Turn $10,000 into 1 Million

[HR]

Hey bud I think your portfolio is being dumped right now, how did you figure steem, pivx nxt to be anything other than the usual scam which they are?
Syscoin, Nem, Bts all are jokes even Ltc is a joke all of the mentioned coins are a disgrace to crypto.
Satoshi was the one and only who has disappeared and never sold a single coin of his stash, I can't tell the same thing about other devs can you?

Of course it is getting dumped. Altcoins were just a way for traders to leverage profits as the value of Bitcoin was riding. This would be easier in smaller markets ofc..

Getting dumped? Can you guys read the ticker? The portfolio is off the lows. The dump happened before the buy. Positions are best put on in the midst of panic sells, and that's when this position was put on and recommended. In fact, I think the probabilities of getting a second chance at the purchase price of each issue is very low, but anything can happen, and any off the cuff comment can always get lucky, so don't lose heart - there might be another opportunity for you to troll and with even better ammo.  

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[U2]

Wouldn't it be harmful for your chances to go for a 100x gain to choose a conservative approach for 50% of your portfolio?
Isn't the potential of 100x growth enough reward so that busting out in some scenarios is an accaptable outcome?

Perhaps. That would be a different risk tolerance level for sure. I'm trying to build a "medium risk" portfolio with a better than average chance to make the minimum target, and when the conservative 50% has a very reasonable chance to revalue by as much as 25 times over, then you've almost got the best of both worlds and something that in itself could easily satisfy the 100 grand minimum target. Said in other terms, I put the odds of LTC being worth 25 times what it is now much higher than I put those for BTS or STREEM to revalue 250 times over (which I do think is rational and doable in any event). Rather than a bunch of busts, you could get eternal double dribblers, and at some point you must move on. But perhaps your idea is better. Who knows? Post your list and we'll watch the two along side (or just watch the same one I posted ex-LTC). At the end of the day, it's mainly a risk tolerance question on my part as I am very portfolio diversified in nature, and there will also most likely be strokes of luck that will seperate the two regardless. The potential max reward doubles or triples though.  

Haha this is hilarious. Omg. "Medium risk" in the same sentence as altcoins. So this is a balanced portfolio to you? So basically you don't understand investments at all. Good to know. Won't be watching this. This is speculative 100% growth very very high risk. Medium risk means you're holding some bonds and some good stocks with real potential. These are shitcoins. Good thing you have 50% in Litecoins. At least you'll have something when these all go to 0.

[FractalUniverse]

i dont think litecoin will go to zero. its still being traded on largest exchanges with very big volume.

[HR]

Wouldn't it be harmful for your chances to go for a 100x gain to choose a conservative approach for 50% of your portfolio?
Isn't the potential of 100x growth enough reward so that busting out in some scenarios is an accaptable outcome?

Perhaps. That would be a different risk tolerance level for sure. I'm trying to build a "medium risk" portfolio with a better than average chance to make the minimum target, and when the conservative 50% has a very reasonable chance to revalue by as much as 25 times over, then you've almost got the best of both worlds and something that in itself could easily satisfy the 100 grand minimum target. Said in other terms, I put the odds of LTC being worth 25 times what it is now much higher than I put those for BTS or STREEM to revalue 250 times over (which I do think is rational and doable in any event). Rather than a bunch of busts, you could get eternal double dribblers, and at some point you must move on. But perhaps your idea is better. Who knows? Post your list and we'll watch the two along side (or just watch the same one I posted ex-LTC). At the end of the day, it's mainly a risk tolerance question on my part as I am very portfolio diversified in nature, and there will also most likely be strokes of luck that will seperate the two regardless. The potential max reward doubles or triples though.  

Haha this is hilarious. Omg. "Medium risk" in the same sentence as altcoins. So this is a balanced portfolio to you? So basically you don't understand investments at all. Good to know. Won't be watching this. This is speculative 100% growth very very high risk. Medium risk means you're holding some bonds and some good stocks with real potential. These are shitcoins. Good thing you have 50% in Litecoins. At least you'll have something when these all go to 0.

That's why "medium risk" is in quotation marks. The context is crypto, not stocks and bonds. It's a relative statement. Of course, when you say this is "very very high risk" and you refer to them as "shitcoins", you do give the impression that you are aware of the difference. So why the confusion on your part? Why are you mixing two very different worlds?

[dothebeats]

100x increase is a tad lot and you may lost all of it if you became very greedy but again, long-term hodling is the biggest no-brainer when it comes to investments since there will be times when it will be doing massive rounds of bullish movements. As long as you have them altcoins, you have your money and as long as you haven't sold them, you won't lose anything.

Best of luck!

[Victorycoin]

Hey bud I think your portfolio is being dumped right now, how did you figure steem, pivx nxt to be anything other than the usual scam which they are?
Syscoin, Nem, Bts all are jokes even Ltc is a joke all of the mentioned coins are a disgrace to crypto.
Satoshi was the one and only who has disappeared and never sold a single coin of his stash, I can't tell the same thing about other devs can you?

Of course it is getting dumped. Altcoins were just a way for traders to leverage profits as the value of Bitcoin was riding. This would be easier in smaller markets ofc..

Getting dumped? Can you guys read the ticker? The portfolio is off the lows. The dump happened before the buy. Positions are best put on in the midst of panic sells, and that's when this position was put on and recommended. In fact, I think the probabilities of getting a second chance at the purchase price of each issue is very low, but anything can happen, and any off the cuff comment can always get lucky, so don't lose heart - there might be another opportunity for you to troll and with even better ammo.  

Was going to ask what your rule of engagement or entry and exit hinges on and what actually influenced your choice of those coins, but on reading the above, it gave me the clue you are not groping in the dark. Your quest is accomplishable, if you have not already set everything on stone, because adjustments and outright changes would be necessary as time goes on.

[singularityisnear]

From that list, the only crypto in which I would put some money would be Litecoin. I like it when a project tries to innovate, but from what I've seen so far, most of these coins are perpetual motion machines.

[Avametra]

From that list, the only crypto in which I would put some money would be Litecoin. I like it when a project tries to innovate, but from what I've seen so far, most of these coins are perpetual motion machines.

This is one of the most promising alternative coins to date. Maybe it makes sense to buy this coin today. I also think about it.
Even despite the fact that until recently, I trusted only bitcoin

[mrjoy15]

As my philosophy says that cryptocurrency market is so unpredictable. But after the deep knowledge of altcoins market price last few days all coins were improved. Turn $10,000 into 1 Million obviously hard job, need pure luck. However, I hope your wish come true.

[Angel777]

Its not imposible that 1OOOO$ turn to 1million.Because of many traders now of BTC and the promotion of bitcoins now is to be the highest rate of promotions.

[jeffytune]

Hey bud I think your portfolio is being dumped right now, how did you figure steem, pivx nxt to be anything other than the usual scam which they are?
Syscoin, Nem, Bts all are jokes even Ltc is a joke all of the mentioned coins are a disgrace to crypto.
Satoshi was the one and only who has disappeared and never sold a single coin of his stash, I can't tell the same thing about other devs can you?

Please elaborate how they are scam?

[Marma Kalari]

i dont think litecoin will go to zero. its still being traded on largest exchanges with very big volume.

I am sure we will be able to see a rally in Litecoin in the coming weeks as it did not perform as i would have imagined after the activation of segwit and so i am still holding some coins thinking that it could give me a good profit in the coming months.
@OP if your entry is good then you are good to go to reach the desired target,good luck.

[ethereumhunter]

From that list, the only crypto in which I would put some money would be Litecoin. I like it when a project tries to innovate, but from what I've seen so far, most of these coins are perpetual motion machines.

litecoin as the oldest altcoin that we know have a good journey so far and many of people still holding big amount of litecoin and they only waited for the high price. maybe some of them is selling their litecoin to see what is reaction that will happen in the markets. so far, litecoin is going to strong and litecoins is one of the sleeping giants altcoin that will wake up soon.

[Neoliberalism]

Hey bud I think your portfolio is being dumped right now, how did you figure steem, pivx nxt to be anything other than the usual scam which they are?
Syscoin, Nem, Bts all are jokes even Ltc is a joke all of the mentioned coins are a disgrace to crypto.
Satoshi was the one and only who has disappeared and never sold a single coin of his stash, I can't tell the same thing about other devs can you?

Please elaborate how they are scam?

Yea I second this

[louisvuitoon]

I think the your best bet to turn 10,000 into 1mil is to go all in on an altcoin that shows a lot of potential and buy in early. hold it until the price 100x like ripple. Trading will take too long and is too hard to do.

[vanlakos]

Why there is no ETH and or ETC? I think ETH will be around 600 this year and ETC around 50... don't you think so? what are your thoughts?

[HR]

Portfolio Trend-Momentum Analysis


STEEM is perhaps my favorite with its strong price reaction to the golden cross and bullish alignment of moving averages on a daily time frame. Strong volume based momentum that looks steady even while clearly being in a corrective phase.




Nxt also got a similar shot in the arm with its own golden cross and bullish moving average alignment – the 50dma looks to be providing critical support and money flow is ticking up. Got a little overdone, but not lethal.




BitShares got a bit away from the mean, but has come back in and the overall configuration is positive.




Syscoin has been correcting by drifting higher for the past month. Very positive and sustainable looking chart to me.




Litecoin has been correcting for a while now without the money flow going oversold (and turning back up now) and the MACD in zero line territory. The moving averages are in bullish alignment which has obviously had a positive effect on price. Consolidating with very a positive volume pattern I see something that is setup to explode higher.




NEM has followed a similar stair stepping pattern (no parabolic curves) riding up the bullish configured moving averages in stainable fashion currently working off excesses.




PIVX is an early cycle performer and, as such, should be an interesting watch. The price action around the upsloping moving averages is very encouraging to see. The Williams %R upthrust combined with bullish buy signals on the MACD are confirmation of a very possible resumption to the upside. This would also be a good sign for Alts in general - not so good for BTC though.  




All positive looking charts from a trend-momentum standpoint, especially when put alongside something fairly overextended like DigiByte (who is mentioned here not only as an example of something having got a bit ahead of itself, but also as a potential buy candidate at lower levels).




And what does BTC look like through these bifocals? I’ll leave it up to you.



Looks extremely bullish to me. Short term it could be bounded by 1750 and 2350 though.

[Rahar02]

I would like to see how your investment growing, as trading altcoins is not for long term I guess where it could dump and never arise again.
However, turn $10,000 into $1Million maybe take months or even years due to competition that happened there cause profit and loss as well.
did you invest all $10,000 just into those coins? and How long do you think your goal will be achieved?

[BluePoppy]

You would have to be extremely lucky and buy an altcoin which shoots up multiple times its original value to turn 10,000 into 1mil. It might be possible to do it through trading but it will be challenging and will take some time, not to mention you have to be a good trader to do it

[JellyO]

Buy a new altcoin and hold it until it blows up. thats your best bet to turn 10000 into 1mil. If you had bought Ripple 2 months ago you would have 1mil by now.