Change your life with a dollar a day into Bitcoin

Everyone understands the power of compound interest. But we often forget the power of a small, consistently repeated habit over a long period of compounding. These ideas are best captured in a book: Atomic Habits.

In this article, explore the Atomic Habit of putting as little as one dollar a day into Bitcoin, and what it can compound into over a few years. In combination with hard work, diligence, and being part of the global Bitcoin community, it could be the start of a journey toward financial freedom. And we’ll show you how Neutronpay can help you at each step of this journey, not just by buying Bitcoin, but much more.

Bitcoin’s compound annual growth rate

For calculating an annual compounding growth rate for Bitcoin, the starting price you choose gives wildly different answers. The first recorded price of Bitcoin was $0.001. At today’s price of $60,000, you get a total return of 60,000x or just under 6 billion percent. Working backward over a 15 year period you’re looking at a 230% compound annual growth rate.

In more recent years, Bitcoin has achieved between 50% to 100% compounding annual growth rate, which is what we’ll base some calculations on:

One dollar a day into Bitcoin will grow to about $627 at the end of the year. Not exactly riveting. But the magic comes in years of 5 to 10.

At 5 years, your $1,825 would be around $9,000 in Bitcoin.

At 10 years, your $3,650 would be over $100,000 in Bitcoin.

Of course, the assumption is that Bitcoin will continue to grow at around 50% to 100% a year. But what is certain is that your money will continue to debase every day if you don’t save in a deflationary asset like Bitcoin.

Neutronpay will help you every step of the way in your Bitcoin saving journey. Download Neutronpay’s Bitcoin and Lightning wallet app. Available to swap between your local currency and Bitcoin in: Canada, Vietnam, Thailand, the Philippines, Indonesia, Malaysia, and South Korea. More to come. Available on iOS and Android.

Neutronpay also has a Lightning Network infrastructure API for enterprises for businesses that want to offer their customers the ability to buy or spend Bitcoin with Lightning. Reach out to us to learn more:

Neutronpay's vision is to contribute to inventing the future of finance with Bitcoin's Lightning Network, by enabling 21st-century internet money for the unbanked, starting in Asia. Neutronpay is bridging the worlds of traditional and decentralized finance.