Is a million dollars possible? - page 37.

wahyu wida

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Quote from: LancelotRay on February 26, 2018, 05:15:01 AM

I'm gonna go against the grain here and say that it's possible, but it's very unlikely.

$1 mill. is a lot and there are so many variables here. You'd need to invest a lot of money in the first place, the coin needs to be rather volatile, would take a lot of time and so on...

many time is no meaning if wrong choose coin, so it can possible if we are patient and dare to hodl at long time, for example a young boy Peter saddington spend his money $115 at 2011 after 2017 he become rich boy with 45 btc X $19,000, several years and right coin invest

LancelotRay

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I'm gonna go against the grain here and say that it's possible, but it's very unlikely.

$1 mill. is a lot and there are so many variables here. You'd need to invest a lot of money in the first place, the coin needs to be rather volatile, would take a lot of time and so on...

Ulanisohon

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Quote from: Evanston45 on December 14, 2017, 02:53:36 PM

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?

Sure. Of course it is possible.
Just necessary to be close to people who organize or manage ICO in order to know projects which are perspective. Or to be in connection with someone who successfully invests in ICO on long distance (at least one year)
Probably 2019-2020 is a time of destination to your goal Wink

Wyne

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Quote from: Evanston45 on December 14, 2017, 02:53:36 PM

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 is possible but it takes a long time. If we trace the history of bitcoin, when bitcoin first introduced in the market way back 2010, its price is only $0.08 and nobody expects that it will reach up to $20,000 in 2017. Meaning, those who first buy bitcoin and hold it until now are already millionaires. If bitcoin turn its investor into millionaire, I also believe that other coins can do it also. The only question is are you willing to wait and keep your coins within that long period of time? If your answer is yes, then it is really possible for you to gain a million dollar out of your 10K.

rumexx

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Quote from: Evanston45 on December 14, 2017, 02:53:36 PM

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?

In this case you are only relying on the market sentiments that moves the market upward. With $10K USD and buying at least 10 different top 20 coins at $1k each it may take you a long while for you to reach $1million mark. But if you sell high and buy low and resale then your goal will be met faster may in 6 months.

aliceayag

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I think it is possible if you try it with hard work, and not spending too much money.

Jamesdila1

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yes sure. thats exactly im doing. i have around $20000 worth holdings in solid coins( 40% ) and few undervalued coins(60%) . so im expecting around 20X to 50X return in 2019. so 50X will make me a millionaire. so always buy good alts and hold for few years .

almtu

newbie

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Possible. There is a big possibility on that of millions of dollars without any trading and investing. How it will happen through joining in the campaigns that not scam. A campaign that have a good future for the next years to come. Then having the coin in your wallet let it be on your wallet in a peaceful moment. After how many years if the value of coin doubled then you got the jackpot.

anzhanbei1214068

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If you invest a lot of money, only a million dollars is possible, but you need to be lucky.

Because the COINS are very volatile.

bitcoinsc

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i need a 7000% gain in crypto to hit a million. i put multiply that to the market cap it will be 3 trillion in market cap. 3 trillion sounds very possible but not anytime soon. 3 trillion is almost half worth the supply of gold. 2020 is a big year in crypto because many crypto experts are predicting its the year of crypto. I think that 3 trillion can hit in 2022 though seriously
dec 2017 had 750billion - 350 billion (wiped out in 2018) = 400 billion currently
350 billion x 4 years = 1.4 trillion
1.4 trillion + 400 billion = 1.8 trillion
good enough.
most roadmaps will be accomplish by 2020 also.

blocklancer8

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To realize a million dollars is very possible, if we are diligent and wholehearted to do it then we will get what we want.

Babayan

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Quote from: carlisle1 on February 26, 2018, 02:01:58 AM

Quote from: Evanston45 on December 14, 2017, 02:53:36 PM

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 know what?stop being greedy and just focus on enough profit you earn here,fucking 1 million .why need to ask for that when $1000 is good enough.just donit little by little and sooner you'll find youre becoming millionaire without noticing.isnt it much better to expect

1000$ is a not enough sum to make 1.000.000$, even in crypto. You should find an ICO or a token whick will make 1000x profit, but it is unbelievable profit, you know? it's a one-in-a-million chance. I think it is more realistic to make 10x, so you should have 100k$ to make 1m$

VackFromOhm

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It's turtles all the way down!

Definitely possible, but not in under a few years unless you are amazingly lucky. You buy a coin at the very beginning of its lifetime and hodl for dear life. Someone who bought Ethereum years ago would never have to worry about what their next meal is going to be paid with - millionaire or not, I think that's what we're all hoping for!

skaya7

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it is reasonable to think long term but not forever forever 8 months if you have achieved your goals for a long time I think it is beneficial to renew investments

carlisle1

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Campaign Management?"Hhampuz" is the Man

Quote from: Evanston45 on December 14, 2017, 02:53:36 PM

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 know what?stop being greedy and just focus on enough profit you earn here,fucking 1 million .why need to ask for that when $1000 is good enough.just donit little by little and sooner you'll find youre becoming millionaire without noticing.isnt it much better to expect

todiefor17

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Quote from: Geleve on December 14, 2017, 03:11:10 PM

Possible, if you bought ethereum 1 year ago with your 10k usd. Now you would have 600k USD. Very close to become a millioneire Cheesy

If you bought litecoin 1 year ago with 10k usd, you would already have 1 millione usd in your pocket Wink

A coin takes more than a year to develop well. Not every virtual currency can grow in a short time; some coins have been in the market for a long time but still difficult to create. The higher the rankings, but besides the pennies that just wait more than two months have achieved high profits but that should have the luck of investors

Lucky_U

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All things possible in amazing world of crypto. But better way is to research market and invest on presales in such project like ICON and not wait, when LTC or ETH price will rise huge.

srmecdes

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it is not easy but also it is not impossible. If you can wait enough (maybe 1 year maybe 5 year) you can reach these target level.

Sephire

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It is all possible and within next 5 years. Since nobody can know the future 100x coins,
choosing good coins is very important. At least half or more should be top coins and the rest in
other quality old and new ICOs.

crazylikeafox

sr. member

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In this crazy world of cryptocurrency, anything can happen, the only question is "when?". So for me, it is not impossible, though it won't be that easy. It may take years and years to reach that high price, but we are all hoping that it happens. We just have to keep on holding and see what happens in the future.

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