Topic: $500 for Bitcoin - 2030 - page 2. (Read 455 times)

2030 from now or 8 years old, of course, many surprises can occur, if we return to 8 years ago when the 2014 bitcoin price was only around $ 130 and rose more than 30x compared to the current price, if the trend was repeated again then we could get $ 15k, but I'm sure it can be more than $ 20k.

Many communities here have suggested you with $500 money in time until 2030, maybe I try to suggest you try to invest in BNB for 2030, I'm sure if BNB can penetrate like Ethereum at this time you will experience multiple benefits, I'm more sure like BNB with $500 funds.

There should be no question about Bitcoin investment, no matter what its value today you can invest for long term because we know it will always rise. Its hard to predict but if you believe on Bitcoin, no one can stop you. We already reached a good price in the last 10 years, so I expect to reach more in the next 10 years. TAYOR!

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?

$500 today might be different in value in the next 8 years because of high inflation so for you to increase its value, you have to invest it and with Bitcoin, I can say that this is a good choice. If $500 is spare to you right now, go invest it and see the result in the next 8 years. There’s no certain with Bitcoin and you need to have faith, and stay positive. I’m bullish in the future of Bitcoin, and many predicts that in 2030, we are on a better position by that time.

Everyone has to start somewhere, 500 dollars may not seem like a lot of money for the people that have been invested in the market for a long time but it is a decent amount of money, just remember that you need to make an effort to hold those coins as it is easy to panic and sell when the price hits rock bottom, and also you need to keep saving your fiat so you can buy bitcoin when its price is relatively low so you can maximize the amount of bitcoin you can get with each purchase.

If you want to invest in bitcoin for $500 and leave it in your wallet until 2030, that could be a good idea but you should really be able to keep it from panicking if you keep a close eye on the state of the market. Bitcoin market conditions will always fluctuate and it will make you feel worried if the price drops deep and can cause you to lose. But if you just buy and don't care about the ups and downs of the price, it will keep you from worrying and I'm sure you will be able to hold your bitcoins for as long as you want.

at least you must have a concept of long-term and short-term investment, 500 USD is not a small amount for you to start right now, so prepare a good investment model and format, I'm not sure people will take quick steps to start investing without being aware of it with good knowledge. mature, because investing in bitcoin must have experience and knowledge before running, but I think you must have the courage to take this step, who knows in the future you will be successful here

If we look at this price fact, of course many people hope not to make the same mistake a second time, the bitcoin trend will continue to rise so that with long-term investments we will get big profits, I am currently also continuing to add bitcoin and altcoins which have the potential to skyrocket in the future. ahead because I don't want to repeat the same mistake when in 2018 I sold 3 btc for $6300, and sold 14 ETH for $130.

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.
That's why you don't want to miss the train a second time, therefore you made a pretty bold decision to invest $500 in Bitcoin until 2030. Hopefully you
get the profit you want in 2030, the most important thing is that the $500 capital you use is cold money. Because if you don't use cold money
for investment, I'm sure before 2030 you will have sold it because there is an urgent need.

$500 is still quite a bit of money so to make a big profit from bitcoin right now it won't be possible but to get to 50% to 100% it may take a few years.
Except a few years ago you invested $500, of course now there is already a profit of around 50% of your capital.

If you don't want miss the train a second time, the best moment to buy bitcoin is now. 500$ looks a very low amount of money if you are going to invest that only once, what means it's hard to expect a big return in some years.

Some expect bitcoin will hit ATH and start a new bull run only between 2024-2025. Considering that, it's likely you will see 50% profit over your initial investment up to few years. That is, 250$ only. Then you should consider investing more...

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 ?

over the years I have understood that owning or buying bitcoin is not so much an "investment" but more a new way of thinking.

because it is not trivial to use a deflationary system, without central entities, which is self-governing, which works 24 hours a day without the need for intermediaries, where all users are the same, a system that allows you to do many things. it is not a speech that you can relegate only to a mere investment ...

imagine, one day you go to the ATM and you can't withdraw! you try to make a transfer and your bank is offline! your government devalues the currency, or so many other events that in reality (depending on where you live) are not that unlikely at all.

this technology allows you above all to be ready for the unexpected. in my opinion it also allows you to rssere free

I did something similar about 7 years ago, and also around 2 years ago as well. The one that I did 7 years ago was a bit of risk that I took, I needed the money, I really needed it, I had so much debt and I was in a terrible situation in life. Then I quit my job and worked in crypto industry a bit more and during the 2017 peak periods just sold all of them and got myself to a great economical situation.

I wasn't rich or anything, but I wasn't in poverty anymore. After that I just started working normally, still in crypto and remote work, but took me about 2 years to get back to saving some money and put that into bitcoin in 2020, as we all know that has been a great deal so far. Ever since 2020 I have been putting up some money every month into crypto.

I though this is about the price prediction of Bitcoin which you predict for a dump price, And I read it again to understand your real concern here. Well, if you have that capital and just hold it for more years then Bitcoin is a good option for that especially if you want to invest without doing anything. Monthly investing are also ideal, but if you have a tight budget better to create strategy so you can adopt the opportunity and make money.

Your plan is a good one, so far your investing with the money you can afford to loose and I believe this benefits you since your are going for a long run and also with the halving that is going to take place in 2024 , therefore if we have every fundamentals and technical in Bitcoin's favour, that will be a smart investment strategy for you. Though you didn't specify how your going to buy the btc weather it's $500 each month from now or each Year from now?.

The OP is quite modest with its long-term forecast, as it predicts that by 2030 the price will not reach even $200 000, which means that its $500 will then be worth less than $2000. Of course, he didn't specify his exact plan, whether it's $500 a month or maybe that much every year until 2030.

I always say that money is not the only thing that matters in such decisions, because it is easy to buy - but to keep it in the right way and resist the temptation to make a profit is a difficult thing.

Bitcoin historically was a very good investment if the investor did hold for at least 3-4 years. Of course, the more the merrier.
On the other hand, please decide for yourself what you do with your money. On a Bitcoin forum clearly the main trend will be "good, go for it, invest"

I will touch other topics too:
1. Be careful where you buy from, go for reputable platforms.
2. Be careful with the fees. And especially if you buy from a centralized exchange, be careful at the withdrawal fees, which tend to be big. This is important especially if you decide to DCA or, anyway, buy more batches.
3. Learn how to safely configure and use a wallet (since keeping the coins at exchange for long time is not advised - not your keys, not your coins). Consider buying a hardware wallet. Learn how to safely store your wallet's seed.

You search and/or can ask around for all these topics. No matter if Bitcoin turns to be a life changing investment if you find out in the worse moment that you've made a mistake and your coins are gone.


No. For a newbie this is a bad advice.
While I don't deny that altcoins can bring very good gains at times, this happens seldom, for short periods. Overall, on long periods of time, one betting on altcoins will most probably end up either with smaller gains than with Bitcoin, either completely at a loss.

I was, like you, some years ago, for half bitcoin, half altcoins investments. But the passing years have proven that the altcoins side was just an ever-decreasing bag.

     I could say it is a good decision to just end it as that since it'll be profitable anyways but it wouldn't let me rest at ease. So okay, I'm gon give you some advice that you can either use or not, whatever you see fit. Now, if it were me, I would first consider my financial standing so I can be fully aware howuch capital can I use to invest and not be worried about if lost or can be ignored for years. Then, after being able to know the total capital I can spare, I would then divide it in half. The half, I will keep in case of dips so I can still buy and have better average in my investments, the other half, I will not invest entirely on bitcoin. Heck, I might not even invest on bitcoin the majority. Reason for being is that I want bigger gains in the long run and bitcoin or Ethereum (although can go up in price in the coming years) won't be able to give so much profits. Would be better off investing on some other coins in the top 20 after you do some thorough research about the best coins. This is, considering that you have low capital basing on the $500 you mentioned. Well then, this has become longer than expected but no problem. I hope this helps.