One Bitcoin

[UserU]

1 BTC is indeed an impressive feat. Many will celebrate after accumulating 0.1 which I almost did myself but decided to realize some profits.

Congrats, and continue hodling!

[yazher]

You're not alone in this journey bro, we have many users like you and they have their own way to save bitcoins and hold them until it reaches their preferred price. Your story is common but the difference is you shared your first step with us and you are pretty confident with that. I hope you will be successful with that 1 BTC and may you persevere and have patience when a bearish market takes place this year. Don't worry about the people who rush to sell their bitcoins in panic, they only give some opportunities to the real investors.

[Similificator]

Congratulations for achieving one thing from your bucket list. If you have the capability, then you certainly should chase after what you want no amount of money in this world can compete with the price of satisfaction and fulfilment. I admire your courage and am wishing for more achievements that you long for.

- a ledger is good. Just make sure that the source or the shop you're buying it from is reputable and safe.

[Darker45]

That's great to hear. With only 21 million Bitcoin all in all, you having 1 full Bitcoin means you are one of the few.

And I also agree with you regarding investing. Of course, I am not saying Bitcoin is not a great currency to spend, but since we are all sharing the same goal of trying to have as much Bitcoin as possible, it is best to accumulate it in smaller amounts rather than attempt to trade and play with it for short term profit. The latter has so much risks.

[6000SUX]

Thank you all for the kind words and encouragement. If I could, I’d respond to each and every one of you. I will say, to all of those who hope to acquire one Bitcoin, to just start. Whether it’s $50, $500, or $5000.. Just start your journey. As you start to see your progress (i.e. .10 BTC, .37 BTC, .67 BTC, etc.) your motivation truly kicks in.

Sell some junk you have laying around on eBay. Put $20 per paycheck into Bitcoin. Move $1000 from your savings into Bitcoin. Get started, and enjoy the ride.

It’s funny.. Despite no longer putting too much time and effort into altcoins, I feel they play an important role of sorts, and I’m thankful for their existence. In a sense, I see them as somewhat positive network effects to Bitcoin. At the very least, a curious investor will open up an account on Gemini or Coinbase and even if they avoid Bitcoin due to the price, they have the option for exposure. When they open their app, they’ll see “BTC”, and perhaps after 10, 100, or 1000 times, they’ll decide that there’s something special about Bitcoin, and decide to do some more research.

This somewhat describes my journey. I had the sense that something was there, but kept trying to convince myself that a certain altcoin or two were better investments. I couldn’t fathom allocating so much money to one asset. However, knowledge is power, and after reading Satoshi’s white paper, and testimony from experts, I “got it”.

As I learn more, I’d love to become more involved in Bitcoin, the community, and it’s future. Despite having only very basic technological skill, I’m determined to contribute in one way or another. Thank you.

[Fesatmas]

Don't worry and don't hesitate. That what you hold now is something that will continue to be valuable from year to year. 1 Bitcoin will make your life feel more meaningful to continue to know how much benefit you will get beyond what you had in mind. I congratulate and thank you for entrusting your finances in Bitcoin in the long term. Buy then forget trading forget daily and monthly increases. Ignore the temporary decline because it will not eliminate 1 Bitcoin in your wallet.

[Slow death]

Now that I have one Bitcoin, I need to cherish it. My next move will be transferring it from an exchange to a cold wallet (Ledger, perhaps?)

Looking forward to furthering my Bitcoin journey with you all on these forums.

Best.

Do you have any point that this bitcoin and money of yours? And you're saying in a forum where people are anonymous that you have more than 30,000 $ , you want the people to steal from you? do you trust this kind of sensitive information for people unknown to an internet forum? be careful with things you make up of the internet, remember that you can steal

[Ultegra134]

Now that I have one Bitcoin, I need to cherish it. My next move will be transferring it from an exchange to a cold wallet (Ledger, perhaps?)

Looking forward to furthering my Bitcoin journey with you all on these forums.

Best.

Do you have any point that this bitcoin and money of yours? And you're saying in a forum where people are anonymous that you have more than 30,000 $ , you want the people to steal from you? do you trust this kind of sensitive information for people unknown to an internet forum? be careful with things you make up of the internet, remember that you can steal

Chill out, there are plenty of people here who potentially have quite a few Bitcoins and it's not that hard to make a few guesses on who these people might be. Nothing is going to happen, it's not like OP posted any sensitive information that could potentially lead to having his money stolen.

P.S I didn't congratulate you on my previous post, it's certainly an massive achievement for the average person. I'm also hoping that one day, I'll be able to accumulate a whole Bitcoin, most I ever had was approximately 0.60 BTC.

[goldkingcoiner]

Hello all,

After years of dabbling in crypto, through the highs and lows, the profits and losses, the mistakes and the lessons learned, I finally feel a sense of satisfaction. Like many, I heard stories of overnight riches, and felt the need to get involved. Dog-themed coins and the odd euphoric state of owning 1,000,000,000,000 of something.. ANYTHING.. it all just lacked sense and clarity. It was gambling, pure and simple.

Toward the end of 2021, I sold it all. I had some successes and some failures, yet no direction and zero certainty. I needed to start from scratch, educate myself, read books, listen to experts.. and I did. I soon realized that I should have been investing in Bitcoin all along. Key word: investing. Forget trading, forget short term profits and losses. Rather, accumulating this finite asset in smaller amounts for the benefit of my future. I felt the urgent need to acquire one full Bitcoin, and I did. For the first time in my crypto journey, I feel that sense of certainty that I had been lacking.

Did I stretch my budget to achieve this? Yes. Will I be OK personally if it goes to 0? Yes. This is a risk I am willing to take, and the more I learn, the more confident I am in my investment.

Now that I have one Bitcoin, I need to cherish it. My next move will be transferring it from an exchange to a cold wallet (Ledger, perhaps?)

Looking forward to furthering my Bitcoin journey with you all on these forums.

Best.

Well, I can honestly say that there is no need to feel bad or embarrased about your dogecoin exploits. We have all made mistakes and some of us have had to pay a hefty price for the valuable lesson that you have learned today.

Bitcoin, in the end, provides us the best lessons. Let this be your steady path towards riches, from now on!

If you ever need advice, feel free to post away on the forum as much as you want! Posting does help you get rid of bad thoughts and strengthens your hodling game.

[vv181]

~
It’s funny.. Despite no longer putting too much time and effort into altcoins, I feel they play an important role of sorts, and I’m thankful for their existence. In a sense, I see them as somewhat positive network effects to Bitcoin. At the very least, a curious investor will open up an account on Gemini or Coinbase and even if they avoid Bitcoin due to the price, they have the option for exposure. When they open their app, they’ll see “BTC”, and perhaps after 10, 100, or 1000 times, they’ll decide that there’s something special about Bitcoin, and decide to do some more research.

This somewhat describes my journey. I had the sense that something was there, but kept trying to convince myself that a certain altcoin or two were better investments. I couldn’t fathom allocating so much money to one asset. However, knowledge is power, and after reading Satoshi’s white paper, and testimony from experts, I “got it”.
~

I also think that even though mainstream or some people are barely new into the cryptocurrencies scene by some tokens or other cryptocurrency than Bitcoin, at the very least they got exposure into Bitcoin. The problem is they might seeing a new opportunity on altcoins while they neglecting of what Bitcoin can do without digging deep into what actually it is. It is soothing to hear about your journey, what I could remark is some quotes: "Insanity Is Doing the Same Thing Over and Over Again and Expecting Different Results". And yet you are here going on into the journey

[m2017]

My next move will be transferring it from an exchange to a cold wallet (Ledger, perhaps?)

The 1st thing that comes to mind for newcomers is Ledger, which proves that the marketing department of this company works perfectly. But the range of wallets on the market is much wider. There are plenty to choose from - [BIG LIST] Hardware wallets (80+).

If you are leaning towards Ledger, then check out the discussion in this thread  Why I wouldn't buy Ledger Nano S ever again? Especially, this post .

With the closest competitor Trezor, not everything is so good either: Trezor hacked (again) and Trezor AOPP Integration.

My next move will be transferring it from an exchange to a cold wallet (Ledger, perhaps?)

Of course, you have a lot to think about when choosing a storage location, but I think you're on the right way. Mt.Gox and dozens of other exchangeres serve as a perfect reminder of this.

P.S. You have succeeded in something that very many people on the planet will not be able to, given that there are not enough bitcoins for everyone because of their number of 21.000.000 only. This is if you do not take into account the lost and those that will be lost forever.

[bitbollo]

I am a strong supporter of Glacier Protocol (accessible here https://glacierprotocol.org/ )
If you follow all suggestions made by this protocol you can have one of the strongest cold wallet literally "state of the art".
It's not easy to follow all steps, and you need to be very detailed, but this is an essential guidance for the safest wallet.
I have also some hardware but I am an huge fan of that way of storing bitcoin, I feel much more "this is my private key" than other way.

[Stalker22]

Thank you all for the kind words and encouragement.

Having 1 BTC is certainly an impressive milestone, so congratulations on your achievement. Now, on to 2 BTC!  

It would be great if I could get my hands on one whole bitcoin in the near future. Unfortunately, I am still lacking "a few satoshis" to achieve that goal. However, as you pointed out, it is crucial that we start the journey and stay persistent in the pursuit of that goal. As the bitcoin community grows, I believe the percentage of the population that is able to access bitcoin and use it as an everyday currency is going to continue to increase and the value of bitcoin will continue to rise. In other words, I think it is still possible to accumulate significant amounts before prices skyrocket.

[BlackHatCoiner]

Acquiring 1 BTC sounds extreme. Congrats, keep learning.

As I learn more, I’d love to become more involved in Bitcoin, the community, and it’s future. Despite having only very basic technological skill, I’m determined to contribute in one way or another. Thank you.

Fate favored you. You're in the best place now. You can talk with other people who have “got it” too, who're constantly contributing by constructively dialoguing. If you ever have questions or you want to ensure you've understood things properly, you may create new threads and start digging it even more.

Welcome to bitcointalk!

[South Park]

1 BTC is indeed an impressive feat. Many will celebrate after accumulating 0.1 which I almost did myself but decided to realize some profits.

Congrats, and continue hodling!

As time has passed and the price of bitcoin has increased the goals that people had regarding how much bitcoin they wanted to hold have changed dramatically, at some point people were aiming for 21 bitcoins, then this was reduced to 10, now it has been reduced to one and most likely during the next bull run we will see people will be happy by just holding a fraction of a bitcoin, so it should be obvious that we need to get as much bitcoin as soon as we can, because whatever bitcoin we fail to buy now is probably bitcoin that we will never be able to get at that price again.

[TelolettOm]

Key word: investing. Forget trading, forget short term profits and losses. Rather, accumulating this finite asset in smaller amounts for the benefit of my future. I felt the urgent need to acquire one full Bitcoin, and I did. For the first time in my crypto journey, I feel that sense of certainty that I had been lacking.

I like how you utter this. This is full of certainty and I also believe that you have considered much about this, without any doubt. This kind of certainty is reasonable enough, you exactly understand why you feel so certain of this current decision on Bitcoin, the long-term investment. Many people are not failed in holding Bitcoin, getting high profits after holding for many years. I do really appreciate this.

Did I stretch my budget to achieve this? Yes. Will I be OK personally if it goes to 0? Yes. This is a risk I am willing to take, and the more I learn, the more confident I am in my investment.

This may be one of the risks that we should take when we have decided on this long-term investment. As long as we are aware of taking this decision, as long as we are ready with the risk and also with all probabilities in the future, it is okay. Plus, I think itis better to take this decision than taking shit altcoins which  are proising much money of profits but value zero.

[coolcoinz]

I have a friend who bought some computer hardware for his bitcoins in 2015 and he still can't forget about it. He even did the math and he paid something like 5k USD for a hard drive. At least that what he'd have if he kept holding instead of buying all that stuff.

Keep holding OP, after all the things we buy are usually toys that we feel like we really need but we don't. It's better to have financial freedom and the ability to buy whatever you want in 10 years than a bunch of cheap stuff now.

I wouldn't worry about going to 0. It's only a saying that people use to describe an extreme loss of value. There's 0 chance of us going to $100, not to mention $1. 0 is completely out of the question because even total scam coins keep trading for few cents long after the scheme collapses.

[Coin-1]

Now that I have one Bitcoin, I need to cherish it.

As far as I understand, you were aimed at gaining 1 BTC from trading, and finally you have achieved this goal. Congratulations!

By the way, you do not need to cherish Bitcoin. This is just part of your finances.

My next move will be transferring it from an exchange to a cold wallet (Ledger, perhaps?)

Yes, Ledger is a safe and secure hardware wallet that supports Bitcoin and other cryptocurrencies. Perhaps your next step can be quite difficult. As people say: "Not your keys, not your coins".

Sell some junk you have laying around on eBay. Put $20 per paycheck into Bitcoin. Move $1000 from your savings into Bitcoin. Get started, and enjoy the ride.

Since the price of Bitcoin is volatile, some unexperienced newcomers can be disappointed by this "ride". So what about gain yet another 1 BTC? You look as a skilled trader, so I advice you to continue to trade, using your successful strategy.

[nullama]

Congrats on your one hundred million sats!

[pushups44]

Congratulations! Yes, owning one bitcoin is a huge milestone, because technically only 21 million people maximum could own one bitcoin, and in practice, given accumulation by whales and lost coins, this number is significantly less.

One way I have thought of this is that supposedly there are over 30 million millionaires in the entire world, which means it is impossible for every millionaire to own one bitcoin. So owning one bitcoin will put investors into an elite class as the industry continues to grow!