Topic: No new millionaires come from stock market in 2020/2021 (Read 636 times)

Without a doubt this tax is going to affect the small investor a lot more than the big investor, after all institutional investors can basically buy whatever stock they want and keep holding forever, also maybe the tax they want to charge will be so high that this will change another behavior, a great deal of executives of big companies prefer to not receive their payments in fiat and instead they receive it in stocks in order to minimize their taxes but this could change with this new law.

Well.. there was this statistic that I read in one of the mainstream media portals. Stock market capitalization increased by $15 trillion in the last 12 months. Stocks listed in the New York Stock Exchange (NYSE) alone increased by $9 trillion in valuation. And then we have a few idiots who claim that no new millionaires have come from the stick market. How many billionaires and millionaires would have come from this $15 trillion? For heaven's sake this amount represents 5% of the global wealth. It is simply huge.

The stock market is a totally different market, besides that important movements always occur every 8 or 10 years, it is the way that it moves the most, now well compared to the Crypto or BTC market, it is very different, in fact there is no correlation Some, neither in the short nor in the long term, the fact that there are no new millionaires is because at the moment globally the covid-19 is still on the rise, and this is a fundamental that it has had since 2020, and somehow causes panic to investors.

It is known that the great fundamentals cause panic and massive sales in the financial markets, for now it has remained in a tenuous calm but at any moment a good movement can occur, this market is unpredictable at times, it does not have volatility like BTC but it can give surprises.

That's an impossible thing to claim, a lot of money is circulating in the stock market and there is no such thing as no new millionaires in there because they produce them everyday, we just don't know it yet. Also OP, if you are trying to make crypto market look good by saying there's no new millionaire in stock market, I think that you have failed miserably.

As an investor they can't make money if they never sell their invested asset, but it will give value to their net worth but not being useful in real. So the pain of investors and traders are real due to the tax increase and they are going to get more affected than existing billionaires.

What politicians do not seem to understand is that if a law is ridiculous, and this one is ridiculous as they want to take so much of the gains from the people that invested in the stock market when they took all the risk, then people are going to adjust their behavior accordingly, this means that trading will suffer a setback but long term holding will flourish and everyone will look for good assets to invest and never sell.

ROFL. Had to agree with every single word posted by jaysabi, because the OP put up such an idiotic claim. A few weeks back, Coinbase was listed in NASDAQ. That created around $60 billion in new wealth and many of the promoters instantly became billionaires. Brian Armstrong (the CEO of Coinbase) sold stocks worth $292 million during the initial hours of listing. And remember that Coinbase was one of the hundreds of IPOs to get listed in NASDAQ so far this year. I agree with you. SaiyanSS3 is indeed a clown.

Jfc, all of the responses in this post are demonstrably wrong. 'No millionaires in the stock market' is such an obviously dumb and self-defeating statement it doesn't even require proof, just to point out how wrong it is because you have to be an idiot to believe otherwise. 'Tesla and Amazon don't make anyone money except the founders' is the same type of obviously self-defeating statement.  It's obvious you don't know anything about the stock market and just want to circle jerk to crypto, so good luck being taken seriously.  'Wah wah, everything is rigged except crypto.'  You're a clown.

Increase on the tax rates is the reason why people are not getting any real benefit since the government takes half of their earnings as capital gains taxes in developed countries. I just read the new proposal ta from Joe Biden to increase the tax rate, if it will becomes a law then all the investors who are having gains over million dollars need to pay upto 40% as long term capital gain tax.

I agree, I have same opinion about that. There are some millionaires that didn’t want to know them in public due to regulation. Justin Sun already purchased other cryptocurrency beside than his creation. I think they still want to stick to stock market rather than crypto market due to its volatile. It’s understandable due to some countries didn’t allow crypto and other are being partnership already to altcoins that they can merge with there existing companies. 

What happens is that compared to the stock market the market of cryptocurrencies is way smaller and as such it has more potential to grow even further, however that does not mean there are not good opportunities in the stock market too, there are stocks that are called penny stocks that are incredibly volatile and that present similar characteristics to the ones we see in new coins, many of those companies fail but there are a few that eventually become successful and experiment tremendous growth.

I've caught the point you want to say, because the stock market in a pandemic situation is affected like other assets as well. But Bitcoin since
the halving in 2020 has continued to rise in price, only when the pandemic outbreak was affected. After it started to recover slowly, and finally
peaked in 2021, Bitcoin surprisingly managed to hit the ATH price of $65k. This proves that Bitcoin is not affected by the pandemic that occurred,
because in a pandemic situation the prices of all assets fell except Bitcoin. So it's very natural that there are no new millionaires from the stock
market since the pandemic situation, but in 2021 it is very likely that many millionaires will emerge from investing in Bitcoin.

For the last few years, the governments around the world have indulged in various big spending plans and this has in general resulted in more money at the hands of people. Now this surplus cash is being used to pump the stock market. If you look at how the P/E ratios have changed over the last decade or so, then you will get to know this. And the impact is not just visible in the stock market, but also in other sectors such as real estate. And the stimulus measures announced against COVID 19 will further exacerbate this issue.

There has been a ton of millionaires during this GME stuff, I heard that they are getting into NFT stuff of the crypto world as well and I am sure they will make a ton of money from that as well.

Gamestop thing that wallstreetbets on reddit started was something that made a ton of people richer, the price per stock should have been under 3 dollars for the shorting to work, it didn't really work for the wealthy people for the first time ever, we used to protest these super wealthy people with signs and so forth, instead of that all we had to do was just buy their stocks that they shorted and we could make them poorer that way and they would basically be doing worse that way, who cares what happens to them right? Well they would eventually listen to us and check themselves because if they keep it up, people could keep buying stuff they short and eventually they would not be able to short anything at all.

It really shows through how little you know about stocks yet claim to be an expert - GAMESTOP and AMC have made many people much richer this year. One Goldman sachs banker made millions from owning GAMESTOP shares and selling at the right time. I wonder how many people have lost millions since that price of Bitcoin has cut in half. It's laughable that you classify "regulated" with "unable to make a profit", it is the very thing that makes investment banks billions a year in profits - taking from naive investors without a plan. The long term thinker can easily make great returns when they understand how the market will be changed in 3 months, not how much they can make in 3 minutes. Every day there is opportunity in the market and a new company could be forming into the next Microsoft, Tesla, Ebay, Telegram or any number of fields. They will make some people money, but not you.

I think that the covid situation has made a lot harder for poeple and investors to make any financial decisons without thinking twice before doing it, and the stock market is a risky busniess so it is no wonder that you wouldn't see any crazy amounts of moeny being dumped into it, and i feel like these past 2 years have opned the eyes of the investors into the digital and crypto market more and seeing how much potential and how profitable it is and i am sure that we will see more of the stock investors slowly migrate into this market .

in trading I think $ 1k if it increases in an instant to $ 2k, it is already a good achievement. when compared to forex trading for the parent account, they only make a small profit in a year, the important thing is that what is generated is greater than the bank's interest rate. therefore many novice traders with small capital but want to get results like pro traders which means they are greedy, and in the end we can guess, they will actually lose their capital

I would think twice before saying that cryptocurrency market is safer when compared to the stock market. This year was an exceptionally rewarding one for cryptocurrency investors. But that doesn't mean that things will remain the same in the near future. The potential returns are much higher in the cryptocurrency market. You won't get 100x or 200x returns in 12 months, if you invest in any stock (you need to be a venture capitalist, to have that possibility). That is possible, however with cryptocurrency. But at the same time, the chance that your investment may go down by 95% in a few months is also greater with the cryptos (it actually happened, in 2018).

But it takes a lot of money and a pretty crazy luck for a simple guy that trades with only a thousand dollars to be a millionaire, most of the people who becomes a millionaire in the stock markets are start ups that are being funded by venture capitalists that only grows in funding as long as they are growing.

Stock market in general did went up a lot this year, but also remember how low it got as well. I do agree that if you invested smart then you made a great deal of profit, look at just amazon and how awesome it is doing, that is a smart business because when people are in lockdown they order stuff from amazon instead of going out to buy them, simple as that. However what if you were invested in an airline business? I mean they were all grounded and couldn't fly and that is the proof that you would lose a ton of money.

Stock market and crypto market is different, in stock market you have great stocks and horrible stocks, in crypto unless you buy some shitcoin, the top 50 or even top 100 all go up together and go down together, rarely you see anything that acts all of its own the other way around, so if you are invested in crypto, you could potentially feel safer.

There can still be millionaires in the current stock market. It all comes down to if we are willing to take the risks or not. You are right that the unregulated stock market usually had higher returns, but we have a lot of new financial instruments in today's world. You can get deep outside of the money stock options for a few cents and if you get lucky that the stock moves heavily then options will become very valuable. Making a few hundred percent profit in options is possible.

Sure I've heard about Ethereum. When you have told Ethereum I remembered that Vitalik Buterin has a profile here. He is probably on of the most famous millionaires from Bitcointalk forum. I remember people pointed on other project devs, that were (and some visit bitcointalk forum from time to time) active on the forum.

I see people write that they use signals on the forum to multiply investments. They probably can be counted rich or close to being rich or even millionaires.

It doesn't matter whether stocks will generate more millionaires or it's the cryptocurrencies. But no bias, I'm more with cryptocurrencies and I'm more confident with its volatility rather than the 2%-5% of a week-month move of the stocks.

I've seen stocks experts are also have merged their expertise in cryptocurrencies and they're already trading it too. Well, a consolidation of their skills through stocks have been used to the crypto market and that's an advantage that they've got which they can apply through crypto.

im not sure about it. i think, regulated one never make single person discouraged. you know if people will kill system if that thing burden them.


im sure of there are many people good at trading give advice to their close friend, than their friend become rich. and maybe people that replay your comment have that experience and want to refute it

I've read the OP's replies and some of the OP's previous posts. It seems to me, that it's pointless to argue with this person because they're under some kind of impression that China will take over the world and that soon there will be an end to the US stock market

Interesting, if so..why are there 248 Chinese companies registered with NASDAQ and two other US biggest exchanges, with a total market cap of $2.1 trillion?

https://www.uscc.gov/research/chinese-companies-listed-major-us-stock-exchanges

https://www.uscc.gov/sites/default/files/2021-05/Chinese_Companies_on_US_Stock_Exchanges_5-2021.pdf

There are too many examples of this but probably the most obvious has to be ethereum, I suppose you have heard of it right? The ethereum project was released on this forum and the same is true for many other coins that still exist to this day and that made a fortune to their developers, that success is what eventually caused the ico craze of 2017 which made a lot of people millionaires as well, however this is getting more uncommon as many coins get released directly in exchanges and do not bother with the forum anymore.

Perhaps you've tried stocks and I assume it didn't go the way you planned and perceived it.

What you stated is merely an opinion since you didn't put enough pieces of evidence such as your source on where you got the information you have provided us. The stock market is doing good at the moment. If you're going to search the internet, the market flow isn't as bad as the previous year due to pandemic. You just have to have enough knowledge and skills in order to be successful on stock market industry. It isn't a place for a faint-hearted person that is easily rattled by the sudden decline or crash.

Stock market possesses risks like any other investment vehicle. You should learn how to limit yourself, depending on your risk appetite. Otherwise, you'll just end up losing and regretting the decisions you have made. Investing in stocks, trading, buying, and selling, are the few stepping stones why there are many millionaires and billionaires enjoying their money right now. Educate yourself first before diving into any investment platform, so you won't be pitiful at the end of the day.

- Airdrop and bounty is just a kind of collecting a little capital and heading to the main place is the crypto investment market, this is where a lot of people can get rich with the probability of winning their investment, especially my personal feeling is that relatively many members have become new millionaires in 2020 and 2021. The stock market is related to the economic situation, 2020 and 2021 are sensitive and thriving times of Corona, it is unlikely that new millionaires can easily be born here

Yes. OP has posted completely wrong information. For example, TSLA has given 700% returns ever since March 2020. Many of the smaller tech stocks have given anywhere from 5x to 10x returns. The NASDAQ market capitalization increased by more than 100% during the same period, resulting in an increase in wealth to the tune of $1.4 trillion for those who were holding the various stocks. While it is good to promote Bitcoin, it is not necessary to badmouth other sectors, especially if backed up with fake information and propaganda. 

Although I cannot provide evidence that anyone in this forum has become a millionaire because of the help of this forum. However, I am sure that
some people have become millionaire after getting information from this forum about cryptocurrency. But not from bounties or airdrops, whose pay is
very low. The possibility of people becoming millionaires in the crypto world, usually from trading and investing. What is certain is that if trading relying
on signals from other people will not be a millionaire, become a millionaire from crypto trading can be achieved if trading using our own analytical skills.

In my opinion, the above view is wrong because the stock market has witnessed a rapid increase in value in technology stocks during the pandemic such as TESLA, ZOOM, APPLE, GOOGLE and the face mask sector. So there will be people who already own them and get rich from the above stocks.

Is there a single person on the forum who became a millionaire? I know this is anonymous. But maybe there is someone who got really rich with the help of the forum? I'm not speaking about becoming a millionaire from bounties and airdrops ( becoming rich from participating in bounties also sounds interesting), but speaking mostly about traders and project developers. Is there someone who came up with an idea, made a project, created an ANN here and supported it, and became a millionaire one day? Or someone who is good at trading, following other peoples advices, thoughts, hints, suggestions and became a millionaire?

The purpose of advertisements once was to make a difference by leaving a mark on the mind of average customers, now these advertisements have become a way to spread fakeness coated with truth and that is the reason for which, noobs are always going to be noobs no matter how experienced they become, because they are only being used to these rich guys' advantage. Corona is also one reason why there are no new millionaires being born in stock markets, but the story was not the same in regards to crypto.

Abit off topic and Im not sure if you know this but Instead of just manually copy pasting all those post, you can click the quote button on each post

Here is an example of @Zilon's post above mine which I will quote


You can erase the other part which you dont need

---

And now lets get back to the main topic


There are few people that probably invested in Amazon before it hits $100 back in 2009 or something and unlike crypto, those guys are probably overshadowed by all the 'big guys' that invested bigger amount. Back in the days, there werent many of those 'big guys' that invested in crypto ( probably winklevoss twins ) so yeah alot more of the average joe that invested in crypto back in the days are now millionaires

@ OP you made a few point here but depending on your capital, building millionaires from stock isn't much a deal since stocks appreciate over time. A couple of millionaires emerges last year mostly from those who invested with funds. Stating 2020 wasn't able to produce a millionaire from stock abd 2021 haven't produced any yet I'm yet to believe this statistics and hoping where you likely got your source from

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>Stock market is a different gamble compared to crypto market. One can be a millionaire within just a few months through great timing and proper holding in crypto
that’s exactly happening, dogecoin are making a few millionaires which is indisputable, none can be said with stock market

>while in the stock market, their fortune would rely on many people first before the stock rises. Considering the occurence of the pandemic, the stock market went down real hard ever since and many people took the opportunity to buy stocks while it is still low. If ever things get better for the world in the next few months or years, those who handled their stocks well can be millionaire easily in just a matter of short span of time.
if there is one entity who get rich from stock market, I’d said it’s the central bank who buy up every out of money stock market from the open market, individual investor, they couldn’t buy anything with the stimulus check given to them which is just too little to make any sense. Central bank buying up the stock market do not make any new millionaire in the process, because central bank is not a living creature, they are a company.

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>do not know what could have made the OP think that something like this is remotely possible, yes this market is getting more popular by the day and that is great thing but that does not mean the stock market is not going to keep helping people make money,
is it not too obvious to tell many companies going out of business recently? They’re not making millions but they’re going broke, going to zero, going to make a lot of poor people since many people loss their jobs.

>in fact one of the reasons this bull market went so high and lasted for so long has to do with institutional investors which come from the stock market, so it is obvious both markets are reinforcing each other and I think this is going to continue for a long time.
they are moving out from stock market because they have given up on making profit, isn’t it very obvious??

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>In a season like this, I would assume that there would be some new millionaires made from this. There has been a good amount of stocks that made a good amount of profit during this period,
I’m still waiting for new millionaires created and their inspiring story of how they made it from zero to hero during this pandemic, I hope it is not just a make up joke to mock clueless investor.

>tesla and amazon comes to mind as the most big earners but I am sure there has to be some big pharma companies that made a lot of money as well.
who is the millionaire that come from investing in Tesla and amazon? I think they’re only making billionaire richer, which is a rigged outcome, rigging to make the billionaires richer but not creating new millionaires in the foul play, isn’t it obvious?

>This is why I think it is going to be really cool to see who made how much but we are talking about few hundred thousand dollars turning into over a million dollars thanks to stock increases in most of the big names.
there is none of them, nobody is talking about the recent bull run.

>Surely there has been a ton of companies like airlines for example that didn't made any profit at all and that is why I do not think that it would make a difference, some lost some money and some earned some money and there were few that lost almost everything and some lost everything they owned.
too many businesses are going broke, it clearly doesn’t create any new millionaires, making billionaire richer in a rigged manner, is not how a new millionaire is created, new millionaire don’t come from rigged market.

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>Other than that, it's hard to be a new millionaire since the price doesn't went up that drastically now.
>Unlike before, when bitcoin is like... really low then suddenly went as high as it can, and many people forgetting about their coins too, which made them become millionaire without even realizing, or without any effort.
this is exactly how new millionaires are created, without rigging the market. You can’t said the same for stock market, which is obviously rigged, rigged to make no new millionaires in the process.

>But now, things change. I guess when the price skyrocketed back in january through march, it might be possible that new millionaire might appear, since the price was really crazy. However, it will be less likely than few years ago.
there is new millionaires made from dogecoin, I believe some from nft too.

But we can't take away cheating in human society, this is unfortunate that no matter how the institutions are built around us , we can still find others cheating. It is endemic and very few rich guys have made it without taking from the poor especially in a capitalist economy system.

I agree with Obito. From the data available in India, I can see dozens of new billionaires in the mentioned duration. Bitcoiners have a tendency to post fake news (mostly for the purpose of using them as clickbait). But don't forget that this constant propagation of fake news will certainly tarnish the reputation of cryptocurrency. And this is the last thing we need right now, when the markets are down by as much as 50% from the ATH levels. I am a big supporter of the freedom of speech, but fake news doesn't come under that category.

OP doesn't know what he's talking about. The stock market, unlike bitcoin, is near all time highs. It has created lots of new millionaires during this run that started in April 2020.  To try and say that the stock market has risen this far this fast and NOT created new millionaires is obviously a self-defeating statement.

Everything is crashing even the unregulated market. There are never going to be millionaires in any market in the US because it's now moving on to the east. The new SilkRoad was created in 2013. Investors are investing in companies in China so if you follow the steps of these investors going for Tencent and the likes, you could be a millionaire too.

It is in the stock market, very different from crypto market. If you think the stock market will be more difficult for you, just spend your time in crypto market. Crypto market is decentralized, not regulated by any institution. I also never joined the stock market because I think the system there is too complicated. That's why I am here, in crypto market. 

Are you sure?
Or they are moving to crypto market, now.
I think those people won't stop investing, they probably move to another investment.

Are you really sure when you say this? Or are you just guessing? Because I have seen a couple of new millionaires cropping up from the stock markets in my country atleast. Moreover stock market millionaires don't invest directly from their accounts they generally setup institutions for it which I am sure never go into losses. Also talking about regulation, I feel there is hardly any regulation when it comes to institutional investors, most of the regulations just work on the retail ones.

Please stop trying to show the billionaires as heros and great business people, they are the leech of our community that takes more than they give and that is why they are that rich. Did you followed up on the Union talks of Amazon workers and what happened to them? There were even threats of firing the union workers which is 100% illegal but that is why they said it in a cheeky manner to deny it, amazon workers work so much that they have to go to bathroom meanwhile working and amazon thinks they should not but then put insane working conditions so they would have to be punished if they go to a bathroom break so what should the workers do?

At the end of the day this dude managed to even get tax payers pay for his workers, how? Well, he pays them so little that people who work for him apply for food stamps and help from government and tax payers pay those workers the extra money they need to survive. Basically Jeff Bezos is not rich because he is taking 81k per year, he is rich because he abuses peoples desperation.

The thing is that as the price of bitcoin keeps increasing it is getting more and more difficult for people to get the same profits not only because bitcoin is not growing as much as it did back then but also because now they can only buy very small portions of a bitcoin, even if you did not entered the market as soon as it was created there was a time in which you could have bought a bitcoin for just a couple hundred dollars and now that amount buys you only a small portion of bitcoin making your path harder than before.

the richest people in the world the majority of their assets are from company stock, of course not all of them are in the form of money and dominated by securities or property

Is nice that you mentioned Amazon here. You seem already to know Amazon stocks is valuable and as you know in 2020 that Bezos was made millionaire when the stock of Amazon jumped at a time when bitcoin adoption was just growing

Like the story here




The record can repeat

For the years you mentioning, I don't see any reason people won't be made rich from hodling stocks of institutions now that many of such institutions are buying into bitcoin directly and that would attract stock investors who are scared to invest in bitcoin to now invest in stocks of those institutions

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>ye few years back I just found out that passive income is kind of bs in stock market if your investment is small,

>what makes me pissed off though when some people keep shouting as if investing in stock is the only way we can get rich, the truth though we just becomes a food for the whales.
these are the people who are broker mesmerising investors that spam all over the internet to cultivate a mindset of investing for retirement, although non of us have much suspicious since their acting are top of the line. If we think carefully, they’re the one who work for and have a lot of free time while most of the other professionals have their hand full of workload, who else would waste their time to advertise investment except brokers themselves??

>BUT, i don't think stock market gonna stop making new millionaire in the future if what you trying to find is some highly speculative stock or a pump and dump stock the market isn't deficit from any of those,
not gonna change my mind


>just if you want to find a highly potential company it's like finding needle in a haystack, so many
overhyped company that gets big chunk of investment (remember that one overhyped coworking provider company?) and I think thats also why fewer new millionaires produced from stock investment.
there is many whom is from hero to zero that I can tell you.

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>This is only a personal opinion as he doesn't even include the source to support his claim, I don't think that millionaires are now all in cryptocurrency,
no source, there isn’t one millionaire, so there isn’t any source.

>there are still so many millionaires who are still investing in stock, not just because we believe in bitcoin and we know the potential of bitcoin, investors would leave stock,
millionaire in the stock, from hero to zero, countless of them.

>there is still a huge opportunity in stock but still the better place with cryptocurrency. This is what cryptocurrency is, bitcoin and altcoins are created for a good investment and that is why a lot of people now are investing in it.
regulation on crypto would reverse the gain. Because the regulation is all about reversing the once unregulated, manipulating to fixing the winner and loser, predetermine a set of rules that stop anyone from instant riches.

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>Everyone has their own personal opinions like this one, and we have to respect it.
whatever I would appreciated open minded discussion.

>For me, I envisioned that most of the investors who are into stock trading may consider switching to crypto in a few years from now.
the next few years would have a brand new unregulated market just like from stock market to forex to commodity to crypto, I don’t think smart money will go to crypto which is very huge right now.

>There are still some who can make millions in stocks, but it will be fewer than before.
this is pure bs

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>Don't compare stock to crypto, in crypto it is very easy for someone to be a millionaire within few days if you invest in the right project at the right time,
there might be a few millionaires in crypto, but none on stock market.
>but in stock such achievement can never happen because as we all already know stock is highly regarded and unnecessary pump don't usually occur.
stock market does made millionaire once it’s unregulated, but everything is in the reversal after the regulation kicked in, I’m suspecting regulation is the final nail to reverse the once Wild West market. Btw I can’t tell you much more., it’s purely my own speculation.

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>We can safely say that the gold rush is over and the stock market is slowly becoming more like a day job or something you do to earn more money, rather than a main form of income that will help you rack in millions upon millions of dollars.
it does change from “a day job that you can make some money” to “despair and hopeless”, make me wanna puke.

> But despite this, the potential to earn in this environment and industry is still promising, so to quit on stock just because you can't get a million just trading isn't really logical.
you don’t quit because it’s your comfort zone? Is it very comfortable and still worth to be sticking with them?

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>What they don't realize is that crypto appears to be created to correct what is wrong in the stock market.
i don’t think crypto change the stock market, crypto is a continuation of the investment revolution, we go through few stage from stock market, to forex, to commodity to crypto, just to recall if you have short memory.

>Look at the Hertz Car Rental company which filed a bankruptcy lately but the stock market of it was dumped by its owner leaving the investors buying a lot of it because they think what they got is a discounted investment. Little did they know it was already bankrupt.
there is a data showing only 4% of all total listed company make some money or they grow bigger, the rest of them are going out. 4% is a amazing number!

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>You are either clueless yourself about the stock markets or trying to make a silly point. There are quite a few stocks that have actually raised in price faster and higher than bitcoin in the last year.
yup there is, few of them especially the one that pump by the billionaires. However no millionaires was made from that pump because “they took our millions” applicable to the weak holders who sold at the low price.

>However people keep thinking that the stock market cannot give surprises and moves slowly. That is absolutely wrong. Share such as Gamestop, Rebubble, Endor AG could have made you a millionaire if you know when to buy an particualrly if you know how to buy or sell leveraged or by using options or warrants to reach higher multiple power.
it does strengthen my point, no millionaires are made from stock market, because to time the market perfectly as to make a million from Gamestop, Rebubble, Endor A, practically impossible for a normal human being, it’s an inevitable.

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>Generally the global situation does not affect the stock market quickly Your idea is wrong and the market makes more money by investing
may be you’re wrong but not me?

>new millionaires from the stock market however this situation has created new investment opportunities. I think this is the right time to invest in the market this is because some stocks do not exist and the macroeconomic issues are already reflected and prices have fallen even lower. Those stocks are a good opportunity to invest in the market now if one chooses to invest.
not again, good luck on losing money

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>You don't even have a data to back up your claim that there was no newly minted millionaire from the stock market
yup no data, just a baseless assumption, but it’s happening. I know a lot of businesses going bust in the crises, I’m ready to listen to you and tell me the millionaires that survive that crises.

>so I don't think that there is no such thing as no new millionaire, remember that there was the Gamestop fiasco and if you made the right investment at that time there, you could've been a millionaire.
btw Gamestop create a lot of losers, one fund is losing few billions to... no one know who the money goes to? My guess is those money goes to the brokers?? So the broker become millionaire?

But, what on earth would make you think that you’re going to becoming a millionaire by investing just $300 in the stocks market? How is that even going to be possible? If anyone is going to be telling you that, then you shouldn’t believe them because it’s all lies and it’s near impossible to work.

The profit that comes from stock market is really small and for you to make something reasonable from it you will have to also invest a reasonable amount and that’s what makes your profit to be bigger. But I don’t believe that there haven’t been millionaires from the stock market, it’s not everyone that makes noise about their earnings, and you don’t even have any proof about what you have said.

To those who already understand how stocks works, this kind of opportunities should never missed out.

There are different overviews with different types of traders, you can't generalized what's inside those people who works inside stock market
as even the market is falling there some who can managed to bring out something decent,
Patterns and strategy always relied with how traders works and most of the time they manage to work it out in the right timing.

Here's a link that is going to refute your claim which is pretty stupid to be claimed since you have no data to back up the claim. Also, how are you so sure that stocks can't make millionaires when a lot of investment companies are making their billions out of it.

Other than that, it's hard to be a new millionaire since the price doesn't went up that drastically now. Unlike before, when bitcoin is like... really low then suddenly went as high as it can, and many people forgetting about their coins too, which made them become millionaire without even realizing, or without any effort. But now, things change. I guess when the price skyrocketed back in january through march, it might be possible that new millionaire might appear, since the price was really crazy. However, it will be less likely than few years ago.

In a season like this, I would assume that there would be some new millionaires made from this. There has been a good amount of stocks that made a good amount of profit during this period, tesla and amazon comes to mind as the most big earners but I am sure there has to be some big pharma companies that made a lot of money as well.

This is why I think it is going to be really cool to see who made how much but we are talking about few hundred thousand dollars turning into over a million dollars thanks to stock increases in most of the big names. Surely there has been a ton of companies like airlines for example that didn't made any profit at all and that is why I do not think that it would make a difference, some lost some money and some earned some money and there were few that lost almost everything and some lost everything they owned.

I do not know what could have made the OP think that something like this is remotely possible, yes this market is getting more popular by the day and that is great thing but that does not mean the stock market is not going to keep helping people make money, in fact one of the reasons this bull market went so high and lasted for so long has to do with institutional investors which come from the stock market, so it is obvious both markets are reinforcing each other and I think this is going to continue for a long time.

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>I believe it has been like that for a while, there hasn't been any new super rich people because they bought some stock and that has been true since the 2008 crash, before that there were few here and there but there are none now.
the new narrative of calling everything is rigged is without a doubt. It rigged in this way to make stock market in this way, no millionaires could ever come from stock market is also part of the rigging, making the billionaire even richer is also part of the rigging, crypto is also part of the rigging. The rigging is obviously here, it would continued to rig the market for the coming next 100 years and more.

>You are not going to suddenly become super rich, sure if you have 500k dollars in stocks then in a few years you could have a million dollars that's true, but nobody in the world would get in with 10k dollars and have a million dollars in a year, that was never possible for the past decade and will not be in the future ever again neither.

dont you realise it is all rigged in this way to give you no hope of getting rich in stock market? Millionaire is not created in a rigged market. Millionaires come from an unregulated market, it’s always in this way, regulation is the billionaires best ever weapon to protect their wealth!

>That is where crypto comes in, if you put in 10k dollars into crypto you can turn that into a million dollars if you are lucky, sure it requires you to make one super trade and earn like x10+ and more first, then make a few other investments and hope that one of them would hit once again as well, tough chance but still possible.
billionaire definitely hate crypto that create new millionaires as they dislike their wealth being challenged by new disruptive force, they would never let crypto outgrow their influence!
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>This does not necessarily mean that there won't be in the coming years. Those that are into it already know about it and I think they are dealing well with it. Every investment as what it comes with and what it entails
I’m outta here, good luck and still having faith on stock market and your millionaire dream come true!

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>The ones who made money on stock markets before this recent surge are the ones who will make money in the future. It's literally hard to make millions on stock market today if you are only starting, even if you already have the capital and the experience to back you up, though it is still possible with an insane amount of luck.
it’s full of bs, I’d hate to refute bs like this! Skip to next!

>Most millionaires produced in recent years are from cryptocurrencies, and if that doesn't make people think twice about investing in heavily-advertised "blue-chip stocks" and other premium options, I don't know what will.
crypto is very risky and volatile, which do not in parallel with those billionaire narratives and mindset, they generally want something very secure and stable return, and they often get used to fixed income, these are those people who would never get the appeal of crypto and they even hate new millionaires are being created in a way that they are least expected, they hate being not able to create new millionaires having the same mindset and talk the same narratives like what they taught them! Fascinating!

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>guarantee you there are hundreds or even thousands and thousands of new millionaires around the world. Millionaires are made in volatile markets because they use leverage and go long or short. If the stock market was only one thing in the last two years (20/21), it was full of volatility. The crash when the pandemic began and the recovery. So many new millionaires for sure!
you talk about leverages? I had bad news for you, a lot of sacrifices are made to produce a handful of millionaire, however it does produce millionaires no doubt, but why?

Stock market is a different gamble compared to crypto market. One can be a millionaire within just a few months through great timing and proper holding in crypto while in the stock market, their fortune would rely on many people first before the stock rises. Considering the occurence of the pandemic, the stock market went down real hard ever since and many people took the opportunity to buy stocks while it is still low. If ever things get better for the world in the next few months or years, those who handled their stocks well can be millionaire easily in just a matter of short span of time.

Don't compare stock to crypto, in crypto it is very easy for someone to be a millionaire within few days if you invest in the right project at the right time, but in stock such achievement can never happen because as we all already know stock is highly regarded and unnecessary pump don't usually occur.

Everyone has their own personal opinions like this one, and we have to respect it. For me, I envisioned that most of the investors who are into stock trading may consider switching to crypto in a few years from now. There are still some who can make millions in stocks, but it will be fewer than before.

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>Stock market was always regulated. Contrary to your ideas I do believe that we might see more people gaining a lot of profits from the stocks this year because due to pandemic the stock price fell down drastically in the first half and people did buy a lot.
you sound naive and young to me! Stock market regulated??? Do you ever heard of Bernie Madoff ponzi? It’s unregulated ponzi! Do you heard of forex?? It was unregulated? Do you heard of metal commodity?? It’s totally unregulated! But all of them create new millionaires which raise the eye brow of billionaire and those control freak! Even the bitcoin is a solid proof unregulated market does exists long before stock market! But whatever you choose to believe! I don’t want to waste my time

>I had a lot of friends who actually gained a lot not just from cryptocurrencies but also from stocks.
yeah blah, lot of bs

>I think it's all about patience and strategy. At the end of the day even stocks are showing Volatility which presents an amazing opportunity for the people to invest there and earn later. But they won't be able to see those benefits soon, it will take years for these stocks to mature. It's the same with cryptos "if you don't sell you don't loose anything"
But for the time being becoming millionaires and billionaires takes time so we might have to wait a lot more to see the process.
of course!! Time is money!! Listen guy!

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>Just don't disclose with possibilities since maybe for now you cannot see a new millionaires in stocks due to regulation and pandemic
it would be the norm.
>but I'm confident that if the market stabilize and the economy will be back on shape for sure there are happy stock traders will earn richest from it again.
your confidence is full of bs


>>
>You are speculating without a reference basis. give us credible data.
you are eager to refute anything when it come to stock market, I had no idea what’s your intention. You might be associate with stock market I assume?

>we don't need the easy speculation that everyone says. You don't need to be wordy, if the data is more than that. all developments in the world of stocks have their respective developmental statistical calculations. like we cryptoners. so give us some data !!!!
data!! Data!! Data!! Yup we should create a data coin shortly!! Because it’s demand to show them data!

>>
>Not everyone is interested in crypto market and moreover stock market is regulated with lot of registered companies and millions of shareholders so you can't speculate that millionaires could not be from that market.
no millionaire to date! Not even one.

>Many pharmaceutical companies CEO have joined the list this year with increased demand in vaccines to act as precautionary measure against virus.There are entrepreneurs who are building unicorn startup that values more than billion dollars making them millionaires.All the world's richest leader have majority stake in companies share not liquid cash
those are not blue chip, they’re nothing

>which is why stock market has its importance and we can't avoid it with highly volatile crypto market.But yes surely we are seeing rapidly increasing list of crypto millionaires also which is positive impact to our community and we need more growth and acceptance for Bitcoin and cryptos worldwide.
i had no doubt on crypto but I hate stock market generally.

This is only a personal opinion as he doesn't even include the source to support his claim, I don't think that millionaires are now all in cryptocurrency, there are still so many millionaires who are still investing in stock, not just because we believe in bitcoin and we know the potential of bitcoin, investors would leave stock, there is still a huge opportunity in stock but still the better place with cryptocurrency. This is what cryptocurrency is, bitcoin and altcoins are created for a good investment and that is why a lot of people now are investing in it.

ye few years back I just found out that passive income is kind of bs in stock market if your investment is small, what makes me pissed off though when some people keep shouting as if investing in stock is the only way we can get rich, the truth though we just becomes a food for the whales.

BUT, i don't think stock market gonna stop making new millionaire in the future if what you trying to find is some highly speculative stock or a pump and dump stock the market isn't deficit from any of those, just if you want to find a highly potential company it's like finding needle in a haystack, so many
overhyped company that gets big chunk of investment (remember that one overhyped coworking provider company?) and I think thats also why fewer new millionaires produced from stock investment.

You don't even have a data to back up your claim that there was no newly minted millionaire from the stock market so I don't think that there is no such thing as no new millionaire, remember that there was the Gamestop fiasco and if you made the right investment at that time there, you could've been a millionaire.

Generally the global situation does not affect the stock market quickly Your idea is wrong and the market makes more money by investing new millionaires from the stock market however this situation has created new investment opportunities. I think this is the right time to invest in the market this is because some stocks do not exist and the macroeconomic issues are already reflected and prices have fallen even lower. Those stocks are a good opportunity to invest in the market now if one chooses to invest.

You are either clueless yourself about the stock markets or trying to make a silly point. There are quite a few stocks that have actually raised in price faster and higher than bitcoin in the last year. However people keep thinking that the stock market cannot give surprises and moves slowly. That is absolutely wrong. Share such as Gamestop, Rebubble, Endor AG could have made you a millionaire if you know when to buy an particualrly if you know how to buy or sell leveraged or by using options or warrants to reach higher multiple power.

You only get millions of dollars from crypto if you put in good chunk of money into it or if you are one of the early adopter of bitcoins or some other high potential alts like eth ( or doge ). Alot of people get a great amount from this bull run but I doubt most people turn into a millionaires overnight from crypto unless you get a huge bag of coins which you bought super cheap


Same thing with crypto, ever heard of Devs dumping their coins right after the ICO? We had similar scams . Stocks are good but crypto is way better in many aspect and if Satoshi never created bitcoin in the first place, there wont be any other cryptocurrency possibly and most of us will still be stuck with stocks

What they don't realize is that crypto appears to be created to correct what is wrong in the stock market. Look at the Hertz Car Rental company which filed a bankruptcy lately but the stock market of it was dumped by its owner leaving the investors buying a lot of it because they think what they got is a discounted investment. Little did they know it was already bankrupt.

We can safely say that the gold rush is over and the stock market is slowly becoming more like a day job or something you do to earn more money, rather than a main form of income that will help you rack in millions upon millions of dollars. But despite this, the potential to earn in this environment and industry is still promising, so to quit on stock just because you can't get a million just trading isn't really logical.

I guarantee you there are hundreds or even thousands and thousands of new millionaires around the world. Millionaires are made in volatile markets because they use leverage and go long or short. If the stock market was only one thing in the last two years (20/21), it was full of volatility. The crash when the pandemic began and the recovery. So many new millionaires for sure!

The ones who made money on stock markets before this recent surge are the ones who will make money in the future. It's literally hard to make millions on stock market today if you are only starting, even if you already have the capital and the experience to back you up, though it is still possible with an insane amount of luck. Most millionaires produced in recent years are from cryptocurrencies, and if that doesn't make people think twice about investing in heavily-advertised "blue-chip stocks" and other premium options, I don't know what will.


We're talking about the newly-made millionaires, especially people trading stocks. CEOs have high chances of making it to their early millions compared to the retail investors and the average traders, especially if their company's goods and services are targeted towards a demographic that can spend loads of money.

This does not necessarily mean that there won't be in the coming years. Those that are into it already know about it and I think they are dealing well with it. Every investment as what it comes with and what it entails

I believe it has been like that for a while, there hasn't been any new super rich people because they bought some stock and that has been true since the 2008 crash, before that there were few here and there but there are none now.

You are not going to suddenly become super rich, sure if you have 500k dollars in stocks then in a few years you could have a million dollars that's true, but nobody in the world would get in with 10k dollars and have a million dollars in a year, that was never possible for the past decade and will not be in the future ever again neither. That is where crypto comes in, if you put in 10k dollars into crypto you can turn that into a million dollars if you are lucky, sure it requires you to make one super trade and earn like x10+ and more first, then make a few other investments and hope that one of them would hit once again as well, tough chance but still possible.

Not everyone is interested in crypto market and moreover stock market is regulated with lot of registered companies and millions of shareholders so you can't speculate that millionaires could not be from that market.Many pharmaceutical companies CEO have joined the list this year with increased demand in vaccines to act as precautionary measure against virus.There are entrepreneurs who are building unicorn startup that values more than billion dollars making them millionaires.All the world's richest leader have majority stake in companies share not liquid cash which is why stock market has its importance and we can't avoid it with highly volatile crypto market.But yes surely we are seeing rapidly increasing list of crypto millionaires also which is positive impact to our community and we need more growth and acceptance for Bitcoin and cryptos worldwide.

You are speculating without a reference basis. give us credible data. we don't need the easy speculation that everyone says. You don't need to be wordy, if the data is more than that. all developments in the world of stocks have their respective developmental statistical calculations. like we cryptoners. so give us some data !!!!

Just don't disclose with possibilities since maybe for now you cannot see a new millionaires in stocks due to regulation and pandemic but I'm confident that if the market stabilize and the economy will be back on shape for sure there are happy stock traders will earn richest from it again.

Stock market was always regulated. Contrary to your ideas I do believe that we might see more people gaining a lot of profits from the stocks this year because due to pandemic the stock price fell down drastically in the first half and people did buy a lot. I had a lot of friends who actually gained a lot not just from cryptocurrencies but also from stocks.

I think it's all about patience and strategy. At the end of the day even stocks are showing Volatility which presents an amazing opportunity for the people to invest there and earn later. But they won't be able to see those benefits soon, it will take years for these stocks to mature. It's the same with cryptos "if you don't sell you don't loose anything"

But for the time being becoming millionaires and billionaires takes time so we might have to wait a lot more to see the process.

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>Do you have a data to support your claim,
Data? No one talk about stock, no one talk about getting rich from this greatest bull market in the century. You can’t name one person in your mind who is influential in 2020/2021, not from stock market too.


>there are a lot of HFT companies popping up this year in stock market so I disagree that there are no new billionaires produced by the stock market.
You are very ambitious, new BILLIONAIRES you said, there isn’t anything that’s new in the billionaire ranking, all of them are the same hegemony kleptocracy capitalist, absolutely disgusting! Yup, no billionaires, it’s not even news worthy. A shameful display!

>The current state of things won't change for many years unless we do something really drastic is going to happen.
of course, the poor get poorer, and millionaires dream dimming into darkness, everything return to hopeless.


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>This is @op personal opinion, probably he tried to make something from stock and couldn't achieve the goal,
HA! I don’t want to get close to this absolutely satanist creation called stock market, why had one else come ahead and stand up against them except some crypto early?

>stock is highly regulated is why you can hardly see whales pulling shit stunts on poor investors like what Elon and his cabal of whales have done so far,
regulation is the one to be blamed for everything included vaccination

>unlike crypto where anyone or group or people can pump and dump the market, that can't happen in stock, maybe you need time in stock to get to that level you are aiming for.
in your dream to tell anyone to get into stock market.

This is @op personal opinion, probably he tried to make something from stock and couldn't achieve the goal, stock is highly regulated is why you can hardly see whales pulling shit stunts on poor investors like what Elon and his cabal of whales have done so far, unlike crypto where anyone or group or people can pump and dump the market, that can't happen in stock, maybe you need time in stock to get to that level you are aiming for.

Do you have a data to support your claim, there are a lot of HFT companies popping up this year in stock market so I disagree that there are no new billionaires produced by the stock market. The current state of things won't change for many years unless we do something really drastic is going to happen.

There won’t be any new millionaire born in stock market
It would be the norm for the 2022, 2023, 2024, ... to eternity
Because stock market is highly regulated
All the millionaires are made from the unregulated stock market is now all dead.

Those clueless billionaires think they can regulate all they want and they dislike gamblers who could do harm to stock market, they’re thinking they don’t need us to help making them the richest man, I think they’re so dumb they’re no coiner and actually is very poor.

Yes, fiat would be used to continue to probe up all blue chip, those are making the rich people richer but not create new millionaires in the foul play, without new millionaires born from stock market every now, the hype on getting rich from stock market would die,

Stop believing those ads telling you can generate passive income investing in Amazon blue chip for as little as $300, those are the ads to make the rich people even richer.