Bitcoin Forum

Bitcoin has created a lot good wave to it's investors during bull market, bad wave during bear market. Bitcoin is a seasoned coin that undergoes halving every 4 years, yet many have not gotten use to bull and bear market of Bitcoin coin, some people only get happy during the bull market as a result they forget to prepare their mind for bear market too. 1 Bitcoin = $26 (2013)   when only an average number of investors believed in it, Now that many investors are into Bitcoin investment, it cost thousands of $$  to afford 1 Bitcoin ( 1 Bitcoin not for everyone).

perhaps Now that the potential of Bitcoin have been globally let out and with regards to more innovation, the price will continue to go that many can not afford 1.

Well, there are 56 million people worldwide whose assets exceeded one million dollar.
Source:
https://en.m.wikipedia.org/wiki/List_of_countries_by_number_of_millionaires

As there are only 21 million bitcoins, there are 0.375 btc for each millionaire.

I already have mine  ;D

Yeah, 1BTC is not for everyone, there are millions of people around the world who can not afford to buy 1BTC at current or even less than what it sells now.
Given that btc has a very limited supply, assuming the price was trading at 1$, it still won't go around for everyone, and right now the high price has made sure not everyone can own 1BTC, but the good thing is, you can still own a part of it which is way better than not owing it at all  :)

People get way too obsessed with owning whole amounts. I'd just say if you truly believe in Bitcoin, and you think it might be a good investment regardless of whether you'll use it to just take money out later, invest whatever you can afford, without putting yourself in a position where if it fails, you'll be stuck.

Far too many people are going either all out, and investing every little bit they have or the opposite collecting dust for years, and hoping they'll somehow become a millionaire. Hey, maybe in another ten years I'll be eating my words for that last sentence, but I'd say you should be investing at least enough that the medium term would benefit you.

I would agree with you, but still think people should own 1 Bitcoin if they're able.  :)

I don't think people should be focused on just Bitcoin though.  It's a great addition to a portfolio, but you don't want to own all Bitcoin and no stocks for example.  I know with younger folks it is sometimes easier to get into crypto than stocks, but the earlier you build a diversified portfolio, the more you will learn, and the better off you will be.

I agree, it's like they created this idea that you need to be a member of 1 BTC club. So regardless if you can get to it or not, just take advantage of it just like money because it is money after all.

I was also obsessed with the idea before, to be honest was able to save 1 BTC. But then again, I sold some and used it the way I wanted it to be and then just continue to reinvest in bear market. At least there is no pressure to save and then what?

I guess the goal should be to accumulate as much as you can in a bear market and HODL. Not necessarily 1 bitcoin because with the current price, it's hard to save that huge amount specially for average Joe which is the majority of us here.

So if you save .010-,1 BTC then that is good already. Admit it or not, it's really hard to get to that supposedly club. I have other assets that I also hold, like stocks so I think I'm good with both of them in my portfolio even if not necessarily 1 bitcoin.

Even when Bitcoin was almost worthless the main aim of investors back then was to accumulate as much as they could afford to risk. In this present day when Bitcoin price is beyond the reach of the average man, accumulation of Bitcoin is still the idea.

Price is not the concern when dealing with assets that can be broken into smaller bits. The more the accumulation the closer it gets to 1BTC. Some times all it requires to own a single BTC no matter the price is patience, taking advantage of opportunities especially during the bear and discipline to buy the dip

Your lucky 😜 to have yours, but don't think you have enough, if you earn more money from work your definitely going to buy more. But not every one can afford 1 now.

Obviously, the more the better. I just know a lot of people personally won't get into Bitcoin now, because they feel out priced, simply because they can't justify or afford to buy one Bitcoin. Even though I've explained it a million times, and torn my hair out in the process, they just can't seem to get over that mental block.

Yeah, despite Bitcoin being complex, I think stocks are even harder to understand, and I can see the appeal that Bitcoin has from that perspective as well as the core principles of Bitcoin. Bitcoin's almost like a catch them all.

Personally, I'm not as comfortable investing in stocks than I'm with Bitcoin. Stocks are highly dependant on how the company performs usually, whereas there's a lot of factors in that, which are wildly unpredictable, especially when it comes to the reputation of the company, and the people running it. Although, I guess to a certain degree the same could be argued for Bitcoin, though Bitcoin being decentralised there's at least a bit of mitigation to prevent that.

Anyway, by all means make one whole Bitcoin your target, but don't make it prevent you from getting into Bitcoin if you can't afford it. Most people can't afford that amount for an investment, especially something you might not be completely sold with (that usually takes a year or two).

Maybe 1BTC is not for everyone, but Bitcoin is for everyone. Once it served to be an investment of all levels of people, now only the richest is able to afford as a whole. However every people are able to invest on atleast a small part. This is the success according to me. Even the shares can't be invested in such a way. Now those access were availed, that everyone needs to invest dividing a single share in to multiple share according to people's requirement.

Not with that attitude. If a certain person really wants that magical BTC1, he/she's going to work hard for it. Sure, it will be far harder for some people(if you have a shitty job and you have 3 children, etc), but it's still not impossible. Totally up to the person how he/she's going to achieve it.

Well since bitcoin price is always going up in the long run, it will also get harder for newcomers to acquire 1 whole bitcoin but we are still not at a price level to make it impossible for regular people to accumulate that much. $20,000 may seem like a lot at first but it is still possible to start buying and earning that much over time.

Many people are definitely doing it with 1BTC being their target. You can also try to make some small profit on a small portion of what you already own by trading bitcoin when the market is most predictable or shitcoins when they are getting pumped and dumped.

for how many thread created in which a person wanted or longing to have a 1 bitcoin but most of them only got frustrated as the price keeps on growing year after year. so maybe the best target here is to Just buy whenever you have funds? accumulate every piece that may come your way? but never turn your funds into pure crypto because remember that volatility will keep breaking our beliefs , just buy your enough funds and let the rest do it for you specially the time.

Might not be for everyone, true, but there are ways that someone can stick to his plan, work his ass off save some overtime and then have it in his wallet for the next couple of years.

At least for those people who have goals to get rich down the line. Old but some interesting data in here:

https://cointelegraph.com/news/wallets-with-less-than-1-btc-account-for-just-5-of-bitcoin-s-market-cap

Inasmuch as poverty will ever be in the world, then Bitcoin can't be for everybody whether you desire it or not. Although everybody has equal right on Bitcoin, all they need is to find a means to own it.

It might take some people several months of work, savings and others to own it, while it might take others several years, it does not matter. What really matter is that Bitcoin is a good investment like performing stocks, it will be good for everyone to have at least one in their wallet. And if such person could be a good speculator of when it will rise and fall, then more fortunes could ever be made by him or her.

I believe 1 bitcoin is for everyone, especially those who keep trying to accumulate satoshi after satoshi and never stop until they reach their target. Some people want to have 1 bitcoin but don't have much money and realise they need to spend a lot of time to get 1 bitcoin. They started working harder than anyone else and, in the end, owned it and sold it at yesterday's ATH price. Now they have managed to have more than 1 bitcoin and it is not easy because they have to have great determination and intention and, of course, have a dream to have 1 bitcoin and more.

But it could be very hard, not just in terms of money that you have to accrued to make that 1 bitcoin, but the time and the mentality as well. 10-15 years, might take too long for the majority of us. Or maybe some of us can't afford that time because we started late in our bitcoin accumulation. So personally, I would not just push myself into it, of course I will save what I can only afford and dream that someday I will be a member of that prestigious group. But don't put too much demand on yourself. Pushing yourself might end up bad for some of us.

1BTC is indeed very hard to get right now so it’s not for everyone. I think it’s important to not focus on getting a whole Bitcoin because everyone can start investing by holding just a piece of Bitcoin and just increase time by time until to reach that point because Bitcoin price will surely experience a lot of ups and down that is perfect entry opportunity to all aspiring Bitcoin holders out there. People just need to think long term if they want to reach this goal because it’s really hard to get 1BTC promptly but this is impossible in the long run.

For many people, no it is not, the price is very high for the average people to be able to afford 1 btc. No doubt everyone desire to own 1 btc but the financial situation has made it impossible for some people to achieve this.
My goal is to own a good amount of btc, 1BTC should not be the limit.

Many early investors already have their one Bitcoin in their asset.
I do not have a whole Bitcoin, but yes , I have something you can consider it as 1.
I have also seen that many people hate the bear market. I just don’t get that why? This bear market is rather an opportunity that everyone should take the advantage of. You are getting Bitcoins at such a low and discounted price. Rather than complaining, it will be better if you buy as many Bitcoins as you can in this price segment. When bull market returns, it will give enough profits for this smart move that we have made now.

Well, if you are an old coiner or you joined here at a much earlier time then you already know the mechanics of it. You know that there are two cycles and that is the bear and the bull, and you know that there is also halving that takes place every 4 years. Any of these can be use on your advantage so you invest or sell accordingly.

For those who are only happy during a bull market then maybe they are new here and it was their first time to witness a dumping market but they will soon get used to that. They will realize that how can they buy a coin at a better rate if there will be no bears? It is not necessary to have a 1 btc but as long as you own something then you are already in.

Its more what you do with it that matters, just purely holding 1 BTC wouldn't impress me as somebody who  constantly cycling smaller 0.1  amount or less throughout a year in business revenue.  In the end the constant cycle of currency adds up to more and I think its more profitable then purely holding back.
   The vast majority of people have to address their debt and outgoings before holding any assets and usually its for a pension which is valid, some have BTC for that and can truly say its long term.

 Dream and action are two different things. Ask 1-thousand crypto enthusiasts weather they will like to own 1 Bitcoin and their answer will be yes but among them all only some can archive that goal of accumulating 1 BTC.

Holy crap, Detritus you are still around?

This is obviously off topic but I remember you had a thread on how to build a cheap DIY wooden open air GPU rig. And I book marked bitcointalk with that thread. So whenever I wanted to go to Bitcointalk, I clicked your link. And I would see your nickname and avatar everytime. Seen it perhaps 2000 times.

Then I see you made a topic, I had to blink my eyes to see if it was posted in 2022 and it was. Man I remember your posts from over 10 years ago.

Wondering if its actually you and not a bought account. Great to see you are still around.

We have to work hard to achieve that especially if you are starting at the bottom and really don’t have much money to buy in bulk. Many wants to have 1 Bitcoin without doing anything, that’s too bad for them but kudos to those who are doing a great job and slowly working for their dreams, this is not the end for Bitcoin yet and there’s still a lot of time to accumulate.

How possible is this to get 1 Bitcoin without working, maybe they are living on a real dreams and will stay on that as long as they didn’t start to work hard. Getting your first Bitcoin is very hard and it will take a lot of time and effort, I’m still far from this target but I’m not giving up because I know Bitcoin is a big thing. BTC is not for everyone, many are just too lazy to study and have their own research, again if you want to succeed in life you should start working for that, there’s no shortcut to become successful.

Why do you have to own exactly 1 bitcoin? You don't need that. You can own any amount of bitcoin and make profits. If you are saying 1 bitcoin isn't for everyone, then you can also say 10 bitcoin isn't for everyone. Focus on the amount of money you can invest in bitcoin, not the number of bitcoins you have. Keep investing and holding. Eventually you will be able to own at least 1 bitcoin.

And isn't it obvious that people will only be happy during bull market? Are you happy to see your portfolio go down during a bear market?

It may seem difficult but we still have plenty of time to try it to have that chance. But we don't have to force ourselves to get it because we also have to manage our time. That way, we can find a good way to do it and I'm sure it's just a matter of time for us to collect up to 1 bitcoin.

It's two different things but they are related. If you have a dream and are also trying to pursue that dream, you have the opportunity to make your dreams come true. But if you don't try to chase your dreams, it won't do you any good. We can see how many people can succeed in pursuing their dreams while many people fail to achieve their dreams. We are lazy people who want our dreams to come true. But unfortunately, it will not happen if we do not try.

It is true that it is getting harder to obtain a whole bitcoin, but it is precisely why people need to begin to invest in bitcoin now because if they leave it for later then it is going to get even harder.

Now some people may believe this is unfair, and maybe this is true, but that is how the world works, and if they want to be able to take advantage of the opportunities that bitcoin will bring them they have no other option but to start their journey now, besides even if the price of bitcoin is very high right now those people had years to buy bitcoin for a decent price and they wasted that opportunity, so that's on them and they can a blame bitcoin for it

If that were the case then Bitcoin will have failed.  To have a system only accessible only by the largest entities would only make it a duplicate of the current system biased to governments and politics, constantly undermined by control of printing presses with new supply of currency given to those favored by the elite.    No point having BTC if that were the case, however peoples ideas of capitalism are horribly incorrect; its just that we dont live in a capitalist economic system hasn't been true for decades.
   BTC needs to emphasize the bit part, it must be liquid and equally available to all in an entirely equal way and I certainly will watch for that to true as to its failure or success.  Its the one indicator more reliable then price imo

Even with some of the personal cases that I am seeing for myself since getting to know crypto, I still see the popularity of many people increasing, but it is only a small part. As no one in my family can afford to buy it and understand it in a basic way, some people have heard about it through the media and the value it brings. However, the majority of them believe that it is not for their lives to pay attention, causing the world to increase, but for those who cannot even access the internet, they do not need to know about BTC. Nothing, and they still lead a simple life.

The current Bitcoin price is around $ 19900 and to get 1 BTC then I have to work from 2.5 years, only the Pope can buy 1 BTC, it might look very expensive so that makes many people regret not buying Bitcoin when the price is cheap, maybe we can't immediately buy 1 BTC but whatever we can invest in bitcoin.

That was true, bitcoin is not yet known for the many, that is why its popularity can still rise. This is not a small part but adoption plays a major role for the success of btc. You can say that you can't afford it but there will be people that can, because they have a better job and they have that because they are smart and skilful so they can be able to understand btc if what is it and what is its purpose.

Media is so powerful but not only it can increase the value of btc that way, but that will also be the way for the collapse of btc especially if the news is mostly negative. Some thinks btc isn't important but that is only for today. I know they will change their views soon about it.

I'm not sure, even the POPE won't be able to buy 1BTC as he doesn't have any salary. :o :o

For most of the people who make their living out of a day job it is quite hard to buy 1BTC as a whole. This had changed with time. In the past people were able to buy it as a whole, but people ignored and now they are showing interest to invest based on what is available. Anyhow end of the day it is gonna benefit based on our investment.

Even though Bitcoin is now down to a price of $19k, still for some people the price is still very expensive and can't afford to buy 1 BTC.
But I don't think it's something to worry about, because we don't have to buy 1 BTC to be able to own Bitcoin. We can buy Bitcoin according
to our respective financial capabilities, even though we can only buy Bitcoin fractions, but if we continue to collect these fractions, then in the end
we can have 1 BTC someday.

Moreover, in the future Bitcoin will be more expensive, that's why we must start collecting Bitcoins from now on before the price goes higher.
The conclusion is don't focus too much on buying 1 BTC, it will make us feel heavy in buying Bitcoin. That's why I always set aside a portion of
my salary every month to buy Bitcoin, I don't care how much the Bitcoin price is, for sure I will continue to buy Bitcoin regularly, by doing so
I believe I will eventually be able to own 1 BTC. As long as the person has the intention and continues to work hard to collect Bitcoins,
I believe anyone can own 1 BTC.

Not necessarily for you to buy a whole bitcoin yet you could always buy in fractions and thats the beauty of it on where you could eventually buy in parts.If you are really that tending to buy or accumulate

to hit up 1 coin then it would be entirely depending on you since not all would really be that financially capable on doing so considering the current price is high then not all would really be that able to do so.

Somewhat even we do earn on fractions but at least we are still having some coins in our stashes which would really be holding up for long term.

The coin always has two sides, it depends on how you look at it. Honestly, if you're living in a developed country with a decent salary, $20.000 can be saved within a year or two. The bear market provides great opportunities to those with the available budget. On the other hand, people in countries with lower wages, including myself, the average salary is €700 - €800, it's theoretically impossible to ever acquire a whole Bitcoin.

Let's face it, the majority of us who haven't acquired it in the past are unlikely to ever own one, you can simply enjoy having fractions of Bitcoin, with as many decimals you like. Last year, I set my goal to accumulate 0.10 BTC by December. Honestly, it's not worth stressing over owning an entire coin, just enjoy the beauty of its decimals.

1 Bitcoin is for everyone to take but the problem is, is everyone has the ability to buy 1 Bitcoin?   The good thing is that Bitcoin is divisible by Satoshi or even smaller.  So if we failed to get 1 Bitcoin, we can always have an option to get 1 satoshi  ;D.  So better to get satoshi now, do not wait for the time when even 1 satoshi is hard to afford.  Let us learn our lesson from the previous mistakes of not getting 1 BTC when it was very affordable.

Affording 1btc only come from understanding and your own means of strategies of investment to achieve 1btc, because in normal fiat currency not everybody that has it, but everyone is very curious to have Fiat currency but with your plans and arrangements of building yourself you achieve yours. It's very possible to have 1btc if you are an investor. Because objectives via investment will determine if you can be able to access 1btc.

One thing that  happens is that people buy their coins out of FOMO but when that feeling takes over the market we are already close to the top of that movement, but when FUD is the dominant feeling, like it is right now, very few people buy bitcoin, and even if the price of bitcoin is still high and not many people can afford to pay almost 20k for a bitcoin they can surely buy way more bitcoin now than what they will be able to buy if they decide to let go of this opportunity and buy bitcoin in a few years once the bull market is already present.

And meanwhile here I am pretty satisfied with the Bitcoin I have (which has a bunch of zeroes behind that decimal point). I honestly don't think it's much of an issue even, heck Bitcoin being transacted even with values below 1 is what makes it another good option as a payment method and also enables other late investors to enter and own Bitcoin. Just invest and buy what you can afford, buying 1 Bitcoin does make you kind of like a premium but honestly, that's like a self-praise kind of thing imo. However much you have, it doesn't remove the fact that you own Bitcoin.

But of course, you should know that nothing is ever for everybody. Even as cheap as most tokens are, there are investors who wouldn't touch them with a pole. For instance, not everyone owns XRP or Dogecoin or Litecoin. So, why should anyone expect everyone to even own a fraction of Bitcoin let alone a complete one.

---

You've to factor in the fact that not all those millionaires listed are fans of Bitcoin. So, that should leave extra on the table for non-millionaires like me 🤔

Don't leave a bet on that. The Pope could be one of the richest in the world with all that daily offertory and aids to his office 🧐

1 Bitcoin has become a dream of many people because the price has risen thousands of times and because people believe that it will rise several thousand more in the future. This is a fact yes, no one expected several years ago that the price of Bitcoin would reach 70k$ at a peak, so many people who got several Bitcoins in the past sold them at very cheap prices, now everyone is holding the Bitcoin and they are only willing to sell at very high prices.

When there is a case of eating pizza using BTC and another time when the price of BTC raised in 70 thousand dollars. Then what happens to those sellers? Current holders of BTC can see that time which is not impossible. Because the number of BTC is limited, not everyone can own 1 Bitcoin. Now many of us are dreaming that even if it is satoshi that would be worth to hold.

Well done!


Actually this math is terribly wrong because there's a very good chance that more than half of the 21M is locked in wallets lost or to people or entities not willing to sell (the vast majority of those funds) for very long time.
Even more, one can safely count on the fact that some will buy more than 1BTC. Did you really stop at 1BTC? I kinda doubt it. And even owning 1.001BTC means the result is different.

On the other hand, who cares of those millionaires? :D Let them hold fiat; we hold Bitcoin.

you dont have to Buy it , but you can earn bitcoin and maybe we cannot accumulate a whole bitcoin but learning how it moves? even a thousand satoshi is much to hold if we are talking long term here.

remember that the price will keep on pumping and that is what bitcoin is all about.

Buy at low, sell at high.

just take everything that you can gather , it will be a big help in future.

When bitcoin was cheap, one person could buy a lot of bitcoins, no one cared. But when 1 bitcoin costs tens of thousands of dollars, people rush to find ways to own it. People always tend to ignore things that have no value but are willing to buy them with high value.

To own 1 bitcoin from now on really not many people can do but we still have a chance to own bitcoin, we can buy a fraction of bitcoin, not necessarily exactly 1 bitcoin. Take advantage of the opportunity now, don't let the bitcoin price reach $ 100k or $ 1 million, the opportunity will be gone.

I think that $20k is doable in most western countries. The problem is that most of those affording $20k don't trust bitcoin so they invest so much in that.
Somehow we forget that we're still a small community; and we also forget that this is only the beginning, bitcoin is still young.

For western then it would be likely that really that hard but for those who do live on east or 3rd world countries then it would really be close to impossible thats why we cant really say that it would be simple.1 decade on its existence is indeed not that too late for people who do tend to invest.Its not really necessary to get 1 whole coin since you could really get bitcoin on fractions
which means it would really be just basing on what you could really able to afford but of course you should always mind about risk because there's no guarantee that it would really
take off on the future but basing and looking into its potential then there's no doubt about that and Bitcoin is for everybody as long you do know on what it is
even with just the basic understanding then you're good to go no matter what status you do have.

bitcoin stock is very limited and more than 50% is already stored in the wallet, with a total amount of 22 million of course not everyone can have 1 btc, moreover the price of 1 btc in my country can buy a house the size of 100 square meters if in the city and if in the village can get 500 square meters.

Like in every investment, the same rule is there for Bitcoin too: don't invest what you don't afford to lose. Of course, poor people, people who clearly don't afford investing (into anything at all) will be missed out. The few who can afford to invest will probably have to invest less and lower their expectations (maybe 0.1 BTC?).
After all, while Bitcoin is an interesting investment, it's not a simple "get rich quick" scheme.

Not all btc are safely stored in the wallet but there might be some who lose permanently in the process like they sent the btc to an invalid address but I think 50% is too low when the total btc mined is already 90%+. Also, the supply of btc is not 22 million but it's only 21 million. With the price of btc which are now expensive, it's almost impossible now for a regular individual to own one.

Not unlike to the early adopters where they only bought their btc at a much cheaper rate. If you have $18k right now, you will think deeply if you will buy a one whole btc or prioritize other things which you think are more beneficial to you like house or land.

Of course, not everyone can buy 1BTC. Even with the current price of $19k, it is a huge amount of money for a poor person like me. I will never have a BTC investment if it is a must to buy 1BTC.  :D  Luckily, we can buy a small part of Bitcoin, it is not a must to buy 1 BTC. So, both rich and poor people can have BTC investments. But, someday, I am still dreaming of holding 1 BTC.

I am pretty sure that we are going to end up seeing a lot of changes in the bitcoin accumulation by people eventually. People buy it to get rich these days, but people will eventually realize that they shouldn't buy it to get rich, they should buy it to hold it for long, even too long.

I personally feel like if I can do the right thing, then I could hold it until I die and pass it to my child one day, if I ever have a kid. That way it would be possible for them to have a much better life. I am doing alright, I do not need wealth to be happy, I am happy without wealth, but providing wealth to my kids would be something I would be super happy about.

Since there are fewer rich people in this world than poor people, of course more people cannot afford to buy 1 BTC. But as you said we don't have
to buy 1 BTC to be able to invest in Bitcoin, because we can buy Bitcoin fractions according to our respective finances. Even with $10 we can buy Bitcoin,
meaning Bitcoin is affordable enough for anyone to buy. We don't need to be rich first to buy Bitcoin, even with a small salary we can actually have 1 BTC,
the most important thing is to be patient to collect Bitcoin fractions little by little, in the end 1 BTC can be earned by anyone who tries hard to collect it.
So never give up to be able to have 1 BTC, although the price of Bitcoin continues to rise. But with a strong intention and also accompanied
by persistent efforts, I believe anyone can own 1 BTC in the end.

It is true that if you live in a country in which the average salary for each person is higher then it should be easier for such person to try to buy a whole bitcoin, however as we know in a great deal of those countries people are living way beyond their means which means they do not save a single cent out of their monthly pay and instead they even spend more money than what they earn, so despite the amount of money they get as their salary they have no way to get any bitcoin either.

I guess that's okay because it's a process everyone must undergo. I'm sure if the altcoin season comes back and many of your altcoins can rise high and even give you big profits, your assets in the form of bitcoin or stable coins will increase. And if the current bitcoin price is still below, you can immediately buy bitcoin and there is a possibility you can buy more than 1 bitcoin. So whatever the bitcoin price, you can try to keep accumulating more and more satoshi from now on.

For the most part I agree, that bitcoin is not for everyone, as only a small percentage can take the opportunity to buy bitcoins in bulk, regardless of the reaction of the returns.
Bitcoin averages have shown a bull and bear wave, but on the plus side they were able to beat the lower levels, during the high price pumping.
So that people never worry when bitcoin experiences a period of decline and correction.
That's why bitcoin is different from other cryptocurrencies

1 btc is not for everyone but btc is for everyone because they can just buy bitcoin in tiny amounts. For someone who had an experience already in the market, they are the ones who doesn't worry while it's the opposite for a newbie. Instead of buying they will panic and sell when the price is declining. They will only realize their mistakes once they stay in this market for a long time, like us who are pioneers already.

We also regret on why we didn't join btc earlier or haven't invested on it when its price is still at 3k dollars and below. Btc is different from others because it's the main crypto while the rest can be classified as tokens and altcoins.

And while it is true that bitcoin is not for everyone at the same time this is still a sad fact, after all if we see all the human suffering that people are experiencing because of the high inflation that is present all around the world and how much that suffering is going to increase because things are going to get even worse we can safely say that those people could make use of an asset that is not inflated away that easily.

And bitcoin could be there for those people, but since they are unable to endure the ups and downs of the market they refuse to buy even at the current price, something they're going to regret during the next years.

For beginners, it's best to buy small amounts first, before taking big steps in investing, maybe that's why people say not everyone can afford to invest in bitcoin.
However, if purchased in small quantities, the impact of the risk is not so great.
Moreover, they are not used to investing in bitcoin before.

That's why I mentioned that beginners are not very suitable to invest in large amounts of Bitcoin, because they are not familiar with the risks involved, so that when prices decline, beginners will panic and take the wrong steps

1BTC isn't for everyone yes I agree.
That is why there is something called "Satoshi" and the good thing is that, Bitcoin can be divided into 100,000,000 Satoshis.

Why chasing for 1BTC if you can even get a portion of it? I myself, isn't thinking of having 1 Bitcoin. Having a portion of it is enough for me already. If you aren't rich then don't chase 1 Bitcoin. If you don't have that much spare money to buy 1 Bitcoin then just buy a portion of it. If only I didn't use all of my Bitcoins for some reasons starting in 2018 until now, I might have a total of 0.1 BTC already or more but no regrets at all. I will regret more if I'm not holding any Bitcoin at all.

The inability of a person to invest in bitcoin is not an obstacle, we can make a small scheme before going further, with the consideration of buying according to ability.
Because what is impossible is not in desire, but how can someone realize, althouls something we need time to review the small purchase process, if you have patient and perseverance, then that too is not possible can be prepared.

Can side along with "Bitcoin is not for everyone" as I've certainly seen how it's not for the majority of people -- because the majority of people attracted to Bitcoin are attracted to its prospects of profitability... which is why speculation is still Bitcoin's biggest use case (at the moment). Hate saying it but it's true for the majority of people.

This has nothing to do with units of Bitcoin. Even at $1 Bitcoin wasn't for everyone ;)

There is diverse of people with diverse habit and approach to life, while some are good and strategic planners and thinkers, some does anything that enters head without cross examining the after effects. Some do things because their mates, peers or colleagues did same thing.
Those desire to meet up with trend or mate has made so many lose a nice virtue called contentment.  Contentment keeps you ease and allow you to plan well without settting yourself up for distress.

I have seen some people plung into huge debts in order to own 1 btc, those that took loan to own 1btc when it was at $50k, what will be their fate today and how long would they have to wait to hit $50 again. We should learn to plan and invest in our different paces.

Investing is never justified using other people's borrowed money, this is not a financial freedom solution, but plunges yourself into new problems.
Investing also requires planning, maturity and serenity in running, how many people have money, but they are not necessarily ready to invest in crypto, because they are aware, to get started requires knowledge, strategy and understanding of investment patterns.
The fate you describe is even worse, if one cannot generate returns.

A good investment is an investment that is carried out fairly and yes, it is not recommended to make a loan that will be used for investment because some people will not immediately benefit in the short term so that loan repayments can be hampered for them. And it's true as you said that investments made with planning, calm and discretion will work better in the long run because the person can be patient with changing market conditions for the worse.

What you say is absolutely true, but unfortunately a lot of people do not understand this principle in investing. They don't have background knowledge but want to invest in bitcoin with get-rich-quick mindset, which makes them pay dearly when borrowing to invest.
If people actively equip themselves with knowledge, given the strategy, and plan all their investments, we will never see panics and dumping happening in the market.
Bitcoin belongs to everyone, but the way everyone perceives it is not the same makes many people always skeptical about it without knowing that the problem is with them and not with bitcoin.

Bitcoin and Crytocurrencies will continue to be uncected, it is difficult to guess whether the price will be rise or drop, as is the suspicion of many holders at the beginning of the year that the price will not drop below $ 40k but it happens even a few days ago the price of the drop to around $ 18k, this became Important lessons that we must always be vigilant and never hope too much.

That is why rich men hardly lose money, they know how they suffered to get the money, they understand that investment requires more than sending in money. It is people that doesn't understand the principles that easily send money to what they do not understand or what they cannot control. This is why some rich people don't have investment in bitcoin. It's either they don't understand how bitcoin works or they feel they are comfortable and not ready to play with volatility.


Bitcoin belongs to everyone, but those people that thinks that bitcoin is an opportunity that will end next month always fall victim of losses. But if you understand that bitcoin and cryptocurrency will still give opportunity to investment even in 30yrs to come. You will plan yourself very well.

Doing something like that is very irresponsible if the person that is doing it is not someone that can control their risk appropriately, and if we are honest the amount of traders which can do something like this are very limited, so as a rule no newbie trader or even a trader with a few years of experience should take a loan to buy bitcoin, after all we have seen many examples in the forum of people doing something like this and things always go awfully wrong.

It is sad that so many people around the world, especially ones in poor countries will never be able to buy 1 Bitcoin in their whole life. Its still expensive for at least half of the world. My personal focus is to get as much as Bitcoin I can. Cause I am sure Bitcoin will hit 100k dollars for once. At that point if I could get 2 Bitcoins it will change my whole life. Our country is rather poor country so Bitcoin saves my life.

Satoshi never said everyone will get at least 1 Bitcoin on their wallet, so what's the reason why everyone need to have 1 Bitcoin? If everyone can have 1 Bitcoin, I think Bitcoin will become worthless since Bitcoin broke their own protocol for having 21 Million supply.

But since Bitcoin currently mined around 19 Million which is only 2 Million left, many people have a chance to get 1 Bitcoin if they want to become a miner or buy every dip of Bitcoin and holding for long term.

No one ever said because it is really just basing on personal choice and financial capacity and since we could buy bitcoin on fractions or on satoshis then it wont really be that necessary that you should
get a whole coin and doesnt mean that it isnt for everyone.Dont know on where he do get that kind of belief that telling that it isnt for those people who cant afford 1 Bitcoin.
He would definitely be changing up his words on the time that he do realize that he could get and accumulate on small portions.
This is where majority had been doing on which trying out to accumulate coins as much as we could since we do know on whats Bitcoins potential.

Bitcoin is expensive that everyone can't afford it, but we've got the access to buy according to our affordability. This means bitcoin is for all and not for the rich or the people with good sum of money. The interesting part that strikes my mind, even if we've known about bitcoin when it was around $100 we couldn't have bought it. Just on experiencing it's growth we look for ways to buy.

1 Bitcoin is certainly a very high value for most people, I also see 1 BTC is a difficult thing I get if I work for a year, but the thing I do is keep buying even with a small value but I keep it on the trust wallet and is optimistic that a When it can reach 1 BTC.

Actually in this case there is no requirement for someone to store 1 bitcoin in their wallet because there is no such standard and there is no recommendation that this should be done.
But it would be great if we had it in our wallet regardless of the amount. Now there are only strategies and financial conditions. who believe in bitcoin and have sufficient money conditions then they can earn more than people in general.

That's only for ordinary people who can't get 1 BTC in one year, but for those entrepreneurs or bosses of a well-known company, they can definitely get 1 BTC or even more within a year. Because the profits from the products that are marketed every day can be collected to buy BTC if they want it after paying all the salaries of the employees who work in the company.

So believe that this is not always impossible to get for everyone except for ordinary people like you and me and others. Because getting 1 unit of BTC in a year also still depends on a person's ability to do business and also his ability to work in a certain place. So you are still possible to improve your abilities this year so that the target to get 1 BTC can be achieved in the not too distant future.

But you don't have to own exactly 1bitcoin to become rich or out of poverty. If you invest now and accumulate over time and vision about bitcoin in 10 years or 20 years if bitcoin can reach 1 million dollars and with the bitcoin you are holding will also make you better .
If you think bitcoin has become too expensive and don't want to buy it now, later when bitcoin rises to $100k or $200k, then you won't stand a chance to buy.
Bitcoin can be said to be the best opportunity for the poor to change their position in society, don't disparage and say its current price is too expensive to buy, I think bitcoin is still very cheap compared to the potential it brings.

Made sense, coz there should only be 21m total supply of Btc when it's all mined in the future. Currently, there are 19m total supply mined. I'm not sure how much Bitcoin has been lost into circulation for the forgotten wallet and lost keys.
If everyone could afford 1 Btc, then for sure the prices would be cheap and only few people would own 1 or 2 Btc.
That's what make Bitcoin special with it's limited supply, the value will obviously rise as the demand rises as well.

That includes me, and the sadder thing is that I had over one bitcoin in my wallet back in the day when bitcoin didn't worth this much but at the same time we are talking about money that I would never have, if I had some bitcoins right now that would have been bringing me returns as high as my entire salary and yet I didn't hold it which is why it is not a good situation to be in.

By the end of the year, I am hoping to have 0.1 again, been grinding and working for years to get there, and that is just 10% of 1 bitcoin. It's fine though, because richer people could end up working to get as many as people, but then we could end up with a good return on my smaller bitcoin amount too.

It is important to never get discouraged when something like this happens to us, after all who doesn't have a story about spending their bitcoin in stuff they did not really needed when it was cheap and now they regret doing so? But at the end what matters is that we recognize that bitcoin is going to be part of the economic system for a very long time and that it is better we get as much of it while we can, because the longer we wait in order to take action the less bitcoin we're going to get at the end of the day.

Although many people find it difficult to have 1 BTC, but as long as we try to accumulate Bitcoin according to our respective incomes. I believe
the opportunity for us to have 1 BTC is still open, the most important thing is that we must have a strong intention first to be able to have 1 BTC.
Because usually if from the beginning we have a strong intention, will make us more excited to look for side jobs so that our income can increase
and we can accumulate more Bitcoins. I'm sure if there are people who struggle hard to accumulate Bitcoin, in the end the desire to have 1 BTC
can be achieved. Nothing is impossible if we try to do our best. I always believe in hard work and never give up, will give satisfactory results.
So don't give up if our income doesn't allow buying 1 BTC at a time, we can still buy Bitcoin fractions first, if we consistently accumulate Bitcoin.
I believe in the end we can have 1 BTC.

There are instances or situations in life which would really be making us to decide on selling out those coins that we do have.Its true that there's no time to regret and keeps coming back on what you had

done in the past yet this would really just resulting into more lots of stress and frustration which might be a hindrance into your possible next actions that you would be having in life or in investment field.

1 Bitcoin accumulation isnt something for everybody and it is true basing up into its value then this isnt something that you could easily get hold of but its not necessary since we could always
do in fractions.

Even the current price of Bitcoin is cheaper compared to the last bullrun, it still not affordable for many of us to buy the whole 1 Bitcoin. However like what you have pointed out we can always buy in fraction, if we keep doing so, you wont notice that you're getting more that can possibly close to 1 BTC. Its just depends on your strategy and your determination to achieve it. Of course it's not easy especially if you're earning just enough for expenses. But as I have said, if you're determine to do it then there's always a possibility.

I actually didn't care for everything that happens or prices of bitcoin now or even care about having a Whole bitcoin because what is important for me is that I have bitcoin in my hands and will keep using this.

either 1 whole bitcoin or just small chunk? yet this is bitcoin that has a great potential and futuristic value .

Will continue having bitcoin , and will accumulate anytime that I am capable .

Those who believe in Bitcoin will continue to do their best to collect Bitcoins even if these are small parts of bitcoin. Because that holder knows that one bitcoin might be enough for his whole life. Either Satoshi cannot be ignored in this context. At the right time a small fraction of Bitcoin can be the solution of a difficult task.

For the ones which understand bitcoin and its potential this is the only option they have, fiat money is experimenting a huge crisis from which we don’t know if it’ll recover, so instead of going down with it why not do something to protect ourselves from its pernicious effects?

Now people see the price of bitcoin and they think it is expensive, and they may be right, but as you say they don't have to buy a whole bitcoin, people could buy one mBTC which currently has a value of just 20 dollars, so even if we are talking about the same amount of bitcoin when you think about it in this way bitcoin suddenly looks way cheaper.

This week, Bitcoin is stayed at around $19,000. So I can refer to this as a very reliable price. At this price, many people can express interest in purchasing Bitcoin. In the meantime we know that the number of Bitcoin holders is not too high. Multiple wallets have high amounts of Bitcoin and nothing else is excavated that bitcoin can be added to some more wallets. Most people will fail to collect 1 bitcoin because of the Bitcoin limited supply.

That's okay my friend, you do not have to worry about the losses because they happened in the past, focus on the future and how you could make a profit. As I can see you said you are working towards 0.1 bitcoin and that is great, the bitcoins that you do not own right now do not exist and they are in the past and you could do absolutely nothing about it. But that 0.1 bitcoin that you will own will be the life changer because if that reaches to 100k, you will have 10k, and until it reaches 200k, if you make 0.2 bitcoin as well, that's 40k.

Most of the world that's good enough to spend an entire year without working and still living comfortably, for some nations that's as big as 2-3 even 5 years. So just focus on what you can get, and forget about the past.

Since, the bitcoin supply is too limited, it is not possible for everyone to get one bitcoin or even half a bitcoin.

In near future, those people who have only 0.1 bitcoin, they would be counted as the world's richest people. Therefore you can imagine how high will be bitcoin prices and most of us will feel lucky as we know bitcoin at its early stages and more importantly we have some portion of bitcoins.

Without a doubt the goal of getting one bitcoin is getting harder and harder, which is why for the people that are on the fence about bitcoin they need to start their journey now or they may never realize this dream of theirs, but as you say it isn't a must to buy that much bitcoin, people have made some basic calculations and if bitcoin is adopted by billions of people the average amount of bitcoin each person could have is very low, so even something like 0.1 BTC can be a huge amount in the decades to come.

It is really getting harder to accumulate Bitcoin because the price is getting higher and higher. Another factor that make it difficult to buy BTC is the inflation of prices of commodities but a regular employee's wage doesn't increase.  The ability of a normal individual to buy BTC is deteriorating because of the economic factors such as price hike, salary cut due to working hours changes, etc. Instead of buying a few satoshis, people will choose to spend their money to bring food to their table. 

In the end nobody should have a whole Bitcoin, that kind of seems to be the destination intended in the naming of this protocol.  Its always been about exchanging the bits not the entire BTC and its ease in doing so is the point of the whole system.
  My take on that is just maths resolving from if the whole world can use even just a small holding of BTC, down to pocket change type stuff because of its unique asset type and usage online especially then you must resolve that the price very likely will be much higher and each person only requires a small bit not entire BTC to receive the utility of being in Bitcoin.  
  A majority of the world population is living in or around China (yes Asia but really anywhere that involves large scale economic activity) , that whole area of people is a long way from Washington DC and its banking system upon which the Dollar reserve world currency is currently pivotal.
  Whatever happens next its very likely we evolve towards some system more inclusive of the world entirely not just the older western based 'advanced' economies, growth will benefit an evolution we just cant be sure of the exact direction but I think serving the most people directly is likely to happen.   US dollar is quite indirect for many remote countries now, so disadvantaging those people not included in that political realm.

for me personally, to be able to get 1 bitcoin requires a large amount of money or a long time then the possibility (for me to have 1 bitcoin) is very small. those who have 1 bitcoin in their wallet from the start must be lucky people and from the start, they believed in the future of bitcoin. I regret not knowing bitcoin longer when the price was still very affordable.

It’s too late to regret now, I know people who are able to have more than 1 Bitcoin before but sells it before 2018 price dump, it will not matter if we knew it before but then didn’t Hold it so better plan now whether to buy more BTC even it will not reach a whole BTC but will be able to save until the price skyrocket or set another new ATH. It's not how long we know BTC but how we are able to adopt and use it for our benefits like in trading or as means of investment.

Overall Bitcoin is a rather interesting idea that has sparked the curiosity of millions of people. This is not for everyone because the price factor from time to time goes up and is considered very high. but I think the important thing is that we recognize the potential of cryptocurrencies and study it so that we understand where it is going.

High inflation is probably the number one problem that people are currently facing, because even if the price of bitcoin is more affordable than it has been in quite some time now people need to spend way more money on their basic necessities, this leaves less money available for saving and investing which makes accumulating bitcoin even harder, however I sincerely believe this is something that people must make an effort to do because if they don't they will regret not doing this when they had the opportunity to buy bitcoin for less than six figures.

Once you do step your foot into cryptocurrencies then you should really make yourself that fully aware on how it do behaves or even with just the basic principles on what it is so that you wont really be having that kind

of hardship or being mind boggled whenever you do encounter it.1 BTC isnt a necessary accumulation for each individual considering that the whole coin value almost 20k then not everyone will really be able on doing so

but we know that we could purchase in fractions.It isnt really that necessary to accumulate whole coin but in other peoples mindset then they do really set off that kind of particular goal or target.

actually it is not literally 1 bitcoin per person , this address to the capacity of people that buying or having bitcoin , they tend to wish having one but not doing everything to accumulate , there are so much bitcoin available in exchange yet ? people are still praying to have one.

and for me? i rather have altcoins that holding single coin like bitcoin in which so much price and altcoin are cheaper.

According to data the number of active bitcoin users is currently more than 200 million, while the number of bitcoin is only 22 million and according to data more than 5 million bitcoins are locked or lost because people throw away private keys when bitcoin prices are very cheap. from this data it is certainly not easy to have 1 bitcoin.

At the rate on how the price moves as compare to it's scarcity? definitely hard to get 1 bitcoin in this year. And it might takes years to accumulate and so it will be a big challenge for everyone if we had this kind of dream.

Nevertheless, to not put any pressure upon ourselves, then just save and accumulate as much as you can. Sell if you needed fiat and then go on. Maybe there will be a time that you might reach your goal of 1 bitcoin.

if I only hold all the bitcoin that cross my hands? surely I already owned more than 4 bitcoin since then but I lose them all from wrong decisioning and mishandling . and if will only given a  chance? maybe I'll try to keep as many as i can till now.
but what OP mentioned is indeed what we must understand because the totality is too small for the whole world.
but at least holding some part will extend our capacity to have funds in the future.
seriously ? affordable to buy at 20k dollars per bitcoin? if this is affordable then we all must have bitcoin each in our pocket?

Although it will be kinda of hard as individual to spend 20k on it but looking at the price at the start of year I think late investors just getting into cryptocurrency have been given a second chance by this bear market to own a large portion of it. The other issue about owning 1 BTC is that the 20k does not look big to some individuals but how long they can afford to leave out that huge amount without it having a financial difficulty on them.

Many people will say that those who own bitcoin early are lucky, but in my opinion that is not necessarily true. It is true that many people were lucky enough to know about bitcoin from a very early age when bitcoins cost only a few dollars to several hundred dollars. But not many people can hold till today, they sold when bitcoin hit 1000$ or 10000$ before. For those who still hold it till now, they really have absolute faith in bitcoin, how much hardship they have to go through, how much pressure from people who always say bitcoin will die when bitcoin plummets many times. Can say they are great people who deserve the rewards they deserve because they have held bitcoin to this day. Not many people can do this.

prices above $ 10k in my opinion are still very expensive, because the bear market is still not finished and there is a possibility that the price of Bitcoin will drop below $ 10k,
yes for people who have bought above $ 50 k my advice is you should use a cut lose, because if the price bitcoin drops to $10k then I'm sure there will be high selling pressure, so be careful

Even $1k price would really be still expensive for most people.To those who do lived on first world then it would really be that simple for them to accumulate but for those who do lived on developing countries then it would really be a huge or tough challenge for them to accumulate and getting a  single coin but what just the most people been saying on here that we dont really need to buy a whole coin which we could really able to buy
on small amounts until you do able to reach out on possessing a whole coin.Yes, its expensive but lets just accept the reality that there are people who are financially capable and there are ones
who do struggle out on living on daily basis which their earnings is just sufficient for their survival.

However, it wasn't really a need to acquire 1 Bitcoin at a time. There is a way to accumulate Bitcoin and that is the DCA strategy which only buying a few sats during market corrections to make it 1 whole Bitcoin someday. But yes, we also have to put into consideration that not all can handle the risk and market stress and that is the reason why many people will think it was expensive because they don't want to buy it in the first place. It is an investment mindset and sadly, not all of us have that thing.

Right. Buying bitcoin at its expensive price will always be a struggle for those who have low income or profits from other investments. The reason why we should always wait for bitcoin price decline as it’s a good opportunity to maximize buying at its cheaper price. However, owning bitcoin will never be compulsory, but if you believe in its high potentials that will bring significance in the future, then it’s better to own it at this early time.

Had my financial condition today been exactly the same as the early years of bitcoin, then I believe I would have a lot of bitcoins in my wallet then. But unfortunately I couldn't do much because my financial condition at that time was not good, but I didn't forget to be grateful because in the end I was able to have it.

Now comparing 2013 with 2022 about bitcoin price is not great because they are all very different. In 2013 I believe the adoption of bitcoin has not been as much as now, people are still doubtful and the lack of information about bitcoin is also still very decisive. But by 2022, I can already imagine that 99% of countries in the world are already familiar with bitcoin. 1 bitcoin now may no longer be able to be bought by everyone because of the price, but I can clearly remember that 1 bitcoin in 2013 I had to buy by saving two weeks. But I'm here for 2015. Lol

though the main problem for each of us to not earn or have 1 whole bitcoin? because of either we are late to learn this ? or we refuse to trust since day 1 that we come to learn about the currency.

But considering that we will not take that amount? yet having bitcoin at all amount is a blessing already because in the future? this may change and may not bring anything for the betterment of everyone.
so lets accumulate what we can afford at this stage and may have a goal for our future use.

I had something similar, I mean a lot more than 4 bitcoins so far, I had that from faucets nearly 10 years ago so it wasn't really a big de back in the day to have a few bitcoins and now I do not even have 1. But that is okay, that’s the economy that we are keeping alive, I know that it would be lovely if we had more, but if everyone bought it and then hold it, then it wouldn't have a value today.

People think that it would be lovely if we all buy and hold, but "some" people need to sell in order for it to grow to bigger population. Obviously, we would prefer that those who sell to reach bigger audience was someone else, but we at least played a part.

1 Bitcoin has reached the price of $19k of course for that price not for everyone, but we need to remember that everyone can buy Bitcoin and can store Bitcoin,
so why think about 1 Bitcoin? I believe Satoshi Nakamoto made Bitcoin not to think that everyone can buy 1 Bitcoin, but that everyone can have Bitcoin,
therefore the smallest unit of bitcoin is Satoshi, so I think Satoshi is for Everyone not 1 Bitcoin. Am i Right?

That is definitely true that "some" people need to sell so that we would have a circulation in the crypto world but that doesn't change the fact that you could have been one of the people that hodl it.

That way you would be rich right now, I am one of those people who didn't, and I am feeling the sorrow of it because sometimes it's hard to even find 50 bucks, let alone millions of dollars and when I look at my wallet, I can see that "millions of dollars" went in and out of it, obviously it was just a few thousand dollars at most at the time when it happened, but if I kept every single bitcoin that came in, I would have 90 million dollars today, and knowing that really hurts me a lot.

This is basically the same story for most of the investors back a few years ago. They probably are all in profit though, depending on where they sold even to this day. So, it's not like they lost out massively it's just they either lost faith which does tend to happen or they simply sold at a price that was inconceivable to them at the time they invested.

Some may have only profited a small amount in comparison, because they never expected their coin to be worth $100 or something around that figure. Honestly, I think most of the forum these days have less than they did a few years ago.

Who can predict in 2013 Bitcoin will reach a price of $20k or with ATH $68,789 at this point? Who has a lot of money in his pocket that can hold Bitcoin to this day. Because they can cover their needs other than the money invested in Bitcoin. Thus they can sell at high prices. If everyone knew that Bitcoin would hit $20k or $68k, of course all investors would have held it up until now. But for now we can only move on to the future even though it is not comparable to 2013.

The good thing about bitcoin is you can even buy and hold a portion of it, and just only buy again when you are already in profits. That way, you will never struggle hard to store 1 bitcoin as there is no required amount to buy or store in your wallet. However, rich investors will always have the opportunities to store more than 1 bitcoin as they have all the means to buy a whole bitcoin in just a single purchase.

Yep, someone doesn't require to own 1 Bitcoin, Bitcoin can be owned a half or less than a half. It is the advantage of Bitcoin that we can buy even only a few small pieces of Bitcoin. Sure, we can continue to buy more and more, someday it can be 1 Bitcoin or above.

Regarding the rich people, they have the ability to buy many of Bitcoin since they have a lot of money. So, it is not surprising that many rich people buy more than 1 BTC. Especially, if the rich people really understand the potential of Bitcoin, they must buy and hold Bitcoin as many as possible. Many of them buy more than 100 Bitcoin at once.

I know relying on my monthly income will not be enough to buy 1 BTC, but what's interesting about Bitcoin and that it can be affordable
by anyone, is because we don't need to buy 1 BTC directly. We just need to buy Bitcoin fractions according to our respective financial capabilities.
If we accumulate the fractions of Bitcoin that we buy in the long term, I believe everyone can afford to own 1 BTC. The problem is that many people
can't wait to go through the process to be able to have 1 BTC,  some people have given up investing in Bitcoin and think Bitcoin is not for everyone.
Whereas we ourselves can determine whether we can have 1 BTC or not.

Regarding rich people, with big finances they can buy 1 BTC at once, even I have a friend who immediately bought 5 BTC. But it depends on
the person too, because there are also rich people who are not interested in Bitcoin and view Bitcoin negatively. So people who buy Bitcoin are
only people who believe in Bitcoin, so I agree Bitcoin is not for everyone. But Bitcoin is only for people who believe in the future of Bitcoin.