Quote from: Zaguru12 on Today at 09:58:37 PM

Quote from: Nothingtodo on Today at 02:20:02 PM

Getting rich from Bitcoin requires long-term investment. If invested for 10 or 15 years, that investment will give 10 to 15 times more profit. So those who have enough dollars will invest in Bitcoin and hold it for 10 to 15 years. Long term investment means future billionaires.

Seriously the urge to actually get more returns from bitcoin investment is growing and I will say people or investors are getting it wrong to me because the expectations for a pump sometimes aren’t realistic most especially in correspondence to the time frame, bitcoin even in future doesn’t turns you outrightly to billionaire like you have put it out to be, it depends on the amount you put into it if you ask me.

The era where bitcoin actually pumps and does a 100x is gone now if you ask me because the volatility is something that is decreasing as years grow by and seriously i don’t see bitcoin doing a more than 3 in each halving cycle (bull run) from now. So possibly over a 3 halving cycle a 10x is realistic to me than than 15x so making it to millions or billions will require you to have huge capital.

To get rich from bitcoin it's too late because we won't get an exponential increase like in previous cycles that could be thousands of percent in a few years, if we look at the ATL (all time Low) in the current cycle it counts 3-4 times if we buy bitcoin from its lowest price in this cycle, then if you want to get 10 times to 15 times it might take 1 cycle to three cycles, but that's with the current count, it could be that bitcoin adoption occurs massively, such as the world recognizing bitcoin as a transaction tool or value as a foreign exchange storage asset throughout the country then 20x or more can happen again.