jossiel
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April 21, 2023, 11:25:02 PM |
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I agree with what you say, it is absolutely not important or should not be necessary to own a full digit bitcoin.
It is not mandatory to own one bitcoin. But if you've been living on this space or have been part of it for a long time, you'll understand why people are aiming to have one. For many it can probably become a psychological wall to break down to see a figure with so many zeros but in reality it is an excellent exercise to become familiar with the satoshi
It's not that bad to be content with what you've got but it's not that an ambitious thing to think of having more in your own methods that are approved to most.
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dothebeats
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Activity: 3724
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April 21, 2023, 11:25:59 PM |
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It is fine, but it should be one of the goals that you must still have even if it looks and feels like it'll be hard to get that 1 bitcoin. That used to be one of my goals until I attained it. Not having 1 whole bitcoin doesn't make you any less of a bitcoiner. You have the knowledge and the experience in this facet of the economy, and I think that is also something that you can be proud of that not anyone can really have.
You will eventually get that 1 bitcoin when you have more money, but you can't really go back in time to know bitcoin that early on anymore.
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Sarah Azhari
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April 22, 2023, 12:05:54 AM |
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I currently have less than 0.20 BTC, which is still a semi-decent amount for myself, the majority of which are from signature campaigns (huge thanks to Cryptobrainboss and Hampuzz for having me in their campaigns), and I'm totally okay with the idea of never owning a single Bitcoin; it's not the end of the world. So far, I'm earning an important side income through it, while spending time on the forum is like a hobby of mine now. This is what matters most to me.
I am a bit surprised to see you able to collect your week's payment almost 0.2 BTC, I want to learn a lot from you how to collect it and how not to spend it. I admit, I enough difficulty to save my week's payment and always spend it to meet my needs, i tried many ways like storing private keys in hard-to-reach places, but still I have to spend it. So that situation, until I read your thread I feel that the world is finished. I really regret was spend it all to meet my needs, maybe I have to focus to manage my btc salary, like spending it in half and keeping it as saving for the future as you did.
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Don Pedro Dinero
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Merit: 1649
The first decentralized crypto betting platform
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April 22, 2023, 03:45:31 AM |
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The majority of us missed the boat when Bitcoin was cheap, and now acquiring a whole coin isn't affordable anymore. The average wage in Greece is approximately €800 (about €10,000 per year), while Bitcoin's price is at $27,500 as we speak (about €25,000), which means that I will need 2.5 years to acquire the requested amount of money, in the condition of not spending a single Euro, without taking into account any price increases. Thus, purchasing a whole coin would effectively require up to 6 or even 7 years for the average person in Greece.
I currently have less than 0.20 BTC, which is still a semi-decent amount for myself, the majority of which are from signature campaigns (huge thanks to Cryptobrainboss and Hampuzz for having me in their campaigns), and I'm totally okay with the idea of never owning a single Bitcoin; it's not the end of the world. So far, I'm earning an important side income through it, while spending time on the forum is like a hobby of mine now. This is what matters most to me.
To summarize, my point is that many of us won't become rich or earn a great deal of money through Bitcoin, but that's okay; money isn't the greatest goal in life. We missed the early stages, but that doesn't mean that we don't have a chance in the future. There's no need to regret anything, coming from someone who was here during the first years and missed the boat. It's completely unnecessary to stress over how to acquire more and go above and beyond by selling stuff or exceeding the budget you can afford. Stick to what you can afford to spend and stick to that plan; don't go to extreme measures; and remember, there are no guarantees in investments.
Hey my man, I think you have made a reasonable assessment of your financial situation and your life in general, and I agree with that. You have accumulated bitcoin to the best of your ability. This is not about getting rich overnight as if you won the lottery, it's about accumulating bitcoin as you are doing will give you peace of mind and financial security. Now just imagine yourself in a couple of years with the price of bitcoin at €150,000 and you having accumulated a little more, say 0.3 bitcoin. It doesn't give you enough to retire, but it gives you security. Keep at it.
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Despairo
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April 22, 2023, 04:18:21 AM |
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I disagree if you say you will never own a whole Bitcoin, as you mentioned above you've earn through side income and signature campaign, that's possible even though you're need to fulfill your daily life. I think you've use your money to buy unnecessary thing and quite expensive, so that's make you can't save as much as possible. But if you're currently become a sandwich generation, I wouldn't argue anymore because it definitely will make you to spend more money.
After all I like your honesty, not like the other brand new account claiming if Bitcoin saved their life from nothing to own 5 houses, 10 super cars and 5 pretty girls.
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Nrcewker
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April 22, 2023, 05:46:00 AM |
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Don’t worry mate, not only in Greece but in many countries the situation is same. I read your whole post and find out that you have earned those coins. Earning 0.2 Bitcoins is really a great deal. Many people invest a lot in Bitcoins and still don’t able to earn that many profits, but you without investing anything already own some part of this valuable coin. If you can manage to accumulate like this more, then hold it for as long as you can, then at last when the price gets high due to the increase in demand, sell the coin for high price. At last I liked your quality that you are happy with what the amount you have or got.
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lovesmayfamilis
Legendary
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April 22, 2023, 07:16:54 AM |
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I can see your sincerity; posts like this are much more soulful than posts by some newbies screaming that they are building a business thanks to the forum and Bitcoin. There are many people among us who could, but did not, become investors in the early years of Bitcoin. When I tell my loved ones that I had offers to pay for my work in bitcoins a few years ago and that I regret that I did not accept this offer but preferred other payment options, they reassure me. We cannot foresee our future; we must accept and enjoy what we have. In the same way, for you, OP, there may come a moment when you can suddenly get a nice amount. The main thing is to soberly assess your capabilities, but also not to go crazy, recklessly investing all the money, because no one knows the future.
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Zilon
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April 22, 2023, 07:33:20 AM |
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To summarize, my point is that many of us won't become rich or earn a great deal of money through Bitcoin, but that's okay; money isn't the greatest goal in life. We missed the early stages, but that doesn't mean that we don't have a chance in the future. There's no need to regret anything, coming from someone who was here during the first years and missed the boat. It's completely unnecessary to stress over how to acquire more and go above and beyond by selling stuff or exceeding the budget you can afford. Stick to what you can afford to spend and stick to that plan; don't go to extreme measures; and remember, there are no guarantees in investments.
Opportunities come in different form. Bitcoin might not be the solution to becoming rich at the moment for average and low income individuals but yet it is still a sure deal for the rich. The early birds had the best offer from Bitcoin and those who managed to hold saw the power of patience. As it stands no one can tell for sure where Bitcoin is heading to in the next 3 years as such it shouldn't just be about risking what can be affordable but also risking an amount that won't have any useful need in the future. Bitcoin is best appreciated on a very long term goal base. The longer the patience the more rewarding it becomes.
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Pmalek
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April 22, 2023, 07:50:48 AM |
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Just do the best you can and don't bother yourself too much with the amounts. You will never have one full bitcoin, so what? Do you know how many millionaires and billionaires there are in this world? Many of them will never own 1 BTC either because they are scarce and only 21 million units will exist.
Use any amount you have to make your life better and easier. Don't compare yourself to anyone else. Regardless if it's to a person with 100 BTC, or one with 0.001 BTC. It can all turn around in the blink of an eye.
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Zlantann
Legendary
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April 22, 2023, 08:29:16 AM |
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To summarize, my point is that many of us won't become rich or earn a great deal of money through Bitcoin, but that's okay; money isn't the greatest goal in life. We missed the early stages, but that doesn't mean that we don't have a chance in the future. There's no need to regret anything, coming from someone who was here during the first years and missed the boat. It's completely unnecessary to stress over how to acquire more and go above and beyond by selling stuff or exceeding the budget you can afford. Stick to what you can afford to spend and stick to that plan; don't go to extreme measures; and remember, there are no guarantees in investments.
Sometimes we feel sad when we think we lost opportunities to achieve something. I have read some old threads where Bitcoins were given out for free and I also regret that I didn't locate this forum on time. For you OP you indeed missed a great opportunity but I know you have been blessed with so many things that are greater and better than money. So many millionaires committed suicide because they lacked so many things that money cannot buy. For me, I have been blessed with a good family that showers me with so much love and care and I cherish this affection more than riches. But I am sure that we are not still late in the Bitcoin journey because we still have a long way to go. And there are still millions of people that will regret not joining the Bitcoin space.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Merit.s
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April 22, 2023, 08:40:39 AM |
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Striving to have one bitcoin shouldn't be what anyone is thinking of because there are other investment that one can still invest in and not only on bitcoin. Money isn't everything in life,having the little that you can acquire and sell at your targeted price will still benefit us. If you sell almost all your property to acquire bitcoin, what happens after you have sold it. It means that you will continue selling more properties to acquire bitcoin when the time is close to the bull run. I don't buy bitcoin,neither have I sold anything to purchase it. All I do is to keep on accumulating my signature campaign bitcoin till when I feel that it is time for me to sell some fraction of it.
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Inwestour
Legendary
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April 22, 2023, 09:03:42 AM |
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To summarize, my point is that many of us won't become rich or earn a great deal of money through Bitcoin, but that's okay; money isn't the greatest goal in life. We missed the early stages, but that doesn't mean that we don't have a chance in the future. There's no need to regret anything, coming from someone who was here during the first years and missed the boat. It's completely unnecessary to stress over how to acquire more and go above and beyond by selling stuff or exceeding the budget you can afford. Stick to what you can afford to spend and stick to that plan; don't go to extreme measures; and remember, there are no guarantees in investments.
The right thoughts, I adhere to this concept, everything should be a pleasure, first of all, we should make our life comfortable, provide the family with everything necessary, and only after that think about investments. If you have a strong desire to buy more bitcoin in a bear market, then you can always find additional opportunities to earn money, but this should also not be a burdensome undertaking for you. Many here missed the opportunity when bitcoin was much cheaper, but I'm sure that the adoption of bitcoin is still ahead and this will allow it to reach a new level. 1 BTC is a great target for anyone who doesn't own a whole coin yet, but it's something to aim for.
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Sayeds56
Copper Member
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stead.builders
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April 22, 2023, 10:21:18 AM |
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To summarize, my point is that many of us won't become rich or earn a great deal of money through Bitcoin, but that's okay; money isn't the greatest goal in life. We missed the early stages, but that doesn't mean that we don't have a chance in the future. There's no need to regret anything, coming from someone who was here during the first years and missed the boat. It's completely unnecessary to stress over how to acquire more and go above and beyond by selling stuff or exceeding the budget you can afford. Stick to what you can afford to spend and stick to that plan; don't go to extreme measures; and remember, there are no guarantees in investments.
I agree with your opinion that becoming a rich person is not ultimate goal of life, there are many more factors that can make you happy and satisfied, such as engaging in social works to help needy people can also make you feel sense of purpose and satisfaction. Regarding Bitcoin, you are right that in stead of regretting over missed opportunities to buy Bitcoin in early day when its price was at few dollars, we should explore new opportunities to accumulate Bitcoin with a workable plan within your financial capability, and adhere to it to achieve goal of financial stability without taking undue risk and exceeding your financial limits.
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sokani
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April 22, 2023, 11:15:25 AM |
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Most persons here missed the opportunity to grab bitcoin early at cheaper prices, and some persons might have been taking advantage of the bear market and be buying to achieve their goal of having 1BTC. I know having 1BTC might come with some sorts of special feeling, and I'm not saying you should give up but I believe in life anything is possible. While you've not been able to achieve this via signature campaigns and buying, you never can tell, you can actually hit a fortune and decides to invest in bitcoin and finally actualizes your dream of having 1BTC.
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Ultegra134 (OP)
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April 22, 2023, 11:29:55 AM Last edit: April 22, 2023, 03:26:19 PM by Ultegra134 |
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As a newbie, then, if you had just stuck around a bit, I believe you would not have missed out on at least buying Bitcoin at a very affordable price of just about $800–$320 for 1 bitcoin. but again, you probably would have sold when the price was bullish in 2018.
Some people had the money to invest in Bitcoin in the early days, but they were not informed; they lacked the knowledge of Bitcoin then, and their regrets today are that they would have made a lot of profit if they had bought them and held them until now. Despite the fact that the Bitcoin price today is so high, like you explained to the minimum wage in your country, if you still believe in the vision of accumulating 1 Bitcoin, you will definitely archive it one day, even if it takes you 4 or 5 years to do so. Just gradually buy and hold. Also, the DCA strategy has helped some people accumulate a significant fraction of Bitcoin.
That's exactly my though, but I've stopped thinking about it since as you've already mentioned, I would have sold somewhere between 2017 and 2018, or even earlier. It's true, money isn't everything, but everything needs money even in larger amounts when inflation continues to rise. Many people failed to take advantage of the opportunities in the market when the bitcoin price was very low in the past. Inexperience, lack of optimism, and price uncertainty have kept people from buying them a lot. But that's not a problem because it's better to have 0.xx than nothing.
That's unfortunately true, I'm also struggling with the increasing inflation and I understand your point. The most I regret the most because it was all on me was giving up on the forum in 2018. Mate, don't worry about how many bitcoin you have right now, but worry about when you have nothing to invest. Even if you missed the best times to buy bitcoin at cheap price, you don't have to regret it now. The real regret is if you have nothing now because you have known bitcoin since almost 10 years, but you are still lucky to own 20% of 1 bitcoin.
If you are consistent to invest, then I'm sure sooner or later you will get it, even if you have decent income, then try to accumulate during this correction. It's an opportunity to buy more bitcoin before the halving, and hold them until a new ATH.
I actually don't worry anymore, I'll accumulate as much as possible and whatever happens. I'm generally satisfied with my small but meaningful portfolio that I've developed throughout these years, despite not taking advantage of many opportunities that I came across. I don't own 0.20 BTC yet, but I'm hoping that I will soon enough. I am a bit surprised to see you able to collect your week's payment almost 0.2 BTC, I want to learn a lot from you how to collect it and how not to spend it.
It's actually quite simple, don't spend it. Leave it in your wallet and don't even open it. Actually, I don't even have access to my wallet right now, nor the computer that provides access to it. I can see your sincerity; posts like this are much more soulful than posts by some newbies screaming that they are building a business thanks to the forum and Bitcoin. There are many people among us who could, but did not, become investors in the early years of Bitcoin. When I tell my loved ones that I had offers to pay for my work in bitcoins a few years ago and that I regret that I did not accept this offer but preferred other payment options, they reassure me. We cannot foresee our future; we must accept and enjoy what we have. In the same way, for you, OP, there may come a moment when you can suddenly get a nice amount. The main thing is to soberly assess your capabilities, but also not to go crazy, recklessly investing all the money, because no one knows the future.
Thank you, so far, despite the lost opportunities, I'm pretty satisfied with my journey. I may acquire one Bitcoin in the future, or possibly not, but that's okay, I appreciate what I have and what opportunities have been presented to me. Just do the best you can and don't bother yourself too much with the amounts. You will never have one full bitcoin, so what? Do you know how many millionaires and billionaires there are in this world? Many of them will never own 1 BTC either because they are scarce and only 21 million units will exist.
Use any amount you have to make your life better and easier. Don't compare yourself to anyone else. Regardless if it's to a person with 100 BTC, or one with 0.001 BTC. It can all turn around in the blink of an eye.
Indeed, I've stopped bothering and I'm okay with the concept of not acquiring a whole Bitcoin anytime soon or anytime in the future. I'm happy with what I have.
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Z-tight
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April 22, 2023, 11:34:12 AM |
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Now that the next BTC halving is less than a year away, i believe many people would wrongly become concerned about the amount of BTC's they have in their wallet, they'll try to sell some of their properties or borrow money to increase what they have in their wallet, many other people who do not have anything at all in their wallet and do not know too much about BTC would also want to buy some for themselves, because everyone thinks that after the halving they will immediately become so rich.
People should cut down on their investment and only invest money they feel they can lose, neither is borrowing or collecting loans a good way to buy BTC, for people that have the knowledge they would know that dca is the best way to buy BTC, and they will start doing it early, waiting for a few months before the halving to invest most of your savings is a bad choice.
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Gallar
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April 22, 2023, 12:08:31 PM |
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I understand and understand what you are trying to convey in your post, because I also felt the same way when I first got to know bitcoin. I got to know bitcoin, at the end of 2021, at that time I knew bitcoin from my brother and from my neighbors. Because at that time I often gathered with them, I happened to be unemployed at that time, due to Covid 19. At that time I was very short of money, I just survived and tried to save money with the remaining savings. once upon a time my friends and sister offered something interesting, namely about bitcoin. At that time I asked them a lot, what is bitcoin, and what is it used for. It turned out that without me knowing, my friend and brother had been investing in bitcoin for quite a long time. And the two of them at that time could already be considered successful, at first I thought that success was purely from their usual work, even though most of the results came from investing in bitcoin.
After that incident, I started researching bitcoin myself, I learned from the basics about bitcoin / crypto, about two months more. After I quite understand how it works, I have a problem, namely capital. When I was confused, whether to continue, or stop because I had no capital. But I decided to continue, until I found this forum, but I wasn't registered at that time, after that I started working again, and got another monthly salary. if I'm not mistaken, my salary at that time was around $110 in dollars, and from that money I started buying bitcoins, not much, once a month I set aside my money in dollars, around $30. And the habit is still running today, I continue to buy bitcoins, even with that much money.
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Dr.Bitcoin_Strange
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April 22, 2023, 01:01:01 PM |
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because everyone thinks that after the halving they will immediately become so rich.
People should cut down on their investment and only invest money they feel they can lose, neither is borrowing or collecting loans a good way to buy BTC, for people that have the knowledge they would know that dca is the best way to buy BTC, and they will start doing it early, waiting for a few months before the halving to invest most of your savings is a bad choice.
LOL, is funny how some people are ruled by greed. Some are selling real property to rush into Bitcoin without even taking a seconde to think about risk and if maybe the market becomes volatile and the price is falling, they may not be able to hold any longer so they may be forced to sell. I have seen someone that bought a coin, after he lost by almost 70 % due to price dump, he just sold, when I asked him why he sold at that very big loss and he said instead of him to lose everything, he just had to sell to avoid lossing everything, lol, very funny. Is not really a bad idea to sell some properties to buy Bitcoin, but some people are doing it out of greed, they just want to turn rich over night or even within a short time, after conceiving that rich feeling in their mind, they become blinded that they don't even care to know the risks involved and even if some people would sell a property or take loan to invest, they don't do the DCA because they don't really even know how it works. Not even as if they sell some of their property and still reserve some, most of this people are selling everything and at same time they my still fall in the category of selling under pressure of market manipulation. Just as you have mentioned that some will want to buy Bitcoin because they are aware that halving is close, you are correct because that's what some people will do, specially some greedy newbie outside this forum.
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gunhell16
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April 22, 2023, 01:57:23 PM |
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To summarize, my point is that many of us won't become rich or earn a great deal of money through Bitcoin, but that's okay; money isn't the greatest goal in life. We missed the early stages, but that doesn't mean that we don't have a chance in the future. There's no need to regret anything, coming from someone who was here during the first years and missed the boat. It's completely unnecessary to stress over how to acquire more and go above and beyond by selling stuff or exceeding the budget you can afford. Stick to what you can afford to spend and stick to that plan; don't go to extreme measures; and remember, there are no guarantees in investments.
As you try to invest and get bitcoins, you still have to try to enjoy your life and not go to extreme measures to get bitcoins. We should be happy with whatever amount of bitcoins that you can get and keep and not focus on the portfolio of others that you hear are bigger than yours, so you do not do the extreme to get bitcoins or even die in the process of trying to sacrifice some things just so you can get bitcoins. Acquiring bitcoin is good, but you should have a life while trying to gather bitcoins. That's how it should be, to enjoy every day that we have in our lives, and then if we are long-term investors we won't see if the value of Bitcoin increases, we should every time we have the opportunity to buy Bitcoin let's make it save. Because we know that Bitcoin's future is really good and a lot of people are really expecting it, so probably the 100k$ that most people expect can be more than that when the bull run starts.
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merekamo
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April 22, 2023, 02:09:57 PM |
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The true that many people missed out on the early stages of Bitcoin when it was cheap and could have potentially made huge profits. But that doesn't mean that it's not worth investing in Bitcoin now.
In my opinion, it's important to remember that investing in anything always carries risks and no investment is guaranteed to make you rich. It's also important to remember that money isn't the be-all and end-all of life.
For me, there are many other things that are more important than just making money, such as spending time with loved ones, pursuing hobbies, and making meaningful contributions to society.
With that being said, I do think that it's important to have a plan when it comes to investing in Bitcoin or any other asset. I suggest that people should invest only what they can afford to lose and stick to that plan.
Going to extreme measures, such as selling personal belongings or exceeding one's budget, is not a wise decision and can potentially lead to financial hardship. I also think that it's important to do thorough research before investing in anything and not to blindly follow others' claims or stories.
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