How Bitcoin Could Help You Retire a Millionaire

Group 1 - Bitcoin has increased by 25% in 2023, but it is experiencing one of its worst bull-market years ever, contrasting with previous years of triple-digit returns [1] - Eric Trump has referred to Bitcoin as "the truly greatest asset of our time," advocating for increased investment from corporations, institutions, and individuals [2] - Bitcoin is compared to modern-day gold due to its unique risk-return profile, offering high annual returns and downside protection, making it a potential hedge against economic weakness [3] Group 2 - BlackRock's research report highlights Bitcoin's unique risk-reward profile and its strong diversification benefits, cautioning against traditional risk assessment frameworks [4] - Bitcoin typically follows a four-year cycle with significant boom and bust periods, having experienced at least five major declines of 75% or more in value [5] - From 2013 to 2024, Bitcoin has delivered 1,000-fold returns, meaning a $1,000 investment could be worth over $1 million today, with projections suggesting a price of $21 million by 2046 [7][8]