How to Invest in Bitcoin: What if I Invest $100 in BTC Today?

May 15, 2024

Investment

Ana Rojas

How to invest in Bitcoin and make money? A lot of people are looking for a way to diversify their portfolio and invest in cryptocurrencies, however, they want to start small. This is a reasonable move as the world of crypto is often unpredictable and the rates of digital assets are highly volatile. In a short amount of time, cryptocurrency prices can fluctuate significantly; in the market, a 10% or even 20% price decline or gain in a single day is not unheard of. 

However, buying Bitcoin (BTC), even in small amounts, can be seen as a way to save your money and even boost your investment. In this article, we’ll give you a general idea of what to anticipate in 2024 from a $100 Bitcoin investment.

Understanding Bitcoin (BTC) for Beginners

Bitcoin is decentralized digital money that can be exchanged, bought, and sold without the need for a middleman like a bank. The first description of the necessity for ‘an electronic payment system based on cryptographic proof instead of trust’ was provided by Satoshi Nakamoto, the person who created Bitcoin.

Every BTC coin transaction ever initiated and processed is recorded on a publicly available ledger, making transactions challenging to reverse and falsify. That’s intentional: because of its decentralized nature, Bitcoin has no backing from the government or any organization that issues this cryptocurrency, and the only thing that can ensure its worth is the proof that is built into the system.

The foundation of Bitcoin is a distributed digital ledger known as a blockchain. Blockchain, as its name suggests, is a networked collection of data consisting of linked units called blocks that hold details about each transaction, such as the buyer and seller, date and time, total value, and exchange-specific unique code. The chronological order of the entries is connected to form a digital chain of blocks.

Bitcoin is valuable because it can be used in place of fiat money and exchanged for it, but the major reason it keeps its value high is the demand it receives from investors hoping to make a profit. Of course, a lot of other things also affect the price of Bitcoin, such as economic factors, technical developments, news, etc.

Factors to Consider Before Investing in Bitcoin

First of all, it’s worth noting that Bitcoin is a very risky and volatile cryptocurrency. If an investor is ready to assume the risk, it may be a good idea for them to comprehend the cryptocurrency market, have a plan for investing in it, and have thought about getting competent financial counsel. Only money that investors can afford to lose should be invested.

Whenever one is investing in Bitcoin or any cryptocurrency, the following factors should be taken into account:

• Do your own research. Several indicators are used to vet cryptocurrency investments compared to the stock market. These sometimes involve analyzing the likelihood of real-world adoption, going over technical specs, observing community involvement, analyzing the founders and developers, and assessing competition.
• Use safe storage if you’re investing in Bitcoin on your own. Large cryptocurrency holdings should be kept off of exchanges for a while by storing them in a hardware wallet or with a reliable cryptocurrency custodian. 
• Understand the technology. Set aside some time to study the underlying technology that underpins various cryptocurrency assets. Gaining an understanding of the functioning of blockchain networks, hashing algorithms, smart contracts, and consensus methods (such as Proof-of-Work vs. Proof-of-Stake) will help you assess a project’s potential.
• Keep yourself updated on regulations. Keep track of pertinent domestic and international legislative ideas, regulatory developments, and court cases pertaining to cryptocurrencies. Adoption and pricing might be greatly impacted by major laws. 
• Use crypto indicators. Although the volatility of cryptocurrency makes precise forecasts impossible, reliable technical indicators including crossings, relative strength, and moving averages can offer insightful insights. 
• Conduct a thorough analysis. Make sure to take into account such factors  as market volatility, regulatory risks, and security concerns. Add to the pot new developments in blockchain technology, news and new ventures, such as Bitcoin ETFs.

What If I Invest $100 in Bitcoin Today?

You can buy Bitcoin in many ways. The major ones include Bitcoin wallet apps, cryptocurrency centralized exchanges (CEXs), for instance, Binance, Gemini, Kraken, and much more, or via instant non-custodial crypto exchange platforms, such as StealthEX. 

How to Invest in Bitcoin via StealthEX Easily and Quickly

1. Go to StealthEX and switch to the Buy Crypto section. 
2. Select a fiat currency, for example, USD, from the left drop-down list and Bitcoin from the right list of cryptocurrencies. 
3. Enter the amount of fiat money you’d like to exchange. Then, the estimated amount of BTC will be shown depending on the current rates. Press the Start Exchange button.
4. Provide the Bitcoin recipient address. Revise the address provided and the amount of BTC crypto you will receive. 
5. After this, you will be redirected to a payment provider.
6. Verify your identity by providing your phone number and email. Then insert your personal info, including first and last name, and date of birth. Provide your card details, such as your card number, expiry date, cardholder name, and click Buy.
7. If you swap fiat money to crypto for the first time, you should also pass the KYC procedure. As soon as you complete it, your cryptocurrency will be sent to the blockchain address you have indicated earlier. If the total amount of your purchases does not exceed $700 for the first time, you don’t have to verify your identity. 
8. And that’s it! Your exchange will start. 

After buying BTC, you’ll also receive an email with all the data about this transaction, including the amount of fiat debited, the amount of crypto sent, StealthEX ID of the transaction, and so on.

From here you can either create a new exchange on StealthEX or leave the page and check your Bitcoin wallet to be surprised at how fast you got your BTC. Usually, the process is very quick so you won’t need to wait long. 

Potential Returns and Risks of Investment in Bitcoin

Now let’s take a moment to discuss what your potential returns may be if you invest in Bitcoin (BTC) right away considering Bitcoin price prediction.  Based on historical Bitcoin adoption trends, if you assume that monthly active user growth moderates to 4.4% over the next four years and stays there for a decade, it would imply a 10-year annualized return of 10.4%.

CoinMarketCap, 15 May 2024

However, considering the fact that the crypto market is highly unpredictable, investing in Bitcoin remains a very risky endeavor and should be approached with caution. A careful investor should always consider the possibility of losing the entire investment due to market fluctuations. To minimize this threat, it’s best to diversify your investment portfolio and not put all funds into a single asset like Bitcoin. Moreover, the main principle for risky investments is highly applicable to Bitcoin and crypto investments in general: never invest more than you can afford to lose.

FAQ: How Much to Invest in Bitcoin to Become a Millionaire?

Basically, the best option was to buy Bitcoin a long time ago, when its price was very low, back in 2011 or earlier. Even investing as late as 2017 could be very profitable. One notable observation found by Bitcoin analyst Willy Woo is that holding Bitcoin for at least one halving cycle, or roughly four years, has never resulted in a negative return.  

Is Bitcoin a Good Investment?

It may very well be. In a five-year plan perspective, it is anticipated that the cryptocurrency could potentially experience a significant surge. However, it’s also a very risky investment and should be approached by investors with high-risk tolerance.

How Much Will I Get if I Invest $5 in Bitcoin?

A $5 investment in Bitcoin today is unlikely to yield a fortune but could still offer some gains. $5 today would give you 0,000081 Bitcoin. According to PricePrediction forecasts, in 2025 your investment will be worth $11. Based on DigitalCoinPrice forecasts, in 2030 your $100 investment will equal $37. According to Telegaon, in 2040 your investment will grow to $66, and in 2050, you will have $122.

How Much Will I Get if I Invest $10 in Bitcoin?

$10 today would give you 0,00016 Bitcoin. According to PricePrediction, in 2025 your investment will be worth $22. Experts at DigitalCoinPrice think that, in 2030 your $100 investment will equal $74. According to Telegaon, in 2040 your investment will grow to $132, and in 2050, you will have $245.

How Much Will I Get if I Invest $30 in Bitcoin?

$10 today would give you 0,00049 Bitcoin. According to PricePrediction, in 2025 your investment will be worth $66. Based on DigitalCoinPrice predictions, in 2030 your $100 investment will equal $224. According to Telegaon, in 2040 your investment will grow to $398, and in 2050, you will have $734.

How Much Will I Get if I Invest $100 in Bitcoin? 

Hypothetical performance of $100 invested into Bitcoin (0.00155 BTC) on May 15, 2024

How Much to Invest in Bitcoin to Make Money?

The process of making money with Bitcoin is getting more and more difficult. The prices are very volatile, and there are many scams on the market. Previously available to private investors, Bitcoin mining is now so competitive that tiny installations almost never make money at it. Bitcoin can still be used to generate income, though. It can be earned, held, traded, or lent. With this erratic asset, returns aren’t assured; while a price increase may allow you to profit, a price decrease may cause you to lose money.

Is It Safe to Invest in Bitcoin Today?

Converting cryptocurrency to fiat money and transferring it to your bank is generally regarded as a safe process. So is buying crypto via large crypto exchanges like Binance or trusted instant swappers like StealthEX.

Conclusion

If you think Bitcoin will be successful in the long run, then purchasing it in 2024 may be a very solid investment. Although the price of Bitcoin is quite high now, there are reasons to be hopeful about a future increase. Nonetheless, crypto assets remain a highly volatile investment, so it’s best to consider your investment priorities, diversify your portfolio, and stay updated about any future developments in the industry.

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Don’t forget to do your own research before buying any crypto. The views and opinions expressed in this article are solely those of the author.