How to Become a Millionaire with Cryptocurrency!
Discover the most powerful strategy for achieving accelerated financial freedom.
"Old World Finance is Dead!" Cryptocurrency is here and is here to stay.
The banking and finance industry may not realize it yet, but with the advent of Bitcoin and the emergence of cryptocurrencies, the death-knell of traditional financial services has already been sounded.
In the coming years, Bitcoin and the related Blockchain technology will disrupt the entire financial sector in ways that are still not entirely clear to us or that we can foresee. What we do know is that those who saw the potential in this emerging technology back in 2010 and made an investment when Bitcoin's first market price was only 6 cents have been richly rewarded! Imagine if you had spent $1,000 buying Bitcoin back in August 2010, when it was only 6 cents a piece. By the time Bitcoin reached $600, you would have made $10,000,000, or 10,000 times your initial investment! and a lot more at the current price.
Turning $1,000 into $10,000,000 is mind-boggling for sure, especially in such a short time. But this is the nature of disruptive technologies and the profit potential they represent. Relatively speaking, I came “late” to the party, buying my first bitcoins in July 2011 at the princely sum of $6 each—which was already 100 times greater than 6 cents just a year earlier.
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Since then, Bitcoin has naturally continued to defy its critics, those who have repeatedly declared it "dead," by continuing its explosive growth. If you feel as though you "missed the boat" for this particular opportunity, all of this can be quite depressing. Furthermore, I am personally aware of a large number of people who have expressed their regret at not following my advice to purchase some Bitcoin back in 2011 and at missing out on a "once in a lifetime opportunity."
However, the truth is that Bitcoin has a long way to go, with many well-informed commentators and analysts suggesting it could rise as high as $100,000 to $500,000 per coin in the years to come, or even more. There is, therefore, still much room for development and financial gain. If you invested $10,000, for example, your investment would be worth 20 times more.
Assuming you bought two bitcoins at a cost of $5,000 each today and their value rose to $100,000. But what if the price rose to $500,000, or 100 times more? How and where else is
Is it possible to become a millionaire in a few short years, starting with only $10,000?
This is definitely the tip of the iceberg, as there are over 1170 cryptocurrencies listed on Coin Market Cap. Sure, one must admit most of them are virtually useless and have no future. However, some of them represent innovative concepts and use cases. You can make 10x, 20x, or even 50x your money if you know how to assess them and choose winners.
All of these cryptocurrencies trade on a 24/7 marketplace like the world has never seen, a market that never sleeps, one that’s free of the dead hand of state power and regulation. As a result, we are currently experiencing a boom in innovation, investment, and trading. This is much like what was seen during the exhilarating dot-com era of the early internet. And just like back then, people who are informed and involved are making fortunes at break-neck speed.
Risk is present, without a doubt, but there are also enormous opportunities that you should not miss.
miss out on. Opportunities of this nature, the kind that only come around once in a lifetime. -Quotes taken from David MacGregor's book "How To Become A Crypto Millionaire"
Here are some obvious facts about Bitcoin.
- There is a morbid fear of bitcoin and other digital currencies among banks and other traditional financial institutions.
- The continued acceptance by various markets and industries will render the use of paper currency void.
- Bitcoin and other cryptocurrencies cannot be regulated in supply or price by any government or authority.
- If emails replaced mailing letters, messenger apps replaced email, why can't paper money be replaced?
- As market acceptance grows, Bitcoin's market cap will surpass $1 trillion in just a few years.
- When the average person realizes that technology has a high level of security, then boom
- Your kids can purchase ice cream with the Satoshi smallest fraction of a bitcoin, one hundred millionth of a bitcoin.
- A wider acceptance results from more informed users, so banks must either sign up or shut down.
- It is better to set aside some coins than not to do so, as those who do not adopt early will pay the higher cost of entry.
- Since they lack complete knowledge, the majority of those who are skeptical of bitcoin have been caught in the act.
- If you have strong mathematical and computing abilities, it won't stop you from owning cryptocurrencies.
- Find active coins with a positive trading history because many of the ICOs will be fraudulent.
- Only 21,000,000 are in existence. No more can be created. 1,641,550 bitcoins are still available before the next halving.
- Currently, there are about 19,155,131 Bitcoins in circulation. Next payment date (10 June 2024, 04:36:18), 12.5 Bitcoins per block
- All major currencies around the world will need to convert to digital currency at a price of $1,000,000 USD.
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