Topic: In your mind what is a "good" amount of Bitcoin for a newb to hold and be proud? - page 3. (Read 3523 times)
December 22, 2013, 08:41:37 PM
Owning 1 bitcoin is a great achivement at this point. Soon it will be unreachable for most people.
December 22, 2013, 08:40:00 PM
1
December 22, 2013, 08:38:53 PM
Instead of talking absolute numbers, you should talk about the percentage Bitcoin makes up in your investments.
People of different ages and walks of life will value 5 BTC vastly different.
People of different ages and walks of life will value 5 BTC vastly different.
I guarantee you this guy doesn't have a portfolio...
December 22, 2013, 08:37:37 PM
Instead of talking absolute numbers, you should talk about the percentage Bitcoin makes up in your investments.
People of different ages and walks of life will value 5 BTC vastly different.
People of different ages and walks of life will value 5 BTC vastly different.
December 22, 2013, 08:10:03 PM
At least 20
That would be over $12k at current prices! Definitely something to be proud of but probably out of reach for a newb (which I am, too). I'd stick with your 5, which is awesome, then try diversifying into some other coins which are much cheaper and have the potential to grow faster than btc...
Which ones are you looking at? I have a feeling at least a few more alt coins are gonna explode like bitcoin as bitcoin keeps growing.
I'm new to cryptocurrencies, but right now, I like anoncoin (because it'll be even more anonymous than bitcoin), fastcoin (because it's got the fastest transaction times) and bitbar and unobtanium (due to scarcity). I am doing a series of blog posts where I try to rate every cryptocoin in existence (http://crypt.la/crypto-currency-database/), though, so as I get going with that, I'm sure I'll discover some other gems!
What are you looking at?
December 22, 2013, 07:09:54 PM
At least 20
That would be over $12k at current prices! Definitely something to be proud of but probably out of reach for a newb (which I am, too). I'd stick with your 5, which is awesome, then try diversifying into some other coins which are much cheaper and have the potential to grow faster than btc...
Which ones are you looking at? I have a feeling at least a few more alt coins are gonna explode like bitcoin as bitcoin keeps growing.
December 22, 2013, 07:06:42 PM
If the newbie only has $100 in fiat, 0.1 BTC is a very big investment but a very rich newbie ($1 000 000+) might say 10 BTC isn't very much.
December 22, 2013, 06:59:01 PM
There is no right or wrong answer. Anyone who asks how much they should be holding clearly does not have the mental fortitude that's necessary as an investor in a volatile commodity such as bitcoin and is likely to get burned in the long run. Bottom line, if you're committed to this, go ahead and invest, but not anymore than you're willing to lose...
December 22, 2013, 06:18:04 PM
At least 20
That would be over $12k at current prices! Definitely something to be proud of but probably out of reach for a newb (which I am, too). I'd stick with your 5, which is awesome, then try diversifying into some other coins which are much cheaper and have the potential to grow faster than btc...
December 22, 2013, 05:50:05 PM
At least 20
December 22, 2013, 05:39:39 PM
I know it's a completely arbitrary question, but what number pops into your head?
I'm a newb and have just gotten up to 5 BTC and I'm proud to hit that number.
I'm a newb and have just gotten up to 5 BTC and I'm proud to hit that number.
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