Lanatsa
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December 15, 2019, 04:28:42 PM |
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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 Nothing is perfect yet if we do talk about perfect then its 100% safe and we know that it isnt possible when we do talk about shelling out some money on a particular investment including crypto no matter how we do see its good potential for long term but we can already presume that this one can give out that potential profits if we do decide to store it up but be sure that those money being spent are those amounts that you can afford to lose.Dont go all in or goes to the point that you are risking everything because anything can turn upside down.
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wxa7115
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December 15, 2019, 07:49:39 PM |
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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.
Keep working towards that goal, it is hard and it is going to take a lot of time to get the bitcoin that you're looking for because as you say the price is very high right now but if you keep doing it then I can assure you that you will eventually get your goal, besides it is very easy to give up and think that it is impossible but you should not forget that in the future bitcoin is going to become even more expensive so there is no better moment to try to get bitcoin than now. If you give up now you could be wasting one of the greatest opportunities in your life because bitcoin could easily be worth 10 times its current value in the next decade.
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slashz9
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December 15, 2019, 11:56:52 PM |
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yes, while you can search as much as possible there is no need to limit what I mean in this case when the price is still cheap, because you will never know what happens next in any time. especially if you have more than 1 income, it will be easier to do it.
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Assface16678
Full Member
Offline
Activity: 1484
Merit: 135
★Bitvest.io★ Play Plinko or Invest!
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December 16, 2019, 03:15:40 AM |
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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.
Keep working towards that goal, it is hard and it is going to take a lot of time to get the bitcoin that you're looking for because as you say the price is very high right now but if you keep doing it then I can assure you that you will eventually get your goal, besides it is very easy to give up and think that it is impossible but you should not forget that in the future bitcoin is going to become even more expensive so there is no better moment to try to get bitcoin than now. If you give up now you could be wasting one of the greatest opportunities in your life because bitcoin could easily be worth 10 times its current value in the next decade. Many people today want to earn bitcoin but how many bitcoin today you needed to make a lot of money. If you are trying to look at the graph of the cryptocurrency especially the bitcoin the value is low, it is better to the people are still starting from bitcoin because if the price is low, soon it will go up same with your money. But if you are earning it today and If you can earn up to one bitcoin today, it is good because the price of the coin is volatile every time it changes depends on the market, if you trust your hold and the market it will become profitable soon it is a long term trading. Still, if you don't want this kind of transaction better to try to use the altcoins as your primary income today, the price of it is profitable too. However, unlike the bitcoin still, we are focusing on the earnings, try to earn on altcoin and convert to the bitcoin if the price is pumping again.
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Tramirostronix
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December 16, 2019, 09:05:02 AM |
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yes, while you can search as much as possible there is no need to limit what I mean in this case when the price is still cheap, because you will never know what happens next in any time. especially if you have more than 1 income, it will be easier to do it.
Ok, but is 7k$ cheap ? Around the world it is pretty expensive unless you have a very good salary. And if you think it is cheap because it will go higher, what will be the highest price ? If you think 8k is the maximum, 7k is not cheap anymore. So accumulating Bitcoin is a thing, but without a final goal, it's kinda stupid.
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I love XRP. XRP>BTC + DEDICACE A JULIEN le CROISE
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Lanatsa
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December 16, 2019, 05:44:50 PM |
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yes, while you can search as much as possible there is no need to limit what I mean in this case when the price is still cheap, because you will never know what happens next in any time. especially if you have more than 1 income, it will be easier to do it.
Ok, but is 7k$ cheap ? Around the world it is pretty expensive unless you have a very good salary. And if you think it is cheap because it will go higher, what will be the highest price ? If you think 8k is the maximum, 7k is not cheap anymore. So accumulating Bitcoin is a thing, but without a final goal, it's kinda stupid. Its not necessary for you to accumulate a whole coin yet majority is been doing on accumulating in small parts rather than stressing yourself on getting a whole. At least we do know the potential profitability if we do try to accumulate a coin which do have a high chance that can last up into the future. Talking about enough? theres no limit because it all vary on our financial capacity or aspect so each person would really have those different targets depending on their capacity.
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aamirsuh
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December 16, 2019, 07:28:11 PM |
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Now let me make an account for myself. I think 100 bitcoins are enough for me in the next 50 years. If I have to think of my family, we can handle 150 bitcoins for 100 years. Because I think the bitcoin price will increase. How much bitcoin do I have today? : d 0.04!
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Tramirostronix
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December 16, 2019, 09:19:03 PM |
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yes, while you can search as much as possible there is no need to limit what I mean in this case when the price is still cheap, because you will never know what happens next in any time. especially if you have more than 1 income, it will be easier to do it.
Ok, but is 7k$ cheap ? Around the world it is pretty expensive unless you have a very good salary. And if you think it is cheap because it will go higher, what will be the highest price ? If you think 8k is the maximum, 7k is not cheap anymore. So accumulating Bitcoin is a thing, but without a final goal, it's kinda stupid. Its not necessary for you to accumulate a whole coin yet majority is been doing on accumulating in small parts rather than stressing yourself on getting a whole. At least we do know the potential profitability if we do try to accumulate a coin which do have a high chance that can last up into the future. Talking about enough? theres no limit because it all vary on our financial capacity or aspect so each person would really have those different targets depending on their capacity. I mean the point of the topic is to find THE number, but on which base ? if you just plan to sell them later you need to have a fiat goal to know how much you need at current price. OR you need to have a bitcoin price goal in mind. If you think bitcoin will be a new fiat for the world, even if you have like 0.1 btc, it will be enough. So your actual capacity and incapacity depend on your vision and why you are accumulating.
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I love XRP. XRP>BTC + DEDICACE A JULIEN le CROISE
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henrybek3
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December 16, 2019, 10:50:15 PM |
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Our economic situation affects our lives. I have 10 BTCs in the next 20 years. But there is a condition. Spend bitcoin after 20 years. You shouldn't be turning Bitcoins into dollars today. This way an investment can give reasonable results.
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Tramirostronix
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December 17, 2019, 08:10:03 AM |
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Our economic situation affects our lives. I have 10 BTCs in the next 20 years. But there is a condition. Spend bitcoin after 20 years. You shouldn't be turning Bitcoins into dollars today. This way an investment can give reasonable results.
I don't get, you have 10 btc now and you will spend them in 20 years ? or you have a 10 BTCs goal and you give you 20 years to achieve it ? At least you have your own goal so you will have (I hope) no regrets
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I love XRP. XRP>BTC + DEDICACE A JULIEN le CROISE
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BuNga_cute
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December 17, 2019, 09:01:49 AM |
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Every person has a different greed, and therefore everyone must have a different ambition. And that's certain everyone will never feel enough with what he already has. Seeing from the fact that I personally have a desire which is very large. That is, I have a target every year to get a profit of 2 BTC. If converted to fiat it is indeed 2 BTC very big, but if we focus and work hard to collect 2 BTC in a year it's easy to achieve. Do the activities indeed can generate profits, such as trading, mining, bounties, airdrops, signature campaigns, etc. Take all that seriously and focus, on your target we will become reality. I have already proven that my target was reached in 2018.
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meliodas
Sr. Member
Offline
Activity: 742
Merit: 329
CryptoTalk.Org - Get Paid for every Post!
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December 17, 2019, 10:35:34 AM |
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Our economic situation affects our lives. I have 10 BTCs in the next 20 years. But there is a condition. Spend bitcoin after 20 years. You shouldn't be turning Bitcoins into dollars today. This way an investment can give reasonable results.
You should depend that decision base on the price movement of bitcoin in the market. If the price of bitcoin is continuously dumping then you should convert it into dollars so you will save yourself from losing money and just observe the market for the possible entry so you will have more bitcoins because you will be buying at a cheaper price.
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Clement Kaliyar
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December 17, 2019, 01:05:35 PM |
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Now let me make an account for myself. I think 100 bitcoins are enough for me in the next 50 years. If I have to think of my family, we can handle 150 bitcoins for 100 years. Because I think the bitcoin price will increase. How much bitcoin do I have today? : d 0.04!
Even with your calculation you need to invest money and this is the best opportunity to invest money considering that the price of bitcoin will increase after the halving and you might not even see the current valuation in the future and what are you waiting for, considering my budget i will get the coins i can and i have invested when i had the money and now the budget is exhausted to invest further but i am happy with it as i am not greedy .
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breathlessz
Member
Offline
Activity: 770
Merit: 12
Trphy.io
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December 17, 2019, 02:33:48 PM |
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Our economic situation affects our lives. I have 10 BTCs in the next 20 years. But there is a condition. Spend bitcoin after 20 years. You shouldn't be turning Bitcoins into dollars today. This way an investment can give reasonable results.
You should depend that decision base on the price movement of bitcoin in the market. If the price of bitcoin is continuously dumping then you should convert it into dollars so you will save yourself from losing money and just observe the market for the possible entry so you will have more bitcoins because you will be buying at a cheaper price. but we must have the right analysis when to sell or the right time to buy. if we are wrong in analyzing it means we miss an opportunity and we are increasingly losing. Our intention to trade so that it generates a lot of bitcoin, and I think we should sort assets for the short term, medium term and long term, so that our financials are not chaotic
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johnwest
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December 17, 2019, 04:59:56 PM |
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In my early days, I used to think that Bitcoin will reach more than 50k$ and I was sure that it will reach there soon so 1 Bitcoin was enough to have. I worked and got my payments in Bitcoin and started accumulating but over the time I had to sell my BTC for my spending. Still I feel 1 Bitcoin should be held and rest can be used for spending.
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Tramirostronix
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December 17, 2019, 05:58:04 PM |
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In my early days, I used to think that Bitcoin will reach more than 50k$ and I was sure that it will reach there soon so 1 Bitcoin was enough to have. I worked and got my payments in Bitcoin and started accumulating but over the time I had to sell my BTC for my spending. Still I feel 1 Bitcoin should be held and rest can be used for spending.
Ans you still think it will it 50k$ or you are more/less confident now ? I think 50k is a good number if everything goes well and I agree 1 Bitcoin to hold is a good amount
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I love XRP. XRP>BTC + DEDICACE A JULIEN le CROISE
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Karmakid
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December 17, 2019, 11:30:02 PM |
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In my early days, I used to think that Bitcoin will reach more than 50k$ and I was sure that it will reach there soon so 1 Bitcoin was enough to have. I worked and got my payments in Bitcoin and started accumulating but over the time I had to sell my BTC for my spending. Still I feel 1 Bitcoin should be held and rest can be used for spending.
Even if bitcoin reached $50,000, 1 bitcoin is still not enough even though you are living in a third world country because you should consider your monthly spending and the type of lifestyle that you want. Increase that goal of 1 bitcoin and try to do trading so you can have a faster progress to reach more bitcoins.
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Maslate
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December 17, 2019, 11:45:12 PM |
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In my early days, I used to think that Bitcoin will reach more than 50k$ and I was sure that it will reach there soon so 1 Bitcoin was enough to have. I worked and got my payments in Bitcoin and started accumulating but over the time I had to sell my BTC for my spending. Still I feel 1 Bitcoin should be held and rest can be used for spending.
Even if bitcoin reached $50,000, 1 bitcoin is still not enough even though you are living in a third world country because you should consider your monthly spending and the type of lifestyle that you want. Increase that goal of 1 bitcoin and try to do trading so you can have a faster progress to reach more bitcoins. 1 bitcoin will never be enough. I am not setting an amount because as much as i can, i want to earn bitcoins for my own retirement in the future. I know it would make my future bright and eventually would cater to all i need knowing my body cannot respond already to all heavy works. Having a lot of bitcoin would really paid off all of my hardworks.
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Tramirostronix
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December 18, 2019, 10:10:53 AM |
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In my early days, I used to think that Bitcoin will reach more than 50k$ and I was sure that it will reach there soon so 1 Bitcoin was enough to have. I worked and got my payments in Bitcoin and started accumulating but over the time I had to sell my BTC for my spending. Still I feel 1 Bitcoin should be held and rest can be used for spending.
Even if bitcoin reached $50,000, 1 bitcoin is still not enough even though you are living in a third world country because you should consider your monthly spending and the type of lifestyle that you want. Increase that goal of 1 bitcoin and try to do trading so you can have a faster progress to reach more bitcoins. If you have a good salary and go to a poor country when you are old, 50k will be enough + In some countries 50k is enough to invest in many houses so you can try to earn more
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I love XRP. XRP>BTC + DEDICACE A JULIEN le CROISE
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coinfinger
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December 18, 2019, 02:51:31 PM |
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If you're buying Bitcoin just take it that it is a money you're not going to get back and if you're lucky and the price should increase, then that's dope. It all depends on your goal, but the problem is that goals changes; you achieve your first goal and then another goal comes up.
So, you should just be buying and putting in an amount that you wouldn't worry about if the price should crash. You're no longer a newbie, so maybe you should start with 1 BTC (0.01 for a newbie) and you can Hodl it till the price increases. Next year, after the halving we can't really tell where the price will be heading to, but I believe there is a higher chance for the price to go up next year.
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