How many bitcoin is enough? - page 14.

Clement Kaliyar

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Quote from: aamirsuh on December 16, 2019, 03:28:11 PM

Now let me make an account for myself. I think 100 bitcoins are enough for me in the next 50 years. If I have to think of my family, we can handle 150 bitcoins for 100 years. Because I think the bitcoin price will increase. How much bitcoin do I have today? : d 0.04!

Even with your calculation you need to invest money and this is the best opportunity to invest money considering that the price of bitcoin will increase after the halving and you might not even see the current valuation in the future and what are you waiting for, considering my budget i will get the coins i can and i have invested when i had the money and now the budget is exhausted to invest further but i am happy with it as i am not greedy Tongue

.

meliodas

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Quote from: henrybek3 on December 16, 2019, 06:50:15 PM

Our economic situation affects our lives. I have 10 BTCs in the next 20 years. But there is a condition. Spend bitcoin after 20 years. You shouldn't be turning Bitcoins into dollars today. This way an investment can give reasonable results.

You should depend that decision base on the price movement of bitcoin in the market. If the price of bitcoin is continuously dumping then you should convert it into dollars so you will save yourself from losing money and just observe the market for the possible entry so you will have more bitcoins because you will be buying at a cheaper price.

BuNga_cute

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Every person has a different greed, and therefore everyone must have a different ambition. And that's certain everyone will never feel
enough with what he already has. Seeing from the fact that I personally have a desire which is very large. That is, I have a target every
year to get a profit of 2 BTC. If converted to fiat it is indeed 2 BTC very big, but if we focus and work hard to collect 2 BTC in a year it's
easy to achieve. Do the activities indeed can generate profits, such as trading, mining, bounties, airdrops, signature campaigns, etc. Take
all that seriously and focus, on your target we will become reality. I have already proven that my target was reached in 2018.

Tramirostronix

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Quote from: henrybek3 on December 16, 2019, 06:50:15 PM

Our economic situation affects our lives. I have 10 BTCs in the next 20 years. But there is a condition. Spend bitcoin after 20 years. You shouldn't be turning Bitcoins into dollars today. This way an investment can give reasonable results.

I don't get, you have 10 btc now and you will spend them in 20 years ? or you have a 10 BTCs goal and you give you 20 years to achieve it ?
At least you have your own goal so you will have (I hope) no regrets

henrybek3

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Our economic situation affects our lives. I have 10 BTCs in the next 20 years. But there is a condition. Spend bitcoin after 20 years. You shouldn't be turning Bitcoins into dollars today. This way an investment can give reasonable results.

Tramirostronix

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Quote from: Lanatsa on December 16, 2019, 01:44:50 PM

Quote from: Tramirostronix on December 16, 2019, 05:05:02 AM

Quote from: slashz9 on December 15, 2019, 07:56:52 PM

yes, while you can search as much as possible there is no need to limit what I mean in this case when the price is still cheap, because you will never know what happens next in any time.
especially if you have more than 1 income, it will be easier to do it.

Ok, but is 7k$ cheap ? Around the world it is pretty expensive unless you have a very good salary.
And if you think it is cheap because it will go higher, what will be the highest price ? If you think 8k is the maximum, 7k is not cheap anymore.
So accumulating Bitcoin is a thing, but without a final goal, it's kinda stupid.

Its not necessary for you to accumulate a whole coin yet majority is been doing on accumulating in small parts rather than stressing yourself on getting a whole.
At least we do know the potential profitability if we do try to accumulate a coin which do have a high chance that can last up into the future. Talking about enough?
theres no limit because it all vary on our financial capacity or aspect so each person would really have those different targets depending on their capacity.

I mean the point of the topic is to find THE number, but on which base ? if you just plan to sell them later you need to have a fiat goal to know how much you need at current price.
OR you need to have a bitcoin price goal in mind.

If you think bitcoin will be a new fiat for the world, even if you have like 0.1 btc, it will be enough.
So your actual capacity and incapacity depend on your vision and why you are accumulating.

aamirsuh

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Now let me make an account for myself. I think 100 bitcoins are enough for me in the next 50 years. If I have to think of my family, we can handle 150 bitcoins for 100 years. Because I think the bitcoin price will increase. How much bitcoin do I have today? : d 0.04!

Lanatsa

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Quote from: Tramirostronix on December 16, 2019, 05:05:02 AM

Quote from: slashz9 on December 15, 2019, 07:56:52 PM

yes, while you can search as much as possible there is no need to limit what I mean in this case when the price is still cheap, because you will never know what happens next in any time.
especially if you have more than 1 income, it will be easier to do it.

Ok, but is 7k$ cheap ? Around the world it is pretty expensive unless you have a very good salary.
And if you think it is cheap because it will go higher, what will be the highest price ? If you think 8k is the maximum, 7k is not cheap anymore.
So accumulating Bitcoin is a thing, but without a final goal, it's kinda stupid.

Its not necessary for you to accumulate a whole coin yet majority is been doing on accumulating in small parts rather than stressing yourself on getting a whole.
At least we do know the potential profitability if we do try to accumulate a coin which do have a high chance that can last up into the future. Talking about enough?
theres no limit because it all vary on our financial capacity or aspect so each person would really have those different targets depending on their capacity.

Tramirostronix

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Quote from: slashz9 on December 15, 2019, 07:56:52 PM

yes, while you can search as much as possible there is no need to limit what I mean in this case when the price is still cheap, because you will never know what happens next in any time.
especially if you have more than 1 income, it will be easier to do it.

Ok, but is 7k$ cheap ? Around the world it is pretty expensive unless you have a very good salary.
And if you think it is cheap because it will go higher, what will be the highest price ? If you think 8k is the maximum, 7k is not cheap anymore.
So accumulating Bitcoin is a thing, but without a final goal, it's kinda stupid.

Assface16678

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Quote from: wxa7115 on December 15, 2019, 03:49:39 PM

Quote from: samcrypto on December 11, 2019, 07:53:59 PM

I’m a small guy here and I can’t even afford to have my 1 bitcoin so technically this is my dream and I’m working for this one despite of so many challenges. Some people was able to own a lot of bitcoin because it was cheap that time and right now its quiet expensive but I got more inspired every time i heard about the success stories here, hoping to happen that to me someday.

Keep working towards that goal, it is hard and it is going to take a lot of time to get the bitcoin that you're looking for because as you say the price is very high right now but if you keep doing it then I can assure you that you will eventually get your goal, besides it is very easy to give up and think that it is impossible but you should not forget that in the future bitcoin is going to become even more expensive so there is no better moment to try to get bitcoin than now.

If you give up now you could be wasting one of the greatest opportunities in your life because bitcoin could easily be worth 10 times its current value in the next decade.

Many people today want to earn bitcoin but how many bitcoin today you needed to make a lot of money. If you are trying to look at the graph of the cryptocurrency especially the bitcoin the value is low, it is better to the people are still starting from bitcoin because if the price is low, soon it will go up same with your money. But if you are earning it today and If you can earn up to one bitcoin today, it is good because the price of the coin is volatile every time it changes depends on the market, if you trust your hold and the market it will become profitable soon it is a long term trading. Still, if you don't want this kind of transaction better to try to use the altcoins as your primary income today, the price of it is profitable too. However, unlike the bitcoin still, we are focusing on the earnings, try to earn on altcoin and convert to the bitcoin if the price is pumping again.

slashz9

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yes, while you can search as much as possible there is no need to limit what I mean in this case when the price is still cheap, because you will never know what happens next in any time.
especially if you have more than 1 income, it will be easier to do it.

wxa7115

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Bitcoin is GOD

Quote from: samcrypto on December 11, 2019, 07:53:59 PM

I’m a small guy here and I can’t even afford to have my 1 bitcoin so technically this is my dream and I’m working for this one despite of so many challenges. Some people was able to own a lot of bitcoin because it was cheap that time and right now its quiet expensive but I got more inspired every time i heard about the success stories here, hoping to happen that to me someday.

Keep working towards that goal, it is hard and it is going to take a lot of time to get the bitcoin that you're looking for because as you say the price is very high right now but if you keep doing it then I can assure you that you will eventually get your goal, besides it is very easy to give up and think that it is impossible but you should not forget that in the future bitcoin is going to become even more expensive so there is no better moment to try to get bitcoin than now.

If you give up now you could be wasting one of the greatest opportunities in your life because bitcoin could easily be worth 10 times its current value in the next decade.

Lanatsa

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Quote from: mamahdedeh on December 15, 2019, 11:58:15 AM

Quote from: FairUser on December 15, 2019, 11:29:27 AM

Depending on your job and salary. So there is no limit to how much bitcoins you have. Try to have as much as possible for the future because after each year the number of bitcoins left will be less and its price will certainly go up in the future. There are many who own hundreds of thousands of BTC but there are also people who own only 0.1 BTC ... So you do not need to set goals, just have as much as you can and stay within your ability.

right, by continuing to invest according to ability, we will prepare for the future later. do not invest using money that is not free, of course you will be a lot of psychological burden. keep saving and get the benefits later, with less bitcoin available and demand that continues to rise, I think this investment is perfect

Nothing is perfect yet if we do talk about perfect then its 100% safe and we know that it isnt possible when we do talk about shelling out some money on a particular investment including crypto no matter how
we do see its good potential for long term but we can already presume that this one can give out that potential profits if we do decide to store it up but be sure that those money being spent are those
amounts that you can afford to lose.Dont go all in or goes to the point that you are risking everything because anything can turn upside down.

mamahdedeh

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Quote from: FairUser on December 15, 2019, 11:29:27 AM

Depending on your job and salary. So there is no limit to how much bitcoins you have. Try to have as much as possible for the future because after each year the number of bitcoins left will be less and its price will certainly go up in the future. There are many who own hundreds of thousands of BTC but there are also people who own only 0.1 BTC ... So you do not need to set goals, just have as much as you can and stay within your ability.

right, by continuing to invest according to ability, we will prepare for the future later. do not invest using money that is not free, of course you will be a lot of psychological burden. keep saving and get the benefits later, with less bitcoin available and demand that continues to rise, I think this investment is perfect

FairUser

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Depending on your job and salary. So there is no limit to how much bitcoins you have. Try to have as much as possible for the future because after each year the number of bitcoins left will be less and its price will certainly go up in the future. There are many who own hundreds of thousands of BTC but there are also people who own only 0.1 BTC ... So you do not need to set goals, just have as much as you can and stay within your ability.

AliMan

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Quote from: senne on December 15, 2019, 09:44:11 AM

There shouldn't be any number to it. Whatever you can afford must be enough. Why there is a need of some universal number.
There can be at most 21 million bitcoin in the system. With the ever increasing population which is more than 7 billion at the moment, holding 1 btc might become a luxury in a coming time as only a few million can own one whole bitcoin. This can lead to bitcoin becoming a luxury or fashion which can also drive the price to some extent.

If a person is rich and wealthy, I think having 1btc worth for his money should be with cryptocurrency holdings and not for the bank. That's the very interesting thing if you're thinking for the welfare of your money as well as security and potential profitable returns. Btc is always infinite and has no precise value, with respect to investments and any other financial purposes.

senne

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There shouldn't be any number to it. Whatever you can afford must be enough. Why there is a need of some universal number.
There can be at most 21 million bitcoin in the system. With the ever increasing population which is more than 7 billion at the moment, holding 1 btc might become a luxury in a coming time as only a few million can own one whole bitcoin. This can lead to bitcoin becoming a luxury or fashion which can also drive the price to some extent.

hongchao123

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There are always will be not enough bitcoin for me before i dont see nice reson to sell everything

dimox

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actually, experienced trader can make 1++ btc if they run about deadline, i ever read on facebook if someone can make ¼btc/month and its easy if you are trader.
i never limit my bitcoin, as long as i can get it, i will take it

msarro

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Just like there is no limit of how many $ are enough, there is no limit for bitcoin also. You can accumulate as many as you can there is no limit for that. Right now bitcoin is 7000$, if you save few saotoshi's for future you will get huge return if bitcoin price speculation of 50k go right.

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