Re: Can early investor turns their small investment into millions?
Very very rarely, not enough to even mention it as a possibility. It's basically like a lottery thing, you can buy a lottery ticket too, one ticket is usually very cheap and you could have that ticket win the lottery too, do we all go out and buy lottery tickets thinking we are going to get rich? Of course not, we should consider this as normal and not a big deal.
I believe that the best thing to do would be just considering how to get better results, and because of that we should be considering how it would be a wrong move if we are not careful with it. I believe that the best thing to do in this regard would be just following our gut and not risk it all. Sure it happened a few times, but it is not something common in the crypto world at all.
I believe that the best thing to do would be just considering how to get better results, and because of that we should be considering how it would be a wrong move if we are not careful with it. I believe that the best thing to do in this regard would be just following our gut and not risk it all. Sure it happened a few times, but it is not something common in the crypto world at all.
In crypto land, the "lottery tickets" would be none other than "meme" coins themselves. People just buy this worthless junk with the hopes of striking it rich in the short term. Such coins are nothing more than a gamble due to their highly-unpredictable nature. Just because they're inexpensive, doesn't mean they're worth the investment. Investors who made millions are the ones who got early in the game. But being early is not always a guarantee that you will "win" in the long run.
As crypto becomes more mainstream, the harder it will be to achieve "luck" in your investment. Remember, slow and steady wins the race. Just add a few prominent cryptocurrencies in your portfolio, and there should be nothing to worry about. Of course, you should always watch the market and do your own research before making a move. You decide what to do wih your money. Hopefully, people get educated well enough to help prevent getting "rugpulled" in the long run.
