Post
Topic
Board Altcoin Discussion
Re: Is a million dollars possible?
by
blazingshockwave
on 28/04/2018, 10:46:19 UTC
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.