That train already passed... to have huge profits someone need to look at smaller projects. Coin out of top100
The smaller projects can be very risky as no one knows that which project becomes a fraud and goes to zero in value. I've invested in smaller projects in 2021 but unluckily I have lost all the investment and all of those coins went to zero in value.
I would never suggest anyone to go with smaller projects but if someone still thinks that there is money in those smaller projects then those investors should put very small amount of money into those altcoins that may grow later. It's not going to be an investment but a type of gambling I guess because it has huge risks and that's why I recommend everyone to be cautious when investing into small projects.
You are correct, small projets are very risky. However, the higher the risk, the higher the reward.
I have gained and I have lost money in small projects. There is a chance of success. And as the top says 'cryptocurrencies to get rich', you must take some risks.
Being realistic, nobody is gonna become rich investing small amounts in bitcoin/XP/ADA/SOL, etc.... People became rich investing in those coins 5-10 years ago, not anymore. You can get nice gains, but I doubt those coins will fold 10x,20x,40x like before...
You are completely right, and I agree with you, one thing very certain is that investing in altcoin projects that have become really big, like the likes of Ethereum, Solana, avalanche, TRX binance coin and so on, investing in such coins will only yield a good amount of profit for the investor only if the investor invests a huge amount of money as well, its just as you have said, investing in bitcoin now can not make one rich except the investor is already rich enough to invest a really huge funds in bitcoin.
For anyone who wants to become rich through cryptocurrency investment, he or she should start finding really good micro cap coins or tokens and invest in term, micro cap coins are coins with a market capitalization of 100 million dollars or less.
This are the types of coins that can truly make people rich, if one is lucky enough to invest in the right one.
Investing in micro cap coins is very risky, as some of them end up failing even before the real journey began, but like I said before, if one is lucky enough to have an investment in one that breaks out, a good amount of money will be made, which can make such person a rich person.