Turn $10,000 into 1 Million

[Parabellun1917]

Perhaps not exactly "trading", but it just might be one of the shortest time frame investments you'll ever make.  

How about a portfolio competition?

Using today’s price to establish opening position cost basis, the following portfolio has a minimum target of $100,000 (if everything goes wrong) and a maximum (still conservative) target of $1,000,000. (Explaining the reasons why goes beyond the scope of this friendly competition.)

Litecoin (LTC) – 50%
BitShares (BTS) – 10%
STEEM (STEEM) – 10%
Syscoin (SYS) – 10%
Nxt (NXT) – 10%
PIVX (PIVX) – 5%
NEM (XEM) – 5%

We’ll see how it does. Wish me luck!


Full Disclosure: I currently hold many of these issues as “long term” investments (but not all at this exact time since I’m still looking for a better entry on one in particular), and could purchase or sell any, at any time, and/or trade short term as well, with the weighting for this “model” portfolio being somewhat different from my own, where, for example, I am currently overweight LTC, BTS and PIVX.


https://i.imgur.com/MqTGARn.png


Edit: Forgot one very small detail at the time: the price of Bitcoin. It's highlighted on the 5 min chart below.


https://i.imgur.com/00lZU8s.jpg

Hello! A little failed. but this is not the end) I would recommend that you familiarize yourself with the Fusion project. Good luck!

[1714604436]

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[minairia3]

Shiiiiiet his portfolio is only $43k now
https://www.cryptocompare.com/portfolio-public/?id=120643

What a mad ride was it.

from 10k to 1million and down to 40k. Still up 4x. Gz.  

Is it also possible to see when the last update was done on the portfolio? Maybe he has cashed some out around the top already, you never know.

yes it's possible but wew that was another hit by as much as 50%. Good thing he has still 4x gain since that day. In the long run maybe he'll get like $10m.  fearless prediction.

[ufalo3]

This was a great idea to turn $1,000,000 into $10,000. Kudos! Maybe some day when the market recovers you'll have your million back! Hahahaha!!

Black humor? On, no, unfortunately, it was a reality for many of big investors. They spent much money and bought cryptocurrencies, and they could not expect that the market would fall so greatly.

[EXtremeAEX]

It could happen for you because you are legendary in this forum. Meaning to say, you have the capability to sustain you financial needs because you already earned a lot and still earning in this industry. But for us that cannot step up in higher rank will just earn cent. So, million dollars is away from us. Unless, if I have luck.

This can happen to anyone who really wants it. It is only important to understand that such a desire must be supported by appropriate actions. If you constantly learn, practice and try to become better in the trade, then you will certainly succeed. Remember that it takes time to become experienced. And you can start your journey to this right now. It will take time and you will reach your goal, earn $ 1 or 2 million.
For example, now is a great opportunity to buy many promising currencies, which after a while will make their owners millionaires.

[tiptopgemdotcom]

It could happen for you because you are legendary in this forum. Meaning to say, you have the capability to sustain you financial needs because you already earned a lot and still earning in this industry. But for us that cannot step up in higher rank will just earn cent. So, million dollars is away from us. Unless, if I have luck.

This can happen to anyone who really wants it. It is only important to understand that such a desire must be supported by appropriate actions. If you constantly learn, practice and try to become better in the trade, then you will certainly succeed. Remember that it takes time to become experienced. And you can start your journey to this right now. It will take time and you will reach your goal, earn $ 1 or 2 million.
For example, now is a great opportunity to buy many promising currencies, which after a while will make their owners millionaires.

Great  opportunites can bring both success and fail together. Every step in leveraged trading is made of traps because this is what distinguishes winner and loser. 10k is not big money for such goal and almost average traders can afford such type of amount for crazy trading setups. It is not good time to buy promising currencies because noone can exactly calculate minimum dip

[btcdevil]

It could happen for you because you are legendary in this forum. Meaning to say, you have the capability to sustain you financial needs because you already earned a lot and still earning in this industry. But for us that cannot step up in higher rank will just earn cent. So, million dollars is away from us. Unless, if I have luck.

This can happen to anyone who really wants it. It is only important to understand that such a desire must be supported by appropriate actions. If you constantly learn, practice and try to become better in the trade, then you will certainly succeed. Remember that it takes time to become experienced. And you can start your journey to this right now. It will take time and you will reach your goal, earn $ 1 or 2 million.
For example, now is a great opportunity to buy many promising currencies, which after a while will make their owners millionaires.

Great  opportunites can bring both success and fail together. Every step in leveraged trading is made of traps because this is what distinguishes winner and loser. 10k is not big money for such goal and almost average traders can afford such type of amount for crazy trading setups. It is not good time to buy promising currencies because noone can exactly calculate minimum dip

If you think always negative then you cannot make profit in this market, you have to believe in cryptocurrency then only you can get success. Even now also their is lot of chances of becoming rich only thing is that it will take time

[EXtremeAEX]

It could happen for you because you are legendary in this forum. Meaning to say, you have the capability to sustain you financial needs because you already earned a lot and still earning in this industry. But for us that cannot step up in higher rank will just earn cent. So, million dollars is away from us. Unless, if I have luck.

This can happen to anyone who really wants it. It is only important to understand that such a desire must be supported by appropriate actions. If you constantly learn, practice and try to become better in the trade, then you will certainly succeed. Remember that it takes time to become experienced. And you can start your journey to this right now. It will take time and you will reach your goal, earn $ 1 or 2 million.
For example, now is a great opportunity to buy many promising currencies, which after a while will make their owners millionaires.

Great  opportunites can bring both success and fail together. Every step in leveraged trading is made of traps because this is what distinguishes winner and loser. 10k is not big money for such goal and almost average traders can afford such type of amount for crazy trading setups. It is not good time to buy promising currencies because noone can exactly calculate minimum dip

In such a dynamic and volatile market, no one can calculate the lowest mark ever. The goal of a successful trader is not at all this. The goal of a successful trader is to be able to earn in any market.
Now very attractive prices for cryptocurrency, such may not be at all in the future. And if you buy now, in the future you will definitely sell these currencies with a good profit. And you assumed, even for a second, that the minimum price was already? Perhaps, in this case, you can never again see such a low price. So your profit in the future, if you continue to wait, decreases with each passing day.
So for those who could not afford to buy Bitcoin or other coins 1 year ago or 6 months ago, now is a great opportunity to do it.

[949miner]

This was a great idea to turn $1,000,000 into $10,000. Kudos! Maybe some day when the market recovers you'll have your million back! Hahahaha!!

Black humor? On, no, unfortunately, it was a reality for many of big investors. They spent much money and bought cryptocurrencies, and they could not expect that the market would fall so greatly.

That guy probably has some kind of problems and he is just trying to make fun of him. Anyway, i am more than sure in that the OP cashed out everything as soon as he made a x2 - x5 of his investment.
Even if i see a x1,5, i would sell everything.
It is more than difficult to make a 50% of profit even on this market.

[ryzaadit]

This was a great idea to turn $1,000,000 into $10,000. Kudos! Maybe some day when the market recovers you'll have your million back! Hahahaha!!

Black humor? On, no, unfortunately, it was a reality for many of big investors. They spent much money and bought cryptocurrencies, and they could not expect that the market would fall so greatly.

90% Of survey trader/investor always buying a stock or cryptocurrency for the high price. They enter the market whent the market getting a hype, Thats why the trader getting a wrong decision. Its the true

[Agapelove]

Back then when this thread was created prices of coins are higher compared nowadays. If you haven't done your investment, this might be the right time while coins are very much lower compared then. Don't forget to include only those fundamentally strong coins.

[Netnox]

What's this? A self challenge? 10k usd to 1M is very possible. You just need a precise buy and sell judgement. Please update this thread of your progress.

Possible? Seriously? IMO, it is possible only in dreams. Or you need to be in the 0.001% among the investors who get 1,000 times returns in a few years time (like those who invested in Microsoft or Dell IPOs).

[legenduim]

Turning that into a 1 million is possible for only those with high rank in Crypto. You can't give someone 10k USD and expect him to turn it to a million overnight. It takes time to achieve that. Gradually you move step by step till you achieve your goal.

Although I believe that Bitcoin and some other cryptocurrencies will finally go to the Moon, I am not sure that you will make a million if you start even with such a big sum like 10 thousand.

[MrsSparrow]

Hey there, everyone.
What is your strategy while the market is that bad? Do you sell/hodl/trade?

I'm thinking of trying trading competition, like Binance did last year. The coins are cheap and who knows, maybe I'll win sth.
What's your view on this? Do you find trading contests with Lambos and Porsches just a waste of time?
Would be glad to hear you comments.

[anume123]

Turn you're 1million $ to 10,000$ 
After this days you can see all altcoins that the price goes down get lossing you enough for trading. All holder's at this moment i think they lost a big funds for their investment.

[LuvCyanide]

Not a very good idea in my opinion. Now you can lose all the money if you invest under this scheme.

[MrsSparrow]

Not a very good idea in my opinion. Now you can lose all the money if you invest under this scheme.

Hi there. What scheme do you mean? The conversation here is big. Are you talking about investing like in the first message?

[Leonard2016]

I want to say You're a hero if you can do it in this bearish market , 10k is almost a good money to start with but still it is very hard to make it to 1 million in this market , And if you could do it I would make you my hero!

[rebrik7]

Shiiiiiet his portfolio is only $43k now
https://www.cryptocompare.com/portfolio-public/?id=120643

What a mad ride was it.

from 10k to 1million and down to 40k. Still up 4x. Gz.  

Is it also possible to see when the last update was done on the portfolio? Maybe he has cashed some out around the top already, you never know.

Hm, I see a little difference between current assets on Cryptocompare and those that were listed in first post of this topic.
To be honest, I'm too lazy to read all the pages completely. However, as I understand it, there have been some permutations. But the author did not fix anything in the dollar, although I may be wrong.

[Magkirap]

Although it is possible, but it is a very difficult road. Need great luck, and great ability. Well, even with $ 1000 you can do it, with bitcoin, you can achieve whatever target you want, but it takes a very hard effort.

In fact, in order to turn your $10000 to 1 million dollars it will takes time and you need to wait more time. Even it is possible to happen there are some challenge that you will encounter like now the down trend market. Patient and hard working is the thing that you need if you really want to have 1 million dollars.

[biletskiy]

This was a great idea to turn $1,000,000 into $10,000. Kudos! Maybe some day when the market recovers you'll have your million back! Hahahaha!!

Black humor? On, no, unfortunately, it was a reality for many of big investors. They spent much money and bought cryptocurrencies, and they could not expect that the market would fall so greatly.

That guy probably has some kind of problems and he is just trying to make fun of him. Anyway, i am more than sure in that the OP cashed out everything as soon as he made a x2 - x5 of his investment.
Even if i see a x1,5, i would sell everything.
It is more than difficult to make a 50% of profit even on this market.

Yes, your calculations show the real situation. Now you cannot make a million if you invest 10 thousand. If you made this operation several years ago and hold BTC, you would succeed.