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Author Topic: Too good to be true?  (Read 2254 times)
Asiska02
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September 11, 2022, 11:15:37 AM
 #61

What? I don't believe that this is even possibly achievable right now. You're referring to 70 times the initial investment. Now, this will take a very long time to occur. Regardless of market volatility, you must have patience and hodl onto the coin for a very long period before you are tempted to spend it. Coins like this or ones that are comparable to thist can be profitable only occasionally and are controlled by developers or big investors.

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September 11, 2022, 03:41:20 PM
 #62

Yes it is manageable because altcoins are the imitable and is guessed that it if someone initiate investment in altcoins then unquestionably he will be wealthier after market pumping. Altcoin can exaggerate the percentage of rate which you put in favorable altcoins. Altcoin if once tabbed will to be pick and hold for perpetuate intervals

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September 11, 2022, 04:09:47 PM
 #63

you don't have to go far to think about it. Some lucky people get projects that fit when they invest. they can see the potential extent to which the project can bring its coin to the highest price. but unfortunately some people like to be interested in getting richer so don't want to take advantage they just end up regretting it. just a reminder, it's better to take consistent profits until we can actually take it on target.

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September 11, 2022, 04:41:18 PM
 #64

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?.
Cryptocurrency investment is one type of investment that is known to provide high returns. and at that time the price of cryptocurrencies can increase drastically.
it is possible for you to invest in $100 and make $7000 it is because crypto coins are high return nature.
but also does not rule out when you invest The value can be very high, but after that it can drop sharply. cryptocurrency investment has the characteristics of High Risk High Return.

Not only thinking about big profits, but there is also a big risk investing in cryptocurrencies, even though the altcoin is quite famous, it doesn't mean your trade will always be profitable, at least we must also think about the risks if you invest with lust, no trade is always profitable and vice versa investment  also no one guarantees it will get a profit..
Thanks for the criticism.
I don't think you have read to the end or you don't fully understand my writing.
in the last paragraph I wrote down the characteristics of the crypto investment.
"(But it is also possible that when you invest the value can be very high, but after that it can drop sharply. Cryptocurrency investments have the characteristics of High Risk High Return.)"

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September 11, 2022, 07:28:01 PM
 #65

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. something that might happen, but not for now. This is generally the case with coins that are developed at low prices, then get a good pump. For example, Shiba Inu. Those who bought the Shiba Inu at the launch at a price of 0.000000000082 of course made higher profits during the bull run. Besides the Shiba Inu is Dogecoin. Before last year's bull run, Doge's condition was almost the same as the Shiba Inu. But Elon Musk made it more popular so that those who invested earlier got big profits.
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September 12, 2022, 04:44:37 AM
 #66

It is not impossible, but it is very difficult and requires a lot of patience and luck as well. Sometimes you buy a coin and then it rises dozens of times. This often happens with shitcoin because it is very volatile. You can take advantage of these large fluctuations and carry out successive buying and selling operations and it is possible You can get high profits if you have experience and patience. Personally, I managed to turn $100-200 into about $1,500 but I didn't get to the $7000 figure.

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September 12, 2022, 08:52:12 AM
 #67

It has happened in latest rally in cryptos but now it is something that we need to work hard for that. First thing when you have your profit in mind then you don't going to touch this because when market goes up your mind will tell many things like sell or get profit now. This task is not impossible but required a genuine person with a ultimate goal.
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September 12, 2022, 11:57:16 AM
 #68

This is common, even I see the fact that many investments are around $ 20 and become more than $ 20k, they invest in Doge and Shiba, the rise of thousands of percent is common and not a difficult thing so that now I prefer to spread money on Many coins with the hope can pump up to thousands of percent.

The probability that you will be able to guess such a coin in this way is very low. And it is quite possible that the profit received from investing in a large number of similar shitcoins will not be able to cover the losses from such an investment.

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September 12, 2022, 12:14:07 PM
 #69

Is it possible to invest 100$ in altcoin and turn to 7,000$? Have this ever happened to anyone on here? Is this even possible?.
Of course, this has happened in many people's lives. I myself am proof of his watercraft. But I could not put it into practice but regretted myself.I had 218k HEX tokens but then I sold it for 0.00057$. I only sold $124..It then rose to settle at $0.50.So nothing is impossible in crypto currency everything is possible.

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September 12, 2022, 07:26:01 PM
 #70

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?.
nothing is impossible if we really focus on what we want to achieve, let alone playing in crypto no one can guess. we can see some examples that have been experienced by doge coin holders before the price of doge soared. this is a small example that I can say, maybe many people have experienced it some time ago

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September 12, 2022, 07:33:21 PM
 #71

Gain some knowledge about cryptos and study how to read the charts.

This is not enough. You also need to learn how to calculate the tokenomics of a project, to know which funds or investors to watch out for. Know what to look out for when choosing a project. Find a good information field in crypto social networks, such as telegram, twitter, discord. All this knowledge will bring much more opportunities to make 7000 out of 100 bucks. Knowing how to read charts will bring almost nothing good, just like trading in general. Making money on the exchanges is almost unrealistic, especially with a measly hundred dollars. Or you'll have to take a lot of risk to get any interest on your micro capital.

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September 12, 2022, 07:45:52 PM
 #72

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?.

depending on the momentum alone in my opinion, $ 100 is a small capital to be able to reach $ 7,000 and it is very difficult. but with such a small capital in my opinion can only be achieved around $ 500, and that is very common.

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September 12, 2022, 08:20:06 PM
 #73

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?.
nothing is impossible if we really focus on what we want to achieve, let alone playing in crypto no one can guess. we can see some examples that have been experienced by doge coin holders before the price of doge soared. this is a small example that I can say, maybe many people have experienced it some time ago
Right. I agree with you that one can get very large profits with small capital in trading on altcoins like the DOGE phenomenon in the past where at that time the price of DOGE experienced a very high price increase that set an ATH record. even people who once owned DOGE at that time, profit enormously. So to be able to get big profits in trading on altcoins with small capital requires patience, process, and implementation of a good trading strategy in order to achieve the desired target.

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September 12, 2022, 08:31:09 PM
 #74

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?.

This is possible if you hit gem projects at its initial price distribution.  ETH initial investors happen to get way more than 700x profit.  Dogecoin also is one of the project that gives more than 700x profit.  There are still lots on the list but beware of the scam projects that promised huge profit because they tend to use the promise as bait to scam people.  Legit projects will never promise anyone huge profit.  They do it with their works on developments.
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September 12, 2022, 09:18:07 PM
 #75

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’s possible for some who never think of crypto investment as quick profits. But for those who are eager to make profits, this is too good to be true. It takes a couple of years before your investment surges like this, and of course you should have the right investments at first so you can expect huge profits in time. Otherwise, if you only invest in altcoins with no potentials, then it’s value will definitely lost in time.

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September 12, 2022, 09:38:55 PM
 #76

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?.

There are hundreds of live examples of your question. If we tried to create a list, we would have to spend a lot of time. Cryptocurrency market is very much in demand by new investors because it has these and similar opportunities, but to seize such an opportunity, you need to do a very good market research or have the patience to wait for a long time after investing in a few different projects with high potential. Otherwise, you are much more likely to experience great disappointments.

In addition, it is necessary to follow the trends well. For example, when privileged categories such as Defi or Metaverse sector start to become popular for the first time, we need to quickly revise our investments in line with the flow of the market. In fact, this tactic does not always work, but it is one of the best ways to keep the pulse of the market. I didn't get good returns from the few web 3.0 projects I've invested in, but I don't regret my moves. I wish you good luck.

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September 12, 2022, 10:08:20 PM
 #77

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?.

This is common, even I see the fact that many investments are around $ 20 and become more than $ 20k, they invest in Doge and Shiba, the rise of thousands of percent is common and not a difficult thing so that now I prefer to spread money on Many coins with the hope can pump up to thousands of percent.

There is still a chance for this to happen but the win rate is very low and the loss rate is high. To be able to achieve the level of profit as OP mentioned, other than the idea of investing in shitcoins and dividing the money equally among all of them won't yield high results, you can invest in potential projects by investing in the early stages of the project. Although this is also risky it is still safer than investing in shitcoins. Looking for projects that have not issued tokens and are funded by large funds in private sale rounds, angel investors...Most of today's leading projects such as solana, near, and avax come from there, they are projects with a large team established, new ideas, and the attention and investment of big funds like binance Lab, FTX, coinbase ventures...

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September 13, 2022, 01:51:37 AM
 #78

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?.

What a multiplier lol.
I'm not sure if someone in here had some profit that huge. One thing is for sure, there were several people in crypto space who made that huge profit, especially those early adopters who held their bags until the ATH.
Nevertheless, that is possible. However, you'll probably going to either get scammed, experience several failed projects, or the project won't take off.

In a short term perspective, you'll probably looking at a pump and dump coins. That, will eventually drain out all your cash. Coz you sound like you're rushing.

R


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kotajikikox
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September 13, 2022, 01:57:38 AM
 #79

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’s possible for some who never think of crypto investment as quick profits. But for those who are eager to make profits, this is too good to be true. It takes a couple of years before your investment surges like this, and of course you should have the right investments at first so you can expect huge profits in time. Otherwise, if you only invest in altcoins with no potentials, then it’s value will definitely lost in time.
well the community keeps on telling us that crypto investments is a long term process, if you are willing to take risk and waiting then you'll succeed but if you want a profit overtime? then better leave here now because this is not a place for you.

wxa7115
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September 13, 2022, 03:51:00 AM
 #80

Anything can happen in the crypto market even 100$ becomes $1 also. If one invests wisely and does not panic can make money from the crypto market but I must say one should not be enticed by others' earnings and think he can also do the same. Knowledge and experience also matter in order to make money from the crypto market. Gain some knowledge about cryptos and study how to read the charts.
It is  important to consider both sides of the coin, newbies are always wondering about the potential gains they can gain out of their investments, but they never think about the money they can lose.

If you were to ask me what is more likely, someone earning 70x their investment or losing all their capital? Without a doubt the latter outcome is the most likely to happen when looking for such high profits, so anyone thinking about obtaining those profits needs to keep this in mind before they try to implement any strategy which may try to make those profits a reality.
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