Post
Topic
Board Bitcoin Discussion
Re: 2nd chance at Bitcoin?
by
Quietman
on 29/10/2017, 12:13:31 UTC
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?

That was  a huge percentage. You mean that 20 dollars was bought for only $100 in 2010.  It is possible that when you invest right now there's also a big chances that your investment will double or triple or even higher than that after 7 years. But the expectation that your profit will be just as the same with 2010-2017, I think it wont happen.

Always remember too, no one knows what will happen in the future. Anything can happen even in one day.