AnonBitCoiner
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January 06, 2024, 04:35:05 PM |
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Everyone has an interest in getting a Bitcoin. However, storing bitcoins with all the money can make it difficult to hold on to those bitcoins later, especially if the money is not segregated for personal use. Any emergency work also requires money. I would like to say that definitely Bitcoin is the best platform for investment but the investor must follow some rules to invest. If an investor accumulates bitcoins with DCA and can continue to do so for a long period of time, he can grow his bitcoin portfolio without any problem. Don't invest only on hype or hope of extra profit as it carries high risk of loss.
definitely yes if we put all the amount in bitcoin and during emergency when we need money then we will sell bitcoin with lower or no profit because we will have no other amount of money for other use. Investment is necessary and bitcoin is the main reason which make the financial system of humans stable but it does not means that don't think about other uses but buy bitcoin with all amount you have. One can also buy bitcoin little by little with affordable price but don't be in too hurry to get all money in a day. Invest that amount which you can easily hold longer because more you invest less money will be there for your daily needs which means that one day you will sell bitcoin for fulfilment of your basic needs so instead of putting yourself at risk follow the rules and work according to it.
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EarnOnVictor
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January 06, 2024, 06:46:20 PM |
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We don't own enough bitcoin but even in the future, if you keep thinking your bitcoin won't be enough, then you will lost control of other matters in your life because you are too focused on bitcoin which I think is already not good. Bitcoin is not all what it takes, and is not all what we need in life.
To be honest, bitcoin is just a portion of our life's happiness, we can still be happy even if we don't gain majority of it.
Thank you for at least talking sense to the OP, I don't know why some people take the issue of Bitcoin too much, maybe they are faking it, I don't know. They take Bitcoin as if there have never been assets before it and as if there will not be assets in the future which we haven't known yet. Bitcoin is a good way to make money, but will never be as good as in the early times when Bitcoin was still low in price, at this level, we can still continue to buy our coin and expect for the best with the returns. But this shouldn't let us lose focus on other things in life and even on other assets that can bring profits, Bitcoin is just an asset and a way for investment and we should be happy for knowing it but not excessively as if nothing matters again. If we could maximize our profits in it as well, fine, but we should do our best and leave the rest, life goes on. Not that we will be having some kind of sleepest night because we can't own so much Bitcoin or we want to desperately own more. All these can't end well for anyone, and for the ones who really want to own their Bitcoin, let them continue to buy as though they are saving money. This has to be done patiently and with ease, and over time, I am sure that enough coins would have been owned. But nothing must be forced whatever or believe in it only.
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Cryptomultiplier
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January 06, 2024, 10:40:35 PM |
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One question I would love to ask is this, how much is enough Bitcoin for you? By answering this introspectively, one can ascertain how much they need to accumulate that wouldn't affect their own financial life and emotional health, because money is one very important factor for every man and if investment in BTC is the way thought out to gain financial freedom, then when it would be enough is when one has been able to complete their investment plan and only waiting for the duration to elapse, so as to cash out.
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thecodebear
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January 06, 2024, 10:50:14 PM |
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OP try not to get too obsessed on a single thing. Yes Bitcoin will be worth a lot more in the future as adoption grows and Bitcoin becomes a global currency. But there are other things in life haha. Even other investments. Just keeps accumulating bitcoin when you can, but don't obsess over it.
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oktana
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January 06, 2024, 11:30:19 PM |
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No. You actually have enough. Mentality like this can make people undermine what they have and may rather want to sell it out since it’s almost nothing to them anymore. It’s okay to chase more but don’t fail to acknowledge that you’ve tried at least. If you buy $50 worth of Bitcoin, give your self a pat on the back, you deserve it. It’s not always about who has the most Bitcoin. There are other things that matters in life too. Do you not have responsibilities? What if it’s too much that one can’t afford purchasing more BTC.
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Emmanuelex
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January 06, 2024, 11:53:13 PM |
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True! I don't have enough Bitcoin. I see other people and how much they are investing in Bitcoin, and I know that I am not doing enough. I really need to do my best and buy more Bitcoin, especially now , I just need to stack up .
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TimeTeller
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January 06, 2024, 11:54:56 PM |
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No. You actually have enough. Mentality like this can make people undermine what they have and may rather want to sell it out since it’s almost nothing to them anymore. It’s okay to chase more but don’t fail to acknowledge that you’ve tried at least. If you buy $50 worth of Bitcoin, give your self a pat on the back, you deserve it. It’s not always about who has the most Bitcoin. There are other things that matters in life too. Do you not have responsibilities? What if it’s too much that one can’t afford purchasing more BTC.
It is all in the perspective of the holder how he sees things on this market. We all feel the emptiness or lack of in any investment that we venture of. So this is just like any other investment that we want to get a hold of. It is up to us how we can maximize our assets to its potential, and get good profits from it.
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Ale88
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January 07, 2024, 05:52:56 AM |
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The thought and belief of not having enough of something brings forth the constant pursuit of that object. Thus, acting as if we never have enough of a resource will allow us cognitively to always be looking to acquire said resource and then eventually this will lead to a surplus, right? Gosh I hope so! Becuase I sure need to get more BTC and I don't have enough!!!
I would love to have more bitcoins as well but at the same time be careful not to put all your eggs in one basket: I also like to invest in the stock market for example, which of course is kind of risky as well but not as bitcoin. I strongly believe that bitcoin's gain will outperform the ones from the stock market but I don't feel comfortable to bet only on bitcoin.
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As03
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January 07, 2024, 06:49:30 AM |
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Bitcoin has a way of making people mad I think, it's so powerfull one might become obsessed with it.
As said before you have plenty of things in life to do to become "happy".
It's a good goal to have some but is it really that important ?!
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God bless u
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January 07, 2024, 07:08:18 AM |
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The thought and belief of not having enough of something brings forth the constant pursuit of that object. Thus, acting as if we never have enough of a resource will allow us cognitively to always be looking to acquire said resource and then eventually this will lead to a surplus, right? Gosh I hope so! Becuase I sure need to get more BTC and I don't have enough!!!
I was just watching a youtube from KITCO NEWs with Gary Cardone. Thats right, Gary Cardone NOT his asshole brother Grant Cardone LMAO!!!! Gary had a lot of great things to say that were extremely logical and bullish. I'll put the link in here later.
If we have this mindset then we will always be trying to get as much of it as we can. Lets face it, getting BTC is at this point more rewarding for the average person than buying Real Estate, Gold, Silver, Oil stock, etc. Lets keep stacking! I DON'T HAVE ENOUGH, WE DON'T HAVE ENOUGH!!! STACK SATS!!
don't you think this type of mindset can also give great amount of depression? because always thinking about something and thinking that I don't have enough or why I don't have any is somewhat frustrating in my opinion. for some people that might be a way to get motivated and work more and harder to achieve that goal. but for some people that can be depressing because they have lack of resources and opportunities to achieve that. now take Bitcoin for example. if someone don't have anyway to accumulate any amount of bitcoin. then isn't constantly thinking about not having any is irrelevent?
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tottong
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January 07, 2024, 07:29:00 AM |
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The thought and belief of not having enough of something brings forth the constant pursuit of that object. Thus, acting as if we never have enough of a resource will allow us cognitively to always be looking to acquire said resource and then eventually this will lead to a surplus, right? Gosh I hope so! Becuase I sure need to get more BTC and I don't have enough!!!
Humans have thoughts and have decisions to choose from, not everyone has good financial resources and humans are required to be more productive in whatever they do. Acting on carelessness and not getting a good understanding is also wrong because it will put them in a new trouble spot, this is the problem and where should they start taking their approach? Everyone should own BTC if they think it is the path to freedom, the question is where can they start when there is no money to buy? Some people suggest the dca pattern but is it possible for people to get involved in investing when their finances are unstable for living needs. There needs to be a plan and there needs to be a strategy to think about financial problems because the most difficult thing is fulfilling needs, not how someone gets involved in bitcoin.
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Nrcewker
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January 07, 2024, 09:25:13 AM |
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Absolutely, there is no amount present that is sufficient for us. More the merrier, I mean you won’t get any harm if you just add as many Bitcoins as you can. Bitcoins are very rare coins, hence it’s better to have large quantity of coins in your wallet. When the demand to accumulate the coins will increase, the price will also go up. Hence at that time if you have sufficient amount of coins in your wallet, then you will make great amount of profits. So buy the coins at regular intervals.
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Noctis Connor
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January 07, 2024, 02:01:46 PM |
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One question I would love to ask is this, how much is enough Bitcoin for you? By answering this introspectively, one can ascertain how much they need to accumulate that wouldn't affect their own financial life and emotional health, because money is one very important factor for every man and if investment in BTC is the way thought out to gain financial freedom, then when it would be enough is when one has been able to complete their investment plan and only waiting for the duration to elapse, so as to cash out.
I think his thinking more or less 100bitcoin for sure, and thinking that if he can bring back time he would buy more bitcoin than ever , and about money thats what im talking about in my last post money is the key for daily living because fact that we can't live without money, Even if you had a good financial status to had enough money to complete investment per month that doesn't mean its already good for the success to near future.
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kryptqnick
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January 07, 2024, 03:08:21 PM |
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I don't believe in mindset advice and stuff like that. This post is about "I don't have enough" mindset as the right one. Today I also read a thread that was about not desiring money to become rich, which is sort of the opposite. People should do whatever feels right and natural to them, whatever has a positive impact on them. Envy is bad, greed is also bad. Having some motivation to obtain more BTC is alright, and being chill about money is alright as well. Moderation (being moderate) is one of the best ideas of humanity, IMO, and it applies in this matter as well as in any other.
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mirakal
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January 07, 2024, 11:59:37 PM |
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OP try not to get too obsessed on a single thing. Yes Bitcoin will be worth a lot more in the future as adoption grows and Bitcoin becomes a global currency. But there are other things in life haha. Even other investments. Just keeps accumulating bitcoin when you can, but don't obsess over it.
Bitcoin creates huge potentials for substantial profits, but we also know that bitcoin is susceptible to losses so we should learn to set a balance, and get rid of obsession as it will never bring positive effect on your investment. Invest at your own risk, which means only invest on an amount that you can afford to lose. While bitcoin investment can easily make us prosper, but it could also lead us on the contrary. My point here is, don’t decide to invest if you’re not ready. And even if in the future we will own bitcoin, know that it will never be enough but it can be good enough for us to experience financial success while working on the process.
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Oasisman
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January 08, 2024, 12:54:36 AM |
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If we have this mindset then we will always be trying to get as much of it as we can. Lets face it, getting BTC is at this point more rewarding for the average person than buying Real Estate, Gold, Silver, Oil stock, etc. Lets keep stacking! I DON'T HAVE ENOUGH, WE DON'T HAVE ENOUGH!!! STACK SATS!!
That, I don't think I agree with. Not being too biased with bitcoin, but it would better not to keep your money in one investment model. Those that you have mentioned above especially real estate and oil stocks are forever rewarding, bitcoin might be much profitable than the rest at some point, but how about sustainability? Don't get me wrong, I am all for bitcoin, but I just want to be more realistic as possible here. Without a doubt, bitcoin is very profitable, but anything could happen though and it would be better if you have other investments too, especially those that are not going to be affected much by any financial crisis, unexpected circumstances and natural calamities.
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Rabata
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January 08, 2024, 03:44:21 AM |
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To those who can make the right predictions about Bitcoin, Bitcoin is something bigger than any other valuable asset. Bitcoins are still within the purchasing range of the general public and they can still collect Bitcoins if they try, but after 2024 and 2025, Bitcoin will reach unexplored heights and it will be difficult for everyone to collect Bitcoins. Those who predict these things and try to accumulate bitcoins with quick decisions can become the owners of bitcoins. There are also many who are slowly trying to accumulate bitcoins as they can. After the discovery of Bitcoin in 2009, many people did not hold Bitcoin even though they got it at a very cheap price, but with the change of times, today they are regretting it, so considering the future, those who do not take the right decision now will also regret it at some point.
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Bitcoin_people
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January 08, 2024, 04:22:47 AM |
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In fact a user always tries to buy and stack his bitcoins. Likewise, people always try to hold onto and earn their money to grow it. But if I had enough money I would definitely buy and hold Bitcoin which would motivate me to wait until the bull market. But there is much more to stocking than this bitcoin but I have always been a big believer in bitcoin and it is a store of value that will grow exponentially over time. If real estate and gold can be bought and stocked with the same amount of money, it would be possible to get double the amount of profit. But it is true that investing should not only depend on Bitcoin but investing in other real things as well will be much better and great way of earning. When you are limited to only Bitcoin it may give you a lot of profit after a long time but when you invest in other things you will be able to earn a lot from it at any time.
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Blitzboy
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 08, 2024, 08:11:21 AM |
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In fact a user always tries to buy and stack his bitcoins. Likewise, people always try to hold onto and earn their money to grow it. But if I had enough money I would definitely buy and hold Bitcoin which would motivate me to wait until the bull market. But there is much more to stocking than this bitcoin but I have always been a big believer in bitcoin and it is a store of value that will grow exponentially over time. If real estate and gold can be bought and stocked with the same amount of money, it would be possible to get double the amount of profit. But it is true that investing should not only depend on Bitcoin but investing in other real things as well will be much better and great way of earning. When you are limited to only Bitcoin it may give you a lot of profit after a long time but when you invest in other things you will be able to earn a lot from it at any time.
I really like your Bitcoin view. It feels like we're in a special club that appreciates Bitcoin's value store potential. I believe in diversity like any smart club member. Like a buffet, why choose one meal when you can try everything? Bitcoin investing is like tree planting. It takes time to grow, but it provides unique shade. Imagine investing in gold or real estate with it. Imagine adding a hammock and picnic table to your garden. While waiting for the tree to grow, you're enjoying the garden. Here, things grow fascinating. Diversification maximizes possibilities and spreads risk. By investing in many assets, you're actively participating in the financial world and ready to capture chances, not just in the Bitcoin bull market. So, while our hearts may belong to Bitcoin, lets not forget to play the field a bit.
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pinggoki
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 08, 2024, 08:34:42 AM |
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The irony is that when we reach that number or amount of bitcoin that we think is enough, we're never satisfied. I remember that time when someone told me something about "it's the journey and not the goal that we should be thankful for", this isn't the exact aphorism that was said to me because it was said to me during one of those drinking sessions but the point of the quote is that it's the accumulation that is fun and not reaching that goal, I mean I agree with that because we've got billionaires because of that kind of attitude.
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