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?
A million bucks is not that big of an amount if you'll think about it especially for those who has the capital to invest. But the best thing to do really is to look for a highly promising new project, buy a reasonable amount of their token and hold them for a few years (remember what happened with BTC). So a million dollars is not far fetched really. It is very possible to achieve especially for those who are determined and willing.