Topic: Do you own 1 Bitcoin? (2022 edition) (Read 2098 times)

Yeah, some people really only see the name and the price, and don't really care too much about anything.

That's why there's a huge market for basically worthless coins created from thin air, and after a while those coins just stop existing because, well, they never existed really. It's just a mechanism to transfer real money into the hands of the creator of those coins.

Greed will continue to exist, and people will continue to try to earn more money in the short term by buying these altcoins, but in the end they usually lose everything.

Bitcoin is really different, but many people don't see it. They just see a price attached to it and that's it.

People can do whatever they want, and they will continue losing their money in altcoins.

 I just wonder how most of us really get fucked with shitcoins before we learn and deviate. Although some never get into the fucked up altcoin shit, really most of us got a taste of it (like myself).

Another thing that gets people tangled up with those fucked shitcoins is their price compared to the price of Bitcoin, which convinces them to think of accumulating 1 bitcoin as a nearly impossible venture (but very much possible); they just fail to realize that it does not possibly mean that one must accumulate 1 or 0.5 bitcoin at a stretch, but just like you said, despite how long it may take, 10 to 20 years of gradually accumulating Bitcoin is better off than getting deceived with mirror pump and dump nonsense🤣😅.

You said it all already: "if newbies can start investing first in Bitcoin and avoid shittie." It will be better for them. I don't see it as something they can't do, but they get so quickly convinced of how they can easily acquire a significant sum of some shitcoins from ICOs and IDOs, but they fear they can't get enough of Bitcoin, and they equally feel the profit for those shitcoins will be boom 🤯💥, not knowing that altcoin investment is just as risky as gambling.

My regret was that I also got fucked with some altcoins when I started doing crypto; back then, I felt Bitcoin was too expensive to buy while I could just buy thousands of some shitcoins. Perhaps it was because I only got introduced to a shitcoin whose name no longer exists.
Recently, I also took the risk of diving into a shitcoin, but I couldn't get out because right now, the token is dumped without trading volume. 

It seems that what you are experiencing is the same as mine, the need must defeat the plan to continue to be able to hold bitcoin longer, which in the end must be released. the covid pandemic has clearly dispersed everything, plus at this time the economic crisis cannot be avoided, just to be able to survive in the current situation is something that is truly a gift. but it's true that those who have been able to get through the situation to this point, of course, can buy it at a low price, very lucky.
of course you have to give thanks, start making plans to buy bitcoin gradually, obviously this is the best opportunity to be able to invest in bitcoin, while waiting to enter the halving period to come, I myself still can't get out of this crisis. just hoping that there will be a surprise from Bounty where the events in 2017 can be repeated, even though it's difficult for that.

Seems bad decision with converted all your Bitcoin assets to be PYR coins, I dislike with any altcoin project building from gaming network, finally price drop drastically than our expected. Have you remember with several gaming altcoin network price drop from AXS, SLP and many other of gaming coin platform seems with hype only.

You loss opportunity with Bitcoin holding, maybe if you still hold have chance when all time high price during 2021, I don't think with bad ideas without all in your investing in Bitcoin only, purchase half from $10,000 your salary with Bitcoin and half other used for investing in altcoin. Still have opportunity with profit earning when altcoin holding price going dump and Bitcoin can give your opportunity with profit.

Yep.. there are many folks who are new to bitcoin, and they believe that they are learning "quality" information when they start fucking around with various shitcoins and also diluting the possibilities of their BTC investment in terms of time, energies and money invested.

Bitcoin is too boring for some of them.. grandpa coin, remember?

In the meantime, they get distracted into mostly valueless nonsense, and they don't even know what "grandpa coin" is. .They think that they know, but they have not spent enough time figuring out what they think that they know but that they do not know.

Frequently, I suggest for newbies to bitcoin to start with bitcoin first, and spend time accumulating it and perhaps learning about it. and if there has been a couple of years of BTC investment and accumulation then maybe there might be some need (perhaps?) to look into other matters.. and surely I understand the allure, too.. because what seems to happen is that various shitcoins, defi, NFTs, ICOs and other non-bitcoin crypto bullshit lure people away into thinking that their time, energies and money will be better spent on the 20,000 plus various non-bitcoin projects that again distract away from where the value should be focused (on bitcoin)..

....so those shit projects are lures, and if you dabble a little bit, you may end up getting sucked in.. like a slippery slope in which a little bit of looking into it likely ends up polluting your thinking into gobbledy-gook that lacks foundation and sufficient attachment to various realities - including that bitcoin builds on strong foundation, and surely there is a lot to learn, even with the lightning network, it should be possible to stay busy in bitcoin for 2-5 years at least before even feeling like you have a decent enough grasp on it that you might consider possible value in looking into shitcoins, too.

Great advice here. If only people were doing that and cleared their minds of all that buzz, all that noise that media generate.

For people who have their jobs, families, hobbies and are trying to invest a bit: You guys don't have enough free time to watch your portfolios! You should not try to buy numerous coins because you will not have enough time to watch their progress (or regress as most of them turn into nothing over time). You won't have time to wait for that right moment to sell at the pump.

You should buy the most stable thing in the ecosystem which is bitcoin and hold until you feel good about realizing your goals.

The low, so far, for this correction has been $15,479 (on November 21).

Hey Dave,

It would be funny and sad at the same time to see your post updated with the prices going down and stopping at 16700 (for now).
It reminds the way we went last year...

Fuck shitcoins.  Do not waste your time with that crap.

If you happen to have $3k, then maybe you have a cashflow too? 

You could buy $1k in bitcoin right away.  Put another $1k into buying on dip and the final $1k into a DCA schedule over the next several months and add your cashflow into that too.

Of course, there are no guarantees, but maybe if you are persistent, you might be able in get up to 1 BTC in the next 10 to 20 years, and if you do not get up to 1 BTC, then get up to whatever you can, and get the fuck out of the various shitcoins, whether it is PYR (Whatever the fuck that is?) or any other shitcoin. 

Focus.


Focus ur lil selfie.

Maybe if you get up to 0.3 BTC in 10 or 20 years or maybe if you get up to 0.5 BTC or maybe some other amount that is not quite a whole bitcoin that will be enough in order to provide you with more options than fucking around with shitcoins is likely to bring you (or anyone else)?  No guarantees, of course. 

But you never know, if you focus on bitcoin accumulation, instead of getting distracted into snake oil, smoke and mirror pump and dump nonsense, then maybe you'll have a chance to make it.. otherwise most likely You NGMI.

 

Do you know that having a Bitcoin start from now that the price is not stable and also low so if you are coming date or accumulate your money for investing in Bitcoin you will surely or definitely make a profit during the time the price of Bitcoin because I know definitely that bitcoin price must increase in 2023 and the 2024 so whoever that I have the mindset to buy iron Man and the self 4 more year to come the person will definitely benefit on it

I'm bringing up some of my personal stuff though it shouldn't be.

When I was in Job life I mean earlier in my life when I was 27 years old, in 2018 when Bitcoin was between $3350-3700 I saved like 3.7 BTC in my Coinbase wallet.

2020 July I got married, Then my savings reduced to $10000.  Then I convert all my dollars to Bitcoin and maybe get a few digits after zero.

Today I am the father of a daughter, as a result of which my reserves have dwindled to just three thousand dollars.  I don't know what to do.  I invested all my dollars in PYR coins.  As a result, I currently have no bitcoins in reserve.

It's never late to start saving money really.

10 years will pass without you even noticing, so might as well try and save something along the way.

You will probably be much better in the future if you save now.

I hope I'll have it in 2 years or so. I wish I would start buying it earlier, but I think a lot of us do.

Are your funds over?
If you still have funds, 2022 is a good time to add more BTC to your wallets. The price of BTC is rather cheap, it dropped more than -75%.
We don't know what's to happen with crypto market next year. Although many people assume BTC to drop more because of the recession, no one guarantees it. Who knows if this month is the last chance to buy BTC below $17k?  

Trading during the bearish market won't work very well. I even stop trading for a few months, I assume it didn't get quite good profits. If you want to earn 1 BTC, you need to have extra funds, don't rely on the trading profits!

DWYOR

In 2017 poll, it's crazy to think that the vote results are close to each other. I say crazy because that was the first time BTC peaked. So, I am expecting people already sold their BTC and then many people can't afford to own 1 BTC yet that time. Not to mention the popularity of BTC that time isn't that high compared to today.

Fast forward, 5 years later, of course everything has changed drastically. People in crypto figured out the true potential of BTC so they can now value their BTC more. They HODL tightly and they even stack more BTC by the time it dips out. I only wonder why the poll results this time has a bigger gap. Many have answered no more than yes.

Considering the market changes in recent time most answer we will be "NO". Country like mine Bitcoin worth a fortune, owning one simply means you are a millionaire, my answer is no

You should not wait until you have accumulated enough 1 bitcoin to start teaching your loved ones because you also don't know when you will reach that goal. If in the worst case, you never get 1 bitcoin, it means your loved ones will never know about bitcoin. That would be an even bigger mistake.
Teach and impart knowledge to them now, so they don't miss the opportunity, bitcoin is very cheap to own. You are not eligible to get 1 bitcoin, but maybe your loved one can, so don't hesitate and get started right away.

I believe in Bitcoin the most because Bitcoin will be in a better position one day.  But now I see that the price of Bitcoin is going down a lot so I thought I will put some of my money in Bitcoin.  I remember how many days I could keep it.  So my luck may open in a very short time.  I need to keep bitcoins for that.

It's not a difficult way to get bitcoin this year especially when the price is cheap but you can start small but you keep that shitcoin floating too much and for me it's big with an estimate of under 0.7 BTC so why don't you change the pattern on what is real about bitcoin?

I don't think it's necessary to reach 1 BTC in every year but you should earn bitcoins instead of altcoins, I also started small so I can put above $50+ per week plus signature campaign fees also added in bitcoins never tried to sell As much as I can, it will be my goal to continue to earn bitcoins by any means possible in order to reach 1 BTC in the future.

Keep it up if you can make trades for your daily needs because it becomes your main need, but if you have found a good opportunity then you should invest in bitcoin not shitcoin anymore, I hope in the next year you can start even though it's a bit difficult for you.

I see a good point in your investment journey, although now you don't own 1 bitcoin like many others. You have owned it in the past, and it has helped you in life, that is a wonderful thing that you should acknowledge instead of being upset. Since we invest in bitcoin to make life better and bitcoin has done so well for you, you should cheer up. Currently, you do not have bitcoins does not mean that you will not have them later, as long as you continually work hard to accumulate, owning 1 bitcoin will never be difficult.