Is there any altcoin to be millionere by holding up to 5 years from now ?

[serjent05]

That is quite a hard question @OP.  No one is sure what the price of a certain altcoin is in the next 5 years but if you are so eager to invest, I can say try to look for an altcoin that has a low price, solid foundation, good community, and had been running for some time and yet been pumped hard.  You can try to look for a good altcoin that is less than $5 in price because the lower the price of an altcoin is the easier for its price to go up and the profit multiplier to ramp up.

.

[Shasha80]

Greetings to every lovely people out there, This is so hard to guess which altcoin will go like a rocket. I love to do trading but spot trading and holding is lot more difficult for me. Is there any coin in your mind guys ? Don’t forget to share your opinion and thank you for giving time.

If you like trading, at least you yourself have an idea which coins are good to buy and can generate big profits. Actually there are not many coins
that can be profitable if we hold in the long term, so far based on my experience in the crypto world. The safest and recommended for holding
for 5 years is definitely Bitcoin, I guarantee Bitcoin will not disappoint you. For altcoins maybe only ETH and BNB I can recommend, because so far
in my opinion only ETH and BNB are altcoins with the most stable performance, and can always recover quickly if the price falls. And must remember
in addition to choosing potential coins, if we really want a long term holding and make us millionaires, we must maintain our patience. Because
otherwise we will sell the coins we have before our target is reached.

[X-ray]

It's very hard to predict but this is my experience. I have participated in the ILO that launched by vulcan forged in the past and i was able to make at least 500K USD from almost 1 year holding. I have sold my assets when PYR got listed into the binance exchange site. Im buying back again right now waiting for the PYR to be listed into the coinbase and this may make it to reach another ATH again. I guess this is very profitable in long term when you do know which was the right token to be bought for the long term investment.
So many millionaires are also coming from holding binance coin for a few years.

[KennyR]

That is quite a hard question @OP.  No one is sure what the price of a certain altcoin is in the next 5 years but if you are so eager to invest, I can say try to look for an altcoin that has a low price, solid foundation, good community, and had been running for some time and yet been pumped hard.  You can try to look for a good altcoin that is less than $5 in price because the lower the price of an altcoin is the easier for its price to go up and the profit multiplier to ramp up.

.

Myself too had the same thought. Invest on a low priced altcoin that have got good volume and a team that is committed in development as per the growth happening with cryptomarket. When investing in such coins try to hold a good volume and see if it is in good rank. Though ranking isn't a big thing it also play role while getting added to Exchanges. Invest on coins that are listed on tier 2 exchanges. When this gets listed on tier 1 exchanges, surely we can experience a big price jump. So, plan wise and act accordingly. If luck is on your side you'll be a millionaire after or within the next five years.

[poodle63]

Impossible to predict which token that will be growing up in the next 5 years from now, any possibility can happen anytime. Some low cap tokens can make unexpected gain from the unexpected news just like when crypterium gets listed on the coinbase.
This is also adding more opportunity for use to think about that. In my opinion any team with solid product can make a great achievement for sure. I have been learning a lot from so many tokens and coins were getting listed on major exchange sites if the utility was the most important thing in the crypto.

[Pumox]

Very difficult to answer. No one knows it for sure.
But doing our own research will be able to help us to find one. But I can advise here finding a good project even an altcoin is already here for the long term but they are quality, even how expensive they are already now once the project is good, it will always have room to grow.
Less risk is going on high market caps coins, like Bitcoin or Ethereum.

Thank you so much for your answer and as your suggesting coins i guess bitcoin and ethereum is good one because i have seen many times  they recover so fast and also BNB but i really want to ask in the thread. Really many Mhanks for clearing my mind/doubts that i have.

[southerngentuk]

Greetings to every lovely people out there, This is so hard to guess which altcoin will go like a rocket. I love to do trading but spot trading and holding is lot more difficult for me. Is there any coin in your mind guys ? Don’t forget to share your opinion and thank you for giving time.

may or may not Participating in a market related to finance as well as technology depends on many factors, such as knowledge, money,... I have a positive view of the market according to my understanding, but not everyone thinks or approaches the same way. Building a specific strategy is always essential for any investment. In terms of profitability, I think the proposition is as accessible as BTC or ETH, but the things at the top of the market are things that I always recommend my friends hoard if they can, and over time we will benefit about the profits it brings.

[cabron]

Having small capital will make you wait more than 5 years.

Its hard to say if you'll be a millionaire in 5 years but somehow you will profit when you hold some in 5 years. If you have hundred to thousands of ETH or BNB, you might be when price spikes high. The 2 altcoins however is very expensive already and that means, you need huge amount of capital to also earn huge. This is very obvious.

Crypto market is hard to predict, the coins you think will not exist after a year suddenly listed on robinhood. Maybe buying billions of SHIB will make you millionaire after 5 years.

[Pumox]

Having small capital will make you wait more than 5 years.

Its hard to say if you'll be a millionaire in 5 years but somehow you will profit when you hold some in 5 years. If you have hundred to thousands of ETH or BNB, you might be when price spikes high. The 2 altcoins however is very expensive already and that means, you need huge amount of capital to also earn huge. This is very obvious.

Crypto market is hard to predict, the coins you think will not exist after a year suddenly listed on robinhood. Maybe buying billions of SHIB will make you millionaire after 5 years.

Yeah i think you are correct. I missed the Shib but i have noticed shib and even participating in wallstreetbet voting. They posted a new coins where we have to vote and shib is one of them. I regret now that i am not buying shib that time. Now many peoples who invested even 1000 to 10000 dollars are millionere now.

[abyan@83]

Greetings to every lovely people out there, This is so hard to guess which altcoin will go like a rocket. I love to do trading but spot trading and holding is lot more difficult for me. Is there any coin in your mind guys ? Don’t forget to share your opinion and thank you for giving time.

I can't answer that for sure, the coins I think of when people ask me what is a good buy I just say bitcoin and ethereum are the best choices. I don't want them to take the risk because of my advice, but bitcoin and etehreum are the main cryptocurrencies, those who want to invest at least hold bitcoin if it goes up they will be happy, so is ethereum which is the biggest source of smart contracts in the blockchain world I think they are almost equal, has a good history before.

[Crypt0Gore]

People do hold alts and end up losing money or making the biggest money of their lives, you need to man up and make a choice, don't buy coins and hold because people tell you to, in the end you will sell before another bull market gets here, this is a decision that only you can make.

[Pumox]

People do hold alts and end up losing money or making the biggest money of their lives, you need to man up and make a choice, don't buy coins and hold because people tell you to, in the end you will sell before another bull market gets here, this is a decision that only you can make.

Ok i got it. That means holding alt for long time is not the solution to be rich i guess. Crypto always follow the trends right ? So we can invest by looking the market conditions ? I think no altcoin last for 5-10 years right ? Thanks for your time, can you clear this please.

[Pumox]

That is quite a hard question @OP.  No one is sure what the price of a certain altcoin is in the next 5 years but if you are so eager to invest, I can say try to look for an altcoin that has a low price, solid foundation, good community, and had been running for some time and yet been pumped hard.  You can try to look for a good altcoin that is less than $5 in price because the lower the price of an altcoin is the easier for its price to go up and the profit multiplier to ramp up.

.

Ok got it thanks but many people are investing in shitcoin/memecoin is that the correct descision ? And can we invest in the coin that has low marketcap? Or what is the main and most priority that we should focus before buying a coin ? I mean the most priority we should focus ? Any idea please regarding this. Please

[serjent05]

Ok got it thanks but many people are investing in shitcoin/memecoin is that the correct descision ?

I wouldn't say it isn't a correct decision if they get a huge profit from it.  Probably these people are into short-term investments where they can get higher profit from these kinds of altcoin.  This kind of investment is very risky but if you timed it right, You can get 1000x+ profit in a very short timer or you end up bag holding worthless token if you messed up on the timing.

And can we invest in the coin that has low marketcap?

This might give you an answer.

Small-cap companies are typically those with a market value of $300 million to $2 billion. Generally, these are young companies that serve niche markets or emerging industries. Small caps are considered the most aggressive and risky of the 3 categories. The relatively limited resources of small companies can potentially make them more susceptible to a business or economic downturn. They may also be vulnerable to the intense competition and uncertainties characteristic of untried, burgeoning markets. On the other hand, small-cap stocks may offer significant growth potential to long-term investors who can tolerate volatile stock price swings in the short term.

This is one of the reasons why I stated that it is good to invest in a project that has a solid foundation and good community so even if they are a low market cap, there is a better possibility that it will grow due to the community support and solid foundation.

Or what is the main and most priority that we should focus before buying a coin ? I mean the most priority we should focus ? Any idea please regarding this. Please

I think you should focus on your goal.   From that, you can evaluate how much money you wanted to invest, what altcoin you will buy, and the length of holding until you sell your coins.

For example, in the current situation, if you are aiming for a 1 million dollar profit in 5 years but you are only investing $1000  then I think you won't get your planned result if you invest them on ETH or BTC since I don't think you can get 100000% return just by holding them in 5 years.

[Nipesh]

Its will be very hard to answer this question, nobody knows the actual gem coin.
You have to simply Research your own to find the quality altcoin. I think it also depend upon the luck of the person. 

[LastKiss]

Greetings to every lovely people out there, This is so hard to guess which altcoin will go like a rocket. I love to do trading but spot trading and holding is lot more difficult for me. Is there any coin in your mind guys ? Don’t forget to share your opinion and thank you for giving time.

5 years? Well it's really hard even if it's only an opinion because there's a lot of big chance that the project won't last until 5 years, I saw many altcoins projects that didn't last for 5 years and some of them get a rebrand. If you're willing to invest that long then just go to coinmarketcap and pick the top 10 altcoins or just go for Bitcoin. Don't ever let your hope will become your boomerang when you're not millionaire 5 years from now.

[YuleDoris]

 Sports fans will discover new earning opportunities thanks to Fanfury. The platform creates a multifaceted sports ecosystem. This dark horse will yet prove itself.

[mont_peace]

The secure "Panda Tunnel" ensures that only the intended recipient can read your content, so you can relax knowing your privacy is guaranteed. This is a big plus for PunkPanda.

[maydna]

Greetings to every lovely people out there, This is so hard to guess which altcoin will go like a rocket. I love to do trading but spot trading and holding is lot more difficult for me. Is there any coin in your mind guys ? Don’t forget to share your opinion and thank you for giving time.

It will be very difficult to get altcoins that will rise very high in the future because with a large number of altcoins in the market, it will take more time to analyze one by one. But maybe you can try to analyze through the list of top 100-200 coins on the market and keep the list of coins on paper for further analysis. Maybe you can find some altcoins that have greater potential than other coins. I have not been able to find what coins will rise higher, but I chose coins that already have a history of rising before, and now the coins are in a very low price position.

[LogitechMouse]

Depends on these 2 things:
1. Amount of money you will invest
2. What coin will you buy and hold for the next 5 years.

If you will buy low market cap coins, it is quicker to be a millionaire thru it but it will be quicker for you to lose money as well and if you will hold higher market cap coins, it will be slower to be a millionaire or you might not be a millionaire depending on the money you invested with.

If you bought 361 ETH @ $170.45 last April 18, 2020, that would've cost you $64,619. Now if you held it until now, your 361 ETH now costs $1,062,784. Maybe timing affects your profitability as well. Point here is it depends on the coin/s you will buy and how much money you are willing to invest.