Get rich quick! no really, possibly, maybe
I've always been a risk taker and so take this with a pinch of salt, but this may be the best potential set up to make a decent amount of money for relatively low risk.
Firstly I think bitcoin will take a sharp drop sometime soon. Possibly because the company Tether go under after artificially inflating Bitcoin. or it may be something else that starts a panic. Either way we'll see a quick drop but sooner or later Bitcoin will start rising again, to new heights.
When I see this large drop. I will be prepared with around £1000 of Bitcoin on Bitmex. On this platform you can trade with up to 100x leverage. I will only trade with £200 (so can only lose £200) at a time but will trade as if I have £20,000.
Let's consider the scenario of Bitcoin having dropped to £5000 and I buy in as I see it climb. If I catch it right and can watch it grow back to close to current levels around £10,000 I would have made a £20,000 profit.
If I get in wrong and it drops too far I am liquidated and lose just £200. The £1000 in Bitmex is needed as a buffer so you are not liquidated too soon.
£200 risk, potential 20k+ gain.
If you struggle to follow me and want to know more about how you could have a go at this please ask questions, and bare in mind THIS IS NOT FINANCIAL ADVICE, just an an educated gamble I think is well worth the risk. Don't trade what you cannot afford to lose.