Post
Topic
Board Speculation (Altcoins)
Re: Turning my 50 USD into 25,000 USD?
by
STT
on 10/01/2018, 02:57:50 UTC
Okay, I know this sounds impossible but it'll look like this:

 Put 50 bucks on a x5 coin on short term sell when the investment hits  250 USD 

 Long term HODL your 250 buck on a x100 coin (better if U find a newly dumped ICO)

 Take your 25,000 and enjoy!



Is this a possible strategy guys?

Big gains are possible but also improbable especially accounting for human nature.    When the figures get big you are more likely to trip yourself up, the idea of do nothing I agree is your most likely chance of success but thats also similar to buying a lottery ticket and hoping, its not generally productive.

I'll repeat what I've heard professional traders say which is to handle it one deal at a time.   So you are very ambitious in wanting 10x appreciation, thats your first target.     If you ever achieved this you should take back your original stake, the likelyhood of not losing out at some point is too great not to do this and ensures you never reset to zero.