Post
Topic
Board Altcoin Discussion
Re: Is a million dollars possible?
by
#bromocorah
on 05/07/2018, 14:08:03 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?
I'm not sure it can be done by top20 Altcoin. But on good coins and newly created, say with merketcap range $ 25-50M, with the right moment it will be done within 1-2 years.