Too good to be true?

[Inspiron14]

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?.

Almost impossible. This means you need a project that gives you 70x the profit. Some projects have done that when hitting their ATH but I think it's very very hard. Are you going to all-in your $100 on one project or split them up across multiple projects? Both are hard to do. Calculations are possible but there is only a chance of about 1/700

It is indeed possible to earn significant profit and I personally earned a somewhat similar amount of profit by investing in altcoins just before the 2021 altcoin season. But it is not always the case and timing is also very important to maximize your profit.

Right, the most important thing is we know when is the right time to buy and sell it,
if we know the basic things then the profits will come,
but it's not easy to do that because we need to follow market developments all the time.

[asawale]

We have seen many altcoins, mostly memecoins done multiple Xes of their launch prices to as much as 10 thousands Xes of the launch price. Those that invested just $1000 into SHIBAINU at its start and was able to be patient till its full potential are now in millions.
Getting just 70 is not a new thing in cryptocurrency.

[Mehedi72]

You mean you are expecting to have 70x your money from altcoin? That's Very hard but already happened with so many people. I mean people who invested 17$ with shiba inu, turned into more than million now. Even dogecoin also pumped a lot after elon start shield it. Even there are so many altcoins, which have low ico price but now they pump more than 100x, just need to long hold a potential coin. For me, i invested a altcoin name dent and i made around 10k$ from that maybe from 500$ during bull run of 2017. Meanwhile i check and found this coin still has large trade volume but i don't recomme anyone. That was past. Now better altcoins are available in market

[Apatu Ek Am]

We have seen many altcoins, mostly memecoins done multiple Xes of their launch prices to as much as 10 thousands Xes of the launch price. Those that invested just $1000 into SHIBAINU at its start and was able to be patient till its full potential are now in millions.
Getting just 70 is not a new thing in cryptocurrency.

Indeed, the lowest price is very good to buy. This requires patience, but there is a lot of risk of wasting our time. If the meme coin has to wait for the hype and big investors to enter, then Up. If you only rely on daily transactions, I think it will be a little slower. Now. Once again. that time was very expensive sir.

[Fuso.hp]

Nothing is impossible, anything can happen in cryptocurrency. It will not be as easy for you as you thought. I am giving you a very simple idea, suppose you invest $100 in any ALT coin, to turn that $100 into $500, the value of the coin you purchased will have to increase five times. I think we shouldn't expect too much. Our expectations have to be limited but we can improve from this platform.

[Adreman23]

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 is indeed very possible in the world of cryptocurrencies, but the challenge lies in choosing the right coin since many are susceptible to price fluctuations. You can achieve this by investing in startup crypto projects and being an early investor, experiencing sudden price pumps due to hype. Alternatively, some opt to be long term holders, waiting for the price to unexpectedly surge due to positive news about a particular coin. For example, Dogecoin started as a joke or meme coin, but with just one influential person's tweet,  price skyrocketed.

[Jateng]

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 to earn significant return of $7,000 with a $100 investment in alt coins. Not happened with mine but significant gains have been recorded in the past they are rare and often accompanied by high levels of risk and market volatility. But a successful crypto investment requires investors to take caution do his homework and understand the possible repercussions before investing money. I think making informed decisions and investing based on personal risk patience is important.

[Bazzu]

Investing in altcoins can of course have the potential to get big profits, that's why many people invest in altcoins because they see big profits, but the risks are also very big. for example like people who invest in shiba inu, and pepe coins which of course get big profits for those who buy at low prices and sell them when prices are rising high.

so investing in altcoins with a capital of $ 100 can potentially be $ 7000 but the risk is very high.

[Nazmul012]

For that, you need to investigation hardly. Afterwards if you able to invest on hidden gem, then it will be happened what you are dreaming for. Buying a altcoin from presale price or from dip, will increase the possibility to multiply your capital incredibly but that's also risky too. Cause your expectations are so high to happened. For me, i make money from poolz finance. I invest little amount but i got around 20x or more, although this token is dying now

[Raflesia]

Nothing is impossible, anything can happen in cryptocurrency. It will not be as easy for you as you thought. I am giving you a very simple idea, suppose you invest $100 in any ALT coin, to turn that $100 into $500, the value of the coin you purchased will have to increase five times. I think we shouldn't expect too much. Our expectations have to be limited but we can improve from this platform.

Indeed, such a thing is still possible but expecting more from a meme coin that only relies on pumps I think it's too much.
Mindset about expecting to get money instantly should be reduced more. indeed for some altcoins, especially memes and shitcoins, sometimes things like this are possible and the multiples are even greater than we thought but on the other hand we must also be aware that conditions like this will not be easy to get so don't expect too much for any shitcoin that only relies on pumps and dumps in its growth.

[abel1337]

For that, you need to investigation hardly. Afterwards if you able to invest on hidden gem, then it will be happened what you are dreaming for. Buying a altcoin from presale price or from dip, will increase the possibility to multiply your capital incredibly but that's also risky too. Cause your expectations are so high to happened. For me, i make money from poolz finance. I invest little amount but i got around 20x or more, although this token is dying now

The lesson you should have learned is to not stay too long on a project especially if that project don't have plans to make a massive product inovation in the future. I've been on the same boat as you on making big bucks on the early stages of the project and eventually dying out after months of prosperity. Luckily I sold all my tokens before the price crashes and never recover from that crash. This is a life long lesson that I learned from that experience that I will be surely implementing on the next bull market where majority of the tokens will have a massive pumps and will slowly die after experiencing a bear market. Secure the profit!

[Pithaxz]

I have an experience in my crypto life where the hype went from $80 to like $6100. But it was not a fundamental or strong project. This happened in Meme coin called Goma Siba Inu. By which I was surprised to see. But what is true is that after just 3 days it started decreasing again. And later that project died. There is no meaning in investing in such shit coins. Looking for a reliable platform for investment where returns will come with profits even if it takes long time.

[Kuntus]

Yes it's theoretically possible to experience substantial returns on altcoin investments, it's very important to note that the cryptocurrency market is highly volatile and unpredictable. While some individuals may have achieved significant gains, many others have also incurred substantial losses. Investing always involves risks, and there are no guarantees of specific returns. It's crucial to conduct thorough research, understand the market, and be prepared for the potential risks before making any investment decisions.

[Wahyuihib]

Have you forgotten that this is the world of trading mate.  If you invest correctly, it is possible that your $100 will become $10,000.  but it also has to carry out several long processes

[oktana]

It has never happened for me but I know for a fact that it’s very much possible. However, it’s unfortunate that there are too many altcoins being created and the difficulty to select one that isn’t scam or one that wouldn’t eventually die out is higher. Altcoins usually come with more risks, it could be the smart contract, the team behind it, or almost anything. And for you to get such an altcoin that’ll give you the 70x gain, you are either lucky selecting it or you’ve been taking these risks on almost each and every altcoin. 

[Rasa nanas]

To be honest I haven't experienced anything like this, but if you want to invest in the long term you can do it. I mean like this, if you currently invest $100 in a large altcoin like ETH or BNB maybe in 50 years the value could be $7k. But there is another way namely investing in new altcoins, but the risk is relatively greater. I mean if you invest $100 in a new altcoin there is a much faster chance of reaching $7k, but another possibility is that $100 turns into $0.

[Adreman23]

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?.

Certainly, the $100 you invest in an altcoin could turn into $7,000 or even more, but it's important to recognize that there is a greater likelihood that your $100 investment could decrease to $1 or less. It's crucial to understand that many projects in this field do not succeed for various reasons, including the presence of "shitcoins," scam projects, lack of funding, and many other factors. It's like searching for a needle in a haystack when looking for an altcoin that can be considered a gem.

I'm not discouraging you from investing, what I want to emphasize is that you need to work diligently in finding the right altcoin to invest in. It involves thorough research and in-depth analysis of a project to determine its legitimacy and assess its potential for success in the future.

[NewRanger]

Have you forgotten that this is the world of trading mate.  If you invest correctly, it is possible that your $100 will become $10,000.  but it also has to carry out several long processes

It's true that everything has a process and sometimes it's not as short as we want and things that are impossible in the Crypto World can happen, but if we invest $100 in capital to buy a type of coin, that's up to us. fund owners to choose what they want.

In my opinion, funding needs to be increased if there is convenience. Indirectly, the size of the initial capital also determines a person's rate of return on the initial investment. The factor that most often loses apart from technical matters is the preference for exchanging coins with the same capital.