Topic: I will never own a whole Bitcoin and that's okay (Read 820 times)
I wonder what percentage of people don't even know bitcoin exists... Maybe one day a single bitcoin will represent a real fortune ... I've seen bitcoin go up to $800 and I thought it was very expensive... Instead of investing in bitcoin, I loaned money that I lost. Other people have bought a lot of stuff with bitcoins bought at 10 cents, sold them at 3 dollars, and were very happy to have made a profit. There are so many stories about bitcoin. By the way, I'm still looking for a site, in English, where people were telling their bitcoin stories.
Not owning an entire Bitcoin is the statistical reality for the vast majority of crypto owners
It is not possible given that there are only 21 million and a lot of those Bitcoin is held by single hands already. The ownership isn't as centralized anymore as it was claimed to be, but as Bitcoin gets more and more adopted globally I think the unit of account that will be more relevant is probably going to be mBTC instead of BTC. For as long as you can still get your hands on an entire BTC, go for it! If the trend continues in the future and there are more people who want to own bitcoin, then this will contribute to the growth of its price, since demand always leads to an increase in the price. So while its price is still not that high at the moment, you can try to buy as much as possible so that in the future it will bring good profit.
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To summarize, my point is that many of us won't become rich or earn a great deal of money through Bitcoin, but that's okay; money isn't the greatest goal in life. We missed the early stages, but that doesn't mean that we don't have a chance in the future. There's no need to regret anything, coming from someone who was here during the first years and missed the boat. It's completely unnecessary to stress over how to acquire more and go above and beyond by selling stuff or exceeding the budget you can afford. Stick to what you can afford to spend and stick to that plan; don't go to extreme measures; and remember, there are no guarantees in investments.
To summarize, my point is that many of us won't become rich or earn a great deal of money through Bitcoin, but that's okay; money isn't the greatest goal in life. We missed the early stages, but that doesn't mean that we don't have a chance in the future. There's no need to regret anything, coming from someone who was here during the first years and missed the boat. It's completely unnecessary to stress over how to acquire more and go above and beyond by selling stuff or exceeding the budget you can afford. Stick to what you can afford to spend and stick to that plan; don't go to extreme measures; and remember, there are no guarantees in investments.
I never expected to be very rich from Bitcoin, I enjoy every moment in this forum because it has become my hobby, I can even say this forum is my second home. I've seen a lot of impatient people in their lives (especially members on this forum who got banned), so they do negative things to get rich quickly even though they never get it at all.
I'm also still very grateful to have my little investment in the form of Bitcoin that I got from a signature campaign, for daily needs, I have a small business in the real world that can support me so I don't have to sell the bitcoins that I get. The point is that right now there are many opportunities and there is no need to rush, just focus and be patient with what you are good at and comfortable with.
Not owning an entire Bitcoin is the statistical reality for the vast majority of crypto owners
It is not possible given that there are only 21 million and a lot of those Bitcoin is held by single hands already. The ownership isn't as centralized anymore as it was claimed to be, but as Bitcoin gets more and more adopted globally I think the unit of account that will be more relevant is probably going to be mBTC instead of BTC. For as long as you can still get your hands on an entire BTC, go for it! 
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To summarize, my point is that many of us won't become rich or earn a great deal of money through Bitcoin, but that's okay; money isn't the greatest goal in life. We missed the early stages, but that doesn't mean that we don't have a chance in the future. There's no need to regret anything, coming from someone who was here during the first years and missed the boat. It's completely unnecessary to stress over how to acquire more and go above and beyond by selling stuff or exceeding the budget you can afford. Stick to what you can afford to spend and stick to that plan; don't go to extreme measures; and remember, there are no guarantees in investments.
To summarize, my point is that many of us won't become rich or earn a great deal of money through Bitcoin, but that's okay; money isn't the greatest goal in life. We missed the early stages, but that doesn't mean that we don't have a chance in the future. There's no need to regret anything, coming from someone who was here during the first years and missed the boat. It's completely unnecessary to stress over how to acquire more and go above and beyond by selling stuff or exceeding the budget you can afford. Stick to what you can afford to spend and stick to that plan; don't go to extreme measures; and remember, there are no guarantees in investments.
I never expected to be very rich from Bitcoin, I enjoy every moment in this forum because it has become my hobby, I can even say this forum is my second home. I've seen a lot of impatient people in their lives (especially members on this forum who got banned), so they do negative things to get rich quickly even though they never get it at all.
I'm also still very grateful to have my little investment in the form of Bitcoin that I got from a signature campaign, for daily needs, I have a small business in the real world that can support me so I don't have to sell the bitcoins that I get. The point is that right now there are many opportunities and there is no need to rush, just focus and be patient with what you are good at and comfortable with.
I signed up on this forum in 2014 with minimal knowledge of cryptocurrencies and a restricted ability to comprehend their concept. Being a young teenager, you'll understand. On top of that, I had no way of acquiring it myself. Thus, I missed the opportunity to buy at ridiculously low prices (compared to today's). I gave up shortly after and reappeared on the forum in 2017 for about a year or two at most, abandoning it again and kicking some great opportunities once again.
I've seen an increasing trend over the past few months, mostly from newer BTT users striving to acquire as much Bitcoin as possible as soon as possible. Some even claim to sell their jewelry or other personal belongings in an attempt to acquire more capital to use towards a Bitcoin purchase. Other newbies claim that they found wallets filled with Bitcoin in the early stages, in an attempt to impress others, while a few days ago they'd be asking how to sign up on Binance or whatever. It's unclear whether any of these stories are true, but that's not the point.
The majority of us missed the boat when Bitcoin was cheap, and now acquiring a whole coin isn't affordable anymore. The average wage in Greece is approximately €800 (about €10,000 per year), while Bitcoin's price is at $27,500 as we speak (about €25,000), which means that I will need 2.5 years to acquire the requested amount of money, in the condition of not spending a single Euro, without taking into account any price increases. Thus, purchasing a whole coin would effectively require up to 6 or even 7 years for the average person in Greece.
I currently have less than 0.20 BTC, which is still a semi-decent amount for myself, the majority of which are from signature campaigns (huge thanks to Cryptobrainboss and Hampuzz for having me in their campaigns), and I'm totally okay with the idea of never owning a single Bitcoin; it's not the end of the world. So far, I'm earning an important side income through it, while spending time on the forum is like a hobby of mine now. This is what matters most to me.
To summarize, my point is that many of us won't become rich or earn a great deal of money through Bitcoin, but that's okay; money isn't the greatest goal in life. We missed the early stages, but that doesn't mean that we don't have a chance in the future. There's no need to regret anything, coming from someone who was here during the first years and missed the boat. It's completely unnecessary to stress over how to acquire more and go above and beyond by selling stuff or exceeding the budget you can afford. Stick to what you can afford to spend and stick to that plan; don't go to extreme measures; and remember, there are no guarantees in investments.
I've seen an increasing trend over the past few months, mostly from newer BTT users striving to acquire as much Bitcoin as possible as soon as possible. Some even claim to sell their jewelry or other personal belongings in an attempt to acquire more capital to use towards a Bitcoin purchase. Other newbies claim that they found wallets filled with Bitcoin in the early stages, in an attempt to impress others, while a few days ago they'd be asking how to sign up on Binance or whatever. It's unclear whether any of these stories are true, but that's not the point.
The majority of us missed the boat when Bitcoin was cheap, and now acquiring a whole coin isn't affordable anymore. The average wage in Greece is approximately €800 (about €10,000 per year), while Bitcoin's price is at $27,500 as we speak (about €25,000), which means that I will need 2.5 years to acquire the requested amount of money, in the condition of not spending a single Euro, without taking into account any price increases. Thus, purchasing a whole coin would effectively require up to 6 or even 7 years for the average person in Greece.
I currently have less than 0.20 BTC, which is still a semi-decent amount for myself, the majority of which are from signature campaigns (huge thanks to Cryptobrainboss and Hampuzz for having me in their campaigns), and I'm totally okay with the idea of never owning a single Bitcoin; it's not the end of the world. So far, I'm earning an important side income through it, while spending time on the forum is like a hobby of mine now. This is what matters most to me.
To summarize, my point is that many of us won't become rich or earn a great deal of money through Bitcoin, but that's okay; money isn't the greatest goal in life. We missed the early stages, but that doesn't mean that we don't have a chance in the future. There's no need to regret anything, coming from someone who was here during the first years and missed the boat. It's completely unnecessary to stress over how to acquire more and go above and beyond by selling stuff or exceeding the budget you can afford. Stick to what you can afford to spend and stick to that plan; don't go to extreme measures; and remember, there are no guarantees in investments.
Oh geeze do I feel this post. Hang in there fam. This is a real toughie. I can personally say that I dropped the ball in owning 250 Bitcoins I had the chance to acquire in 2010 for $20. One day you CAN own one who BITCOIN. Shoot, you can own 100 BITCOIN! You limit yourself in the belief in yourself to change your circumstances, don't underestimate yourself! YOU CAN DO ANYTHING YOU PUT YOUR MIND TO!
I believe we've been all missed something big in cryptocurrency world or even in the real world, but that's okay, because we can't have it all, we can win always, we can't be happy always, everything should be in balance to grow more, so we have to experience bad things as well in able to learn something from it, and be a better person.
Not owning a whole Bitcoin after so many years is not a big deal, because maybe you're spending your profit in your daily needs, like paying your bills, buying foods, maintenance inside your house, and your wants, etc. That's amazing already, and that's the purpose why we are earning money, to spend on things we needs and wants.
Not owning a whole Bitcoin after so many years is not a big deal, because maybe you're spending your profit in your daily needs, like paying your bills, buying foods, maintenance inside your house, and your wants, etc. That's amazing already, and that's the purpose why we are earning money, to spend on things we needs and wants.
never say never. Wealth can fall on you at any moment. The second moment, if you set yourself the goal of earning 1 Bitcoin, you can handle it, there are a lot of opportunities for this now and I think you yourself know this. Thanks to the forum and the companies that spend here, as it is possible here get new knowledge and profit, and if you combine all this, you will have a positive result.
Maybe you have a point but I understand why some people are saying this because they are already contented with their achievements. Maybe you think that achieving and storing 1BTC is easy for you but never think that others have the capability to own it as well. Might say it was our mindset and the urge to get but can't hide the fact that some people choose not to get but instead, they make their money rolling - buy and sell. Actually, to be here in the crypto space is not all about owning 1BTC but we are here to make money every day as possible.
Isn’t that the beauty of cryptocurrency? You don’t really need to own a whole Bitcoin but that doesn’t stop you from being a proud owner of you though you might own a fraction of it. I see a lot of people people complaining about how they missed the chance of buying cryptocurrency way back when the value was really low but they don’t see the fact that there are even properties and other investments that have grown in the past few years. What I’m trying to say is unlike Properties,Gold or stocks etc which require you to own in full unlike these Bitcoin let’s you invest and grow with any desired amount you are comfortable with spending.
That's why when people ask for guidance about investing in bitcoins, I always told them the best thing to do is quit their bad habits and instead of buying cigarettes and alcohol, they should try to consider buying bitcoins with that money and look for the differences. especially those who wanted to quit these bad habits and they wanted to spend their money on something useful and productive. Bitcoins are always a good answer for that and they really need to start right now if they wanted some changes in their life because the more they spend it on something unbeneficial the more they are wasting their money.
You are judging tomorrow based on today and that's unfair, if 0.2BTC is all you can afford this year, what makes you think you won't do better than this next year? There are many opportunities in crypto space that can change everything in a short period of time you only need to learn.
I have read about how many people make a lot of money by investing in altcoin gems if they find them early. If you find them early, you can have more BTC fast. With altcoins, you can do pretty well and then use that money to buy Bitcoin, so you can have one Bitcoin within one year or two.
I have read about how many people make a lot of money by investing in altcoin gems if they find them early. If you find them early, you can have more BTC fast. With altcoins, you can do pretty well and then use that money to buy Bitcoin, so you can have one Bitcoin within one year or two.
There are too many "gems", most of them won't provide you too much profit even if you invest in them early, and some will cause you to lose money. Trading is a good way to make money, but it's hard and I think it's not for everyone. Accepting your limits is fine, trying to break them is also acceptable, but you shouldn't overestimate yourself too much.
To summarize, my point is that many of us won't become rich or earn a great deal of money through Bitcoin, but that's okay; money isn't the greatest goal in life.
With that being said, you already create a limit within yourself. We all can become rich if we decided to become one. The problem with today is that people do not think on how they can get increase their current income, that is the reason why they are still on the same place and not going anywhere. If you decided to work hard and get own a 1 bitcoin or more then you will come up a plan on how to do it. People are creating limits by saying they cannot do it, it is like what you did by saying "I will never own a whole bitcoin", there are a lot of ways to get a bitcoin all you need to do is to decide to have 1 bitcoin. Human mind is the most powerful thing that we have, it can help us to manifest our desires so better if we should have a positive vision to ourself and to what we can do.We live in the world with a lot of opportunities, I really mean it when I say a lot because all we need to have specialized knowledge and high income skill in order to earn money without investing money or using capital. If we train our mind to see opportunities, you will see that there are so much abundance in this type of market. Remember that it is all in our mind, if you start deciding that you can have the amount of money you desire then it will finally come in to you. IT IS SIMPLE AS THAT!
You are judging tomorrow based on today and that's unfair, if 0.2BTC is all you can afford this year, what makes you think you won't do better than this next year? There are many opportunities in crypto space that can change everything in a short period of time you only need to learn.
I have read about how many people make a lot of money by investing in altcoin gems if they find them early. If you find them early, you can have more BTC fast. With altcoins, you can do pretty well and then use that money to buy Bitcoin, so you can have one Bitcoin within one year or two.
I have read about how many people make a lot of money by investing in altcoin gems if they find them early. If you find them early, you can have more BTC fast. With altcoins, you can do pretty well and then use that money to buy Bitcoin, so you can have one Bitcoin within one year or two.
There are too many "gems", most of them won't provide you too much profit even if you invest in them early, and some will cause you to lose money. Trading is a good way to make money, but it's hard and I think it's not for everyone. Accepting your limits is fine, trying to break them is also acceptable, but you shouldn't overestimate yourself too much.
You are judging tomorrow based on today and that's unfair, if 0.2BTC is all you can afford this year, what makes you think you won't do better than this next year? There are many opportunities in crypto space that can change everything in a short period of time you only need to learn.
I have read about how many people make a lot of money by investing in altcoin gems if they find them early. If you find them early, you can have more BTC fast. With altcoins, you can do pretty well and then use that money to buy Bitcoin, so you can have one Bitcoin within one year or two.
I have read about how many people make a lot of money by investing in altcoin gems if they find them early. If you find them early, you can have more BTC fast. With altcoins, you can do pretty well and then use that money to buy Bitcoin, so you can have one Bitcoin within one year or two.
It’s Really Like A Dreams Because Still Now 1 Bitcoin = Upto $30k USD And My Country Money Value Of 1 Bitcoin = Upto 3 Million Our Country Local Money It’s So Far And I Hope It’s Not Possible To My Owning Ever 1 BTC In My Wallet But I Have Little Amount Of Bitcoin It’s Okay For Me But Still Now I,m Trying To Increasing My Value To BTC And Working Hard If Possible Anyhow To Make Half BTC In My Full Life That's Enough For Me And Than I Success My Life And Fillup My Dreams Everyone Pray For Me.
It is very common for everyone to hope that bitcoin can help him financially regardless of whether they can be rich for it or just have enough. Of course it doesn't matter if you never get rich with it, but you should of course be grateful for what you have so far from bitcoin. Bitcoin in general has helped a lot of people get a decent return on investment and trading, but that return is by no means guaranteed.
Just like most people, I also want to make a lot of profit in bitcoin. Obviously this doesn't have to make me feel too greedy for my desires, to be honest all of that needs a process and of course the process is never instant. Buy as much as you can afford to lose, hold on long term and enjoy the returns.
And no less important point should be the ability to fix the profit, because until this moment it will be just numbers on the screen, which can decrease as much as they increase. I don’t know if it’s worth holding any coin for 5 years or more, so far it has worked for bitcoin, but no one can know the future fate of any investment, so taking profits in a bull market is a good habit, and as for bear markets, this is up to everyone what to buy and how much is in investment, and it doesn’t matter how much you have half a bitcoin or more, you need to proceed from the situation on the market. Just like most people, I also want to make a lot of profit in bitcoin. Obviously this doesn't have to make me feel too greedy for my desires, to be honest all of that needs a process and of course the process is never instant. Buy as much as you can afford to lose, hold on long term and enjoy the returns.
It’s not an issue if you don’t own a whole Bitcoin. It’s more an issue if you don’t know any bitcoin at all. If your net worth for example would be 10.000 USD you would be very well off if you own 0.3 Bitcoin. If your net worth however would be 1.000.000 USD you would be not so well off if you just own 1 bitcoin for example.
So in my opinion just adapt your bitcoin portfolio to what you can afford. If bitcoin doubles your investment will also double, no matter what you have invested. Always remember that.
So in my opinion just adapt your bitcoin portfolio to what you can afford. If bitcoin doubles your investment will also double, no matter what you have invested. Always remember that.
You actually provided what is mathematically set in stone already. There are more average persons in the world than there are Bitcoin! Which means that not every average person will ever be able to hold an entire Bitcoin. Psychologically I think this is an important aspect to consider when you are getting into Bitcoin. Avoid FOMO because you set some idealistic investment goal like "I need 1.0 Bitcoin no matter what and as quickly as possible". If your cash flow only allows for slow and steady, then stick with slow and steady and just by sticking to that you are probably better off than the average person in the long run.
Being an average person in terms of income does not necessarily equate to being an average investor as well. Sticking to principles, continuously revising your investment strategy if necessary and persistently sticking to what you set up as your strategy can get you further than some of the higher income persons.
Also as you said it depends on where you are in the world. This thread by LoyceV is labeled "What can 1 Bitcoin buy in your country?" and the result to that question can be very different. Now the thread doesn't adjust for time differences in Bitcoin's price I think, but still 0.25 Bitcoin can get you very far in one country and not so far in another. But owning 0.25 Bitcoin is aways better than owning none, and a lot of people in the world own none (yet).
That's correct; the average person isn't aiming to acquire Bitcoin, but I believe that you understand my point: someone who's willing to acquire through purchasing by earning an average wage In theory, it will take years, but in practice, due to its volatility and the expected increase in price in the following years, it'll take way over a decade to achieve it, and it's still not guaranteed by any means. Which means that not every average person will ever be able to hold an entire Bitcoin. Psychologically I think this is an important aspect to consider when you are getting into Bitcoin. Avoid FOMO because you set some idealistic investment goal like "I need 1.0 Bitcoin no matter what and as quickly as possible". If your cash flow only allows for slow and steady, then stick with slow and steady and just by sticking to that you are probably better off than the average person in the long run. Being an average person in terms of income does not necessarily equate to being an average investor as well. Sticking to principles, continuously revising your investment strategy if necessary and persistently sticking to what you set up as your strategy can get you further than some of the higher income persons.
Also as you said it depends on where you are in the world. This thread by LoyceV is labeled "What can 1 Bitcoin buy in your country?" and the result to that question can be very different. Now the thread doesn't adjust for time differences in Bitcoin's price I think, but still 0.25 Bitcoin can get you very far in one country and not so far in another. But owning 0.25 Bitcoin is aways better than owning none, and a lot of people in the world own none (yet).
In my opinion, there is a certain life rule - if you say "I can't do it", then you are right. If you say - "I can do it!" - then you are also right. It all depends on your attitude and your desire to achieve the goal.
If you set yourself the goal of saving 1 Bitcoin, then you will save it. A friendly universe fulfills the desires of people.
At the same time, it does not matter what the average salary in Greece is. People receive income not only in the form of wages, there are many ways to become a rich person. On the other hand, perhaps wealth is not your goal.
At the same time, if in the future the price of Bitcoin rises to $1,000,000, then 0.2 BTC will also become a large amount of money ($200,000).
I know that I sound like a pessimist; however, I find it completely unrealistic, at least for the following few years. I'm not in a hurry, nor am I satisfied with my progress, although I've come to terms with the fact that there's a decent chance that I won't ever accumulate a whole Bitcoin. It might happen, but most likely it will not. If you set yourself the goal of saving 1 Bitcoin, then you will save it. A friendly universe fulfills the desires of people.
At the same time, it does not matter what the average salary in Greece is. People receive income not only in the form of wages, there are many ways to become a rich person. On the other hand, perhaps wealth is not your goal.
At the same time, if in the future the price of Bitcoin rises to $1,000,000, then 0.2 BTC will also become a large amount of money ($200,000).
In my opinion, there is a certain life rule - if you say "I can't do it", then you are right. If you say - "I can do it!" - then you are also right. It all depends on your attitude and your desire to achieve the goal.
If you set yourself the goal of saving 1 Bitcoin, then you will save it. A friendly universe fulfills the desires of people.
At the same time, it does not matter what the average salary in Greece is. People receive income not only in the form of wages, there are many ways to become a rich person. On the other hand, perhaps wealth is not your goal.
At the same time, if in the future the price of Bitcoin rises to $1,000,000, then 0.2 BTC will also become a large amount of money ($200,000).
If you set yourself the goal of saving 1 Bitcoin, then you will save it. A friendly universe fulfills the desires of people.
At the same time, it does not matter what the average salary in Greece is. People receive income not only in the form of wages, there are many ways to become a rich person. On the other hand, perhaps wealth is not your goal.
At the same time, if in the future the price of Bitcoin rises to $1,000,000, then 0.2 BTC will also become a large amount of money ($200,000).
never say never. Wealth can fall on you at any moment. The second moment, if you set yourself the goal of earning 1 Bitcoin, you can handle it, there are a lot of opportunities for this now and I think you yourself know this. Thanks to the forum and the companies that spend here, as it is possible here get new knowledge and profit, and if you combine all this, you will have a positive result.
To summarize, my point is that many of us won't become rich or earn a great deal of money through Bitcoin, but that's okay; money isn't the greatest goal in life. We missed the early stages, but that doesn't mean that we don't have a chance in the future. There's no need to regret anything, coming from someone who was here during the first years and missed the boat. It's completely unnecessary to stress over how to acquire more and go above and beyond by selling stuff or exceeding the budget you can afford. Stick to what you can afford to spend and stick to that plan; don't go to extreme measures; and remember, there are no guarantees in investments.
I personally also think the same thing, indeed in this case the desire to be rich is very clear and I am aware of that, but the context for other things also exists, of course. even though we really can't get rich with it, living with enough is already better for me and indeed while I was in bitcoin my life became a little different and that is a fact that is felt by myself. so I don't care about other people's views whether it's about wealth or indeed being here is a bad action, as long as I feel comfortable and my life is fulfilled then I will still be here.Jump to: