Realistically how much would be needed in Crypto to become a millionaire aide next bull run?
Realistically how much would be needed in Crypto to become a millionaire aide next bull run?
I know it depends and one alt that pulls a shiba could mean a small amount. I guess I’m just figuring a general BTC ETH type investment and maybe other higher ranked Alts…
Assuming we break ATHs again and maybe even clear above a $100k BTC how much money should someone try and get in during this bear/sideways market now?
I’m afraid you would still need like $50k or more to make that kind of money and I do not make enough money to hit that goal within the year…but I’m hopeful maybe $10k could make at least six figures as that seems more realistic for many people here.
What are your stacks like? Goals? And thoughts?
It’s crazy how dumb luck can take you to places where a normal person working for their whole lifetime won’t reach.
SHIB guy turned 8K into 5.6″ billion, so he could of also of turned $8.00 into 5.6 million.
you need to be lucky
If you’re in BTC/ETH and you want to become a millionaire next bull run, you’ll likely need at least 6 figures in right now. If you diversify and pick a few alts that survive and do well, you could do it with less but it’s far riskier.
In no real life scenario are you gonna be able to exit at exactly the top. And if you try to do it, you’re more likely to overshoot, and maybe undershoot. So even attempting it, only decreases your chances even further of hitting a million.
So even if Bitcoin hits $110K, OP isn’t gonna get 5x in almost every cases. Only in a very rare lottery case.
Btc is at 22k, if say it goes 110k then if you were interested entirely in it then you get a 5x return. So your 10k would go to 50k.
Here’s the math:
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you’ve got 10k
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you want it to be 1m or 1000k – you’ll need 100x returns for that
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you can find out the prices for coins right now and their ATH too. From these two figures you can try and estimate the potential upside here.