3 Undeniable Reasons Bitcoin Could Be a Millionaire Maker
Bitcoin (CRYPTO: BTC) has emerged as one of the most compelling investment opportunities of the past decade. Investing in the coin has already made many people into millionaires, and for some of the early adopters, even billionaires.There is still plenty of upside with this opportunity. It could even make you into a millionaire, under the right conditions and with plenty of patience. Here's why Bitcoin's unique combination of scarcity and growing demand makes it an attractive long-term investment.There will never be more than 21 million Bitcoin, and roughly 19.9 million (95% of the total) are already in circulation, which is to say that they're in someone's wallet instead of waiting to be mined and distributed. About 20% of those coins in wallets (an estimated 3.7 million) are gone forever, either because they've been burned or because they're in lost wallets, slicing the coin's floating supply even more.Continue reading
Bitcoin (CRYPTO: BTC) has emerged as one of the most compelling investment opportunities of the past decade. Investing in the coin has already made many people into millionaires, and for some of the early adopters, even billionaires.
There is still plenty of upside with this opportunity. It could even make you into a millionaire, under the right conditions and with plenty of patience. Here's why Bitcoin's unique combination of scarcity and growing demand makes it an attractive long-term investment.
There will never be more than 21 million Bitcoin, and roughly 19.9 million (95% of the total) are already in circulation, which is to say that they're in someone's wallet instead of waiting to be mined and distributed. About 20% of those coins in wallets (an estimated 3.7 million) are gone forever, either because they've been burned or because they're in lost wallets, slicing the coin's floating supply even more.
