There are cryptos that can make you a millionaire this year. There are 3 cryptocurrencies that can make you a millionaire but only if you have $10,000 invested in them each.
This would require them to go 100x, so that your $10,000 turns into $1,000,000.
All of those cryptos can go 1,000x with the next bull run. However, this bull run will probably take 3–5 years, so for this year a 100x is possible.
There are only 3 cryptocurrencies that can make you a millionaire.
- DENT $30M to $3B = 100x return
For this to happen, DENT would need to enter the top 30 of the world’s biggest telco, for which it would need 50M total users and get $300M in data packages sold/gross-revenue.
Right now, DENT has 11M users and $48M in data packages sold/gross revenue. It doesn’t look too bad.
- BAT $100M to $10B = 100x return
For this to happen, BAT would need to become a serious competitor to Google and Facebook and get $300M in ads served/gross-revenue.
- Elastos, Zilliqa, Holochain or Quarkchain from $50M to $5B
Here, we have 4 blockchains competing for being the best blockchain. They are the only blockchains are near infinitely scalable and near infinitely decentralized.
I don’t think the best blockchain can achieve this level with actual adoption, because crypto investors don’t care about that really, but through actual hype.
Tron is the best blockchain in the hype department, but their technology is just too weak to compete with the above blockchains.
Quarkchain and Holochain are the best of the above in the hype department, so I see an advantage for them here.
BAT and DENT are no brainers, but it’s a difficult choice between those 4 blockchains. Quarkchain said they will launch their mainnet in Q1, so this is only 6 weeks left. Holochain will only launch the middle of this year.
You may be interested to read: Is Bitcoin a Long-term Investment?
To become a millionaire this year, you need to have $10,000 invested in each of those 3 coins to be sure.
- Quarkchain or Holochain (maybe also Zilliqa and Elastos).
Still, you also, need some luck and have Bitcoin go up to a $10,000 price. If Bitcoin stays below $5,000 this year (which I don’t see happening), then nothing of the above mentioned will happen.
However, if it does, then it could really happen.