The world of cryptocurrency is saturated with get-rich-quick schemes and unending lists of digital coins. It’s easy to feel overwhelmed by all the noise, especially if you’re new to the market.
As a result, many people assume that getting rich with Bitcoin requires advanced technical knowledge and insider connections. The truth is that anyone can benefit from buying and investing in Bitcoin regardless of their background or current financial situation.
If you are one of those who believe that they need to be tech savvy or have a lot of money to invest in order to get rich with Bitcoin, you’ll find this article useful. Read on to learn more about how to make money with crypto, whether you have $10 or $10,000 available for investment.
My first six figure crypto payday
And once again, the average person thought they had already missed the boat because bitcoin came from nothing and was now valued at over $1,000.
This spectacular rise to over one thousand dollars turned out to be too much too fast.
Bitcoin crashed over 80% all the way back down to $200.
Proof! For the average person... Bitcoin was done.
But nothing could be further from the truth.
Markets move in cycles. Nothing goes up or down in a straight line.
And this new asset class cryptocurrencies - is still tiny. And its volatility is still much higher than volatility for a mature asset class like bonds, stocks or commodities.
When the pendulum reached its extreme the bitcoin market once again changed direction.
In January 2017 Bitcoin was back at $1,000. (Keep in mind that was only 4 years ago.)
Once again the average person thought they had missed the boat.
We all know what came next.
Bitcoin shot up to $20,000.
Bitcoin was all over the mainstream media and millions of people learned about this new form of money for the very first time.
And as you can probably guess, the average person who had just heard about Bitcoin thought they had already missed the boat.
Getting started with Bitcoin today, puts you among the first 1% of "early adopters" worldwide.
You can still be a crypto millionaire.
You’ll be well ahead of the masses. Billions of people will come after you and will have to buy at much higher prices.
The only question is:
Will you get started today or when Bitcoin is trading at $50,000, $100,000 or even higher?
3,929% Average Returns
In a Bitcoin bull market the price often goes up 10 times or more.
In July 2010 Bitcoin’s price skyrocketed 900% in only 5 days.
In the bull market of April 2013 Bitcoin went up from its previous low of $2 to $266.
That’s a rise of 13,200%.
A bull run like this turns a small $5,000 investment into $660,000.
Later that same year Bitcoin went from $70 to $1,242. A rise of 1,674%
Enough to turn each $1,000 invested into $16,740.
Then, in 2016 Bitcoin ran up from the previous low of $178 to $769. A return of 332%.
In 2017 we saw another massive Bitcoin bull market. Shooting up from $549 to $19,991.
A spectacular rise of 3,541%.
Enough to turn a $10,000 investment into $354,100.