Do you guys think 0.1BTC is enough to "make it"? - page 3.

livingfree

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Quote from: DoublerHunter on December 09, 2021, 05:25:43 PM

Quote from: livingfree on December 09, 2021, 05:13:02 PM

Quote from: Olayinka2225 on December 09, 2021, 11:29:42 AM

I can authoritatively say 0.1btc is enough to make it in life depending on the current price of 1btc if the fellow make judicious use of it. If the person know the right project to invest in if it has to be same in crypto and if it is outside crypto, then it has to be the right business.

The goal of OP is like owning a mansion with that price. Bitcoin reaching a million would suffice that.

As you said, the purpose would be enough if it's just about being content in life. But we all have different purposes and ambitions.

^ Having 0.1BTC is not that enough to have a mention, even though 1BTC is not enough thou.
But if BTC's price will surpass half-million dollars, there could be a chance, I have seen many threads talking about how much BTC you can build or purchase a house, other said 1BTC is enough for them and probably this will depend on which country you are. However, I will rather hold my BTC and wait until when it will up the price from which I purchase.

1 btc would be enough depending on which part of the world you're living.

With that amount, you can start your own good life and you're going to work a lot everyday but just to be wise.

You have to let it grow so that you're be living a decent life without being stress with your bills.

DoublerHunter

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Quote from: livingfree on December 09, 2021, 05:13:02 PM

Quote from: Olayinka2225 on December 09, 2021, 11:29:42 AM

I can authoritatively say 0.1btc is enough to make it in life depending on the current price of 1btc if the fellow make judicious use of it. If the person know the right project to invest in if it has to be same in crypto and if it is outside crypto, then it has to be the right business.

The goal of OP is like owning a mansion with that price. Bitcoin reaching a million would suffice that.

As you said, the purpose would be enough if it's just about being content in life. But we all have different purposes and ambitions.

^ Having 0.1BTC is not that enough to have a mention, even though 1BTC is not enough thou.
But if BTC's price will surpass half-million dollars, there could be a chance, I have seen many threads talking about how much BTC you can build or purchase a house, other said 1BTC is enough for them and probably this will depend on which country you are. However, I will rather hold my BTC and wait until when it will up the price from which I purchase.

livingfree

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Quote from: Olayinka2225 on December 09, 2021, 11:29:42 AM

I can authoritatively say 0.1btc is enough to make it in life depending on the current price of 1btc if the fellow make judicious use of it. If the person know the right project to invest in if it has to be same in crypto and if it is outside crypto, then it has to be the right business.

The goal of OP is like owning a mansion with that price. Bitcoin reaching a million would suffice that.

As you said, the purpose would be enough if it's just about being content in life. But we all have different purposes and ambitions.

Olayinka2225

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I can authoritatively say 0.1btc is enough to make it in life depending on the current price of 1btc if the fellow make judicious use of it. If the person know the right project to invest in if it has to be same in crypto and if it is outside crypto, then it has to be the right business.

Fredomago

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Quote from: worle1bm on December 08, 2021, 04:21:35 AM

At this time having 0.1BTC will not build up some mansions or bungalows for you as at this time it's too low for some big luxurious house but if you can hold it for some time then you can surely buy it in coming time.For instance like if the bitcoin goes above $100k or even above then spending some fractions will also buy you some mansion of your choice but still wait for that time.

You need to add lots of patience if you want that to happen. So far it's still far from reality, bitcoin is not that much yet. But we are not removing the possibilities that this crypto investment will bring us huge profits in the long run,

The last 10+ years prove that those who believes manifest a very high amount of profits. Most of them became millionaires, and it's still possible to happen again.

Just keep your hope high and not to be afraid, work deeper and add knowledge. It will give you a good hint to increase your hold asset.

Henrobakkara

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Quote from: UmerIdrees on December 09, 2021, 05:26:56 AM

Quote from: arabspaceship123 on December 07, 2021, 08:15:10 AM

0.1 BTC isn't going to be enough because there's competition. In the future bitcoin could be overtaken by rivals so it's possible it'll become worthless.

Bitcoin has not reached its peak and potential and therefore it's not right to think that it may be replaced by something better. Even if this was to happen, it may another 50 years to first completely accept bitcoin all over the world, then to find something which can act as an even better mode of currency. Brother we may not be living by that time

I strongly believe in bitcoin and also think the 0.1BTC even as at today's price isn't really much for a house let alone a mansion in my location and I don't think it also has to take 50 years for bitcoin to be accepted all over the world and this might never happen anyways. That said, see where bitcoin is in less than 2 decades of its existence, impressive, so this means people have now had better ideas to develop what could be better, not impossible. At the end of the day, guess time will tell.

UmerIdrees

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Quote from: arabspaceship123 on December 07, 2021, 08:15:10 AM

0.1 BTC isn't going to be enough because there's competition. In the future bitcoin could be overtaken by rivals so it's possible it'll become worthless.

Bitcoin has not reached its peak and potential and therefore it's not right to think that it may be replaced by something better. Even if this was to happen, it may another 50 years to first completely accept bitcoin all over the world, then to find something which can act as an even better mode of currency. Brother we may not be living by that time

Rufsilf

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Quote from: Amejoaquim on December 08, 2021, 03:43:45 AM

Anyway if you can hold your bitcoin untill 2030 my estimation your 0.1 could buy a house, a lambo, a family car, a McDonald's meal, or nothing, the truth lays somewhere in between probably, so a decent car is my guess. BTW, The long term average ROI for holding Bitcoin: 100% per year. Run that out for ten years with compounding.

Yes indeed, that's what I'm talking about. For now that 0.1 btc isn't going to give much in life that you want especially that mansion the OP's talking about. But sooner, let's say if bitcoin will worth $500,000 then maybe that time you can able afford it already or even other luxurious and expensive things as well. Just hold it for now and be positive always because bitcoin will explode soon.

arabspaceship123

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What's going to happen to bitcoin if it's banned in America or Europe? I'm sure 0.1 BTC isn't going far to help to make it. Let's say things get better and Bitcoin use increases do you think 0.1 BTC is seriously enough? I'm thinking it isn't.

andriarto

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for long-term investment, I think later you can buy a house like your dream, but when that happens, no one knows, maybe it can happen sooner or later, which is definitely sometimes beyond our expectations. But if the house you want is a luxury house, I think it will take more time, because the analysis must be logical

MIner1448

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If you look from the perspective, indeed, taking into account the bitcoin hype and its price tag in the future, 0.1 bitcoin will be a lot of money, taking into account its demand in the future, because almost every experienced person wants bitcoin in his wallet.

worle1bm

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At this time having 0.1BTC will not build up some mansions or bungalows for you as at this time it's too low for some big luxurious house but if you can hold it for some time then you can surely buy it in coming time.For instance like if the bitcoin goes above $100k or even above then spending some fractions will also buy you some mansion of your choice but still wait for that time.

Amejoaquim

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Anyway if you can hold your bitcoin untill 2030 my estimation your 0.1 could buy a house, a lambo, a family car, a McDonald's meal, or nothing, the truth lays somewhere in between probably, so a decent car is my guess. BTW, The long term average ROI for holding Bitcoin: 100% per year. Run that out for ten years with compounding.

arabspaceship123

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0.1 BTC isn't going to be enough because there's competition. In the future bitcoin could be overtaken by rivals so it's possible it'll become worthless.

Quote from: slaman29 on December 03, 2021, 04:18:33 AM

The only way 0.1 BTC can make it, and this is purely on the point that you have and hold and never add to the 0.1 BTC is if Bitcoin gets to $1 milllion. So, my answer would be yes, if you're willing to wait 10 or 20 years, since that's how long I think it will take for Bitcoin to get to 1 million dollars. And that's not really a long wait if you think about how long it's been since Bitcoin's been around

Fredomago

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Quote from: Finestream on December 06, 2021, 08:11:09 AM

Quote from: thatcryptoalien on November 28, 2021, 02:05:47 PM

Do you think 0.1BTC will be like owning a mansion?

Well, frankly, I think with the current market value of bitcoin now, I'm afraid it's not possible for you anywhere in the world now to build or buy a mansion with only 0.1 btc. But we'll see it in the near future if bitcoin will actually reach like $200k USD or more then maybe you can build or own yourself a mansion.
And aside from that option, there's some mansions that are old enough historically, maybe that 0.1 btc of yours can actually afford it depending on the place or current owner.

Who knows what the market will bring after another 10 years, if Bitcoin continue to be more valuable that said amount might be worth millions in fiat value, but currently even in the poorest place in the world that amount won't be able to own a mansion. You need to stay cool.
and be patient while waiting for more rise.

Bitcoin always has a big surprise for all holders and investors. Right now might be a good timing to anyone who still wanted

to invest and wait for some luck to earn huge profits.

Vaskiy

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Quote from: Sirait on December 06, 2021, 01:58:24 PM

Quote from: thatcryptoalien on November 28, 2021, 02:05:47 PM

Considering the supply vs global population = 0.003BTC per person to go around.

Then other factors like not all 21 million will be in circulation due to lost wallets/deceased hodlers who never informed anyone where their seed is, and also an increasing global population and future generations who all want in.

Do you think 0.1BTC will be like owning a mansion?

of course but when the bitcoin price reaches over $1 million. there are many predictions that predict bitcoin will be increasingly in demand in the future but it will be very difficult to get and that makes the price soar. the amount of bitcoin that can't be added and subtracted is really the perfect concept to make bitcoin high value.

If the growth takes place as mentioned, then it is fine. But, to be on the realistic ground $1000k is something impossible. Because, anything and everything that has a value beyond limits is caused as a result of destruction. I don't know how far it is true, but I believe in it. The limited supply is sure to increase the demand, but will the demand leads to such a rise in value is still an unsolved question.

stadus

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Quote from: Oshosondy on November 28, 2021, 02:09:26 PM

If 1 bitcoin is $54000 now, 0.1 bitcoin will be $5400. Can $5400 buy or build a mansion in your region, that answer is left to you. But to me in my country, 0.1 bitcoin can only buy a piece of land, it can not be used to build a mansion to completion, but 1 bitcoin can build a small beautiful house in my area. I do not know of the future, as bitcoin price is increasing, this can later likely be possible.

I think he is thinking of the bitcoin's price in the future, not the current as 0.1 BTC is obviously a small amount to create a mansion. OP is probably trying to invest now (either slow or instant accumulation), and be one of the long-term investors until the value of 0.1 BTC will reach the amount of his target.

If in the long run, BTC's value will increase to $10 million, then probably 0.1 BTC could already build a mansion especially if you are living in a developing country.

Sirait

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Quote from: thatcryptoalien on November 28, 2021, 02:05:47 PM

Considering the supply vs global population = 0.003BTC per person to go around.

Then other factors like not all 21 million will be in circulation due to lost wallets/deceased hodlers who never informed anyone where their seed is, and also an increasing global population and future generations who all want in.

Do you think 0.1BTC will be like owning a mansion?

of course but when the bitcoin price reaches over $1 million. there are many predictions that predict bitcoin will be increasingly in demand in the future but it will be very difficult to get and that makes the price soar. the amount of bitcoin that can't be added and subtracted is really the perfect concept to make bitcoin high value.

Cloutgod

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It all depends on the person the 0.1BTC is given to . Because if properly managed he can't triple it or even quadruple it but with the wrong decisions he might end up squandering it

Dark Shadow

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I think that we'll have to wait a long time before we can actually buy Mansions with 0.1 BTC because at the current price that would be impossible. But if it's price keeps rising then we'll definitely be able to buy a Mansion with 0.1 BTC.

Topic: Do you guys think 0.1BTC is enough to "make it"? - page 3. (Read 1223 times)