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Author Topic: Turning $50,000 into 1M in 365 days- Buy and Hold possible?  (Read 790 times)
anonbit992
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January 07, 2018, 12:47:34 AM
 #81

$50,000 into 1M in 365 days is bit ambitious. But if crypto makes wild moves like it made in 2017, you might be able to get your 50 grand into 1M in 2018. Why not take a look at ICN, Waves, Neo, ETC, XMR, SNGLS, DCT and other coins that are suggested in this thread by other users. Good luck!


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ZZ727 (OP)
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January 08, 2018, 05:10:34 AM
 #82

Week 2 update-

Not much time here so just a quick update-

Current portfolio is up approx 230% since a fortnight ago. Biggest winners have been PRL, COSS and XRP (moving up approx 500-700% since purchase). Sold 50% of my BTC and moved it into BitShares (BTS) which I believe has great fundamentals and lot of potential considering it's a "safe coin". Lowest performers have been IOTA, BTC and 1ST. Looking forwards, expecting a decent dip given the recent run up. Most surprising has been the lack of movement in BTC, it's dominance at all time low. 

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March 05, 2018, 12:05:10 PM
 #83

It is possible to all crypto users to have that much money if they had a patience to hold their coins and knowledge of buying or trading coins to hodl.
legia
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March 05, 2018, 12:36:09 PM
 #84

Is there a way to track this, it would be fun to watch. What is the current status ?
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March 06, 2018, 06:23:45 AM
 #85

Inspired by HR's thread ($10,000 into 1M):
https://bitcointalk.org/index.php?topic=1936239.0

Looking for input from experienced traders regarding my coin picks and their fundamentals to see if a buy and hold (with adjustments but not day trading) will be possible to 20x the initial investment of $50,000 ideally within a year. I would like to aim for $350,000, and a maximum of 1,000,000.

Snapshot of portfolio based on today's pricing:
Bitcoin (BTC): 42%
Ethereum (ETH): 22%
Ripple (XRP): 14%
Iota (MIOTA): 10%
Basic Attention Token (BAT): 7%
NEO (NEO): 1%

I don't believe this current portfolio will be able to reach 20X due to majority being established coins that have already moved considerably. Last month's ROI was approx 22%.

I'd like to adjust my future portfolio for the next month to look like:

BTC: 15%
ETH: 20%
XRP: 20%
IOTA: 20%
BAT: 5%
____: 5%
____: 5%
____: 5%
____: 2%
____: 2%
____: 1%

Ideally I'd like to change either my BTC or ETH holdings into the next big project, similar to how HR changed his LTC into ADA, but can't decide for now.
For the speculative ones, I'm aiming for coins with <50M market cap with good fundamentals.

I'd hopefully update this every week, for those whose advice I take and profit from I'd plan on giving back in some form as I reach milestones (100k, 200k, etc). Of course if it all goes south you'd just have to accept my gratitude Wink

Any suggestions/constructive criticism is welcome!




$50,000 turning it to $1 million in a year is possible if you’re a bad ass day trader. Even bitcoins and altcoins almost reach their peak price; it is possible reach that objective. In able to do this you have to do the following;

1.   Become full time day trader
2.   Learn the full dynamics of technical analysis
3.   Establish effective and good trading plan

There are people able to do this that’s why I said it’s possible but I will not recommend it because the risk is to high stakes. But if you’re decided to pursue this you have to follow the three tips I have given.

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March 06, 2018, 06:41:07 AM
 #86

have author post very ambitious plans, I think such is unlikely , the more on such a falling market
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