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/biz/ - Business & Finance

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23645727 No.23645727 [Reply] [Original]

Is it too late for an average person to get rich from crypto? 5 years ago, a $1000 investment would have made you a millionaire...but now it takes a lot more investing to get even a few hundred grand

>> No.23645765

>>23645727
Yeah it's too late. Don't let them convince you to buy with the excuse that we are still early.
By the way we are still early.

>> No.23645957

>>23645765
this guy is right. also don't listen to anyone on biz

>> No.23645996

>>23645727
if you long bitcoin on leverage you can turn a 10x to a 100x easily and relatively safely with gradual entry and stops

>> No.23646008

>>23645727
you're not gonna 1,000x your money at this point, but BTC still has at least another 10x in it over our lifetimes

>> No.23646023

>>23645727
It's not impossible, but highly unlikely. Two weeks ago I bought 30 Moonday for 40 bucks each, one week later it touched 5k each, which means that I could've insta dumped all 30 for over 100k (there was enough liquidity to it) but I sold all of them at 100, kill me now

>> No.23646085

>>23645727

Just buy bitcoin and stop being a pussy

>> No.23646148

Or find a microap gem before it moons. Did this with stake easyfi and now betting a small stack on boringdao. You dont have to find a 1000x coin. Just 3 liquid 10x ones.

>> No.23647123
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23647123

>>23646148
The problem is know which one if the right one!

>> No.23647166

In 5 years in will already be the next halving.
$1000 spent now could make you $500,000-1 mil

>> No.23647190

Nope it's too late. Now go somewhere else.

>> No.23647468
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23647468

>>23645727
It's never too late to mine some SETT on badger.

Unironically one of the best dot finances. Do your own research and find out.

>> No.23647589

Wait until bitcoin breaks 20k and heads up toward 100k. Then you will see serious movement from alts. There are some alts that will 200x dont you think? Not the big ones though, a few key smaller alts.

>> No.23647602

>>23645765
>>23645957
These. This is just a tourist board, are you actually putting in money? Kek

>> No.23647615

>>23645727
Three years ago, a 1000$ investment would have made me 100k, it's not millionaire status, but it's good enough. I invested 100$ instead