The way to become a millionaire with Bitcoins according to the creator of Xapo

in #cryptocurrency8 years ago

Wenceslao Caceres is the Argentine entrepreneur who presides over the Xapo purse, known as one of the great defenders of the BTC and cryptocurrency talks about how to get maximum profitability from Bitcoins. 

"Take 1% or less of what you own, buy Bitcoins with this money and then forget for at least the next five years, until the next decade. You will lose 1% of your fortune, something that most people can afford, and you will earn millions” according to what he said in conference of Bitcoin advocates at the Westin Hotel in Times Square.  

                                                                         FUENTE

Cáceres has gained credibility for his Xapo purse and for having made both Reid Hoffman and Bill Gates have invested in BTC after having seen some of his talks about the Cryptocurrency. 

When talking about percentages of success and failure, he consider: 

  • BTC Success Rate 50%. 
  • BTC Failure Percentage 20%.

According to the estimates of Cáceres in about 5 or 7 years the value of the BTC could be around the Million Dollars. When considering this theory, it does not seem so far-fetched, if we look at the growth of the BTC taking into account December of each year since its inception and the estimates could be something like this:  

To achieve this quotation, the BTC should increase its price 120 times in a period of 5 to 7 years, something that in its first 7 years has already been achieved. Why could not this phenomenon be repeated? 

What are you waiting for? The time to invest is today and live on the royalties tomorrow  


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Here is a summary of his investment approach https://blog.xapo.com/why-own-bitcoin/

Lo habia leído en una nota, pero no desde Xapo. Interesante información, ahora a invertir

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