I saw a post talking about that you should not expect to be a millionaire one day and you likely wont be. This is wrong, you can be a millionaire, of course theres some needs and steps for it but it is more than possible.
Most of people think million is a lot and an unachievable amount of money when its really not(of course there are some countries where even a 100 is a life changing amount of money but we are talking in general) There are more than 50 million millionaires in the entire world, 20 million in the United States alone, so why wouldnt u be one oneday.
Lets talk about some interest rates and monthly DCA:ing. If you were to put a $1000 monthly to a stakeable crypto with an 10% interest rate, it would take 23 years to achieve a million dollars.
$2000 monthly for 17 years: a million.
$500 monthly for 29 years: a million.
$200 monthly for 38 years: a million.
$100 monthly for 45 years: a million.
(this is the total value of your investment in the timeline with total contributions added, of course there are price swings etc. which affect the total amount but these are not added to these numbers.)
Sounds like a long time but it really is not when the average retirement age in the world is 67 years. Achieving your first million is not hard it just takes time, patience and some contribution to it.
Be happy with your investment and dont let others bring you down or shoot down your dreams, your position is perfect and you are doing a great job DCA:ing
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