will there ever be another bull run and if yes how much needed now to get rich during next bull run. rich meaning 1 million dollars
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id say at least 10k for a chance to get to a million. and youd have to consistently go from coin to coin hitting moonshots.
100k would be a lot more realistic.
You propably won't become a millionaire just putting 10k or even 100k into bitcoin. You need to get pretty lucky with some alt coins to get there imo.
wow. i hear all the NEETs on this board talking about how we will make it. how the fuck is a NEET supposed to have 100k?
>how the fuck is a NEET supposed to have 100k?
Neet here
got first 6 figs thru crypto
keep hustlin brah
Look at sats. We are in a bullrun atm. With 10k I would just go all in on LINK if I can wait a year.
There will be, but not until btc hits 15k again and normies get the balls to get back in. Until then it will be slow growth, hopefully back to an 800 billion cap by eoy or q2 2019.
But to have 1 million your portfolio needs to be worth either 50 btc or 500 eth by eoy to hit 1 million.
Best bet is make a series of plays to get a portfolio worth 50 eth, then let most ride on 1 coin sub 30 mil cap that has 10-20x potential.
I'm a NEET and I made more than 100k from crypto in the last couple of years.
fffffffuck off
To become a millionaire with minimal risk during the next bullrun? Probably 200k, in the likes of Bitcoin, Eth, Ripple.
If you don't have a lot of money then you should be thinking longer term. 50k invested over the next 5 years in safe bets will probably make you wealthy.
Obviously you can go for riskier coins at any point, but my sense is that during the next few years there'll be a shakeout of shit in the industry.
If you can put 100K in Bitcoin god bless. Within a couple years 100K won't even be able to get you a single Bitcoin. That's when it'll truly be too late for NEETS. need to stack Bitcoins right fucking now in order to make it by 2020 or 2021
i sure fucking hope theres a fat ass run, im 100k deep and already quit my job
what coins are you holding?
Any recommendations? Unironically have 50 ETH
ORI
Trade your way up to it. Basically the only way is to never lose. I went from $650 to over $70k in January but I'm down to $22k..but I feel optimistic I'll have $500k eoy.
LOL
Where do I find it?
$200 in 2016 to $60k in january... at $25k right now.
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Cant post. Is Ethplorer down for anyone else? Just keeps loading.
Am I still banned?
Yes. There are fudders out in the open now all over this board telling people to tether when in actuality both the 3 day and week long candles are inches away from a golden cross like they did beginning the biggest bullrun ever when bitcoin was worth just 250 bucks.
Buy with all you've got in my opinion.
Pic related (pic won't upload)
~De-Geso!
1.4k LINK
Keep in mind $1m isn't really rich anymore, to truly make it you need around $2m-$3m post tax dollars.
maybe, but i thought a million was still enough to retire in a low cost of living area without wasting money on useless shit. isn't it?
A million pre-tax, no. A million post tax.. probably also no unless you have supplemental income. Assuming you’re in your 20’s, do you really think you can last 60+ years on a million dollars, with the inflation going on? A million dollars in 50 years will be like 100k today.
well i was thinking you could reinvest the million to get about $40k in interest. would that not work?
Nowhere because it's a scam
Buy bax and banca
never going to be another bull run
you won't get rich
might as well just kill yourself now
yeah but inflation
But don't retire in your fucking 20s even if you do get rich
Invest the crypto you make, keep investing money and then when you hit 30 you can work part time, and then 40 you should have enough to retire.
>become rich
>keep slaving away for 20 years
???
>Get up to 1 million after tax
>Take 40-50k off for your first year
>Invest 950-960k in an index that should get 6-7% (well above inflation)
>Live within your means (no lambos or cocaine)
How is this possible? Are you the worst investor of all time? With 200$ in 2016 you could have bought 200 ETH.
Republic protocol. I have about 25% of my portfolio there since its around 40 million cap, but advised by Loi Luu (ethereum, kyber, zilliqa) and backed by polychain. Both seperately are involved in nothing but top 100 MC projects. They are both involved in REN.
Also huobi is an investor so listing is coming there too and thats when fomo will begin as people look into the advisors and massive vc funds backing the project.
In addition I hold bnb, ven, eos, eth, btc, and neblio. BTC is just hanging out for ICOs that launch during a bull run that have sub 30 mil hardcaps with vc backing and a superstar advisor.
10k in link has a decent chance off getitng you 500k.. but you will have to be patient and watch other shitcoins moon.
BTC,ETH, LINK & MONERO is between them have cryptos infrastructure tied up.
The rest are shitcoins