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Topic: $500 for Bitcoin - 2030 (Read 453 times)

legendary
Activity: 2534
Merit: 1338
March 29, 2022, 02:23:50 PM
#52
I'm happy to see people so enthusiastic about bitcoin, not for its price but its functionality. It signifies the OP is very believe in bitcoin too, I want to here in your thread too. But 2030 is a long period of time from now, it would be better if you @OP every month or every year to re-invest as much as possible so as not to miss more trains right? because the more value is better. Imagine if you buy $500 : 0.009 BTC (for example) and then the next time you get the same value but at a lower price, so your bitcoin value will be more right?
At least I think that is his intention, after all while every single person should invest what they can afford to lose, at the same time an investment of 500 dollars even if held for such a long period of time is not going to create a significant difference in the life of the one that started this thread, however if they can invest some money in bitcoin each month then at the end of 2030 they will have a no insignificant amount of bitcoin which could change their lives.
full member
Activity: 2520
Merit: 204
March 29, 2022, 03:52:52 AM
#51
As we know that the record high Bitcoin price of all time is around $68789.36 on November 10, 2021.
I interested in bitcoin not only because of its selling point but also because of its functionality which is known as being a large decentralized database of transactions.



I don't want to miss the train a second time on bitcoin. little picture of my bad analysis for the price of bitcoin for the next 5 years. I could be wrong but I want to leave my mark here by starting to invest in bitcoin $500 and main target by 2030.
if you don't wanna miss the second chance of the train running then why need to ask the community? why instead of those then try buying more and more each day? because the train will run any time as we don't expect this to happen so accumulate everytime you have a time and not need to ask here and there , remember that opportunity only knock once so grad yours when it is on your doorsteps .
bitcoin will always be profitable all you have tom do is keep it hold and not to listen to FUD.
hero member
Activity: 3024
Merit: 745
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March 28, 2022, 04:14:12 PM
#50
You can do it. Just like OP and everyone, if you have some extra money that you are fine to keep for a long time and you are sure that you're okay to invest it in bitcoin then buy it.
Since you have no vices then that's good to know because others can't save because they're spending too much with those vices and they're forgetting to prepare themselves to have an investment for which they can be good in the future, one example is through buying bitcoin.

Waiting for about 8 years is long time. But if you are ready to whatever possible may happen to crypto market, and is willing to accept whatever your fate may be, then, by all means, you can very well invest like $500 to btc. Who knows, you will be successful in this venture but no one can assure of what will happen during those years? So it is your own accord when it comes to this investment. If you want a lil bit of insurance, keep an eye with what's going on in the market, and just pull off if you feel it is the right time for you to pull off.
Yes, it's a long time. And just like everybody of us in here, there's a plan of holding for so long and we don't mind waiting until that year has come. But it's still needed to be monitored so that you'll have the idea on how much your investment is every time you check it.
Many people have became successful already investing in bitcoin and they now have the idea on where it is going, it's going nowhere but only to move up. Although there will be some drips and dips on its way but that's the normal way of its market to go.
sr. member
Activity: 2380
Merit: 366
March 27, 2022, 08:29:33 PM
#49
Hop in and enjoy the ride. Despite the recent, in fact ongoing, rally the price is still more than 30% down from its last all time high record. You are still buying at a cheaper deal. Bitcoin at $47,000 is not a bad bargain. The price might reach $50,000 in the next few days. The ATH could be broken at the first half of the year, the next half might even give us the anticipated six figure. Start with what you have and keep it long term. There's going to be a reward for hodlers.
full member
Activity: 1848
Merit: 158
March 27, 2022, 06:37:35 PM
#48
Good luck with that but it's better to continue investing with any spare money that you've got. Like $500 per month or even at least whenever you're free and comfortable buying it.
That's right, buying Bitcoins regularly is a great move for those who have long-term investment plans. even though I'm still in college but if I have extra money, I'll set it aside to buy Bitcoin and some altcoins that I see have potential, I'm lucky I don't smoke and drink alcohol so I can save on Bitcoin. if invest $500 every month in bitcoin until 2030 it will definitely be tens of thousands of dollars.
You can do it. Just like OP and everyone, if you have some extra money that you are fine to keep for a long time and you are sure that you're okay to invest it in bitcoin then buy it.
Since you have no vices then that's good to know because others can't save because they're spending too much with those vices and they're forgetting to prepare themselves to have an investment for which they can be good in the future, one example is through buying bitcoin.

Waiting for about 8 years is long time. But if you are ready to whatever possible may happen to crypto market, and is willing to accept whatever your fate may be, then, by all means, you can very well invest like $500 to btc. Who knows, you will be successful in this venture but no one can assure of what will happen during those years? So it is your own accord when it comes to this investment. If you want a lil bit of insurance, keep an eye with what's going on in the market, and just pull off if you feel it is the right time for you to pull off.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
March 27, 2022, 06:32:33 PM
#47
Good luck with that but it's better to continue investing with any spare money that you've got. Like $500 per month or even at least whenever you're free and comfortable buying it.
That's right, buying Bitcoins regularly is a great move for those who have long-term investment plans. even though I'm still in college but if I have extra money, I'll set it aside to buy Bitcoin and some altcoins that I see have potential, I'm lucky I don't smoke and drink alcohol so I can save on Bitcoin. if invest $500 every month in bitcoin until 2030 it will definitely be tens of thousands of dollars.
You can do it. Just like OP and everyone, if you have some extra money that you are fine to keep for a long time and you are sure that you're okay to invest it in bitcoin then buy it.
Since you have no vices then that's good to know because others can't save because they're spending too much with those vices and they're forgetting to prepare themselves to have an investment for which they can be good in the future, one example is through buying bitcoin.
sr. member
Activity: 1694
Merit: 299
March 27, 2022, 04:42:12 PM
#46
Your decision is very good with investing $500 in Bitcoin until 2030, because if we study the movement of Bitcoin which is always up. Then most likely in 2030 you will get a very large profit, because Bitcoin is very good for long-term investment. Anyway I can understand why you took the decision to hold Bitcoin until 2030, because you are among those who missed the opportunity to profit from Bitcoin when the Bitcoin price reaches $68k in 2021.
Oh so he was going to invest 500 and hold it until the year 2030? dang what I thought is he was predicting that btc value can go as low as 500 dollar by the year 2030. I was kinda shocked a little because that was too low and everyone else expect btc will be 100k or more that time, not dumped at the lowest possible value.

Btc doesn't always increase. Don't forget that a correction can happen most of the times but what is good about btc is it will always find a way to recover and return to its previous highest value. Once there is a correction, we should not panic and sell but we should keep in mind that it will not last long and there's always a room for recovery.
sr. member
Activity: 1106
Merit: 391
March 27, 2022, 04:06:13 PM
#45
Good luck with that but it's better to continue investing with any spare money that you've got. Like $500 per month or even at least whenever you're free and comfortable buying it.
That's right, buying Bitcoins regularly is a great move for those who have long-term investment plans. even though I'm still in college but if I have extra money, I'll set it aside to buy Bitcoin and some altcoins that I see have potential, I'm lucky I don't smoke and drink alcohol so I can save on Bitcoin. if invest $500 every month in bitcoin until 2030 it will definitely be tens of thousands of dollars.
hero member
Activity: 1498
Merit: 711
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March 27, 2022, 03:24:15 PM
#44
Taking a decision of investing a huge amount or sufficient amount of bitcoin for long term investment, is very nice and acceptable, but the problem is that before you venture such kind of long duration investment, you have to study and make proper analysis of cryptocurrency and know the validation it, because at times people adventure into cryptocurrency investment without knowing the elementary aspect of cryptocurrency, so what I'm emphasising on, is that Bitcoin investment and price speculation neve be reliable, it has it own speculation of values. Which suppose to mandate you to make proper research before investing.
legendary
Activity: 2184
Merit: 1302
March 27, 2022, 02:03:11 PM
#43
if you want to invest for long term i suggest be patient and wait until you see a good sign that bitcoin is going up again because if you invested your money immediately without knowing bitcoin will tends to make correction, surely you will regret.
So wait for the right time!
Quite a lot of users here believe everytime is the right time to buy Bitcoin and i kind of agree with them, really you could attempt to wait and make a so called good timing to get in, but it will be to no avail, what is most important is to choose an investment strategy that bests suits you and the amount of funds you have for investment. The DCA strategy for example is great, you can basically just invest at intervals a certain amount you have set aside for it all, and with time you will be growing your portfolio irrespective of the direction the network takes in terms of price movement.
sr. member
Activity: 2016
Merit: 283
March 27, 2022, 01:50:10 PM
#42
As we know that the record high Bitcoin price of all time is around $68789.36 on November 10, 2021.
I interested in bitcoin not only because of its selling point but also because of its functionality which is known as being a large decentralized database of transactions.



I don't want to miss the train a second time on bitcoin. little picture of my bad analysis for the price of bitcoin for the next 5 years. I could be wrong but I want to leave my mark here by starting to invest in bitcoin $500 and main target by 2030.
if you want to invest for long term i suggest be patient and wait until you see a good sign that bitcoin is going up again because if you invested your money immediately without knowing bitcoin will tends to make correction, surely you will regret.
So wait for the right time!

And also don't use exchanges when it comes holding bitcoin because it's not safe, remember "not your keys not your coin" , so must pick a secured wallet that you have the private keys so that your investment is in the safe place.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
March 27, 2022, 01:47:25 PM
#41
Good luck with that but it's better to continue investing with any spare money that you've got. Like $500 per month or even at least whenever you're free and comfortable buying it.
Since you're long term and going to wait until 2030, it's very optimistic to look at that long and we may not know how much that $500 you've got initially will be by that year.
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
March 27, 2022, 12:02:43 PM
#40
It's a math problem that you're facing OP. THe number of coins required to make a decent profit is dropping, but not as fast as you'd want.
To make a some real money in 2013 you needed at least 100 bitcoins at $100 a piece. 10k investment when bitcoin went 10x to 1000USD would then give you 100k USD which was enough to buy an apartment or start a business.
To do the same in 2016 at $1000 a coin you'd need to invest at least 5 bitcoins and that would turn 5k usd into 100k usd in 2017 when Bitcoin went 20x up.
In 2021 you needed at least 2 coins @10k per BTC to earn at least 120k USD when it went to 60k because that's where most people sold, not expecting a 70k pump.
Today you need even more money to make money. I'd say 1 bitcoin is a minimum these days because you can expect maybe 180k (4x) in the next 2-3 years which will barely make you 150k USD on your investment. It's becoming a game for the rich.
sr. member
Activity: 2520
Merit: 280
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March 27, 2022, 11:54:35 AM
#39
I appreciate your trust in bitcoin but do you expect this $500 to make you as rich person or just wanted to prove something else?

He is new to bitcoin investment, so probably he just want to invest and see how it goes for him till 2030 and how much profit he is going to make in the next 8 years or so.

If you beleive that bitcoin is capable of growing in the next 10 years then don't stop investing, keep investing and start accumulating more and more as you can even $50 worth of BTC every month for the next 10 years makes big difference than investing $500 at once and waiting for it to rurn $100K.

Again, as I have said, maybe get a feeling and hang of it, and if he feels comfortable and see a very positive outcome on his investment, for sure he might put more money on it. And as he matures, he will have many strategies as well on investing, like DCA or stepping aside money every month.
If we try the extreme safe way the returns are going to be low, that is why whenever we are going to invest we have to be ready to take the risk, in my opinion if he wait for the next 8 years to analyse how much he can make then start investing for real he will be too late to the train.
full member
Activity: 1148
Merit: 151
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March 27, 2022, 11:39:09 AM
#38
I don't want to miss the train a second time on bitcoin. little picture of my bad analysis for the price of bitcoin for the next 5 years. I could be wrong but I want to leave my mark here by starting to invest in bitcoin $500 and main target by 2030.
since your decision is to invest in Bitcoin then it is a very wise act... you don't have to worry about the future of your investment because Bitcoin is an asset that is non-rug-pull and also a scam (different from altcoins).  rest assured, if you buy Bitcoin now with the $500 you have, then in 2030, the value will be doubled, you will make a big profit.
hero member
Activity: 1344
Merit: 540
March 27, 2022, 10:29:06 AM
#37
I appreciate your trust in bitcoin but do you expect this $500 to make you as rich person or just wanted to prove something else?

He is new to bitcoin investment, so probably he just want to invest and see how it goes for him till 2030 and how much profit he is going to make in the next 8 years or so.

If you beleive that bitcoin is capable of growing in the next 10 years then don't stop investing, keep investing and start accumulating more and more as you can even $50 worth of BTC every month for the next 10 years makes big difference than investing $500 at once and waiting for it to rurn $100K.

Again, as I have said, maybe get a feeling and hang of it, and if he feels comfortable and see a very positive outcome on his investment, for sure he might put more money on it. And as he matures, he will have many strategies as well on investing, like DCA or stepping aside money every month.
sr. member
Activity: 2506
Merit: 368
March 27, 2022, 10:23:33 AM
#36
Everyone can invest if they have the capital no matter how much it is since the important part of investment is to minimize the risk and you also need to know what you are investing and since you do have a little background about how Bitcoin works it would be easy for you to manage. And $500 is quite big IMO if you invest it this year but do you have a plan on what price or when you will going to buy or you just want to buy immediately and hodl it it until 2030? I'm sure the price at that time will give you a fortune but make sure you protect every possiblity of not getting hack since hackers are getting smarter plus hide well your private key that you only know.
sr. member
Activity: 2520
Merit: 280
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March 27, 2022, 08:57:23 AM
#35
I appreciate your trust in bitcoin but do you expect this $500 to make you as rich person or just wanted to prove something else?

If you beleive that bitcoin is capable of growing in the next 10 years then don't stop investing, keep investing and start accumulating more and more as you can even $50 worth of BTC every month for the next 10 years makes big difference than investing $500 at once and waiting for it to rurn $100K.
full member
Activity: 1292
Merit: 101
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March 27, 2022, 08:51:45 AM
#34
If you want to invest $500 in bitcoin and let it run to 2030 that is 8 years from now, so did you do research on bitcoin in past 8 years to know the likely move for the past and the future investment. Within 8 years from now bitcoin will have two halvings on its road to 2030, then what is looking to be your estimation of profit in 2030 or you don't mind any profit is good to you ?
I was thinking this point as well though he needs to mark a level where he really wanna exit .Without having any plan to take profit he might go through only ups and down .I think he has just looked into the all time high level of btc and thought to invest on it 500$ until 2030.I think if he set an exit level he might exit with a good return .So we need to have a plan to exit with profit beside invest on it .I think it is always a good idea to invest on bitcoin and if we have much patient we will surely get a good run .I think he made a good plan for long term investment and i think he will surely get a good profit if he get entry on a good level and make a plan to exit with a good profit .
legendary
Activity: 2814
Merit: 1192
March 27, 2022, 03:59:39 AM
#33
Is $500 a large sum of money for you OP? I'm asking because it's not really an investment material at today's prices. Say Bitcoin goes to 100k, which would be a huge milestone and you're not even going to have 1,5k USD. 1.5k is what most people in Europe and the US earn in their boring jobs every month, it's bread and butter for them, but you will have to wait for a big event, something that bitcoin couldn't do for the last 12 years. For me watching the price in hope that my investment can make me get a minimum wage profit over the course of a few years would not be worth it.
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