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?
Converting $10,000 into a million dolars would imply a yield of 10,000% which, although it is true that it has already been reached by some cryptos over the years, I believe that current market conditions make it increasingly difficult for us to see events of such magnitude.
As time passes, markets tend to mature and maybe the time comes when this market behaves in a similar way to the others, with yields no higher than 20% on an annual basis.