Converting 1 BTC to 100 BTC

[crypto360]

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

[1715130342]

1715130342

[spiker777]

The odds of you successfully converting 1 BTC to 100 BTC by leveraged trading is astronomically low, so I really wouldn't recommend it. You should just try your hand at investing your money into growing, and starting projects. If you invest your money in a few high potential ICOs, at least one of them will probably do a x100+ and you'll at least have much more than you started with.

[cissrawk]

Looks pretty risk for me, it probably have really low chance to get that 100x. I suggest you don't do it, better invest on altcoin or ico, but remember to always do deep research before investing on something.

[godfredmanu]

Leverage has a double edge sword and acts like fire which can be good and the same time be bad. With leverage if the trade moves in your direction , then bingo, you hit a jackpot but if it goes against you, you can wipe your account at once.

[UniQue7]

Damn, that's a lot of BTC lol, hopefully, you have it safe in a good wallet somewhere but I do not know if converting is possible with that high amount.

[pooya87]

it is of course possible to turn 1 bitcoin to 100 but since you have to ask it that means YOU won't be able to do it because it requires expertise that you do not possess and when a newcomer gets in and goes big ($6600-$660,000) you will not be able to handle it because of stress,... and you will start making bad decisions leading to big losses.

as for leveraged trading, i personally dislike it but many are using it. i prefer trading where you just buy altcoins low and sell the high after their pumps. there are many that get pumped so often and you can join in the pumps. however you should start small and and learn the tricks first and initially build $1 into $100 and then if you succeeded, build on top of that.

[mk4]

Theoretically possible. But is it easy? Definitely not. If leveraging bitcoin 100x is easy then almost everyone would've done it. I personally would suggest using other methods to increase your bankroll(e.g. daytrading/investing) as it's far less riskier even though investing in to cryptocurrencies are risky to star with, but hey. It's your money. You do you. Just make sure to educate yourself first before doing big moves.

[cleygaux]

This method on bitmex is risky but yes its very possible to make 100btc with your 1 btc but its not an easy task you are lucky enough if you reached this huge amount of reward in just short period of time you have to be very careful if you want to try this practice. 

[RudeeTam]

I would rather invest in an ICO than start that over-the-top risky venture of leveraging that high. Even with only 1 btc. I know that the rewards will be enormous but I would rather take the slow road than risk it all in one bet.

[Zandra]

This method on bitmex is risky but yes its very possible to make 100btc with your 1 btc but its not an easy task you are lucky enough if you reached this huge amount of reward in just short period of time you have to be very careful if you want to try this practice. 

It is up to you, it is up to your strategy that you will use to gain.
I see that bitmex are very risky but there's possibility that it may reach that huge amount.

[MobyCrypt]

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 would not really try anything leveraged in cryptos. This market is already so volatile that to increase volatility by the way of leverage (especially a 100X leverage) is a guaranteed road to disaster.

[Don Pedro Dinero]

To try to convert 1 bitcoin to 100 is a secure way to lose your savings. People failing for that kind of trap usually put all their savings first in bitcoin and then in leverage trading.

A smart use of leverage trading is doing it with a small part of your savings. So, you have cash, funds, bonds, stocks, metals, a paid house and some money in cryptos. Then if you have 1 bitcoin left, and that represents less than 5% of your savings you can try but you must learn a lot first.

[farosa]

Certainly possible, but trading with 100x leverage is a very risky. So, if movement don't go as you think, otherwise you may lose all of your money with a small move. In addition everything you do here is risky, because it is not known what Bitcoin will be after 1 hour, and the last time has become a bit frightening.

[Jating]

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 think its doable, its a possible of extreme luck and trading experience. So its really risky and maybe just a couple of traders who can pull this off, but for ordinary traders like most of us here, maybe we will be emotional if we see our bitcoins growing and in the long end, we might ended losing everything.

I know its really tempting, but again the risk is there and you need to be sharp focus and doesn't make a single mistakes along the way. And you can only do that if you have the needed experience. So don't try to attempt and replicate them. Might be better to take baby steps and see how it goes for you.

[sakahayang]

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

Bitmex is a Trading that uses leverage trading system which means a Trader who has capital and get loan funds from a broker, Ratio between own capital with loan capital from broker 1: 100 (funds you have to be smaller).

How it works is quite easy, you just need to buy a large contract (1: 100) then you trading. keep in mind, in this Bitmex you can get profit from selling and buying (name better known in Bitmex, Short for sale and Long To Buy).

When you are sure the price will go down, then you can short contract and when it drops from your entry price short, then you will get profit. Conversely, when we believe prices will go up, then you can be a long contract, when rising from your entry price short, then you will get a profit. When you get out of the contract in a state of profit then your BTC value will be more and more.
From here we can see the advantages are very easy, but in addition to get the benefits easily Bitmex has a risk called Liquidated Price means that when you are wrong in predicting the price of your capital then charred everything.

For me this risk is very frightening and I have never heard a trader playing in bitmex, although there that I think traders high class. if you have not enough experience I suggest play safe course, do not have to take risks as high as that.

[Pursuer]

Is it really possible ?

of course it is possible. this is a pump and dump market that we have. there are altcoins that get pumped 1000% in a short time. it is a fast and big profit for those who know how to take advantage of the manipulation in the market and can ride the waves.

I heard a youtuber making video on it by using bitmex....

if he really could make 100 BTC = $660k then he wouldn't have bothered with creating a youtube video about it and try earning pennies from that video.

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

not a good idea at all in my opinion. the risk of leverage trading is huge, specially now that the dumps have slowed down significantly although not stopped completely.

[gantez]

1btc for 100 btc ? You know I was thinking is for sort of magic or some task to be done until I read and realized it was all about leverage. Obviously, 100 for 1 as leverage is very risky because the trader who is not knowledgeable about leverage would think he/she has all the bitcoin and therefore, would be tempted to take unnecessary and unrealistic risk. For me, 1 to 1 is more preferred.

[yanto@1977]

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

From 1 btc become 100 btc is very high value and I believe if someone can do that, he will never share his strategy, trust me. In forex, leverage is only guarantee risk that you can take, if you success your profit will double because leverage, if not you know the answer. I suggest you to leave that mindset, topic, video with that kind information, it will break your hearts.

[Whosdaddy]

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

Man this will likely take you years. You didn’t even mention going from 50 BTC to 100 BTC, lol. 1 BTC to 100 BTC is really a difficult thing to do and if you’re not careful you might lose the one Bitcoin you have even before talking of a hundred.

The easiest way you can attain up to a hundred BTC in trading is if you’re able to purchase a number that is close to that and then trade with it. But with one. Bitcoin it is very difficult now that bitcoin is very costly.

[[ProTrader]]

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

The probability to make 100X in trading in a short period of time. You need a good strategy in trading, experience, updates on your coin portfolio and you also have to be aware on what is happening in the market.