Topic: How will it affect your life if bitcoin price comes to $1 million per bitcoin? - page 4. (Read 1012 times)

Sadly I only left small fraction of my funds since 2021 , now I know i need to keep tracking my funds.

If bitcoin reached 1 million? then i will have chance to open a small business like laundry and car washing and that will change my life forever.

It is just a thought for now but we live in a world of endless possibilities where anything is possible. So if bitcoin price were to reach one million dollars per bitcoin, in my lifetime, I'll definitely plan for my early retirement from active work. I'll reinvest some of my profits in other investments like real estate, that always increase in value, and leave off the profits for the rest of my life, traveling and enjoying. Having multiple sources of income has always been my dream, so if my bitcoin investment can actualize it by it's price to be multiplying geometrically to reach that mark, then I'm good to actualizing my dreams of multi investments and early retirement to enjoy vacations all over the world with my family.

Well, I'd be able to get some big vacation, buy a good house, and still have some I guess. My life would be definitely a lot easier, but I prefer not to daydream. I'm just doing my best to protect my future.

If bitcoin can reach 1 million USD each then I'm pretty sure it will never be able to become a currency or payment method. Are you rich enough to use bitcoin for payments and pay a huge fee if 1btc = 1 million dollars? Furthermore, bitcoin is gradually becoming an asset and its path to becoming a currency is gradually closing. Some people won't like this but I think it's already happening, with the approval of ETFs, it's clear the world only sees bitcoin as an asset.
But I agree with you that bitcoin can touch 1 million USD in the future, it will take a lot of time but it can be achieved.

I do not have 1 BTC but at least a small fraction in satoshis where I have done DCA (dollar cost averaging) last year and I am currently in profit as of this time of writing.

Let's say if it does hit $1 million per BTC and even with just small fractions of sats, I would be very delighted as a middle-class guy living in a 3rd world country.

I may be thinking of allocating some of it to real estate as I'm looking to make some good passive income every month or so with real world assets. On top of that, I can put up some profitable businesses too and probably travel the world and living the life to the fullest.

This won't affect our lives especially when we already bought this early, as it's going to be a game changer in experiencing insane profits like this when BTC hits the $1 million mark.

In reality though, we may not know if it does going to happen but the chances might be very slim as we are very close towards maturity with the continuous gradual adoption worldwide.  

this would be a truly extraordinary dream. Honestly, of course we all hope for it. How could it not be if the price was that high then I would definitely have a lot of money if I converted it to my country's fiat. You could say that I can definitely realize some of the targets that I want to achieve in the next few years in a shorter time of course. because surely the current value of Bitcoin will be many times greater, right?

But I personally won't have my hopes too high because after all we have to go through a process and that process is certainly not easy and there will definitely be ups and downs. and we don't need to hope too high because if those hopes are not achieved, there may be a little disappointment. It's different if we have certain expectations and it turns out the reality exceeds our expectations. that would be wow amazing. But once again, if it's Bitcoin, I'm not saying that it's not impossible, but it's more about how we have to go through the process if Bitcoin can be at that rate.

It will have a greater impact on me because in the end I can also be said to be one of the people who can profit greatly from the results of my investment in bitcoin while proving and being able to puff up my chest by saying that my choice to be in bitcoin is the right thing.

But for now I just want to be realistic with what I want to aim for. $1 Million is great but I now just want to go beyond $100k as my goal. When that is achieved maybe my goal will be different and want to go even higher but for now $100k which is even often talked about from 2021 alone is still not exceeded and my hope is that with the halving in a few months this can be achieved.

If you have a bitcoin and its value is like that, how many generations of your grandchildren can benefit from it in your family? That's a lot of money actually. But of course, when that happens, there must be a basis. That can't happen with just a pump or just thought of by the big investors in Bitcoin.

Just imagine if everyone in the world had a bitcoin; for sure, no one would have a hard time living in the world. That's why it can't happen, or it really won't happen, because there are billions of people in the world, and Bitcoin only has 21 million supplies.

It will never affect my life negatively since it will surely create a life changing opportunity for me to become rich quickly. It's actually a big advantage for the early investors in bitcoin. But I pity those who keep missing the opportunity to invest in bitcoin because they keep waiting for the perfect price for bitcoin to enter the market. And now that it's price could possibly reach into million, the more that they will regret for not pushing their selves to take the risk to invest.

However, we all know that this price will take a lot of years before it will be achieved. That means there will still be a lot of chances to invest in bitcoin most especially for those who are still in the process of learning bitcoin.

Maybe now 1 btc = $1 million sounds like nonsense but in 2010 there might also be people talking nonsense that 1btc = $35k. It turns out that this has now become a reality

Imagine if that happened, maybe many people would become rich because bitcoin became very expensive. I hope I still have bitcoin when that price is reached. Bitcoin will become the most expensive asset and it is likely that bitcoin will already be accepted as a payment currency throughout the world. Maybe in 100 or 200 years, $1 million for 1btc will no longer be nonsense

Haha and I could say that I am almost a millionaire 

Anyway for sure I would be able to finally afford to buy a house for me and my family, that would be a huge step for us because it would mean that I could keep investing all the other money I make working, they house would be completely paid thanks to bitcoin. Of course I wonder about the interest rate at that point but let's be realistic, when will be able to see bitcoin a $1 mln? Maybe in 20 years?

Well, I don't know exactly, but what I know for sure is that I will be better off financially than I am now. The fact is that for the price to reach that million, there will be many ups and downs, phases of bull and bear markets. In the bull markets I plan to sell partially. Depending on how much I sell and how things go, maybe when that day comes I will have a whole bitcoin or less, but if I have less I will have been benefiting in the process with the partial sales, so I am not so obsessed with the figure as I plan to enjoy the process, because realistically I do not expect to reach a million in less than three cycles.

I'll manage to have at least 1 BTC for now, currently its too far from reality, with the price of the bitcoin in my country of 30k usd its already a million incase imagine with that $1M it could be an instant billionaire here, thats a lot of money that you can use i guess you can even make an inherit with your child with that large amount of money, you cant even spend it all in your life, but in your future children they will benefit and you are the one who breaks and have the financial freedom to them at the early age. Bitcoin can really become a life changer in a proper way.

Obviously i will become rich

and who have invested in it could become very wealthy.

But i don't think this is going to happen

This would be great news for sure and all of us who have Bitcoin will be in a good situation. I am not the same as others who could make themselves millionaires in terms of fiat but I would be in a situation where I could pay off all of my debt and probably build our own house. Though $1 million is too far probably it will happen in the next generation and most of us cannot witness it since there is a probability that this will happen before the last halving of Bitcoin. Let's just focus more now on the most achievable price like achieving the next ATH and let's accumulate more Bitcoin as Halving is fast approaching.

Though I don't have much Bitcoin holdings, this will be a piece of great news indeed. Everyone will become a millionaire. If that happens, I am going to build my own business so I can have another major source of income aside from having a full-time job and some investments. If Bitcoin hits the $1M value, it will become a great history in the crypto world. Hoping that this will happen, soon.

I'm optimistic that someday it is going to happen, no matter what people say and how negative they are. In the past, many people didn't believed that the high predictions like $20k won't happen but we've seen that happen several years ago and now, it's just part of the history because we're pass that price. By the looks of it is impossible but I'm believing firmly that it is going to happen someday, and it's just going to be a matter of time when.

I may not that be like those folks and holders that have been firmly holding. I've made a lot of mistakes on my decisions for selling early but I'm trying to keep up with that mistake and I'm trying to get up with that mistake correcting it so that it is unlikely to be done in the future. So, this dream by everybody and manages to hold until the end until it happens or close to that price, it will be a lovely day it is for sure if we witness it.

Obviously it’d make me & many people on this forum extremely wealthy. I do believe it’s only a matter of tike until bitcoin trades at 1 million USD per coin. If we are lucky it’ll be the end of this decade or if not, at worst it’ll be in the 2030’s. There will be a flight to bitcoin, we are lucky to already be invested.

$1M per bitcoin then even just owning 1/4 or 1/2 of it then it would really be that already significant and could really changed up someones live, knowing that there are indeed places in the world which USD value
is really that indeed big or something that could really be that worth tons even if you do get hundreds or tens thousands of it. If it happens that 1 Bitcoin would worth a million then tons of people would really be changing up their lives if ever that happen but we know that even in dreams this cant really happen considering on how much money we do really need to reach out that kind of price or value. Really that good to dream off with that kind of value or price.

How it does affect my life? For sure i would really be able to built up my own house which i do long or wish for, then having some real estate business and buy some car that i have liked.
It is really that good or something that each one of us does have that kind of wish in life on trying out to attain even if we do say that it is commonly focused on material things but pretty much
sure that most of us does share on the same target in life. People are naturally that materialistic and this is something that i cant really be able to deny.
We would really be definitely buying those things that we do really want or wish for.

For those that don't have a lot of Bitcoin holding, we'll still be happy for everybody. That's an achievement for everyone and that moment is what everyone is waiting for. We may have not much but yet, it's still a great history that will be made that with an asset that has no known creator and remained anonymous has left this world with that great invention that everyone who owns it believed to its tech and on itself as a store of value.

I feel you bud but that's what it is and we will just have to let go of that feelings of being sad and there's a good news. If you believe that someday we'll be able to see Bitcoin hitting that price, there's still a lot of time for you and me to accumulate and buy because who knows if someday in the nearest future, that sadness turns into happiness so it's both happiness and joy for you that has once said about being sad that you can't save.