Enough?

[fullhdpixel]

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.

I'm a believer of facts and stats, so I wouldn't blatantly say things which are based solely on assumptions and not on current affairs and stats. If Bitcoin lives 20 more years, which is not that big of a period and it surely will, then bear in mind that it won't be alone. Maybe not a match for Bitcoin, but some altcoins like ETH are also worth something especially if you are active and knowledgeable about DeFi, GameFi, NFTs and any other sectors that are born recently but have become reasons for the speedy spreading of blockchain technology in the world.

I don't think Cristiano Ronaldo would ever think of partnering up with an exchange and let his huge fan following know about blockchain and digital collectibles if it wasn't because of NFTs.

So, even though Bitcoin is the largest and the most popular one, other cryptocurrencies also have some utility and importance in the wide world of blockchain technology.

[1715586115]

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[1715586115]

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[Wiwo]

To a lot of people, 0.1 Bitcoin may be a lot of money and is enough investment amount and if properly managed it can amount to something substantial in the future because no one can tell the direction Bitcoin price is heading in the future.
-Take if you hold that amount of Bitcoin and in the next few years, bitcoin reaches $200,000 which is alot of accumulated profits for Bitcoin.
-When it comes to investing in bitcoin, it should be on a long-term basis, and the amount of accumulation in dollars cost does not matter, and what matters are the future price and the timeframe you can hold before considering selling.

[Raflesia]

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.

When I see conditions like this, I think that everything must go back to ability because indeed I always remember about the many people who say about investing as much as you can.
This is true because indeed if we always put forward conditions where we are greedy this can actually be good but we also don't need to force our will if we really can't do something like that because indeed it will only torture ourselves so do as much as you can when investing.

[pawel7777]

To a lot of people, 0.1 Bitcoin may be a lot of money and is enough investment amount and if properly managed it can amount to something substantial in the future because no one can tell the direction Bitcoin price is heading in the future.
-Take if you hold that amount of Bitcoin and in the next few years, bitcoin reaches $200,000 which is alot of accumulated profits for Bitcoin.
-When it comes to investing in bitcoin, it should be on a long-term basis, and the amount of accumulation in dollars cost does not matter, and what matters are the future price and the timeframe you can hold before considering selling.

What do you mean by "properly managed"? Investment in BTC is not supposed to be managed, just keep the custody and keep your keys secure.
And true to be told, even know anything is possible, it's very unlikely that BTC0.1 will be "enough".
OP didn't bother to properly explain what he meant by this, but if we assume that "enough" means achieving financial independence (i.e. being able to retire early), then we have to consider that BTC cannot sustain its past levels of growth (quite obviously). Even if it goes x10 (meaning it would roughly match the current global market cap of gold), the OP's investment would be worth ~$24k. Not enough to retire even in the poorest of the 3rd world countries.

[Wiwo]

()

What do you mean by "properly managed"? Investment in BTC is not supposed to be managed, just keep the custody and keep your keys secure.
And true to be told, even know anything is possible, it's very unlikely that BTC0.1 will be "enough".
OP didn't bother to properly explain what he meant by this, but if we assume that "enough" means achieving financial independence (i.e. being able to retire early), then we have to consider that BTC cannot sustain its past levels of growth (quite obviously). Even if it goes x10 (meaning it would roughly match the current global market cap of gold), the OP's investment would be worth ~$24k. Not enough to retire even in the poorest of the 3rd world countries.

Proper management means a lot of thimgs and by saying that I mean the ability of ops not to panic at whatever market situation by building a good knowledge that could guarantee financial independent thoughts outside market speculation and fuds.
-0.1BTC may not be enough for someone to have a good financial life in any part of the world with the current global I inflation rate, but then if the price and amount accumulated to $24k you mentioned and ops is smart enough with that amount he can build a good and sustainable life but it requires a lot of hard and diversification's for that to be achieved.

[Quidat]

To a lot of people, 0.1 Bitcoin may be a lot of money and is enough investment amount and if properly managed it can amount to something substantial in the future because no one can tell the direction Bitcoin price is heading in the future.
-Take if you hold that amount of Bitcoin and in the next few years, bitcoin reaches $200,000 which is alot of accumulated profits for Bitcoin.
-When it comes to investing in bitcoin, it should be on a long-term basis, and the amount of accumulation in dollars cost does not matter, and what matters are the future price and the timeframe you can hold before considering selling.

0.1 would really be that huge in most people who are living on 3rd or developing countries on which even trying out to save on that portion cant really just that be so easy and this is why its
really that depending since not all would really be that financially capable on doing so but its not really that bad to make out some goals or you are setting plans specially on your Bitcoin holdings.
We do have different approach and actions to be made in life, even though its not something simple basing on what situation or status you do have now but it doesnt
mean that you should be stopping on wishing and hoping on reaching those goals you do have in mind.

[pawel7777]

Proper management means a lot of thimgs and by saying that I mean the ability of ops not to panic at whatever market situation

Fair enough. I thought you meant investing that btc with 3rd parties to earn yield etc. Which is not necessarily a good idea.

-0.1BTC may not be enough for someone to have a good financial life in any part of the world with the current global I inflation rate, but then if the price and amount accumulated to $24k you mentioned and ops is smart enough with that amount he can build a good and sustainable life but it requires a lot of hard and diversification's for that to be achieved.

Sure, but my point still stands. That hypothetical $24k is not enough to retire (if that's what OP meant). He would have to use that money to kick off some other project that either provides him a regular income or to multiply that into a more significant amount.

[Popkon6]

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

Calculating bitcoins your assets are currently running at 0.1 = $2400. So you can feel free to do the following.
This 0.1 Bitcoin of yours means have you thought about how much wealth it will become in the future. You save a hardware wallet by holding it for the long term. Of course, by 2024, the value of this Bitcoin will be much higher, then your wealth will have gained 5-10 times. So you save the bitcoins by making a holding system for long term which will give you better income in future.

[DanWalker]

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.

I'm a believer of facts and stats, so I wouldn't blatantly say things which are based solely on assumptions and not on current affairs and stats. If Bitcoin lives 20 more years, which is not that big of a period and it surely will, then bear in mind that it won't be alone. Maybe not a match for Bitcoin, but some altcoins like ETH are also worth something especially if you are active and knowledgeable about DeFi, GameFi, NFTs and any other sectors that are born recently but have become reasons for the speedy spreading of blockchain technology in the world.

I don't think Cristiano Ronaldo would ever think of partnering up with an exchange and let his huge fan following know about blockchain and digital collectibles if it wasn't because of NFTs.

So, even though Bitcoin is the largest and the most popular one, other cryptocurrencies also have some utility and importance in the wide world of blockchain technology.

To talk about altcoin, apart from Ethereum, I almost did not see any altcoin with utility or can be used to apply in practice as they advertise. What I see in the Altcoin market right now are pumping and dumping, nothing more than that. I do not deny that the cryptocurrency industry wants to develop, it will need altcoins, but now it is not the time to trust them, all is just a hyped and disappearing game. Crypto is still a more speculative market than creating the technologies of the future we still think.

[milewilda]

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

Calculating bitcoins your assets are currently running at 0.1 = $2400. So you can feel free to do the following.
This 0.1 Bitcoin of yours means have you thought about how much wealth it will become in the future. You save a hardware wallet by holding it for the long term. Of course, by 2024, the value of this Bitcoin will be much higher, then your wealth will have gained 5-10 times. So you save the bitcoins by making a holding system for long term which will give you better income in future.

If you do tend to read up again on what he had said on which he's targeting out on having 0.1 btc target or goal basing up on what he's earning now which those are assumed amounts of btc that he's aiming or he's capable with on saving it up.Actually its not a small amount for most people and its never been bad to have this set goal because we do know that not each corner of the world does have a good pay when it comes to day jobs that we are dealing with.If you do see that these are the amounts which you are good into saving up totally then its not bad as long you do set up goals.
The more the better though so having some extra time on dealing with other income sources could really give out the chance to accumulate more.

[pawel7777]

To talk about altcoin, apart from Ethereum, I almost did not see any altcoin with utility or can be used to apply in practice as they advertise. What I see in the Altcoin market right now are pumping and dumping, nothing more than that. I do not deny that the cryptocurrency industry wants to develop, it will need altcoins, but now it is not the time to trust them, all is just a hyped and disappearing game. Crypto is still a more speculative market than creating the technologies of the future we still think.

Crypto trading 101: Hopes and promises of a bright future sell way better than actual utility.

And if you consider ETH to have utility, then you have to admit the same for other similar networks like Binance Smart chain, Polygon or Avalanche.

This thread has now over 100 replies and OP is apparently not interested in engaging in his own discussion. So if anyone is interested in giving OP any advice - don't.

[Cryptomiles1]

With all humanity 0.1 btc is almost or 10% of 1 bitcoin and you invested what you think can be afford to lose by you. Investment doesn't connotes you should impressed people around or seeking for you to go against what you can't afford to lose, as as a matter of consideration, you don't have to because you already have a total of 10% of 1 bitcoin and to me you could start from there first and hold then on your own if you feels your not satisfied holding that percentage then you could increase to the next level and continue your holdings. Your investment packages may not be same as mine or my as same as yours neither to anyone here.

[rat03gopoh]

Enough or not depending on how high your dreams about:
- how high the bitcoin price will reach.
- how much you want something with bitcoin even though the value of the investment is quite high for the average ppl.

When it comes to greed, what I know is that humans are never enough. They'll place regret in any situation.

[LittleBitFunny]

When it comes to greed, what I know is that humans are never enough. They'll place regret in any situation.

This is the truth, our greed never bottoms, when there is nothing, we think 0.1 BTC is huge, but when it is achieved, it is not enough, and wants to get a larger number. I also dreamed of 0.1 BTC, but when I got it, I wanted 1 BTC, and I still haven't stopped my goal. Depending on each person's economic situation, we can set different goals, no need to follow others. 0.1 btc is sometimes nothing to the rich, but it is already a huge asset to the poor.

[Ryu_Ar1]

Enough or not depending on how high your dreams about:
- how high the bitcoin price will reach.
- how much you want something with bitcoin even though the value of the investment is quite high for the average ppl.

When it comes to greed, what I know is that humans are never enough. They'll place regret in any situation.

With this condition, it is clear that regardless of what goals are to be achieved, but when connected with greed, the goals will continue to grow and grow.
What I feel is that when I have obtained the previously planned target I will try with a new target again and again as long as the target is exceeded then indeed the condition will continue like that which indicates that greed is clearly still there.

[Dave1]

When it comes to greed, what I know is that humans are never enough. They'll place regret in any situation.

This is the truth, our greed never bottoms, when there is nothing, we think 0.1 BTC is huge, but when it is achieved, it is not enough, and wants to get a larger number. I also dreamed of 0.1 BTC, but when I got it, I wanted 1 BTC, and I still haven't stopped my goal. Depending on each person's economic situation, we can set different goals, no need to follow others. 0.1 btc is sometimes nothing to the rich, but it is already a huge asset to the poor.

Yes, and you can achieved that 0.1 BTC maybe in 6 months or less if you dedicated yourself to invest small amounts every week.

And then when you reaches that goal, then start all over again, the halving is like more than a year from today, a lot of times to purchase at the current price, still very cheap in my opinion. And then we continue to save again and again, and this cycle should continue so that like the rest of us, we want to be financially stable and have that freedom and make our life easier because of our bitcoin investment.

[darewaller]

Enough or not depending on how high your dreams about:
- how high the bitcoin price will reach.
- how much you want something with bitcoin even though the value of the investment is quite high for the average ppl.

When it comes to greed, what I know is that humans are never enough. They'll place regret in any situation.

If we invest a big amount of money, we can expect a greater return even if Bitcoin didn't reach a big amount but for the person like the OP whose maximum potential is only 0.1BTC, they may need to adjust in terms of waiting. This is the only disadvantage here if they if ever they want to earn big with that tiny amounts they invested with.

Amounts like that will still look big in the eyes of those poor people so the OP should still be proud if he can be able to achieve that value because for others it will be almost impossible for them to accumulate it. I don't see a greedy mindset with the OP because being greedy means you don't set any limits.

[Hypnosis00]

Enough or not depending on how high your dreams about:
- how high the bitcoin price will reach.
- how much you want something with bitcoin even though the value of the investment is quite high for the average ppl.

When it comes to greed, what I know is that humans are never enough. They'll place regret in any situation.

It is very important that we know our limitations, if that 0.1BTC is enough for us, then we don't need to add more because this might bring in trouble. Because it is not all about the capital, in fact, rich people can buy more Bitcoins but they choose not due to the risk in crypto and it was not manageable. That is why they keep only the amount that they can afford to lose and stick to it. This also applied to all of us and much more to small investors.
Indeed, greed makes something terrible to us and we don't want it...

[Oilacris]

Enough or not depending on how high your dreams about:
- how high the bitcoin price will reach.
- how much you want something with bitcoin even though the value of the investment is quite high for the average ppl.

When it comes to greed, what I know is that humans are never enough. They'll place regret in any situation.

It is very important that we know our limitations, if that 0.1BTC is enough for us, then we don't need to add more because this might bring in trouble. Because it is not all about the capital, in fact, rich people can buy more Bitcoins but they choose not due to the risk in crypto and it was not manageable. That is why they keep only the amount that they can afford to lose and stick to it. This also applied to all of us and much more to small investors.
Indeed, greed makes something terrible to us and we don't want it...

We know that there's no such thing about being enough because the more the better as always knowing that its really just part of human instinct on having that want on earning more.
If you do set out those targets then its not bad because its never been that bad on having those goals and targets in mind which you would really be inspired on doing all sorts of things
just for you to reach it out.

There's no such thing about enough and its not bad to be greedy because this would be pushing you to work hard even more but of course everything should be
in good control and moderation if you do like things to be still on path.

[Oasisman]

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 would be fine, depends in what country you're in and how much longer you're willing to hold. That also depends if the value of that Bitcoin can be sustainable during the time you decide to withdraw it, but to be more safer, especially during retirement, you should at least accumulate 1 Btc. Though it may sound a very hard thing to achieve, but you could always try and exceed that 0.1 target of yours.