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Author Topic: How many bitcoin is enough?  (Read 4105 times)
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July 16, 2021, 10:00:33 PM
 #321

It all depends on how much you earn and how much you are able to afford to lose. Some people will have a higher loss threshold than you because of their apparent affluence and perhaps their high-paying jobs, and it is okay if you are not one of those people because most of us aren't either, but I digress. The best amount of bitcoin for you to hold is the amount that you are most comfortable with. Something you wouldn't sell in a panic when the market goes southward or something that you wouldn't put yourself in poverty for buying.
I know and can remember when I and my siblings were growing up and my Father was like;
All he needs is 1million Naira and the problems of the family will be settle but that was not the case when the 1 million arrived.
I don't think there is any amount of Bitcoin that is okay for someone, that is why will need and continue to invest in it to gain more, and accumulate more wealth for ourselves.
We all need and wish that our Bitcoin keeps increasing as the day goes by, so no amount is enough as far as we are human.
So the same way no amount of money is enough, the same way no bitcoin is enough also.
It's a case by case basis when it comes to anything that is related to money really. People are not easily content with what they currently have, and will always find ways to accumulate more wealth in the future, sometimes regardless of the means. For some losing a 21 bitcoins wouldn't put them in a state where they could contemplate suicide, for most of us, that is not the case.



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July 16, 2021, 10:12:43 PM
 #322

It's has no certain bound or number. It's depends on person to person, I don't have any Bitcoin in my personal wallet but I don't have no interest on bitcoin. I have 30 BNB I'm my personal wallet, so I am satisfy with my Binance coin.

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July 17, 2021, 03:16:21 AM
 #323

Nothing is enough. Numbers aren't certain as well as prices. If you have faith in Bitcoin, you'll hedge more and more and more and nothing would be enough for it only your capabilities to buy. However, there are grey ares in my opinion whereas if bitcoin forecast were correct by the year 2050, probably a 6.15 figure might as well be correct for your comfortable life.
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July 24, 2021, 08:27:43 PM
 #324

Human needs are insatiable. The need to accumulate as many BTC as possible can't be satisfied. One can never really have a number that would be enough. Personally, 1 BTC is the goal for now. I want to wake up everyday with this goal in mind. And thank goodness if I reach it within a year. If and when I do, I'd raise the bar. I'd set another goal. Maybe 2BTC. However, having 1BTC or 2BTC is not as important as what I do with them.

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July 25, 2021, 04:24:07 AM
 #325

Human needs are insatiable. The need to accumulate as many BTC as possible can't be satisfied. One can never really have a number that would be enough. Personally, 1 BTC is the goal for now. I want to wake up everyday with this goal in mind. And thank goodness if I reach it within a year. If and when I do, I'd raise the bar. I'd set another goal. Maybe 2BTC. However, having 1BTC or 2BTC is not as important as what I do with them.

Looking back, I still couldn't believe that earning 1 BTC in a year has become so difficult now. Back in 2014/15, it was possible to earn that much in a month, from doing a bit of freelancing and signature campaigns. There was a Primedice campaign, which had a maximum payment of BTC2.40 per month (that would be around $1000 as per the prevailing exchange rates in 2014, but an unbelievable $82,300 as per current exchange rates). Back then, the number of users were low. Now the competition is too high and the number of businesses willing to conduct signature campaigns haven't gone up significantly.

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July 25, 2021, 07:37:50 AM
 #326

It doesn't matter how much bitcoin is enough if you believe in bitcoin it is better to keep bitcoin according to your ability the more you can invest in bitcoin the more your capital will increase bitcoin cannot be predicted but the most popular cryptocurrency in the world is bitcoin. In order to maintain stability in the future and increase profits we have made many changes in our cash investment policy, which is why the price of bitcoin has skyrocketed.
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July 25, 2021, 10:01:14 AM
 #327

If we were to assume that bitcoin will go up to 100k and will stabilize at that point, I think that about 30 bitcoin is enough for me to live up towards my death and even leave money for possible heirs and the heir will definitely get a hefty sum when it happens.

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August 06, 2021, 11:58:22 AM
 #328

Also depending on your belief in bitcoin and existing assets, I don't think you should put all your assets in bitcoin because sometimes at risk, I just put half of my capital in Bitcoin and the other half  to use when needed.

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August 06, 2021, 12:09:49 PM
 #329

If we were to assume that bitcoin will go up to 100k and will stabilize at that point, I think that about 30 bitcoin is enough for me to live up towards my death and even leave money for possible heirs and the heir will definitely get a hefty sum when it happens.
30 bitcoin is a bit too much in my country but if you plan to not work your whole life then probably it's enough money, for me though, I would probably go for aroun 20 bitcoin and have the half of those invested in passive income and then the other spent on travelling and capital for a business.
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August 06, 2021, 02:55:35 PM
 #330

It depends on how much bitcoin we can accumulate. If you believe in bitcoin then I think you will do everything to accumulate more, therefore there is no enough bitcoin for you. If you have just small capital, it's difficult for you to accumulate even one bitcoin. So far bitcoin is playing at $30k to $40k , if possible you can buy more now and wait the next ATH or if it will bounce back to $60k, at least you surely have profit.

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August 06, 2021, 03:38:14 PM
 #331

For me, there is not enough Bitcoin that I aspire to, the more I buy Bitcoin, the higher my profit rate, but we must not put all our wealth in investing Bitcoin. Moderation in investing is a good idea in addition to holding Bitcoin for the long term. We have to collect good amounts of bitcoin, a minimum of 1 bitcoin and leave it for the future, its price in the future may reach more than its price now.

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August 06, 2021, 07:09:21 PM
 #332

If I can get my hands on all, I will grab them all and become the king of crypto, my generation will be poor but I fear they might all dump it on me when they found out that. Lol.  Grin
The truth, grab as much as more Sats you can get your hands own and hold them for long time, you will enjoy the patient and endurance you have managed.
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August 06, 2021, 07:39:36 PM
 #333

It's has no certain bound or number. It's depends on person to person, I don't have any Bitcoin in my personal wallet but I don't have no interest on bitcoin. I have 30 BNB I'm my personal wallet, so I am satisfy with my Binance coin.
because here we are free to do whatever we want including choosing what coins we want to adopt.
and bnb is not a bad choice because basically this coin will have the potential to become one of the leading coins in the future.
apart from smart contracts, bsc is very popular now because the shipping costs are relatively very cheap, the coin burn system is also one of the good reasons for bnb to be able to compete in the future.
continue what you think is best because the choice is made by yourself not by others

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Robinson66
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August 07, 2021, 09:50:44 AM
 #334

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.
If your funds are sufficient, you can purchase at a low price each time. But don't give yourself a very high goal.
If you want to set a target, don't set too many goals so you can't get your goals and affect your mentality.
I regularly invest. If my fund is already enough, then I will start to analyze the market. When I think it is right, I will invest.
If you don't have a goal, don't borrow money.
Rasa nanas
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August 09, 2021, 05:28:53 AM
 #335

Human needs are insatiable. The need to accumulate as many BTC as possible can't be satisfied. One can never really have a number that would be enough. Personally, 1 BTC is the goal for now. I want to wake up everyday with this goal in mind. And thank goodness if I reach it within a year. If and when I do, I'd raise the bar. I'd set another goal. Maybe 2BTC. However, having 1BTC or 2BTC is not as important as what I do with them.
yes greed is a trait that is difficult to keep from the human heart, especially when it comes to money. for bounty and airdrop hunters like me getting 1 BTC is something very extraordinary, but for traders with large capital getting 1 BTC is something normal.

nicecrypto
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August 09, 2021, 06:14:37 AM
 #336

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.
We all have different needs and desires and everyone also has different targets so, when you see all this different opinion about how much Bitcoin some thinks will be enough for the future, others might see it as not enough while some might tell you that they don't need that much. One Bitcoin could make you a millionaire in one part of the world while in another part you are just comfortable with it. I too don't think I personally have a target but will just like to keep buying up sats as often as I can afford them Grin
sisikin
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August 09, 2021, 06:41:54 AM
 #337

I think nothing is enough. When you have one Bitcoin, then you may want two or three again. People are dissatisfied and selfish. May be for a better life for the family,
Don't set too big goals for yourself. If you set yourself 50 bitcoins, but you currently don't have any of them, then the goal you set is meaningless.
I will not set goals for myself. I will invest in Bitcoin on a regular basis. Whenever Bitcoin falls, I will pay attention and take out my extra money to invest.
glendall
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August 09, 2021, 02:08:03 PM
 #338

i don't set how many bitcoins i must have because i sell my bitcoins if i need and all in if i think my profit is enough
and buy back when the market is correcting
if we hunt for money, no matter how much money we have it will not be enough, then being grateful with the profits we choose is enough to make us calm

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xSkylarx
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August 09, 2021, 03:16:53 PM
 #339

there is no target how much bitcoin for me, i don't even really like to collect bitcoin for longer. for me, if I have bitcoin, I will immediately sell it. it's enough for me
Agreed, sell it if you really need the money, but if not, keep it so that you have money to get in case of emergency. But if I have a whole bitcoin, that is more than enough for me because the amount is so huge that it makes me wealthy and allows me to buy the things that I really need. The best way is to save it for the future, but if you really need money, sell it now because the price is really high and you can earn a lot of money.
jossiel
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August 09, 2021, 09:34:44 PM
 #340

there is no target how much bitcoin for me, i don't even really like to collect bitcoin for longer. for me, if I have bitcoin, I will immediately sell it. it's enough for me
You've got a different plan than most of us.

Most of us plans to hold it for a long time and until we see the price soars and skyrockets, we're probably be selling a few and will still keep the rest.

But if that's your plan and you're in a situation that forces to do that, you still save even a little.
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