Can a $10,000 Investment in Bitcoin Turn Into $100,000 by 2030?

A decade ago, many investors would have laughed at the idea of turning $10,000 into $100,000 by investing in Bitcoin (CRYPTO: BTC). Today, not so much. Bitcoin, the world's most valuable cryptocurrency, has surpassed all expectations. It has survived huge sell-offs on numerous occasions. Recently, it rocketed past $123,000, a new all-time high.It's now not uncommon for financial advisors to say it's fine to allocate a small portion of capital in the typical multi-asset portfolio to Bitcoin. With so much momentum, can a $10,000 investment in Bitcoin increase 10-fold and turn into $100,000 by 2030?Bitcoin has broken away from the rest of the sector this year and outperformed most of the rest of the crypto market. Many investors now view Bitcoin and its finite supply of 21 million tokens as a form of digital gold and therefore a way to hedge inflation. While the jury is still out on that point, it has become a much more widely accepted thesis than many investors likely believed possible.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool