Is there any altcoin to be millionere by holding up to 5 years from now ? - page 5.

Pumox

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Quote from: serjent05 on April 17, 2022, 06:05:31 PM

That is quite a hard question @OP. No one is sure what the price of a certain altcoin is in the next 5 years but if you are so eager to invest, I can say try to look for an altcoin that has a low price, solid foundation, good community, and had been running for some time and yet been pumped hard. You can try to look for a good altcoin that is less than $5 in price because the lower the price of an altcoin is the easier for its price to go up and the profit multiplier to ramp up.

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Ok got it thanks but many people are investing in shitcoin/memecoin is that the correct descision ? And can we invest in the coin that has low marketcap? Or what is the main and most priority that we should focus before buying a coin ? I mean the most priority we should focus ? Any idea please regarding this. Please

Pumox

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Quote from: Crypt0Gore on April 18, 2022, 12:15:46 AM

People do hold alts and end up losing money or making the biggest money of their lives, you need to man up and make a choice, don't buy coins and hold because people tell you to, in the end you will sell before another bull market gets here, this is a decision that only you can make.

Ok i got it. That means holding alt for long time is not the solution to be rich i guess. Crypto always follow the trends right ? So we can invest by looking the market conditions ? I think no altcoin last for 5-10 years right ? Thanks for your time, can you clear this please.

Crypt0Gore

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People do hold alts and end up losing money or making the biggest money of their lives, you need to man up and make a choice, don't buy coins and hold because people tell you to, in the end you will sell before another bull market gets here, this is a decision that only you can make.

abyan@83

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Quote from: Pumox on April 17, 2022, 09:46:17 AM

Greetings to every lovely people out there, This is so hard to guess which altcoin will go like a rocket. I love to do trading but spot trading and holding is lot more difficult for me. Is there any coin in your mind guys ? Don’t forget to share your opinion and thank you for giving time.

I can't answer that for sure, the coins I think of when people ask me what is a good buy I just say bitcoin and ethereum are the best choices. I don't want them to take the risk because of my advice, but bitcoin and etehreum are the main cryptocurrencies, those who want to invest at least hold bitcoin if it goes up they will be happy, so is ethereum which is the biggest source of smart contracts in the blockchain world I think they are almost equal, has a good history before.

Pumox

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Quote from: cabron on April 17, 2022, 09:15:47 PM

Having small capital will make you wait more than 5 years.

Its hard to say if you'll be a millionaire in 5 years but somehow you will profit when you hold some in 5 years. If you have hundred to thousands of ETH or BNB, you might be when price spikes high. The 2 altcoins however is very expensive already and that means, you need huge amount of capital to also earn huge. This is very obvious.

Crypto market is hard to predict, the coins you think will not exist after a year suddenly listed on robinhood. Maybe buying billions of SHIB will make you millionaire after 5 years.

Yeah i think you are correct. I missed the Shib but i have noticed shib and even participating in wallstreetbet voting. They posted a new coins where we have to vote and shib is one of them. I regret now that i am not buying shib that time. Now many peoples who invested even 1000 to 10000 dollars are millionere now.

cabron

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Having small capital will make you wait more than 5 years.

Its hard to say if you'll be a millionaire in 5 years but somehow you will profit when you hold some in 5 years. If you have hundred to thousands of ETH or BNB, you might be when price spikes high. The 2 altcoins however is very expensive already and that means, you need huge amount of capital to also earn huge. This is very obvious.

Crypto market is hard to predict, the coins you think will not exist after a year suddenly listed on robinhood. Maybe buying billions of SHIB will make you millionaire after 5 years.

southerngentuk

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Quote from: Pumox on April 17, 2022, 09:46:17 AM

Greetings to every lovely people out there, This is so hard to guess which altcoin will go like a rocket. I love to do trading but spot trading and holding is lot more difficult for me. Is there any coin in your mind guys ? Don’t forget to share your opinion and thank you for giving time.

may or may not

Participating in a market related to finance as well as technology depends on many factors, such as knowledge, money,... I have a positive view of the market according to my understanding, but not everyone thinks or approaches the same way. Building a specific strategy is always essential for any investment. In terms of profitability, I think the proposition is as accessible as BTC or ETH, but the things at the top of the market are things that I always recommend my friends hoard if they can, and over time we will benefit about the profits it brings.

Pumox

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Quote from: GreatArkansas on April 17, 2022, 10:02:35 AM

Very difficult to answer. No one knows it for sure.
But doing our own research will be able to help us to find one. But I can advise here finding a good project even an altcoin is already here for the long term but they are quality, even how expensive they are already now once the project is good, it will always have room to grow.
Less risk is going on high market caps coins, like Bitcoin or Ethereum.

Thank you so much for your answer and as your suggesting coins i guess bitcoin and ethereum is good one because i have seen many times they recover so fast and also BNB but i really want to ask in the thread. Really many Mhanks for clearing my mind/doubts that i have.

poodle63

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Impossible to predict which token that will be growing up in the next 5 years from now, any possibility can happen anytime. Some low cap tokens can make unexpected gain from the unexpected news just like when crypterium gets listed on the coinbase.
This is also adding more opportunity for use to think about that. In my opinion any team with solid product can make a great achievement for sure. I have been learning a lot from so many tokens and coins were getting listed on major exchange sites if the utility was the most important thing in the crypto.

KennyR

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Quote from: serjent05 on April 17, 2022, 06:05:31 PM

That is quite a hard question @OP. No one is sure what the price of a certain altcoin is in the next 5 years but if you are so eager to invest, I can say try to look for an altcoin that has a low price, solid foundation, good community, and had been running for some time and yet been pumped hard. You can try to look for a good altcoin that is less than $5 in price because the lower the price of an altcoin is the easier for its price to go up and the profit multiplier to ramp up.

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Myself too had the same thought. Invest on a low priced altcoin that have got good volume and a team that is committed in development as per the growth happening with cryptomarket. When investing in such coins try to hold a good volume and see if it is in good rank. Though ranking isn't a big thing it also play role while getting added to Exchanges. Invest on coins that are listed on tier 2 exchanges. When this gets listed on tier 1 exchanges, surely we can experience a big price jump. So, plan wise and act accordingly. If luck is on your side you'll be a millionaire after or within the next five years.

X-ray

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It's very hard to predict but this is my experience. I have participated in the ILO that launched by vulcan forged in the past and i was able to make at least 500K USD from almost 1 year holding. I have sold my assets when PYR got listed into the binance exchange site. Im buying back again right now waiting for the PYR to be listed into the coinbase and this may make it to reach another ATH again. I guess this is very profitable in long term when you do know which was the right token to be bought for the long term investment.
So many millionaires are also coming from holding binance coin for a few years.

Shasha80

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Quote from: Pumox on April 17, 2022, 09:46:17 AM

Greetings to every lovely people out there, This is so hard to guess which altcoin will go like a rocket. I love to do trading but spot trading and holding is lot more difficult for me. Is there any coin in your mind guys ? Don’t forget to share your opinion and thank you for giving time.

If you like trading, at least you yourself have an idea which coins are good to buy and can generate big profits. Actually there are not many coins
that can be profitable if we hold in the long term, so far based on my experience in the crypto world. The safest and recommended for holding
for 5 years is definitely Bitcoin, I guarantee Bitcoin will not disappoint you. For altcoins maybe only ETH and BNB I can recommend, because so far
in my opinion only ETH and BNB are altcoins with the most stable performance, and can always recover quickly if the price falls. And must remember
in addition to choosing potential coins, if we really want a long term holding and make us millionaires, we must maintain our patience. Because
otherwise we will sell the coins we have before our target is reached.

serjent05

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That is quite a hard question @OP. No one is sure what the price of a certain altcoin is in the next 5 years but if you are so eager to invest, I can say try to look for an altcoin that has a low price, solid foundation, good community, and had been running for some time and yet been pumped hard. You can try to look for a good altcoin that is less than $5 in price because the lower the price of an altcoin is the easier for its price to go up and the profit multiplier to ramp up.

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albon

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Quote from: Pumox on April 17, 2022, 09:46:17 AM

Greetings to every lovely people out there, This is so hard to guess which altcoin will go like a rocket. I love to do trading but spot trading and holding is lot more difficult for me. Is there any coin in your mind guys ? Don’t forget to share your opinion and thank you for giving time.

Bro, investing in cryptocurrencies is somewhat similar to gambling. It is just luck. Each of us has his own view and expectation resulting from his analysis of the coin he believes in. You want to become a millionaire, This is good and you can become that if you invest in promising projects that have great value and real uses, and strong performance. As for me, I hold bitcoin, Ethereum, BNB, and Matic and see a bright future for these great coins.

goaldigger

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Quote from: Pumox on April 17, 2022, 09:46:17 AM

Greetings to every lovely people out there, This is so hard to guess which altcoin will go like a rocket. I love to do trading but spot trading and holding is lot more difficult for me. Is there any coin in your mind guys ? Don’t forget to share your opinion and thank you for giving time.

Its hard if you are just going to guess on which projects you are going to guess but if you really know what to do and where to put your money, i believe you can be profitable but Its hard to see a million profit in the next 5 years not unless you have thousands of capital to easily achieve this goal. Trading is only advisable to those who have experience on doing that, holding is the best option to those who don’t have experience in trading. BNB and ETH are still my top options for the next 5 years, they can be more big.

cryptomaniac_xxx

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Quote from: Pumox on April 17, 2022, 09:46:17 AM

Greetings to every lovely people out there, This is so hard to guess which altcoin will go like a rocket. I love to do trading but spot trading and holding is lot more difficult for me. Is there any coin in your mind guys ? Don’t forget to share your opinion and thank you for giving time.

You should know that no one holds a crystal ball here that will see the future.
So that answer is no, we don't know what coins that will give us a huge profit in the next 5 years, altcoin that is. And it seems that the market is already saturated by bad altcoins that it's hard to guess which one is good to hold for long term. Might be better if you are going to stick with BTC though, just a suggestion.

Doell

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Becoming a millionaire by invest in altcoin over a long period of terms is like buying a lottery ticket and winning the jackpot, but the odds are bigger than a raffle, you only need to invest at least 10 altcoin at a very low price to get a big amount. You're a trader you should already know what you want for hodl in the long terms? it's difficult inded if a trader for long holding is usually short or medium, but try a few and freeze them in different wallets separately.

crzy

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Quote from: Pumox on April 17, 2022, 09:46:17 AM

Greetings to every lovely people out there, This is so hard to guess which altcoin will go like a rocket. I love to do trading but spot trading and holding is lot more difficult for me. Is there any coin in your mind guys ? Don’t forget to share your opinion and thank you for giving time.

You can be a millionaire depends on how much money you are going to put, because if you only plan to deposit a $100 and buy a token and hold it for the next 5 years, its really impossible to become a millionaire by that amount. Maybe its good to be more realistic here, you can buy top coins and expect a real profit from them after 5 years but lower your expectation.

Kavelj22

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Quote from: Pumox on April 17, 2022, 09:46:17 AM

Greetings to every lovely people out there, This is so hard to guess which altcoin will go like a rocket. I love to do trading but spot trading and holding is lot more difficult for me. Is there any coin in your mind guys ? Don’t forget to share your opinion and thank you for giving time.

It is never easy to answer such a question, simply because every person who will advise to buy a cryptocurrency is himself storing it in the same hope. Or that it is not originally from the investors and only provides answers in the form of proposals that have no solid basis.
This is in addition to the fact that the period of five years seems very long, and no one can predict the occurrence of a particular thing after this period. Some projects that seem successful today may disappear in a few years.

Imran232

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Quote from: Pumox on April 17, 2022, 09:46:17 AM

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Yeah, any coin you choose. You just have to invest 990K and then in 5 years you will definitely be a millionaire. Hey, don't be serious. I am just kidding. But honestly speaking, it's really tough to say, but it also depends on your investment amount and how much X you want to get in return. If you want to get 10x to 100x in 5 years, then it really could be tough but possible if you choose the top altcoin from the market. It is already at a good price, but in 5 years it has the potential to grow 10x to 100x. Like solana, luna, bnb, near, kcs share, ftx, polkadot, ethereum, etc., It's just my opinion, others can be different. Thank you.

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