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Author Topic: How many bitcoin is enough?  (Read 4098 times)
Lordshiva
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August 19, 2021, 02:11:40 AM
 #341

It will never be enough to have bitcoin because everyone is racing to collect bitcoin in any way, because they know that in the future bitcoin will be far more profitable.
and I personally always try to buy bitoin in small amounts incrementally from the rest of my salary that I have budgeted after meeting my needs, and I will continue to do so as long as I can afford unlimited bitcoin and for the future of my family later

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August 19, 2021, 03:04:34 AM
 #342

It will never be enough to have bitcoin because everyone is racing to collect bitcoin in any way, because they know that in the future bitcoin will be far more profitable.
and I personally always try to buy bitoin in small amounts incrementally from the rest of my salary that I have budgeted after meeting my needs, and I will continue to do so as long as I can afford unlimited bitcoin and for the future of my family later

Well, this is what we call being dissatisfied. We all know that when it comes to money, we need more. At first, we thought one bitcoin was enough, but later on, we realized that we needed hundreds more. As for myself, I could say that I am content with a single bitcoin for the time being because its price could make me a millionaire in my country, but I know that I will need more in the future, so the hunger persists.
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August 19, 2021, 03:27:39 AM
 #343

No matter how much bitcoin is enough it is profitable no matter how long it lasts. The price of Bitcoin is rising at the moment and it is expected to rise further in the future everyone invests less because of the high value of bitcoin the more capital you have, the more capital you have the more bitcoin you hold the more profitable it is bitcoin will never be lost as its investment demand grows. Therefore it is better to keep bitcoin even if it is a small number.
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August 19, 2021, 05:57:37 AM
 #344

I didn't set a target for bitcoin that I should accumulate every year. Because it just gives me pressure, right now what I earn I am saving the half and the rest I will convert to fiat currency to spend on my daily needs.


When I know about bitcoin this time price was 4000$ one bitcoin but I haven't give any importance after when I understand about the market price is too high but I was reserve .25 BTC but I sold it when the market was good. Now if I calculation with the price I will tell 1 BTC is enough for me.
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August 19, 2021, 06:50:22 AM
 #345

Quote
Thanks I
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.
I was targeted two bitcoin some years ago, not knowing that it's not easy to earn two bitcoin within two years. Since I came to understand the market very well, my main aiming is just one bitcoin because it will enough for me to keep my business growing as it is right now.

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August 19, 2021, 10:00:51 AM
 #346

There is no minimum amount of Bitcoin you need to buy to get started. The only minimum is the one set by the platform on which you'll invest in your first pieces of Bitcoin. For example, Coinbase allows the minimum Bitcoin investment from $2.
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August 19, 2021, 07:01:30 PM
 #347



The human mind is never satisfied with what they have also they don't know how much they want. They just want as much as they can. As a human being, I also think that way. I do not have an exact number I want to have, I just want to put every single bitcoin as long as I see profits in them. There's no way I can get them all so my hard work will be forever to get as much as I could.
believe it or not it is a natural human nature, whether you admit it or not but it is real and indeed everyone will never be satisfied.
without exception here and that for some people is very greedy but not for me, I really don't determine how much btc should be collected but as long as I can buy more why not? I don't consider this as greed but take advantage of the momentum, as long as the price is still below, as long as I can buy then I will continue to do it
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August 20, 2021, 10:31:08 PM
 #348

There is no minimum amount of Bitcoin you need to buy to get started. The only minimum is the one set by the platform on which you'll invest in your first pieces of Bitcoin. For example, Coinbase allows the minimum Bitcoin investment from $2.

But looking at how strong this market has becomes, one really need a rethink before going in full on bitcoin. My reason is that, bitcoin price at the time of writing this is around $49k and if any decide to buy at this price, whatsoever they invest will only double when btc price get to $98k. That's a lot of ups and down the person is going to face because first we need to break the all time high before seeing new price discoveries. Who knows the price might even crash before $98k
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August 20, 2021, 10:51:35 PM
 #349

Very good advice OP. I also walk with the same vision in accumulating bitcoin as much as I can. I have several reasons such as witnessing when bitcoin reaches more people around the world, that it is as popular as social networks as an example. As well as seeing the higher price I do not know if I will be sure because it will be a bit difficult for me to buy more.
I also want to contribute with my hold so that bitcoin is the active crypto with the greatest dominance in the market. The truth is that I wish bitcoin to be with us forever, particularly bitcoin has empowered me.

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August 20, 2021, 11:23:06 PM
 #350

First you need to ask yourself how much income is enough for you, then you can calculate how many bitcoins you need to generate that income for you. It will highly depend on the country or region you live and the lifestyle you are looking for.

I guess a minimum of 1000$ monthly would be needed to live confortably even in poor places in order to have autonomy and freedom. To earn that amount someone would need at least 5 bitcoins invested. In some countries a $1000 budget is nothing, being necessary to hold even bigger amounts of btcs to run a sustainable daily life. Some people think 1 bitcoin is too much, but it's not, at least for now.

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August 21, 2021, 08:19:59 AM
 #351

I did not set how much to buy each year because the price is different every year. I will not specify how much I want to buy. The main reason is that my deposit is not enough to support me to buy a lot of bitcoins. Of course I like to get more.
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August 21, 2021, 09:13:44 AM
 #352

According to my wealth and ability, if I simply ask me, I will definitely choose to have as many as possible. This is related to my ability. Bitcoin fluctuations are difficult to accurately predict. Find the right time to buy according to the price trend. Gradually accumulate and you will know what you want. People are always greedy. Why not make yourself better if you have the ability?
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August 21, 2021, 12:38:33 PM
 #353

i go to work and save some money to invest in BTC, some i save for personal and family expenses, most of my salary to invest in BTC, because my wife is very supportive and she He agreed to contribute capital with me. buy to save for the long-term hoping to retire when you will be profitable from long-term BTC hoarding.

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August 21, 2021, 01:48:45 PM
 #354

Human nature is greedy and full of positive expectations in the future, so that there are no numbers that make it enough, including myself, I will always collect as much BTC as I can and as much as I can, because I believe and believe in BTC in the future.

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August 21, 2021, 06:46:17 PM
 #355

if I have more qualified financial capabilities then I will not set a number limit in making investment targets.

I prefer to analyze in advance, develop plans and goals to be achieved.

In doing business I have an opportunistic spirit but still within the management framework that I have arranged well.
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August 21, 2021, 07:23:05 PM
 #356

There is no end to human needs. When one deficiency is filled, another deficiency occurs.  Someone who has 1 bitcoin expects 10 bitcoins. And someone who has no bitcoin expects at least 1 bitcoin. So the word "enough" is different for each person. But it is not right for us to be too greedy.

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March 31, 2022, 09:53:45 PM
 #357

As for me, this is a rhetorical question which has no answer. Just like asking someone. How much do you need in your life?  As far as I know this dispensation or generation with the entraupreneure mindset, no amount of money is enough.

And also human wants are unlimited, so, there is always opportunity cost and alternative for gone. Therefore, if someone has 40 Bitcoin at a time, the wants or needs of the person will also increase, with this, no amount of money is enough for human beings to spend. Just that, excess of everything is bad. When one has enough money, he or she might misconduct him/herself.  According to a saying, " Money is the root of all evil".

There is different between wealth and rich. Wealth is when someone has enough money and he is not going to work for months or years, yet he has enough to spend. But rich person can't stay at home for about months or a year without going to work. Therefore, any number or amount of Bitcoin one needs to have, he should try his possible best to acquire them.

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March 31, 2022, 11:47:48 PM
 #358

As for me, this is a rhetorical question which has no answer. Just like asking someone. How much do you need in your life?  As far as I know this dispensation or generation with the entraupreneure mindset, no amount of money is enough.

And also human wants are unlimited, so, there is always opportunity cost and alternative for gone. Therefore, if someone has 40 Bitcoin at a time, the wants or needs of the person will also increase, with this, no amount of money is enough for human beings to spend. Just that, excess of everything is bad. When one has enough money, he or she might misconduct him/herself.  According to a saying, " Money is the root of all evil".

There is different between wealth and rich. Wealth is when someone has enough money and he is not going to work for months or years, yet he has enough to spend. But rich person can't stay at home for about months or a year without going to work. Therefore, any number or amount of Bitcoin one needs to have, he should try his possible best to acquire them.
First, you should avoid on bumping old or inactive threads because this is necrobumping which is totally a violation on forum rules which you must avoid it on next time.

On topic reply about how many bitcoin is enough? Sky is the limit because people or human being is naturally greedy which means that people doesnt really get contented
on what they do earn or possess.As long they could able to get more then this is their primary motive or goal in mind as always.

R


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April 01, 2022, 12:47:40 AM
 #359

As for me, this is a rhetorical question which has no answer. Just like asking someone. How much do you need in your life?  As far as I know this dispensation or generation with the entraupreneure mindset, no amount of money is enough.

And also human wants are unlimited, so, there is always opportunity cost and alternative for gone. Therefore, if someone has 40 Bitcoin at a time, the wants or needs of the person will also increase, with this, no amount of money is enough for human beings to spend. Just that, excess of everything is bad. When one has enough money, he or she might misconduct him/herself.  According to a saying, " Money is the root of all evil".

There is different between wealth and rich. Wealth is when someone has enough money and he is not going to work for months or years, yet he has enough to spend. But rich person can't stay at home for about months or a year without going to work. Therefore, any number or amount of Bitcoin one needs to have, he should try his possible best to acquire them.
First, you should avoid on bumping old or inactive threads because this is necrobumping which is totally a violation on forum rules which you must avoid it on next time.

On topic reply about how many bitcoin is enough? Sky is the limit because people or human being is naturally greedy which means that people doesnt really get contented
on what they do earn or possess.As long they could able to get more then this is their primary motive or goal in mind as always.

I agree but we all know money is not the answer. It is the satisfaction of having a balance life and if you're mindset is always inside the box, you will only think about your financial status and settle for it. It is a very shallow thing to only think about getting more than one bitcoin. Even a one bitcoin can sustain your needs for the whole 3 months to 6months it is always enough if you know how to appreciate.
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April 01, 2022, 03:11:09 AM
 #360

No matter how much bitcoin is enough it is profitable no matter how long it lasts. The price of Bitcoin is rising at the moment and it is expected to rise further in the future everyone invests less because of the high value of bitcoin the more capital you have, the more capital you have the more bitcoin you hold the more profitable it is bitcoin will never be lost as its investment demand grows. Therefore it is better to keep bitcoin even if it is a small number.

The most important thing about bitcoin is that it can give us benefits, I have known bitcoin for almost 10 years, unfortunately it is always too late to invest, and when the price is high as it is now then I try not to repeat the mistake again, I will focus on buying and holding for the long term.
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