Examining the possibility of forming $1 million in assets through a 1,000-fold Bitcoin increase
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- 1Bitcoin has recorded a value increase rate of 134,900,000% since its launch in 2009.
- 2To reach a target amount of $1 million with a $1,000 investment, a 1,000-fold increase in potential is required.
- 3Michael Saylor believes Bitcoin will reach $21 million within 21 years.
So what's the key point?
This is about how much Bitcoin has risen so far. To turn a $1,000 investment into $1 million, the price needs to go up 1,000 times.
Source The Motley Fool +1 · View original ↗
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