In fact, 95% of the traders who trade binary options blow their account,meaning they lose their initial deposit. and only a small group of people get to earn profit off from the broker.
Those people whom you see are “making money” are either the brokers themselves trying to post some youtube videos to convince people that their platform is designed to help people “earn money” or a group of misguided affiliate marketerswho still have some balance in their account are trying to get people to participate and to reap off some commission from their referrals who had completely blow their account.
Topic: Is a million dollars possible? - page 42. (Read 5538 times)
If you know what you are doing and you have some experience from forex or stockexchange you can easily adopt it here in cryptocurrency market.First you need to learn basic technical analysis for you to be able to secure good trades,first you can start with small amounts and if you are confident that you can win the trades you can try bigger amounts,fundamentals has more impact to cryptocurrencies if you ask me but these two are needed to be successful in your trades.
I think there is many millionaire in here bitcointalk.org So it seems possible. But better calculate potential of your strategy and act on that.
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 very possible. You should take some risks to make a mil. Look for an ICO's that nobody has heard yet. Get a strong hand and HODL till next summer. Token supply is the key !
It is very much possible because if you see the past and present price of ethereum or litecoin then you can imagine how they changed their price. They have already increase 60-70x of their past price. No one can say perfectly how long you have to wait but as example if you invested 10k USD at just one year ago at litecoin then you would a millionaire at this time and if invested into ethereum then you would very close to be a millionaire at this time. You can think what am I wanting to say. We can not predict perfectly about our future but it will be more at future that is for sure and if you can connect with them with your sharp strategy then you have a very big chance to get a good feedback from them.
Making 1 million dollars is very possible with a good crypto. However it may take a while to get there with an investment of 10,000$ but it will get there. 10,000$ reaching 1million is a X100 profit.
Ripple at Jan 2017 was 0.0065$ imagine you put 10,000$ into it. Thats over 1 million$ now.
Ripple at Jan 2017 was 0.0065$ imagine you put 10,000$ into it. Thats over 1 million$ now.
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?
Its always possible in holding a coin to reach a big gain like a 10000% gain, if you can hold it for a long time without hesitation if it increase or decrease its value. Last year there are so many coins like ethereum, ripple, and litecoin who pumped a lot in just 1 year. Its only a matter of time.
Yes you can earn million dollar by the altcoins in the beginning you will not get such a profit as the coins get strong and the value increase you will earn a million dollars
why not ? BTC will see around 20k dolars so it can be reach 100 k dolars. actually I believe in crypto will raise all time. I trusth so I invested all money.
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?
A coin woud have a lot of gains in the market if the coin has a good working product,good developer team,potential partners,the roadmap is well written,the short term and long term goals are achievable,the community must be eager to help the team,the supply isnt exaggerated like other's coin.These are just the basic characteristic of an ideal coin that can give you thousands-millions of dollars,and all you need to do is spent a lot of time searching for these things.
Perhaps this is possible, if of course you will do everything correctly and will be able to invest in several hundred projects that can grow several times. But it seems to me very risky, of course it does not look real.
I think it is possible to be a millionaire here, and even our easy investments can multiply too much. I do not want to run away from investing, but I think I need to take a risk, and I believe we will have a chance to be a millionaire in a very short time to use money and be patient
due to such extreme popularisation of cryptocurrency just holding won't bring such profits soon (if ever). You will have to re-arrange your portfolio severaltimes. But nothing is impossible, you know:)
I ask myself this everyday. For sure, just working isan't growing your capital to 1M. The best way is to always keep investing on 100 top coin/new icos.
Ofcourse it is possible check cryptomarket history. compare cryptocurrencies with 6 months ago and 1 year ago. see the difference. check xem check eth check neo there are many more that raised so much and holders made so much profit hodling them.
If there are so many bounties, how much money is there for bounty campaigns but it depends on how much the manager will give the campaign and how much money they raise.
Yes, i really think it's possible to make 1 million $ , but you really need to invest of time in researching the best ICO's and Altcoins available. Also , you should try to do all possible bounties available, like signature , translation, twitter, reddit, etc , and of course- do not sell the rewards too early.
You can earn a million ,you just have to work a lot of time and if you do not interfere with the position in life to work here and earn 
In that case two ways to reach your goal - buy some from top20 and extremeley hodl for 3-4-5 years, or make a research and choose some new coins that can make 100x. And the second way is much more faster - many coins makes x10 after ICO, and if it is good, it can make another x10 which can give you x100 in summ and 10x your 10k making it to 1 million. So go ahead
Yes, i really think it's possible to make 1 million $ , but you really need to invest of time in researching the best ICO's and Altcoins available. Also , you should try to do all possible bounties available, like signature , translation, twitter, reddit, etc , and of course- do not sell the rewards too early.
Probably earning millions is a possibility in joining this forum because if you are lucky enough to join a good bounties as for example if you are able to join 20 (twenty) different bounties which really pays well and to the end their bounty tokens will also have a higher value than you have expected so it is very real possibility that you will be able to reach a million dollars payment from all the bounties that you had participated.
Jump to: