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Author Topic: Too good to be true?  (Read 2254 times)
dwminer1
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September 20, 2022, 03:44:57 PM
 #101

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?.

In the crypto world, the 70x return is not unheard of. In the past, I mean 5-6 years ago, thanks to ICO projects or/and P&D groups, it was almost everyday life. Remember, however, that in such situations someone was gaining and someone was losing. Now the market is much bigger and it is more difficult to find such returns, but you can still find hidden gems. However, you have to be lucky. Or you just need to be called Elon Musk and post a few tweets about some crypto:)

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BobK71
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October 05, 2022, 02:09:54 PM
 #102

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 have an experience in my crypto life where the hype went from $26 to like $6700. 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 2 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.

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October 05, 2022, 02:36:50 PM
 #103

Yes, this is also possible, if you find a very good project and invest on it. But as far as I know there is no project currently where you can invest so much profit so quickly. But yes if you are very lucky you can get it. However, always remember one thing before investing in any project, do your own research and then invest. Because at present the number of scams is the highest.
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October 05, 2022, 02:40:01 PM
 #104

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 have an experience in my crypto life where the hype went from $26 to like $6700. 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 2 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.

Goma Shiba or meme coins are indeed unique, a fantastic increase could occur in the near future, but when it rises we will continue to buy because we are carried away by the atmosphere or discussion in the Telegram group, when we are carried away, the owner will sell the stock and the price will drop significantly.
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October 05, 2022, 03:19:22 PM
 #105

I guess, it is possible for professional investors to invest $100k in a potential altcoins and have $700k to earn from that particular altcoins when the price increase higher. But don't invest huge amount of money on altcoins in this bear season and expect $700k before the end of this year, because I don't think, if the price of altcoins will increase higher for you to experience such huge amount of income from your investment soon. But if you invest $100k in Bitcoin in this bear market,I think you will achieve something good before the end of this year 2022.

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October 05, 2022, 04:41:17 PM
 #106

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 have an experience in my crypto life where the hype went from $26 to like $6700. 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 2 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.
As you noticed, it does happens sometimes, but you have to be lucky to acquire the right token on the right moment to make profit through the speculative hype or pump and dump scheme. The hardest part in doing this is the fact there is a very short time spam between the beginning and the end of the hype. In your case it was 2 days, but it could have been even less, like few hours. Investors trying to take advantage of such tokens do this as gambling, therefore they invest only few pennies without compromising a large portion of their funds. If they lose it's fine to waste few bucks, and if they win it can be really rewarding to grow their pennies x10 or more.

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October 05, 2022, 04:47:03 PM
 #107

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 can happen if you invest in the right and popular coins like bitcoin and ethereum. and that will happen if you choose to invest long term.
everyone on this forum must have experienced when investing in the right coins and getting very expensive value in the future.
like myself, in 2017 i bought coins just for fun for $20 and when in 2021 yesterday it was $40,000. looks impossible but i've experienced it myself.

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October 05, 2022, 05:29:08 PM
 #108

Have you never thought about investing in SHIBA before SHIBA was famous as it is today? even investing $1 in SHIBA before SHIBA was popular as it is today can make you rich.
I think what I have said is very sufficient to answer your question  Roll Eyes

It's possible but investing on meme coins such as SHIBA is very risky thing to do and I personally don't recommend it as the said coin is mostly controlled by crypto whales, some investors have benefited from riding it but mostly, they lost. And as for the OP's question, it's hard to have that much profit if you are just relying on meme coins alone and there's a lot of other coins on the market that could give you that profit you mentioned.

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October 05, 2022, 07:00:56 PM
 #109

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?.
very possible!, in the world of cryptocurrencies anything can happen. from small things to big things and vice versa,
of course don't jump in the crypto world you don't know about technical analysis, because it's very important to invest in crypto currencies,
if you understand it then I'm sure your money from $ 100 will be $ 1000 even more.

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October 05, 2022, 09:09:17 PM
 #110

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?.
Investing $100 and going to $7000, there has been a bull run market in 2021. But if they are able to hold on to the coin until the end of the bullrun. Maybe you can see the history of Dogecoin before the bullrun. Dogecoin has gone from $0.0028 to $0.73.
If we make a comparison
$0.0028 x 35,000 Doge = $98 capital.
$0.73 x 35,000 Doge = $27,300 profit.
This means that this exceeds the target you convey.

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October 05, 2022, 11:32:21 PM
 #111

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?.
Such incidents have happened in many people's lives and also happened in my life but I could not be successful there.There were various coins that I made the mistake of selling. After selling all those coins went up a lot and I could have made millions if I had held on.Again I left some coins because I will get a lot of profit from it but all those coins are completely exhausted.One thing I learned for sure from here is that no one can ever be 100% successful in cryptocurrency.

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Odusko
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October 06, 2022, 12:11:42 PM
Merited by Mate2237 (5)
 #112

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 kind of mindset and beliefs is what have lead many into investing in scam and ponzi like projects, am not saying it isn't posible for a $100 investment to grow upto 7k but the important question is when?
If you want your $100 investment to turn to 7k you will need alot of patience and waiting since that profits mergin is large and there is no guaranteed time for such investment but if you see a project that promise that in a short time, just know their out to scam you because their will become just pump and dump project with no long term goals.

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October 06, 2022, 12:40:27 PM
 #113

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 can be happen, it's just that you have to invest in some of the right altcoins.
maybe it will take a long time and don't expect you to get profits many times over instantly.
First, if you want to invest, make sure you use "cold funds", well, I highly recommend cold funds to face the worst possibilities in investing.
You must have a good market analysis and don't just invest in just one alcoint. lastly you have to be patient to wait for the right moment to sell it and get a big profit.
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October 06, 2022, 01:41:40 PM
 #114

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, I invested in chainlink at around .20 usd. If you get in on a new project early, and it does well, then the sky is the limit. There will be a lot of failures along the way so you really need to do your research. One project that I am looking forward to is MAXX finance. Another is Aptos, which is by former Facebook blockchain developers.
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October 06, 2022, 04:56:34 PM
 #115

It's very rare or I can say you must have a bit of luck. Generally, it's not easy to make 7000$ by investing 100$. In the current scenario if you Check LUNC all-time low and the current value of the coin you would be amazed to see the ROI. Generally, nobody takes a risk investing in a sinking ship but sometimes one can make money from such projects So anything is possible in the crypto market but it depends and luck also matters.
Cryptocurrency investment is high risk high return, of course we can get $1000 with only $100 capital, and that's what I did and it worked,
I played in futures trading, but indeed there are many things that traders should know that futures trading is terrible,
I've even experienced a loss of up to $500, so think carefully if you want to play futures.

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October 06, 2022, 06:37:04 PM
 #116

It is possible. And you can even do more with $100 which can turn into $10000 in no distant time. It's all about smartness and patience, two critical traits in a crypto investor. Also you can quickly turn that $10000 into $100 in quick time. Lol. That's crypto for you, mate
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October 06, 2022, 09:59:09 PM
 #117

It is possible. And you can even do more with $100 which can turn into $10000 in no distant time. It's all about smartness and patience, two critical traits in a crypto investor. Also you can quickly turn that $10000 into $100 in quick time. Lol. That's crypto for you, mate

I agree smart and patience is two important factors but don't forget that luck plays a huge part in this kind of venture.  Since investing in early projects, scam projects and shit projects ( the two latter projects are candidates for huge returns if timed right) are very risky, one needs a lot of luck and patience in order to get that 100x+ profit investment venture.

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, I invested in chainlink at around .20 usd. If you get in on a new project early, and it does well, then the sky is the limit. There will be a lot of failures along the way so you really need to do your research. One project that I am looking forward to is MAXX finance. Another is Aptos, which is by former Facebook blockchain developers.

Well, I got in Shiba Inu a bit late investing a $40+ when it was around $0.00000001xxx, and got a good profit from it.  Often times the project we think as shit gives us a better profit than the project we think as very potential.
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October 07, 2022, 01:02:25 AM
 #118

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. I experienced it before actually, but only with 40x of my initial investment. It's a risky move and not advisable since the coin that I invested in is a shitcoin, just pure hype. I just tried and was lucky to sell at the right time during its peaked price. If you want to have such return, it's possible to new coins who doesnt reach its ATH yet. However if you're looking for less risky investment then choose an established coins because it's already proven to be profitable as well but not with the return that you like it to be.

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October 07, 2022, 02:44:35 AM
 #119

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. I experienced it before actually, but only with 40x of my initial investment. It's a risky move and not advisable since the coin that I invested in is a shitcoin, just pure hype. I just tried and was lucky to sell at the right time during its peaked price. If you want to have such return, it's possible to new coins who doesnt reach its ATH yet. However if you're looking for less risky investment then choose an established coins because it's already proven to be profitable as well but not with the return that you like it to be.
it is very possible to achieve that result, we often see some new altcoins that can grow up to thousands of percent, but shitcoins are very risky, where we don't know which coins will experience the maximum pump and whether it will happen or will sink. therefore it depends on our analysis and our financial arrangements to secure our capital. we know how to do it like a gambling situation, if we want safe coins, then the only way is to make short-term trades, but we must have the skills for that

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October 07, 2022, 02:55:41 AM
 #120

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 your time frame.

You want quick bucks? Invest it into low market cap coins and see it go up 10x or even 100x in just one day. Of course, if you are willing to risk it all because it's very risky since you can lose your 100$ in just a single trade mistake.

Short to mid-term? There might be a chance, but it will be hard unless you entered at a perfect time and you bought at the bottom and weeks after that, the bull market started then you might make it but even that is hard as well.

Long term? It's hard as well but it's possible. Maybe putting it in staking coins so it will increase the amount of the coins that you are holding and wait for the bull run to happen then sell at its peak or near to it.

Overall, 70x is still possible but it's hard especially if you are only investing. Maybe in trading you can make it.

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