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

[kristensoto]

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

i think if you want to have profit from holding for long term then just investing in ETH is a good idea but it may not have as much as profit than investing in many altcoins, of course i believe ETH price will encrease in the future but it may not be as much as many altcoins combined and more risky when you just invest in one specific ETH.

[marketone]

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

i think if you want to have profit from holding for long term then just investing in ETH is a good idea but it may not have as much as profit than investing in many altcoins, of course i believe ETH price will encrease in the future but it may not be as much as many altcoins combined and more risky when you just invest in one specific ETH.

Mostly fail to make a good decision even though they have a good amount of money, the major thing we have to learn is to find out the best other possible coins which can give good returns in long term. ETH is always a good investment but considers NEO is another investment where the price is still low in the market.

[snowblack]

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

You will. But you also can be a big eth holder with price of ETH = Zero 

[pk lurah]

No one can guarantee it will profit or loss if it dared to take the risk to invest today so it could just be for next year the price will go up high but also could have been going down.

[andrei56]

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

You need to be more specific what do you mean by rich? Do you mean 100k or 1 million dollars? Because if you mean an amount of money between those values then the answer is no, ETH is not going to grow that much that fast if you want profits like that then you need to become a trader or you need to invest in an ico and hope for the coin to skyrocket.

[arpon11]

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

Trading cryptocurrencies or investing in it  entails alot of risk and you should not put in money that it will be difficult for you to be able to survive without.  $10,000 putting into ethereum can make you very rich if the same movement we have in 2017. Ethereum was the most performed coins in 2018 and we need to know that 2018 may be far better than 2017 and this time last year nobody knows that ethereum is going to performed the way it did.  We pray that everything works out well In 2018 the way we have seeing volatile in 2017.

[jashley]

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

For me If I have that $10000 I will not spend only ETH because NEO, ICX, OMG and many more altcoins that are undervalued or altcoins that has below $100m marketcap with low total supply. You do that by searching deeply about the market of crypto and all altcoins out there. Goodluck.

[Juulke]

Well all-in on PRL would be my move - receive a nice bag of SHL in April and you're set for the mainnet launch.

[kirstiemorton23]

if i have $ 10000. i will invest - $ 5000 Eth - $ 2000 for Neo- $ 2000 for litecoin and $ 1000 for a good ico. i will hold a bit longer for Eth because i am sure eth will have great value in the future.

[cryptofunn]

investing money in one asset you are very at risk of losing. Of course, the etherium is a good tool and definitely it will grow. But if you want to invest for a period of 6 months, I would invest 50% in bitcoin (buy on correction), 25% in the etherium, 25% in low-capitalized coins (QSP, ICX ...)

[vastmast]

You can not be rich with $ 10 thousand of ethereum investment. You have to be 100 thousand dollars for the price of ethereum for being rich. This is totally impossible, instead, turn to investments that will make a bigger development

[kryptqnick]

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.

If one invests in ethereum then at least one is very unlikely to lose funds. Investing in an ico has high probability of losing a lot of money (if not everything, if the project is a scammy one). However, I would advice op to do the same with bitcoin, which is incredibly down for now and can truly bring nice and safe profit within a year. Ethereum is going to become unmineable and who knows how people will react on it, the price might fall. Not to mention that one day you can wake up with your money frozen forever due to some bug (parity story).

[lovenlifelarge]

hodling doesnt mean you will earn more money compare before, instead if you are an active person and has alot of time using your computer, better to be active trader of ETH, surely you will gain more with lowest risk of them all.

[scambust]

One thing's for sure. It's gonna be a hell of a ride. The volatility of ETH is much more pronounced than bitcoin's. One day, you'll be elated that you made double or triple your investments and then the next minute, cry that you didn't sell soon.

[kim-yon]

I have faith in ETH. But 10k dollars is too much. I think the 2000-3000 levels are reasonable.

[xenomorphe1]

I don't know. The value of ETH is already very high. But maybe it can increase more. You have a little chance to get the double of your investment?
But you also should be careful and sell at the right time, as the price is very volatile.
If you want to be rich, i wouldn't choose an already expensive coin.

[bhobafett]

Definitely yes. There are so many plans for Ethereum for this year. The developer is making a great distribution in this coin. He believe in it so why not try it. Even me, I believe that Eth will pump higher by next year.

[qwertylolxd]

Invest in the Ethereum and Hodl it well, but it seems to me 10k better scatter in a few coins + ico , mb buy swissborg  , ethereum , litecoin , Xspec

[preshpr1nce]

I won't act like I've got a crypto glass ball, but if Eth does 5x in value this year it'll blow away every ones expectations, this will only make you $50,000 .. I wouldn't call this rich.

[Nick7815]

i think it would be better to invest it in litecoin