Quote from: alejandrosn1998 on March 11, 2018, 12:06:37 AM

Quote from: Thirdspace on March 10, 2018, 11:51:17 PM

Quote from: mrbnson on March 10, 2018, 08:36:20 PM

Even then you'll be placing huge orders. Towards the end you'll have over 1m. Even if you split that across 10 coins you'll be placing 100k orders, that's a big wall in almost all markets except for the few biggest such as bitcoin and ethereum.

I'm only speaking from experience, I never got close to $1m but even just going from about $100 to $10k doing the same but aiming for 3% I found that in the early days I could easily get closer to 10% but later it was a struggle for 3% a lot of times because orders are constantly under or overcut

I agree with his post.
when you have big amount of money, it will be harder reaching targeted return % rate
the money you put in a single market must be proportionally low amount compared to market cap to make it work
because if you trade with big amount, you will build a thick wall that gets under or overcut
if you do it at market price, it will look like a dump or pump, and will hurt your profit % rate

I completely agree with what you are saying, that is when this challenge will become more difficult. As of now its something fairly easy.

Quote from: alejandrosn1998 on March 10, 2018, 08:37:49 PM

Oh did you already do something similar to this?

It wasn't as a challenge, just that was my own goal and in the end it probably did take me about the time I expected but that was greatly helped by the big pump in December. After that the value has now fallen back below my 10k goal from that $100.

I'll follow your progress and wish you success but I do feel that what I mentioned above will likely come true the further you get in to the challenge. Also do not forget that you won't have good days all the time and to stick to your principles in these times and make the best decisions even if they end up being losing decisions.