Pages:
Author

Topic: I will never own a whole Bitcoin and that's okay - page 6. (Read 820 times)

hero member
Activity: 1064
Merit: 843
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, that's possible even though you're need to fulfill your daily life. I think you've use your money to buy unnecessary thing and quite expensive, so that's make you can't save as much as possible. But if you're currently become a sandwich generation, I wouldn't argue anymore because it definitely will make you to spend more money.

After all I like your honesty, not like the other brand new account claiming if Bitcoin saved their life from nothing to own 5 houses, 10 super cars and 5 pretty girls.
legendary
Activity: 1358
Merit: 1565
The first decentralized crypto betting platform
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.

Hey my man, I think you have made a reasonable assessment of your financial situation and your life in general, and I agree with that. You have accumulated bitcoin to the best of your ability. This is not about getting rich overnight as if you won the lottery, it's about accumulating bitcoin as you are doing will give you peace of mind and financial security. Now just imagine yourself in a couple of years with the price of bitcoin at €150,000 and you having accumulated a little more, say 0.3 bitcoin. It doesn't give you enough to retire, but it gives you security.

Keep at it.
hero member
Activity: 868
Merit: 737
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.
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 admit, I enough difficulty to save my week's payment and always spend it to meet my needs, i tried many ways like storing private keys in hard-to-reach places, but still I have to spend it. So that situation, until I read your thread I feel that the world is finished. I really regret was spend it all to meet my needs, maybe I have to focus to manage my btc salary, like spending it in half and keeping it as saving for the future as you did.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
It is fine, but it should be one of the goals that you must still have even if it looks and feels like it'll be hard to get that 1 bitcoin. That used to be one of my goals until I attained it. Not having 1 whole bitcoin doesn't make you any less of a bitcoiner. You have the knowledge and the experience in this facet of the economy, and I think that is also something that you can be proud of that not anyone can really have.

You will eventually get that 1 bitcoin when you have more money, but you can't really go back in time to know bitcoin that early on anymore.
hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
I agree with what you say, it is absolutely not important or should not be necessary to own a full digit bitcoin. 
It is not mandatory to own one bitcoin. But if you've been living on this space or have been part of it for a long time, you'll understand why people are aiming to have one.

For many it can probably become a psychological wall to break down to see a figure with so many zeros but in reality it is an excellent exercise to become familiar with the satoshi
It's not that bad to be content with what you've got but it's not that an ambitious thing to think of having more in your own methods that are approved to most.
hero member
Activity: 1554
Merit: 880
pxzone.online
That's okay, everyone of us have each goal, sure money or getting rich is not the greatest goal of everyone. But you cannot get that greatest goal without spending a dime or being unfortunately poor, unless its not a money related goals which are rare nowadays.

And yea, you dont need to have a whole bitcoin since its value is increasing and increasing, well unless it drop to again to 2-3k but it means that most are in us loss too.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
We are not required to do so. Owning an amount should be with initiative. Profit potential is there indeed but always be mindful of the risk. The bigger the amount, the larger the risk. And as cliché as it may sound, invest only an amount you can afford losing. Some people might just be confused; owning one bitcoin is the same as owning half of it. It just depends on your financial capabilities and risk tolerance. Any amount could result to profit. Just continue with what you are doing, instead you should be thankful of yourself because you are making a move for a better future-, engagement with investments and assets, which is in the first place already a good trait. Being open to investment is not all people could do, therefore you are in the right path.
hero member
Activity: 2968
Merit: 687
Just continue on what you are doing and if you do want to hold for long term then go ahead.Dont rush up yourself on owning 1 Bitcoin because we should accept the fact or reality that this doesnt always
happen because of real life conditions or scenarion and lets just accept that fact and be contented on what you are doing.We dont need to rush up and as long we do see progress on what
we are targeting then we are just on the right track. Missed opportunities and chances is common because we arent all knowing person which we are really that able to miss
up something.Important thing is that you arent really that getting left behind and at least on having that savings up for long term.
hero member
Activity: 1778
Merit: 709
[Nope]No hype delivers more than hope
-snip-
and I'm totally okay with the idea of never owning a single Bitcoin; it's not the end of the world.

I think with any value even just having 1 satoshi one should be proud because it shows one has the will to accumulate it someday.

Bitcoin is not a new parameter to measure one's wealth, instead there are many rich people trapped out there with a centralized system. This is the pathway for anyone to a certain level of financial freedom.
legendary
Activity: 1064
Merit: 1228
Playgram - The Telegram Casino
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.
sr. member
Activity: 784
Merit: 306
Hire Bitcointalk Camp. Manager @ r7promotions.com
It's understandable that many of us missed out on buying bitcoin when it was cheaper than it is now. I joined the community after learning about bitcoin and with the excellent information I obtained from this forum, I will not be sorry for the decision I make on how to acquire and store bitcoin for future investments and use.

I've decided to only invest what I can afford to lose, which is fine with me because that is one of my driving tools. I'm not troubled or disturbed by accumulating more when my income cannot support it. We all want good profits in the long run, but what is meant for you will not pass you by if you work towards achieving it.
hero member
Activity: 3010
Merit: 666
Earning 1BTC is not far from happening with you but it takes several years to fill it especially, if we are just reliant on signature campaigns. However, it doesn't really matter if we could reach it or not, the most important is that we already save some fractions of Bitcoin which is even better than those who have nothing and missed the opportunity.

But I would suggest you OP find a way to help grow your earned BTC. Because for now, it is not how much we save or hold but it is how much we grow our finances as inflation keeps on increasing.
hero member
Activity: 504
Merit: 625
Pizza Maker 2023 | Bitcoinbeer.events
I agree with what you say, it is absolutely not important or should not be necessary to own a full digit bitcoin.  For many it can probably become a psychological wall to break down to see a figure with so many zeros but in reality it is an excellent exercise to become familiar with the satoshi
member
Activity: 532
Merit: 13
We may have people who invested early and held on to Bitcoin without rashly selling, therefore, having 1 to any amount in their possession. The most important thing to learn here is that there is no amount of Bitcoin you have that you shouldn't be proud of because of the dedication you put into it.
hero member
Activity: 868
Merit: 952
It is always a regret when one missed out at something that actually gained profits but don’t appreciate the fact that we might have also avoided some lose. Almost everyone coming into bitcoin post 2018 will actually find it hard to accumulate a bitcoin except someone reach or someone obsessed with having a bitcoin. But it’s not entirely bad to have satoshis. More so I don’t feel we are late already into bitcoin when we forecast at what could possibly happen in the future. Imagine having bitcoin at 500k while you invested at the 25k mark. That’s somewhat a high price. So bitcoin isn’t all about having it full but how long you can hold on to the fractions you have
hero member
Activity: 1386
Merit: 731
Leading Crypto Sports Betting & Casino Platform
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.
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.

But now many people are starting to change their mindset about the potential of bitcoin, some even really want to sell their house, car or jewelry to invest in bitcoin. This is a testament to how mindsets have changed about bitcoin as the bitcoin economy has strengthened.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
snip

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.
The number of people which were able to get monster profits out of bitcoin are very limited, most of us will have to make do with way less than that, but it does not matter as even a small investment can help you to make your life way easier, for example if right now you only hold 20% of the amount needed to buy a house and that money was invested on bitcoin, then I think it is very possible bitcoin could grow 400% and allow you to buy that house without getting a mortgage, saving you a lot of money and stress over the long run.
hero member
Activity: 1666
Merit: 709
Playbet.io - Crypto Casino and Sportsbook
News flash, Bitcoin wasn’t created for anyone to make millions out of it for free, if as a crypto-currency enthusiast I don’t get rich from it I would not necessarily blame Bitcoin for that.

Many people has made great fortune from bitcoin already so that’s solidify the fact that Bitcoin is a good investment so if one can automatically buy one bitcoin they can atleast make use of their services into earning in bitcoin.
hero member
Activity: 770
Merit: 538
Leading Crypto Sports Betting & Casino Platform
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.
legendary
Activity: 3010
Merit: 1280
Get $2100 deposit bonuses & 60 FS

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.

It is too early to tell, Bitcoin Industry is still in its early phase, we still have long road ahead so I do not think that people who are not rich today don't have the chance to get rich later.  As long as we keep our dedication on fire, work smartly and hard, do preparations and smart planning, have financial knowledge, had the skill to work with different people, and put in more effort and time, I believe in due time, we can achieve the status we are dreaming of.  Just don't lose hope and enthusiasm, strive for the better, and step by step I believe we can hit the mark and accumulate the whole BTC we dream of.  Cheesy
Pages:
Jump to: