A friendly reminder

[BlackHatCoiner]

For the holders that read this thread on 2030, how does it feel to consider yourself rich by having only 1 bitcoin?

For those that read it on 2020, I have to say nothing but this. Buy. This world-changing project is only 10 years old. Who knows what will happen in the future. So that was it, just a friendly reminder that it's not too late. It's actually too early.

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[Oshosondy]

Bitcoin is just the new way a coin is created to be both an asset and a currency, it has the advantage over fiat and commodities like gold. People are now saying the days off gold is numbered as a safe haven all because of bitcoin, this could be true. Very possible people will prefer to make use of bitcoin and it becoming the greatest of all assets which is also used as a currency. I too think now is not too late, a time is coming bitcoin price will increase in a way some people would have wished to have invested in 2020.

[verita1]

Due to global confinement the price of Bitcoin fell to $ 3,800. It was a very hard experience for us. However we have seen its recovery by more than 400%. That has been a good sign that we can trust Bitcoin so much that large firms are buying bitcoin and holding it. I wish that there is investment to grow our crypto space and we achieve massive adoption or at least continue to dominate the market with more points upwards.

[Ayiranorea]

For all people who think that we've missed the train, can think better about the growth and invest little by little. Every level of people can afford, but a complete bitcoin buying isn't possible for everyone. So, making use of the chance is good. As mentioned in the opening post, we aren't too late. We're part of the market that is too young with around ten years of history till date.

[jahepahit]

Buying can never be enough, so it's good to buy but buying rightly is the best. This will i help to reduce the risking of buying at the top, waiting for long time to break even if there is massive dip and also to be able to good project no matter how long you wait.

[GreatArkansas]

Honestly, no one can predict the future of Bitcoin. It is extremely difficult to know.
That's why I am carefully managing my funds, I am long term believer on Bitcoin but there are things I consider that I will not totally put all my savings or money with Bitcoin. I may dumb for what I am doing but it's my decision and I respect it.

[iamaruf]

Actually, I always try to tell people that if you buy bitcoin buy now. Some people always ask that is the right time or late. If you can hold it for the long term then buying bitcoin isn't late. Bitcoin is the bitcoin. Traders can't even imagine what the price will be in 2030. But Jut wondering that there are to halving in the way of 2030. So People should buy bitcoin now

[error08]

There is an experiment called Marshmallow studies from Stanford University in 1972 led by psychologist Walter Mischel, a professor at Stanford University to analyze human social behavior.
The purpose of this study was to understand when the control of delayed gratification, the ability to wait to obtain something that one wants, develops in children. was done with delayed rewards in areas such as time perspective and the delay of rewards, resistance to temptation, and psychological disturbances. The results seemed to indicate that not thinking about a reward enhances the ability to delay gratification, rather than focusing attention on the future reward. read more

We can apply the same experiment to obtain a better result, not to just endure your holding for 10 years, we can trade in order to get more coins, but the goal is to accumulate BTC1 in 2030. Ten years is a long time if we count it every second, but time will pass, many investors waiting more than 10 years to become a millionaire, bitcoin could be a way to achieve the same result if we can resist the temptation for 10 years.

[pixie85]

I agree with OP that those who buy today will profit in future.

I don't think Bitcoin will die and if it doesn't die it will go through bull cycles and bubbles just like it often did in the last 10 years. This means that if you buy at 18000 or 17000, it doesn't really matter that much because Bitcoin will go 3x from here in the next years. We just don't know when.

Maybe you'll have to wait 5 years to profit, but you will profit.

[Kez1817]

It's difficult to predict the future of bitcoin because it is volatile with higher risk. But if you have a positive mind and risky person with enough funds to buy and hold for long terms, then I think that will be better , buy more and hold. But if you don't have enough capital, I advice to please be careful in investing and you should know how to manage your funds carefully.

[TedMosby]

let me say hi too, to people who read this in 2030.
a friendly reminder to my self in 2030. On the day you wrote this post, the bitcoin price was $18,084.50 (-1.31%).
you still not sure, whether to buy more or wait for another dip.


@LoyceV you have a time-machine right? how's life in 2030? should I buy more bitcoin before 2030?

[Jawhead999]

bitcoin is indeed very good for long-term investment, but not everyone is strong enough to hold their assets until 2030. most of them can only last for about two months, I am a short-term player myself, I don't like to hold too long, when it is profitable I immediately sell, that is  the way I trade.

Agree, there's nothing wrong if you're short or long term holding. If you have set a target on which price you will sell your coins, then go for it. Because that's still a profit! we can't know when Bitcoin will reach the peaks.

IMO 10 years is too long, probably 2-5 years would be better since many people would use the funds to create a business in real life or use the profit to invest in gold. Don't put all your eggs in one basket

[Lorence.xD]

bitcoin is indeed very good for long-term investment, but not everyone is strong enough to hold their assets until 2030. most of them can only last for about two months, I am a short-term player myself, I don't like to hold too long, when it is profitable I immediately sell, that is  the way I trade.

That really depends from person to person, there is opportunity to sell and opportunity to buy so we can't really blame the short-term hodlers. I do not find hodling bitcoin for more than 10 years because there are in-betweens that they could have profited more than what they will sell by the end of the decade.

[jademaxsuy]

However, it is still who knows you will be rich is part of HYIP. If I were to buy bitcoin then not this time where we can clearly see that bitcoin can go ATH at the same time can pop out the bubble and that bitcoin will going to crash after whales dumping their coins and then buy again. I am not against OP's calling to buy for more bitcoin indeed it will be  good to buy bitcoin but not now instead just wait for a little bit for bitcoin to slowly crash and that would be the best time to buy bitcoin/s.

[samputin]

Honestly, no one can predict the future of Bitcoin. It is extremely difficult to know.
That's why I am carefully managing my funds, I am long term believer on Bitcoin but there are things I consider that I will not totally put all my savings or money with Bitcoin. I may dumb for what I am doing but it's my decision and I respect it.

Totally respect you view, mate. Actually, same goes with me. We can all agree that bitcoin's future, like it's price, is kinda hard to predict. Our predictions could be right or it could also be wrong. So I think we should be very careful with every decision that we make that involves our money or our finances.

I get that OP is just reminding us to buy because it's never too late for that. However, some of us also wants to remain steady first and waiting for the right time to buy, and earning what we can while waiting. We all have free will after all.

[Darker45]

For the holders that read this thread on 2030, how does it feel to consider yourself rich by having only 1 bitcoin?

This question should have been asked like 5 years or so ago. One whole Bitcoin today is already very expensive. Average individual newcomers in the market today will not easily obtain that. Only the rich can. So I guess this is not exactly the kind of question that one would raise one decade from now. By that time, only wealthier people can afford 1 Bitcoin.

[Innerpumper]

It is not too late to invest in bitcoin because some people have not put their full trust in bitcoin. While that hasn't happened yet, then bitcoin will continue to grow so that it hits its highest price, it will make bitcoin holders in 2020 rich, and can enjoy it.

[CryptopreneurBrainboss]

Bitcoin is already becoming too costly to afford just one in under developing countries. In my country to afford one bitcoin, you should be having around 9-10million Naira, this figure isn't statics as the fiat market is constantly losing value against the USD due to inflation and under productive ongoing in the country leading the economy to recession. The funds to afford bitcoin is not an easy money for the average nigerian and if they where to shuffle between saving and living off their salary, it'll take more than 5-10years to own one Bitcoin.

Forget the stats that appears on google when you search this information online, 99% of them are false as many nigerian are leaving hand to mouth daily. We're among the top when the industry is mentioned as a result of many of us investing their life savings into the industry and trade aggressively to get some extras funds for our day to day needs.

Your message is understood clearly, one good thing about the industry is you don't have to buy one full bitcoin at ones but can buy in fraction and even though you own just 0.1BTC with patience you'll be wealthy too someday provided the demand for bitcoin continue increasing with time.

[michellee]

After all, we should accumulate more bitcoin without thinking about the future because if we are still alive until 2030, we will see how much bitcoin price will be at that year. It can motivate many people in the crypto world to earn more bitcoin as much as possible before the bitcoin price increases. It doesn't matter if they need to wait for a long time to see bitcoin price will jump to the highest price because, in the future, we will make a big profit. So that will depend on you, whether you want to keep trying to earn more bitcoin or you don't want to try now because the future is in our hands, and only we can change our future, not other people.

[AicecreaME]

Buying and holding Bitcoins and other cryptocurrencies will never guarantee you having so much profits on it unless you're going to monitor the market every time when you think it is the right time to buy and sell. Simply holding it and investing your money on it not monitoring the market because it's not yet 2030 is so stupid to do.

This is also a friendly reminder, letting your funds sleep in your wallet will going to make you cry when the bull run happens. Holding and Day Trading is a good combo, but you have to control yourself, set a profit quota for a day, stop and repeat, that's how you take the advantage of holding crypto.