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Author Topic: How many Bitcoins do you own or have you collected until now?  (Read 850 times)
Z-tight
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June 11, 2024, 10:12:49 AM
 #61

Yes, personally I also have the same condition. I keep very few assets due to many factors, and of course that makes me regret it. Most of us are probably too quickly satisfied with the price of bitcoin. Even though we are very sure that the price of bitcoin can become very high, sometimes an urgent need makes someone have to sell the bitcoin that they are holding for the long term, especially if at that time we feel that the price of bitcoin has become very high.
There is no need to regret it when you sell your BTC, there are certain situations in which you have to sell your coins because you need fiat to solve some problems in real life. You can always accumulate BTC again, as long you have a good source of income or good skills, so you're either going to buy or earn it.  Needless to say that BTC is also a currency, so spending it should never be ruled out of our books.

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June 11, 2024, 10:41:54 AM
 #62

In the period of 2016-2017 I was quite persistent to get more Bitcoin because it is easy to get Bitcoin from various ways that can be done.
I participated in dozens of bounties and airdrops, and I was really focused on that time, until I finally got an airdrop that gave me a profit of 3BTC because of the incredible price increase and some bounties that gave me a pretty big reward, and then I bought Bitcoin.
~snip~


I have never participated in bounty campaigns, but I was seriously involved in faucets and of course sig campaigns - so even though your 3 BTC seems like a lot to some, they may have forgotten that 1 BTC during 2016 was worth between $380 - $1000 at the end of that year. This means that here we can talk about a max profit of $3000, or maybe more if some of it was achieved during 2017.

Today, 3 BTC seems like a lot of money, but before that was not the case, especially during 2015 when 1 BTC was worth just over $200.

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June 11, 2024, 10:48:20 AM
 #63

Sometimes i do think if I can do socery and bring back those days when you can easily afford so many BTC with just a little dollar, because when i come through live stories of people who have hold their BTC for the past 10 years now i begin to feel like this people just turned millionaires in dollars overnight but it dawn on me that they were resilient, consistent, patient and determined before they reach this level of success in their life. In all, have diverse means of income so that you can actually risks part of your money on Bitcoin for a longer period of time because who knows what the price of Bitcoin might also be in the next 10 years so it is better to accumulate now than also regret like some others who had this golden opportunity years back but they neglected it but those who risked their money then are the ones enjoying it now.
                        I can't really disclose how much Bitcoin I have gotten but maybe when i have accumulated to the extent of owning 1 BTC then I will rejoice fully and share my experience as well because it is not easy to own 1 BTC now because I know how much is 1 BTC in my country's currency and you can actually use it to buy some tangible assets and even have reserves left.

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June 11, 2024, 12:17:09 PM
 #64

not much but enough to make a profit if there is an increase,
I think no one will answer specifically how much they own bitcoin, for reasons of ownership privacy and not wanting to expose their assets,
currently to get 1 btc you need a lot of money so no matter how many btc you have one is lucky to be able to survive until the new ATH in this session

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Zlantann
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June 11, 2024, 01:17:51 PM
 #65

Yes, personally I also have the same condition. I keep very few assets due to many factors, and of course that makes me regret it. Most of us are probably too quickly satisfied with the price of bitcoin. Even though we are very sure that the price of bitcoin can become very high, sometimes an urgent need makes someone have to sell the bitcoin that they are holding for the long term, especially if at that time we feel that the price of bitcoin has become very high.
There is no need to regret it when you sell your BTC, there are certain situations in which you have to sell your coins because you need fiat to solve some problems in real life. You can always accumulate BTC again, as long you have a good source of income or good skills, so you're either going to buy or earn it.  Needless to say that BTC is also a currency, so spending it should never be ruled out of our books.

I also think that Bitcoin still has the potential to increase in price in the future so it is still okay to buy now and keep hodling. In the future many of us might regret selling our coin that's why we should have plans for our Bitcoin. We need to do everything possible to ensure we keep our coins even if it will take to alternative sources of income. Even if you have plans to sell during the bull run, there should be a plan to replace what we have sold when the price drops. Having emergency funds could also help to reduce the impromptu selling of Bitcoin due to sudden problems or challenges. Emergency fund is very important for long time Bitcoin hodlers because life conditions are unpredictable.

R


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June 11, 2024, 02:07:29 PM
 #66

Yes, personally I also have the same condition. I keep very few assets due to many factors, and of course that makes me regret it. Most of us are probably too quickly satisfied with the price of bitcoin. Even though we are very sure that the price of bitcoin can become very high, sometimes an urgent need makes someone have to sell the bitcoin that they are holding for the long term, especially if at that time we feel that the price of bitcoin has become very high.
There is no need to regret it when you sell your BTC, there are certain situations in which you have to sell your coins because you need fiat to solve some problems in real life. You can always accumulate BTC again, as long you have a good source of income or good skills, so you're either going to buy or earn it.  Needless to say that BTC is also a currency, so spending it should never be ruled out of our books.
As long as you sell for a good cause, then there’s no room for regrets. Regrets are only for those who keep missing opportunities to invest in bitcoin, not because they don’t have sufficient funds, but because they don’t have enough faith in bitcoin.

My goal is to also earn a good amount of bitcoin in the long run, that’s why I really work hard to earn a living and to sustain my bitcoin investment. Although there might be some inevitable circumstances that will push us to sell, and that’s okay, as long as you never stop buying and hodling bitcoin whenever you’re capable to do it.

R


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June 11, 2024, 03:18:49 PM
 #67

Bitcoin was barely known back then and didn't cost much, so people were more open to sharing information about their holdings. But nowadays, even saying you have 1 Bitcoin means you're richer than most people in the world. People don't want to become a target of robbery or scam, and owning Bitcoin can draw attention of tax authorities in some countries as well. So I'm not surprised people aren't eager to share the details.
I can say that I sell regularly, and because of that, I have a very small amount. But I intend to accumulate more.
This. I also sell regularly that is why I only have few fractions left with me right now but if I had to calculate my earnings since 2017 to 2024 I think it all has a total of more or less 1 BTC. I am not a fool to make myself a target here because if only I knew back then that hodling those coins will make me a millionaire in my local currency then I probably did that but what done is done. 😁



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June 11, 2024, 03:19:00 PM
 #68

If we look at "how many bitcoins went into my wallets" type of thing, way above 100 bitcoins so far, I even had 40-50 bitcoins just within one year as well back in the day. However, I have nearly none right now, maybe like couple hundred dollars if I am lucky but looks like I may need to cash that out as well. The reality is that we are looking at something that takes some time and because of that a lot of people do not realize how tough it is.

This was my income, meaning that "if you kept all of it today you would have millions" is not possible for me, if I kept it all, then how am I suppose to live? What will I use to pay my bills? Food? Rent? I had to cash that out and I do not regret it a single bit to be fair. It does feel great to have this chance at the very least.

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Pmalek
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June 11, 2024, 03:29:11 PM
 #69

People like you who believed in Bitcoin early and kept it till now will comfortably have a good retirement life if they have accumulated enough to sustain themselves.
I started playing around with bitcoin pretty early, but not as early as I could have. I did some work online back in 2010/2011 for some people, and they proposed payment in bitcoin. I am not going to lie, but I thought they were trying to scam me by offering me a payment method no one knew about and very few people used. Had I been smarter back then, I would have had thousands of bitcoin to my name. Of course, there are no guarantees I wouldn't have sold some or most of them, but I still rejected the idea at the time. Thinking back now, those dudes were early adopters, and perhaps even miners.

.
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Z-tight
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June 11, 2024, 04:01:31 PM
 #70

I also think that Bitcoin still has the potential to increase in price in the future so it is still okay to buy now and keep hodling.
Yeah, i don't think anytime is late to start buying or using BTC, but recent adopters usually look back and wish they had bought earlier. I often tell people to put that thought behind them, even some of these early adopters sold their coins a long time ago, so who is to say you wouldn't have sold yours if you were an early adopter.
It does feel great to have this chance at the very least.
I agree, BTC is not a money making scheme and whatever comes out of ones investment in BTC, they should feel great to just be part of this network and have the knowlede of this censorship resistant money.

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yudi09
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June 11, 2024, 04:45:52 PM
 #71

-snip-

And now, How many Bitcoins do you have now or how much have you ever accumulated?
I don't have a lot to say here. The most Bitcoin I ever earned was no more than 3 BTC.

In the past, getting 1 BTC could be said to be easy using the method you have mentioned. If you think about it, expecting the ease of getting 1 Bitcoin in this way is no longer easy, so I thought that in the midst of our knowledge about Bitcoin, we wanted to go back to the old days.
If you want to say regret, everything has been missed.

R


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Finestream
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June 11, 2024, 09:43:28 PM
 #72

not much but enough to make a profit if there is an increase,
I think no one will answer specifically how much they own bitcoin, for reasons of ownership privacy and not wanting to expose their assets,
currently to get 1 btc you need a lot of money so no matter how many btc you have one is lucky to be able to survive until the new ATH in this session
It’s really difficult to acquire and hold a lot of bitcoin most especially if you are only here for few years and  yet bitcoin price continues to become expensive. Even holding 1 btc costs a lot of money, so expect that majority is not able to keep numerous amount of bitcoin, except for those who spend their lifetime savings and go all in. But even so, no one would admit that he got a lot, probably because privacy is the best policy. If you are too easy to expose your bitcoin hodlings, later on you will realize how’d you put yourself in a dangerous situation.

lalabotax
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June 11, 2024, 09:48:31 PM
Last edit: June 12, 2024, 10:45:48 AM by lalabotax
 #73

Not much, just few points, some of them were from early investment after 2021. and some of them were from signature campaign convert. But well, I'm really thankful with this amount.

Investing in Bitcoin has become a choice for many people. Because, many parties have truly understood the benefits, after several bullish Bitcoin cycles. Of course, the more Bitcoin you have, the more profit you will get. However, the important thing is to make sure that whatever the nominal value is in Bitcoin, make sure it is truly free money. Not using money that will be used every day.


cr1776
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June 11, 2024, 10:28:05 PM
 #74

I remember that thread, and the advice is similar then to now:  why would you discuss it in a public forum?
:-)
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June 11, 2024, 10:44:39 PM
 #75

not much but enough to make a profit if there is an increase,
I think no one will answer specifically how much they own bitcoin, for reasons of ownership privacy and not wanting to expose their assets,
currently to get 1 btc you need a lot of money so no matter how many btc you have one is lucky to be able to survive until the new ATH in this session
nobody can agree to expose the amount he or she has in bitcoin, I think it's abnormal to specifically categories the amount of bitcoin you have, it seems that many people doesn't like to review such because from my understanding is improper to say the amount of bitcoin you are holding in public,  some persons have up to five to twenty bitcoin but they kept it secret, theirs some people who mine bitcoin during the time of mining of bitcoin was in existence but right now, I know very well that bitcoin mining people who did it that time will still have surplus bitcoin un their folders.

Russlenat
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June 11, 2024, 10:59:15 PM
 #76

To be honest it's easy to see riches these people could've made just by holding the hundreds of bitcoin they had back then. But the question is, which of them actually held the coins until today? Also taking note that it's far harder to hold with conviction back then compared to today.

But to answer your question: I don't have enough bitcoin; no one does.
That’s a straight answer, and that would answer in general. Yes, with the total cost of a single bitcoin, it’s difficult to accumulate even a single of it, that’s why it’s not surprising that majority of us do not have bitcoin at the present. Except for those who only come here to buy and hold, without facing such difficulties in their finances at some point that would push to sell early their coins.

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June 11, 2024, 11:35:53 PM
 #77

Most of them probably have sold enough already to make a couple of hundreds or grand.

I remember that thread, and the advice is similar then to now:  why would you discuss it in a public forum?
:-)
Hihi.

For sure it's fine to discuss that before when BTC's price was just cents. But now? I don't think that someone is going to answer that genuinely on how much he's got.

Maybe to start with, a few mBTCs to say?  Grin

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June 11, 2024, 11:36:13 PM
 #78

not much but enough to make a profit if there is an increase,
I think no one will answer specifically how much they own bitcoin, for reasons of ownership privacy and not wanting to expose their assets,
currently to get 1 btc you need a lot of money so no matter how many btc you have one is lucky to be able to survive until the new ATH in this session
Good for you that you'd have a decent amount to be able to sell at a profit. I can totally agree with you about the privacy of how much they have, to be honest, I think that we should practice not prying too much on how much someone have or respecting the privacy in terms of how much bitcoin they have, after all it's not our money and at the same time it's a practice that would help us prevent the possibility that someone is casing us and we might unknowingly become a target of scammers and hackers because we've made it public because we never thought much about it.

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taufik123 (OP)
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June 12, 2024, 05:55:24 AM
 #79

-snip-
Today, 3 BTC seems like a lot of money, but before that was not the case, especially during 2015 when 1 BTC was worth just over $200.
I also went through those days, selling BTC at the end of 2017, and I think by that time it was worth a lot.
But looking now it is even beyond my expectations, but of course there is no regret even though I sold in the past at a low price.



-snip-
This was my income, meaning that "if you kept all of it today you would have millions" is not possible for me, if I kept it all, then how am I suppose to live? What will I use to pay my bills? Food? Rent? I had to cash that out and I do not regret it a single bit to be fair. It does feel great to have this chance at the very least.
A realistic and not overly imposing answer that you should not sell Bitcoin or just hold without selling anything.
Anyone has the right to sell their property for various reasons, especially related to survival, paying internet bills, electricity, water, food, rent, etc.

Those who can get through that and still have some savings from the past, they may still be lucky to be able to invest.
But it's certainly different when one only lives from Bitcoin and from this forum.



-snip-
You seem to have been in the crypto space for quite some time before you were on this forum.

It's not that it's not smart enough, there are many things that make someone skeptical about the new payment method,
especially Bitcoin which is just known as a digital currency which at that time was still not recognized by anyone and the price was still very cheap.

If you think about it now, there are more people who will be interested, but the price is also expensive and also depends on how the regulations are enforced.



I remember that thread, and the advice is similar then to now:  why would you discuss it in a public forum?
:-)
Actually, it doesn't matter if you want to discuss anything in a public forum, even if it is closely related to Privacy.
The important thing is that you do not give out your identity, do not give your private key and do not give out your personal wallet address.
You just need to tell a story or anything, I don't expect you to provide detailed information about your Bitcoin holdings.
 

R


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lizarder
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June 12, 2024, 11:04:18 AM
 #80

Nothing can go back in time, what can be done now is how you get started and start buying Bitcoin gradually.
Whether you can hold it for the next 10 years or not, this is just an option to start investing in Bitcoin.

Collecting bitcoins from signature campaigns is a pretty good way to go, as long as you still have income other than signatures.
The past does not need to be remembered and we shouldn't regret the past because the most important thing is how to prepare for the future. For long-term opportunities, bitcoin is still the right choice and we can try to buy slowly with the financial capabilities we have. When we understand the journey of bitcoin, the step to hold is a choice because we know that bitcoin will always produce a repeating cycle and where the price will continue to rise.

In reality, we must have several sources of fixed income to live life and work in the real world is a step to prepare for all the needs of life with family. While collecting bitcoins from signature campaigns can be used for assets and continue to be held until they reach the desired price.

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