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

[Karartma1]

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.

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.

Give your honest point of view and please bear in mind I will not tolerate any bullying here: don't judge what others have done wrong, as the real point of this thread is to let everyone aware that this can be a turning point in our lives and owning 1 bitcoin could be a game-changer soon.

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!


The poll will close in 60 days.

[cryptoaddictchie]

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.

Before 2020 ends. I think I could attained worth 1 btc almost but I'm still accumulating from trading and my some perks on signature. Can't say I can't make it but I have attained it if I didn't spend any and converted into fiat. But that's okay I think still be able to catch before it ends.

Right now I'm holdinh different alts but also waiting for the right time to convert into btc I believe this has still dip and can still grab chance to get some.

Having 1 btc for hold is a good investment in the long run and I think it can worth more than its ATH since last bull run.

[Coin_trader]

I'm glad I still have BTC loaded on my casascius and other collectible coin. I believe if this BTC is on my wallet, I already spend it on gambling and things that I really don't need. LOL

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 during sale especially during 11.11, 12.12 and more.

GG guys! You can do it.

[Lucius]

I know there are exceptions, but I believe that those who have been on this forum for a long time have not missed various opportunities to accumulate at least 1 BTC. For those who want it, but have not succeeded in that mission so far, I think that there is still enough time to reach that goal.

Although the price of BTC is currently close to its ATH, no one should be discouraged from continuing to invest as much as they can set aside each month. I know that there were a few examples on this forum that realized that plan because they were persistent and it paid off in the end.

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.

[Welsh]

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. I don't think there's been any currency which has been able to achieve this within a life time, usually value goes up steadily. Signature campaigns back in 2013/2014 although not such a talked about subject back then, also reward highs of 0.25/0.50. So, as long as those users from back then held onto their coins, they'll certainly be in a very healthy position right now. Although, I think most would have sold at a earlier point, planning to reinvest once the rally stops, and I imagine a few users have been burned this way.

[ZZ8ZZ]

I highly doubt it that it's the last change to own 1 BTC. It's still a wild west over here in the crypto world and I'm pretty sure the price of BTC will fall again. Will it fall around the 10k mark or go around the 5k - 6k mark? No one knows, but it will surely do it.

[palle11]

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.

[bitmover]

As 2020 comes to an end, were you able to treat yourselves with 1 full bitcoin?


The poll will close in 60 days.

Although I agree that everyone should try to get at least 1 btc as an investment, and by using this forum we all can, we should also recommend cautious now because we are very close to ATH.

I have some friends who bought in december 2017 at ATH. They had a lot of FOMO, and this is not good for investments.

I think that whoever do not have 1 BTC now but want to have it in the future should have patience. You do not need to get it now in the next 30 days. Nobody knows if BTC will be 30k or 5k in the next 30 days.

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.

[Welsh]

Although I agree that everyone should try to get at least 1 btc as an investment, and by using this forum we all can, we should also recommend cautious now because we are very close to ATH.

I have some friends who bought in december 2017 at ATH. They had a lot of FOMO, and this is not good for investments.

I think that whoever do not have 1 BTC now but want to have it in the future should have patience. You do not need to get it now in the next 30 days. Nobody knows if BTC will be 30k or 5k in the next 30 days.

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 in fact can hurt adoption, simply because people feel disheartened if they've bought at a all time high expecting to make money off of it fairly soon after the fact. Usually, this results in them taking a loss, because they can't keep that investment tied up for the amount of time required to make a profit, which isn't even guaranteed. Are your friends still holding on theirs? It might be the best time to recoup what they invested, and they might want to consider seeing if Bitcoin will go down again. I expect a market adjustment like many around here, but I don't think its going to fall to 6k again. I'll probably go for around the 8k mark.

"FOMO" should never be a reason to invest in anything. That pretty much means you are looking for a get rich scheme without looking into the investment at all. Those involved in Bitcoin know the volatile nature of it.

[bitmover]

Are your friends still holding on theirs? It might be the best time to recoup what they invested, and they might want to consider seeing if Bitcoin will go down again.

Here in Brazil we are in ATH since August (USD/BRL is helping BTC here  )



I don't know if all of them are holding until now, but some of them sold a little at some profit. I understand them, as they were in red for almost 3 years.

I expect a market adjustment like many around here, but I don't think its going to fall to 6k again. I'll probably go for around the 8k mark.

I do as well. I hope it doesn't go that deep, but it is possible... anything can happen here.


I have another friend who buys every month, and I recommended him not to buy this month when he asked my opinion. I don't know if that was a good advice, but I think the odds are higher that bitcoin price will get lower than it is today in short term.

[molsewid]

I have bitcoin, but it's not 1 bitcoin yet, and still accumulating more, hoping to have 1 bitcoin by the end of the year.

Because of the pandemic that causes lockdown for how many months, I need to convert my bitcoin to have money for food and emergency purposes. And lately addicted to online shopping because of the big sales of popular online stores in our country. But right now, I'm back on track earning more bitcoin.

[Welsh]

I don't know if all of them are holding until now, but some of them sold a little at some profit. I understand them, as they were in red for almost 3 years.





I have another friend who buys every month, and I recommended him not to buy this month when he asked my opinion. I don't know if that was a good advice, but I think the odds are higher that bitcoin price will get lower than it is today in short term.

I completely understand the mentality behind those that do invest at these all time highs, and little surges Bitcoin has had. That's without being in the red as you put it. I do think your advise was sound, although ultimately its their decision. It's usually a good time to give it some time after a surge to see if its worth waiting a little while before investing as normal. I do think regular investments of what you can afford are a good idea though, but I do have a bias as I'm a supporter of Bitcoin not only because of the potential to earn a lot of money, but the technology behind it. So, ultimately I have a scewed view of Bitcoin being successful in the long run, and I know we all have different criteria for success, Bitcoin is undoubtly successful in was it was created to do, but I definitely have visions of its potential being reached.

[chip1994]

Actually, I also tried very hard this year to get myself 1 BTC. The fact that I was a bounty hunter and the Covid-19 plague ruined everything. The potential projects that I market to help them all fail or fail to raise the desired funding. So it seems that this year I have not been able to increase my assets, even though I am in debt. Owning 1 Bitcoin is really difficult with bounty hunter right now, only speculation brings wealth easily but I have no money

[Fundamentals Of]

I won't be saying how much I own in Bitcoin or whether it is 1 BTC or not. But I can say that everyone of us are trying to be as rich in BTC as possible. That's always the goal. The future of Bitcoin is already unfolding right in front of our very eyes. When the old dirty players will come into the Bitcoin market, the price will doubtless rise. These people are the ones who own the world's wealth. They are now slowly pouring them into Bitcoin. This the ultimate sign. We are running out of time. Forget the 1 BTC, try to have more.

[Anonylz]

End of year! I may or I may not depending on some personal factors, quite alright i have been accumulating in both btc and some valuable alts but life is full of uncertainties, things that will compell you to want to sell some part, anyways, just few weeks to year end and am excited to know how the market will react in terms of price, will there be a run for alts as well like we have witness with btc this past couple of days!

[Lordhermes]

This the ultimate sign. We are running out of time. Forget the 1 BTC, try to have more.

As long as you have 1 bitcoin and above, the wealth starts from there immediately, and that's the point op is trying to talk about, the profit equally ROI moves faster when holding 1 btc for a very long time, not bad having more than enough though.
I only came to this forum earlier this year and unfortunately haven't accumulated up to that amount of btc, as this will be my next dream before the 3rd bull run happens, meanwhile I have missed out the 1st and 2nd bull run, but I strongly believed bitcoin will be dumped to $10,000 in coming time.

[The Cryptovator]

No, I don't own 1 Bitcoin currently, although there is more than 1 BTC on my wallet, but it's escrow funds for the campaign. 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.

Seems many millionaire investing in bitcoin and bitcoin price growing rapidly. If price continues its trends then true it will be complicated to own a BTC after 2020. Sadly I don't think I can gather 1 BTC end of this year unless the alts market shows a bull run.

[Gotumoot]

No not yet I still don't own 1 whole Bitcoin up to this day.
But I will keep on pursuing it I won't stop till I finally manage to save 1BTC.
I was almost close to having it but I needed to use the money for my own health.

[Lucius]

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.

From today's perspective it certainly looks rather strange - but only 4-5 years ago it was possible to earn 1 BTC only with the help of faucets - and if we go even further into the past you could get as much as 5 BTC for one solved captcha. Gavin Andresen faucet is an obvious example of what happened in just 10 years.

So, as long as those users from back then held onto their coins, they'll certainly be in a very healthy position right now. Although, I think most would have sold at a earlier point, planning to reinvest once the rally stops, and I imagine a few users have been burned this way.

I still have a good chunk of the coins which I earned in that period, mostly from 2015 when the BTC price was close to the $200 level and stable for quite some time. I think that anyone who holds BTC for a longer period (5+ years) can expect similar results - because we are just entering the phase when the big players will enter the game.

[stompix]

For those who want it, but have not succeeded in that mission so far, I think that there is still enough time to reach that goal.

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?  

It might be the best time to recoup what they invested, and they might want to consider seeing if Bitcoin will go down again. I expect a market adjustment like many around here, but I don't think its going to fall to 6k again. I'll probably go for around the 8k mark.

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.  

"FOMO" should never be a reason to invest in anything. That pretty much means you are looking for a get rich scheme without looking into the investment at all.

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.