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With the cryptocurrency sector’s growing presence in the mainstream, many crypto traders and investors are looking for a chance to earn some profit from its assets, including those that could provide them with a vast income, say $1 million, from investing a relatively low amount like $5,000.
Indeed, while investing $5,000 in crypto with the goal of becoming a millionaire in 2025 is massively speculative and involves substantial risk, Finbold has scoured the crypto market to discover assets to consider as a conduit to achieve this highly optimistic objective.
#1 Bitcoin (BTC)
Specifically, among the most obvious investment choices in the crypto sector is Bitcoin (BTC), the flagship decentralized finance (DeFi) asset that has already made many people millionaires in the past, largely thanks to their ‘HODLing’ behavior and Bitcoin’s steady exponential growth from under $1 in 2010.
It is important to note that Bitcoin has hit its new price record this year and has already started to recover from its recent losses, surpassing $60,000 and moving further above $63,000, and some experts believe it might hit $100,000 or $200,000 in 2025 or even $1 million by 2033 with a strong enough trigger.
For the time being, BTC is changing hands at the price of $63,490, reflecting a 2.05% growth in the last 24 hours, adding up to the gain of 9.30% across the previous seven days and the slightly more modest increase of 6.84% over the past month, as per the latest data.
#2 Render (RENDER)
In terms of altcoins, the recent artificial intelligence (AI) hype has given rise to several prominent AI tokens, including the so-called ‘Nvidia of crypto’ Render (RENDER), a decentralized platform providing nearly unlimited GPU processing and computing power for next-generation 3D content creators.
As it happens, Render has recently demonstrated a “fantastic” signal and price anomalies after particular crypto whales moved it to cold storage, suggesting strong confidence from the market’s largest participants in the token’s future as gamers and content creators harness its unique platform.
Meanwhile, the price of Render at press time amounted to $5.41, which indicates a 5.79% gain on the day, an advance of 6.11% over the week, and an accumulated increase of 20.10% in the last month, according to the most recent chart information retrieved by Finbold on September 20.
Conclusion
All things considered, the above crypto assets might, indeed, represent a lucrative opportunity to turn a well-timed, well-placed $5,000 investment into a massive return of at least $1 million, although it is impossible to guarantee profits in such an unpredictable environment.
With this in mind, one’s own due diligence, including carrying out careful and detailed research, keeping up with any news relevant to either these assets or the crypto market in general, as well as familiarizing oneself with all the potential risks, is necessary when investing significant amounts of money.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.