Topic: Will this stack make me a USD millionaire? (Read 911 times)

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.

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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 .

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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.

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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: fuguebtc on May 23, 2024, 07:54:45 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.

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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?

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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.

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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: jaberwock on May 19, 2024, 04:25:23 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.

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

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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.

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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.

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

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.

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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

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.

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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

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

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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'.

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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 .

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.

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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: justdimin on May 16, 2024, 06:07:42 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.

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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.

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.

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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.

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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: beerlover on May 08, 2024, 08:32:32 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.

Marvell1

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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.

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.

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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: poodle63 on May 06, 2024, 09:59:59 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.

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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.

justdimin

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

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

The topic was in February, so saying that it is possible now is easy because we are already over 650k, so 65% of the question is answered already, if he bought at that time, he would still be in super profit already, which would mean that he did the right thing if he did it.

I personally believe that you could increase the rate though, like instead of 1 to 10, maybe do 1 to 20, that seems like a better and closer deal, closer to 50-50% in the portfolio I mean, but you can keep it this way as well, I do not think that it would be that weird. In the end, we are talking about something that is taking some time, so it is not going to be a rush order, we already at May, so it is a few months, I think until 2025 or so, we will definitely have a chance.

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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.

philipma1957

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

~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.

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

BITCOIN4X

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~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.

Smack That Ace

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

I agree that ETH can be the main altcoin that performs well after bitcoin. ETH can provide decent return for investors and holders regardless of other users' sentiment towards it, but why would you really want to maintain a 1:10 ratio?

I know you have considered the plan very wisely despite the viewpoints of other users in this thread, but personally would not buy more ETH than bitcoin. If today I had a $100k budget to invest, then 10% of that budget I might consider buying ETH, the rest I would buy bitcoin. The price of ETH will rise higher only if the price of bitcoin rises high, meaning ETH is still very dependent on the bitcoin market rather than having its own power to rise high like bitcoin.

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.

Nrcewker

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Yes definitely this holdings can make you a millionaire. Bitcoins are constantly increasing in the price from the past few years. It has given huge returns to all the investors in very short period of time. If you are planning to hold 7 BTC only, then it will be alone sufficient to make you a millionaire. On the other hand ETH is also a good investment option, as it’s marketcap is high and along with Bitcoins, it’s price also increasing at constant pace.

bitterguy28

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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 a lot when you are calling till next bull run because that 7 bitcoin might be enough to bring you 1 million dollars and what more with 70 ethereum?if each ethereum reach 5 thousand dollars that is another 350k in which to be added in that 7 bitcoin that is a lot I believe .

X-ray

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even without ethereum you probably already on the right track to reach million if you just hold it until it reaches at least $120k and beyond.
many people have the same target anyway, so i believe it will happen, considering right now ETH gain isn't that spectacular as it was back then I believe that you better off investing in bitcoin alone in my opinion.
though i know that because ethereum is having lower capitalization might means something to you like better gain in the long term but really even bitcoin is gaining massively from $20k to $60k easy.
ethereum on the other hand hasn't reached all time high maybe because the buying pressure isn't that great, but maybe its also sign that the next rally the one that gonna gain big capital growth is ethereum.
but it could also probably mean ethereum isn't in that much demand anymore.
though your strategy of 1:10 ratio is pretty solid in my honest opinion you won't miss out anything if ethereum suddenly trying to break out and surpass previous all time high.

adaseb

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Quote from: adaseb on February 15, 2024, 12:12:37 AM

Right now ETH BTC is around 0.0523 or so. However this can change if the ETH etf is approved in May or so. If the etf is approved then you will make more holding ETH than BTC.

BTC is leading now but usually before it tops, some money goes into alts like ETH and it excels faster than bitcoin. Then it goes down to other alt like LTC. Eventually it tops and everything starts to decline.

So the smart move is to sell BTC when you see it topping and then sell the alts like ETH and go into stables.

I am pretty sure it won’t be approved in May. There is way too much regulation in this area and the “What if ETH is a security “ keeps coming up.

I just don’t see them approving the etf in May; almost nobody expects it to be approved. I think eventually it will be approved but it’ll be like the bitcoin etf, where it took pretty much almost a decade from the first rejection to the first approval.

tabas

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I was about to say to OP that with bluechip cryptos (BTC & ETH) will not move a lot anymore but after seeing how much you've got, you'd certainly gonna become a millionare with that stack for sure. But I don't want to give you the guarantee that you'd see that by 2025 but there's a big chance that you'll be part of the million dollars club soon. How I wish that I was able to stack just as you but I'm not and I'm just one of the small fish in the ocean but happily swimming with the big ones. Even having a 2x from both of your stack, you'd already become a millionaire. I can't wait to see that happen as it will be your happiest day ever.

Wexnident

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

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The 7 BTC and 70 ETH right now is roughly around $650k~ ish. But since we are considering by the end of 2025, and that I'm assuming a pump would actually happen by next year, said amount would probably be pretty close to a million. Heck most people are expecting 100k ish in BTC so that would already equate to 700k and since ETH (and most altcoins) closely follow BTC price, it'd be pretty safe to say that you'd get that one million by 2025. Tax not included yet though Wink

If you were selling exactly at the end of 2025, things might change since the market may drop though.

hatshepsut93

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Depends on what you mean by having $1 million. Touching that milestone is one thing, actually having it, meaning that your portfolio's average value during some long period like 1 year is $1 million is completely different. It could be that Bitcoin will touch $150M for example, but only for a few hours, and the average price of the bull run will be $80k.

For Ethereum I think most realistically it will be slowly going down from 0.05 BTC to 0.03 BTC in the coming years. Not hard to calculate that 1 BTC + x10 ETH is around 1.5 BTC now and would most likely be < 1.5 BTC in the future.

serjent05

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I don't feel like 2025 is the year for bitcoin and that you'd be able to hit that million by that year with just 7 bitcoins,

Who knows, according to the pattern seen on the history of Bitcoin price, 2025 should be the year for Bitcoin to record a new ATH that is more than 2x of it previous cycles's ATH. Bitcoin had performed this kind of pattern in its previous after halving event and is more likely to happen this post-halving event too.

If that happen then 7 BTC + 70 ETH would likely hit @OP's target price.

Quote from: philipma1957 on May 04, 2024, 07:51:13 PM

I'd say that it will be around 2030 or higher before you can hit that number, maybe you also need to focus on other things too, there's the fact that you can have that USD if it's enough to try and get yourself to move to a country that has a really favorable exchange rate with USD like the tropical countries in Asia, South America or maybe even in some Caribbean countries, find other ways to make money not just your work to increase your bitcoin investment and you can easily reach millions in USD if you do that.

I do not think profit from USD conversion can easily gain @OP a $1million total. Besides the fluctuation percentage of USD to other countries currency is not fixed and sometimes land on a negative so it will be a challenge for @OP and hard work for him to get his initial funds to a million dollars. Unlike in BTC he just need to wait for the market to hit his target price. Working and looking for other sources of income is out of the equation since @OP is just asking if his current holdings will give him $1million at the end of 2025.

_BlackStar

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To hold 70 eth may drag you down not raise you you up. 🆙

I rather hold 10 btc 0 eth and gold.

10 bitcoin x $100K= $1.000.000 - I think it is more likely to be achieved even before the end of 2025.

I can imagine other scenarios especially about the 1:10 ratio. The OP just needs to wait for the price of bitcoin to reach $100K while he has to hope for ETH worth $4285 to reach $1,000,000. Buying more bitcoin allows him to earn $1M faster than maintaining a 1:10 ratio - but it's up to him how to plan his future investments.

BITCOIN4X

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I agree that ETH can be the main altcoin that performs well after bitcoin. ETH can provide decent return for investors and holders regardless of other users' sentiment towards it, but why would you really want to maintain a 1:10 ratio?

I know you have considered the plan very wisely despite the viewpoints of other users in this thread, but personally would not buy more ETH than bitcoin. If today I had a $100k budget to invest, then 10% of that budget I might consider buying ETH, the rest I would buy bitcoin. The price of ETH will rise higher only if the price of bitcoin rises high, meaning ETH is still very dependent on the bitcoin market rather than having its own power to rise high like bitcoin.

philipma1957

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

I don't feel like 2025 is the year for bitcoin and that you'd be able to hit that million by that year with just 7 bitcoins, I'd say that it will be around 2030 or higher before you can hit that number, maybe you also need to focus on other things too, there's the fact that you can have that USD if it's enough to try and get yourself to move to a country that has a really favorable exchange rate with USD like the tropical countries in Asia, South America or maybe even in some Caribbean countries, find other ways to make money not just your work to increase your bitcoin investment and you can easily reach millions in USD if you do that.

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.

7 btc at 143k is 1,001,000

70 eth converted to gold would mean about. 220,000 usd in gold.

I would think 7 btc and 100 oz of gold would be a better hold and very likely get to 1,000,000 by dec 2025

Saint-loup

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