Topic: Is a million dollars possible? - page 9. (Read 5537 times)

A lot of good words were said. How I feel about the topic - it is just a waste of time if crypto and blockchain are just $$$ for me. I understood that I really feel happy when I am participating in some really good projects that could really make our future better and cyberpunk world will not so bad as scifi had shown. So, the future needs our time, not our money or our ability to earn money

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.

I think it's more effective to invest in ICOs, but it's very risky. So you should study projects carefully and diversify your investments.

I think it's not too late because the crypto boom is just beginning. Perhaps there will be new promising but not expensive coins that will show huge growth and make us millionaires.

yes its possible if you bought verge xrb or neblio 1 years algo with 1000$ budget

I am fully confident that crypto currency is an excellent tool for making money. And you can earn any amount you want, if you make efforts and go to your goal.

A lot of people said that they could earn $ 100,000, but now I think that this will be very problematic, because now the market has a downward trend, I can not imagine the situation when people earn on it.

I think nothing is impossible. To reach millions of dollars we need effort and hard work. We should not be pessimistic but need to be optimistic that the price will reach millions of dollars. Patience is very important for a pleasure.

The market is young, and it's hard to say how much it will grow, keep money in some tokens and hope for big profits is undesirable, you need to trade.

Making 1 million dollars is very possible with a good crypto. However it may take a while to get there with an investment of 10,000$ but it will get there. 10,000$ reaching 1million is a X100 profit.

It is possible , there is no limitation on terms of cryptocurrency investment. There are some rich investors are very addicted in cryptocurrency and I saw one of the wallets through etherscan that a single ERC20-wallet contained big amounts of almost coins in the market. A couple of coins is are even valued a million of dollars

Yes, it is possible. But you need to have a solid capital to diversify your portfolio. Otherwise, you can only bet all your fund on one coin and this would be a very bad strategy.

Everything is possible with great strategy and patience
Don't just stop at Altcoins there are many other options out there. For example Token sales
I thought maybe I could tell about my investment

Among the variety of existing projects for Token Sales, there are a lot of frauds! Very few of them have qualitatively created processes. That is why when I was looking for a reliable project for investments, I found Socratus. It is an insurance ecosystem which provides a digital platform with instant claim payment products for insurance companies, so any insurance company can connect the platform to become the part of Insurance Digital Ecosystem. In my opinion, it is good that they work with different kinds of insurances such as property, flight delay, cyber insurance and the core aim of the project is to help insurance companies to save their money and get their business on a new level. Like, they can help the insurance company to lower expenses from 15% to 25% on claims handling and operational expenses. Moreover, they powered by Smart-contracts & Socratus Oracles. It means that there is no more solo human decisions to pay or not to pay, no more lingering manual claims handling procedures. I think this is really cool and it seems like innovative and demanded project.

It is indeed possible, but sadly Bitcoin still needs to fix its issues with scaling. Only with this will investors become confident in Bitcoin again. News of Bitcoin being regulated doesn't concern me a lot since Bitcoin can still function and will be difficult to manipulate eitherway.

It was very possible for a guy that joined party in 2015 with good amount of money. I sadly didn't have much back in those days so I couldn't become millionaire, not even quarter of it.

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.

It seems that a 100-time increase for now is extremely difficult, even on coins with a fairly small market capitalization.
But I think ambition like this is very reasonable, because of course we come here because it inspired the previous success.

It is always a good thing to put a target for yourself, but it should be a real one. If you have less than 10 000 $ to invest, you need at least gain them. And be ready to wait for a few years and work hard, be professional at daily trading.

One million is possible when you invest a big amount of money. But be aware you may suffer losses as well. For instance, if you invest $7,000,000 in bitcoin you will get 1000 coins and when a coin hit more than $8000, you will earn a million. And it is not impossible for BTC to hit more than $8000 in coming days. 

I think that this is possible, but to predict such a coin and invest in it in time - it is problematic. You can now invest for example in the EOS and in 5 years it can achieve a price increase of 100 times