What Most People Still Don’t Get About 0.1 Bitcoin

[Furball808]

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.

[Alone055]

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.

Well, patience is important but one can't say that Bitcoin doesn't reward the smartest or the richest, because for one to get rewarded, they also need to have money that they can invest, and they should have the brains to understand everything before they start making investments.

I'm not saying that small investments don't make money, but I'm just saying that we are not in the 2011 era where if we buy right now, we will be able to get thousands folds of our investment in the next decade, that time is gone, and we can only get profits now. For example, if I invest $100 today, and Bitcoin manages to reach $900k in the next 10 years, I will only have $900, which is obviously not a life-changing amount but it's good profit.

So, even though patience does reward you, but having more money means you can make more money from your Bitcoin investment. It's simple as that.

[passwordnow]

I don't convince people anymore to buy Bitcoin. If they ask if it's a good time to buy, I'd say yes. But to the point of convincing them to buy, that's no longer my job. Maybe sending them videos like that might just give them the time to realize that it's anytime that they want to buy. Because if they're wasting time, I don't think that all of them does. Some are just patient enough thinking that they should wait more for the dip because there's a likelihood that the price might drop soon and that's why sometimes it's not wasting time but just being patient.

[EarnOnVictor]

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. 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.

[Orpichukwu]

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.

0.1 Bitcoin might appear small to some and also big to many. If that's supposed to be a target, one can always start from somewhere, and he or she will eventually get there. As long as the person is consistent, it will only be worrisome and discouraging if the person tries to hit his holding target all at once when DCA has made things even easier for the common man.

[Fiatless]

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.

They buy altcoins because they assume that Bitcoin is too expensive. As time goes they will realise that they bought shitcoins. When they lose money, they start attacking the crypto industry, calling its scam. Others are waiting for the price to get to their target before they buy.

You don't need to be smart or technically sound to invest in Bitcoin. It is the simplest yet most rewarding type of asset I have ever come across. It needs consistency and patience to benefit from Bitcoin.

[Churchillvv]

Firstly, so what is your opinion or your input apart from what the video says?  Because in my opinion it seem void without your own knowledge just bringing the video and what was talked about in the video to the forum for a discussion.

Regardless of that here in bitcointalk forum none of the information that was in the video that you can’t find in this board. If you decide to search it up or read across valuable threads.
0.1BTC is a good amount but for what exactly ? Retirement plan? Life time wealth ? Or what exactly….. for people to really see the value in bitcoin and how significant an amount can be is basically if they find a reason for having bitcoin! Which I know that has to do personal assessment and after that we can now know the value in 0.1BTC and what it means having it for the nearest future.

[SeriouslyGiveaway]

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.

If people can start to buy bitcoin, and maintain it patiently during a long time, they will accumulate very considerable Bitcoin portfolios. 0.1BTC is not small but not too big and by gradual accumulation, there will be time of reaching enough 0.1 BTC with many people.

The chart of addresses with balance > 0.1 btc shows that there are more and more Bitcoin addresses with 0.1 BTC at least and the chart trend with time is very upward.
https://www.bitcoinmagazinepro.com/charts/addresses-greater-than-0-1-btc/

DCA strategy is good and this website can help many newbies to start with their firstly estimation on DCA Bitcoin investment result and from good estimation, they will have good motivation for applying DCA strategy.
https://costavg.com/

[Hamza2424]

I don't convince people anymore to buy Bitcoin. If they ask if it's a good time to buy, I'd say yes. But to the point of convincing them to buy, that's no longer my job. Maybe sending them videos like that might just give them the time to realize that it's anytime that they want to buy. Because if they're wasting time, I don't think that all of them does. Some are just patient enough thinking that they should wait more for the dip because there's a likelihood that the price might drop soon and that's why sometimes it's not wasting time but just being patient.

Likelihood of bitcoin going down can be a fake one, like a trap, bro the market makers and media has been working together for some time or maybe long time and they all start to give negative ideas to the people and make them think what they should not be thinking but they do it because they want them to react as together because only then their agenda can be fulfilled which can be to dump the market.

Or create a fake hope among buyers, they will keep waiting while another 2 to 3 billion might pump the market again and the same buyers will be panicking and they will start buying but at that time the market will dump. The buyers who are being smart will end up buying high again haha. The dilemma is, there is not high or low buying when we are buying for long term.

[cr1776]

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.

It has been the same for 16-17 years.  Even in 2010 people were lamenting that it was a fraud or too expensive or they were late.  Ditto 2011 at dollar parity. 

[TheUltraElite]

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.

[Zaguru12]

It has been the same for 16-17 years.  Even in 2010 people were lamenting that it was a fraud or too expensive or they were late.  Ditto 2011 at dollar parity. 

The reality is that it is actually not everyone that will even be buying bitcoin, most will be at end of FOMO. Most will be forever procrastinators. If someone can actually be waiting for price to buy and fails to buy bitcoin when it fell from an all time high of $20k in 2017/2018 to around $3k still didn’t buy and then got another opportunity again last cycle when the all time high was around $69k in 2021/2022 and fell to $15k and yet still didn’t see the bottom then to buy. Do you think that such person will ever buy again when we all know that the volatility of those years can never be reached again. The fell in all time highs in 2017/2018 and 2021/2022 cycles were 84% and 77% respectively which I don’t see such lows been revisited ever again. At most I see this cycle actually facing just 65% fall from all time high (price at $45k) lowest.

In 2017/2018 you need just $2k to get 0.1 bitcoin at ATH then but people call it expensive and then similar opportunity came again when bitcoin fell from $69k to below $20k in 2022 and yet people call it expensive while others say it’s more risky now. Do you expect this people to actually buy 0.1 bitcoin with ~$7k at the current market price when it is 3x from there supposed very expensive price? I doubt.

[Free Market Capitalist]

In 2017/2018 you need just $2k to get 0.1 bitcoin at ATH then but people call it expensive and then similar opportunity came again when bitcoin fell from $69k to below $20k in 2022 and yet people call it expensive while others say it’s more risky now. Do you expect this people to actually buy 0.1 bitcoin with ~$7k at the current market price when it is 3x from there supposed very expensive price? I doubt.

And even more so considering that since then we have seen increasingly lower returns, not even reaching 2X the ATH of the previous cycle by 2025, while bear markets have remained similar. Retail investors are not going to be motivated by this. They are now chasing the next AI stock or investing in precious metals.

[purple_sparkles]

In 2017/2018 you need just $2k to get 0.1 bitcoin at ATH then but people call it expensive and then similar opportunity came again when bitcoin fell from $69k to below $20k in 2022 and yet people call it expensive while others say it’s more risky now. Do you expect this people to actually buy 0.1 bitcoin with ~$7k at the current market price when it is 3x from there supposed very expensive price? I doubt.

And even more so considering that since then we have seen increasingly lower returns, not even reaching 2X the ATH of the previous cycle by 2025, while bear markets have remained similar. Retail investors are not going to be motivated by this. They are now chasing the next AI stock or investing in precious metals.

I think now is not the most suitable time to invest in precious metals. As for companies involved in AI development, this is still an insufficiently studied area for me, so I can’t comment on it with confidence. However, it seems that bitcoin has reached a stage where it can be accumulated using DCA method. Although I also believe that we are unlikely to see a tenfold increase at the peak of the new cycle, much depends on how long we are ready to lock our money into what could be called a bitcoin deposit. But I can say for sure, if this is money you can afford to forget about and not rely on for several years, it may generate more profit than a bank deposit in local currency, which inflation can eat up faster than we even begin to feel the returns.

[Alpha Marine]

If you want to convince someone to buy bitcoin, this might be the best video for it.

It will be good for educational purposes, but it should not be used to convince people to buy Bitcoin.
There is no point in trying to convince people to buy Bitcoin. All you can do is educate them on what Bitcoin is and leave them to make the decision themselves. When you convince them, they buy Bitcoin without having an understanding of what Bitcoin is, and just buy because you ask them to. So if, unfortunately, things don't go well, maybe they get scammed or hacked or the price dipps and they don't get the profit when they expected or the desired amount of profit they were hoping for, you will be blamed.
So instead of trying to convince people, just educate them and let them make the decision themselves.

[PrivacyG]

I do not see why somebody needs to feel a hurry to put their Money in some thing they do not even understand the basics of enough.  Some people do not want Bitcoin, this does not have to be a problem.  Bitcoin can do well with out them on its own.

The people who do not want to buy Bitcoin for how expensive it is are only making excuses for them selves.  Bitcoin is not like a car, you do not need to have a whole unit to make it work.  If they wanted, they would get even if it was only a fraction of it.  People however generally run after turning hundreds into millions in a single move, they will keep running either forever or until they give up.  0.1 Bitcoin is a lot of Money to many people today.  Few would risk that much for an Asset they can not even explain.

[nakamura12]

That's because they didn't bother making a research that it doesn't have to be 0.1 bitcoin in order to invest. They can try buying bitcoin much smaller than 0.1. They should have made a research then they would have already bought some bitcoin even if it's around 0.001 btc instead of having to buy 0.01 btc or 0.1 btc. It's always been like that where they say that they cannot afford bitcoin because it is very expensive but one thing they miss is that it's not necessarily have to be 1 btc but rather depends on the minimum that an exchange let you buy and the amount of money you can afford to risk or amount of money you have.

[noorman0]

Their confidence level doesn't reach 0.1BTC, regardless of its value. As Bitcoin reaches its ATL each cycle, buying pressure also decreases, and people no longer see it as an opportunity. So, in reality, buying impulses are thwarted by their own financial conditions when Bitcoin is overpriced, and thwarted by FUD when Bitcoin is underpriced. These confidences also becomes a psychological cycle that repeats itself until they truly own no Bitcoin at all.

[adultcrypto]

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.

The Capitalist did a fantastic job in that video as he gave a very detailed explanation on the importance of investing in bitcoin.  The cartoon character he used in that video clearly depicts what he was saying and I love how he drew a correlation between bitcoin supply and the growing demand to arrive at the conclusion that bitcoin is bound to appreciate in value over time which makes it a very unique investment opportunity. Anyone sitting in the sideline will definitely consider buying bitcoin after watching that video. 0.1BTC is already out of the reach of many, we can add more zeros to make it realistic for people. By this I think we should be planning our investment in terms of the quantity of bitcoin rather than the value in dollar. For instance, if an investor aims to own 0.01BTC, he will most likely do better in achieving that target than someone that aims to have $10,000 total investment in bitcoin.

[Zaguru12]

And even more so considering that since then we have seen increasingly lower returns, not even reaching 2X the ATH of the previous cycle by 2025, while bear markets have remained similar. Retail investors are not going to be motivated by this. They are now chasing the next AI stock or investing in precious metals.

I think the bear market also hasn’t remained the same until we see where it stops this year, for now it is just as the bullish trend of this cycle both having a reduced volatility because currently we are just around 50% fall from the ATH and in those years we have seen the least dropped was 77% but right most of us do not see that happening so the volatility reduction is in pump bullish and bearish conditions too, if 2x upward is looking difficult then 80% Price dump is also not feasible at the moment