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Is Bitcoin a Millionaire-Maker?

TheMotleyFool 
0 0 26.09.25
Is Bitcoin a Millionaire-Maker?:
 

Bitcoin (CRYPTO: BTC) has been on a tear lately, with its value rising rapidly as investors grow increasingly optimistic about cryptocurrencies in general. The recent optimism comes from years of Bitcoin's rising value, which is up 500-fold during the past decade.

The astronomical gains Bitcoin has made during the past 10 years have no doubt minted millionaires. If you had invested just $2,000 in Bitcoin a decade ago, you would have nearly $1 million today. So it's reasonable for investors to wonder if Bitcoin can mint more millionaires?"

Although I think Bitcoin could prove to be a good long-term investment in the coming years, I'm skeptical it will have the same ability to make millionaires during the coming decade. Here are three reasons why.

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Source Fool.com

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