Bitcoin

Arthur

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 <p>Bitcoin (BTC) is one of the best-performing financial assets of the last decade. In 2011, the original crypto was trading for about $12. Fast forward to 2023, BTC’s price has risen by about 230,375%. Many early investors turned small investments into multi-million fortunes. One of the best examples is Erik Finman, who invested $1,245 in BTC back in 2011 when he was only 12 years old. By the time Finman was 18, in 2017, his initial investment turned into a whopping $2.07 million.</p>
 <p><strong>Also Read: Bitcoin: Here’s How a 12-year-old Became a Millionaire</strong></p>
 <p>Many investors still wonder if they can still make it big with Bitcoin (BTC). Although BTC has been around for more than a decade, we are still in its early phases. Some experts anticipate BTC to go beyond the $100k level, while others believe BTC will breach $1 million.</p>
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 <p>According to Changelly, BTC could reach $1 million by 2032. Investors would only need to hold one BTC to be a million at this level. The price of 1 BTC is currently trading at around $27,600. If it reaches $1 million, it would translate to a growth of 3523.19 %. Although it is still possible to be a millionaire with BTC, the initial investment would most probably be a lot larger than those who invested during the coin’s infancy.</p>
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 <h3 class="wp-block-heading" id="h-will-bitcoin-reach-1-million">Will Bitcoin reach $1 million?</h3>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="676" src="https://cdn.thebittimes.com/images/2023/10/12/2191f6ae7db1960275dda4e536cfc77b.webp" alt class="wp-image-107228" srcset="https://cdn.thebittimes.com/images/2023/10/12/2191f6ae7db1960275dda4e536cfc77b.webp 1024w, https://cdn.thebittimes.com/images/2023/10/12/2191f6ae7db1960275dda4e536cfc77b.webp 300w, https://cdn.thebittimes.com/images/2023/10/12/2191f6ae7db1960275dda4e536cfc77b.webp 768w, https://cdn.thebittimes.com/images/2023/10/12/2191f6ae7db1960275dda4e536cfc77b.webp 380w, https://cdn.thebittimes.com/images/2023/10/12/2191f6ae7db1960275dda4e536cfc77b.webp 550w, https://cdn.thebittimes.com/images/2023/10/12/2191f6ae7db1960275dda4e536cfc77b.webp 800w, https://cdn.thebittimes.com/images/2023/10/12/2191f6ae7db1960275dda4e536cfc77b.webp 1160w, https://cdn.thebittimes.com/images/2023/10/12/2191f6ae7db1960275dda4e536cfc77b.webp 1280w" sizes="(max-width: 1024px) 100vw, 1024px">
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   Source: Bitcoinist
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 <p>There is a lot of support for the notion that BTC will eventually reach $1 million. Former CEO of crypto exchange BitMEX Arthur Hayes recently said in an interview that BTC could reach $1 million by 2026.</p>
 <p>Moreover, there is a growing interest in BTC among institutions. BlackRock, the largest asset manager in the world, made headlines when it applied for a spot Bitcoin (BTC) ETF (Exchange-Traded Fund). Although the U.S. SEC (Securities and Exchange Commission) has yet to approve the application, many industry experts anticipate the application to follow through.</p>
 <p>Furthermore, BTC is increasingly becoming a safe haven for people who want to escape the falling value of fiat currencies. While many opt for gold, some have taken an unconventional route of investing in BTC instead.</p>
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  <li>bitcoin</li>
  <li>btc</li>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/bitcoin-is-it-too-late-to-become-a-btc-millionaire-tbt66011.html">https://thebittimes.com/bitcoin-is-it-too-late-to-become-a-btc-millionaire-tbt66011.html</a></p>

Bitcoin: Is It Too Late To Become a BTC Millionaire?

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