My personal challenge: $1,000 to $1 Million

[pajak666]

That's why I think my goal of $1M is "reasonable"

Well, good luck man Target is definitely achievable but is hard work in front of you. That is over $10000k per month that you want to be making just for this sole purpose, so I guess we can see linear approach is not a way do to it What will be your main approach for doing this? All trading or at some point you might want to flip houses or what else?

[1714574420]

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[TitanGEL]

They laugh at you because it is not realistic, there is no holy grail investment where your $1000 can become $1M in just 10 years. Trading can help us to increase our portfolio but we should expect realistic outcome. You cannot easily achieve $1M if your capital is too low. I only saying that the probability achieving this goal is too short because of the risks in the market.

[adroitful_one]

They laugh at you because it is not realistic, there is no holy grail investment where your $1000 can become $1M in just 10 years. Trading can help us to increase our portfolio but we should expect realistic outcome. You cannot easily achieve $1M if your capital is too low. I only saying that the probability achieving this goal is too short because of the risks in the market.

I'm not laughing. If you really want to accomplish something, set a goal really high and go for it. He may not ever get to the 1 million, but even if he gets half way there, he'll be extremely happy. Besides, there is a very real possibility he may actually get that 1 million dollars if he keeps at it. Just keep making good trades and even starting from $10 he could get there. That's the power of compounding gains! Good luck, OP. Don't forget me when you hit that million!

[MURONDI]

in my opinion no one wants to follow or monitor your progress, eight years is not a short time, people won't waste their time for eight years just following your trade, unless you provide commensurate rewards every week or every month.

[Kemarit]

That's why I think my goal of $1M is "reasonable"

Well, good luck man Target is definitely achievable but is hard work in front of you. That is over $10000k per month that you want to be making just for this sole purpose, so I guess we can see linear approach is not a way do to it What will be your main approach for doing this? All trading or at some point you might want to flip houses or what else?

I doubt that linear approach could be appropriate as well. I mean we all know that the market is volatile and most of the time we won't see that kind of profits in a month, and mind you it is really huge. But that the OP's dream though, we can't break his mind because he is really focus in achieving his goals. It might be too long for the majority of us, but if he put his mind on it, I'm sure that one day, maybe he can reach that $1 million dream of his.

[janggernaut]

in my opinion no one wants to follow or monitor your progress, eight years is not a short time, people won't waste their time for eight years just following your trade, unless you provide commensurate rewards every week or every month.

Why no one follow him? His goal is very realistic for me. There was a thread where someone hitv$1million from his initial investment from $10k. He did it less than 2 years since he started

[maxreish]

I wish you luck on your trading journey. From $1000 to 1million in 10 years? Of course, you can make it. If you have a success trading within 10 years and you save up monthly with your computation, later on you will achieve your goal. Remember that small profits when save up until the target time, then $1million is possible.

You can also follow some advices from the other members, trading journal really is a big help and you can also try some trading tracker to track if your trading is doing good or not.

[Chrystora123]

snip..

$1000 to $ 1 Million in 10 years!!  I sincerely wish your plan success..  many successful people at this time have been ignored by friends and even family when starting their ideas, but success is not easy, you really have to work hard and be creative.  Good Luck bro..

[jouesurf]

Firstly, I did not understand why you set up a site for this. I can not find relationship between thought and the site. Was the site necessary to show them to someone?

I guess you can also see the risks. Because earning in good condition for a short time does not mean that it will always be. If the market goes down like last year, you should digest the results. So how do you intend to counter with it in such a volatile market? Did you think something for that?

And I don't see any connection with his sports betting and trading. We are on trading discussion and he admitted that most of his profits come from bets so where's the trading part.

Profit curve is nothing without a proof of bets and trades. I could be more convincing myself and set up a wallet address where I would keep sending coins and telling everyone that those are my profits from trading coming in.

Yes, trading is a very small part of it.
Showing proof would be akin to be promoting something no?

[jouesurf]

in my opinion no one wants to follow or monitor your progress, eight years is not a short time, people won't waste their time for eight years just following your trade, unless you provide commensurate rewards every week or every month.

hum, you do have a point... Should I just have this post deleted and forget about it then?

[jouesurf]

in my opinion no one wants to follow or monitor your progress, eight years is not a short time, people won't waste their time for eight years just following your trade, unless you provide commensurate rewards every week or every month.

Why no one follow him? His goal is very realistic for me. There was a thread where someone hitv$1million from his initial investment from $10k. He did it less than 2 years since he started

Oh that's awesome, do you have the link of that post?

[spike420211]

Well, I wish you good luck. I would like to see a detailed plan and each of your steps in the steps on your site. Feel free to post it even if you suffer multiple setbacks.
Your experience can help many dreamers like you not to make mistakes, or vice versa to learn something significant.

[Asmonist]

Making personal challenge will really give you courage. Whatever your goal or purpose of postinf this, I think the challenge should be between you and yourself alone. In the end ita you who can initiate and work it out. I guess everybody has challenge themselves as well. Besides, its your assets and personally if I were to challengw myself I want it something private. Otherwise, it sounds like envying others or on the other hand challenges or encourages someone.

[Linkkoin]

They laugh at you because it is not realistic, there is no holy grail investment where your $1000 can become $1M in just 10 years. Trading can help us to increase our portfolio but we should expect realistic outcome. You cannot easily achieve $1M if your capital is too low. I only saying that the probability achieving this goal is too short because of the risks in the market.

Technically it could be possible even for someone who is not a professional daily trader. Example:
1. Some time ago, you bought 10 BTC for $100 each. You had been HODLing it until 2017 peak (and sold for $16000/BTC) - when mass media was all about BTC
2. You waited carefully to the bottom, hearing about crypto nuclear winter - bought BTC when in December 2018 it was for $4000. If you invested all cash from 2017 sale of BTC, you would have had 40 BTC.
3. Next, you waited until that small hype of July 2019 and sold all 40 BTC for $12000 each. $480000 it is.
4. As in previous year, you waited until the December bottom took place, and bought at ~$7000/BTC. As a result you have in your wallet almost 70 BTC
5. If BTC will go back to $20000 levels this year as expected by many, the value of that wallet is going to be ~$1400000

Of course, if we deduct the income taxes (if applicable), the value of wallet at point no. 5 would be closer to $1M not 1,5M.

[Taskford]

What a guts you have right now but since the duration to reach your goal is so far to be happen since 8 years pan is so long time and many things to be happen then maybe you are in good shape if you are wise on your investment decision. And I suggest that you should not invest your message money on the first year and educate yourself on tradings since if you do this for sure in next year you are ready to multiple your bitcoins and reach to your $1m goal.

[Assface16678]

in my opinion no one wants to follow or monitor your progress, eight years is not a short time, people won't waste their time for eight years just following your trade, unless you provide commensurate rewards every week or every month.

That is really a long time and some people may forget him in that period but that give us a lesson that if we hold like him then one day we will also be millionaire. It is also a guideline for some people who do not know that for how much time they have to hold. It is also an answer to those who say that bitcoin do not have future, here they can get the answer that people have that longer trust on bitcoin and they do not worry to keep their money in bitcoin for that longer time.

One of the best things today, if you are now earning a lot of money, is always set a goal because some of us today even we can earn enough money we are going to content because we can now survive the life but still always make a goal in your life. In the first stage of your process to earn is it is hard at the start because you are doubting and having negative thoughts but still always look for your goal. Today with the use of cryptocurrency too and have good knowledge and skills, you can now earn more and faster of money with the use of trading, and gambling life becomes easier but still take care of all of your actions.

[rijaljun]

It must have been my post then.

Things were not proper and I changed the bad parts of the site after the feedback.

Back then I tried to explain and convey that I am not promoting or whatever anything but I agree the page was not great for that. I did apologize for the misunderstanding too.

The page will remain as it is (unless I get feedback that I should change something again), all I will do is update with results.
Actually I removed the email address, that should prove further my good faith, I hope.

I just wanted people to root for me and see it can be done (if I manage to do it ofc)

I would love to watch you doing the challenge alone, with your own capital, without any other's capital in your account so I can see the pure result on it.

[Sadlife]

That's quite a lot pressure you put yourself into man, especially with a lot of emotions going through your mind i wonder if it doesn't affect your trades. You know, even the best gets rekt when they get to greedy. Just some suggestions why not put up a youtube vlog to show people the progress then it will also kinda show how real trading action works, the success and trials and error just kinda show in perspective that trading is not easy.

[Divinespark]

What is your strategy to increase from 1000$ to 1 million $ within 10 years? You will do daily trading to earn profit and accumulate every day, or you will try to find a certain altcoin and hold for 10 years and if lucky, your investment will increase to $ 1 million ? Also why are you providing a strange link here? it's best to update this topic regularly and that will get people here paying attention to your insanity

[outatime1]

That sounds crazy but it's actually realistic for Bitcoin.  In eight years there has been a lot of growth from almost nothing to around $8000 which is a huge gain.