Becoming rich owning all altcoins in 5 years?

[onlinehandelen]

Would one be super rich if one now bought 1000 of each altcoin under a dollar at the time of this writing 5 years from now?

[wedice]

I don't think so.

[onlinehandelen]

Thanks Wedice, but can you explain why?

[absy]

Would one be super rich if one now bought 1000 of each altcoin under a dollar at the time of this writing 5 years from now?

Can't say super rich because it depends on how big the coin has grown but yes certainly and I mean "certainly" you will be on profits . 500 to 600% profits I would say because one good coin is enough to make good profits.

Note: I assume you are asking about buying 1000 coins @1 dollar and not each coin worth a dollar.

[jjacob]

Would one be super rich if one now bought 1000 of each altcoin under a dollar at the time of this writing 5 years from now?

Do you know how many altcoins are there? Altcoins are a dime a dozen.
Hell, I would create an alt right now if I know I could make $1000 from you right away.

[onlinehandelen]

1000 from each altcoin under a dollar doesnt mean you will make 1000 on me unless you price them a dollar each.

[Spoetnik]

Thanks Wedice, but can you explain why?

Because most get delisted eventually and THEN no one wants to buy them for any price.

Since the only use these have is trading for profits on exchanges then it means when they get delisted they are pretty much dead.. unless they get back onto an exchange (VERY RARE)

Your money would be better spent playing the lottery or buying scratch & wins at the gas station.
Or..
Simply putting it into a basic savings account at any bank and leaving it there for 5 years.
The value in that is you WILL get a profit guaranteed.

If you want to play investor i urge you all to get on Google and research what a sound and intelligent investment actually is.
Problem is you guys won't have a forum to come here and create lots of accounts with to troll and and cry FUD all the time if you wait for a bank investment to to pay out in 5 years.

No fun unless you can come here and be a retard shill chanting innovationunz..
Gotta fire a hot load of bag hodler spam all our faces 24/7 fer teh ROI'z & teh LUL'z  

[Huge Black Woman]

Y'all buy 1000 pieces o' garbage, y'all still gon' have 1000 pieces o' garbage in a year, in 3 years, in 100 years!  These shitcoins is all goin' to tha grave, son.  What you besically axin' is if you gon' win the lottery, an' ain't no one on this forum can tell ya thet.  But you got ta realize thet the money ain't made wit' holdin' shitcoins, it'sa made by gittin' in an' out like a coked out day trada.  All you gon' have at the end of five years is a bunch of coins wit'out blockchains ta even trade 'em wit.  Do that answa it fo' ya?

[shinratensei_]

Would one be super rich if one now bought 1000 of each altcoin under a dollar at the time of this writing 5 years from now?

Look at ethereum. they were starting at 0.5 cents and the two years has passed and the ethereum price is currently stable at 13 dollars and which mean it can bring you a lot of the money. But all of the coin track depend on the project development.

[onlinehandelen]

Exactly, I now have GNT, XRP, Dash, Ether and BTC itself.

Any suggestions in which ones are good?

[ethereumhunter]

Would one be super rich if one now bought 1000 of each altcoin under a dollar at the time of this writing 5 years from now?

maybe he can be super rich if he buy the right altcoin and save it for 5 years from now but its difficult and really hard to predict the right coins unless you have time machine to go to future and see what coins that will stay in that time. i think the coins will stay exist in the market is because the dev take attention and really care with the coins and giving support for the coin.

[Spoetnik]

Would one be super rich if one now bought 1000 of each altcoin under a dollar at the time of this writing 5 years from now?

Look at ethereum. they were starting at 0.5 cents and the two years has passed and the ethereum price is currently stable at 13 dollars and which mean it can bring you a lot of the money. But all of the coin track depend on the project development.

Ethereum was manipulated and that took power & money.
It is a historic coin in scammyness.
It's launch was rigged and exploited.

It is the ultimate scam coin here in crypto history.
And you all played along for the profits.

AND you will AGAIN as long as it gives you ROI'z !
What does that take ?
A dev who can rig the coin to profit from and a team to spam and hype and then pump it.. nothing more.

[btcxyzzz]

Exactly, I now have GNT, XRP, Dash, Ether and BTC itself.

Any suggestions in which ones are good?

XRP and Dash are trash. Buy Monero.

[btcxyzzz]

Ethereum was manipulated and that took power & money.
It is a historic coin in scammyness.
It's launch was rigged and exploited.

It is the ultimate scam coin here in crypto history.
And you all played along for the profits.

AND you will AGAIN as long as it gives you ROI'z !
What does that take ?
A dev who can rig the coin to profit from and a team to spam and hype and then pump it.. nothing more.

As always, a pile of bullshit from spoetnik.

[andrei56]

Would one be super rich if one now bought 1000 of each altcoin under a dollar at the time of this writing 5 years from now?

I don’t think so, and the reason it is very simple, there are simply too many coins where you can put your money, if you have a crystal ball to predict which of those coins will be worth something then you may have a case but that is not possible.

[NorrisK]

Rich may be too big of a word, but if you do this, you will pick some of the to be gems up that will give you 10-100x ROI by that time.

On the other hand, you also lose a lot of value on most of the coins, severely impacting the overall returns.

[hdn]

Buy WBB , end of this year you will get lot of money.

[Herbert2020]

the explanation is simple. open an exchange website, and check out at least 100 cryptocurrencies and now see which one of them have been around for 5 years. you will be surprised to find out how that number is small. now see how their prices changed during the time they have been around. now check for 500 altcoins.

it is always possible that you buy an altcoin at $0.01 and it goes to the moon in 5 years and you make a fortune but the possibility of that altcoin disappearing is much higher.
the only thing that has a better possibility to rise is bitcoin and nothing else comes close.
some altcoins such as LTC and XMR have some chances of staying around and maybe rising a little but again the chances are low.

[Spoetnik]

Ethereum was manipulated and that took power & money.
It is a historic coin in scammyness.
It's launch was rigged and exploited.

It is the ultimate scam coin here in crypto history.
And you all played along for the profits.

AND you will AGAIN as long as it gives you ROI'z !
What does that take ?
A dev who can rig the coin to profit from and a team to spam and hype and then pump it.. nothing more.

As always, a pile of bullshit from spoetnik.

It wasn't from me..

When i posted my topic on ETH here being a scam in 2014 because of a sketchy ICO launch it was OTHERS on the forum that exposed they 0day buy up shenanigans.
Who is it you think was buying blocks of 100 BTC buy orders of the pointless sell of an ICO coin on launch in 2014 when no one had heard of it or had any interest (until 2 years later) ?
It was the fucking dev's etc of course.. duh
The same people who pumped it 2 years later and the same dev who admitted he dumped for a million dollars and had 4 million worth.
How did Butters get millions ?
See my page 1 topic where other people posted info on it in 2014

Myself and others pulled the mask off the Ethereum scammers faces.
You all choose not to see the ugly result..

[ETH] Ethereum = Scam

[TheAlgorithm]

No, of course not, because:
1.  Most of those altcoins will crash and burn, leaving many of your investments worthless.
2.  The ones which don't collapse soon will usually never make it over a dollar, especially the coins which don't matter.
3.  If they go up, you're likely to miss it if you're waiting several years as it won't be for long (altcoins are very volatile).

You need to check each altcoin for its legitimacy.  Some altcoins will rise in value, but they are usually established coins with relevant innovation rather than just another new attempt at a Bitcoin rip-off.