Dab Forums, It has just occurred to me that what separates $100 from $1,000,000 is only four 10x's

Dab Forums, It has just occurred to me that what separates $100 from $1,000,000 is only four 10x's.
One 10x is ~3.32 2x's. It's basic hs maths, as log base 2 of 10 is approximately 3.32.
Multiply that by 4, and you get ~13.29, the number of 2x's that you need in order to turn $100 into $1M.
Thirteen 2x shitcoins, and you're a millionaire. Just like that.

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If it’s so easy, why hasn’t it happened to anyone yet?

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Yep
Or you just go into Meowth right now and do that over the next few days while based Linkchad gives us his money
Do a x10 every other day and you'll make it in a week

at which point are you currently?

Oh shit, so you're saying that if I go to the casino and just put $100 on black and win 13 times in a row going all-in every time, I'm a millionaire? Holy shit, brb.

it has user, i don't think you realize how many people have made it. I'd estimate that atleast 5% of this board has made it.

Obviously, this calculation is giving an idealised picture. You would have to be incredibly lucky to streak four 10xs in a row.
Plus I am not taking fees and taxes into account.
$600 poorfag student

Most of its from luck though, if it was so easy to predict whats going to 10x then everyone would have done it already.

it's not just thirteen 2x shitcoins though, that's just a 2x
it's a 2x followed by another 2x on that first doubling and so on over 13 times
the amount of $100 bets that you would lose doing this would bankrupt you before you hit a million, even if you start with hundreds of thousands

What about the loses accrued from spreading your money too thin? Let's say you have $1k, pick 10 altcoins hoping 1 moons and let's say 1 does moon. You're back at $1k.

I'll also add, more run red than green. Placing your bets like this isn't smart if you're looking to moonshot. Place the $1k on who you think is most likely to moonshot and if it goes under, get another $1k to moonshot, then repeat.

believe it's all in each time. 2x all in, sell, then all in another

Wait until you find out how easy it is to make a trillion.

I'm back. Holy shit OP, you were right. I'm a fucking millionaire now.

kek

This is why you'll find that people with true crypto wealth rarely fuck with shit coins. I've hit 3 10+xs on an initial investment of 20k over the last 5 years. Swings get the rope and end up paying way too much I'm taxes. Buy blue chips and hold for at least a year.

I disagree, I don't think it's luck. There's a lot of people here who have gotten really good at tuning into what is going to moon.

i started with a 100 few months ago
at 10k now

1 mil in 5 years max

$LMY. There's a quick 10x for ya.

people here are way too obsessed with reaching the point of having 'made it'
having money in crypto already guarantees that you will keep getting richer, don't waste your life minmaxing your investments

how does a rug factor into your equation?

Seems to me that anything capible of a 10x has about a 50% chance of being rugged

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Meh, all you need to do is spend some months glued to your computer whenever there's a bull run and you can make it, freeing you from having to wagecuck. Wagecucking is the real waste of life.