Topic: Is a million dollars possible? - page 33. (Read 5518 times)
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.
Everything is possible for them that believe. if you believe you can you will? but you need a great strategy to be able to achieve this.
It is definitely possible in cryptocurrency and has already happened for more than just a few people I believe. If you have enough to invest at first it can go pretty fast.
It seems like have changed - market is filled with simple money, and there are no reason for explosive growth. But I think its much harder now, but still possible.
Perhaps this no longer surprises anyone to gain more value.
a million USD but can be far taken that will take a lot of time, because time will answer it all
a million USD but can be far taken that will take a lot of time, because time will answer it all
Right now it's almost impossible with classic coins. Even if you invest 10k and bitcoin raises x20, you still will not get even a million
Their always a possibility. Like the crypto millionaire of now, they really believe in the power of cryptocurrency, they start buying and investing in coins, 5 years ago. and now they are millionaire.
Yes ofcourse anything are possible if you really believe but always remember that there are always consequence and once you've passed all that We know that you are deserving and be able to receive that reward.
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 can patiently wait for a very long years then you will absolutely become a millionaire like what others did back when bitcoin has been created 
With holding, anything is possible, a Million USD however can be far fetched that will take a considerable time. years to be precise, besides some will feel that they have gained enough and will want to cash in at some point.
Their always a possibility. Like the crypto millionaire of now, they really believe in the power of cryptocurrency, they start buying and investing in coins, 5 years ago. and now they are millionaire.
Yes, it is possible, could remember when the price of Ethereum was $5 and when NEO was under $0.50 the rest is history now, though one need a bit of luck in picking the right project that can do this kind of bull run, there are coins like Mastercoin, Namecoin and feathercoin that have lost their relevance in the space
Well it's possible, because we can't really know or predict what gonna happy in this crypto world.
Like, who think that bitcoin will reach $1000+ now? Take a note that before bitcoin is so worthless and no one want it.
Buying is great, you can expect the price to increase and gain you profit, although from 10k to 1M will take quite long time, but if the market is great and crypto became more valuable, it won't take a really long time. Buy in lower price will let you gain more profits as well.
Like, who think that bitcoin will reach $1000+ now? Take a note that before bitcoin is so worthless and no one want it.
Buying is great, you can expect the price to increase and gain you profit, although from 10k to 1M will take quite long time, but if the market is great and crypto became more valuable, it won't take a really long time. Buy in lower price will let you gain more profits as well.
ofcourse 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.
Buying coins at current prices is really a very good idea. I think that if you buy several different coins that have great prospects, then maybe in the future you can really become a millionaire. 
Buying coins is the best way to become a very rich person. However you should have to invest first, that is why it will be a problem to start from zero and get a million soon. The right choice of the coins and luck are also important.
It is very possible in the crypto world. it just depends on the amount you invest in a project.
Imagine if you bought neo a year ago with $10k, you would have $5million now.
Imagine if you bought neo a year ago with $10k, you would have $5million now.
I think it's really hard, but nothing is impossible
I think 1 million is possible in ~ 5 years because with every day mining is harder and you need to use more electricity and better equipment to mine same amount, in future many miners will mine 1 bitcoin for 1 year so its very possible what this bitcoin will cost a lot.
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 that if you keep the main coins, you definitely get a good profit! This may not be 100000%, but you can do X10 for example during the year. I think that the market is still very small and we will have a big jump up in the near future.Yeah, I agree with you, and it is really good advice for those who want to make a million BUT only if they already have 500k
But if you have for example from 5k to 20k, it will be hard to make millions on top. All depends on every's goals.
If depo is not big enough, the only good way to make big profit - buy new alts in which you are sure and hodl them for years.
If you made right decision, you will be highly rewarded
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?
You have to be the great predictor or the great lucker with balls of steel
I'd sell my alts on x2 to fix a profit - it's simple and safe strategy.
Theoretically this is certainly possible, but how many years you are willing to wait. And after all, no one guarantees that this will ever happen
why not possible. everything is possible after that. only 1 percent of all money in world can join it will reach million dolars . expand your vision.
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