[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 1.59 MB, 1209x755, sbf.png [View same] [iqdb] [saucenao] [google]
53276787 No.53276787 [Reply] [Original]

Can I make reasonable profit or even become a millionaire with just 300$ invested in to crypto?
Is it possible and how big is the chance or is it just some dumb dream!?
AND
If not, how much must I invest minimum in a diversified portfolio (stablecoins and shitcoins) to reach my goal?

Woud be honestly happy if I even made 500'000$ at the end of this bull run.

>> No.53276963

>>53276787
If you find some pump and dump sh_tcoin and martingale it up maybe

>> No.53277069

>>53276787
>Can I make reasonable profit or even become a millionaire with just 300$ invested in to crypto?
If you find an arbitrage method maybe. Running pump and dumps might work too but you will be breaking a ton of laws.

>> No.53277082

>>53277069
I dont want to be con minter/creator. I actually do want to invest and stop working by the end of 2030. It doesnt need to be a get rich quick option.

>> No.53277089

>>53276787
>Woud be honestly happy if I even made 500'000$ at the end of this bull run
>Off $300
Why are third worlders so fucking dumb?

>> No.53277114

$300 will get you max $30k this run if you do very well. Next run that will be nice capital to make it to 6 figure hell. From there you'll need just as long to make it to a million.
Readjust your expectations and get that ugly kikes face off my board.

>> No.53277150

>>53276787
>Can I make reasonable profit or even become a millionaire with just 300$ invested in to crypto?
no, if you got a 100x (pretty miraculous returns to expect after 2020) you would still only be at 30k. you are never making a million dollars with $300 invested. you're more likely to lose everything than you are to make more than $1000, anyone who tells you otherwise is lying to you

>> No.53277204

>>53277114
This, reasonably hope for 10x. And even then, probably won't happen.

>> No.53277213

>>53276787
Defi summer had some potential for something like this
But your 500k goal is borderline
Aim for a 100k, it’s not impossible but you need to risk a lot, and potentially wait months for whatever the next “wave” of projects is
You’ll know what it is because the entirety of biz will be talking about it
If you’re early you’ll make insane gains, if you’re on time you could keep stacking Ws

>> No.53277225

>>53277150
I put in $20K last run and cashed out about $180K, all in all felt pretty great about it.

>> No.53277246

>>53277225
those are really nice returns, but that's still not even a 10x. OP would be sitting at $2700 if he got those results, still needing $997300 more to achieve his unrealistic goal

>> No.53277292

>>53276787
there were some investing clubs that lost tens of millions of dollars investing in ftx.
how can people be so dumb.
people should just give me all their money and I'd manage it better. im up huge.

>> No.53277295
File: 132 KB, 989x1024, 1673563276129820.jpg [View same] [iqdb] [saucenao] [google]
53277295

>>53276787
I started with $150 a year ago. Saw through the hype, shorted strategically and invested in some bear market performers. I'm at around $7,000 right now, and I bet by the end of the year it'll be around $100k if I keep doing well.
It takes a lot of work, and research. You WILL get your hands burnt playing with the futures market, so either accept that and play small till you get it or don't bother at all.
But with a lot of learning, and admittedly some luck, yes you can get rich.

>> No.53277702

>>53277295
How did you start off? What websites did you go to to gain finacial knowledge? What books did you read/need?
Are you a day trader?

>> No.53278872

>>53277114
>$300 will get you max $30k this run
How, if I may ask?

>> No.53278968

>>53277702
obviously not this site