Topic: a Monopoly-Inspired Journey to Accumulate 1 BTC (Read 212 times)
Given the low value of your initial investment. I say you just put it all in for bitcoin and wait things out until the next halving. If you have any ways of earning that 30 dollars back, like a job or something it would even be advantageous if you could consistently put down 30 bucks for your bitcoin investment at regular intervals. It's called DCA (Dollar Cost Averaging) which is one of the best ways for regular investors to accumulate bitcoin on a regular basis until they reach 1 bitcoin.
Now, let's take that Monopoly strategy and apply it to the world of cryptocurrency. Imagine I'm aiming to accumulate 1 BTC, and all I have is $30 to start with.
OK, let's start!
In Monopoly, you start at $1500 and a house is between $50-$300 and the most expensive hotels are at $2000.
You have $30 and you want to get 30,000.
So, the obvious strategy here is to quit thinking like is like a cardboard game and follow Tytanowy Janusz advice and get a job!
If you want to earn 1 Bitcoin with that $30, you can start by trading. And with your trading skills, you might get 1 Bitcoin but you don't know how long you can accumulate up to 1 Bitcoin.
Oh, or maybe you're suggesting we gamble with that $30?
Oh, or maybe you're suggesting we gamble with that $30?
Trading crypto is gambling, it's just that some are so proud and so scared about the cold reality that they try to draw one hundred lines on some chart and think they are predicting the price while at the same time, they shit bricks every single second the price moves in the other direction. Don't even try to give me the TA bs, it's just copied, trading crypto is a pure gamble and just as in gambling some make money, so do some in trading. But the majority end penniless.
We should not underestimate the power of little, we can start small and grow big with time, there are few ways i can suggest for us in doing this as i think it's not something new, we might have been used to them in may occasions, we can go on trading with that money and allow it to continue growing in it, we can also recommend holding it after we would have acquired bitcoin by buying the dip with $30 and holding for the next target of bullrun after halving, we must also be reminded that everything about this decision takes time and patience.
Yeah, pretty sure $30 will turn in 3 million after the next halving! Definitely! Bulletproof!
Why don't you sell your house if you're so sure the next halving will give you so much in profits?
I find it really stupid, you know you're going to make at least x5 for sure, and you're just kickin' this huge opportunity!
You don't have a house? Ask your relatives to sell theirs, after all after the halving they will be able to buy a palace!
We should not underestimate the power of little, we can start small and grow big with time, there are few ways i can suggest for us in doing this as i think it's not something new, we might have been used to them in may occasions, we can go on trading with that money and allow it to continue growing in it, we can also recommend holding it after we would have acquired bitcoin by buying the dip with $30 and holding for the next target of bullrun after halving, we must also be reminded that everything about this decision takes time and patience.
What other investments or assets can you invest this kind of tiny amount and expect huge returns? People are being ridiculous with BTC, it is simply decentralized money that is volatile and can rise because of fixed supply and demand, it doesn't provide magic revenue. If what you can afford is $30 for dca, then it is fine, but don't expect huge revenue or to save up 1BTC which is almost impossible or will take forever as price will continue to rise. Don't even talk about trading with only $30 to get up to 1BTC! "Hello everyone! I've got a perspective on investing that I'd like to share. Hopefully, it can provide some insights for our future BTC owners to make the most out of their investments. Mant individuals see the journey to 1 btc a very impossible one because of its current price, this thread is for every to put their iq together and work up a solution.Back in my younger days, I was introduced to the classic game of Monopoly – a familiar one for sure. Now, let's take that Monopoly strategy and apply it to the world of cryptocurrency. Imagine I'm aiming to accumulate 1 BTC, and all I have is $30 to start with. How would this journey unfold in the crypto realm? This is a bit of an intellectual exercise, so put your thinking caps on and let's map out our path to the red hotel 🏨 😁. I'm sure this game will be an enjoyable one for all. And hey, let's also invite our experienced seniors to share their wisdom. Here's to aiming for the moon!"
There are no shortcuts, you want to have one bitcoin then that is a nice goal to have as only a very limited amount of people will be able to get the privilege of doing so, however time and opportunities wait for no one, your starting capital is simply too low, as your only opportunity to get one bitcoin with that amount of money is to invest in a shitcoin and hope for an incredible growth to happen, but this is so improbable and your chances of losing your money so high that you might as well just burn your money. 
If you want to earn 1 Bitcoin with that $30, you can start by trading. And with your trading skills, you might get 1 Bitcoin but you don't know how long you can accumulate up to 1 Bitcoin.
That's BS! You can't seriously recommend people to expect a 100000% return on "trading". If you could do that, you wouldn't be here.Wasnt there a few threads over the years where people wanted to trade their way up to
a nominated amount of Bitcoin in a certain space of time? it could also have been to gamble
their way "up the Bitcoin ladder" - I cannot remember.
So as per the OP and the analogy of Monopoly - I'm taking it that the OP is looking for our
ideas on what we would buy for $30 and sell for a clear profit, then using that sum to buy
& sell again - over and over.
I think it is doable but it would take far too long and at thus stage the timing is wrong just
when we will be entering a bull market, Bitcoins market value will stretch ahead quicker than
that $30 can multiply.
So what could any of us buy for $30 and sell for $60 to make a clear profit after costs
are taken out? Personally I'm wracking my brains to think of...
Why need to be obsessed? this time you're want to achieve 1 BTC, after you've achieved it you will look how to make 10 BTC, after you've achieved it you will look how to make 100 BTC and always continue to get those numbers.
When you're want to earn such big amount of money, usually you need to sacrifice many thing including your health, relationship, even you can do illegal thing. This is the reason why I think it's not good to always obsessed with numbers, far better if you only think do the best everyday.
When you're want to earn such big amount of money, usually you need to sacrifice many thing including your health, relationship, even you can do illegal thing. This is the reason why I think it's not good to always obsessed with numbers, far better if you only think do the best everyday.
Experience bitcoin investors wouldn't see this as something to think about because it doesn't make sense. Imagine what you said,using your childish game to compare it with bitcoin accumulation. Game is game,investment is investment and how do they connect. $30 for a start is a good idea but it will take you so many years to accumulate 1BTC,if you DCA weekly. You need to do this for 18+yrs that is with the current price of bitcoin at 26030 as am writing this post and if the price goes higher that this,sorry it will take longer years. This is like a mission impossible. Get a job and speed up your accumulation of 1BTC dream fast.
It can be done, but you need to be consistent and have the mental toughness to do it. The question is, are you willing and ready to invest $30 and what is your plan then? This is not like a game inspired journey, this is real money and so with that you need to be very careful of it.
But if you are ready then, by all means, try to DCA $30 a week and start your accumulation period. As I have said, it's going to be very hard in the beginning and in the end because it's going to be very long and deliberate and there are a lot of bumps and humps along the way.
But if you are ready then, by all means, try to DCA $30 a week and start your accumulation period. As I have said, it's going to be very hard in the beginning and in the end because it's going to be very long and deliberate and there are a lot of bumps and humps along the way.
Now, let's take that Monopoly strategy and apply it to the world of cryptocurrency. Imagine I'm aiming to accumulate 1 BTC, and all I have is $30 to start with. How would this journey unfold in the crypto realm? This is a bit of an intellectual exercise, so put your thinking caps on and let's map out our path to the red hotel 🏨 😁. I'm sure this game will be an enjoyable one for all. And hey, let's also invite our experienced seniors to share their wisdom. Here's to aiming for the moon!"
We should not underestimate the power of little, we can start small and grow big with time, there are few ways i can suggest for us in doing this as i think it's not something new, we might have been used to them in may occasions, we can go on trading with that money and allow it to continue growing in it, we can also recommend holding it after we would have acquired bitcoin by buying the dip with $30 and holding for the next target of bullrun after halving, we must also be reminded that everything about this decision takes time and patience.
I am not going to lie, the reason why I am still standing my ground with Bitcoin and crypto investment is because I am making money and it's not difficult for me to DCA into my favorite assets.
Let's for once stop deceiving ourselves, There is no way around investment than getting a job and getting paid every month, you can't be jobless and start accumulating Bitcoin, two things will deal with you.
1. You will exhaust yourself when you run out of money to DCA in the next month since no new money is coming into your pocket.
2. You will feel more pain when your wrongfully acquired asset keeps going down.
Steady income fixes investment worries in people's lives than those who aren't making money or who have no job.
Let's for once stop deceiving ourselves, There is no way around investment than getting a job and getting paid every month, you can't be jobless and start accumulating Bitcoin, two things will deal with you.
1. You will exhaust yourself when you run out of money to DCA in the next month since no new money is coming into your pocket.
2. You will feel more pain when your wrongfully acquired asset keeps going down.
Steady income fixes investment worries in people's lives than those who aren't making money or who have no job.
If you want to earn 1 Bitcoin with that $30, you can start by trading. And with your trading skills, you might get 1 Bitcoin but you don't know how long you can accumulate up to 1 Bitcoin.
That's BS! You can't seriously recommend people to expect a 100000% return on "trading". If you could do that, you wouldn't be here. 
If you want to earn 1 Bitcoin with that $30, you can start by trading. And with your trading skills, you might get 1 Bitcoin but you don't know how long you can accumulate up to 1 Bitcoin.
I don't know how to get 1 Bitcoin for only $30 because I only know how to do it through trading. But maybe you can give us your idea so we can follow it and succeed in collecting 1 Bitcoin.
Oh, or maybe you're suggesting we gamble with that $30? That's what came to my mind because in playing Monopoly, you will walk according to the dice. If so, I don't think it's a good idea for us because gambling can make you lose $30.
I don't know how to get 1 Bitcoin for only $30 because I only know how to do it through trading. But maybe you can give us your idea so we can follow it and succeed in collecting 1 Bitcoin.
Oh, or maybe you're suggesting we gamble with that $30? That's what came to my mind because in playing Monopoly, you will walk according to the dice. If so, I don't think it's a good idea for us because gambling can make you lose $30.
You have $30 to start with? That's not bad at all, but I will like to know why you are making things more complicated for yourself, what is monopoly got to do with Bitcoin accumulation? Just make sure you have a job that pays and bring food on your table, and also make sure the job is enough to cover your investment, because if monopoly and that $30 is all you have you won't get anywhere.
Since 1BTC is your target, I think you should invest in a hardware wallet first, that's the safest place for such an amount of Bitcoin, keep taking some percentage from your salary and invest in Bitcoin and do not let Bitcoin investment comes between your responsibility, invest only what you can afford to lose.
Since 1BTC is your target, I think you should invest in a hardware wallet first, that's the safest place for such an amount of Bitcoin, keep taking some percentage from your salary and invest in Bitcoin and do not let Bitcoin investment comes between your responsibility, invest only what you can afford to lose.
Monopoly is a game that has gone wrong. Fun fact: it was developed a woman, Lizzie Magie, as a way to educate people on the negative aspects of monopolization and how focus on privatization of stuff is ultimately unfair to the public. Then a guy named Charles Darrow played it once at a friends' house and decided that, actually, there's a way to transform it into a positive game about capitalism and call it "Monopoly".
Monopoly encourages buying land and property to win the game, basically encourages centralization of wealth and disregard for public good. Bitcoin is a decentralized currency, something that is closer to the opposite of Monopoly as we know it today. So, to be honest, I think it's just ideologically too different to build a strategy of accumulating Bitcoin on this game.
Monopoly encourages buying land and property to win the game, basically encourages centralization of wealth and disregard for public good. Bitcoin is a decentralized currency, something that is closer to the opposite of Monopoly as we know it today. So, to be honest, I think it's just ideologically too different to build a strategy of accumulating Bitcoin on this game.
Some say you can earn 1 Bitcoin from signature campaigns. Many of them pay up to around 0.004 Bitcoin per week, that means it takes 5 years to stack a whole Bitcoin. If Bitcoin goes up in value it might take longer.
~snip~
~snip~
There are also some sig campaigns that pay up to $200+ (even $250 per week), which means that theoretically it would be possible to earn 1 BTC in a little more than 2 years if the monthly amount was around $1000. Of course, considering that it is not forbidden to have alt accounts and participate with them in different sig campaigns, I think that some earn 1 BTC much faster than others.
The OP is definitely not in that position because he doesn't have a sufficient rank to begin with, and I believe he doesn't have enough knowledge either. But that is no reason for him not to try to go in that direction as well, if he becomes active on the forum, he will surely learn a lot, and he will be given the opportunity to earn something along the way.
"Hello everyone! I've got a perspective on investing that I'd like to share. Hopefully, it can provide some insights for our future BTC owners to make the most out of their investments. Mant individuals see the journey to 1 btc a very impossible one because of its current price, this thread is for every to put their iq together and work up a solution.Back in my younger days, I was introduced to the classic game of Monopoly – a familiar one for sure. Now, let's take that Monopoly strategy and apply it to the world of cryptocurrency. Imagine I'm aiming to accumulate 1 BTC, and all I have is $30 to start with. How would this journey unfold in the crypto realm? This is a bit of an intellectual exercise, so put your thinking caps on and let's map out our path to the red hotel 🏨 😁. I'm sure this game will be an enjoyable one for all. And hey, let's also invite our experienced seniors to share their wisdom. Here's to aiming for the moon!"
There are many ways to do it. But let's just go with the basic method and that's to have more source of income. That's the first one, the others are like selling things for Bitcoin and the same goes with services.
You said it about the game monopoly, I don't know how that game goes but I've heard that when I was a kid and it's like the entire economy goes on and the same goes with our local neighborhood, shops, etc.
Some say you can earn 1 Bitcoin from signature campaigns. Many of them pay up to around 0.004 Bitcoin per week, that means it takes 5 years to stack a whole Bitcoin. If Bitcoin goes up in value it might take longer.
Of course, many people join Bitcointalk for only this reason, and most of them fail. Depending on where you live and local wages it might be easier to buy a piece of Bitcoin every month. And it doesn't hurt to diversify a bit on the stock market to spread your risk.
You've been here a year now, if you don't own Bitcoin yet, you're doing it wrong.
Of course, many people join Bitcointalk for only this reason, and most of them fail. Depending on where you live and local wages it might be easier to buy a piece of Bitcoin every month. And it doesn't hurt to diversify a bit on the stock market to spread your risk.
You've been here a year now, if you don't own Bitcoin yet, you're doing it wrong.
Why did you put your post in quotation marks? Are you quoting someone else?
Is it supposed to be a brain-storming exercise, or will you follow with an explanation of the Monopoly strategy that you've mentioned?
Anyhow, I find having a goal of achieving a whole bitcoin silly. There's nothing special about number "1", I'd much rather have 0.49754 of btc if it trades at $100k than have 1 btc at $10k.
You should be aiming for your btc holdings to be a certain % of your portfolio instead.
Is it supposed to be a brain-storming exercise, or will you follow with an explanation of the Monopoly strategy that you've mentioned?
Anyhow, I find having a goal of achieving a whole bitcoin silly. There's nothing special about number "1", I'd much rather have 0.49754 of btc if it trades at $100k than have 1 btc at $10k.
You should be aiming for your btc holdings to be a certain % of your portfolio instead.
Well, I hope Bitcointalk doesn't disappoint me and give the OP a few merits for saying he wants to accumulate a Bitcoin.
Let's assume you can save $30 a week, which is going to take a long time to accumulate 1 Bitcoin. If it was $30 a month it would be even worse. Using https://dcabtc.com/ we see that if you get to start about 6 and a half years ago or so today you would have 1 Bitcoin. But the price in the future will go up and it will cost much more to accumulate, so it will take you at the very least twice as long to accumulate 1 Bitcoin. Think that 6 years ago the price was 10 times lower.
The good thing is not to get obsessed with round figures. If you start now and instead of accumulating a whole Bitcoin, let's say that in 5 years you have accumulated 0.1 Bitcoin instead of a whole 1 Bitcoin, the purchasing power of that amount will be considerable.
Imagine I'm aiming to accumulate 1 BTC, and all I have is $30 to start with.
Let's assume you can save $30 a week, which is going to take a long time to accumulate 1 Bitcoin. If it was $30 a month it would be even worse. Using https://dcabtc.com/ we see that if you get to start about 6 and a half years ago or so today you would have 1 Bitcoin. But the price in the future will go up and it will cost much more to accumulate, so it will take you at the very least twice as long to accumulate 1 Bitcoin. Think that 6 years ago the price was 10 times lower.
The good thing is not to get obsessed with round figures. If you start now and instead of accumulating a whole Bitcoin, let's say that in 5 years you have accumulated 0.1 Bitcoin instead of a whole 1 Bitcoin, the purchasing power of that amount will be considerable.
"Hello everyone! I've got a perspective on investing that I'd like to share. Hopefully, it can provide some insights for our future BTC owners to make the most out of their investments. Mant individuals see the journey to 1 btc a very impossible one because of its current price, this thread is for every to put their iq together and work up a solution.Back in my younger days, I was introduced to the classic game of Monopoly – a familiar one for sure. Now, let's take that Monopoly strategy and apply it to the world of cryptocurrency. Imagine I'm aiming to accumulate 1 BTC, and all I have is $30 to start with. How would this journey unfold in the crypto realm? This is a bit of an intellectual exercise, so put your thinking caps on and let's map out our path to the red hotel 🏨 😁. I'm sure this game will be an enjoyable one for all. And hey, let's also invite our experienced seniors to share their wisdom. Here's to aiming for the moon!"
I can't relate the game with targeting how to own 1BTC, maybe because I played the game of Monopoly when I was young. To me getting to the mark of acquiring 1BTC requires planning and hard work because days are done when Bitcoin can be acquired cheaply. Currently, you can own Bitcoin by mining, buying, or earning. Mining Bitcoin is capital-intensive which means you have to save to buy the necessary equipment. You also need money to buy the coin from people or organizations that are willing to sell theirs. Some jobs give employees the option of receiving their pay in Bitcoin, if you have the necessary skills you can get such jobs and earn your coins.
You can start with $30 but I will suggest that if you want to buy Bitcoin in lump sum you have to keep saving until you have some good amount. But if your are considering buying gradually in a consistent manner, you can consider using DCA method. But I encourage you to start planning to get to your goal of owning 1BTC because you can achieve it.
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