I've read a few articles on the web which indicated you could get rich with just 0.01 BTC. At first, it seemed crazy to me considering that Bitcoin is still below $1m. But then it started to make sense after knowing that the pioneer cryptocurrency was designed with deflation in mind. Each halving had a positive effect in BTC's price, so one would guess the next one will lead us to a BTC worth more than $100k. To become a millionaire with 0.01 BTC, the price of one Bitcoin must be $100m. Prices are still volatile, so I'm having my doubts whenever I'd really become rich with just 0.01 BTC or not.

What do you think? Is it really possible to become rich with 0.01 BTC in the future? If not, why? Your input will be greatly appreciated. Thank you very much.

Its been a very long time that I've been using coinmarketcap.com/new to find new crypto projects that just get listed on the platform and I've come to notice that every two to three days coinmarketcap always list up to 30 new crypto projects, how insane is that? It shows that more than 100 crypto projects are released every week cos some landed on coingecko first before coinmarketcap, this to me is scary

Those sitting outside crypto world think that it's a shortcut of getting huge money in short interval of time but it proves to be wrong when they jump with lots of cash and becomes a victim of losing money in short duration of time. You are right people are missing  key principle of investing which is DYOR. The FOMO has made many to buy coins when they are at there ATH.

So I had a great holiday season all with the help of Bitcoin I came from an underdeveloped country where the rate of unemployment is pretty high and many youths are left to do some hard jobs just to survive even graduates with University degrees have no paying jobs I got to know about this forum some months ago and since then my financial life was transformed and the Christmas happens to be my best I can now earn little money to take care of my financial needs all with the help of Bitcoin-related jobs both on this forum and off the forum. BITCOIN IS A SAVIOR

In my country Someone bought a BMW Car by scamming in crypto transections and Police arrested him and told that the guy was a cheater and he was a crypto scammer.And this case is now the most viral topic.This incident shocked the whole country and also the Central bank authority about how he got this huge money and this incident put a bad impact in crypto.

I think Digital Currency like Crypto isn't getting much popularity because of these Scammers.They are one of the most strong reason why Government's aren't showing interest on Crypto Transections.

Sorry but hodlers who buy with dca method are the winners in this game.
Dollar cost average is by far one of the best methods many dont like it as they dont have patience.
We the people want to see results always too fast if not we not interested only few the handful can really do the buy the dips combined mixed with dca style buying.

I own different crypto and mostly I stake with them because I am interested in the long return. With bitcoin I am actually doing nothing. Can you suggest any strategies to make even a little APR? I know that I can't stake with bitcoin.

That gonna be a case-to-case basis as I hold when the market dumps but later when it recover back, I just sell them. I think, Holding is an option, we can make a trade, staking and etc...if we wanted to earn more. It is only finding a way where you can assure that you won't lose but instead of profit.

But if we don't have skills like trading, then it has no choice but just to hold until we decide to sell. As I've said, holding alone doesn't give you much unless you bought a lot of Bitcoin or potential altcoins.

That's wrong on so many levels! One of the first things newcomers should learn is how to properly keep those funds safe ^{[imagine what you've accumulated over a certain period of time, suddenly goes down the drain (it happens more often than one might imagine)]}.

The reality is that they would not have been able to hold for so long even if they bought 10 years ago. Very few have the patience to wait till 100x or more. Most of the investors will be sold at the idea of 2x or 3x itself. Some of the people that were able to hold for so long were those who had invested and then completely forgot about it. There is one more category of people who had complete trust on BTC and thus they stick with it for years.

I don't know if we're the same but in this school year (2020-2021) Bitcoin is now being introduced to our school, although it may not be introduced to other courses, since I am currently taking Bachelor of Science in Information Technology (BSIT) hence, we are to take Bitcoin and the history of BTC. It's actually great that schools are putting Bitcoin to their curriculum, with that, I got to share my experience with Bitcoin, I got the chance to share my knowledge about the history of Bitcoin and how much I benefited from this.

I also decided to post it here because I think this is a big leap towards the future, from people doubting about Bitcoin and now, people are heavily relying on it, being informed, buying bitcoins, learning the ways on how to exactly earn bitcoins.

P.S - Okay, so for those who are asking on what country, type of school am I in, I currently live in the Philippines which is a third world country, a country that is not yet solidified when it comes to technology, and education that is not as advanced as it may seem, since we are focused on the main subjects, Bitcoin and the technology of Blockchain has unlikely entered, well, educationally speaking, but my school (a college institute) and probably many more has started off talking about Blockchain, there are no downsides to this since we are only talking about it and studying but they're not encouraging students just yet to become enthusiastic about Bitcoin, probably in the future.

Suddenly chatting with a friend today. How do blind people use mobile payment? We don’t know the daily life of blind people. Blind people pay with paper money, but will digital currencies replace paper money in the future? (However, there is no certain mark on the U.S. bills, and the blind cannot touch the face value of the legal currency)


There are also some elderly and children who do not have mobile phones. Children can take care of them and learn cryptocurrency with their families. However, many elderly people have no children and lack the ability to accept new things. With the popularity of Bitcoin, will they continue to use paper money in the future?


In fact, for blind people, no one pays too much attention to their lives. Because there are no blind friends around, they don't think so much. If some technology is developed, it is very expensive consumption.
   With the increasing popularity of Bitcoin, what do you think will happen to blind and childless elderly people?

We always wonder who the real master mind behind the name of Nakamoto Satoshi the creator of bitcoin is.But what exactly would make you believe or convince you that "this" person is Satoshi if he/she ever decided to reveal himself.
There might be infinite wannabes and glory hunters wanting to rise to fame ,given the real Satoshi is one among them how would you go on about finding the right person.

"Only invest an amount you can afford to lose."

Probably one of the most common advice I've heard when it comes to investing in bitcoin; and I've used it a lot of times too. But honestly, in our current situation where fiat is getting printed like hell, I started to use that statement less and less. It just seems that holding bitcoin is now totally necessary.

Don't get me wrong, we should still be heavily educating people when it comes to proper investing in general with DCA-ing and probably not going all-in on one go and stuff, but I think bitcoin is a lot less risky of an investment now compared to the past few years despite it still being volatile.

Thoughts? Opinions?

I read about a cryptocurrency hack recently where they were able to steal tens of millions of dollars.
With that kind of money involved, I'm surprised this doesn't happen often.  Good thing that people are so honest.
 

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?