Is a million dollars possible?

[DevilSlayer]

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! There are now a lot of people who are became millionaire because of bitcoins. We can also become millionaire if we will work hard and work smart. We should improve our skills and knowledgr for us to make more money.

[lunaelucemauram]

The answer to your question lies in your patience on how long it will take for you to gain 1 million USD. How caln are you in whatever the statu the market currently has. And how disciplined are you to HODL your investments in time of need. These is the factors that would determine if you could get your 1 million USD it might take you a decade or two to get this.

[otto2012]

Of course this is possible, but I think that the coins from the top 20 will not give such a profit. It is necessary to search for new projects at the early stage of development.

[GhostWithin]

Of course this is possible, but I think that the coins from the top 20 will not give such a profit. It is necessary to search for new projects at the early stage of development.

But not at the development stage, it's better to buy coins when it's just listed on exchange. Less time to wait, risk is lower

[gabrielehuang]

In this crazy world of cryptocurrency, anything can happen, the only question is "when?". So for me, it is not impossible, though it won't be that easy. It may take years and years to reach that high price, but we are all hoping that it happens. We just have to keep on holding and see what happens in the future.

[Mr.Gun]

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'm not sure if with bitcoin we can get a million dollars, but I'm also a bit sure because bitcoin has a high currency value and with bitcoin, we can invest in the long term to get the maximum profit

[blazingshockwave]

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 buy 10k with a stable coin today it is hard to get 1Million because the price is already high and it is already hard to pump. It is only possible if you wait for around 10-20 years from now. The only choice you have is to find a good coin that could become Ethereum and Litecoin.

[yomikiyao]

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 buy 10k with a stable coin today it is hard to get 1Million because the price is already high and it is already hard to pump. It is only possible if you wait for around 10-20 years from now. The only choice you have is to find a good coin that could become Ethereum and Litecoin.

Yes, it takes a long time to achieve it. After all, the potential tokens are now more expensive, and the other coins must take years to prove it.

[pstraene]

Million dollar is possible, for the same to be achieved user needs to have patience to keep hold even when the market fluctuates when you have fixed a target and stick to it. Particularly investing on ico's could get you such a big profiting than investing on high price coins.maybe SONM and UNIVERSA will make millionaires. But only if you're lucky

[badjoke]

i really dont think so , who will buy bitcoin at this stupid price , ofcourse no one .

[Britainacoin]

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 and also in many case has some risks. you must study about coins and talk with some experts to buy this coins. for example about ETH there were only some people that they have good reasons to advise you for buying. if you have not access to experts you must increase your study and also your experiences.

[Crazygreek]

I think that price would be low in the end, bitcoin should be used by everyone but nowadays only rich guys can use it unfortunatly. Million dollar is too much honestly.

[Walter789]

I think it is possible to get million dollars in crypto, it is base on your study on how to create a million dollar through investment or trading cryptocurrency. There are more people who had became millionaire by trading and investing usually they buy some coins with a lower value and they hold it for a long time of period. Sometimes they hold their cryptos for a months or even a years because they believe it will increase the price someday. Patience is the best key to reach your goals and to become millionaire.

[Patron92]

This is possible only if you invest a coin at the very beginning of its development and certainly know that after some time it will very grow up. Rather, we need the gift of a vision of the future to do so.

[namtran694]

It is indeed possible, but sadly Bitcoin still needs to fix its issues with scaling. Only with this will investors become confident in Bitcoin again. News of Bitcoin being regulated doesn't concern me a lot since Bitcoin can still function and will be difficult to manipulate eitherway.

[furfurol]

Unfortunately, it seems to me that we will not see more such growth , so that people almost from scratch earned a million of this will not be

If you look at the current market situation, which is bleeding profusely, then yes. It's hard to see that your investments can make you a millionaire. But if you look at the past, you can find a rule that the market has a property to recover after a fall. I hope by the end of this year your opinion will change

[KolinBitcoin]

I think, it is very likely much possible depending on the flow of crypto users. We can never say how long it would take but definitely it would reach whatever amount it is that you want. Of course the quality of the coin you are holding affects the time frame greatly so I guess risking in some coins which are very volatile can be put in consideration...

[gasdhzb76]

If you are asking now in our generation, That is not possible. 1 million dollars is a very large amount of money actually, or it could be possible if 4 years ago you buy a huge amount of bitcoin, Ethereum, and Waves.

[dvmd]

I think that is also a good way to save money for the future. With growth speed now, you can choose big coins such as Bitcoin, Litecoin, Ripple, Monero,... to invest. I'm sure after at least 3 years, you will get big profit.

[adam1230]

My target is to hit 4 million dollars by the end of this year thanks to #HBZ Helbiz Token for achieving this target.
#HBZ to the moon and will make me millionaire for sure. Its going to hit at least 2$ in a month and 10$ end of the year.