Could Bitcoin Help You Become a Millionaire?

Since July 2010 (the earliest data available from coinmarketcap.com), Bitcoin has produced a ridiculous return of nearly 43,000,000%. That crushes the gains of both the S 500 and Nasdaq Composite Index by insanely wide margins. And it has no doubt made some early adopters extremely wealthy. 

Even though Bitcoin has been around for about 14 years, I don't think it's too late to get in on the action. Right now, the price is 61% off its all-time high from November 2021, so there is some heightened pessimism around this top cryptocurrency. But can buying now help you become a millionaire? 

Given enough time, I believe the answer is a resounding "yes." 

Continue reading


Source Fool.com