I've read a lot of articles about people claiming bitcoin will be worth millions in the future, for example John mcAfee recently said bitcoin will be 500K in 3 years.
Now, imagine if this was true, and it was in fact 500K/BTC. The total market cap would then be 10.500.000.000.000, or about 10 trillion dollars. This is an unbelievable and unachievable amount of money. Even if we ignore the market caps, imagine how many people would become rich? Millions would become millionairs, hundreds would become billionaires, all in a matter of 3 years. This would cripple the global economy as we know it.
My best guess is that, in 10 years, bitcoin might be around it's absolute peak of 30K, giving it a total market cap of about 630.000.000.000$, or 630 billion. The total market cap of cryptos would then be around 2 trillion if the some of the better alts gain more traction. I believe this is fairly realistic. This means BTC would have to rise with around 7 - 8$ a day.
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Your logic is weird. People who invest early in successful companies/assets always end up with a shit lot of money later on. Early adopters are taking a tremendous amount of risk and they get rewarded for it justifiably. Think of the guys who invested in Microsoft or Apple very early on and held on to their shares for a decade. Those guys are rich beyond their dreams. Warren Buffet is one of the richest person in the world because he invested in all the right places at a very early age. Why do you it think is any different for Bitcoin? Early adopters will get filthy rich (they already are). There will be a new class of millionaires and billionaires. Wasn't this case during the dotcom bubble too? Lots of people got crazy rich during that time. Same thing will happen with cryptocurrencies. People adopting now will get rich. For people adopting 10 years later, it will be just another asset giving 5-10% ROI a year. It's all about risk vs reward premium. Unlike companies, cryptocurrencies have no national border. So while calculating marketcap we can't just compare it to Amazon or any other company. Cypto's reach is global and possibility of much large marketcaps. Having said all this, there is no guarantee Bitcoin will be the dominant coin of the future. Most altcoins are technologically far superior to Bitcoin. It's questionable how long the network effect will keep Bitcoin at No.1. With the impending hard fork on August 1, the flippening might finally happen. I wouldn't call my logic weird, per se. I just get fed up with a lot of people who think bitcoin will reach the stars because 'they want it bad enough and their heart is pure'. You must understand that in order for a bitcoin to be worth 30K, someone has to buy this coin believing it will go higher. True, there might be a lot of crypto millionaires and billionaires, but as soon as they try to cash out, the markets will drop again. That's the (only) problem with cryptos; the price will not be fixed, meaning that when someone takes out his fiat money, bitcoins price will drop. When one thousand holders all cash out 30K, the price will drop further. Also, you can't compare an extremely young asset class to one of the most dominant and globally accepted assets in the world. Gold has been a standard for wealth and security for thousands of years. I agree bitcoin can definitely take golds place in a few decades, but you have to realise most people today are highly sceptical and conservative. Last, the flippening will never happen. People are realising slowly but steadily that there's no company on earth interested in using ethereums token, they're only interested in the tech and possibly the chain. Plus, there are a lot of materials and metals better than gold, more valuable, more rare, more pure, yet gold remains the ultimate standard. Bitcoin will forever remain the first crypto, the one above all. Most future investors will be looking for a safe investment that gives a better ROI than the bank. They won't go looking for coins they don't understand if bitcoin is right in front of them. Also, august 1st will be a non event, the upcoming fork is planned for november. If anything, august 1st will have a very small dip, nothing more. |
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I've read a lot of articles about people claiming bitcoin will be worth millions in the future, for example John mcAfee recently said bitcoin will be 500K in 3 years.
Now, imagine if this was true, and it was in fact 500K/BTC. The total market cap would then be 10.500.000.000.000, or about 10 trillion dollars. This is an unbelievable and unachievable amount of money. Even if we ignore the market caps, imagine how many people would become rich? Millions would become millionairs, hundreds would become billionaires, all in a matter of 3 years. This would cripple the global economy as we know it.
My best guess is that, in 10 years, bitcoin might be around it's absolute peak of 30K, giving it a total market cap of about 630.000.000.000$, or 630 billion. The total market cap of cryptos would then be around 2 trillion if the some of the better alts gain more traction. I believe this is fairly realistic. This means BTC would have to rise with around 7 - 8$ a day.
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If you are basing this on what McAfee said, then I would say you actually dignify him by creating a thread in his honour and based on your calculation I see it largely impossible for 500k to be achieved in 3 years maybe in the future when the whole countries in the world is being represented like we have in forex, but not in 2020 at all. However, the 30k is possible but at the same time not without its own challenges which I don't see not coming on a regular basis to swing the price backwards. The mcAfee one is just one I read a few days ago, there's tonnes of articles, videos, blogs and such from people talking about a 7-digit bitcoin within this decade. |
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How do we participate? Do we need ETH to buy Stox or can we buy with BTC as well? I've never participated in an ICO so not quite sure.
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I've read a lot of articles about people claiming bitcoin will be worth millions in the future, for example John mcAfee recently said bitcoin will be 500K in 3 years.
Now, imagine if this was true, and it was in fact 500K/BTC. The total market cap would then be 10.500.000.000.000, or about 10 quadrillion dollars. That's about 10 times as much as all the money in the world (allthough I'm not quite sure if this is accurate). Still, that's an unbelievable and unachievable amount of money. Even if we ignore the market caps, imagine how many people would become rich? Millions would become millionairs, hundreds would become billionaires, all in a matter of 3 years. This would cripple the global economy as we know it.
My best guess is that, in 10 years, bitcoin might be around it's absolute peak of 30K, giving it a total market cap of about 630.000.000.000$, or 630 billion. The total market cap of cryptos would then be around 2 trillion if the some of the better alts gain more traction. I believe this is fairly realistic. This means BTC would have to rise with around 7 - 8$ a day.
I think you got the maths wrong  At $500k per coin the market cap is $10 trillion, a little over gold's market cap Edit to add: your maths is right but the $10.500.000.000.000 you get is $10 trillion, not $10 quadrillion Right, thanks! |
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Minereum will go 1000% by the end of this year, giving it a value of around 20$.
Antshares/NEO also has a lot of potential, and could easily see a 100% rise, probably 200% by the end of this year.
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I've read a lot of articles about people claiming bitcoin will be worth millions in the future, for example John mcAfee recently said bitcoin will be 500K in 3 years.
Now, imagine if this was true, and it was in fact 500K/BTC. The total market cap would then be 10.500.000.000.000, or about 10 trillion dollars. This is an unbelievable and unachievable amount of money. Even if we ignore the market caps, imagine how many people would become rich? Millions would become millionairs, hundreds would become billionaires, all in a matter of 3 years. This would cripple the global economy as we know it.
My best guess is that, in 10 years, bitcoin might be around it's absolute peak of 30K, giving it a total market cap of about 630.000.000.000$, or 630 billion. The total market cap of cryptos would then be around 2 trillion if the some of the better alts gain more traction. I believe this is fairly realistic. This means BTC would have to rise with around 7 - 8$ a day.
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Definitely a good buy. Obviously i'm a holder but I plan on buying some more after august 1st, seems like a good time to sit back and observe, even though it's very likely nothing is going to happen, there's still the human factor that we need to take into account. A dumb crowd can panic sell very easily by the mere sign of a small sell off, so antshares might share in that dip/crash. Maybe we'll see the price go back down to 3 or 4$, but honestly anything below 10$ per antshare is a bargain, I can see this coin go up to 400 like it's western brother ETH. Imagine having a couple hundred of these badboys. Buy in now, and profit in less than 2 years when the chinese market explodes.
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Next 3 years, BTC will be 30000US, ETH will be 3000 US, IOTA will be 500 US, LTE will be 500 US.
Do you believe it? How do you think all next 3 years.
you are just posting random stuff but ok i'll bite! bitcoin to 30K in 3 years: i don't know. it is hard to say. if we continue on this path upwards and if the scaling debates end soon within reasonable time we can see a much faster rise. in 3 years something around 8K is more logical in my opinion. ETH: i highly doubt it. the pumping team has proven to be very powerful but don't forget that currently there are 90+ million coins available and in 3 years there will be 400 million coins in circulation (more than 27000 ETH is created daily!!!) and nobody can pump a coin with that much supply to anything above 1-10 dollar. look at doge if you don't believe me. and if they finally cap it and change the POW it will probably die after a much shorter time because many will dump and leave it since it is no longer profitable for them. IOTA: i don't see any reason for this coin to go anywhere! it seems to be very new so it is not easy to say anything about it. and each year there is always a new up and coming coin that takes the altcoin market by surprise and that was ETH this year and next year will be another one. I agree on the bitcoin price you expect, maybe 10K if adoption goes a little bit faster than planned. Concerning your ETH comment, wasn't 93 million the total max supply? |
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a quick x10 or x100 isn't an organic growth. You'll have to find very cheap coins that are prone to being pumped. May I recommend startcoin, watch the graphs, it can definitely see a x10 growth. If you're looking for a longterm x100 I recommend antshares, it's got massive potential.
I don't recommend this strategy, as you need a lot of luck. Personally, i try to hold the coins I believe in, and use a little bit of coins to generate an extra income by buying the dips and selling the highs. Haven't come across a quick x10 in a long time though, yet startcoin might just do that.
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I'm convinced the following coins could achieve that or even surpass that:
1) Antshares: still incredibly cheap at 7$, antshares possess the same benefits and properties as ethereum, but are mined in China. China doesn't like Ethereum, so if they'd want to invest in a similar coin, which they will, antshares will be that coin. I believe this coin could reach triple digits by 2020, more precisely about 200$ a coin, giving it a 20 billion marketcap and a x28 increase in value.
2) Minereum: the first self mining smart contract coin, MNE will be a close competitor for bringing cryptocurrency right up to the doorstep of the mass population. They enable quick and easy token creation, they're building the minereum world app which will allow you to go out and earn minereum like pokemon go, and they're building the minereum v2 coin which can only be bought with the original coins. When you buy them, the original coins get burned, deflating the coin gradually, giving it more value each time. Right now it trades at around 3$, the ATH of 12,5 will be surpassed by the end of the year, and I believe we could see a 50$ MNE by the end of 2018, giving it a marketcap of around 100 million (depending on how many coins get burned).
3) Startcoin: the cheapest coin on my list, startcoin is valued at 0.03$ today, and has seen an ATH of around 0.4$. As the name suggests, startcoin is a coin built for startups and crowdfunding, which in todays world is a true goldmine. By sharing a project, you can earn startcoin yourself, which you can later invest in new projects, or hold of course. The team strives to create a stable coin, which I believe will attract a lot of investors that don't want to take too much risk. I believe this coin will end up at around 0.2$ by the end of 2018, and it could see occasional spikes to 1$.
My estimates come from my own research (how do the devs work? What is expected from this coin? Is it volatile? Does it fill a hole in the market? Is it gradually rising or not? ...) and advice from experts I personally work with.
Start Coin is dead mate, are you on smack? Doubt it, my friend. People said litecoin was dead. All startcoin needs is a little push and up it goes; we can already see the volume gradually rise back up. Maybe I was a bit optimistic, but we could definitely see it go up to 10 cent/coin, which would still be a 300% increase in price. |
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August is fast approaching, I' think after that MNE will hit 40-60 USD easy.  I did not think so. The price cannot up to 40-60 USD so faster before the the dev claim get great progress in MNE. wait the good news from dev!! Are you sur mne will be hit 40_60 USD,maybe you just dreaming  40-60$ is not possible this year or the next, I think by 2020 it could be worth that but only in certain circumstances. Remember MNEv2 is coming out soon, and eventhough you need the first coin to buy them, we don't know how many coins will be sold, and therefore how many MNE will be bought and burned. Overall with a limited supply and automatic deflation of the coin, I think MNE could prove to become very valuable, and I'm definitely accumulating, but my best guess is that 25$/coin is a very realistic bet for 2018. |
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The real crash won't happen at august 1st. The expected fork is planned for november, so after august 1st buy a few coins (because it's likely it'll drop due to FUD) and hold until mid october. That's when you should pay very close attention, and possibly sell most of your bitcoin holdings and buy back cheap after the crash
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I'm convinced the following coins could achieve that or even surpass that:
1) Antshares: still incredibly cheap at 7$, antshares possess the same benefits and properties as ethereum, but are mined in China. China doesn't like Ethereum, so if they'd want to invest in a similar coin, which they will, antshares will be that coin. I believe this coin could reach triple digits by 2020, more precisely about 200$ a coin, giving it a 20 billion marketcap and a x28 increase in value.
2) Minereum: the first self mining smart contract coin, MNE will be a close competitor for bringing cryptocurrency right up to the doorstep of the mass population. They enable quick and easy token creation, they're building the minereum world app which will allow you to go out and earn minereum like pokemon go, and they're building the minereum v2 coin which can only be bought with the original coins. When you buy them, the original coins get burned, deflating the coin gradually, giving it more value each time. Right now it trades at around 3$, the ATH of 12,5 will be surpassed by the end of the year, and I believe we could see a 50$ MNE by the end of 2018, giving it a marketcap of around 100 million (depending on how many coins get burned).
3) Startcoin: the cheapest coin on my list, startcoin is valued at 0.03$ today, and has seen an ATH of around 0.4$. As the name suggests, startcoin is a coin built for startups and crowdfunding, which in todays world is a true goldmine. By sharing a project, you can earn startcoin yourself, which you can later invest in new projects, or hold of course. The team strives to create a stable coin, which I believe will attract a lot of investors that don't want to take too much risk. I believe this coin will end up at around 0.2$ by the end of 2018, and it could see occasional spikes to 1$.
My estimates come from my own research (how do the devs work? What is expected from this coin? Is it volatile? Does it fill a hole in the market? Is it gradually rising or not? ...) and advice from experts I personally work with.
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1) Bitcoin, obviously. Best chance for a coin to get world adoption, as it has more use than ethereum. Could go as far as 30K in 10 years (x15)
2) Antshares, Chinas own ethereum blockchain coin, still valued at around 6$ so price could go to 600$ in a matter of 5-10 years. (x100)
3) Ethereum, because it's backed by a lot of good companies that will provide trust. Could go to 3000$ in 5-10 years (x15)
4) Minereum, self mining smart contract token, burns tokens when used to buy the upcoming mne2 so it's value will rise organically, will come out with minereum world app that also has a really good chance at enabling world adoption. Could go up to 100$ in 5-10 years (x50)
5) Startcoin, great platform for funding startups, great working team behind it, incredibly cheap right now. Could go up to 5$ in 10 years (x170)
6) NEM, so called bitcoin killer, better, faster, and still really cheap. Could go up to 5$ in 10 years (x40)
7) SIA, great cloud storage alternative to dropbox, still down after heavy hit from recent dip, could go up to 0,20$ (x30)
8 ) LBRY credits, will help content creators get paid more without costing more for the users, has potential to overthrow youtube and netflix in time. I believe this coin needs more time than the others, but in 10 years we could see 3$ (x10), in 20 years it could be up to 10$.
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It was troubling to see MNE go down from the ATH a while ago, never thought it would go to this level.
I guess you could say this is fair value now, I hope it goes back to ATH within this summer season.
Well you got to remember this coin is barely 3 months old. We saw the usual triple top pattern and it collapsed, just like with dozens of other coins. I believe by august we'll see it trading steadily at around 4-6$ given the decreasing fear in cryptoland, by november at around 3-10 with a lot more volatility as the hardfork will probably happen by then, in about one year it'll probably trade at around 20-30$, depending on the popularity of the world app and the new token. Great coin with a lot of potential to bring cryptos closer to the mass population |
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Buy POSW aka Poswallet. It's on the floor, can't get lower, good updates coming. It will eventually get its good huge pump to a new ATH, just like all these other coins that randomly get pumped. Can't go wrong with holding some POSW.
Absolutely terrible reason for investing in a coin, if you only assume it's gonna go up because 'it will eventually get its good huge pump ... just like all these other coins that randomly get pumped'. Investing is always kind of a gamble, but if you believe in a coin, if it serves a purpose and if the devs are actually doing what they claim they will do, then you have a coin that's worthy of being invested in. Otherwise you're just funding a potential pump and dump, which is very risky and only makes a handful of investors rich. If you want to build wealth, buy, hold, and accumulate less than a dozen different coins and watch them grow. You won't earn 100K with a 1K investment right away, but over time (+-10 years) you will have acumulated a whole bunch of coins worth 50 times each more than what you first paid for them. Believe me, this is the long yet easy way to build wealth. You might get lucky with a pump and dump, sure, but you have a vastly greater chance of becoming a millionaire in 10 years by accumulating bitcoin and a few other great altcoins right now. Buy the dips, sell a little bit during the highs and use that profit to accumulate even more. You'll be able to accumulate 1 or 2 bitcoins a year, and by the time they're worth 50K a piece you'll have 10 or 20 of them, and the same goes for the alts. By now they're worth no more than a couple of bucks a piece, so if you start accumulating now, and get a few hundred each year, again buying the dips and selling the highs to accumulate more, you'll have tens of thousands by the time they're worth 10, 20, 50, 100 bucks each. This is how you build wealth. More importantly, you'll learn how to read graphs, how to control your emotions during crashes, basically how to work with your money the way a sophisticated investor does, which means you'll be able to keep building your wealth all your life. Getting lucky doesn't teach you anything, I'm afraid. There are good reasons to get on POSW aka Poswallet. The total supply, the circulating supply, the current price, the fact that ETH will go PoS and will get added in there is a big plus and will bring a bunch of noobs for easy staking while also staking a lot of other coins at the same time. Look those are good reasons right there, but you wouldn't believe how many of my clients came to ask for help because they simply didn't have a strategy, or they go with 'coin xyz will grow because it's a lot lower than it's all time high, right?' |
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I'm sure it will be trading back around 4 - 6$ by the end of july, you could still get a nice bargain today, personally I bought at 2,5$
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Well, as of today there are a lot of important investors talking about BTC reaching USD 500'000 in three years, so I think we could expect ETH to be around USD 200,000 or USD 250,000 by then. I think is possible because I expect a sequence of major events happening in the coming years regarding crypto currencies.
Fool, you have no idea what you're talking about, and clearly neither do those investors. Do you realise what you're saying, what they're saying? 99,999% sure those guys have a tonne of money stashed in BTC and ETH. They want people to believe it's possible, so they say stuff like that. If BTC is worth 500K and ETH 250K, we're talking about a total global marketcap of cryptos of about 20 trillion. That's about 1/4th of all the money in the world, and that's not counting other massive coins like XRP or LTC. Also, if someone buys BTC at 500K, they believe it will go even higher. Making claims like this shows how little you know of our economy, and how blatantly those so called 'experts' are willing to lie for their own gains. From what I believe from my own extensive research and 4 year experience as a financial expert and consultant is that BTC could reach 30K within 10 years IF global adoption happens according to plan, with ETH reaching about 4K, as that it's backed by companies the consumer trusts (microsoft, jp morgan, ...). I also believe it won't go much above that. Everything has it's limit. Last, if you want to become rich, like we all do, don't just buy, hold and hope for the price to go x100; buy, hold and accumulate. Investing 300$ a month, 200 in BTC, 50 in ETH and 50 in a different alt (may I recommend START, ANS or MNE), will grow your assets in a slow but steady way. In 10 years, you'll have about 15btc (if you managed to sell at highs to invest back in dips) which will be worth 450K. You'll also have around 15ETH, which will be worth around 50K as well. Last, your alts, lets say you've accumulated ANS. I believe it could easily be worth 200$ within 10 years (basically its Chinas ETH), so if you buy for 60$ every month, again following the btc strategy of selling high and buying back low, you should have a bag of about 150 ANS, adding another 30K to your worth. Don't forget that you bought your entire holdings with a total of 36K, and you ended up with a total capital of about 530K, by investing a mere 300$ a month. With 530K, you can buy 4 decent appartments where I live (Belgium), which will give you a rental income of about 3K a month, which where I live means you don't have to work anymore. I would not be one of your clients.. for sure Don't worry, you never will. My answer wasn't personal btw, I have nothing against you, but what you were saying makes no sense whatsoever. People expect to be like the guys they read about, the guys who put 200$ in a coin and getting 200K out of it just like that, like the guys that invested in bitcoin in 2010 and are now buying mansions. They believe that if nothing stops a tree from growing it will eventually reach the sky. I'm sorry but it simply doesn't work that way. Maybe you get lucky, maybe you find a coin that the market doesn't know about yet, or an ICO with a new perspective, but the chances of that happening are very very small, plus they get smaller every day because the market is saturating rapidly. Sure, there are still a number of coins with a lot of potential profits, like I said Antshares could still rise with 2000% because of the open market in China, but my strategy is proven to work, every single time, without the need for luck. It takes longer, but it's a lot less risky and offers great longterm profits. One of my clients, a 35 year old, has made over 20K in profits over the last 3 years, and I believe by the time he's 40-45 him and his wife will be able to fully retire. That's my goal, to allow my clients to quit their jobs as fast as possible, and I don't get the results I get because I occasionally get lucky. Your strategy, I assume, is a strategy that would've worked very well back in 2010. But guess what, people know about cryptocoins these day, I get friends and family asking me about it every day, I read about it in mainstream newspapers every week. The markets have changed, but your strategy hasn't I presume. I'm 25 myself, and my strategy will allow me to retire comfortably within 10 years. You could get there quicker, sure, but the vast majority of people who literally gamble with cryptocoins will not. I mean...you called me a fool....The fact that I don't have the same strategy than you does not mean that I don't know how to make money and I couldn't be a private banking client. I work at an investment bank and I have wealth management experience, and enough wealth to be a private banking client already BTW. You're talking about scaling or 'average' a position investing small amounts of money. Any strategy or financial advisor would never ever guarantee their clients that they will retire in a certain amount of time. You're only 25, so you re just an inexperienced guy telling people what to buy and sell and how. Do you know how to build a well diversified portfolio? managing geographical, industrial, currency, and political risks??. I bet you don't. You still learning kid. BTW, I don't know any legit and real financial institution that would promote or hire a 25 year old 'financial advisor'. To sum up, Ethereum has lots of potential. For the price to go up steady to 1000 or 4000 gamblers and people who don't know what they are doing should leave the market. Therefore, the price will find a balance. Like I said, I'm not telling you that doesn't work. My original comment was about you saying that BTC is expected to reach half a million in 3 years (I also read about mcAfee claiming this) and ETH a quarter mil. My question to you is if you realise what it would take for it to reach that level? 3 years is about 1.000 days, meaning bitcoin would have to gain, on average, a little under 500$ a day. No whale would allow this without cashing out big time every single day of those 3 years. Second, I don't guarantee anything, and I don't only work with cryptos or investors, I take care of peoples retirement plans as well, some of which are extremely low risk, others are extremely high risk. Mostly, however, I get people asking me how to invest in cryptos in a safe way. The absolute best way in my opinion is to therefore gradually invest a small amount every week if the circumstances are right. Third, I started working in finance and insurance when I was 18 with my uncle who used to have his own consultancy business. I have seen a lot of people lose money as a result of reckless investing, and allthough it's fun and exciting to 'gamble', it's not for everyone, in fact none of my clients do. I have also worked with top investors and consultants, including one of the only Belgian billionaires. I have learned how to guide people in building a solid portfolio including property investments, insurance, stocks, startups, and many more, all without taking unnecessary risks. That's why none of them are millionaires after a few years of investing, but also none of them have lost any money in the long haul, and all of them are steadily building their wealth in a way they fully understand. Fourth, I'm definitely still learning, all of us are because this market is barely a decade old. With your last point I definitely agree. A volatile market is a market with a lot of unsure traders, people who trade with emotion rather than strategies. They will indeed leave the market, but it will take a hell of a lot longer than 3 years, I'm afraid, as the vast majority of the world is still getting to know Bitcoin, let alone the alts. |
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Well, as of today there are a lot of important investors talking about BTC reaching USD 500'000 in three years, so I think we could expect ETH to be around USD 200,000 or USD 250,000 by then. I think is possible because I expect a sequence of major events happening in the coming years regarding crypto currencies.
Fool, you have no idea what you're talking about, and clearly neither do those investors. Do you realise what you're saying, what they're saying? 99,999% sure those guys have a tonne of money stashed in BTC and ETH. They want people to believe it's possible, so they say stuff like that. If BTC is worth 500K and ETH 250K, we're talking about a total global marketcap of cryptos of about 20 trillion. That's about 1/4th of all the money in the world, and that's not counting other massive coins like XRP or LTC. Also, if someone buys BTC at 500K, they believe it will go even higher. Making claims like this shows how little you know of our economy, and how blatantly those so called 'experts' are willing to lie for their own gains. From what I believe from my own extensive research and 4 year experience as a financial expert and consultant is that BTC could reach 30K within 10 years IF global adoption happens according to plan, with ETH reaching about 4K, as that it's backed by companies the consumer trusts (microsoft, jp morgan, ...). I also believe it won't go much above that. Everything has it's limit. Last, if you want to become rich, like we all do, don't just buy, hold and hope for the price to go x100; buy, hold and accumulate. Investing 300$ a month, 200 in BTC, 50 in ETH and 50 in a different alt (may I recommend START, ANS or MNE), will grow your assets in a slow but steady way. In 10 years, you'll have about 15btc (if you managed to sell at highs to invest back in dips) which will be worth 450K. You'll also have around 15ETH, which will be worth around 50K as well. Last, your alts, lets say you've accumulated ANS. I believe it could easily be worth 200$ within 10 years (basically its Chinas ETH), so if you buy for 60$ every month, again following the btc strategy of selling high and buying back low, you should have a bag of about 150 ANS, adding another 30K to your worth. Don't forget that you bought your entire holdings with a total of 36K, and you ended up with a total capital of about 530K, by investing a mere 300$ a month. With 530K, you can buy 4 decent appartments where I live (Belgium), which will give you a rental income of about 3K a month, which where I live means you don't have to work anymore. I would not be one of your clients.. for sure Don't worry, you never will. My answer wasn't personal btw, I have nothing against you, but what you were saying makes no sense whatsoever. People expect to be like the guys they read about, the guys who put 200$ in a coin and getting 200K out of it just like that, like the guys that invested in bitcoin in 2010 and are now buying mansions. They believe that if nothing stops a tree from growing it will eventually reach the sky. I'm sorry but it simply doesn't work that way. Maybe you get lucky, maybe you find a coin that the market doesn't know about yet, or an ICO with a new perspective, but the chances of that happening are very very small, plus they get smaller every day because the market is saturating rapidly. Sure, there are still a number of coins with a lot of potential profits, like I said Antshares could still rise with 2000% because of the open market in China, but my strategy is proven to work, every single time, without the need for luck. It takes longer, but it's a lot less risky and offers great longterm profits. One of my clients, a 35 year old, has made over 20K in profits over the last 3 years, and I believe by the time he's 40-45 him and his wife will be able to fully retire. That's my goal, to allow my clients to quit their jobs as fast as possible, and I don't get the results I get because I occasionally get lucky. Your strategy, I assume, is a strategy that would've worked very well back in 2010. But guess what, people know about cryptocoins these day, I get friends and family asking me about it every day, I read about it in mainstream newspapers every week. The markets have changed, but your strategy hasn't I presume. I'm 25 myself, and my strategy will allow me to retire comfortably within 10 years. You could get there quicker, sure, but the vast majority of people who literally gamble with cryptocoins will not. |
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Hey guys, I believe ETH could see a fall back to around 100$ as a result of the increasing FUD concerning the possible split. Basically ETH isn't doing all that well trustwise, as there have been a lot of rumors surrounding whales getting ready for a new dump, what do you think?
If you make your decisions based in rumors and FUD, you shouldn't be risking your money in any investment. I created this post because I'll be taking a trip next week which will leave me unable to trade for a few weeks. Also, what do you think drives the market? Remember when it was rumored the creator of ETH had died? What did ethers price do, if I may ask? People drive the market, and rumors move the masses. Don't be naive and tell me the rumors and FUD don't have a massive impact on trading volumes, especially now when there might be a possible hardfork of bitcoin coming |
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