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.
Right, the most important thing is we know when is the right time to buy and sell it,
if we know the basic things then the profits will come,
but it's not easy to do that because we need to follow market developments all the time.