Topic: Is a million dollars possible? - page 52. (Read 5538 times)
Just a graphs in my mind, I think ethereum could make it because this coin now is really in the good side of increasing the price. Maybe 2-5 years from now you will be rich if you have ethereum. Million of dollars is possible as long as you hold your eth if you see that this coin will be on top in the long run.
Yes. That will be possible even withholding alone. Imagine if you bought top 10 altcoins today 1-2 years ago, you are already a millionaire as of now. Especially if you both coins like Ethereum and Litecoin.
If you are an experienced investor or trader, you would not ask such questions. You need experience, a lot of money and a lot of work. Impossible having no experience, with 100 dollars to make millions.
very likely if in my opinion because some people never keep their coin or alt-coi tokens for a few years and the coins are kept rising even though not up to 10000%
It is possible to gain 1 million. Nothing is impossible this days. It can reach to millions but it also can decrease but I only can say that it will always increase.
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 your best bet is with Litecoin or Populous. In populous, you could make passive income, in fact Cliff High said that to those who bought populous, their kids would be wealthy
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?
depends on alts actually, if top alts with low pricing but have a stead upward movement on its price and you bought a ton of it, i think a year or two is enough to become a millionaire without putting some risk factors and future uncertainty.
We can do it, man. Just think.
It is possible if the coins you are investing in has a solid team who put words into action as in the whitpaper, then waiting for one to 2 years precisely will get you the million dollars but unless you buy with at least 10000 usd and abvoe, not 100$.
It is possible, yes, to look for a coin would be with a great project and a good and active team, keep it for a year and surely earn a good profit, and as this world of crypto-coins and impossible to predict, never hold 100% of its money in a currency, divide 50%
I think if you are an experienced investor or trader, you can easily turn a small amount of money into a million. But this takes time.
If you make trading, then the probability of losing all your funds is very high. Buying a promising coin, long holding (more than one year) and luck can give you a small chance to become a millionaire 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?
Yup, everything is possible in this cryptoword, but I'd think it take 2 or 4 years to reach a million dollars on you're 10k dollars capital, but i wonder why did you think that ? You can easily be a millionaire in just 1 year if you invested that in the ICO's, because for me this the only thing to became a millionaire in short time, However, is that a good strategy too for a don't want to take a big risk. 
In crypto world you can earn way more than Million $'s. This crypto world people can either go bankrupts if they dont play well with trading or they will become millionaires if they hodl.
This is very hard to know. However, it's always smart to check ICO reviews & ratings before investing.
www.cryptorated.com
Is a good start. It shows popular ICOs, market trends, coin analysis.
Check the ICO Review pipeline for the top most popular ICOs
https://cryptorated.com/ico-request-pipeline/
Good luck!
www.cryptorated.com
Is a good start. It shows popular ICOs, market trends, coin analysis.
Check the ICO Review pipeline for the top most popular ICOs
https://cryptorated.com/ico-request-pipeline/
Good luck!
Million dollar is possible, for the same to be achieved user needs to have patience to keep hold even when the market fluctuates when you have fixed a target and stick to it. Particularly investing on ico's could get you such a big profiting than investing on high price coins.
I think if you are an experienced investor or trader, you can easily turn a small amount of money into a million. But this takes time.
to generate big coin profits without trading I think it will be difficult because our coins do not increase from the initial purchase and just rely on alt-coin increase
I think that is also a good way to save money for the future. With growth speed now, you can choose big coins such as Bitcoin, Litecoin, Ripple, Monero,... to invest. I'm sure after at least 3 years, you will get big profit.
Yes, if you had bought Bitcoin five years ago and sold it two months ago. But you can always start trading on the stock exchange and then deal with real estate. It depends entirely on you and on your knowledge and skills.
I am sure that you 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.
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