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Author Topic: Is a million dollars possible?  (Read 5490 times)
queennathalia
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May 18, 2018, 01:32:40 AM
 #861

Possible, if you bought ethereum 1 year ago with your 10k usd. Now you would have 600k USD. Very close to become a millioneire  Cheesy
If you bought litecoin 1 year ago with 10k usd, you would already have 1 millione usd in your pocket  Wink

You're right on LTC, ETH. So if since last year that he bought that 2 coins, I think he is millionaire now and he is celebrating his life 3x a month. But now, It is very hard to get millions on 1 coins/tokens only because a lot of new token from ICO attracted the new investors. So for me it is hard to get million now. Maybe if we bought last year and still holding until now.
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georgevesta
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May 18, 2018, 01:07:39 PM
 #862

All things possible in amazing world of crypto. But better way is to research market and invest on presales in such project like ICON and not wait, when LTC or ETH price will rise huge.
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May 18, 2018, 01:22:14 PM
 #863

I think it is not impossible. That catching incredible profits with cryptocurrencies. If you look at the price charts, you can clearly see that, the past is full of unbelievable profit opportunities which are not exist now.
thanhhien1112003
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May 19, 2018, 02:20:04 AM
 #864

Everything is possible in crypto. I think that thanks to crypto over the past year, the number of millionaires in the world has significantly increased. I hope that I will someday be among them.
saytea9320
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May 19, 2018, 04:59:04 AM
 #865

It's definetely possible, it depends how much you bought and how much you waited. Many coins have offered that possibility. You had just to have bought them at early times. With 500-1000 dollars 1 millions has become reality for many.
joanamaybe
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May 19, 2018, 09:47:41 AM
 #866

It is possible before if you invest at least 120BTC in the past Feb 2011 because the rate of 1BTC is 1$ and the rate now is 1BTC = 8,600$. I think it still possible but it takes time and lots of efforts. So be patient until the time comes.
Akselrod
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May 19, 2018, 09:52:54 AM
 #867

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?

I think you should be very lucky to earn so much. If you bought litecoin 3-4 years ago for 10k, now you would have had 30k, think for yourself Smiley Definitely it is necessary to do a rebalance of your portfolio after some time. It will be much more profitable than just holding
boserobot
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May 19, 2018, 09:54:16 AM
 #868

Absolutely yes. We have just started. Think long term. This is just begging. The World is changing.
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May 19, 2018, 09:55:42 AM
 #869

If you hold your coins for almost a year ago or even more years, I think million dollars would be possible but it depends also on how much you keep on your wallet.

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babsjoe
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May 19, 2018, 09:59:16 AM
 #870

The coin that might be possible with this kind of speculation would be a coin that has a very good fundermentals and has agood community. Such coin would also have utility that is very useable in real world uses!
Nakasoshi
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May 19, 2018, 10:02:31 AM
 #871

so i think its definetly possible to reach the million dollars if you keepon holding your coins. But you have to take n mind in order to make the price raise there needs to be way more demand

aspalela
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May 19, 2018, 10:04:59 AM
 #872

it's not that easy to reach such a high price. It may all be time-consuming enough even in the next 5 years is not necessarily sure to reach such a high price, because no one can know how the future bitcoin price may be 100x in the future akn higher ,, but if emang can but a bit so long and takes time and process, choosing a good coach is very important for us when investing, At least half or more should be the top coin for now ...
criptoman83
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May 19, 2018, 10:26:30 AM
 #873

Becoming a millionaire in crypto area isn't so difficult if you have a deep understanding of the market and blockchain technologies. My teacher predicted me growth ethereum, but I bought too little. Actually we had a lot of opportunities , last  fall  tron was increased 10 times, litecoin has increased more than 100 times, cappacity has increased 20 times for just one  month.

MonsterBlazer
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May 19, 2018, 10:54:34 AM
 #874

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?
I think a 100-time increase can happen to coins with less supply.
booboom465
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May 19, 2018, 03:11:02 PM
 #875

According to the others, who're I guess a veteran in the field of crypto world it is possible to have a million of dollars. Which I wish I could also earn the same as they do. It takes courage, effort, and time to earn a million of dollar.
salamloloh
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May 19, 2018, 03:23:33 PM
 #876

of course all can happen and can reach a million dollars without trading or just keep a coin in the wallet like contuh if you buy bitcoin in 2009 - 2013 then you will benefit now but if you are just starting now maybe you should hold for 4-5 more years to reach millions of dollars
JRACPJRL
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May 19, 2018, 03:27:06 PM
 #877

A coin takes over a year to grow well. Only one out of every odd virtual cash can develop in a brief span; a few coins have been in the market for quite a while yet at the same time hard to make. The higher the rankings, however adjacent to the pennies that simply hold up over two months have accomplished high benefits yet that ought to have the fortunes of speculators
novy
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May 19, 2018, 03:43:25 PM
 #878

Yes, it is possible. Let's do a quick research. For example, we can talk about aeternity project. Refering to the icostats.com resource aeternity ico price was 0.04$ 04.2017. So, it is a ear ago only. Look now at the price - 3.8$. doing simple calculation 1 000 000 / 3.8 = 263 157 tokens is needed to have a million right now. Now let's see how much this amount was worst a year ago: 263 157 * 0.04 = 10526 $. So, keeping 10k$ a year in tokens makes you millionaire.

pstraene
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May 19, 2018, 03:45:23 PM
 #879

of course !! If you invest $700000 you will get $1.000.000. with a little luck and a good token that is possible. good luck. Grin
trudovik
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May 19, 2018, 03:49:18 PM
 #880

I think that in crypto-currencies it is possible to absolutely everything and a million including, because today it seems to me that many projects simply can not be realized otherwise, and as many projects are now very carefully worked out for pumping money
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