Pages:
Author

Topic: Which coin made you a millionaire? - page 9. (Read 1672 times)

hero member
Activity: 2030
Merit: 591
Leading Crypto Sports Betting & Casino Platform
July 06, 2022, 02:04:43 PM
#33
you decide to buy HEX because you trust someone you don't know, and you think it will make you rich. If you do not research carefully but only buy according to other people's opinions, you only lose money. Don't go back to blaming him if you don't reach your goal later on because you don't have any investment perspective.
Do you have to know who the founders are as a whole? nor may some of the background and projects he carries with him have long term benefits. But what about Bitcoin we all don't know Satoshi? would you advise not to invest because you don't know him too? in this case it is not an important benchmark, because the main priority of crypto investment is that you have a clear long term target.
full member
Activity: 1001
Merit: 100
SOL.BIOKRIPT.COM
July 06, 2022, 12:36:54 PM
#32
I think it is very difficult to determine which coin can make us millionaires in the future, because crypto is very difficult to guess and in the world of cryptocurrencies anything can happen, but if you look at the potential that  have I think polygon (MATIC) has a great opportunity to increase higher in the future.
hero member
Activity: 1820
Merit: 537
July 06, 2022, 01:48:02 PM
#32
I'm too far from the word millionaire but I could say that I'm lucky enough from my gains with Bitcoin last bull run. I was actually having regrets because there were opportunities that I missed when the price was too low before the first bull run happened last 2017. There are still potential coins that I'm holding for a long-term run like BNB, ETH, and LTC as well as Matic, so I'm still hoping to be a millionaire in the future.
legendary
Activity: 3276
Merit: 2442
July 06, 2022, 12:31:20 PM
#31
The coin which I haven't bought yet. Also millionaire in what? Seashells or US dollars?

I don't think a USD millionaire would waste time writing posts in this forum so you are asking this in the wrong place. Maybe go visit where the rich people hang out and you'll have your answer, that's if you can enter them places. (assuming that you are also poor)

LTC, XMR, BTC, ETH, DOGE they all created lots of multi millionaires before.
newbie
Activity: 3
Merit: 0
July 06, 2022, 12:07:33 PM
#30
UST made me millionaire but in the wrong way <3
sr. member
Activity: 1666
Merit: 267
July 06, 2022, 10:48:54 AM
#29
None, and I think there is a very little possibility that a single coin in crypto investment can make anyone $1 Million. My biggest gain was ETH, 4 years ago when the price reach $1,000 and I earn more than $2,000 only from ETH, that was my biggest profit from Crypto, after that I never make more than few hundreds bug from a single coin.

It is recommended not to invest only in one coin, in addition to preventing the risk of losing all of our money. Investing in several coins has indeed
proven to be more likely to be able to generate large profits. Because based on my experience investing in crypto for several years, it is very difficult
to expect to make big profits from just one coin. My experience of becoming a millionaire only happened once when there was a bullrun at the end of
2017, some of the coins that I hold have all experienced an extraordinary increase. Unfortunately I was too greedy and next I tried my luck investing
in some new projects, but in the end the big profit that I got earlier ran out because I invested in the wrong coins. That became a valuable lesson
for myself, that when we become millionaires from crypto we must use the profits earned wisely.
hero member
Activity: 2576
Merit: 666
I don't take loans, ask for sig if I ever do.
July 06, 2022, 10:02:03 AM
#28
It didn't really make me a millionaire but some of the coins that I've profited off rather well are SLP and VIS. I managed to hop on as somewhere around the early to the middle period when the market was booming for those two coins, so I manage to nab a pretty good profit out of it. Other than that I've mostly stopped in looking for other projects and just held on to DCA'ing my Bitcoin (since I'm busy with studying) so yea, if I ever do make it as a millionaire majority of it would come from Bitcoin.
sr. member
Activity: 2058
Merit: 281
Seabet.io | Crypto-Casino
July 06, 2022, 09:37:04 AM
#27
It'd be interesting to know how people find and analyse good long term projects that made insane profits.
As long as the bear market approaches crypto, we can hardly find any more promising coins or tokens than Bitcoin and some of the other top altcoins and for now we only believe in these coins as they have proven capable of giving us bigger returns when the market has recovered especially for long term holders, I personally don't really hope to become a millionaire because it is almost impossible to make it happen in the current market situation.
jr. member
Activity: 182
Merit: 4
July 06, 2022, 09:00:53 AM
#26

https://www.coingecko.com/en/coins/eos
If history repeats itself, then you need to wait a few more years and get a good profit. Great liquidity on the exchange, developed ecosystem. This is not financial advice, study the project yourself.
dapp stats are bad
https://dappradar.com/rankings/protocol/eos


I did also quite well with EOS in 2017. Bought a bunch for 0.5$ and sold around 8$. Missed another doubling but still a big score.

Still have a nice bag and have some hopes for the full launch of Bullish.com and Voice but it's a bit silent from their side to be honest...

Maybe it's because they want to avoid any further legislation issues.
legendary
Activity: 2548
Merit: 1009
Leading Crypto Sports Betting & Casino Platform
July 06, 2022, 08:55:51 AM
#25
at least you have to have large funds when investing to make millions of dollars, and even then if you are lucky. there is a lot that members do when they want to invest in an ico or altcoin project, everything goes through a selection process until the fundametal analysis is all done to get a decent profit and minimize losses. I personally have never earned millions of dollars.
sr. member
Activity: 1372
Merit: 268
Graphic & Motion Designer
July 06, 2022, 08:16:13 AM
#24
None, and I think there is a very little possibility that a single coin in crypto investment can make anyone $1 Million. My biggest gain was ETH, 4 years ago when the price reach $1,000 and I earn more than $2,000 only from ETH, that was my biggest profit from Crypto, after that I never make more than few hundreds bug from a single coin.
hero member
Activity: 2254
Merit: 658
Revolutionized copy gaming platform
July 06, 2022, 07:26:43 AM
#23
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.
legendary
Activity: 1792
Merit: 4368
July 06, 2022, 06:28:45 AM
#22

https://www.coingecko.com/en/coins/eos
If history repeats itself, then you need to wait a few more years and get a good profit. Great liquidity on the exchange, developed ecosystem. This is not financial advice, study the project yourself.
dapp stats are bad
https://dappradar.com/rankings/protocol/eos
hero member
Activity: 2590
Merit: 549
Rollbit
July 06, 2022, 05:39:38 AM
#21
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.
 

It's hard to make millions in altcoins. It's either you don't have enough capital to reach a million profit during pump, or you'll missed the dump and started buying shitcoins.
You could still make millions especially during this bear season though as everything in the market seems at it's lowest point right now. What you only need to have is a massive capital to pour in. Even with Bitcoin. Imagine a $20k buy and sell it at potentially $100k.
member
Activity: 889
Merit: 60
July 06, 2022, 05:14:59 AM
#20
Far from millionaire but i did get 100k or something like that with $500 by investing to microcaps that bounced mid level marketcap coins and tokens. I have lost most of that with the bear market but managed to spend a LOT of it to real life stuff. But most of those were ages ago and there wasn't this much tokens to choose from, so it was easier to pick the right one. Every single one of those coins that made me money is dead now.

If i would have just bought eth with my winnings and kept it i would be rich as hell but i believed bitcoin maximalists that eth is a scam.

Btw, HEX that you mentioned is a shitcoin.
hero member
Activity: 2254
Merit: 831
July 06, 2022, 03:59:08 AM
#19
Bitcoin if you can hold it. If you work for Bitcoin and accumulate from 2 to 5 Bitcoin, in next 10 to 20 years, you will become a millionaire.

For many people, altcoins are more attractive because they have higher bullish rates but to pick ones that can help your become millionaire with less capital than what you put in Bitcoin (2 - 5 Bitcoin), you must to have luck.

Risk is higher with altcoins. With Bitcoin, your wealth will be built gradually but you are safe.
legendary
Activity: 2268
Merit: 1655
To the Moon
July 06, 2022, 03:09:00 AM
#18
..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. ..

You have received 400% profit from your investment. Such a profit size is impossible to get in a traditional bank. And you should not be upset that you did not manage to sell the coin at the maximum price, because in practice, not many people succeed. In the current bear market, you will still have many opportunities to buy a coin at a low price and get a profit in the bull market.
jr. member
Activity: 840
Merit: 4
July 06, 2022, 01:09:32 AM
#17
Millionaire is a relative term and you have to specify if its a dollar millionaire or a local currency millionaire. If the former, then no. But if the later, yes. Made my first million years ago from a bounty Ixinium which was conducted by Arteezy who is unfortunately no more doing bounties. Quite a haul it was. Also made millions from other bounties. If the former, I have only made 5k USD from a bounty sale from Youcoin
hero member
Activity: 2184
Merit: 585
You own the pen
July 06, 2022, 12:48:05 AM
#16
There are some people who really became millionaires both from buying early coins and joining bounties from the year 2018 and below. Back then, there are few choices so you can actually land a real project and grow your investment a lot every month. Nowadays, they are only legends and only a few successful stories you heard from them about once a year because of the huge numbers of coins you need to research which one is real. That's why people nowadays are lazy to investigate and the result is always failing to choose the right project to invest their money with.
hero member
Activity: 2632
Merit: 833
July 06, 2022, 12:44:20 AM
#15
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

1. I think it was word or mouth, or something that I read in one social media or crypto related websites.
2. It's a P2E, so I was able to get in before it exploded last quarter of 2020.
3. NO I sold everything, I have made a good profit (not millions though), and so I'm right because it was still in the bull market or at least at the tail end that I sold.

Now, everything is in a bloodbath and even though the hype is still there, the price is going down hard now. Every coin is, so maybe I was just lucky to get out on time. For other, they might have been trap already.
Pages:
Jump to: