Is a million dollars possible?

[mbangsar04]

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 on Altcoin Top20, it will take at least five years. But if you are willing to go on a coin with a higher risk, like a coin with marketcap in the $ 100M range, if you find the right coin, chances are you will get faster what you want.

[linhna2712]

I think it might be possible. But you would need to be Chosse best currency .If you find a coin that has high potential in gaining value, with the newfound popularity and crypto currency’s it really make huge profit.

[isaevArb]

How would you like to get $1 million with coin from top 10 without pump in 6 months? You should understand that this will take much higher timeframes, or another coins.
Take a look on verge. It was not in top, but those who invested some thousands in it in 2017 become millionares in the end of the year

[Sithara007]

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?

Crypto is almost 10 years old now. If you had invested in the beginning (may be in 2011 or 2012), then it might have been possible to convert $10,000 to $1,000,000. But now, it is going to be difficult.

[ordeath]

 it seems possible only if you would be happy buying bitcoin by $0.3 and sell it by $20,000, but what about the other ways to acomplish that, I dont know those

[arde13]

There are many coins which can give us a huge profit in future but we need to learn about those coins first do proper research about that coin before buying it. If you would have bought Ethereum or Litecoin you would have earned million dollars but they are already increased in price. So it's better to find some other coin with low price and hold them and I am sure you will earn good profit from them in future but you need to hold them for a long term.

[drogba773]

Of course its possible, but need a very long time to reach it. maybe 2 or 3 years.

[APICEMTECH]

It is very much possible if you can find the next ETH. Imagine investing in eth or neo when it was below 5$, investing 10000 in them would have made you a millionaire today. So go out and try to find the next hidden gem, and do not sell it cheap!

[Aloni]

Some of the coins that has high potential in gaining value and popularity, it won’t be surprising to me  for such a coin to reach a million dollar.

[headache1327]

It is good to promote great ideas, it gives meaning to someones life. But also, in this material world, it is nice to earn some additional income. And that is the beauty of crypto world, great ideas are bringing you great money, most of the time.

[MrKubemm]

I think it is possible but it will take a lot of money and  long period of time to reach it. You need to wait for a long time and read the related news the rebalance the holding of them.

[makakadu]

In 2017 year i believed, in early 2018 too, now i don't believe it. Need a lot of luck and big investments. Now it is unlikely that something will grow like bitcoin or ethereum, times have changed, in 2017 the probability was much greater.

[HatakeKakashi]

Million dollars is very possible to happen because we know many people who are already know bitcoin and altcoins last few years ago are now millionaire because they invested to crypto when the price is very cheap.
Until now I believe they have chance to become a millionaire but you need high capital to start and not only few months to take because for sure it will takes few years .

[saycryptohello]

Now it's becoming harder and harder to become a millionaire with the help of crypto currency, I think it's not worth waiting for miracles here

[tng811]

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 do not think it is feasible if you buy established coins like ETH, or LTC because those coins have high values already and they cannot gain 100x increase in price. That is almost impossible. The easier way is to invest in new altcoin.

[Duane Taylor]

I suppose that you can get a million dollars in the next one year with the way you survive by doing trading on the market. Especially next month, cheap price is your chance to buy more Bitcoin, and with the selling price will be higher for you get a lot of Bitcoin, all this will become a reality.

[Psalmy2cute]

A lot of good words were said. How I feel about the topic - it is just a waste of time if crypto and blockchain are just $$$ for me. I understood that I really feel happy when I am participating in some really good projects that could really make our future better and cyberpunk world will not so bad as scifi had shown

[sjbi]

I think it would be possible only with big investment. For example if you buy some 200 ethereum for more than $100000, you may earn $100000 in short term as it is not difficult for the coin to hit $1000 per coin when the market gets slightly correction. But with small investment you need to have hodl good coins for maybe next five years.

[SuperP]

I think this is real, but now I can not imagine it, I invest for a long time in the main coins and at the moment I have enough 

[Nolimitz84]

The possibilities of man are endless.With a strong desire, you can certainly earn $ 1 000 000.The main thing in this case is improvisation.I believe that ethereum will show significant growth.