They accumulate bitcoin but how about you?

[Baofeng]

In the coming years, collecting 1 Bitcoin may be difficult, so try not to sell as long as you have the option.

We do not have to wait for years, collecting 1 Bitcoin for an ordinary Joe is difficult even now.  The price of BTC is really high @$36k+ and that is worth a million in my currency.  The ordinary wage of a minimum earner in my country is around $11 a day, so just imagine how long it will take for an ordinary employee to buy the whole Bitcoin that costs around $36k+.

Yes, for the majority of us, it's really hard to accumulate 1 BTC in our wallet, it will take a lot of time and mental toughness to slowly save that amount. But it doesn't mean that we can't go on and accumulate in our own terms.

It might not be thru DCA, but there could be methods like just buying when we have the money. Or maybe like half of our Christmas bonus will be on Bitcoin investment. As long as we have this in mind, and look for the long term, then maybe 0.25 BTC is already huge for us.

And if there is one website that might inspire us,

https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

At least we will see where we are in terms of statistics and then have a goal to reach the next numbers.

[GbitG]

This is just proof that bitcoin is still a big attraction in terms of long-term investment.

Yes, you are absolutely right that this is evidence that Bitcoin has attracted the eyes of the world to long-term investment. Apart from these exchanges, the big institutional ones have also broken into Bitcoin for long-term investment. Earlier, most of Bitcoin's capital was held by whales, but now exchanges, companies, and institutions have also held a large share. And that is a very interesting reason why Bitcoin is held by major exchanges and institutions from a long-term perspective. Which is positive feedback for the future and for Bitcoin, for the adoption of Bitcoin all over the world.
 

You can follow them to buy bitcoins and a good way to do this is Dollar Cost Averaging

Obviously, everybody knows that buying bitcoin with DCA is a good strategy. Because DCA provides more benefits than other methods, DCA reduces your risk and gives you a better opportunity to take an entry in Bitcoin or other cryptocurrency.
Personality: I also used the DCA strategy to take an entry into the market, which is Bitcoin or another cryptocurrency.

I mean to say that DCA is a far better strategy than others and also has a greater advantage for long-term investors.

[jeraldskie11]

In the coming years, collecting 1 Bitcoin may be difficult, so try not to sell as long as you have the option.

We do not have to wait for years, collecting 1 Bitcoin for an ordinary Joe is difficult even now.  The price of BTC is really high @$36k+ and that is worth a million in my currency.  The ordinary wage of a minimum earner in my country is around $11 a day, so just imagine how long it will take for an ordinary employee to buy the whole Bitcoin that costs around $36k+.

Yes, for the majority of us, it's really hard to accumulate 1 BTC in our wallet, it will take a lot of time and mental toughness to slowly save that amount. But it doesn't mean that we can't go on and accumulate in our own terms.

It might not be thru DCA, but there could be methods like just buying when we have the money. Or maybe like half of our Christmas bonus will be on Bitcoin investment. As long as we have this in mind, and look for the long term, then maybe 0.25 BTC is already huge for us.

And if there is one website that might inspire us,

https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

At least we will see where we are in terms of statistics and then have a goal to reach the next numbers.

Even 0.1 is a significant amount for me in terms of Bitcoin accumulation. It's never been easy to accumulate Bitcoin, especially when our money is sufficient for our everyday necessities. That is why, if we believe in Bitcoin, we can invest in it even if we do not have a large salary. Another way to earn 1 Bitcoin quickly is to accumulate other coins, coins that are highly legit and promising with a high market cap, because this coin has the potential to increase by 100% or more. So, if we have 0.1 Bitcoin, we can double it or more by investing it in other currency. I will convert to Btc as soon as it is worth 1 Btc.

[taufik123]

Yes, you are absolutely right that this is evidence that Bitcoin has attracted the eyes of the world to long-term investment. Apart from these exchanges, the big institutional ones have also broken into Bitcoin for long-term investment. Earlier, most of Bitcoin's capital was held by whales, but now exchanges, companies, and institutions have also held a large share. And that is a very interesting reason why Bitcoin is held by major exchanges and institutions from a long-term perspective. Which is positive feedback for the future and for Bitcoin, for the adoption of Bitcoin all over the world.

But as centralized exchanges increasingly own more Bitcoin than they hold, this could be a government tool to regulate Bitcoin and the crypto market.
Just look at how the US regulates Binance and in the end has to change CEO and has to reimburse quite a lot of fines.

Companies and some other institutions are bound to get shadows from local governments about their Bitcoin holdings.
But it is different if an individual has a lot of Bitcoin, and they will not know their identity.

Despite all that, Bitcoin is a good investment for the long term.
Companies and agencies are competing with each other to own a lot of Bitcoin, and that will give them huge profits.
But the concern and risk is the hacking event that might happen, bad things that continue to lurk Bitcoin holders.
 

[romero121]

All that mentioned in the list weren't common people. They're already established business owners and for them it is not a big deal to accumulate as many bitcoin.It is not perfect to make a comparison with a common man with the person like Satoshi or with Microstrategy. Dollar cost average helps in accumulation and own bitcoin at the best price. Here we'll be able to make based on our capital ability and so to reach those numbers isn't an easy thing.

[livingfree]

I wouldn't compare myself to those big institutions and companies that holds a lot of Bitcoin. But I get the point that it's all about getting and accumulating more Bitcoin.

It's not just because they're a corporation but because they know that there's something big that's about to come.

The bull run, the value of Bitcoin, it's potential and everything about it. They recognize that someday it's going to be bigger than what we're imagining.

[TelolettOm]

I wouldn't compare myself to those big institutions and companies that holds a lot of Bitcoin. But I get the point that it's all about getting and accumulating more Bitcoin.

It's not just because they're a corporation but because they know that there's something big that's about to come.

The bull run, the value of Bitcoin, it's potential and everything about it. They recognize that someday it's going to be bigger than what we're imagining.

makes sense.
I am sure that many people also do the same thing, namely accumulating Bitcoin for certain purposes. However, the difference may be in several things, such as:
- the amount he invested
- the investment period
- the target
What is clear is that when we try to invest in Bitcoin, that is also good and worth it for us, especially if we can achieve our target for this investment without any disruption along the way. because sometimes, even though we have tried to set aside free money for our investments, we will not know what will happen to us someday which may make us forced to take profits before the target time.

[GreatArkansas]

There are smart people, groups, entities that are smart. They saw potential of Bitcoin and decided to accumulate Bitcoin a long time ago. They have accumulated a lot of bitcoins and owned a lot of bitcoins.
(....)

This is always what I am saying to myself every time I am planning to buy Bitcoin or just afraid to buy Bitcoins. Like if these companies/people can buy millions of worth of Bitcoin why me just only a few less than a hundred - hundred worth of dollars just to buy Bitcoin?
These companies and people are inspirations for every one of us to own Bitcoin even only a few.

[SquirrelJulietGarden]

Unfortunately 99.9 percent of Bitcoin Talk members can not afford what this top list you show can.  Who in the world can buy SO much Bitcoin?  Too few to be a realistic goal.

But we should accumulate.  I agree.  It is never late.

It is the bottom line I would like to share in this thread.

We can do the similar accumulation like those investors and except nations seized bitcoins from criminal activities. We as small investors can do accumulation with Dollar Cost Averaging and become bitcoiners with diamond hands. We only have such diamond hands if we understand about Bitcoin's Controlled supply and some basic of its blockchain and use cases.

How is the 21 million Bitcoin cap defined and enforced?

This is always what I am saying to myself every time I am planning to buy Bitcoin or just afraid to buy Bitcoins. Like if these companies/people can buy millions of worth of Bitcoin why me just only a few less than a hundred - hundred worth of dollars just to buy Bitcoin?
These companies and people are inspirations for every one of us to own Bitcoin even only a few.

I can not disagree with you.

The magic of bear market is it lasts long enough (more than 2 years) so that it gives people time to accumulate bitcoins especially people with not too big capital.

Below are charts for addresses with balance > 0.01, 0.1 and 1 BTC. They both have upward trends but a most interesting chart is the one for 0.1+ BTC addresses as it shows a very steadily upward trend. 0.01 BTC is like too less and 1 BTC is like too much for small investors. 0.1 BTC makes more sense and magically the bear market helped many small investors accumulated enough 0.1 BTC for their portfolios.
https://www.lookintobitcoin.com/charts/addresses-greater-than-0-01-btc/
https://www.lookintobitcoin.com/charts/addresses-greater-than-0-1-btc/
https://www.lookintobitcoin.com/charts/addresses-greater-than-1-btc/

[Kaliandra]

Bitcoin has become popular and I am sure more and more people will adopt it as time goes by. However, not everyone wants to adopt Bitcoin because adopting BTC is something risky, and only people who dare to take risks adopt BTC.

Other times I have bought BTC of course I also don't want to miss it, and I have been buying BTC since the bear market in 2022 and until now I haven't stopped buying BTC and I always buy BTC when there is a price drop, and don't buy BTC when there is a price increase. I hope the list you posted is useful and I actually want to own a lot of BTC like them because I personally see good potential for BTC in the future.
Currently I can only buy small amounts and I'm sure that in the future I think buying just 1 BTC will be difficult because BTC supplies are limited. So in my opinion, now is a good opportunity to buy BTC, but of course before buying have to analyze it first technically and fundamentally because the price of BTC is very difficult to predict and in the crypto world there is always positive and negative news. .
I think it would be better if the ones in the top 20 list had the most BTC.

[aysg76]

It depends on how you feel about your investment and have the understanding of bitcoin before investing not getting influenced by others as it could be risky.This is what we have seen in many cases where people invest under hype influence and later on regret so according to me understanding about it is important first of all while there is no restriction on entering the market and remember you could accumulate slowly with Sats also not a full Bitcoin only in each investment if you want to.

[Oneandpure]

Regarding OP source information accurate or not and how effort with bigger company keep accumulate bitcoin I try buy as many possible depend with my financial condition, I am so excited how bigger company keep trust with bitcoin as investment assets in the future and I don't miss the great opportunity in the future when bitcoin raising to higher price. Ever loss great chance when bitcoin still on lower price but sell it and I won't loss second chance with bitcoin investment before raising to the higher price again.

Have to manage with my financial condition and my planning keep accumulate bitcoin every week and some time purchase bitcoin in daily day regarding with how much money earn from my side job. Bitcoin still under $40k and won't loss moment on the next time when bitcoin raise up and return to new all time high price.

[livingfree]

I wouldn't compare myself to those big institutions and companies that holds a lot of Bitcoin. But I get the point that it's all about getting and accumulating more Bitcoin.

It's not just because they're a corporation but because they know that there's something big that's about to come.

The bull run, the value of Bitcoin, it's potential and everything about it. They recognize that someday it's going to be bigger than what we're imagining.

makes sense.
I am sure that many people also do the same thing, namely accumulating Bitcoin for certain purposes. However, the difference may be in several things, such as:
- the amount he invested
- the investment period
- the target
What is clear is that when we try to invest in Bitcoin, that is also good and worth it for us, especially if we can achieve our target for this investment without any disruption along the way. because sometimes, even though we have tried to set aside free money for our investments, we will not know what will happen to us someday which may make us forced to take profits before the target time.

We're all accumulating Bitcoin for the same purpose and that is to profit from it. We don't know how long we may be able to hold until we reach the time of selling but it's true that we're investing because we know that it's worth it for us.

That is the reason why people copying the institutions for investing because they know something that we don't know.

And from that moment that you've seen do things like buying certain assets, we just have to think of it on what they are up to and why they choose to do that.

[Wapfika]

US and China Government are the one who most profited on the list since their holdings is from seizing criminal funds and not through DCA so I guess they have the most efficient way of accumulation. 

The difference of retail like us to institutional trader like them was they are trading customers fund and not their personal money so they can DCA effectively without any emotion involved since they are just doing what set on their guidelines. I’m accumulating to but in occasional DCA because I have limited fund while my decision is affected by my judgement to the current market movement.

[bayu7adi]

Binance, Bitfinex, and Mt Gox are exchanges. It's crucial to delve into the ownership of the BTC in these wallets, whether they belong to the exchange users or are privately owned. If they belong to the exchange users, it means they aren't practicing DCA as you explained. Their control over the BTC might not be 100%, especially considering Satoshi didn't employ DCA. The allocation of the initial 1 million BTC in Satoshi's wallet is based on the early transfers since the creation of BTC through a contract.

A more interesting company in this context is MicroStrategy. When this company regularly engages in DCA, it implies there are still ample opportunities for us to continue buying BTC. Yes... this indication proves that BTC is still considered to hold value for a longer period.

[blckhawk]

Do not compare yourself to exchanges and financial institutions because they have a lot of money and investors. Accumulate what you can and never lose track of your goal and how you do your thing because if you compare yourself to a tiger and you are just a mouse, it will only make you look stupid and at the same time it might cost you something dearly so always know that you have a limit and that each has a place in the market, the only difference with us and these exchanges is that they are a group of people except Satoshi but that can be debatable.

[btc78]

There are smart people, groups, entities that are smart. They saw potential of Bitcoin and decided to accumulate Bitcoin a long time ago. They have accumulated a lot of bitcoins and owned a lot of bitcoins.

this list you showed shows different companies or organizations as well as government entities which are all vastly different from us especially if you’re in the working class

they are not only smart but they are also rich hence why they can afford to hold this much bitcoin
might be too unfair to say that those people who bought btc a little later aren’t as smart as those who bought it earlier
i think the correct word would be ‘lucky’ because not everyone had a chance to know about btc immediately

i, for example, learned about bitcoin only during the pandemic and now i see its real purpose and i know that even after 15 years later lots of people will still benefit from it if they learn how to manage their bitcoin properly

You can follow them to buy bitcoins and a good way to do this is Dollar Cost Averaging.

“the rich gets richer and the poor gets poorer”

i don’t believe this line applies to bitcoin especially the second part

while it’s true that you will definitely have to have the money so you can invest and get profit like any other kind of investment, what i like about bitcoin is it allows people to invest even with the little amount that they can

[knowngunman]

We don't need to immediately follow their way of investing because our brand portion is clearly very different. Therefore, create a DCA method that you can do. Does it make more sense if we have our own way of managing investments in Bitcoin? The big institutions above are on a different level so if you focus on their methods, we will experience difficulties in the process. Unless you are a billionaire who is able to follow the ideal investment pattern with an adequate budget.

It's not about following their steps but knowing what you are doing and taking decision to do it. I think op is just trying to use those individuals/groups to serve as a motivation for us and not literally means that we should follow their step. It's empirically impossible to follow their steps because those individuals or groups are influential people who use their resources to accumulate Bitcoin as much as they can and besides majority of them are early adopters when getting bitcoin was like a free thing. Comparing them with an average men makes no sense but you don't need to have resources like them before you start. I think that's what the op is trying to point out in his post. Investing as little as you can using DCA strategy is the best approach to use as an average person when it comes to crypto investment.