VarDiff
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December 22, 2017, 01:46:29 AM |
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I am completely new to this but I want to invest $100,000 and keep pressing and parlaying it until I have 5-10 million. Is this possible? If so any tips, strategies and recommendations would be greatly appreciated. I’m ok with losing it all but I want a shot at making life changing money. Thanks guys.
Too late man, a week ago you had to invest in XVG. Seriously speaking, I find it possible, but do not expect to do it in a month or even a year. Do not put all the money in one coin. choose a few, 5-10 coins, not more. I see a lot of good coins, where I would invest 100 thousand if I had such money. But I will not advise anything, make choice yourself and then you will feel satisfaction and calmness.
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CoinCollector006
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December 22, 2017, 02:28:28 AM |
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Lets do some math to see how plausible your targets are. You are looking for 5M/100K = 50x return
600B market cap x 50 = 0.6 trillion x 50 = $30 trillion, this assumes your portfolio matches the return of the industry
Most estimates of global wealth are in the 200 to 300 trillion range. So you would need crypto to take over 30/200 = 15% of global wealth.
Its theoretically possible, but I don't believe that it is probable. I think a more realistic aspiration is that the crypto industry market cap reaches a number from 3 to 6 trillion.
I agree with others that you should diversify to no less than 8 to 10 coins and focus on large cap well known coins like BTC, LiteCoin, Dash, ETH. They have had tremendous rallies recently so please be aware we could have violent selloffs at this time before they continue on their run.
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upsidedown75
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December 22, 2017, 06:44:48 PM |
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I am completely new to this but I want to invest $100,000 and keep pressing and parlaying it until I have 5-10 million. Is this possible? If so any tips, strategies and recommendations would be greatly appreciated. I’m ok with losing it all but I want a shot at making life changing money. Thanks guys.
Definitely for not buying one coin for the whole amount. Divide your bank into at least three worthy coins. In my understanding, priority should be given first of all to security. Plans and goals you have from Napoleon!) You could consider the project SwissBorg (coin CHSB) for studying and further making a decision on investing one of the parts of your bank. The project deserves attention!!! Apparently, that would be some crazy stuff to do by trying to put all eggs in one basket. This is the crypto world and there are lots of opportunities in most of these coins, the best is just to concentrate on the top ones and find some few undervalued ones to invest in right now. Since, it is the long term, I would have advised for him to stay away from the pumped coins for a while and look out for when they may be on their dip before investing. That sure will happen.
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icohobby
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December 22, 2017, 11:21:07 PM |
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If you find a really good coin like Ripple (XRP), it's possible but it could take some time. I like creating a spreadsheet or just using a calculator and Coinmarketcap to see what I could gain by using a bit of math
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batang_bitcoin
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December 22, 2017, 11:28:26 PM |
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I am completely new to this but I want to invest $100,000 and keep pressing and parlaying it until I have 5-10 million. Is this possible? If so any tips, strategies and recommendations would be greatly appreciated. I’m ok with losing it all but I want a shot at making life changing money. Thanks guys.
That's a big investment and you have a big amount for the profit. That's possible though you need to take note of what are the slightest coins that you can take advantage of buying while they are undervalued and you can easily get profit from those coins by buying hundreds of thousands of it. You seem to be confident of losing this $100k but I doubt it that chance of losing is high with that capital.
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nrvasquez
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December 22, 2017, 11:39:57 PM |
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if you want all-out, I advise you to invest in a well-known altcoins or top altcoins, because with that there's been little assurance that the money you're going to invest will turn back and easy to profit
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Balmain
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December 22, 2017, 11:42:07 PM |
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It's possible and I know some people that made that money. It's hard and you need a long time though. You need to buy from dips and wait 1-2 years. You can't buy small coins because that money is big. You should buy Top 50 coins that has big volume.
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raven7886
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December 26, 2017, 02:47:31 PM |
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WOW that's a huge amount to invest and first of all I want to wish you good luck. I don't think it is impossible to reach your goal but you need to devise a certain strategy. If you trade and buy altcoins you can gain in the multipliers to reach your target. I missed out on many good coins but if you can find the next bitcoin or ethereum type coin that will make the x 100 x 1000 gains then you can easily reach your destination within a year or two.
In attaining that goal, obviously he should not expect to get that just in few years. However, there are some coins that has really don well lately and some will still do well. My advice would be for him to take his time. It is his investment and he should be ready to research on the coin he is investing his money and not just some ordinary shit coin that does not have a future.
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ZloiRediska
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December 26, 2017, 02:57:19 PM |
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And I would distribute the portfel into 3 parts: 33% in Bitcoin, 33% in the altcoins of their top10 and 33% in the young promising altcoins which are now in the depths of the rating of the coinmarket.
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holdem
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December 26, 2017, 02:58:07 PM |
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rob31
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December 26, 2017, 04:02:34 PM |
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It is defiantly possible, there were many altcoins that had that level of performance during the past year. If it were me, I would not be able to sleep at night with that much invested in crypto, but I don't know how much your total portfolio is.
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Ru1016
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December 26, 2017, 04:12:04 PM |
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BitShares is going 50x in 2018 alone, so definitely possible But seriously, DYOR - the best investment you can make is in educating yourself on the space
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dissident
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December 26, 2017, 04:30:33 PM |
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xtrabytes is a 5 bagger minimum. Hopefully they can get themselves on binance and then it will be a 10+ bagger. It's going to be the next big top 50 coin. I also love pascal coin and have $30K invested in it right now. I might throw in another $15K by selling some Ardor, but I'm leery because they only trade on one major exchange. If they can get another one, but that's hard to do unless your coin has the capital to throw $100K to the exchanges as a "listing fee" as if the trading fees they get for the coins aren't enough already. :p I would not go and put a ton into a single coin, but there's not a lot of super deals left in my opinion. You never know what coin will get pumped though, and a lot of less worthy coins have gotten big pumps just because they trade on bittrex. Ark is still relatively cheap. Syscoin. I focus on the tech first, and not the pump. I've held these two for 6+ months now while others have gone parabolic. I have faith, haha. Xtrabytes https://i.redd.it/q1s6ulglnc501.jpgPascalcoin https://www.youtube.com/watch?time_continue=00&v=QYbXMLjm1ZEIt's good to remember that the price of a coin doesn't matter. A lot of dumb money lately has been price focused, when they should be market cap focused. It's easier to drive up the price of a low market cap coin that one that's already at $5 billion.
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asdlolciterquit
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December 26, 2017, 04:39:53 PM |
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I am completely new to this but I want to invest $100,000 and keep pressing and parlaying it until I have 5-10 million. Is this possible? If so any tips, strategies and recommendations would be greatly appreciated. I’m ok with losing it all but I want a shot at making life changing money. Thanks guys.
in how much time do you want to reach your target? 100k in 10kk means a 100X. Or if you want to reach 5kk it means 50X. This is really hard goal to reach... you have to be very good in trading your coins or you have to wait a lot and hope that the crypto world will rise more and more.
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Lei Crypto bounty
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December 27, 2017, 03:31:37 AM |
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my opinion and suggestion if you hold $100,000 try to divide it on some of the list i have and have it hold for a long term period.
> BTC (Bitcoin) > LTC (Litecoin) > ETH (Ethereum) > IOTA > NEO ( NEO which is known before as Antshare) these are my list of altcoins to be pick and Hold for a long period of time, i believe on the Project of these all , and i believe and speculate this will take flight sooner and will be next great deal next to Bitcoin, some of the Coins i mentioned are old time coin next to BTC such as LTC and ETH this two are far better than Bitcoin in terms of many ways but not on price surely Bitcoin would be the King for he is the first root of all cryptocurrency without him nothing exist also for all concept of digital currency came to Bitcoin.
im considering holding all of this for 4 to 5 years or longer of time.
Still do your own research for the some of the altcoin, these is solely my Opinion and Observation on these coins for the past few months of development of every coin.
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hawkice66
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December 27, 2017, 04:08:55 AM |
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Hi there, 1st of Good luck and God Speed. Then buy 2 or 3 Hardware wallets and make sure you safe guard your investments. (Ledger Nano S &/ Trezor)
My suggestions (or My investments if I had that much would be...)
Buy 1 BTC and HODL, like forever.. Buy 25 ETH and HODL, like forever..
now ~40K $ invested, lets go for Alt coins. Includes both short term & Long term. Sell 50% when each one turns 2x, so that your investment is returned and what ever you HODL will be your profits
Ripple - 5k $ IOTA - 5k $ XPSEC - 5K $ PASC - 5k $ Verge - 5K $ NAV coin - 5K $ DigiBytes - 5K $ BURST - 5K $ Po.ET - 5k $ RaiBlocks - 5K $ Dent - 5K $ FunFair - 5k $
Research well & choose what you like and increase / decrease amount as you fit.
Also try to keep a watch for a good ICO.
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trademark
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December 27, 2017, 04:21:15 AM |
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Yes it is possible to turn 100k into 5-10 million. Many people have done it with a smaller amount. The key is to get in early enough so that you get a nice stack. You might want to look into putting a portion of that amount towards a good ICO. Another portion should be put into a project that is well established and is undervalued such as Stratis and Waves.
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Geoll29
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December 27, 2017, 04:24:15 AM |
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Yes , I think this is possible. But you need to have a strong heart. You also need a bigger investment to reach this income. You need to have a plan or a timeframe to achieve this.
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mammusu
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December 27, 2017, 04:24:39 AM |
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Nothing impossible in the crypto world, anything can happened $100.000 to 5 Million is possible, but you need a lot of time for your investment and you need a skill traded too.
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