Does it take us a long time to reach 1 BTC

[Vaskiy]

It would take quite a long time for someone to accumulate 1 Bitcoin if they were only able to invest $100 per month from their salary. We know that the price of Bitcoin can rise or fall at any moment; this can either accelerate or slow down portfolio growth. But in this case, I think one needs to set aside how long it takes to accumulate 1 Bitcoin.  I mean, if they are consistent about it, then that 1 Bitcoin should eventually be accumulated.

The accumulation process is indeed very lengthy and requires patience, but you can still multiply your holdings if you are able to capitalize on market volatility. If you have good trading skills, then it is very possible for you to multiply your bitcoin by trading. Many people also do this instead of relying solely on their monthly salary for periodic accumulation.

In many parts of the world $100 is very big. Some families run their family through the month with $100. In that stance periodic spending of $100 have more value. In my belief a person who dedicatedly accumulate $100 per month can financially uplift his future generation. A person starting at the age of 25 starts to accumulate $100 per month means he'll make 1 BTC by the age of 90. As said, the volatility will give gains and when it is almost five years of accumulation surely, we'll have $6000 - $7000 worth bitcoin. This is more for regular trading practice. Good learning about market and continued spending of $100 will surely make them have 1 BTC in another 10 years of time.

[Samlucky O]

If we consistently buy with a Budget of $50 per week, it seems like it will take us almost 32 years to reach 1 BTC. Is that too long to reach 1 BTC? Do we need to budget more Money to reach 1 btc in our portfolio?

Well, if we Buy with a budget of $500 per week, it might only take us 3.5 years to reach 1 BTC.

I think we should calculate how long we will continue buying bitcoin and when we will enjoy it. Because if we are 30 years old, it will take us 32 years to reach 1 BTC with $50 per week. By the time we are 62, We will have 1 BTC.
Do you estimate how long You have set aside to buy bitcoin?

you can only accumulate bitcoin according to your financial capacity, so estimating to buy 1 bitcoin will be determined by your financial level. it is not a must that everyone should buy 1 bitcoin, it is often said that you should buy what you can afford to lose and not what you cant afford to lose, not investing all you have. i dont dispute the fact that people can not afford 1 bitcoin but it should be within your capacity. if you are going to buy it, do it within your discretion and not all you fund.

[whiteblue]

if you are going to buy it, do it within your discretion and not all you fund.

I realize what I'm doing. Investing in Bitcoin isn't bad, and it's not worse. I mean, Bitcoin assets will increase in value, and I'm confident that will happen. In fact, we see many successful people because they are holders.

I plan to follow in their footsteps, regardless of what my neighbors or relatives say, because historically, courage in investing has been a great hope for changing one's fate.

So, I will organize my balance sheet to be better, my finances better than before. I must stop wasting money or wasting money on online shopping. It might not be a matter of time, but it might be quicker for me to reach 1 BTC.

[GeorgeJohn]

you can only accumulate bitcoin according to your financial capacity, so estimating to buy 1 bitcoin will be determined by your financial level.

It's acceptable...accumulating of bitcoin is a choice or desires by everyone who is lover of bitcoin or bitcoin enthusiast, so it doesn't necessarily mean that some must use a huge amount of funds before it can accumulate bitcoin...Someone who is interested to invest in bitcoin, will invest with what it has...

it is not a must that everyone should buy 1 bitcoin, it is often said that you should buy what you can afford to lose and not what you cant afford to lose, not investing all you have. i dont dispute the fact that people can not afford 1 bitcoin but it should be within your capacity. if you are going to buy it, do it within your discretion and not all you fund.

Actually, anyone who is into bitcoin investment, should have know that, venturing into bitcoin, you have go into it, with what you can afford to lose, and as a bitcoin investor, you will not wait until you have millions or billion before you invest invest in bitcoin, i understand that investing in bitcoin is done willingly and accumulating a bitcoin is done by choice, and every investment an investor is embarking on, most have a target....

[blockman]

That's the goal but don't make it hard for yourself for calculating how long it will take you to have 1 BTC by DCAing in smaller amounts. Because of how high the price is right now, you'll be discouraged of the estimation of how long it will have to be for you to reach that whole bitcoin.

So, I will organize my balance sheet to be better, my finances better than before. I must stop wasting money or wasting money on online shopping. It might not be a matter of time, but it might be quicker for me to reach 1 BTC.

Your efforts of decreasing your expenses so that you can reach the 1 BTC is actually a smart idea. While others think of how they won't be able to reach that, the people like you who are determined in reaching that will do something about it and that's to either work for more and reduce the expenses.