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Author Topic: What's the amount that every Bitcoiner should own ?  (Read 3931 times)
jonald_fyookball
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August 09, 2015, 04:26:30 AM
 #41

everyone need at least one Bitcoin at this stage or you're either a) a freaking joke b) not serious , not gangsta c) a first class grade A moron , d) a broke ass loser, e) clueless ....or all of the above.  just gtfo and make room. lead follow or get out of the way, I'm serious. Cheesy Cheesy

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August 09, 2015, 05:05:34 AM
 #42

it depends on the amount of money you have, from 1 to 10BTC

(and 1 Litecoin  Tongue )

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richardsNY
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August 09, 2015, 07:48:07 AM
 #43

I am happy if I at some point own 10 btc. That's my goal.
jeffthebaker
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August 09, 2015, 07:49:22 AM
 #44

2.1 BTC has always seemed like a fair amount to me in regards to this question. 2.1 BTC makes you one in a million, which could be potentially huge if/when mass adoption occurs. For everyone who doesn't have it, aim for 2.1 BTC Smiley
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August 09, 2015, 08:27:01 AM
 #45

Bitcoin reach millions of people but I think there are only 1 million who use/trade/hold it actively. I think every Bitcoiner should own at least 1 Bitcoin.
I hold 10 Bitcoin and use another 10 for everything else.

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August 09, 2015, 09:17:36 AM
 #46

I made a promise to myself, not to sell 2 BTC even if the price goes to $10 000. I will keep it in cold storage and wait for the moon....  Grin

I think most of us, cannot believe that a price of $100 000 per Bitcoin is possible.... but how would we feel, if for some miracle it did happen?

Let's just all hoard 1 to 2 BTC and spend the rest to oil the system. There is no joy, if you hodl all your coins and you do not spend any.

The figures I quoted here seems impossible... but what if.... I'd rather be prepared, when it does happen.  Cool

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jonald_fyookball
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August 09, 2015, 01:12:20 PM
 #47

2.1 BTC has always seemed like a fair amount to me in regards to this question. 2.1 BTC makes you one in a million, which could be potentially huge if/when mass adoption occurs. For everyone who doesn't have it, aim for 2.1 BTC Smiley

one in ten mil. 

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August 09, 2015, 01:29:33 PM
 #48

...
So , from that ... I want to know how much do you think every bitcoin should be holding ? (Holding means not using it or spend it just keep it safe on Cold storage or PC or whatever without touching them)

well holding bitcoin means a long term investment so i guess the amount depends on the person's wealth and salary and how much he / she wants to invest in bitcoin.
for example if you are earning enough money and have extra for investment in something, i think it is a good idea to invest the whole amount in bitcoin and have at least 10BTC and hold it for the future.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
BillyBobZorton
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August 09, 2015, 02:21:32 PM
 #49

Don't get your hopes high. While it is true that less that 90% bitcoiners hold less that 1 BTC, there are some pretty rich individuals out there who hold more that 1000 BTC.
Early adopters are out there and are waiting for bitcoin to reach high value. I seriously doubt it will be sufficient to hold 1 or even 10 BTC to have significant capital in the future.

If you think you can buy more, then buy, if you want to be safe I think that about 100 BTC would be sufficient. If you think less is enough - you are being naive.

This is like saying 100k or 1 Million Dollar is nothing because there are people out there who own a few billion dollar. Stupid argument imo.
And what happens when Bitcoin reaches high price? Your assumption I guess is that they might cash out right? And so the price dumps.
But early adopters could have cashed out in december 2013 to mid last year for a making a really high profit.

I believe some of them might sell a part of their stash.But also believe that in the next big rally these  dumps will be quickly absorbed by people who want to get in or to accumulate more.So no big deal. A few whales sell and Bitcoin gets more distribution.Win win situation.

100 BTC is about 28000 dollar. I highly doubt that the average guy here can accumulate this in 5 years. In 10 years might be possible for good minority.
I'd say an amount of 5-25, or maybe 50 BTC if someone really can afford it, is a really good amount to aim out for.

Keep in mind the risk. So do yourself a favour and only invest what you can afford to lose.

Something is clear, once we get past 1K ATH again a lot of whales will sell, why, well its pretty simple, we've seen what happened after 1K, also 1K is a very round number of psychological fear factor, so a lot of whales will sell, but a lot of bull pressure will follow and we will reach a higher ATH after maybe 2 o 3 months of correction. Thats my take.
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August 09, 2015, 02:44:43 PM
 #50

Depends on the expected adoption.
1 btc will be enough. but 21 is my goal for get to the 1 in a million club

Don't kid yourself! You and everyone else knows after you hit 21 coins, you'll still continue to accumulate more and more!
When I started, I said my goal is to have 1 full bitcoin. Then it went to two, then four and so on. My goal now is to keep accumulating, there is no magic number anymore.

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August 09, 2015, 05:32:12 PM
 #51


Don't kid yourself! You and everyone else knows after you hit 21 coins, you'll still continue to accumulate more and more!
When I started, I said my goal is to have 1 full bitcoin. Then it went to two, then four and so on. My goal now is to keep accumulating, there is no magic number anymore.


Well, I decided what would be the right amount to have and stuck to it. If more arrives then it's all gravy but you could easily get overexcited and find yourself pimping out grandma for more. Moderation can be a wonderful thing.
futureofbitcoin
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August 09, 2015, 05:41:38 PM
 #52

2.1 BTC has always seemed like a fair amount to me in regards to this question. 2.1 BTC makes you one in a million, which could be potentially huge if/when mass adoption occurs. For everyone who doesn't have it, aim for 2.1 BTC Smiley

one in ten mil. 

well actually, its about 1 in 700 :p
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August 09, 2015, 05:53:54 PM
 #53

2.1 BTC has always seemed like a fair amount to me in regards to this question. 2.1 BTC makes you one in a million, which could be potentially huge if/when mass adoption occurs. For everyone who doesn't have it, aim for 2.1 BTC Smiley

one in ten mil.  

well actually, its about 1 in 700 :p

It might not seem like much to us now, but just having 1 should be enough when you think about it.  There are over 700 million daily facebook users; if bitcion went mainstream as the currency of the internet there's only enough for each daily facebook user to have 0.03 BTC and it's actually a lot less than that when you figure in lost coins and people hoarding coins.

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August 09, 2015, 05:57:32 PM
 #54

I want to make 1 btc every month.Now,I work hard to  able to achieve this target.
Now I make 0.01 btc per day.
I wait for bitcoin price going up.

LFC_Bitcoin
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August 09, 2015, 08:48:54 PM
 #55

What's the amount that every Bitcoiner should own ?

Every person is going to tell you a different amount. It all depends on a number of mitigating factors -

1. How much money do you earn
2. What are you looking/hoping for from your involvement in bitcoin
3. How much of a risk taker are you?

(There are many other reasons but I've listed 3 above that will determine each persons answer to the question in the OP).

I mean some people say you should have 1 bitcoin. 1 bitcoin is nothing, I mean if we go to 10,000 USD per bitcoin that 1 bitcoin will give you a great return on your initial investment but it's not going to change your life is it?

I personally recommend everybody who is here that believes in bitcoin (and obviously can afford to) to buy & HODL 10 bitcoin's in cold storage. Hopefully if we reach an achievable/realistic target of 10,000 USD per bitcoin then 100,000 USD is going to do a lot for you. Maybe pay off a large % of your mortgage, allow you to put down deposits on multiple real estate properties to rent out etc which will make you a shit load of money eventually.

But to come back to my initial reservations on answering the OP's question - Everybody has different circumstances. Some people can't afford 1 bitcoin & some people might want to buy 1000. It's a purely personal question for each individual.

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September 06, 2015, 03:40:55 AM
 #56

For me it was about 1 BTC.
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September 06, 2015, 03:48:30 AM
 #57

I think if we hold one Bitcoin in our cold storage then it is good(at least that's what I am aiming right now).
When we reach this target, we should aim for next Bitcoin.
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September 06, 2015, 04:18:56 AM
 #58

I don't think there's an amount that anyone should own. As long as you have something, and you're using it to buy things/services, you're helping the economy.
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September 06, 2015, 05:00:40 AM
 #59

I don't think there's an amount that anyone should own. As long as you have something, and you're using it to buy things/services, you're helping the economy.
Agree with you. I don't have so much bitcoin in my wallet ( only 0.05 until right now ), but as long as i have bitcoin and using bitcoin services it's good enough for me.
I predict legendary bitcoiners have minimal 1BTC in their wallets Grin
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September 06, 2015, 08:20:26 AM
 #60

This depends on financial condition and extra money (reserved) what someone can keep holding for long term.We can not fix some minimum amount for everyone but every Bitcoiner can own as much as can afford with the risk of profit/loss because of the changes in price.
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