Let's do the math; If you buy $5,000 LTC at $22 that's 227.27 Litecoins and when we hit all-time high again at $400.00 that's $90,000. Nothing in this scenario is impossible. Now, I 100% recommend only playing with the money you have left, or just use a much smaller amount to test out this scenario. Do not put the money you can't afford to lose into this high-risk asset class until you learn more about and trading in general. In trading there is a rule big banks and investment firms go by; It's called the 90/90/90 rule. Which means that 90% of investors will lose 90% of their money in just 90 days. Remember that everyone is after your money, the smart thing to do is only put it at play when the bottom is in. If you don't catch this bottom, well that's fine because there will be another bottom in just a few weeks.
In the coming weeks, we'll play a little game of "double my money." We'll take a small amount like $500.00 and turn it into $1000.00, that into 2k and so on... All we can lose is $500.00 but the profit we can make is infinite.