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Topic: How many bitcoin is enough? - page 8. (Read 4130 times)

full member
Activity: 1540
Merit: 219
February 04, 2020, 10:05:14 AM
Take note of how much the value of Bitcoin is, to have an idea. Actually, majority of people here would say that the more Bitcoins you have, the better the profit is, but depending on the market behavior. Let's say you have 20 Bitcoin in your wallet, and you have invested in order to acquire such amount. Just think of the stress that you would have whenever the market value is falling.
BUT it does depend on the mindset that you have as an investor. If you are used to such situations, you won't take dumps as a problem but rather, a good opportunity to invest for more. On the other hand, the quantity of Bitcoin to possess depends on the contentment of an investor.
newbie
Activity: 2
Merit: 0
February 04, 2020, 10:00:12 AM
There is no "enough" on currency, you always need money and it's always does no matter what time frame it is. We can't say you only need X bitcoin and you already feel satisfied about it, where your economy are literally off. I would say that it's indefinite amount of Bitcoin you need to collect to have "enough".
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
February 04, 2020, 09:53:39 AM
For me there is no certain amount about to describe how much bitcoin should we have to hold for the future because the answers from this questions will be so various depend on people own target but for me personally i have no particular target to earn bitcoin for the future because whatever the amount would i have then as a human it will never satisfied me but if supose can i will earn bitcoin as much as i can according to my ability

this is the same question on how long should we work to earn money  . people keeps on working as much as they can to earn more  . in this case we have here we do also work hard to earn a bitcoin and no certain/specific amount can satisfy us  but the more the merrier/better  , that is for sure   . but for the gambling site that im playing , i bet specific amount and if i hit my target payout , i can earn 1 btc  . 1 whole btc is what im dreaming of whenever i play gambling  .
when you get 1 bitcoin from the gambling method like you do I think not everyone can follow your steps because this gambling is pure luck and no one can guess correctly, maybe you are very lucky if you can get 1 bitcoin from a very easy like that.
member
Activity: 243
Merit: 10
February 04, 2020, 08:59:25 AM
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.
A vote for agreement, there is no certain first column on the number of bitcoin here when it is too good in the market, it can bring a lot of money, and the slogan in our lives, the money will need to be infinite and we will not define what is enough but exactly as you say, people already know the value of bitcoin and right now, getting 1 bitcoin is not easy, so thinking about more bitcoin is just a dream. But even if they are holding more or less bitcoin, we should still try to increase more through trading, do not be afraid to take a little risk and miss more things
full member
Activity: 1750
Merit: 118
February 04, 2020, 08:59:15 AM
For me there is no certain amount about to describe how much bitcoin should we have to hold for the future because the answers from this questions will be so various depend on people own target but for me personally i have no particular target to earn bitcoin for the future because whatever the amount would i have then as a human it will never satisfied me but if supose can i will earn bitcoin as much as i can according to my ability

this is the same question on how long should we work to earn money  . people keeps on working as much as they can to earn more  . in this case we have here we do also work hard to earn a bitcoin and no certain/specific amount can satisfy us  but the more the merrier/better  , that is for sure   . but for the gambling site that im playing , i bet specific amount and if i hit my target payout , i can earn 1 btc  . 1 whole btc is what im dreaming of whenever i play gambling  .
legendary
Activity: 2898
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
February 04, 2020, 08:43:08 AM
For me there is no certain amount about to describe how much bitcoin should we have to hold for the future because the answers from this questions will be so various depend on people own target but for me personally i have no particular target to earn bitcoin for the future because whatever the amount would i have then as a human it will never satisfied me but if supose can i will earn bitcoin as much as i can according to my ability
hero member
Activity: 3010
Merit: 629
February 04, 2020, 07:02:36 AM
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.
hero member
Activity: 742
Merit: 507
February 04, 2020, 06:30:19 AM
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.
newbie
Activity: 17
Merit: 0
February 04, 2020, 01:59:17 AM
What is the number 21 based on?
If this is one millionth part of bitcoin, is bitcoin designed for only 1 million people or even less? What to do in this case to those who didn't get bitcoin? It seems to me that this scheme will not work in real life.
newbie
Activity: 30
Merit: 0
February 04, 2020, 01:32:47 AM
Depends on the one's portfolio, but I'd say 10% is more than enough.
At this point whole crypto market including bitcoin is too versatile.
You won't invest much in high risk high reward source.
full member
Activity: 602
Merit: 100
February 03, 2020, 07:58:52 PM
Everything relies upon the cost! On the off chance that we were at the pinnacle of around $15k per BTC I might want 900 that would do me pleasantly. On the other hand in the event that the cost goes to $1M per BTC, at that point 15 would be sufficient. Not certain I am being normal however.
sr. member
Activity: 1428
Merit: 358
January 22, 2020, 10:01:44 AM
The answer will depends on the desire of someone. My goal is to just have 5 bitcoins that is why I keep trading my bitcoins in order to multiply it and to achieve my goal to increase it in 5 bitcoins but I am sure that my desires will upgrade where I want to double it more, so I will find another way to achieve that goal. The thing that I want to say is the never ending greed that we have, our desires in life is keep changing so there is no enough number of bitcoin that should we have.
sr. member
Activity: 882
Merit: 258
★Bitvest.io★ Play Plinko or Invest!
January 22, 2020, 09:38:02 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.
Less than 1 bitcoin? If you will dream about it then sky is the limit in which go and obtain many bitcoin as you can to be able to earn a lot of profit when the time of bull run comes it is more likely investment in which invest as many as you can so that when the tike of getting the profit you will be able to get double or triple the investment you do.
We don't know how many bitcoin will be enough for us because time by time the value of bitcoin is increasing or decreasing so we don't know if the bitcoin that we have right now is already enough for our daily needs and wants.
sr. member
Activity: 910
Merit: 255
January 22, 2020, 07:27:36 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.
sr. member
Activity: 728
Merit: 250
January 22, 2020, 12:07:34 AM
Even just one Bitcoin if you hold it long enough should give you a big profit since this is still the early stages of Bitcoin development.  The key though is holding it for a few years to at least double your money.

I strongly oppose to this proposition.

This is just being safe, there is no guarantee however if you really are going to make profits by holding, because you will never know when you will be going to need the money you invest in bitcoin, what if you missed the ATH and suddenly there is an emergency happened in your household, of course you will be force to withdraw some amount of money to the bitcoin you are holding and that is automatically loss of profits.

I preferred looking different angles while holding, like for example is Trading, you could maximize your profits while waiting for the big bang in the market.
Holding one bitcoin is better than to not hold any bitcoin, however I agree that someone thinking like that is playing it safe, what we need to do is to obtain all the bitcoin that we can, even if you get to whatever goal that you established for yourself it is important to keep accumulating coins, even if we are not early adopters and we are never going to be as rich as them at the same time once most people around the world adopt bitcoin even a small amount of bitcoin will amount to a small fortune.
newbie
Activity: 34
Merit: 0
January 21, 2020, 09:19:45 PM
I had a good start in 2018. The bitcoin price had remained constant for some time. I chose the right altcoin and made a good profit. It makes sense to make an investment as a bitcoin. However, for big gains, subcoin investment can also be made. I think 80 Bitcoin and 100 Ethereum are a good plan.

No sane normal person is able to get over 20 Bitcoin anymore. To reach 80 Bitcoin in a healthy wide-spreaded portfolio is impossible if you give crypto a maximum of 5%. However it is always a good idea to invest a small part of your wealth into a rising asset class like Bitcoin.

But I'm probably not the best one to talk about such a topic when I'm already fully invested in crypto ^^ Hodl and life.

The last part is probably true for most of this forum participants.
Anyway I think you are right on the 5% crypto part of the portfolio since the market is extremely volatile and sensitive to all kind of events in news.
So my guess would be 15 bitcoin is a maximum if we're talking about current btc's price (year ago it was only $3500 so it would be fair to buy more of it).
sr. member
Activity: 1638
Merit: 300
January 21, 2020, 05:47:27 PM
There is no fixed amount.

Exactly. It is natural for a human being to be not satisfied. I say any amount is never enough. We will still want more and more, now it may sound as if mankind is greedy (well it's true for the most part) but at the same time, it's hard to stop especially if it helps us in our daily lives.

We are human, we are subjected to have this sins because of the original sin that is committed. Even if there is a lot, it isnot enough for the freedy. Even if he had everything, it is still not enough. Also, it is not the thing that it can help, even though it can't help, people will not stop.
sr. member
Activity: 476
Merit: 255
January 21, 2020, 05:44:19 PM
This is the age old question.

I think a parallel, and possibly better question, is: When the price of bitcoin goes down do you keep acquiring at the same rate or do you slow down or stop? Psychologically when the value of an investment goes down people want to flee or hold off on any new investment. But buying low allows each of you to buy more for the same fiat investment. 
sr. member
Activity: 2828
Merit: 344
win lambo...
January 21, 2020, 05:14:25 PM
If I would ask how many Bitcoin is enough for me, my answer is 1; with one Bitcoin I could earn and save a lot of money. I'll turn it into a real money but, I would still invest here in cryptoworld adding investments in the physical market like in Gold so I could keep my money secure. I would build business from it so I could still afford to buy my necessities and achieve a better life.
I appreciate how you planned it...May 1BTC is good enough for you as it already has a high value when converted into fiat, the same also in my place. But of course, it doesn't just mean that if we have already 1BTC we just stop investing crypto. Yes, why not to continue doing it until to its ends. We started it and we earn great, or may we could earn more than of 1BTC that we've holding right...possible to double it? That was amazing, though.
legendary
Activity: 3094
Merit: 1127
January 21, 2020, 03:46:52 PM
There is no fixed amount.

Exactly. It is natural for a human being to be not satisfied. I say any amount is never enough. We will still want more and more, now it may sound as if mankind is greedy (well it's true for the most part) but at the same time, it's hard to stop especially if it helps us in our daily lives.
Even if you do have 1000 BTC on your own wallet, for sure you would still ask or look for more.We know that money is everything because if we dont have this
then living would really be hard so its just normal for a person to look for more and heres come greed where we know that it isnt really that good to have this kind
of behavior.Part of reality where each people do have different capacity and capability on earning btc.Some do gain from being an early adopter and some do accumulate
while its still cheap.
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