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

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.


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.

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.

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.

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 .

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.

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.

Before letting your $500 sleep on your wallet for much longer times maybe try to consider the things needed to put some attention since there are more investments exist at the moment which can make your $500 grow and provably that amount can multiply for more that years if you use it on right investment also with proper using it on right cause. But if you cannot risk that amount for now then maybe what you think might right since in the end you are the one who can decide on your money.

DCA if you're having a hard time deciding on how to invest or if you can't invest fully to the market. It's a rather great option, especially if you're new and you don't want to miss out on the trend, granted that it probably has lower profits from day traders, at the very least, it has a higher chance of making you profit without making that much of a loss. Since you're looking at the long term, I don't think it'd matter much if you entered now or later imo. Just try to spread your portfolio later on in the game.

What do you mean, buy with $500 worth of bitcoin and then hold on it till 2030?

It could be a good strategy, but let me tell you that you might get tempted if let's say the price hits a new all time high in 2024-2025 and seeing your money grow at that time.

Another is, if you are going to hold on it, better put it in a wallet wherein you have total control of it and back the seed and the private key and keep it safe till 2030.

when you have thoughts like this, from now on guard your wallet carefully, close all access to bitcoins and go back to your previous life.
because as far as understanding in making long-term investments without thinking about risk is to forget everything and return at the time you have set so as not to miss the train.

I don't think given the current state of the crypto market it's worth it or not to invest $500 in Bitcoin, however, if you ask me personally, Obviously I'm saying right now it's not a good thing to do, maybe the end of 2022, most likely worth considering.

I salute you for your interest in investing in Bitcoin, that's normal and quite good, but I think you should be a little patient and monitor the market situation at the end of this year, maybe we all don't want $500 capital in the next two or three months to be $300.

In general, invest in approximately 9 years from now, a very long time, if I suggest just target your investment it takes at least 3-4 years and buy Bitcoin when the price is really cheap and have a little more Bitcoin than the current price.

Try this. Forget about the $500 worth of Bitcoin that you bought. Write it in something that you will go back and check it again at a designated date.
Now, that's HODL. You don't need graphs on that or even analysis, you just trust the process.
If you really think Bitcoin will soar that high then you don't need to worry about anything. I am trying to do that now and I just have the receiving address of the kept BTC because I want to add more on that vault for the future. There will be a time I may say to myself it is enough, and that's when I will stop.

But I don't quite understand your picture. Well, what I do understand is that you predict that the price is going to go up, but you don't see what that $500 will supposedly turn into. It would be interesting if, as cryptoaddictchie asks, you clarify if you plan to do DCA or not. I do recommend you do DCA apart from the initial investment, and that is what I do. Just think if the price goes from $50K to $200 after all those years, you will only have $2K. If you add what you can weekly, even if it's $10, or monthly, little by little the ball will get bigger and you will end up accumulating a good capital in relation to your purchasing power and saving capacity.

Do not buy in one go I think BTC will still go into bear season phase and it's possible to see this coin at 10k+ again so use dollar cost average to get your hands on more satoshis in any way.

Bitcoin could be moving fast with the next 5 years, and who knows what will it be its value on that lifespan. Of course we can speculate it but be ready to the result cause its not always in our favor if we invest the money and suddenly a big drop happened.

That 500usd is big are you gonna dca it in particular time? Or one time bought only and wait for bitcoin pump after 5 years?

bitcoin is the right choice for long term. but, before you plan to invest in cryptocurrency/bitcoin requires in-depth analysis, understanding the risks, patience, etc.
on the other hand of course anyone has every reason to believe that bitcoin will be able to reach some of your desired price targets. However, what if you currently need to use your savings funds (the $500 you put into crypto) for something important.

so, the point is Understand all the risks associated with investing, managing your finances, and always reconsider before you actually plan to put your money in crypto. This is not a joke so you have to be serious. We can't just say "hey put your savings in bitcoin" even how optimistic we are on the future of bitcoin.

The first rule of investing is risking why you can afford to lose. So you should check if $500 is an amount you can afford to lose, although, I would assume with the fact that you have a long term goal that it's an amount you do not need at this point (spare money).

Before you consider imvesting, you should do your research on how to invest;
• Safety is the most important aspect of investing, choose the right wallet software or hardware to use and remember to back up safely.
• You will also have to learn to browse safely and avoid scams

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.