41–45 of 45 posts
If there was a legal way to do this, wouldn't we all be doing it?
> If there was a legal way to do this, wouldn't we all be doing it? Not necessarily. People are lazy / insecure / impatient / etc. The OP stipulates minimal capital but nothing about level of effort. There are near infinite paths to increase capital 100x, and many of those routes require extraordinary amounts of effort.
Find a bank offering a certificate of deposit with a 10,000% interest rate. Go to a roulette table, put it all on black. Repeat seven times.
> Go to a roulette table, put it all on black. Repeat seven times. This was my thought initially, but then I remembered that casinos usually declare maximum bets. I'm not sure you can place $640,000 on black in one spin.
Earlier quoted context omitted.
> If there was a legal way to do this, wouldn't we all be doing it? Not necessarily. People are lazy / insecure / impatient / etc. The OP stipulates minimal capital but nothing about level of effort. There are near infinite paths to increase capital 100x, and many of those routes require extraordinary amounts of effort.
Please enlighten us with your wisdom with just a few examples, since you know of infinite paths.
This is exactly what these podcasters are doing: Taking $10k and using every trick in the hedge fund playbook to turn it into $1 million (or zero!). https://twitter.com/hardmoneypod?ref_src=twsrc%5Egoogle%7Ctw...
Hedge fund "playbooks" are actually pretty safe sometimes. If you have a hunch that's wrong, and you end up 10% down vs your colleagues, someone will give you a tap on the shoulder and have you escorted from the building. Potentially career ending.
Earlier quoted context omitted.
> If there was a legal way to do this, wouldn't we all be doing it? Not necessarily. People are lazy / insecure / impatient / etc. The OP stipulates minimal capital but nothing about level of effort. There are near infinite paths to increase capital 100x, and many of those routes require extraordinary amounts of effort.
Please enlighten us with your wisdom with just a few examples, since you know of infinite paths.
Such rudeness doesn't deserve a reply, so consider this reply for the larger HN community.
My original post was something like this
> Offer a training on how to raise capital (2.5K course dev, 5K marketing, 2.5K admin maintenance).
and then I changed course because there are nearly infinite paths to turn 10K into 1MM.
Another example is to trade derivatives. There are other examples, but my point is not in the infinitude but that increasing capital is not as simple as having an idea.
Most routes to increase capital significantly are labor and time intensive.