That is possible if you are a pro trader yourself, however, if somebody else is claiming that they will help you achieving that, then they are frauds. No one will do such kind of thing for anyone. This is a highly risky work and there is no guarantee of achieving this as the crypto market is more volatile than any other market. If you are contacted by some binary trader or forex trader who claimed they will generate this profit for you, I suggest you stay away from them or your will lose more money than $200.
Bitcoin is not a scheme, If you understand what blockchain and cryptocurrency brings on table , you will ask the same question .
During Bull run , making 2–3x in a week is possible but it can go down also .
Do learn about bitcoin and do research before investing.
You must read bitcoin Whitepaper to get more idea about bitcoin and its purpose.
Bitcoin is not just CryptoCurrency, it is wisdom.
This is what i believe :
“What Internet was in late 1990s , crypto is right now”. Be careful where you invest and always Do your Own Research
Alternatively you can spread your investment into a good portfolio and HODL (Hold on for dear life - Crypto term for Buying and Holding a particular Coin/Token/Asset). In fact Altcoins at the moment are bringing in more returns than bitcoin as many of them are backed by ongoing projects which improve the overall ecosystem in which they operate. Bitcoin is more regarded as a store of value these days than a digital currency to be used for purchases. The altcoins on the otherhand work differently. So if you do your research and make the right choices, you will see good returns.
You could invest in Bitcoin and also invest in other Altcoins like Ethereum, Cardano, Polkadot,Uniswap, Binance, etc. The space is growing with plenty of opportunities. The main thing is careful DYOR (Do your own research).
Lastly and disclaimer, the above is not financial advise but literally what I do and in a short space of time I have seen some return which did not make me that amount in a week but overtime has proven to be very profitable.
