Can a thousand dollars make a hundred thousand in the crypto world?
Things happening around us.
The shop owner downstairs, in 2013, was accidentally pulled in by a relative to buy Dogecoin, both of them bought ten thousand dollars.
Dogecoin surged, the account balance reached 500,000, the relative sold and exited, urging the shop owner to run as well. The shop owner, seeing the crypto market booming, thought it would rise further, so he didn't sell.
Then Dogecoin plummeted, and the account balance dropped to just over a thousand. The shop owner deleted the exchange app.
In 2022, Dogecoin skyrocketed, and after hearing about it, the shop owner re-downloaded the exchange app. At that time, I saw his account peak at over 8 million.
So how should we address this question? Having witnessed a real case, I believe it is possible, but it requires luck + choice + persistence, all of which are indispensable.
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