Becoming crypto millionaire, changes increased or decreased?

[Findingnemo]

Anyone who invest in the crypto has this thought of becoming rich one day so let's discuss whether it's still possible in 2025 or it has been decreased due to the changes and new projects popping up.

In those days someone who bought bitcoin for $100 or even turned them into millions or even in billions and now Bitcoin is out of reach for average folks so they just move towards the altcoins with similar hopes and to be honest some of them made fortune with altcoins too like meme coin trend made some new millionaires however the trends are getting out of reach, new projects everyday so the trend keep changing makes it harder than ever.

[omori]

You can become a happy hodler with no worries or gamble away your chances and funds to make some bigger profit and become a story for newbies to try the same.

It's your pick, really, and I do think the latter became increasingly more possible than the first option.

[Findingnemo]

You can become a happy hodler with no worries or gamble away your chances and funds to make some bigger profit and become a story for newbies to try the same.

It's your pick, really, and I do think the latter became increasingly more possible than the first option.

So you're saying not?

[omori]

You can become a happy hodler with no worries or gamble away your chances and funds to make some bigger profit and become a story for newbies to try the same.

It's your pick, really, and I do think the latter became increasingly more possible than the first option.

So you're saying not?

Rather no than yes.

[Vx1]

We can invest in Altcoin if we feel Bitcoin is too expensive to buy, There are many choices of Altcoin that we can choose. But to do that we must be able to analyze well to determine the choice, so that we find Altcoin that will make us rich. And this is still a big opportunity to get profit and get rich from crypto, because cryptocurrency is still growing and we have to follow it.

[Stompix]

Absolutely decreased.

It's a thing of math, at first it's easy to multiply $1 into 1 million because of the initial share versus possible growth.
People enjoyed 20x profits from 3 cents on 60  cents on bitcoin while the whole market cap was below 10 millions, now to do a 20x you need 20 trillions, at one time is the payday of a NBA player at the other it's the GDP of the USA.

[0t3p0t]

I believe there are still few that become millionaires even on this crazy market without some hype and trend and that that's from future's trading if I am not wrong it could also be that there are still making millions from trading memecoins but what we have right now is quite different from November 2024 to January 2025.

[tequilla_sunset]

I believe there are still few that become millionaires even on this crazy market without some hype and trend and that that's from future's trading if I am not wrong it could also be that there are still making millions from trading memecoins but what we have right now is quite different from November 2024 to January 2025.

More memes, less innovation.

And more trends that change one another.
 

[joniboini]

I believe there are still few that become millionaires even on this crazy market without some hype and trend and that that's from future's trading if I am not wrong it could also be that there are still making millions from trading memecoins but what we have right now is quite different from November 2024 to January 2025.

I think the number of people who win by doing leverages is much smaller than the number of people who lose money though, it's not as easy as the old way of buying $100 Bitcoin and waiting until it hits $20k to cash out.

I personally believe the chances decrease if we're sticking with high marketcap coins like BTC. Nothing lasts forever so it shouldn't be a surprise, early buyers always win regardless of what asset you pick (plus you're lucky).

[hugeblack]

In the past, altcoin projects involved a certain amount of effort, with project developers striving to make the project successful (especially POW) and share profits with those who believed in the project idea. However, in recent years, the success of POS and tokens like BNB SHIBA has made it possible to have centralized cOINs with unlimited supply and attract customers. Consequently, all projects have become focused on marketing and quick profits rather than sharing profits with those who believe in/invest in the token.

[rdluffy]

To tell you the truth, I think the odds look the same as in the past
If in the past the marketcap was smaller, and several projects made 100x or even 1000x, making it seem “easy” to become a millionaire, nowadays with the bigger market, more projects and more money in the marketcap, it has opened up even more possibilities to make money (or lose it).

But I must warn you, it seems easy to make a lot of money in cryptos, and there are the big cases that come out in the news, of someone who bought 10k USD in TRUMP and became a millionaire, or someone who found a forgotten hard drive with a wallet of several BTC etc, but these are few cases and you can lose a lot of money too

[JoyMarsha]

It may not be in Bitcoin actually; it will actually be from altcoin investments, will someone be rich someday through crypto investors? That's the mind of almost all crypto investors: to look for less expensive coins, buy them low, and sell them at high prices.

Many investors have this idea of becoming rich through altcoin investments. They are just investing in the way they can, hoping that the market will turn in their favor and that the altcoins they invested in will soar, making them rich over time.

[Trongduy]

I think the number of people who win by doing leverages is much smaller than the number of people who lose money though, it's not as easy as the old way of buying $100 Bitcoin and waiting until it hits $20k to cash out.

I personally believe the chances decrease if we're sticking with high marketcap coins like BTC. Nothing lasts forever so it shouldn't be a surprise, early buyers always win regardless of what asset you pick (plus you're lucky).

The key to profit lies in the ability to assess a token's potential for investment, not in indiscriminate accumulation. Many top coins have vanished from this market, and investors should be wise enough not to place their trust in the wrong place.

BTC is very popular, but unfortunately, many investors want to take risks to gain higher profits; they are not willing to get rich slowly. They want to be quick and seize all the profits in this market

[Rubel007]

I think the number of people who win by doing leverages is much smaller than the number of people who lose money though, it's not as easy as the old way of buying $100 Bitcoin and waiting until it hits $20k to cash out.

I personally believe the chances decrease if we're sticking with high marketcap coins like BTC. Nothing lasts forever so it shouldn't be a surprise, early buyers always win regardless of what asset you pick (plus you're lucky).

The key to profit lies in the ability to assess a token's potential for investment, not in indiscriminate accumulation. Many top coins have vanished from this market, and investors should be wise enough not to place their trust in the wrong place.

BTC is very popular, but unfortunately, many investors want to take risks to gain higher profits; they are not willing to get rich slowly. They want to be quick and seize all the profits in this market

Those who want to get rich quickly from the market have a huge chance of losing. People can get rich by investing in Bitcoin, but they need to be careful. Those who want to get rich by investing in Bitcoin in a short time will never get rich, but their chances of losing will increase significantly. There are some people who choose the wrong platforms for short-term investment and end up losing everything in the long run. Investors must be careful in choosing assets.

[0t3p0t]

I personally believe the chances decrease if we're sticking with high marketcap coins like BTC. Nothing lasts forever so it shouldn't be a surprise, early buyers always win regardless of what asset you pick (plus you're lucky).

I agree with the first line because of the fact that it is now hard to atleast buy whole Bitcoin due to high price. The second line was very accurate for me beacuse wthere we like it or not early buyers from memecoins, or those established coins like Bitcoin ,Ethereum, BNB and Solana early buyers really always has an advantage plus luck for choosing as we all know only few made it from the beginning until the time they blew up.