Topic: Turning $50,000 into 1M in 365 days- Buy and Hold possible? - page 3. (Read 831 times)
Turning $50k to 1m in a year is difficult but possible. You need to choose the right tokens/coins that have possibilities for big pump. It could be more possible if you trading yours to multiply your money faster because the volatility of cryptocurrency can give you high profit in a short time by trading but very risky at the same time.
It is possible but choosing a good coin is very important to achieve the target. There are so many coins that has a great chance to pump specially the new coins from ICO.
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!
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 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!
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.
I like the ones that you have picked. They will treat you well in the long term, but to reach $1M I think you will have to go after some of the lower coins that have the opportunity to Moon next year. But your portfolio seems stable and it probably wont be 365 days but eventually it will get there imo.
My advise would be invest 10% of your stake on coin which are new or to be precise coin which comes in lowest price range like BAT,NEO which has chance to sudden rise or sudden fall.Next 15% in upper price range new coin like dash and 25% in ripple,monero,IOTA.20% in Bitcoin cash and Ethereum for sure and remaining amount in Bitcoin.The key of 20x would be rotation.How good you rotate your investment in different coins and Patience.
in one year if you spot the right coin/token it's really possible, but if you observ the market and manage right the entry timing you can get 1M in less time, instead of searching a 20x you can easyly find 5 2x
You heard about DeepOnion? It's the best way to take extra cash. If you invest 50k in Onions, you need only 2000% grow. So when DeepOnion will cost 80$. You turn 50k into 1M.
Of course it is possible, even in a shorter time. It's just 20x. Some coins do it in a couple of weeks 
If Bitcoin could get 1k to 20k within a year, then it is very much possible. You have to choose a few good coins. I think you should include dogecoin in your list.
I could be wrong, but I think that if you want just buy and hold coins (and get x20 or more), main part of you investment must be in coins with small capitalization.
If you really want to make that into 1M in 365 days then it is more possible for you to just do trading and do not depend on the strategy of buy and hold bitcoin it will not work since the market of the cryptocurrencies are volatile so you can either get a huge profit or a huge loss which is very common to happen in this type of market so if you really want to take advantage of the volatility then be a trader and get a possibility to make that capital into 1M.
Your idea is really good and it is possible to make 1 million from the capital of around $50,000 in 365 days just by investing and holding it. Also saw the discussions and replies in the HR's thread and it was really inspiring. So let me come to the matter, if you are investing to get 20x returns in a year then make a portfolio with high investments in altcoins and average in Bitcoin and other major coins.
If you ask me then i would say that Invest 30% alone in Bitcoin and Ethereum and then 50% you equally invest in the Altcoins which are capable and have that kind of big potential to reach your expected returns in 365 days, something like Litecoin, IOTA, Monero, Ripple, BCH, Neo, Waves, etc. And then comes the remaining 20% which i request you to use for Cost averaging and Money Management Techniques if there is any kind of bad entries has been made or in case if you want to add quantities in them .
If you ask me then i would say that Invest 30% alone in Bitcoin and Ethereum and then 50% you equally invest in the Altcoins which are capable and have that kind of big potential to reach your expected returns in 365 days, something like Litecoin, IOTA, Monero, Ripple, BCH, Neo, Waves, etc. And then comes the remaining 20% which i request you to use for Cost averaging and Money Management Techniques if there is any kind of bad entries has been made or in case if you want to add quantities in them .
you can add more coins into this list.Waves coin Dent coin Mobile go coin is would be good choose for your investment.
You can not turn $50k to $1M in 365 days. On the contrary, market actually have potential to turn your $50k to $1M depending on your strategy, your buying price and how long you can hold your position!
First of all I'd like to state that except for bitcoin I do not hold any significant amount of the coins OP has invested in, so I'm not biased at all FYI. It's very hard to tell if you will be able to reach your goal with the current altcoin picks and the amount invested. The current portfolio looks an awful lot like a standard slightly diversified portfolio and contains coins that already reached a lot of their potential (this diminishes the chance of 10-20x gains on your investment). Reaching your $1M with a 'mere' $50 grand invested certainly is possible but you will have to step up your game and become a little bit more opportunistic. This can be done by looking for low cap coins with 10-20x potential in the near future. Only time will tell if your current portfolio will seal the deal.
Absolutely agree with this when reflecting on my portfolio. The reason it’s at the current state was due to investment in BTC in 2013. I didn’t start alt coin investment seriously until later half of this year and realised I actually have a substantial amount invested now because of how it’s grown.
I am trying to diversify into alts, but have been a long time believer in both BTC and ETH which is making it hard for me to trade these for others. Hoping to get ideas and integrate it to my own due diligence.
Will be doing some rebalancing and new investment before new years and update when I've done it.
I think you can stake more money on the ETH than BTC and hope for the best outcome in the next year. For your investment you can also try out social coin, jibrel network, indahash etc projects which are newly formed and have already shown the great developments earlier this year. They are completely new, no matter what but they are still working on the projects and could be next potential coins. I’m sure you will consider them into your portfolio after looking at the project details and updates. The new addition is important for the sake of new odds and the old one can be trusted with more stakes on them. Your portfolio is good no matter what but try to add up newly formed projects. :-)
Well,it sounds pretty ambitious but attainable, I will advice you to search for very low supply coins with solid teams and a solid project buy them and hold.2018 is the year of most altcoins, projects will be nearing completion and we will see massive utilty and adoption of these projects too. So buy buy and hodl
That's really a huge target mate road to 1M will be a great challenge, lots of research which is needed to be done, I'm sure it will be a swing venture but if you have a lots of time then everything will be good to go, just find those quality project and also try to have some good ICO project.Investing on bitcoin alone it may become possible as he wish bro. Most of the traders are now holding the bitcoin price fluctuate more in the price chart. I noticed that many people expect the bitcoin value would be touched that 20 to 25k USD in the next year first three months.
So I am sure it turns to 1 million usd but however, it is some how 50% and more profit with this investment. Don't divert alts when you are aiming big profits.
OP, it is difficult, but possible.
What you will have to do is contribute enormously to one of the coins you invested in. If you are a programmer, you would have to make such a great contribution that your altcoin succeeds within 1 year to reach 20x valuation.
This is extremely difficult, because teams already have roadmaps and project management. Making that much difference as one programmer (if you even have the skills), is very hard.
The one thing you could contribute is marketing. I believe that one individual, who is a stellar marketer, could change the valuation of an altcoin 20x within one year. Most crypto fans are NOT good marketers. It takes a different set of skills. High-level marketing is as difficult as high-level programming, but in this case, one person COULD make a difference.
Working full-time for 1 year as a marketer for a carefully selected altcoin - maybe. It will still be risky and difficult. In my opinion, this has the best chance for turning 50K into 1 million within a year.
What you will have to do is contribute enormously to one of the coins you invested in. If you are a programmer, you would have to make such a great contribution that your altcoin succeeds within 1 year to reach 20x valuation.
This is extremely difficult, because teams already have roadmaps and project management. Making that much difference as one programmer (if you even have the skills), is very hard.
The one thing you could contribute is marketing. I believe that one individual, who is a stellar marketer, could change the valuation of an altcoin 20x within one year. Most crypto fans are NOT good marketers. It takes a different set of skills. High-level marketing is as difficult as high-level programming, but in this case, one person COULD make a difference.
Working full-time for 1 year as a marketer for a carefully selected altcoin - maybe. It will still be risky and difficult. In my opinion, this has the best chance for turning 50K into 1 million within a year.
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