Will this stack make me a USD millionaire?

Zanab247

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Quote from: pinggoki

Probably but you're going to have to hodl for a really long time to become what you're dreaming off, I wouldn't hold out much hope that you'd be a millionaire by 2025 though, although bitcoin and ETH is unpredictable so who knows, the bitcoin price might hit to 120k or higher this year and you'd probably be more than a millionaire after that, got to make sure you don't panic too much though as there's a possibility that you might not think straight when in the face of a millions of dollars, people tend to do it the wrong way once they get to that point which ends up with them losing it a lot faster than expected.

That is when you can turn to millionaire in the industry, because you need to sell when the price is high which is the only way you can accumulate profits, because you need to hodl for long period of years before you can use this capital to win millions.

BTC and ETH is different from centralized currency which is unpredictable but if you have other sources of income, it will surely help you to make millions before the end of 2025 because the price of BTC will going to hit $160k or $200k which it will help hodlers to earn big profits.

Panic can make someone to miss it all, but if you want to achieve your target in the market, never allow bear run to make you panic because bull run will surely going to happen in the future and it will make you to earn millions from the market.

doomloop

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Quote from: erep on June 01, 2024, 04:02:43 PM

Quote from: rodskee on June 01, 2024, 07:44:13 AM

capital from what and whom? bitcoin reaching ATH you like it or not mate because this is what we have
to understand and if you are calling about capital from bigger investors? don't worry they are just waiting
for the right time to invest or to enter this market again because we knew how much they can affect the
crypto in time that they re enter the market.

They are still in the market even though the price of bitcoin has fallen and there is no leaving the market under any circumstances, the price of bitcoin is influenced by supply and demand so there is no influence other than that unless they are wrong in assessing the market because they do not understand market fluctuations and the history of reaching the price of bitcoin to $70k , everyone involved in the bitcoin market is those who control the market and not just high capital investors.

Like he said, big investors are still there and are only waiting for the right timing or signal. They won't achieve their current status if they don't know what they are doing. But even those small and weak users, can also get tempted to come back here again. The only difference is they do it once they see a huge pump in the price of the coins. They can't learn from their mistakes.

There are actually other influences that can affect the price, other the demand and supply. News for example but news won't be possible if not because of the events that are happening around. A lot of people are involved in the BTC market but some are only poor and has no ability to control the market.

erep

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Quote from: rodskee on June 01, 2024, 07:44:13 AM

capital from what and whom? bitcoin reaching ATH you like it or not mate because this is what we have
to understand and if you are calling about capital from bigger investors? don't worry they are just waiting
for the right time to invest or to enter this market again because we knew how much they can affect the
crypto in time that they re enter the market.

They are still in the market even though the price of bitcoin has fallen and there is no leaving the market under any circumstances, the price of bitcoin is influenced by supply and demand so there is no influence other than that unless they are wrong in assessing the market because they do not understand market fluctuations and the history of reaching the price of bitcoin to $70k , everyone involved in the bitcoin market is those who control the market and not just high capital investors.

rodskee

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Quote from: lombok on May 16, 2024, 11:54:54 AM

Quote from: rodskee on May 16, 2024, 06:25:17 AM

Quote from: uknowy9999 on February 14, 2024, 05:14:34 AM

Hey guys,

so I have been stacking the past years, and to be honest, mainly focused on BTC and some ETH.

How much BTC and ETH would you think you need, in order to have a FUTURE (next years?) 1 million allocation to crypto's bluechips BTC and ETH while keeping the ratio 1:10, meaning 1 BTC and 10 ETH, 2 BTC and 20 ETH and so on
For example I think
By end of 2025 with 7 BTC and 70 ETH you will have a one million USD exposure to crypto

What are your thoughts?

that is more than a million once the market reach its peak , imagine bitcoin pricing 120k each
and ethereum to 7-10k? that is more than enough to how much you are asking .
you are lucky if you can stack that amount from here to the bull market in the coming months .

Everyone's hope is that Bitcoin can reach such a high price, but I realize that to reach such a high price requires quite a lot of capital, of course this will not happen when there is no good news that can trigger investors and whales to buy bitcoin.

capital from what and whom? bitcoin reaching ATH you like it or not mate because this is what we have
to understand and if you are calling about capital from bigger investors? don't worry they are just waiting
for the right time to invest or to enter this market again because we knew how much they can affect the
crypto in time that they re enter the market.

bitterguy28

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Quote from: Uhwuchukwu53 on May 19, 2024, 02:57:04 AM

Quote from: dansus021 on May 18, 2024, 09:54:45 PM

With today price you can earn around 800K USD with 7 BTC and 70 ETH but if you have money If I were you I will go add more 3 BTC and 30 ETH in the pocket so the final would be 10 BTC and 100 ETH and already make you a millionaire. Cool

To maximise the profit only buy at support zone or demand zone around 50-65K if we can touch this area again or buy DCA from now

I concur to this idea because it can make you more outstanding in case if unforseen circumstances on how you speculation did not meet or hit target the increase can help to meet up, second in my opinion I suggest the ratio should be swapped for BTC to take greater percentage, as it's market rising is always higher than Eth , I must commend that this because been consistent to the proposed stacking can actually usher your dream.

wrong , OP seems to be wanted having diversified Folio so please not to tell Him to hold complete Bitcoin because in our day now , it is not that best to keep your funds in single coin even if we are talking about bitcoin because we have seen the growth of altcoins most of the times increases more than double of its value while bitcoin reaching this only every halving.
so maybe OP must stay in his plans but with longer range of holding .

South Park

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Quote from: Dave1 on May 24, 2024, 07:03:24 AM

For now that's how we look at Bitcoin, their is a pattern although it might be very different every cycle, but you can see that they followed a trend and that's what make our prediction this bull cycle.

So as far as Bitcoin goes, yeah, for some individuals having 7 BTC will make them a USD millionaire. And more so to those who are not in the US. So imagine the amount of money or profits that they will get if they have that kind of huge Bitcoin in their pocket and wait to sell till the peak price of more than $100k in this bull run.

It is also quite important to not be too eager to sell all our coins, 7 BTC is probably more than enough to make someone a millionaire as this will mean a price of bitcoin of 142k dollars, which seems to me to be reachable during this bull run, however the price of bitcoin will keep on increasing during the next decades, so what at some point may seem like a massive amount of money, after that period of time passes it will seem as a small amount, so we should spend only the bitcoin we need and keep holding the rest.

Dave1

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Quote from: BITCOIN4X on May 20, 2024, 02:00:23 PM

Quote from: jaberwock on May 19, 2024, 04:25:23 AM

Quote from: slaman29 on May 17, 2024, 03:55:37 AM

~Snip

I feel like we haven't seen a crash hard yet because we are in the bull run period, not saying that we are in the bull run exactly, but it is definitely the same period. Which is why I think it feels like we are going to end up with something that will take a while.

I do hope that we are going to see a greater return, it may not be all that easy to handle, but it does feel like we are going to see a greater result one way or another. So that means that we may not see a crash all the way until late 2025, where the bull run would probably end, or even early 2026 could be a date. That is because in 2026 it is expected to be another bear year, just like 2018 was and just like 2022 was, every four years it's a cycle we have.

History can still be expected to repeat itself, but we never know when. Even this time, bitcoin's new ATH occurred before the halving and this has never happened before in history. A holder who already owns 10 btc today will very likely become a millionaire in the coming bullish period, but diversification could make it quicker for them, or it could slow it down.

I strongly believe that bitcoin will not lose too much in price in 2024 to 2025, but price volatility is very possible. Prices rising and falling for one reason or another are normal, but economic, political and other situations can have an impact on the market.

For now that's how we look at Bitcoin, their is a pattern although it might be very different every cycle, but you can see that they followed a trend and that's what make our prediction this bull cycle.

So as far as Bitcoin goes, yeah, for some individuals having 7 BTC will make them a USD millionaire. And more so to those who are not in the US. So imagine the amount of money or profits that they will get if they have that kind of huge Bitcoin in their pocket and wait to sell till the peak price of more than $100k in this bull run.

slaman29

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Quote from: fuguebtc on May 23, 2024, 07:54:45 AM

We cannot expect that history will always repeat itself exactly in every detail because things will always change over time and the impact at each stage will be different. This year, bitcoin has a new ATH because we have a bitcoin ETF and this has never happened before, and for this reason, many people suspect that history has been changed.

I didn't exactly say about history repeating itself in the same way, more about patterns resurfacing, and if Bitcoin is the asset everyone is interested in, it's because it can crash and go back up even higher. The moment this pattern stops, people will treat BTC like gold, which is, still nice to have but no more gambler traders.

That's what I was referring to, the hard crash that hasn't come yet but is almost certain to be coming. If it doesn't come the big question to ask is, is BTC still the BTC we know?

danadc

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Quote from: South Park on May 20, 2024, 01:06:58 PM

Quote from: jcojci on May 17, 2024, 10:58:09 AM

That's clear, especially since many predictions are saying that the price of Bitcoin could reach its new ATH of more than $100k. That makes people still want to buy more Bitcoin because it can provide huge profits for them. However, they must be able to regulate the amount of money to be invested and only use the money they can afford. Otherwise, it will only bring losses to them that they cannot bear and will make them despair. We still have to be patient until we see Bitcoin prices increase, and we should not panic if there is another correction.

Those people should study the markets while waiting for the price increase that is coming, because it is very common for them to obtain great profits, but they do not know when to get out of their position and sell, and that is when they suffer tremendously as the market takes a nose dive and they are dragged down with it, and instead of earning the money they were looking for, they lose a lot of money they were not really expecting on losing, and this can severely compromise their economic situation for a time.

For that reason I don't do tradition because I don't know when I should go out and I have tried a lot with the signals that I sometimes get from tradingview but they are simple analysis, and I don't trust the signal channels because most of them are scams and the The truth is, I don't have any fear that they will come and scam me, neither by signals nor by defensive bets, that is why it is preferable to read the opinions of the most experts in bitcointalk, which are much more valuable if I want to have a Commercial decision, but it doesn't bother me. I'm taking a risk because, as I said before, I haven't traded and I don't know when to enter and exit, because if I tried I could do it wrong.

fuguebtc

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Quote from: BITCOIN4X on May 20, 2024, 02:00:23 PM

Quote from: jaberwock on May 19, 2024, 04:25:23 AM

Quote from: slaman29 on May 17, 2024, 03:55:37 AM

~Snip

I feel like we haven't seen a crash hard yet because we are in the bull run period, not saying that we are in the bull run exactly, but it is definitely the same period. Which is why I think it feels like we are going to end up with something that will take a while.

I do hope that we are going to see a greater return, it may not be all that easy to handle, but it does feel like we are going to see a greater result one way or another. So that means that we may not see a crash all the way until late 2025, where the bull run would probably end, or even early 2026 could be a date. That is because in 2026 it is expected to be another bear year, just like 2018 was and just like 2022 was, every four years it's a cycle we have.

History can still be expected to repeat itself, but we never know when. Even this time, bitcoin's new ATH occurred before the halving and this has never happened before in history. A holder who already owns 10 btc today will very likely become a millionaire in the coming bullish period, but diversification could make it quicker for them, or it could slow it down.

I strongly believe that bitcoin will not lose too much in price in 2024 to 2025, but price volatility is very possible. Prices rising and falling for one reason or another are normal, but economic, political and other situations can have an impact on the market.

We cannot expect that history will always repeat itself exactly in every detail because things will always change over time and the impact at each stage will be different. This year, bitcoin has a new ATH because we have a bitcoin ETF and this has never happened before, and for this reason, many people suspect that history has been changed.

To be honest, I also doubt whether history will repeat itself, but if we look at the rapidly growing demand for bitcoin. Even if history doesn't repeat itself, bitcoin's price increase is inevitable.

I agree with you, since the bitcoin ETFs were approved I don't think we will see another bear season like before, bitcoin is still falling, there will still be corrections, but bitcoin is dumped 70% - 90% will not happen again.

BITCOIN4X

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Quote from: jaberwock on May 19, 2024, 04:25:23 AM

Quote from: slaman29 on May 17, 2024, 03:55:37 AM

~Snip

I feel like we haven't seen a crash hard yet because we are in the bull run period, not saying that we are in the bull run exactly, but it is definitely the same period. Which is why I think it feels like we are going to end up with something that will take a while.

I do hope that we are going to see a greater return, it may not be all that easy to handle, but it does feel like we are going to see a greater result one way or another. So that means that we may not see a crash all the way until late 2025, where the bull run would probably end, or even early 2026 could be a date. That is because in 2026 it is expected to be another bear year, just like 2018 was and just like 2022 was, every four years it's a cycle we have.

History can still be expected to repeat itself, but we never know when. Even this time, bitcoin's new ATH occurred before the halving and this has never happened before in history. A holder who already owns 10 btc today will very likely become a millionaire in the coming bullish period, but diversification could make it quicker for them, or it could slow it down.

I strongly believe that bitcoin will not lose too much in price in 2024 to 2025, but price volatility is very possible. Prices rising and falling for one reason or another are normal, but economic, political and other situations can have an impact on the market.

South Park

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Quote from: jcojci on May 17, 2024, 10:58:09 AM

That's clear, especially since many predictions are saying that the price of Bitcoin could reach its new ATH of more than $100k. That makes people still want to buy more Bitcoin because it can provide huge profits for them. However, they must be able to regulate the amount of money to be invested and only use the money they can afford. Otherwise, it will only bring losses to them that they cannot bear and will make them despair. We still have to be patient until we see Bitcoin prices increase, and we should not panic if there is another correction.

Those people should study the markets while waiting for the price increase that is coming, because it is very common for them to obtain great profits, but they do not know when to get out of their position and sell, and that is when they suffer tremendously as the market takes a nose dive and they are dragged down with it, and instead of earning the money they were looking for, they lose a lot of money they were not really expecting on losing, and this can severely compromise their economic situation for a time.

rodskee

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Quote from: dansus021 on May 18, 2024, 09:54:45 PM

With today price you can earn around 800K USD with 7 BTC and 70 ETH but if you have money If I were you I will go add more 3 BTC and 30 ETH in the pocket so the final would be 10 BTC and 100 ETH and already make you a millionaire. Cool

To maximise the profit only buy at support zone or demand zone around 50-65K if we can touch this area again or buy DCA from now

I think he already stack these coin and if its true then he have purchased when its around that
price level and may gain that million dollar target just before the year ends if the speculation happens
of reaching Bitcoin to 100k .

Quote from: lombok on May 16, 2024, 11:54:54 AM

Everyone's hope is that Bitcoin can reach such a high price, but I realize that to reach such a high price requires quite a lot of capital, of course this will not happen when there is no good news that can trigger investors and whales to buy bitcoin.

there is no need of that high capital because OP already had and just asking if those
amount of crypto is enough for the target.

jaberwock

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Quote from: slaman29 on May 17, 2024, 03:55:37 AM

First, we haven't seen a big crash hard YET. Doesn't mean it won't happen. In fact, crashes that are delayed tend to take even longer to recover from so I actually think this is a sign to be wary, rather than a good sign.

Again about ETH ETF, I'm not really positive about it. Like I said, it doesn't make much sense, so it feels like it's just a hype thing oh let's follow Bitcoin too.

We all know how that story ends

I feel like we haven't seen a crash hard yet because we are in the bull run period, not saying that we are in the bull run exactly, but it is definitely the same period. Which is why I think it feels like we are going to end up with something that will take a while.

I do hope that we are going to see a greater return, it may not be all that easy to handle, but it does feel like we are going to see a greater result one way or another. So that means that we may not see a crash all the way until late 2025, where the bull run would probably end, or even early 2026 could be a date. That is because in 2026 it is expected to be another bear year, just like 2018 was and just like 2022 was, every four years it's a cycle we have.

Uhwuchukwu53

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Quote from: dansus021 on May 18, 2024, 09:54:45 PM

With today price you can earn around 800K USD with 7 BTC and 70 ETH but if you have money If I were you I will go add more 3 BTC and 30 ETH in the pocket so the final would be 10 BTC and 100 ETH and already make you a millionaire. Cool

To maximise the profit only buy at support zone or demand zone around 50-65K if we can touch this area again or buy DCA from now

I concur to this idea because it can make you more outstanding in case if unforseen circumstances on how you speculation did not meet or hit target the increase can help to meet up, second in my opinion I suggest the ratio should be swapped for BTC to take greater percentage, as it's market rising is always higher than Eth , I must commend that this because been consistent to the proposed stacking can actually usher your dream.

dansus021

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With today price you can earn around 800K USD with 7 BTC and 70 ETH but if you have money If I were you I will go add more 3 BTC and 30 ETH in the pocket so the final would be 10 BTC and 100 ETH and already make you a millionaire. Cool

To maximise the profit only buy at support zone or demand zone around 50-65K if we can touch this area again or buy DCA from now

jcojci

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Quote from: lombok on May 16, 2024, 11:54:54 AM

Quote from: rodskee on May 16, 2024, 06:25:17 AM

Quote from: uknowy9999 on February 14, 2024, 05:14:34 AM

Hey guys,

so I have been stacking the past years, and to be honest, mainly focused on BTC and some ETH.

How much BTC and ETH would you think you need, in order to have a FUTURE (next years?) 1 million allocation to crypto's bluechips BTC and ETH while keeping the ratio 1:10, meaning 1 BTC and 10 ETH, 2 BTC and 20 ETH and so on
For example I think
By end of 2025 with 7 BTC and 70 ETH you will have a one million USD exposure to crypto

What are your thoughts?

that is more than a million once the market reach its peak , imagine bitcoin pricing 120k each
and ethereum to 7-10k? that is more than enough to how much you are asking .
you are lucky if you can stack that amount from here to the bull market in the coming months .

Everyone's hope is that Bitcoin can reach such a high price, but I realize that to reach such a high price requires quite a lot of capital, of course this will not happen when there is no good news that can trigger investors and whales to buy bitcoin.

That's clear, especially since many predictions are saying that the price of Bitcoin could reach its new ATH of more than $100k. That makes people still want to buy more Bitcoin because it can provide huge profits for them. However, they must be able to regulate the amount of money to be invested and only use the money they can afford. Otherwise, it will only bring losses to them that they cannot bear and will make them despair. We still have to be patient until we see Bitcoin prices increase, and we should not panic if there is another correction.

slaman29

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Quote from: justdimin on May 16, 2024, 06:07:42 AM

Quote from: slaman29 on May 15, 2024, 02:27:15 AM

I still think ETH ETF doesn't make sense, tho. ETFs are one way to get something very scarce. But anyway, it doesn't hurt BTC to have ETH grow

That is true, having ETH to join in the ETF world would mean that there will be billions pouring into ETH as well, meaning more money for crypto as well. All these huge companies are buying tens of thousands of bitcoins right now, meaning that it helps us, that was the main reason why we managed to see ATH price before the halving as well, and it is known that after the halving pricecrashes hard, it didn't even crash that hard, it is quite good.

I personally believe that ETF in any coin, especially something as great as ETH, would just help bitcoin world. This of course depends on who they let in, because ETF is something that they give rights to companies to do, and if you pick horrible companies then they may hurt the crypto world.

Two things. First, we haven't seen a big crash hard YET. Doesn't mean it won't happen. In fact, crashes that are delayed tend to take even longer to recover from so I actually think this is a sign to be wary, rather than a good sign.

Again about ETH ETF, I'm not really positive about it. Like I said, it doesn't make much sense, so it feels like it's just a hype thing oh let's follow Bitcoin too.

We all know how that story ends

Quote from: legendbtc on May 16, 2024, 07:37:24 AM

But do you think the SEC will approve an ETH ETF? The deadline for the ETH ETF is May 23, and I personally don't think it will be approved that easily. Also, even if ETH is approved, I don't think bitcoin will benefit from this. It is ETH that is benefiting from bitcoin because if the bitcoin ETF is not approved then there will not be any ETF proposed for any altcoin.

Personally, I don't hate ETH that much because I'm here to make a profit and as long as the project can bring profit, I will consider investing, I don't like being too stubborn and then missing out on many opportunities.

Doesn't really matter. Bitcoin ETFs took forever. But if Bitcoin couldn't convince people easily, ETH? It's a different thing outright to me.

And well, anything that's not shitcoin (like Ethereum) should benefit Bitcoin. I mean, even all those wrapped Bitcoin needed Bitcoin, right?

And yes, my stubbornness on ETH lost me out in 2017/18 but anyway, I prefer to be stubborn. Lost out on Ethereum but saved my money from 100 other shit 'Gen 3 crypto'.

lombok

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Quote from: rodskee on May 16, 2024, 06:25:17 AM

Quote from: uknowy9999 on February 14, 2024, 05:14:34 AM

Hey guys,

so I have been stacking the past years, and to be honest, mainly focused on BTC and some ETH.

How much BTC and ETH would you think you need, in order to have a FUTURE (next years?) 1 million allocation to crypto's bluechips BTC and ETH while keeping the ratio 1:10, meaning 1 BTC and 10 ETH, 2 BTC and 20 ETH and so on
For example I think
By end of 2025 with 7 BTC and 70 ETH you will have a one million USD exposure to crypto

What are your thoughts?

that is more than a million once the market reach its peak , imagine bitcoin pricing 120k each
and ethereum to 7-10k? that is more than enough to how much you are asking .
you are lucky if you can stack that amount from here to the bull market in the coming months .

Everyone's hope is that Bitcoin can reach such a high price, but I realize that to reach such a high price requires quite a lot of capital, of course this will not happen when there is no good news that can trigger investors and whales to buy bitcoin.

livingfree

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Quote from: rodskee on May 16, 2024, 06:25:17 AM

that is more than a million once the market reach its peak , imagine bitcoin pricing 120k each
and ethereum to 7-10k? that is more than enough to how much you are asking .

It doesn't have to reach $120k. $100k will be enough for BTC and $5000 for ETH is enough too.

Quote from: rodskee on May 16, 2024, 06:25:17 AM

you are lucky if you can stack that amount from here to the bull market in the coming months .

To be honest, if I am him. I'd also stack some more and will be excited on where this is going. Having that much ETH is already going to make his life better.

And with that BTC, that's going to set him for life, no BS.

Topic: Will this stack make me a USD millionaire? (Read 896 times)