Will investing $10,000 in ETH and hodling make me rich by next year?

[quickie69]

If I invest $10,000 in ETH and hodl for 1 year...will I be rich? Just curious 

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[Leah38]

Good day! Investing on ETH is a good investment. Holding also a good idea. But I would also suggest you invest on a great and potential ICO which will give you profit. I as I speak for myself I don't let my money sleep that long. I'd rather diversify. Still its yours to decide what to do with your money.

[Sikka157]

If I invest $10,000 in ETH and hodl for 1 year...will I be rich? Just curious 

I doubt buying an hodling $10,000 worth of Ethereum will make you rich. You might double or triple your money but I would buy other altcoins for higher returns.
NEO-$5,000
DeepOnion-$2,500
Oyster Pearl-$2,500
There are more coins which might give higher returns but these are the ones where I feel safe investing my money.

[BMG86]

We are in a bear market right now, unless you day trade, I highly recommend not investing in anything until the market bottoms out.

[zorgo]

It depends what do you mean by "make me rich") Just keep in mind that for example, to make x2, krypto market capitalisation should be about $1 trillion, and to make x20, market cap should be about $10 trillions, more than gold capitalisation for example.

[Dragonrage201]

It may not make you very rich but most likely will increase your money many times.
For higher returns, need to invest  in high potential ICOs and lower market cap coins.

[matthewoz101]

Honestly, Ethereum may be a safe investment and double/triple your money for sure. I'd recommend NEO because there will be higher returns and you'll get a little bit of money from the gas you'll collect.

According to Justin Sun, Ethereum isn't scalable and Tron will solve that problem. TRX/OCN will bring much greater returns if you plan on holding for a year or two.

Just my opinion though. Do research and don't invest off of emotions.

[Magica]

Don't put all your eggs in one basket. Invest in other currencies as well.
In my opinion, you should buy those coins that have less volume. You don't need to get too technical and study the whole whitepaper. Study their price chart and the special features of that coin.

[unusualfacts30]

If I invest $10,000 in ETH and hodl for 1 year...will I be rich? Just curious  

depends on what you consider rich. ETH is safe investment in my opinion but where it gets in one year depends on lot of things like regulation, banning and overall development.

[sweerty1]

It is going to be good investment as ethereum will do probably like 2x or even 3x more. But I think those times that you become rich by investing 10k dollars in ethereum are GONE. Ethereum already has huge cap.

[Fulmand]

If I invest $10,000 in ETH and hodl for 1 year...will I be rich? Just curious  

depends on what you consider rich. ETH is safe investment in my opinion but where it gets in one year depends on lot of things like regulation, banning and overall development.

Ethereum is the hottest crypto in the global market. Honestly,  speaking of richness I guess it totally depends because the value of ETH might oscillate from time to time and is very unpredictable.  A lot of factors has to be considered with this issue before making a firm conclusion,  but despite its volatility it surely is profitable and can satisfactorily ncrease one's income.

[hase0278]

If I invest $10,000 in ETH and hodl for 1 year...will I be rich? Just curious  

It depends on how it's price will move but it is very likely that you will not be reach after holding that for 1 year, I think crazy price movements will not be seen for a while. Still it is a good investment but If that was your whole stash then I recommend you not to put it all in ETH. That way, there are more chances for profit, and you won't regret your decision if ever ETH goes sideways for one whole year.

[trollercoaster]

Relatively speaking, yes. It would almost double, maybe triple your money, but in crypto universe you can get a much higher return from your investment. So, check out the other altcoins suggested here, do your research, make up your own mind. Don't limit yourself, this world has no limits, no boundries.

[pacifista]

If I invest $10,000 in ETH and hodl for 1 year...will I be rich? Just curious 

Yes, if you have the guts to risk that huge amount of money. If you invest you must accept anything that will happen. 10,000 is a lot of money and if youre too lucky on eth that you pick to invest it might  x100 your investment.

[sakokinak]

If I invest $10,000 in ETH and hodl for 1 year...will I be rich? Just curious 

I’m not quite sure what does “rich” mean for you definitely, you won’t become a millionaire in 1 year. But still ETH is one of the best altcoins for long-term investments, so you can make much of investment in it.

[clrpod]

If I invest $10,000 in ETH and hodl for 1 year...will I be rich? Just curious 

Yes, if you have the guts to risk that huge amount of money. If you invest you must accept anything that will happen. 10,000 is a lot of money and if youre too lucky on eth that you pick to invest it might  x100 your investment.

There's a near 0 percent chance that ETH is going to go 100x in value in the next year. I'd be surprised if it goes 5-10x.

Depending on what the definition of rich is is your answer. I would expect you'd get a return between 20-50k.

[blozo]

You will not be tremendous reach (Ethereum market cap is already considerable) but you will have a good ROI

Then in 5 years, we'll see :-)

[justin86]

It will probably not make 10x, even if it makes 10x, that $100k does not make you rich. Find a coin that has just started like oax. If you invested $10k in ether when it was $10, you would be rich. If you invest $10k in oax when it has just started, you may be very rich, but I don't say this can make you rich, do your own research  

[thedarksun]

If you invest 10 000 dollars in Ethereum and you will wait one year your amount should increase twice. But i think you will get more so it is good investment

[Kulllianll]

All the same, I recommend that you buy 3-4 coins in addition to the air. So the portfolio will be more reliable.