Why Having 0.01 BTC is a Big Deal

we have to be honest here 0. 01 Bitcoin is not going to make you rich anymore not even close you're not going to be able to buy a yacht or a Lambo any of that kind of stuff with 0. 01 Bitcoin after all 0.

01 BTC is around 1,000 bucks however you'll be in a much better position than most of the population by having that much Bitcoin and if all the crazy Bitcoin predictions come true there will probably be a time when you'll probably be a part of the global 10% at least by having much Bitcoin if you doubt it let me convince you over the next 10 minutes and decide for yourself at the end of this video if it's worth it to even go for 0. 01 BTC at this point if you're on zero a lot of people ask me this question hey Lar how much Bitcoin do you have they ask because of course they're curious or they simply want to know how they're fairing compared to another person and the best answer is not nearly damn enough gosh darn it however we need to be realistic an ordinary person like you or me doesn't have the capacity to hone thousands of Bitcoins like black rock or micro strategy or the billionaires and mega whales and all that kind of stuff I certainly don't have an EXT ra $50 billion burning a hole in my pocket here okay however that does not mean you cannot be part of the Bitcoin Club $1,000 yeah it's a relatively small amount in the grand scheme of things but it is an achievable amount of Bitcoin for the relatively average person to be able to hold okay the average hourly rate in the USA is around $28 so that means you only have to work for 35 hours to get 0. 01 Bitcoin it's crazy how fast that metric has changed so it's less than a week's work and I know most people can't afford to spend a week salary on bitcoin most people don't even have $1,000 sitting around for an emergency if they get a flat tire they're screwed but aside from $28 a day for the uh next two months that could be something more attainable for the average person and just dollar cost average on bitcoin better yet don't stop at 0.

01 Bitcoin and just keep grinding until you get to 0. 1 Bitcoin admittedly we'll probably be peing for the price sometime in 2025 so the upside is smaller compared to when you started if you'd started in 2024 or earlier 2024 of course 2023 either you do this now start dollar cost average and wait for the bare Market it's your choice but dollar cost averaging over a period of time has always worked out for me it's better sooner than later why because it gives me the assurance that I'm slowly exiting Fiat and building that Bitcoin position dollar cost averaging will teach you of course the discipline of slowly stacking Bitcoin no matter what's happening and it's the simplest way of building a Bitcoin position as well as your wealth in the crypto space over time you don't have to study Market cycle theories or Fibonacci retracements or Elliot wave theories any that kind of stuff you just keep buying Bitcoin you just need to know what Bitcoin is going to worth a lot more in the future and you need to stack as much of it as you can over the next years period think of it as saving some money in the bank for the future but instead of saving in Fiat which robs you of your purchasing power you are saving in a financial instrument that will continue to increase in value over time and you know what else is a big deal paying tax taes that can of course seriously affect your long-term gains when it comes to your cryptocurrency journey which is why I want to introduce today's sponsor which is I trust Capital they are a crypto Ira provider and they are bringing your existing Ira or 401k or whatever the retirement plan over or of course you can start a new one then you can trade as much as you want all the top coins not just Bitcoin but also have salon and ethereum and dog with hat and much much more and here's the thing because you're are wrapping your cryptocurrency trading in your retirement account you're not going to hit any taxable events which is insane now this can have a massive impact on your longterm wealth building plus they even allow for in-kind withdrawals meaning you put those coins in your pocket in the future 365 days 247 markets just like crypto is unlike Bitcoin ETF products they even let you buy physical gold and silver real stuff VI the partnership with Kito so go check it out use Link down below and see what it trust can do for you and thank you for supporting our sponsors Okay so back to it let's look at the numbers in the USA the top 20% of earners are considered to be upper class and that means that you need to be earning more than $130,000 a year but that number can be higher or lower depending on where you live and what your cost of living is obviously if you live outside the USA and reside in some uh developing country the numbers can be much much lower now as for net worth according to recent data from the Federal Reserve the top 10% have an average net worth of around 2. 65 million which is a long shot with just 0.

01 BTC if we're keeping it real here guys all right at least for any of the foreseeable cycles and probably in our lifetimes if you want a comfortable life a net worth of $793,000 is enough to put you in the upper class in the top 20% at least in America your 0. 01 BTC or even 0. 1 Bitcoin probably not going to put you in the upper class either at least not yet not for any foreseeable future years and years decades probably down the line however you have to think of Bitcoin as a seed there's nothing you can do with it but plant it and wait many investors much more resources than us believe that Bitcoin worth a lot more in the future for instance Arc invest Kathy Wood believes $3.

8 million as possible by 2030 so your 0. 01 BTC will be worth $38,000 it's not a small amount of money is it if you kept stacking were able to stack 0. 1 BTC which is a very attainable goal for the average person even at these prices then you would have $380,000 which is actually a bit of a small fortune so however you look at it that is a 3,800 return that happens in the 2030s that's pretty damn good and that beats the S&P 500 hands down and any savings account in Bank of course and I know that's not really enough to retire but if you wait some more according to micro strategies Michael sailor we could have a $13 million Bitcoin by 2045 which is like 20 years from now it's a long damn time but look that's just for the base case by the way if we get lucky the bull casee scenario is $49 million so having 0.

01 Bitcoin to be almost worth half a million dollar or having 0. 1 BTC would be $4. 9 million I know we have to factor in inflation so that would probably more like $2 million in today's money still pretty awesome though if you ask me and I know you don't want to sit around and wait to be an old gezer to enjoy your life but we have to remember the Bitcoin game is not a get-rich quick scheme it's a don't go poor slow scheme H we have of course you want Rich the rich get rich quick game we have the meme coin casino for that okay Bitcoin is different having Bitcoin is about slowly grinding until you make it 0.

01 BTC or even 0. 1 BTC is not a crazy amount the average person can do that but who says you have to stop stacking when you reach these numbers they're only every 21 million Bitcoin and about 4 million are lost forever so everybody's going to be fighting for the remaining 17 million coins aim for that one coin that one Bitcoins are golden ticket ma'am but of course most of the Bitcoin out there is already getting gobbled up by whales and Black Rock and micro strategy and countries now buying all the rest of it and they're buying more Bitcoin than the miners can produce let's not even think about the more than 58 million millionaires around the world predicted to be about 65 68 million millionaires by the end of the decade the impending Bitcoin Reserve race between countries and yeah dare I say it having a fraction of Bitcoin could indeed be a damn big deal it's going to get you in the club man it's a simple case of supply and demand Bitcoin is going to keep going to the Moon also if we look at the bigger picture Bitcoin is now just 0. 2% of all that assets it only needs to be 3% of all assets to achieve over $1.