Too good to be true?

[LastKiss]

Is it possible to invest 100$ in altcoin and turn to 7,000$? Have this ever happened to anyone on here? Is this even possible?.

Well it happened to me but not that much only around 5k to 6k tho and it needs a long time to make that happen, also I keep following the tokens update from the start until I got that amount. I think we can easily 10x on return when the next bull market happens it just needs more patience to make that happen.

[Nazmul012]

Why not? If you can spot the right gems then It'll be possible to make your $100 to $7k even more. Check out the graph of all popular altcoins. They raise thousands time from their ico price. Of course someone invested on ICOs of those project right? Thus if you can find such project then possible but difficult to spot out. Even there will be high risk cause you are aiming for high gains. If you have small capital then i won’t recommend you to take such risk.

[bounceback]

Is it possible to invest 100$ in altcoin and turn to 7,000$? Have this ever happened to anyone on here? Is this even possible?.

Well it happened to me but not that much only around 5k to 6k tho and it needs a long time to make that happen, also I keep following the tokens update from the start until I got that amount. I think we can easily 10x on return when the next bull market happens it just needs more patience to make that happen.

Congratulations you have earned that amount of return but can you please tell us what coin you invested at that time and how long it will take to hold the coin so that you make a profit of $5k-$6k, investing in any cryptocurrency can happen but It It really depends on how we choose the projects we want to invest in and it is necessary for us to always be careful not to incur losses.

[bastian466]

It turns out that many have experienced it. although I've never experienced it myself. I also believe that beautiful things can happen, as long as you invest in the right places for example in trends and hype like the shiba period or something else. Bull bears can also determine success, if you start investing at a time like this in a bear market and then hold it until a new ATH will be in the bull market, just choose which altcoin is suitable to hold.  believe that the impossible here can happen and have many examples

[wiss19]

$100 is a big amount already and it's a nice capital to start with crypto investing. With this kind of amount, earning $7k is definitely possible and we can even earn more than that as soon as the momentum favors us. With the amount of people that invest in crypto, I am very sure that similar scenario have already happened to them where they invest the same amount and then harvest the same profit as well.

This can also be possible to you @OP if you haven't started yet. It wasn't late yet since the market is still in bearish mode. You can try to invest on those top altcoins which also has a cheap value on them like matic for example. I won't really consider eth and alike since their base price were already high.

[Maidak]

$100 is a big amount already and it's a nice capital to start with crypto investing. With this kind of amount, earning $7k is definitely possible and we can even earn more than that as soon as the momentum favors us. With the amount of people that invest in crypto, I am very sure that similar scenario have already happened to them where they invest the same amount and then harvest the same profit as well.

This can also be possible to you @OP if you haven't started yet. It wasn't late yet since the market is still in bearish mode. You can try to invest on those top altcoins which also has a cheap value on them like matic for example. I won't really consider eth and alike since their base price were already high.

Investing in top altcoins is of course the right choice but I doubt that investing in ETH will be able to make a profit of $7k with just $100 of initial capital. I don't think so, I don't think ETH will help OP reach that level of profit, if it does then OP will have to hold ETH for 10 years or more and that's too far-fetched. To achieve OP's desired goal, in my opinion must take risks and invest in new projects, newly released projects or projects that have not yet issued tokens. What we will do is take all the research seriously and take the risk if we want to get high returns.

[Altryist]

waiting a long time for an uncertain big profit is not a good choice. But if the investment yields small but frequent returns this will be a good income. But it also depends on what coins are held. An altcoin that has good potential is certainly a recommendation. It is not recommended to use altcoins that are just hype at the beginning. Bitcoin is the main choice and for altcoins ETH is still the first choice.

But bitcoin is not a coin that will bring a small but stable profit, bitcoin is a long-term investment that can bring big profits if you choose the right time to invest. If I hear about a small stable income, then the first thing I think of is staking stablecoins, but in fact, the profit obtained in this way is really very small. Therefore, I believe that it is better to buy bitcoin for the long term and wait longer, but get a much larger profit.

[Pelana vreo]

Is it possible to invest 100$ in altcoin and turn to 7,000$? Have this ever happened to anyone on here? Is this even possible?.

That's enough to buy new tokens, you can make a profit by buying memecoin or tokens that have a market cap below $1 million usd.

But there is no guarantee to get profit quickly, for example like this token https://poocoin.app/tokens/0xca0823d3d04b9faea7803ccb87fa8596775190dd I bought it at MC $100k usd then it went up to $10 million usd after 2 months of launch, this is an example but always look existing risk.

Stay DYOR

[Samaila Samy]

Is it possible to invest 100$ in altcoin and turn to 7,000$? Have this ever happened to anyone on here? Is this even possible?.

Why would you say that? Of course, it is possible. This is how thousands of people get rich on crypto.
How to make it happen is another question.
There are just two options and no more: either you must have done something very very nice in your previous life (pure luck and you know nothing about investing and trading) or you are super smart and hardworking ‘cause you spent much time and efforts to master trading to be able to find a gem you can get rich on (to recognize such a project is not easy to say the least).

[Lizzylove1]

I invested $20 in WOOF, I saw $7,800 but collected just $800 thinking I was going to hit $200K, it's now $130 still in profit. I invested over $400 in cake and saw over $16k, maybe I collected over $2k, Ubix I invested over $100 and saw over $7k but collected just $300. Funny, the list goes on but I won't take less anymore because such opportunities are difficult.

[Stalker22]

It can be and does happen, but I don't see it happening today, there are so many more coins which gives us less chance to participate in these big "pump and dump" markets. So invest in something which actually has a solid development with focus on its users, and may well offer big gains in the future. It is never too late to play the crypto markets, do your research and invest wisely.
Can it be done? Yea, of course, but I would rather invest in something which I can hold for a longer period of time, I don't want to lose all my money too soon just because some pump and dump group is up all night trying to get it up and then its sold down the drain.

[StreakW]

Is it possible to invest 100$ in altcoin and turn to 7,000$? Have this ever happened to anyone on here? Is this even possible?.

It might happen, with small capital but get a very large profit. However, achieving this requires a long process as well as good skills in analyzing the market and being able to determine when the right time to buy and sell so that the set profit target can be achieved.

[m2017]

Is it possible to invest 100$ in altcoin and turn to 7,000$? Have this ever happened to anyone on here? Is this even possible?.

It might happen, with small capital but get a very large profit. However, achieving this requires a long process as well as good skills in analyzing the market and being able to determine when the right time to buy and sell so that the set profit target can be achieved.

These are all words that are usually said to beginners. That's what I'll say. To turn $100 into $7,000, in most cases, you will not need any market analysis skills or the ability to determine the right time to buy or sell. To do this, you need only one quality - luck. If you are lucky, the investment will bring good dividends. It's like playing the lottery. Of course, it is possible, but the probability is very low. Or it will take decades to reach this bar. Of course, if altcoin doesn't cease to exist by then.

[sou-kou]

It is normal to say this, I have encountered it, but in the end I did not make so much, and few people can hold the final victory.

[Rasa nanas]

very likely. but of course I haven't felt that way 
someone who invested in crypto 10 years ago would definitely feel this way. for example if you invested $100 in doge or shiba before these altcoins became famous it could make you a very rich man.

[Sterbens]

very likely. but of course I haven't felt that way 
someone who invested in crypto 10 years ago would definitely feel this way. for example if you invested $100 in doge or shiba before these altcoins became famous it could make you a very rich man.

Nothing is impossible in the cryptocurrency space, but it also has to be accompanied by luck in my opinion. Because it won't be easy to do, especially if we know which coins have the potential to be like that. The analysis that we do must be really mature and also keep in mind that it doesn't always give us an advantage.
Doge or Shiba are examples that we can see, now it is possible that we will find coins like that again, but it will be very difficult to find them.

[Miaallen]

Investing and getting of a returns in thousands folds is really possible in the cryptocurrency world. Those that invested just $100 into Shiba Inu at start now have their investment to worth a fortune if the hold their token.

The too good to be true is now a problem as many projects are said to be designed to do multiple Xes of the investment but end up being used to rip investors off their funds. To be safe in the cryptocurrency world of today, if it too good to be real, it might probably not be real.

[sulendra12]

Is it possible to invest 100$ in altcoin and turn to 7,000$? Have this ever happened to anyone on here? Is this even possible?.

I haven't encountered by myself 70X coin because the biggest trade profit I have ever made was just 5X and it's actually really difficult to maintain the emotions during that high profit because I don't want to be greedy and losing all of my profits because of my greediness, really easy to lose all of your money because of that matter.

It's possible in cryptocurrency market but of course it does have really big risks on top of that profit and the price might crash anytime soon during that pump anyways especially during these days where altcoin is really wild.

[Blawpaw]

Is it possible to invest 100$ in altcoin and turn to 7,000$? Have this ever happened to anyone on here? Is this even possible?.

Yes it is possible. You just need to catch that one token at the right time for the right price and with a bit of luck you could do a lot more than 7k. Remember when you could buy eth for around 30 bucks? So for instance, if you had bought in at the right time, considering the lows and highs, if you had sold at its peak you would have made a lot more. And for those who bought in to bitcoin when it was around 30 bucks, just think about how much they have done....

[trendcoin]

...

I'm sure there are many examples that have happened before. However, this is not an easy thing because you have to take a lot of risk, and such a risk may cause you to lose more money than to make money. I think having solid goals is a better option. For example, buying $100 Bitcoin or Ethereum and hodl for 10 years. I think such a challenge would be both healthier and more fun. I think if we do this, we will both earn money and gain a unique experience. :)