Topic: Is a million dollars possible? - page 53. (Read 5518 times)
Getting more than a million dollar in investment in holding crypto currencies and very easy if you have the capital to invest. HODL for just a year and you join the millionaires club
very possible, but you need more than 5 years to hold your coins,, my friend
better you trade in crypto, but with swing trading style, so, you don't need to watch the charts daily
better you trade in crypto, but with swing trading style, so, you don't need to watch the charts daily
Yes. It is. But what industry are you referring to? What products? For me, it does not matter how much sales you have because what matters is how much your PROFIT is. How much are you taking home. Many experts are wondering -- could Bitcoin potentially rise to $1 million? ... There are a lot of things that would need to go right for bitcoin before a million-dollar valuation is possible.
everything is possible if believe in that and make some effort in this direction.everyone can be whatever he want. and crypto can help with it.
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, I believe it is possible and the best probability to get high gain is to invest into starting projects, most of them will be undervalued in the beginning.
I just recently found privacy token, their project is very interesting. I do believe that their prices might go (at least) x20 this year.
I got some tokens on EtherDelta, the project's name is Ethereum Meta.
Offcource possible because many price of coin increasing up to 10,000% in a few years like ETH, LTC, DASH. But now there are to much coin and this is make us hard to find the good one and has possible to gain 10,000%, but with good strategy and patient we can do it.
I tell you it's impossible.
And the rise of ETH and LTC is not as Increase volatility as you might think, even if you can sell it at the highest point every time, and buy it at the lowest point, which is still hard to do with the x100.
And the rise of ETH and LTC is not as Increase volatility as you might think, even if you can sell it at the highest point every time, and buy it at the lowest point, which is still hard to do with the x100.
With right attitude definitely possible!
Yes. I even saw the thread on BTT not so long ago about a guy who made it. So it is possible!
There are many success stories about it. So it's possible to win it and more. With good research and the right choices a millions will not be far away to reach. As everyone said here, patience is very important.
Looking at how some of the coins fared a year ago, at 10k, some have reached a million dollar already. But with today's so many emerging cryptocurrencies and a lot more being released, its hard to single out already which will bring you to a Million Dollar Mark. It take some heavy prediction/research to somehow narrow down the choice and of course some streak of luck to hit the mark.
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 wouldn't say it is impossible but if you are planning on trading from time then I think it would take a lot of time and effort where as if you have started to invest on ethereum early then you would gain the most benefit from its growth and may have made your million dollars very much possible 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?
if you are lucky its possible 
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.
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 luck is by your side it is possibleIf 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 were the perfect trader, buying and selling exactly at lows and highs, you would make much more than a million in one year. But I believe that is nearly impossible to be that good.
I would say "It is impossible". If you invest 10000$ in a coin, I don't believe that you will not cash out when is 100000$ or 200000$. I don't think you will have this nerves of steel to hold on.
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 ...
and when they get that nice coin they keep it for a long time so when it's sold the price is already very high and the results are amazing 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'd say it's possible in the really long term, around the next 7-10 years, but anything could happen during all these years.
A better strategy to reach 1M would be actively monitoring the markets and finding new coins with huge potential and maybe you could try looking into ICOs if you have the time to research them.
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?
luck matters the most if you are lucky then yes it is possible Jump to: