Million on crypt – how to get rich?


Many ordinary people dream of making a million by investing or trading. You can stumble upon videos on YouTube channels where some seemingly successful person says that making millions of dollars is not so difficult. Yes, it’s not difficult, especially if you already have a million. Many of these internet speakers are common scammers who sell their “knowledge” for money. As a result, he gets rich, and you waste money. But how, then, can you make a million? In this article, we will tell you what investment options exist that can bring a profit, with the right approach.

Venture investments

This investment method is familiar to many people. He migrated to the crypto industry from the traditional financial market. Venture capital investments are quite profitable, however, along with profitability, they are quite risky. Everything works as follows: you find an interesting startup, project or idea that needs money. The next thing to do is invest. What profit can you get from this? It’s simple, when the project begins its development, the share in the company will belong to you. As you can understand, the main and main advantage of venture capital investments is great profitability. History knows enough stories of such investors who, having believed in the project, became rich. In order not to be unfounded, let us take the example of the investor Peter Thiel. Back in 2004, a man saw prospects in the nascent Facebook company. He decides to help the project with money and invests $ 500,000, for which he receives a share in the company in the amount of 10.2%. Eight years later, Thiel sells the company’s securities and becomes a dollar billionaire.

It is worth remembering that this type of investment has two sides to the coin. We have already disassembled the first, but the second is more unpleasant. It consists in the fact that if it turns out to run into an unsuccessful project and it goes broke, not having time to make a profit, then all the invested funds will go away after him. You can, of course, use the tactics and invest in several projects of interest at once, but in this case, you need to have impressive capital.

According to statistics for 2021, twice as much money was invested in the venture capital market compared to 2020. After last year’s coronavirus pandemic, many economic areas began to actively develop, thereby attracting investment funds to startups.

As examples, we have compiled a selection of three different companies that have growth potential:

  • ByteDance. Private holding company, originally from China. She owns quite popular global services such as: TikTok, Vigo, Xigua and a number of others. The organization is engaged in the development of technological solutions based on artificial intelligence. The main source of profit for the company is online advertising, but ByteDance plans to enter the e-commerce market. At the moment, the company has about 29 investors, with a total investment of $ 9.4 billion.
  • Stripe. The Techno Company is originally from the United States. Provides services for receiving and processing payments for online companies. The services of the organization are used by such corporations as: Amazon, Under Armor and others. The main source of income for Stripe is commission fees. It is $ 0.3 for each money transfer. Today the company has about 42 investors who have invested $ 7.5 billion in the company.
  • SpaceX. Surely everyone has already heard of such a company as SpaceX. The founder of the company is the genius and billionaire Elon Musk. In addition to creating electric cars, Musk dreams of the idea of ​​colonizing the red planet. In 2026, it is planned to send a man to Mars for the first time, with the help of SpaceX. The company is also the first commercial organization to deliver astronauts to the International Space Station. Today, from the company’s achievements, it can be noted that it has entered into a contract with NASA for the production of the Starship spacecraft. The total amount of attracted investments is estimated at $ 7.5 billion.

After analyzing these three progressive companies, we can conclude that venture capital investments have two options for the outcome of events: either you will become very rich, or you will lose all your investments.

Cryptocurrency

In the spring of 2020, a global lockdown occurred. The coronavirus pandemic has literally brought down many financial markets. The crypto industry did not stand aside either. Some of the cryptocurrency investors realized that such a sharp drop would be followed by a recovery and invested in digital assets. This contributed to the replenishment of their wallet. Looking at this, the conclusion suggests that digital assets are at the same time a very profitable way of investing, with the help of which you can earn a million, but at the same time, there is a risk of being left with nothing. Next, we will analyze a few coins that have shown significant growth in a short time frame.

Solana

Solana is a high speed blockchain platform. It is designed to create decentralized applications and smart contracts. The project became popular in 2021, at which time the SOL coin grew by 3000%, and in a matter of months it entered the segment of decentralized finance and non-fungible tokens. At the beginning of the year, the SOL coin cost only $ 3, but in a few months there was a sharp rise and now its value is $ 209. At the moment, Solana has a fairly large and active community on the Telegram channel. More than 200 different projects have been launched on the blockchain. The coin appeared in the spring of 2020, then investors reacted to it with extreme skepticism.

Dogecoin 

The digital asset Dogecoin was created based on an internet meme depicting a Shiba Inu dog. Initially, the coin was treated with humor and considered a joke. The price of the coin was $ 0.003. All this continued until 2021, when its value began to rise sharply. This happened when Elon Musk announced that he is the CEO of Dogecoin. After this message, Reddit users began to actively buy the coin, which added to its growth. Today, Dogecoin, which was once considered a joke coin, is in the top 10 coins in terms of capitalization and continues to grow further.

Shiba Inu

Another joke coin, which is a Dogecoin clone. Made a splash on the Internet, with rapid growth. For several months, the coin has risen in price by 500,000 times. Dogecoin is considered to be the initiator of such growth, which helped its clone to gain massive popularity. With such coins, do not forget that their main success lies in the hype. An example is the recent surge in interest in the coin. It is connected with the fact that online broker Robinhood is thinking about SHIB listing. After that, a wave of hype rose, people even began to collect signatures for a petition. This contributed to the fact that the meme-coin was able to get into the TOP-10 in terms of cryptocurrency capitalization. However, today, Shiba Inu has lost ground and is ranked 11th.

Bitcoin

So the turn came to the first cryptocurrency. Unlike meme coins, bitcoin will not lose its attractiveness among investors. Contrary to the opinions that large sums of money need to be invested in bitcoin in order to earn something, we can give a fresh example. In March 2020, the price of the first cryptocurrency was $ 5,000 – this happened due to a pandemic. After just one year, bitcoin rose to a historic high and began to cost $ 65,000. According to experts and analysts, the price of bitcoin will only grow, so it is certainly possible to invest in it.

Conclusion

Based on the above examples, we can conclude that making a million dollars is real, but it will take a lot of time or luck. It should always be understood that your investments may “burn out”. Therefore, in the pursuit of profit, you should not put everything that is already on the line. In case you are interested in the digital assets provided in this article, then pay attention to the excellent trader’s assistant – a trading bot. And in order to choose a bot, you suggest paying attention to one of the leaders of the RevenueBot segment. It will help you comfortably trade top cryptocurrency assets. The service provides the opportunity to create trading bots on the largest cryptocurrency exchanges: Binance, Bittrex, Bitfinex, Exmo and others. Creating a bot is free of charge, the service will not take commissions until the client begins to make a profit from trading the bot. With the help of deep settings of the bot, the service’s clients implement trading strategies that are problematic to experience in normal trading. We will immediately indicate: the bot does not have access to customer funds on the exchange, but trades using API keys, that is, the account will remain out of access. RevenueBot has over 28 thousand customers who earn money thanks to trading bots.

Why should I choose this service?

  • Pay the commission only after making a profit.
  • The bot settings open up a variety of ways to make a profit.
  • Inside RevenueBot, a marketplace is implemented where customers can buy a ready-made bot so as not to bother creating their own, or sell their own if the configuration has shown efficiency. Also, the services of a mentor (an experienced customer of the service) are purchased on the marketplace, who is ready to answer the questions of newcomers. Over time, you can become a mentor yourself, getting additional profit for this.
  • Regular updates of the service’s features that optimize the trading process.
  • The presence of the RevenueBot referral program allows you to earn money on trading, even without resorting to trading. Attract new customers for the service and get up to 30% of the profit they receive every month (but not more than 15 USD).

This is a small list of the advantages of the service. You can continue to list the positive qualities of RevenueBot, but why do this if you can go to the official website of the service and see for yourself everything? It is highly recommended to make decisions faster, because the crypto market does not stand still, but grows at exorbitant steps. Who knows how much profit is missed by someone who does not dare to come and start trading with RevenueBot.

14 views
0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments