How many bitcoin is enough?

[Linkkoin]

Just like any other asset, dollar cost averaging into Bitcoin, or any crypto currency for that matter is the safest way to go. Ride the highs, ride the lows, remove the stress.

Sell during the hype, buy during the panic - with a correct approach even without a lot of trading skills you can accumulate a lot of BTC. See the scenario:

Imagine you had eg. 10 BTC from 2011 and sold them close to the peak of 2017 (let's say $16000/each). After taxation (25%) you have $120000.
In late 2018 when all the people are speaking about the death of Bitcoin, you buy BTC with that remaining amount - for price $4000 (close to the bottom). You get 30 BTC.
You sold it in 2019 when the new hype started - you missed the peak, but still managed to sell it at $12000. You have $360000.
You then bought at $8000 late during the year what makes you an owner of 45 BTC...

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[outatime1]

Even just one Bitcoin if you hold it long enough should give you a big profit since this is still the early stages of Bitcoin development.  The key though is holding it for a few years to at least double your money.

[death69]

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 think that having 1 bitcoin is enough. You have to be patient in holding bitcoin because the price can go up anytime in the future. However, having more bitcoin is never a bad idea. Therefore, if you have a chance to buy more bitcoin, just spend your money on them. But never ever spend all of your money on bitcoin. It can be dump and you might lose most of your money.

[Barbarian]

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

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.

Well, if the price of bitcoin stopped growing for long enough we could get some kind of agreement about how many coins do you need but it doesn't seem like that will happen so we have no other option but to keep speculating about it, also it really depends on what people really mean by having enough bitcoin, if we are talking about having enough bitcoin to live the rest of your life and assuming that at some point in the future bitcoin reaches a very high price I will probably only need 10 bitcoins.

[EdvinZ]

I think that a person needs a monthly amount of bitcoins, the equivalent of which is equal to the amount of fiat money, which would be enough for a person to live comfortably and achieve his own goals. Somebody will have enough 0.1 bitcoin at the current exchange rate, and somebody and 1 bitcoin will not be enough. It all depends on the needs of the person. And it is good when needs coincide with opportunities, then you can be a really successful person.  

[doomistake]

Even just one Bitcoin if you hold it long enough should give you a big profit since this is still the early stages of Bitcoin development.  The key though is holding it for a few years to at least double your money.

I strongly oppose to this proposition.

This is just being safe, there is no guarantee however if you really are going to make profits by holding, because you will never know when you will be going to need the money you invest in bitcoin, what if you missed the ATH and suddenly there is an emergency happened in your household, of course you will be force to withdraw some amount of money to the bitcoin you are holding and that is automatically loss of profits.

I preferred looking different angles while holding, like for example is Trading, you could maximize your profits while waiting for the big bang in the market.

[criza]

If I would ask how many Bitcoin is enough for me, my answer is 1; with one Bitcoin I could earn and save a lot of money. I'll turn it into a real money but, I would still invest here in cryptoworld adding investments in the physical market like in Gold so I could keep my money secure. I would build business from it so I could still afford to buy my necessities and achieve a better life.

[CarnagexD]

Even just one Bitcoin if you hold it long enough should give you a big profit since this is still the early stages of Bitcoin development.  The key though is holding it for a few years to at least double your money.

The estimates provided might imply bitcoin becoming a bonafide cryptocurrency which can be used as a replacement for fiat. If that so happens, we would need all the bitcoin we can have. Because as bitcoin becomes more and more adopted and as it reaches it's main goal to become a coin, not an asset, it's price is also expected to decrease, if that so happens then people would need to get as much coins as they can in order to ride the wave.

[ScamViruS]

There is no fixed amount. You have to consider according to your ability. I have a target to buy a certain amount of Bitcoin every month that I will hold for the future. (Let the amount be with me) 21 Bitcoin will not be easy for any small investor to buy. It seems to me that as much as he can afford to buy, he will buy that amount. The real thing depends on how long he will hold.

Like I buy that bitcoin every month with my extra money. I will sell these bitcoins until my target is met. I don't think that depends on the amount. I think that is what your future thoughts are, and what your goals are.

[FLoving]

Even just one Bitcoin if you hold it long enough should give you a big profit since this is still the early stages of Bitcoin development.  The key though is holding it for a few years to at least double your money.

Yeah holding any amount of bitcoin will benefit us no matter how much less amount will we hold one day it will bring a high profit to us but still we have to think that the more we will hold the more we will get the profit as if we hold one bitcoin now and after a year the price reach to $100000 then we will get a $92000 profit and if we will hold two bitcoins then in that one year we will get a double profit.

[posi]

If I would ask how many Bitcoin is enough for me, my answer is 1; with one Bitcoin I could earn and save a lot of money. I'll turn it into a real money but, I would still invest here in cryptoworld adding investments in the physical market like in Gold so I could keep my money secure. I would build business from it so I could still afford to buy my necessities and achieve a better life.

To me 1 bitcoin is not enough as an investment if you ask me because it seems small from my part to do all what you mentioned and if you're from the country which is not English speaking i.e (Australia/Oceania, Europe and North America) a bitcoin cant afford or execute something huge.

[ReiMomo]

If I would ask how many Bitcoin is enough for me, my answer is 1; with one Bitcoin I could earn and save a lot of money. I'll turn it into a real money but, I would still invest here in cryptoworld adding investments in the physical market like in Gold so I could keep my money secure. I would build business from it so I could still afford to buy my necessities and achieve a better life.

To me 1 bitcoin is not enough as an investment if you ask me because it seems small from my part to do all what you mentioned and if you're from the country which is not English speaking i.e (Australia/Oceania, Europe and North America) a bitcoin cant afford or execute something huge.

Every country has a different value of bitcoin, it will depend on their local currency compared to US dollars which bitcoin base on US dollars pair. A country like Venezuela bitcoin is very expensive. If you have 1 BTC there and sell it into that country probably you will have a million worth of their currency. 1 bitcoin for me is not enough to have a retirement from my job.

[DaftAjax]

There is no fixed amount.

Exactly. It is natural for a human being to be not satisfied. I say any amount is never enough. We will still want more and more, now it may sound as if mankind is greedy (well it's true for the most part) but at the same time, it's hard to stop especially if it helps us in our daily lives.

[milewilda]

There is no fixed amount.

Exactly. It is natural for a human being to be not satisfied. I say any amount is never enough. We will still want more and more, now it may sound as if mankind is greedy (well it's true for the most part) but at the same time, it's hard to stop especially if it helps us in our daily lives.

Even if you do have 1000 BTC on your own wallet, for sure you would still ask or look for more.We know that money is everything because if we dont have this
then living would really be hard so its just normal for a person to look for more and heres come greed where we know that it isnt really that good to have this kind
of behavior.Part of reality where each people do have different capacity and capability on earning btc.Some do gain from being an early adopter and some do accumulate
while its still cheap.

[Kelvinid]

If I would ask how many Bitcoin is enough for me, my answer is 1; with one Bitcoin I could earn and save a lot of money. I'll turn it into a real money but, I would still invest here in cryptoworld adding investments in the physical market like in Gold so I could keep my money secure. I would build business from it so I could still afford to buy my necessities and achieve a better life.

I appreciate how you planned it...May 1BTC is good enough for you as it already has a high value when converted into fiat, the same also in my place. But of course, it doesn't just mean that if we have already 1BTC we just stop investing crypto. Yes, why not to continue doing it until to its ends. We started it and we earn great, or may we could earn more than of 1BTC that we've holding right...possible to double it? That was amazing, though.

[Myfe]

This is the age old question.

I think a parallel, and possibly better question, is: When the price of bitcoin goes down do you keep acquiring at the same rate or do you slow down or stop? Psychologically when the value of an investment goes down people want to flee or hold off on any new investment. But buying low allows each of you to buy more for the same fiat investment. 

[FlightyPouch]

There is no fixed amount.

Exactly. It is natural for a human being to be not satisfied. I say any amount is never enough. We will still want more and more, now it may sound as if mankind is greedy (well it's true for the most part) but at the same time, it's hard to stop especially if it helps us in our daily lives.

We are human, we are subjected to have this sins because of the original sin that is committed. Even if there is a lot, it isnot enough for the freedy. Even if he had everything, it is still not enough. Also, it is not the thing that it can help, even though it can't help, people will not stop.

[Vanessamix]

I had a good start in 2018. The bitcoin price had remained constant for some time. I chose the right altcoin and made a good profit. It makes sense to make an investment as a bitcoin. However, for big gains, subcoin investment can also be made. I think 80 Bitcoin and 100 Ethereum are a good plan.

No sane normal person is able to get over 20 Bitcoin anymore. To reach 80 Bitcoin in a healthy wide-spreaded portfolio is impossible if you give crypto a maximum of 5%. However it is always a good idea to invest a small part of your wealth into a rising asset class like Bitcoin.

But I'm probably not the best one to talk about such a topic when I'm already fully invested in crypto ^^ Hodl and life.

The last part is probably true for most of this forum participants.
Anyway I think you are right on the 5% crypto part of the portfolio since the market is extremely volatile and sensitive to all kind of events in news.
So my guess would be 15 bitcoin is a maximum if we're talking about current btc's price (year ago it was only $3500 so it would be fair to buy more of it).

[Barbarian]

Even just one Bitcoin if you hold it long enough should give you a big profit since this is still the early stages of Bitcoin development.  The key though is holding it for a few years to at least double your money.

I strongly oppose to this proposition.

This is just being safe, there is no guarantee however if you really are going to make profits by holding, because you will never know when you will be going to need the money you invest in bitcoin, what if you missed the ATH and suddenly there is an emergency happened in your household, of course you will be force to withdraw some amount of money to the bitcoin you are holding and that is automatically loss of profits.

I preferred looking different angles while holding, like for example is Trading, you could maximize your profits while waiting for the big bang in the market.

Holding one bitcoin is better than to not hold any bitcoin, however I agree that someone thinking like that is playing it safe, what we need to do is to obtain all the bitcoin that we can, even if you get to whatever goal that you established for yourself it is important to keep accumulating coins, even if we are not early adopters and we are never going to be as rich as them at the same time once most people around the world adopt bitcoin even a small amount of bitcoin will amount to a small fortune.

[Mihaylovic]

maybe less than 1 bitcoin will be enough after 10 years. who knows. the only thing i know is i should collect as many as possible. because crypto market has a huge potential comparing to many other investing items.