Topic: Is a million dollars possible? - page 20. (Read 5510 times)
of course possible for example if you invested 10 k usd around 1 year ago, you would be already a millioneire. And it is for sure that ethereum was not the last opportunity to multiply your investments. try to collect asd much as you can at the bearish market, whenever trend changes you will make a lot of profit.
If one were to buy and hold solid avaerge coins (not a coin that kicks out and gets 10000% gain), but rather a nice steady gain like eth, Ltc etc (top 20) and starts with 10k, is it possible to reach a million without trading and buying/selling at highs and lows? If so, how long would you predict it would take? Or are most coins not going to last long term, so every 6 months would I have to rebalance with newer coins?
Yes its very possible to have million dollars but it depends on the coin or token you are hodling. I suggest try to buy ICO also wuth high potential in the future. Just make some study and review before you enter some investment.
#Support Vanig
With a large upfront investment on a solid ico, yes, even without trading
If you have a tone of really good coin that you bought for cents and now are worth double and triple digit dollars, then yes it is very possible and many have already achieved this in Crypto. I am trying also to grow a portfolio slowly and steadily and praying that one day they will appreciate enough to the point where we can comfortable retire and and not have to worry about paying the bills and commitments every month.
In order to earn a lot of money you have to choose a very promising project and invest in it at the beginning. For example - to invest in Apple when they made their computers in the garage. Then you will have a chance to make a big profit.
Of course it is possible ... in case if you take the 2014-15 year price for bitcoin and the peak moment in 2017 ...
If one were to buy and hold solid avaerge coins (not a coin that kicks out and gets 10000% gain), but rather a nice steady gain like eth, Ltc etc (top 20) and starts with 10k, is it possible to reach a million without trading and buying/selling at highs and lows? If so, how long would you predict it would take? Or are most coins not going to last long term, so every 6 months would I have to rebalance with newer coins?
I think its possible happen with our investment. In cryptomarket, price movement sometimes reach 100% per day and if price rally, sometimes wont stop. Ethereum start at $0.3 at ICO price and now ethereum price at $700, so i think its possible from $10k to $1million
Imho is not possible with coins you quote. To become millionaire you need to invest in coins early released but with solid project behind. Eth or ltc? I don’t think so right now, maybe 1year ago or more.
It is very easy for people to make money on trades. If they don't make any money then the coins will just fall out and not be worth the investment. A million dollars is possible.
I say classically. Crypto is always in the money world, everything is possible. So it is necessary to see the point reached 2 years ago. Bitcoin is $ 10 while the summit says it will be $ 1 Million now. So what can not be predicted too much. For example, if you bought an XRP for 1 BTC this past year and you sold it close to the top, we had 15 BTC now. 15BTC is currently making about $ 135,000. If you think Bitcoin is only 2K at that time, your money is worth 60 pounds more. Of course this is an example. But we saw so many examples like this one last year. You can have $ 1K in the future with about 1 BTC today for $ 10K. A little luck and the right decisions can make it easier
Of course you can only guess what to buy. It was necessary to buy Bitcoin or Etherium several years ago would already be a millionaire. The most difficult thing is to choose a successful project.
It is possible but the exact time is what I may not be able to say now. But based on speculation by McAfee around 2025 Bitcoin will hit $25000 and I am hoping that around that time you will have up to that amount.
Getting more than a million dollar in investment in holding crypto currencies and very easy if you have the capital to invest. HODL for just a year and you join the millionaires club 
If one were to buy and hold solid avaerge coins (not a coin that kicks out and gets 10000% gain), but rather a nice steady gain like eth, Ltc etc (top 20) and starts with 10k, is it possible to reach a million without trading and buying/selling at highs and lows? If so, how long would you predict it would take? Or are most coins not going to last long term, so every 6 months would I have to rebalance with newer coins?
I always thought why not? Because everything can happen anytime and do not close the possibility of newly emerging coins can reach a very high value. I believe technology will bring us that is impossible but will happen. And I'm sure the world of cryptocurrency will always provide the best for its users.
Imho is not possible with coins you quote. To become millionaire you need to invest in coins early released but with solid project behind. Eth or ltc? I don’t think so right now, maybe 1year ago or more.
I think that price would be low in the end, bitcoin should be used by everyone but nowadays only rich guys can use it unfortunatly. Million dollar is too much honestly.
I think this is vozozhno, as this sphere is now relevant and in the crypto currency are invested a lot of money every day. I hope this will help in the future to promote new projects!
The most part of altcoins from top-20 bring a profit till x100 last year. Most likely, growth temp of these giants will reduce, but if you will make detailed analyse of the market and choose the most powerful projects and will make investment for 2 - 3 years, than you will achieve your goal.
perhaps for the long term it could happen because of the increasing number of people who know the existence of Altcoin and Bitcoin then more and more enthusiasts Altcoin by collecting and holding indirectly it can raise the price soared from the current price. that's my opinion.
Probably the time will come to have a million dollars if you buy now bitcoin in dip price and hold it in the future, you will notice your investment was a million dollars and enjoying your life with your family.
I guess that is the dream really, turn a few hundred dollars into a million. I would suggest it is still possible with 10 K to go 100 x but not with the already established coins from Buy and Hold. You would need to discover the next big project whilst it is in its infancy. Other thing to note $1 million really doesn't go that far these days 
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