Getting rich off Bitcoin is impossible for the majority

[fuguebtc]

I’ll put it simple for you,

People get rich or attain some form of financial stability by providing needed service, sell products or commodities that are in demand or invest in the right asset.

In the last couple of years, Bitcoin has proven to be the right asset. It has made millionaires in all currencies, those who were able to buy at least 15BTC back in 2010 through 2015 when Bitcoin didn’t cost more than $500 on average and that’s me being sweet here.

In today, your little investment in Bitcoin might not seem like a lot, it might not give you the signal you would expect for an explosive growth but, let it ride on the years and you would be on to something.

We can still reap reward with bitcoin regardless of the amount of capital we have. However, we need to be realistic: the day when we could make millions by investing just a few dozen or a few hundred dollar, like those early investor did are long gone. Even if we hold bitcoin for decades to come.

Bitcoin can still offer good returns, but the era of x10 or x100 growth in a short period of time is over.

[Publictalk792]

We can still reap reward with bitcoin regardless of the amount of capital we have. However, we need to be realistic: the day when we could make millions by investing just a few dozen or a few hundred dollar, like those early investor did are long gone. Even if we hold bitcoin for decades to come.

Bitcoin can still offer good returns, but the era of x10 or x100 growth in a short period of time is over.

Exponential growth ultimately leads to institutional stability, which is natural part of an asset life cycle. As Bitcoin went from being cypherpunk experiment to global macro asset, it also left behind its notorious volatility and went on to enjoy huge liquidity. We may no longer be able to achieve 100x returns on $100 investment of Bitcoin, but today it is best asymmetric currency debasement hedge on earth, which early investors would not have known for sure at time.

I think, is now that emphasis needs to be on purchasing power preservation other than chasing multipliers. In unlimited printing money environment, 2x or 3x return on hard asset like Bitcoin is mathematically better than investing in any other asset as it is permanent gain of share of total supply. get rich quick time is over and stay rich time is now at hand. Reward has changed from just price gain to also being able to exit from crumbling financial system and into capped supply asset with predictable future.

[Somegory]

I’ll put it simple for you,

People get rich or attain some form of financial stability by providing needed service, sell products or commodities that are in demand or invest in the right asset.

In the last couple of years, Bitcoin has proven to be the right asset. It has made millionaires in all currencies, those who were able to buy at least 15BTC back in 2010 through 2015 when Bitcoin didn’t cost more than $500 on average and that’s me being sweet here.

In today, your little investment in Bitcoin might not seem like a lot, it might not give you the signal you would expect for an explosive growth but, let it ride on the years and you would be on to something.

We can still reap reward with bitcoin regardless of the amount of capital we have. However, we need to be realistic: the day when we could make millions by investing just a few dozen or a few hundred dollar, like those early investor did are long gone. Even if we hold bitcoin for decades to come.

Bitcoin can still offer good returns, but the era of x10 or x100 growth in a short period of time is over.

This is accurate fact, but if DCA goes on for let's say 8 years straight, that's alot of money already, for example if I can invest $40 in Bitcoin every week, in a year that's $1920 and for the next 8 years that's $15,360.

That's a lot of money invested and let's say in 10 years time bitcoin is at 1 million dollars per coin or half a million to be realistic this $15,360 invested via DCA will worth alot, enough to turn me into a rich person as per my country's.

You are right saying that we will never see the opportunity that the early investors got out of Bitcoin, turning $1 into $80,000, because that's the reality today, years ago 1 Bitcoin was $1.

[SeriouslyGiveaway]

This is accurate fact, but if DCA goes on for let's say 8 years straight, that's alot of money already, for example if I can invest $40 in Bitcoin every week, in a year that's $1920 and for the next 8 years that's $15,360.

That's a lot of money invested and let's say in 10 years time bitcoin is at 1 million dollars per coin or half a million to be realistic this $15,360 invested via DCA will worth alot, enough to turn me into a rich person as per my country's.

If people can build up their wealth with Compound Interests, they can do it better, faster and more profitable with Bitcoin investment during a same period. Because base on Bitcoin market history, its price grows very well in each market cycle, more than 100%, and we know in simple math, even Bitcoin has less than 100% ROI in future cycles, it will be still better than Compound Interests.

When people understand this history of Bitcoin market and Bitcoin ROIs, they will know how better Bitcoin is than traditional investment or saving methods. If they don't know yet, they can explore it with table and chart at https://casebitcoin.com/charts and https://casebitcoin.com/charts#roi_chart

[terrific]

You are right saying that we will never see the opportunity that the early investors got out of Bitcoin, turning $1 into $80,000, because that's the reality today, years ago 1 Bitcoin was $1.

They have to target higher prices and it can still happen on them but at different rate.
Few years ago, Bitcoin was $15k on 2022 as the lowest of it and by simply holding it even if we've been through the peak.
The price now definitely is still a win for them. They don't look at those numbers but only recognizes the drop but not the stability of what it's doing for the past years.