Alexander LorenzoCoinPicks, CoinPicks · Founder & Chief Investment Officer CoinPicks Capital 👇🏾This strategy made me 8 million dollars

How I Would Turn $500 into $1 Million

26 Jun 2025 · 2 min

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1:30

In this monologue the speaker outlines a high‑risk, aggressive cryptocurrency plan for turning a modest $500 into a million dollars. He begins by recommending a side job—preferably gig work like Uber Eats or Postmates—to secure a reliable cash flow that can be used to buy market dips. The core investment focus is on low‑liquidity tokens whose total liquidity sits between $50,000 and $2 million, with the added filter that the project must have a publicly known team to reduce scam risk. He then advises scouting for coins that have already shown massive gains (10k‑20k% increases) in the past 30‑60 days and finding similar low‑liquidity projects that match those performance patterns. Acknowledging the gambling‑like nature of the approach, he stresses a mental framework of expecting to fail many times and only needing one big win, recommending tiny, frequent bets of $50‑$100. If the trading account is wiped, the gig job provides a fallback, and the speaker even suggests trading from a laptop using a mobile hotspot while delivering orders. Throughout, he emphasizes that most trades will lose money, but a few 50‑70× returns could eventually compound to a million.

Chapters

If I only had $500 to my name and I wanted to make my first million, I had to start over. Never heard anything about cryptocurrency. This is exactly what I would do. Step 1, I would get a job. Now it sounds counterintuitive because everybody wants to get rich, but you need guaranteed cash flow on the side to be able to buy the dips in strategic times. Okay. Number 2, I would focus on the liquidity level of $50,000 to about $2 million. Look at the liquidity pools, focus on that liquidity level. Now, most of them are scams and you have to gauge it, but you could weed through 90% of the scams by just simply making sure they have a public Team. So if they're in that liquidity level, they have a public team. They're probably not a scam. And then number three, I would look at the coins that are already working the last thirty to sixty days. I would look at the things that have already gone up like ten thousand, twenty thousand percent, and I would look at the coins that I'm researching and try to closely match the thing that's already working with the low liquidity team coin that you are researching. Okay, you're gonna get wrecked. You're gonna lose a lot of money for sure. If you do this enough, you'll get a fifty x. You'll get a sixty, seventy x. Now what you got to do as well to help yourself prepare for this mentally, especially if your research sucks, it's pretty much gambling. So what you got to do in all caps is I will fail 100 times and all I need to do is get one to work for me. And then I would allocate small amounts like $50 here, you know, $100 here. And if I lose my trading account, whatever the case is, then, you know, work the job. Something like Uber Eats or Postmates can guarantee you the income. And if you're smart, you could literally do Uber Eats or Postmates and then trade literally in your laptop with a hotspot in your car. That's the type of stuff I would do is get it by any means necessary.