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Could Bitcoin Make You Millionaire?

Written By: Patrick Ogunnaike on May 6, 2017 No Comment

The simple answer seems to be yes.bitcoin, btc

But what is Bitcoin? By now most of us have heard snippets from news outlets once in a while but very few people really know Bitcoin is and why many people are getting so excited about it and other crypto currencies.

Putting it way too simply, Bitcoin is an online currency and payment system that allows people to transfer funds without any intermediary source such as a bank. It’s an “open-source” system meaning that no one individual, country or government owns or controls it. Hence the power it has and danger that it represents to our existing currency systems.  With Bitcoin you can transfer funds from anywhere in the world to anyone online, anonymously within minutes. All both parties need is access to the internet.

It was only released in 2009 and has slowly been adopted by more and more people and businesses as a method of payment.

You can buy or sell Bitcoin very similarly to any other currency simply by converting your local currency to Bitcoin. As such the value of a Bitcoin fluctuates just like any other currency. The exciting thing though is that although Bitcoin value has soared and crashed in the past it has more recently been reaching new more stable highs over the last 12 months. Due to many factors such as more and more governments beginning to accept it as a viable alternative currency, and the fact that the number of Bitcoin that can ever be produced (known as Bitcoin mining) is limited to 21,000,000. Bitcoin value is expected to continue to skyrocket.
Think about this…

In July 2010 a Bitcoin was worth about 8 cents, as of the date of this writing 1 BTC is valued at $1580.00USD ($2160.08 CDN).  There’s even a story of a man who purchased 5000 BTC in 2009 for just $27.00 and forgot about it.  By today’s calculation this man’s investment would be worth $7.9 Million!

The point is that the value has grown dramatically with some such as Jeremy Liew, the first Snapchat investor, and Peter Smith, the CEO and cofounder of Blockchain.info predicting a value as high as $500,000 per bitcoin by 2030. So for those who are just getting involved in Bitcoin rest assured you’re not too late.

The bottom-line is that there is tremendous potential in Bitcoin that any “average joe” can take advantage of. You don’t have to invest tens of thousands into Bitcoin, just focus on trying to get at least 1 BTC in your portfolio.

Could it make you a millionaire? Yes it actually could in the long-term.

I started learning about Bitcoin in 2016 but took no action (back then 1 BTC was just about $600USD). I finally pulled the trigger and began purchasing Bitcoin this year when it was work about $1000 USD.

So the bottom-line obviously I wish I’d started earlier,

Personally, I initially purchased just 0.5BTC, but luckily I’ve also discovered a way to double my Bitcoin every 90 days by taking advantage of an opportunity to buy contracts to have my Bitcoin traded similar to FOREX.

I’ve since purchased a contract of 1.0BTC which is producing 0.17BTC per week or $263.33USD and I’m on track to accumulate up to 13BTC in about 18 months. No selling or recruiting required.

Check out my detailed review of this program click HERE and go to FaceBook.com/enlightenedentrepreneur, become a fan and private message me.  Title your message, “How to double my bitcoin:?”

For those struggling to understand what all the fuss is about with Bitcoin I hope this article makes things a bit clearer.

To your success,

PatrickOgunnaike.com

 

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