miniwhale here from this thread: So I currently have about 400k in crypto, having already cashed out 200k into fiat. At the height of my powers I had 1.3MM in crypto, but the crash set me back. Initial investment was 20k back in May of last year.
Let's have a serious discussion about crypto's future. I'm sipping on some goose mixed with kombucha and feeling generous. So let me give you my analysis of crypto in the coming months.
I have friends who own millions in bitcoin. Nerdy guys that I started a company with who are the ones who told me to get into it last year. The one I know with the most has over 8MM worth of bitcoin, and that's not factoring in the BCH he got during the forks. They were all original investors and are all in their 40s-50s. I'm 29. The guy with 8MM doesn't trade, but all the other ones do and are part of secret groups that gave me the tips to get me to my current worth. I would have A LOT more money but I trade like a retard and made some seriously stupid gambles with assloads of money. I don't really care because I come from a pretty rich family and crypto is just like play money to me.
The next rush is going to be with actual adoption. This past year has been about hype- generating enough interest and investors so that crypto companies could establish themselves with a physical presence, and now we're going to see the biggest boom yet to come. These people I'm trading with anticipate they'll make another 20-50x profit within the next two years.
The problem is it won't be random shitcoins going 20x due to hype anymore, it will be from partnerships and use cases in the real world. What this means is that you might actually have to do some fucking research and not just trade between jacking off (as I did).
If you invested at the very top like a complete tard fret not, you should be ok PENDING your investments were in real coins with real teams behind them. Choose your coins wisely.