If we can observe, the growth cycles of the most powerful currency / cryptocurrencies in the world, we will observe constant jumps multiplied 10 times.
If we dig a bit, bitcoin was worth nothing at one point (2009), then 1 cent, 10 cents, $ 1, $ 10, $ 100, $ 1000, stop!
It is now at almost $ 10,000 (19.09.2019), but bitcoin has shown us what its potential is, meaning that it can ever „go down” to $ 20,000. Forgive me for my sarcasm of capricorn, but if you set aside 0.02 BTC today, which means over 185 EURO, over 15 or 20 years when you reach the time of retirement, you will simply live peaceful!
Why?
In 2011, 1 bitcoin was worth $ 1. If you then bought 185 bitcoins for $ 185, today, 8 years later, it would have been worth $ 1.85 million.
In the market, there will be, at one point, 21 million BTC, of which approx. 6 million BTC will be lost. There are still 15 million BTCs, which obviously cannot enough for 10 billion people or more – over 15 years.
As much as I would be wrong in my calculations, in 20 years, bitcoin will grow by at least with this multiplier 10,000, given what has happened in the last decade! Therefore, today 0.02 BTC equals 185 EURO, over 20 years it will be equal to 1,850,000 EURO.
The article is addressed to those who have approx. 40 years now or in approx. 15 – 20 years will be approaching the moment of retirement, and they have the necessary knowledge to buy some bitcoin and keep it safe!
If you want to exchange ETH (Ethereum) in BTC (Bitcoin) or other cryptocurrency I recommend kucoin.com.
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