Quote from: Rabi3 on Today at 11:19:13 PM

Quote from: Abiky on January 06, 2022, 02:45:09 PM

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.

i don't think if you buy 0.01 btc now you'll get rich at some point, it's too good to be true, back in the day it was possible and some people even did it, but with the high adaption bitcoin has reached it's so hard for it now to go up to $100k without talking about a million or more like you mentioned 100 mil, that's a crazy number that will make bitcoin with a crazy marketcap, it's worth a try tho if you have 0.01 btc laying around, you could get a big interest but to be rich from that is almost impossible now.

There was a time when 0.01 btc was around 30$ and now it is worth 300$. That is 10x increase in the worth in only 3 to 4 years. Considering this growth rate, we may see 0.01 btc priced at 3000$ in the long term. Even this amount will not make you the richest person in the world but still holding bitcoin as much as possible is beneficial.