Enough?

[Z390]

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.

[Z-tight]

You don't have to upgrade your side job because you want to invest more into BTC, you should want to upgrade your side job if you can because you want to give yourself a good life, and if there is enough of it left, you can put it into BTC investment and accumulate other assets as well.

If 0.1 BTC is the amount you can afford to lose, then it is enough for you. It may be dust for a lot of people in this forum, but when investing in BTC, it is your own pocket you should be looking at, and your own source of income. O.1 BTC is a lot of money right now in my humble opinion, and it would be more in the future, so it is okay for long term holding.

[SatoPrincess]

I’m always in support of one having multiple streams of income, it will be a plus if you can find a side hustle you can manage alongside your regular job. It’s good you’re spending your extra income on buying bitcoins, I’m opposed to taking loans to buy bitcoins. I would say what you and everyone else already knows “invest only what you can afford to lose” If 0.1 btc is your limit so be it. It is now difficult to get 1 bitcoin, you don’t have to kill yourself to get 1 bitcoin. In the future you will be glad you have that 0.1btc because it will be worth a lot.

[serjent05]

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 only person who can answer your question is you.

1.  Are you contented to only have 0.1 BTC?
2.  Do you have extra funds to buy more?
3.  Are you comfortable spending the amount of money for an additional amount of BTC?

You see, you are the only one who can decide whether 0.1 BTC is good enough for you.  At some point you get more side jobs for extra income, I believe you will be able to buy more than 0.1 BTC.

[Odusko]

You are right, it is a totally wrong decision to take loan to buy bitcoin but any thing other than that is welcome and having multiple streams of income is indeed the fastest way to get wealth fast, but in the search for a side hustle, we should also take in consideration some factors that may impede on that negatively, so let not get carried away.with the fantasy statement about a.side hustle because some of them will overstress you to the point that you lose focus on your ultimate goal of bitcoin accumulation.
It better to build knowledge on financial management before we verge into anything that requires our investment both in time and money and we shou have a scale of preference in a miner that we don't overly stress our mental capacity.

[BlackHatCoiner]

0.1 BTC good enough or not.

I don't know neither what's enough money according to you, neither what 1 BTC will worth in the long term.

However, I do know this. There will never be more than 21 million bitcoins, and there are currently 8 billion humans, 5 billion of which are aged between 15 and 64, more than half of which don't live decently (with good healthcare, food, shelter etc.). So, about 2.5 billion people make the rules. About 2 percent of those are millionaires according to google. So, mathematically speaking, owning a bitcoin puts you in the 1 percent of the hierarchy. Practically speaking, owning one bitcoin is a shitload amount of money for the most people.

That's of course if we assume that it'll be global reserve asset, in each millionaire's portfolio. So yeah, 0.1 BTC is a good chunk for the long term.

[un_rank]

Is 0.1BTC a lot and enough for long-term holding?

Any amount is enough for long term holding as you get to profit if the price multiplies.
If bitcoin grows by 200%, someone holding $1,000 and one holding $10,000 would each get to double what they had before, which is better than the alternative of having inflation eat away at your holdings.

0.1BTC is about $2,500 in today's market and would give good ROI should bitcoin enter another bullish market.

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.

Do not put yourself in a tight position to invest in bitcoin and you should always consider upgrading your side job for more streams of income.

- Jay -

[ChiBitCTy]

If owning any more bitcoin puts you in a position where you might get yourself in to financial trouble then I would say you’ve already figured out how much bitcoin that you yourself should own and have “at risk”. We all have to learn to only own as much as we are willing to lose for the most part when it comes to volatile investments. So if .1BTC is that amount, then that is what I would stick with.

[Oceat]

It might be enough to most people since I don't know how much would be enough for you. If you need more money it's better to have an extra job or side hustle just like what the above said in order to gain more money to add up to your investment. But what can you do in this time where you don't have that extra money?

Don't think of taking a loan just to invest in Bitcoin since it will make you suffer on the interest part plus the monthly payment. Invest only on what you can afford to lose. We never know how much Bitcoin will be worth during the next bull run.

[dothebeats]

Whatever money you can afford to buy bitcoin, do it. Any amount of bitcoin you own is actually a good thing, regardless if it's 0.1, 0.01, or even 1 and above. At least, you have some, and you acquire them using the money that you are fine losing. I don't know what other people deem 'enough' for their bitcoin ownership, but to me, as long as I have some disposable income, I buy bitcoins regardless of the price.

If you really wanted to invest more in bitcoin, then maybe upgrading your sidejob may do the trick. Mind you, this does not only improve your capability in buying bitcoin but it also allows you to save more since you are receiving more money now so overall it's a win-win for you.

[Ultegra134]

It's certainly not a petty amount; as someone else already mentioned, it's worth about $2,500, which isn't a little, while if you had the same amount of Bitcoin during the previous ATH, you'd have almost $7,000. Not bad, right? I know that it looks like a small amount, but you still have great earning capabilities when the bull market comes. Don't get pressured into buying more Bitcoin than you can afford, and certainly don't change your life just to accumulate more.

There's an ongoing trend pressuring Bitcoin acquisition, something I noticed in newer members way too often because there's the fear of missing out. Unfortunately, most of us didn't have the chance to purchase in the earliest days and missed that opportunity, and especially newer users are afraid that this is their only chance.

[isaac_clarke22]

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1 BTC = 1 BTC therefore 0.1 BTC = 0.1 BTC.
The answer to your question regarding if you need to be earning more from your side job is entirely up to you. Were those 0.1 BTC you bought a lot in your local currency? Here in my country, that is a lot to be honest though not enough yet to buy a house.

There is no minimum amount for you to invest in the long-term, OP. I had even day traded waaaaay less than that and I would not even think of buying that amount as a start assuming I do trading these days again.

[summonerrk]

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 btc is quite a good amount for the initial acceleration of the deposit. Now you need to understand: you will use safe methods, which mainly include holding. Or, as experienced traders often do with such an amount, they tried to increase this amount with aggressive, but more profitable methods, including weekly trading.

[Furious 7]

Regardless of enough or not, it's back to you actually, whether that is your limit now, then if it is, that means it's enough for you. But things like this are clear if we still have a great desire and still have more money then it's not wrong to add more as you can.
I think in this case it's not a matter of enough or not but how capable you are of being here and how strong you hold on when talking about the long term.

[lalabotax]

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.

In my opinion, there is no limitation of enough or not enough in investing in Bitcoin for long-term period. What we need to think is the money or funds to invest. As long as they are free money without any doubt and we can afford it, this is enough. And every time if we have free money again, why not add the amount to increase the Bitcoin accumulation for the next bullish era preparation? This is good enough moreover if we are using the DCA we may decrease the small missing of chance.

However, once more, this will depend on your own target. Sometimes, people are having certain targets in investing in Bitcoin and they want also altcoin investment. that is why it will depend on your own strategy. The wisest thing is that never put your money into hype coins or shit altcoins although they promise you many things.

[PrivacyG]

Look at our history.  Was 0.1 Bitcoin enough years ago?  There was a time 0.1 could only get you a candy.  There was a time 0.1 could get you a burger.  Then a dumb phone.  Then a smart phone.  Then a high end smart phone.  Then an Apple laptop of your choice.  Now it can get you a pretty decent comfortable used car.  In some countries, even a decently sized lot of land.  In poorer countries, maybe even a house.

If things go the same way, it may get you a decently sized house in a first world country decades down the line.  Maybe.  Who knows.

Do you trust it?  Do you trust yourself investing in Bitcoin?  Go ahead.  Do you think there are other maybe better ways to store value?  Better investment opportunities?  Then leave Bitcoin alone.  It is all about you, my friend.

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Regards,
PrivacyG

[BitDane]

If you ask me, I can say that 0.1 BTC is not enough for me since my goal is to have at least 1 BTC in my wallet.  But still just like many replies here, it is up to you whether 0.1 BTC is enough or not.  If you will struggle after accumulating 0.1 BTC then I think better to stop when you fulfilled it first.  Look for an extra job and see if you will be good if you will start accumulating Bitcoin again. 

@OP, you know that people's mind works in a way when a goal is achieved, another goal to surpass what is currently met will eventually form.  In the end, 0.1 BTC might be a starting amount for you and you might aim for more if fund is available.

[Fivestar4everMVP]

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.

owning 0.1 Btc as a new person in crypto investment is a good and commendable achievement already, but then, if it is still within your capacity to own more Bitcoins, then why not?, most especially considering the fact that in the end of it all, it is still your money and you can decide to tell it anytime you please..
0.1 bitcoin is good amount to hold for the long term, but if you still have the financial means, then try to double or triple that, or even hold 1 full bitcoin, the more, the better, and so will you make more profit once the price of bitcoin begins to climb.

[pawel7777]

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.

If the best you can save up, in the long run, is an equivalent of ~$2,300, then your best bet would be to acquire some marketable skills and boost your earnings. That 0.1btc is unlikely to be a "make it" stack - meaning you won't be able to retire on that and will still need to have some other source of income.
So hold some bitcoins but don't put all your hopes in it. Focus on increasing skills and earnings.

On a side note, it only takes BTC0.262 to be in the top 1% of holders of the world population (BTC21 divided by 1% of the total current world population)

[S A KHAIR]

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.