How Fast Can You Become A Millionaire
The bare mathematics of how fast you could become a crypto millionaire.
Published in
11 min readJan 7, 2023
Lets start by comparing two examples: the bare mathematics of how fast you could become a crypto millionaire. And we can consider some practical ways to make huge gains and keep ourselves on the track to wealth and abundance.
The Mathematics of Getting Wealthy
Using a simple online investment calculator, I was able to calculate how long it would take to become a millionaire by investing money two different ways.
- In the first example you invest $20 per week. We explain the range of time it would take if you were to receive compounding over time on various annualized rates of return.
- In the second example you invest $1000 and only gain from the annual returns, compounded.
Example 1: Investing $20 per week
Investing $20 per week may not seem like much, but it can add up!
I first learned about this simple plan to become a millionaire from Bob…