Man investing $5 a day into Bitcoin reveals where his fortune is at over 420 days later
It seems like crypto is going nowhere when it comes to the future of investments and one man shared how his profits looked after investing a small amount everyday.
The YouTuber, who is known online as Keep Going, documented his experience with investing into Bitcoin by just a fragment each day.
Sharing his thoughts with his over 15,000 subscribers, the content creator explained that he put $5 into the cryptocurrency daily and went on to reveal where his fortune was at over 420 days later.
Keep Going opened up his crypto wallet to show people that he has shares in five different cryptos, with a total of 0.02 shares in Bitcoin.
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He continued: “If you look at today’s return, 64 bucks. Cool. As you guys know, the market right now is up, down, up, down, and all over the place, unrealized return is only $110, a 4% return pretty much with my average cost being $89.29 and it’s pretty much 58% of my crypto wallet.”
After spending 429 days investing daily in the crypto, the YouTuber has now put $2,000 into his investment.
So, what has that investment got him in returns? His shares are now worth around $2,400.
He is taking a slow and steady approach to increasing his stock portfolio, with the hopes of one day building up to a whole share.
Many people took to the YouTube comment section to share their own reactions to the video, with one user wrote: “Morale of the story: only buy bitcoin.”
Another said: “People that say that that's not much of a return aren't looking at what that's going to be when you put $5 a day for 10 years. How about 20 years. Even a Bitcoin never changes price how much money would you have? And that is the big aha moment for me.”
And a third person added: “This just shows consistency is key.”
In other Bitcoin news, singer Lily Allen branded herself an ‘idiot’ after she missed out a major payday by turning down 200,000 Bitcoin in exchange for a performance.
This all started back in 2009 when Allen was reportedly offered the Bitcoin to put on a virtual show on Second Life, a 3D online world.
At the time, Bitcoin was new to the market and not worth a fraction of what it is today, so of course, it’s understandable why the offer didn’t appeal to the artist.
In 2009, Bitcoin had no meaningful market value but fast forward to 2014, the cryptocurrency had begun to skyrocket.
This caused Allen to react to the surge, taking to X, formerly Twitter, to write ‘as if’ and referring to herself as an ‘idiot’ for not taking up the offer.
She wrote: “About 5 years ago someone asked me to stream a gig live on Second Life for hundreds of thousands of Bitcoins, ‘as if’ I said. #idiot #idiot.”
This might come as a blow for Allen as her 200,000 Bitcoin offer would now be worth a whopping $17.9 billion, which would have made her one of the richest women in the world.