently waiting for a better opportunity to trade some of BTC into alts, have about $3k of discretionary funds to pick up other alts that have been researching.

Topic: Turning $50,000 into 1M in 365 days- Buy and Hold possible? - page 2. (Read 831 times)