"Why anyone who invests 5,000$ now in bitcoin will be millionaire by 2025"
5000usd to 1 million means 200x. That would mean a market cap of 22 trillion.
It's a possibility but saying it will happen is just foolish. Way too many assumptions.
Ripple had a crazy year so far as far as partnerships announced.
Which just shows how bad the market is at valuing anything related to new technologies.
As of this moment, according to coinmarketcap.com, bitcoin is valued at 6900$ (around 66% devaluation from the 20,000$ peak) and Ethereum 380$. Worst estimates place it around 6,000$ in the next days/weeks.
But as we all know, these estimates are just guesses and in reality no one has a clue. Obviously some estimates will be correct just by chance because there are so many of them.
The next thing we need to look out aswell is the altcoin market. The next Google may already have had their ICO and we don't have our buy in (I'm going to provide a list of projects that I believe will succeed) because, unfortunately, western companies have banned ICO advertisement
(Google, Facebook and Twitter). But if there's a will, there's a way. I suggest using
https://desearch.com or even
https://duckduckgo.com - alternative search engines to Google - to help with the research (beware of scams, please).
Why is it important to move your money between the different tokens?Some people have noticed that money usually flows from bitcoin and the main currencies to the altcoin market, after great bitcoin valorizations. This is where the opportunity for us, investors, presents itself to be capitalized on. A good hodler that buys in the cryptomarket now and takes advantage of these fluctuations should easily become very wealthy in the course of 7 years, admitting that the cryptomarket won't crash for some crazy reason (which should be very hard at this point).
Altcoins, tokens, ICO's protocols whatever we call them are very very risky. Sure they could make anyone rich but it isn't given. They are like startups. Knowing which ones will succeed and which won't is incredibly difficult. At least 9 out of 10 will eventually fail.
Twitter CEO said Bitcoin can be the future currency
And many have said that it can't.
With Bitcoin leading the pack (even though Ethereum is running to overtake it maybe this year)
Might as well flip a coin.
My ListNagaCoin ~ 0.49$RequestNetwork ~ 0.16$
Polymath ~0.30$
Ardor ~ 0.22$
COSS Coin ~ 0.18$Bancor ~ 2.17$
SingularityNet ~ 0.11$SWFTC ~ 0.008$
Blackmoon ~ 0.55$
Sirin Labs ~ 0.23$Hicky (ICO completed recently, still not listed)
NOTE I:I highlighted my favourite ones for either long term reasons or because pays dividends
NOTE II:I did not provide the necessary links for the content I reported here but for anyone interested, a quick search will answer all questions
Good luck out there
Can you provide some reasons behind these choices?
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