SmokerFace
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December 12, 2020, 06:16:19 AM |
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I really don't have anything to contribute here. I just want to be on the front page of this historical thread. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) lol ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) 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.
It's true no one knows what will happen in the future but Bitcoin has gained huge popularity in last 10 years and the price peaked is above 10,000X Who knows what will be the peak in 2030 when big companies are trading bitcoin.
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Shallow
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December 12, 2020, 06:56:21 AM |
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2030 might be a very long time for a lot of people at the same it might not be for a number of people too, at least there people who have been holding for a very long time now and still eager to hold even more. Also, I think this act of long term holding comes with mindset, people have different mindsets about Bitcoin and only few really understand that Bitcoin has come to say and for it to survive till now speaks volume of its future potential. Furthermore, I think people really need to understand more about Bitcoin so that they can make the best decision towards what they want, that is, is it trading and holding or just strictly holding; nevertheless, the idea is holding Bitcoin because the future looks interesting already.
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DabsPoorVersion
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December 12, 2020, 07:20:23 AM |
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2030 is still a long way to go,
Buying bitcoin will never be too late even now for everyone, when the expected time which is 2030, I wonder what would be the current price of bitcoin and how many people will regret their decision for not buying and holding bitcoin.
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Bitstar_coin
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December 12, 2020, 07:30:37 AM |
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Since nobody can outrightly predict the future and we cannot say for sure what price btc will be trading on, maybe less or way less, maybe high or way higher, it will be best to invest a small amount let's say $100 (an example) and leave it till 2024, and see what your $100 will become in four years time, just an experiment ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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mich
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December 12, 2020, 07:44:56 AM |
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This here is really great and a shows how much confident you have in Bitcoin and the price of 1 coin. Just think of it this way if we would have bought in 210 1 bitcoin, how much we would have made. So i compare it to your thoughts process. In 2030 you dont want to be in a group of the rest of the world to think 'i should have bought bitcoin in 2020'.
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adzino
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December 12, 2020, 07:51:53 AM |
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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.
-snip-
Why do people assume that in order to make any investment in bitcoin, they will have to own a one whole bitcoin. And since the price has increased from before they can no longer afford it. No it's not like this. You don't have to own one bitcoin to start your investment. You can always own fractions of a coin. Invest $1 or $100, you can will still be able to buy some coins that can give you profit. You can buy 1 satoshi for less than few cents and say that you own bitcoin. Still want to own whole coins instead of fractions? Then go invest in altcoins.
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masterrex
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December 12, 2020, 08:14:52 AM |
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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. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F4IBgvg3.jpg&t=665&c=5a-Z1Esc0aYkag) It seems that you are certain about your "friendly reminder," By the way 2030 is almost 10 years away, so we dont know yet what will happen in the crypto space, or in our world in that year? and if quantum computing devices will be created I'm sure it will pose a serious problem to bItcoin and all other cryptocurrencies as well because it might easily break the security of Bitcoin and all other cryptocurrencies, so IMO, it's better to consider things before we make any decision so that we can act normally But still Bitcoin is a good candidate for Hodling.
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btc_angela
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December 12, 2020, 08:16:11 AM |
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I kindly agree, we really knows what the future will hold, but it's better to be prepared as early as today and try to get and accumulate as least 1 BTC in our wallet. This is a good financial advise specially for those who have started into bitcoin late, 2018-2019 as the chance of the price really going to the moon in the next 10 years because of it's demand and scarcity are very high.
I just wish that I had this mindset, not just in bitcoin or crypto, but the rest of things in my life. I should have save or store and not just wasted or throw my money on random and useless things. But it's not late though, I still have many years in me and that is my plan, to get 1 BTC and more in the next years not for my future but for my family and kids.
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AniviaBtc
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December 12, 2020, 08:23:33 AM |
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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.
Bitcoin is truly a possible safe haven than other assets as the world is having development in technologies. We can't really predict the future of bitcoin but right now, we are seeing some good and rapid adoption when this pandemic occurs. But I consider bitcoin as a short-term investment because you need to manipulate it in the market. Unlike gold that you just need to leave it until its price goes up depending on how long you store it. Bitcoin can have a much higher price and give you profits depending on the bullish season and 2030 is really a long time to wait.
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Question123
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December 12, 2020, 08:40:53 AM |
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So do you mean that after 10 years from now the value of the bitcoin is $1million dollars and I do not think it will happen in the year 2030. Maybe on that year for the people who have a lot of bitcoin become rich not for the person who held 1 bitcoin.
Also bitcoin possible on the year 2030 is maybe hundred thousands per bitcoin and I think 10 to 20 bitcoin is enough for you to become rich .
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Iron Fist
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December 12, 2020, 09:33:10 AM |
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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. There are 3650 days in ten years (+ 2 or 3 days depending on how many leap years). So if my math is right, you just have to collect 0.27mBTC per day to achieve that goal. Well that doesn't sound so difficult. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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btc78
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December 12, 2020, 09:47:29 AM |
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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. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F4IBgvg3.jpg&t=665&c=5a-Z1Esc0aYkag) I don't think that there are truly Holder in our time now,Having a 5 digit coins is really tempting ,The longest Holding i believe we have is from the end of Bullrun in effect of halving as People tend selling their coins that day. Then Rebuy again when the Market dumped,maybe some folks will counter this but admit it or not? HODLERS now can be counted using our fingers because market becomes a Trading Port and not a total investing like what it does in the past. Are you serious? what kind of account will do such reporting in a discussion thread lol.
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charlesmichel1
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December 12, 2020, 10:01:16 AM |
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Couldn't agree more.It's better late than never. Maybe 2020 is our last chance to buy Bitcoin the dip.
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Distinctin
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December 12, 2020, 11:04:18 AM |
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I agree with your opinion because Bitcoin's growth rate is too fast, so the longer anyone can hold Bitcoin. I think its value will be huge, but not everyone will keep it for the year 2030.
By the year 2030, the price of bitcoin might be very high by then as we see bitcoin continues to increase its price every year. I must agree that this year is still early to start investing in bitcoin so grab the chance now before the price becomes very high and that only rich people by then can afford to buy. This is just a friendly reminder to everyone so we are free to decide whether to invest in bitcoin today or wait for the price to slow down or rise up.
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bitterguy28
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December 12, 2020, 11:14:31 AM |
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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. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F4IBgvg3.jpg&t=665&c=5a-Z1Esc0aYkag) I will hold until i don't need the funds i invested though i will sell half every time that bullrun comes to extend my investments. There's no wrong in Holding but at least lets consider making it more than what we are started. Opportunity comes like this one so why not grab it first before holding again. I want to be practical Holder and not the traditional. Couldn't agree more.It's better late than never. Maybe 2020 is our last chance to buy Bitcoin the dip.
With Hopes and Prayers lets see what happens.
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Crptomagma
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December 12, 2020, 12:49:11 PM |
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Very friendly advice indeed because as a bitcoin enthusiasts I’m optimistic about the technology. Those having one or than one bitcoin in the year 2030 will be at great advantage because they will be seen as the great investors. Bitcoin gives the advantage especially in areas of long term investment.
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The Cryptovator
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December 12, 2020, 01:12:20 PM |
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10 years isn't too short, we don't know what will happen then. But I am pretty sure, if Bitcoin exists until 2030, then really we will be rich in holding at least one Bitcoin. But the problem is, we only see what is in front of us. Even we can assume what would happen after ten years, we don't want to invest now. If you think about it after 10 years then it's true that you aren't yet late to enter on Bitcoin. If you wondering to buy on dip then it wouldn't happen, because we don't know where the is a dip. Same like I become confused during USDT/BTC trading. I thought it will dump more, but eventually, I regret it.
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LoyceV
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December 12, 2020, 01:48:01 PM |
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@LoyceV you have a time-machine right? how's life in 2030? should I buy more bitcoin before 2030? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I told you that already in 2032. Don't you remember?
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Gotumoot
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December 12, 2020, 03:04:56 PM |
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Who knows how much Bitcoin would be after 10 Years again. It has gain insane amount for it's first 10 years so lets see how much more it could get in the future, I also hope to buy more and hold it for a certain time. I also plan on creating different wallets for my investment and for my savings.
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sapnu
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December 12, 2020, 05:16:04 PM |
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10 years isn't too short, we don't know what will happen then. But I am pretty sure, if Bitcoin exists until 2030, then really we will be rich in holding at least one Bitcoin. But the problem is, we only see what is in front of us. Even we can assume what would happen after ten years, we don't want to invest now. If you think about it after 10 years then it's true that you aren't yet late to enter on Bitcoin. If you wondering to buy on dip then it wouldn't happen, because we don't know where the is a dip. Same like I become confused during USDT/BTC trading. I thought it will dump more, but eventually, I regret it.
There are actually lots of people become rich in just a short period of time and that is not because they are investing a lot of money, or they have a lot to begin with but they are really gaining important information on what they want to do to earn with cryptocurrency. We already know that there's a lot of ways to earn cryptocurrency such as investing, trading, mining and etc. If you bought some bitcoins since then, I think it will make you rich if you hold it for a long time until reaches the highest peak of value in particular time of the year. When the price is down, its better to hold.
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