It seems to me everyone seems to be thinking they're going to 100x their investment in crypto, and it seems like they're expecting this kind of return in less than 5 years. Yet they're also talking about Bitcoin, Eth, ADA
Bitcoin has a market cap of $1 trillion Ethereum $500 billion (rounded for simplicity) Cardano $70 billion
So are people seriously expecting in a few short years Bitcoin to grow to have a market cap of $100 trillion? That would put Bitcoin equal to the market cap of EVERY publicly traded stock in the world.
Ethereum at $50 trillion is about the value of the total US bond market.
Cardano at $7 trillion would have the same value as roughly half of all goods and services produced in China. Or about $2 trillion more than all the goods and services produced in Japan. If you're really really really lucky maybe Cardano will surpass Ethereum, flip Bitcoin and get there in 10 years.
Maybe overall things can reach these values but it might take 20-30 years to get there.
If people want to make picks they think will 100x it seems like you gotta be looking at things with a market cap of about $100 million. That only needs to grow to $10 billion to get a 100x. That actually might be really feasible if you select the right project. And you have got to really understand this space to pick the right projects. But no one is talking about their lambos coming from anything with a $100mln market cap. Everyone is thinking the large caps are going to get them there. If your one of these people I'm not saying don't invest in crypto but definitely don't quit your day job. Temper your expectations.
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