There is no definitive answer to how long it takes to make money from Bitcoin, as it depends on many factors, such as your initial investment, your trading strategy, the market conditions, and the fees and taxes involved. Bitcoin is a volatile and risky asset, and its price can fluctuate significantly in a short period of time. Therefore, you should always do your own research and be careful when investing in Bitcoin or any other cryptocurrency.
However, according to one study1, Bitcoin holders make a profit after an average of 1,335 days, which equates to about three years and eight months. This is based on the assumption that investors buy and hold Bitcoin until they break even or sell at a higher price. Of course, this is not a guarantee, and some investors may make a profit sooner or later, or even lose money, depending on when and how they buy and sell Bitcoin.
Another way to estimate how long it takes to make money from Bitcoin is to use a Bitcoin profit calculator2, which can help you calculate your potential gains and losses based on your investment amount, fees, and price changes. However, this is only a hypothetical scenario, and it does not account for all the variables and uncertainties involved in Bitcoin investing.
Ultimately, the best way to make money from Bitcoin is to have a clear goal, a realistic plan, and a disciplined approach. You should also diversify your portfolio, secure your wallet, and monitor the market trends. I hope this helps you understand how long it takes to make money from Bitcoin.