Topic: Do you own 1 Bitcoin? (2022 edition) - page 2. (Read 2098 times)

I own many bitcoins previously yet life difficulties and afterward the impacts of world issues provoked me to sell them to get by and I have a family to take care of.

I regret not having a single bitcoin at this time. I am building up, but I have a long way to go before I reach one bitcoin. I am aware that many of us are buying bitcoins whenever the price falls in an effort to acquire more before the halving year. At that point, maybe I will have one bitcoin.

Currently 2022 not good moment for me to earn Bitcoin, seems difficult with my assets floating in several altcoin and my reaching earn still under 0.7 BTC. Left few days later with 2022 and still not have any positive way with my cryptocurrency assets keep going dump and will open another opportunity next year having 1 BTC.

Short and long term trading still can't help me how to earn more than 1 BTC in this year but still enough with trading in cryptocurrency for my daily day needed. I hope can open another chance next year better than 2022  where many bad news and exploit or scam exchange happened anywhere, usually close forward with halving moment in 2024 have potential for Bitcoin bearish and hope have chance with owning more than 1 until 10 Bitcoin for next year.

In a year full of difficulties in several markets as well as bounty campaigns and signature campaigns, just participating there is not necessarily able to get 1 BTC this year, sometimes we are faced with the necessities of life which make these funds very difficult to collect, because we have to buy our food needs  and the appendage, maybe this year my wish to get 1 BTC has not been realized, at least there are years later that could have come true..

If my wish comes true to get 1 BTC, then the first thing I want to do is teach some of my relatives or friends, and provide some validation for him, in order to motivate him to invest in Bitcoin, that's my only wish if I get 1 BTC in this year  or years to come.

I wish I did, but I started buying it just a couple of years ago and now I need thousands of dollars to get it. But I think I'll handle it sooner or later. Hope to get it before it goes to $100K.

Currently owning 1 bitcoin is very difficult the condition of the market is very bad but if you wait patiently you will get good results. According to the plan you should enter the market and buy and hold when the price falls there are investors, who can suddenly increase the price by investing a lot and suddenly withdraw all the money and make the price collapse. All in all its price can rise or fall at an alarming rate which no one can predict.

At some point, this may seem like a daunting task, because those of us who buy bitcoin now buy it in very small increments, compared to those who bought it before at significantly lower prices. Reaching the goal of 1 bitcoin is not easy, but I strive for this, I can plan for what period it is possible to do this at the current price, but this will not be correct because the price may change, and most likely this will happen in the near future.

It's kind of exciting to see other people like me! Although not now, we will in the future!
I am now planning to buy a full bitcoin, and it will take some time. Taking advantage of the low price now, I hope that after I buy it, I can hold on to it until the bitcoin rises!

It seems to me that it really does not matter very much if any of us accumulate bitcoin over some arbitrary point, such as having at least 1 BTC..

yeah, sure some people get these kinds of dumb and arbitrary round numbers in their head, but it does not matter.  Bitcoin has 8 digits.. so there are a lot of fairly arbitrary BTC/satoshi accumulation goals that people can pick, aim for or even try to maintain once getting to that point.

Don't get me wrong.  On a personal level, it is good that we attempt to tailor goals for ourselves, and it is also good that if we do establish goals for ourselves then we figure out ways to work towards establishing them, so we may have some goals that we know are for sure attainable and then longer goals that may or may not be attainable but would be the goals that we work towards after achieving the lower level goals...

When I first got into bitcoin in late 2013, many folks had goals to get up to 100 BTC. but then as the price went up, then the goals changed, and maybe became 50 or 21 or 10 or now maybe 1 BTC or perhaps, there may well be needs to lower the threshold to satoshi measurements as other users had already mentioned.. so maybe start the goal out to get to 1 million satoshis, then 21 million than of course if we get to 100 million satoshis, then we have reached 1 BTC.. which may or may not be reachable for any of us... depending on how much we are able to invest as a lump sum, or on a regular basis or perhaps over several years into the future.


Yes this can be challenging to continue to raise the amount of BTC that you have over the years, and sometimes mistakes are made along the way.  I would speculate that folks who focus on ONLY accumulating bitcoin, until they reach some BTC/wealth accumulation threshold values should be able to constantly increase their BTC over the years, so long as they focus on ONLY buying and keeping their BTC in safe places in order that they do not lose any BTC... so within this example, anyone who  actually ends up selling any BTC would be on a sell and replace kind of practice, and so if we continue to accumulate BTC in this manner, then our BTC stash should ONLY be going up.

One of the difficulties is that people will sometimes start to try to trade their BTC prior to having had accumulated BTC at or above their goal level.. and then if any of us sell our BTC and try to buy back more later, then we run chances that we could well end up with less BTC and unable to buy back as much BTC as we had once had.

Once you reach your BTC accumulation target level, then it would make sense that with the passage of time that your BTC amount would go down.. but if you are still in BTC accumulation mode, then ideally the BTC accumulation amount should not start to go down until after you have reached your target amounts.


Of course, there is going to be country to country variation, and also there are classes of people within countries too.. so some folks are more rich than others.  Accordingly, there are going to be places in which it is easier to accumulate greater levels of wealth, so long as you are able to manage your money, and there are going to be places in which there are challenges to earn very much money.. to be able to buy BTC, likely you mentioned.. that's part of the reason why focusing on 1 BTC or some random number like that might be somewhat arbitrary and abstract because it does not mean anything in respect to your particular circumstances.


Surely, it is not a bad idea to frame these kinds of BTC accumulation abilities ideas in terms of how much money that you are able to make.  Are you ONLY able to make minimum wage?  Are there ways that you are able to earn more than minimum wage?

If you are able to invest 10% of your annual income into BTC, then it may well take you 10 years to have had invested Up-to your annual wage amount into BTC, and of course, if you can invest 20%, then you will be able to achieve investing your annual wage in 5 years, so then the question might become in regards to how long does it take you to be able to get to a certain investment level, and where are you going to put that investment value in terms of hoping that the value will either sustain itself (at worse) or better if the value is able to increase with the passage of time. 

Of course, many of us regular BTC advocates believe that bitcoin is either the best or amongst the best of places to store your value and in order to consider that you would have decently good chances of being able to hold your value or to increase the value contained in that investment with the passage of time, so even if it might well end up taking you 10 years to invest up to 1 years worth of wages, you are also likely to get growth in the value of that investment while it is sitting in BTC... no need to be greedy and to search for ways to enhance your investment and likely is better to preserve the value by building it and making sure that you keep your BTC safe so that you do not lose any of it over the time that you are building it.. whether that is 10 years or 20 years or maybe even longer than that.


I am not opposed to using debt to front load your investment timeline, but you have to be careful NOT to be too greedy in terms of making sure that you are able to service the debt with other sources than the item that you are investing into.  Of course it is better if you are able to assure that your investment into BTC goes up during the period that your loan is outstanding, yet there are no guarantees that BTC prices are going up.. so in that regard, you have to lessen the chances that you will get totally recked rather than merely just making your situation worse off because of your having had gone into debt... I am not opposed to debt as long as you have a variety of means to service the debt besides merely praying that your BTC goes up.. and that would be called leveraged gambling rather than being smart, reasonable and prudent.


I agree.  It does not really matter very much if you earn the money in bitcoin or in fiat, you still have to figure out how much value that you want to keep in each, and so earning in BTC will likely cause you to have to sell way more frequently than other people who are earning in fiat.  If you have bills in fiat, then you likely still have to make sure that you keep some of your balances in fiat so that you can attempt to choose the time that you are selling your BTC rather than holding onto too much BTC and then not being able to cover your expenses.


For someone like you, it might be difficult to get to 1 BTC if you have not been able to save $30k in the past 30 years, yet you can still figure out some kind of a system to be able to put as much as you are reasonably able to put into bitcoin - and if you are able to put 10% of your income into BTC, then after 10 years you would have invested up to 1 years worth of your income into BTC, and if you are able to be more aggressive than that, then you can lessen the timeline to get to the point in which you have put a whole year's income into BTC.


Yep it is not likely to help your BTC investment to be gambling on shitcoins... and in fact if you fuck around in shitcoins, you have decently good chances of making your BTC accumulation level worse rather than better.


You have a good point about the creation and maintenance of a "business strategy" in regards to how you may well approach building your BTC over the years, and you do not need to fuck around in shitcoins or to trade in order to build your "business strategy."

Your "business strategy" in regards to bitcoin should be to just continue to accumulate until you reach or exceed your BTC accumulation target levels.  Once you get to your target levels, then you can adapt your strategies.  Of course, the longer that you are in bitcoin and the more bitcoin that you accumulate, the more options that you likely are going to feel that you have...and hopefully each of us are able to figure out ways to enhance our BTC "business strategies" rather than entering into gambling, trading or screwing around with shitcoins (which tends to be another form of gambling).


That's right.  Even though we should start right away, we should start slowly and in such a way that we know that we have a sustainable and systematic way of investing into bitcoin and building our bitcoin holdings over time because, like you said, the journey into building our bitcoin holdings is not easy in the beginning, and it likely takes a while to get to a point in which we are comfortable.. perhaps 4-10 years or longer.. just to start to build a level of comfort and then perhaps even longer before we might feel comfortable that we can start to draw upon our bitcoin holdings in order to support our lifestyles.

Currently (2022 edition) I haven't collected 1 BTC, it's just that I just got .3+ BTC from my efforts to buy bitcoin with a partial Dip and DCA which continues to run every week some time ago, it's still rolling until now.
Currently bitcoin is pretty low at $16,759 we can put more dollars into it but I will be on track on my cash flow not going beyond that, didn't have 1 BTC in this year so next year hopefully I can raise more but definitely not there will be no rush, the most important thing is never to sell bitcoin as long as it is still processing its acquisition.

Opportunities at low prices must be taken advantage of, even a little buying doesn't matter, the important thing is we collect BTC every time.

Actually I hesitate to answer, because I'm embarrassed I don't have one bitcoin yet, and now I'm in installments little by little so that later I can have 1 bitcoin, but I think the topic of conversation that you made for the public, I think it's a good topic,,

You can create an archive on this post, when the time has come you can create a new Thread (if the 2022 edition of the service has been locked) by attaching your consistent efforts from time to time.

Optimism and supported by high effort can make it easier to achieve something that has been planned, five years is the ideal time to collect Bitcoin fractions into 1 Bitcoin. There is nothing difficult to do if you have a strong desire, especially since you are now registered in a spreadsheet for one of the Bitcoin paid campaign, this will make it easier for you to achieve your dream of collecting one Bitcoin in five years.

Huge fund for trading become easy to earn 1 bitcoin but depending how keep consistent on profit ways than have loss more although support with bigger capital for trading, I think nowadays difficult earn 1 bitcoin with small capital used for trading but always have progress although slowly to earn 1 bitcoin. Not blame with last several season looks easy how to earn profit until 1 btc in few months process only, different right now when trading many time faced with shit and scam project.
Ever I have 1 bitcoin but bigger mistake by wrong investing on altcoin make gone and right now have try slowly but keep consistent to earn 1 btc without three months later.

According to the life I live, it is impossible for me to have 1 bitcoin. Even though the price of Bitcoin drops, I am getting poorer every day because the currency in the country I live in decreases. Thanks world.

See how it changes, even in bear market you get %25 Yes answer. And the problem is you can't change your vote, I voted for No a month ago but now I'm in BTC again. It touched my buying target so I didn't hesitate to buy back again. I don't think it's a wise move to wait for a couple thousand dollar discount as it's too risky. You might miss the whole bottom and become coinless. Considering we past more than half of previous halving cycle and the next one is on the table, it would be absurd to stay in fiat. Obviously Bitcoin will see new highs in a couple of years. So if you have some money to invest, it's a good time to buy.

Honestly, it's very difficult this year to get 1 BTC, but even playing trading is not enough for us to get 1 BTC, the market has not improved, investing in new projects, full of risk, that's the obstacle to get 1 BTC this year is really really difficult,  if we flashback in 2017 then it might be very easy to get 1 BTC, just following the bounty campaign we usually get it, especially if we play trading, chances are we can get quite a large profit.

I totally agree with you, maybe they have more important needs than a Bitcoin. Then they can't own bitcoin. But it is possible for beginners who have large funds to own 1 Bitcoin. I used to have 1 more Bitcoin. But there were some mistakes that caused me to lose some. One of the management of trades and assets. But for me, the opportunity of owning 1 Bitcoin is a desire that can be realized. Everything just takes process and effort. Although I think the current market is harder to guess than it was a few years ago.
Such a price is simply fantastic, hopefully it will happen. Because of the decades I experienced and witnessed new, higher prices.

Could be difficult for noobs or people from poorer countries to be able to save up to 1BTC

All that matters is you save as much fiat toilet paper as your lifestyle allows you to & buy as much BTC as you can with it. We are going to see BTC touch $1,000,000 in the next two decades. Please try & ensure you are on the rigyt side of the transfer of wealth.

Nowadays, owning 1 bitcoin is not easy for a lot of people. At current prices, it's not as easy as those lucky enough to get bitcoins years ago.
But we still have many ways to own 1 bitcoin, the important thing is whether we really want it or not. By that way, deduct part of your monthly salary to buy bitcoin, not much, maybe a few dozen dollars or more than a few hundred dollars. I think if we can maintain it on a regular basis we can still own 1 bitcoin at the end of the day.

The only problem is that very few people have such patience, they think it is too late to buy bitcoin or such accumulation will take time and not bring them profit. From there they started thinking about investing in altcoins and resulting in losses.

Honestly, the current price of Bitcoin for us is a high price. Even if we don't have 1 BTC, at least we still have some Sats to save. You know the needs of many diverse people and today jobs are getting harder to survive higher having 1 BTC is possible for people who have financial income from all directions. Consciously and unaffected by alcohol, I chose NO.

Maybe that's why this time we are getting more of a No than a Yes 

also, the number of voters is not the same at the moment. I also don't think people will be all honest about it cos that is Security breach #1 to me.