How many bitcoin is enough?

[Shimmiry]

If you already know where the benefits of having Bitcoin, you will continue to try to get it every time. I also do not provide benchmarks or limits when I will feel enough to have Bitcoin. But If you are a businessman then have enough Bitcoin for your business capital then that is a reasonable limit.

Today it was too hard to mine bitcoin in different country with a low electricity they are really not affected too much, but unlike to the other country it is, also the price of the bitcoin goes down and not profitable than the previous months, many traders today are holding their coins and hoping the price of the currency goes up again, there is a lot of prediction that the bitcoin will go up back after the end of January and this is the bulls runs out.

[Aikidoka]

I've heard about that before, like if people are able to own 21 bitcoins it's gonna be so good because they'll be on 1 of that million bitcoin. I didn't hear about the amount were increased to 6.25 bitcoin, but that's probably due to the halving that will be in the half of the next year 2020.

[sapnu]

I'll give you a good advice: get as much as you can. For every person enough will be a different number. Calculate it like this:

Let's say Bitcoin goes to 100k USD which is a great price. Not something crazy high like 1 million and very much achievable in the next 5 years.
Is 1 Bitcoin going to be a lot to you? If you were to get 100k now would it change your life?

For someone in the US it's going to be a nice gift. Enough to pay all debts, send a child to college, buy a car but it's not going to make them rich. For average people 5 bitcoins should be enough to change their lives. Start a business, buy a house anywhere they want, move to another country and start a life there, travel around the world.

Even if you are holding the biggest amount of bitcoin, you should not have to quit earning because stopping makes you poor even if you have a lot of bitcoin because we cannot know when does it goes down when you are spending it. I recommend to continue your journey here on forum and create more money even if you are the richest man holding bitcoin or any other cryptocurrency. I can say that we should not stop in our journey and continue what we have started here. long term or short term trading it must be effective.

[wxa7115]

I'll give you a good advice: get as much as you can. For every person enough will be a different number. Calculate it like this:

Let's say Bitcoin goes to 100k USD which is a great price. Not something crazy high like 1 million and very much achievable in the next 5 years.
Is 1 Bitcoin going to be a lot to you? If you were to get 100k now would it change your life?

For someone in the US it's going to be a nice gift. Enough to pay all debts, send a child to college, buy a car but it's not going to make them rich. For average people 5 bitcoins should be enough to change their lives. Start a business, buy a house anywhere they want, move to another country and start a life there, travel around the world.

That's the thing, when it comes to your wealth you should always look for ways to increase it, there has never been such a thing as too much money, the most important thing is to find the minimum amount of bitcoin that you think you're going to need in the future and then do everything that you can in order to get to that goal.

Once you achieve that number there is nothing wrong with accumulating even more of it because that means that the price that you will need for each bitcoin to have to change your life will become even lower and you will get whatever you want even sooner.

[metalglowd]

Of course things like this are actually very dynamic, given that everyone's perceptions differ on their needs and views on the price of bitcoin later.
Referring to the current prices, I think it can be said that for me 15 BTC is enough. It is enough to make a backup if at any time something unexpected happens to cryptocurrency

[samcrypto]

I’m a small guy here and I can’t even afford to have my 1 bitcoin so technically this is my dream and I’m working for this one despite of so many challenges. Some people was able to own a lot of bitcoin because it was cheap that time and right now its quiet expensive but I got more inspired every time i heard about the success stories here, hoping to happen that to me someday.

[cutesgirl]

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.

At the moment, I have the same plan as you. Just accumulating as much as I could because I think Bitcoin is still heavily undervalued and while I still could spend a big portion of my money to buy Bitcoin. The thing is, I don't have any final goal with this Bitcoin. I'm not hodling it hoping the price would skyrocket so I can buy a house, for example. I don't know what to do with it later, I just think that accumulating now is the right thing to do financially.

How many bitcoin do you have with price still lower not worth for investing maybe, we found almost on December bitcoin keep down and never get raise with higher price, will continue at the new year bitcoin with lower price or not wait and see. I think stop awhile with investing in bitcoin or altcoin and take our business for get much profit like gold investment and try for investing with property.

[yulionoo]

of course I will continue to try to be able to increase the amount of my bitcoin. by continuing to participate in prize projects where payments are using bitcoin. and I think there's really no limit to how much bitcoin we should have. because everyone has different finances and abilities to collect bitcoin. I myself am targeting this year to add as much as 0.3 btc bitcoin
others think 0.3 btc is probably a small value but in my opinion it is quite large and I am collecting bitcoin by joining the bounty project.

[Sadlife]

Trying to obtain 0.1 is impossible for me, how much more 1 bitcoin i guess you can get that amount if you have a good paying job or just extremely rich, you can buy how much you like but for the poor like us it is just a fleeing dream. You are right all we can do is stack what we can and buy what we can through bounties but if you use bitcoin as a source of income and financial needs it also gets hard to stack.

[~Money~]

well I have no target cuz I earn them through sells, deals, and trading and use them according to my needs, also I have saved some amount for a long run cuz, in the long run, any bitcoin amount can give nice decent amount of USD.

[barabarian1]

we know that human desire is unlimited when he already has 1 btc he will try to get bitcoin again. so in my opinion there is no limit on how much bitcoin we should have. everyone will always try to increase the amount of bitcoin. I am targeting myself to be able to increase the amount of bitcoin by 0.5 btc before bitcoin is reduced by half in 2020.

why only 0.5? I think we should aim to collect bitcoin as much as possible before the price of bitcoin will be very expensive. if you can't get it for free, maybe if you have money or savings it's better to buy it when the price is low. I also do that if it's true that the price of bitcoin drops lower.

I want to increase my bitcoin before bitcoin is reduced by half in May next year. and 0.5 btc is the target that I want to achieve. previously I also thought not to give the target I would always try to increase the amount of my bitcoin. but I changed my mind with the target I will be more eager to work on completing bounty project tasks and get more bitcoin. and for me 0.5 btc is a pretty big value. I don't have the money to add bitcoin. I only rely on the bounty project to get bitcoin.

[Karmakid]

we know that human desire is unlimited when he already has 1 btc he will try to get bitcoin again. so in my opinion there is no limit on how much bitcoin we should have. everyone will always try to increase the amount of bitcoin. I am targeting myself to be able to increase the amount of bitcoin by 0.5 btc before bitcoin is reduced by half in 2020.

why only 0.5? I think we should aim to collect bitcoin as much as possible before the price of bitcoin will be very expensive. if you can't get it for free, maybe if you have money or savings it's better to buy it when the price is low. I also do that if it's true that the price of bitcoin drops lower.

I want to increase my bitcoin before bitcoin is reduced by half in May next year. and 0.5 btc is the target that I want to achieve. previously I also thought not to give the target I would always try to increase the amount of my bitcoin. but I changed my mind with the target I will be more eager to work on completing bounty project tasks and get more bitcoin. and for me 0.5 btc is a pretty big value. I don't have the money to add bitcoin. I only rely on the bounty project to get bitcoin.

That is a misconception. Bitcoin will not be reduced by half next year because only the mining reward will be in half. Setting goals should be realistic, achievable and can be measured by time so you can easily calculate if you are making progress towards your goal and if you are earning enough to reach your goal in a specific period of time.

[ashmodeus]

i've got a dozens of bitcoin throughout my life , sadly i've sell it every time i need extra money for daily life.
its since a long time ago.
and about your question, of course there is no limit for enough.
even for nowdays, when got 0.1 is totally hard, I still don't have a target of how much I should get for 1 year.

[SummerBliss]

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.

I don't think there is any absolute amount on this. Everyone has their own metric of being rich. For a person who has never seen $1000 together will feel too rich after having $10000 in his bank account but a person who is born in a family whose annual income is $100,000 might feel that achieving $1M is being rich. This is a very relative question. For me personally I think 20-25 BTC are enough for anyone. But I am pretty much sure that once I achieve this target I would be hungry for earning more and more BTC so there is nothing like Enough Bitcoins.

[Tramirostronix]

What is the point of setting an amount ? If you think btc will go to 1 million, than 0.5 or 1btc is enough ? After if you want to have one billion ... You will need more.
Money is not the final goal for me so I will say 3 btc because I like the number 3 

[CodyAlfaridzi]

How many bitcoin do you have with price still lower not worth for investing maybe, we found almost on December bitcoin keep down and never get raise with higher price, will continue at the new year bitcoin with lower price or not wait and see. I think stop awhile with investing in bitcoin or altcoin and take our business for get much profit like gold investment and try for investing with property.

Opposing your view, I think this low price is a great opportunity for investing even more. You should buy when the price is "cheap", buy regularly during a bear trend, you'll get a nice dollar-averaged cost. Then enjoy the profit when the price is going up. That's what I would do right now.

[Meowth05]

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.

[el kaka22]

I doubt the new generation feels the same about the "unlimited money". Definitely, there are still people who would like to have 100 billion dollars if possible however I feel like the new generation is growing up watching the world and watching everything happening around them and they are more aware of the things going around so they do not feel the need to have a luxurious life while there are so much suffering going around.

There are still that type of people even in the new generation but I am saying the % of people in the new generation that is fine with having a decent life (a steady job, a decent house, one car, slight savings) instead of having the life of the billionaires (a company worth billions, a villa so big it is almost a town, 100's of cars, billions in bank) because they do see what that type of living causes and how it means if one guy is so rich then many needs to be poor.

[BChydro]

I've heard about that before, like if people are able to own 21 bitcoins it's gonna be so good because they'll be on 1 of that million bitcoin. I didn't hear about the amount were increased to 6.25 bitcoin, but that's probably due to the halving that will be in the half of the next year 2020.

These calculation you were talking about were from well before the second rally in bitcoin most probably during 2015 and it all depends upon how much the value of bitcoin will rise, people still think that the price of bitcoin will cross a million dollars and hence the valuation of 21 bitcoin to settle your life was predicted and if you think that 6.25 bitcoin is required then you must consider that the expected valuation will be much much higher which is a joke at this point of time  .

[aardvark15]

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.