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Author Topic: Which coin made you a millionaire?  (Read 1662 times)
LogitechMouse
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July 07, 2022, 07:58:35 AM
 #41

Well, just another way of advertising HEX coin to the forum.
Anyway, HEX is a shitcoin and it has been promoted many times here already in the past. You made profit from it? Congratulations Smiley. Profit is profit whatever it is.

As for me, I'm not expecting myself to be a millionaire for a short amount of time. I'm slowly accumulating until I reach the point that all of my assets will reach a million whether it is from crypto or from stock market. Right now, I'm far from it and my profits got disappeared because of what happened in the market as well. Early adopters, holders and professional traders are the ones who are millionaires right now Cheesy

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July 07, 2022, 08:28:29 AM
 #42

Lost profits are indeed a killer. It overshadows all profit you made. Worst thing is you almost never sell at the top.

If you make a million you will probably depressed you didn't make 10 million. Human nature Smiley

But often the opposite situation happens, which is much worse than the one when we do not sell the coin at the maximum price. This is exactly the situation when we are trying to hold a coin, but in the end we do not sell it at all and then we observe how its price is constantly decreasing. And this is the situation now found most traders who thought that the bull market would last forever.

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July 07, 2022, 09:40:29 AM
 #43

But often the opposite situation happens, which is much worse than the one when we do not sell the coin at the maximum price. This is exactly the situation when we are trying to hold a coin, but in the end we do not sell it at all and then we observe how its price is constantly decreasing. And this is the situation now found most traders who thought that the bull market would last forever.
Ultimately, if the bear market continues for a very long time, it will be very difficult psychologically to hold the coins and then selling at the bottom may follow. Therefore, don't need to be greedy, you need to set realistic goals and always fix profits. After the bear market, not all altcoins can return to their ATH, some can remain at the bottom, so this may be an additional unnecessary risk.

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July 07, 2022, 09:59:35 AM
 #44

Lost profits are indeed a killer. It overshadows all profit you made. Worst thing is you almost never sell at the top.

If you make a million you will probably depressed you didn't make 10 million. Human nature Smiley

But often the opposite situation happens, which is much worse than the one when we do not sell the coin at the maximum price. This is exactly the situation when we are trying to hold a coin, but in the end we do not sell it at all and then we observe how its price is constantly decreasing. And this is the situation now found most traders who thought that the bull market would last forever.

For some reason that never happens to me .

Probably it depends on the type of person. Outcome is the same, you feel kinda depressed Smiley

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July 07, 2022, 10:05:49 AM
 #45

Does being a millionaire in satoshis count?  Grin

If that is so then many from the forum are already millionaire in terms of satoshis.  Tongue

I found HEX by watching a youtube channel and I believe in HEX because Richard Heart seems like a smart dude. I sold because I was dumb back then.
 
Well, it's the opposite from what I've read about the project and this guy. You choose wisely what you're going to invest and bet for your future with what you're about to buy.

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July 07, 2022, 10:19:17 AM
 #46

I doubt there are any millionaires on this forum right now. I believe crypto millionaires dont spend time posting on bitcointalk. Vitalik Buterin has an account here, but I think it is abandoned by him. On the other hand, I dont think that millionaires will share any info about their wealth here, because this might be dangerous.

I used to hold NOIA tokens when their price was less than one cent. Selling them at ATH wont make me a millionaire, but it definitely gonna improve my life. I used to hold some bounty tokens and sold the early, but that would only bring me thousands instead of hundreds.
The chances are, if you're a millionaire you won't take the time to post here or in any other forum, I think we'll have a lot of work to do.
Those of you who are longtime investors, I'm sure everyone has missed some chance to become a crypto millionaire.

I used to hold a lot of Raiblock tokens, I don't know if it still exists. At that time I earned raiblock tokens from the airdrop and sold them for only a few thousand dollars, and 2 months later it has increased more than a few thousand times because it was mentioned by Charlie Lee.

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July 07, 2022, 10:36:10 AM
 #47

Well most of us here definitely are not millionaires yet but I made some good profits from BNB. Bought back in 2021 when the price was about $40 and took it to $600 plus I held my BNB stash in the Binance vault and was also getting some extra coins too  Smiley those were glorious days.
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July 07, 2022, 10:50:14 AM
 #48

Well, just another way of advertising HEX coin to the forum.
Anyway, HEX is a shitcoin and it has been promoted many times here already in the past. You made profit from it? Congratulations Smiley. Profit is profit whatever it is.

As for me, I'm not expecting myself to be a millionaire for a short amount of time. I'm slowly accumulating until I reach the point that all of my assets will reach a million whether it is from crypto or from stock market. Right now, I'm far from it and my profits got disappeared because of what happened in the market as well. Early adopters, holders and professional traders are the ones who are millionaires right now Cheesy

I think people who manage to make profit from shitcoins can be said to be lucky, because it is very difficult to determine which shitcoins will be profitable.
Due to the fact that most of the shitcoins end up being scams, so instead of taking the risk of buying shitcoins and hoping to make a big profit, it's better
to invest in top coins that are proven to be safer.

Although top coins are not like shitcoins which can generate profits in a short time, but we can also generate large profits from top coins, but it must take
a long time. Because the best way to make a profit from top coins is by holding the coins in the long term. By doing this, not only do we have the chance
to make big profits, but we can also become millionaires. It depends on what top coins we choose and also how long we can hold top coins.

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July 07, 2022, 11:15:02 AM
 #49

I cannot forget the day I bought Ecash coin back then in etherdelta, wow it was so awesome, those was when ebtc exrp and all e coins where trending, I could not believe it because the pump was so huge. I missed those days when people just blindly fomo into coin and increase the pump non stop, I guess it pumped for up to two to three weeks luckily for me I was among the diamonds hand

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July 07, 2022, 11:16:06 AM
 #50

It'd be interesting to know how people find and analyse good long term projects that made insane profits. Can you list:

1. How you found the coin
2. Why you believed in the project
3. Why are you still holding or why you sold

I am not a millonaire yet but I bought HEX at $.05 about a year ago and sold at $.20. I thought a made a nice profit but HEX did another 2.5x.

I found HEX by watching a youtube channel and I believe in HEX because Richard Heart seems like a smart dude. I sold because I was dumb back then.
 

Unfortunately, I am still far from such large incomes and I have not yet been lucky enough to earn my first million. As for the choice of cryptocurrencies for earning, I mainly pay attention to new promising crypto platforms and their assets. Of course, I have nothing to brag about, but there were several cryptocurrencies that brought me income of several thousand dollars. One of them is still working and developing is the Tycoon platform and its TYC token. I also want to note that I was able to receive income at the very moment when the platform and its token entered the market. Apparently this is the most favorable period for each crypto platform and its crypto asset.
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July 07, 2022, 11:20:13 AM
 #51

Well most of us here definitely are not millionaires yet but I made some good profits from BNB. Bought back in 2021 when the price was about $40 and took it to $600 plus I held my BNB stash in the Binance vault and was also getting some extra coins too  Smiley those were glorious days.

Means it's a big luck for you when you get all of it.
Then what will you do in the future, will you continue to embrace BNB and maintain it until the price becomes $ 1000.?
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July 07, 2022, 12:21:50 PM
 #52

I don’t want to name some specific number of token though, but I think they have made me a millionaire in Philippine peso that time even if it was in a bear market trend (well, I am talking about 2018). It was the reason why I have traveled more often for 2 freaking years in both local and international before the COVID-19 pandemic began.

Right now, it’s just hard to make millions in crypto unless you are so lucky that one of the coins or tokens you’ve bought has made 100,000x or something like that.
In my country, if you want to be a millionaire in our local fiat, it is like just a bit over ten thousand dollars I believe, maybe like 50k? Probably not even as much, don't know the math to be fair but it is definitely much easier. This is why I can easily say that if you move around and find the nations where you could live a lot better, for cheaper then you will be doing fine.

But, when it comes to stuff you need from other nations, that's the trouble. Like yeah you can get meat, pay bills, get a fish, get blanket, buy a couch whatever all for local purchasing power levels. But when you want PS5 or the new iphone? That's going to cost a lot.

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July 07, 2022, 12:32:18 PM
 #53

It'd be interesting to know how people find and analyse good long term projects that made insane profits. Can you list:

1. How you found the coin
2. Why you believed in the project
3. Why are you still holding or why you sold

I am not a millonaire yet but I bought HEX at $.05 about a year ago and sold at $.20. I thought a made a nice profit but HEX did another 2.5x.

I found HEX by watching a youtube channel and I believe in HEX because Richard Heart seems like a smart dude. I sold because I was dumb back then.
 
I am not still Millionaire. But I missed many opportunities that were enough to make me a millionaire. If we talk about Hex.  I had 400,000 HEX tokens which I sold for only $400. If we talk about Doge Coin. I had 2 million Doge Coins which I sold for only $18,000. If we talk about TWT. I had 200,000 TWT tokens which I sold for only $280.  Each of these was a huge opportunity for me to become a millionaire.  But I missed every opportunity.
In your case, although you did not become a millionaire, at least you earned something. In the case of Doge Coin, you made very good money. I never had any of this coins you listed, and those that were, in a small amount, could not return to their previous indicators. The only thing that made a profit was bnb, which I bought 4-5 pieces out of curiosity for about $25 at the time.

I don’t want to talk about ICO at all, because the coins I invested in several projects turned out to be garbage. So, I only had a negative experience.

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July 07, 2022, 01:39:19 PM
 #54

I think there are many coins that can make you a millionaire, but coins that have good potential are bitcoin, binance and ethereum, because these coins have very high fundamentals and integrity, so the demand is always high in the crypto market, especially when the market is bearish  still surviving of course now is the right time to start investing with this coin because the price has fallen very significantly, I am very optimistic that if the crypto market has recovered then this coin will be very fast to go back up.

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July 07, 2022, 01:53:51 PM
 #55

Well most of us here definitely are not millionaires yet but I made some good profits from BNB. Bought back in 2021 when the price was about $40 and took it to $600 plus I held my BNB stash in the Binance vault and was also getting some extra coins too  Smiley those were glorious days.
Congratulations, you have already benefited greatly from BNB. And what you don't mean by millionaires are new people who may be late to the market so they don't get some profit by the time the Bullrun occurs or when all the coins are on ATH as was the case last year.

Means it's a big luck for you when you get all of it.
Then what will you do in the future, will you continue to embrace BNB and maintain it until the price becomes $ 1000.?
Judging by the amount of profit he made based on what he said, I think he will still be holding BNB for now and will be waiting for the BNB price to go up to $1000 although that would still be a very long time for him to wait unless market conditions can change very quickly in a matter of days.

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Cling18
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July 07, 2022, 03:57:40 PM
 #56

Being a millionaire is honestly one of my future goals but as of now, I'm still in the process of investing and accumulating coins for a long-term investment. I believe that there's a hope of getting rich by holding potential coins though it has risks that we should face. High rewards go to those who are also high-risk-takers. I have invested in the top five coins and I'm sure that they will be profitable soon.
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July 08, 2022, 11:14:57 AM
 #57

I cannot forget the day I bought Ecash coin back then in etherdelta, wow it was so awesome, those was when ebtc exrp and all e coins where trending, I could not believe it because the pump was so huge. I missed those days when people just blindly fomo into coin and increase the pump non stop, I guess it pumped for up to two to three weeks luckily for me I was among the diamonds hand

Remember that one. I got mine even in an airdrop.

Wasn't there also a pump and dump on a certain day ? Remember only noticing when dump was in the end stage Smiley

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July 08, 2022, 11:32:07 AM
 #58

I am pretty far from being a millionaire, neither do i have that mindset of being a millionaire through cryptocurrency, quite a lot of people have the get-rich-quick mentality with crypto, and it has cost them quite a lot of losses, some they can't even ever recover from, i am a Bitcoin enthusiast, so i hardly have anything to do with altcoins, but what i have noticed is that it is altcoins that people purchase when they start to nurse that get-rich-quick mentality in their heart, mind you that altcoins are risky and aren't long term projects, thus you should sell when you have the opportunity to, especially when you have made ROI. I am not worried about Bitcoin making me a millionaire or anything of that sort, there are other ways i can achieve that goal in RL, i sincerely believe in the Bitcoin network, and that is part of the reason i put my funds in it.
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July 08, 2022, 12:06:03 PM
 #59

It'd be interesting to know how people find and analyse good long term projects that made insane profits. Can you list:

1. How you found the coin
2. Why you believed in the project
3. Why are you still holding or why you sold



I'm not yet a millionaire but I do earn profit from coins that have proven their profitability and these are Bitcoin and Ethereum you just have to believe in these two coins and you are good to go and you are in a better position to make a profit, compared if you're taking the risk from new coins, every time they take a dip, investors see this as an opportunity to make profit in the future, if you have strong hands you will not regret investing in these two coins.
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July 08, 2022, 02:14:21 PM
 #60

I'll add another 5 cents to this thread.
Think for a moment, up to this point history has repeated itself 3 times. The price of bitcoin fell from the maximum values by about 80% and then there was a new pump. Even well-known coins like ethereum, litecoin and so on may not repeat history. It is better to look for new projects that have this path ahead of them.

...AoBT...
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