When learning about crypto trading, you might have come across various sources that hint potential 1,000% gains and more overnight. While profiting this much in 24 hours is certainly not standard practice, there is a fairly straightforward way of actually reaching this number with only a few hours a day, and in this article, we’ll explain how to attempt it.

Good things take time; and so do profits

The first principle to get familiar with is the time aspect of profiting from crypto trading. Many believe that trading is the “all-in and millionaire overnight” or losing everything game, but it can’t be further from the truth. In fact, most traders who actually achieve respectable numbers do so over longer periods of time, meaning several months, or even years.

For that reason, beginners should definitely not expect to reach 1,000% gains in a month, as it will be close to impossible. 1,000% profits are still theoretically possible, however, following certain principles, steps, and targets—let’s see how.

How to potentially reach 1,000% profits with crypto

The secret to reaching 1,000% profits with crypto lies in the way one approaches this seemingly unreal number. Consider this: 1,000% profit per year is only around 3% a day. Without taking compound interest into account, a mere 3% daily profit for a year will put your $1,000 account’s valuation to around $11,000, which is an 1,100% gain. If you choose to reinvest your profits, however, this value could grow exponentially and reach truly astronomical numbers. 

Despite all that, reaching 3% profits every single day for a year is harder than it sounds, and most beginners are unable to complete it right from the get-go. To start, we’d recommend aiming for a lower, yet decent target that even beginner crypto traders should be able to reach.

1,000% vs. 100%: What’s more realistic and why

Let’s take a look at how 1,000% gains compare to 100% on a yearly basis, as the smaller among might be more realistic for those who’re just getting started. Needless to say, 100% is way easier to reach than 1,000%, as it only takes around 0.3% in the green on a daily basis. This amount is perfectly achievable with crypto trading, and most investors have no problem getting to it with around up to an hour of dedication each time.

For those who believe that 100% gains are nothing special, we recommend analyzing how one of the S&P 500 ETFs out there performed. This asset is among the most popular investments globally, and after a few clicks, you’ll learn that its average yearly returns sits at an unadjusted 8%. Hopefully, after this, 100% sounds way better already.

1,000% gains can be realistic with crypto trading, however, it’s all about how long it takes to actually secure those profits. Forget the overnight results, allow yourself time, take one step at a time, and goals once thought unreachable will more likely come your way in the reasonably near future.