Post
Topic
Board Bitcoin Discussion
Re: Growing but exponentially
by
Don Pedro Dinero
on 01/10/2024, 13:54:30 UTC
You don't need to invest that money, the fact that it's already in bitcoin you already have an investment that could grow as crazy. 10 years ago Bitcoin was at $400 when i started using it, and now is at $63000, so, we are talking about something bigger than x100 but the hard part is to hold for a long period of time, if you can do that, then you will find success in your investment.

If you only want to invest for a couple of years, then i would recommend moving to another altcoin with a nice future, that way your investment would grow faster.

Well, the point is that if you want to make x10 in two years, with bitcoin I think it's unlikely you will. The normal scenario is that it will make x3 at most or in a total bullish scenario x4.

In any case, a x10 in two years is not realistic because it is a 500% annual return and that can only be achieved by betting (even if it is on financial assets).