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RE: Market update friday 2nd February 2018. Cryptomarket bleeding. My strategy going forward looking at some facts.
Excellent thinking and well written @scandinavianlife. But here is one thing I disagree with:
So make no mistake. If you invest $5000 dollars into cryptos even at todays price, you probably will never see those 5 grand turn unto a million. The threshold of making huge gains has increased.
I honestly believe that even $500 invested today, will turn into many millions within 10 years time.
That's over 1000x return in 5 years. Meaning you believe the mcap will be 4000 trillion, or 4 quadrillion. Thats over 60 times more money than there is on earth :)