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53013707 No.53013707 [Reply] [Original]

if i DCA $100k into bitcoin and ethereum over the next year do you guys think i’ll be a millionaire in 15 years or less from my crypto investment alone? No, i’m not looking for financial advice i just want to know your guys opinion

>> No.53014037
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53014037

>>53013707
>millionaire
lol

Bitcoin has deminishing returns with each halving, if we're lucky it might reach 100k. Don't expect a 2013 or 2017 bullrun...those are long gone

>> No.53014056

>>53014037
Market dominance goes to altsa and bull run is bigger each time, but btc gets smaller portion.

>> No.53014367

>>53013707
Yeah a 10x seems reasonable in 15 years.

>> No.53014380

Yeah, becoming a millionaire with no effort is easy. Everybody's doing it.

>> No.53014564

>>53014380
if i put it in safe stocks for 40 years i’ll be a millionaire i’m pretty sure

>> No.53014573

>>53014380
i don’t think most people have $100k laying around to throw into investments for long periods

>> No.53014578

>>53013707
no. 5 years ago yes, but now its worthless

>> No.53014588

>>53014380
this but unironically

>> No.53014920

>>53013707
Probably, but it won't be as easy as making an account on an exchange.

If you're talking 15 years in Bitcoin you're going to see exchanges go bust, wallet software become dated, and laws change.

I did what you want to do and I've been SIM swapped, hacked, and had to avoid scams repeatedly.

>> No.53015027

>>53014920
>wallet software become dated
In regards to this you need to understand the wallet format and derivation path to recover your account.

99% of noobs don't know their derivation path when they write down their recovery phrase.

>> No.53015088

I own 1000 bitcoin I’m richer than all of you. I don’t even care if it goes down because the dollar is worse

>> No.53015661

>>53014056
only because more alts are created

>> No.53015696
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53015696

>>53014037
>Bitcoin has deminishing returns with each halving
This is midwit thinking, it doesn't go up a % because MUH HALVING

There are funds putting billions into it, the more funds buying it the higher it goes; it could go up 5%, it could go up 5000%, it's about the market cap increase

So, will Bitcoin market cap increase significantly in the next 15 years? I think it will