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The truth is that to make a lot of money, you need a lot of money to begin with

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by COINS NEWS 102 Views

Unless someone has gotten lucky and invested in Bitcoin right when it started, it takes a lot of money to make a lot of money in Crypto.

When you see people ending up with millions, it's because they had invested hundreds of thousands, not mere couple thousands. Even a 10x is amazing for your investment, but if you've only invested a small amount, that won't you give the chance to retire with that money, as even that's rare to see today, unless we're talking about Memecoins and all.

What's possible of course is to find some kind of a memecoin or a new alt for that 100x, but 90% of the time this is just throwing your money to trash, because only a few people truly make that much money out of those coins, and you become a victim of all the people who did.

The risky side of it is simply too risky for someone who doesn't have much money to invest in it. No one who is poor can throw in a thousand dollar into a coin that has a 99% chance of making him lose all his money in a single day. And I definitely don't recommend this route.

If you've not invested much, it's also better to keep in mind how much realistically you can make and not get carried away with all these prices.

submitted by /u/Elie0_0
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