Bitcoin Forum

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Possible, if you can find altcoins which will be increased 10x times within 1 month. If you are a daily trader, just set how many % profit (i.e 5%) in each day until you get $500.

Though very rare and the god of cryptocurrency has to be with you before you can make over 500% in just a month. As a trader I have make 200% in a week but in a long run loses part of it and after reconciliation I do end up around 100% profit. It is very risky and the place you can get $500 from $50 is through gambling if you know on the inherent risk in it.

That's going to be hard to do but I won't say it's impossible. There would need to be some significant fluctuation in price of a coin in that month and you would need to time your trades well. Even then, making 10 times your original investment is a huge profit and would be very hard to do.

it is possible I guess ..but you going to risk a lot ... basically going "all in" every trade ...
I would instead learn more about risk management, capital preservation, etc ...   

Its a bit of over expectation,but still not impossible.It would be possible if you invest in an ICO and when its price rises very high,then you could get profits as per you have stated in your post.You could get profits even more than that.

Yes. 10x profits in one month is possible. But trying to figure out the coin which can make some moves for sure is a hard task. There are no brokers. There are exchanges such as Bittrex, poloniex, liqui and Yobit. Liqui and Yobit are considered shaddy. Also there are pump groups that you can get into. But I won't recommend them as they are risky.

Yes possible but it might sound similar to gambling in most cases. Yes, you need to risk blindly before setting up this kind of 10x target in more quick time frame. Why I am comparing it with gambling means it may have only 50% chances and obviously you may lose all your $50 in between time too.

Targeting 10x profit is not a big deal but your time frame alone seems unrealistic one for me.

Yes you can but odds will be really low, any coins that will jump 10x in price within 1 month can go down within few hours so it will be quite risky and you can even loss those $50 when trying to make $500 out of it.

There is no any simple strategy or guide that can help you to gain 10x profit in crypto world by just trading so you have to be able to do your own research about different upcoming projects to get most out of them.

That is possibly even if a little bit hard. If you have enough time to spend in front of your computer and do manual trading that is very short-term, perhaps a matter of a couple of hours perhaps. Just watch out for those tokens that are probably going to pump and buy. After gaining a limited % sell immediately and buy another one. But you will need some monitoring, a serious monitoring and tracking of so many alts to get the right ones.

I have once turned my 100$ into 250$ in 3 days. So turning 50$ into 500$ is quite possible. Though I made it out of luck and trying that luck again in trading now, hopefully, some of my coins shoot up and make some profit now. The market is turning green today and some of my altcoins are increasing more than my buy value.

You can do it if you find the right coin at the right price and it shoots up which can be a bit like playing whack a mole.  All coins have just had a huge dip so even if you don't make the profit you are looking for you should still get away with a decent %

Thanks, your comment was quite motivating to me because I believe that even some +%age is better than -%age. But in trading sometimes -%age can be a problem if someone did the trade without proper knowledge.

Yes this is very possible. But you have to be very lucky as well. You need to get a coin that is so low and then suddenly it was pump so hard that the price goes 100%. I have seen a lot of coins, specially if they have been just listed on a trading platform. Sadly, I sold mine before it the coin was listed to I miss a lot of profit. Anyways, good luck mate.

Yeah I think it is possible if you could have a nice trading in a month,
Maybe more than that you could also have more than what you are aiming if you are really going to watch it and make some trade most of the time.

You wanna make x10 growth in one month trading in a bearish market? Good luck with that. If you are very new to trading you should invest time on studying  first and then fundamentals of some coins you think are good and have a good usage in the future. You then will try to check the coin's charts and do some analysis. This bearish market is also a good buying time so you should start studying. Too many available stuffs online and in libraries for free.

Thank you so much for your valuable suggestions. Although, I'm not new to trading as I have already done trading  in past, but I have never done trading with cryptos till now.

How it possible to see the bitcoin that value again. You can see the altcoin which costs you buy that in this rate. I see the some people trolling bitcoins and increasing the ETH usage by the step of implementing as smart contracts way. I wish people to utilize their bitcoins to increase the supply of btc.

Not possible for you. If you have to ask I think you have no clue how trading works.
Turning 50$ to 500$ in a month would be similiar to win the lottery.

Who said to you that I have no clue of "How Trading Works" I asked those who have more experience and they like to help. I can feel that you yourself are not sure how trading works. Sorry I don't wanna put you down but I can predict that because of your behavior.

It's possible, simple moreover. Altcoins can hit 10x profits in just 1 day, all you need is to be awake to the markets and find out everything about the coins that you are about to buy, good luck.

I feel like banging my head against the wall after reading such annoying thread titles.You know you don't know shit about trading,if you love your  $50 stay off the markets or cryptos because it certainly isn't for you.
Let me also tell you,you probably have no idea how bitcoin works or what blockchain is.Please use those $50 bucks to educate yourself.And yes,it's possible to tun 50 bucks into 500 by trading but not for you..

It can happen, but you would have to be to lucky to achieve that in my opinion. I think that as a daily trader, getting 1% or 2% on average of your stake as profit is quite good (I'm already discounting possible losses and bigger wins, that's why I said on average). So assuming you got that, you would still be quite far from your goal. I really don't think you should search for such high profits, as they mean risks, and big risks normally end up in big losses.
Try to get a steady profit, and if you can keep it during a few months, just increase your trading bankroll, and you will be winning more.

Yup, all of which he described is very unreasonable. The greatest advantage in the world no one to give a lot of advantages as he said (this is legal). Because all the places in need of a facility and also other purposes to be able to continue to develop and provide the best service. So, think well so later what we get is very appropriate and does not have the level of ugliness after getting those results. Analysis and looking for a place that legally is the main thing
 

Turning $ 50 to $ 500 is actually possible, but very difficult. It requires good strategy, analysis, and market conditions. Doing trading in crypto is different from trading like forex, etc. Crypto trading is very difficult to analyze because whenever prices can drop in large numbers, so be more careful. We also can not just see the news because sometimes it does not fit. So if you want to start trading crypto better to learn it first because the risk is greater in my opinion. But to turn $ 50 to $ 500 is possible, it is most important to choose coins that have large fluctuations and tend to increase.