Has Bitcoin Lost it's Fervor for Percentage Gains?

[inthelongrun]

We should understand that the bitcoin market capitalization is now worth over $500 billion. It needs hundreds of billions of dollars to double its price which is still very doable but not so fast. This is the same situation with the other top altcoins like ethereum and BNB that became more valuable throughout the years.

In investing, stay realistic to avoid getting disappointed. The higher the risk, the higher the reward. So if someone is looking for an investment that can possibly x10 in the next bull run, feel free to do heavy research on some potential coins that are undervalued. Specifically, those coins that are not in the billion-dollar market cap.

[Xal0lex]

We should understand that the bitcoin market capitalization is now worth over $500 billion. It needs hundreds of billions of dollars to double its price which is still very doable but not so fast. This is the same situation with the other top altcoins like ethereum and BNB that became more valuable throughout the years.

In investing, stay realistic to avoid getting disappointed. The higher the risk, the higher the reward. So if someone is looking for an investment that can possibly x10 in the next bull run, feel free to do heavy research on some potential coins that are undervalued. Specifically, those coins that are not in the billion-dollar market cap.

Coins from the top 20 will no longer grow steadily and you won't make much money there. They are, you might say, low-risk investments that are likely to bring you money, but not much. Of course, right now it looks like coins meant for big capitals and institutionals and I partly agree with that. Coins like ETH, BNB, ADA, etc. are very poorly suited for portfolios that have liquidity of a few hundred or thousands of dollars. For 3-4 years of holding such portfolio investor will get max 500% profit, which is great for traditional finance world, but very low for crypto investments, the same SUI gave 5000% profit for few days to those who bought through WL.

[inthelongrun]

We should understand that the bitcoin market capitalization is now worth over $500 billion. It needs hundreds of billions of dollars to double its price which is still very doable but not so fast. This is the same situation with the other top altcoins like ethereum and BNB that became more valuable throughout the years.

In investing, stay realistic to avoid getting disappointed. The higher the risk, the higher the reward. So if someone is looking for an investment that can possibly x10 in the next bull run, feel free to do heavy research on some potential coins that are undervalued. Specifically, those coins that are not in the billion-dollar market cap.

Coins from the top 20 will no longer grow steadily and you won't make much money there. They are, you might say, low-risk investments that are likely to bring you money, but not much. Of course, right now it looks like coins meant for big capitals and institutionals and I partly agree with that. Coins like ETH, BNB, ADA, etc. are very poorly suited for portfolios that have liquidity of a few hundred or thousands of dollars. For 3-4 years of holding such portfolio investor will get max 500% profit, which is great for traditional finance world, but very low for crypto investments, the same SUI gave 5000% profit for few days to those who bought through WL.

I agree. I am looking forward to the next 2 years as another major bull run but the growth of the top coins are just limited. They might grow more but it will take more years of wait which makes the usual bitcoin halving cycle not enough.

I just noticed that you're staff here in Bitcointalk. It feels good to have a response from people like you. I am still looking for coins that have the potential to grow at least x10 in the next bull run. Any projects you can recommend or coins that you are keeping an eye on?

[TheGreatPython]

People seem to have become millionaires in previous bull cycles with modest investments in BTC & ETH.  If I invested in 1 BTC, is it enough to make me a millionaire by the next bull run, or are there an elite number of alt coins that could help me safely achieve what BTC & ETH once did?

The growth ratio tends to decrease as the price increases, it is easier for a coin to do a 10x if it's priced at $1 as a 10x would mean it will reach $10, but it would be difficult for the same coin to do a 10x when its priced at $10 because then it will require to reach $100. So, it was obviously easier for Bitcoin and Ethereum to gain high values when they had small prices, especially Bitcoin, which is why early investors got a lot of profit out of their investments.

Those who invest now will surely get a profit but this profit can't match the profits that early adopters and investors got, that is the reason why those who new Bitcoin in its early days but didn't invest regret their decisions now.

[ningrum]

People seem to have become millionaires in previous bull cycles with modest investments in BTC & ETH.  If I invested in 1 BTC, is it enough to make me a millionaire by the next bull run, or are there an elite number of alt coins that could help me safely achieve what BTC & ETH once did?

Investing 1 BTC when the Bitcoin price is at $ 27k of course you can have the opportunity to get more bullish profits later,
just imagine if you Hold 1 Bitcoin at the current price and in 2025 the Bitcoin price reaches $ 100k or maybe $ 150k,
then you get $ 100k in 2 years yes you are a millionaire mate!.

[Yatsan]

People seem to have become millionaires in previous bull cycles with modest investments in BTC & ETH.  If I invested in 1 BTC, is it enough to make me a millionaire by the next bull run, or are there an elite number of alt coins that could help me safely achieve what BTC & ETH once did?

Well, no one is certain whether thr msrket price of Bitcoin would be over a million. If it is general tendency, then ofcourse there's a chance; problem is no one is certain. However if it is bullrun we are talking about, you may expect huge price increase and therefore, huge profit. Bitcoin is one of the leading cyrpto in every uptrend and rest assured that profit will be earned if conditions would be met. Altcoins will give you bigger profit given that these coins are having lower market price on an average day  therefore it will have higher rate of increaase. The tisk on this one is choosing the right altcoin. Most of the coins are expected to have a price increase during a bullrun but ofcourse you would eye for which would generate bigger returns  and that would be hard to determine in an instant.

[jossiel]

People seem to have become millionaires in previous bull cycles with modest investments in BTC & ETH.  If I invested in 1 BTC, is it enough to make me a millionaire by the next bull run, or are there an elite number of alt coins that could help me safely achieve what BTC & ETH once did?

Investing 1 BTC when the Bitcoin price is at $ 27k of course you can have the opportunity to get more bullish profits later,
just imagine if you Hold 1 Bitcoin at the current price and in 2025 the Bitcoin price reaches $ 100k or maybe $ 150k,
then you get $ 100k in 2 years yes you are a millionaire mate!.

But that's not the goal that he has mentioned, he want to become a millionaire and not just some hundred thousands profiteer.

He becomes one if he's got more than 10 BTC as he buys now. But if he doesn't have that much and he's seeking to become a millionaire, it's harder if he'll do it with altcoins that he's unsure of.

BTC is like the safer way and hoping that there will be no problems being met as he gets there. Maybe after 2028, which will have the next halving, who knows if BTC will be up by half mil or mil by that time.

[naikturun]

As the cryptocurrency market has matured, some argue that the potential for astronomical percentage gains, like those witnessed in the early days of Bitcoin, may have diminished. As more institutional investors and large corporations enter the market, it is believed that the overall volatility might decrease.
However, it's worth mentioning that the future of Bitcoin and its potential for percentage gains is uncertain. The cryptocurrency market is influenced by various factors, including market sentiment, regulatory developments, technological advancements, and global economic conditions.

[zonefloor]

People seem to have become millionaires in previous bull cycles with modest investments in BTC & ETH.  If I invested in 1 BTC, is it enough to make me a millionaire by the next bull run, or are there an elite number of alt coins that could help me safely achieve what BTC & ETH once did?

It may differ depending on the country you live in. But when we look at it in general, frankly, 1 bitcoin may make a millionaire years later, but I don't think it can do it in the current process. Because in the upcoming bull season, 1 bitcoin will make around 100 thousand dollars according to my estimate and if you live in European countries, it will be an average wage. But if you live in a country with a high dollar rate, millionaire will be inevitable for you.

[eaLiTy]

People seem to have become millionaires in previous bull cycles with modest investments in BTC & ETH.  If I invested in 1 BTC, is it enough to make me a millionaire by the next bull run, or are there an elite number of alt coins that could help me safely achieve what BTC & ETH once did?

If you are looking to become a millionaire investing in coins other than BTCitcoin, then luck is a major factor. Couple of months ago there are users who invested in Pepe coin which was a meme coin and majority who had the guts to take a chance made a fortune. There is even some topics regarding that about someone who invested $250 but missed out on making a fortune because he sold them thinking it was a scam.

So luck is a major factor when it comes to making a fortune if you are planning to invest in coins other than BTCitcoin.

[isaac_clarke22]

People seem to have become millionaires in previous bull cycles with modest investments in BTC & ETH.  If I invested in 1 BTC, is it enough to make me a millionaire by the next bull run, or are there an elite number of alt coins that could help me safely achieve what BTC & ETH once did?

Just like Wiwo mentioned, it just depends on where you reside. If you're from US or any first world countries, it won't make you rich at all unless miraculously Bitcoin just happened to surpass $500k at any of these days right now. If you reside in third-world country, it would be more than enough to make you a millionaire let alone just by investing to it surely makes you a millionaire already like let's say for example here in my country, 1 BTC is equal to 1.1 Million PHP.

Out of curiosity where did you get the conclusion that BTC and ETH made people millionaire in the last bull run?

[Wiwo]

Out of curiosity where did you get the conclusion that BTC and ETH made people millionaire in the last bull run?

Even though we can't deny the fact that Bitcoin has made a lot of millionaires in various currency and denominations both in the past bull run and the previous ones, I don't know why some of the Bitcoin users still doubt that fact even in your comment you portray towards the same mindset of them that believe bitcoin has not made millionaires.

Unless for those that got in at the wrong time such as those that bought Bitcoin when the price was high at an all-time high level, these are people who may have a rough experience at the moment, but those that bought Bitcoin when the price was low at the beginning are already in wealth.

[DeathAngel]

People seem to have become millionaires in previous bull cycles with modest investments in BTC & ETH.  If I invested in 1 BTC, is it enough to make me a millionaire by the next bull run, or are there an elite number of alt coins that could help me safely achieve what BTC & ETH once did?

Buying one bitcoin now will not make you a $ millionaire in the next bull run, no. I think something like $225,000 max in 2025. Then maybe $850,000 by 2029. You will maybe get $1,000,000 by 2032 which is still good going. The thing is, you won’t want to sell it all as what use is $1,000,000 in the current fiat ponzi set up. What will that buy you in 10 years. I think $1,000,000 per bitcoin within 10 years, don’t sell it all for $ though.

[Captain Corporate]

I think the movement can still be considered in percentage gains, but you just have to look at it from multiple entry points instead of a single one, that's the biggest difference. Back in the day you could put in 100 bucks and leave and come back a decade later being very rich, that's gone and you won't see that again in bitcoin, maaaaybe in some alts but not commonly neither, more people will lose their money trying to find something then people who will make money. However, if you keep on investing, if you keep on putting more money into it, then you are going to make a lot of money. I personally do that, whenever I end up a month with some money in my pocket, I put that back into bitcoin so that I could actually profit, or the money I make from my signature income usually stays at bitcoin unless I end up with some extra thing to pay for. Sometimes that happens and I cash out, I am pretty broke right now, but its fine, I can recover and put some aside again with the same tactic.

[wheelz1200]

People seem to have become millionaires in previous bull cycles with modest investments in BTC & ETH.  If I invested in 1 BTC, is it enough to make me a millionaire by the next bull run, or are there an elite number of alt coins that could help me safely achieve what BTC & ETH once did?

That's the problem people think that alts and all these cheap projects will take the same trajectory as bitcoin has.  There will be coins that pump but crypto isn't a get rich quick scheme, it's more a lose all your money quick scheme when you throw your money at all these projects.  Most are just cash grabs, just stick with bitcoin lol.

[irsykes]

People seem to have become millionaires in previous bull cycles with modest investments in BTC & ETH.  If I invested in 1 BTC, is it enough to make me a millionaire by the next bull run, or are there an elite number of alt coins that could help me safely achieve what BTC & ETH once did?

you should do your own research and look for projects with good potential, and guarantee your investment, you can just ask others for advice, but you should review before investing in the project.

asking other people to look for information does not necessarily mean that the project has potential, if you are ready to accept the risk of your friend's research results it is not a problem. because out there many people ask friends to find coins with long-term potential that is not a guarantee. Of course it's better to do your own research to be more confident about the risks that will come because it's the result of choosing your own research coin, learning from mistakes will improve material, broad experience

[Winderl]

With regard to Issac's question in Quote #34, that's a good point.  Let's say you had invested $30,000 in the last bear market.  If you had bought 1 BTC at an avg. price of $7,500 and sold it for an avg. price of $50,000.  Then let's say you accumulated a $22,500 position in ETH between $100-$200.  Let's say you bought 150 ETH at an avg. price of $150, which would be a $22,500 position.  And let's say you sold that position of 150 ETH for an avg. of $4,000, which would equal $600,000.  So when you add the proceeds of the $50,000 BTC, you would now have about $650,000 in cash, with about a $620,000 profit.
    And if you played with the numbers, and invested 50% in BTC and 50% in ETH instead, and used the same numbers, and bought 2 BTC at an avg. price of $7,500, and sold them at an avg. price of $50,000, you would have $100,000 in cash.  And if you had spent $15,000 on ETH, you would have 100 ETH at $150.  And then sold them for an avg. of $4000, you would have $400,000.  Or together $500,000, with a $470,000 profit. 
    Or if you had instead invested $22,500 in BTC at the same prices, you would have bought 3 BTC and sold them at $150,000.  And a $7,500 position in ETH would be 50 ETH at $150.  If you sold those at an avg. $4,000 you would have $200,000, plus the $150,000 from the BTC or $350,000.  And that would be a profit of $320,000. 
    The last bull market was a little bit lackluster compared to the other ones, but that was really the 1st one with that characteristic.  I don't think that necessarily means that they'll be continually a little less bullish with each cycle.  I would give it a 50% chance the next bull cycle could be more bullish than the last, and a 50% chance that it would just be similar to the last, but then the following cycles after that could be potentially less and less bullish.
    Now not everyone will have $30,000 to invest, and even if you have more than $50,000 to invest, $50,000 becomes a number that personally I think a lot of people will set as a limit to allocate toward crypto.  So good point Issac, maybe there were not that many millionaires made in the last bull cycle.
    In the previous cycle before that, so say 2 cycles ago, for the sake of keeping the example easy, let's say you purchased a combined $29,700 worth of BTC & ETH, something very close to the $30,000 model.  And the breakdown was 17 BTC at an avg. purchase price of $1,100 a coin, which would have cost you $18,700 and that you sold for an avg. of $15,000 a coin.  Your proceeds would be $255,000.  And let's say you purchased 1,000 ETH at an avg. price of $11 a coin, and sold them for an avg. of $1,000 a coin.  Your proceeds would have been about $1,000,000.  And if you add that to the BTC proceeds, you would have $1,255,000, with a profit of $1,225,300.  I'm guessing many more millionaires were made during this bull cycle than the most recent bull cycle.

[Xal0lex]

-snip-

Coins from the top 20 will no longer grow steadily and you won't make much money there. They are, you might say, low-risk investments that are likely to bring you money, but not much. Of course, right now it looks like coins meant for big capitals and institutionals and I partly agree with that. Coins like ETH, BNB, ADA, etc. are very poorly suited for portfolios that have liquidity of a few hundred or thousands of dollars. For 3-4 years of holding such portfolio investor will get max 500% profit, which is great for traditional finance world, but very low for crypto investments, the same SUI gave 5000% profit for few days to those who bought through WL.

I agree. I am looking forward to the next 2 years as another major bull run but the growth of the top coins are just limited. They might grow more but it will take more years of wait which makes the usual bitcoin halving cycle not enough.

Then it is easier to invest in bitcoin, it is more reliable than most of the top altcoins and does not grow slower or faster than this group of coins. I don't see much point in choosing these altcoins over bitcoin.

I just noticed that you're staff here in Bitcointalk. It feels good to have a response from people like you. I am still looking for coins that have the potential to grow at least x10 in the next bull run. Any projects you can recommend or coins that you are keeping an eye on?

I have projects that I follow closely and hope that they will give good growth in the future, but I never share my investments. I am convinced that every investor should analyze coins himself and make his choice solely on this data, not on the tips of other users. I can tell you that I am following AI coins and zk projects right now.

[bussybuddy]

People seem to have become millionaires in previous bull cycles with modest investments in BTC & ETH.  If I invested in 1 BTC, is it enough to make me a millionaire by the next bull run, or are there an elite number of alt coins that could help me safely achieve what BTC & ETH once did?

More honestly if you go through that experience and see that the complex process is not as simple as it seems, I find it not difficult to make big profits in this market but it is not easy either. simple if you didn't understand it in the first place. Investing in BTC and ETH I think is great looking into the future, but you seem to be stuck in the mindset of becoming a millionaire. Since with the previous cycle growth and those who had the opportunity to buy it at the low price of the crypto market period quite lost confidence in the price, it also took a large amount of capital to achieve the goal spend, and right now I think BTC and ETH prices will also increase many times in the next cycle, but to make you a millionaire sooner you need a lot of bitcoin or ETH, not just holding 1 btc and waiting for btc chance to reach $1m.

[Bolivar_Tony]

People seem to have become millionaires in previous bull cycles with modest investments in BTC & ETH.  If I invested in 1 BTC, is it enough to make me a millionaire by the next bull run, or are there an elite number of alt coins that could help me safely achieve what BTC & ETH once did?

People that become millionaires in the previous bull run with modest investment are not BTC or ETH investors, if you had invested in bitcoin or ETH with minimum investment, you will make money but not a millionaires, people that made millions are those that invested in alt-coin, because with same amount used to invest in bitcoin if same money is used to invest in alt-coin and bull happen, the one for alt-coin will make more profit, but bitcoin investment is more secured compared to other alt-coins