Bitcoin will make us millionaires someday?

in #bitcoinlast year

Hello dear readers!

The idea of ​​having the resources that allow you to live a comfortable life, without many deficiencies, need for food, clothing or footwear, to travel, to know places around the world, to collaborate to meet the needs of others, is an idea that at some point It has nested in our mind, we have considered and evaluated trying to find real possibilities that someday we can have a million dollars.


Fuente

Can Bitcoin make us millionaires? Can cryptocurrencies change our lives? It is a question that flutters in our minds today and drives us to invest with the hope of one day reaching the crypto dream that places our names in the statistics of millionaire people thanks to Cryptocurrencies

Encouraging stories

Bitcoin enters the scene in 2009, a year that will be remembered as the year in which a technology that revolutionized the world economy broke out, to change the presentation of money as we knew it, before BTC fiat money was the only form of commercial exchange known, or at least it was the most popular and the most used.

After 2009, or rather 2017 everything began to change, stories began to emerge that attracted the attention of many people, arousing an unprecedented interest in virtual money, making us believe in the certain possibility that this new technology can change our economic reality

To understand and calculate our chances of reaching at least one million dollars by investing in cryptocurrencies, it is necessary to analyze some of these stories that many of you know and that perhaps have become the source of your inspiration, which fill you with optimism and They make you believe that sooner or later you will have the stroke of luck that gives you what you are waiting for.

Erik Finman

This lucky young man began his investment in Bitcoin when the currency only cost $ 10 which allowed him to acquire his first Bitcoin. After a few years the currency increased to $ 1,100, as the bull market increased, the young man sold Bitcoins for the sum of $ 100,000.

With the profits obtained with BTC, Finman invested and created his own business. In 2015 he was made an offer to buy the business where the young man had to choose between $ 100,000 or 300 Bitcoin, the young man ended up choosing the 300 Bitcoin that by then was It was quoted at $ 200. By 2018, Erik Finman already owned more than 400 Bitcoin, a very important sum for someone who believed in Bitcoin.


Eddy Zillan

Zillan entered the cryptocurrency trade at the age of 15 when he was practically a minor to start trading in exchanges such as Coinbase. However, Eddy ignored and ignored the age requirement to open an account in Coinbase exchange and Kraken with an initial investment of $ 100.

The first 24 hours produced a 10 percent gain that resulted in $ 10, which led him to increase his investment to $ 12,000, which was basically all the savings he had when training tennis.

In one year, its assets had increased in value to around $ 350,000 before they skyrocketed to more than 1 million.


Kristoffer Koch

The story of this millionaire is very particular, Koch invested in Bitcoin for the first time in 2009 the sum of $ 26 and forgot about the investment, in 2013 when BTC begins to sound louder and prices begin to rise Kristoffer remembers the investment made Years ago, after struggling to recover the password he had forgotten, he was pleasantly surprised that in 2009 he had bought 5000 Bitcoins that at that time had a value of $ 886,000. After buying his own apartment, Coch continued to invest in Bitcoin which has made him a brand new millionaire.

How are you? We found several more stories of people who saw their lives change for their investment in Bitcoin and other cryptocurrencies, or founders of cryptocurrency projects that managed to achieve success and exceed one million dollars.


Our possibilities

Based on these and other stories I wonder if investing in cryptocurrencies can make us millionaires, what do we need to achieve what they achieved?

There are several important things we can analyze from these stories. First of all, everyone invested in Bitcoin with really low prices, when the currency was worth virtually nothing, a condition that is very difficult to repeat, I think we will not see BTC cost $ 10 again.

Second, all these people benefited from the bullish rally until Bitcoin reached its all-time high in 2017, this plays in our favor as the most optimistic analysts expect Bitcoin to exceed its historical high of $ 20,000, to reach $ 50,000 and up to $ 100,000, I don't know if these predictions are well founded, But this is what some experts are writing.

Thirdly, these millionaires were patient, the most common characteristic among all the people who achieved fortune with cryptocurrencies is patience, some of them even though sometimes they have had losses in any downward trend, they have decided to keep their investment and even increase it .

It is said that for a cryptocurrency investor to see real and substantive gains in his investment, he must wait at least 5 years to see the fruit of the investment.



Fuente

In conclusion you have to be very patient, have a good reading of the market and in the end a bit of fortune to succeed and reach the million dollars that we so long to have in our bank account or in our wallet.

We are fortunate that cryptocurrencies, despite their volatile prices, are consolidating more and more, successful projects maintain the interest of investors and are beginning to make a difference in today's economy.

Let me know your opinion: Do you think cryptocurrencies can make us millionaires?


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5 years or more - is also time period which was (or maybe it still is) recommendable to keep your investments in place. Mostly stocks or bonds.

Hi dear @worldfinances, thanks for the support.

5 years or more - is also time period which was (or maybe it still is) recommendable to keep your investments in place.

So it's just custion of patience, knowing how to wait and read the market movement.

Thanks friend!
@fucho80

@tipu curate

Upvoted 👌 (Mana: 20/25)

Trains.. yes steam powered trains :) allowed us to move heavy loads over far distances.

Cars gave individuals the ability to travel on their own time (so long as there was a road).

Aircraft made it possible to travel anywhere.

The Internet, not only puts the whole world's library (not just Alexandria or the Library of Congress) in our pocket, but also let's us communicate directly (without a switchboard operator) any where in our solar system :P

Now, dChains (invented the word, have yet to see someone else use it) enable us to secure and transfer digital assets.

What do dChains mean for us?
Well, while a smart phone might let someone who does not even know how to read compete at the highest levels of Jeopardy, it does not take a mind through the levels of critical thought to recognize an original idea, and compare and contrast multiple concepts to formulate a unique solution. The power to exchange value, rather than buy it, does that get rid of .... itself?

What? I did not say it, only alluded to it, like in private clubs where it cannot be traced back to one in deliberation.

@fucho80, In my opinion, in past Bitcoin had very less user 👤 base and most importantly few were holding the majority of Bitcoin. In my opinion over the period of time Market matures with mature users and then in market we will see Stability once again. Let's see what happens, but hope that in this journey it will not lose the idea for which it existed at first place. Stay blessed.

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Hi @fucho80

Friend I cannot give a very accurate answer to that, because currently unless you have a lot of money it may come true.

But I am sure that being in this world has made me much happier, not a millionaire, but if I am very happy for all that I have managed to get in addition to good friends, I have managed to grow

Hi @lanzjoseg.

But I am sure that being in this world has made me much happier, not a millionaire, but if I am very happy for all that I have managed to get in addition to good friends, I have managed to grow.

That is very positive, brother. I know that this is something we cannot specify, however, it is an idea that comes to mind. You are right to say that this brings you happiness, that is a shared feeling, steemit and blockchain in general make you feel good, this catches you and it doesn't matter if you become a millionaire or not, it brings a lot of satisfaction.

Dear @fucho80, the trick lies in identifying and buying new coins that are cheap and have the potential to repeat the success of bitcoin. If you buy them now you will reap the benefits in the next bull run.

Hello dear @devann, thanks for your comment.

Very good recommendation, I agree with you, so we need to have a minimum of knowledge, know how the market is moving and based on that make our bet to make a profit.

I believe in the possibilities that cryptography gives us, that's why I think we should stay in the race.

Upvoted and resteemed @fucho80 :)

Greetings @fucho80, very interesting, of those stories I have read about a couple, I always remember the one of a boy to whom his grandfather when he died left 1000$ of inheritance and this was from one to invest it in BTC and that at the moment is a millionaire thanks to that investment.

Personally I doubt that such things can happen again at least to such magnitude, I'm thinking not so negative but is that you have to be honest, as you said the BTC is not going to return to $10 ...

But if I can come to think that why not currencies like the sbd or steem give us a respite as long as we need it more and more in the situation here in Venezuela and as the sponge says, this is the best way to "mine", the most economic and the most creative.

Thank you for reading my comment and wishing you a happy day, evening or night.✌️

Hello dear @jjqf, thanks for your comment.

But if I can come to think that why not currencies like the sbd or steem give us a respite as long as we need it more and more in the situation here in Venezuela and as the sponge says, this is the best way to "mine ", the most economic and the most creative.

According to you, it is very difficult that stories like these are repeated, but I think it is not impossible, maybe not how you are but if someone has the possibility of investing you can get very good profits.

What you say about steem is reality, it has become a financial relief for us despite its low prices, we pray that prices will recover and we will be able to solve more things with the profits obtained.
@fucho80