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Author Topic: Half Bitcoin 🤗  (Read 496 times)
GoodLuckHK (OP)
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February 01, 2022, 01:30:28 PM
Merited by maydna (1), The Cryptovator (1), virtualdn (1)
 #1

Over the years in cryptocurrency, through ups and downs, gains and losses, mistakes and learning, I finally feel a sense of satisfaction. Good news for me when the market is bad. ‌‌ I too have heard stories of growing up overnight and felt the need to get involved. Dog coins and 100,000 $ ++++++ ... I heard the strange joy of owning something. Anything but all this was just a lack of knowledge and clarity. It was as easy as gambling. Like growing up overnight?
I heard a lot about Kipto last year. After hearing that, I sold my tokens. Towards the end of 2021, I had some successes and some failures, yet there is no direction and zero certainty. I was disappointed. Turns out, I have to start from scratch, educate myself, read books, listen to experts and I did. I didn’t skip investing.
I ate a lot of los at one time. But did not give up the investment. Forget trading, forget short-term gains and losses. I traded a lot and got caught, but for the sake of my future, I wanted to accumulate a small amount of this finite resource. I felt the urgent need to acquire a full bitcoin and I halved it. For the first time in my crypto journey, I felt a sense of certainty that I was lacking. So far I have been able to achieve half of it. This achievement of mine is a lot to me. Have I expanded my investment to achieve this? Yes. Would I personally be okay if it went to 0? Yes. This is a risk I am willing to take, and the more I learn, the more confident and more I make my investment.

Now that I have half a bitcoin, I need to cherish it. My next step is to make a bitcoin with it.
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February 01, 2022, 02:03:09 PM
 #2

Just do that again and you'll have a whole bitcoin.  Well, not all that stuff of all your ups and downs, that would be too much to go through again, but rather just the part that got you the half of a bitcoin.

For soon, after accumulating a whole bitcoin, you'll notice that you are much further ahead than a whole lot of others.
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February 01, 2022, 02:10:56 PM
 #3

You can use your experiences on your next investment since you can make those failures as your basis on what to do next or you can minimize the risk upon buying something to hold for long term. Making your half bitcoin into whole is mot impossible to happen its just you need to do proper research and do wise decision to avoid getting scam and have higher chances to bag some profit until you reach your target amount.

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February 01, 2022, 02:34:04 PM
Last edit: February 01, 2022, 02:59:36 PM by aoluain
 #4

Well done!
ATM for many people 0.5BTC is very difficult to get, and impossible for others.

You have learned a couple of valuable lessons, stay away from $hitcoins and stay
away from trading. Next lesson is not to take risks with that 0.5BTC or at the
very most set aside a small percentage for trading if you really feel the urge
or a spot of gambling for fun or buying goods but be disciplined while all
the time try to accumulate.

...and for the large percentage of it join the HODL club.

R


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February 01, 2022, 05:18:11 PM
 #5

...and for the large percentage of it join the HODL club.
Yeah, it's easy to say to hodl, to hodl, again and again, but how long? and how much should be sold when you think its the ATH, again.
Many people here hodl until they stucked when price is going down expecting the price will pump again, until they will be forced to hodl, again.

It's like a cycle, but good thing there are people who manage to surpass such kind of way. I congratulate OP for this, keep it going until you are satisfied to your profit.

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February 01, 2022, 05:25:17 PM
 #6

Nice milestone! Big congrats to you for having half a bitcoin best I can do is like a 10th lol
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February 01, 2022, 05:43:47 PM
 #7

You are making enough progress because you are ever learning which is just the main secret to getting more closer to your goal and investment target. Losses is like the building block for wealth that comes with crypto and it's only greenish when you loss while your are studying because it would give you a better way of approaching the market and also give show you possibly treats that exist in cryptocurrency investment. It's a nice achievement kudos to you
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February 01, 2022, 06:08:21 PM
 #8

OP your journey is not yet over and I encourage you to see the half as a stepping stone to acquiring 1BTC. One important move to consider towards making a full bitcoin is repeating the process that got you Half a bitcoin. Most quick processes which may interest you may not be genuine and could cause a drop on the half which you just secured, thumbs up!

It's interesting to see that you are ready to face whatever bearish move that occurs in the market. If you continue with such idea then you are just few steps away from hitting 1 BTC! because they won't be any panic selling, something that terminates many newbies from joining the long term train. Consider carefully what to do and what may not matter to your journey and don't forget to follow your instinct.

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February 01, 2022, 07:51:09 PM
 #9

For you to turn that half btc to 1 btc requires taking a risk and I wonder if you are ready for that after the ups and downs you went through to achieve this 0.5 btc, remember holding won't increase the quantity only the price, if you decide to trade with it, you taking a risk,  you invest it in other alts, even a bigger risk, but since you seem determined and already aware of what is involved, then good luck to you buddy.

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February 01, 2022, 07:56:08 PM
 #10

Great! Keep it up.

You know that you're doing correctly if it's giving you the feeling of enjoyment and excitement. There's no need to rush and you already have the goal of owning a whole bitcoin.

You already did what must be done and you've owned half of it. What you must do is to get yourself focus with it because it could be lovely as it is today but tomorrow or the next day, you'll feel different. When it comes, just remember your goal.

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February 02, 2022, 05:33:14 AM
 #11

Right this moment, the price of a bitcoin is about USD 5205, meaning that half a bitcoin is US$2602.50. After every 210,000 blocks mined, or roughly every four years, the block reward given to Bitcoin miners for processing transactions is cut in half.

On what year you get this price info? The current price is around 38K USD using price aggregator coinmarketcap and coingecko.  Cheesy



Owning a half Bitcoin right now is not easy to everyone especially those who works in minimum wage salary in 3rd world country. 0.05BTC is a good target for starter since Bitcoin price increase the near we are close on depleting the maximum supply. Having a target amount for holding is good you should not stress out on acquiring huge amount coin if its not suitable for your income.

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February 02, 2022, 05:53:59 AM
 #12

Your efforts have been rewarded. I know you went through a lot of trials and tribulations before you were able to obtain that half bitcoin, which is really your price; now all you have to do is follow the same procedure you used to obtain the half bitcoin in order to obtain a whole bitcoin. Congratulations on your most significant accomplishment, and best of luck in obtaining another half bitcoin in the hopes that it will be successful. Don't forget to keep it in a safe place.
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February 02, 2022, 09:47:06 AM
 #13

Would I personally be okay if it went to 0? Yes. This is a risk I am willing to take,
But would you feel the same way if everything that you've achieved so far, suddenly goes down the drain? If the answer to that is "NO", then you should refrain from making announcements [not just in a public forum] in regards to how much BTCitcoin you currently have in your possession [you're just going to make yourself a target]!

My next step is to make a bitcoin with it.
If I were you, my next step would've been to make sure I'm keeping it in a safe place instead.

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February 02, 2022, 09:55:57 AM
 #14

Congratulations, hard work pays off! Now cherish the 0,5 BTC and work on getting to your first 1 BTC! To the Moon together we go, well done Bitcoiner, keep up the good job Wink

1 BTC = 1 BTC
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February 02, 2022, 11:26:09 AM
 #15

Just do that again and you'll have a whole bitcoin.  Well, not all that stuff of all your ups and downs, that would be too much to go through again, but rather just the part that got you the half of a bitcoin.

For soon, after accumulating a whole bitcoin, you'll notice that you are much further ahead than a whole lot of others.
There's a possibility that OP can do more that's going to cut short the time that it takes to make sure that he will be able to get the other half of bitcoin. Getting half a bitcoin isn't an easy feat because of the current premium price of bitcoin but I am pretty sure that if you are at that point, you might be able use that half a bitcoin to be able to get that 1 bitcoin, make your money work for you.
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February 02, 2022, 02:09:33 PM
 #16

And with the current sentiments right now, maybe it would be "easy" to have a .5 BTC if you continue to stack up sats because the price is so cheap right now. Yeah, it might take weeks or even years for some of us to save even .25 - .5 BTC but it is going to be worth something in the future if we are going to stick with our goals. Just smaller steps in the beginning and then grow big.

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February 02, 2022, 02:21:33 PM
 #17

Right this moment, the price of a bitcoin is about USD 5205, meaning that half a bitcoin is US$2602.50. After every 210,000 blocks mined, or roughly every four years, the block reward given to Bitcoin miners for processing transactions is cut in half.

On what year you get this price info? The current price is around 38K USD using price aggregator coinmarketcap and coingecko.  Cheesy



Owning a half Bitcoin right now is not easy to everyone especially those who works in minimum wage salary in 3rd world country. 0.05BTC is a good target for starter since Bitcoin price increase the near we are close on depleting the maximum supply. Having a target amount for holding is good you should not stress out on acquiring huge amount coin if its not suitable for your income.

Uhh.... username checks out?

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February 02, 2022, 02:46:53 PM
 #18

At least, you have your lesson from crypto, but you did not give up instead of still trying to achieve your goals. I see you already have half of bitcoin, and you are good. You can have more bitcoin if you do not stop trying and practicing from the lessons.

We have our lesson by losing money in crypto, but that depends on how we can cheer ourselves and still try to recover step by step. You do not have to think about how long you can achieve all you want but enjoy the process, and you will be there with a big smile.
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February 02, 2022, 03:03:02 PM
 #19

Over the years in cryptocurrency, through ups and downs, gains and losses, mistakes and learning, I finally feel a sense of satisfaction. Good news for me when the market is bad. ‌‌ I too have heard stories of growing up overnight and felt the need to get involved. Dog coins and 100,000 $ ++++++ ... I heard the strange joy of owning something. Anything but all this was just a lack of knowledge and clarity. It was as easy as gambling. Like growing up overnight?
I heard a lot about Kipto last year. After hearing that, I sold my tokens. Towards the end of 2021, I had some successes and some failures, yet there is no direction and zero certainty. I was disappointed. Turns out, I have to start from scratch, educate myself, read books, listen to experts and I did. I didn’t skip investing.
I ate a lot of los at one time. But did not give up the investment. Forget trading, forget short-term gains and losses. I traded a lot and got caught, but for the sake of my future, I wanted to accumulate a small amount of this finite resource. I felt the urgent need to acquire a full bitcoin and I halved it. For the first time in my crypto journey, I felt a sense of certainty that I was lacking. So far I have been able to achieve half of it. This achievement of mine is a lot to me. Have I expanded my investment to achieve this? Yes. Would I personally be okay if it went to 0? Yes. This is a risk I am willing to take, and the more I learn, the more confident and more I make my investment.

Now that I have half a bitcoin, I need to cherish it. My next step is to make a bitcoin with it.

Look like you had a bad experience with the altcoins and trading but the good thing is that finally, you are able to save half a bitcoin. This half a bitcoin can be life changing for you in the next 3-5 years. It's better if you do not try to trade with this 0.5 btc as you might lose them in future trading.
Keep this half bitcoin safe with you in a wallet and try to earn bitcoins by providing different services or by converting your fiat savings into bitcoins.

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February 02, 2022, 03:06:21 PM
 #20

For soon, after accumulating a whole bitcoin, you'll notice that you are much further ahead than a whole lot of others.

He's further ahead already.

Now that I have half a bitcoin, I need to cherish it. My next step is to make a bitcoin with it.

Look like you had a bad experience with the altcoins and trading but the good thing is that finally, you are able to save half a bitcoin. This half a bitcoin can be life changing for you in the next 3-5 years. It's better if you do not try to trade with this 0.5 btc as you might lose them in future trading.
Keep this half bitcoin safe with you in a wallet and try to earn bitcoins by providing different services or by converting your fiat savings into bitcoins.

That's what I was thinking. It sounds like he wants to trade Bitcoin to increase it but re-reading his life experience, I think he is going to do other things, without touching his half Bitcoin, to increase it.

OP, could you clarify this.

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