One of the most famous phrases when it comes to investing is that “It takes money to make money,” and it couldn’t be more true. When it comes to saving cash, earning interest, dividends, investing in stocks, or Bitcoin. It applies to every scenario.

The hard truth is that you will not become rich by investing just a few dollars into anything, and it won’t happen quickly either.

A fool will quickly be separated from their money. That is exactly what has been happening with crypto meme coins recently. People are hoping to essentially hit the lottery and have their lives changed overnight. Only to quickly find themselves losing everything and being even further from their original goal.

This is also happening with people venturing into altcoins. Hoping to find the next Bitcoin. There is no next Bitcoin. Once you have been in the crypto market long enough, you will begin to learn that there is Bitcoin, and then everything else. Venturing into the altcoin forest is the same as chasing fool's gold. It may look enticing today, but sooner or later, you will end up with something worthless.

With all of that said, even beginning to invest in Bitcoin today will not make you rich quickly.

Investing in Bitcoin is playing the long-term game. It is the ultimate test of patience, stress, and endurance. Not everyone has what it takes to endure the constant volatility, FUD, and years-long bear markets where it seems like every financial expert is declaring that Bitcoin will never recover.

However, it has always recovered, and those who survived the dark days have consistently seen their portfolios rewarded greatly.

The key to having success with Bitcoin is to never stop buying. Ignore the FUD. Ignore the fear when the price is tanking, and also continue to buy even when it feels the price is too expensive. Ignore the price and just continue to dollar-cost-average into Bitcoin. Throughout the years, the people who have done this have consistently outperformed even some of the best traders.

As I mentioned at the beginning of this article. Even with Bitcoin, it takes money to make money.

The hardest monetary goal to reach in any investing portfolio is your first $100,000. After that, it becomes much easier and quicker to multiply your net worth. That is the moment when you begin reaching escape velocity.

With that said, going from $0 in the bank to your first $100k is one of the most difficult things you will ever do.

It will take extreme motivation, dedication, focus, patience, and sacrifice.

This is how I made it happen. I decided that until I reached my goal of accumulating one full Bitcoin and $100k, I would live far below my means. This meant cutting out nearly everything non-essential in my budget. Sacrificing entertainment, hobbies, going to restaurants, traveling, video games, and going out with friends.

I sold unused things around the house. Worked extra jobs. Found side hustles on the internet, created passive income streams, and invested every possible dollar into Bitcoin. Nothing could stop me from my goal.

That is how I was able to accumulate my 1st full Bitcoin way back in the day and also reached my first $100k in my portfolio.

Once you reach that point, you will begin to move your goal posts and aim for even higher goals. You will quickly learn that you’ll never be satisfied. However, once you have achieved escape velocity, that is when you’ll realize how much easier it becomes to make money.

With Bitcoin, you will eventually become numb to the numbers. There will be days when your portfolio will go up by several years’ worth of salary. And also days where it drops even further.

New avenues will open up to you as well. You won’t even need to sell your Bitcoin anymore. Instead, you’ll be able to take loans out against your BTC. With Bitcoin, we are in the infancy of DeFi and BTC lending. But once those mature and become a little less risky, this is where you will begin to accelerate your escape velocity with Bitcoin to the next stratosphere.

Albert Einstein once described compound interest as the 8th wonder of the world, and that couldn’t be more accurate. Once you have reached this point with BTC, you will be able to live off the interest earned alone. And that is only the beginning. There will be things created on Bitcoin that we can’t even imagine yet today, and new ways to earn money from it.

The key point is this. There is a very limited amount of Bitcoin left, and time is running out. It is like a game of musical chairs where you don’t want to be the last one caught standing when the music stops playing.

Your time is now. Accumulate as much Bitcoin as you possibly can. There is a very high chance it could become the best financial decision you’ve ever made.

How about you? Have you reached escape velocity with your Bitcoin and cryptocurrency portfolio?

As always, thank you for reading!