Topic: Is a million dollars possible? - page 22. (Read 5538 times)
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.
The thing that attracts people to cryptocurrencies is that anything is possible in this world. People have become millionaires overnight. Hodling has created fortunes for many on a regular basis. Keep believing and it could happen.
If you buy crypto money with a million dollars, you might be able to earn a million dollars. Of course, if you do not buy the right crypt money, you can lose a million dollars.
I think yes, because if you hold your coin and wait until the price get a higher value it is posible and I think will take a year or to get a million dollars 
The more you invest the more you get. But you have to choose good coins with a very good potential.
Yes it is possible. You can invest in those coins that are in the initial stage. And you can in proven crypto giants ... It is worth remembering how bitcoin and ether have grown, and at what price peak they were, and you can still imagine what price peak they will still be ...
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?
If you invest in coins from the top 10, then you will not need to change coins every six months. You can just keep them for a few years and earn a lot.
Yes a million dollar is possible with the right coins like bitcoins or ether with 10k. But you need about 4 to 6 years to hold without withdrawing any.
A coin that is used for an investment can pump at anytime. The investor shouldn't have to wait 4 or 6 years just so they can ,make a few bucks. Bitcoin and Altcoins can make someone a lot of money or leave them with no money at all.
That was possible if you hit the jackpot. Like win a lottery draw with a prize of Million dollars. In the world of crypto, you can possible attain it too. Example, if you have been invested to a specific coin that was only 1$ and it jump to 1,000,000$, means that your capital too got million times too. So that will be possible.
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?
With that amount i think if would be very hard to reach a million because most of the coins right now are already high in value. A hundred fold on the coin's value may happen only on low value coins but it would be hard to pick from them.
Yes a million dollar is possible with the right coins like bitcoins or ether with 10k. But you need about 4 to 6 years to hold without withdrawing any.
Yes making a million dollars is possible but just make sure you are not stingy when it comes to investing your money into the market like the saying goes it is with money that you make . There are people who have made a million dollars or even more by investing in cryptos
It's possible, but it'll test your patience since it might take a long time to get there, and it'll also depend on what coins out of the top 20 will you be distributing your 10k. Trading indeed can make it quicker, but if you're not that good in it, you'll get to a million just by holding it, and taking your time on it.
it could happen because the movement of the crypto currency is very fluctuating and significant, so all things could happen could be more to 1 $ and the thing that often happens is close to zero. to anticipate bad things will happen I think I have to be good at analyzing altcoin if you intend to invest on altcoin.
as far as I know, If you have big capital and hold one year then you can earn big income. for example, you can start investing in all the low-value cryptocurrency out there in the Market that has a greater chance of surviving in the world of crypto and increasing its market value in a short span of time. I hope that one day I will be among them.
If you invested 120 dollars on verge when last year you already made a million right now. most of the time is about luck and diversification.
For me yes. Everything can be possible and if you really well deserved to have that kind amount of money and if it is really for you. It will going to happen no matter what.
I think if you are striving hard to achieve the thing that you want to have I think it is not impossible for you to have it as long as you work hard for it you can have it.
Well yes, everything is possible but nothing comes easy. Thus, million dollars is possible but it will take a long run to be achieved. Maybe 5-10 years from now or more. who knows? this activity alos based on market. let the market speaks.
It's possible but it wasn't easy to have that kind of amount of money. You will pass first in very hard experience before you have it.
Jump to: