Ever wondered how seemingly modest investments in cryptocurrency can lead to substantial wealth? Let's break it down using a hypothetical scenario.
Consider the average Bitcoin holdings of individuals, estimated at around $500. Now, imagine you've made a relatively small investment, let's say around $3,000, into Bitcoin.
Using this chart, we can illustrate the percentage difference in wealth between you and the average Bitcoin holder:
Your BTC Holdings: Around $3,000
Average BTC Holdings: Approximately $500
Now, let's dive into the math. By subtracting the average BTC holdings from your own and then dividing by the average, we can determine the percentage difference:
Percentage Difference=(Your BTC Holdings−Average BTC Holdings Average BTC Holdings)×100%Percentage Difference=(Average BTC Holdings Your BTC Holdings−Average BTC Holdings​)×100%
Plugging in the numbers, we find:
Percentage Difference=(3,000−500500)×100%Percentage Difference=(5003,000−500​)×100%
Percentage Difference=(2,500500)×100%Percentage Difference=(5002,500​)×100%
Percentage Difference=5×100%Percentage Difference=5×100%
Percentage Difference=500%Percentage Difference=500%
Surprisingly, your investment of just $3,000 catapults you to a staggering 500% more wealth in terms of Bitcoin holdings compared to the average individual.
This simple example demonstrates the transformative power of even small investments in the world of cryptocurrency. With patience and strategic decision-making, even the smallest of investments can lead to significant gains in the long run. 🚀💰 #CryptoWealth #InvestmentJourney
https://www.blockchain.com/explorer/charts/total-bitcoins
https://www.statista.com/statistics/1337097/crypto-ownership-usa-age-gender/
📊 Embarking on My Crypto Journey:
As I embark on my personal quest to gauge future competition and potential wealth in the crypto arena (hoping to escape my current state of pennilessness!), let's dive into the numbers. Disruptive Fine Art is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.