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Topic: Why anyone who invests 5,000$ now in bitcoin will be millionaire by 2025 - page 11. (Read 2056 times)

newbie
Activity: 238
Merit: 0
Im shocked that this kind of post is made by a newbie nice work! .....

"Newbie " is just a rank. isn't it  Wink . Who can estimate his knowledge just by a rank  Wink

Why anyone who invests 5,000$ now in bitcoin will be millionaire by 2025

Nice explanation.But I've got few questions for you. Is your lowest price level for BTC around $5000 level or can it go more down than that ?. What is the reason for highlighting the value $5000 ?. Don't you see any possibilities that btc can go down until $2000 level according to the technical analysis of the btc chart ?.
member
Activity: 420
Merit: 13
Silence
This is how you do it if you are going to give a an prediction although we all know no one can predict the prices but what you did is give us a good basis we can rely on.

Im shocked that this kind of post is made by a newbie nice work! I have to merit you for this but I really dont have some anymore. +1
legendary
Activity: 1358
Merit: 1565
The first decentralized crypto betting platform
Thanks for the article but I think the title is an overstatement as you don’t give reason to defend why the market is going to increase by at least 20 in 7 years. I also believe it is going to increase but I don’t see why anyone who invests $5,000 will be a millionaire, rather than you feel so.
legendary
Activity: 2562
Merit: 1441
With Bitcoin leading the pack (even though Ethereum is running to overtake it maybe this year)

I would be interested to hear reasons why people favor ethereum. Why does (eth) have so much hype behind it? Is (eth)'s variable supply, which can be printed without limit similar to fiat currencies, deemed superior to bitcoin's limited supply which is algorithmically limited? It might be said that eth is almost identical to fiat. Bitcoin could have an advantage in that its qualities contrast with fiat currencies in ways which could make bitcoin superior in terms of long term stability and reliability.


My List

NagaCoin ~ 0.49$
RequestNetwork ~ 0.16$
Polymath ~0.30$
Ardor ~ 0.22$
COSS Coin ~ 0.18$
Bancor ~ 2.17$
SingularityNet ~ 0.11$
SWFTC ~ 0.008$
Blackmoon ~ 0.55$
Sirin Labs ~ 0.23$
Hicky (ICO completed recently, still not listed)

NOTE I:I highlighted my favourite ones for either long term reasons or because pays dividends
NOTE II:I did not provide the necessary links for the content I reported here but for anyone interested, a quick search will answer all questions

Good luck out there  Roll Eyes Roll Eyes

Thanks for the list. Many have asked for crypto investing advice, specifically which alts are good and unfortunately I've never seen anyone in this section offer this type of advice before aside from a few who favored coins like stellar.

Will try to go over the list, do some research and get back to you on this.   Smiley
member
Activity: 96
Merit: 10
Desearch is just perfect! I've found it suddenly and really happy about that. Better than google once and ever Cool
member
Activity: 122
Merit: 12
Interesting list!

What about Mesh services, for example, Rightmesh?
newbie
Activity: 12
Merit: 4
Good afternoon, this post will express some of my personal views and of other people more qualified, and I will add some news that backup my view  Grin Grin


As of this moment, according to coinmarketcap.com, bitcoin is valued at 6900$ (around 66% devaluation from the 20,000$ peak) and Ethereum 380$. Worst estimates place it around 6,000$ in the next days/weeks. The markets in Japan are watching closely the BTC price and buying up at the lows as Bitcoin is quite useful in the country.

As Abra CEO Bill Barhydt stated “I talk to hedge funds, high net worth individuals, even commodity speculators. They look at the volatility in the crypto markets and they see it as a huge opportunity. Once that happens, all hell will break loose.” He said that these spikes were fueled by asian markets and we are yet to see western money enter this market (which may happen any moment). Many CEO's from western companies have announced only positive news for blockchain: Twitter CEO said Bitcoin can be the future currency, R3 Consortium has only released good news regarding their tests, Ripple had a crazy year so far as far as partnerships announced, Intel filed a patent for a device that improves cost/eficient of bitcoin mining by 35% (int for a future mining device in the coming months to rival the existing ones?), NVIDIA CEO too said that "(...) blockchain is here to stay."

With Bitcoin leading the pack (even though Ethereum is running to overtake it maybe this year), the cryptomarket is expected, not only to rise, but to reach new records and beat new milestones in value. And with all the news mentioned above, this scenario becomes a little more realistic in the long term (that's why you hodl right?).

The next thing we need to look out aswell is the altcoin market. The next Google may already have had their ICO and we don't have our buy in (I'm going to provide a list of projects that I believe will succeed) because, unfortunately, western companies have banned ICO advertisement (Google, Facebook and Twitter). But if there's a will, there's a way. I suggest using https://desearch.com or even https://duckduckgo.com - alternative search engines to Google - to help with the research (beware of scams, please).

Why is it important to move your money between the different tokens?

Some people have noticed that money usually flows from bitcoin and the main currencies to the altcoin market, after great bitcoin valorizations. This is where the opportunity for us, investors, presents itself to be capitalized on. A good hodler that buys in the cryptomarket now and takes advantage of these fluctuations should easily become very wealthy in the course of 7 years, admitting that the cryptomarket won't crash for some crazy reason (which should be very hard at this point).

Best kind of projects?

Edward Snowden, when inquired about cryptos, answered that "(...) the most interesting are the security tokens like Zcash." Personally, there are 2 kinds of way to look at a project: it's either good, because it is the first of it's kind and therefore the price could go up accordingly with that factor and some money can be made in such window, or it's either great, and has long term prospects as it will provide some service that will be powered by blockchain, and has a great team (which is usually listed on the project website) that will guide the project the way possible. Even though agreeing with Snowden as to the best projects are about security, not to mention that blockchain was created out of the cypherpunk movement, I can't overlook the fact that blockchain can revolutionize nearly all sectors of the service industry, and, therefore, influencing both primary and secondary sectors aswell, bringing reduced costs to our lives.

My List

NagaCoin ~ 0.49$
RequestNetwork ~ 0.16$
Polymath ~0.30$
Ardor ~ 0.22$
COSS Coin ~ 0.18$
Bancor ~ 2.17$
SingularityNet ~ 0.11$
SWFTC ~ 0.008$
Blackmoon ~ 0.55$
Sirin Labs ~ 0.23$
Hicky (ICO completed recently, still not listed)

NOTE I:I highlighted my favourite ones for either long term reasons or because pays dividends
NOTE II:I did not provide the necessary links for the content I reported here but for anyone interested, a quick search will answer all questions

Good luck out there  Roll Eyes Roll Eyes
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