I have been analyzing coinmarketcap.com and ICO statistics and found out that most coins averagely increase about 1000% within 3 years if they are still alive and trading. I am concluding Crypto currency can make us millionaire if we have patience and hold our penny tokens bought or acquired through bounties for about 3 to 4 years . What do you think of it , do you agree we can be millionaires with patience with crypto ?
Well, the very first thing you have to understand is that it is because those coins have average such high growth that they are on coinmarketcap. Coinmarketcap also is not very accurate! A lot of markets list a coin's starting price from the moment they begin trading or listing on exchanges, but they ignore the price of the tokens during ICO (yes, most of these coins were ICO coins). A LOT of ICO tokens cost people a lot of money, and the price that started on exchanges are much lower than what you needed to pay at ICO.
Another thing, you may be looking at fiat value. Very hard to find coins that grew also in satoshi value.
Coinmarketcap also does not list a lot of coins that failed. That is, abandoned, if you had them, no one would buy them from you even if the price is listed as such. So no, no such thing as guarantee rich.
