Yes, I know that many will say it is enough to trade and blah blah blah, but the truth is one: the time to get rich with cryptocurrencies is over!
What made an individual become a millionaire with Crypto?
Buy the coin during low capitalization and wait for the hype, which could take a long time; back then, projects launched coins with low capitalization and large distribution, which ended up keeping their pricing low for a long time.
Another important point was competition; there were less than 20,000 projects worldwide, meaning money was concentrated in a few. And those few made gradual launches, including Bitcoin itself; projects started capitalizing, raised funds, and increased listings, thus increasing demand and creating an environment of increased capitalization and consequently appreciation.
Today the launch system has changed; projects start capitalizing through a capital fund, they do an initial mass launch on all exchanges with high pricing and reduced supply, thus creating a false pricing, meaning that the vast majority is not traded at the real value, along with the number of coins in the market dispersing capital, ready, perfect mechanics to swim, swim, and die on the beach.
Am I saying that cryptocurrencies are bad?
No! The ecosystem is perfect, especially for everyday use, global transfers, etc., but is it still possible to become a millionaire with Crypto? No!
The cryptocurrency market has become what was the biggest fear of some cryptocoiners a few years ago, an institutionalized market, a true global stock exchange.
Does this text have writing errors and blah blah blah?
Yes, because it was created by me, William known as Horda, a human who breathes, eats, and makes mistakes, taken from my brain.
Yes, I am human and I write; I am not GPT or anything like that, plasticized, and as I describe texts created by these artificial intelligences, I am fed up with all of this.
