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Topic: Will this stack make me a USD millionaire? - page 2. (Read 278 times)

donator
Activity: 4718
Merit: 4218
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February 14, 2024, 02:09:27 PM
#7
7 BTC by itself may be enough to earn you millionaire status in the future. I would imagine 70 ETH also has that possibility by itself, especially if earning staking rewards. I’d say by 2029, a stack of that size will easily get you into the millions. Odds of it happening in 2025 are still probably better than not that it will happen.
mk4
legendary
Activity: 2716
Merit: 3817
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February 14, 2024, 12:47:24 PM
#6
By end of 2025 with 7 BTC and 70 ETH you will have a one million USD exposure to crypto

7 BTC + 70 ETH right now is worth around $550,000. A million is just merely 2x from here, so of course it's very possible.


Days of ETH are over in my opinion, it is not going to see any more pumps like it did in early days.

*snip*

I get your point. But ETH mostly outperforms BTC in bull markets regardless of whether it will ever re-reach its all-time highs against BTC again. Majors below BTC tend to outperform in general, even the total useless shitstain that is XRP.
legendary
Activity: 3444
Merit: 10537
February 14, 2024, 11:58:03 AM
#5
Days of ETH are over in my opinion, it is not going to see any more pumps like it did in early days. We can see that in its chart against Bitcoin where it has lost more than half of its value over the past 5-6 years and it is never going to get it back (ETH was once 0.15BTC). Nowadays the only way ETH price against dollar can go up is if BTC goes up and even that rise is smaller than what BTC gains.

Becoming a millionaire with 7BTC by 2025? That's reaching 140k ish, and reaching that depends on this year. If we continue seeing more conflicts in the world which would also affect the global economy, specifically worsens the recession, then I don't think we can expect a 180% rise in a year. Best case scenario is we reach the previous ATH ($70k ish) by then.

But if things cool down and the banksters start lowering interest rates letting inflation rate reach realistic values, we could see price shoot up and $140k would look like nothing in comparison to levels we'd reach.
Half a mil per BTC would not be unrealistic anymore.
sr. member
Activity: 532
Merit: 390
February 14, 2024, 10:46:04 AM
#4
By end of 2025 with 7 BTC and 70 ETH you will have a one million USD exposure to crypto

You made a good decision with bitcoin, but just a very nice and warmly advise for you while stacking, make use of a non custodial for that and keep safe the access keys to the assets, you cannot afford to keep any chance of being at risk in dealing with that kind of fund.

With the said amount, i think one have nothing to worry about again if truly you can stack up to having 7btc for yourself, it's a good idea and you can make more even at the cause since you're dealing with a profitable investment with bitcoin.
hero member
Activity: 1001
Merit: 701
February 14, 2024, 10:42:35 AM
#3
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?


If you were to forget the Eth (this is the bitcoin speculation board after all) then your 7 BTC could be nearly 11 BTC (1BTC currently = 18Eth).

At that point BTC only needs to be at ~$93k for your stash to be worth $1M.
legendary
Activity: 3234
Merit: 5637
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February 14, 2024, 07:41:52 AM
#2
~snip~
By end of 2025 with 7 BTC and 70 ETH you will have a one million USD exposure to crypto
What are your thoughts?


Maybe 7 BTC will be enough for you to become a millionaire in USD, because for that to happen you need a price of 1 BTC = $140k+. If that $1 million can satisfy you in life, then you can retire early or whatever - of course when you pay the tax Wink
newbie
Activity: 15
Merit: 3
February 14, 2024, 06:14:34 AM
#1
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?
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