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Author Topic: Converting 1 BTC to 100 BTC  (Read 2535 times)
coffigayo
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July 21, 2018, 02:15:29 PM
 #61

In my opinion to try to turn one Bitcoin into a hundred is a safe way to lose your savings. People who fail for such traps usually keep all their savings first in Bitcoin and then in leverage trading, you do it. Be sure to educate yourself first before making this big step.
Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
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July 21, 2018, 09:30:08 PM
 #62

I am of the opinion that everything is possible, if you strongly want to. Therefore, with the proper skills and luck, a hundredfold increase is possible. The question is in time, after all.

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t3ChNo
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July 23, 2018, 11:22:56 PM
 #63

It's possible if you can get hold of the alts with the highest gains. Also, you should be adding a timeline on when can this be accomplished though.
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July 23, 2018, 11:33:12 PM
 #64

It's possible if you can get hold of the alts with the highest gains. Also, you should be adding a timeline on when can this be accomplished though.
Agreed, but it is not that easy to find the one that has got the highest gains on long term holding. In this regard it is possible through trading, and if the expectancy is within short time period then it has got high risk as well one needs to have good luck. Because such a multiplication requires active in involvement into all possible earning starting from faucets, gambling etc.
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July 23, 2018, 11:52:00 PM
 #65

It is possible but just 1 out of 1 million chances. if it is as easy as what that youtuber says then everyone will be rich, but the reality is the opposite.
also I really dont recommend leverage your money, just do normal thing and earn normal way, that way you will earn money even if not in instant though.

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maxreish
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July 24, 2018, 12:23:43 AM
 #66

Most of the youtube uploader said that you will earn a big profit like 100 bitcoin. Yes, it is possible in bitmex but sacrificing and taking a risk by choosing 100x leverage is a big NO. Even you are an expert on bitmex trading, the market does a zigzag moves thus will just make your entry liquidate. Think wisely. Since you are just asking, i believe you are just a beginner and want to start trading using bitmex. 10x leverage is the safest leverage to choose rather than 25x, 50x and 100x.
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July 24, 2018, 12:35:43 AM
 #67

Is it really possible ? I heard a youtuber making video on it by using bitmex.... is it really a good option to trade on bitmex using 100x leverage? Seeing the risk/reward ratio it looks tempting but the risk looks far more haunting

i don't know if bitmex use laverage up to 1:100
but, this is good if crypto exchange will use laverage
anyway, you should know if laverage is same as double-edged sword, if you can use it correctly, you will make a good profit, but if not you will lose all your money in fast mode my friend
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dollurs
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July 24, 2018, 01:02:11 AM
 #68

That is an expectation beyond reality for me. Also I feel like you are going to do some gambling. Keep in mind that if you can't control your emotions you will bring that 1BTC to "0" easily instead of taking it to 100BTC.
biogesic
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July 24, 2018, 01:25:05 AM
 #69

It is definitely possible, however the risk is very high in trading w/ high leverage. You may do bits by bits on low leverage then try increasing your size as you make progress. But def be careful.
CryptoMike14
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July 24, 2018, 05:36:45 AM
 #70

Do not be too risky, and do not be tempted with amazing profits, I would only advise to invest in some of the best coins then after growth happens it will be very good for you, it is necessary for people to have knowledge in trading, not easy 1 Bitcoin to 100 Bitcoin, it is a very big money, I personally will only build my own portfolio for future savings.
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July 24, 2018, 06:52:48 AM
 #71

Is it really possible ? I heard a youtuber making video on it by using bitmex.... is it really a good option to trade on bitmex using 100x leverage? Seeing the risk/reward ratio it looks tempting but the risk looks far more haunting
This is possible but the process is simply gambling.  Trading is risky and over leveraging makes it worse. I love taking it slowly atleast I dont have to get broke.
sam53
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July 24, 2018, 06:55:25 AM
 #72

Of course it's possible to get more 99 BTC to own 100 BTC from 1 BTC only Smiley). But I don't know how long will it take to earn 99 BTC. LOL. Maybe it's about 10, 20 or maybe 50 years. LOL. If in 2020, price of BTC will be millions dollars so forget it Smiley. There is no way to make 1 BTC become 100 BTC anymore Smiley.
devollito
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July 24, 2018, 07:13:24 AM
 #73

No. You can not turn 1 btc to 100 btc with bitmex. Especially if you use 100x laverage. Bitmex will always win and thats how company like bitmex get a profit. And you really must be an expert in trading if you want to trade with laverage or else you will lose all your money.
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July 24, 2018, 07:54:06 AM
 #74

Be careful if using leverage, it can leave you in a bad position if it goes wrong, trade with what you have I would say
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July 27, 2018, 09:05:22 AM
 #75

Everything is possible if you know how to assess your risks, Bitcoin has grown, sell (most importantly not to be greedy), fell buy, but this of course you need to be able to understand.

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July 27, 2018, 09:19:11 AM
 #76

Everything is possible theoretecally but I can't see the the chosen time frame of this challenge. If it is a year it is impossible I should say.
And even having much more time it is really could be a challenge of your whole life where you wouldn't be able to make it.
Learn to start with the small to gain big.
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July 28, 2018, 09:12:57 PM
 #77

It is impossible in forever because Bitcoin is already developed in the market. But one possibilities are possible that is we can invest cheap and strong potential altcoin this will be reach 100x in future.
Bitcoin is not a simple platform this will be costliest coin in market so it will not satisfy our expectation.
That is much more different than to get tail of dog straight. We can’t just make this happen in current scenario. I am not saying this is impossible and you can’t just do that. No, rather it is time taking. Like if you get your bitcoin right now and save it for about three to four years and then get amazing profit from it after selling it when it will touch the sky limit. Good luck.
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July 28, 2018, 10:25:16 PM
 #78

I will advise you stay away from it, anything that gives quick cash, can as well make you quick poor, and the chance of you getting the 100BTC will be like 0.01 % out of 100%, I will advise you find other means to grow your bitcoin and other asset.
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July 28, 2018, 10:30:11 PM
 #79

Is it really possible ? I heard a youtuber making video on it by using bitmex.
I have seen someone who shared his profit on reddit or BTT he earned 10 BTC for just 11-20 minutes through trading. But his capital isn't only 1 BTC AFAIK it was around 10 BTC too.

is it really a good option to trade on bitmex using 100x leverage?
You can do it in every exchange as you wish but 100x leverage? risky.

Seeing the risk/reward ratio it looks tempting but the risk looks far more haunting
Yep that's risky and I don't advise it to do if you are not so sure of what you are doing. Do it with an acceptable amount.

Why not goal 100 BTC but with many source?

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August 03, 2018, 09:34:11 PM
 #80

Must not. Today, there is no cryptocurrency market, even being the most prone to fluctuations in rates, does not imply such revenue.

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