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Author Topic: How many bitcoin is enough?  (Read 4098 times)
supercanada1
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December 25, 2019, 04:20:23 PM
 #181

I did not wonder how much I will have bitcoins. For me, there is a component that investing in bitcoin makes rewards, thereby increasing capital.

If you continue with the same logic, more bitcoins will bring more reward in the end. And with what reward would you be satisfied? Question is about that, how much bitcoin will be enough for you to stop working for them and just wait for the price rise.
Some say just couple will be enough due limited supply of bitcoins just 21 minus lost one. But probably the more you have, higher reward will be when price rise and for sure that will be enough to satisfy you.
I don’t think so people as such wonder about the number of bitcoin that they shall have in their wallets because one complete bitcoin is too hard to buy. Bitcoin is the most expensive of the ever crypto currencies launched in the world of crypto market. This is well great to make plans for the number of bitcoin one shall have for secure and financial life. I don’t think so any number of bitcoin is sufficient for a man. With increase in income, expenses increase too.
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December 25, 2019, 05:16:06 PM
 #182

I did not wonder how much I will have bitcoins. For me, there is a component that investing in bitcoin makes rewards, thereby increasing capital.

If you continue with the same logic, more bitcoins will bring more reward in the end. And with what reward would you be satisfied? Question is about that, how much bitcoin will be enough for you to stop working for them and just wait for the price rise.
Some say just couple will be enough due limited supply of bitcoins just 21 minus lost one. But probably the more you have, higher reward will be when price rise and for sure that will be enough to satisfy you.
I don’t think so people as such wonder about the number of bitcoin that they shall have in their wallets because one complete bitcoin is too hard to buy. Bitcoin is the most expensive of the ever crypto currencies launched in the world of crypto market. This is well great to make plans for the number of bitcoin one shall have for secure and financial life. I don’t think so any number of bitcoin is sufficient for a man. With increase in income, expenses increase too.
I agree into that line of having an increase of income same goes for expenses too.Talking about how much bitcoin is enough? Then nothing is enough yet the more is the better on most cases.

You are right where even purchasing or accumulating a whole coin is already hard for most people here except to those early adopters which do have lots of it wont really have the problem
since they are already on the positive side but for us who do struggle out? 1 btc would already be considered as an accomplishment. hehe.

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December 25, 2019, 05:23:16 PM
 #183

I did not wonder how much I will have bitcoins. For me, there is a component that investing in bitcoin makes rewards, thereby increasing capital.

If you continue with the same logic, more bitcoins will bring more reward in the end. And with what reward would you be satisfied? Question is about that, how much bitcoin will be enough for you to stop working for them and just wait for the price rise.
Some say just couple will be enough due limited supply of bitcoins just 21 minus lost one. But probably the more you have, higher reward will be when price rise and for sure that will be enough to satisfy you.
I don’t think so people as such wonder about the number of bitcoin that they shall have in their wallets because one complete bitcoin is too hard to buy. Bitcoin is the most expensive of the ever crypto currencies launched in the world of crypto market. This is well great to make plans for the number of bitcoin one shall have for secure and financial life. I don’t think so any number of bitcoin is sufficient for a man. With increase in income, expenses increase too.
One bitcoin nowadays is really hard to buy but we can start to earn that with our skills and other services and offers which can make a good amount for us and if this income is started then we do not have to think for a limited amount or a number but we have to continue our hard work and have to think for the unlimited amount of bitcoin. As if we work hard then we can make any amount of money we want.
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December 25, 2019, 06:58:14 PM
 #184

I think you don't need to set a limit, try to work and accumulate as much bitcoins as possible because it will help you try and get more money in the future. I entered this market for the purpose of making a profit and so I also try to make as much bitcoins as possible
I totally agree with you. I also entered this market to get as much Bitcoin as possible, We will always need Bitcoin because I believe Bitcoin is a currency that will be very useful in the future. So collect as much Bitcoin as possible from now.
It is very easy to understand why people like us are doing everything that they can to get all the bitcoin available to them, let's suppose for a moment that the number of people that are holding bitcoin around the world is five million and let's suppose that during the next decade that number grows to one hundred million, that means that we are going to have 20 times more people going after the same amount of bitcoin.

This is going to make the price of bitcoin to go up and to make it way more difficult to obtain, then we can come to a very obvious conclusion if you want to obtain bitcoin the moment to do it is now.
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December 25, 2019, 11:06:39 PM
 #185

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.
How many Bitcoin have you acquired now and how do you get you acquire them if you may wish to let me know please. My aim is to get a thousand Bitcoin in the next three to five years to come.
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December 26, 2019, 02:19:48 PM
 #186

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.
How many Bitcoin have you acquired now and how do you get you acquire them if you may wish to let me know please. My aim is to get a thousand Bitcoin in the next three to five years to come.
If you have a source of income then that would be a great start for you in acquiring bitcoins. Your next step probably is to develop skills in either investing or trading. Investing is safer because you don't need to deal with the volatility but you need to pay attention to the stage of doing research to just find a good investment for long term. From that, you should see growth in your portfolio and you will be on your way towards thousand bitcoins.
supercanada1
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December 28, 2019, 06:26:07 AM
 #187

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.
How many Bitcoin have you acquired now and how do you get you acquire them if you may wish to let me know please. My aim is to get a thousand Bitcoin in the next three to five years to come.
If you have a source of income then that would be a great start for you in acquiring bitcoins. Your next step probably is to develop skills in either investing or trading. Investing is safer because you don't need to deal with the volatility but you need to pay attention to the stage of doing research to just find a good investment for long term. From that, you should see growth in your portfolio and you will be on your way towards thousand bitcoins.
Investing into products that appear good for long term investment is a nice method of generating some decent revenue for purchasing bitcoin but that is a slow process. If you want to get hands on bitcoin faster, it would be great to learn trading and that too day trading in order to have continuous source of income. 1000 bitcoin is such an enormous number that could put you among millionaires of the world easily.
Karmakid
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December 28, 2019, 12:34:58 PM
 #188

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.
How many Bitcoin have you acquired now and how do you get you acquire them if you may wish to let me know please. My aim is to get a thousand Bitcoin in the next three to five years to come.
If you have a source of income then that would be a great start for you in acquiring bitcoins. Your next step probably is to develop skills in either investing or trading. Investing is safer because you don't need to deal with the volatility but you need to pay attention to the stage of doing research to just find a good investment for long term. From that, you should see growth in your portfolio and you will be on your way towards thousand bitcoins.
Investing into products that appear good for long term investment is a nice method of generating some decent revenue for purchasing bitcoin but that is a slow process. If you want to get hands on bitcoin faster, it would be great to learn trading and that too day trading in order to have continuous source of income. 1000 bitcoin is such an enormous number that could put you among millionaires of the world easily.
It is true that it is a slow process but it is safer than trading. If you know how to trade very well and if you can stay profitable in day trading for such a long time then I think that it would be a better option for you to stick with that. I am only suggesting a way of making bitcoins in a lot safer way.
Barbarian
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January 10, 2020, 04:41:05 AM
 #189

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.
How many Bitcoin have you acquired now and how do you get you acquire them if you may wish to let me know please. My aim is to get a thousand Bitcoin in the next three to five years to come.
Do you want to get 1000 BTC? Unless you already have hundreds of bitcoins that seems like a an impossible dream, how many bitcoins you will be able to get during the next 3 or 5 years will depend on whether or not you know how to trade or invest, if you know how then you could obtain anything between 3x to 10x the amount of bitcoin you are holding now, but for that we will need a bull market and that you sell at the top before the crash, but if cannot do that then you should be happy by just doubling your coins and that is if you are lucky.
andriarto
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January 10, 2020, 06:31:01 AM
 #190

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.
How many Bitcoin have you acquired now and how do you get you acquire them if you may wish to let me know please. My aim is to get a thousand Bitcoin in the next three to five years to come.
If you have a source of income then that would be a great start for you in acquiring bitcoins. Your next step probably is to develop skills in either investing or trading. Investing is safer because you don't need to deal with the volatility but you need to pay attention to the stage of doing research to just find a good investment for long term. From that, you should see growth in your portfolio and you will be on your way towards thousand bitcoins.
Investing into products that appear good for long term investment is a nice method of generating some decent revenue for purchasing bitcoin but that is a slow process. If you want to get hands on bitcoin faster, it would be great to learn trading and that too day trading in order to have continuous source of income. 1000 bitcoin is such an enormous number that could put you among millionaires of the world easily.
It is true that it is a slow process but it is safer than trading. If you know how to trade very well and if you can stay profitable in day trading for such a long time then I think that it would be a better option for you to stick with that. I am only suggesting a way of making bitcoins in a lot safer way.
I think we can do both investment and daily trading. in daily trading the greater the risk because it requires skill and strong psychological. different from investment, where we don't have to look at the market all the time. therefore learning daily trading can also be preceded by learning and of course with a smaller portion of capital than investment


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andycarrol
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January 10, 2020, 09:55:43 AM
 #191

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.
How many Bitcoin have you acquired now and how do you get you acquire them if you may wish to let me know please. My aim is to get a thousand Bitcoin in the next three to five years to come.
If you have a source of income then that would be a great start for you in acquiring bitcoins. Your next step probably is to develop skills in either investing or trading. Investing is safer because you don't need to deal with the volatility but you need to pay attention to the stage of doing research to just find a good investment for long term. From that, you should see growth in your portfolio and you will be on your way towards thousand bitcoins.
Investing into products that appear good for long term investment is a nice method of generating some decent revenue for purchasing bitcoin but that is a slow process. If you want to get hands on bitcoin faster, it would be great to learn trading and that too day trading in order to have continuous source of income. 1000 bitcoin is such an enormous number that could put you among millionaires of the world easily.
It is true that it is a slow process but it is safer than trading. If you know how to trade very well and if you can stay profitable in day trading for such a long time then I think that it would be a better option for you to stick with that. I am only suggesting a way of making bitcoins in a lot safer way.
I think we can do both investment and daily trading. in daily trading the greater the risk because it requires skill and strong psychological. different from investment, where we don't have to look at the market all the time. therefore learning daily trading can also be preceded by learning and of course with a smaller portion of capital than investment
the more ways that are done the better it is for our investment. because no one will never know which way will make a lot of money.
at the moment we are seeing increasingly difficult to get bitcoin. I used to believe in investing in the Altcoin project so that within 1-2 months I could produce at least 1 BTC. but for now you know, that there are so many projects that are hard to believe and end up scam. so the best way now is to trade, between short or long term. but of course, short-term trading really requires a good focus and knowledge.
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January 10, 2020, 02:45:01 PM
 #192

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.


Well that was a good thing to do.  I also do that because It doesnt make sense for me if I will set a target.  Actually Im very thankful to what ive earned here because I used it for my daily needs and when in times of emergency I have money to be use.

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January 10, 2020, 03:31:07 PM
 #193

I think everybody can't be contented from what the things that we they have today that even they have more than 10 or more bitcoins they still wanted more because everybody always wish to become rich and wealthy with their life, so they could do the things that they even wanted.



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January 10, 2020, 04:06:38 PM
 #194

If you can afford 1 bitcoin then I think it's enough for you to save them. There are only 21 Bitcoins in this world and 18,152,537 of them have been mined and in the circulation right now. Imagine if 18 Million of the population own one bitcoin each and you collected one of them. Bitcoin is a deflationary meaning that its value will increase in the future, I personally buy bitcoin as much as I can, hopefully, can afford a whole not in a fraction.
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January 10, 2020, 04:27:25 PM
 #195

If you can afford 1 bitcoin then I think it's enough for you to save them. There are only 21 Bitcoins in this world and 18,152,537 of them have been mined and in the circulation right now. Imagine if 18 Million of the population own one bitcoin each and you collected one of them. Bitcoin is a deflationary meaning that its value will increase in the future, I personally buy bitcoin as much as I can, hopefully, can afford a whole not in a fraction.
indeed 1 bitcoin has a very high exchange rate and if supply reaches a maximum then I think there will be a lot of bitcoin price movements because there will be many who are looking for bitcoin and few will sell it at the exchange so that I am sure the price can be very expensive.
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January 10, 2020, 04:48:50 PM
 #196

If you can afford 1 bitcoin then I think it's enough for you to save them. There are only 21 Bitcoins in this world and 18,152,537 of them have been mined and in the circulation right now. Imagine if 18 Million of the population own one bitcoin each and you collected one of them. Bitcoin is a deflationary meaning that its value will increase in the future, I personally buy bitcoin as much as I can, hopefully, can afford a whole not in a fraction.
Yeah 1 bitcoin is enough for an investors but I think if a person have huge amount of money then I think he need to buy more and more bitcoin that how much he have money because now the price of bitcoin is going to increase and if he save it for long time then I think bitcoin will give him very good profit.

pixie85
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January 11, 2020, 12:50:47 AM
 #197

Opinions change as we go up in price. It used to be that they were having elite clubs of people owning 100 bitcoins then 50 then 21 then 10 now it's 1 Cheesy

I can bet you that if we ever go to 50 thousand dollar bitcoin you're going to be in the elite if you even have 0.1 because kids and students won't even be able to afford it. You have 0.1 you're still big if you think that the minimum wage in some countries is $100 a month. Owning 1000 dollars in Bitcoin is already a big deal for half of the world.
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January 11, 2020, 03:14:31 AM
 #198

Opinions change as we go up in price. It used to be that they were having elite clubs of people owning 100 bitcoins then 50 then 21 then 10 now it's 1 Cheesy

I can bet you that if we ever go to 50 thousand dollar bitcoin you're going to be in the elite if you even have 0.1 because kids and students won't even be able to afford it. You have 0.1 you're still big if you think that the minimum wage in some countries is $100 a month. Owning 1000 dollars in Bitcoin is already a big deal for half of the world.
It is big deal because it is already a huge amount. Everyone inside the crypto world could feel envious if anyone they know is holding a thousad of dollars here in crypto because it is very difficult to earn that amount most especially as what you hav said, to the students and kids. Coz most especially the crypto users are students or teenagers.
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January 11, 2020, 03:25:12 AM
 #199

Opinions change as we go up in price. It used to be that they were having elite clubs of people owning 100 bitcoins then 50 then 21 then 10 now it's 1 Cheesy

I can bet you that if we ever go to 50 thousand dollar bitcoin you're going to be in the elite if you even have 0.1 because kids and students won't even be able to afford it. You have 0.1 you're still big if you think that the minimum wage in some countries is $100 a month. Owning 1000 dollars in Bitcoin is already a big deal for half of the world.

Their is no exact figure as every one has their own need and demand to have it . More you have better it is as in future as you said if prices rose to 50k you may become millionaire or even billionaire if you hold some decent quantity of it . Also your kids can enjoy the luxury of life .

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olumyd
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January 11, 2020, 03:34:53 AM
 #200

...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.

Having a set goal of how much Bitcoin to own isn't really realistic, except it pushes you further to own more. If you want to only have 1 Bitcoin, I doubt you'd be able to stick to just that one. But imho, st least have 1 Bitcoin, so if the price someday hits any of the outrageous speculations, you'd be in good company. Besides, scarcity will help you make it to the rich list with at least 1 Bitcoin. Quite a cool ring to it.
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