Bitcoin Won’t Make You Rich, Sorry

Bitcoin is not going to create any new millionaires this bull season that aren’t already quite rich. From what I can see, the maximum BTC can do is a 3x. To be a millionaire from that, you aught to already have a third of that invested in bitcoin already. So, either you’re all ready very rich and can afford to have $0.3Million invested in BTC, or you put the money in a long time ago ad are now relatively well off. If you’re the average Joe, Jane or even Jonathan for that matter, with our measly $1000, I’m sorry to break it to you that Bitcoin won’t make you rich this season.

Altcoins, on the other had - totally different story. Indeed there are average Joes, Janes, Jonathans and even Jeremys out there that are going to make “life changing” money from crypto this bull season - in as near as 3 months from now. There are micro caps out there that are going to do 1000x 100000x and beyond. The questions is, which coins? Nobody knows the answer, alas!

What is almost as certain as death, however, is that bitcoin will create many new paupers this season. There are several reasons why this will happen, which I mentioned in this video below.

Peace & Love,

Adé