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Topic: How many bitcoin is enough? - page 7. (Read 4150 times)

sr. member
Activity: 1316
Merit: 254
United Crowd
July 08, 2020, 08:41:00 AM
it's about "enough". by having 1 BTC but daily necessities are very expensive, then 1 BTC is still lacking. so in my opinion the target of 1 BTC is good, but try not only to collect BTC but to use it so that BTC in addition to increasing, can also bring in profit at any time.
hero member
Activity: 1722
Merit: 528
July 08, 2020, 06:04:39 AM
maybe less than 1 bitcoin will be enough after 10 years. who knows. the only thing i know is i should collect as many as possible. because crypto market has a huge potential comparing to many other investing items.

As long as we are seeing the price as we have right now, you should really aim higher.

We never know what will happen in the future so all we have now is to take what we can and make things happen with it. It might explode in the future and you will be regretting that you sold it earlier. As you said, it has a huge potential if we compare it to other investing items, might not be enough but just think of the people who really support it.
full member
Activity: 700
Merit: 100
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July 08, 2020, 05:25:46 AM
 I think there is no limit. It seems to me that now is a very convenient time for the accumulation of bitcoins. I would advise you not to spend bitcoins now. Sometimes a large sum of money may be required, then it will be possible to think about how to spend the savings. And I do not think that someone will set limits for themselves. Because the more, the better.
sr. member
Activity: 1036
Merit: 281
July 08, 2020, 05:06:31 AM
It depends on the appetite and goal of a certain bitcoin holder, the answer is really subjective because we have different preferences. There are people who have goal to just 1 bitcoin or even less than 1 bitcoin but there are some who have desires to have a lot of bitcoin.

As a bitcoin trader, my goal is simply and it is to have consistent earning year in and year out in the cryptocurrency market. Luckily I have now a system that I can use in order to make a lot of bitcoin through trading. My desires are also changing and of course I also want to earn a lot of bitcoins.
full member
Activity: 812
Merit: 142
July 08, 2020, 04:54:03 AM
I think there is no enough for me as long as i can still earn because we need to spend everyday for needs. Even you have 1 or more bitcoin in your portfolio,you will spend some of them and soon it will  run out. Also i can't earn bigger amount of bitcoin just in my small capital investment,so as i work here in crypto ,i want to earn and i don't want to put an amount goal to achieve then stop. Invest as we can and earn as we can.

Well in order to live a normal life then say 50 btc at this point of time or so should be good as that amount you can deposit in different asset class again and receive the returns each month and one can retire as well and have the easy life enjoying  at their home. Though the amount will different from person to person as needs are different for each individual and also the debt in which one person is in.
sr. member
Activity: 560
Merit: 250
July 08, 2020, 04:26:11 AM


Do you guys have a certain amount you are aiming for?
Personally I dont have a cap on the amount I want to get. I just keep getting as much bitcoin as I can, when I can. Stacking sats I think the cool kids call it.
I dont think I will ever stop doing this. If I need to liquidate some in order to live and buy things, i'll do that, but i'll always keep trying to replenish what I spend.
Although bitcoin is the coin that everyone wants to own and hold it, I do not. I am interested in the amount of USDT I can earn from my trades. USDT is really great because the market is volatile, its price is not affected too much. With USDT, you can be safe and buy BTC or alts with lower prices when the market has bad news.
For sure in the future I will try to make a lot of USDT to buy bitcoin at a low price and hold it for about 5 years, which is called profit maximization.
sr. member
Activity: 1274
Merit: 261
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July 08, 2020, 02:50:22 AM
I think there is no enough for me as long as i can still earn because we need to spend everyday for needs. Even you have 1 or more bitcoin in your portfolio,you will spend some of them and soon it will  run out. Also i can't earn bigger amount of bitcoin just in my small capital investment,so as i work here in crypto ,i want to earn and i don't want to put an amount goal to achieve then stop. Invest as we can and earn as we can.

   Alert31 you have some good points here, but this question how many Bitcoins is enough is about something else I think,
with how many Bitcoin you can go to pension? I understood this topic like that.
   I think that even 1 Bitcoin can be enough for many people. If price goes high as some of us believe 1 BTC will be enough,
and to have a couple from all other top coins. It would be enough for the pension!
member
Activity: 1041
Merit: 25
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June 30, 2020, 11:06:19 AM
I think there is no enough for me as long as i can still earn because we need to spend everyday for needs. Even you have 1 or more bitcoin in your portfolio,you will spend some of them and soon it will  run out. Also i can't earn bigger amount of bitcoin just in my small capital investment,so as i work here in crypto ,i want to earn and i don't want to put an amount goal to achieve then stop. Invest as we can and earn as we can.
hero member
Activity: 2282
Merit: 560
_""""Duelbits""""_
June 30, 2020, 05:14:47 AM
The amount of bitcoin you should own should come down to it's relationship with your entire portfolio.  As much as I love bitcoin ans support it, it's still a risky "investment".  You should have a sound portfolio that is preparing you for long term, mid term and short term..with traditional assets/investments. Once that is set, then investing in riskier investments becomes prudent.  How much you should buy depends on total net worth and level of risk tolerance.
If the goal would be to have a big bitcoin but it's true that we have to look at a healthy portfolio where our assets will increase in the long term or short term if you can cultivate it, therefore I always think hard how this can increase assets by being in my portfolio I'm sure investments that have been applied by us will be achieved with the risk of what he has faced.
legendary
Activity: 1848
Merit: 1982
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June 30, 2020, 04:08:18 AM
Initially my goal was 0.1 BTC and I thought that was enough to me, but now I am close to achieving that and if I can reach 0.5BTC that will be more than wonderful to me, currently my goal is to have 0.1 BTC as a fixed capital and every increase over that I will convert it into local money.
full member
Activity: 1330
Merit: 147
June 29, 2020, 07:45:26 PM
It means, you asking someone to have bitcoin and they decide to not sell it until whenever? I don't think it will be possible. Everyone or most bitcoin's user only use it for an investment place so as they will sell it when bitcoin price up and they will buy it again when bitcoin price down. I mean, they do these thing only for profit purpose. So, I have no desire to have a certain amount but I'll try to collect the profit that I will get when having bitcoin.
sr. member
Activity: 1246
Merit: 255
June 29, 2020, 07:21:28 PM
As for me, 1 Bitcoin is not enough, I will keep accumulating my coin as much as I could.. 1 Bitcoin should be around 9,193 U.S Dollars. And Bitcoin is becoming the world currency, opportunities comes in the life time of that opportunity, at the mentioned value, It something meaningful at hand but I don't mind getting 100 of it and spread out investments, human's need is insatiable and we can never be satisfied with what is needed to meet the needs either.
STT
legendary
Activity: 4088
Merit: 1452
June 29, 2020, 06:57:56 PM
1 Bitcoin should be enough because if the standard takes off fully, we're talking 21 million available in a world of 6 billion people.   So to that to me it means there cannot possibly be enough BTC to be handing out multiple coins to each person or saying it'll be a requirement.    I think the circulation of coins is quite essential for the success of BTC being established as a standard anyway so I really dont believe in collecting but never using BTC. I think the price will cycle up and down lots of times so its about being solvent in having enough but not the vast quantity per person exactly.
legendary
Activity: 2282
Merit: 3014
June 29, 2020, 06:25:18 PM
The amount of bitcoin you should own should come down to it's relationship with your entire portfolio.  As much as I love bitcoin ans support it, it's still a risky "investment".  You should have a sound portfolio that is preparing you for long term, mid term and short term..with traditional assets/investments. Once that is set, then investing in riskier investments becomes prudent.  How much you should buy depends on total net worth and level of risk tolerance.
hero member
Activity: 2268
Merit: 579
Vave.com - Crypto Casino
February 05, 2020, 07:37:09 AM


Fixing a limit into which how many bitcoins should I earn only hampers my potential of earning more. The right mindset would be earning as much as bitcoin to provide for your needs and for the future.
Indeed. Besides, there's no rule limiting us that we only should have a certain amount of BTC so why feel contpositive n what you have right now if you can still have more in the first place  Smiley. Yeah, it sounds greedy for some of you but I think it's still healthy. This only means that you continue striving despite the achievements you already achieved. Remember, there's always a room for improvement Smiley.
Although one the key to be a successful investor is been paying positive attention or been positive as some will say but if we talking about cryptocurrency market which is volatile i totally dont agree with you on the perspective of accumulating coins more than ones can actually afford to lose.
full member
Activity: 1232
Merit: 186
February 04, 2020, 06:57:28 PM


Fixing a limit into which how many bitcoins should I earn only hampers my potential of earning more. The right mindset would be earning as much as bitcoin to provide for your needs and for the future.
Indeed. Besides, there's no rule limiting us that we only should have a certain amount of btc so why feel contented on what you have right now if you can still have more in the first place  Smiley. Yeah it sounds greedy for some of you but I think it's still healthy. This only means that you continue striving despite of the achievements you already achieved. Remember, there's always a room for improvement Smiley.
full member
Activity: 187
Merit: 102
February 04, 2020, 04:12:59 PM
It depends a lot. Enough for what?
If it is for you to live, it will depend on what your lifestyle is like and for how long these coins will give you survival conditions.
If you already have a house to live in and don't need to pay rent, that makes it a little easier.
Ideally, you should have a means to make money and buy some coins every month. Set yourself an amount that you should keep every month. If you don't already have a job, there are thousands of options. From walking dogs to people who own dogs and don't have time to walk dogs to computer development and programming services.
I have a friend who knows a lot about computers but was not finding a job that paid him enough. So he learned how to clean house pools and today he works with it and he already has 10 employees working for him. He is currently able to save approximately 0.6 bitcoins every month
hero member
Activity: 2268
Merit: 789
February 04, 2020, 03:40:44 PM


Fixing a limit into which how many bitcoins should I earn only hampers my potential of earning more. The right mindset would be earning as much as bitcoin to provide for your needs and for the future.

One thing to note also, the answer highly depends on how you view your investments. If you invest and purchase bitcoin for short-term investments, the income generated may be used for your personal needs or for something that requires necessity. If you invest and purchase bitcoin for long-term investments, the income generated may be used for long-term planning of saving your bitcoins for the benefit of the next generation.

Again, this depends on how you view your investments as a whole or partly but generally you should never put a limit/cap to your goal.
jr. member
Activity: 54
Merit: 1
February 04, 2020, 03:33:18 PM
Enough to not have to work and worry about money. That depends where you live. For example in a developing country $100 would be a huge gain, but in the US it's not really.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
February 04, 2020, 02:33:47 PM
There is no definite mark, the more the better. Probably at the moment for me it is 1 BTC, a purely psychological mark.
It’s clear that now it's too late to dream of 10 bitcoins, it is possible, but for this you need to be a trading genius or an intelligent programmer.
Its not easy to have 1 btc nowadays, the price of btc is not the way it was few years ago wherein buying is not a problem since its still cheap.

How can we say you already have enough btc? Well I think there's no exact amount, if you can afford to buy and accumulate more btc then do it because as time passes it will be worth it. Those who invest early in btc know this very well.
That is why most of us will choose coins that still have lower prices to invest and of course even though choosing coins with lower prices but still have good potential to continue to grow. But the discussion is about 21 million bitcoin supplies and whether it is enough or not, because ultimately the supply will run out and we still don't know for sure what will happen next when supplies run out in the mines.
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