Post
Topic
Board Altcoin Discussion
Re: Is there any altcoin to be millionere by holding up to 5 years from now ?
by
Silberman
on 28/04/2022, 21:09:29 UTC
Greetings to every lovely people out there, This is so hard to guess which altcoin will go like a rocket. I love to do trading but spot trading and holding is lot more difficult for me. Is there any coin in your mind guys ? Don’t forget to share your opinion and thank you for giving time.
First when you say becoming a millionaire, how much are you planning to invest in such a coin? Seriously, I see some newbies who would invest like a $1000 and be expecting to make millions of dollars out of it, some people just like to wish for things which they know is not going to work out. If you’re planning to make millions of dollars from the investment, then you should as well be ready to invest an equivalent amount. There are so many good altcoins you can he aiming at, Cardano, Solana, and a lot of them. Sometimes a new coin can come into the market and start trending.
And without a doubt that is one of the main problems with the expectations that people have out of their investments, for example if someone wants to reach one million dollars and they had 200k then even investing in bitcoin could be more than enough as there is a decent chance bitcoin could grow 400% and give them the results they are looking for in five years, but if someone wants to invest only 1k then they need the coin they want to hold to grow 1000x, and how many coins have grown that much during the last 5 years? Very few at best and none at worst.