Ethereum Millionaire: Become Rich with 10 ETH (Why It’s Realistic)

welcome to bitboy crypto the largest cryptocurrency channel in all the interwebs my name is ben everyday on this channel i show you how to make money in cryptocurrency if you like money and crypto make sure to go ahead and hit that subscribe button well happy easter east has arisen and uh you know hope a lot of you guys remember what today is uh really all about it's not all about easter egg hunts uh it's about uh you know the lord and ether uh so guys let's get into this video today i've got a few things i want to talk to you guys about and kind of a funny story uh that just comes along with uh being in this business so i think you guys might find kind of funny i know i did uh so first we're going to talk about bitcoin i'm going to tell a little story then i want to talk about ethereum and something that people fundamentally misunderstand about the opportunity that lies with ethereum why i'm so incredibly bullish on it okay guys so let's start with bitcoin so yesterday bitcoin had a dramatic fall a lot of people believe that this was due to facebook news getting released about how in 2019 they had a huge hack where i think it was i can't remember the exact number i think it's like 500 million people 500 million people's data or something like that was leaked and all the hackers released all the data yesterday well here's the thing about that did you think facebook didn't have all your data hacked anyways i mean that information probably is uh all around but the thing you need to be paying attention to is that when it comes to uh when it comes to your data and george was talking about this last night uh from crypto's rs so you know i got kind of this idea to talk about this from him so i want to give him a little credit there the fact is is that all of the information that was included in this facebook hack is all the information you would need to try to sim card swap someone or try to go to an exchange and tell them hey you know i have my account hacked and then you give them all the fake person's information or you give the you are the fake person if you're doing this which i don't think you guys are hackers but i basically only short of it is if you know someone's birthday their email address all of their personal information then that gives you the opportunity to possibly be able to you know break into someone's account somewhere whether it's an exchange you guys just remember to be safe if you are gonna have money on an exchange make sure it's for trading if you have any money on an exchange that's outside of what you specifically trade with on a daily basis make sure it's in like coinbase has a vault for instance uh that you can you know it takes like i think 48 hours and like two different email addresses confirm a lot of different stuff so just make sure you guys are being careful so a lot of people think that had something to do with the price drop yesterday i'm not a hundred percent sure it really has anything to do with it but you know the fact is the timing was a little strange on market cyber we did get a yellow x yesterday meaning manipulation on the way down there was a blood diamond i had jumped into a long right before that and guys i just haven't been paying as much attention to trading as i probably should have been lately so i got in the blood diamond popped up i didn't see it i was doing family stuff at an easter egg hunt and you know didn't see it and then the price started dropping and i almost got really wrecked i almost got liquidated yesterday our challenge almost came to a screeching halt because i wasn't paying attention um and then lo and behold the prices are coming back up well we talk every week about the cme gap now the thing is is that cme gap is seen as a negative thing when you know basically the opening price of the cme futures opens uh above the weekend close that creates like a magnet effect on the downside and we almost always see those getting filled last sunday cme gap did not get filled then the numbers like 98 percent of gaps get filled but in the history of bitcoin 100 of the gaps on the upside eventually get filled because the price is always going up well what what what did we close out on friday about 59 000 i don't have the exact number in front of me i don't have the chart pulled up as i'm driving here a guy flexing this camaro that's my hellcat i always think it's funny when people flex on me do you know what this is uh but anyways guys uh the fact is we could have a cme gap to the upside forming depending upon how high bitcoin is able to go today we get back up to 59 000 it won't be there but if we say in the 57 and 58 000 range we're gonna have a cme gap that next week will surely pull us up uh back above 59 000 and we'll once again try to challenge 60 000 for i think the fourth or fifth or sixth time it's a lot of times so we do have that going on um we'll tell you guys a funny story about yesterday so i'm in the hellcat i'm with the family we're going to an easter egg hunt and uh this tacoma toyota tacoma i think it was is behind me and i'm going pretty fast like i ain't gonna lie i was going about a you know about an 80 90 on a highway and then you know the comb is trying to keep up with me and i'm like what in the world like once again why are you flexing your tacoma on my hellcat so i you know i hit it i hit it real quick like i get up to about a hundred and i'm like yeah he'll get the message well he just keeps blind up behind me and i'm like what is going on so we go to turn and he pulls up beside me at a red light and i i assume it's his wife probably your girlfriend fiance whatever she leans up over him rolls the window down and says i need to know if i have enough etherium i almost died i was like you my wife was like it was a funny story and to those people i'm sure you're watching this video i thought that was awesome if you guys ever see me you can always talk to me uh we were running late to an egg hunt so we didn't have time to stop but um you know she had mentioned our meetup this week that she wasn't going to be able to come and here's what i would tell everybody if you can come to our meetup in the atlanta area in marietta on wednesday and i think it's 6 30 to nine andretti's which is going to be a madhouse there what i would say is that's okay we're going to have plenty more meetups we're going to have a lot of meetups when we get our new building uh when we get that fully moved in we will probably do meetups and workshops there and you guys will have you know pretty pretty fairly open access to me at that point so if you're in this area don't stress about missing the meet up this week there will be plenty of more opportunities but i don't want to share that story with you guys because i thought i got a got a big kick out of that one so uh i thought it was cool uh definitely so all right so here's the thing let's talk about ethereum let's talk about the potential of ethereum i've been talking to a lot of people lately and you know they're just such an advantage to being in this market for a long time uh being in this market for so many cycles because if you were not here in 2017 then it's really hard for you to grasp the numbers that we're talking about when we give price predictions now whether ethereum will hit 27k or 20k i don't know i'm i'm very confident we'll hit at least 15k people are saying that maybe we're talked out at 2100 dollars i'm just like guys you have no idea what this looks like we see the same cycle every every four years and so the thing about ethereum is even once we hit 2500 the the real incredible movements in this bull run are at the end of the ball game if you think about the crypto markets right now as a baseball game nine innings now we're in about the fourth almost the fifth inning of this thing and you may be saying well durian was at 300 and now it's at you know 2100 that's a 7x it can't go much higher or if we're only halfway that means maybe it'll go up another 7x or something like that this is what you have to realize about the the markets in the cryptocycles the eighth and ninth inning is where the parabolic action is that is when we go whoop so we could be sitting at ethereum around you know five thousand dollars in the summer and then in september and october we could see the price of ethereum go upwards of 20 000 it could it could basically 4x in a couple months even at those crazy high numbers and here's another thing people don't understand we're talking about the potential of ethereum you start figuring out like okay well if bitcoin is going to go uh you know let's just say to 300 000 that means the market cap's gonna have to be like six or seven trillion and then you start doing the math on what it's going to take to get ethereum all the way to twenty thousand or twenty seven thousand dollars and i don't have that that math in front of me right now but the thing is here's what you have to understand it's not a cumulative amount of market cap um right now i think ethereum is around 200 billion dollars it's probably closer to three at this exact moment i'm not a hundred percent sure but i'm just going to give you guys some some relative numbers here if the price is at 200 billion dollars and we were to say it was going to 10x from here that means that the price of the the market cap of ethereum would have to be two trillion dollars which would be more than bitcoin is right now okay so when you start to do that math you say okay if we're gonna need bitcoin to get to let's just say you know six or seven trillion dollars and then you need aetherium to go to two trillion dollars and you say wow what carton and polka dot uh you know what are they gonna have to go to you start doing that math and like doesn't really add up it doesn't really start making a lot of sense but this is what you have to understand it's not a cumulative market cap because these things are going to peak at different times so while bitcoin might hit 600 trillion or i'm sorry not 600 trillion that would be pretty freaking right while bitcoin may hit let's just say 6 trillion dollars and ethereum hits 2 trillion well the fact is ethereum is not going to hit 2 trillion at the same time the bitcoin hit six trillion dollars okay let's just say bitcoin goes to six trillion well one trillion of that could come out and move over to ethereum because that's the way that the markets work okay you're not adding up all these market caps at their peak and that's how we get the overall market cap uh of cryptocurrency in general that's not the way that it works the bitcoin goes up people pull profits they put it in ethereum then they take profits and ethereum and they put it in other things and the market kind of moves like a fountain in that way so the point here is is it if you sit there and try to figure out the potential of ethereum and the math is not really making sense you just got to keep in mind that it's going to get displaced you're not adding all the market caps together i still believe that ethereum is the best and safest opportunity for you to become a millionaire in this bull run i think right now if we were to do some math i mean if you were able to have 50 ethereum that could easily make you a millionaire in this bull run i really believe that and i know the cost of ethereum is getting pretty high so if you're late to this market it might be hot you know hard for you to to collect 50 but even if you have 10 if you have 10 and you sell the top in october or september or maybe november at the latest moving over to stable coins or move it over to dollars let the price fall back and then you can very easily become a millionaire with even 10 ethereum i do believe that for the next run you just got to remember how quickly this entire market is developing um and you know people are getting excited we got paris hilton following me on twitter these days she's in bitcoin that's something i never thought i would say in my life um but uh you know i definitely think if you knew who i was talking to tomorrow you'll see this thing is just getting absolutely huge also a reminder to you guys taylor rapp nfl safety for the los angeles rams he is uh having his the final day of his auction for his nfts today and i would tell you guys this uh that i know he's had some problems on openc what we encountered the other day uh where you have to change the e to wheath uh w eth that means wrapped aetherium that's been keeping a lot of people from putting bids on those so i'm not sure if they're all gonna sell out or not um but what i would say is you guys go support the man he's trying to help you know cryptocurrency uh bring attention to it i'm not sure if they'll go on a different platform after that but i learned a lot i've never used open c specifically i've used wearable and some other platforms uh but that extra step to wrap over to eth is a little complicated but anyways guys that's all i got today i hope you guys enjoy uh this easter weekend i hope you guys are with your family you guys are a hundred eggs and then of course remembering what today is actually all about and even if you can't get down with that message i'm sure love and forgiveness is definitely something that you could understand all right guys thank you for watching that's all i got be blessed good boy out

You May Also Like