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

[Bagaji]

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

Please can you provide evidence of what you are claiming  in your submission above so that one can be able to see to whether what you are saying is true or not. From $1000 to $1 million within 10 years to me sound unrealistic but if anyone else has been able to make such an amount then big congratulation to such person.

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[BitSat19]

Nothing is impossible in crypto, I hope you success OP.
$1,000 to $1 Million is a very ambitious journey, but if it's achievable in long term hold, it could also be possible through active trading.

Good luck, x1,000 of your capital is quite hard to achieve now that we are not anymore in the early stage but your dedication will make it possible.

I don't want to burst OP's bubble but I think waiting for his money to grow up to 1 million will take him forever. Don't get me wrong, I believe that he can definitely make profit in due time but 1M is too big. If you really want to attain that dream then don't just wait and depend on the power of time, he should grind by means of doing trading or maybe business or any kind of investment .

I also have same feeling but still believe he can do some good in short period even its just a challenge he need to carry on until he can survive I was also planing but due to some issue I fail so I drop this idea now happy to watch this all.

[South Park]

Hey everyone,

First I will say that I am not offering or advertising anything, I am not and will not take any money.

I have been trying things here and there and after some good success decided to give myself a proper challenge! I will try to go from $1000 to a Million in less than 10 years (the baseline is 8 years).

While making the calculations I actually realized that as crazy as this challenge is already, 8 years is a long time haha.

I really wish you luck but do you realize that you will need to double your money each year during the next 10 years to get those kind of results?

Year 1: 1000*2=2000
Year 2: 2000*2=4000
Year 3: 4000*2=8000
Year 4: 8000*2=16000
Year 5: 16000*2=32000
Year 6: 32000*2=64000
Year 7: 6400*2=128000
Year 8: 128000*2=256000
Year 9: 256000*2=512000
Year 10: 512000*2=10240000


Unless you are willing to invest in icos or you are willing to use a huge level of leverage I do not see how those results will be possible, you are still on time to reconsider your goal since it seems so unrealistic to me.

[pajak666]

Hey everyone,

First I will say that I am not offering or advertising anything, I am not and will not take any money.

I have been trying things here and there and after some good success decided to give myself a proper challenge! I will try to go from $1000 to a Million in less than 10 years (the baseline is 8 years).

While making the calculations I actually realized that as crazy as this challenge is already, 8 years is a long time haha.

I really wish you luck but do you realize that you will need to double your money each year during the next 10 years to get those kind of results?

Year 1: 1000*2=2000
Year 2: 2000*2=4000
Year 3: 4000*2=8000
Year 4: 8000*2=16000
Year 5: 16000*2=32000
Year 6: 32000*2=64000
Year 7: 6400*2=128000
Year 8: 128000*2=256000
Year 9: 256000*2=512000
Year 10: 512000*2=10240000


Unless you are willing to invest in icos or you are willing to use a huge level of leverage I do not see how those results will be possible, you are still on time to reconsider your goal since it seems so unrealistic to me.

I think first 3 targets can be taken pretty lightly as I imagine OP will be capable of working and reloading the initial amount so he can pursue way riskier trades this way. It's not like you are trying to double 1 mil right off the bat. You can go really aggressive at the beginning when starting from small capital that is not life defining for you. I mean both more aggressive bankroll management as well as riskier trades themselves and probably decent leverage as well. Until the money get serious ofc. Going from 1000 to 3000 is quite possible I'd say. By no means I would try to that from 10000 to 30000 for this matter.

[jostorres]

Well,  good luck with your challenge. I’m not so much good when it comes to day trading so I don’t rely much on it. Even if I decide today to be saving a particular amount everyday till I reach a million dollar, the price can fall at anytime and I will not achieve that and would have to restart lol. But anyway, long term investment has been what I’m mainly into.

As for day trading, I just do it whenever like I’m actually going to make the accurate predictions. And apart from day trading of cryptocurrency I also do contract trading and it works pretty well for me.

[Reid]

First of all good luck.  You will need it.

Yeah, 8 years sounds too long.
So, is it going to be $1M in cash or in USDT? or maybe it will be better in bitcoin but I think you cannot calculate it well since it is moving a lot.
It will happen, as long as you stay with the low risk kind of trading or investment.

As for my own view, I would pretty much prefer $1m in bitcoin. Just at that range even though it is still moving in thousands or hundreds.
As long as I know it is near $1m. 

[jouesurf]

First of all good luck.  You will need it.

Yeah, 8 years sounds too long.
So, is it going to be $1M in cash or in USDT? or maybe it will be better in bitcoin but I think you cannot calculate it well since it is moving a lot.
It will happen, as long as you stay with the low risk kind of trading or investment.

As for my own view, I would pretty much prefer $1m in bitcoin. Just at that range even though it is still moving in thousands or hundreds.
As long as I know it is near $1m. 

It won't be cash, either BTC or USDT (or similar).
Even if everything goes well, one problem I will definitely end up facing will be liquidity. At first it's all good, but then when profits start to mean big then it's a different story.
That is also the reason why I use cryptos: at inception they are worth nothing (ie it costs nothing to create). This makes it possible to take out a lot of profits in monetary value which would be very complicated otherwise.

[BitSat19]

First of all good luck.  You will need it.

Yeah, 8 years sounds too long.
So, is it going to be $1M in cash or in USDT? or maybe it will be better in bitcoin but I think you cannot calculate it well since it is moving a lot.
It will happen, as long as you stay with the low risk kind of trading or investment.

As for my own view, I would pretty much prefer $1m in bitcoin. Just at that range even though it is still moving in thousands or hundreds.
As long as I know it is near $1m. 

It won't be cash, either BTC or USDT (or similar).
Even if everything goes well, one problem I will definitely end up facing will be liquidity. At first it's all good, but then when profits start to mean big then it's a different story.
That is also the reason why I use cryptos: at inception they are worth nothing (ie it costs nothing to create). This makes it possible to take out a lot of profits in monetary value which would be very complicated otherwise.

Right now don't think about liquidity or any thing else as you need to give all focus on your target as now I am also going to start like this but will not post here as its not good feeling very energetic and starting some less amount from you hopefully this could be end in good.

[nicolas1979]

Fantastic challenge and I believe everything is possible as long disciplines and consistent. Depend your explanation you already have good strategy and plan, the point is you play with quantity not value. Target and moment is same but when you replace with high quantity the result will be not same. Double income with same range that's economic business principal. Let's hope you keep share the progress and good luck to you.

[jouesurf]

First of all good luck.  You will need it.

Yeah, 8 years sounds too long.
So, is it going to be $1M in cash or in USDT? or maybe it will be better in bitcoin but I think you cannot calculate it well since it is moving a lot.
It will happen, as long as you stay with the low risk kind of trading or investment.

As for my own view, I would pretty much prefer $1m in bitcoin. Just at that range even though it is still moving in thousands or hundreds.
As long as I know it is near $1m. 

It won't be cash, either BTC or USDT (or similar).
Even if everything goes well, one problem I will definitely end up facing will be liquidity. At first it's all good, but then when profits start to mean big then it's a different story.
That is also the reason why I use cryptos: at inception they are worth nothing (ie it costs nothing to create). This makes it possible to take out a lot of profits in monetary value which would be very complicated otherwise.

Right now don't think about liquidity or any thing else as you need to give all focus on your target as now I am also going to start like this but will not post here as its not good feeling very energetic and starting some less amount from you hopefully this could be end in good.

All the best to you too!

[Linkkoin]

All the best to you too!

And remember to have everything recorded, because with all the higher levels of verification you will be asked for sources of funds/how did you get the crypto and where from. If you fail to do so, then your account could be even suspended, making such a challenge impossible to be finished!

[BitSat19]

All the best to you too!

And remember to have everything recorded, because with all the higher levels of verification you will be asked for sources of funds/how did you get the crypto and where from. If you fail to do so, then your account could be even suspended, making such a challenge impossible to be finished!

This is not the case OP can withdraw funds time by time because its very important never trust any exchange they can steal so better keep funds  in your own wallet.

[Hallmader]

All the best to you too!

And remember to have everything recorded, because with all the higher levels of verification you will be asked for sources of funds/how did you get the crypto and where from. If you fail to do so, then your account could be even suspended, making such a challenge impossible to be finished!

This is not the case OP can withdraw funds time by time because its very important never trust any exchange they can steal so better keep funds  in your own wallet.

If you are not trading full time, you better keep your funds somewhere where you have the private keys to it. But if you are trading, you don't have much of a choice but to keep your coins in a trading wallet. You cannot afford to keep them in a hardware wallet and then take them out every time you do day trading. That would be a total waste of fees. Just be careful with exchange wallets. Keep away from phishing sites, do not easily respond to emails representing themselves as exchange staff asking for money or keys.

[Hamphser]

Nothing is impossible in crypto, I hope you success OP.
$1,000 to $1 Million is a very ambitious journey, but if it's achievable in long term hold, it could also be possible through active trading.

Good luck, x1,000 of your capital is quite hard to achieve now that we are not anymore in the early stage but your dedication will make it possible.

Everything is possible but its almost impossible to reach it up on short time and as mentioned we arent already on early stage where
reaching these numbers isnt really that realistic.Frankly speaking it would really come to a time where you do get bored without even
reaching your goal.Well, this will vary or depend on ones dedication if he would pursue or not.
$1k to $1M? Its almost an impossible journey.

I believe everything can be attain through hard work and patience but of course, it will take more time to reach that goal in no time. As long as you maintain the pace of gaining profit without any hindrance and disturbances i think you will likely attain your target profit.

[cotton ball]

Look crazy with your promoting and brave with your website promote in bitcointalk forum, how ever many expert of investment assets here and you look confidence to promote scam investing site, how ever you have been eight years in investment project but what have you explain is crazy for investing just few days become scam site investment.

[pajak666]

I don't think liquidity will ever really become a problem in this challange lol There is more than enough shitcoins to be picking from and if you only diversify your strategies a little then there will be no problem at all. There are many other options (hehe) than just buying and selling an asset when it comes to trading and 1mil capital for those might not be even enough. Liquidity is only a concern for variance type of thing when we need to measure volatility of a market.

[rodskee]

well we are only talking $1000 in this so i think there is no big pressure on this one because the amount is tolerable and the waiting is 8 years?that is good enough for long term holding right?

actually i have same idea but i only wanted to have my Bitcoin in my wallet and see it grows as years come by.

will be saving this thread for the next 8 years of checking.

[Murat]

A very well planning for making one million within eight years, time is really an important fact in this matter because you have to wait and trade in the meantime, a lot of mental patients, energy could reach your goal, That's not an easy task anymore because eight years is not a small-time, it's huge, But regarding this issue, You must have to gather a huge experience in this field especially in trading purpose, if you have experience from any trading platform like Forex, Crypto, and stock then it might be useful for you. not only that but also you will require the luck favor then you will reach the goal.

[bamboylee]

What I mostly do within the frame of this challenge is Sports Betting (90%).

Do you really expect to gain 8% every month with Sports betting in 8 years?

I think OP's approach here is too optimistic. He did not even put into account losing in his calculation.

Op needs to layout a realistic plan at least and achieve small goals before aiming for the 1Million.

[jouesurf]

Look crazy with your promoting and brave with your website promote in bitcointalk forum, how ever many expert of investment assets here and you look confidence to promote scam investing site, how ever you have been eight years in investment project but what have you explain is crazy for investing just few days become scam site investment.

You understood that there is no site, no offer, no investment or anything right?!? How can nothing turn to a scam, I don't get it!?!