Can Investing $100 in Bitcoin Make You Wealthy? Jennifer Whelan
Well, it depends on when you’re going to sell Bitcoin and how much it will rise in the future. For example, if you had bought $100 worth of BTC when the price of a single Bitcoin was $40K and later had sold it when it hit $60K, you would’ve made a $50 profit. However, if you had instead bought $100 worth of BTC back when it was $1,000, you could’ve made $5,900.
Usually, when people invest low amounts, such as $100, they just reinvest their profit into their asset of choice instead of cashing out. Bitcoin is no longer at that stage where you can make millions of dollars by investing as little as $10 in it — if that’s what you’re after, you will be better off betting on the success of random shitcoins. If you had invested $100 in Bitcoin when it was around $42K, it would’ve to go up to roughly $417 million for you to make one million dollars off the sale.
However, there are other ways to become wealthy by investing as little as $100 in Bitcoin (and I have used these methods to build wealth in crypto):
Doing it on a regular basis, just like how you’d top up your savings account.
Trading bitcoin and taking advantage of price moves to make profit. This is the most profitable way of earning bitcoin.
So, What Is Going to Happen If I Invest $100 in Bitcoin Today?
While cryptocurrency values are notoriously hard to predict, at this point, most mainstream investors and Bitcoin evangelists believe it will always eventually bounce back and conquer new highs, in fact it's already rallying due to the coming bull market.
We don’t know whether it will ever reach “global currency” status, but Bitcoin has already established itself as a solid investment. If Bitcoin’s price skyrockets (which it will because of the bitcoin halving which will usher in the bull market), then you will be able to multiply your investment tenfold.
A hundred dollars is not a large sum, and as long as you invest $100 in Bitcoin and not a dollar more (or, at least, not a much more significant amount), then you won’t have to worry too much about losing your money.
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