The advantage of depending on bitcoin as a better alternative to the conventional banking system is far too enormous and are all centred as a means that is to your own advantage. keep $10k in the bank ten years ago and go back to get it, if the bank is still in existence and you are able to get your money, the $10k qill remain same amount with chances that such account might have been termed a dormant account that has been handed over to the government placing you at the lossing end. do same with bitcoin for that lenght of time and you can boost that you are a millionaire at the present because of the difference between bitcoin price ten years ago and what it currently is now.
You are correct that $10k into bitcoin, would have had resulted in at least a million dollars under a variety of scenarios..
We likely would not expect buying BTC at the bottom of the market, yet we could figure the range to be of BTC prices 10 years ago (in 2015) to have had been between about $225 to $450 per BTC, so best case would have been around 44.44 BTC, and worse case would have had been 22.22 BTC... and so any of those cases would have resulted in at least $1 million valuation of the bitcoin as long as the person had sufficiently and adequately protected such BTC.
Even if a person would have had invested the
$10k over two years from January 1, 2015 until December 31, 20016 (that would have had been $100 per week), and would have had resulted in right around 30 BTC. Definitely, it is true that the difference between having $10k in a regular bank account or investing $10K in Bitcoin in 2011 is quite staggering and it really speaks to the differences cryptocurrency as a store of value can manifest.
Just reflect, that 10 years ago, had you just sat on a $10k in a bank account, inflation alone would have continually decreased the purchasing power of the money. Even then when the account is 100 percent safe, you are highly likely to end up with more or less the same amount or may be a little higher but surely nowhere near the growth that was achieved with Bitcoin.
Suppose now we go back to the early 2015 when Bitcoin was trading at between $225 and 450. If you could have anticipated and purchased in at those prices, you would have stood to gain anywhere between 22 to 44 more BTC with the same dollar investment that you had already made. Skipping ahead to the modern day where the price of the Bitcoin is climbing into the six figure range, that old stash of coins could easily be worth a million plus dollars. That obstetrically is what creates transformational wealth holding through the volatility and having the faith in the technology.
Better still is the (DCA) technique whereby you end up investing on a regular basis over a period of say two years instead of circumventing the funds at once. DCA would still have left about 30 BTC accrued, and would have eliminated the risk of perfect market timing.