I finally accumulated 0.1 bitcoin!!

[Agbe]

 This looks like a verbal accumulation of bitcoin because there is no evidence to show tht you have accumulated such amount of bitcoin. And for now and the cycle of the bitcoin price can't give you that amount in dollar until the price hit $400,000. The $30,000 price you are inspiring for is also a dream now. And if really you have them which is in doubt for me, you should secure them so that you won't lose them to scam because as you said you such amount of bitcoin them scammers would be thinking how to attack you.

[Ryu_Ar1]

It depends on your persistence in holding in the end because if accumulated at the current price the total bitcoin you currently have is around $6.8k and to reach $30k it means bitcoin needs a surge of about 5 times the current price and that indirectly you have to see bitcoin at a price of around $300k to make your nominal to $30k for the bitcoin you have.

If you are willing to wait long enough then it is possible that this price will still be crushed by bitcoin especially with its progress which is still very good for now and predictions for future seasons will also be the same but it would be better if you currently continue to focus on collecting bitcoin so that your assets are greater than today rather than busy with the thought that your total assets will be worth very high.
Because after all this needs to be a process especially if the target is $300k then it still takes a little longer because the focus may still be on $100k for now.

[minairia3]

This looks like a verbal accumulation of bitcoin because there is no evidence to show tht you have accumulated such amount of bitcoin. And for now and the cycle of the bitcoin price can't give you that amount in dollar until the price hit $400,000. The $30,000 price you are inspiring for is also a dream now. And if really you have them which is in doubt for me, you should secure them so that you won't lose them to scam because as you said you such amount of bitcoin them scammers would be thinking how to attack you.

Everyone's target is now $150K, and it is really optimistic price will hit $150k so soon. You know every time BTC breaks its previous ATH then BTC makes nearly 2x pump. After the last halving, we haven't seen any significant pump. So real Bull is gathering strength for the next cycle. For now, 150K is logical, 400k is not possible this cycle. So don't be too much emotional, speculate correctly, and set your target. if you are able to collect the full 1 BTC in your hodling bag or at least half then it is really impressive, will give you good output next cycle. if you don't have much money then speculate correctly and limit your expectations.

[PX-Z]

I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?

Bitcoin price keep increasing now, even price reach another ATH say @ 75k, you will get only around 9k, you keep accumulating in fast paced. But if you will depend on current market price with that amount, its impossible to reach that goal in the current cycle. Maybe in the next 2 years, who knows lmao.

[Cryptohygenic]

Currently that amount should be about $6k+ with current price @58,600 so you can achieve $30k when the price of bitcoin reaches $255k.

It is impossible to have bitcoin price at this rate of $255K this year considering the OP asking if he could hit a specific target of $30000 this year.
It is on probability for bitcoin bull run to happen this year to begin with and whether the bull run happens this year or not, it is impossible to hit about 4X of the previous bull run ATH at the rate of $69K.
We already have a current ATH of $73K and that margin of $255K would be impossible to hope for imthe Op to achieve $30K out his current $6K + at the current price of bitcoin at $58K +. So putting it straight to the OP, assuming bitcoin current price is $58K as per said, the Op will only be possible to achieve that $30K target if he can hold until bitcoin price reaches around $290K and then he can make his $30 out of his $6K current holding which approximately he would have to hold for about 5 years ahead. Although bitcoin isa volatile currency and so, the price values is most to be considered but there is no just way to meet that target this year or nearest unless to hold untill not less than two circle bull runs in time.
My exaggeration or predictions as it maybe is based on if we have to reach new ATHs within the ranges of 2X of the a recent past ATH.

[mirakal]

I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?

That's a great achievement. Kudos to you. But it currently only represents a bit more than $6000 actually, then reaching $30000 would represent a +400% increase, that's not possible unfortunately

If you only rely on buying and hodling bitcoin, that would really be impossible to achieve. You need to find other sources that would generate bitcoin for you. However, if you can't make it this cycle, then just continue accumulating bitcoin the next cycle until you hit your target in time. Patience is the best virtue here, so don't be pressured if your current goal won't be possible to happen.

[Dr.Bitcoin_Strange]

You might be able to make a 100% profit on your investment if Bitcoin surges above $100k before the bear market starts. If Bitcoin doesn't get above $100k, you cannot even see a 100% profit that is far from the $30k you are aspiring for, or did you mean to say $3k? $3k is possible.

With your current accumulated Bitcoin, it will require Bitcoin to reach $300k+ before you can only expect such a profit, and you don't know the year that Bitcoin will get to $300k. If you want to access such a huge profit in the short term, then you need to double your investment and keep accumulating more Bitcoin. Good luck.

[Gaza13]

I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?

I believe before you were able to reach this volume that you have accumulated, you did not just buy all at once; you were probably buying a little amount anytime that you had money to buy with, so I will advise you to continue with the same pattern and keep on accumulating and forget about how much what you are currently holding will be worth in the future.
 
If you can raise up to 0.2 to 0.3 btc, it will be easy for you to see $30,000 in the next bull run, even if it's not achieved in the coming bull run. There will be plenty of season if you continue holding on to that amount.

In my opinion, the advice you give to young people is quite good in this case, it seems that Op is still quite young, keep gathering as many friends as possible, remembering that your future is still quite long in this case, you can get a lot of things. more than what you mentioned above if you have the patience to hold it for a very long time.

[Y3shot]

I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?

You know  bitcoin can't be predicted which means you can't really tell what will be the gain you will make from your investment,  but one thing you need to understand for sure is that if you continue to hodl  this amount of Bitcoin that you have currently  with you and you will l surely make good profit. One of the problems people have always  with their investment is trying to predict the price of bitcoin  in in a short time.

[GigaBit]

I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?

You know  bitcoin can't be predicted which means you can't really tell what will be the gain you will make from your investment,  but one thing you need to understand for sure is that if you continue to hodl  this amount of Bitcoin that you have currently  with you and you will l surely make good profit. One of the problems people have always  with their investment is trying to predict the price of bitcoin  in in a short time.

There is no option to hold bitcoins to reach the target. Although there is no guarantee that you will ever get there. Because the market is moving between bearish and bullish. If the market reaches $100k then op's investment will almost double which we can see soon. Bitcoin will surely touch 100 in the upcoming bull market. But if OP wants to get what he expected then he must hold for long term. If he cannot do that, he will not reach his goal. Bitcoin went from 20k in 2017 to 69k by 2021. Those who invest now are sure to get multiples of their investment in the next few years.

[BABY SHOES]

WOUW... It's great that a 20 year old man managed to accumulate 0.1+ BTC, of course we can't reach that number but we try to accumulate with small numbers.

Want to make $30,000? Why not continue with your previous investment? If with the bitcoin assets you have you want to get to $30,000 it is a bit difficult unless bitcoin is at a price of $200K more, this is still possible but our hope in the next cycle is at most $150K.

If you are still financially capable, then just keep investing.

[Forsyth Jones]

This will depend on your consistency, if you hold this amount without spending anything, naturally due to the appreciation it will reach the level of $30000 in BTC.

However, if you buy regularly using DCA you will reach this goal faster. Be aware of offers to multiply your Bitcoin, these are usually traps and you will certainly lose money, instead, worry about maintaining your security, research cold storage and good wallets, never leave your bitcoins online.

Worry about accumulating more SATs (fractions in BTC) than having more fiat currency, 'cause in addition to being closer to reaching your goal, with patience and consistency you will not only be able to reach your goal, but you will be surprised by the HODL power.

[Orpichukwu]

I believe before you were able to reach this volume that you have accumulated, you did not just buy all at once; you were probably buying a little amount anytime that you had money to buy with, so I will advise you to continue with the same pattern and keep on accumulating and forget about how much what you are currently holding will be worth in the future.
 
If you can raise up to 0.2 to 0.3 btc, it will be easy for you to see $30,000 in the next bull run, even if it's not achieved in the coming bull run. There will be plenty of season if you continue holding on to that amount.

In my opinion, the advice you give to young people is quite good in this case, it seems that Op is still quite young, keep gathering as many friends as possible, remembering that your future is still quite long in this case, you can get a lot of things. more than what you mentioned above if you have the patience to hold it for a very long time.

Yes, this is true. Starting to accumulate at a very young age is the best way someone can be able to accumulate as much as they can before they can finally retire from whatever they do and have been given money.
 
Aside from that, they will also have more time than it will take for bitcoin to reach the exact price at which it can give them the kind of profit they need.

[uneng]

I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?

Right now your balance in BTC is worth 7029,04$ in dollar currency. To reach 30.000$, you need Bitcoin to make more than x4 its current price. It means Bitcoin has to value 253.000$ this bull run. For me it sounds unlikely, because it's just too expensive for Bitcoin to make that performance at once. Each new bull run Bitcoin grows slower compared to the previous one.

The most optimistic predictions point on that direction, but I prefer to be more realistic about potential Bitcoin scenarios for the following months. You did a good job by accumulating that amount of BTC. You should continue saving as much as possible, while Bitcoin is still below 60.000$. The more you accumulate, closer you are going to reach to the 30.000$ holdings mark you are looking for.

[rodskee]

I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?

congrats but be careful with giving out too much information about yourself especially where you are from

anyway $30k as profit alone would require bitcoin to go incredibly high for the cycle with your current amount of btc which might not be as realistic or doable however if you continue to buy more in cheap prices then there might be a chance you reach your target profit much quicker.

[Emmanuelex]

That's really nice. You really don't have to wait for the price to increase and give you $30k, you can continue to keep investing till you have that much, and if you're lucky along the way and the price goes up, you can get even more than that. Good luck 👍

[Hispo]

Congratulations, but you are not supposed to openly reveal how much money you are holding in Bitcoin or in any other cryptocurrency, that is a thumb rule if you are a bitcoiner, by the way. You could be targeted by scammers and spear fishers, do not underestimate them.

Keeping that aside, With that amount of Bitcoin you should consider to get a hardware wallet or some kind of cold storage to keep your Satoshis, do your own research on it. It is worth it and I would help you to sleep tighter.

[TheUltraElite]

What you can make and what you would make nobody knows for sure.

Depending on your salary, which I assume you dont have at the moment considering your age, life can be tough. Still being able to accumulate 0.11+ BTC is a nice feat, but you did not clarify the time period it took you to do so.

I would say focus on your education at this stage, keep bitcoin as a side hustle.

Another thing, the price of bitcoin as it keeps going upwards, the compared price in USD will be so small that common man's earning will be a much smaller number in BTC. So dont take that "amount" to be big, you goal should be to start accumulating at every dip.

[michellee]

I am glad you finally accumulated 0.1186448 BTC because that will not easy for some people to do that. If you wants to make a big profit, you must still accumulate more Bitcoin using DCA method. We don't know when you can make $30000 but when Bitcoin price rises, you will have that chance to make a big profit.

You can continue to accumulating as the price still not increase so high. We may see more correction coming so that will be your best chance to accumulate more Bitcoin. I hopes you don't panic when the correction comes but see that as a chance to buy Bitcoin at a low price.

Many people predicts that Bitcoin price can increase more than $100k so you still have an opportunity to buy more and more. The other suggestion is only use the money you can afford to lose in the Bitcoin investment.

[Dickiy]

That's really nice. You really don't have to wait for the price to increase and give you $30k, you can continue to keep investing till you have that much, and if you're lucky along the way and the price goes up, you can get even more than that. Good luck 👍

Yes this is a good suggestion, instead of waiting to get $30k profit from 0.1 bitcoin, and it will take a very long time the success rate is very small, it would be better to add to the coffers of bitcoin that you are currently storing and continue to invest long-term, if you want to get a good return, as an investor must be ready to take risks by holding longer and continuing to collect.

And it would be better to use a DCA strategy that you will target whether to buy weekly or monthly, this will greatly help you to target your long-term holdings. As long as I invest in bitcoin, I get a lot of benefits, and you can also take advantage of this, the key is patience