Do you guys think 0.1BTC is enough to "make it"?

[Zanab247]

I guess it Will not be enough to make a good income from 0.1BTC in this season. Now that the price of bitcoin is still struggling to hit $60 in the market, it will be difficult to have full assurance that you will make 80% from your investment if you invest with low amount of money.
Since many countries are still struggling to improve their economy that was collapsed during pandemic which is causing many investors to make a good profit in the community. Bitcoin and other altcoins are still struggling to increase higher for their investors to have hope that they will achieve something good before the end of the year.

[Desmong]

0.1 Bitcoin not a small money when it comes to investing. Although it depend on the actual point or perspective we are looking at it from. To me, 0.1btc is not enough to make it but can be a good fund to invest in other projects that would yield reasonable profits. If you give this amount of bitcoin to an investor, you will be surprised what it will yield out.

[michellee]

Considering the supply vs global population = 0.003BTC per person to go around.

Then other factors like not all 21 million will be in circulation due to lost wallets/deceased hodlers who never informed anyone where their seed is, and also an increasing global population and future generations who all want in.

Do you think 0.1BTC will be like owning a mansion?

Maybe having 0.1 BTC can buy a mansion, especially if the bitcoin price can hit the very highest price that we are hard to imagine. With 0.003 BTC, I think you can buy many things for your daily life so before the price really increases, you better keep collecting more and more bitcoin amounts. When the time comes for bitcoin price to reach that highest price, you will see what product you can buy with your money and you will have a chance to become a rich person in your city.

[Joshapat]

Considering the supply vs global population = 0.003BTC per person to go around.

Then other factors like not all 21 million will be in circulation due to lost wallets/deceased hodlers who never informed anyone where their seed is, and also an increasing global population and future generations who all want in.

Do you think 0.1BTC will be like owning a mansion?

With the current price then 0.1 btc is equivalent to $ 5750, and there are not many things we can buy with $ 5750, if one day the price can reach $ 100 million then with $ 10 million we can buy luxury homes in many places we like, the most important thing is that we focus to buy and hold and rest assured that with bitcoin we can make our dreams come true.

[bitterguy28]

If we are talking in our days now? in the next couple of years? this is not enough to buy mansion , but if we are asking for the next 20-30 years ?
then the possibilities are there , if bitcoin reached 10 million each then that amount will be a Million dollar right?
well In my country that is more than enough to buy a Mansion inside the city proper.

But if this is in Beverly Hills then won't be enough lol.

[dupee419]

A value of BTC0.1 is more than enough to actually make it, although it is definitely not enough to get yourself your own house, but having that value of BTC is more than enough to make it grow and invest in several projects, Bitcoin is definitely for a long-term investment, if we simply hold our 0.1BTC in the next 5 years then I'm pretty sure it may be enough to buy a mansion depending on BTC's value by that timestamp.

[kanayaTabitha]

A value of BTC0.1 is more than enough to actually make it, although it is definitely not enough to get yourself your own house, but having that value of BTC is more than enough to make it grow and invest in several projects, Bitcoin is definitely for a long-term investment, if we simply hold our 0.1BTC in the next 5 years then I'm pretty sure it may be enough to buy a mansion depending on BTC's value by that timestamp.

I think it's doesnt make sense owning a mansion with just 0.1 btc in 5 years.
If we calculate, 0.1 is worth less than 10k USD and the price of the cheap mansion is around 1mil. So in 5 years, with that big amount of marketcap, bitcoin won't make 100x times price growth because they would make the whole crypto marketcap surpass the amount of money available in this world i think.
So, i don't think we could make it with that only 0.1 btc

[DeathAngel]

In all honesty, it’s not enough to ‘make it’, certainly not for at least another decade or two. Bitcoin is still one of the very best savings tools though so DCA’ing will put you in a good position at retirement age or something. If you are a noob investing now, it will take you a while to get rich.

[NeuroticFish]

We don't know what the future holds. It's interesting that while people do tell that Bitcoin has the potential to reach $1M, they just say plain no for higher values.
On an exponential rise 10M is not that far from 1M.

So maybe indeed 0.1BTC won't be enough to "make it" in the near future, it should get there at some point.


It all depends on how young OP is and what's his life expectancy...   but the answer is... yes, why not?

[Shasha80]

A value of BTC0.1 is more than enough to actually make it, although it is definitely not enough to get yourself your own house, but having that value of BTC is more than enough to make it grow and invest in several projects, Bitcoin is definitely for a long-term investment, if we simply hold our 0.1BTC in the next 5 years then I'm pretty sure it may be enough to buy a mansion depending on BTC's value by that timestamp.

I think it's doesnt make sense owning a mansion with just 0.1 btc in 5 years.
If we calculate, 0.1 is worth less than 10k USD and the price of the cheap mansion is around 1mil. So in 5 years, with that big amount of marketcap, bitcoin won't make 100x times price growth because they would make the whole crypto marketcap surpass the amount of money available in this world i think.
So, i don't think we could make it with that only 0.1 btc

I agree it is impossible to buy a mansion with just 0.1 BTC in 5 years, even though the price of Bitcoin will skyrocket in 5 years, the amount of 0.1 BTC is
too low to be able to buy the mansion. If our target is only to buy a small house, it is still possible to achieve it. Indeed every country has a different
mansion price, and in my country it will not be enough to buy a mansion for only 0.1 BTC. So if I want to buy a mansion, I will work hard to collect
at least 10 BTC in 5 years. And it's not easy with the income I have now, but as long as we work hard and never give up, there will always be a way
to reach our goals. So start collecting as much Bitcoin as possible starting from now, before the price of Bitcoin gets more expensive.

[Congyang]

in any case it would be difficult to look at 0.1 bitcoin to say success.
very difficult and will even tend to not be able to.
On the other hand, why say success with a house? why not use something else, for example, make a business or trade here.
I think this will be more promising if it is used for other things because it is for the house. it would just be an impossibility

[sulendra12]

Considering the supply vs global population = 0.003BTC per person to go around.
Do you think 0.1BTC will be like owning a mansion?

If Bitcoin worth $1m for every bitcoin then yea it does make sense, but considering it's just $58.220/BTC so it worth like $5.8k/BTC where in here it's not even enough to buy mansion, it's so expensive lol. Pretty sure  0.003BTC is too low even we are counting if every person holding a dust of Bitcoin when we are not counting lost wallet or even mistransaction.

[Dripstoil]

0.1 BTC is a very big money, big enough for anyone to make it but I don't really get what you mean by "make it" though. Do you mean to become successful in Bitcoin investing?

1BTC = $57,000
0.1BTC = 57,000 ÷ 2
= $28,500.

That's a good Investment capital to start with. If Bitcoin ever get to 100k, you'll be having almost 100% return on your Investment.

[Ararbermas]

 Here in my country it's a big money, but not enough to build a mansion, maybe an apartment something like that for 0.1btc wherein equivalent of around 250k i guess in peso ..but you know it's not impossible if you're dreaming a mansion in such amount of bitcoin..because infact bitcoin is the most promising and optimistic crypto in the market.. So just keep holding it. perhaps after 10 or 20  years it will become more so expensive..

[TheUltraElite]

0.1 BTC is a very big money, big enough for anyone to make it but I don't really get what you mean by "make it" though. Do you mean to become successful in Bitcoin investing?

1BTC = $57,000
0.1BTC = 57,000 ÷ 2
= $28,500.

Is your math that bad fellow member? 0.1 BTC is 1/10th of 1BTC and that is $5700, what you did was the value of 0.5BTC when you divided 1BTC by 2.
I am sure it may have been a hurried mistake from your side. But I expect better from the members of this forum especially when they need to trade quickly in such numbers.

In all honesty, it’s not enough to ‘make it’, certainly not for at least another decade or two. Bitcoin is still one of the very best savings tools though so DCA’ing will put you in a good position at retirement age or something. If you are a noob investing now, it will take you a while to get rich.

I agree with your point. Bitcoin is still very young and it has a price that is way cheap than that it can possibly be in the next 120 years when the supply of new bitcoins stop. Keeping in mind that majority of the members would not live to see that day, it is wise to collect more BTC with every dump and move away from altcoins as much as possible. If someone wants that long term gain, they need more and more BTC bought at lower prices, buying altcoins will not have long term value. Hence 0.1BTC is just a starting step, they should focus on their next target of 1BTC.

[bounceback]

Do you think 0.1BTC will be like owning a mansion?

If the price of bitcoin continues to increase every year, with the number of bitcoin fractions you currently hold it will certainly take a very long time and if you look at the history of bitcoin price movements in the past, it may take another century to be able to buy a luxury house with the number of bitcoin fractions that you currently have.

[raidarksword]

Any hold of bitcoin you have right now is a gem, just have to be patient and hold it for a long haul and it will all be worth it. Bitcoin came along with great feat for many years now and crypto enthusiasts it will hit to infinity and it will be a greatest treasure you can possibly have in the future to come.

[matjas]

Dont think that 0,1 BTC is not much compared to other people here on the forum. In fact only 8,3 % of BTC wallets hold more than 0,1 BTC so you can view yourself as an elite among BTC adopters.
You can see how BTC is spread throughout wallets on this table:

[rozak]

Do you think 0.1BTC will be like owning a mansion?

If the price of bitcoin continues to increase every year, with the number of bitcoin fractions you currently hold it will certainly take a very long time and if you look at the history of bitcoin price movements in the past, it may take another century to be able to buy a luxury house with the number of bitcoin fractions that you currently have.

if you look at the past of course it will be a benchmark that is too long. because the achievement of traded bitcoins is different from today. adoption and commerce are increasing rapidly, and of course, no one will know how bitcoin will be 10-15 years in the future when bitcoin is being used as an alternative to legitimate transaction tools.
no need to be discouraged by the assets we have. which includes a large number. but if I were, would put some of it on the trade. and it can grow the bitcoins we have. maybe from 0.1 could be 1BTC.

[FatFork]

1BTC = $57,000
0.1BTC = 57,000 ÷ 2 10
= $28,500 $5,700.

You've got a math problem there, buddy. I fixed it for you.

That's a good Investment capital to start with. If Bitcoin ever get to 100k, you'll be having almost 100% return on your Investment.

You got that part right, and that applies to any amount of investment.