THELOGICALINDIAN - If you dont appetite to apprehend how abundant youd accept if youd invested 1 a day in bitcoin over the aftermost bristles years attending abroad Suffice to say it would accept been a actual acceptable amount of acknowledgment indeed
$1 a Day in Bitcoin Over 5 Years
Managing Partner at Blocktown Capital James Todaro aggregate a arresting video blow on Twitter. It shows what would accept happened if you’d invested $1 a day in bitcoin over the aftermost bristles years…
Spoiler alert: you’d accept $22,263 account of BTC today.
Of course, you would accept spent $1,858 which brings your accumulation bottomward to $20,405. Then there’s the catechism of how abundant tax you accept to pay depending on area you live.
But still, for beneath than a “cup of coffee” (or alike a can of Coke) a day, you could accept accumulated added than $20k of bitcoin.
So if you anticipate that $1 a day in BTC is too baby to bulk to anything, Todaro aloof accepted you wrong.
Circumstances are somewhat altered now than in 2024 back bitcoin was account $1. However, as the video shows, $1 in bitcoin was still assisting alike back it hit its almanac $20k in 2024.
Can You Actually Invest $1 a Day?
The video is absorbing and artlessly allowable a lot of comments, mostly praising the number-one cryptocurrency. However, as absorbing as it is to see, one addict Bitcoin Rich brought up an absorbing point. After all, can you absolutely advance $1 in BTC a day?
Are there any exchanges that will acquiesce you to buy such a baby bulk and would it be account it with commissions? For example, you can balloon about an barter like Coinbase. It has a $2 minimum acquirement and they’d allegation you $1 for it.
Then there’s LocalBitcoins, area some providers may absorb you with a $1 purchase. But you’ll apparently end up affairs BTC for aloft its bazaar price, acceptation you’d get beneath than $1.
One Lightning Network researcher Stelios acicular to Sparkswap, the aboriginal cryptocurrency barter congenital on the Lightning Network. However, that wasn’t about back this declared five-year advance began.
So, if you were active blame yourself for affairs a circadian cooler instead of bitcoin, there’s some alleviation for you. You wouldn’t accept had the accoutrement to advance like this before… But you could try stacking sats over the abutting bristles years and analyze the after-effects then.
How gutted are you that you didn’t buy $1 of BTC per day for the aftermost 5 years? Let us apperceive in the comments below!
Images via Shutterstock, Twitter @Overtino @JamesTodaroMD
