Ultegra134 (OP)
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April 24, 2023, 07:12:26 PM |
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Assuming that you will never be financially strong enough to acquire a whole Bitcoin at this price, it is quite likely that if Bitcoin enfolds its full potential it will only get harder from here to make it to a whole Bitcoin. As I hope that you don't hope for Bitcoin to crash to the ground because then you could perhaps buy a whole Bitcoin, my feeling is that this would be the only way for you to make it 1.0 Bitcoin one day.
It also depends where you live. I think half a Bitcoin can get you quite far if we see another bull run.
I'm not sure how financially strong I'll be in one, two or three years from now but my main point is that the average person is likely to never afford to acquire a whole Bitcoin. Personally, I'm aiming to hold 0.25 by the end of the year, which I'm not sure if I manage to succeed but it's worth a try. You are true OG ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Im also member from 2014 and in total in and out I have around 5 Bitcoin and happened in year 2015-2016 after that I never had single bitcoin again after the bitcoin price reach 20K+ it very hard to even touch 1 Bitcoin at least if I buy with my local currency. 1 Single Bitcoin can buy 1 brand new car or even cheap house in my country so buy it will be hard task hahhaha but thats okay we still have time continue DCA or buy little bit till reach 1 Bitcoin while holding till touch new ATH The most I had acquired in the past was approximately 0.40 BTC, somewhere in 2014 or 2015; I don't exactly remember. It must hurt knowing that you had 5 Bitcoins in the past, but the truth is that there's no point in looking back; you couldn't have known, and the majority of us would probably have sold in the first bull market available. That's more than okay, OP. The idea for most of us regular folks is to just stack as many sats as you can, for as long as you can.
I did get over 1 BTC some years back but was forced to liquidate. And while I've certainly earned many, many coins, it is my income so I have to sell the bulk of what I earn. It's what I can save every now and then that eventually is moved to a cold wallet.
There will be plenty of dips, and crashes, to come. DCA ensures you are positioned to take advantage. You never know...
Certainly, I'm generally satisfied with what I've accumulated so far. There's still a chance to perhaps at least own half of Bitcoin some time in the distant future. There will be more opportunities to come, definitely not like the ones 4-5 years ago, but with enough patience, we might as well succeed.
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Obari
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April 24, 2023, 07:30:43 PM |
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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.
Wow I wish much more people can get to see this post and stop putting themselves under unnecessary pressure and I've always believed that there is no wrong time to invest in Bitcoin and seeing your story@op, I got encouraged because I'm not bothered over how much Bitcoin someone else's has and the only time I go to check the Bitcoin accomodations of others is just to read about the journey of people I see doing well in the industry and trying to learn from them rather than wanting to compete to own a whole portion of Bitcoin. There is nothing wrong with not owning one full Bitcoin and the bitter truth is that not everyone will be able to own 1bitcoin no matter how rich they are and there are alot of rich men who are not involved with cryptocurrency and people stop making it seem like not owning cryptocurrency or Bitcoin is a sin.
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danadc
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April 24, 2023, 07:44:24 PM |
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As a person, you cannot set yourself obstacles, because if that is the case, you will always be Limited,one person can say that to another and I would Feel strongly to say that I will not agree, because it may be that you do not have the means to buy bitcoin right now, but you cannot limit your brain to the fact that you will not have it because you will not have it, on the Contrary, you must think about how to obtain more bitcoin and have that search always, it is the only way to do it, otherwise you will not be able to,be a very positive person.
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carlfebz2
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April 24, 2023, 07:48:28 PM |
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actually whatever we have we are grateful for 0.20 BTC is a great value for now if cashed compared to 5-7 years ago, Wherever you produce btc, it's actually normal, but friends have pressured you before, don't ever go into debt to buy btc, following signatures on this forum will also be able to reach 1 btc if we have patience and persistence
1 BTC out of signature campaigns? It would really be a tough one or simply that cant really be that possible unless if you have joined campaigns on year 2016-2018 then you might be able to accumulate considering that it was still cheap then and each sig camp pays decent amount of bitcoins on the time and if you do able to accumulate coins on that time then it would really be that good to see and possible on making a whole coin but of course we would be likely on spending out those coins because we know that we do have other expenses too. You are true OG ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Im also member from 2014 and in total in and out I have around 5 Bitcoin and happened in year 2015-2016 after that I never had single bitcoin again after the bitcoin price reach 20K+ it very hard to even touch 1 Bitcoin at least if I buy with my local currency. 1 Single Bitcoin can buy 1 brand new car or even cheap house in my country so buy it will be hard task hahhaha but thats okay we still have time continue DCA or buy little bit till reach 1 Bitcoin while holding till touch new ATH DCA if you do have the money and if you are really that serious on accumulating one coin and wont really be that a huge spender or impulsive buyer on things because this is one of the most common behavior on why we dont able to reach out our goals just because we are really that having that kind of behavior on which it isnt a must thing to be done. Also you should really be knowing on how to get contented even though you wont be able to reach out 1 whole coin.
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serjent05
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April 24, 2023, 09:04:40 PM |
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As a person, you cannot set yourself obstacles, because if that is the case, you will always be Limited,one person can say that to another and I would Feel strongly to say that I will not agree, because it may be that you do not have the means to buy bitcoin right now, but you cannot limit your brain to the fact that you will not have it because you will not have it, on the Contrary, you must think about how to obtain more bitcoin and have that search always, it is the only way to do it, otherwise you will not be able to,be a very positive person.
Also, as a person who have goal, we should know the possible obstacles that we will face. We have to plan ahead and think of ways to face these obstacles with ease. I think whether @OP can own 1 whole Bitcoin or not depends on his capacity and dedication. If he had decided himself that he will never have 1 whole BTC, then it will mostly happen but if @OP thinks that he can accumulate whole Bitcoin the that will serve as motivation in his journey to 1 whole Bitcoin. I also agree that we shouldn't limit ourselves of any possible potentials in the future. Even though it may look hard to accumulate BTC but with dedication and willpower, we will able to accumulate it even in a small part.
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Questat
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April 24, 2023, 09:54:51 PM |
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As a person, you cannot set yourself obstacles, because if that is the case, you will always be Limited,one person can say that to another and I would Feel strongly to say that I will not agree, because it may be that you do not have the means to buy bitcoin right now, but you cannot limit your brain to the fact that you will not have it because you will not have it, on the Contrary, you must think about how to obtain more bitcoin and have that search always, it is the only way to do it, otherwise you will not be able to,be a very positive person.
Also, as a person who have goal, we should know the possible obstacles that we will face. We have to plan ahead and think of ways to face these obstacles with ease. I think whether @OP can own 1 whole Bitcoin or not depends on his capacity and dedication. If he had decided himself that he will never have 1 whole BTC, then it will mostly happen but if @OP thinks that he can accumulate whole Bitcoin the that will serve as motivation in his journey to 1 whole Bitcoin. I also agree that we shouldn't limit ourselves of any possible potentials in the future. Even though it may look hard to accumulate BTC but with dedication and willpower, we will able to accumulate it even in a small part. While the price of Bitcoin become expensive, people got it hard to accumulate more, unlike when it was just $100. But it was not because of its current price or because we don't have the motivation to save them. It was noticed that when Bitcoin was also accepted as payment, it was easy for people to use it and spend like fiat money. The behavior of the people changed as the development continue because before we think that Bitcoin is precious than gold but for now, it was just a normal thing - it comes to us and then just passed by.
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dansus021
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April 25, 2023, 02:48:46 AM |
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The most I had acquired in the past was approximately 0.40 BTC, somewhere in 2014 or 2015; I don't exactly remember. It must hurt knowing that you had 5 Bitcoins in the past, but the truth is that there's no point in looking back; you couldn't have known, and the majority of us would probably have sold in the first bull market available.
I never buy Bitcoin back then I only got it from the bounties and the highest bounty that I got is from Lisk which pays me around 2.1 Btc ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) . and yes as an old member like us, it will be very hurtful when we can see today price ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) but just like you have said there is no point in looking back. The best thing is learning from the past ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) . I remember I had to sell all my holdings when Bitcoin price is around ~$500 what a crazy hahaha DCA if you do have the money and if you are really that serious on accumulating one coin and wont really be that a huge spender or impulsive buyer on things because this is one of the most common behavior on why we dont able to reach out our goals just because we are really that having that kind of behavior on which it isnt a must thing to be done. Also you should really be knowing on how to get contented even though you wont be able to reach out 1 whole coin.
There is other way if we don't have money to deposit or to buy the bitcoin by participating bounties like signature and HODL
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jostorres
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April 25, 2023, 04:03:42 AM |
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Most people on earth will never own a whole bitcoin, and that's okay. 21 mln.BTC purely from mathematical calculations are not enough for everyone, especially since whales have a large proportion of them. So you don't stand out in any way (Except that a lot of people don't have 0.2BTC and never will).
The Greeks are still lucky to get $10,000 a year. In many other countries, accumulating 1 whole bitcoin can take 2-3 times longer than yours. Your conditions are not the worst yet.
Not being able to own 1BTC is not the end of the world. You shouldn't dwell on it.
Worrying about past missed opportunities is useless. I prefer to look to the future and I agree that trying to jump beyond your capabilities will not succeed and a balance should be found between investment and comfort.
Considering how much more popular can Bitcoin get in the future and the level of adoption in those times, everyone won't even be able to have any Bitcoin since the supply is not enough for that, and that is what will drive the price too high since the demand will be too high and everyone will be willing to pay a lot of money only to get a small portion of a whole Bitcoin. That is the beauty of Bitcoin, limited supply, and high demand, thus a very high price in the future, unlike altcoins which have almost unlimited supplies and very less demand, and that is the reason why Bitcoin has never got any competition at all.
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Kakmakr
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April 25, 2023, 05:38:40 AM |
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Well, I am here to give you some hope. First of all... the idea was never for everyone to hold one Bitcoin, that is just a pipe dream for many people. You should collect as much as you can and then hoard it, if you are planning to use it as an investment option. So when I started out, the Bitcoin price was around $300 to $400 ....and to be honest, I did not have enough money to buy a lot of coins. I bought small amounts every time the price dropped and then sold them when the price spiked.... and doing that continuously... until I had enough money to buy a few coins. I eventually collected enough to buy a few coins and then sold them for a massive profit at $5000 and then at $18 000 and once again at $55 000.
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Outhue
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April 25, 2023, 06:05:40 AM |
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Those who are selling their stuff to buy Bitcoin are not doing it because of desperation and it doesn't mean they can't afford it, most of them did it because they can afford it, there is a bus driver on YouTube that got rich with crypto in 2017, till date he still sells a few of his cars, Lamborghini and others to buy Bitcoin back, in every Bear market he said.
Bitcoin has never failed to amuse us, if you can sell your stuff to get one Bitcoin and by a year and a half Bitcoin turns to 100k you will be able to buy back your stuff and have many profits left that you can use to change your life. I know it's not a good strategy for many people but it's worth the risk.
My father built his house in 1991 and today the house is not in a very good shape, we the children keep spending money on the house to make it retain its old strong shape, it costs us a lot to renovate, what I am trying to say is properties appreciates over time, the worn out as time goes on, even if you build for business sake, most of the money is going for amendment of the house or property.
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Japinat
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April 25, 2023, 07:17:19 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.
That's actually decent enough, I think you should try to speak about that in-front of investors who have acquired less compared to what you have and surely you will hear some comments that will make you think twice because they envy you more than you envy the other investors. I mean, we all have our own difficulties in life and so as acquiring cryptocurrencies because we felt that we are already behind and haven't boarded the first boat. It may sound cliche to you and to others but this ain't a race my friend. My advise is, you should keep on holding and acquiring if you have any spare funds. Don't compare yourself to others and stop limiting yourself because you'll just be discouraged.
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ektotanes
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April 25, 2023, 07:38:50 AM |
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It's great to have 1 bitcoin in your wallet, but it shouldn't be the goal of a lifetime, you know. You can slowly go to your goal accumulating coins and live a happy life. In fact, most people don't even have 0.20 Bitcoin. It's a good amount.
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jaberwock
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April 25, 2023, 10:54:24 AM |
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This is true- I also regret the time I failed to invest and purchase BTC when its price was barely noticeable. But this is the reason on why we invested in the first place- what if the price of 1 BTC today is considerably cheaper than it will be 5-10 years from now? Better invest now and HODL it for long-term. Do not lose hope as in this kind of venture, anything is possible as the sky is the limit in reaching prices.
Just think of this situation, in a few years from now, anything is possible. Just keep on investing even if it is a relatively small amount and focus on long-term HODLing.
Buying bitcoin at the beginning of his journey was not so easy, we now see how he grew up, and then no one could know this. But in the past, it was possible to buy a few bitcoins for a much lower price than is possible now. Now, to afford to buy one bitcoin, a simple guy like me needs to work very hard, and given the costs of my daily expenses, it will take more than one year. But I like bitcoin, I believe that it will continue to grow in price, so I invest in it and hope for a good profit in the future. I think it is fine to realize that, I mean price is a lot and we may not reach there but at the same time altcoins could make this happen one day too, we need to remember that. I had a friend who already had a few bitcoins, but he made a lot more bitcoins, about 100 to be exact, and he made that thanks to his altcoins investments and he made that happen. This is why it is important to keep in mind that you may not invest a lot and get it there, but you could always end up with a good altcoin investment that could turn into something much bigger as well. I hope that it does happen eventually to everyone and everyone gets richer thanks to some coins and we all live happily, but some will fail while the others will make that work. I hope for that now, I am doing as well as I could in saving category, now I need a good investment.
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Kong Hey Pakboy
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April 25, 2023, 10:54:34 AM |
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It's great to have 1 bitcoin in your wallet, but it shouldn't be the goal of a lifetime, you know. You can slowly go to your goal accumulating coins and live a happy life. In fact, most people don't even have 0.20 Bitcoin. It's a good amount.
Having 1 Bitcoin in your wallet can be one of your greatest achievements, especially at today's price. But for starters and for average people like me, it will really make me happy if I will have a chance to earn 1 Bitcoin a year. But you know that having 0.20 bitcoin is a really good amount, especially if it's your hard-earned money. In life and in crypto, it's okay to dream big and work hard until you get insanely rich, learn to be contented sometimes for you to learn how to save and not lose your hard-earned money in stupid stuff.
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Ultegra134 (OP)
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April 25, 2023, 11:49:58 AM Last edit: April 25, 2023, 12:24:13 PM by Ultegra134 |
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1 BTC out of signature campaigns? It would really be a tough one or simply that cant really be that possible unless if you have joined campaigns on year 2016-2018 then you might be able to accumulate considering that it was still cheap then and each sig camp pays decent amount of bitcoins on the time and if you do able to accumulate coins on that time then it would really be that good to see and possible on making a whole coin but of course we would be likely on spending out those coins because we know that we do have other expenses too.
Sounds impossible, at least nowadays that Bitcoin is worth more than $30,000, a few years ago, I'd say that it was very possible. Personally, it would take me over 6 to 7 more years at best, if you take into account that the price is likely to increase in the following years. Also, as a person who have goal, we should know the possible obstacles that we will face. We have to plan ahead and think of ways to face these obstacles with ease. I think whether @OP can own 1 whole Bitcoin or not depends on his capacity and dedication. If he had decided himself that he will never have 1 whole BTC, then it will mostly happen but if @OP thinks that he can accumulate whole Bitcoin the that will serve as motivation in his journey to 1 whole Bitcoin.
I also agree that we shouldn't limit ourselves of any possible potentials in the future. Even though it may look hard to accumulate BTC but with dedication and willpower, we will able to accumulate it even in a small part.
Nothing to do with being optimistic, I'm just being realistic with the data I currently have, it doesn't necessarily mean that there's no possibility of them changing, however, the parameters that make the acquisition of a whole Bitcoin are many and quite volatile (wages, salary, Bitcoin's price). Those who are selling their stuff to buy Bitcoin are not doing it because of desperation and it doesn't mean they can't afford it, most of them did it because they can afford it, there is a bus driver on YouTube that got rich with crypto in 2017, till date he still sells a few of his cars, Lamborghini and others to buy Bitcoin back, in every Bear market he said.
Bitcoin has never failed to amuse us, if you can sell your stuff to get one Bitcoin and by a year and a half Bitcoin turns to 100k you will be able to buy back your stuff and have many profits left that you can use to change your life. I know it's not a good strategy for many people but it's worth the risk.
I'm talking about a few newer members that claimed that they were selling their own possessions in order to purchase Bitcoin. I'm also supportive of selling and getting rid of items you no longer use or need, but going in extreme measures is unnecessary.
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hitsnorth
Jr. Member
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Merit: 1
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April 25, 2023, 01:45:55 PM |
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It's great to have 1 bitcoin in your wallet, but it shouldn't be the goal of a lifetime, you know. You can slowly go to your goal accumulating coins and live a happy life. In fact, most people don't even have 0.20 Bitcoin. It's a good amount.
Having 1 Bitcoin in your wallet can be one of your greatest achievements, especially at today's price. But for starters and for average people like me, it will really make me happy if I will have a chance to earn 1 Bitcoin a year. But you know that having 0.20 bitcoin is a really good amount, especially if it's your hard-earned money. In life and in crypto, it's okay to dream big and work hard until you get insanely rich, learn to be contented sometimes for you to learn how to save and not lose your hard-earned money in stupid stuff. I agree. 1 Bitcoin is massive and most people won't be able to gather it now even in years and that's fine, not everyone can afford this. I don't even have 0.2, but I'm doing everything to get there and have at least half of a coin before it hits $100k.
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Magic-Money
Jr. Member
Offline
Activity: 409
Merit: 3
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April 25, 2023, 02:28:40 PM |
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Every great things that happened to a man, is a function of information and divine wisdom of understanding, while taken the risk at initial stage to buy Bitcoin with a low price, base on your capital and most not be a complete Bitcoin before investing, but some fraction can be bought and hold for a long term investment, to achieve or get Gain as a cryptocurrency investor.
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ARTEMIS ∞ https://artemiscoin.co (https://artemiscoin.co) ♦ SECURE PLATFORM FOR GLOBAL TRADE ♦
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Rupok
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April 25, 2023, 02:40:35 PM |
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Many people missed the opportunity to buy Bitcoin early on. Although Bitcoin was not well known then.But then the value of Bitcoin was very low like in Satoshi. As the popularity of Bitcoin began to rise, the price began to rise.But later the trend is increasing. Very few people held Bitcoin back then. Little did anyone know then that Bitcoin would one day become known throughout the world. And Bitcoin will be the king of cryptocurrency.Those who held bitcoins at that time became rich. But then the investor unknowingly sold the bitcoins. It was the biggest mistake of their life, otherwise they would be rich today. But nowadays it is very difficult to own a bitcoin.
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Z390
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April 25, 2023, 02:51:32 PM |
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Not many people believe in Satoshi Nakamoto's dream and it's ok, I was one of those who never believe that Bitcoin could do anything noticeable in the world, I know Bitcoin at a very earlier stage but I failed to believe in it, until when it's almost too late, if I had no good amount of money I won't be able to have the amount of Bitcoin I am currently holding right now. My dream is to have more Bitcoin because I don't see how to retire with a good amount of money and wealth if you don't have Bitcoin today, and I doubt there will be a better valuable thing like Bitcoin again, even if there is another it will take another decade to get there and I won't exists anymore anyway.
OP do what is withing your reach, don't chase what you can't get your hands on, some scammers made 135 ETH yesterday from scamming people through a fake meme coin, he rug pulled on the investors, imagine this person bragging that they bought Bitcoin at a very early stage when they steal from others. BUy the amount of Bitcoin you can right now, it will be extremely hard to get 0.5BTC in another 4 years so I don't believe that it's too late.
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🎁 | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . 375% | 200 . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | 🛞 | ☆ | | ☆ | 🛞 | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | ▀▀▀▀▀▀▀▀▀▀ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | ▀▀▀▀▀▀▀▀▀▀▀▀ .U P T O . ▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ .300€ + 50 . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ .F R E E S P I N S . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | 🎁 | |
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Jody.Drummer
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April 25, 2023, 02:58:10 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.
I personally also think the same thing, indeed in this case the desire to be rich is very clear and I am aware of that, but the context for other things also exists, of course. even though we really can't get rich with it, living with enough is already better for me and indeed while I was in bitcoin my life became a little different and that is a fact that is felt by myself. so I don't care about other people's views whether it's about wealth or indeed being here is a bad action, as long as I feel comfortable and my life is fulfilled then I will still be here.
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