Topic: I will never own a whole Bitcoin and that's okay - page 3. (Read 820 times)

As a person, you cannot set yourself obstacles, because if that is the case, you will always be Limited,one person can say that to another and I would Feel strongly to say that I will not agree, because it may be that you do not have the means to buy bitcoin right now, but you cannot limit your brain to the fact that you will not have it because you will not have it, on the Contrary, you must think about how to obtain more bitcoin and have that search always, it is the only way to do it, otherwise you will not be able to,be a very positive person.

actually whatever we have we are grateful for 0.20 BTC is a great value for now if cashed compared to 5-7 years ago,
Wherever you produce btc, it's actually normal, but friends have pressured you before, don't ever go into debt to buy btc, following signatures on this forum will also be able to reach 1 btc if we have patience and persistence

You are true OG  Im also member from 2014 and in total in and out I have around 5 Bitcoin and happened in year 2015-2016 after that I never had single bitcoin again after the bitcoin price reach 20K+ it very hard to even touch 1 Bitcoin at least if I buy with my local currency.

1 Single Bitcoin can buy 1 brand new car or even cheap house in my country so buy it will be hard task  hahhaha but thats okay we still have time continue DCA or buy little bit till reach 1 Bitcoin while holding till touch new ATH

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.

Assuming that you will never be financially strong enough to acquire a whole Bitcoin at this price, it is quite likely that if Bitcoin enfolds its full potential it will only get harder from here to make it to a whole Bitcoin. As I hope that you don't hope for Bitcoin to crash to the ground because then you could perhaps buy a whole Bitcoin, my feeling is that this would be the only way for you to make it 1.0 Bitcoin one day.

It also depends where you live. I think half a Bitcoin can get you quite far if we see another bull run.

You are true OG  Im also member from 2014 and in total in and out I have around 5 Bitcoin and happened in year 2015-2016 after that I never had single bitcoin again after the bitcoin price reach 20K+ it very hard to even touch 1 Bitcoin at least if I buy with my local currency.

1 Single Bitcoin can buy 1 brand new car or even cheap house in my country so buy it will be hard task  hahhaha but thats okay we still have time continue DCA or buy little bit till reach 1 Bitcoin while holding till touch new ATH

That's more than okay, OP. The idea for most of us regular folks is to just stack as many sats as you can, for as long as you can.

I did get over 1 BTC some years back but was forced to liquidate. And while I've certainly earned many, many coins, it is my income so I have to sell the bulk of what I earn. It's what I can save every now and then that eventually is moved to a cold wallet.

There will be plenty of dips, and crashes, to come. DCA ensures you are positioned to take advantage. You never know...

I enjoyed your post summary and the angle with which you presented your candid thoughts, OP.
I too doubt, if I will ever hold or own a whole Bitcoin. It is quite true how most of us would have owned some if we had the early initiative, while it was Still cheap. Right now, even if I can't have the whole Bitcoin, earnings from BTT campaigns has more than compensated for that and with the knowledge I have gained so far here, I can easily invest in other areas, mostly acquiring shares and trades, of which is sure to yield interest over time.

The point is indeed here. When we want to get rich from investing in Bitcoin, this actually can happen. The question is how rich do we want to be, how long will it take us to be rich, and also how much money do we invest so we can become rich? Because the answer to this question will certainly be different for everyone. Bitcoin is one of the more reputable crypto investment choices not because we want to get rich quicker, but because we believe in Bitcoin, in how Bitcoin will be able to reach high numbers again and with this we can take advantage of the bearish and bullish momentum. This is widely used by people to make high profits by taking advantage of these two moments. And Bitcoin is also reliable compared to investing in altcoins, which in my opinion is more risky.

Don't write yourself off, there are many ways to earn Bitcoin these days. Who knows maybe you earn that 1 Bitcoin quicker than you ever imagined and then you set your sights on joining the 1 in a million club and owning 21 Bitcoin.

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.

This is true- I also regret the time I failed to invest and purchase BTC when its price was barely noticeable. But this is the reason on why we invested in the first place- what if the price of 1 BTC today is considerably cheaper than it will be 5-10 years from now? Better invest now and HODL it for long-term. Do not lose hope as in this kind of venture, anything is possible as the sky is the limit in reaching prices.

Just think of this situation, in a few years from now, anything is possible. Just keep on investing even if it is a relatively small amount and focus on long-term HODLing.

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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.

I disagree if you say you will never own a whole Bitcoin, as you mentioned above you've earn through side income and signature campaign,

It's certainly true that most of us have missed the early days of bitcoin when it was still cheap because we ignore that opportunity. But then, as time passes by, we have understood that bitcoin's potential is endless and even if you're saying that you'll never own a single bitcoin but owning around 0.2BTC. You may quite that far from reaching half and its whole, don't doubt yourself. We just need to DCA until we reach that goal of having 1 bitcoin. And through accumulation in any means that you can, you're just enjoying the journey and no pressure at all. Even it might take a year or two or more, just be consistent on it and we're all gonna be there.

Stop thinking about the amount. Be grateful with what you already have. The more you run after something, the further it goes. This kind of thing happens when you compare yourself to others. Stop doing it and focus on what you have. It will become more precious to you, even it's a very low amount.
Everything takes time. If owning 1 BTC is your goal, then take your time, you will reach your goal for sure. The more you want to get close to it, the more you will find yourself away from it. If you can learn to not focus on the results and keep working for it, you can even surpass that goal if you can do it.
Trust the process.

Regardless of the fact that you've missed some opportunities in the past, trust me it's not too late to own 1 BTC one day, but only if you're ready to embark on that journey today. Of course, that would require a little (perhaps a lot) sacrifice and maybe another job on the side and a good investment strategy. Whether it's classic DCA, accumulating fiat and waiting for a big crash or selling your BTC on the way to ATH and then reinvesting in it at several times lower prices.

Let's say that the next ATH will happen sometime in the second half of next year and that the price of 1 BTC will be x5 from today, which would mean somewhere around $150k and that you have around 0.25 BTC to sell, which would bring in around $37k. If you consider that the correction that follows the ATH usually wipes out about 70% or more of the value of BTC, for the money you got selling 0.25 BTC you could buy a whole one or at least close to it.

It's not high math or anything like that, but at least it's something worth thinking about when looking at historical data related to Bitcoin

If you keep stacking sats, OP, you will eventually make it to 1 bitcoin, although I'd try to make it before the end of this year, while the market is still full of undecided people who don't know if it's still a bear market, or the beginning of a bull market. When they all see what's going on the price will double in an instant, pretty much the way it went from 10 to 20k in 2020.

Let's not be too paranoid, especially with small amounts of bitcoin that anybody can see if they check a public address.
For example anybody can check OP's campaign address and see there's a balance of 0.169 BTC. This isn't something we have to protect like some secret knowledge.

Do not reveal your personal holdings in public. This advice does not only apply to those with multiple bitcoins in their wallet, but should be a practice for any bitcoiner. Build that habit of safe browsing while on the internet.