Too late to be millionaire with Btc.Which coin in 2 years will make us 1 million - page 3.

RKh

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Quote from: myfranco on November 04, 2017, 10:08:24 AM

Quote from: Tekunda on November 04, 2017, 09:19:20 AM

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.

Invest in 8 million cap coin with AWESOME TECH that doesn't have marketing (few people know, so that makes you on of the first men to get in)

(XSPEC)

ajqjjj

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Quote from: Stavri on November 04, 2017, 09:31:18 AM

i will not say 500 1000 usd is nothing but it is very small amount of money for cryptoworld. It is not realist approach to expect becoming millionaire for such money in 1 2 years. I would focus on altcoins that are not so popular but has potential.

Cryptocurrency is one of the business in current scenario. Many peoples are thinking easily get more money in the forum. Millionaire or billionaire are create in this crypto world. But few peoples are achieve the goal. Many of the peoples are not aware in cryptocurrency. But some users and traders are invest cryptocurrency especially Bitcoin. Other altcoin also invest in current market. This altcoin is not have that much potential.

Tekunda

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Quote from: myfranco on November 04, 2017, 10:08:24 AM

Quote from: Tekunda on November 04, 2017, 09:19:20 AM

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?

ikecuit

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Lots of small gambles on prospective coins with new ideas might be best now.

myfranco

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Quote from: Tekunda on November 04, 2017, 09:19:20 AM

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.

trobin

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Quote from: Tekunda on November 04, 2017, 09:19:20 AM

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.

I agree with the sentiment, however there are still other ways to achieve your goal, instead of looking for a coin that will go 1000x in a year or two, look for a coin that could go 5x in a month, keep finding those coins and grow your money.

onefifth

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i think most of the masternode coins get their value and will carry their hodlers to moon

asriloni

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Quote from: Tekunda on November 04, 2017, 09:19:20 AM

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.

Is this thread just to advertise verge token?
I will try to put eidoo and crypterium as the candidate. But Just like what already did by omisego My friend buy a lot of the omisego token at the ico price and this time the price worth a lot. and my friend becomes a millionaire caused by omisego.

I've seen someone already made hundreds million dollars from ethereum. All of the coin should become the candidate but the result will be on the development itself.

barota

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yes . invest in bitcoin at this price late . but you can be millionaire with Btc by invest when price drop to 3000 usd for example
i think everythig is possible and bitcoin can fall 3000 usd or 2000
Segwit2x comming and price of bitcoin will fall hard According to analyzes experts traders

InvoKing

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Quote from: Exsumane on November 04, 2017, 09:31:28 AM

The Bitcoin Cash could be a good candidate as it has larger block size and lower fee.

Yeah, I agree that Bitcoin cash could have a possible potential in the future if it gets more users.
Personally, I think ethereum could make a good move.

burdeN

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Quote from: Exsumane on November 04, 2017, 09:31:28 AM

The Bitcoin Cash could be a good candidate as it has larger block size and lower fee.

Did you read what he asked? Coin that can make you a millionare with 500-1000$ investments. If you invest 1000$ in Bitcoin Cash right know you will have 1,5 coins. They won't worth even 2k in a year

Lastsamuraj

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Prontapay

Depends on - how much money you have:)For usual user with 500-5000$ i would say none really .Have to risk ,trade and make X2,X5,X .... On your money.

Exsumane

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The Bitcoin Cash could be a good candidate as it has larger block size and lower fee.

Stavri

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i will not say 500 1000 usd is nothing but it is very small amount of money for cryptoworld. It is not realist approach to expect becoming millionaire for such money in 1 2 years. I would focus on altcoins that are not so popular but has potential.

Tekunda

member

Activity: 204

Merit: 10

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.

Topic: Too late to be millionaire with Btc.Which coin in 2 years will make us 1 million - page 3. (Read 1957 times)