Can Bitcoin Make You Rich in 10 Years? What the Maths Says

Bitcoin has made some early investors very wealthy. A person who put $10,000 into Bitcoin in October 2016, when it traded near $657, would hold about $1.24 million in October 2026. That assumes they never sold. That is a gain of more than 12,300%. It works out to a compound annual growth rate of about 62% over ten years. Many readers now ask if the next ten years can look the same. The starting point is very different. In October 2016, the whole Bitcoin network was worth about $10.5 billion. Today its market value is about $1.64 trillion, so Bitcoin is more than 150 times larger. A better question is what yearly return Bitcoin would need to turn an ordinary investment into serious wealth.

First reported by Blockonomi. This page is a short excerpt; the full text is theirs.