It's possible to turn $1000 into 1 mil in a year or so if you compound 3% (after tax and fees) gains 234 times, e.g. $1000 turns into $1030, $1030 turns into $1060.90 ... $979655.44 turns into $1009045.11. You can easily set this up on binance or other sites with stop-limits so your money is dealt with automatically instead of obsessing over charts all day. The only thing you need to do is carefully pick your coins with the expectation that they will make 3% or more (after tax and fees) gains soon. Stop-limits are a safeguard just in case your money drops below a certain percent, but even if everything comes tumbling down, you're only down $500. You can get lucky with your choices for coins and make >3% gains in a single interval, which would mean the 234 number is the minimum, as long as you stick with only selling once you made 3% after tax and fees
You have nothing to lose from this strategy. The only problem is that it might take more than a year depending on your luck
>just make 234 winning trades in a row lmao Ye that’s how we bait newfags into trading so we can take all their money
David Edwards
You realize this never works right? Crypto is the way, you just have to have the balls to hold through down-trends, and you must go all-in, so once you hit $100K, good luck getting that into low volume shit. Start with a high mooner.
Buy $5K in Zuckbucks, for instance. Sell the 10x. Then, do it again such another sub 1M cap.
Ian Green
Oh wow I just need to put my money on red 234 times and win that is amazing brain user. Can I make 3% a day from link? I want to lose my virginity (I'm 31) but all girls ask for at least 1 mil networth.
No coins will 10x in the next few years. When was the last time one did since jan 2018?
Cameron Hall
I turned $100 into $2100 with UUU recently
Kayden Murphy
Chainlink did a 20x lmao
Gabriel Green
Everyone in here, especially OP, is obviously a poorfag who had never trade anything more than a single bitcoin before (and have only probably traded fractions of bitcoins).
Consistently making winning trades is not hard. I can do like 8-9 winning trades out of 10, gaining 2-3% per trade.
BUT this is only true for small amounts. Once you get into size, liquidity is not there. Even at 1 BTC worth, you can easily be a wall, and your trade didn't get filled before the price stats moving against you.
Because usually, nobody will buy 1+ BTC worth of a shitcoin. And market buying that much usually has slippage greater than 1-2% of spot price. Limit buys of that size sometimes take days to get filled.
What will you do then, when you're trading amounts like 10-20 BTC?
Daniel Gutierrez
Ummm VIDT did in May-June dumbass. Get off Binance and get some real gains
Anthony Mitchell
If you can find a trading bot that trades based on signals from trustworthy sources then you're set. I know one but I don't shill it on here because I don't want you fuckers to ruin it.
Jonathan Jackson
I literally bought FUZE for .1 eth and sold for 1 eth the next day. Low caps man.
Aiden Butler
Lmao retard
Benjamin Baker
>What will you do then, when you're trading amounts like 10-20 BTC? Divide it up into different coins probably
Evan White
Seems like the thread to ask: are there sites you gentlemen use to purchase your crypto, or is it done through a broker of sorts?
Tyler Lopez
get the fuck out new fag
William Taylor
This shows to me you probably don't even trade regularly at all. Any coin with 24hr trade volume below 100 BTC has even WORSE liquidity. I end up being a wall even with amounts as low as 0.25 BTC.
Once you get into size, you'll realize how hard it is to buy or sell without moving the price yourself.