[POLL] 2020, your last chance of owning 1 BTC

[bitmover]

Once a time when BTC was ATH that time I own more than 1 BTC. But unfortunately lost my portfolio, most likely I will own it again if the alts market goes bull run. Because I am holding a few shitcoin.

I made that mistake as well

If I had never invested in any altcoin I would have more or at least the same btc as I have now.

Imo, it is better to go 100% btc in the long run. Or at least 70-80% btc

What matters in the end is how much btc you hold, not how much are your altcoins worth (imo)

[Welsh]

Hmm, quite the little bear, aren't you a bit too pessimistic about it? 8k would match the last year's December dump, I don't see any reasons for it to go that low, and I also think that we will not see some instant drop probably a long term adjustment with a lot of ups and downs. But, note that I have a habit of failing predictions (be it price,hashrate, elections, weather) with an accuracy that makes me wonder myself what the hell I'm doing.  

Absolutely, I'm almost always pessimistic with investments, because I'm not a frequent trader, but rather in it for the long term investment. So, to me short term effects aren't something I usually overthink, or even analyze. Obviously, my ballpoint figure there is at the low point, and is quite frankly a guess without any evidence, or supporting reasons to expect that. The same as with the majority of investors, and others on this forum. Honestly, I expect it between 8-10k based on a personal hunch, and that's pretty much all I have to back that up.

It shouldn't, but you see, history is telling new investors the opposite, even if you would have invested during a "FOMO" period in BTC it is quite likely that you have made at this point a profit, most likely the number of people that bought over 18,600 (price right now) is way below 1%, this, combined with the whole 'hodl" movement it will go probably will get a lot of people in trouble next time, or the time after that.

Again yeah, history may well indicate the opposite, however I'm talking from a principle point of view. Personally, I wouldn't want to invest blindly because of the fear of missing out. Personally, I would have liked to evaluate the market, how its behaved in the past, and that's the reason for my pessimism. I usually, am more inclined to encourage people to expect the worst, rather than encouraging them to think they are going to get rich no matter what. That's simply because I don't want people to be investing because of my viewpoints. Again, talking from a purely principle point of view, you shouldn't be investing in something because someone else said that you should, even if that person has a proven record.  That doesn't mean, you'll earn less if you completely regard what I've said, in fact if you take more risks, you're probably more likely to earn more, but also earn less. It's a slippery slope, and I believe personally that people rely on the opinions of others way too much.

I'm also terrible predicting the weather so there's that. Its come to the point I don't even look anymore, and it is what it is when I get outside. Honestly, very similar approach I have with Bitcoin, I only ever hear of the Bitcoin price through news, rather than checking myself

[acquafredda]

Today I could have had my hands on more than a 100BTC. Like many I have made my mistakes along the way. I remember when I was trading alt(shit)coins back in 2014! Let me forget that

I am not rich bitcoin speaking but looking at the poll it seems like I am already into the minority of those who can boast a full bitcoin.
To me, no matter the price, bitcoin opened my eyes on some aspects I had completely no clue about before: economics, game theory, cryptography. During the years I have been able to work in a company that was looking for bitcoin experts and that made me a living.
For these reasons, whatever the price, I will be grateful to satoshi forever.

[samputin]

~
As 2020 comes to an end, were you able to treat yourselves with 1 full bitcoin?
If you like explain to others how have you reached this threshold: also, if you feel like sharing it, tell us why you were not able to do that.

Kinda envious to those 7 people who voted yes as I submitted my answer. Obviously, mine is NO.
Yep, 2020 is almost done and I'm far from owning 1 btc. Well, I had earned btc's way back 2018 but due to financial difficulties in 2019, I had to use it for my expenses and to support my partner who was taking his licensure examination that time. I can't remember the exact amount of btc I had back then but I'm guessing that if I didn't spend it and combined it with my current earnings, I think I'd be somewhat closer to having 1 btc.

Well, I have no regrets though. Glad btc was able to help me during that time when I needed money the most.

~
So, if you hold one bitcoin hold on to it; if you don't try to do your best to reach one, but securely store and manage what you currently have.

Good luck to you all!

I'll surely try my best to reach one so that the next time I encounter a poll like this here, I'd be one of those who'd vote yes.  

Oh, I like this meme. It is indeed time for plan BTC.

[CyberKuro]

For me personally, reaching that goal was not so difficult because I have been involved with BTC since 2014, and then the price was quite low compared to today. Like many, I started with faucets which then paid very large amounts in terms of satoshi (it was easy to earn over 500 000 satoshi with a few refs a day), then it was the time to join some signatures and twitter campaigns, and I promoted some crypto exchanges that proved to be a good way to get some extra income.

I find it quite sickening sometimes looking back when a few btc was tossed around like it was nothing, and then seeing it reach highs of 15k does put in into perspective that maybe holding is the correct way to do so. The fact that faucets once upon a time rewarded multiple Bitcoin for simple tasks is also crazy to consider. ~

Yeah, I can feel that too. Can't resist the temptation to sell bitcoin at a higher price, but the truth is bitcoin continues to grow even higher, left regret in my heart why I sold it previously at $1000, $2000, $3000, $5000, and so on. The first faucet I ever involved paid BTC0.02, it was nothing at that time, only worth probably $0.18, but look at the rate now, quite valuable. However, BTC1 at the moment feels too far away from the standpoint, not sure when I will be able to accumulate it, maybe in the next year.

[Coin_trader]

I suggest that you should keep your BTC on a storage that you can't easily access so that you will be tempted to spend it in case you saw items that you want to buy

Nice idea but difficult to do I will tell you. To have money somewhere and refuse to use it to solve your challenges, to me is foolishness. This is especially about if it concerns health, money can help you to get better treatment and when you don't make the deposit first, you might not have the treatment. To save in wallet you can't access easily is good but the challenge of health is above money.

Agreed, health issue is bit exception to the rule. Personally, I have health care card cover by my company plus health and life insurance if ever I will caught disease since my family has a history of critical illness. I usually sort out my finances so that I can save later for my future. I don't want to be a burden to anyone and I choose BTC as my future investment that's I why I decided to this way since my health already covered.   

[Fesatmas]

Once a time when BTC was ATH that time I own more than 1 BTC. But unfortunately lost my portfolio, most likely I will own it again if the alts market goes bull run. Because I am holding a few shitcoin.

I made that mistake as well

If I had never invested in any altcoin I would have more or at least the same btc as I have now.

Imo, it is better to go 100% btc in the long run. Or at least 70-80% btc

What matters in the end is how much btc you hold, not how much are your altcoins worth (imo)

As a small trader, it is difficult if you have to buy bitcoin at a large price, you can buy 1/4 btc or more. but with large funds and volume levels will result in being covered by large investors in the market.
therefore many have decided to buy an altcoin as an alternative. Even with taking the risk, the important thing is to be good at managing price movements and knowing when to buy and knowing when to sell.

[kryptqnick]

You may have heard about institutional investors finally embracing bitcoin, billionaires going crazy about owning BTC, public companies owning them as a reserve asset, etc.
The last time a poll like this was made the end result was that in 2018 only 304 forum users voted YES while 300 voted no.

I don't think 2020 is the last chance, and I never had a goal to own 1 BTC. If I did, I probably could do it. But I was actually trying to do the opposite over the years, selling the BTC I have and get for fiat. I wouldn't do it if I could spend Bitcoin directly, but that's not the case. Bitcoin is not an investment for me, it's a kind of money. I do try to save some money, but even though I like and support Bitcoin in my heart, I save money in my bank account. The reason for that is that I'm saving money for a long trip abroad (studying there), and since I'm from a third-world country, I'd have to provide evidence that I have money for the duration of my stay (and BTC doesn't count as evidence in the Embassy). After I reach this goal, my next round of savings will go to buy a flat (I'm currently renting one), and since again I'd need fiat and possibly the origins of it to be transparent, I'll probably have to save money in fiat. Plus I think that one should keep in BTC what one can afford to lose (since it's a kind of investment if you hodl money like that), and Bitcoin is very volatile, so I cannot afford to lose the money I earn and save for specific purposes like this one.

[ChiBitCTy]

It's important that everyone keep in mind that sharing with others how much bitcoin you own or even that you own bitcoin at all is not a good idea.  Andreas Antonopoulos has always said let him be the one to talk about bitcoin and that no one should ever share  how much they own. Just an FYI for everyone.

[dothebeats]

I have been owning bitcoins since 2014, and would be absurd to not, until now, have one full bitcoin on my wallet just as a remembrance or even a long-term investment. While I do some sells here and there for personal reasons, I usually just try to keep one full bitcoin and change just so I'm still in the game. As the institutionalists are encroaching the crypto space little by little, I know that it will get harder by the day to come and get bitcoins since its price will be way too high. This is the start of the craze and global adoption that people are itching to see years ago.

[TedMosby]

not sure if you are trying to motivate us, but by reading this thread I feel like motivated lol.

personally, I knew bitcoin since 2013-2014 if I am not mistaken. in 2016 I joined a ponzi schemed investement that pushed me to use bitcoin. this time, I need to say thank you to ponzi schemed business lol.

I've never reach 1 bitcoin since the beginning. 0.8 BTC is the higest amount of bitcoin that I've ever had. today I still don't have 1 btc yet. but I am sure I will have 1 btc soon.

I will start doing what bitmover has been said on this thread

-snip-
I believe the best for those moments is to keep the mind calm, buy the same value every month (in USD) and get as much as you can. You don't need to thrown yourself in ATH price because it is "your last chance".

FOMO is bad for investments.

[oktana]

I understand that bitcoin seems to be going for a new ATH, and I'm positive about it.
However, it isn't really our last chance of owning 1 BTC.
I'd rather say that the days are numbered.

Honestly, I don't have 1 bitcoin, but I think it's still possible (Before and even after the new ATH)

[SaShiRaJaVu]

At present i am not holding 1BTC but i was planning to invest and i was sailing for the past one year in hopes of investing big and to take care of my other personal commitments but the problem is that the pandemic has messed up my plans as my company is yet to credit my last 8 months salary which is much higher than the current bitcoin price and i have no idea when i will be getting my pending salary and that is my pathetic situation.

[Stedsm]

Uncle Ben hehe.  
Okay, let's talk about the topic. I've voted no, and tbh I haven't achieved it yet as I've only earned BTC and just spent them whenever I got them. I mean, it's not like I'm a fan of fiat currencies but the fact is that, many of us treat BTC as a salary and so, we are bound to sell it in order to let our lives be smooth. I'm in BTC and with BTC, so owning 1 BTC or not doesn't really matter to me and I believe I'll have BTC with me till my last breath.

[Karartma1]

not sure if you are trying to motivate us, but by reading this thread I feel like motivated lol.

-snip-
I believe the best for those moments is to keep the mind calm, buy the same value every month (in USD) and get as much as you can. You don't need to thrown yourself in ATH price because it is "your last chance".

FOMO is bad for investments.

It could be that I am trying to motivate you all because I am motivating myself in the first place too. I understand those who are concerned by me saying this could be your last chance: maybe it's only a way to remind us all that if we got to know bitcoin we should make the most out of it. 

[HabBear]

I bought my first Bitcoin (whole bitcoin) in 2014 - a 2013 issue Casascius coin. It's silver with gold lettering. It's beautiful. I was curious about bitcoin and fascinated by how Mike Caldwell had this bold idea to embed bitcoin onto brass tokens so they could be exchanged or collected like fiat coins. His idea sparked an industry of collectible bitcoin hard currency. But the most prized ar 20me his original Casascius coins. The trading market for them used to be heated...auctions taking place weekly on this forum to buy a new issue, old issue, error coin, or collection. If you've not heard of these things, you should check it out...you'll still find them trading around the forum.

Casascius Physical Bitcoin

Only 20,000 Casascius Coins Left Unspent

My greatest regret...

Not buying bitcoin the first time I came aware of it in December 2012. It was about $10 per coin. And it was hard to buy. Mt Gox was the most popular wallet and to buy it you had to wire money. It seemed too risky. And of course Mt Gox blew up (in a bad way)...i probably would have lost my coin anyway. I wish I had found this forum in 2013, i'm sure it would have helped me buy bitcoin and would have got me started in a different way.

Hindsight is a mother fucker, yeah?

[lovesmayfamilis]

It's important that everyone keep in mind that sharing with others how much bitcoin you own or even that you own bitcoin at all is not a good idea.  Andreas Antonopoulos has always said let him be the one to talk about bitcoin and that no one should ever share  how much they own. Just an FYI for everyone.

I like your answer and I agree. Silence is gold. I respect Antonopoulos for his sound approach to Bitcoin. Nevertheless, speaking about myself, I heard about Bitcoin for a very long time but was busy with something completely different. If you say how it could have happened, then yes, I would have one bitcoin. But now I do not set such goals. I love technology, but I don't elevate Bitcoin to an idol. I spend bitcoin when I need it, and I store it when I have no desire to buy something.

[Lucius]

It's getting harder and harder if you have to start from half or 1/4 of a BTC
That would mean in terms of $ for a lot of people more than 10 monthly wages, so unless you're from first world country and have a well-paid job this will be out of reach, after all, it's impossible that more than 21 mil people can get their hand on one, right?  

I agree that with this and even higher price, this mission is becoming more and more difficult, but the one who wants something strong enough will find a way to do it, no matter how long it took them to reach that goal. Salary is just one of the ways we can invest in BTC, and what every person has is time, and that time can be invested in a way to start a business that will generate income in crypto. When I say business, I don't mean literally opening a company (but why not), but something like an affiliate where a smart strategy can make a nice passive income.

True, there will never be 21 million people who will be able to say "I own 1 BTC", that number will be much smaller given that we know that some people have tens and hundreds of thousands of BTC in their possession. Having at least one is already a great success

[NavI_027]

Currently owning 1 bitcoin? Unfortunately no, and I am not confident that I already have the capability of generating such huge amount in at least a year or even shorter period of time. Especially this year; pandemic, calamities, inflation etc. Are happening at the same time. It's like a domino effect so I'm sure that huge portion of people here got their savings almost depleted . It serve as a strong hindrance for us.

Ayway, if we will talk about the total btc I earned since the very first day then I might day that I already earned even more than 1. However, I wasn't able to utilized most of it because of some reasons (e.g. emergency expenses). Yeah it s*cks but I have no choice either. But well, I know I can do better next time.

[mariah.sadio]

Rich people will have enough time to own 1 btc but for sure it will become harder in the future