What Most People Still Don’t Get About 0.1 Bitcoin

[Hypnosis00]

Bitcoin is highly volatile, that makes it a risky investment. And anyone who dares to convince someone to buy bitcoin because there are promising profits, you will end up the villain once their expectations from their investment aren't met. That's why I chose to stay silent and just keep it to myself. And let's just say I already learned my lesson the hard way.

The truth is, its not how many bitcoins you have bought and keep it to your wallet. But its the discipline and consistency that bring you to the bigger heights of your investment. It's not how early you decide to buy bitcoin, but its how long you were able to keep your bitcoin despite of its market highs and lows.

[suzanne5223]

Despite how the video seems to be informative about Bitcoin accumulation i still never consider it as something convince someone to buy Bitcoin when we have a lot of topics on this forum that can do more. Besides, I detect that no matter how the potential of BTC was explained to people, those who won't buy it won't, and those who will buy BTC will do it because the computing power and potential of BTC is hard for some people to understand or trust since it is not in charge of a traditional entity.

One can still be smart, rich and patient at the same time. Not all self-proclaimed smart people are always impatient; they put their brains to work and don't always try to outsmart everything. When dealing with risky assets (Bitcoin is not 100% risk-free), we need to apply whatever we think will be helpful to us in terms of accumulating, and then patience is the last thing one needs to have since it's more rewarding to hold for as long as possible; then you can enjoy the reward of being a patient holder.

I have a good point, but i believe some smart people are impatient at some point, while some ignore the reality about things due to their overconfidence in their knowledge, and I believe that's the area where their impatience comes in.
It is not that they are directly impatient, it's their over smartness trust without cross checking things but they may not apply whatever its helpful when it cimes to accumulation   

[ThemePen]

We know that amount is really very rare and so Bitcoin is good rarity bet against normal money which is constantly losing value to rising prices. Most smart way of saving will not be to try to guess market through trading, which almost always leads to losses, but to save using DCA and since time has always shown that those who are careful and hold on and not rush will get greatest rewards in the end. It is now fast closing door of chance to buy Bitcoin as fair money shield that can neither be stopped nor printed, as even some big groups are starting to think about it and putting itself as safer place, owner of small part of coin nowadays might soon find themselves in top group on Earth which even people with millions of dollars to their name will be unable to join someday.

[dunfida]

Came across this youtube video titled What Most People Still Don’t Get About 0.1 Bitcoin. It said in the video that Bitcoin doesn’t reward the smartest or the richest. It rewards those who one simple truth. That time always works for the patient. It basically talks about how time is being wasted every time you hesitate to buy bitcoin. It also talked about people who won’t buy bitcoin because it’s too expensive and they can’t afford it when in reality 0.1 Bitcoin is already a significant amount especially in the future when it becomes even more and more scarce.

The video also talked about DCA strategy, explained the halving event, the ETFs, inflation of fiat money. If you want to convince someone to buy bitcoin, this might be the best video for it.

I dont really mind much about forcing someone to invest with Bitcoin, but if they would reach out to me then a simple one line or paragraph of definition should be enough. If they are interested into the investment part or side then telling them that it isnt some magic internet money that can grow and make money instantly. If they would be having that different approach and perception then they would directly show up some signs of disappointment on which it do proves out that most people would be having this kind of mentality about it. The key on here is that you should be only investing into the amount that you can afford to lose, its not bad to aim for 0.1 or less as long you are that making up some accumulation. People would be starting out to make up such move or decision on buying when the market is already show up some green candles on which it is that very absurd on this case. On the moment that they have realized something then its already too late specially if the price is so low that it wont be possibly be able to see or reach it down again and that is a one time missing lifetime opportunity to buy cheap.

[TedMosby]

Current World Population (2026): 8.27 billion.
Source: https://www.worldometers.info/world-population/

World’s top 1% own more wealth than 95% of humanity.
Source: https://www.oxfam.org/en/press-releases/worlds-top-1-own-more-wealth-95-humanity-shadow-global-oligarchy-hangs-over-un

The estimated number of lost Bitcoin: 2.3m ~ 3.7 million BTC.
Source: https://www.ledger.com/academy/topics/economics-and-regulation/how-many-bitcoin-are-lost-ledger/

So, the effective circulating supply of Bitcoin is around 18.7m ~ 17,3. Let's just say 18.7m.

The "raw" calculation to become the 1% BTC holder:
18.7 million / 1% x 8.27 billion = 0.226 BTC

[m2017]

Came across this youtube video titled What Most People Still Don’t Get About 0.1 Bitcoin. It said in the video that Bitcoin doesn’t reward the smartest or the richest. It rewards those who one simple truth. That time always works for the patient. It basically talks about how time is being wasted every time you hesitate to buy bitcoin. It also talked about people who won’t buy bitcoin because it’s too expensive and they can’t afford it when in reality 0.1 Bitcoin is already a significant amount especially in the future when it becomes even more and more scarce.

I myself am well aware of these missed moments when I lacked a small internal impulse to buy bitcoin. Moreover, at those moments when bitcoin cost very little, but it seemed that the price at that time was prohibitively high. In the same way, many people now think that bitcoin is expensive (even taking into account the current discount price), but in the future it will definitely turn out that the price is very low now.

If you don’t have enough free money for 1BTC, then you can find it for 0.1BTC, 0.01BTC, 0.001BTC and so on. There would be a desire.

The video also talked about DCA strategy, explained the halving event, the ETFs, inflation of fiat money. If you want to convince someone to buy bitcoin, this might be the best video for it.

Who do you want to convince to buy bitcoin using this video?

First of all, you need to convince yourself and there is no need to meddle in other people’s lives, imposing bitcoin. Give people freedom of choice. Those who want to invest will one day come to this realization on their own.

[Outhue]

I've always said my own, there will be a big difference between someone who have a fraction of Bitcoin than those who don't have anything, people are screaming that 1 BTC costs a kidney but they willingly don't want to participate because they feel like having 1 BTC is better than having 0.1BTC.

The future will tell a different story, because 0.1BTC will one day be worth what 1 BTC used to cost.
With a simple maths you can tell that this is possible in every way.

[sunsilk]

I've always said my own, there will be a big difference between someone who have a fraction of Bitcoin than those who don't have anything, people are screaming that 1 BTC costs a kidney but they willingly don't want to participate because they feel like having 1 BTC is better than having 0.1BTC.

The future will tell a different story, because 0.1BTC will one day be worth what 1 BTC used to cost.
With a simple maths you can tell that this is possible in every way.

It's much better to have something than nothing. I understand those people thinking that they should own 1 BTC.

But the thing is, if they can't even accumulate 0.1 or even less than that, they are not going to make it up to 1 BTC or more.

That's because the encouragement starts with the little that they can try to accumulate than looking quickly to a big amount that they think will encourage them.

Accumulation starts in the little that you can until it grows more.

[nemesis_incarnate]

I've always said my own, there will be a big difference between someone who have a fraction of Bitcoin than those who don't have anything, people are screaming that 1 BTC costs a kidney but they willingly don't want to participate because they feel like having 1 BTC is better than having 0.1BTC.

The future will tell a different story, because 0.1BTC will one day be worth what 1 BTC used to cost.
With a simple maths you can tell that this is possible in every way.

It's much better to have something than nothing. I understand those people thinking that they should own 1 BTC.

But the thing is, if they can't even accumulate 0.1 or even less than that, they are not going to make it up to 1 BTC or more.

That's because the encouragement starts with the little that they can try to accumulate than looking quickly to a big amount that they think will encourage them.

Accumulation starts in the little that you can until it grows more.

Accumulation starts where knowledge about BTC is.

It starts from the moment you understand you can HODL and why so

[Sticky Bomb]

Convincing someone to invest in bitcoin should never be our hidden motto.

Investing in something requires their hard earned money, it seems OP does not understand that, the choice is free and bitcoin reinforces that, but they are doing the opposite, forcing an opinion on others.

No doubt it would be good if new investors come into bitcoin, but they should be given the free choice and bitcoin should not feel like some cult to them, doing so makes it a point of suspicion.

This is the first thought I had when I saw the topic, it should never be about convincing anyone, it's great if we enlighten anyone we feel that is interested in crypto enough of the good project Bitcoin is, however we shouldn't only say the good sides but give a balanced explanation of both it's pros and cons and allow the person make their decision. Some people advertise Bitcoin so strongly that it arises surprising in the mind of the interested person

This would relief us if any pressure that comes with being held responsible for any misunderstanding and mistakes the person makes while investing into Bitcoin.

[sunsilk]

It's much better to have something than nothing. I understand those people thinking that they should own 1 BTC.

But the thing is, if they can't even accumulate 0.1 or even less than that, they are not going to make it up to 1 BTC or more.

That's because the encouragement starts with the little that they can try to accumulate than looking quickly to a big amount that they think will encourage them.

Accumulation starts in the little that you can until it grows more.

Accumulation starts where knowledge about BTC is.

It starts from the moment you understand you can HODL and why so

There are people who got money and they have started to accumulated even without the knowledge. Because they've just heard and seen people became successful holding Bitcoin.

And that has became their motivation and used it as a shortcut that they're walking in the right path. But it's not advisable to get into it.

So I agree that someone who started to accumulate, they should have the foundation about BTC even the most basic one and not just from other people that they have seen.

Although it's not a bad thing that it became their reason why they invest and later on, did their research.

[Furball808]

The video also talked about DCA strategy, explained the halving event, the ETFs, inflation of fiat money. If you want to convince someone to buy bitcoin, this might be the best video for it.

It's good we continue to have this kind of encouraging message passed across, it's not new, but yet people are still postponing the days of their Bitcoin investment. I hope they've learned form their past mistakes, and now that Bitcoin has dropped significantly, the serious ones could be getting involved little by little, and the DCA strategy is a good way to achieve this.

Yes, people are slowly waking up. Time may have passed but nothing is too late when you live for the present. If you wait even more, there could be less opportunities for you. Don’t wait until you’re the last person on Earth to buy bitcoin.

However, the 0.1 BTC might look easy, but it's still very difficult for some people to save up. This shouldn't still be a discouragement, they should save what they are capable of instead of having a baseline.

It really won’t be easy. There’ll be a lot of challenges before we reach our goals but patience is and will always be the key.

[davis196]

Came across this youtube video titled What Most People Still Don’t Get About 0.1 Bitcoin. It said in the video that Bitcoin doesn’t reward the smartest or the richest. It rewards those who one simple truth. That time always works for the patient. It basically talks about how time is being wasted every time you hesitate to buy bitcoin. It also talked about people who won’t buy bitcoin because it’s too expensive and they can’t afford it when in reality 0.1 Bitcoin is already a significant amount especially in the future when it becomes even more and more scarce.

The video also talked about DCA strategy, explained the halving event, the ETFs, inflation of fiat money. If you want to convince someone to buy bitcoin, this might be the best video for it.

Most people lack patience therefore most people won't be able to benefit from investing and HODLing Bitcoins. OP, this a Bitcoin forum. There's no need to post here about pro-Bitcoin videos on Youtube. The people in this forum are already convinced about the future of Bitcoin. Try to share this video across social media and especially in groups, that are full of crypto haters. Their reaction would be priceless. I'm sure that 99% of the BTC haters won't believe in this "invest in BTC and just be patient, bro" mentality and will insist on their believe that the end of BTC will come this year or next year. I have finally come to the conclusion that it's pointless to convince a Bitcoin hater about the huge potential behind Bitcoin.