Topic: Is a million dollars possible? - page 58. (Read 5538 times)
I think it might be possible. about the same probability as winning the lottery. 50% - you either win or not
Guys, I believe that everything is possible, only you need to have the desire and different approaches to everything.
You can and only need to strive and fail.
As they say "do not give up" and everything will be and everything will be achieved)
You can and only need to strive and fail.
As they say "do not give up" and everything will be and everything will be achieved)
Possible? Yes. Feasible? Most likely no.
It is possible because every day new investors come in to invest in bitcoin, trading also helps the market value of bitcoins. You must have the guts to hold in until the price reach its peak market value.
Everything is possible in the crypto world. The real way of achieving that kind of value with your initial start of the coins that you possess should be made when the coin is starting. It would be even better if you can predict the rise of the current altcoin and obtain it when it is still in ICO phase and it sits there as a token. Prediction is hard and anyone is hoping that particular coin that they are holding will rise in the value in a couple of years and cause of that many are keeping their coins with the beliefs that rise will happen very soon. Most of them are being guided by the Ethereum rise and are hoping that the coin they are holding will rise too. Million is possible but one of the factors is the luck to obtain the real coin from the very start.
As far as I know, there is one altcoin that has been more than 500x of its ICO price, it is iota! I think it should be enough to be minllion dollars if you joined in this project and sell it 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?
Yep, it's possible, i looked at the price at the start of this year and it's definitely possible to gain more than 1 million using 10k usd as a starting capital. Eth price is about ten dollar and ripple (xrp) was less than 1 cent so if you bought that then you are close to 1 million usd right now without the need to trade. 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?
Nothing impossible in this cryptocurrency trading. A million maybe more we can get it from trading but need long time.
Most people do like you explain, just buy and hold. Only some people do day trade. I like holding strategy if the coin has big marketcap.
yes you have to balance it with the latest coin, because this is the world of commerce, certainly has a high enough competition, we can not predict more clearly how the development of altcoin in the future, so at least you can follow the development of this crypto world
It's definitely possible, but it would be best not to expect anything since it would only disappoint.
Yes...
I remember when one BTC was $500 and I did not buy it! Look how much 1 BTC is!!
I remember when one BTC was $500 and I did not buy it! Look how much 1 BTC is!!
Anything is possible in crypto. It got to where it is now with disbelief all the way up.
Its possible to earn million dollars but make sure that your coins will increase to the highest value that you bought so in that way you can earn a million in a year or years.
In the world of cryptocurrency everything is possible. Huge ups and downs.
But in order to achieve the goal, I think you need to revamp your portfolio more often than 6 months.
But in order to achieve the goal, I think you need to revamp your portfolio more often than 6 months.
It is possible to earn a million dollars by investing in cryptocurrency. Especially when you invest in the early days of these coins like btc.
It's possible, but then again, anything is possible in crypto.
Well I think its possible if you buy or invested in a particular coin as early as possible, lets say one year ago. If you invest in ethereum or litecoin a year ago, lets say around 20000$, you would probably have around 800k$ to 1M$ right now. But if you invest a little late, it would be difficult to reach 1M. But always remember that cryptocurrency is very volatile. It can increase or decrease its value significantly anytime. So don't expect the same result. The point is, the earlier you invest in a particular coin the better.
Under $ 1 pay attention to them these coin can give you a lot of profit over a period of 6 months. Or the cannabis linked to cannabis, pot ... these coin up the price of at least 100%.
It can happen. Ho one knows what will happen next, but my hopes and prayers are that this industry will never go down and will not be shut down. The values of each coin are now increasing and for me it is possible for the million dollars to happen
If you put 100k$ maybe fast,buy will be dip on market,prices are on high all that with big on any kind of exch
It can be one big sell of,so i will wait
It can be one big sell of,so i will wait
Jump to: