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

[cheezcarls]

As of this time, BTC price stands around $57,000+. 0.1 BTC would be around $5,700, which is way far behind from buying and owning a mansion. For me, the price would depend on how much the seller set it on the marketplace and the country that it was located. If it’s from the Philippines, I would say it’s gonna be worth more than 20 BTC for a discounted mansion.

[Leviathan.007]

It depends on your country, your goal, and your investment type. At the current price, the amount of 0.1 BTC can be more than 5000 dollars and you should consider how much this amount of money is worth in your country also it depends on your goals because if you are aiming to earn millions of dollars profit over your 0.1 that's surely impossible. However, IF you check the bitcoin price in long term and aim for the long term you can earn unexpecting profits over this amount of bitcoins.

[Luzin]

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

If you look at the current economic conditions and the price of BTC 0.1 it is quite a lot but when used to meet the needs of life it seems like it is only enough for less than 1 year. But if 0.1 is for trading it is more than enough. If you look at the law of supply and the price of bitcoin should increase, although I know there are some times it will saturate and fall.
The longer the rarer, the smaller the miner's reward, the harder it is to earn BTC, the cost of mining.  Those are some of the factors that I believe that 0.1 BTC will at some point have fantastic value unless all countries provide regulation banning and killing BTC.

[mitchr4]

With that amount not enough to own a mansion not even enough for the stuff inside. It depends on your country because the economic level of each country is different. If in my country 1 - 5 BTC can have it from low to luxury mansion type.

[kaya11]

If 1 bitcoin is $54000 now, 0.1 bitcoin will be $5400. Can $5400 buy or build a mansion in your region, that answer is left to you. But to me in my country, 0.1 bitcoin can only buy a piece of land, it can not be used to build a mansion to completion, but 1 bitcoin can build a small beautiful house in my area. I do not know of the future, as bitcoin price is increasing, this can later likely be possible.

In my case it isn't enough, but a decent home it is possible. If OP still holds in another 10 years maybe the situation would be different. IF it gets lucky to hit a 1 million dollar per BTC then it could really build a mansion. It is still a good start owning such sum of money, it's better than nothing, really.

[marilynmanson21]

The mistake of many people is to over-calculate and speculate with calculations without speculating with the actual action of buying it
Don't take the time too far in last year alone, if you count bitcoin it's been very profitable. maybe there are still many who are complacent waiting for the right time but then regret it later

you are right, if we are grateful for the profits we get, without thinking about the price the day after tomorrow and next year,  life does not need to be greedy because God's sustenance has arranged

[macson]

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?

why not, Bitcoin is being sought every day and that makes the price continue to rise because of the high demand.  bitcoin is not like ethereum or other altcoins whose supply can be reproduced or burned, bitcoin supply is 21 million forever.  so that if you have money at this time immediately buy bitcoin and then hold it long term.

[Coin_trader]

With that amount not enough to own a mansion not even enough for the stuff inside. It depends on your country because the economic level of each country is different. If in my country 1 - 5 BTC can have it from low to luxury mansion type.

You are missing the point. He is making a prediction in the future if 0.1BTC is enough to own a mansion in the future. He didn't directly stated it but that is the whole point of this thread. I think his calculations will be right if the interest and adaption of Bitcoin in the future will rise that makes more people invest fresh money in crypto. Because if crypto become stagnant, Many investor will lose interest to enter because people investing on crypto nowadays are here just to have a quick bucks. I really believe that 0.1BTC will gonna be valuable in the future.

[ChiBitCTy]

If you’re counting on bitcoin to “make it” might be an issues period. As long as this isn’t your main investment portfolio, then I guess I would say .1 should be a good amount in comparison to its US dollar equivalent. Not sure how much it’ll end up being though of course.

[josephdd1]

I think that everybody who has a possibility and wants to become financially independent, should invest in Bitcoin. I believe that it will cost much more than now. Also it is limited. Everything that has a limit will rise in price. I think that bitcoin will be more and more adopted by different companies and countries, so it is necessary to own Bitcoin.

[AicecreaME]

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?

Foremost, what does "make it" means to you? It's much better to expound and elaborate it in a much detailed manner so that we can answer straight forward.

But if you mean "make it" in a manner to survive daily basis, I think it could get you to start up something that could be your bread and butter in the long run. Because if you will just rely on a 0.1BTC alone, it won't suffice. Definitely it won't be enough to sustain your necessities. Most especially if you mouths to feed. You see, money can be easily spent, but it takes time to make and save it. So, I suggest, aside from just holding your BTC, make other streams of income. If you have spare money, it's better to invest in other investment vehicles that have a good reputation, feedback, and trusted ones. Owning that amount nowadays is good, but it's better to have more so that in case of emergency, you have something to get into without touching your portfolio so much. Otherwise, you'll end up losing and spending the things that aren't really meant to be allocated to such events.

[BigBos]

even for now, the price of 0.1 bitcoin in my country already has a good home. although not like a mansion, but it's quite worth it.
Talking about bitcoin has become finite, and considering its increasingly needed functionality, I firmly believe that if it did, 0.1 bitcoins could be worth 1 mansion, even with some expensive vehicles. however, the price will continue to increase. although this is still speculation, it's just that with the number of bitcoins that are still quite far from this 21 million, and not everyone uses bitcoin, the price of bitcoin is even very expensive at this time.

[Vannie12]

Maybe you can afford a mansion with that kind of amount but "make it" doesn't mean you will only need a shelter. Other necessities such as food and clothing are needed and for that reason, any amount alloted to just a mansion will not be enough.
You don't need that kind of a house, make it simple, and invest as much as possible in order to bear fruit. We will be needing that for some other things that might come unexpectedly.

[bitzizzix]

In the country where I live having 0.1 bitcoins is not something I can be proud of, because just enough to buy a used car and not enough to buy a new car not even to buy a luxury house would be enough.
but it all depends on the country you live in if you think it works and can make something fancy why not, and i think reinvesting is better and waiting for bitcoin price to reach higher price so you can have various luxuries for your life.

[Alert31]

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?

In our country at the current value 0.1BTC (@$58k) it is not enough to own a mansion. For that value, you can just buy a second hand car or a rowhouse. But try to hold your 0.1Bitcoin for long term and for sure it will be more valuable because the value of bitcoin will keep on increasing as mass adoption also increasing.

[thecodebear]

I'd say 0.1 BTC is a good amount to have as a safety net. No you're not going to by a mansion (in a rich country) or retire off 0.1 bitcoin, but fast forward a few years and that would be enough money to where you wouldn't have to worry about any sudden financial problems. 0.1 BTC will be worth hundreds of thousands of dollars in 10 - 20 years. So that much could serve as like ultimate financial insurance in case s**t hits the fan in your life in the future. Considering you can buy that right now for about $5700 that's pretty darn good.

1 BTC I think will be enough eventually to be considered rich (multi-millionaire), even accounting for inflation. But 0.1 doesn't quite get you to that level. 0.5 BTC will eventually mean you're pretty well off.

[The Sceptical Chymist]

1BTC a couple of years ago, was pretty valueless, but 12 or so years later it's worth enough to take someone some places up the social ladder.

Eh, that would seriously depend on what country you live in.  1BTC in the US wouldn't level you up on any kind of ladder unless that ladder measures how nice of a car you drive, and even then at bitcoin's ATH that amount wouldn't exactly buy a Bentley or a Rolls.

As to the question OP is asking, I agree that "make it" is a term that's up for all sorts of interpretation.  Could it buy you a mansion at some point in the future?  Maybe, but again that depends on where you live and of course how much bitcoin's valuation goes up by.  I've learned never to underestimate how high it can go, as there were a few times that I thought it could never get to $10k, $25k, $50k...and it hit all of those prices.

Whether 0.1BTC is going to make you wealthy also depends on its continued popularity with investors.  It's true that there's not enough bitcoin such that everyone in the world can own 0.1, but so far it's been the case that most people don't own any at all.  If that changes, we could see bitcoin rocketing to the moon, but I think that's still a long way off, if it ever happens.

[Upgrade00]

Eh, that would seriously depend on what country you live in.  1BTC in the US wouldn't level you up on any kind of ladder unless that ladder measures how nice of a car you drive, and even then at bitcoin's ATH that amount wouldn't exactly buy a Bentley or a Rolls.

Sure, how much effect it has would depend on the living cost in the area you are from. But regardless of this,1BTC is a significant amount wherever you live. It might not level one up, though that term is relative, but as I said it could take someone some places up the social ladder, not meaning they would become wealthy, but it could be a platform which if managed well can be very beneficial.

Wealth or rather money management is the only factor that can truly change ones financial status, imo.

[isaac_clarke22]

~

Well here in our country doing a quick search in Mansion Global, the lowest price I can find is a million dollars. I can't say that there would be a mansion that would cost a half of that. It ain't just gonna cut it.
I also believe that land value appreciates over time, so that is another thing also worth considering.
Source:Mansion Global

[BIT-BENDER]

If 1 bitcoin is $54000 now, 0.1 bitcoin will be $5400. Can $5400 buy or build a mansion in your region, that answer is left to you. But to me in my country, 0.1 bitcoin can only buy a piece of land, it can not be used to build a mansion to completion, but 1 bitcoin can build a small beautiful house in my area. I do not know of the future, as bitcoin price is increasing, this can later likely be possible.

It may not be able to also buy a mansion from where I am from, but making doesn't start with buying a mansion right away, $5400 well managed and invested rightly can make a person stable from my rejoin. Most time it's trying to live above our reach that makes money like this seem useless, also I don't see how this money would ever be shared freely to everyone, so I don't build mansion in the skies.