Topic: Is a million dollars possible? - page 27. (Read 5538 times)
Yes it is possible for any altcoins and also to bitcoin too. I think 2-3 more years past it will hit that price. In that price it will take too long if many people support bitcoin but i think bitcoin has limit of coins and i think its only about 21M coins are in the world. Soon i'll make a research where those bitcoin come from and why bitcoin has limit. Try to introduce this crypto world to your friends and relatives, you will help Bitcoin to become mainstream.
Becoming a millionaire in 1 day or 1 month is difficult, but watching the behavior of the market and being constantly updated by news of the cryptoworld will help you to discern if Bitcoin for example can reach greater all time highs. like 30k or 50k.
With cryptocurrencies anything is possible, as we all know there are bitcoin billionaires anyway. But you have to realize that becoming a millionaire is not something that just happens overnight and you have to be willing to sacrifice your time and also your money when you invest into the market but it is not a long shot, you can make a million from smart investments
Yes, it is likely to make millions of dollars in profits, and to buy bitcoins or etherium for a million dollars a year. With their long-term profits likely to reach $1 million, altcoin was in decline earlier this year due to the devaluation of the bitcoin currency. But when the dumping finally ends, the encrypted money will return to normal and all profits will increase.
Of course! Nothing is impossible. Only hard work can achieves the results. So work hard. The main thing is to make the right investments and follows the course.Good luck!
I am very sure it is possible, there are alot of people in the space that have made this huge amount of profit in the space and this will continue as more money flows into the space, I love people that aim high and this is a challenge to all, because I feel Crypto space is making more millionaires in the world than any other space
It is possible but to earn this much you have to be willing to put in a lot of time, effort and money. Nothing goes for nothing so the higher you want to earn then the higher you should invest. your best bet to get a million dollars would be to invest in ICOs but you will have to spend time doing a lot of research for these ICOs to know which are good before investing then you have to be patient for prices to go up
To earn a lot you need to participate in the new ICO, then it is possible that the new coin will grow several times.
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 we are talking about Bitcoin, I strongly believe that it would go high to as much as it gets. Analysts predict that BTC might go up to more than $20k to $25k this year. Some of them say that it would go as much as $35k, $50k, $60k and so on per BTC. If you can believe that you can make millions here in the crypto world, all you have to do is to attract and take action, plus increasing your belief. Anything is possible.
Sure it is possible if you:
- Choose the right coin.
- Buy and sell at the right time
- Choose the right coin.
- Buy and sell at the right time
I do not think that the guys that earn millions (or have an intention to do it) will sit here and ask for an advice. Yes, it is possible, but the investments, the initial sum of money you will spend to buy BTC must be GREAT.
If you believe then you'll claim it! better you have alot of options and if you have bunch of money that you need to invest then search for a good project/ Real use cases. Yes a million dollar is very possible if you attract. believe on it!
Just a graphs in my mind, I think ethereum could make it because this coin now is really in the good side of increasing the price. Maybe 2-5 years from now you will be rich if you have ethereum. Million of dollars is possible as long as you hold your eth if you see that this coin will be on top in the long run.
according to the value of the coins is a lot that lasted only 6 months, after which the value fell and there is no value at all. Choose long-term coins such as btc, eth, doge, bch
You must be very a lucky man to take such a profit. I think that it is nearly impossible. The real expectation is much lower, let's say 3-5-10-15% (or more) without a credit leverage, of course. And I think even such a percent ratio is a good enough.
Chasing incredible profits is easy way to lose your investment.
Chasing incredible profits is easy way to lose your investment.
Anything is possible in crypto,people can get rich very quick and easy,the only thing here to remember-there's no any guaranties here,everything you do is on your own risk.
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?
Absolutely !!! in the future
The cryptographic currencies of the stock exchange are not like other normal stock exchanges because the potential is very high. The crypto can move like a living. depending on the amount of investment you make you can make you rich. Less than $ 1 million
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?
It's unlikely that you'll earn a million with 10k investing in expensive coins already. For this profit, you need to look for new coins that are not yet a pump. New projects with good prospects, an excellent team, interested investors and on the wave of the hyip. Finding this "needle in the hay" is quite difficult, but if you find it, you will become a millionaire.
Theoretically, it is possible, but the risk is the same as in any other cryptocurrency 50/50. Actually you can try if the course is purely on the time trend.
I think it is possible. U will need at least 20k to make it though. That's what I'm doing.
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