How to make $100,000 with Bitcoin in 6 months
Note: All bitcoin price comparison in this article have been done using everycoinprice.
You would have heard stories about early investors making a million to some a billion dollars using Bitcoin, like the story below by nasdaily
If you have invested $100 in Bitcoin on Dec, 2020(6 months ago), It would have become $350 in April,2021 and its current value would have been $200. As Bitcoin’s price went from ~$20,000 in Decemeber,2020 to ~$60,000 in April, 2021. Source: Everycoinprice
Crypto market is volatile and any investment you make should be done using careful analysis. But, there is the other side of the coin as well, where people have seen 10,000% returns in their crypto investments.
Like, if you have invested $100 in June,2020 (a year ago). It would have become ~$750 in April,2021 when Bitcoin was at its all time high of $64854. Source: Everycoinprice
So, Coming back to the original question. How can you have made $100,000 in 6 months using Bitcoin.
So if you’ve invested close to $33,500 in December,2020 in Bitcoin (6 months ago). You would have received $100,000 in United stated dollars in April, 2021, if you have cashed out. But not to worry, As speculation says that Bitcoin’s price is going to rise even more in the coming years. But only time will tell the truth.
This article does not offers any financial advice and any decision you undertake by reading this information, is your own responsibility