Tuesday was bitcoin’s 15th birthday.
And if you were one of the lucky people who bought in when it was born, you have a lot to celebrate…
On October 31, 2008, Satoshi Nakamoto released his groundbreaking paper entitled “Bitcoin: A Peer-to-Peer Electronic Cash System,” to the world.
Since it first started trading on an exchange, the world’s oldest crypto is up a mind-boggling 3,460,557,670%.
That’s enough to turn every $1,000 into $34.6 billion
Of course, very few people got in at the beginning.
If you bought bitcoin when Daily editor Teeka Tiwari first recommended it in April 2016, you still would have seen a peak gain of 16,021%.
That’s enough to turn every $1,000 into $161,215.
But even if you just started buying bitcoin just a year ago, you’d still be sitting pretty.
In a video post that has gone viral, one Redditor said he earned a 41% return investing $5 into bitcoin every day for one year.
According to the Bitcoin Magazine…
After 365 days of investing $5 per day, the Redditor accumulated a total stack of 0.075 Bitcoin. The average purchase price stood at $24,108.58, while the current price of bitcoin was $34,158.20.
The total expenditure over the year amounted to $1,825.00, and the current value of the investment was $2,585.75, yielding a net change of 41.68%.
The Redditor also noted that they accounted for the 0.5-1.0% spread on each of their purchases, meaning the gains remained after adjusting for fees.
That’s the power of investing in bitcoin.
Now that it’s entering a new bull market, Teeka believes bitcoin could hit $500,000 this cycle. That’s a 1,353% gain from here.
Based on its limited supply and the upcoming bitcoin halving, some forecasters foresee $1 million bitcoin ahead.
So you should absolutely buy some bitcoin. Like, right now…
That’s because Teeka believes an unprecedented event scheduled for this month will trigger the Final Collapse of the U.S. dollar.
This coming event is one of the reasons he’s moved millions of dollars of his own money into bitcoin.
But according to Teeka, the biggest gains during this Final Collapse won’t come from bitcoin.
On Wednesday at 8 p.m. ET, he’ll pull back the curtain on this event… and reveal the asset that will skyrocket.
The last time the dollar had a similar crisis, Teeka’s readers had a chance to make 27 times… 56 times… and even 850 times their money – in less than two years.
If you’re a proud owner of bitcoin, pop a bottle of Moët & Chandon Imperial Brut to celebrate its birthday. (If you’re an early adopter, I’m sure you can afford it.)
And then click here to reserve your spot for Teeka’s special briefing and learn which asset will skyrocket.
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Regards,
Chaka Ferguson
Editorial Director, Palm Beach Daily