STT
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June 29, 2020, 11:57:56 PM |
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1 Bitcoin should be enough because if the standard takes off fully, we're talking 21 million available in a world of 6 billion people. So to that to me it means there cannot possibly be enough BTC to be handing out multiple coins to each person or saying it'll be a requirement. I think the circulation of coins is quite essential for the success of BTC being established as a standard anyway so I really dont believe in collecting but never using BTC. I think the price will cycle up and down lots of times so its about being solvent in having enough but not the vast quantity per person exactly.
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TIDOVEE
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June 30, 2020, 12:21:28 AM |
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As for me, 1 Bitcoin is not enough, I will keep accumulating my coin as much as I could.. 1 Bitcoin should be around 9,193 U.S Dollars. And Bitcoin is becoming the world currency, opportunities comes in the life time of that opportunity, at the mentioned value, It something meaningful at hand but I don't mind getting 100 of it and spread out investments, human's need is insatiable and we can never be satisfied with what is needed to meet the needs either.
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Ridwan Fauzi
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June 30, 2020, 12:45:26 AM |
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It means, you asking someone to have bitcoin and they decide to not sell it until whenever? I don't think it will be possible. Everyone or most bitcoin's user only use it for an investment place so as they will sell it when bitcoin price up and they will buy it again when bitcoin price down. I mean, they do these thing only for profit purpose. So, I have no desire to have a certain amount but I'll try to collect the profit that I will get when having bitcoin.
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yhiaali3
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June 30, 2020, 09:08:18 AM |
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Initially my goal was 0.1 BTC and I thought that was enough to me, but now I am close to achieving that and if I can reach 0.5BTC that will be more than wonderful to me, currently my goal is to have 0.1 BTC as a fixed capital and every increase over that I will convert it into local money.
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Raflesia
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June 30, 2020, 10:14:47 AM |
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The amount of bitcoin you should own should come down to it's relationship with your entire portfolio. As much as I love bitcoin ans support it, it's still a risky "investment". You should have a sound portfolio that is preparing you for long term, mid term and short term..with traditional assets/investments. Once that is set, then investing in riskier investments becomes prudent. How much you should buy depends on total net worth and level of risk tolerance.
If the goal would be to have a big bitcoin but it's true that we have to look at a healthy portfolio where our assets will increase in the long term or short term if you can cultivate it, therefore I always think hard how this can increase assets by being in my portfolio I'm sure investments that have been applied by us will be achieved with the risk of what he has faced.
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Alert31
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June 30, 2020, 04:06:19 PM |
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I think there is no enough for me as long as i can still earn because we need to spend everyday for needs. Even you have 1 or more bitcoin in your portfolio,you will spend some of them and soon it will run out. Also i can't earn bigger amount of bitcoin just in my small capital investment,so as i work here in crypto ,i want to earn and i don't want to put an amount goal to achieve then stop. Invest as we can and earn as we can.
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Bezobraznike
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July 08, 2020, 07:50:22 AM |
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I think there is no enough for me as long as i can still earn because we need to spend everyday for needs. Even you have 1 or more bitcoin in your portfolio,you will spend some of them and soon it will run out. Also i can't earn bigger amount of bitcoin just in my small capital investment,so as i work here in crypto ,i want to earn and i don't want to put an amount goal to achieve then stop. Invest as we can and earn as we can.
Alert31 you have some good points here, but this question how many Bitcoins is enough is about something else I think, with how many Bitcoin you can go to pension? I understood this topic like that. I think that even 1 Bitcoin can be enough for many people. If price goes high as some of us believe 1 BTC will be enough, and to have a couple from all other top coins. It would be enough for the pension!
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leyton11
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July 08, 2020, 09:26:11 AM |
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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.
Although bitcoin is the coin that everyone wants to own and hold it, I do not. I am interested in the amount of USDT I can earn from my trades. USDT is really great because the market is volatile, its price is not affected too much. With USDT, you can be safe and buy BTC or alts with lower prices when the market has bad news. For sure in the future I will try to make a lot of USDT to buy bitcoin at a low price and hold it for about 5 years, which is called profit maximization.
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glowing10
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July 08, 2020, 09:54:03 AM |
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I think there is no enough for me as long as i can still earn because we need to spend everyday for needs. Even you have 1 or more bitcoin in your portfolio,you will spend some of them and soon it will run out. Also i can't earn bigger amount of bitcoin just in my small capital investment,so as i work here in crypto ,i want to earn and i don't want to put an amount goal to achieve then stop. Invest as we can and earn as we can.
Well in order to live a normal life then say 50 btc at this point of time or so should be good as that amount you can deposit in different asset class again and receive the returns each month and one can retire as well and have the easy life enjoying at their home. Though the amount will different from person to person as needs are different for each individual and also the debt in which one person is in.
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TitanGEL
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July 08, 2020, 10:06:31 AM |
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It depends on the appetite and goal of a certain bitcoin holder, the answer is really subjective because we have different preferences. There are people who have goal to just 1 bitcoin or even less than 1 bitcoin but there are some who have desires to have a lot of bitcoin.
As a bitcoin trader, my goal is simply and it is to have consistent earning year in and year out in the cryptocurrency market. Luckily I have now a system that I can use in order to make a lot of bitcoin through trading. My desires are also changing and of course I also want to earn a lot of bitcoins.
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Freeesta
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July 08, 2020, 10:25:46 AM |
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I think there is no limit. It seems to me that now is a very convenient time for the accumulation of bitcoins. I would advise you not to spend bitcoins now. Sometimes a large sum of money may be required, then it will be possible to think about how to spend the savings. And I do not think that someone will set limits for themselves. Because the more, the better.
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Janation
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July 08, 2020, 11:04:39 AM |
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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.
As long as we are seeing the price as we have right now, you should really aim higher. We never know what will happen in the future so all we have now is to take what we can and make things happen with it. It might explode in the future and you will be regretting that you sold it earlier. As you said, it has a huge potential if we compare it to other investing items, might not be enough but just think of the people who really support it.
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inoes
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July 08, 2020, 01:41:00 PM |
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it's about "enough". by having 1 BTC but daily necessities are very expensive, then 1 BTC is still lacking. so in my opinion the target of 1 BTC is good, but try not only to collect BTC but to use it so that BTC in addition to increasing, can also bring in profit at any time.
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durilup
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July 08, 2020, 03:20:42 PM |
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It depends how long ago you joined into cryptocurrencies world . If you joined in December 2017 then you entered in a bad time . I think if you own 1 bitcoin that would be sufficient for the next 10 years.
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sulendra12
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July 08, 2020, 04:31:51 PM |
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you must be specific on what kind of currency you are talkin about . if its a local currency then they have a limitations
Limitation =/= Enough(How much money you can have to be called as "enough") i dont think that money is the solution for a bad economy but there are other proper solution with that problem .
Just get in reality that money is also take a part of how bad the economy on certain countries. Although there are something more reasonable and more impactful than money to determine how bad the economy is but the majority speaks that money is "almost" necessary in all cases.
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Pamadar
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July 08, 2020, 04:48:40 PM |
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It depends how long ago you joined into cryptocurrencies world .
Timing is the thing around this investment venue, as value is volatile and movements is very unpredictable. If you joined in December 2017 then you entered in a bad time .
That time the market experienced big bull those who enter the market to start investing still negative if they are keeping their assets until today. I think if you own 1 bitcoin that would be sufficient for the next 10 years.
Keeping that as your good investment better outcome for the next 10 years indeed, seeing how big the future will be for this investment currency.
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elisabetheva
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July 08, 2020, 04:49:04 PM |
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it's about "enough". by having 1 BTC but daily necessities are very expensive, then 1 BTC is still lacking. so in my opinion the target of 1 BTC is good, but try not only to collect BTC but to use it so that BTC in addition to increasing, can also bring in profit at any time.
if the basic amount of course for a number of 1 btc can not be said "enough" at this time, other than indeed when you hold it / get it when December 2017. obviously very different if the allocation of only 1 btc is said to be "enough" at a certain time. clearly the influence of time also determines if the principle is "enough" amount of 1 btc, because the price of btc is always changing and the possibility of rising can continue to occur.
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Black Red Jack
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October 09, 2020, 08:19:04 AM |
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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.
It seems to me that there is no correct answer to this question. Everyone should decide for himself how much BTCbitcoins he owns. By the way, here is an interesting article on this topic, maybe it will help someone https://icomaking.com/how-many-people-own-cryptocurrency
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Mauser
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October 09, 2020, 11:54:09 AM |
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I don't think you can say there is enough bitcoins. It just depends how much money you own in fiat currency. If you have only 15,000 USD at your bank account then buying 1 bitcoin is enough. I would not recommend going into debt just to buy more bitcoins. But if you have a big stick portfolio of 500k-1 million USD, then it's better to start diversifiy more Fiat money into cryptos. I am targeting to have 40-50% of my money in bitcoins and other cryptos.
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n0ne
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October 09, 2020, 06:24:10 PM |
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Even a single Satoshi is much more valuable than the past days of bitcoin. In one way bitcoin is for the rich, and the rich can get more rich through it. The very beginning days were the opportunity for the low level people to benefit out of it. Right now altcoins were the better choice for the low level investors who can afford limited funds. For me a single bitcoin at present seems to be more helpful ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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