Let us see if someone would have invested
$1000 in Gold ten years ago,
or bought
$1000 worth of real estate property.
Or if he invested
$1000 to buy Bitcoin. How it would be then?
As the Gold-USD chart below shows, you would be at around 2x profit now based on gold's current market value.
your portfolio might be turned into
2000 USD.
If we consider Real Estate properties, you might have made a maximum of 10x to 15x profit in the last 10 years.
It depends on where you are living, but I don't think it could go more than 15x.
Now let's see what would have happened if you had invested in Bitcoin 10 years ago! The lowest price of Bitcoin since 2014 till now was around
$150. So if I bought Bitcoin at that time, I could buy about
6.5 Bitcoin with 1000 dollars.
According to the chart below the current price of which would be about
345996 USD. About
34600% return
. 350x profit would have been possible.
Bitcoin has been giving such profits for about 12 to 13 years, I don't think anything else in the world can give so much ROI in such a short period of time. But where is the problem with our trust in Bitcoin?
Now you may say yes 10 years ago there was an opportunity to invest in Bitcoin. I know you missed that opportunity even I missed it but everyone knows that Bitcoin price will reach 100k or 150k. Even
JP Morgan, who is strongly opposed to Bitcoin, says that the price of Bitcoin will increase.
So those who missed the previous rally should not try to catch the current rally?
Will we make the same mistake again and again?Maybe 10 years from now in 2034 someone will be doing this same calculation, that 10 years ago in 2024 if we bought Bitcoin we would have made
34600% profit. At that time maybe the price of Bitcoin will rise at
8 digits! Maybe I won't be around then but Bitcoin will be fine.