How Much Is $100 In Bitcoins

The presence of FOMO is pretty much the only predictable characteristic of the incredibly volatile crypto market. Every time a money or a token moons, the community gets divided into 2 groups: those who managed to profit from the price spike and those who wish they did.

FOMO drives many people to brand rash decisions, such as investing in a shitcoin that can crash right afterward they purchase information technology. However, Bitcoin is not as risky as your average run-of-the-mill coins and tokens — it is a lot more stable and has companies and institutional investors backing it upwards. Additionally, it leaves a lot of people wondering — what could’ve happened if I added Bitcoin to my investment portfolio yesterday, last calendar month, or three years ago?

So, what might happen if you invest $100 in Bitcoin today? Well, you might luck out and make a 100% profit in simply a few days, or you may sell your coins at the wrong time and lose your $100. The size of your turn a profit (or loss) will depend not only on the unpredictable crypto market and BTC price only also on your capabilities as an investor.

Some Questions You Should Enquire Yourself Before Investing in BTC

While $100 may not seem similar a lot, there are withal a few things y’all should consider before investing in Bitcoin.

Start of all, make certain you sympathize what Bitcoin is and what determines its value. This is essential for beingness able to anticipate its price movements. Don’t invest in BTC just because it’s the new cool affair to practise — yous stand to lose a lot of money that way.

To understand whether yous’re just satisfying your FOMO or are genuinely interested in buying BTC, answer the following questions:

  • Why didn’t I buy it earlier when Bitcoin was cheaper?
  • Why am I buying it — to hodl or to make a quick cadet?
  • If it’s the latter, then why do I call back I will be able to sell it later at a higher cost?
  • Am I OK with the take a chance? Can I afford to lose all the money that I’yard going to invest in Bitcoin?
  • Am I fully prepared to invest in BTC? Accept I found a reliable crypto exchange and Bitcoin wallet?

Your answers to these questions should help you to understand whether you should invest in Bitcoin or not.

Additionally, nosotros would advise against investing in Bitcoin or crypto in full general if you are prone to falling for gambling traps. The crypto market is highly speculative, and its loftier-chance, high-reward nature can hands suck in people who are vulnerable to a gambling addiction, causing them to lose all of their Bitcoin investments in just a few hours. Please remember to be careful.

What Is Bitcoin?

Let’s be honest — as the most popular cryptocurrency and a technological phenomenon, Bitcoin probably doesn’t need an introduction at this point.

“Bitcoin” is a word that most people have heard at least once. It is a decentralized digital currency that was created back in Jan 2009 by an private (or a group of individuals) that goes by the name of “Satoshi Nakamoto.”

Bitcoin promises its users a wide range of unlike benefits, such every bit anonymity, low transaction fees, genuine cross-border payments that are not reliant on politics, and and then on. Information technology is a lot easier to superlative up your cryptocurrency wallet than deposit funds on your bank business relationship. Bitcoin revolutionized the financial world and spearheaded the creation and evolution of the crypto industry and the crypto marketplace.

As more organizations start to accept Bitcoin payments officially and boilerplate users learn more than about it, there is a chance BTC will become a mainstream currency. The more than Bitcoin believers are there, the college the chances are that Bitcoin’s price stabilizes.

What Makes Bitcoin Valuable?

Unlike fiat currencies, Bitcoin is non given value by governments, and it is non widely used in retail (at least, not yet). Yet, it does take its use cases, and its foundation, blockchain applied science, is currently revolutionizing a wide range of various industries.

Like any other currency, Bitcoin tin can exist used as a medium of exchange and a store of value, but currently, these are not its main use cases. Bitcoin’southward value is mostly derived from what people are willing to pay for information technology and is driven by its scarce supply and increasing demand.

As a result, it tin exist quite hard to predict its cost, and Bitcoin ends upward depending a lot on the full general attitude of the market. Every bit we have seen earlier, many Bitcoin holders are prone to panic and accept “weak hands,” pregnant they tend to sell off their coins when the BTC price starts to decline, driving the value of the asset lower.

Is It Smart to Invest in BTC Right Now?

No matter whether you’re investing in the stock market, crypto, or even fiat currency, if you’re planning to do it in the long term, you will be generally advised to go along buying it bit past bit regardless of market weather.

Even so, even if it’s the about optimal strategy, not everyone wants to go along buying Bitcoin for 5 years. A lot of people prefer making big one-fourth dimension purchases and/or are worried that they may enter the market at the wrong time.

Although the crypto market can change quite rapidly, information technology does have phases, and some are naturally ameliorate for buying Bitcoin and other digital currencies than others. Every bit always, the golden rule is to buy low and sell loftier.

That’s where some bug arise: how low is low plenty? Subsequently all, every bit nosotros can encounter from the chart below, Bitcoin has been in decline since November 2021. Naturally, many crypto investors currently feel hesitant to buy BTC or, to be honest, any other crypto avails. In a market like this, many choose to go for alternative Bitcoin investing options, such as shorting or margin trading, which allow yous earn college profits (and losses) even from minor price movements.

BTC 1 Year Price Chart
Bitcoin’s toll chart, i year. Source: CoinMarketCap

Yet, not everyone volition be up for trading Bitcoin, especially using such relatively risky strategies. Bitcoin mining also isn’t really a valid option: unless you’re going to join a mining pool, it is hardly worth it.

At the terminate of the mean solar day, y’all should invest in Bitcoin today if you believe its market price will rise tomorrow, adjacent week, next month… It’s of import to remember that trying to predict and outsmart the market place volition always exist a gamble.

I way to catch a good ownership opportunity is checking out signals given by platforms like TradingView. If information technology currently shows “buy”, so BTC price still has room to grow, and information technology may exist time to go to 1 of the many available cryptocurrency exchanges and get some Bitcoin. If technical assay from TradingView is currently giving Bitcoin a “sell” signal, its toll volition probable decline. That said, we recommend you to DYOR earlier making whatsoever Bitcoin transactions.

Is $100 Enough to Invest in Bitcoin?

Whether $100 is enough or not depends on your finish goal. If you desire to reap enormous gains, and then $100 might not be enough. Simply if your goal is simply to get some profit or to jump onto the Bitcoin railroad train, and then it is more sufficient.

Can Investing $100 in Bitcoin Make You Wealthy?

Well, it depends on how much Bitcoin will rise in the future and when you’re going to sell information technology.

For example, if you had bought
$100 worth of BTC

when the price of a single Bitcoin was $40K and later sold it when it hit $60K, you would’ve made a $50 profit. Even so, if you had instead bought $100 worth of BTC dorsum when it was $1,000, y’all could’ve fabricated

Usually, when people invest low amounts, such every bit $100, they just reinvest their profit into their asset of choice instead of cashing out. Bitcoin is no longer at that stage where yous tin brand millions of dollars by investing equally footling as $10 in information technology — if that’s what you’re subsequently, you volition exist better off betting on the success of random shitcoins.

If you lot invested $100 in Bitcoin terminal calendar week, when it was effectually $42K, information technology would’ve to go up to roughly $417 meg for yous to make 1 million dollars off the sale.

Still, there’s another way to get wealthy past investing as little as $100 in Bitcoin: doing it on a regular ground, just like how you’d tiptop upward your savings account.

Tin You lot Lose Coin on Bitcoin?

In that location are many ways in which you lot can lose money past trading or investing in Bitcoin. Firstly, you may sell it at an inopportune moment and lose your initial investment. Secondly, your individual keys may be stolen, or you might lose access to your crypto wallet. Thirdly, you may run into a scam… And the listing goes on.

Spoiler alert: it’s difficult to refund crypto and Bitcoin transactions, and then make certain
to double-check
all info you lot enter when making a purchase!

Nosotros requite a few general tips on how to not lose your money while exchanging crypto in our article on refunds.

How Can a Beginner Invest in Bitcoin?

It’south as easy to get Bitcoin as it is to buy annihilation else online! There are tons of groovy crypto exchanges that offer user-friendly and hassle-complimentary ways to purchase and sell Bitcoin and other digital currencies. Brand sure to choose a cryptocurrency exchange that will keep your personal data safe (or doesn’t ask for it at all) and has a favorable exchange charge per unit.

Y’all can check out our guide on how to purchase Bitcoin here.

Should Yous Buy Bitcoin Today?

Ultimately, information technology’s upwards to you whether buying Bitcoin correct at this moment is worth information technology or non. If it’s a i-time investment and yous only want to try crypto out, we would recommend going with a lower amount since you can’t profit much from $100 anyhow.

Withal, if that $100 fits in well with your general and Bitcoin investment strategy, or if you want to hodl that BTC for years to come, then information technology might exist worth it.

If you desire to make huge firsthand profits, then trading might be a improve fit for yous. You can merchandise Bitcoin or become for i of the smaller cryptocurrencies that tend to have more drastic price movements. We would suggest confronting mining Bitcoin — unless you already have all the necessary equipment, it is unlikely to exist profitable.

If you’re looking for more digital assets to invest in, cheque out our overview of the cryptocurrencies that we think might boom in 2022.

So, What Is Going to Happen If I Invest $100 in Bitcoin Today?

While the values of crypto assets are notoriously hard to predict, at this bespeak, about mainstream investors and Bitcoin evangelists believe it will e’er somewhen bounciness back and conquer new highs.

If Bitcoin’south price skyrockets this year, and so you volition be able to multiply your investment tenfold. A hundred dollars is not a big sum, and every bit long as you invest $100 in Bitcoin and not a dollar more (or, at least, not a much more than pregnant corporeality), then y’all won’t have to worry too much nearly losing your coin. Of form, if $100 is a big sum of money for y’all and you cannot afford to take a chance information technology abroad, yous probably shouldn’t make such a speculative investment.

Concluding Thoughts

When contemplating investing in whatever asset, information technology is always a skilful idea to consider how information technology will fit into your existing portfolio. And if you don’t take one all the same, consider what other assets — fiat currencies, precious metals, virtual currencies, and so on — you will have to buy up to mitigate the hazard and attain your turn a profit goals. An like shooting fish in a barrel manner to make a foolproof portfolio is to invest in a high-hazard, high-reward asset alongside aureate or other precious metals.

Ultimately, whether y’all should join the ranks of Bitcoin investors correct now depends on what you call back about this coin and crypto in full general and its time to come potential. Please note that the contents of this article should not exist seen as financial communication. Practiced luck on your crypto journeying!

Please note that the contents of this article are not fiscal or investing communication. The information provided in this article is the author’south opinion only and should not be considered as offering trading or investing recommendations. We practise not brand any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market place suffers from loftier volatility and occasional arbitrary movements. Whatsoever investor, trader, or regular crypto users should research multiple viewpoints and exist familiar with all local regulations earlier committing to an investment.


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