Best strategy on how to accumulate 1 whole Bitcoin.

[Harchive]

This math will cause you more stress to your brain because you will be running around to meet up with the certain amount so that the Bitcoin will be competed in the needed years, I don't like this idea.

If you want the best for yourself it is better to do it accordingly to what you can afford, everyone has responsibility and DCA into Bitcoin might differ, you can be able to buy $200 worth of Bitcoin this week but only $50 in the coming week, just do it as it comes, don't kill yourself because you want to acquire 1 Bitcoin in some numbers of years.

DCA becomes a easy thing if you are getting paid via your job or business, this is all you need, the amount won't be always be accurate unless you are getting paid enough and don't sweat it, just go the easier route for yourself.

[xmrhopium]

So what do you think? Because I think all methods can be achievable with consistency.

I don't know if this actually work for everyone or not, this only looks simple and easy just pressing calculator and dreaming about accumulating the whole one coin in given year, but in reality, things goes different.

When people see profits, they sell it immediately, can't go with the figure (depends accordingly). When the price goes down trend and they panic then sell it, they thinks it is a scam, if the price goes sideways for a long time.

If you just came here that someone said Bitcoin is the future, you must go in buy for it, which is nice but it is also very risky at the same time that rushing vastly & totally depending on Bitcoin (only aiming at for it), investing all your savings in one that you must know market is much volatile and can turn around the direction quickly.

Instead, there’s no need to be in rush. Buy in small amounts according to what you can afford and hold it for the long term. 

[Youngrebel]

What you think is the best is no t a best for others. Someone can get 1 BTC in a year if he wants to and in the five years plan the person can have up to 5 or more. All depends on the income of the person. The best way to do it is a the DCA strategy. Though your analysis is also DCA strategy but there was no need to go that far analysis. Op I will advise you not to pursue what you can't achieve a specific period but be consistent and persistence on the buying of the coin weekly or monthly with what you can afford and not to over spend to empty your account. You can use disposable income.

[tread93]

I have always wanted to own some Bitcoin ever since I heard about it as the currency for the future and the best asset for investment which brings peace of mind, due to  government and Centre banks not having full control over it, but also I have also thought that if we want to achieve accumulating a whole 1 Bitcoin, then there has to be a strategy or way to do that. Which is why I thought creating this article for my follow newbies who may ever wish to someday want to own a whole 1 Bitcoin on the best strategy to accumulate 1 whole Bitcoin within a certain period of time (e.g 5yrs, 10yrs and 20yrs)


5 Years Strategy (How to accumulate 1 whole Bitcoin in 5yrs)

* To accumulate 1 whole Bitcoin in 5yrs, there are two ways to go about it, which is either you invest weekly or monthly.
*If you choose to invest weekly, then you need to know the number of weeks available in 5yrs,
* Because in 1yr, there are 52 weeks
* That means in 5yrs = 52 x 5 = 260 weeks
* That means 5yrs = 260 weeks
Hence, to know how much BTC require to invest weekly to achieve your goal = 1BTC/260wks = 0.003846 BTC
Therefore, that means in other to achieve accumulating 1 Bitcoin, you need to invest 0.003846 BTC weekly for the next 5yrs



10 Years Strategy (How to accumulate 1 whole Bitcoin in 10yrs)

*If you choose to invest weekly, then you need to know the number of weeks available in 10yrs,
* Because in 1yr, there are 52 weeks
* That means in 10yrs = 52 x 10 = 520 weeks
* That means 10yrs = 520 weeks
Hence, to know how much BTC require to invest weekly to achieve your goal = 1BTC/520wks = 0.001923 BTC
Therefore, that means in other to achieve accumulating 1 Bitcoin, you need to invest 0.001923 BTC weekly for the next 10yrs



20 Years Strategy (How to accumulate 1 whole Bitcoin in 20yrs)

*If you choose to invest weekly, then you need to know the number of weeks available in 20yrs,
* Because in 1yr, there are 52 weeks
* That means in 20yrs = 52 x 20 = 1040 weeks
* That means 20yrs = 1040 weeks
Hence, to know how much BTC require to invest weekly to achieve your goal = 1BTC/1040wks = 0.0009615 BTC
Therefore, that means in other to achieve accumulating 1 Bitcoin, you need to invest  0.0009615 BTC weekly for the next 20yrs



So what do you think? Because I think all methods can be achievable with consistency.

These are all great strategies,  its easy to lay them all out on the table for everyone to see but the execution of this actually takes quite a bit of effort and sacrifice! This is also assuming that 1 bitcoin will still be attainable by the average working man, I hope that everyone can achieve this milestone but unfortunately not everyone can have 1 whole bitcoin!

[Gaza13]

The most important thing you have to do if you want to achieve it quickly is not to rely on just one source of income, you have to build other sources of income. If this is done well and smoothly, you will certainly achieve it much faster. Secondly, avoid a luxurious lifestyle. Successful people usually postpone their gratification first. I think if we are disciplined and consistent in implementing all of this, something that seems impossible will definitely be achieved, even though we built all of this with a lot of struggle and hard work that took a long time.

[Z_MBFM]

The strategy you have created is easy to think about but not easy to implement. Saving such an amount every week consistently for many years is not possible for everyone. The amount that needs to be saved every week in a 20-year plan is like $107 according to the current price of Bitcoin. But the price of Bitcoin will not stay like this, it will cross a bigger milestone at the next ATH. So saving such an amount for 20 years is possible for someone who is already rich. The supply of Bitcoin is very limited but the demand is very high and its demand will increase even more in the future so it is almost impossible to acquire a whole 1 Bitcoin unless you are at least a millionaire

[OcTradism]

The strategy you have created is easy to think about but not easy to implement. Saving such an amount every week consistently for many years is not possible for everyone. The amount that needs to be saved every week in a 20-year plan is like $107 according to the current price of Bitcoin. But the price of Bitcoin will not stay like this, it will cross a bigger milestone at the next ATH. So saving such an amount for 20 years is possible for someone who is already rich. The supply of Bitcoin is very limited but the demand is very high and its demand will increase even more in the future so it is almost impossible to acquire a whole 1 Bitcoin unless you are at least a millionaire

The bottom line of Dollar Cost Averaging DCA strategy is using your money for investment gradually over time with different purchases at different prices and on different times. You must manage your finance generally and your investment capital particularly well enough so that you can spend your money for investment very regularly with comfortable investment fund for each purchase.

With DCA strategy, there is unnecessary pressure on investor like overspending for one purchase or sudden need of a large purchase just because you feel the market is giving you very great entry opportunities.

[leonair]

The strategy you have created is easy to think about but not easy to implement. Saving such an amount every week consistently for many years is not possible for everyone. The amount that needs to be saved every week in a 20-year plan is like $107 according to the current price of Bitcoin. But the price of Bitcoin will not stay like this, it will cross a bigger milestone at the next ATH. So saving such an amount for 20 years is possible for someone who is already rich. The supply of Bitcoin is very limited but the demand is very high and its demand will increase even more in the future so it is almost impossible to acquire a whole 1 Bitcoin unless you are at least a millionaire

The bottom line of Dollar Cost Averaging DCA strategy is using your money for investment gradually over time with different purchases at different prices and on different times. You must manage your finance generally and your investment capital particularly well enough so that you can spend your money for investment very regularly with comfortable investment fund for each purchase.

With DCA strategy, there is unnecessary pressure on investor like overspending for one purchase or sudden need of a large purchase just because you feel the market is giving you very great entry opportunities.

Investing a certain amount in Bitcoin every week is a difficult task because everyone's financial situation is not always the same, so if you continue investing in Bitcoin by following the DCA method according to your financial situation and ability, you will accumulate a good amount of Bitcoin at a time. However, it is very difficult to acquire the entire 1 Bitcoin. Those who have the ability to accumulate the entire 1 Bitcoin in a scheme system can also buy 1 Bitcoin in one transaction. So I think that according to the op's strategy, you should continue investing in Bitcoin by following the DCA method according to your ability without taking a specific time or amount target.

[Juicyhome]

You don't have to put yourself in unnecessary pressure, Bitcoin investment is here to stay, so do not feel you are lacking behind. accumulate bitcoin base on your pocket, we have people that are buying 1 bitcoin daily because they can afford to buy it. they have the resource to accumulate that. But if you do not have like them, buy at your level while you invest in other things that will generate you daily money.  the most important is to have some quantity of bitcoin in your wallet, you can also set a target of buying some certain amount of bitcoin at the end of the month.

In our generation we still have the opportunity to own 1 bitcoin, but lack of funds to use to buy is the major problem. Next generation will find it very hard to own one 1 bitcoin, the price will sky rock. the fact that you are buying it a bit by bit is a progress. so do not panic  keep hodling with time you will have our desire 1bitcoin.

[betswift]

The bottom line of Dollar Cost Averaging DCA strategy is using your money for investment gradually over time with different purchases at different prices and on different times. You must manage your finance generally and your investment capital particularly well enough so that you can spend your money for investment very regularly with comfortable investment fund for each purchase.

With DCA strategy, there is unnecessary pressure on investor like overspending for one purchase or sudden need of a large purchase just because you feel the market is giving you very great entry opportunities.

I agree.

With DCA - nerves disappear, becauce if you work toward yours goal properly, you do it the same way you did it the last week or month: and you don't give anything to what the market entails, dip or bullish sentiment, you just push forward.

[o48o]

Would love to see this calculation compared to bitcoin's projected chart and see how many of you think they can afford the 20 year.

As if bitcoin is only $1 million dollar, that 0.0009615 turns to $961.5, and if it's lower than that. And if it's less then $1M, was it even a best possible investment anyway?

I would hope that by now, people would focus less on round whole numbers as they are relative.

[Patikno]

5 Years Strategy (How to accumulate 1 whole Bitcoin in 5yrs)

* To accumulate 1 whole Bitcoin in 5yrs, there are two ways to go about it, which is either you invest weekly or monthly.
*If you choose to invest weekly, then you need to know the number of weeks available in 5yrs,
* Because in 1yr, there are 52 weeks
* That means in 5yrs = 52 x 5 = 260 weeks
* That means 5yrs = 260 weeks
Hence, to know how much BTC require to invest weekly to achieve your goal = 1BTC/260wks = 0.003846 BTC
Therefore, that means in other to achieve accumulating 1 Bitcoin, you need to invest 0.003846 BTC weekly for the next 5yrs

So what do you think? Because I think all methods can be achievable with consistency.

Easy in theory, but difficult in practice. Assuming we implement a 5-year strategy to accumulate 1 Bitcoin, as you describe, it is extremely difficult. Let me do the math, there are 52 weeks in a year (on average actually), and let is assume we bought Bitcoin at an average price of $170,000. So, we need to save about $654 in Bitcoin per week, or about $93 per day, which is very difficult for most people (my assumption). Even if the Bitcoin purchase price were $100,000, that would mean we need to save about $384 in Bitcoin per week, or about $55 per day. The 20 year strategy you described is still difficult for most people I think, because we need to save about $96 per week, or $13.7 per day (if we buy Bitcoin on $100k), and I deliberately made the calculations simple to make it easier to do the calculations temporarily.

By the way, this is just an assumption, which means there is no certainty, because of the volatility of the price.

So, I think the most sensible approach is to save as much Bitcoin as possible each week or month, using a portion of our income (savings), and try not to disturb our Bitcoin savings for a long period of time. In addition, we should assume that the savings we make will increase 5 times or 10 times in the next few years (as self-motivation or self-reinforcement).

[reagansimms]

Accumulating 1 Bitcoin requires time, patience, and the right strategy. Using the DCA method is very effective in making it easier for you to achieve your investment goals. Financial capability is the most important factor in implementing long-term investment planning. The right strategy is also essential to make it easier for you to allocate a portion of your income to buy Bitcoin regularly.

To achieve the goal of having 1 Bitcoin requires a minimum of five years or more, of course this calculation depends on the amount you can invest periodically. I also want to remind you to be extra cautious when accumulating Bitcoin, at least by staying away from things that could harm you, such as clicking on phishing links. When it comes to long-term investment, you need to consider how to secure your Bitcoin to prevent your plans from being derailed.

[OcTradism]

Accumulating 1 Bitcoin requires time, patience, and the right strategy. Using the DCA method is very effective in making it easier for you to achieve your investment goals. Financial capability is the most important factor in implementing long-term investment planning. The right strategy is also essential to make it easier for you to allocate a portion of your income to buy Bitcoin regularly.

Your accumulation target depends on your finance and your investment capital that you will likely manage to have for your bitcoin accumulation. 1 bitcoin can be an overhead target with you but it is easy and not a target of a millionaire or billionaire who possibly want to have 100 or 1,000 BTC if possible.

So let's be realistic with your finance and set up your own bitcoin accumulation target, then try to do it with a good strategy, for example with DCA strategy, a long time until a day you reach that target.

To achieve the goal of having 1 Bitcoin requires a minimum of five years or more, of course this calculation depends on the amount you can invest periodically. I also want to remind you to be extra cautious when accumulating Bitcoin, at least by staying away from things that could harm you, such as clicking on phishing links. When it comes to long-term investment, you need to consider how to secure your Bitcoin to prevent your plans from being derailed.

If your finance is not good, you will not be able to accumulate 1 bitcoin within five years, but as I said above, if 1 bitcoin is out of your ability, you can reduce that target to 0.5 BTC or 0.1 BTC and you must finish it first. Then, you can continue your accumulation and increase it with time.

My reminder is don't buy altcoins and hope that you will get richer and get more bitcoins through altcoins. Altcoins can weak, low quality and you can lose big money for altcoins while can not increase your bitcoin amount.

[Crypto Library]

Even you showed good strategy for accumulating the 1 whole bitcoin but I will say that will not gonna be enough for the most of the people. Because I think most people in this world don't earn $110.21 a week, whereas following your strategy would take at least 20 years if we were to adopt Bitcoin at $110 a week at the current price.

So I want to say here that there is no obligation for us to hold a whole Bitcoin. We can invest as much as we can according to our ability. For example, let's say I have the ability to adopt Bitcoin at the rate of $10 per week, and if I continue this regularly for a long term, then I will get good benefits from it. And if I invest the majority of my salary only in coins to accumulate 1 whole bitcoin, then this strategy will definitely not be successful because the market will rise and fall and I will have to sell holding or investment bitcoin to meet my needs.

[Mahanton]

Even you showed good strategy for accumulating the 1 whole bitcoin but I will say that will not gonna be enough for the most of the people. Because I think most people in this world don't earn $110.21 a week, whereas following your strategy would take at least 20 years if we were to adopt Bitcoin at $110 a week at the current price.

So I want to say here that there is no obligation for us to hold a whole Bitcoin. We can invest as much as we can according to our ability. For example, let's say I have the ability to adopt Bitcoin at the rate of $10 per week, and if I continue this regularly for a long term, then I will get good benefits from it. And if I invest the majority of my salary only in coins to accumulate 1 whole bitcoin, then this strategy will definitely not be successful because the market will rise and fall and I will have to sell holding or investment bitcoin to meet my needs.

Not everyone has the same financial capacity or stability to follow a fixed accumulation plan like $110 a week it’s easy for people online to say “stack sats until you get one whole Bitcoin” but in reality many people around the world can’t afford to put that much aside consistently and still manage their basic needs what matters isn’t owning a full Bitcoin but being consistent with whatever amount you can comfortably invest without hurting your daily life.

The idea of DCA works best when it’s sustainable over time even $10 a week can make a difference if you keep it steady for years the goal should be to grow your holdings gradually without pressure not to match someone else’s target it’s better to hold a small amount that you never need to sell than to overcommit and be forced to liquidate during market volatility meeting your living expenses should always come before investing. The market will always move up and down and sometimes emergencies will come so flexibility is important Bitcoin accumulation is a long term process not a race owning even a fraction of Bitcoin still gives you exposure to its potential growth since it’s divisible down to satoshis it allows anyone regardless of income level to participate in the system.

[SOKO-DEKE]

You really try by breaking it down for some people on how they can accumulate their 1 Bitcoin, but as for me, I feel every method is the best method to accumulate 1 Bitcoin. All someone needs to do is stay focused and continue accumulating. The point is that not everyone knows how to keep accumulating with the same amount of money every month or every week, because there will be some months or weeks when we face certain challenges. It’s possible that our discretionary funds may not remain the same amount all the time.

I just feel that focusing on accumulating and having a target is key. One day, you will be able to reach that 1 Bitcoin. It’s even possible that someone can be accumulating Bitcoin monthly, and one month they could be lucky and receive an unexpected amount of money from elsewhere, which could allow them to increase the amount they use to buy Bitcoin at that time.so the point just just be that someone remain focus.

[Renampun]

snip
So what do you think? Because I think all methods can be achievable with consistency.

Such calculations are very easy, but quite difficult to do, because all of that requires consistency as you said, but consistency is what is more difficult for people to have, sometimes you have financial problems and that disrupts your accumulation, or other things that make you unable to accumulate consistently at that fixed amount. so the best strategy is to first organize your finances, and then invest your discretionary income, no need to stress yourself on a fixed amount like that, just invest the amount you can, and keep tracking your progress in the long term, without realizing it you might reach your goal.

[Dunamisx]

Bitcoin accumulation may not come that easy for us to have till we get to 1btc, except we already have have the money needed and convert from fiat to Bitcoin, which we also knows the rate and value of 1btc to USD, but in life, there's nothing impossible, we can always be able to keep accumulating and holding, selling and buying and making profits, then reinvesting back into bitcoin and keep the asset profitable over time.

[Crypto Library]

Not everyone has the same financial capacity or stability to follow a fixed accumulation plan like $110 a week it’s easy for people online to say “stack sats until you get one whole Bitcoin” but in reality many people around the world can’t afford to put that much aside consistently and still manage their basic needs what matters isn’t owning a full Bitcoin but being consistent with whatever amount you can comfortably invest without hurting your daily life.

The idea of DCA works best when it’s sustainable over time even $10 a week can make a difference if you keep it steady for years the goal should be to grow your holdings gradually without pressure not to match someone else’s target it’s better to hold a small amount that you never need to sell than to overcommit and be forced to liquidate during market volatility meeting your living expenses should always come before investing. The market will always move up and down and sometimes emergencies will come so flexibility is important Bitcoin accumulation is a long term process not a race owning even a fraction of Bitcoin still gives you exposure to its potential growth since it’s divisible down to satoshis it allows anyone regardless of income level to participate in the system.

You are right, if we talk about the total population of the world being 8 billion people, then it will be seen that 80% of them do not have the ability to invest $100 a week in Bitcoin alone. And so, our plan will not actually be an effective investment, but rather it may lead to many people investing most of their income in Bitcoin and later selling Bitcoin after a loss to use it for emergency fund needs.

So the best thing is to adopt the DCA strategy and continue to make a regular investment here every week according to your ability. This way we don't need to see whether we have one Bitcoin or not.