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Getting rich off Bitcoin

People talk a lot about how you can get rich off Bitcoin. Realistically, it's been many years since buying BTCUSD offered a chance to make very serious money.

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The one I see most often is, "If you'd bought the high in 2017 and rode out the down move you'd be rich right now". No, you'd not. Unless you were 1/3 of the way to rich before and will to risk 90% of that. Go from being 1/3 rich to borderline poor and then finally getting all the way to rich. Even buying into the lows of the previous mega crash would have made 1,000% return (Which is a lot, but not enough to make most people significantly wealthy).

People speak about BTC as if the opportunity to make 100 times your money is there in the same way it was when it went from $1 to $100. But for this to happen today, the price of a single Bitcoin would have to be $57 million in the future. I think the idea of "Becoming wealthy" through small BTC investments and super high gains mow exists mostly as a legend of what was once possible.

The BTC community seems to tacitly understand this (And this is why the pump and dump moves in the alts are so attractive) - but it's rarely ever discussed.



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