If someone bought $100 of Bitcoin in 2010 and kept it until now, they would now have around $6 million.
Do you think the same could happen again in the next 7 years? If I now own $500 in Bitcoin could that be worth $1 million+ in the next 7 years? Or is it extremely unlikely for this increase to happen a second time?
I dont think $500 will get you 1 million dollars in 7 years. That would mean about 0.1 Bitcoins would be worth $1 million. Well be lucky if 1 Bitcoin were with that much. I think it could take 20 years or more for 1 Bitcoin to be worth $1 million but even if 1 Bitcoin is worth $100,000 in 7 years, thats still a lot of money. At that rate of growth, a $500 investment could be worth $10,000 in 7 years which is a very good gain.