Is a million dollars possible?

[Burogh]

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?

If we want to make gain more than 10000% with top list market cap, I think its hard to make. But if we investing on altcoin, I am believe there is altcoin can do that. But to make that gain, we should invest on long term period and not just within months

[Wicked17]

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?

An early coin adaptor will have a chance to become millionaire if they just hold it for a long term. Like in ethereum, bitcoin and litecoin, if you just buy that coin at least 1000$ at an early stage which is only a few value years ago. There is no time span, just be patient in waiting for a coin value to pump to the moon

[Boybugwal760820]

Yes I really approve that million dollars is really possible if you also had enough capital to invest... as for example you can start investing in all of those low value crypto currencies out there in the Market which has a greater chance in surviving in the crypto world and increase its market value in a short period of time, so if ever you had bought a lot of these low value crypto currencies I'm sure you will be able to reach millions in a short span of time even if its market value will only reach .45 per crypto currency.

[sucix]

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?

If you can patiently wait for a very long years then you will absolutely become a millionaire like what others did back when bitcoin has been created

The income is not easy last time when bitcoin has low value and great time when the price hit all time high.
But now the price is very high, gain double is already difficul, so how gain more than 3x or more? Very difficult.

[hardalisas]

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?

It is impossible to get 10000% gain by simply holding top 20 coins.
You have to be very smart to sell at ATH and buy back now, again and again.
It is not easy to be honest.

[metribitcoin]

Yes but no body know the future of cryptocurrency and we can not predict accurate which cryptocurrency will growing next one like ETH and LTC. But by use free money to invest in it for long term is better way to try to make amillion dolar. Cryptocurrency market still young so there are any others chance to get amillion dollar to become milyuner.

[Alex ronaldo]

If you bought ETH and LTC 1 year ago and sold out when the highest price you became millionaire

[wirosableng]

very likely, if you look at the market with a good understanding and update the information of the coins you buy, you can make a big profit.

[Novgabby]

A million dollar is possible since nothing is impossible.
It will depend on your willingness to do a certain work and how you persevere in that.
You can earn that much when you want what you're doing and you know how this world works.
It is always not easy but you  have to make it work for your hard work to be worth it.

[Goldberg007]

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

[Ale88]

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?

It all depends on when you get in. To get 1mln now, with ETH or LTC, at these "cheap" prices, you still need to invest quite a lot of money. If you had do it last year well, you'd be almost there at this point.

[gabum19]

It would be possible to be a millionaire if you do the right thing. Hold other coins and trade/sale those you like to. Patience and hardworking to have million earning.

[MasterMoon]

A million dollar is possible since nothing is impossible.
It will depend on your willingness to do a certain work and how you persevere in that.
You can earn that much when you want what you're doing and you know how this world works.
It is always not easy but you  have to make it work for your hard work to be worth it.

Yes that is the spirit if you think million dollar is possible and you will make it that's gonna happen but if you will be negative and you think you cannot make it that's gonna happen too. It's all about mind setting and belief and it just a Law of Attraction so be positive always.

[scoobidoobydu]

Sure it is possible if you:
- Choose the right coin.
- Buy and sell at the right time

[cris17]

Everything is possible, and in crypto world it's more real then anywhere. But before you need to get good guidance by professionals in this field, then only it will become possible.

[Sanchos]

As predictions said, bitcoin achieve x10 every 2 years. Also we can see it from graphic. Acording this information bitcoin can cost 1 mln dollars in 2019 year.

[cryptonized]

In my opinion, it is better to make your own research and trust your guts.

The most of the privacy coins are undervalued right now.

The best opportunity is to find a privacy-related project with a low total supply (less than 100M), that way the price will be increasing much faster.

I recently found one project called Ethereum Meta, it is related to anonymity and untraceable transaction. They have a very interesting project to build the Anonymous E-Market Place.

They are on ICO stage right now and already on the exchanges, you can check their website: https://ethermeta.com/
Or even better go through their Bitcointalk thread: https://bitcointalk.org/index.php?topic=2659058.0

[rozenkreitzer]

If you want to become a millionaire then you need to do just two things - invest a fairly large amount, and you must invest this amount at the very beginning of the project development and then wait a very long time.

[ipbitrung01]

One million dollars may belong to you if you invest in Bitcoin. Buy the right ICO and depending on the market you decide to sell at that time. Profits will increase very high compared to the initial capital you have. If you wish, please continue to buy more ICO if you can. Immediately after you sell the sum of one million dollars is entirely yours and possibly more.

[puugiako0811]

Certainly not by investing in Bitcoin or any other well established currency. Even in the wildest fantasies of Bitcoin enthusiasts, there’s simply not enough money in the world for Bitcoins to be worth a thousand times what they are now.You could try going all in on some incredibly obscure cryptocurrency. If you got very lucky you could get 1000x returns, but it’s much, much more likely you’d lose everything.