Being involved in crypto for the time most of us have been which is many years we know the power of the crypto cycle. The cycle is so volatile that whatever you may lose in the Bear you can make back and more when the Bull is in full flow.
When I was at the Binance conference earlier this month one of the guys I was chatting too has only been in crypto since 2022 so he has not experienced a full cycle and more importantly the final climax of the Bear peak. He was thinking of doing a 3 x on his investment and I told him he is underestimating what is possible.
I can recall reading tweets and articles in social media that back in the 2017/18 Bull cycle investors were targeting a 10 x return. This was a given kind of benchmark that one could turn a $10K into a $100K and is kind of where my head is of what is achievable.
Take HIVE as an example as we all understand and know HIVE very well so if one invested $10k when HIVE was at $0.20c (50KHP) and grew their stake by staking as HIVE Power over the 4 year cycle and possibly doubled their stake through the rewards earned and now had 100K HP. HIVE would not have to achieve the ATH of $3.41 in order to achieve a 10 x return because you have grown your stake over that period. A $1 HIVE would achieve the 10 x and a $5 HIVE if that happens would equate to a 50X.
Back at the end of 2021 which was the peak of the last cycle I had roughly 60K HP which was worth slightly more than $200K and this cycle peak if it happens as planned at the end of this year I should be close to 180K HP which is already a 3 x in stake growth and not necessarily dollar value as that is the unknown. If we saw a $5 HIVE this would equate to around a 4.5 x growth mainly because I never sold and bought back in the Bear. The sell high and buy low is such a powerful growth tool and where the 10 x or more is easily generated.
If we see a $5 HIVE this year with selling involved this time then the next cycle should see a bumper return in 2029 upwards of 30x or more. When I look at my COTI investment which is staked and does not have the rewards that HIVE offers the returns from this 4 year cycle once the peak hits should see a 15-20 X growth in value and that would be low balling the dollar price. The returns could be much much higher depending on how strong this Bull cycle is so a 10 X is more of a given and definitely a benchmark that is achievable.