Is It Possible to Turn $100 into $100,000 in a Year Through Crypto Investments? 🤭
Straight to the point, let’s look at the calculation below first.
The calculation for turning $100 into $100,000 in a year through cryptocurrency investments involves estimating the potential percentage gain required. Here’s the formula:
Percentage Gain = ((Final Value - Initial Value) / Initial Value) * 100%
In this case:
• Initial Value (IV) = $100 • Final Value (FV) = $100,000
Now, plug these values into the formula:
Percentage Gain = (($100,000 - $100) / $100) * 100% Percentage Gain = ($99,900 / $100) * 100% Percentage Gain = 99900%
So, you would need a whopping 99,900% return on your initial $100 investment to reach $100,000 in one year.
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Beware: Lazarus Group Targeting Web3 Developers in “Operation 99” 🚨
The Lazarus Group, a North Korean hacking team, is attacking #Web3 and crypto developers using fake LinkedIn job offers. They trick victims into downloading malicious code from fake GitLab projects. Their malware can steal sensitive data, track crypto wallets, and compromise devices on Windows, macOS, and Linux.
What You Should Do: • Ignore LinkedIn job offers asking you to download files or clone code. • Double-check the source before cloning any Git repositories. • Watch for unusual clipboard or browser activity. • Report anything suspicious to your security team right away.