Enough?

[Silberman]

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 that is the amount you believe you can accumulate then you will have to make do with what you have, bitcoin allows you to hold for the long term any amount you can, but it should be obvious the more bitcoin you can hold and the longer you can do it then the greater effect bitcoin will have in your life, and depending on your expectations and the living costs where you live that amount could be enough or not, if you told us what do you expect maybe it would be easier to determine if your expectations are reasonable or not.

[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.

If that is the amount you believe you can accumulate then you will have to make do with what you have, bitcoin allows you to hold for the long term any amount you can, but it should be obvious the more bitcoin you can hold and the longer you can do it then the greater effect bitcoin will have in your life, and depending on your expectations and the living costs where you live that amount could be enough or not, if you told us what do you expect maybe it would be easier to determine if your expectations are reasonable or not.

All right. The larger the amount you own, the faster it will increase with proper use. I like to talk about the rules of Compound Interest. I will not describe its principles, I am sure they are so familiar to you. Based on them, every dollar invested in bitcoin today can become 100 tomorrow. It is because of the compound interest that the rich are so rich.

[retreat]

"Invest with what you have now and with what you are ready to lose" is what I always keep in my mind, because no matter how much bitcoin you invest, it will still be enough as long as you hold it for a long time. And I think this will be a very good investment for you going forward. As long as you don't sell it when the price is low, you will definitely be able to make a profit in the long term. Trust me it's worth it.

[Pesona1]

Alot of people dont realise this but investing in bitcoin or ethereum will never make you rich anymore. It might 2x or 3x but this is not like buying bitcoin at $200 like in 2015 and having it go 345x times your investment. Don't belive all those articles which are saying Bitcoin is gauranteed to go to $1,000,000.

Many believed back in late 2021 that bitcoin will at least go to $100,000. So nobody sold at $69000 and look what happened. When the general population thinks something will happen usually its the complete opposite.

I also have quite the same thoughts as you, right now the price of bitcoin can be said to be a little high and of course it takes a lot of capital for us to buy bitcoin, say now it is priced at $20K we keep 1 BTC and at the end of the year BTC may go up around $25K and of course $5K is not a huge profit to be proud of in almost 1 year, it's not wrong to keep 0.1 or 1 BTC for a long period of time but think of it as a savings without expecting to get bigger profits except as you said, we has bought BTC at 2 or 3 digit prices in the past of course surely by now maybe we has become rich.

[Nrcewker]

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.

Everything depends on your need and necessity. For some people at current price, the 0.1 BTC will be sufficient for long term. I would say for investment in any asset it’s always good to fund slowly. If not possible, don’t buy 0.1 BTC directly. Use 30% of your salary in investment, 30% for savings and 40% for monthly needs. Follow this 30:30:40 rule and invest accordingly. In this manner for a long term run, you will definitely make good profit. To be honest currently if you have 0.1 BTC, then by the end of the year, if BTC grows then definitely you will make 2.5x times the money. Let’s hope for the best.

[ajiz138]

The more bitcoins that are stored long term the greater the chance of profit in the future, so enough or not is only relative for some people maybe 0.1 BTC is better than nothing then you have to be able to do this with various things to accumulate bitcoins from using DCA or buying Dips depends on your own abilities and expenses because at its core investing in long-term bitcoin is the best solution.

It would be better if you intend to increase your side job so you can accumulate more bitcoins, but you have to realize that in bitcoin it won't be that easy, sometimes we need obstacles to face, starting from fluctuations and unstable prices.

[Furious 7]

"Invest with what you have now and with what you are ready to lose" is what I always keep in my mind, because no matter how much bitcoin you invest, it will still be enough as long as you hold it for a long time. And I think this will be a very good investment for you going forward. As long as you don't sell it when the price is low, you will definitely be able to make a profit in the long term. Trust me it's worth it.

That is something that really needs to be remembered well. we are in a condition where everything is full of risks when we decide we want to be in bitcoin so preparing to lose is definitely something we need to know. The problem is that with the current conditions, we are always focused on quick profits, even though things like this clearly cannot be obtained because this is not something that is instant. It's an investment so it takes time to get good feedback.

[Lanatsa]

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.

#2 option would be the best choice you would make.Come to mind or think that there's no such thing about being enough because we know the potential of Bitcoin that does give out that kind of opportunity
to make money which we know the basic concept that the more the better,right? 0.1 is big for most people but its better that you would be targeting on having 1 BTC at least if ever you could push up
yourself further more.This is why its better to consider on having a side income so that you could be able to accumulate as much as you could.This do really matter on someones approach
and hard work on how they would be handling out their crypto holdings.

[pawel7777]

...Use 30% of your salary in investment, 30% for savings and 40% for monthly needs...

First of all, if you can save up 60% of your income, you're already doing very well (or you live with your parents).

But the advice to "save" fiat money has become obsolete when saving accounts could no longer offer interest rates above inflation.
Sure, every responsible should have some liquid, easy-to-access reserve to cover at least a few months' worth of living expenses, but if you don't like to see your hard-earned money lose its value, you're forced to invest it somehow.

[Silberman]

Alot of people dont realise this but investing in bitcoin or ethereum will never make you rich anymore. It might 2x or 3x but this is not like buying bitcoin at $200 like in 2015 and having it go 345x times your investment. Don't belive all those articles which are saying Bitcoin is gauranteed to go to $1,000,000.

Many believed back in late 2021 that bitcoin will at least go to $100,000. So nobody sold at $69000 and look what happened. When the general population thinks something will happen usually its the complete opposite.

It is true that bitcoin is probably not going to give 100x in a single bull run anymore, but if you are smart about your entry and exit points you can still make a lot of money if you compound your profits over several bull runs, maybe not enough to buy lambos as many people wish for, but if you invest several years of savings then if you can keep investing in bitcoin during the next 2 or 3 bull cycles then accumulating enough money to retire early should be possible.

[Reatim]

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.

[lienfaye]

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.

For me it's already a decent amount and enough to hold for long period. The price can go higher in the future and you can imagine how much profit you can possibly get if that happened. But we're talking about yourself, is that enough for you and are you already contented?

We know the more, the better but as you've said anything more will put you in a tight position and that's the thing that you should avoid. Because you might fail to hold your Bitcoin for long term if you're not financially stable.

[bounceback]

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.

Don't push yourself too hard into investing large amounts of bitcoins if you don't have the capital to buy a unit of bitcoins, I'd say it's better to invest an amount you can afford to lose so you don't get frustrated later if the bitcoin price doesn't move as you expect, especially when we don't it is required to buy a unit of bitcoin when we want to start investing because holding 0.1BTC bitcoin also allows us to get a decent return in the future when the bitcoin price reaches a new ATH.

[Hamphser]

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.

Don't push yourself too hard into investing large amounts of bitcoins if you don't have the capital to buy a unit of bitcoins, I'd say it's better to invest an amount you can afford to lose so you don't get frustrated later if the bitcoin price doesn't move as you expect, especially when we don't it is required to buy a unit of bitcoin when we want to start investing because holding 0.1BTC bitcoin also allows us to get a decent return in the future when the bitcoin price reaches a new ATH.

Investing shouldnt really be a stressful one because it would really just make you desperate when you are trying to reach up for something which you do know that you cant really be able to do it or achieve it.

Each person does have their own financial capacity which means that if you arent that having much then it wont really be necessary on sticking out into those investment targets that you do have in mind.
We do know that we do have different priorities in life which means that expenses are really that different on where it could be a reason on why we do missed out on making investment or sticking into our plans.
If you do see that 0.1 would be enough as a goal then go ahead, no one really stops you on doing so because its your money to be investment not theirs.

[Fesatmas]

Everyone has different abilities with the number of bitcoins that can be owned. You don't need to think whether this is a sufficient amount or not, nor do you need to look at the amount of bitcoins that other people have. Don't push too hard on our ability to own bitcoin, regardless of the amount, the most important thing is that the money is meant for it.
For some people, maybe the amount you hold is a small amount, but for others it is a very large amount. So it comes back to the capabilities that we have.

[retreat]

"Invest with what you have now and with what you are ready to lose" is what I always keep in my mind, because no matter how much bitcoin you invest, it will still be enough as long as you hold it for a long time. And I think this will be a very good investment for you going forward. As long as you don't sell it when the price is low, you will definitely be able to make a profit in the long term. Trust me it's worth it.

That is something that really needs to be remembered well. we are in a condition where everything is full of risks when we decide we want to be in bitcoin so preparing to lose is definitely something we need to know. The problem is that with the current conditions, we are always focused on quick profits, even though things like this clearly cannot be obtained because this is not something that is instant. It's an investment so it takes time to get good feedback.

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.

[Greyhats]

With all types of saving, accumulating, investing even spending you are in charge of making your own decisions. No one can predict the future so asking is it enough is impossible to say with any degree of truth.

I do commend you for setting a goal and going after it, when you accomplish your goal you may want set another goal after. Honestly setting and achieving your first goal is the hardest one, each time after it gets a bit easier. Good luck on your journey

[fzkto]

"Invest with what you have now and with what you are ready to lose" is what I always keep in my mind, because no matter how much bitcoin you invest, it will still be enough as long as you hold it for a long time. And I think this will be a very good investment for you going forward. As long as you don't sell it when the price is low, you will definitely be able to make a profit in the long term. Trust me it's worth it.

That is something that really needs to be remembered well. we are in a condition where everything is full of risks when we decide we want to be in bitcoin so preparing to lose is definitely something we need to know. The problem is that with the current conditions, we are always focused on quick profits, even though things like this clearly cannot be obtained because this is not something that is instant. It's an investment so it takes time to get good feedback.

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.

A long period of time is how long? For example, if someone bought bitcoin two years ago, his profit would be minus now. And we don't know how much longer we would have to wait to actually make any profit. I think that the main thing here is not to wait long, but to be able to buy in time and not to forget to sell later, so that the waiting did not become uncomfortably long.

[CageMabok]

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.

[peter0425]

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.

Don't push yourself too hard into investing large amounts of bitcoins if you don't have the capital to buy a unit of bitcoins, I'd say it's better to invest an amount you can afford to lose so you don't get frustrated later if the bitcoin price doesn't move as you expect, especially when we don't it is required to buy a unit of bitcoin when we want to start investing because holding 0.1BTC bitcoin also allows us to get a decent return in the future when the bitcoin price reaches a new ATH.

1 btc means having a big capital and why need to rush having this when you can accumulate little by little.
for how many years that I have been investing? just recently that I totally accumulate a whole bitcoin(but I have so much in altcoin also) because I diversify mate , that is how I manage in my crypto investment.