Is it possible to double capital in 2 months?

[Triffin]

Don't think of something impossible or hard to achieve. It's better to set more modest goals that you'll be able to accomplish than something that will end up failing you. With the ability to double your funds in such a short time, you are likely to take too much risk to lose. Bitcoin isn't the weapon to get rich over night, no matter how tempting it is.

Actually no one know what Will happen to bitcoin in this and that year became bitcoin is unpredictable that no one know what is going to happen. I think we should focus on buying right now because yet market is so volatile and no one when it will stop to bullish so better keep patience and an investor should  not be that greedy to get rich in days or months it takes time to achieve something huge.

[Leviathan.007]

Yes, and you can even get more. Depends on your risk management.
Read my post here: https://bitcointalk.org/index.php?topic=5217065.msg53633301#msg53633301

[MWesterweele]

If you are an expert trader, there is a possibility you can double your capital within 2 months and it all depends on the analysis and the coins you choose and has the potential to benefit in the time you specify.
but this year is not the previous year because this year the market is slowly increasing and especially bitcoin.

I am disagree with this, I think it is hard to say that you may double capital in 2months, because for me, market is very unstable, we all know that, there are many pumps and dumps that are being happen in a day, I think you may double your capital if you make it in a long term investment, or if you make it in a day trading, it is more possible.

[alan2here]

If you are an expert trader, there is a possibility you can double your capital within 2 months and it all depends on the analysis and the coins you choose and has the potential to benefit in the time you specify.
but this year is not the previous year because this year the market is slowly increasing and especially bitcoin.

I am disagree with this, I think it is hard to say that you may double capital in 2months, because for me, market is very unstable, we all know that, there are many pumps and dumps that are being happen in a day, I think you may double your capital if you make it in a long term investment, or if you make it in a day trading, it is more possible.

Markets can put you at risk if you are not careful because there is usually no certainty in trading. I think it is possible for a good trader to earn double profits in 2 months. As I know, depends a lot on luck because very few coins can do this in the bear market. Personally, I just traded normally and didn't expect to be able to make double profits.

However, if you choose a good time to invest, your chances of making money will be higher than the bear market. Of course this does not guarantee your long term profit.

[Janation]

Don't think of something impossible or hard to achieve. It's better to set more modest goals that you'll be able to accomplish than something that will end up failing you. With the ability to double your funds in such a short time, you are likely to take too much risk to lose. Bitcoin isn't the weapon to get rich over night, no matter how tempting it is.

It is not that bad to dream.

I mean setting a goal is not bad. If it is hard to achieve, then work hard, the better you become, the better your profit can go. With this market, the price is really fast changing, and doubling your capital is not impossible but you should not hope that much since no one knows what might happen.

[IHF]

If you know what you do when trading and you are really skilled,I would say almost everything is possible. But you have to decide if you want to pay the price. And of course dont try to double if you are under heavy mental pressure!

Especially when it comes to derivatives it's just a question of leverage respective risk per trade, implied your strategy works well. Knowing what the Kelly Criteria is should help too by achiving this ambitioned goal https://en.wikipedia.org/wiki/Kelly_criterion

A proven strategy for almost every underlying is a volume based approach to the market. Basically you look for spikes above the average volume of the previous days and then take advantage of that influx of smart money which is indiated by that spike. In my opinion your only chance as a small trader is to follow the Big Boys. Indeed, not all of them are smart but they move the prices long term and initiate new significant trends. That's a fact.

From my experience this strategy works best on a daily basis in single stocks on the long side but it's also worthy in many different markets. Of course you also need to know how to manage a trade in a professional way. The exact entry point could be determined individual but should be done very early after a clear spike occurs. Often you can see good spikes after a company reports truly important news that directly effects revenue or sales which the market didnt expect.

On this site https://coin-flip-trading.com/2019/07/volumen-btc-trading-auf-tagesbasis.html I've discovered a good and comprehensible example trade of this approach trading Bitcoin BTCUSD (scroll down to trade #15).

Sadly it's german but maybe google translate can help out with that.

Cheers...

[imutlinda]

Don't think of something impossible or hard to achieve. It's better to set more modest goals that you'll be able to accomplish than something that will end up failing you. With the ability to double your funds in such a short time, you are likely to take too much risk to lose. Bitcoin isn't the weapon to get rich over night, no matter how tempting it is.

It is not that bad to dream.

I mean setting a goal is not bad. If it is hard to achieve, then work hard, the better you become, the better your profit can go. With this market, the price is really fast changing, and doubling your capital is not impossible but you should not hope that much since no one knows what might happen.

everything is related to the ability at its core, so we have to think realistically when we have a small fund and also the ability that is not enough to make us not going to get much benefit but rather to practice the ability. I think it would be better if the skills were trained first to get good profits in the future.

[rijaljun]

everything is related to the ability at its core, so we have to think realistically when we have a small fund and also the ability that is not enough to make us not going to get much benefit but rather to practice the ability. I think it would be better if the skills were trained first to get good profits in the future.

When you achieved something that is hard to achieve (like almost impossible) there are always two reasons : you worked really hard for it, or you were just lucky. In case you were just luck, it is useless and don't be proud because of it but if you have worked hard for it then you may use your knowledge continuously so instead of getting a huge profit once, you can get stable profit or even high profit everytime. That is why experiences and knowledge are very important.

[red4slash]

everything is related to the ability at its core, so we have to think realistically when we have a small fund and also the ability that is not enough to make us not going to get much benefit but rather to practice the ability. I think it would be better if the skills were trained first to get good profits in the future.

When you achieved something that is hard to achieve (like almost impossible) there are always two reasons : you worked really hard for it, or you were just lucky. In case you were just luck, it is useless and don't be proud because of it but if you have worked hard for it then you may use your knowledge continuously so instead of getting a huge profit once, you can get stable profit or even high profit everytime. That is why experiences and knowledge are very important.

basically every activity that makes money requires a strong ability and determination, but luck might be one of the causes. but luck will not happen continuously, and therefore ability is more favored because our self-support will be greater if we have knowledge and experience.

[AakZaki]

Let alone two months, a week that can be as long as you trade correctly.
In a sense you can buy at the right entry and sell it at the right position.  And do it over and over again, I'm sure you will get what you want.

But it will be a problem if you trade with a pressure on you.  What worries you cannot control your emotions, for example when you have gained emotional emotional level is high and then you do not take advantage of it, you might experience losses due to Crypto movements that are very volatile.

[Pamadar]

Let alone two months, a week that can be as long as you trade correctly.
In a sense you can buy at the right entry and sell it at the right position.  And do it over and over again, I'm sure you will get what you want.

But it will be a problem if you trade with a pressure on you.  What worries you cannot control your emotions, for example when you have gained emotional emotional level is high and then you do not take advantage of it, you might experience losses due to Crypto movements that are very volatile.

It's indeed difficult to make a good decision making once you are doing this business without controlling your emotions. Every timing needs to carefully assess, You should observe and plan everything never to blindly invest as it's really going to affect your investment if you mistakenly place your entry and see that the market movements is not favoring your side.

[IHF]

Control emotions is Nr1 skill to have as a trader, definitely.

But dont try to eliminate emotions completely, it wouldnt work. We urgendtly need them to experience our environment as a human. Just Know how you react when confronted with external incidents and then train to cope the right way. imo Habits do a really good job when it comes to handle emoitions in an efficient way.

[kotajikikox]

It completely depends upon the coin they choose because there is some altcoin where we can double our investment in days, but we should also have the knowledge about the trading because without knowing it is very hard to make profits. I myself failed to make in profits within 2 months.

Exactly the profit comes only from profitable coins so buy only good coin which can give trader expected profit in shortest time and for this quick profit we will have to trade for day. Just before starting to trade you buy some bitcoins then make research about trading and invest your money , trading with day is only way to get double profit that earlier but it need proper knowledge about day trading.

what?who told you that x2 can only gain in daytrading?who told you that?it seems that you only believe in the Pump and Dump coins and not the capacity of good coins to make progress not only overnight but in semi long terms.
remember that OP is asking about 2 months time so that means he had a lot of time making it possible,so why not diversify the capital into 4-6 currencies so the higher the chance of profiting on each currencies?

[Lecam]

I start trading when the year 2017 and my capital that time is  only 50$ worth of bitcoin very small amount but in only one month I double my capital. So I continue trade until my capital grow. I earn money for trading because in that year is very good to trade the bitcoin is so high and the other altcoins are very good to trade in short time. But now I stop it because bitcoin drop and almost altcoins are follow.

[Triffin]

I start trading when the year 2017 and my capital that time is  only 50$ worth of bitcoin very small amount but in only one month I double my capital. So I continue trade until my capital grow. I earn money for trading because in that year is very good to trade the bitcoin is so high and the other altcoins are very good to trade in short time. But now I stop it because bitcoin drop and almost altcoins are follow.

That's nice if you got double profit from trading in 2017  and at that time I am sure many people got such huge profit. I think getting double profit in such short term of trading is all about the worth of the coin and as you said now the price of altcoin has dropped down. Price matters a lot and if you trade in right time you will get exactly approximating doubled profit.

[tianglistrik]

I start trading when the year 2017 and my capital that time is  only 50$ worth of bitcoin very small amount but in only one month I double my capital. So I continue trade until my capital grow. I earn money for trading because in that year is very good to trade the bitcoin is so high and the other altcoins are very good to trade in short time. But now I stop it because bitcoin drop and almost altcoins are follow.

That's nice if you got double profit from trading in 2017  and at that time I am sure many people got such huge profit. I think getting double profit in such short term of trading is all about the worth of the coin and as you said now the price of altcoin has dropped down. Price matters a lot and if you trade in right time you will get exactly approximating doubled profit.

if we trade at the right time then profits can multiply, and in fact there will always be the right time to start trading but this requires the ability to find the price action time.
so prepare yourself before trading, because market conditions can change.

[mrquackquack]

You can take a risk and buy extremely low rate coins or in a stock markets setting the equivalent to how you say "penny stocks" if you get lucky or do your homework on a legitimate project in may turn out to be a profitable venture.

[bobitza]

You can double your capital within 2 months that's what is possible. As long as the cryptocurrency market goes up quickly, your profits will go up. In the past, many investors got rich quickly after just one month because the price of bitcoin then peaked. But not always the price is as you expect. It depends on your vision and luck. Invest in the right time or not?

[Ken_terrance]

With trading you can easily double your bitcoin within that 2months, mind you bitcoin trading is very risky so you have to learn about trading very jumping into the wagon, if you are ready to take the risk then you can proceed, the best trick is buy low and sell high

[bitbunnny]

You can double your capital within 2 months that's what is possible. As long as the cryptocurrency market goes up quickly, your profits will go up. In the past, many investors got rich quickly after just one month because the price of bitcoin then peaked. But not always the price is as you expect. It depends on your vision and luck. Invest in the right time or not?

It depends on amount of capital and taken risk. Although it sounds easy in practice it isn't. Many factors should come together along with positive trends on the market but often that can't be predicted. To my opinion it's better to set more moderate goals and to go step by step.