Post
Topic
Board Bitcoin Discussion
Re: Will owning 0.01 BTC really make you rich?
by
Henrobakkara
on 19/01/2022, 17:09:40 UTC
I've read a few articles on the web which indicated you could get rich with just 0.01 BTC. At first, it seemed crazy to me considering that Bitcoin is still below $1m. But then it started to make sense after knowing that the pioneer cryptocurrency was designed with deflation in mind. Each halving had a positive effect in BTC's price, so one would guess the next one will lead us to a BTC worth more than $100k. To become a millionaire with 0.01 BTC, the price of one Bitcoin must be $100m. Prices are still volatile, so I'm having my doubts whenever I'd really become rich with just 0.01 BTC or not.

What do you think? Is it really possible to become rich with 0.01 BTC in the future? If not, why? Your input will be greatly appreciated. Thank you very much. Smiley
I don't think so for now. This is still way too low to become rich over, yeah it will definitely get you some things you will need but this amount of 0.01BTC cannot get you rich even if one BTC were to at $1million and even in my country, that amount wouldn't get you a house in a middle-class area, so this is not the amount but maybe like 0.1BTC and with a $1mill per BTC  Wink