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Topic: Too late to be millionaire with Btc.Which coin in 2 years will make us 1 million - page 2. (Read 1957 times)

member
Activity: 204
Merit: 10
I truly think that Deep onion will be the coin that will make you a millionaire Wink The have a very strong developer and moderators/community. The project is really cool and privacy protection is getting more and more popular. You just have to check it out yourself to see how good this coin is. deeponion.org


So what is the difference between Deeponion and Verge? Both coins claim that the transactions cannot be traced since they go through the Tor Network.
And doesn't Spectre claim the same?
sr. member
Activity: 588
Merit: 253
I still think it is hope. ETH and ZEC holders will be happy someday.
sr. member
Activity: 476
Merit: 252
I truly think that Deep onion will be the coin that will make you a millionaire Wink The have a very strong developer and moderators/community. The project is really cool and privacy protection is getting more and more popular. You just have to check it out yourself to see how good this coin is. deeponion.org
full member
Activity: 361
Merit: 101
For the average person the million dollar train has left the station. A lot of money can still be made with Btc, but only if you are willing to invest an substantial amount.
Should the bitcoin rate reach $100k, you would need to invest about 60k today in order to turn it into a million should the bitcoin rate reach 100k.
The average person probably  does not have this kind of money to invest, so becoming a millionaire with Btc is out of the question.

So the question must be: Are there any other coins for the average guy (with around $500 to $1000 to invest) to become a millionaire within a two year time span?

I start here with the coin I consider a potential candidate:

VERGE (XVG) Right now the price is around $0.006 per coin, so an initial investment of $100 would turn into a million should the coin reach $60.



This is the most common newbie mistake, judging a coin with its price. Verge is 100M now. In order to make $100 investment $1M, it has to x10.000. Meaning that its market cap would be 1 Trillion dollar. Considering Bitcoin’s market cap is about 100 Billion dollar, it has to be 10 times bigger than Bitcoin today. Forget about the price of a coin, check its market cap.

I agree with you here. That is exactly the reason why I am a bit reluctant investing into Verge. Have you got some ideas for coins with a lower market cap?
Of course hoping to x10.000 the initial investment is taking it to the extreme, but some people gamble away $200 in a night at the roulette table and my idea was to take a similar amount and let it sit for 2 years.
That this is not sound investment tactics is clear to me, but why not take a small gamble and see what will happen?
Well $100-200 is not even gamble as you said. My point was the math behind your logic. When making assumptions, you better compare it with similar highest projects. A privacy coin with Monero, Banking project with Ripple, Platform with Eth(Stratis, NEM etc.)x10.000 is quite extreme, you need to find a coin in 20-100K Market Cap. However, those coins have almost no good exchange, no volume etc.
newbie
Activity: 17
Merit: 0
I frankly discourage you to invest your life savings into Verge. It is what one could call a shitcoin, because it has no purpose except making volume on the exchanges. Ethereum is for me the best candidate hands down.
full member
Activity: 224
Merit: 100

every day I am hearing about bubble, reading old articles and posts 10 years old - everywhere "bubble" yet this bubble didn't explode. Go say it to guy who bought monero for 50k last year, tell him "bubble" and watch him laughing at you

https://i.imgur.com/JhICbTJ.gif

see  you after the fork  with the price of bitcoin minus  of 50%


see you Smiley
in december with 10k per btc

yes  10k the  maximum  target  you can see  before  a  big dump  and  price stabilization.

Let's  suppose  even a   15'000$  price  for  each  bitcoin,  then  I would  say to  quit because  bitcoin can't have the same  Apple  market cap. Can you understand this simple thing?


member
Activity: 140
Merit: 10

every day I am hearing about bubble, reading old articles and posts 10 years old - everywhere "bubble" yet this bubble didn't explode. Go say it to guy who bought monero for 50k last year, tell him "bubble" and watch him laughing at you

https://i.imgur.com/JhICbTJ.gif

see  you after the fork  with the price of bitcoin minus  of 50%


see you Smiley
in december with 10k per btc
hero member
Activity: 720
Merit: 500
How can we say that it is too late to be millionaire with bitcoin we don’t know how much more up that bitcoin will go we cannot predict its price so maybe now if someone invests its money and after investing it goes upto 10k he has profit and real one so we are still not too late we just want some luck.
full member
Activity: 224
Merit: 100

every day I am hearing about bubble, reading old articles and posts 10 years old - everywhere "bubble" yet this bubble didn't explode. Go say it to guy who bought monero for 50k last year, tell him "bubble" and watch him laughing at you

https://i.imgur.com/JhICbTJ.gif

see  you after the fork  with the price of bitcoin minus  of 50%

sr. member
Activity: 1540
Merit: 282
tBTC - https://dapp.tbtc.network/
XVG is a good project but i do not too much my hope into it,
the reason why i said that ? because of the supply itself,
indeed the supply do not determine the future of that coin,but because of that many people will feel hesitate to get into it.
let say the price is pumping 5x from now on,what will happen ?
of course people will dump it hard while nobody buy it.
which mean it's very hard to get pumped so hard like other coin because of the supply itself.
at least for now we will not see it,until the distribution completely fair to every users.
full member
Activity: 136
Merit: 100
I vote for Lykke  Grin I believe is a very good coin with a very strong roadmap
member
Activity: 204
Merit: 10
Not too late investing in bitcoin, asset value is always increasing and maybe a few more years is very hard for us to buy btc, because the price is very high. If you want another option, I think you can invest in etherium and I sure etherium is the right choice for long-term investments.

it's too late  to buy  the  bubble at 7k



every day I am hearing about bubble, reading old articles and posts 10 years old - everywhere "bubble" yet this bubble didn't explode. Go say it to guy who bought monero for 50k last year, tell him "bubble" and watch him laughing at you

https://i.imgur.com/JhICbTJ.gif

You seem not to get the idea behind my post. Certainly it is still possible to make huge amounts of money with bitcoin, even if it rises only another 10%. But it is all relative! A person investing 10 million will instantly make a million, but a person who invests $1000 will only make a hundred dollars.
Nobody says that bitcoin has no potential left, but the higher the price rises, the bigger your initial investment must be to make more than just a few dollars.
Not everybody has 50k to invest, actually I would bet for one btc that most people on this earth don't have 50k just to invest into cryptos.
sr. member
Activity: 532
Merit: 250
Not too late, it depends on money you have now though. As for altcoins, 0x, bancor, oax, dovu, monetha, omisego, ethereum and firstblood can make you millionaire, but you have significant amount of money now as well.
member
Activity: 140
Merit: 10
Not too late investing in bitcoin, asset value is always increasing and maybe a few more years is very hard for us to buy btc, because the price is very high. If you want another option, I think you can invest in etherium and I sure etherium is the right choice for long-term investments.

it's too late  to buy  the  bubble at 7k



every day I am hearing about bubble, reading old articles and posts 10 years old - everywhere "bubble" yet this bubble didn't explode. Go say it to guy who bought monero for 50k last year, tell him "bubble" and watch him laughing at you

https://i.imgur.com/JhICbTJ.gif
full member
Activity: 224
Merit: 100
Not too late investing in bitcoin, asset value is always increasing and maybe a few more years is very hard for us to buy btc, because the price is very high. If you want another option, I think you can invest in etherium and I sure etherium is the right choice for long-term investments.

it's too late  to buy  the  bubble at 7k

full member
Activity: 378
Merit: 100
Not too late investing in bitcoin, asset value is always increasing and maybe a few more years is very hard for us to buy btc, because the price is very high. If you want another option, I think you can invest in etherium and I sure etherium is the right choice for long-term investments.
sr. member
Activity: 447
Merit: 250


+10000000000 XSPEC!!!!
watch him! Very promising!




Holy crap! This is surely got to be the most undervalued privacy coin in the crypto space at the moment. Thanks for sharing this!
full member
Activity: 140
Merit: 100
sr. member
Activity: 910
Merit: 255
Money makes money. Truth is, There is no such thing trusted or get rich quick in any business nowadays. However, we need to look for risk management and a good plan. Don't fall victim of these new hyped up ICO's without doing your own research. Just follow the mainstream, you will get success.

I agree. Money makes money, The more money you have, the more profit you get during your trades or the more money you will loose. There is no way to make millions by investing so small amounts. You must be extremely lucky for that.
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