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Author Topic: Converting 1 BTC to 100 BTC  (Read 2634 times)
Koadharber
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August 03, 2018, 10:47:43 PM
 #81

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
Leverage trading is the thing I don't like because of the risk but somehow there are still some people who do risk out due to such earning potential but come to think or mentioning 1 btc to 100 BTC would really be very very hard. If you aren't still skillful or experience on how you do trade then better don't mind up on proceeding yet you would just only waste up that 1 btc capital of yours. Just focus on those step by step investments it might be slow on return but somehow less risk.

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August 04, 2018, 03:20:39 AM
 #82

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.
As long as you can take the big risk by investing your money in the ico and it looks possible for you to get 100 bitcoins in a short time. But if you are not wanna betting on there and then that should take more than a hundred year for you to make your 1 bitcoin to the 100 bitcoin. I guess that's really important thing to know that,

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August 04, 2018, 04:30:26 AM
 #83

Possibility has to be yes but using possibility is not a tool in making investment decision; I prefer probability.
From my perspective in current market, the probability of getting 100btc from 1btc through leverage trading is less than 1%.
So you should know where the odds lies.

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August 05, 2018, 09:11:21 AM
 #84

Leverage, however, is risky. Angry
So if you make a small mistake, you lose all your principal. ,

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Scott Evans
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August 05, 2018, 09:14:54 AM
 #85

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 must admit, this is the first time i hear about that. I have rule, if it sounds too good must be scam or just not working.
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August 05, 2018, 09:17:17 AM
 #86

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
Perhaps this is meant that the person who created this scam will earn on your bitcoins hundreds of them. I would not believe in your place, it is unlikely possible. You are at risk of being deceived.
vcrypte
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August 09, 2018, 02:42:05 PM
 #87

No. And again no. It is something like is it possible to convert a ruble to 100 rubles. Maybe in theory it is possible, but it will take a lot of time.
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August 09, 2018, 02:45:37 PM
 #88

Theoretically, it is possible to win 100 BTC if you make the right trade. But it is extremely risky, I guess you will lost the 1 BTC when BTC price move $100 against you.

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August 09, 2018, 02:58:45 PM
 #89

Bitmex is just a gamble. I advise you not to participate in it, believe me, you will have to regret when the account is burnt out. You will not be able to win
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August 09, 2018, 10:07:29 PM
 #90

This is possible but I'm not saying that this is impossible now but as the market moves on to the higher level, value is going up.
The question is on how long can you make that 1 btc survive to reach 100 btc? yes, gambling and trading is there but losses are inevitable so it will be a tough road.

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August 09, 2018, 10:30:21 PM
 #91

Such things not only very hard even for pro trader to achieve but also sounds fishy and creates doubt among new investors and in greed they take risk without any proper research . margin trading is profitable no doubt but x100 leverage is seriously much risky , it will be a gambling if you do it just on basis of guts . better you invest that 1 BTC in some interesting projects , or hold in btc itself bcoz market is full of risk for most of alts .

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August 14, 2018, 05:26:58 PM
 #92

I believe not. 1 bitcoin is too small an investment to play on the stock exchange and turn it into 100 bitcoins.

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August 16, 2018, 11:48:06 AM
 #93

I believe not. 1 bitcoin is too small an investment to play on the stock exchange and turn it into 100 bitcoins.
That is right. One Bitcoin cannot be converted into 100 even a long time because the growth in one Bitcoin is cannot be as high as to makeup the values of 100 of Bitcoins. Besides, It is just enough to earn even few thousand dollars and invest in some traditional business to have a mean that could easily give you a solid flow of income. Trying to convert 1 Bitcoin into 100 Bitcoin is insanity and not possible.
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August 16, 2018, 11:52:40 AM
 #94

You should read up on margin and leveraged trading, and understand the risks before you dive into it [1]. Sometimes the risk is worth the reward, and you should pursue high beta opportunities. But if you go in blind, you're gambling and shouldn't feel surprised if you lose everything (which can definitely happen).

[1] https://www.investopedia.com/university/how-be-trader/beginner-trading-fundamentals-leverage-and-margin.asp
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August 16, 2018, 03:55:35 PM
 #95

To the above I add:
As a rule, charts of price changes are built using a candlestick chart. Each candle has a shadow. These shadows often knock out amateur for trade with a large leverage.
When you trade a large leverage, you can hardly control the situation.

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August 17, 2018, 09:19:03 AM
 #96

Only if on a very long period of time, for several years it is possible, transferring funds to altcoins and back, analyzing and following the direction of the market.
In the current period, speed is the only thing people need in earning money and even if it will take you to make 100 Bitcoins out of 1 Bitcoin, it would require a long long time which is not worth waiting for because in the long term, every one is dead. Instead one should be rational enough to trade and earn quickly when the market is green and so on. One should not waste a life for the sake of earning money and should be involved in social activities as well.
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August 17, 2018, 10:25:35 AM
 #97

I'd stay away if someone promised me 100x return of my investment. Better invest in some ICO's or in good already existing projects.
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August 19, 2018, 05:58:22 PM
 #98

This is basically impossible to achieve. 1BTC becomes 100BTC? This is probably a scam. It is impossible to achieve, I will not participate. This is too risky.

I will never believe that a serious man, who is interested in investing money in Bitcoins, may ever guess that 1 BTC can be turned into 100 BTC. It will never happen. Better buy the cryptocurrency and hold it.
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August 19, 2018, 06:30:36 PM
 #99

I definitely would NOT try.
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August 19, 2018, 06:42:39 PM
 #100

I'd stay away if someone promised me 100x return of my investment. Better invest in some ICO's or in good already existing projects.
If its too good to be true then dont believe. 100x return is extremely hard to do since the pricr of bitcoin is now worth $6300. Dont be fooled if a youtuber tells that and he gives instructions on how you are going to do that. Thats very unfair on your part, the only way to do it is by gambling.

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