How to make 1 Million dollar in 3 weeks

in money •  7 years ago 

Hey!

Maybe you are bored with your daily job and you ask yourself: "How can I get rich quickly?"

Well, forget the lottery, forget the get-quick-rich-schemes.

Let's start. Now. We want chash now.

FIRST WEEK: freelance jobs

Make an account at upwork.com or freelancer.com & start applying for open jobs. An average job can be done in 15 minutes and it pays 20-40 dollars an hour. If you do this 80 hours a week, you make 1600-3200 dollars in 1 week.

SECOND WEEK: trading crypto currencies

Make an account at Bittrex, Poloniex or other exchange for crypto currencies.
Put all the money from week 1 into crypto's.
Suppose you got 3000 dollars. Let's divide this in 4 pieces to reduce the risk that is involved with crypto. We have 4 times 750 dollars now.
Go the the exchange, sort the coins by lowest "% change" . That means, the "cheapest crypto coin".
But 4 different coins, each for 750 dollars.
Place a sell order at +20% the original price
Within 1 week, it is possible to have your money increased by 100x , because there are pumps every now and then

THIRD WEEK, LAST WEEK: AIRBnB (or continue crypto)
You can continue make money with crypto's, but it is better in the long run to have a house.

Buy a house in a popular city. Look at the other houses to rent and look if they have a lot of reviews.
Buy a house with the money made last week (300 000 dollars) and start renting it on AirBnB.

Within no time. You will see the 1 million dollar ;-)

Follow your dreams.
The sky is the limit.

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Hi this is very interesting. I am having a little trouble understanding the part bout the 4 crypto investments. I see that we have 4 pots of $750 each and we are going to sell them when they reach 20% profit. How does this become $300,000? And you sort them by lowest % change - doesn't that mean the ones that have had the least change in price?

Hi! Some crypto's have volatility of 20% hourly (or more !!!), you need to look for those and buy low, sell high, every hour. Repeat, until you think you have enough for a nice house :)

Wow, it sounds like I could have a house in a week! Is there a real time crypto-tracker like Level II software for stock trading?

Don't forget to invite me for a wine ;-)