it is funny that a couple of days ago i saw another topic that someone else started saying that he started with the same amount as OP ($50k) and that was his whole savings and now he only owned about $4500 of that initial amount meaning he lost more than 90% of it!
the problem is that newbies jump in with their heads first and hit it at the bottom of the pool because they have no idea how to swim the waters.
i can't tell if OP is just advertising some shitcoin or if he actually done the crazy thing and invested all his money. but if this is not a joke then i see in his future a big 90% loss like that other dude...
Obviously, if there is a bull run and the coin makes x100 - x1000 then it doesnt matter how many times its price drops.
Even by 100% or 200%, but then it will grow by 1000%.
Of course, if the plan works and if there is a bull run and if this particular coin makes XXX.
Too much if.
Even if there is a bull run in the future. We need to understand that nobody can guarantee us anything like x100 or even x1000.
just look at our current environment right now, lately SEC made their movement by giving ETHERDELTA a penalty because of unregistered exchange.
and I am completely sure they will not stop doing that. If SEC makes that kind of movement again in the future to those shitcoins,
will those shitcoins survive? as long as their total market cap reaches $1 Million. I bet they will do the same thing to those shitcoins and giving them a penalty because of an unregulated project.
we need to wake up from our dream, we are no longer in the time when everything can go x100 or even x1000 as their wish again.