How to turn $1000 into $50,000

bitcoin-2007769_1920.jpg

Simple. Here's what you'll need

1- $1000
2- A Bitmex account
3- A year or so
4- Balls

Take your $1000.
Transfer it to your Bitmex wallet.
Purchase $10,000 of BTC at $4000 or less using 10x leverage. You now own 2.5 BTC.
Your liquidation point is around $3600
Hope to God that BTC doesn't go below $3600.
BTC is likely to rise to 20-50k in the next 1-2 year.
Sell 2.5 BTC at $20k = 50k.
Even better... sell half at 20k and half at 40k= 75k

n.b. always sell below major price points. e.g. Don't sell at 20k, but at 19 for instance.

That was fucken easy. Time for the disclaimers. It's not quite that simple... I mean it could be, and if you had real balls theres a chance (I'd say about 50%) that it would work fine. I personally have less balls and more risk management. To take less risk (less risk=less potential profit) I would sell small amounts at $9600 with a buy order at 8k after the $9600 sell order is filled. Same at $19,000 with a buy order at $16,000. I would also have another $1000 left for backup in case BTC falls below $3500.That is very unlikely that it will in my belief, I think we have seen the lowest BTC price ever personally, and it will never reach below $3600... That being said, anything is possible.

Onward to victory motherfuckers
xoxo

H2
H3
H4
3 columns
2 columns
1 column
Join the conversation now
Logo
Center