2020 - Set your Target and Make your Plans

[bitcampaign]

my plan is easy to buy bitcoin when it's really cheap or some of the top altcoins that are going down, I've implemented this every month spending $ 200 to buy a little altcoin when later I can sell it to bitcoin when the price rises, I know this will be rare even I want to collect 1 BTC until next year as my main target, hopefully I can collect it

[leea-1334]

What if it's just the same people but have different addresses? I think we cannot clear or clarify that some bitcoin addresses belong to one person. Based on the table, there would be more people trying to hold in different addresses, probably for various reasons.

As for the earning of Bitcoin, it would be harder to have more for miners because the rewards became half, but for the people in general, there are still plenty of Bitcoin circulating. It's not so much an effect if you think about it.

Yes,,, I myself have used probably over 100 addresses in my life and this is just in my own wallet. If you count the exchanges, the other sites that I often use, then maybe we are talking about over 1000 addresses maybe even more.

We all are supposed to use a new address each time anyway, that was how it was prescribed for more privacy!

[tsaroz]

This generalizes that less than 3% of bitcoin accounts has 1 bitcoin or more and they have more than 95% of total supply.
This also proves less than 2000 people control more than 50% of bitcoin supply.
As some people could have many wallets while many of the people might be storing their coins in an exchange, there are many other things we could not conclude by just seeing this chart.

[Pamadar]

This generalizes that less than 3% of bitcoin accounts has 1 bitcoin or more and they have more than 95% of total supply.
This also proves less than 2000 people control more than 50% of bitcoin supply.
As some people could have many wallets while many of the people might be storing their coins in an exchange, there are many other things we could not conclude by just seeing this chart.

That's right, not all bitcoin holders store their assets in one specific wallets more of them are using different wallets in order to secured their assets.
Though this statics helps everyone to do good assessment to accumulate more bitcoin while you still have a good chance to bought much cheaper
price. Set your goals and make sure to understand everything including those risk behind this business.

[DreamStage]

I can contradict on your statement that having lesser than 1 Bitcoin atm will become harder to achieve 1 Bitcoin the future after halving.

As for instance i can gamble and still win way more than your HODLling winnings.

Nevertheless if you think an on going trading, hodling involvement as 100% then yes for sure it will be harder, specially keeping up with the price set from both buyers and sellers.

In the end it all sums out to which ways will you try to use to achieve your 1 Bitcoin all time high.

[aoluain]

Everyone must realise the basics behind Bitcoin, its decentralised, transactions
are largely anonymous with the exception of known wallets like Satoshi's and
those belonging to exchanges, other than that the wallets owners are unknown.

So yes multiple wallets with varying amounts can and are owned by a single person
therefore charts like in the OP only give an estimate.

everyone knows the price of Bitcoin is rising over time with minor and major fluctuations
at various times so over time the race to accumulate a certain amount of Bitcoin is
getting harder.

There are many factors which over time will contribute to that difficulty, looking short
term to 2020 at known factors like "The Halving" and the EU's ruling to allow banks
to store and trade Bitcoin and Crypto will only make it harder for people to reach whatever
goal they set, particularly those who cannot just buy what they want outright but instead
have to budget.

Teading and Gambling to increase ones holdings are risky tools so im not factoring them
into my thinking.

[cotton ball]

This generalizes that less than 3% of bitcoin accounts has 1 bitcoin or more and they have more than 95% of total supply.
This also proves less than 2000 people control more than 50% of bitcoin supply.
As some people could have many wallets while many of the people might be storing their coins in an exchange, there are many other things we could not conclude by just seeing this chart.

That's right, not all bitcoin holders store their assets in one specific wallets more of them are using different wallets in order to secured their assets.
Though this statics helps everyone to do good assessment to accumulate more bitcoin while you still have a good chance to bought much cheaper
price. Set your goals and make sure to understand everything including those risk behind this business.

Best ideas when you use different wallet for saving your assets, better never use one wallet to save all your assets because I got bad experience when collecting my assets in one wallet where hacked all my assets gone, if you use with different wallet you have chance although your first wallet hacked but you still hold your assets with other wallet address.

[bering]

I have no particular target on 2020 because sometimes my target will not according to my plan so i don't want to be disappointed from it and that's why i do not have target of achievement in this year but i was curious to see bitcoin price of movement that when some people predict bitcoin halving will boost the price

[SquallLeonhart]

Hey OP, you don’t really have to force yourself too much, it’s not a must that you will own Bitcoin, just buy only what you can afford to hold. Economy is not the same I’m every country and people can only afford it based on how much they have and how much they can afford to risk in bitcoin.

There are people who don’t even have an amount in their bank account that is worth quarter of Bitcoin and moreover you’re not even sure as to whether the price of Bitcoin would be increasing or not. In my country 1 BTC is worth millions and a lot of people can’t afford that amount. Basically, I have already into this crypto space with predetermined targets and I am just waiting for bitcoin's part to be fulfilled. It means I have completed my part some 2 years back itself.

[elisabetheva]

targeting in 2020 that has only been running for a few days is very unreliable. besides we want to be diligent in looking at each crypto movement carefully so as not to get things we don't want alias loss. as well as bitcoin is very difficult at this time to determine its movements because it moves every minute and is always erratic. can continue to go up and not a few also plunge downward. we better analyze ourselves now with the belief that what we do is the best.

[marcous]

I have big dreaming with on 2020 become more success and better than last year with get much profit with bitcoin as trading or investing, I will schedule good planning at this year which one way have to focus beside joining bounty campaign as my source income I will trade my money in bitcoin and altcoin, keep profitable and make good planning before beginning with trading ways.

Yes, I also hope that 2020 will be like what happened in 2017, where trading and making money from cryptocurrency are easy and meets financial needs. Especially when trading ALtcoin, really missed those moments. where every day can take profit from trading Altcoin. And while the results of the Bounty campaign are also very worth it.

[Jay_650]

The "Buy low, Sell high" graph for Bitcoin - guesstimates when the Bitcoin price hits a bottom or peak:

https://drive.google.com/file/d/1azTWcHoBTVHboQRJAtoX7wuct9KE8-Fa

[bitcoinsocial09]

I'm not sure if I'm going to invest all of my money in bitcoin since bitcoin has a bit of resistance in pumping in the coming months so I think I might split it up to invest in some of the popular altcoins too because I think there are profitable in a short term investment than bitcoin than I think is more profitable in a long term investment.

[Icygreen]

My 2020 plan is to make daily DCA until the price is just too compelling to ignore. Right now I'd consider 6k a seriously compelling price but I'm not expecting to get there or lower so until then, automated daily buys for the same amount are my goal for the entire year. Will be interesting to see the result per month and also at the end of year.

[peter0425]

actually i am contented in my below 1 bitcoin holding because i also have other altcoins that i believe will bring me profit after the halving so i am planning to add other alts than pure bitcoin.

anyway thanks for the stats at least i am enlighten now on how much each group has bitcoin in their possessions.

[Rengga Jati]

-snip-

-snip- My plan is to hoard a lot of altcoins in order for me to earn a lot in the halving season and my target is to earn so much because of the high value of altcoins -snip-

Firstly, I think you don't need to quote all the threads. It is a long thread, quite annoying if you quote all. Just write down your comment on the reply space, buddy.

Why you are so confident that altcoins will have high values in the halving season? Honestly, I am not really sure the altcoins season will coincide with the halving season. According to halving history, the rising phase of Bitcoin will happen one year later. So, altcoins probably rise in 2021, not in 2020. In addition, when Bitcoin rises, sometimes altcoins don't follow it. So, why you don't hoard Bitcoin which has more potential to soar?

[aioc]

But for now only those who have more money who have more than 1 bitcoin amount.
Yes indeed saving little by little is the most effective way to collect bitcoin because the amount will decrease along with halving.

Yes that's true, those who have money can always buy how many Bitcoin they want, this is a good playground for those who have money, I remember a few months ago when the market crash because of one whale cashing out in the market, hopefully in the future equal number of people will have a share of Bitcoin to avoid market crashing because of one whale.

[asus09]

But for now only those who have more money who have more than 1 bitcoin amount.
Yes indeed saving little by little is the most effective way to collect bitcoin because the amount will decrease along with halving.

Yes that's true, those who have money can always buy how many Bitcoin they want, this is a good playground for those who have money, I remember a few months ago when the market crash because of one whale cashing out in the market, hopefully in the future equal number of people will have a share of Bitcoin to avoid market crashing because of one whale.

I have planning for investing with many project investment like ICO, IEO and bitcoin or altcoin, I think best momentum in 2020 for success again investing in cryptocurrency and I am waiting when new ICO and IEO launching to public because I glad for investing again, I hope this years give back how our memories with 2017 with bitcoin and altcoin could give much profit.

[puertorikosena]

Of course, over time, bitcoin will become more and more scarce and its value will only increase. If there is an opportunity to invest in this cryptocurrency, then you need to do it. It will be a very good long-term investment.

[Ridwan Fauzi]

I know and I've though it from 2017 ago when the first time I knew bitcoin and yeah to get one bitcoin it was really hard at that time moreover for now when there is many people who have the same though to owning bitcoin it will be more difficult.

But at least I've known bitcoin and know how to get money from it. I can collect money from it and make these things as a passive income it might be happier then I just thinking how to have 1 bitcoin.