Bitcoin Forum

Started this 1k to 10k challenge in 20 days, Now I am thinking about getting into meme coins or nfts. Heard about dogechain but not sure how that sh* works, will have to check them out and get my money out before they get "HACKED"

Up 4.4k already on day 11
https://twitter.com/shorterprince/status/1560339398050414593

Good luck and congrats.

I don't know if this is the trend but anyone who pushes into challenges for profit is a hard thing for me.

You're giving yourself a due date just for you to cope with this challenge. So far, if that's the amount that you've made then you're doing great.

I don't have a twitter account and don't like googling all around to find out what your post means. May you explain a bit for newbies like me?
Just telling somewhere to have some gains doesn't mean anything to me. This is the trading Discussion in a bitcoin forum. I need somewhat like a bridge, I think ...

You’re pretty close with your target and it’s really good to have this every time you trade but better not to put too much pressure and just focus on your trading plan.

I don’t know why meme token is getting another hype right now but if you do with your analysis on that one, then do it beside you’re the only one who knows where to put money here and you have to believe on your own strategy, good luck and hope you can still achieve that $10k profit in just a short period of time.

Nice. It would be more fun if you could please share more information, especially screenshots of your entries, exits, and profits. Some people don't do twitter here. For example, your challenge is already on day 11 out of 20 with a profit of $4.4K. We don't know how you started and how you got there. We don't know your wins and losses etc.

would be interesting to see also is what coins or tokens was he trading when he got those profits? it is no easy to get profits if you are dealing with uncertainty about the coin. i hope the OP will post here the results after 20 days, and let's see if he achieved his targets. not many can continuously gain in positive manner. it would take work and strategies to even gain the 1k profit.

Even making that $1k of yours turns out to be 2k does signify that you are doing great and this one turns out to be 10x of your capital on just 20 days which is something that not everybody or anyone could pull it off

easily thats why stick into your own ways and methods because you are showing off some progress and op shouldnt really always forget about setting those risk management thing.

Not all the times you would really be ending up on being profitable thats why always set out goals and target so that you wont really be that messing up later on.

That’s a hard challenge especially now that we are still on a bear market but it looks like you are good enough in trading since you are able you triple that money in a short period, few more days and I hope that you will not be disappointed if you didn’t make it since you still make money and that’s what matter here. It’s really advisable to have your own analysis every time you do trading, better not to relay on any trading signal because its too risky.

Trading in meme coins and NFT may be very risky because the price can pump and dump so easily. But, high risk, high return. Sometimes, if you have been familiar with how these kinds of shitcoins or meme coins working, you can really take the advantage of the dump and pump price. Moreover for this may be promising enough for short-term trading, but not recommended for long-term, because this is too risky.
Once more, this way of trading is only for a high-risk taker. Not all people are brave enough to take this such risk. Many people may say about only investing in Bitcoin or top coins. I also agree with this thought. But, I also annot balme the one who take prfoits from day trading or short term trading on meme coins or otehr shit altcoins, because in fact, they can earn so much money from it.
However once more, this trading strategy may not be suitable for beginers, because this is too risky.

Almsot there, dude. Good luck

Since you are doing only tradings, I think you stick with it for now. No matter what pairs you are trading even shitcoins/meme coins as long as you are still applying your trading skills or knowledge there like doing some technical analysis, especially on the charts, it's all good for me.
You started really well you must stick with it for some time because it means you are doing the right things.

You don't need to have a Twitter account to view OP's tweets.

It's a road from 1k to 10k challenge. Basically OP trading around to hopefully get to 10k USD.

While this day11 tweet doesn't show the positions, the older tweets has them.

I have never been a fan of these kind of challenges and the reason is that we cannot dictate the amount of profits we can get out of the markets like that, what if the market remain almost static during that time? The only way to reach whatever goal we set for ourselves will be to increase our exposure to the market and use a bigger portion of our capital or to use leverage.

Not only that even if it is possible to produce profits as high as the ones as the OP wants to reach this only creates the image that something like this can be done at will and it is not true, so while interesting I would advise against anyone following the footsteps of the OP.

Is the challenge limited to Bitcoin trading or any type of crypto trading? Indeed, it is rare for anyone to succeed in achieving such a profit, and it is difficult to guarantee this permanently, but to celebrate such a victory does not require that you create an altcoin or token.


Maybe NFTs will be suitable, Opensea's platform makes these things^[1] easy even if you don't have a tech background.


[1] https://support.opensea.io/hc/en-us/articles/360063498313-How-do-I-create-an-NFT-

I don't think create a NFT is easy, I mean not creating the token, but the art is. It's need a time to spent until you've finished your work with all the best you can. Since it's about trading, I think he will only buy someone NFT and wait until there's a good offer. The thing is, NFT trading is way more difficult than the fungible token.

I'd like to know how you can earn big amount in just 11 days, I think you're trading using a non popular coins isn't?

Yeah had the same idea, I 100% document all my journey on twitter. entry, exit and daily update. Whatever I lose or win.

I hope Op could really share his specific strategy because we all know that everyone couldn't be that lucky but if there's any specific strategy to apply just to succeed in the said challenge, it will surely help many traders who want to earn the same way. I'm also curious about the coin that he's been using to increase his gains. It's my first time hearing this challenge, to be honest.

Oh C'mon tell me you are lying? Even the best of traders cannot make 10x their money in a matter of 20 days. In fact, the best would say that the Average ROI per month would at a max range somewhere around 50-60% for best traders and here you are challenging 10x money in 20 days. Sounds more like a wishful thought to me. As a lot of people have mentioned can you please put up screenshots and information about each of your trades? because then it still looks believable otherwise even I can update edited screenshots of me making 10k in 10 days.

I have previously observed many similar challenges and not all of them ended as originally planned. In order to increase your deposit 10 times in 20 days, you will have to neglect the basics of risk management, which increases the chances of losing your deposit. But in any case, I wish you good luck, as nothing else can save your deposit.

A very weak attempt to increase your followers and make them join your discord and scam them. Based on one of the comments I assume that you are selling trading "classes and courses"? The screenshot you provided proves nothing.

And why would invest in meme coins and nfts if you are doing well with regular coins since it will only make your trading riskier. And worst part is you are trying to promote a coin that you know might get "hacked". Try shilling somewhere else please.

Isn't this rather difficult? I think you'd have to be extremely lucky early on to be able to actually make something happen, otherwise, your initial deposit just droops down to oblivion. Good luck though, you're already up close to halfway, might just make it with a few lucky trades.

Meme coins and NFT's may be riskier but it also opens up a bigger opportunity for profits. It's why it's rather famous for newbie investors since the pumps and dumps in those markets are big, so taking advantage of them can prove to have profits in the short term (but ofc, not in the long term). Additionally, I think OP is just joking or memeing around since it isn't exactly weird for an altcoin to rugpull saying they got "hacked". Not to mention I don't think he's actually promoting it or anything.

Big profits also provide big risks to losses. But for now, NFT cannot be a recommendation because most NFT protections are still stuck and tend to go down, this will cause your money to be held in NFT for quite a long time. As for meme coins or some shitcoins, bitcoin prices are still affected and currently bitcoin is still in a bearish position. If you really want to get a quick profit, use a lot of capital and do scalping, that is also on the condition that you must be able to read the market well to take advantage of any bounces or price fluctuations.

I've seen saw many social media trading challenge and I know mysef that I can do it too because their challenge has commenced during bull market. Doing a trading challenge like this on a market situation like this is rare in my experience and it's what make it amazing because let's be honest, it's much more easier to trade on a bull market than a bear market season. The most notable thing about this challenge is if the information is true that the trader is trading meme coins and nft, it would be amazing because of the possessed risk of those assets.

indeed the first moves are the most important ones, if you're not profitable then you'll problaly not make it

Don’t get into memecoins or unpopular NFTs if you love your money .
I mean if you have experience and courage to take risks, then definitely you can go but it’s very much risky.
Also it’s tough task to convert 1k to 10k in 20 days, but still I will wish you good luck OP.
Just keep a note of all of your buying and selling coins, and post it here after you complete your desired target.

Yeah created the twitter to document everything, about the NFTs and the meme coins I am not too sure but I am in a few twitter groups with influencers pumping these shit coins but honestly it looks like they are losing more money than they are making

It only looks hard due to the current situation we have right now but he made it look easy there because in just 11 days he already earned 3k of profits. He still have 9 days left to fulfill his challenge. Let see if he can earn much faster than his previous sessions. We aren't sure yet that once this challenge is over he will be left with something but what if he loses it all?

I guess that won't still cause him a disappointment since he is only doing this for a purpose, for the challenge. We don't know if he only relies on himself or he seeks help from the others or from those signals but there is nothing wrong with that as long as the results is positive.

Generally the way it works is like this.

Someone starts some $1K to $10K challenge or so. They post everything live and not in hindsight. Sometimes they get lucky and usually make it to the end. Then they usually have some "If you want to see me turn $10K into $100K, join my paid group".

The way the scam works is that when they start with $1K its usually with demo money. Or if they live stream it, they usually have another account to hedge their trade. So even if they lost the $1K, they would make $1K on their hedge account (minus trading fees).

I hope you will know when the hack is about to come so you can pull out your money before it. But to ask you why to choose NFTs where it is to know that it was a shitcoins. You are really at risk of losing if you fail to withdraw/sell your NFTs early after the hype is over. I guess you need to diversify your plan and instead, go for valuable coins rather than these shitcoins.

Well, I hope you've gonna make it, and good luck with your challenge. It is still far from the targe.

Lol.. it's funny, but you are totally correct. Because that's usually the first strategy they begin with, and as time proceeds come up with a paid membership subscription income generating scheme, of which most times Newbies are always their target victims, who followed up the journey from the beginning and now picking interest to also want to double his/her income 10x in 20days. But however, OP hasn't said anything of such, so let's give him the benefit of doubt to see how this journey goes. Because I too I'm eager to see the outcome of this.
So good luck..

well if you achieve that target for 20 days then you're really good in trading and of course wh3n it comes choosing a projects to take advantage despite of the situation.

However it will be better if you put or share all your history here in the thread so that we can see  how did you manage to get back from losses and win and lastly it would be better along with your strategy also. we will appreciate that for sure.   :D btw good luck!

I think you are supposed to direct it with this way. Investment with large amount of funds, is applicable or is related to someone losing large amount of funds. So from my perspective investment in cryptocurrency is something you can as well make up your mind either it comes out positively or it comes out negatively.

If you see many collections on the opensea you would realise the art is literally kid's work and being sold at very high prices and many of them are deviated artworks also while some are just mirror copies so in that case it hardly takes any time for that work.Even if you manage to sell some of them before ut gets reported you would make much of profit so it's easy money for them instead of challenge trading.

Don't put your cash in an investment you've a premonition it would crash or in your word, "hacked". It's a recipe for disaster once you think or know that. Why risk it, then?

About your $1k to $10k challenge, I don't know what you want to achieve with that apart from marketing. Is your intention to trade for people or sell them signals? I've seen many start this way and when they eventually make it through to the mark they come back to advertise how experts they're to trade for others. If they don't make it to the mark, they quietly go away and abandon updating their followers. It's not to talk you down. Just sharing my thought. I wish you all the best in your pursuit.

I always think NFT can be sold for a high price because it was a part of the tax evasion scheme. If you read about how art piece is evaluated then you know there is something fishy about them. A young upstart artist got his art evaluated at a high price and later could lower it for the tax break.

Someone has mentioned how this kind of challenge is typical of a shill in disguise for getting people into the crypto signal group. All make sense. You created some stupid ass NTF on paint, set an insane price on the NFT trading platform, and use another account to buy it. Then claim you got money from selling it, 1k to 10k or whatever, challenge complete.

Set profit target for x time is difficult. Indeed, large capital can support you to make a profit, but after all this will definitely be difficult. In crypto not everything you want to achieve in x time can be realized as the price fluctuates, this can happen with bitcoin and more altcoin.

Analysis can help you choose potential assets, but ultimately you have to be prepared for all the market consequences. When the bitcoin price is undergoing a correction, I can confirm that the altcoin will go down following the bitcoin correction trend. So if you like it this way, then good luck.

Me myself did the same thing I make a challenge with the amount of 100$ per trade and of course not all the time it makes a good marketing swing but the total number of trade is profitable good luck and congrats with your journey in this trade it is good if you make a spreadsheet of the position that you open and close so you can share it to the community.

You did above 4K in just 11 days and that’s impressive man! I think you will achieve the goal easily considering your dedications here. Even though you don’t achieve it you are already on winning spree. You should also share the everyday trading data so that we can understand how you did it and what technique you used to do it. That would be inspring for the fellow traders for sure. Keeping the streaks and targets always improve everyone but the only fact is one should have that motivation even if we go down in the streak.  :D

How have things gone with this market drop for you? It must be exciting to take on a challenge, but it would be foolish to do this kind of challenge just to show others that you are capable. Given the state of the market, when coins dump, they don't return to the previous high because everyone is selling their share of bags, and if you are caught on the wrong side of the market, your balance will suffer severely, to be honest.

If you really wanted to know the details, you would have followed the link you quoted, then you would have known that he had successfully completed his challenge ahead of schedule. However, I have doubts about the success of the challenge, since the confirmation charts are selective.

^ You are definitely right and I think OP was very lucky at that time, OP has managed to grow fast his capital.
Meme coins and NFT for me are very risky, some of them completely have shit or it is completely useless. So possible you will get into the trap of those hyped coins that you think are the potential can make a big profit. However, as per your suggestion, scalping is a very nice strategy if the market has a correction, this strategy has been used by the majority of those traders and I think only a fewer percentages say they have been lose.
So OP, good luck, get ready for the negative consequences that will happen.

Meme tokens are quiet active before but right now, there’s no much hype about this and probably you can be trap on that especially with the market status right now. I wonder if OP will continue to aim for more since as per checking, OP was able to achieve the $20k challenge early, I guess he’s really good at scalping since that’s a huge profit in just 20days. Well, there is always risk especially with trading but if you are more confident about your strategy, then I guess you can be good. Waiting for the update of OP regarding his next plan, this could be more interesting.

When hype is over then it would really be just normal that these coins wouldnt really be having that much attention or activity which is something not surprising.For people who had invested
into the peak are the ones who had been holding now considering that the market did make some significant dump or decrease in value.Going back into the topic speaking about some trading challenge or investment then as long you do really see some gains or progress then it does significantly means that you are doing good since not all is really that profitable
or having good results into their investment specially on crypto space.Make yourself considered to be one of the profitable ones.

what about the result of the challenge? it is an interesting challenge. I saw on your twitter on august 26th, you've made it to $10k, that means you've reached 50% of your goal. well, this is a pretty good trading development. although I'm pretty sure that the challenge is quite difficult to do in a bear market as it is today, but in less than 1 month, you have managed to turn $1k into $10k, and in percentage terms, it's 1000%. anyway, good luck with achieving the next target.

source that you have reached $10k : https://twitter.com/shorterprince/status/1563150259991130112/photo/1

I'm not seeing how you do it and what system you have followed. Well, completing $10k in 20 days is not hard if you have the motivation and commitment of doing this, and of course if you have resources.

I'm not saying good luck with your challenge but like to boost you instead. Kinda be interesting and exciting to see the results of this and I see this could also encourage others to do the same and make their challenge as well.