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/biz/ - Business & Finance

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4945055 No.4945055 [Reply] [Original]

John McAfee says I need 1000% a year or I suck. That's 2.74% a day.

Is that even possible in the crypto market?

>> No.4945074

>>4945055
yeah.. this year

>> No.4945101

>>4945055
>Is that even possible in the crypto market?
are you fucking stupid? a 2.74% fluctuation is NOTHING in crypto

>> No.4945102

>>4945055
yea, but you need an IQ over 100

>> No.4945105

>>4945055
Made 2593% on Iota since June.
Just DYOR and pick a coin you have fully researched and believe in and hold for 6 months-year through hell and high-water. Barring exit scams, you'll make it.

>> No.4945111

>>4945055
Im 2.5x in 3.5 weeks so looks good thus far :o

>> No.4945119

Bitch if you can't hit 7% a day minimum you suck at trading.

>> No.4945130

100k in 3 hours

>> No.4945197

>>4945055
Honestly I'm waiting for digibyte to reach $1.00 value. I've got 433 of them right now at a $0.01 value, so based on my math, if digibyte reaches $1.00 at somepoint, I'll have around $43,000 USD value. It's just a question of when it will reach $1.00 assuming it will.

>> No.4945537

>>4945055
Hold ARK for 6 months.

>> No.4945600

>>4945119
What the hell are you trading if youre making 7% a day?
Which markets are so volatile?

>> No.4946077

>>4945197
HOW FUCKING DUMB ARE YOU? if dgb gets to $1 a coin you got 433 dollars you idiot i cant believe this

>> No.4946218
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4946218

pretty fucking easy if you invest in his companies

>> No.4946311

>>4945055
I tried that strategy it doesnt work
Imagine you made 3% profit made in a day
Next day you lose 60%
How do you fucking cope you now need more days just to break even

>> No.4946351

>>4945600
btc today, already made 20%

>> No.4946453

you only need ~0.7% daily to get 1000% in a year

>> No.4946495

>>4946453
shhhhhhhhhhhhh. biz doesn't know maths

>> No.4946535

>>4945197
Your math is not even close to right.

>> No.4946579

>>4946535
1*1.007^365 = 12x

>> No.4946604

>>4945197
And just for clarification, you would need 433 DOLLARS worth of them for them to be worth 43,300 dollars when they hit a dollar. Still a great ROI for less than a night in vegas for two people... but it sounds like you own 4.33 of them not 433.00 of them.

>> No.4946646

>>4945101
Are you a moron

>> No.4946702

>>4945119
>if you can't turn $100 into $5 trillion in a year you suck at trading
Hmm

>> No.4946913

>>4946311
>Next day you lose 60%

I don't think this is posible even when trading shitcoins this year, or any other market for that matter

>> No.4946934

>>4946311
>what is a stop loss

>> No.4946942

>>4946913
>I dont think
you thought wrong

>> No.4946999
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4946999

>>4946453
.7 x 365 = 255.5

nice try tho

>> No.4947035

>>4946579
>>4946999

>> No.4947044

>>4946913
It's easy to make money in a bull market and then convince yourself you're a good day trader because of it.

>> No.4947072

buying and holding any of the major coins produced a 1000% return this year

>> No.4947092

>>4946999
Are you intentionally being this retarded?

>> No.4947128

>Is that even possible in the crypto market?
Is that even not possible in the crypto market?

>> No.4947245

>>4945055
I didn't buy at ICO when will I be able to buy again?

>> No.4947285

>>4946999
look at the brainlet try to do math.

it's. 7% a day. let's try together.
100
100 * 1.07 = 107.
(difference 7 dollars)
107 *1.07 = 114.49
(difference 7.49 dollar)
114.49 * 1 07 = 122.50
(difference is 8.01 dollars)
etc.

it's cumulative interest daily, fucko. every days increase is based on the previous day [eg, more money than starting), not the original day.

god, you must have failed remedial algebra three times or something.

>> No.4947304
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4947304

>>4946999

>> No.4947371

>>4946999
Holy fuck retard alert

>> No.4947618

>>4946702
He's a pajeet and started off with 1 satoshi. Now he has 530 dollars. You just gotta get on his level.