Which coin made you a millionaire? - page 8.

m2017

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Quote from: smartaction on July 04, 2022, 11:23:13 PM

Quote from: lukeja on July 04, 2022, 03:23:38 PM

It'd be interesting to know how people find and analyse good long term projects that made insane profits. Can you list:

1. How you found the coin
2. Why you believed in the project
3. Why are you still holding or why you sold

I am not a millonaire yet but I bought HEX at $.05 about a year ago and sold at $.20. I thought a made a nice profit but HEX did another 2.5x.

I found HEX by watching a youtube channel and I believe in HEX because Richard Heart seems like a smart dude. I sold because I was dumb back then.

I am not still Millionaire. But I missed many opportunities that were enough to make me a millionaire. If we talk about Hex. I had 400,000 HEX tokens which I sold for only $400. If we talk about Doge Coin. I had 2 million Doge Coins which I sold for only $18,000. If we talk about TWT. I had 200,000 TWT tokens which I sold for only $280. Each of these was a huge opportunity for me to become a millionaire. But I missed every opportunity.

In your case, although you did not become a millionaire, at least you earned something. In the case of Doge Coin, you made very good money. I never had any of this coins you listed, and those that were, in a small amount, could not return to their previous indicators. The only thing that made a profit was bnb, which I bought 4-5 pieces out of curiosity for about $25 at the time.

I don’t want to talk about ICO at all, because the coins I invested in several projects turned out to be garbage. So, I only had a negative experience.

justdimin

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Quote from: cheezcarls on July 06, 2022, 06:26:43 AM

I don’t want to name some specific number of token though, but I think they have made me a millionaire in Philippine peso that time even if it was in a bear market trend (well, I am talking about 2018). It was the reason why I have traveled more often for 2 freaking years in both local and international before the COVID-19 pandemic began.

Right now, it’s just hard to make millions in crypto unless you are so lucky that one of the coins or tokens you’ve bought has made 100,000x or something like that.

In my country, if you want to be a millionaire in our local fiat, it is like just a bit over ten thousand dollars I believe, maybe like 50k? Probably not even as much, don't know the math to be fair but it is definitely much easier. This is why I can easily say that if you move around and find the nations where you could live a lot better, for cheaper then you will be doing fine.

But, when it comes to stuff you need from other nations, that's the trouble. Like yeah you can get meat, pay bills, get a fish, get blanket, buy a couch whatever all for local purchasing power levels. But when you want PS5 or the new iphone? That's going to cost a lot.

fortuner

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Quote from: KaliLinux on July 07, 2022, 05:36:10 AM

Well most of us here definitely are not millionaires yet but I made some good profits from BNB. Bought back in 2021 when the price was about $40 and took it to $600 plus I held my BNB stash in the Binance vault and was also getting some extra coins too

those were glorious days.

Means it's a big luck for you when you get all of it.
Then what will you do in the future, will you continue to embrace BNB and maintain it until the price becomes $ 1000.?

ven7net

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Quote from: lukeja on July 04, 2022, 03:23:38 PM

It'd be interesting to know how people find and analyse good long term projects that made insane profits. Can you list:

1. How you found the coin
2. Why you believed in the project
3. Why are you still holding or why you sold

I am not a millonaire yet but I bought HEX at $.05 about a year ago and sold at $.20. I thought a made a nice profit but HEX did another 2.5x.

I found HEX by watching a youtube channel and I believe in HEX because Richard Heart seems like a smart dude. I sold because I was dumb back then.

Unfortunately, I am still far from such large incomes and I have not yet been lucky enough to earn my first million. As for the choice of cryptocurrencies for earning, I mainly pay attention to new promising crypto platforms and their assets. Of course, I have nothing to brag about, but there were several cryptocurrencies that brought me income of several thousand dollars. One of them is still working and developing is the Tycoon platform and its TYC token. I also want to note that I was able to receive income at the very moment when the platform and its token entered the market. Apparently this is the most favorable period for each crypto platform and its crypto asset.

FlamingFingers

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I cannot forget the day I bought Ecash coin back then in etherdelta, wow it was so awesome, those was when ebtc exrp and all e coins where trending, I could not believe it because the pump was so huge. I missed those days when people just blindly fomo into coin and increase the pump non stop, I guess it pumped for up to two to three weeks luckily for me I was among the diamonds hand

Shasha80

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Quote from: LogitechMouse on July 07, 2022, 02:58:35 AM

Well, just another way of advertising HEX coin to the forum.
Anyway, HEX is a shitcoin and it has been promoted many times here already in the past. You made profit from it? Congratulations

. Profit is profit whatever it is.

As for me, I'm not expecting myself to be a millionaire for a short amount of time. I'm slowly accumulating until I reach the point that all of my assets will reach a million whether it is from crypto or from stock market. Right now, I'm far from it and my profits got disappeared because of what happened in the market as well. Early adopters, holders and professional traders are the ones who are millionaires right now Cheesy

I think people who manage to make profit from shitcoins can be said to be lucky, because it is very difficult to determine which shitcoins will be profitable.
Due to the fact that most of the shitcoins end up being scams, so instead of taking the risk of buying shitcoins and hoping to make a big profit, it's better
to invest in top coins that are proven to be safer.

Although top coins are not like shitcoins which can generate profits in a short time, but we can also generate large profits from top coins, but it must take
a long time. Because the best way to make a profit from top coins is by holding the coins in the long term. By doing this, not only do we have the chance
to make big profits, but we can also become millionaires. It depends on what top coins we choose and also how long we can hold top coins.

KaliLinux

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Well most of us here definitely are not millionaires yet but I made some good profits from BNB. Bought back in 2021 when the price was about $40 and took it to $600 plus I held my BNB stash in the Binance vault and was also getting some extra coins too

those were glorious days.

DanWalker

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Quote from: bakasabo on July 05, 2022, 04:17:07 AM

I doubt there are any millionaires on this forum right now. I believe crypto millionaires dont spend time posting on bitcointalk. Vitalik Buterin has an account here, but I think it is abandoned by him. On the other hand, I dont think that millionaires will share any info about their wealth here, because this might be dangerous.

I used to hold NOIA tokens when their price was less than one cent. Selling them at ATH wont make me a millionaire, but it definitely gonna improve my life. I used to hold some bounty tokens and sold the early, but that would only bring me thousands instead of hundreds.

The chances are, if you're a millionaire you won't take the time to post here or in any other forum, I think we'll have a lot of work to do.
Those of you who are longtime investors, I'm sure everyone has missed some chance to become a crypto millionaire.

I used to hold a lot of Raiblock tokens, I don't know if it still exists. At that time I earned raiblock tokens from the airdrop and sold them for only a few thousand dollars, and 2 months later it has increased more than a few thousand times because it was mentioned by Charlie Lee.

livingfree

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Does being a millionaire in satoshis count? Grin

If that is so then many from the forum are already millionaire in terms of satoshis. Tongue

Quote from: lukeja on July 04, 2022, 03:23:38 PM

I found HEX by watching a youtube channel and I believe in HEX because Richard Heart seems like a smart dude. I sold because I was dumb back then.

Well, it's the opposite from what I've read about the project and this guy. You choose wisely what you're going to invest and bet for your future with what you're about to buy.

sbrys

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Quote from: tvplus006 on July 07, 2022, 03:28:29 AM

Quote from: sbrys on July 07, 2022, 02:44:50 AM

Lost profits are indeed a killer. It overshadows all profit you made. Worst thing is you almost never sell at the top.

If you make a million you will probably depressed you didn't make 10 million. Human nature

But often the opposite situation happens, which is much worse than the one when we do not sell the coin at the maximum price. This is exactly the situation when we are trying to hold a coin, but in the end we do not sell it at all and then we observe how its price is constantly decreasing. And this is the situation now found most traders who thought that the bull market would last forever.

For some reason that never happens to me .

Probably it depends on the type of person. Outcome is the same, you feel kinda depressed

Altryist

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Quote from: tvplus006 on July 07, 2022, 03:28:29 AM

But often the opposite situation happens, which is much worse than the one when we do not sell the coin at the maximum price. This is exactly the situation when we are trying to hold a coin, but in the end we do not sell it at all and then we observe how its price is constantly decreasing. And this is the situation now found most traders who thought that the bull market would last forever.

Ultimately, if the bear market continues for a very long time, it will be very difficult psychologically to hold the coins and then selling at the bottom may follow. Therefore, don't need to be greedy, you need to set realistic goals and always fix profits. After the bear market, not all altcoins can return to their ATH, some can remain at the bottom, so this may be an additional unnecessary risk.

tvplus006

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Quote from: sbrys on July 07, 2022, 02:44:50 AM

Lost profits are indeed a killer. It overshadows all profit you made. Worst thing is you almost never sell at the top.

If you make a million you will probably depressed you didn't make 10 million. Human nature

But often the opposite situation happens, which is much worse than the one when we do not sell the coin at the maximum price. This is exactly the situation when we are trying to hold a coin, but in the end we do not sell it at all and then we observe how its price is constantly decreasing. And this is the situation now found most traders who thought that the bull market would last forever.

LogitechMouse

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Well, just another way of advertising HEX coin to the forum.
Anyway, HEX is a shitcoin and it has been promoted many times here already in the past. You made profit from it? Congratulations

. Profit is profit whatever it is.

As for me, I'm not expecting myself to be a millionaire for a short amount of time. I'm slowly accumulating until I reach the point that all of my assets will reach a million whether it is from crypto or from stock market. Right now, I'm far from it and my profits got disappeared because of what happened in the market as well. Early adopters, holders and professional traders are the ones who are millionaires right now Cheesy

sbrys

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Quote from: tvplus006 on July 07, 2022, 02:33:40 AM

Quote from: doomloop on July 07, 2022, 01:40:18 AM

...However, he got in very very early, like on the first days, and it was super cheap, like 150 bucks or something each, and staked it, made like quadruple of it if I am not wrong on tokenwise, and then the price hit like 8k+ each as well, which made him a millionaire and he sold them all and got out.

Everyone knows that it is very difficult to find a coin that will bring you a big profit. But even if you made the right investment, not everyone is able to wait until the price reaches high. As a rule, we see that the price has increased by 200-300% and sell it, and then we observe how the price increases several times more.

Lost profits are indeed a killer. It overshadows all profit you made. Worst thing is you almost never sell at the top.

If you make a million you will probably depressed you didn't make 10 million. Human nature

tvplus006

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Quote from: doomloop on July 07, 2022, 01:40:18 AM

...However, he got in very very early, like on the first days, and it was super cheap, like 150 bucks or something each, and staked it, made like quadruple of it if I am not wrong on tokenwise, and then the price hit like 8k+ each as well, which made him a millionaire and he sold them all and got out.

Everyone knows that it is very difficult to find a coin that will bring you a big profit. But even if you made the right investment, not everyone is able to wait until the price reaches high. As a rule, we see that the price has increased by 200-300% and sell it, and then we observe how the price increases several times more.

ragini330

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Quote from: lukeja on July 04, 2022, 03:23:38 PM

It'd be interesting to know how people find and analyse good long term projects that made insane profits. Can you list:

1. How you found the coin
2. Why you believed in the project
3. Why are you still holding or why you sold

I am not a millonaire yet but I bought HEX at $.05 about a year ago and sold at $.20. I thought a made a nice profit but HEX did another 2.5x.

I found HEX by watching a youtube channel and I believe in HEX because Richard Heart seems like a smart dude. I sold because I was dumb back then.

[I am also not a milionaire but keep on investing in multiple type of cryptos. I also have other alternative strategies for secured investment. Recently I came across Mallconomy, a great earning site. If you are interested in knowing more, feel free to comment]

doomloop

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Quote from: lukeja on July 04, 2022, 03:23:38 PM

It'd be interesting to know how people find and analyse good long term projects that made insane profits. Can you list:

1. How you found the coin
2. Why you believed in the project
3. Why are you still holding or why you sold

I am not a millonaire yet but I bought HEX at $.05 about a year ago and sold at $.20. I thought a made a nice profit but HEX did another 2.5x.

I am not a millionaire myself at all, hell I do not even have a few thousand dollars right now due to the fall as well. However, I can easily say that my friend became a millionaire based on some project called "SBDO", it was bfi or something, had BDO coin, and then SBDO as an extra thing etc etc, it was an algo stablecoin basically just like Luna and it crashed to nothingness just like Luna as well.

However, he got in very very early, like on the first days, and it was super cheap, like 150 bucks or something each, and staked it, made like quadruple of it if I am not wrong on tokenwise, and then the price hit like 8k+ each as well, which made him a millionaire and he sold them all and got out.

Gayong88

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Quote from: lukeja on July 04, 2022, 03:23:38 PM

1. How you found the coin
2. Why you believed in the project
3. Why are you still holding or why you sold

I am not a millonaire yet but I bought HEX at $.05 about a year ago and sold at $.20. I thought a made a nice profit but HEX did another 2.5x.

I found HEX by watching a youtube channel and I believe in HEX because Richard Heart seems like a smart dude. I sold because I was dumb back then.

Maybe I did not breakdown them one by one, I myself When looking for the next profitable coin always look at my favorite exchanges and look for some hidden gems with learn everything i can learn about them, from technical analysis to fundamentals and everything in between.

Overall, it seems that the most important factor in determining the success of a coin is users, the number of active and willing to use the wallet. HEX is good and If you research and invest it means you can find projects with real potential and one thing if I'm not mistaken, Not always traders try to get the best out of their trades and become millionaires fast.

Silberman

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Quote from: uneng on July 05, 2022, 01:46:41 AM

Different cryptocurrencies have made investors millionaires during bull seasons, but the main one must be bitcoin, since it's the original crypto among all, which gave origin to crypto market and every altcoins. Stories of success involving bitcoin adopters are common and there are even people who wrote books to share their experience and inspire others to thrive in financial world. However, we must be careful with such stories and always look for evidence they are legit, as there are many scammers trying to lure people into altcoin investments promising returns they can't guarantee and telling facts about their personal success that aren't true.

Without a doubt the most numerous stories should be about bitcoin, after all it is the original coin and the one that has existed during the whole duration of this market, so even if it is harder for bitcoin to do a 10x it is still the coin that has the best odds of making you a millionaire, since the rest of the altcoins could have more potential for a higher growth than bitcoin but the chances that a particular coin in which you happen to be invested actually goes through that growth are incredibly low.

isaac_clarke22

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Well summing it up, I only invested in Bitcoin and that was it. I just hold Bitcoin since 2017 and since I usually bought it when I get savings. I think I had build already for almost thousands of profits. I am not sure if there is such a coin or any project that made someone a millionaire.
If someone was indeed millionaire, s/he could have been not in this forum.

Topic: Which coin made you a millionaire? - page 8. (Read 1721 times)