Topic: Enough? (Read 830 times)
I think the amount of money is not too important especially if we are still beginners with small capital, for example as you mentioned 0.1 BTC is good enough or not. 1 (One) Human emotion is able to drive market demand to increase the wealth of its use. I think this is the most efficient way to start the growth cycle of BTC as well as others in the cryptocurrency world in the future.
That's more than enough for long-term holding depending on your goal. If bitcoin reaches $100k then that's $10k worth of bitcoin in value. There are a lot that say you need to push more and gain more.
But come to think of it if you're already stretched with your budget, you don't need to be pressured by it. Think of those people who are just thinking of having 0.001 BTC because they don't have much to buy but yours is more than enough. However, no one can stop you from aiming more at that goal. Because what we want is to have more and we're eager to have that before the next bull run comes, just DCA and you're all good and maintain that procedure.
But come to think of it if you're already stretched with your budget, you don't need to be pressured by it. Think of those people who are just thinking of having 0.001 BTC because they don't have much to buy but yours is more than enough. However, no one can stop you from aiming more at that goal. Because what we want is to have more and we're eager to have that before the next bull run comes, just DCA and you're all good and maintain that procedure.
When there is more income you know about running the DCA strategy it will be profitable when the price is still low because 0.1 BTC is still small enough if we can still afford to continue to buy it all the time in terms of DCA.
Not everyone can take a chance from now on, but for those who have the courage to do so, of course he will be a winner by being able to hold bitcoin longer by continuing to accumulate.
If you have capital, it's better to apply it to bitcoin only.
At present the most possible DCA pattern is carried out by some people who have small capital, so that the nominal amount of purchase can always be adjusted to the level of monthly income from salary or side jobs.Not everyone can take a chance from now on, but for those who have the courage to do so, of course he will be a winner by being able to hold bitcoin longer by continuing to accumulate.
If you have capital, it's better to apply it to bitcoin only.
But long -term is a good strategy in purchasing using DCA patterns, because it does not target fast returns in maximum quantities and of course the courage is needed in investing, because if someone panicked it will do unexpected things that result in losses. Therefore, before starting we must first learn the ways and strategies for investing, even though for the long term being calm and not needing to panic is the best way to invest in Bitcoin.
I think now is the right time to increase the number of bitcoins, don't just rely on 0.1 btc because the current value is only around $2300, with 0.1 btc of course I can survive in 4 months, better focus on making money then use it switch to bitcoin and if we be patient to hold for at least 5 years, maybe the value will increase 10x from the current price.
Your side income can be used for the DCA strategy in buying, so your 0.1 BTC will increase even more, there is no special decision in the investment we run in bitcoin, because the power of maintaining value will be more addictive to buy and the DCA pattern is the most effective strategy possible for us to do, because of the problem of availability of capital that we have. Anyone who is able to take a chance, then he will come out victorious.
When there is more income you know about running the DCA strategy it will be profitable when the price is still low because 0.1 BTC is still small enough if we can still afford to continue to buy it all the time in terms of DCA.Not everyone can take a chance from now on, but for those who have the courage to do so, of course he will be a winner by being able to hold bitcoin longer by continuing to accumulate.
If you have capital, it's better to apply it to bitcoin only.
Is 0.1BTC a lot and enough for long-term holding? I calculate my extra income that I use for DCA and I feel like this is the range of BTC I will end up owning on the long run, anything more will put me in a very tight position or maybe I need to upgrade my side job to earn more for investing into Bitcoin. What do you feel about this? 0.1 BTC good enough or not.
The power of bitcoin lies not in the quantity but in the store of value, if you understand what I'm saying then 0.1 BTC has been answered for you.Your side income can be used for the DCA strategy in buying, so your 0.1 BTC will increase even more, there is no special decision in the investment we run in bitcoin, because the power of maintaining value will be more addictive to buy and the DCA pattern is the most effective strategy possible for us to do, because of the problem of availability of capital that we have. Anyone who is able to take a chance, then he will come out victorious.
Enough size for everyone is of course different, at this time the price is around $ 22k and if we have 0.1 BTC then we have around $ 2200, with the number of users who continue to increase, of course the potential to skyrocket in the future is very large, I'm sure if we can hold at least 10 Year from now, the value of 0.1 BTC can be more than $ 50K.
And this would be entirely be depending on how much you do really earn because not all does really have the same situation when it comes on how much they do earn and ends up on their capability on saving up money just for the sake on having an investment or just talking with savings alone.This is why targets or numbers would really be that different to each other.Although people would be saying that 0.1 is small but these amounts could really be too big for some people.1 BTC is something that gives that feeling on reaching out some achievement because you do able to accumulate a whole coin but well not all is financially capable on doing so.This is why
numbers would really be that less and there's nothing wrong about it and its better to proceed out and achieve on goals and targets on what you do have in mind.
Enough size for everyone is of course different, at this time the price is around $ 22k and if we have 0.1 BTC then we have around $ 2200, with the number of users who continue to increase, of course the potential to skyrocket in the future is very large, I'm sure if we can hold at least 10 Year from now, the value of 0.1 BTC can be more than $ 50K.
It is a good idea OP, but you need to work hard because am not see you like someone that can achieve that can of BTC easily without start setting up a standard business around your environment that can fetch you that amount of BTC. Well, if you start working on it now, it will come easy because the price of BTC has drop down to low price were you can invest a huge amount of money to expect big amount in return.
Is 0.1BTC a lot and enough for long-term holding? I calculate my extra income that I use for DCA and I feel like this is the range of BTC I will end up owning on the long run, anything more will put me in a very tight position or maybe I need to upgrade my side job to earn more for investing into Bitcoin. What do you feel about this? 0.1 BTC good enough or not.
0.1 would be fine, depends in what country you're in and how much longer you're willing to hold. That also depends if the value of that Bitcoin can be sustainable during the time you decide to withdraw it, but to be more safer, especially during retirement, you should at least accumulate 1 Btc. Though it may sound a very hard thing to achieve, but you could always try and exceed that 0.1 target of yours.
Enough or not depending on how high your dreams about:
- how high the bitcoin price will reach.
- how much you want something with bitcoin even though the value of the investment is quite high for the average ppl.
When it comes to greed, what I know is that humans are never enough. They'll place regret in any situation.
It is very important that we know our limitations, if that 0.1BTC is enough for us, then we don't need to add more because this might bring in trouble. Because it is not all about the capital, in fact, rich people can buy more Bitcoins but they choose not due to the risk in crypto and it was not manageable. That is why they keep only the amount that they can afford to lose and stick to it. This also applied to all of us and much more to small investors. - how high the bitcoin price will reach.
- how much you want something with bitcoin even though the value of the investment is quite high for the average ppl.
When it comes to greed, what I know is that humans are never enough. They'll place regret in any situation.
Indeed, greed makes something terrible to us and we don't want it...
If you do set out those targets then its not bad because its never been that bad on having those goals and targets in mind which you would really be inspired on doing all sorts of things
just for you to reach it out.
There's no such thing about enough and its not bad to be greedy because this would be pushing you to work hard even more but of course everything should be
in good control and moderation if you do like things to be still on path.
Enough or not depending on how high your dreams about:
- how high the bitcoin price will reach.
- how much you want something with bitcoin even though the value of the investment is quite high for the average ppl.
When it comes to greed, what I know is that humans are never enough. They'll place regret in any situation.
It is very important that we know our limitations, if that 0.1BTC is enough for us, then we don't need to add more because this might bring in trouble. Because it is not all about the capital, in fact, rich people can buy more Bitcoins but they choose not due to the risk in crypto and it was not manageable. That is why they keep only the amount that they can afford to lose and stick to it. This also applied to all of us and much more to small investors. - how high the bitcoin price will reach.
- how much you want something with bitcoin even though the value of the investment is quite high for the average ppl.
When it comes to greed, what I know is that humans are never enough. They'll place regret in any situation.
Indeed, greed makes something terrible to us and we don't want it...
Enough or not depending on how high your dreams about:
- how high the bitcoin price will reach.
- how much you want something with bitcoin even though the value of the investment is quite high for the average ppl.
When it comes to greed, what I know is that humans are never enough. They'll place regret in any situation.
If we invest a big amount of money, we can expect a greater return even if Bitcoin didn't reach a big amount but for the person like the OP whose maximum potential is only 0.1BTC, they may need to adjust in terms of waiting. This is the only disadvantage here if they if ever they want to earn big with that tiny amounts they invested with.- how high the bitcoin price will reach.
- how much you want something with bitcoin even though the value of the investment is quite high for the average ppl.
When it comes to greed, what I know is that humans are never enough. They'll place regret in any situation.
Amounts like that will still look big in the eyes of those poor people so the OP should still be proud if he can be able to achieve that value because for others it will be almost impossible for them to accumulate it. I don't see a greedy mindset with the OP because being greedy means you don't set any limits.
When it comes to greed, what I know is that humans are never enough. They'll place regret in any situation.
This is the truth, our greed never bottoms, when there is nothing, we think 0.1 BTC is huge, but when it is achieved, it is not enough, and wants to get a larger number. I also dreamed of 0.1 BTC, but when I got it, I wanted 1 BTC, and I still haven't stopped my goal. Depending on each person's economic situation, we can set different goals, no need to follow others. 0.1 btc is sometimes nothing to the rich, but it is already a huge asset to the poor.
Yes, and you can achieved that 0.1 BTC maybe in 6 months or less if you dedicated yourself to invest small amounts every week.
And then when you reaches that goal, then start all over again, the halving is like more than a year from today, a lot of times to purchase at the current price, still very cheap in my opinion. And then we continue to save again and again, and this cycle should continue so that like the rest of us, we want to be financially stable and have that freedom and make our life easier because of our bitcoin investment.
Enough or not depending on how high your dreams about:
- how high the bitcoin price will reach.
- how much you want something with bitcoin even though the value of the investment is quite high for the average ppl.
When it comes to greed, what I know is that humans are never enough. They'll place regret in any situation.
With this condition, it is clear that regardless of what goals are to be achieved, but when connected with greed, the goals will continue to grow and grow.- how high the bitcoin price will reach.
- how much you want something with bitcoin even though the value of the investment is quite high for the average ppl.
When it comes to greed, what I know is that humans are never enough. They'll place regret in any situation.
What I feel is that when I have obtained the previously planned target I will try with a new target again and again as long as the target is exceeded then indeed the condition will continue like that which indicates that greed is clearly still there.
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When it comes to greed, what I know is that humans are never enough. They'll place regret in any situation.
This is the truth, our greed never bottoms, when there is nothing, we think 0.1 BTC is huge, but when it is achieved, it is not enough, and wants to get a larger number. I also dreamed of 0.1 BTC, but when I got it, I wanted 1 BTC, and I still haven't stopped my goal. Depending on each person's economic situation, we can set different goals, no need to follow others. 0.1 btc is sometimes nothing to the rich, but it is already a huge asset to the poor.
Enough or not depending on how high your dreams about:
- how high the bitcoin price will reach.
- how much you want something with bitcoin even though the value of the investment is quite high for the average ppl.
When it comes to greed, what I know is that humans are never enough. They'll place regret in any situation.
- how high the bitcoin price will reach.
- how much you want something with bitcoin even though the value of the investment is quite high for the average ppl.
When it comes to greed, what I know is that humans are never enough. They'll place regret in any situation.
With all humanity 0.1 btc is almost or 10% of 1 bitcoin and you invested what you think can be afford to lose by you. Investment doesn't connotes you should impressed people around or seeking for you to go against what you can't afford to lose, as as a matter of consideration, you don't have to because you already have a total of 10% of 1 bitcoin and to me you could start from there first and hold then on your own if you feels your not satisfied holding that percentage then you could increase to the next level and continue your holdings. Your investment packages may not be same as mine or my as same as yours neither to anyone here.
To talk about altcoin, apart from Ethereum, I almost did not see any altcoin with utility or can be used to apply in practice as they advertise. What I see in the Altcoin market right now are pumping and dumping, nothing more than that. I do not deny that the cryptocurrency industry wants to develop, it will need altcoins, but now it is not the time to trust them, all is just a hyped and disappearing game. Crypto is still a more speculative market than creating the technologies of the future we still think.
Crypto trading 101: Hopes and promises of a bright future sell way better than actual utility.
And if you consider ETH to have utility, then you have to admit the same for other similar networks like Binance Smart chain, Polygon or Avalanche.
This thread has now over 100 replies and OP is apparently not interested in engaging in his own discussion. So if anyone is interested in giving OP any advice - don't.
Is 0.1BTC a lot and enough for long-term holding?
Calculating bitcoins your assets are currently running at 0.1 = $2400. So you can feel free to do the following.This 0.1 Bitcoin of yours means have you thought about how much wealth it will become in the future. You save a hardware wallet by holding it for the long term. Of course, by 2024, the value of this Bitcoin will be much higher, then your wealth will have gained 5-10 times. So you save the bitcoins by making a holding system for long term which will give you better income in future.
The more the better though so having some extra time on dealing with other income sources could really give out the chance to accumulate more.
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