A lot of the original value will come from Bitcoin but the splash out to everything else will dwarf BTC gains just like it does every boom cycle. For example someone only has to pump a couple million dollars into Hive for it to pull triple digit percentage gains.
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yes, I can concede that. But will everyone gain on alts, or just a small %?
I've been in this game since 2017 and I've played it quite badly.
And yet I'm still at six-figures and almost guaranteed to hit 7 next year.
Considering I was only working a part time job for $15 an hour from 2017-2021 I'd say I'm doing pretty good. So what is the time preference here? 1 year? 5? 10? New users tend to lose money because they join at peak FOMO.
That's pretty good going. Certainly you won't get any near success from the s&p 500.