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Topic: Will owning 0.01 BTC really make you rich? - page 3. (Read 2777 times)

full member
Activity: 196
Merit: 270
February 27, 2022, 01:35:53 AM
If you go through the past than you will shake you head in the answer of yes.
In 2010 what was the value and what is now. And what will be in future?
So this can make you rich. Owning 0.01
full member
Activity: 1134
Merit: 105
February 27, 2022, 12:40:45 AM
If Bitcoin reaches a price above $100K, maybe yes you will be rich, but it won't take long if you don't use it wisely, it will just flow out.
Talking about its value, 0.01BTC wouldn't be worth it here if we didn't convert it to Fiat, and I think it's the same in most areas that don't yet accept Bitcoin as a legal currency.
So my answer to this discussion is, 0.01BTC can make you rich if you play the money wisely.

Today this 0.01 btc did not look a big amount but one day it will be enough to count you in the rich people if you have it. Think of 1 bitcoin price in 2015, if you had 1 bitcoin since 2015/16 you are not among the millionaire.
The same will happen with 0.01 btc in next 10 years.
hero member
Activity: 3178
Merit: 661
Live with peace and enjoy life!
February 27, 2022, 12:31:40 AM
In my own opinion,owning 0.01 bitcoin will be considered as a rich person.For the average people, that amount is too big/huge for them.Holding one bitcoin is definitely a life changing profits.But for some people who are already rich, one bitcoin is just a normal amount.Thats why they keep on buying more bitcoins to become more filthy rich.
legendary
Activity: 1526
Merit: 1359
February 26, 2022, 05:49:30 PM
My goal is to make 1BTC by the end of 2023. At the moment I'm 0.xx+ BTC short but I'm making progress.
It is impossible to predict where the price of BTC will go in the future, but I believe if I can make 1BTC before the end of 2023 I will consider myself successful. I know it will not be easy, but I do believe that I will be able to do it. Why 1BTC? Because I believe it will have a life changing effect on me.
member
Activity: 119
Merit: 46
February 26, 2022, 11:57:43 AM
Back on 2013 when BTC was under $100 as of today's price you wanna buy 0.01 BTC which will cost you almost $400. Just thhink about its in $400 you coud buy 4 BTC in 2013 and todays market 4BTC worth of 160k If I calculate in ATH it was $360k which is almost half million dollar. In that time no was able to sure that BTC could gain such a huge amount but some people still hold some btc . If you think about this scale well it's possible in future. But if you think when it will become reality it wont happen. Belive me time not get passed when you just wait for something.

My suggestion is buy small and leave it to your cold wallet your grand child may findoout history.
legendary
Activity: 2758
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February 26, 2022, 11:47:40 AM
if we bought 0.01 Bitcoin in 2010 maybe by now it has made us rich, and we must understand the definition of rich, I mean rich is getting big profits from the small capital we spend.
for now it is very possible to become rich in the future by only having 0.01 BTC because as happened 10 years ago the price of BTC is very low when compared to now, and if the next 10 years will repeat itself, why not for us who rich with only 0.01 BTC.
if so, think 10 years from now, it might have the same or even greater potential. however, I still feel that 0.01 bitcoin is hard to make us rich. at least, at least we have 0.5 bitcoin for it. Well, everyone has a different perception. for some, that 0.01 bitcoin may be enough. the highest price i can imagine is 1 million bucks, even with 0.01 bitcoin, i think it's still lacking. however, if you have 0.5 bitcoins, you have $500k if the price is reached. however, if it is actually achieved.
full member
Activity: 1316
Merit: 126
February 25, 2022, 04:58:50 PM
I've read a few articles on the web which indicated you could get rich with just 0.01 BTC. At first, it seemed crazy to me considering that Bitcoin is still below $1m. But then it started to make sense after knowing that the pioneer cryptocurrency was designed with deflation in mind. Each halving had a positive effect in BTC's price, so one would guess the next one will lead us to a BTC worth more than $100k. To become a millionaire with 0.01 BTC, the price of one Bitcoin must be $100m. Prices are still volatile, so I'm having my doubts whenever I'd really become rich with just 0.01 BTC or not.

What do you think? Is it really possible to become rich with 0.01 BTC in the future? If not, why? Your input will be greatly appreciated. Thank you very much. Smiley
Of course this is very dependent on the price of bitcoin, to get rich with 0.01 btc the bitcoin price must reach at least $ 1 billion, the question is is it possible to reach $ 1 billion? the most important thing is that with bitcoin we can get extra money even though it doesn't make us rich.
In my own opinion, this could take time within maybe 15 to 20 years to become rich.Many people have already become absolutely super wealthy rich from holding bitcoin.If you buy today the key is not to sell.The key is to hold it for the future.I think that 0.01BTC big step for everyone to become rich.

But in some point,0.01BTC is already a life changing.. You'll not become quickly rich, but it can make your life easier.. You can actually buy a house with that amount. Or you can start for a new business.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
February 22, 2022, 01:11:04 PM
0.01 btc can make you milionare depending upon how long can you hold it and how fast bitcoin prices move up. I personally not aiming at 0.01 btc. I am just collecting all the bitcoin fromwhere ever i can and keep them save from long term. I am sure that my saved bitcoin will help me a peaceful life after retirement. Think big, thing for long term and you will realzie that every satoshi saved, is something worth a lot more than you can imagine.

If Bitcoin's price keeps rising, then it's probable anyone can become a millionaire with 0.01 BTC in the future. Most early adopters will hold more than that, making them multi-millionaires. I wouldn't care that much about the price relative to Fiat, since Bitcoin is all about utility. As long as it does its job well by being a decentralized cryptocurrency anyone can use without restrictions, nothing else matters.

With increasing adoption of Bitcoin worldwide, it's probable we'll end up paying directly in BTC instead of converting it to Fiat (USD, EUR, etc.). If that happens, then everyone in Bitcoin will become extremely wealthy. Who knows how the future will look like with Bitcoin and Fiat in play? Just my thoughts Grin
legendary
Activity: 2912
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February 20, 2022, 08:24:19 AM
Everything depends how the Bitcoin price will develope with time. But I think when we talk about Bitcoin it's very hard to predict how much coins one should own to become rich because of high volatility.
However, my advice would be to accumulate as much Bitcoins as you can and there is absolutely no guarantee that you will become rich but you will definitely have some valuable asset that might be your financial back up and some kind of safety.
full member
Activity: 1134
Merit: 140
February 20, 2022, 08:01:16 AM
I don't think 0.01 will make you rich because you will need very, very high gains to get rich and I don't think it's possible for bitcoin to go up 100x or more that's absurd.
Very very high gains look exaggerated even for btc and when I hear that phrase I automatically think that btc needs to touch over a million dollar and I do not think that is possible already. We are going to get old and maybe be gone in this world but btc value is still not high half way on that amount however a high gains can be realistic. High gains can be 100x or 200x and yes I'd say it again, it is possible.

Maybe it will not happen in a consistent way if that is what your thinking but we can do it one at a time  or let say after btc hit a new ATH, we can sell and take profit and then when the value drops we can buy again and wait again for another recovery or ATH. repeat the process.
member
Activity: 812
Merit: 53
February 18, 2022, 11:59:28 AM
Now, price of bitcoin is near 40,000$. So, if you are holding 0.01btc. Now, its worth becomes only 400$. It is not a big investment my brother. But if you know how to make profit from this amount then you can make thousand of dollars from a little amount. Your skills are more important.
You can also become rich if you invest this amount in a strong project for one to 2 year and it becomes 50X or even 100X. In this way, you will get a good profit and become rich. There are lot of projects that gives more then100X profit in bull run.
full member
Activity: 1190
Merit: 108
February 18, 2022, 11:09:16 AM
If Bitcoin reaches a price above $100K, maybe yes you will be rich, but it won't take long if you don't use it wisely, it will just flow out.
Talking about its value, 0.01BTC wouldn't be worth it here if we didn't convert it to Fiat, and I think it's the same in most areas that don't yet accept Bitcoin as a legal currency.
So my answer to this discussion is, 0.01BTC can make you rich if you play the money wisely.
hero member
Activity: 2366
Merit: 594
February 16, 2022, 12:23:28 PM
I don't think 0.01 will make you rich because you will need very, very high gains to get rich and I don't think it's possible for bitcoin to go up 100x or more that's absurd.


While we are unsure of the future, it is possible that the price of bitcoin will increase by that much. However, if we are talking about 0.01 BTC from the current price, I would say that it does not make you wealthy, but as you can see, you can add it to your personal wealth and then invest it into something where the price of bitcoin will double over time, and you will profit from it. It will not make you wealthy at this time, but if you invest it, you stand a good chance of becoming wealthy in the future.
hero member
Activity: 2282
Merit: 589
February 16, 2022, 12:06:52 PM
What do you think? Is it really possible to become rich with 0.01 BTC in the future? If not, why? Your input will be greatly appreciated. Thank you very much. Smiley
Whether having 0.01 btc or 1% of accumulated 1 btc in the wallet can increase the wealth stratum to become a billionaire even if the bitcoin price has reached $1 million, only having an estimate of $10k and even then can not enter me into the list of new rich, if 0.01 btc alone can convince will be very valuable in the future then at least 0.1 btc should be kept until bullish $100k first.
legendary
Activity: 3136
Merit: 1172
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February 15, 2022, 11:24:04 PM

Based on the circulation supply, the total is 18,944,831.00 BTC, which means 1% of it is 189,448.31.. that's too much money, you'll be a billionaire already if have to that kind of btc in your wallet. 1 btc is already enough for long term, it will certainly make you rich as bitcoin is destined for success and the demand will increase overtime.
Today I read somewhere that the President of El Salvador says something similar. The essence of his words is that there are more than 50 million millionaires in the world, and when everyone of them wants to own one bitcoin, they will not be able to buy even 1 BTC, and in this case, demand will send the price to the moon. There is a reasonable logic in his words, but so far this is not happening, and not all millionaires want to own bitcoin. Smiley

I think that 0.01 btc will make us rich, I am pretty confident of that. But the real question is "when". Maybe our sons not directly us will appreciate this aspect, this secondo revolution. It's like another 1000x for something that started from zero.
I mean, we need a lot of time to see this change...  Meanwhile we can appreciate bitcoin for what has been created.
A strong and unique alternative to FIAT money system. This is the real bargain offer that has no price Wink if you know what I mean...

0.01 btc can make you milionare depending upon how long can you hold it and how fast bitcoin prices move up. I personally not aiming at 0.01 btc. I am just collecting all the bitcoin fromwhere ever i can and keep them save from long term. I am sure that my saved bitcoin will help me a peaceful life after retirement. Think big, thing for long term and you will realzie that every satoshi saved, is something worth a lot more than you can imagine.
sr. member
Activity: 2422
Merit: 267
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February 15, 2022, 09:27:54 PM

What do you think? Is it really possible to become rich with 0.01 BTC in the future? If not, why? Your input will be greatly appreciated. Thank you very much. Smiley
there is always an opportunity to enjoy the abundance of 0.01 bitcoin values ​​that have been stored, but it may take time to be realized. because as we know bitcoin will always increase after the halving is done so every time it is ensured that the increase is also quite significant.

it would be wiser if every time there was an opportunity to increase the amount of bitcoin value by saving in installments little by little, then without realizing the value of 0.01 bitcoin you will be able to become 1 bitcoin when the price has increased.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
February 08, 2022, 07:22:46 AM
0.01 bitcoin today is just about $400 in value and that is nothing to make anyone rich, even in the third world poor countries. If we are looking at that and hoping it will become possible in the future then that will have to be after bitcoin has done its halvings for 5 times or more. That is 5 multiplied by 4 and that is 20 years from now. It is going to be a long wait to come. Anything can happen before that 20 years wait. Bitcoin can even lose its importance too before then.

0.01 BTC may be nothing today, but it will be in the future as Bitcoin continues to reach new All-time-highs. The fact that the cryptocurrency is deflationary, tells us that it should become more valuable over time. Of course, nothing is guaranteed in this world. For what I know, the crypto market is purely speculative. If Bitcoin is maintains high demand, you can bet 0.01 BTC will make you filthy rich in an instant. Most of us will probably have more than 0.01 BTC so there's that. We're going to have to see what will happen with Bitcoin's price after each halving. Just my thoughts Grin
sr. member
Activity: 1960
Merit: 329
February 05, 2022, 09:43:44 AM
What do you think? Is it really possible to become rich with 0.01 BTC in the future? If not, why? Your input will be greatly appreciated. Thank you very much. Smiley

0.01 bitcoin today is just about $400 in value and that is nothing to make anyone rich, even in the third world poor countries. If we are looking at that and hoping it will become possible in the future then that will have to be after bitcoin has done its halvings for 5 times or more. That is 5 multiplied by 4 and that is 20 years from now. It is going to be a long wait to come. Anything can happen before that 20 years wait. Bitcoin can even lose its importance too before then.
jr. member
Activity: 86
Merit: 1
February 05, 2022, 09:15:22 AM
I think it largely depends on one's definition of "rich". If you live in a country where you make a few cents an hour, then 0.01 BTC will probably seem like quite a bit of money. If you're making several thousand dollars per month, not so much.
member
Activity: 1162
Merit: 58
February 05, 2022, 03:50:13 AM
Yes, Owning 0.01 BTC will make me rich.because, The price of BTC will be high in the future..
Best of Luck BTC holders. Best of Luck BTC
Wrong , you must evaluate how much the btc involved to know how much it will costing if ever price of bitcoin comes to the highest 1 million dollars because look how much that 0.01 bitcoin then? 10 thousand dollars? will that amount be enough for you be become rich? i don't think so mate.
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