How To Get 1000x Gains In Crypto (Free Tutorial)

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How To Get 1000x Gains In Crypto (Free Tutorial)
How To Get 1000x Gains In Crypto (Free Tutorial) Graphic Β© WealthPowerBoost. Background photo – Shutterstock #176573198 (under license)

(This post is not financial advice). There is loads of talk about “1000x gains” in crypto – and looking at historical price charts shows you that it is indeed possible – in some circumstances.

So let’s look at this in an absolutely real and practical way – and learn how you can give yourself the best chance of doing it.

A Hole In One Is Rare, But A Hole In One With Only One Shot Is Astronomically Rare

First things first – getting 1000x portfolio gains in one shot is very rare, very difficult and you almost certainly won’t do it.

Maybe consider a lottery ticket? It’s cheaper – and you could get 10,000,000X gains!

Are you going to put your entire portfolio on one obscure crypto before anyone has heard of it, then hold through all the massive dips, not take any profit at all and wait until it hits that magical 1000x?

Who even does that? Almost nobody.

You are realistically going to split that stake into maybe 10 or 20 cryptos or some other allocation – in order to hedge against the fact that some of those picks will inevitably tank (especially with obscure small caps).

Even if you did get a 1000x on one of those coins, you would only have 10% of your portfolio on it; so you would only end up with 100x portfolio gains.

Which is awesome, but does not turn $10,000 into $10,000,000. It turns $1,000 of your $10,000 into $1,000,000….

Taking a parallel from a different industry: I created over 20 blogs. Only one of those made over $1,000,000 profit! Quite a few of them tanked and never made enough to even cover the money put into them, let alone the time! It’s a bit like that with cryptos. 1000x is an “outlier statistic” – with many not achieving that.

Market Cap And Timing

Timing is everything.

The first aspect of timing is being ahead of the crowd. If you want big gains you simply have to get there before the crowd (while still having the skills to determine which projects are destined to win big and which are not).

You also have to get out before the crowd gets out (at which point, of course, the price dumps). This is perhaps even more difficult – because many of those investors are very happy with lesser gains, which means they are dumping before you. On a really great project however, the number of people still wanting in continues to outpace the number jumping out, which means the price will continue to rise over time.

That’s a good way to look at it.

“1000x cryptos” are uncommon, but not insanely rare IF you got in when the market cap is absolutely miniscule.

However if a crypto already has a 100 million dollar market cap – then for it to go 1000x it would need to grow to a $100 BILLION dollar market cap!

At the time of writing, only 3 cryptos out of the 14,000+ in existence have a market cap over 100 Billion: Bitcoin, Ethereum and Binance Coin.

What are the chances that your 100M market cap crypto becomes a top 3 crypto? Very VERY small.

There are currently 110 cryptos with a market cap over 1 billion.

So pick something with a market cap under $1 million that becomes a top 110 coin, put all your money on it, hold all of it through the tips and the possibility that it might “only” get to position 150, ignore every single bright shiny object that comes along, that people are saying has better technology… take NO PROFIT and live with the fear that your chosen might never get there, tank and wipe out all that profit? You probably won’t do it! For every story you heard of someone doing it – there are probably 10,000+ people that didn’t.

Now you truly see how insanely difficult a 1000x shot is. Everyone talks about it as though it’s just there for the taking – but in reality it’s like getting a hole in one with the first golf shot of your life.

The second aspect of timing is buying during dips and getting out during peaks.

Timing is absolutely the difference between a 10x gain and a 2x loss on the same crypto, during the same cycle. You can see this – repeatedly – in every single chart!

It’s crazy to think that at all of those peaks, someone bought what the seller was selling… someone ALWAYS buys the top.

This pretty much proves that nobody has any real idea whether the price will go up or down…

One Giant Leap Or Several Small Jumps?

The next thing to note is that this is not a chasm that you have to cross in one leap. There are stepping stones. I know, I know. You promised yourself that Lambo by next birthday. But a better way to look at 1000x gains is that

10x then 10x then 10x = 1000x.

Now getting 10x gains on an entire portfolio is still difficult! Harder than you think! But 10x on an individual crypto is MUCH easier. So much easier that you do in fact have a good chance of doing it three times.

With timing, patience and excellent selection skills.

If you look historically at the people who got rich in crypto – most of them did not do it in one shot – or in one market cycle.

First of all, they got themselves into the position where they had enough to invest to get rich. (Super important!)

Second, they did a ton of research and study, and did not just ape in frivolously “Vegas style”.

And third, they did it in 2 or 3 jumps – with inevitable setbacks and obstacles along the way. They combed through hundreds if not thousands of coins, making databases, comparing statistics, and picking very carefully chosen winners.

Ignoring all the FUD and FOMO…

They might have made 10x in one market cycle, with lets say 5 of their 10 picks going 20x and 5 making no gains.

This then put them in a nice position, with enough to re-invest once again in a carefully chosen set of small projects and “recycle” those gains – with an opportunity to do some real damage and make some REAL gains.

You don’t win a war with a small army of footsoldiers. You turn a small army of footsoldiers into a large army. You then capture tanks and artillery. And THEN you move that heavy artillery into position… now you can capture entire digital cities… then entire virtual planets… πŸ˜‰

Compound Gains

Another way to get to 1000x is to make much smaller gains, many more times. Now this seems easier – doesn’t it?

For example:

2×1000 = 2000
2×2000 = 4000
2×4000 = 8000
2×8000 = 16000
2×16000 = 32000
2×32000 = 64000
2×64000 = 128000
2×128000 = 256000
2×256000 = 512000
2x 512000 = 1,024,000 (1024x)

So doubling your stack 10 times (without taking any profits at all!) gets you to 1024x, which after the exchanges take their fees might be somewhere around 1000x.

(Before tax…)

What about micro gains? You could also shoot for 10% gains over and over again, continuously recycling the money on the dips and growing it gradually over time. But yes, 10% gains will get you there if you do it enough times.

Even this requires immense discipline. If one of your choices is slow moving and only gained 4%, you will be tempted to take that money off and put it on something fast moving. Which sometimes results in missing the pump on the one you bought. There will be losers as well as winners and you are bound to ‘buy the top’ a few times and become a ‘bag holder’ – watching as your money is stuck while the price goes lower, lower, lower. Wondering whether to absorb the loss or hold on for something that may or may not ever come back…. which is excruciating and WILL happen to you – a lot!

You will also want to take some profits, which is totally wise but of course lowers your investment power, meaning you need more multiples.

And – above all this – you will need to remember that…

Arbitrary Numbers Are Projection Math, And Projection Math Is NEVER Accurate

Ironically, you would have a better chance of 1000x gains by not sticking to arbitrary numbers like 10x or 1000x!

This sets a price target that has nothing to do with the actual coin and everything to do with ideals that only exist in your mind! Besides, when it gets to 9x you are going to take profits because you will be saying “this might be as good as it ever gets” and you would be right! Take the profit! Never let a profit turn into a loss!

You can always sell half and rebuy some if it drops and then consolidates. Watch out for the ‘dead cat bounce’!

Another possibility is to simply set your sell point as a limit order and then not even look at the chart. Which is quite nice, because chart watching is almost always FOMO-inducing!

Some people in crypto do really well without ever looking at charts – remember that.

Technology Changes

Looking through the charts of what was in the top 100 4 years ago, is extremely educational.

That chart is very different to the top 100 of now. What happened to the majority of those top 100 coins of 2017?

Many of those coins are “old hat” now. They were technologically promising at the time – however another project became the eventual winner out of the stack of coins that were being heralded as solutions to the same problem. Either that or new technology that did not even exist at the time appears and makes the old tech obsolete.

How will you know which one is going to win? It might not even exist yet!

In tech, this usually happens. If you are old enough to remember the internet before Google, you would know that there were once a whole stack of search engines competing for marketshare. Just like the cryptos of today! Eventually, the market decided on “one search engine to rule them all”. We also have one encyclopedia to rule them all, one video site to rule them all… see the pattern? Most of the others eventually get shook out and lose most of their marketshare to the winner.

And you probably haven’t heard of any of them now. Remember Inktomi? 7Search? Didn’t think so. In 10 years time, 90%+ of todays cryptos will be relics. I am already seeing some that no longer have a website as the project obviously folded.

In short, holding the same coin through more than one market cycle is probably not a great idea. You are better off remembering that everything has a rise and a fall, and to accept this as a reality, getting out before the fall and moving on.

What will be hot 4 years from now? Those are the projects to look into!

Trends change and in this space, trend is everything.

Remember the famous quote “I don’t skate to where the puck is, I skate to where the puck is going to be.”

Right now: NFTs, gaming and metaverse cryptos are white hot. DeFi is still pretty hot.

But what is going to be hot in 2, 5 or 10 years? There’s your target!

Strategy Template

So here’s my suggestion for an overall strategy:

1) Don’t put in money you can’t afford to lose. Seriously. Because this is crypto, and sh*t happens. On that note – learn about wallet security and take that side of things seriously.

2) Research. You need EDGE to get the right tokens! How will you KNOW before others know? Lucky guess? Research the heck out of all the new / upcoming projects and get in before the crowd. This is WORK and takes dedication: Understand trends and what is going to be hot for the next few years. Understand which projects have an edge on their competitors and why. (Can you write an essay on why AVAX is better than SOL – or vice versa – and whether it matters? Can you?) Understand tokenomics. Understand all the various scams, so that you can spot and avoid them.

3) Accumulate as large a supply as possible of a carefully chosen handful of small cap winners – during an accumulation phase of the market. Get in before they have massively pumped and reached the top of their trajectory as a business. How big is an amusement arcade going to be, really? A business that sells shovels though – sells opportunity – the kind everyone wants… this is it. Work 2 jobs and put the surplus into accumulating more tokens. Set yourself a target of accumulating ___x___ of your chosen token – this is a good target! Sell your crap on eBay that you no longer use. Just get the tokens. BEFORE it pumps!

4) Hold them until they have pumped significantly – 10x to 100x range is a good target. But taking profits at 2x is great, so long as you have something at least as good to roll them into.

5) Ruthlessly take profits while profits are there. Cull and sell while you are up. Get in before the crowd, get out before the crowd.

6) Recycle those gains into new projects.

7) Rinse and repeat until you arrive at the finish line. Expect that this will take 5+ years and that you should not be sitting still watching from the sidelines, but should be focused on improving your life as though none of the above is guaranteed and that you need to make it regardless.

8) Never forget that this is WORK. Remember John Paul Getty (one of the richest people to ever live) and his famous statement “The harder I worked, the luckier I got”. Remember this! Luck is not an alternative to work. Work your ass off and then put some of that money into investments that might multiply. Continue to work hard while those allocations are doing their magic – and keep going!

Dog Money Is For Two Types Of People

1 – Stupid people.
2 – People who know it is predominantly for stupid people, understand “the madness of crowds” and act accordingly.

But muh shibapoo-mastiff inu!!

Fail. If you think that someone is just going to tell you which coin to buy and all you have to do is sit there while the internet makes you magically rich with no effort and no stress… dream on. Suck it up; dog money is for the lost and the hopeful – but also for a few people who understand the behavior of the lost and the hopeful; and have no qualms about taking their lunch money.

Dog money is this generation’s lottery ticket. Throw a few bucks on it, sure – if you enjoy gambling. Enjoy the ride and the dreams of a better life, but don’t forget, all those 1000x gains come from others who buy higher than you did, also thinking they were going to get gains – and your 1000x gains must inevitably come from others losses… Yes, there will be a few big winners – but it probably won’t be you.

The Absolute Very Best Path Of All To 1000x Gains?

Learn to code.

Bet you weren’t expecting that! πŸ™‚ Except for the OG’s in the audience, who just nodded their approval.

Yes, there’s an old saying among OG’s in the internet business world (ask me how I know πŸ˜‰ )…

The Coders Always Win.

You know it’s true. Deep down in a place you were really hoping you could pretend didn’t exist.

The best way to get 1000x gains is to learn to code like a ninja and either start your own project or join a team that has the insight to recognize and work with your talent.

Sounds difficult – and boring – but might be easier and less stressful than trading? You might not get the “daily dopamine rushes” but you get “dev allocations” – which means a slice of the tokens at the ground floor price (how’s that for getting in before the crowd?); plus a chance to actually control how well a project works, rather than being at the mercy of the market!

Remember, crypto is a playground built by nerds so that the nerds win!

And let’s face it – becoming a billionaire is the ultimate revenge against the school bully…

It’s also a plain fact that blockchain coders are in HUGE demand and short supply.

So maybe it’s time to join team nerd?

Learn to code and go make something awesome. Because the most reliable way to get rich in a gold rush is to sell shovels. πŸ˜‰