Owning One BTC In 2035 Will Make You A Millionaire

[chicken65]

If you're a relative newcomer or you have blown your stash thinking you have years to faff around and accumulate my advice is do whatever you can to accumulate 1 Bitcoin before it reaches 100k. Once that's reached and its on it's way to 200k it's going to become very difficult to accumulate for regular folks. If you can jumpstart your entry by borrowing 10k, 20k or 30k from the banksters do it - Have no fear! Buy $20 chunks as often as you can, pay no heed to the price. Ditch your daily $5 Coffee - that's $150 of Bitcoin per month, stop the pizza delivery, buy $15 of BTC instead. A few small changes in lifestyle and you will be surprised how much you're accumulating. During the journey you may want to punt a portion of your BTC on an Alt you believe will rise greatly - be careful though and do not panic if your alt crashes because 99% of the time they will recover to the price you bought in at.

The prime directive is to increase the amount of BTC you own, nothing else matters

[Josefjix]

It is relatively easy to make millions from bitcoin than even any altcoin, it is not very simple lately  acquire some sats to 1 bitcoin unlike the previous years where the price was very cheap and you could even perform simple tasks to earn them. It is even advisable for everyone to own bitcoin even if it is not up to 1 let it be some quantitative fractions of it.

[Wenbing]

If you're a relative newcomer or you have blown your stash thinking you have years to faff around and accumulate my advice is do whatever you can to accumulate 1 Bitcoin before it reaches 100k. Once that's reached and its on it's way to 200k it's going to become very difficult to accumulate for regular folks. If you can jumpstart your entry by borrowing 10k, 20k or 30k from the banksters do it - Have no fear! Buy $20 chunks as often as you can, pay no heed to the price. Ditch your daily $5 Coffee - that's $150 of Bitcoin per month, stop the pizza delivery, buy $15 of BTC instead. A few small changes in lifestyle and you will be surprised how much you're accumulating. During the journey you may want to punt a portion of your BTC on an Alt you believe will rise greatly - be careful though and do not panic if your alt crashes because 99% of the time they will recover to the price you bought in at.

The prime directive is to increase the amount of BTC you own, nothing else matters

Wow, that is absolutely a great financial advise. I did a course lately on personal finance,  was told that i need to save to invest in order to be able to meet my short and long term goals. That is also in line with The book The richest man in babylon.

Connecting these two sources to your thread, what one needs to cultivate a habit of investment is discipline. It takes discipline to save and invest, but it take indiscipline to squander the money. Thanks

[bosede1]

There is true judging from how Bitcoin is standing the test of time now. Bitcoin is actually an investment you can thrive to do if you have opportunities and access to cash.

[DeathAngel]

I think 2035 is a relatively conservative estimate for 1BTC to equal $1,000,000. Who knows how much further the $ will have dropped in purchasing power by then with the endless printing. Regardless, I don’t think it’s a good idea to sell all your BTC for increasingly worthless fiat.

[Casdinyard]

No guarantee, still. How sure are we that the market price will be continuously growing? Or that Bitcoin will be the only digital currency to be still supported by the majority? at his is a long interval and there are many things that could happen ; a crypto may arise which will both earn the support of the governments and users in this industry and this long interval is enough to fill the gap on its further development. Also, what if the price become stable at a certain market value due to further regulation by the governments, perhaps $55k is its ceiling? We just don't know what Could happen, and we may only guess, so I think this is hard to be something someone who wants to invest at this moment, to hope for.

[maybukaspa]

Well, the price of bitcoin is incredibly volatile, so short-term losses or long-term gains are expected even in usual conditions, and predicting the future is quite a challenge. But again, your wise financial advice can help. Bitcoin has been performing well. People that already own bitcoin are going to make money off it. A lot of people are really optimistic that this will grow in value in the coming years. We can expect to see an explosive year for bitcoin.

Personally, I think bitcoin is and will soon be the most desirable asset in the world.
You're supposed to buy when it drops, hold, and don't sell. Everyone should start doing something now if they want to be successful.

[Coin-Keeper]

I really wish this would come true.  I'ld be a multi-millionaire!

[hubballi2]

After reading your message it really sparked me the idea of how much i can save daily by just following your idea. from today i will start to do the practice of saving and hope that i will start to earn good sooner.

Thanks mate

[hatshepsut93]

If you're a relative newcomer or you have blown your stash thinking you have years to faff around and accumulate my advice is do whatever you can to accumulate 1 Bitcoin before it reaches 100k.

Having a goal of owning 1 Bitcoin is just a psychological fallacy due to it being a natural number. There's no difference between owning 1, 0.9386, 0.346, 2.4756 BTC - your profits will scale lineally and that's it.

If you can jumpstart your entry by borrowing 10k, 20k or 30k from the banksters do it - Have no fear!

Yeah, this is horrible advice, never invest what you can't afford to lose.

During the journey you may want to punt a portion of your BTC on an Alt you believe will rise greatly - be careful though and do not panic if your alt crashes because 99% of the time they will recover to the price you bought in at.

And this is one of the worst advises you can give to people in crypto. Altcoins have no future, they all go to zero in the long run, even now if you look at their BTC prices, most of them are far below where they were years ago. You're literally losing bitcoins if you are buying altcoins.

[Darker45]

I agree. We are still at a very early phase of Bitcoin adoption. Only a very small percentage of the world's population is into Bitcoin. Moreover, only a handful of companies have already bought Bitcoin. Even if only a quarter of the world's population and leading international companies get into Bitcoin, the price would certainly reach a 6-digit figure.

However, I strongly discourage that you borrow money or take a loan for the sake of buying Bitcoin. That's not advisable. You might be trapped in the process of payment. Bitcoin's price could fall very hard and will only recover after a few years. That is enough for you to fail paying for that loan and might be forced to sell them at a loss only to be able to pay. That's too risky, suicidal even.

It's enough that instead of spending on random useless stuff, you better keep them and buy Sats.

Finally, be careful with playing alts for the sake of increasing your Bitcoin. Again, it might actually trap you.

[Vod]

OP, I guess you are one of those who believe we will keep improving our technology, but will never reach self aware AI?   

I seriously doubt bitcoin will exist past the singularity.  And the singularity will be here before 2035.  :/

[freedomno1]

Owning One BTC In 2035 Will Make You Free From SJWS
Cause you will have FU money to ignore their sensitivities and cancel culture Honeybadger don't give a damn!

[Lorence.xD]

I really wish this would come true.  I'ld be a multi-millionaire!

You can be a multi-millionaire if you were able to hodl your bitcoin for 15 years, and that takes a lot of patience and a stable job to pull off because there will be events that are going to happen to you along the way and those events might make you consider cashing out your bitcoin.

[DapanasFruit]

I am going to take your tips here seriously. Indeed, it is time that we save as much money as we can to buy some Bitcoin. This is the only way we the people can participate with this greatest transfer of wealth for many generations to come. We should never allow just the big corporations to be making the moves and have them take the "control" of this market. Ditching small things can go a long, long way towards the goal of owning at least 1 Bitcoin. We could make BTC our retirement option.

[pooya87]

Once that's reached and its on it's way to 200k it's going to become very difficult to accumulate for regular folks.

Difficulty of buying bitcoin is not affected by its price, the amount you can buy with the same amount of money changes but it will be as difficult or as easy to buy bitcoin as before even at $200k!

If you can jumpstart your entry by borrowing 10k, 20k or 30k from the banksters do it

That is a terrible advice. You should never invest what you can't afford to lose specially if you are a newcomer to bitcoin world and not yet familiar with how things work with bitcoin itself (such as how to use wallets, security, cold storage,...) or with the market (specifically the unpredictable short term high volatility).

Buy $20 chunks as often as you can, pay no heed to the price. Ditch your daily $5 Coffee - that's $150 of Bitcoin per month, stop the pizza delivery, buy $15 of BTC instead.

This is the only good advice in your whole post.

During the journey you may want to punt a portion of your BTC on an Alt you believe will rise greatly

This is another terrible advice, more so for beginners.

be careful though and do not panic if your alt crashes because 99% of the time they will recover to the price you bought in at.

This is not the truth. In most case altcoins that get dumped will never recover to their previous prices ever, specially if the pump preceding the dump wasn't the first pump and if it was a big one.

[btc78]

It is relatively easy to make millions from bitcoin than even any altcoin, it is not very simple lately  acquire some sats to 1 bitcoin unlike the previous years where the price was very cheap and you could even perform simple tasks to earn them. It is even advisable for everyone to own bitcoin even if it is not up to 1 let it be some quantitative fractions of it.

Wrong , If you know how to play investing in Altcoin i believe that it is much easier than Bitcoin because Look , Bitcoin from the very beginning took 3 or more years (actually that is every halving) before another Hype comes but in Altcoin s? there are chances that the Pump happens each time with several coins as they are fast moving and not the Bitcoin , though safety speaking ? then that is bitcoin in which very best.

[franky1]

bitcoin 2021: $45k = 18k loaves of bread
if bitcoin was $1m today 400k loaves of bread

if dollar inflates at 3% a year for next 14 years.. bitcoin (at $1m) will only get you 261k loaves
yep a $1m coin in 2035 is only worth $651k in todays value

14 years inflation of 5% = 195k loaves
14 years inflation of 10%=91k loaves

so factor in the dollar inflation. and work out what you will actually get to buy with a $1m bitcoin

[20kevin20]

I think it'll happen way faster than that, especially now that BTC's usage and utility grows at a pace never seen before. It'll be harder for it to lose value since from now on, for a timespan of probably at least one year we will only hear about more & more investors pouring their massive sums into it.

Who knows how much further the $ will have dropped in purchasing power by then with the endless printing.

By 2035 I strongly believe we will either have the worldwide debts reset or a new economical system. 2020 was a horrific year for USA's debts; they have to do something about it. Right now, it's simply impossible for them to continue this way and/or to pay off the massive owed sum of USD - and Bitcoin will certainly profit off that!

[Lucius]

Owning 1 BTC even today in some countries can make you a millionaire, of course in local currency. People are incredibly burdened with being millionaires in the US dollar, so even though it may mean something today - as some other members have already written, what will happen to the dollar in 15 years? It is certain that then its purchasing power will be much lower than today, and in that period BTC will either succeed globally or become completely irrelevant.

I also agree with everyone who says it is very bad advice to borrow money from banks to invest in BTC, people did it in late 2017 and many got into serious trouble when the price of BTC started to fall, and they had to pay off the loan. It is not unreasonable to bet on BTC, but one should understand all the risks that such an investment brings with it.