Topic: I will never own a whole Bitcoin and that's okay - page 5. (Read 820 times)

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.

Now that the next BTC halving is less than a year away, i believe many people would wrongly become concerned about the amount of BTC's they have in their wallet, they'll try to sell some of their properties or borrow money to increase what they have in their wallet, many other people who do not have anything at all in their wallet and do not know too much about BTC would also want to buy some for themselves, because everyone thinks that after the halving they will immediately become so rich.

People should cut down on their investment and only invest money they feel they can lose, neither is borrowing or collecting loans a good way to buy BTC, for people that have the knowledge they would know that dca is the best way to buy BTC, and they will start doing it early, waiting for a few months before the halving to invest most of your savings is a bad choice.

As an older user than me, you should know more about how you can grow your portfolio in the long term. You can also save signature campaign revenue as part of a long-term bitcoin accumulation plan, which I believe many other campaign participants are doing as well.

If you have good source of income from your real job and you can afford to save, then you can also do additional accumulation to make your portfolio even better. Diversify if you want, or you can do it with just bitcoin.

I actually don't worry anymore, I'll accumulate as much as possible and whatever happens. I'm generally satisfied with my small but meaningful portfolio that I've developed throughout these years, despite not taking advantage of many opportunities that I came across. I don't own 0.20 BTC yet, but I'm hoping that I will soon enough.

As you try to invest and get bitcoins, you still have to try to enjoy your life and not go to extreme measures to get bitcoins. We should be happy with whatever amount of bitcoins that you can get and keep and not focus on the portfolio of others that you hear are bigger than yours, so you do not do the extreme to get bitcoins or even die in the process of trying to sacrifice some things just so you can get bitcoins.

Acquiring bitcoin is good, but you should have a life while trying to gather bitcoins.

because everyone thinks that after the halving they will immediately become so rich.

People should cut down on their investment and only invest money they feel they can lose, neither is borrowing or collecting loans a good way to buy BTC, for people that have the knowledge they would know that dca is the best way to buy BTC, and they will start doing it early, waiting for a few months before the halving to invest most of your savings is a bad choice.

As a newbie, then, if you had just stuck around a bit, I believe you would not have missed out on at least buying Bitcoin at a very affordable price of just about $800–$320 for 1 bitcoin. but again, you probably would have sold when the price was bullish in 2018.

Some people had the money to invest in Bitcoin in the early days, but they were not informed; they lacked the knowledge of Bitcoin then, and their regrets today are that they would have made a lot of profit if they had bought them and held them until now. Despite the fact that the Bitcoin price today is so high, like you explained to the minimum wage in your country, if you still believe in the vision of accumulating 1 Bitcoin, you will definitely archive it one day, even if it takes you 4 or 5 years to do so. Just gradually buy and hold. Also, the DCA strategy has helped some people accumulate a significant fraction of Bitcoin.

It's true, money isn't everything, but everything needs money even in larger amounts when inflation continues to rise.
Many people failed to take advantage of the opportunities in the market when the bitcoin price was very low in the past. Inexperience, lack of optimism, and price uncertainty have kept people from buying them a lot. But that's not a problem because it's better to have 0.xx than nothing.

Mate, don't worry about how many bitcoin you have right now, but worry about when you have nothing to invest. Even if you missed the best times to buy bitcoin at cheap price, you don't have to regret it now. The real regret is if you have nothing now because you have known bitcoin since almost 10 years, but you are still lucky to own 20% of 1 bitcoin.

If you are consistent to invest, then I'm sure sooner or later you will get it, even if you have decent income, then try to accumulate during this correction. It's an opportunity to buy more bitcoin before the halving, and hold them until a new ATH.

I am a bit surprised to see you able to collect your week's payment almost 0.2 BTC, I want to learn a lot from you how to collect it and how not to spend it.

I can see your sincerity; posts like this are much more soulful than posts by some newbies screaming that they are building a business thanks to the forum and Bitcoin. There are many people among us who could, but did not, become investors in the early years of Bitcoin. When I tell my loved ones that I had offers to pay for my work in bitcoins a few years ago and that I regret that I did not accept this offer but preferred other payment options, they reassure me. We cannot foresee our future; we must accept and enjoy what we have.
In the same way, for you, OP, there may come a moment when you can suddenly get a nice amount. The main thing is to soberly assess your capabilities, but also not to go crazy, recklessly investing all the money, because no one knows the future.

Just do the best you can and don't bother yourself too much with the amounts. You will never have one full bitcoin, so what? Do you know how many millionaires and billionaires there are in this world? Many of them will never own 1 BTC either because they are scarce and only 21 million units will exist.

Use any amount you have to make your life better and easier. Don't compare yourself to anyone else. Regardless if it's to a person with 100 BTC, or one with 0.001 BTC. It can all turn around in the blink of an eye.  

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.

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.