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Author Topic: How many bitcoin is enough?  (Read 4142 times)
Palider
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December 12, 2019, 03:44:20 PM
 #101

I don't have a target set on how much my accumulated bitcoin should be, And I think that just holding 1 bitcoin for a bit over the years will be enough to make a big profit in the future,
And this is what I am trying to accomplish now and after that I will use the rest of my income for my wants for myself and my family.
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December 12, 2019, 03:45:32 PM
 #102

Although 21 is a very good amount, I don't think that a lot many people can afford to invest that much, given the current exchange rates. 1 BTC is suggested by some people and I guess it is more like an achievable target. At current exchange rate, that amounts to around $7,200 and even those users from developing nations should be able to save that much in 2-3 years time.
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December 12, 2019, 03:53:22 PM
 #103

I don't set a limit, I always try to accumulate as much as possible because I believe in this market, I believe in BTC in the future it will change my life. I have a main job every day and use that savings to buy BTC, hopefully in the next 2 years I can accumulate at least 15 BTC

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December 12, 2019, 04:15:00 PM
 #104

Depending on the economy of each person, they will keep different Bitcoin for themselves. Whoever has more capital can store more Bitcoin to make a profit. I only need to hold about 5 Bitcoin in my hand. I will have money to cover my life!

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December 13, 2019, 05:08:29 AM
 #105

I have no limit because it depends on our ability access i think i buy bitcoin in the lower price and my profits target something when i got some profits then i sold all. Actually i also believe bitcoin good one profitable currency if you take long time investment then you can got more profits easyl.
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December 13, 2019, 11:15:52 AM
 #106

I remember when people used to say having 21 was good, because then you would have 1 millionth of the supply. Now I see people talking about some 6.15 number, which I have no idea why or how anyone came up with that number.
Other guys tell people having 1 bitcoin will be 'enough' in the future, and how long into the future, I do not know.
I recently saw people saying online that 1 bitcoin is not attainable for most people, and they should aim for 0.1 bitcoin, and that sounded crazy to me. Surely if something is so important, you can find a way of getting 1 bitcoin over a year or two?

Do you guys have a certain amount you are aiming for?
Personally I dont have a cap on the amount I want to get. I just keep getting as much bitcoin as I can, when I can. Stacking sats I think the cool kids call it.
I dont think I will ever stop doing this. If I need to liquidate some in order to live and buy things, i'll do that, but i'll always keep trying to replenish what I spend.
Actually, I don't have any goal how much Bitcoin I would like to acquire but for the sake of the question, I would like to attain worth of 1 Bitcoin. Ever since I started to enter this industry way back 2016 I guess, I never earned 1 Bitcoin, maybe I already have if Bitcoin's value is like way back it before however, it keeps rising and that is why I never had it. But I will never be contented to what I have now, I will keep earning and earning even if I accumulate more than 1 bitcoin because of as the time passing by all expenses are getting expensive.

One Bitcoin is a reasonable goal. Even that is very expensive right now but it’s probably worth it considering that we are still in the relatively early days of Bitcoin so there is still a lot of upside in price.

Yes I also think 1 btc is a good first goal and after you can think about more, or about buying some alts maybe ? (It depends of your vision of cryptocurrencies )

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December 13, 2019, 02:18:52 PM
 #107

Everyone of us lives in a different country and the amount I can afford to buy is not what you can afford to buy. You may be living in a country where they pay 10k of your currency which might worth around 100k where I live, whereas I'm being paid 10k. That means you're richer than me, so I cannot afford to buy the amount of bitcoins you can buy.

So, basically it's different for everyone, but the rule is always that you should always buy what you can afford to risk and not what others tells you to buy. The person telling you to buy 100 BTC might be someone that is very rich and can afford to risk that amount, but you might be someone that doesn't even have money that is up to that, your savings when converted to BTC might just be 2 BTC, so how you do you plan on buying 100 BTC when you don't even have that much? So you should cut your coat according to our size.
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December 13, 2019, 03:32:53 PM
 #108

Depending on the standard of living of each person. Different countries have different living standards, so I think everyone will set a different goal. I set a goal for myself to try to get 30 BTC before age 30, and my economic condition is not so good to implement it so smoothly so I'm still working hard to get it.

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December 14, 2019, 03:22:08 PM
 #109

Depending on the standard of living of each person. Different countries have different living standards, so I think everyone will set a different goal. I set a goal for myself to try to get 30 BTC before age 30, and my economic condition is not so good to implement it so smoothly so I'm still working hard to get it.

There has no value that are enough for us, the important is we can buy food for our daily lives. The value of bitcoin was volatile so the number of bitcoin are we can't manage or cannot evaluate for us to live. So the most important for all was the passive income that we can brought using our bitcoin.
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December 14, 2019, 04:20:57 PM
 #110

Depending on the standard of living of each person. Different countries have different living standards, so I think everyone will set a different goal. I set a goal for myself to try to get 30 BTC before age 30, and my economic condition is not so good to implement it so smoothly so I'm still working hard to get it.

People as per expectation may want to have as many as possible and with current rate at 7.3k if it rises to 20k + it will be more helpful for people as their value will rise automatically of whatever the no of btc they may have it .

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December 15, 2019, 05:35:36 AM
 #111

Depending on the standard of living of each person. Different countries have different living standards, so I think everyone will set a different goal. I set a goal for myself to try to get 30 BTC before age 30, and my economic condition is not so good to implement it so smoothly so I'm still working hard to get it.

People as per expectation may want to have as many as possible and with current rate at 7.3k if it rises to 20k + it will be more helpful for people as their value will rise automatically of whatever the no of btc they may have it .
I believe it was so-called greediness. That is the reality in today's life', everyone needs money in order to survive and that is a reason why people asking more and more. Satisfaction is really hard to reach and I believe everyone is looking for a better life, not just to acquire a small amount but rather to have a lot more.
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December 15, 2019, 08:38:31 AM
 #112

i have no exact number as long as the amount of bitcoin i have can fulfill my interest and economy for the rest of life then i feel bitcoin i have is enough. maybe you will call me greedy but you need money to survive this life and most of us using bitcoin for that purpose, so why not.

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December 15, 2019, 10:37:50 AM
 #113

Depending on the standard of living of each person. Different countries have different living standards, so I think everyone will set a different goal. I set a goal for myself to try to get 30 BTC before age 30, and my economic condition is not so good to implement it so smoothly so I'm still working hard to get it.

People as per expectation may want to have as many as possible and with current rate at 7.3k if it rises to 20k + it will be more helpful for people as their value will rise automatically of whatever the no of btc they may have it .
Bitcoin is a virtual investment and we all know the real worth of it. It though takes time but ultimately you make gigantic amount of profits during pumps. The number of bitcoin that you have is never enough because there are only 21 million bitcoin in total and everyone in the world is competing for them. Moreover the more bitcoin you have the more chances you have of becoming rich during pumps.
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December 15, 2019, 10:58:07 AM
 #114

Just like there is no limit of how many $ are enough, there is no limit for bitcoin also. You can accumulate as many as you can there is no limit for that. Right now bitcoin is 7000$, if you save few saotoshi's for future you will get huge return if bitcoin price speculation of 50k go right.

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dimox
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December 15, 2019, 11:14:45 AM
 #115

actually, experienced trader can make 1++ btc if they run about deadline, i ever read on facebook if someone can make ¼btc/month and its easy if you are trader.
i never limit my bitcoin, as long as i can get it, i will take it
hongchao123
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December 15, 2019, 11:54:57 AM
 #116

There are always will be not enough bitcoin for me before i dont see nice reson to sell everything
senne
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December 15, 2019, 01:44:11 PM
 #117

There shouldn't be any number to it. Whatever you can afford must be enough. Why there is a need of some universal number.
There can be at most 21 million bitcoin in the system. With the ever increasing population which is more than 7 billion at the moment, holding 1 btc might become a luxury in a coming time as only a few million can own one whole bitcoin. This can lead to bitcoin becoming a luxury or fashion which can also drive the price to some extent.
AliMan
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December 15, 2019, 02:28:51 PM
 #118

There shouldn't be any number to it. Whatever you can afford must be enough. Why there is a need of some universal number.
There can be at most 21 million bitcoin in the system. With the ever increasing population which is more than 7 billion at the moment, holding 1 btc might become a luxury in a coming time as only a few million can own one whole bitcoin. This can lead to bitcoin becoming a luxury or fashion which can also drive the price to some extent.

If a person is rich and wealthy, I think having 1btc worth for his money should be with cryptocurrency holdings and not for the bank. That's the very interesting thing if you're thinking for the welfare of your money as well as security and potential profitable returns. Btc is always infinite and has no precise value, with respect to investments and any other financial purposes.

FairUser
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December 15, 2019, 03:29:27 PM
 #119

Depending on your job and salary. So there is no limit to how much bitcoins you have. Try to have as much as possible for the future because after each year the number of bitcoins left will be less and its price will certainly go up in the future. There are many who own hundreds of thousands of BTC but there are also people who own only 0.1 BTC ... So you do not need to set goals, just have as much as you can and stay within your ability.

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mamahdedeh
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December 15, 2019, 03:58:15 PM
 #120

Depending on your job and salary. So there is no limit to how much bitcoins you have. Try to have as much as possible for the future because after each year the number of bitcoins left will be less and its price will certainly go up in the future. There are many who own hundreds of thousands of BTC but there are also people who own only 0.1 BTC ... So you do not need to set goals, just have as much as you can and stay within your ability.
right, by continuing to invest according to ability, we will prepare for the future later. do not invest using money that is not free, of course you will be a lot of psychological burden. keep saving and get the benefits later, with less bitcoin available and demand that continues to rise, I think this investment is perfect


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