It's easy to be overly pessimistic about Etsy, but there are reasons to be bullish.For many investors, an ideal outcome is to find a business that can turn relatively modest investments into a $1 million position one day. By focusing on high-quality businesses trading at compelling valuations, getting to that seven-figure number is a possibility over the long term.But could Etsy (ETSY -2.41%) be the kind of stock that could get you there? The e-commerce company's shares currently trade 79% below their all-t ...