How to Become an Owner of 1 BTC - Only the brave and courageous wins!

[Lucius]

No matter what anyone says about the reasons why they are interested in Bitcoin, I think a very small percentage of people became interested in Bitcoin because of its technology, and most still saw only an opportunity to make money. Accordingly, we come to perhaps the most frequently asked question "How to become a 1 BTC Owner?" Nothing in this world is free, so let's just conclude that all those offers you saw on the internet are a total scam - if it seems too good to be true, then it is probably not true.

So how to become the owner of 1 BTC?

The first and safest way in which you play the one and only role is to separate a portion of your money earned each month and buy a certain amount of BTC. Of course, this approach requires that you have a stable source of income and that you have enough money each month to invest in BTC after settling all other expenses. Depending on the amount of money you can invest and the cost of BTC this can be a process that will take 1 year or even a few years.

Take the example of a person who can invest $300 a month ($10 per day). In 12 months that person can invest $3600 and at the current price, it gives us the amount of 0.4279 BTC. This would mean that over two years that person would be very close to becoming the owner of 1 BTC, but also take into account the price changes during the year. The same procedure would result in more than 1 BTC in 2018 in just one year.

Another way is to find a job that pays directly to BTC, but it's really just a reverse process of what I explained before because you have to sell BTC to cover the cost of living. Of course, no one will forbid you from doing more than one job and thus get to your destination sooner.

This forum offers some opportunities to get paid in BTC for your services that may be in different areas, from signature campaigns, design and programming, trading and even to become moderator/staff.

I want to tell you that everything is possible, but it will not come by itself - you have to invest your time, effort and a lot of goodwill with the willingness to overcome every obstacle that comes your way.

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[cryptoaddictchie]

I did own some btc and all of it came here from my previous works here in forum that paid btc and altcoins. I dont stuck altcoins from campaign and directly convert it into btc to be safe. I have a decent job but never I invest it on cryptocurrency as my salary purpose is for my own personal and family expenses.

Owning 1 btc is not easy to reach but with just a little push, effort and willingness I know we can earn it. I'm almost near it so I expect this campaign Ive joined to works out well. Crossfinger! Nice explanation there @Lucius. Probably you already earned your first 1btc long time ago. 

[Insanerman]

That is one of the most detailed and practical advice for people who wants to invest in BTC. But that method of investing is probably not applicable to my status because I am just a college student and does not have a stable source of income.

I also owe a fraction of BTC that I earned during my stay here in this forum but unfortunately I used some of them to compensate and help my parents to finance my education thus, accumulating or saving BTC is extremely difficult

But I don't think those reason will stop me from becoming an owner of at least 1 BTC. As of now, I am studying programming languages, signature designs, or any traditional art services that can benefit me in the long run of staying here in this community.

Anyways, thanks for the boost. Much appreciated

[JeromeTash]

It possible and the strategy you posted is a good one for those who do not want to stress a lot with trading. Running a service or getting a gig where one gets paid in BTC makes it even easier especially in times when the bitcoin price is low.

I am also thinking of making a challenge for myself where i will be buying BTC per week with a few hundred of dollars combined with earnings from any signature campaign i will be earning from at that time. I will then try to document the whole process. Just want to see how far i can go to own a couple of Bitcoins from scratch  

[mk4]

I just wanted to add, for you fellow 3rd world country bro's out there: you don't have to aim for 1 BTC immediately! A 1 BTC goal in the get go can be very intimidating of a goal, as it could be a very long term goal. Why not aim for .1 BTC first? Then .2? and so on and so forth. Skip that Starbucks coffee and go save your money for bitcoin instead.

[rosezionjohn]

Why not aim for .1 BTC first? Then .2? and so on and so forth.

Many people are bad savers and that is why some would advise to aim higher like 1 BTC since it's hard to achieve and will not be achieved most probably. Even if the person was able to save only 10% of the total goal, that's still 0.10 btc. If, at the beginning, the aim was saving 0.10 btc, a person could end up saving only 0.01 btc due to bad saving habits. I hope you get my point.   

Skip that Starbucks coffee and go save your money for bitcoin instead.

Skip the milk tea also 

[rhomelmabini]

I just wanted to add, for you fellow 3rd world country bro's out there:

Hello, thanks for calling out on me bro , Well, getting at least 0.1 BTC with the current price right now needs some effort and reliable source of income, yes, especially for us living on 3rd world countries (I guess this is way achievable faster on the last quarter of 2018). But in reality, even if you have the effort and the source most of it will be set aside into basic needs plus you have to deal with the ever unchanging inflation rate every year, those add up too.

As the subject says it's only for the courageous and the bravest of us all that'll make it own a 1 BTC. So, this is just my opinion and those have chances to own at least 1 BTC on 3rd world countries are those:
1. Those who are bachelors or joking aside those who have not a demanding GF
2. Have the desire for crypto.
3. Not having an extended family (experience is a valuable lesson, you know what I mean),
4. Those who have bitcointalk account (go for the risky bounty then convert it to BTC or get some BTC for signature campaigns then HODL, trade, etc.,)
5. Those who have part-time getting a job that pays BTC or simply those who have part-time jobs.

Those that I mentioned above are just from my own perspective, feel free to add if you have some especially for 3rd world buddies here in the forum.

[Findingnemo]

I do agree that you can become owner of 1BTC when you buy bitcoin every month in small portions.But how to increase the speed of achieving 1BTC with your saving there are some ways available like trading which doesn't need extensive skills to be honest just try to sell for profits even i long term which gives you little bit of profit then invest back when price falls and keep doing it until ou achieve your goal.

Invest on gambling site's bankroll which might give you 5-7% per annum.

[nickenburg]

I agree getting 1+ btc at the time is pretty hard, pre 2016 it was a bit easier and overtime I accumulated over 2 Bitcoin in different altcoins.
It was a pretty proud moment when I went over 1 Btc and it was all because of this forum and I only invested a small amount of my own money.
Mainly I got everything from helping/investing in to Ico's, doing Signature campains and translations.

For people who can't invest much in to btc because they have to spend all their income, or don't have any income, try to make a income in Bitcoin trough this forum just look at the service forum and see what you can add there.

But if you have a job just see what you can miss and invest it in to crypto every month, you need to do research and keep up to date with the cryptoworld tho because it is changing so fast.

[d.kevin29]

I think it's harder to keep 1btc when you have it because it's really tempting to try to have more (bets, trade, etc etc)
After signatures (like chipmeaxer  )  and bounties are still a good way to earn it, but it's not as easy as in the past.

After if you don't have a lot of money to invest .... remember you can live without eating for 70/80 days. less money = more satoshis   

If you cannot abstain yourself from betting and trading, you've got a problem. I've been holding some of my coins for over an year without spending a penny out of them and I never had the temptation of spending them on trades & bets. Long term investments are long term for me.

I also believe investing shouldn't mean lowering the quality of your life. Remember that a Bitcoin investment might also mean a loss, so if you decrease the number of food portions per day in order to invest and then Bitcoin crashes, congrats to you: you've got a double-loss.

I usually find myself investing in Bitcoin during the worst times possible. To give you an example, I've been investing in BTC since the beginning of this year and halving is about to come. My plan was to stack up as much as I could, before halving price comes in. I believe I'm kinda too late and should've started investing back in 2019. But whatever, better now than even later.

[HabBear]

The first and safest way in which you play the one and only role is to separate a portion of your money earned each month and buy a certain amount of BTC.

Thank you for this! So many people who are new to bitcoin think it's some magical currency that requires a unique way to earn it, it's one of the greatest misunderstandings of new people in this forum.

Bitcoin is just, yes "just", a currency. You do work, someone pays you for that work, they could pay you in any currency (or you can asked to get paid in any currency). Whatever currency they pay you in, you convert it to bitcoin! It's absolutely that simple.

I think most people on here asking "how to earn bitcoin?" are really just excited to earn more money - which is great! In that case, do whatever it is you do best for the highest rate you can find or spend more hours doing it! Making side money is rarely a bad idea, just make sure it's legal!

[Findingnemo]

I think most people on here asking "how to earn bitcoin?" are really just excited to earn more money - which is great! In that case, do whatever it is you do best for the highest rate you can find or spend more hours doing it! Making side money is rarely a bad idea, just make sure it's legal!

Dumb people will ask for it,one who really interested will research how to earn money.

For someone who thinks they are not earning more because they failed to get right graduate need to know that even big companies like google and facebook start recruiting people based on skills even if they don't have any graduate so increase skills to make more money.

[LbtalkL]

I think the safest option in what you say is selling your knowledge and talents like in signature campaigns and other stuff like graphics designs and programming but these are not permanent unless you are accepted on long term signature. If you have a daily job maybe a savings will do just avoid luxurious things to be able to save and not ending up selling BTC to cover the cost of living. The riskiest is selling a property just to own bitcoin, I just read a piece of news from previous years some people are selling their house/properties for bitcoins which is not advisable maybe if you have two houses or more.

[LTU_btc]

Well, many people have goal to have 1 Bitcoin. It's quite difficult task if you live in poor country. So, it's good to invest little step by step, not more that you can afford to lose. Maybe for start, begin with goal like 0.1 Bitcoin.
And if Bitcoin will reach something like $20k again, 1 Bitcoin goal will be hardly achievable for every average person.

I think it's harder to keep 1btc when you have it because it's really tempting to try to have more (bets, trade, etc etc)
After signatures (like chipmeaxer  )  and bounties are still a good way to earn it, but it's not as easy as in the past.

After if you don't have a lot of money to invest .... remember you can live without eating for 70/80 days. less money = more satoshis   

Maybe it depends on each person. Because I'm not tempted to waste my BTC on gambling or unsuccessful trading. Offcourse, I'm spending it, but I'm holding biggest part of it. But actually, spending Bitcoins is good thing - it's main purpose of money. Imagine if all people just would HODL it.
I don't agree that bounties paying in crapcoins and tokens still can be good source of Bitcoins. If you're refering to Bitcoin paying signature campaigns, you're right.

[coupable]

In real life, i am a merchant. I live in a 3rd world country where no regulations for cryptocurencies. Crypto_entousiast use local private groups in facebook to make trade deals, as i think most countries have those private groups. Since few months, i knew some people who are closed to me and i started accepting paiement in bitcoin when they buy something from me. Bitcoin becomes widely known as i can tell that there exists a crypto community in the great majority of countries so anyone can accept crypto-paiement for some of his work if he is willing to hold btc as investment .

[DevilSlayer]

Well, many people have goal to have 1 Bitcoin. It's quite difficult task if you live in poor country. So, it's good to invest little step by step, not more that you can afford to lose. Maybe for start, begin with goal like 0.1 Bitcoin.
And if Bitcoin will reach something like $20k again, 1 Bitcoin goal will be hardly achievable for every average person.

I think it's harder to keep 1btc when you have it because it's really tempting to try to have more (bets, trade, etc etc)
After signatures (like chipmeaxer  )  and bounties are still a good way to earn it, but it's not as easy as in the past.

After if you don't have a lot of money to invest .... remember you can live without eating for 70/80 days. less money = more satoshis   

Maybe it depends on each person. Because I'm not tempted to waste my BTC on gambling or unsuccessful trading. Offcourse, I'm spending it, but I'm holding biggest part of it. But actually, spending Bitcoins is good thing - it's main purpose of money. Imagine if all people just would HODL it.
I don't agree that bounties paying in crapcoins and tokens still can be good source of Bitcoins. If you're refering to Bitcoin paying signature campaigns, you're right.

Earning 1 bitcoin without any kind of investment will be a tough task. People achieving to have 1 bitcoin because they have capital that they can use to make more money but for those who do not capital will have a hard time to find a job where they can earn bitcoin. There are signature campaigns but still it is not enough to earn 1 bitcoin, it will take years before a someone will earn bitcoin through it. I do not say is not possible I just saying that it is a goal that is hard to achieve.

[pooya87]

No matter what anyone says about the reasons why they are interested in Bitcoin, I think a very small percentage of people became interested in Bitcoin because of its technology, and most still saw only an opportunity to make money.

it is not a bad thing as long as people only start that way and then learn more about benefits of bitcoin (the technology) as a decentralized currency. i myself went back and forth between the two for some time in early days. even now, as much as i like the technology i also like making money.

in any case your suggestion is excellent and that is what i have always been telling others. set a side a small amount of "excess" money that you have and invest that in bitcoin. as Andreas Antonopoulos once said you can use the money that you were wasting on something negative (like buying a pack of smokes) and invest that in bitcoin.
additionally those who use this strategy should avoid trying to play the market and be greedy about their purchases. instead they should buy bitcoin on the date they have predefined for themselves. for example every last week of the month. they can put some wiggle room for a better deal but not that much. otherwise they will get caught up in a market they don't have experience in and lose opportunities and possibly money.

[hugeblack]

As long as you are talking about Bitcoin as an investment and not about revolutionary technology, it is mathematically profitable if you buy small amounts on equal periods due to the conflicting prices.
The most criteria thing about investing is profit, not getting 1BTC, you can speculate, exchange to stable coins and back, invest in some tokens and get 1 BTC faster than buying it directly.
So the essence of the issue is not to get 1 Bitcoin, but rather how to make a profit in all circumstances.

[yazher]

Honestly, the fastest way to collect BTC is to gather enough information on where you might get it in an easy way. One of the fastest ways is engaging in this community where you will learn a lot of fundamentals and how bitcoin works. After that, you will need to join some of the paid campaigns to get yourself your first BTC. then from that point, you can start holding your earned BTC till the last payments you recieved.

[Lucius]

Nice explanation there @Lucius. Probably you already earned your first 1btc long time ago. 

Thanks, of course, I achieved this goal a few years ago when it was much easier to buy or earn 1 BTC. Like many others, my journey to this goal began with faucets, but at a time when BTC was worth less than $1000. During 2015, the BTC price was generally around $200 or even lower and with a good strategy on faucets which include a lot of refs I can very easily get 500 000 to 1 million satoshis per day. So in 3-6 months with only 1-2 hours per day, it was possible to get 1 BTC. Some would say "wasted time", but it paid off above all expectations.

But I don't think those reason will stop me from becoming an owner of at least 1 BTC. As of now, I am studying programming languages, signature designs, or any traditional art services that can benefit me in the long run of staying here in this community.

You have a very good and positive attitude, there is no doubt that you will succeed over time. Investing in knowledge is always worth it.

I am also thinking of making a challenge for myself where i will be buying BTC per week with a few hundred of dollars combined with earnings from any signature campaign i will be earning from at that time. I will then try to document the whole process. Just want to see how far i can go to own a couple of Bitcoins from scratch 

It is good if you can afford to spend a few hundred dollars a week buying BTC, it will definitely speed up the process I described. Of course, always keep in mind that you do not invest the money you need for your daily needs, even if it means that sometimes you have to temporarily abandon the plan.

But how to increase the speed of achieving 1BTC with your saving there are some ways available like trading which doesn't need extensive skills to be honest...
Invest on gambling site's bankroll which might give you 5-7% per annum.

Trading crypto is very risky, I would not advise this to anyone who really does not know exactly what this is about. It is true that small investments can make big profits, but it is also true that most eventually lose everything they have. As for investing in the gambling site's bankroll, it is the same as gambling there is no guarantee of a return on investment, not to mention that the user is not in control of his private keys.

I also believe investing shouldn't mean lowering the quality of your life. Remember that a Bitcoin investment might also mean a loss, so if you decrease the number of food portions per day in order to invest and then Bitcoin crashes, congrats to you: you've got a double-loss.

I agree with this statement, you don't have to make your life worse for investing in something that is actually very risky. But if one gives up cigarettes, alcohol, unhealthy food, drugs and invest that money in BTC it definitely helped his health and possibly his financial security in the future.