Blockchain Paris How to Become a Crypto Millionaire

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Boulder, CO, April 07, 2023 (GLOBE NEWSWIRE) — As I write this article, Blockchain Bets is about to join a T1 exchange, MEXC, where the price could move very quickly after launch.

It currently sits at $0.013 per $BCB, and if people have read my previous articles, they will know that this project covers all angles in abundance. If you want to learn more about $BCBs Tokenomics, click on the link. Please note that all calculations below are based on a BCB of $878 million, as $122 million was burned.

Current $BCB price

Blockchain bet millionaire

So this article isn’t just a case of buying the token, holding it, and selling it (although in this case it will most likely work), it’s about maximizing the earning potential of $BCB and understand what would be the thresholds to have your skin in the game, and for how long.

The Basic Buy/Sell Approach

A $1,000 investment in $BCB will net you approximately $77,000 BCB at current market value ($0.013). For you to become a millionaire from a simple buy and sell pattern, it would require $BCB to be worth $12.99, 1000x its current price, or $BCB to have a total market cap of 11, $4 billion. Not impossible by any means, but something likely to be achieved in 2026/2027 if I were to make a prediction.

At $5,000 invested, $BCB should only be valued at $2.60 per token, or a total market cap of $2.28 billion. This could actually be achieved in the next bull run, given the pace of platform development, community, marketing, and cross-chain wallet compatibility being built.

At $10,000 invested, $1.30 per token was being considered, giving a total market cap of just $1.14 billion. Personally, I would be shocked if we don’t see this before 2025.

The Staking Rewards Model

The above is only based on a buying and selling model, it does not take into account the platform staking rewards and how it could significantly worsen or increase your investment. For the purposes of this article, I will focus on the annual percentage rate (APR) of 27.37%.

Estimated APR

Although it fluctuates, the more engagement and users there are on the platform, the more likely it will return a significantly higher APR to stakers, but then I would expect an increase in staked tokens , so it is difficult to say whether it will decrease, increase or remain between an upper threshold and a lower threshold over the next two years.

Current Circulating Supply Staked

To help map the earning potential, I’ve created the chart below:

APR staking over 1 and 2 years

Now, before I break this down, I want to clarify that the representation above recognizes that compounding happens once a year, when in reality (based on gas costs) people are likely to do it more regularly (monthly or quarterly). In addition, figures have been rounded up or down accordingly.

If you’re curious about how to bet, I’ve also created a guide for that, click here.

Investment of $1,000

With an investment of $1,000, in one year we will have $98,075 BCB. For you to become a millionaire by staking for 1 year, it would require $BCB to be worth $10.20, 785x its current price, or $BCB to have a total market cap of $8.96 billion.

Fast forward to March 2025 (2 years today), $124,918 would require $BCB to be worth $8.01, 615x its current price or $BCB to have a total market capitalization of $7.03 billion.

Investment of $5,000

With an investment of $5,000, in one year we will have $490,375 BCB. For you to become a millionaire by staking for 1 year, it would require $BCB to be worth $2.04, 157x its current price, or $BCB to have a total market capitalization of $1.79 billion.

Fast forward to March 2025 (2 years today), 624,590 $BCB would require $BCB to be worth $1.60, 123x its current price or $BCB to have a total market capitalization of $1.40 billion.

Investment of $10,000

With an investment of $10,000, in one year we will have $980,749 BCB. For you to become a millionaire by staking for 1 year, it would require $BCB to be worth $1.02, 78 times its current price, or $BCB to have a total market cap of $895 million.

Fast forward to March 2025 (2 years today), 1,249,180 $BCB would require $BCB to be worth $0.80, 62x its current price or $BCB to have a total market capitalization of $702 million.

Conclusion

Personally, I believe that a $10,000 investment in this project at its current price will make you a millionaire by March 2025. While noting the financial advice, I strongly believe that Blockchain Bets will be a multi-billion dollar token. dollars over the next 2 years. This would also lead me to state that investing $5,000 will also see you breaking the millionaire zone, based on you staking the tokens on the platform.

Crypto Millionaire

Anything less than that, you might have to wait a little longer, hope for the biggest bull run yet, or aim for a profit of $500,750,000 instead (it’s a tough life, I know). In reality, however, few projects will offer the risk/reward opportunity that Blockchain Bets offers for these types of winnings.

One thing that is not taken into account here is that Blockchain Bets may also decide to burn other tokens depending on the performance of the platform. If this happens, the price per token will eventually increase faster than expected and the total market cap target will be lower to reach your goal.

Personal assets

For anyone curious, I currently hold around $525,000 BCB, which puts me at $851,714 BCB over the next 2 years subject to % APR as shown above. Therefore, it would require $BCB to be worth $1.17, 90 times its current price or $BCB to have a total market capitalization of $1.03 billion. I will of course be looking to add to my bags over the next few months.

Where to Buy Blockchain Bets

Uniswap: https://uniswap.org/BKEX: https://www.bkex.com/trade/BCB_USDTBitMart: https://www.bitmart.com/trade/en-US?symbol=BCB_USDT&layout=basic

Key contact details

How to get involved with Blockchain Bets:

BCB Twitter: @BCBerc20BCB Telegram: t.me/BCBerc20BCB Main website: blockchainbets.appBCB Betting website: blockchainbets.clubBCB Staking website: staking.blockchainbets.app

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