Topic: Has Bitcoin Lost it's Fervor for Percentage Gains? (Read 355 times)

99% can also give an altcoin with good development, here you do not know for sure what will depreciate faster, a well-known altcoin or an unknown shitcoin from the depths of the rating.


People also lose a lot of money on bitcoin. For a variety of reasons. To say that bitcoin will never betray anyone is too optimistic. There's no telling which way the crypto market will be regulated in, say, 10 years from now. We can hope that things will be good, but we can't be sure for sure. Let's say bitcoin looks less risky than altcoins, but there is risk there too.

Not unlike the tech stocks in their infancy, Bitcoin and Ethereum once reveled in a golden epoch of extraordinary surges. However, harboring expectations of similar growth sprees now might mirror the illusion of a modern-day Gold Rush.

The strategy of buying a single Bitcoin today, whilst envisioning a bovine surge propelling one into the millionaires' fraternity, may fall short of practicality. The age of intense unpredictability and enormous percentage profits is progressively making way for a steadier phase of growth.

Yet, the altcoin panorama glistens with the lure of prospective fortunes. The riddle lies not merely in hunting the potential "BTC" or "ETH" of tomorrow, but in distinguishing those ventures capable of industry transformation and crafting singular value in the competitive market arena. The route is undeniably tough, abounding in sharp turns, but with the right navigational tools, the trek can be extraordinarily rewarding. Godspeed on your cryptographic journey!

Altcoins do have the potential to achieve higher profits than Bitcoin in the bullrun,but we also have to know how Bitcoin reacts after the halving,
for whales Bitcoin will be a top priority, but for retail I'm sure many will choose Altcoins and say that Bitcoin loses enthusiasm to achieve high profit,
and yes this thinking is wrong because Bitcoin might reach $300k and make retail surprised by that, I don't know we as retail can only follow the flow of whales.

I still think ETH is good investment, the adoption eth has is unparalleled by anything else in crypto, plus all these evm chains which only give more popularity to ethereum.

Sadly the short answer is No.

The long answer is that if you are willing to grind buy Bitcoin even if the price is 25k at present and you will likely make a lot of money on the next bull run. While altcoins are rarely going to be anything good maybe in short term you will make profit but there is not guarantee on that and it is also proven to be more risky than other methods of investment.

Also few people actually become millionaires. This is an exaggeration, from what I have seen over the last few years.

If it's invested in bitcoin for the next bull run, might not give much profit as to when it is invested in other good alt coins, So for me personally i would prefer to invest it in other alt-coins that will give me huge profit when the next bull run comes

Although it is a lot riskier, but it is much easier to make more money using small capital on altcoins than holding BTC. Sometimes, someone can make up more than $1000 from a token he spent less than 50$ on. That can never be achieved with BTC.

Yea, true. You can be a millionaire in Zimbabwe currency and still be poor when converted to dollars.
The only people who can become millionaire when holding BTC are those holding up to 30 BTC.

Becoming a millionaire by investing just 1 BTC in the next bull run is uncertain and depends on a variety of factors, including the duration and pace of the bull run itself. if seen. Bitcoin has experienced significant price appreciation over the years, resulting in huge returns for early investors. While it may be difficult to find an alternative coin like yours, especially for the exact outcome of the next bull run, it's worth considering that the percentage gains seen in the previous cycle may not be easy to replicate.

the capital required is too much, its percentage gains would mean nothing when investment is less than $500, i think thats pretty valid statement nowadays.
altcoin most certainly fill this gap and give alternative options for many, but it's still wiser to just accumulating these big coin just in case if they got significant increase in the future.

that's the reason why many with smaller capital are moving over to altcoins investment.
because despite the shortcoming of capital they could still score good profits. which means better deal for the newcomers.

Choosing an altcoin as an investment, of course, you have to know what to choose. Don't choose Altcoins with bad development. The top altcoins are recommended. Sometimes Altcoins can give hundreds of percent profit, but also give 99% loss like you said.
Bitcoin may be the ultimate investment that will never betray anyone. Bitcoin is the safest choice.

that interesting take but being a millionaire in other currency doesn't necessarily means you are rich, still many considers one to be millionaire when they hold dollars that is 1 million dollars.
moreover it's true that even if the price of BTC twice of its current value, won't make anybody millionaire, even the projected price of bitcoin if the bullruns was coming is still just about 100k dollar which definitely far away from becoming a millionaire.
so I guess it's only effective investing in bitcoin if someone have big enough capital, altcoin exists for the sake of boosting the profit generated from diversifying investment.

Holding 1 BTC in the next bull run, might make you a millionaire, but that depends largely on the value of your currency. If your currency is in dollars, them the answer is no, even the price of BTC doubles, it still won't make you a millionaire in dollars.

While past performance is not indicative of future results, it is true that some individuals have made substantial profits during previous bull cycles in cryptocurrencies like Bitcoin and Ethereum. Investing in 1 BTC may provide significant returns in the future, especially if the value of Bitcoin continues to rise. However, it's important to note that investing in cryptocurrencies carries inherent risks, and there are no guarantees of specific outcomes. Additionally, the cryptocurrency market is constantly evolving, and new opportunities may arise with certain altcoins. It's advisable to conduct thorough research, diversify your portfolio, and consider factors such as project fundamentals, market trends, and risk tolerance when making investment decisions.

This is a very speculative question that depends on many factors, such as the price of BTC, the performance of alt coins, the market conditions, and your risk tolerance. There is no guarantee that any investment will make you a millionaire by the next bull run, or ever. You should do your own research and invest wisely.

It depends on what amount and what altcoins we are talking about. Everything is relative, you can't become a millionaire with bitcoin if you have 1000$ in your account, but 1000$ is sometimes much more pleasant than the lack of it, when you invested in the wrong altcoin and it lost 99% of its value. Investing in altcoins and skillfully fixing the profit from their acquisition is a professionalism and most market players have no idea what altcoins they buy, what to do with them and when to sell them. So at a distance it turns out that it is bitcoin investing that will make you a millionaire much faster even with $1000 than some altcoins that only take your money away.

You can't become a millionaire if you're measuring your wealth in dollars because Bitcoin can't get to $1 million in this bull market. If you also invest that amount in Ethereum, it can't make you a millionaire as well. The only way you can become a millionaire in this bull market is by investing in altcoins.
We have good altcoins that you can invest in and we have those you can invest just for the purpose of riding the hype like memecoins. $Pepe is the recent and trending memecoin and I feel it'll become very popular in the next bull market. You can buy it and make millions of profit but be careful.
Don't invest more than you can comfortably afford losing if the coins fails to reach the peak we're expecting due to other memecoins like Dogecoin and Shiba Inu reached those prices during their peak. Pepecoin might go in the same direction or have a different reaction from the community not believing it.

we all know that coins that highest ranked usually requires big capital otherwise you will not get much.
as much as how much you wanna invest in them, you should also prepare some big capital to make big initial investment.

People that become millionaires in the previous bull run with modest investment are not BTC or ETH investors, if you had invested in bitcoin or ETH with minimum investment, you will make money but not a millionaires, people that made millions are those that invested in alt-coin, because with same amount used to invest in bitcoin if same money is used to invest in alt-coin and bull happen, the one for alt-coin will make more profit, but bitcoin investment is more secured compared to other alt-coins

More honestly if you go through that experience and see that the complex process is not as simple as it seems, I find it not difficult to make big profits in this market but it is not easy either. simple if you didn't understand it in the first place. Investing in BTC and ETH I think is great looking into the future, but you seem to be stuck in the mindset of becoming a millionaire. Since with the previous cycle growth and those who had the opportunity to buy it at the low price of the crypto market period quite lost confidence in the price, it also took a large amount of capital to achieve the goal spend, and right now I think BTC and ETH prices will also increase many times in the next cycle, but to make you a millionaire sooner you need a lot of bitcoin or ETH, not just holding 1 btc and waiting for btc chance to reach $1m.

Then it is easier to invest in bitcoin, it is more reliable than most of the top altcoins and does not grow slower or faster than this group of coins. I don't see much point in choosing these altcoins over bitcoin.


I have projects that I follow closely and hope that they will give good growth in the future, but I never share my investments. I am convinced that every investor should analyze coins himself and make his choice solely on this data, not on the tips of other users. I can tell you that I am following AI coins and zk projects right now.

With regard to Issac's question in Quote #34, that's a good point.  Let's say you had invested $30,000 in the last bear market.  If you had bought 1 BTC at an avg. price of $7,500 and sold it for an avg. price of $50,000.  Then let's say you accumulated a $22,500 position in ETH between $100-$200.  Let's say you bought 150 ETH at an avg. price of $150, which would be a $22,500 position.  And let's say you sold that position of 150 ETH for an avg. of $4,000, which would equal $600,000.  So when you add the proceeds of the $50,000 BTC, you would now have about $650,000 in cash, with about a $620,000 profit.
    And if you played with the numbers, and invested 50% in BTC and 50% in ETH instead, and used the same numbers, and bought 2 BTC at an avg. price of $7,500, and sold them at an avg. price of $50,000, you would have $100,000 in cash.  And if you had spent $15,000 on ETH, you would have 100 ETH at $150.  And then sold them for an avg. of $4000, you would have $400,000.  Or together $500,000, with a $470,000 profit. 
    Or if you had instead invested $22,500 in BTC at the same prices, you would have bought 3 BTC and sold them at $150,000.  And a $7,500 position in ETH would be 50 ETH at $150.  If you sold those at an avg. $4,000 you would have $200,000, plus the $150,000 from the BTC or $350,000.  And that would be a profit of $320,000. 
    The last bull market was a little bit lackluster compared to the other ones, but that was really the 1st one with that characteristic.  I don't think that necessarily means that they'll be continually a little less bullish with each cycle.  I would give it a 50% chance the next bull cycle could be more bullish than the last, and a 50% chance that it would just be similar to the last, but then the following cycles after that could be potentially less and less bullish.
    Now not everyone will have $30,000 to invest, and even if you have more than $50,000 to invest, $50,000 becomes a number that personally I think a lot of people will set as a limit to allocate toward crypto.  So good point Issac, maybe there were not that many millionaires made in the last bull cycle.
    In the previous cycle before that, so say 2 cycles ago, for the sake of keeping the example easy, let's say you purchased a combined $29,700 worth of BTC & ETH, something very close to the $30,000 model.  And the breakdown was 17 BTC at an avg. purchase price of $1,100 a coin, which would have cost you $18,700 and that you sold for an avg. of $15,000 a coin.  Your proceeds would be $255,000.  And let's say you purchased 1,000 ETH at an avg. price of $11 a coin, and sold them for an avg. of $1,000 a coin.  Your proceeds would have been about $1,000,000.  And if you add that to the BTC proceeds, you would have $1,255,000, with a profit of $1,225,300.  I'm guessing many more millionaires were made during this bull cycle than the most recent bull cycle.

asking other people to look for information does not necessarily mean that the project has potential, if you are ready to accept the risk of your friend's research results it is not a problem. because out there many people ask friends to find coins with long-term potential that is not a guarantee. Of course it's better to do your own research to be more confident about the risks that will come because it's the result of choosing your own research coin, learning from mistakes will improve material, broad experience

That's the problem people think that alts and all these cheap projects will take the same trajectory as bitcoin has.  There will be coins that pump but crypto isn't a get rich quick scheme, it's more a lose all your money quick scheme when you throw your money at all these projects.  Most are just cash grabs, just stick with bitcoin lol.

I think the movement can still be considered in percentage gains, but you just have to look at it from multiple entry points instead of a single one, that's the biggest difference. Back in the day you could put in 100 bucks and leave and come back a decade later being very rich, that's gone and you won't see that again in bitcoin, maaaaybe in some alts but not commonly neither, more people will lose their money trying to find something then people who will make money. However, if you keep on investing, if you keep on putting more money into it, then you are going to make a lot of money. I personally do that, whenever I end up a month with some money in my pocket, I put that back into bitcoin so that I could actually profit, or the money I make from my signature income usually stays at bitcoin unless I end up with some extra thing to pay for. Sometimes that happens and I cash out, I am pretty broke right now, but its fine, I can recover and put some aside again with the same tactic.

Buying one bitcoin now will not make you a $ millionaire in the next bull run, no. I think something like $225,000 max in 2025. Then maybe $850,000 by 2029. You will maybe get $1,000,000 by 2032 which is still good going. The thing is, you won’t want to sell it all as what use is $1,000,000 in the current fiat ponzi set up. What will that buy you in 10 years. I think $1,000,000 per bitcoin within 10 years, don’t sell it all for $ though.

Even though we can't deny the fact that Bitcoin has made a lot of millionaires in various currency and denominations both in the past bull run and the previous ones, I don't know why some of the Bitcoin users still doubt that fact even in your comment you portray towards the same mindset of them that believe bitcoin has not made millionaires.

Unless for those that got in at the wrong time such as those that bought Bitcoin when the price was high at an all-time high level, these are people who may have a rough experience at the moment, but those that bought Bitcoin when the price was low at the beginning are already in wealth.

Just like Wiwo mentioned, it just depends on where you reside. If you're from US or any first world countries, it won't make you rich at all unless miraculously Bitcoin just happened to surpass $500k at any of these days right now. If you reside in third-world country, it would be more than enough to make you a millionaire let alone just by investing to it surely makes you a millionaire already like let's say for example here in my country, 1 BTC is equal to 1.1 Million PHP.

Out of curiosity where did you get the conclusion that BTC and ETH made people millionaire in the last bull run?

If you are looking to become a millionaire investing in coins other than BTCitcoin, then luck is a major factor. Couple of months ago there are users who invested in Pepe coin which was a meme coin and majority who had the guts to take a chance made a fortune. There is even some topics regarding that about someone who invested $250 but missed out on making a fortune because he sold them thinking it was a scam.

So luck is a major factor when it comes to making a fortune if you are planning to invest in coins other than BTCitcoin.

It may differ depending on the country you live in. But when we look at it in general, frankly, 1 bitcoin may make a millionaire years later, but I don't think it can do it in the current process. Because in the upcoming bull season, 1 bitcoin will make around 100 thousand dollars according to my estimate and if you live in European countries, it will be an average wage. But if you live in a country with a high dollar rate, millionaire will be inevitable for you.

As the cryptocurrency market has matured, some argue that the potential for astronomical percentage gains, like those witnessed in the early days of Bitcoin, may have diminished. As more institutional investors and large corporations enter the market, it is believed that the overall volatility might decrease.
However, it's worth mentioning that the future of Bitcoin and its potential for percentage gains is uncertain. The cryptocurrency market is influenced by various factors, including market sentiment, regulatory developments, technological advancements, and global economic conditions.

But that's not the goal that he has mentioned, he want to become a millionaire and not just some hundred thousands profiteer.

He becomes one if he's got more than 10 BTC as he buys now. But if he doesn't have that much and he's seeking to become a millionaire, it's harder if he'll do it with altcoins that he's unsure of.

BTC is like the safer way and hoping that there will be no problems being met as he gets there. Maybe after 2028, which will have the next halving, who knows if BTC will be up by half mil or mil by that time.

Well, no one is certain whether thr msrket price of Bitcoin would be over a million. If it is general tendency, then ofcourse there's a chance; problem is no one is certain. However if it is bullrun we are talking about, you may expect huge price increase and therefore, huge profit. Bitcoin is one of the leading cyrpto in every uptrend and rest assured that profit will be earned if conditions would be met. Altcoins will give you bigger profit given that these coins are having lower market price on an average day  therefore it will have higher rate of increaase. The tisk on this one is choosing the right altcoin. Most of the coins are expected to have a price increase during a bullrun but ofcourse you would eye for which would generate bigger returns  and that would be hard to determine in an instant.

Investing 1 BTC when the Bitcoin price is at $ 27k of course you can have the opportunity to get more bullish profits later,
just imagine if you Hold 1 Bitcoin at the current price and in 2025 the Bitcoin price reaches $ 100k or maybe $ 150k,
then you get $ 100k in 2 years yes you are a millionaire mate!.

The growth ratio tends to decrease as the price increases, it is easier for a coin to do a 10x if it's priced at $1 as a 10x would mean it will reach $10, but it would be difficult for the same coin to do a 10x when its priced at $10 because then it will require to reach $100. So, it was obviously easier for Bitcoin and Ethereum to gain high values when they had small prices, especially Bitcoin, which is why early investors got a lot of profit out of their investments.

Those who invest now will surely get a profit but this profit can't match the profits that early adopters and investors got, that is the reason why those who new Bitcoin in its early days but didn't invest regret their decisions now.

I agree. I am looking forward to the next 2 years as another major bull run but the growth of the top coins are just limited. They might grow more but it will take more years of wait which makes the usual bitcoin halving cycle not enough.

I just noticed that you're staff here in Bitcointalk. It feels good to have a response from people like you. I am still looking for coins that have the potential to grow at least x10 in the next bull run. Any projects you can recommend or coins that you are keeping an eye on?

Coins from the top 20 will no longer grow steadily and you won't make much money there. They are, you might say, low-risk investments that are likely to bring you money, but not much. Of course, right now it looks like coins meant for big capitals and institutionals and I partly agree with that. Coins like ETH, BNB, ADA, etc. are very poorly suited for portfolios that have liquidity of a few hundred or thousands of dollars. For 3-4 years of holding such portfolio investor will get max 500% profit, which is great for traditional finance world, but very low for crypto investments, the same SUI gave 5000% profit for few days to those who bought through WL.

We should understand that the bitcoin market capitalization is now worth over $500 billion. It needs hundreds of billions of dollars to double its price which is still very doable but not so fast. This is the same situation with the other top altcoins like ethereum and BNB that became more valuable throughout the years.

In investing, stay realistic to avoid getting disappointed. The higher the risk, the higher the reward. So if someone is looking for an investment that can possibly x10 in the next bull run, feel free to do heavy research on some potential coins that are undervalued. Specifically, those coins that are not in the billion-dollar market cap.

So, are you expecting to be the next rich person by investing in the bitcoin? Bitcoin will not able to give you the same like what already received by early adopters of bitcoin.

You have been very late now. Think about that. 1 bitcoin is not enough to make you become a new millionaire and you shall wait for another decade to see that happens.
Those who have become early adopters being rich from invest during the early phase then you should learn from what they have done. Try to search for a potential token/coin in the market that may possible to go up as big as what bitcoin done before.

That's the most difficult part.

1 BTC at six digits is more likely to happen in the next bullrun but even that is already considered highly optimistic. No.


If you mean buying one of those on top 20 using 1 BTC worth investment then there's a higher percentage that it could happen. Their market caps are still small compared to BTC so there's that hope.

Not the elite but there are many claims that people became millionaires from taking their chances on relatively new coins with maybe a thousand worth of "investment". It's up to you if you want to gamble on that.

I don't think 1BTC is enough to get millionaire on the next bull run. Last ATH was 69,000$, so even on the most optmistic scenario it's unlikely Bitcoin is going to cross the 1$ million dollars barrier... Be happy and consider mission accomplished if BTC is able to reach 100,000$. Moreover, indeed, the percentage of gains with BTC must be lower than it was on previous cycles. You can't make the same profit right now early investors made on their times. Market loses traction as it becomes more solid and less volatile.

On the other hand, there isn't anything like "elite altcoins" on this industry, neither they are safe investments. The safest investment in crypto is still Bitcoin and if that is the characteristic you are looking for, you should invest your funds in BTC. All the other bets will involve a lot of risks which may not end as you intend.

So whether you accept losses in the short term or a relative period of time, I see that the hype in investing makes many people who have not experienced it to have a subjective view of this field as well as the market. Do your own research, don't depend on anyone's judgment, then come back and answer the questions you've asked yourself, and repeat this now or in the future that you really believe. bitcoin?

First, it wasn't "safe" for you to become a millionaire back then. It seems safe compared to now because we KNOW what's going to happen already, so don't be dumb enough to assume that that's always the case. Second, it seemed like "modest" investments now, but with the same logic as the first, it only seemed like it. I mean, would it seem modest to invest thousands of dollars on an unknown currency that popped up all of a sudden without any company backing it?

Any altcoin could potentially give you big profit, the margin of growth in new coins is a lot bigger in comparison to old coins after all, but at the same time, just like when Bitcoin was new, the risk is comparatively higher compared to well-known ones. As for Bitcoin making you a millionaire, who knows? It may be a modest growth, or maybe even none at all. I'd suggest just doing DCA though instead if possible.

If anything, they would have achieved their own version of unique achievements and had one of their own. Basically between bitcoin and ethereum start from the price of $ 0 and then they reach different ATH levels with different journey times. The question is, who really survived from the starting point? (Identification of millionaires starts from here).

Speaking of innovation, bitcoin has brought everyone financial freedom to a certain level, Ethereum has brought solutions to almost all of the fintech industry. If you expect a new altcoin to be in the future with what they've achieved, at least it has an equally great idea.

It is possible if the next bull run will turn out more volatile. If you buy 1 btc now selling around $28,007 and when the price of btc by next year bull go to $200,000, this means you have make more return in your investment. That will be about x6 profit apart from your investment money which is current price ( $200,000 ) - minus your investment that is buying price ($28,007), $200,000 - $28,007 = $191,993. With this analysis you have profit of $191,993. So your question will depending on the volatility of btc after halving.


Not country of origin. The price of bitcoin is higher than the currency of any country and exchanging to local currency is going to give you have value that you have more money that can make you millionaire in your country any where in the world.

You are ignoring the factor that those people you are talking about have invested in bitcoin at earlier stage when it was low like say few hundred dollars or even less and with next bull phase they have gained millionaire status.But now suppose you invest at $30k and with next bull run it also double up to $60k so how much you would gain? With increased market cap and prices it's hard to get those high returns which we need to understand instead of making our own false assumptions.

Investing in bitcoin would rarely make you a millionaire, simply because the value of Bitcoin is already very high and you are only investing one bitcoin. If you consider putting same amount in other less valuable coin, it may be possible to surpass the millionaire goal as there would be multiplier effect when the value of such token goes higher.

You won’t be a millionaire by buying 1 Bitcoin. That boat is long gone. The last time you could of invested a small amount and became a millionaire was in 2015 when it was $200. Even if you bought in 2019 at $4K, you would still need to own 15 BTC to hit the million mark in 2021-22 and those 15 bitcoins would cost you over $60K which is a lot of money.

Those who bought in the $30 range did very well if they didn’t sell. However most probably lost their coins or sold when it hit $100 or even $1000.

Yes of course. But if it is a long term investment. I believe Bitcoin will hit $1m but that still has a long way to go. I advise you to invest long term in your Bitcoin. I don't see any other coin that has as much potential as Bitcoin for now.

For you to become a millionaire on the next bull run, Bitcoin should reach $1m. I don't think that it will happen anytime sooner but you get the safest crypto investment.

While many will say that it's more likely for you to earn that much with altcoins. But the risk is higher and you'll never know if these projects are here to stay.

So, you get to choose the slow process but surer or the quicker process but you're like playing random cards.

At this stage of bitcoin and altcoin development, bitcoin can only make you a millionaire if you have a large deposit, like $50 or $100,000. If you have $10,000, for example, neither ETH nor BTC will make you a millionaire. The growth of these coins has slowed down a lot and is unlikely to keep the same pace as before. Altcoins can make you a millionaire even with a modest deposit of several thousand dollars, and in just a few years, but you have to try hard and keep abreast of all new and promising altcoins.

How much money can be considered as a millionaire? I think this is very relative so there is no comparison because everyone is different in saying this, so if you want to become a millionaire from bitcoin or other crypto then you have to be prepared for all the risks and it's not easy to say even if you imagined being bullish before not necessarily you will never feel if you don't know how to invest here and when to take advantage of it all it takes the right time to do it.

Altcoins are full of risks, but in some other coins there are up to thousands of percent, but you have to know which coin to choose, all of that requires research, even if you fail to choose the altcoin to invest, it will be a big loss in your life.
Basically Bitcoin is the best investment choice but if you have 1 BTC then it is enough with bull run conditions for example, but I can't say you are a millionaire because other people will have more value than you.

The desire to become a millionaire may sound exaggerated, do you understand trading, investing and what risks you will face. The crypto market is not as easy as you might think. there's a lot of trouble to come. if you only see the profits then you need to see how painful it is when you experience a lot of losses. To become a millionaire in crypto requires good knowledge and there may be some good luck for those who are consistent and believe in crypto. Investing 1 BTC right now might make you a millionaire if you are able to hold it long term and reach new ATH, but if you are not strong and instead sell when you lose, it will just be a waste of your money.

Yes, I'm sure you will get big profits if you start investing from now on. It's not too late because the bitcoin price has already dropped a lot, and maybe in the next bullrun, the price will pass $60k. And a little advice, you can also invest in the top 10 accredited tokens instead of investing in new coins, because the it's very highrisk.

How can you seriously expect someone to give you a meaningful answer to such a question? Yes, investing in BTC and ETH has made some people millionaires in the past, but you can't really expect someone to predict with certainty whether investing in BTC would be enough to make someone a millionaire in the next bull run. Also, you can't really expect someone to tell you which coins have the highest chance of making you rich.

Let's look at meme coins like DOGE or SHIB as an example. If someone, just a random person on a forum, had told you two years ago that these coins would skyrocket by 100x or even 1000x, would you have believed it? Even if you did accept such a prediction and invested in these coins, chances are you wouldn't have become a millionaire, and you likely wouldn't have sold at the all-time high (ATH), because accurately timing the market is practically impossible.

The problem is that no one can predict the future. There is no way to know what will happen in the next bull run or bear market. The best thing you can do is to learn as much as possible about cryptocurrency investing so that you can make an informed decision about whether it's right for you. And don't rely on other people's predictions, because in most cases, these people are not doing it in your interest, but in theirs.

Let's take for instance you invested on bitcoin and two other altcoins while bitcoin was at $27,000 you hodl and secure your assets till when the bullrun occur after some years and the bitcoin price jumped up to a new all time high of about $150,000 from it all time high of $68,000, this will be a massive increase on all your investments including those other two coins you have invested because they will definitely gives you a reasonable profit realization, this makes it a good idea to always buy the dip and hodl till major event happens that makes the market go bullish, this same experience will happen to all other cryptos you have invested on as long as they are still in market running and they project never failed.

The answer to this is dependent on your country of origin, because for me in Nigeria, holding 1 Bitcoin for the next bull rub can make you a millionaire in my local currency, because the value of my local currency is low compared to the DCA Bitcoin price and if there is any increase in the price of bitcoin somewhere around $1k+ it enough to earn you a million naira in profits.

But for those who leave in the United States, it may not be able to make them a millionaire in the currency, since Bitcoin have to do multiple price increase in innumerable e.e.g. million dollars x price to make you a million dollar profits from holding 1 Bitcoin.

People seem to have become millionaires in previous bull cycles with modest investments in BTC & ETH.  If I invested in 1 BTC, is it enough to make me a millionaire by the next bull run, or are there an elite number of alt coins that could help me safely achieve what BTC & ETH once did?