Topic: I will never own a whole Bitcoin and that's okay - page 2. (Read 820 times)

I personally can't say in this case rich or anything because everyone's standard of wealth is obviously very different and in this case we have our own perspective of wealth with it.
What is clear, the point remains the same as before as long as we are grateful for what has been given with the adequacy achieved from bitcoin then it will still be very good.
There is no real guarantee because this is not something that has a clear guarantee but this is precisely what makes bitcoin even more interesting because if there was a clear guarantee price fluctuations would not be like this and would feel monotonous of course.

btw I completely agree with this point. Process is one very important thing because of course this can support yourself in a better direction if you want to process.
It's just that there are still many people who always don't expect something like this even though this is a series that cannot be separated.

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.

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).

There are many important things that someone misses that makes them fail to grasp the opportunity to get rich, your past is also experienced by several other users who are here. You still have a chance to make up for the small mistakes you missed in 2014 and 2017, during your time here there have been many developments that have made you know Bitcoin more closely.
Mistakes and failures are valuable lessons, after this you will always be monitoring the market movement to get a small portion of bitcoins to earn a few extra dollars when the price has increased.
I do not agree with the words that there is money is not the goal in life because to survive requires money.

It's never too late to still make a better future out of it, those that missed it then were never aware of how it may turn to later in life, maybe they would have risk it all and invested, now our turn today to choose whether to invest or watch things happening again for the second time, but for everyone who have heard about bitcoin this time and yet not invested stands on his own, the future to come will say the rest.


The wrong mentality many have is that they must have to buy bitcoin which is wrong, it's a currency that should be earned as well just as you got paid in fiat from the job you do, you can earn bitcoin in many ways and not necessarily till you exchange your fiat for it or sell some of your asset.

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.

Not many people believe in Satoshi Nakamoto's dream and it's ok, I was one of those who never believe that Bitcoin could do anything noticeable in the world, I know Bitcoin at a very earlier stage but I failed to believe in it, until when it's almost too late, if I had no good amount of money I won't be able to have the amount of Bitcoin I am currently holding right now. My dream is to have more Bitcoin because I don't see how to retire with a good amount of money and wealth if you don't have Bitcoin today, and I doubt there will be a better valuable thing like Bitcoin again, even if there is another it will take another decade to get there and I won't exists anymore anyway. 

OP do what is withing your reach, don't chase what you can't get your hands on, some scammers made 135 ETH yesterday from scamming people through a fake meme coin, he rug pulled on the investors, imagine this person bragging that they bought Bitcoin at a very early stage when they steal from others. BUy the amount of Bitcoin you can right now, it will be extremely hard to get 0.5BTC in another 4 years so I don't believe that it's too late.

Many people missed the opportunity to buy Bitcoin early on.  Although Bitcoin was not well known then.But then the value of Bitcoin was very low like in Satoshi. As the popularity of Bitcoin began to rise, the price began to rise.But later the trend is increasing.  Very few people held Bitcoin back then.  Little did anyone know then that Bitcoin would one day become known throughout the world.  And Bitcoin will be the king of cryptocurrency.Those who held bitcoins at that time became rich.  But then the investor unknowingly sold the bitcoins.  It was the biggest mistake of their life, otherwise they would be rich today.  But nowadays it is very difficult to own a bitcoin.

Every great things that happened to a man, is a function of information and divine wisdom of understanding, while taken the risk at initial stage to buy Bitcoin with a low price, base on your capital and most not be a complete Bitcoin before investing, but some fraction can be bought and hold for a long term investment, to achieve or get Gain as a cryptocurrency investor.

I agree. 1 Bitcoin is massive and most people won't be able to gather it now even in years and that's fine, not everyone can afford this. I don't even have 0.2, but I'm doing everything to get there and have at least half of a coin before it hits $100k.

Sounds impossible, at least nowadays that Bitcoin is worth more than $30,000, a few years ago, I'd say that it was very possible. Personally, it would take me over 6 to 7 more years at best, if you take into account that the price is likely to increase in the following years.
Nothing to do with being optimistic, I'm just being realistic with the data I currently have, it doesn't necessarily mean that there's no possibility of them changing, however, the parameters that make the acquisition of a whole Bitcoin are many and quite volatile (wages, salary, Bitcoin's price).
I'm talking about a few newer members that claimed that they were selling their own possessions in order to purchase Bitcoin. I'm also supportive of selling and getting rid of items you no longer use or need, but going in extreme measures is unnecessary.

Having 1 Bitcoin in your wallet can be one of your greatest achievements, especially at today's price. But for starters and for average people like me, it will really make me happy if I will have a chance to earn 1 Bitcoin a year. But you know that having 0.20 bitcoin is a really good amount, especially if it's your hard-earned money. In life and in crypto, it's okay to dream big and work hard until you get insanely rich, learn to be contented sometimes for you to learn how to save and not lose your hard-earned money in stupid stuff.

I think it is fine to realize that, I mean price is a lot and we may not reach there but at the same time altcoins could make this happen one day too, we need to remember that. I had a friend who already had a few bitcoins, but he made a lot more bitcoins, about 100 to be exact, and he made that thanks to his altcoins investments and he made that happen.

This is why it is important to keep in mind that you may not invest a lot and get it there, but you could always end up with a good altcoin investment that could turn into something much bigger as well. I hope that it does happen eventually to everyone and everyone gets richer thanks to some coins and we all live happily, but some will fail while the others will make that work. I hope for that now, I am doing as well as I could in saving category, now I need a good investment.

It's great to have 1 bitcoin in your wallet, but it shouldn't be the goal of a lifetime, you know.
You can slowly go to your goal accumulating coins and live a happy life. In fact, most people don't even have 0.20 Bitcoin. It's a good amount.

That's actually decent enough, I think you should try to speak about that in-front of investors who have acquired less compared to what you have and surely you will hear some comments that will make you think twice because they envy you more than you envy the other investors. I mean, we all have our own difficulties in life and so as acquiring cryptocurrencies because we felt that we are already behind and haven't boarded the first boat. It may sound cliche to you and to others but this ain't a race my friend.

My advise is, you should keep on holding and acquiring if you have any spare funds. Don't compare yourself to others and stop limiting yourself because you'll just be discouraged.

Those who are selling their stuff to buy Bitcoin are not doing it because of desperation and it doesn't mean they can't afford it, most of them did it because they can afford it, there is a bus driver on YouTube that got rich with crypto in 2017, till date he still sells a few of his cars, Lamborghini and others to buy Bitcoin back, in every Bear market he said.

Bitcoin has never failed to amuse us, if you can sell your stuff to get one Bitcoin and by a year and a half Bitcoin turns to 100k you will be able to buy back your stuff and have many profits left that you can use to change your life. I know it's not a good strategy for many people but it's worth the risk.

My father built his house in 1991 and today the house is not in a very good shape, we the children keep spending money on the house to make it retain its old strong shape, it costs us a lot to renovate, what I am trying to say is properties appreciates over time, the worn out as time goes on, even if you build for business sake, most of the money is going for amendment of the house or property.

Well, I am here to give you some hope. First of all... the idea was never for everyone to hold one Bitcoin, that is just a pipe dream for many people. You should collect as much as you can and then hoard it, if you are planning to use it as an investment option.

So when I started out, the Bitcoin price was around $300 to $400 ....and to be honest, I did not have enough money to buy a lot of coins. I bought small amounts every time the price dropped and then sold them when the price spiked.... and doing that continuously... until I had enough money to buy a few coins.

I eventually collected enough to buy a few coins and then sold them for a massive profit at $5000 and then at $18 000 and once again at $55 000. 

Considering how much more popular can Bitcoin get in the future and the level of adoption in those times, everyone won't even be able to have any Bitcoin since the supply is not enough for that, and that is what will drive the price too high since the demand will be too high and everyone will be willing to pay a lot of money only to get a small portion of a whole Bitcoin.

That is the beauty of Bitcoin, limited supply, and high demand, thus a very high price in the future, unlike altcoins which have almost unlimited supplies and very less demand, and that is the reason why Bitcoin has never got any competition at all.

I never buy Bitcoin back then I only got it from the bounties and the highest bounty that I got is from Lisk which pays me around 2.1 Btc   . and yes as an old member like us, it will be very hurtful when we can see today price   but just like you have said there is no point in looking back.

The best thing is learning from the past  . I remember I had to sell all my holdings when Bitcoin price is around ~$500 what a crazy hahaha


There is other way if we don't have money to deposit or to buy the bitcoin by participating bounties like signature and HODL

While the price of Bitcoin become expensive, people got it hard to accumulate more, unlike when it was just $100. But it was not because of its current price or because we don't have the motivation to save them. It was noticed that when Bitcoin was also accepted as payment, it was easy for people to use it and spend like fiat money. The behavior of the people changed as the development continue because before we think that Bitcoin is precious than gold but for now, it was just a normal thing - it comes to us and then just passed by.