Bitcoin is digital currency and most used cryptocurrency. If you invest in bitcoin then is your chance of becoming millionaire is increase ? All of your doubt will be clear in this blog so stay tuned.
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Bitcoin’s price collapse creates opportunity to buy more BTC.When AngeloBTC, BitMEX‘s ex-top trader tweeted that Bitcoin would dip into the $6,000 zone on October 15, most of the traders were skeptical and asked him to delete the tweet
Considering the growing fundamentals of Bitcoin, it is necessary to have a more generalized approach towards the wealth one needs to accumulate in BTC.
Bitcoin’s total supply = 21 million
Global Wealth
Bitcoin’s absolute penetration = $317 trillion
B-WIT = (1 million/317 trillion) x 21 million
So the value after calculations is B-WIT=0.06624
It means you need this much amount BTC for stay a millionaire.
Kemper stated
to insure 1M USD worth of wealth in the world you should buy 0.06624605 BTC.
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