Bitcoin Forum

Hi Guys,

As the post says I have £10k which I would like to invest with the hope of doubling or tripling said amount in a short space of time. Month or so perhaps?

First of all is this possible? I am looking for guidance on the best method to do this? Preferably on one or two coins only when the price is right.

Many thanks for your guidance in advance.

With cryptocurrency what you've requested is possible, but no one can assure of the time period required for the same. Sometimes the investment can get doubled in a day's time, sometimes the time period can be long. From my personal choice, €10k is good amount for investing. All that required is finding the right asset. You can give priority to top order cryptocurrency as well as new launch of projects. Try to buy at the pre-token sale, and by listing you can expect the outcome.

It is possible but you need to have a good sense of analysis for altcoins. But if you want to have a better chance doubling that or at least making a quick profit from that capital, bitcoin is the option that many would tell you including me.

But first, how long is that "short time" you're describing. Because investing in bitcoin should be determined by the investor how long he wants to stay but most likely it's best for long term but, you have minimized the risk.

This might be your best chance to lose that 10k quickly. You are too eager to succeed and the end result is always a failure. It is certain to do such in crypto space due to its volatility and otherwise can also happen. Besides, you don't have what it takes to get such a result since you are seeking for method or approach to use. Sit down and relax, study the rudiment and acquire the knowledge required to trade safely in a volatile market.

definitely, possible i believe most people do that also

Definitely possible, especially within a month. Just that the difficult part is going to be finding a coin that could potentially give you the profit amount that you want. Not particularly updated with altcoins though, but if you're planning to just let it sit there for a month then get it back with the profit you want, that may also turn to be quite difficult since finding coins that have the probability to grow like that is rare. If it was daily trades waiting for short pumps and dumps, then it might be possible and you can easily do that with any coin, but the amount of time you'd spend daily to do that would increase.

It *might* be worth investigating the "gamestop" style short-squeeze opportunities that currently exist in crypto?  Read up on how the r/wallstreetbets shafted hedge funds in Equities, then take a look at current over-shorted tokens? (there's at least one I've heard of - you can find these out by looking at how many tokens some exchanges have allowed their users to lend - one in particular has lent more than 100% I think)

Probably the old adage applies - the highest return opportunities will usually carry the highest risk though, so do a *lot* of research first - your £10K profit is always going to be someone else's £10K loss!!

In the bull market, you can have many opportunities to x2, x3 your capital. If you don't use leverage trades. With leverages, fast comes, fast goes and if you only are greed and don't protect your capital, your will lose all even you x10 your original capital.

Quick, forget it. Think of it will make you greed and make wrong decisions.

Sometimes you buy a good coin and it rises instantly after few hours or few days. But sometimes you will have to wait few weeks or months to see it gives you x2 or x3.

Quick and easy will bring you to scam projects.  :D

It's clear from question that OP is not an expert traders and new traders must not invest such huge amount straight away rather spend some time in learning the trading. Crypto trading is not that much easy.

But you can check ARCONA project:

https://www.coingecko.com/en/coins/arcona

With a bit of luck, you'll double that in a week

Everyone talked about how "possible" it is, but nobody talked about how unlikely it is. This is an unlikely situation, of course if you invested at the right time and waited you would have made that much profit, it wouldn't have been that difficult, hell even a year ago would have been a right time to invest and you would have made 3x in a month last year, but this year things are a bit different.

We have already increase more than 10x in bitcoin compared to last year, so it would not be easy for me to say that you could find a 2x or 3x in any currency. Can it happen? Sure, the other day chilliz made 5x in a week, so it is possible, but you could also get in after that and just like everyone else who did it, you could lose a lot of money as well. This is why I think it is quite obvious that there are people who could make profit and could lose money, and when it is this high, making that much this quickly is more unlikely than likely to happen.

I am not saying that this is a ROI that you can't achieve, but you should pay a lot of attention to scam and shi*coins before risking in investment.
Quick ROI means also high risk! It's full of new coins listed and good project but is always difficult make a wise choice.
About NFT and similar you can find some hiding gem, but the market is very big, and best pieces have been bought for higher amount then 10K...

First of all I am going to talk you about the btc dominance right now. It’s still around 60% right now. And meanwhile many alts are doing great and achieve  already double triple  even 10x. So can you think about when the btc dominance will go lower in near future? Altcoins will be boom..

So all the potential coin will do their best just you have to wait to get the chance. But we can not say whit will do first what will do late. Choose some potential altcoins and invest in it and wait.

* People can not gain a good profit despite the bullish market when they are impatient / panic. So avoid these things I strongly hope you can do it.

It's entirely possible however as everyone have said, you are most likely going to end up losing your funds especially if you've invested on a shitcoin whose hidden agenda is only to make money out of other people's pocket. Sure, there are lots of potential altcoins or tokens that can give you a decent amount of profit however it could take a lot of your time researching for development team, their whitepaper etc..

I think the key takeaway here is to outsmart them in a  way that even if their project seems to be legit, you need to have their token dump as fast as possible after they've listed it on a specific exchange. Once you have done your due diligence, get out of the trade once you have make some profit even if it's just x2.

Etheruem is still a good spot for investing on. It is around a deep from yesterday's bitcoin deep. You can invest in it for the longtime but short time investment for cryptocurrency is not assured. So I will advise you to be careful and not invest in shot coins.

Even if it already went up exponentially in recent time ( it is 42x the price of an year ago)  I would "gamble" on Binance coin because CZ, the CEO of Binance, has announced that the 15th BNB coin burn will take place in about a month answering to a Twitter question about when the next coin burn will take place.

Ethereum is good coin but again it's impossible to get doubled or even tripled in the major coin just in a month.
he was looking for a short term investment that can give him 2x - 3x and this can be reached through investing in the new legit ico or buy the undervalued coins that are not yet pumped.
This is the most difficult thing to pick which one is the best. I personally will pick the legit ico especially when it was getting launched on coinlist.

Yep it is possible to x2 or fund if;

- you selected the right coins
- accurately read the technical analysis
- made a good timing buying entry

But make sure you are ready for all the consequences since market is volatile and unexpected ways are always present. If I were you, aiming profits quickly shouldnt put into your mind  but "just enough goal profit" until you reach it as those rapid returns is very risky.

There are some coins that can make double or triple your profit in a short time but we don't know which coin would be, mostly that can pump in a short time are the new projects and it's very risky. This is difficult you know because no one can predict it but only holding a coin for long term that could possibly make you earn double profit. If you willing to hold for long term then I suggest to invest in the top altcoins like cardano, polkadot and binance coin.

First of all, it's possible to make that much in current bull market or any market and anyone needs to be keep updating with the ongoing events. So, it's better to take short trades according to major events or kind of FA. As of now, TFUEL is good for me as theta mainnet 3.0 will be launched on April. And it's already pumped up from my entry points. This is just an example for making trades to make 2x or 3x of those initial investment. So, it's best to take any trades according to major events instead of sticking with one or two coins/tokens, IMHO.

Yes, it is very much possible to gain your desire amount. You have a good amount of capital and you will be able to buy promising altcoin. I will suggest you to buy STC and ADA if you want to 2x-3x profit within short possible of time.

So are you ready to lose $ 10k in a short time, to earn $ 10k in this market you have to accept to lose $ 10k without any regrets, that is an inevitable rule that not everyone understands. High profits will come with greater risks, if you want to be fast then I think that one day you will soon lose all your earned money.

But are you also ready to x2-x3 Losses if chooses a wrong coins?

if not then Forget about your plan because those who looks for quick income turns out losing quick than gaining.

https://i.imgur.com/M96JwhU.gif

I would recommend you to invest in BELLA PROTOCOL.

https://coinmarketcap.com/currencies/bella-protocol/
this coin has a great developer and solid team, as you can see in their whitepaper, this coin has a very great and promising project in the future,
they already have some cooperation with another developer such as ARPA, etc.
its already 350% rise only about in 5 months, i really want to recommend you to invest your money on this altcoin, hope it can be helpful for you !

Yes, that is very possible. The world of crypto is after all a wild wild west. But what is not possible is to name that exact coin or token which would give you what you are asking, a quick x2 or x3 of your money.

The only way to know if a coin or token is that exact one is to risk investing on it, wait for a month or two and see how much is made or lost.

It is about risk. The question is, are you willing to do just that? If not, then say good bye to your x2 or x3 in a month or so. If you are looking for the smooth, easy, and certain way to make quick money, there is no such thing.

In 1 Month? it can happen in cryptocurrency. especially if we see a bullish trend if it continues you will benefit from altcoin investing. With a note that for now you are right in the selection. many misunderstand that choosing an altcoin is easy. that's wrong. So it's better now for you to first research on CoinMarketCap along with the altcoin concept you want. DeFi or other Altcoins ?. Looking at the current trends that people are interested in DeFi, I think it could be the right option

Yes you can x2 and x3 your money with crypto currency but its not easy to do like instantly..especially within months? Uhm it's impossible in my opinion.. Because to be honest mostly successful investors nowadays took not just months it's years! just to multiply their money. .  So we aren't sure if you can do that in such short of time. Perhaps unless you found an alternative coins that will gradually rocketed like constantly during this bearish of btc, or if you can wait until the bottom of btc, because surely will jump back again to the ATH.. But still only for long term..  ;)

It will be very hard to be achieved in this bearish trend. The only possible thing for the coin to go down and almost all of the coins already surpassed their old all-time high. Im thinking of OP should go for the something new.
Making 2x return is very hard to be achieved right now, dude. Even when you are using major coins as an investment and you will get nothing.
The only chance to bet on the shitcoin but this is a high-risk high return.

In this bearish trend, @OP can buy bitcoin for £7k, and the rest of the money to invest in altcoins such as ethereum, bnb, litecoin, and many more.
He needs to determine the money that he will use to invest in altcoin because he has so many altcoins that can increase later and not just for 2x or 3x.
With doing research, I am sure he will find the coin and start to buy before the price rises again.
But if he only needs two coins, I think buying bitcoin and ethereum will be enough right now as bitcoin and ethereum are at a low price.

If you're skilled enough you can do day trading and that can be an easily x2 profit if you're lucky enough but if you're not confident with your skills and knowledge about the market, then I suggest to start on learning first before putting that big money into this market.

You can used at least 1% of that capital for your learning materials, and that can become more worth it in the future. Newbies always tend to look for an easy way to make money, this is a big fantasy until they experience worse things about this market. Invest on good projects, though it is still not guaranteed that's why you need to diversify.

Although this statement is true I would advise to reconsider daytrading when your question is how to double or triple your money. Most daytraders lose money. If your contemplating it, then slow and steady wins the race

Highly advise to research StoBOX $STBU
$STBU staking launched wtih 150% apy! Also sto exchange release this month! I'm very bullish on Stobox. The best looking Uniswap gem out there with working product and prominent team. Also the biggest influencers apped. Send it
https://stobox-platform.medium.com/stobox-weekly-report-11-15-03-21-03-3108b4734f7

Newbies always looking for a quick profit well, that easy money comes with a big risk so make sure you are ready for that.
NFT tokens can easily reach that quick profit, but you have to move quickly as well so you wont get burned out. try to search about THETA, CHZ and ENJ, they are still cheap and can make you an easy profit, not a real investment advice though so you have to DYOR.

If you are planning to spend some of that money for long term, I can only suggest the top projects like BTC, ETH, and BNB. I'm sure if you are holding this for the next 2 years, you can get an easy 50% profit or more, that's possible if you are willing to hold for years. Newbies have to start learning the market as well, and don't just buy directly without making plans, that's a big risk and for sure you don't want to experience big losses.

Yes it is possible to double your investment quickly but you have to be fully focused on doubling your money. I’d suggest for you to do daytrading and of course do some research on which coin you want to invest it to get the amount of money you want in a short span of time.

I do know of a lot of people in defi making 2x and 3x almost in a few days and just rolling it all over,,, but I have seen this pattern before of course in ICO days and these guys will all lose it when everything drops. The "smart" ones will get out soon before the peak hits and they will not regret missing out ATHs as they can already lock in 2x and 3x many times over.

This is gambling and you only lose in the end.

Make sure to be ready also for x3 losses mate?

This is not a Milking pot in which you can just put your glass to collect milks , This is cryptocurrency market that we know how Risky it is.

So best to at least Invest in most trusted and ranked coins and never seek for such "QUICK" profit because as my experiences tells me ? the more i ask to earn is the more i lose the funds.

I have so many options that can make you profitable in the future if you trust and listen. Use this amount and choose one of the coins on this list: ETH, BNB, DOT, XRP, LTC, LINK, ADA ... they are all coins that will help you x2 x3 binance within 1 to 2 months, as long as I have confidence, I think what you want can completely happen.

No one knows what coin will be the next 3x or 100x, if you say it is for investment its mean not quick gaining profit, investment in short term means at least 1 year and long term can be consider for 10 years. But how if you check student coin and its roadmap. Its cool

If you make the right decisions, you can make huge profits. But finding the right coin is not an easy task, because when a coin becomes 2x 3x, it is a difficult task for normal traders. Since you came to the crypto market with the idea of ​​making a quick profit, there is a good chance that you will make the wrong decision and you may lose your funds.

So my advice would be to go to the pump and dump in the hope of quick profit, instead of losing your money, you can research and find a good project and invest in it. Currently many good projects are coming in the market and performing well due to the good condition of the market. It may take a little longer to get a good amount of profit, but you can protect yourself from big losses.

Anyone has different views about which the perspective of how long what we have called that as short or long term investment.
If we didn't analyze the coin and we will never know which crypto that has a lot of potential to go to the 300% increase or even more.

When people are choosing it as a short term investment and that means his investment must generate profit in short term.

It's much hard to know which coin has potential to show that kind of performance in short time of period. If we make investment with long term perspective than we can keep hodl when we really in which project we are going to put our and how big potential it has in long run and it make us less panic as compare with quick goal.