I do agree that a thousand dollars doesn't really look that big, and I feel like it would not be simple, we should probably consider that as not a big deal and could be considering the situation as sensitive. I believe that if we give it enough time then it is going to be bigger, but going from a thousand dollars to something much larger would not be easy, a lot of people will lose patience while waiting for it to become bigger.
But if you could make about 100% on average, which is not possible every year, but there are years like bull run periods where you can make more so if you could on average make 100% per year, in 10 years you would be wealthy. That is why it is the consistency that will get you the most amount of money, being able to wait for it.
Doubling your money every year may not sound as big profits to some, but in fact that is massive as if a person could maintain those kind of profits every single year, they will get more than 1000x during that decade.But if you could make about 100% on average, which is not possible every year, but there are years like bull run periods where you can make more so if you could on average make 100% per year, in 10 years you would be wealthy. That is why it is the consistency that will get you the most amount of money, being able to wait for it.
So someone that invested an amount of money as low as 1k will get one million dollars after those ten years, that being said, it is difficult to earn that much money in a consistent way, as the bear market presents such difficult conditions that breaking even is a good enough result in my mind.
