During the bull market, some people did become rich by investing in altcoins, earning millions or even tens of thousands with an initial investment of 100,000 to 500,000 yuan.

However, this kind of wealth is conditional. In the bull market, although the average increase of altcoins between 10 and 30 times is quite outstanding, the extremely rare case of a 100-fold increase is almost negligible. Even if the highest increase is 30 times, if you want to get rich, you need at least 100,000 to 500,000 yuan of principal to get a profit of 3 million to 15 million yuan.

People who usually want to get rich through altcoins need at least 100,000 yuan of initial capital and about 30 times of income. However, people who like to invest in altcoins are often full of adventurous spirit. Huge profits will inspire them to continue taking risks. Few people choose to deposit their money in banks to buy financial products after making 5 million or 10 million yuan. Human nature is consistent. People who make a lot of money in a bull market usually do not become conservative because of the increase in wealth. If risk taking is your nature, you will choose to follow up at least half of the various risk opportunities in the market. If you continue to follow up, the consequences can be imagined.