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Topic: How's the market going to look in 10 years? With 1500 crypto currency - page 2. (Read 214 times)

member
Activity: 378
Merit: 16
In my opinion 10 years after now the market cap would go from billions to trillions and most people who are early adopters of the blockchain would also be rich because I think in that span of time people would recognize crypto currency and maybe it would be also become a norm in the community
full member
Activity: 350
Merit: 106
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I think 10 years from now I'll be retired from working. Living off crypto income. That's just my idea. 10 years is enough for exponential growth. Took 10 years to become a millionaire maybe less with 333 bitcoins. That's only a 1000$ invested. I got like 6 coins with 1000 each invested. I think my chances is very high. While I'm adding more coins like dent, Electra, universal, nuls . its do or die time.

My thinking is don't wait for 10 years because that is too long to guess what can happen. Instead, try to sell whenever you think made a good profit and try to back the same amount of coins at a lower rate. Because as we all know crypto market after a bull run it will correct a lot so if you do this correctly then you can achieve your target much earlier than 10 years. At first, you can do this experiment with a partial amount of your investment and if it works for you then continue or else just go with your plan. I wish you good luck....
I agree with this, 10 years is a long wait while it takes only months or a year to know if you have invested in the right coin. I suggest you to make a standard price for your goal to sell off your holdings and try to buy back when its price goes dip again.
Ctn
sr. member
Activity: 644
Merit: 259
I think 10 years from now I'll be retired from working. Living off crypto income. That's just my idea. 10 years is enough for exponential growth. Took 10 years to become a millionaire maybe less with 333 bitcoins. That's only a 1000$ invested. I got like 6 coins with 1000 each invested. I think my chances is very high. While I'm adding more coins like dent, Electra, universal, nuls . its do or die time.

I think 50% of investment in the bitcoin would be very nice idea to go with. I mean BTC alone can make you benefits that are worth holding 10 different altcoins in the market. I mean that is just the way of representing the power of the bitcoin but I am saying that this kind of miracle does happen in the crypto currencies.

But one thing is sure, if you really keep your investment into bitcoin and different altcoins then surely in the future to come after 10 years they will be very beneficial and may just get you very nice retirement. I am still young but I would really have lot of coins stored in my cold storage by the time I will be getting my retirement.  Cheesy
full member
Activity: 585
Merit: 100
It is difficult to predict how the electronic money market will over the next 10 years. The market is rich with many different electronic currencies. It is hard to know for another 10 years that any electronic currency that will be crowned may be bitcoin or ETH or a new currency.
member
Activity: 216
Merit: 10
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I think 10 years from now I'll be retired from working. Living off crypto income. That's just my idea. 10 years is enough for exponential growth. Took 10 years to become a millionaire maybe less with 333 bitcoins. That's only a 1000$ invested. I got like 6 coins with 1000 each invested. I think my chances is very high. While I'm adding more coins like dent, Electra, universal, nuls . its do or die time.

My thinking is don't wait for 10 years because that is too long to guess what can happen. Instead, try to sell whenever you think made a good profit and try to back the same amount of coins at a lower rate. Because as we all know crypto market after a bull run it will correct a lot so if you do this correctly then you can achieve your target much earlier than 10 years. At first, you can do this experiment with a partial amount of your investment and if it works for you then continue or else just go with your plan. I wish you good luck....

so when the market has a bull and the target has been reached then we have to sell our assets. if the market is bear we buy back and get more assets.

but what if the market continues to rise, while we have sold our aset, what should we do?
if when the market down we have bought, but the market continues to decline, what should we do?
newbie
Activity: 103
Merit: 0
Well there's millions of different companies so I don't think 1000s of different cryptocurrencies will be a problem. I expect most of the current ones will be gone though, same with how the internet evolved.
member
Activity: 112
Merit: 10
it is certain that most coins will cease to exist. I looked at the top coins of 2013-2014. of them I learned only several. And it will also be with the current coins. only strong coins will remain, for which there is a strong team. And their product will be in demand.
jr. member
Activity: 504
Merit: 3
Yes, it seems like more than 90% of those 1500 altcoins will cease to exist and only strong ones will stay. So it is a good choice to spread around your assets in many different coins in the top 100 ranking. That is how you can minimize the risk, because quite frankly all of the top 100 won't disappear. Some will, but mostly I think those will stay.
legendary
Activity: 1456
Merit: 1023
I think 10 years from now I'll be retired from working. Living off crypto income. That's just my idea. 10 years is enough for exponential growth. Took 10 years to become a millionaire maybe less with 333 bitcoins. That's only a 1000$ invested. I got like 6 coins with 1000 each invested. I think my chances is very high. While I'm adding more coins like dent, Electra, universal, nuls . its do or die time.

My thinking is don't wait for 10 years because that is too long to guess what can happen. Instead, try to sell whenever you think made a good profit and try to back the same amount of coins at a lower rate. Because as we all know crypto market after a bull run it will correct a lot so if you do this correctly then you can achieve your target much earlier than 10 years. At first, you can do this experiment with a partial amount of your investment and if it works for you then continue or else just go with your plan. I wish you good luck....
sr. member
Activity: 798
Merit: 250
homt.net
I think the market is going to do very well in the next 10 years because crypto adoption is getting wider coverage. More blockchain projects will emerge that will engender a positive market growth in nearest future.
newbie
Activity: 224
Merit: 0
Yes of course we are the future of business , crypto currency will change the world soon or later
rbt
full member
Activity: 266
Merit: 101
Actually right now there are 1623 cryptocurrencies listed on coinmarketcap and plenty other unlisted (low volume). Probably 2-3% of them will survive 10 years from now and also many new other coins will appear. If mainstream adoption will occur, then these survivors will most likely worth a lot - so, choose wise and HODL!
jr. member
Activity: 294
Merit: 1
I do not think that in 10 years there are still so many crypto currencys. There will probably only be a handful of currencies left who people will use.
Most of them will surely die and people will no longer mine theys coins or they will no longer have any value.
sr. member
Activity: 882
Merit: 301
Majority of the 1500 coins/tokens will probably die in ten years but new ones might just pop out to replace them. BTC might go 10K or we may also see a new King by that time
jr. member
Activity: 439
Merit: 1
Yeah I hear a lot of coins that are scam but I think its your best judgement. Some coins goes silent for 6 months at a time then a 200% burst. Its easy if ur think long term. I'm thinking if I had invested into apple 10 years ago, I'd be rich. Same thinking goes to blockchain or crypto currency . even though I have a hard time thinking currency is good. Its blockchain ledger that counts.
full member
Activity: 294
Merit: 103
Probably 95% or even 99% of current alts wont exist or will be abandoned in 10 years,most of them are scams made for people to get some easy money.Those who stay active will be in some other shape then we know it now as tech is going forward all the time
jr. member
Activity: 439
Merit: 1
I think 10 years from now I'll be retired from working. Living off crypto income. That's just my idea. 10 years is enough for exponential growth. Took 10 years to become a millionaire maybe less with 333 bitcoins. That's only a 1000$ invested. I got like 6 coins with 1000 each invested. I think my chances is very high. While I'm adding more coins like dent, Electra, universal, nuls . its do or die time.
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