how much would someone need in Crypto this bear run to become a millionaire?

[wxa7115]

Realistically how much would someone need in Crypto this bear run to become a millionaire aide next bull run?



I know it depends and one alt that pulls a Shiba could mean a small amount. I guess I’m just figuring a general BTC ETH type investment and maybe other higher-ranked Alts.

Assuming we break ATHs again and maybe even clear above a $100k BTC how much money should someone try and get in during this bear/sideways market now?

I’m afraid you would still need like $50k or more to make that kind of money and I do not make enough money to hit that goal within the year...but I’m hopeful maybe $10k could make at least six figures as that seems more realistic for many people here.

What are your stacks like? Goals? Any thoughts?

This is something that is very difficult to answer because if we are honest the majority of the people will lose money instead of earning it, so for them no amount of money will allow them to make a million dollars in profits.

If we try to be conservative bitcoin could reach something like 150k during the next bull run, so if you were to buy when the price of bitcoin was at 20k that would be a 650% increase and you will need 134k dollars to reach millionaire status, now this amount of money could go down if you were willing to take a risk with altcoins, but that is something I would not recommend unless you know very well what you are doing.

[goaldigger]

That's the problem with most of you newbie- you want to be an overnight millionaire. That's why y'all always end up falling for a scam.
How can you be asking this kind of a question.
Seriously?

This is also my thinking, they are expecting too much the moment they invested in crypto most probably, they got hyped as well that’s why they are asking this kind of question. Regardless of you capital, you can still be a millionaire but of course it will take a lot of work and sacrifices. Also remember that its all about the risk you are willing to take and there’s no assurance for this one, newbies should be more realistic and continue to learn about the market, its good to have this kind of goal.

[Jaered]

Something tells me Shiba Inu would be the meme of 2022. It has been gathering steam and a whole load of whales believe in it and accumulating it, despite the creator doing a disappearing act on them. So yes, Shiba would be a good one to DCA in this bear market

[samcrypto]

Realistically how much would someone need in Crypto this bear run to become a millionaire aide next bull run?

Investing on a bear market with good coins is a good strategy, because we all know the top coins will rise again and if we are able to bough during the bear market, we can expect good profit. If we are talking about Bitcoin here and you are able to buy at the price of $18k for $300k, then when BTC hit the price of its peak at around $65k, then its possible to hit that $1M profit, but then again we are just talking here speculative and seriously that $10k capital can't hit a million mark if you are just holding passively and don't even try to trade it. We should not expect that much if we only have a limited funds, to become more motivated to reach your goals, you should also need to become more realistic and see the real scenario.

[Captain Corporate]

I believe if you start out with just a few hundred, you could definitely get to a point where it makes sense to reach to a million "eventually". There isn't any time limit in the question, if you want to be a millionaire by the end of next bull run then you would need two things, either you are going to end up buying some shady small cap stuff that will get lucky and make you rich, or you are going to deal with high leverages and be right a few times in a row at least and back to back as well. But I would say the logical thing would be to buy now, and wait for it to peak, sell, wait for it to crash and repeat that a few times, would be easier and wouldn't take a genius to do it.

[blockman]

IMHO, that's not the right way of setting your goal. Well, it's a good plan but you need to be realistic about what you can achieve. Like setting first a goal of earning at least $1k, $10k, and so on. Making you earn a million is a big challenge but you need to take steps each time you proceed as you progress as a crypto investor. Just DCA and you'll eventually see how much you've grown over time but remember that there's no need for you to rush on things like this. We all want to become rich but you should also know your capacity as an investor.

[Yamifoud]

Interesting...
Well, what we just need to become a millionaire is to accumulate more Bitcoin or potential altcoins, and wait for the bull season where you can expect to see your investment multiply several times. Just imagine if you have $50,000 worth of crypto right now at it was at least x3 during the bull season that $150k is really big enough. How much more if you add more capital? As long as you can still afford to do it and invest more while the price is cheap, becoming a millionaire is not a problem for you OP, and of course, it was possible.

[VanDeinsberg12]

easily it requires you to invest like $200,000, just imagine if the new ATH of BTC reached, then at least it gonna go 5 times than the current prices.
it means that for you to become millionaire it requires you to invest like $200K and once the ATH reached you could become a millionaire, after all small capital will get you nowhere in term of investing.
it's always the bigger capital that could give you tremendous returns.

[Oceat]

IMHO, that's not the right way of setting your goal. Well, it's a good plan but you need to be realistic about what you can achieve. Like setting first a goal of earning at least $1k, $10k, and so on. Making you earn a million is a big challenge but you need to take steps each time you proceed as you progress as a crypto investor. Just DCA and you'll eventually see how much you've grown over time but remember that there's no need for you to rush on things like this. We all want to become rich but you should also know your capacity as an investor.

I have to agree on this since if you set something that might keep stressing you because of your set goal you might end up not getting them at all. It's best to just do what you can and stop thinking whether you could earn a million or not in x years or so because there are other factors that might hinder you from hitting your desired target. And I don't think you could be a millionaire in when you only invest in altcoins which is not really that profitable compared to Bitcoin. Unless if you have almost a million but the risk is quite high if your target is just to get a million or something therefore, nobody knows when or what will happen in our future.

[KennyR]

To be a millionaire right now one's portfolio needs to be worth of atleast $250k. This means in the long term when the market bounces, surely the same can turn to a million.

[MiF]

Realistically how much would someone need in Crypto this bear run to become a millionaire aide next bull run?



I know it depends and one alt that pulls a Shiba could mean a small amount. I guess I’m just figuring a general BTC ETH type investment and maybe other higher-ranked Alts.

Assuming we break ATHs again and maybe even clear above a $100k BTC how much money should someone try and get in during this bear/sideways market now?

I’m afraid you would still need like $50k or more to make that kind of money and I do not make enough money to hit that goal within the year...but I’m hopeful maybe $10k could make at least six figures as that seems more realistic for many people here.

What are your stacks like? Goals? Any thoughts?

crypto is just like a win or lose game if we didn't win then we will lose, we cannot predict the future but there are always a possibility, so we keep on investing based on our way of understanding or based on what coins we wanted to have that we think can bring us to millions of profit, only one thing i can say just keep going or search for the very best just have patience for good.

[coin-investor]

Realistically how much would someone need in Crypto this bear run to become a millionaire aide next bull run?

You have a positive attitude in this bear market which is good but this is also the time that you need to be very careful on picking the right coin to buy as some coins are not moving up in the bull run

I know it depends and one alt that pulls a Shiba could mean a small amount. I guess I’m just figuring a general BTC ETH type investment and maybe other higher-ranked Alts.

Shiba is doing well right now in this bear it's good to hold got the next bull run profit, your portfolio should consist of coins that have proven their worth in the bear market you can take, new coins but be sure you did your research 

Assuming we break ATHs again and maybe even clear above a $100k BTC how much money should someone try and get in during this bear/sideways market now?

It always comes to money that you can afford to lose and money that you have spared never invest your life savings remember Luna and Celsius, many investors pour in their life savings and look what happens.

I’m afraid you would still need like $50k or more to make that kind of money and I do not make enough money to hit that goal within the year...but I’m hopeful maybe $10k could make at least six figures as that seems more realistic for many people here.

If you have that money and it's not coming from loan or life savings and you are a true risk taker then go for it, expect the best but have a grasp of the worse.

[lienfaye]

Well, if you're going to invest in Bitcoin, ETH or other top coins in CMC then you really need a big capital if your goal is to become rich when bullrun occur. Buy as many as you can because it will be worth it in time.

However if your choice is to invest in meme coins or similar alts that can pump high, you dont need much unlike if you invest in top coins. But it is high risky and also depending on luck because you can also lose your capital.

[Minecache]

To be a millionaire right now one's portfolio needs to be worth of atleast $250k. This means in the long term when the market bounces, surely the same can turn to a million.

Well, it's not a small amount and more importantly what coin will you choose to invest 250k USD to reach 1 million USD in the future. It sounds simple, but in practice it is not so simple. The market fluctuates unpredictably, sometimes causing us to lose money if we are too eager to make a profit or the dream of becoming a millionaire quickly will kill us. Even worse if this $250k is from a loan, we shouldn't aim too far but build our investment step by step using whatever capital you have.

[bussybuddy]

Realistically how much would someone need in Crypto this bear run to become a millionaire aide next bull run?



I know it depends and one alt that pulls a Shiba could mean a small amount. I guess I’m just figuring a general BTC ETH type investment and maybe other higher-ranked Alts.

Assuming we break ATHs again and maybe even clear above a $100k BTC how much money should someone try and get in during this bear/sideways market now?

I’m afraid you would still need like $50k or more to make that kind of money and I do not make enough money to hit that goal within the year...but I’m hopeful maybe $10k could make at least six figures as that seems more realistic for many people here.

What are your stacks like? Goals? Any thoughts?

Not everyone has the same view of investing, so it's hard to say that's my chance and yours too. Even with BTC, ETH, and BNB, we all see the opportunity to get rich after a few years of holding with 20 to 50x returns, and I think OP can calculate how much you can earn with them. Personally, the method that I participate in is not to just buy and wait, because for me this is difficult when the mentality is hard to shake, but honestly, it is easy to change when not satisfied. satisfied. Maybe for many people, DCA for a long time is a great strategy and even when I apply it, I feel it works. I don't remember exactly how much money I have put into this market, but I try every month to accumulate some crypto assets.

[Shasha80]

Well, if you're going to invest in Bitcoin, ETH or other top coins in CMC then you really need a big capital if your goal is to become rich when bullrun occur. Buy as many as you can because it will be worth it in time.

However if your choice is to invest in meme coins or similar alts that can pump high, you dont need much unlike if you invest in top coins. But it is high risky and also depending on luck because you can also lose your capital.

To become a millionaire from investing in crypto, we do have to have a large capital, and not everyone can invest in crypto with a large capital.
Because everyone's income and needs are different, so everyone will have a different time to become a millionaire. Therefore we must get used
to always investing in crypto regularly from some of the income we have. The more coins we buy, the closer we become to millionaires,
the problem is not all coins are worth buying and can generate profits. Therefore I prefer to focus on investing in top coins, maybe the profit
generated is not as big as new coins or meme coins, but at least the risk we will face is much smaller if we invest in top coins. We definitely want
to become millionaires in a safe way and with minimum risk, so collecting top coins is the right way.

[bigjuk]

I know it depends and one alt that pulls a Shiba could mean a small amount. I guess I’m just figuring a general BTC ETH type investment and maybe other higher-ranked Alts.

That's wise understanding, to do it means don't put eggs in one container, place eggs in several containers to hatch more, crypto has a long future, if you consider BTC, ETH, BNB and some others are in investment, maybe you will be a new billionaire in the next 3-4 years in your area/country.

I remember one farmer in the country who invested in three types of coins for 2 years with a capital of $ 30k, from his income 50 percent to invest, it turns out he succeeded now has become a billionaire.

[hichamito37]

Don't try to become a quick millionaire in the crypto market. Taking into account that you are a newbie to the market, I recommend that you do not get too enamored with what the market can provide you with without considering the risks you may face. Not all become millionaires when entering the market, most just lose money and only a few make money.

[kojektea]

Prices are driven by the whales. I think even if you invest enough money up to tens or even hundreds of thousands of dollars to move the market to become what we define it to be very difficult. Whales in groups, if one person with a large capital wants to compete they will easily fall. The wise choice is to follow the trend, even with not too big a capital so being a millionaire shouldn't be difficult.

[Kemarit]

Don't try to become a quick millionaire in the crypto market. Taking into account that you are a newbie to the market, I recommend that you do not get too enamored with what the market can provide you with without considering the risks you may face. Not all become millionaires when entering the market, most just lose money and only a few make money.

I think he is not trying to become a quick millionaire, he is just asking for a realistic numbers that he needs to invest right now in the bear market.

And yeah I think maybe around the figures, $50,000-$100,000 will be a good ball park numbers And it's really what altcoins you are going to invest. I would say perhaps ETH or BNB, at least solid coins in the top 10 might do the trick for the OP. Although the initial investment is already big for the majority of us, but there could be some investors out there who are more willing to invest that kind of money in crypto space.