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BTC Traders, How Fast Can You Turn $500 To $1000?

  • Thread starter Thread starter WhiteHouse
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Cryptocurrency trading is not a ponzi or any get rich quick scheme. You cannot turn $500 to $1000 overnight. Bitcoin trading is an investment that yield profits overtime which cannot be really predicted, you just hold it till the value increases.
 
In order to make $500 into $1000 by trading crypto currency, the price of your traded coin should gain value by 100 percent. For example, bitcoin is now $46000. It should reach $92,000 if you have invested $500 and want to convert it to $1000
 
Doubling the investment in 10 days is like asking for a miracle. I know that in trading there is a phenomenal rise in the market price. But a phenomenon means it happens very rarely. One reason that I enjoy reading threads about crypto currency is the strong imagination of crypto fans.
 
Going into the market with this kind of mindset will result in two things - you lose all or majority of your capital because of greed or you make that amount partly due to your knowledge and majorly due to your luck.
But if you're successful once like this, please don't be greedy and try it again
 
The best way to turn $500 worth of bitcoin to $1,000 worth of bitcoin is through crypto currency trading. If I trade crypto currency, I do make more than 100% in a month
 
I'm a crypto currency trader but I'm very sure that it's possible to flip $500 to $1000 in the crypto currency exchange Business in a short time. One just need to learn technical analysis to do this
 
There are some coins in the crypto world that are able to increase by 50% in a single day and other have even done more so when it started off and this is very interesting to saee how they rise
 
With that huge amount, you can make it in a day on binary trading but I would not suggest you go into it if you don't understand it. You can easily choose a bigger lot size and then make a big amount there. But it's risky though
 
I think people are trying to trade slow and steady because if you think of trying to make it quick and fast, you would end up making wrong choices and would have losses instead.
 
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