Quote from: Hanadawa on July 14, 2025, 11:40:59 AM

Quote from: fuguebtc on July 14, 2025, 07:55:00 AM

Quote from: Kelward on July 14, 2025, 06:44:36 AM

I believe that Bitcoin will make a lot of people very rich in the future so now can still be considered as early years compared to what it's price can be in the future.

But to be able to get rich with bitcoin in the future, we need to invest continuously with significant capital. We cannot expect to get rich just by investing in bitcoin with small capital like the early investors did. This is another misconception that many people are having thinking that bitcoin price can increase 100 or 1000 times in the future like what happened in the past. That won't happen, because bitcoin is worth $120k with a market cap of over $2 trillion , not a few dollars or $100. We are not in the early stages anymore.

I think, based on gold's market capitalization, Bitcoin will likely increase by about 10 times at most. This is still reasonable, as some analysts predict Bitcoin will reach $1 million. I'm not sure we're still in the early stages. I think only those who were around during the Satoshi era, or before 2017, can be considered early-stage investors. Currently, if someone consistently saves Bitcoin every month, they might become one of the richest people in the future. However, if you only save $100 per month, buying Bitcoin won't make you financially free. But it can secure your assets. Essentially, it's like buying gold as a safe haven.

Your view of Bitcoin's potential tenfold increase from its current price is interesting and often voiced, especially when comparing Bitcoin's market capitalization to gold. However, I think it's also important to remember that the crypto market remains fraught with uncertainty and volatility, so predictions like $1 million per BTC should be taken with caution. You're right that only investors who entered early—pre-2017—will achieve maximum returns, and for those saving now with small amounts, the effect will be more toward asset security than significant financial freedom. This underscores the importance of understanding that Bitcoin should not be viewed as a get-rich-quick solution, but rather as part of a broader and more realistic investment strategy.

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