Is a million dollars possible? - page 50.

mysacrifice

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Quote from: VestRidCr on January 24, 2018, 12:54:07 PM

Quote from: Mrs Troll on December 14, 2017, 03:15:04 PM

When coin became "solid" it had already made 10000%: - \ To get such profit you need to buy at coins on the start of their way ...

I completely agree! The price can grow many times over new promising crypto-currencies - such as Appcoins and Telcoin. To buy these tokens and keep them for at least one year is a very sensible strategy. Cool

That is true. A million is pretty much possible, I didn't make it yet but some of my friend already did their first million. They had the same strategy, they bought a lot of coins when these coins were just starting and then some of them made a million.

rammanbl4

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The interesting thing about investing in ICOs is that you can very quickly become a millionaire because if you choose a potential ICO, the chances of making a profit are high. So you need to research specific to find the potential ICOs, if you find you will have a lot of money from it.

Stelarion

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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?

Yes, you can just buy bitcoin now, and wait until it reaches 1 000 000 USD. You need 3 - 5 years of Hodling, and that is it.

This thing just started, less then 1% of world population are involved in crypto, some 20 - 25% are in denial phase ( primary phase of consideration ), and probably 50% of world population isn't even aware of crypto.

So the price of BTC is now 11 000 USD, what would be the price on 20% of global population involved? And they will come, don't worry. If nothing bad happens to us, they will come, for sure.

For your second question, ... if you buy new coins, no one can guarantee you how long will they last. But there are coins out there which are already several years old, so I would personally choose that kind of coins.

VestRidCr

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JOIN THE NEXT MEGATREND IN CRYPTO!

Quote from: Mrs Troll on December 14, 2017, 03:15:04 PM

When coin became "solid" it had already made 10000%: - \ To get such profit you need to buy at coins on the start of their way ...

I completely agree! The price can grow many times over new promising crypto-currencies - such as Appcoins and Telcoin. To buy these tokens and keep them for at least one year is a very sensible strategy. Cool

Benarand

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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?

Of course you can, if you bought bitcoins, ethereum somewhere for 10-15 thousand dollars, at a bitcoin price of $ 100, now you were a millionaire))) Grin

ronatrip

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Quote from: mjnick01 on January 24, 2018, 08:59:51 AM

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.

I think this is the most realistic explanation. A smash trader who has achieved success will never tell the secret of his success, except for a narrow and close circle of friends. So, you need to learn everything yourself, if you do not have such a experienced friend

poochoorookooy

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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?

I think everything and anything in the cryptocurrency market is possible. There are so many things that would suggest that if the right factors pool up to support one idea, it could happen. Also, I think everything is possible with hard work. The bitcoin market or cryptocurrency market in general is fileld with so many opportunities to boost up ones capacity to earn big money in any venture. Thus, if one would just keep at it with a mix of luck that many, if not, all of the projects would turn out successfully, then reaching that amount of earning is not a dream.

mjnick01

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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.

Jonsnowstark

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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?

If you bought huge years ago then its possible. But for now i think its rarely possible. The prices are already high so without trading you must put in a whole lot of money to get future gains of a million dollars. Most of the people trade in order for their coins to grow. That's not so hard really. And its easier to get to your target if you work for it. Noone becomes soluccessful by just sitying on the chair waiting for a miracle.

Kamelia

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at this point, I simply do not think that BTC value will reach $1m since it still needs to improve on how it will deal with all the unconfirmed transxs as well as how high its fees have becomes. else, people will turn to other possible replacements.

cryptogeek101

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homt.net

It might be possible but not very certain because the price of Cryptocurrency is not determine by any individual. The price of cryptocurrency is a function of demand and supply. You can make a million dollar if you invested heavily in different portfolio.

Mark 123

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Yes.. 😊😊 you got a 10k in 1 month

darkfox12

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Absolutely, invest a portion into new projects and hope one of them will moon. At the same time continue to research and trade active coins to accumulate more wealth. Between the two, 1,000,000 is not out of reach.

retlaw04

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A million dollars is quite within the range of possible. It always depends on how much you invest and what period you can wait. And the right choice of coins.

huoxuanjyphl591

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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 for you to get it if the coin is good enough and you may wait for 1 year around.

Mary_Swift

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Quote from: rahul10948 on January 23, 2018, 11:38:12 AM

I am sure that we can earn 1 million dollars with investing in the crypto currency. But you have to choose good coins with a very good potential. In addition, you need to know exactly when to go from one coin and invest in another. there are also many points including the adoption of cryptocurrency in your country. What are the taxes involved there. but definitely we can be millionaire

I agree with your points of view. I think that you will reach 1 million if you invest in Ethereum or you can play a cryptolottery. This is also a good way to earn a million.

dimon01

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It is important to monitor trends, taking into account recent changes in the market, i think you will have to find new coins after 6-8 months.

Taltic

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Nice and steady like Ethereum lol.
How many times doubled his price last year?

skymia

jr. member

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Was for some that got an early start and firm believer... this coin has great potential still...

Check out this new coin, already on exchange! ROI looks very good! Medical Cryptocurrency with Masternode!

https://bitcointalksearch.org/topic/ann-medic-coin-foldinghome-gpu-mining-masternode-coin-2753447

Do your own research, study your own investments

and luck will come to you

wiz1

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Quote from: rahul10948 on January 23, 2018, 11:38:12 AM

I am sure that we can earn 1 million dollars with investing in the crypto currency. But you have to choose good coins with a very good potential. In addition, you need to know exactly when to go from one coin and invest in another. there are also many points including the adoption of cryptocurrency in your country. What are the taxes involved there. but definitely we can be millionaire

Rahul,

the altpump invite is expired. Can you send another?

https://discord.gg/TdsJzs2

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