Im a completly begginer with cryptos. I just found this forum and it seems great. What would be some fast ways to make 50.000$ (like 3-4 months) ? I just know about day trading with cryptos but dont have slithly idea how to do it. And stocking in iotas but that would take much more than 4 months.
So.. any ideas? Thanks !
This ambition is just too much and this is why many people fail in their trading, although you can actually make that amount if what you are trading with is much, let's say that you are trading with $100k, and you are able to buy 11 bitcoin with it, and if you are lucky that bitcoin makes a dip of $2k dollars every month per coin, and then you are lucky to buy at that amount, it means that when bitcoin recovers back, you can make that $2k on each of your coin as profit, which will be about $22k depend on how many time such thing reoccur within that month.
There is probability that within the space of those 4 months, such thing could happen more than 3 times, and there is also probability that the market might not fluctuate for the 4 months, so it becomes difficult to tell if you can actually make such money within that time frame.