Topic: Is a million dollars possible? - page 21. (Read 5538 times)
I think so if you invest as early as posible. If you invest 3 or 4 years ago in one of the major coin like bitcoin and ethereum I think you'll have a million dollar by now. But you can still attain that if you invest now in bitcoin, ethereum, and 2 or 3 more coins. But it will take some time before you reach that amount.
I think its not possible if you don't trade them, holding with that such amount will depend on when you enter. If the coins could rise up more than 100x then it will possible, but the question is which coins that could give you a 100x.
yes i think it is absolutely possible happned next 5 years. 500B. usd market cap for all cryptocurrencies. People wants to be rich, they are goint to continue to invest cryptocurrencies.
There are many coins which can give us a huge profit in future but we need to learn about those coins first do proper research about that coin before buying it. If you would have bought Ethereum or Litecoin you would have earned million dollars but they are already increased in price. So it's better to find some other coin with low price and hold them and I am sure you will earn good profit from them in future but you need to hold them for a long term.
Possible, if you bought ethereum 1 year ago with your 10k usd. Now you would have 600k USD. Very close to become a millioneire 
If you bought litecoin 1 year ago with 10k usd, you would already have 1 millione usd in your pocket
If you bought litecoin 1 year ago with 10k usd, you would already have 1 millione usd in your pocket
Interesting stats! I think the next coin to follow ethereum and litecoin is NEO. Lots of people are predicting an ETH like spike in prices this year so 10K USD in NEO could well be worth 1m USD next year! It depends on how patient you are, and if you can just buy and forget about it.
It is possible when you stick to crypto, and by making such prediction that your holding token would have the potential, although predicting is a little difficult.
It is very much possible. The crypto currency boom can be compared to early days of internet and dot com boom so the public participation and mass mania is still years away. Still very good market with hundreds of percent gains yearly by just holding any top coins.
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 it is quite possible if you have enough knowledge and resources and of course enough luckA little bit of luck is always needed
If you hold coins within the top 10 in coinmarkecap.com. And you have a lot of amount of tokens, lets say 1000 usd worth of that tokens, give or take you hold it for almost 5 years. Im pretty sure, you can gain millions in return. But it is still depends on the supply and demands for that coin you choose to.
It was possible to get a million dollars if you bought 4yrs ago and now the value of bitcoin was so high and could make you a millioner now, and make some big investment in big ICOs to get big return and possible to make millioner.
If it does, you have to wait a long time. And the not fact . I believe that this option is not for me can't wait that long
To earn 1 million in cryptocurrency, you have to start with much more than 10k.
Although there are many opportunities, they are not for everyone.
Although there are many opportunities, they are not for everyone.
Only on the growth rate of individual coins, in principle, you can earn a million dollars. However, for this you need to know which coins and when to invest. Then the desired result will be unambiguous
Hopefully one day all of us HODLERs from pre-2018 will be millionaires! But it is really tough to say.
I think it would be very difficult for global coins to rise 100-fold because maybe now their prices are already said to be stable.
Perhaps the greatest opportunity is on the newly released token but with a balanced risk as well.
Generally to make a million is not difficult, you about 10-20k$. and just double every month. I've been counting for about half a year now. but where to take such money, it is another question. Perhaps the greatest opportunity is on the newly released token but with a balanced risk as well.
I think it would be very difficult for global coins to rise 100-fold because maybe now their prices are already said to be stable.
Perhaps the greatest opportunity is on the newly released token but with a balanced risk as well.
Perhaps the greatest opportunity is on the newly released token but with a balanced risk as well.
If the price of the coin goes up, I think it is possible. But you have to spend a lot of money to invest too.
I think that you can make even much more than 1 million,some investors like Winklevoss twins who really believed in bitcoin,they are multi-billionares now.So you never know,may be one day you'll be lucky too.
In my opinion, it may be done, but maybe the opportunity is on ico. Because a crypto price increase will affect the size of the market capitalization of the coin itself. So maybe you should also consider the amount of supply of coins you want to buy.
You must also know that some coins have done it and that means possible. But you also have to take into account the probability in terms of price. If you look at the current altcoin prices, maybe it can be done with a coin with a price range below $ 5.
You don't correctly reason. No matter how much the coin is worth, it is important to understand where the limit of its capitalization. And how great is the chance for the project to increase it at times.
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