here i want to start a discussion about the possibility of getting rich with cryptos. if you start off with an amount of lets say max. 1k i dont think so. If we say you are able to invest like 10-100k you can still earn alot of money but in this case you are already very wealthy. Here is no enough space below this post to either say "Hey man you got it right" or just prove me wrong. leeeeeeeeeeeeets go
How is investing 10-100k means you are wealthy? I invested that amount and I won't consider myself
wealthy at all.
Yes you can still be rich. $1k to 1 million is a stretch, probably have to get in a very promising ICO like Wanchain and then wait 2 years.
Most of the time you are not going to turn $1k to 1 million.
well it depends on if you went to the bank for a loan or not. If you can easily say i dont need that money anyway you have probably much more left. that is what i tried to say. if you save your income for 30 years and then spend all of it (100k) in crypto then you are not wealthy at all.
but besides that i invested a decent amount in cryptos last summer so as you can tell i made quite some money. we all can hustle and try our best but with investing 1k now and hoping for becoming a millionaire is simply impossible IMHO.