Is a million dollars possible? - page 38.

pugi2

member

Activity: 286

Merit: 31

Quote from: leea-1334 on February 11, 2018, 07:49:33 AM

Quote from: jacksonmark30 on February 11, 2018, 07:08:24 AM

It is indeed possible, but sadly Bitcoin still needs to fix its issues with scaling. Only with this will investors become confident in Bitcoin again. News of Bitcoin being regulated doesn't concern me a lot since Bitcoin can still function and will be difficult to manipulate eitherway.

That is not sad, to be honest. If a coin needs to scale, that means adoption is successful. If a coin never needs to scale, then we need to worry because no one is using it. Investors have always been confident in Bitcoin. It is the speculators and those looking for quick bucks that quickly move away to alts like Bitcoin Cash because they do not see the big picture (adoption, mainstream use, security, decentralization etc.). Lightning Network and Segwit are fixing Bitcoin's issues, not to mention other developments on the way.

Lightning network is really solve the problem of slow transaction in bitcoin which become most issue appear in bitcoin.
But for segwit, its nothing for me. Segwit is not sloving any issue but seems like the developer want to gain money.

jsmithuk

newbie

Activity: 43

Merit: 0

Yes, of course it's possible, but it's harder now than in 2017 unless the Bitcoin frenzy resumes and we march back towards all time highs.

If you have realistic goals, say earning 20% to 50% of what you put in, that is very feasible and people are achieving those results every month through trading. It's a different approach then just holding altcoins and hoping for 10x profits, but it's made possible due to the constant volatility in the crypto space and the inability for institutional money to arb and high frequency trade away the inefficiencies.

cryptosifu

sr. member

Activity: 378

Merit: 251

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.

Underrated

newbie

Activity: 196

Merit: 0

Is it possible, but also depends on the amount you investing and the coins you do so.
Probably by making an investment of 100K today im bitcoin or ethereum in a close future the value will increase signifcantly.

chutchmcgillicutty

sr. member

Activity: 406

Merit: 251

I don't know what is and sin't possible in this crazy crypto world!!!!

Hopefully one day all of us HODLERs from pre-2018 will be millionaires! But it is really tough to say.

Cheers to Millions!!

Cool

Adamant06

member

Activity: 161

Merit: 11

Quote from: CryptoZ7 on February 25, 2018, 07:43:08 PM

The success to reach the million dollar mark would be possible primarily if we are lucky to obtain the real coin from the very start and be able to deliver a prediction with minimum variation to the actual price. However, the present society offers a highly dynamic and unpredictable market of crypto currency where nothing is impossible. However, technically the real way of achieving that kind of a value with the initial start of the coins, is to start the business at the very initial stage.

I would suggest that it would be even better if you can predict the rise of the current altcoin and obtain it when it is still in ICO phase as a token. To predict with absolute perfection is a very difficult choice. All the traders who invested at the very initial stage has to be very optimistic. They need to depend completely on the belief that the price of the coin to rise to that level as predicted. Most of them are being guided by the rise of Ethereum and are hoping that the coin they are holding will rise too.

Yes it is posible., but it will not be so easy. It will takes time to achieve a million dollar. Considering the market value price and its volatility. Unless you win in a game that has a price of a million dollar.

CryptoZ7

newbie

Activity: 22

Merit: 0

The success to reach the million dollar mark would be possible primarily if we are lucky to obtain the real coin from the very start and be able to deliver a prediction with minimum variation to the actual price. However, the present society offers a highly dynamic and unpredictable market of crypto currency where nothing is impossible. However, technically the real way of achieving that kind of a value with the initial start of the coins, is to start the business at the very initial stage.

I would suggest that it would be even better if you can predict the rise of the current altcoin and obtain it when it is still in ICO phase as a token. To predict with absolute perfection is a very difficult choice. All the traders who invested at the very initial stage has to be very optimistic. They need to depend completely on the belief that the price of the coin to rise to that level as predicted. Most of them are being guided by the rise of Ethereum and are hoping that the coin they are holding will rise too.

ptolimeus

full member

Activity: 280

Merit: 100

Quote from: BlasterS on February 22, 2018, 01:56:34 AM

Yes it is possible. But that will be happen maybe 10 years from now because I think it will be happen only if all people use or patronize cryptocurrencies.
So the more demand needed, the higher price will be. Since the number of bitcoin and altcoins was limited, it will drive to a higher price.

I also think that this is possible, but for this it is necessary to be very prudent and successful. Yes, I think that you need to be very lucky. Cheesy

albertcrypto110

jr. member

Activity: 140

Merit: 1

It is possible, there is no limitation on terms of Cryptocurrency investment. Yes it is possible, but it depends of the amount of work, learning, time and patience you are willing to invest.

BlasterS

full member

Activity: 420

Merit: 100

Yes it is possible. But that will be happen maybe 10 years from now because I think it will be happen only if all people use or patronize cryptocurrencies.
So the more demand needed, the higher price will be. Since the number of bitcoin and altcoins was limited, it will drive to a higher price.

kkaroul4

sr. member

Activity: 994

Merit: 251

Betking.io - Best Bitcoin Casino

Quote from: Evanston45 on December 14, 2017, 03:53:36 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?

I think it can happen in the digital world and if it reaches a high enough value it is a challenge for investors

Hazaki

full member

Activity: 406

Merit: 156

Nothing is impossible if you fight for it , yet having a shot at a coin that will become the next big thing isn't so easy to do especially with so many coins getting pumped and dumped everyday and the big whales controlling everything in the market ..
You should be an expert of trading to spot a coin that is capable of making you a millionaire and only then a million dollars will be possible .

KXC247

jr. member

Activity: 294

Merit: 1

Getting to a million dollar in Crypto isn't easy but its achievable. If you bought top coins last year with 10k usd, you would have been on your way to a million dollars.

Etherum was 11 dollars as at January last year. That would have given you great multipliers, same with xrp , litecoin, etc.

Right now, you can only get such returns if you are able to identify hidden gem and invest into them when its quite early.

Ozero

full member

Activity: 2142

Merit: 183

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. Thus, it is necessary or well to understand the subtleties of the growth of the crypto currency, or you need to have good intuition and luck.

Boybugwal760820

full member

Activity: 308

Merit: 100

Yes I really agree that earning millions in this forum is a possibility because there's no limit for us to join or to participate in many bounties as long as you meet the exact requirements to be able to participate in their bounties, so if you really aim to reach million dollars then just work hard and don't limit yourself in AIRDROPS and SIGNATURE CAMPAIGN because SIGNATURE CAMPAIGN nowadays sucks because of the MERIT thing they are implementing only LEGENDARY MEMBERS are happy and well paid in the SIGNATURE CAMPAIGNS so better divert yourself in TRANSLATION, BLOGGING, SOCIAL NETWORK CAMPAIGNS and INVESTMENTS...

ujinice

member

Activity: 574

Merit: 15

Of course you can earn a million, but only if you keep track of the coins that you hold keep and on time exchange them for more promising.

T.DeLorean

newbie

Activity: 23

Merit: 0

With a large upfront investment on a solid ico, yes, even without trading

ub27

full member

Activity: 559

Merit: 102

It's a foolish idea to think that the price of bitcoin will be $ 1 million. Crypto is an incredible level for money values. I estimate that the $ 100.00 level will be the highest target. Growing market total value is more important.

yomarve

jr. member

Activity: 196

Merit: 6

https://cryptotvplus.com

Anything is possible in cryptoworld. You just have to have the right information at the right time to do the right thing for the right results.

Another easy yet extremely dangerous way of growing like that quickly is through Pumps.

But if you aren't careful, you would be eaten up

Fredomago

legendary

Activity: 2996

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Leading Crypto Sports Betting & Casino Platform

Quote from: Dumzmol3421 on February 16, 2018, 11:28:01 AM

Possible... of you had 2 years before BTC and 1 year before ETH.. Definitely you are in that range by now... Considering that.. It will be huge if you HODL by investing in a good project

If luck will permits you then yes that's still possible who knows what would be the next big potential coins, you just need to read more and continue to
research each project that has been created from time to time, crypto industry always provide opportunities to those who really looking deeper so better
to find the gems inside the market and hold for some time.

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