finbold.com
The last cryptocurrency trading cycle started between 2019 and 2020, reaching its peak in November 2021 and triggering a retracement. During its bull rally, an expert has allegedly turned a $40,000 initial investment into $10 million, speculating on altcoins.
This is the story Michaël van de Poppe told on September 27 through a post on X, encouraging his followers. According to the CIO and founder of MNConsultancy, MNCapital, and MNAcademy, investors can achieve “ridiculous returns” during a bull cycle.
“You need to assure yourself that during a bull cycle, ridiculous returns can be made. If I can do it, then you can do it too.”
– Michaël van de Poppe
As van de Poppe explained, he achieved the 250-fold return mainly by trading and investing in altcoins, with good timing. Besides knowing the best time to buy and sell each cryptocurrency, the expert relied on “compounding through staking.”
Notably, the fifth-richest crypto millionaire, James Fickel, has mostly held his position in Ethereum (ETH) staking through different compounding tools.
If all these expectations come to light, cryptocurrency traders and investors could be facing an opportunity to seek “ridiculous returns,” as van de Poppe said. Nevertheless, cryptocurrencies can be highly unpredictable and volatile, requiring caution during speculation and a clear plan to face the uncertainties.