According <a target="_blank" href="https://whale-alert.io/analytics/potential-profit-token/bitcoin/btc“>Whale alertThe average profit per btc is at an all-time high of $67,088, at the time of writing.
“The Potential Profit Per Token graph shows the potential profit holders could make per token if they were to sell at a specific time,” the Whale Alert website explains. Whale Alert has more calculations on this metric that can be found here.
To put this in perspective, this is more than the average American salary in 2024, which will be $62,027. Imagine watching your savings grow and surpass your own annual salary just by owning one bitcoin.
Every day, you trade hours of your life at work in exchange for money (fiat for most). You constantly work harder and harder for that currency whose purchasing power is always depreciating, forcing you to work longer hours to compensate.
But bitcoin turns that dynamic on its head. With bitcoin, you are working (trading your time for money) and then watching the money increase in value instead of losing it.
People can then use that extra purchasing power that bitcoin gives them to buy a house or a car, pay for college tuition, work less and/or spend more time with their family, etc. Your options open up for how you want to spend your time and money. much more as a result of buying and holding bitcoins and, to me, that is true financial freedom.
This is just another reason why it's so important to use bitcoin as a savings vehicle. It allows people to be financially free and secure their future.
And this is just the beginning. Over time, bitcoin is poised to rise even higher than its current price of $100,000, giving investors the opportunity to further increase their purchasing power and therefore allowing them more time to pursue their passions and interests.
And all you have to do is consistently hold bitcoin, secure it, and HODL. Even if you don't have a full bitcoin, you're still benefiting from the dynamic of improving your purchasing power over time and the more you can add to your stack, the more that will be the case.
Every person on the planet can now create their own bitcoin stash, watch it grow, and choose how they want to spend the time they've freed up.
This article is a Carry. The opinions expressed are entirely those of the author and do not necessarily reflect those of btc Inc or bitcoin Magazine.
