Post
Topic
Board Altcoin Discussion
Re: How do people make millions with memcoins
by
FortuneFollower
on 18/11/2024, 13:13:17 UTC
A few days back I did made a good return after investing in Doge coin. I invested a small amount of 3 figures and in the recent pump was able to get 20X of my investment.

Sorry, but when did Doge made 20x move recently? Did I miss something? (Or I don't know how to calculate returns.)

He might have been using leverage trading. But I agree, a 20x return on his initial investment seems highly unlikely.


I generally don't respond to such replies like the one made by @a298b112, wherein someone doesn't have a clue how trading works. Or they don't know that there was once a time when Doge coin were given as airdrops from projects that wanted to get more telegram channel followers.

Thanks @Stalker22 for coming out and replying to the query. Yes, what you wrote is correct but I have a good amount of free money waiting which I have accumulated through numerous bounty campaigns in the past.

So the case is just that you held it for so long that it became so profitable in the end.
I applaud you for that matter - thanks for pointing things out.