The reality is that Bitcoin has matured into a well-established investment, similar to how we view precious metals or major stocks.
For investments considered secure, a 100% annual return is really quite impressive. Getting a tenfold return is pretty much a long shot; the last time BTC saw such growth was back in 2020 to 2021. Nobody expects gold to give a 10x return either.
This isn’t exactly breaking news. Bitcoin stopped being an extraordinary investment around 2021 when its market cap hit a trillion bucks. It’s worth mentioning this since a lot of people, like Mark Cuban, have been saying Bitcoin’s performance has been underwhelming lately.
But honestly, Bitcoin hasn’t "stalled". It’s just reached a new level of maturity. Look at the ROI of traditional assets (in USD) from this link.
This isn’t necessarily good or bad. It’s just how every successful asset evolves over time. If you’re aiming for those crazy 10x or 100x returns, you’ll need to search for the next Bitcoin something that’s in a similar spot to where Bitcoin was back in the 2010s.
The reality check on Bitcoin as a solid investment now
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crypto_chainMember
Posts: 352 · Reputation: 72
#2Mar 22, 2018, 08:27 AM
Bitcoin was not just demanded by the people like that, but they ensure that it fixes in their immediate challenges encountered in financial economy, it has been long overdue that people wanted to have an alternative digital currency and they have been a lot of efforts to create digital coins and availed not, until satoshi became the first successful digital currency inventor that brought about bitcoin into existence and we all use it to this day for our financial freedom.
What coin will that be, to be in such a position? As we don't know the fate and future of any coin in the market that will continue to survive the bearish market, control the market, gain investors trust, and build a strong community that will stand by it without giving up on its potential in the long run.
I feel it's wise for us to have our focus on Bitcoin alone rather than continue to think we can find a rare gem coin that won't be centralized that will give us a 10x or 100x profits in the future.
orbit_falconMember
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#4Mar 22, 2018, 01:59 PM
So, these were AI stocks, but the time to buy was in 2020-2022, when the companies were just developing. Back then, few believed in the commercial success of neural networks. Anything related to it was worth buying: Nvidia, memory chip manufacturers. Perhaps companies developing AI agents will also grow.
orbitone109Member
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#5Mar 24, 2018, 06:22 PM
That is the problem, since there are thousands of projects launched everyday and most of them trying to be the next bitcoin so what are you going to do? Invest in all of them or going to gamble with a few still it is not same as bitcoin was in 2010. So my suggestion will be instead of focuing on 100x in a year just focus on holding your bitcoins for atleast a cycle then it should give you decent returns than any other traditional investments.
Anything that is invested in with the potential return of 10x or 100x profit is just leverage and it is high risk to me. I only know how Bitcoin can hit this potential because of the effect of volatility as its price driving mechanism among other factors.
Bitcoin is still being integrated into the global financial system and as it is notably known as digital gold in this reign, it earned the right to rank among gold and other precious asset that is a wealth builder, bringer and multiplier.
Well, yes, it's no longer the electronic digital money originally envisioned. I think bitcoin is closer to tech stocks (thankfully, it's still tech).
Do you know many financial instruments with similar returns?
Why not? This market still has plenty of room to fall (and then grow exponentially). Of course, it's unlikely to be tenfold, but severalfold is certainly possible.
That's why people invest in bitcoin. With this asset, such tricks are quite possible (even now).
It was inevitable, because the "sweet" time with mind-blowing X-s can't last forever.
Well, bitcoin is still quite capable of showing 10x (not as fast). 100x? Don't offer me shitcoins.
The thing is that Bitcoin is the first, so what follows is just a copy cat or what we call alternavite crypto. So we might not find that gem in the future, although there are a lot of hype coins or meme coins that can give us that x return, but you really need to be an early bird because once it exploded for sure it won't last that long and it won't have that staying power as Bitcoin.
Someone mentions AI, it could be true, but then again if it is going to be crypto + AI, then still be hype so it might fall into what I have describe above. All is just in for the hype and pump and dump.
the_quantumNewbie
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#9Mar 25, 2018, 04:49 AM
Someone expecting a 10x annual return or above is crazy even when those who entered bitcoin in the early days realised that it was not entirely their plan, but demand just made it possible, trying to set a target of 10x that will easily land the person in the wrong investment hand by chasing what appears to be promising, but in reality it has high tendency of taking your asset away rather and bringing in profit.
I think the biggest bad narrative about this market is actually the look out for next bitcoin, there is nothing like the next bitcoin. This is the narrative that most influencers have passed to get their follows but some of the pump and dump scam tokens we have now. Looking for the next coin to actually buy and get a 10x is not differen from anyone who actually is into gambling or Ponzi scheme. Its not that they are not coins that have done 10x aside bitcoin there are even meme coins that can go 20x or move but the ability to get any of this is actually not easy and usually the funds wasted on finding them are not actually reasonable to me.
Bitcoin too can do a 10x from the current price, bitcoin getting to $700k is actually a 10x from its current price and this is possible in my opinion because bitcoin will one day attain this high. But the problem is some investors are not patient enough to hold till then
In 2010 there was only Bitcoin, now there are 20,000+ altcoins, 99% of which will die or become -99%. Now to achieve a 10x or 100x annual return the odds are 1 in 20,000. From 2013-2023, thousands of "Bitcoin candidates" have collapsed, only a few, such as ETH, BNB, and SOL, have managed to reach 100x, while the rest have become graveyards for investors. Nowadays it is very difficult to find 1 coin that meets those criteria, if any, it is like finding 1 needle in 10 haystacks while blindfolded.
Investors who manage to make 100x returns on altcoins usually don't become the new rich, the reason being they don't dare to invest large sums of money. It is very rare to find investors who invest $100 in Altcoin to become $100,000 because when it reaches 10x they immediately sell it. The only ones who really hold from 10x to 100x are only 2 types of investors, namely insiders or those who forgot their passwords.
It's okay if someone is chasing 100x, but don't sacrifice Bitcoin, because 99% of "next Bitcoin" hunters end up poorer than small investors who consistently apply DCA strategies in Bitcoin.
One thing is certain: we can never achieve anything extraordinary unless we strive for the impossible (or what currently seems impossible to most of us).
The world is full of wonderful opportunities, and it depends on us whether we are open enough to see them. In 1990. In 2010. In 2030.
A 100-fold annual return is a magical numbereven Bitcoin has achieved it only once (in 2013). No one can tell you which asset is the 100x one, and if someone does, you shouldn't believe himyou have to find it yourself.
ledgerz975Member
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#13Mar 27, 2018, 09:28 AM
I was looking for the next 10X for over 4 years, now my alt portfolio is down 86%, so I will rather stick with BTC alone.
orbit_stackMember
Posts: 288 · Reputation: 105
#14Mar 29, 2018, 02:26 AM
You're not wrong. The bigger an asset gets, the lower its volatility becomes. Bitcoin doesn't do 10x in a year anymore; it won't even do a 5x increase in a year. In the same way, the chances of Bitcoin crashing to $10k are also very low
We know it's easier for things to come down than go up. It is easier for Bitcoin to drop 50% than to increase by 50%.
What you wrote isn't in line with what the OP said. Or am I the one who didn't get it?
Try to write better.
Hint: Keep it simple. Don't try to overcomplicate things with a formal English structure, unless you're good at it. Write as you would write in an informal discussion.
I don't think Bitcoin needs another 100x to remain valuable. The bigger opportunity now may be expanding what people can actually do with their BTC while continuing to hold it.
block_quantumMember
Posts: 232 · Reputation: 56
#16Mar 29, 2018, 12:09 PM
Profiting from Bitcoin might not be annual, you mentioned that if someone is expecting 10x or 100x per annum, they should look for another asset similar to Bitcoin but Bitcoin is kind of different in such a way that you could buy Bitcoin right now and it 1 year period, the price could be down far beyond the actual price you purchased it at, you will then have to wait for a bull season before you make profits that will actually be worth the time of waiting. Some other investment or asset has a fix profit per annum but Bitcoin is not fix but the profit can be good for those that has the ability to wait for the right time before they sell. So, still choose Bitcoin over other asset.
just_orbitMember
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#17Mar 30, 2018, 02:02 AM
The "find the next Bitcoin" part is where most people lose money. That search has funded a decade of scam premines and misery. Chances are the next 100x isn't a coin, so if you're making money and want to keep the money that you make in a hard asset over the long term, Bitcoin is probably the best choice.
If you want to invest them into something separate, and not save them, then Bitcoin is one good choice. But for SAVING, Bitcoin is king.
satoshi_stackNewbie
Posts: 49 · Reputation: 37
#18Mar 30, 2018, 03:34 AM
I agree with the view that the more established and widely adopted bitcoin becomes, the smaller the price "X " we'll likely see at the peak of each bull cycle.That said, its market cycles are still relatively short. And when viewed from a long-term perspective, there are very few assets that are so easy to own and manage while also having already proven their resilience and long-term stability.
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