Will this stack make me a USD millionaire? - page 2.

legendbtc

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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

But I wrote you one reason to give you understanding about why people spread bad things about even Ethereum. They betrayed the original Ethereum and REVERSED the blockhain after they got hacked.

Bitcoin people will understand this is against the whole idea of crypto. I sort of forgave them but people will remember this is Ethereum, what wil other alts do?

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.

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.

rodskee

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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 .

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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

But I wrote you one reason to give you understanding about why people spread bad things about even Ethereum. They betrayed the original Ethereum and REVERSED the blockhain after they got hacked.

Bitcoin people will understand this is against the whole idea of crypto. I sort of forgave them but people will remember this is Ethereum, what wil other alts do?

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.

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Quote from: CryptoBuds on May 14, 2024, 11:01:16 PM

Quote from: slaman29 on May 14, 2024, 03:59:49 AM

We should support alts just because they're part of crypto? So are memecoins, shitcoins, ordinals etc. Should we support things just because they're 'the same family'?

Of course, we don't need to support them all but not all of them are as useless. ETH has grown to this day and similar to bitcoin, an ETH ETF is something that will happen and it is only a matter of time. After bitcoin, perhaps ETH will be another representative of the industry that helps cryptocurrency become more popular, but it is difficult to understand that many people still find ways to spread bad things about it. And what's even more funny is that they are the ones who always claim to support the development of technology and support cryptocurrency becoming more popular.

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

But I wrote you one reason to give you understanding about why people spread bad things about even Ethereum. They betrayed the original Ethereum and REVERSED the blockhain after they got hacked.

Bitcoin people will understand this is against the whole idea of crypto. I sort of forgave them but people will remember this is Ethereum, what wil other alts do?

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Quote from: slaman29 on May 14, 2024, 03:59:49 AM

We should support alts just because they're part of crypto? So are memecoins, shitcoins, ordinals etc. Should we support things just because they're 'the same family'?

I like competition, I like variety, but I support something that is developed for good reason. Ethereum yes. I can't think of anything else. Privacy coins maybe. But everything else doesn't do what Bitcoin and Ethereum and privacy coins cannot do, that's what I call openly shady.

OP is also asking about speculation/value. That means Bitcoin whether or not you support it

oh and by the way I'm not anti ETH, anyone can read my post history, yes I started out really not trusting ETH but after a few years I finally admitted okay, they are no longer the scam rollback network they started out as. But that doesn't mean I think it's the best. I just think among alts, it is the least dangerous.

That is definitely a horrible idea, and should not be done. I believe that we should probably consider what we have as the only reality and the top ranked coins are top ranked for a reason. If we keep thinking that we could make money with other stuff, things like memecoins and shitcoins, then we are not going to be happy about the results at all.

We are going to end up with something that will cause a lot of trouble. We can't really do anything that will benefit us at the moment, we just need to realize that it is going to be a tough situation. Of course it is not that easy to handle, we just need to consider what we can do, and that should not be a big deal at all, could be just a fine situation given enough time.

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Quote from: slaman29 on May 14, 2024, 03:59:49 AM

Quote from: CryptoBuds on May 14, 2024, 03:38:24 AM

ETH or altcoins are also part of the crypto industry, we should support or support their development. But no, many people hate ETH and altcoins, they even want the crypto industry to be only bitcoin for their own bigoted reasons.

We should support alts just because they're part of crypto? So are memecoins, shitcoins, ordinals etc. Should we support things just because they're 'the same family'?

Of course, we don't need to support them all but not all of them are as useless. ETH has grown to this day and similar to bitcoin, an ETH ETF is something that will happen and it is only a matter of time. After bitcoin, perhaps ETH will be another representative of the industry that helps cryptocurrency become more popular, but it is difficult to understand that many people still find ways to spread bad things about it. And what's even more funny is that they are the ones who always claim to support the development of technology and support cryptocurrency becoming more popular.

slaman29

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Quote from: CryptoBuds on May 14, 2024, 03:38:24 AM

ETH or altcoins are also part of the crypto industry, we should support or support their development. But no, many people hate ETH and altcoins, they even want the crypto industry to be only bitcoin for their own bigoted reasons.

We should support alts just because they're part of crypto? So are memecoins, shitcoins, ordinals etc. Should we support things just because they're 'the same family'?

I like competition, I like variety, but I support something that is developed for good reason. Ethereum yes. I can't think of anything else. Privacy coins maybe. But everything else doesn't do what Bitcoin and Ethereum and privacy coins cannot do, that's what I call openly shady.

OP is also asking about speculation/value. That means Bitcoin whether or not you support it

oh and by the way I'm not anti ETH, anyone can read my post history, yes I started out really not trusting ETH but after a few years I finally admitted okay, they are no longer the scam rollback network they started out as. But that doesn't mean I think it's the best. I just think among alts, it is the least dangerous.

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Quote from: doomloop on May 12, 2024, 03:33:40 PM

Quote from: Smack That Ace on May 08, 2024, 07:47:30 AM

Isn't this a gamble when you also expect bitcoin to reach $100k? Because there is no 100% certainty that bitcoin will reach 100k USD during this bull season. Regarding bitcoin making ATH before halving comes from the approval of ETFs, and let's not forget that ETH ETF is also being proposed and its approval is only a matter of time. And if you can be sure that bitcoin will touch $100k this bull season, I also bet you that ETH will give better returns than bitcoin in this bull season.

Eth is the leading altcoin, second only to bitcoin, and it has also proven to be the king of altcoins and queen of the market over the years. Therefore, investing in it is no worse than bitcoin and is no less safe than bitcoin. There are a lot of bitcoin maximalists on the forum and it's understandable that they hate ETH or shitcoin. But that doesn't mean their assessment is right when it comes to ETH and altcoins. Maximalist bitcoin investors are not representative of this market and if you participate in other social networks you will see that the ETH community is not inferior to the BTC community.

I don't see any reason for a person to hate ETH if they love Bitcoin, can't one like both of them simultaneously, knowing that one doesn't harm the other? ETH's growth has never been a problem for Bitcoin its growth is connected with Bitcoin's growth just like any other altcoin in the market because when Bitcoin goes up, altcoins, including ETH, go up as well, and vice versa. So, a Bitcoin lover should have no problems with ETH at all.

That being said, I don't think that ETH is going to perform better than Bitcoin because we can't expect ETH to have more trading volume than Bitcoin, and we know that the coin that is the most demanded one will perform the best, and no altcoin can beat Bitcoin in that despite their gradual growth or popularity.

No altcoin can surpass bitcoin in terms of trading volume and market capitalization, but if you invest in bitcoin and ETH now. I will confidently tell you that ETH is likely to give you higher returns than BTC, for the simple reason that bitcoin has become bigger, and asking it to give x10, x100 returns like altcoins have smaller capitalizations is not possible.

ETH or altcoins are also part of the crypto industry, we should support or support their development. But no, many people hate ETH and altcoins, they even want the crypto industry to be only bitcoin for their own bigoted reasons.

pinggoki

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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.

philipma1957

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hey he should do
10 or 11 BTC
0 ETH and the rest in gold.

I think that is better than 7 btc and 70 eth.

batang_bitcoin

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Quote from: MRY on May 13, 2024, 01:24:43 AM

Quote from: batang_bitcoin on May 11, 2024, 04:30:29 AM

I didn't even hesitated to say yes and no need to calculate how much you need for your selling point to reach your goal. I've read random stories about how folks became rich by holding vast ETH. You're likely 70% from your goal and we're not yet on the peak.
Dude, you're one of the luckiest or not really lucky but fortunate however you've taken that. I want to reach that type of portfolio but I'd say you're inspiring me to accumulate more.

So we can buy Bitcoin and Ethereum right now because the price is still very cheap which will make it easy for you to buy it using the DCA method, this way you can buy these two coins gradually, until in the end it doesn't feel like you will have a large amount of Bitcoin and Ethereum. very much. I would suggest increasing the number of Bitcoins that we can have because the potential for Bitcoin price increases is very reasonable. Next year, Bitcoin will be increasingly difficult to obtain. Miners will no longer get much from what they do, so the price of Bitcoin will become more expensive.

Yeah, we can definitely. The unending trend on this community is about the continuous accumulation of BTC and that's the trend that many can't be in because they're more focused into altcoins.

Quote from: South Park on May 13, 2024, 11:25:48 AM

Quote from: batang_bitcoin on May 11, 2024, 04:30:29 AM

I didn't even hesitated to say yes and no need to calculate how much you need for your selling point to reach your goal. I've read random stories about how folks became rich by holding vast ETH. You're likely 70% from your goal and we're not yet on the peak.
Dude, you're one of the luckiest or not really lucky but fortunate however you've taken that. I want to reach that type of portfolio but I'd say you're inspiring me to accumulate more.

You can do it, it is just that the longer this task takes you the harder it will become, but at the same time the value of your stash will go up as the price of bitcoin does the same, so just keep stacking sats, it is true that over a short period of time it may seem as if your bitcoin holdings are not increasing at all, but give it enough time and out of nowhere you will find yourself in a position in which your holdings are incredibly valuable, just make sure to protect your coins appropriately, since you do not want to go through all of that process only to lose it all to a scammer.

DCA as what most of us do, stacking little by little over the period of time, they're going to grow bigger. That's the power of accumulation and in doing small things consistently.

South Park

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Quote from: batang_bitcoin on May 11, 2024, 04:30:29 AM

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

By end of 2025 with 7 BTC and 70 ETH you will have a one million USD exposure to crypto

What are your thoughts?

I didn't even hesitated to say yes and no need to calculate how much you need for your selling point to reach your goal. I've read random stories about how folks became rich by holding vast ETH. You're likely 70% from your goal and we're not yet on the peak.
Dude, you're one of the luckiest or not really lucky but fortunate however you've taken that. I want to reach that type of portfolio but I'd say you're inspiring me to accumulate more.

You can do it, it is just that the longer this task takes you the harder it will become, but at the same time the value of your stash will go up as the price of bitcoin does the same, so just keep stacking sats, it is true that over a short period of time it may seem as if your bitcoin holdings are not increasing at all, but give it enough time and out of nowhere you will find yourself in a position in which your holdings are incredibly valuable, just make sure to protect your coins appropriately, since you do not want to go through all of that process only to lose it all to a scammer.

MRY

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Quote from: batang_bitcoin on May 11, 2024, 04:30:29 AM

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

By end of 2025 with 7 BTC and 70 ETH you will have a one million USD exposure to crypto

What are your thoughts?

I didn't even hesitated to say yes and no need to calculate how much you need for your selling point to reach your goal. I've read random stories about how folks became rich by holding vast ETH. You're likely 70% from your goal and we're not yet on the peak.
Dude, you're one of the luckiest or not really lucky but fortunate however you've taken that. I want to reach that type of portfolio but I'd say you're inspiring me to accumulate more.

So we can buy Bitcoin and Ethereum right now because the price is still very cheap which will make it easy for you to buy it using the DCA method, this way you can buy these two coins gradually, until in the end it doesn't feel like you will have a large amount of Bitcoin and Ethereum. very much. I would suggest increasing the number of Bitcoins that we can have because the potential for Bitcoin price increases is very reasonable. Next year, Bitcoin will be increasingly difficult to obtain. Miners will no longer get much from what they do, so the price of Bitcoin will become more expensive.

doomloop

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Quote from: Smack That Ace on May 08, 2024, 07:47:30 AM

Isn't this a gamble when you also expect bitcoin to reach $100k? Because there is no 100% certainty that bitcoin will reach 100k USD during this bull season. Regarding bitcoin making ATH before halving comes from the approval of ETFs, and let's not forget that ETH ETF is also being proposed and its approval is only a matter of time. And if you can be sure that bitcoin will touch $100k this bull season, I also bet you that ETH will give better returns than bitcoin in this bull season.

Eth is the leading altcoin, second only to bitcoin, and it has also proven to be the king of altcoins and queen of the market over the years. Therefore, investing in it is no worse than bitcoin and is no less safe than bitcoin. There are a lot of bitcoin maximalists on the forum and it's understandable that they hate ETH or shitcoin. But that doesn't mean their assessment is right when it comes to ETH and altcoins. Maximalist bitcoin investors are not representative of this market and if you participate in other social networks you will see that the ETH community is not inferior to the BTC community.

I don't see any reason for a person to hate ETH if they love Bitcoin, can't one like both of them simultaneously, knowing that one doesn't harm the other? ETH's growth has never been a problem for Bitcoin its growth is connected with Bitcoin's growth just like any other altcoin in the market because when Bitcoin goes up, altcoins, including ETH, go up as well, and vice versa. So, a Bitcoin lover should have no problems with ETH at all.

That being said, I don't think that ETH is going to perform better than Bitcoin because we can't expect ETH to have more trading volume than Bitcoin, and we know that the coin that is the most demanded one will perform the best, and no altcoin can beat Bitcoin in that despite their gradual growth or popularity.

batang_bitcoin

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

By end of 2025 with 7 BTC and 70 ETH you will have a one million USD exposure to crypto

What are your thoughts?

I didn't even hesitated to say yes and no need to calculate how much you need for your selling point to reach your goal. I've read random stories about how folks became rich by holding vast ETH. You're likely 70% from your goal and we're not yet on the peak.
Dude, you're one of the luckiest or not really lucky but fortunate however you've taken that. I want to reach that type of portfolio but I'd say you're inspiring me to accumulate more.

blckhawk

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Quote from: Saint-loup on May 05, 2024, 01:50:38 PM

Quote from: blckhawk on May 05, 2024, 04:40:58 AM

~

I agree with you it's very unlikely to happen, because Bitcoin and Ethereum are already very high and close to their ATH, especially BTC. So those assets are more likely to go down now than to go higher. There is no FOMO events scheduled in the coming months anymore, ETFs have been approved and halving has now passed. I see above one guy (OgNasty) telling "odds of it happening in 2025 are still probably better than not that it will happen" I would be curious to know how he came to that conclusion. Because it means that he thinks odds for this outcome to happen, are higher than 50%, that is to say less than 2.0 in decimal odds. That would be crazy if it was realistic.

I forgot something about this one though especially with bitcoin, I forgot to mention that bitcoin is always full of surprises so I'm pretty sure that there's a possibility that bitcoin will be able to reach prices that we wouldn't expect it to reach which is most bitcoin thing that bitcoin does, it defies most of our expectations so there's a possibility that 7 bitcoin would probably make someone a USD millionaire within that set time span. Pretty awesome how that can be a possibility with bitcoin in such a short time. I don't feel like people are FOMOing anymore, they already know what to do and they know that missing out is the worst thing that you can do in bitcoin.

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Quote from: beerlover on May 08, 2024, 08:32:32 AM

Quote from: BALIK on May 07, 2024, 03:48:11 AM

It would be biased and somewhat hateful towards ETH if someone said that ETH has reached its peak and has no more growth opportunities. Bitcoin has not yet touched $100k and the bull season has not yet arrived, so nothing can be said at the moment.

If ETH were truly useless and unreliable then hedge funds wouldn't be foolish enough to propose an ETH ETF, and while we won't see an ETH ETF approved this year anytime soon, it will happen in the future and is inevitable.

Bitcoin maximalists will consider ETH trash and they hate it, but other investors will know how much potential it has. Let's wait until the next bull season to know who is right and who is wrong instead of arguing now.

I agree, ETH still has a long way to go and I believe that second place is deservedly belongs to ETH for many more years, which means that while everything goes up, ETH will keep going up as well. We have seen so many times ETH tried to get close to flipping bitcoin, didn't happen and the closest was I think half of the marketcap, but the reality is that ETH could go a lot higher, we have that possibility and I can see how that could happen.

We just need to make sure that ETH is not doing all that bad with any new type of thing that comes up with the ecosystem that it has. Sometimes things could go wrong and when that happens it gets stuck and people try to avoid it in that case and look for other blockchains, which hurts the ETH price.

ETH must have some specialness or superiority, otherwise it would not have been able to maintain second place behind bitcoin for so many years. Those who think that ETH is outdated and has no motivation to develop or increase in price are just expressing envy towards ETH.

I am an investor and I am willing to invest anywhere as long as I see them as having profit potential, and I want to evaluate things fairly to realize their potential. I do not deny that investing in bitcoin is safer than investing in ETH, but that does not mean that ETH is not worth investing in. If someone asks me which coin will bring higher profits, I will not hesitate to say that ETH has more potential than BTC but don't forget the higher the profit, the higher the risk. But in this bull season I don't want to bet on ETH, I will choose solana and I believe solana's performance will outperform ETH.

beerlover

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Quote from: BALIK on May 07, 2024, 03:48:11 AM

It would be biased and somewhat hateful towards ETH if someone said that ETH has reached its peak and has no more growth opportunities. Bitcoin has not yet touched $100k and the bull season has not yet arrived, so nothing can be said at the moment.

If ETH were truly useless and unreliable then hedge funds wouldn't be foolish enough to propose an ETH ETF, and while we won't see an ETH ETF approved this year anytime soon, it will happen in the future and is inevitable.

Bitcoin maximalists will consider ETH trash and they hate it, but other investors will know how much potential it has. Let's wait until the next bull season to know who is right and who is wrong instead of arguing now.

I agree, ETH still has a long way to go and I believe that second place is deservedly belongs to ETH for many more years, which means that while everything goes up, ETH will keep going up as well. We have seen so many times ETH tried to get close to flipping bitcoin, didn't happen and the closest was I think half of the marketcap, but the reality is that ETH could go a lot higher, we have that possibility and I can see how that could happen.

We just need to make sure that ETH is not doing all that bad with any new type of thing that comes up with the ecosystem that it has. Sometimes things could go wrong and when that happens it gets stuck and people try to avoid it in that case and look for other blockchains, which hurts the ETH price.

Smack That Ace

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Quote from: BITCOIN4X on May 06, 2024, 02:02:06 PM

Quote from: Smack That Ace on May 06, 2024, 09:55:57 AM

Quote from: BITCOIN4X on May 05, 2024, 03:28:09 PM

~Snip

The entire market will depend on bitcoin, if bitcoin increases in price then the rest of the market will increase in price. But you need to know one thing that bitcoin has become quite big and its profits for investors are gradually getting smaller. Meanwhile, many altcoins will be able to bring profits many times greater than bitcoin, and ETH is also one of them. That's why many investors are increasingly choosing altcoins instead of bitcoin, and high profits come with high risks. Investing in altcoins can bring huge profits but will also expose us to more risks. So choosing to invest in bitcoin or altcoin will depend on the amount of capital they have and the goals they want to achieve.

I admit that what you say may be true, but so far expecting ETH to hit its new ATH again is a gamble when Bitcoin already hit it two months ago. The price of ETH will move up and try to hit a new ATH if bitcoin consistently rises during the bullish season. But if instead the price of bitcoin is stuck below $100k for a long time, then the price of ETH will likely find it difficult to hit its new ATH again.

However, this does not mean that expecting ETH to provide returns is wrong, especially when investors have accumulated it from 2022 until now. ETH may not be the best performing altcoin compared to others, but investors have also earned returns from it.

Isn't this a gamble when you also expect bitcoin to reach $100k? Because there is no 100% certainty that bitcoin will reach 100k USD during this bull season. Regarding bitcoin making ATH before halving comes from the approval of ETFs, and let's not forget that ETH ETF is also being proposed and its approval is only a matter of time. And if you can be sure that bitcoin will touch $100k this bull season, I also bet you that ETH will give better returns than bitcoin in this bull season.

Eth is the leading altcoin, second only to bitcoin, and it has also proven to be the king of altcoins and queen of the market over the years. Therefore, investing in it is no worse than bitcoin and is no less safe than bitcoin. There are a lot of bitcoin maximalists on the forum and it's understandable that they hate ETH or shitcoin. But that doesn't mean their assessment is right when it comes to ETH and altcoins. Maximalist bitcoin investors are not representative of this market and if you participate in other social networks you will see that the ETH community is not inferior to the BTC community.

BALIK

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Quote from: poodle63 on May 06, 2024, 09:59:59 PM

Quote from: philipma1957 on May 06, 2024, 06:57:32 PM

Frankly eth has seen its peak. It is not the best one to hold.

I disagree with this, current ethereum hasn't seen its peak or at least nowhere near it, it hasn't even hit its previous all time high, despite there are many coins staked through LST i don't know why but i'm sure that ethereum is just waiting for its time to finally see its peak probably hits 2 times of what all time high is currently.
meanwhile bitcoin is already hitting its all time high probably just gonna went up in the following months though, i'm sure that bitcoin gonna reach $100k in no time within this year.
so basically holding both could benefits a lot, it just requires patient but the profit is imminent rather its obvious that both of the coin gonna have bullrun its just around the corner.

even though i might be biased, since i hold ethereum a lot probably it made up my entire life saving, but i have done thorough analysis and i'm sure with my choice.

It would be biased and somewhat hateful towards ETH if someone said that ETH has reached its peak and has no more growth opportunities. Bitcoin has not yet touched $100k and the bull season has not yet arrived, so nothing can be said at the moment.

If ETH were truly useless and unreliable then hedge funds wouldn't be foolish enough to propose an ETH ETF, and while we won't see an ETH ETF approved this year anytime soon, it will happen in the future and is inevitable.

Bitcoin maximalists will consider ETH trash and they hate it, but other investors will know how much potential it has. Let's wait until the next bull season to know who is right and who is wrong instead of arguing now.

Topic: Will this stack make me a USD millionaire? - page 2. (Read 896 times)