Is a million dollars possible? - page 46.

Bitmedrano040117

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Activity: 462

Merit: 251

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

It's normal! We can gain alot if you going to invest a big amount of money and wait until the end of this year. I probably buy new House and lot and will become Satoshi Millionaire. Buy the dip and sell profit after.

docprabsb

newbie

Activity: 1

Merit: 0

Bitcoin is always a good bet. My plan is to buy 1 bitcoin once it drops to the 8k support. Then hold till bitcoin hits 1000000

Skyrah2008

full member

Activity: 284

Merit: 100

If you are asking now in our generation, That is not possible. 1 million dollars is a very large amount of money actually, or it could be possible if 4 years ago you buy a huge amount of bitcoin, Ethereum, and Waves.

kakawin

full member

Activity: 308

Merit: 100

Make a million dollars is quite real, especially if at the right time to buy a coin. But each will not get a million, someone must lose money, because this is how the market works. Wink

blackhawkeye1912

sr. member

Activity: 784

Merit: 250

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?

IF you have the money before and bought some ethereum, i think you are close to a million now, but if you are just talking now and will start now you will have a hard time for that. let say you have 100K USD before and invested it on ethereum, well we can all see that you reached your quota now. higher than expected.
even on bitcoin, if you did it you are a certified millionaire. hold and wait is the basic rule on this.

peleng

full member

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1 million dollars looks quite real sum. But to get this amount of money you need to be a very successful trader. In any case, in my opinion, long-term investments are more profitable than short-term investments. Cheesy

YYmeans

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Activity: 308

Merit: 250

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 does have the chance to reach a million dollars by trading cryptoes , but that's not easy to reach . Maybe invest in some icos could help you reach the goal , that's why ICOs are very hot even some countries have banned it.

Cryptosaphire18

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Activity: 112

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Quote from: mirofame on January 31, 2018, 10:08:41 AM

If you have dreams, yes. Grin

Without the funny joke, if you want to get a million, you probably should have a lot of money for start and invest really smart with luck of course. I am talking about 100 000$, you can scatter them in different ICO's, Currencies, Shares of some good companies, and just wait a little bit. With a GOD and luck in your side, you will get your first Million $.

Well I guess that's a matter of opinion,In many way's I personally think its possible to achieve a million dollars by investing in crypto. If you research, diversify, be patient, and buy more during lows, I feel you can realistically make multi-millions off a relatively small investment.Although there are some factors that may affect during the process in order to achieve that million dollars.And i think one of that is acceptance of bitcoin as a form of payment would have to be expanded on an enormous scale.

o.ogurlu

member

Activity: 910

Merit: 12

yes i am sure possible just need follow all coins and doing airdrop and bounty. if spend 5-6 hour in a day and have 1000-2000 dollar can have million dolars in 1-2 year

Iyanu14

member

Activity: 795

Merit: 10

Determination and consistency will push you toward it. It is feasible i have heard the story of a buy that turn $30 to 1million dollars
In as much he was able to achieve that it is also possible if you can also put what he put in place in achieving it.

mirofame

newbie

Activity: 26

Merit: 0

If you have dreams, yes. Grin

Without the funny joke, if you want to get a million, you probably should have a lot of money for start and invest really smart with luck of course. I am talking about 100 000$, you can scatter them in different ICO's, Currencies, Shares of some good companies, and just wait a little bit. With a GOD and luck in your side, you will get your first Million $.

bramgg.crypto

member

Activity: 194

Merit: 10

Grow with the flow.

I wouldn't know until it actually happened. But I can certainly tell you that it is the intention, or long-time goal. Isn't it for everyone in cryptoland? Tongue

supine

full member

Activity: 1036

Merit: 109

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's possible, if you can buy a lot of coins at a really cheap price and if goes to the moon. Just imagine, if you have bought $1000 worth of bitcoin when it first started, you could've been even a billionaire if you could've held it till today. I really think that patience always pays off, so if you think that a coin has a great potential just hodl it.

mmo_online_1981

sr. member

Activity: 798

Merit: 250

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?

I think! This time, we have not other coin will gets 10000% gain as Bitcoin!
Only can get 100% gain in some year1
But more coin go down after/1 So you need to carefull before you invest!

Asmonist

sr. member

Activity: 756

Merit: 251

Time will always take part on this. Giving much attention to investment and trading is most likely the ways to achieve it. Keep on tracking or monitoring it to know when to buy or sell. Holding maybe convenient but the returns will differ for those who always give time to it.

Wildwest

sr. member

Activity: 1701

Merit: 308

It possibly can if you focus what you faced on it. Starting from little maybe you will get bigger profit but it depend on what coin you invest. A good coin like top 10 on CMC maybe good things to make some money.

Ngajim

member

Activity: 279

Merit: 13

It was possible to be come millionaire,but its not simple. you need to make a good profit and start to trading.
if you lucky you will get a lots of profit, but it is highly risky and you could lost your money.

Fasdartin

sr. member

Activity: 618

Merit: 250

Quote from: batturkey on January 27, 2018, 11:39:14 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?

So I guess you asking how long it takes to make 100X with a top20 Coin.
2017 was an incredible year and many coins went 10-50X to up.
to expect the same from 2018 is way too positive.(doesnt mean that's impossible)
But I guess it would take 2 more Bitcoin Blockhalving so 2024-2025.

I guess yes it possible to reach until a milllion dollar because some cryptocurrency right now its value are is so much high. And especially in doing investing even its risky but when you lucky to your investing then probably you can have more profit.

Daeshim

newbie

Activity: 96

Merit: 0

yes it is possible but not fast- learn and invest for long term in best projects-platform.Which? I think-EOS,ETH,Bancor So I guess you asking how long it takes to make 100X with a top20 Coin. 2017 was an incredible year and many coins went 10-50X to up. to expect the same from 2018 is way too positive.(doesn't mean that's impossible)

lisa_john

newbie

Activity: 119

Merit: 0

Some coins do better, some not. 2017 was a crazy year and I can't tell if more will follow. And you need a crazy year for this, really, else it could take even 10 years easily.Monero had a long history of 0.5$-2$ prices. The ones that invested back then 10k$ into it are surely millionaires now. And it took 3 years.

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