bitterguy28
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February 14, 2023, 03:04:26 AM |
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0.1 BTC good enough or not.
0.1BTC may not be worth much at current prices but if you can hold it for years when each bitcoin is worth 500k or 1 million then your 0.1BT C is well worth it. And during that holding period, you can accumulate even more. It doesn't matter how much or how little BTC, what matters is how long you can hold it. lol , not worth much? let me ask you this, do you even have 0.1 bitcoin in your pocket/wallet? if not then till us how come that it is not worth much? 0.1BTC is already big amount for many of us , and specially if you are a holder? surely you will manage to gain thousands or even million once Bitcoin reached its peak price. for me? i am contented with my holding now , and waiting for a perfect time to sell out .
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Silberman
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February 14, 2023, 06:07:00 AM |
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Is 0.1BTC a lot and enough for long-term holding? I calculate my extra income that I use for DCA and I feel like this is the range of BTC I will end up owning on the long run, anything more will put me in a very tight position or maybe I need to upgrade my side job to earn more for investing into Bitcoin. What do you feel about this? 0.1 BTC good enough or not.
that is enough to be called as "Long Term Holding" consider that the price now is around 20+k meaning that would be 2k usd or more, and if the price of bitcoin grows at least x10-x20? then you will be holding 20-40k and what if bitcoin reaching a million dollars in the future? then you will be 100k richer? that is for me a decent amount of holding. And this does not take into account the possibility of using that bitcoin to trade and get even more of it in return, now this is riskier than long term holding, but at the same time if you are skilled the amount of money you could make will be way higher than what you can make by just holding, so for those that are not happy with the amount of bitcoin in their wallets this is a way to grow it without the need to invest even more money in bitcoin.
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Joshapat
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February 14, 2023, 09:23:48 AM |
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Is 0.1BTC a lot and enough for long-term holding? I calculate my extra income that I use for DCA and I feel like this is the range of BTC I will end up owning on the long run, anything more will put me in a very tight position or maybe I need to upgrade my side job to earn more for investing into Bitcoin. What do you feel about this? 0.1 BTC good enough or not.
With 0.1 or current value around $2150 it is certainly a good start for investing in bitcoin in the long term, 13 years ago when the price of bitcoin was just under $1 a lot of people were speculating holding around $1000 then there was a big price spike in 2013 so they became millionaires, unfortunately at that time there were also those who no longer believed in bitcoin so they threw the hard drive in the trash and after knowing the skyrocketing price they tried to find the hard drive.
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CryptoBuds
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February 14, 2023, 09:51:35 AM |
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0.1 BTC good enough or not.
0.1BTC may not be worth much at current prices but if you can hold it for years when each bitcoin is worth 500k or 1 million then your 0.1BT C is well worth it. And during that holding period, you can accumulate even more. It doesn't matter how much or how little BTC, what matters is how long you can hold it. lol , not worth much? let me ask you this, do you even have 0.1 bitcoin in your pocket/wallet? if not then till us how come that it is not worth much? 0.1BTC is already big amount for many of us , and specially if you are a holder? surely you will manage to gain thousands or even million once Bitcoin reached its peak price. for me? i am contented with my holding now , and waiting for a perfect time to sell out . At current prices, 0.1 BTC would be equivalent to more than 2k dollars, which would also be a huge amount if we were in 3rd world countries with low living costs. But according to what he said, it doesn't have much value at the moment and will be very valuable if bitcoin hits 500k or 1 million dollars in the future. He doesn't say it won't be of great value in the future. I think we should know enough with what we have, more or less it is our money.
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Yaunfitda
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February 14, 2023, 10:10:26 AM |
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0.1 BTC good enough or not.
0.1BTC may not be worth much at current prices but if you can hold it for years when each bitcoin is worth 500k or 1 million then your 0.1BT C is well worth it. And during that holding period, you can accumulate even more. It doesn't matter how much or how little BTC, what matters is how long you can hold it. lol , not worth much? let me ask you this, do you even have 0.1 bitcoin in your pocket/wallet? if not then till us how come that it is not worth much? 0.1BTC is already big amount for many of us , and specially if you are a holder? surely you will manage to gain thousands or even million once Bitcoin reached its peak price. for me? i am contented with my holding now , and waiting for a perfect time to sell out . At current prices, 0.1 BTC would be equivalent to more than 2k dollars, which would also be a huge amount if we were in 3rd world countries with low living costs. But according to what he said, it doesn't have much value at the moment and will be very valuable if bitcoin hits 500k or 1 million dollars in the future. He doesn't say it won't be of great value in the future. I think we should know enough with what we have, more or less it is our money. I think if we are going to look at it, at the current price of $20k, and if by chance in the next bull run the price goes to $100k, so that will be a good amount in 2024-2025. His 0.1 BTC might be worth $10k and that is a lot of money in a 3rd world country. And if he goes and hold on it till the next bull run, who knows, $500k-$1 million is possible so the returns is good for him. So really up to us on how we are going to earn and save BTC and how long are we going to hold on it, minimum or maximum years to hold before we sell them.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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letteredhub
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February 14, 2023, 05:40:03 PM |
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Is 0.1BTC a lot and enough for long-term holding? I calculate my extra income that I use for DCA and I feel like this is the range of BTC I will end up owning on the long run, anything more will put me in a very tight position or maybe I need to upgrade my side job to earn more for investing into Bitcoin. What do you feel about this? 0.1 BTC good enough or not.
You don't need to overwork yourself with a side job only cause you want to meet up to hold an amount of BTC you think should be enough for you to possess, stead the desire to put yourself in a tight corner should be for improving your living standard and to meeting up some more responsibility and not basically bitcoin. Am not saying your intention is bad but am not sure of you give it a second thought based on your scales of preference you will still go ahead with the idea.
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retreat
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February 14, 2023, 07:03:47 PM |
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Yes, and because of that people who are impatient and want to make quick profits often lose money in the crypto market because they get impatient and panic when the market is red and they prefer to invest in obscure assets like Defi or other projects. If only they tried to invest in more popular assets like BTC or other popular cryptos and held them for a longer period of time, their chances of profiting would be much greater.
What you say may not be wrong because indeed there are still many people who sometimes feel panicked when cryptocurrency prices decline in the market, but they can still lose a little money if they previously held Bitcoin or other cryptocurrencies that were in a good category. But for a product like defi or something like shitcoin that says it's going to be popular when it's not, it's always hard to recover when it's gone down in price and losing money through any shitcoin feels like losing money permanently. And that's why I said that it's better to invest in popular coins like BTC or ETH, because even if investors are experiencing losses now because the price is unstable and tends to decrease, the opportunity for these tokens to recover is much bigger in the future compared to Defi tokens, NFT. , metaverse, or other projects. The point is to stay patient and not panic sell your tokens when the market goes down.
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pawel7777
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February 14, 2023, 09:26:38 PM |
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... And that's why I said that it's better to invest in popular coins like BTC or ETH, because even if investors are experiencing losses now because the price is unstable and tends to decrease, the opportunity for these tokens to recover is much bigger in the future compared to Defi tokens, NFT. , metaverse, or other projects. The point is to stay patient and not panic sell your tokens when the market goes down.
Sure, but BTC/ETH is no longer appealing to the "get rich quick" investors. If you only have a few hundred $ to spare, the perspective of putting it all in btc, which (big) maaaybe will net you up to x5 of your investment in few years' time is just not attractive enough. And that's not to mention that big chunk of such "investors" don't even understand where are those ridiculously high yields in defi projects coming from, and they don't care as long as the number is high. The trick is to make informed, emotionless decisions and have the same approach to investing small amounts as you would with large ones.
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Reatim
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February 16, 2023, 01:28:55 AM |
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Is 0.1BTC a lot and enough for long-term holding? I calculate my extra income that I use for DCA and I feel like this is the range of BTC I will end up owning on the long run, anything more will put me in a very tight position or maybe I need to upgrade my side job to earn more for investing into Bitcoin. What do you feel about this? 0.1 BTC good enough or not.
that is enough to be called as "Long Term Holding" consider that the price now is around 20+k meaning that would be 2k usd or more, and if the price of bitcoin grows at least x10-x20? then you will be holding 20-40k and what if bitcoin reaching a million dollars in the future? then you will be 100k richer? that is for me a decent amount of holding. And this does not take into account the possibility of using that bitcoin to trade and get even more of it in return, now this is riskier than long term holding, but at the same time if you are skilled the amount of money you could make will be way higher than what you can make by just holding, so for those that are not happy with the amount of bitcoin in their wallets this is a way to grow it without the need to invest even more money in bitcoin. But why deny the chance of earning more if we had other amount to risk investing ? like what mist said and we are both having the same thought of long term investing , so buying each time we are having opportunity(as long as the amount we will be buying is available to risk) then lets add more and more as the years passes by, and also make sure that we are holding in safe wallets because remember that Not you Key , Not your Bitcoin . and using bitcoin for day trading isn't in my way because I treat bitcoin as safe investment and not for so much riskier .
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Yamifoud
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February 16, 2023, 09:16:17 PM |
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Is 0.1BTC a lot and enough for long-term holding? I calculate my extra income that I use for DCA and I feel like this is the range of BTC I will end up owning on the long run, anything more will put me in a very tight position or maybe I need to upgrade my side job to earn more for investing into Bitcoin. What do you feel about this? 0.1 BTC good enough or not.
Just consider your capacity to hold OP. Because you don't need to push yourselves to invest beyond the amount that you can afford to lose and if you think that 0.1BTC is enough, then that is enough. You can increase your limit in the future when you think you can manage it and of course, when you have extra money to risk as well. Honestly, 0.1BTC is big enough for a casual investor even like me. Though we think that holding a lot of Bitcoin can make us more profitable but we also consider our position if we can make it.
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dunfida
Legendary
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Activity: 3192
Merit: 1147
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February 16, 2023, 09:30:42 PM |
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Is 0.1BTC a lot and enough for long-term holding? I calculate my extra income that I use for DCA and I feel like this is the range of BTC I will end up owning on the long run, anything more will put me in a very tight position or maybe I need to upgrade my side job to earn more for investing into Bitcoin. What do you feel about this? 0.1 BTC good enough or not.
0.1 is better rather than on having none at all. 0.1 BTC now = to 2500usd as of this writing.If you've been able to successful reach out this number on the time in the future then for sure it isnt something these numbers would really be the same but rather it might be already high but of course accumulating phase would be much harder because we know that more expensive it would be the lesser satoshis you would be able to buy. This is why it would really be that situational if we do speak about accumulating of coins for long term but somehow dont lose hope because there's always a chance on everything. Stick into your goal and you would be finding out that it would really be something making a good result.
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Lubang Bawah
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February 18, 2023, 01:05:32 AM |
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Is 0.1BTC a lot and enough for long-term holding? I calculate my extra income that I use for DCA and I feel like this is the range of BTC I will end up owning on the long run, anything more will put me in a very tight position or maybe I need to upgrade my side job to earn more for investing into Bitcoin. What do you feel about this? 0.1 BTC good enough or not.
The potential for bitcoin to skyrocket is enormous because now more and more countries are legalizing bitcoin, moreover many large companies are also continuing to develop bitcoin so it is only natural that one day the price of bitcoin will become very expensive, some even predict that by 2030 the price of 1 btc can reach $1 million, if we have 0.1 btc and the price of 2030 is $ 1 million then we have $ 100k, and I think this is a good start to invest, as long as we hold it then the opportunity for profit.
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fuguebtc
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February 18, 2023, 08:45:54 AM |
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Is 0.1BTC a lot and enough for long-term holding? I calculate my extra income that I use for DCA and I feel like this is the range of BTC I will end up owning on the long run, anything more will put me in a very tight position or maybe I need to upgrade my side job to earn more for investing into Bitcoin. What do you feel about this? 0.1 BTC good enough or not.
Just consider your capacity to hold OP. Because you don't need to push yourselves to invest beyond the amount that you can afford to lose and if you think that 0.1BTC is enough, then that is enough. You can increase your limit in the future when you think you can manage it and of course, when you have extra money to risk as well. Honestly, 0.1BTC is big enough for a casual investor even like me. Though we think that holding a lot of Bitcoin can make us more profitable but we also consider our position if we can make it. Our greed never bottoms, so how much investment is enough depends on each person's finances, no one is the same. In my country, 0.1 BTC with a current value of 2k5$ is not a small amount, with that amount would be equal to the base salary of a worker for 1 year of work. Not everyone can get that money. And you're right, more or less it doesn't matter as long as we don't exceed the amount we can't lose, and should be satisfied with what we have, sometimes excessive greed will pay the price.
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ilovealtcoins
Sr. Member
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Merit: 263
SmartFi - EARN, LEND & TRADE
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February 18, 2023, 02:09:46 PM |
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Is 0.1BTC a lot and enough for long-term holding? I calculate my extra income that I use for DCA and I feel like this is the range of BTC I will end up owning on the long run, anything more will put me in a very tight position or maybe I need to upgrade my side job to earn more for investing into Bitcoin. What do you feel about this? 0.1 BTC good enough or not.
Even if you have less than 0.1 BTC, it is enough for you to hold for a long time, the amount doesn't matter, what matters is how long you can keep it. Because when you hold a little bitcoin, but if you can hold it for decades when bitcoin hits $1 million per bitcoin, then 0.01 BTC was already a huge amount at that time.
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pantek talacuik
Full Member
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Soil.co - Earn USDT/USDC
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February 18, 2023, 03:23:22 PM |
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Is 0.1BTC a lot and enough for long-term holding? I calculate my extra income that I use for DCA and I feel like this is the range of BTC I will end up owning on the long run, anything more will put me in a very tight position or maybe I need to upgrade my side job to earn more for investing into Bitcoin. What do you feel about this? 0.1 BTC good enough or not.
Even if you have less than 0.1 BTC, it is enough for you to hold for a long time, the amount doesn't matter, what matters is how long you can keep it. Because when you hold a little bitcoin, but if you can hold it for decades when bitcoin hits $1 million per bitcoin, then 0.01 BTC was already a huge amount at that time. Wow, 0.1 Bitcoin is huge for me at this moment. if you can also be patient for the next 20 years I think you can buy what you want without thinking about the lack of money later. but you can try with other coins like Ethereum or BCS to take a chance too.
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sana54210
Legendary
Offline
Activity: 3262
Merit: 1128
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February 18, 2023, 08:03:01 PM |
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Is 0.1BTC a lot and enough for long-term holding? I calculate my extra income that I use for DCA and I feel like this is the range of BTC I will end up owning on the long run, anything more will put me in a very tight position or maybe I need to upgrade my side job to earn more for investing into Bitcoin. What do you feel about this? 0.1 BTC good enough or not.
We cannot predict the future; I mean we cannot estimate what higher value bitcoin will have in future. Also no one could estimate your need for your life. So, it would be a wise decision to keep on buying bitcoin whenever you are having excess funds. If you plan to start on some big investment with bitcoin then I agree that 0.1 BTC is good enough for anyone to begin with. But, you must keep on buying at regular or random interval until you find bitcoin market is trading stable or until 99.9% of bitcoin's total supply will be mined out. Due to Bitcoin's deflation characteristic, we cannot estimate how long bitcoin market will keep on appreciating and achieve some stableness. So, keep on investing for next few decade will be definitely profitable for all long term holder.
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irhact
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February 18, 2023, 08:44:38 PM |
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Is 0.1BTC a lot and enough for long-term holding? I calculate my extra income that I use for DCA and I feel like this is the range of BTC I will end up owning on the long run, anything more will put me in a very tight position or maybe I need to upgrade my side job to earn more for investing into Bitcoin. What do you feel about this? 0.1 BTC good enough or not.
It's enough and a good start. The target should always be to accumulate atleast one Bitcoin and starting with 0.1 BTC will give you the motivated to do better in the future. If 0.1 BTC is all your pockets can afford then go for it and not hesitate. Many won't be be able to achieve that amount of Bitcoin in the future as it'll be in its thousands when Bitcoin eventually cross the $100k price. Don't just think buying 0.1 BTC will make you rich in the future, understand that you're getting only 10% of whatever the price for Bitcoin is when that amount is been held in your wallet. If Bitcoin is trading at $10k then your investment would be worth $1k therefore having just 0.1 shouldn't be your final target instead strives to get more money and invest more.
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Raflesia
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February 18, 2023, 10:01:50 PM |
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Wow, 0.1 Bitcoin is huge for me at this moment. if you can also be patient for the next 20 years I think you can buy what you want without thinking about the lack of money later. but you can try with other coins like Ethereum or BCS to take a chance too.
Indeed there are some things that can be gained with it but when saying enough I think as long as we become human beings with natural conditions which are basically greedy things like this are clearly still not enough especially if we say about a few years as you said of course we still won't think of it as sufficient because regardless of the conditions it is clear that as long as we can still do it, we will do it.
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nara1892
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February 19, 2023, 09:05:11 AM |
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Wow, 0.1 Bitcoin is huge for me at this moment. if you can also be patient for the next 20 years I think you can buy what you want without thinking about the lack of money later. but you can try with other coins like Ethereum or BCS to take a chance too.
Indeed there are some things that can be gained with it but when saying enough I think as long as we become human beings with natural conditions which are basically greedy things like this are clearly still not enough especially if we say about a few years as you said of course we still won't think of it as sufficient because regardless of the conditions it is clear that as long as we can still do it, we will do it. I agree with you, if it is measured from human nature that is greedy then there is no word enough, but if it is judged in terms of one's ability to hold it, then that amount is a sufficient amount. I completely understand when someone wants a larger amount than they are currently holding, because I feel the same way. But back again, why should we force ourselves when we can't? it would even make the situation worse in my opinion.
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ilovealtcoins
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February 19, 2023, 09:16:48 AM |
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Is 0.1BTC a lot and enough for long-term holding? I calculate my extra income that I use for DCA and I feel like this is the range of BTC I will end up owning on the long run, anything more will put me in a very tight position or maybe I need to upgrade my side job to earn more for investing into Bitcoin. What do you feel about this? 0.1 BTC good enough or not.
Even if you have less than 0.1 BTC, it is enough for you to hold for a long time, the amount doesn't matter, what matters is how long you can keep it. Because when you hold a little bitcoin, but if you can hold it for decades when bitcoin hits $1 million per bitcoin, then 0.01 BTC was already a huge amount at that time. Wow, 0.1 Bitcoin is huge for me at this moment. if you can also be patient for the next 20 years I think you can buy what you want without thinking about the lack of money later. but you can try with other coins like Ethereum or BCS to take a chance too. If you want to keep your investment for the next 20 years, then I think you should stay with bitcoin, only bitoin is an asset worth trusting and living for so long. Don't invest in altcoin when it's a long term investment, ETH is good, but it's still centralized, so we can't trust it long term. Even BNB, I don't believe Binance can live another 20 years.
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