Do people actuallythink theyre going to be millionaire buying a very small about of coins

For example, two different banks (Bank A and Bank B) offer quotes for the US/EUR currency pair. Bank A sets the rate at 3/2 dollars per euro, and Bank B sets its rate at 4/3 dollars per euro. In currency arbitrage, the trader would take one euro, convert that into dollars with Bank A and then back into euros with Bank B. The end result is that the trader who started with one euro now has 9/8 euro. The trader has made a 1/8 euro profit if trading fees are not taken into account.

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if you start with 2000, and have 5% return 100 times, congrats, you are a millionaire. i believe with crypto it is possible

Coinbase sells eth at 275$ right now and a canadian exchange CGX sells it at 285$.. means I could make a small proft just by switching from one to the other? minus gaz and fees.. ?

My portfolio only has to go 15x for me to be a millionaire. I think that is very possible within before 2020

>Also alot of you guys dont have the stomach to ride out price fluctactions and would sell before yours coin would even appreciate to a level you would really benefit from.
>tfw bought ETH at $1.35
>tfw still holding
>tfw haven't cashed out a single cent
>tfw not going to cash out a single cent til years from now

Actually that would be 263,000 not 1,000,000 retard

What do you do for profit?

Yes, it's just a pain in the ass to pull off most of the time.

Either a.) The exchange fees from transferring and trading kill the profit
or
b.) The transfer takes so long that the difference in price between the two exchanges disappears.

>oh cool look at that difference
>transfer takes 20 minutes
>difference has already closed
crypto..

Mine has to go up 83x to be a millionaire, but I would happy to be at even 100k (8.3x) or maybe a quarter mill (20.8x).

Not to mention what are the odds that you can hit 5% 100 times in a row without failure
Let's assume a 25% success rate(Quite generous for a crazy market like crypto)
1/4-(1/2×1/4)-(1/2×1/2×1/4) and so on

By my calculations,the chance of hitting 5% 3 times in a row is already 6.25%
A 100 times in a row?I'm sure the chances of you being attacked by a shark,struck by lightning and winning the lottery all combined is still much much higher than 100 times in a row by a huge margin

You can find good arbitrage opportunities pretty easily if you know where to look. Look for asset exchanges and small exchanges

congrats on losing half your profits i guess

You can mitigate transaction times by selling off the eth for a quicker currency. ETH>BTC>X transfer X>BTC>ETG

I've turned $100 into $12,500 since June 13th by day trading. Is there anything I could've bought back then and held to get gains like this?

Great job!

a job

Terrifying, isn't it? The man that does settle down with her (at the point at which she realises her value is dropping like a stone and she decides to stop riding the cock carousel) will, most likely, have no idea of the filthy, slutty cunt she is inside, or the kind of men who have ploughed, beaten and stretched his darling wife's cunt out whilst she screams 'fuck me harder'. Makes one shudder to think about it.

And here I am making 200$ a month with no chance of investing in crypto

You buy low then sell hight. I started with 100 dollars last month and now I made it to 300. It's not a lot but still gives more money to invest into other coins.

>invest 400€ into crypto
>have almost 9000€ now
>planning to pump 1000 every year into crypto
>didnt even start to margin trade
>all long trades
if i continue like this ist not unlikely to get to one million somday

lmao

I can make 5-10% daily trading local highs and lows, which adds up no matter what your initial investment is
It's only holders who are wasting their time

You reckon he won't know? Surley she'll end up with either a aging porn star who's getting ED and needs a meal ticket girlfriend, or with some beta who brags about how he "literally fucks a pornstar"

...

larp

not even
I don't get the hardon Veeky Forums has for bitching at day trading, it's piss easy with how much cryptos swing each day

teach me user, please

I already turned $300 into $500 by day trading, shit's easy just buy alts when they're low and sell them when they're high

aiming for 10k a year in crypto profits. No need for Lambo, also I don't want to stress every day because my livesafing might disappear.

5-10% a day would make you a millionaire in 3 months with a 100 dollar investment

quit larping you glorified gambler

Nah, she'll most likely leave it all behind her and never mention it. She will be aware of the stigma it holds and won't want to scare off Mr Nice and his potential marriage proposal.

am I literally the only person here running an actual business?

Does anyone here actually plan on making reliable $$?

you could have sold at 400

then bought more now

what prevents you from accumulating wealth from $2000 to $2 000 000 other than your inability to predict the market behavior? sad man

some people are just trying to make a few bucks

you must be autistic if you think everyone expects to be a millionaire

this

having a job and trading crypto is a good way to significantly improve your life without being apparently richdouche and magnet for envy

Do you live in Burundi or are you an Army Reservist?

By my calculations, it would take about 4.2 months to become a millionaire off a 100 dollar investment with consistent 7.5% gains every day.

sentiment is the same

wrong person

>7.5% gains every day
The dream is real

Are you high? Best case scenario, alpha traders in the observable universe can achieve between 1.5-3% at most

>all these post saying they made x amount every day without any proof