Is it possible to invest 100$ in altcoin and turn to 7,000$? Have this ever happened to anyone on here? Is this even possible?.
Almost impossible. This means you need a project that gives you 70x the profit. Some projects have done that when hitting their ATH but I think it's very very hard. Are you going to all-in your $100 on one project or split them up across multiple projects? Both are hard to do. Calculations are possible but there is only a chance of about 1/700
It is indeed possible to earn significant profit and I personally earned a somewhat similar amount of profit by investing in altcoins just before the 2021 altcoin season. But it is not always the case and timing is also very important to maximize your profit.
Timing and with some mix of luck when it comes on choosing the project that you are engaging into because if you arent really that able to to have these things then it wont really be giving out that kind of success rate on the time that you do deal up with projects or investments here on this space. There are indeed coins which can give out thousands of multipliers on which making your money
been folded for how many times if we do speak about profits but getting yourself in into such bottom would really be that not that simple at all. Most of the time we do really like on entering
those presales and public sales on the time that you've been aware on such project because getting in this early would really be giving out that kind of opportunity for you to earn that huge
on the time that the price or value would really be that able to climb up that high.