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Author Topic: Hope is all I have left  (Read 853 times)
Ketesnuko (OP)
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September 02, 2023, 11:18:25 AM
 #1

For people like us who still struggles to invest money on Bitcoin I want to know if one day, 1 sat can ever cost as much as 1 cent? Is this possible? Sorry I can't afford to dollar cost into Bitcoin like everyone else, it's very hard for me, all I need is hope.

I can only afford to invest into Bitcoin once in two month and that's not every with big money, you should understand my situation, I am too shamed to call a number.

Is there any hope for small Bitcoin buyers like myself? Can 1Sat ever be 1 Cent one day? 

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September 02, 2023, 12:01:33 PM
 #2

From hope to reality. Keep the spirit regardless of the amount invested because from the amount of 1 satoshi we can get 1 bitcoin if we are willing to do it regularly even though what is currently being done is only once every 2 months.
Never feel pessimistic about the bitcoin investment that you are doing. Maybe for the next few days you can invest in large amounts of bitcoin and do it almost every month.

Bitcoin is a good hedge against fiat currencies and you are already at a good stage. Just remember that 1BTC=1BTC.

R


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September 02, 2023, 12:03:06 PM
 #3

For now, we don't know when 1 sat will be equal to 1 cent because we are currently under a bull market and near blockhalving. Maybe you can buy 1 sat again for 1 cent when the bear market starts. But for now, it's impossible to buy 1 sat/1 cents.

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September 02, 2023, 12:19:01 PM
Merited by Don Pedro Dinero (1)
 #4

Maybe you have your priorities wrong? Probably try working on trying to increase your income first before putting in money to bitcoin. Personally — unless you're working up a ladder of a corporate company position, probably try starting a business first? And make sure you have savings for when you unexpectedly get fired or a similarly bad situation.

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September 02, 2023, 12:30:10 PM
 #5

For people like us who still struggles to invest money on Bitcoin I want to know if one day, 1 sat can ever cost as much as 1 cent? Is this possible? Sorry I can't afford to dollar cost into Bitcoin like everyone else, it's very hard for me, all I need is hope.

I can only afford to invest into Bitcoin once in two month and that's not every with big money, you should understand my situation, I am too shamed to call a number.
Don't invest more than what you can not afford to lose, as the saying goes.

If spending money to invest in Bitcoin, makes your life more stressful and at higher risk of losing your money for survival needs, you should not spend money for investment.

Quote
Is there any hope for small Bitcoin buyers like myself? Can 1Sat ever be 1 Cent one day? 
It won't happen, I am sorry if I make you disappointed.

1 BTC is 100,000,000 satoshi.
1 cent is 0.01 dollar.

Do your simple math. At rate of 1 satoshi = 1 cent, 1 BTC will be $1M dollar.

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September 02, 2023, 12:40:54 PM
 #6

For people like us who still struggles to invest money on Bitcoin I want to know if one day, 1 sat can ever cost as much as 1 cent? Is this possible? Sorry I can't afford to dollar cost into Bitcoin like everyone else, it's very hard for me, all I need is hope.

I can only afford to invest into Bitcoin once in two month and that's not every with big money, you should understand my situation, I am too shamed to call a number.

Is there any hope for small Bitcoin buyers like myself? Can 1Sat ever be 1 Cent one day? 

those who invest in Bitcoin are not only those who have a lot of money and they can buy Bitcoin in large quantities.
I'm sure most of those who started investing in Bitcoin by collecting Bitcoin regularly. you can do that too.
If you can buy Bitcoin every two months, then do it regularly. don't care about its current value, and don't think about how long it will take to make a profit. Do it regularly and you will get benefits in the future.
everyone who is currently enjoying success from investing and trading Bitcoin is those who believe in Bitcoin.


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September 02, 2023, 12:46:17 PM
 #7

I can only afford to invest into Bitcoin once in two month and that's not every with big money, you should understand my situation, I am too shamed to call a number.

I don’t know that amount and I really don’t care about how much you use for your investment in bitcoin but as long as you’re consistent with it and you won’t be needing the money anytime soon I’m sure you’ll be able to accumulate a significant amount of money. They are those that heard about bitcoin in its early stage and paid a deaf ear to it and when it got to a higher price they regretted their decision and some also heard about it before it got to its ATH and took no action and still regretted it. While some heard about the profit some made during the ATH and they decided to delve into it and then the price crashed they also regretted it. What I’m trying to say is that no matter the amount you’re using don’t do it because you saw someone else made a good amount from it, invest of any kind requires your patience and also the ability to withstand the though times.

Quote
Is there any hope for small Bitcoin buyers like myself? Can 1Sat ever be 1 Cent one day? 

It might not get to that amount that you truly desire but I’m sure that it will get to an amount that will yield profit to you, and like I said before if you continue to accumulate more coin  no matter how little it might be you’ll surely  rip off your coin i.e if you’re a believer and not a get rich quick person.

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September 02, 2023, 01:27:39 PM
 #8

Can 1Sat ever be 1 Cent one day?  

Based on my view, I will say you are praying for the downfall of bitcoin, because if 1 satoshi can’t be at the rate of 1 cent, so definitely you are just trying to be selfish by owning bitcoin, which is very wrong. If you can go and check the present price of 1 bitcoin and pray for it to drop to the amount you are wishing bitcoin to be, then definitely you are trying to just own some high amount of bitcoin, and the present traders are going to lose a lot of money. Op investment in bitcoin is not something that has been forced on people because in bitcoin you only invest what you can afford to lose, so if you don’t have enough to invest, I will advise you to go and create savings or join hands with other successful companies in your location. After you have enough savings, you can remove what you have saved and what you know you can afford to lose and start treading, but don’t pray for the downfall of others so that you can prosper.
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September 02, 2023, 01:28:25 PM
 #9

Can 1Sat ever be 1 Cent one day?  

If someone were to search the forum for the question you are asking, they would find dozens, if not hundreds, of discussions asking the same question. Recently, someone opened a topic in which he asks just that - and 6 pages of discussion will give you some sort of general view of what the members think about it.

Can 1 satoshi be worth $1 in the future?



Is there any hope for small Bitcoin buyers like myself?

There is always hope, you just don't need to be so focused on just one thing in life, because you might miss an opportunity that could actually change your life for the better. What I want to say is that you cannot expect Bitcoin to save you in such a way that you will live better in x years, even those who have much more money for such investments cannot expect that.

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September 02, 2023, 01:38:00 PM
 #10

Remember Bitcoin isn't a get rich quick scheme, so even you buy Bitcoin once two months with small amount of money and Bitcoin price reach $100K, it's only triple your invested money.

Investment is when you're have good sum of money and you don't know what you should use that money aside than saving, looking at your current condition, it seems better for you to use that money for upgrade your skill to earn more money.

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September 02, 2023, 01:57:18 PM
 #11

1 sat can ever cost as much as 1 cent? Is this possible?
If someone could give you a reason to likely hit it in lets say 20 in the future, would you be willing to hold on that long? While (sorry to say) you can't afford to lose the money you put in. Just spend your bitcoins as needed when you have to. I think bitcoin doesn't want to make someone's situation more difficult and bitcoin can't fix your situation, you have to do it yourself.
What you need to know is that these two types of currencies fluctuate. I've answered "yes" with reasons on similar question before. Even 1 sat could be worth $100 next month if the U.S. economy takes a significant slowdown, but that won't turn you into a millionaire in your own country.

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pooya87
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September 02, 2023, 02:08:00 PM
 #12

I can only afford to invest into Bitcoin once in two month and that's not every with big money, you should understand my situation, I am too shamed to call a number.
There is no need to be ashamed of anything, specially in the current economic situation in the world.
Not to mention that purchasing bitcoin is not the only way to accumulate it. Based on the signature in your profile you have been part of a signature campaign, so you have indeed earned some additional money in form of tokens that you could have converted to bitcoin.
You can still do more jobs like that to earn bitcoin directly instead of buying it too.

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khiholangkang
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September 02, 2023, 02:15:16 PM
 #13

As long as you collect diligently every time you can afford a few sats, you can still get a bigger chance if you do in 5-10 years space, where 1 sat can be a penny or more at that time, so don't be pessimistic in my opinion.
But if you have the mindset of quickly making a profit or getting rich from purchasing bitcoin, don't hope that you will get it, no matter how hard you pray, it is impossible to happen in one night or several months.

Plan for long-term purchases, there is a saying that is right for your situation, accumulate little by little, gradually become a hill.

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September 02, 2023, 02:15:42 PM
 #14

You are doing something not nothing like most in the world.

Are you wasting money on stuff like eating out and cafe's? Alcohol? Can you clean up your budget?

Work, find a higher paying job? Move up? Side hustle? Second job?

It doesn't happen overnight.

Keep your head up
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September 02, 2023, 02:22:29 PM
 #15

If you have hope, there's a lot of ways for you to find ways to earn more money to invest in Bitcoin.
Once in every two months investing in Bitcoin is still an investment, don't belittle yourself, don't compare yourself to other people, because that's the thief of joy, as the saying says. Don't rush yourself, just trust the process and you'll eventually gonna get wherever you wanted.
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September 02, 2023, 02:22:45 PM
 #16

You don't need to worry and, between investment is not a competition rather be a bone of contention were you must invest to please people. Listen investment should come from your heart and not to please people around you or within the forum as they may not bear the risk with you whenever there seems to be dark at your ends.

However, A satoshi to be a cent is something not certain at the main time rather, we need to have patients while we keep growing gradually, meaning you can keep holding any amount you feels like holding at the main time, continue topping your balance shows a strong believer of bitcoin and for sure one day you must be amazed with what numbers you have been able to accumulate all this while.

Naturally no one can give exact results of what you asked even the holders of bitcoin doesn't know what the futures may holds but they are optimistic and hopeful that something good will surely be of bitcoin that's why those people who started bitcoin investment aren't there to see how fair is the price now because if they do know that price will be very amazing today, they wouldn't had sold their bitcoin for some dollars bellow or above not up to thousand dollars.

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September 02, 2023, 02:25:46 PM
 #17

There will always be hope for anyone who believes in his investment and not just hope, but hope is not enough you also have to try even though it is difficult.
Buying Bitcoin every 2 months with a small money as long as it is always consistent it will also produce.
I personally even started from ZERO and did not have any investments, but I tried to find ways to earn dollars in crypto and build my investments.

If you just stay in one place without trying anything else, you won't grow.
Do anything as long as it's good and can generate dollars to help your investment.
Don't expect 1sat=1sen in the near future, it will only waste your time.

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Smeet
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September 02, 2023, 02:53:46 PM
 #18

any opinion on the price of bitcoin reaching 1 million dollars is pure speculation. it may or may not happen, we will just find out in the future years.

For now don't invest into bitcoin thinking the price will go up.
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September 02, 2023, 03:04:11 PM
 #19

For people like us who still struggles to invest money on Bitcoin I want to know if one day, 1 sat can ever cost as much as 1 cent? Is this possible? Sorry I can't afford to dollar cost into Bitcoin like everyone else, it's very hard for me, all I need is hope.
The entire BTC-community would like to know if 1 sat. will ever be worth 1 cent. It is possible if  1 sat. costs 1cent , as @dzungmobile already answered.

Do your simple math. At rate of 1 satoshi = 1 cent, 1 BTC will be $1M dollar.

All you need is not hope but a calculator just look at @dzungmobile's post, who has already calculated everything for you. Smiley

I can only afford to invest into Bitcoin once in two month and that's not every with big money, you should understand my situation, I am too shamed to call a number.
It doesn't matter how often you can invest in bitcoin, once every 2 months or once every two days. Invest as much as you can afford. There are no restrictions or conditions for you here. Act according to your own abilities and don't chase after those who invest big money. Everyone has their own path in investing in btc.

Is there any hope for small Bitcoin buyers like myself? Can 1Sat ever be 1 Cent one day?  
I believe that yes, there is hope, but you will have to stock up on a lot of patience, because bitcoin has not yet reached even 100.000$, let alone 1.000.000$.

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September 02, 2023, 03:13:47 PM
 #20

For people like us who still struggles to invest money on Bitcoin I want to know if one day, 1 sat can ever cost as much as 1 cent? Is this possible? Sorry I can't afford to dollar cost into Bitcoin like everyone else, it's very hard for me, all I need is hope.

I can only afford to invest into Bitcoin once in two month and that's not every with big money, you should understand my situation, I am too shamed to call a number.

Is there any hope for small Bitcoin buyers like myself? Can 1Sat ever be 1 Cent one day? 

If that might happen then for sure it would take a long of time before it reached that value since it might impossible right now. But as you said, you could do invest in Bitcoin every 2 months which is actually good because there's no late and you don't have to rush your money into investment since we all have priorities that we need to sustain like our essential needs.  No need to be ashamed if you're just starting in investment just take your time. Don't lose hope and I hope you're being positive with an action as well like having a budget plan, having a side hustle or job so you can have extra payment and by that you could invest more in BTC.

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