Users were advised to invest $ 270 in cryptocurrencies now to become millionaires in 2033

Editor’s note: not financial advice!

According to the theory of cryptocurrency analyst Rudy Fares, it is enough to own 0.01 BTC to become a millionaire in 10 years.

Trader Rudy Fares is confident that 2033 will be the most profitable year for bitcoin. The cryptocurrency will rise in price due to halving, the expert explained. BTC halving is expected to take place in 2024, 2029, and 2033. As you know, halving cuts the number of tokens that bitcoin miners receive as a reward for their work in half.

Halving is one of the most important events in the history and evolution of bitcoin. Judging by historical data, investing in BTC before halving is always profitable. Each subsequent halving further strengthens bitcoin as the flagship cryptocurrency.

If we assume that 2024 and 2029 will be the years of rapid growth of BTC, then 2033 may be the most successful year, when prices will range from $ 10 million to $ 100 million per BTC. That is why, in theory, it is enough to buy 0.01 BTC for $ 270 today to achieve this goal over the next 10 years.

According to a Markets Live Pulse study commissioned by Bloomberg, bitcoin has become one of the top 3 most popular assets amid a possible US default. Thus, about 8% of the surveyed large investors and 11% of retail investors would be willing to buy BTC to protect their savings.

Currently, users are actively investing in Cryptocurrencies — the number of cryptocurrency wallet addresses containing one bitcoin or more has exceeded one million. According to Glassnode, this figure was reached on Saturday, May 13.