Is a million dollars possible?

[jimimcome907620]

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 it is a little hard for us to do that. The price of them is a little low and it will be a long time for them to be high again.

[StephenieDuong]

I see many people get a million dollars from just few hundred-less than 50k dollars. But the way to their succee required really long time, patient and lots of research. So it is possible to get a fortune but you have to work have to find some gems and forget it. 

[cryptokudi]

If you buy a certain number of tokens at the beginning of their journey, which will be claimed and will grow in price. I think many have already taken advantage of such a fluke. It is now quite difficult to earn large sums on known coins, not counting bitcoin. Very good profits are given by small unknown, recently released tokens. If you correctly determine their prospects, this can bring a good result.

[tinyteapot]

Anyway, I feel one year is a just not long enough for you to hold and achieve such huge. Unless if it's not just bitcoin, you have the money other than your $10 to invest in laudable Alts like Ether and probably Lite with no elude to Monero, I feel it is possible achieve your targeted desire of a million profit.

[royale143]

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 possible only need full time work and make some trust in Buy/selling with experiences.

try with small about 1k of eth and ltc after 1 year check how much you gain

I agree. I have come to learn that every thing and anything in this market has a possibility of happening if the needed factors would actually converge and be able to support one coin to exponentially rise up. That's the path Bitcoin took given its pioneer status as the first coin to have made it big in the global market; its popularity and its price point really made a difference to many because it commanded great support from a lot of people that propelled the market to where it is now.

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[mrdelacrua]

It's possible I'm wrong about this, but this may be one of the most critical times for minting the next round of millionaires out of this market. The J-curve investors who do things right will be sitting pretty within the next 2-4 years, but they will have to be exceedingly patient, carefully look beyond the hype, do their research, remain unemotional, and dollar-cost average.

[PaPog]

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?

of course it's possible, everything can happen in cryptospace, even my friend can do that, now it's our turn to become a millionaire too, let's work hard and keep support in cryptocurrencies, let's pray that there will be no bad issues around about crytpo.

[odranoel]

Million dollars is very possible in bitcoin, yes it is. Holding it for a long term and can be million dollars to be. Like if you were buying and holding it for a long term also it reaches million dollars sooner or later. Everything is possible and everything makes possible to a hardwork and dedication.

[rudyconsl15]

it may be, it all depends on your luck, if you buy a lot of coins now at a fairly low price because the market conditions are red and you hold it a year or two years I think it will make you a millionaire.

[drofroLinden]

It's possible that only with the capital to hold the coins you buy can benefit up to 10000%, but you need to be patient because it will take a very long time.

So my suggestion is better you trade and move from the coins that Roughly no potential, switch to coins that have a good future.

[kololo]

Possible, if you bought ethereum 1 year ago with 10k usd. Now you would have 600k USD. Very close to become a millioneire.

If you bought litecoin 1 year ago with 10k usd, you would already have 1 millione usd in your pocket

[HighlanderMonk]

Of course, it's possible. You just have to work 24/7 to become an expert in the specific field in crypto whether it's trading/mining/bounty.

[Crypto_lion]

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?

The likelihood of it happening is definitely there even though the amount of amount it will take you to get there might have increased .But if you pick the right time to enter I think you will be there in about 5 years

[Balab01]

Everything is possible if you want to! I think that with the right investments and a permanent work, you can earn such money...

[Omnopon)]

I think to earn such big money it was necessary to invest in Bitcoin when it only gained popularity. So did the Bloomberg brothers.

[angelica laura]

I think nothing is impossible. To reach millions of dollars we need effort and hard work. We should not be pessimistic but need to be optimistic that the price will reach millions of dollars. Patience is very important for a pleasure. Keep an eye on the progress of the price, you'll know where you're going to stop, and when you move on.

[MasterMoon]

Of course, it's possible. You just have to work 24/7 to become an expert in the specific field in crypto whether it's trading/mining/bounty.

Well you have a point but don't get 24/7 maybe they will earn million but they will also get sick. Just do your own search very well guys in trading, mining, and bounty if you can also in participating in ICOs. Search as much as you can ask other people opinions then after that conclude if the thing you've search really worth money for your investment. Just be patient and overcome your greed and everything will be on your odds. Goodluck.

[Galahad111]

Million dollars is very possible in , yes it is. Holding it for a long term and can be million dollars to be. Like if you were buying and holding it for a long term also it reaches million dollars sooner or later. Everything is possible and everything makes possible to a hardwork and dedication.

Not now but If you bought huge years ago then its possible. But for now i think its rarely possible. The prices are already high so without trading you must put in a whole lot of money to get future gains of a million dollars. Most of the people trade in order for their coins to grow. That's not so hard really. And its easier to get to your target if you work for it. None becomes successful by just sitting on the chair waiting for a miracle.

[GeniusAko]

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?

Yes it is possible! We can earn millions of dollars through working hard and working smart. We should use our knowledge and skills in order to make money. We should also find a way where we can improve our knowledge for us to make more money.