Topic: One Bitcoin - page 4. (Read 855 times)

I like how you utter this. This is full of certainty and I also believe that you have considered much about this, without any doubt. This kind of certainty is reasonable enough, you exactly understand why you feel so certain of this current decision on Bitcoin, the long-term investment. Many people are not failed in holding Bitcoin, getting high profits after holding for many years. I do really appreciate this.

This may be one of the risks that we should take when we have decided on this long-term investment. As long as we are aware of taking this decision, as long as we are ready with the risk and also with all probabilities in the future, it is okay. Plus, I think itis better to take this decision than taking shit altcoins which  are proising much money of profits but value zero.

As time has passed and the price of bitcoin has increased the goals that people had regarding how much bitcoin they wanted to hold have changed dramatically, at some point people were aiming for 21 bitcoins, then this was reduced to 10, now it has been reduced to one and most likely during the next bull run we will see people will be happy by just holding a fraction of a bitcoin, so it should be obvious that we need to get as much bitcoin as soon as we can, because whatever bitcoin we fail to buy now is probably bitcoin that we will never be able to get at that price again.

Acquiring 1 BTC sounds extreme. Congrats, keep learning.

Fate favored you. You're in the best place now. You can talk with other people who have “got it” too, who're constantly contributing by constructively dialoguing. If you ever have questions or you want to ensure you've understood things properly, you may create new threads and start digging it even more.

Welcome to bitcointalk!

Having 1 BTC is certainly an impressive milestone, so congratulations on your achievement. Now, on to 2 BTC!  

It would be great if I could get my hands on one whole bitcoin in the near future. Unfortunately, I am still lacking "a few satoshis" to achieve that goal. However, as you pointed out, it is crucial that we start the journey and stay persistent in the pursuit of that goal. As the bitcoin community grows, I believe the percentage of the population that is able to access bitcoin and use it as an everyday currency is going to continue to increase and the value of bitcoin will continue to rise. In other words, I think it is still possible to accumulate significant amounts before prices skyrocket.

I am a strong supporter of Glacier Protocol (accessible here https://glacierprotocol.org/ )
If you follow all suggestions made by this protocol you can have one of the strongest cold wallet literally "state of the art".
It's not easy to follow all steps, and you need to be very detailed, but this is an essential guidance for the safest wallet.
I have also some hardware but I am an huge fan of that way of storing bitcoin, I feel much more "this is my private key" than other way.

The 1st thing that comes to mind for newcomers is Ledger, which proves that the marketing department of this company works perfectly. But the range of wallets on the market is much wider. There are plenty to choose from - [BIG LIST] Hardware wallets (80+).

If you are leaning towards Ledger, then check out the discussion in this thread  Why I wouldn't buy Ledger Nano S ever again? Especially, this post .

With the closest competitor Trezor, not everything is so good either: Trezor hacked (again) and Trezor AOPP Integration.

Of course, you have a lot to think about when choosing a storage location, but I think you're on the right way. Mt.Gox and dozens of other exchangeres serve as a perfect reminder of this.

P.S. You have succeeded in something that very many people on the planet will not be able to, given that there are not enough bitcoins for everyone because of their number of 21.000.000 only. This is if you do not take into account the lost and those that will be lost forever.

I also think that even though mainstream or some people are barely new into the cryptocurrencies scene by some tokens or other cryptocurrency than Bitcoin, at the very least they got exposure into Bitcoin. The problem is they might seeing a new opportunity on altcoins while they neglecting of what Bitcoin can do without digging deep into what actually it is. It is soothing to hear about your journey, what I could remark is some quotes: "Insanity Is Doing the Same Thing Over and Over Again and Expecting Different Results". And yet you are here going on into the journey

Well, I can honestly say that there is no need to feel bad or embarrased about your dogecoin exploits. We have all made mistakes and some of us have had to pay a hefty price for the valuable lesson that you have learned today.

Bitcoin, in the end, provides us the best lessons. Let this be your steady path towards riches, from now on!

If you ever need advice, feel free to post away on the forum as much as you want! Posting does help you get rid of bad thoughts and strengthens your hodling game.

Chill out, there are plenty of people here who potentially have quite a few Bitcoins and it's not that hard to make a few guesses on who these people might be. Nothing is going to happen, it's not like OP posted any sensitive information that could potentially lead to having his money stolen.

P.S I didn't congratulate you on my previous post, it's certainly an massive achievement for the average person. I'm also hoping that one day, I'll be able to accumulate a whole Bitcoin, most I ever had was approximately 0.60 BTC.

Do you have any point that this bitcoin and money of yours? And you're saying in a forum where people are anonymous that you have more than 30,000 $ , you want the people to steal from you? do you trust this kind of sensitive information for people unknown to an internet forum? be careful with things you make up of the internet, remember that you can steal

Don't worry and don't hesitate. That what you hold now is something that will continue to be valuable from year to year. 1 Bitcoin will make your life feel more meaningful to continue to know how much benefit you will get beyond what you had in mind. I congratulate and thank you for entrusting your finances in Bitcoin in the long term. Buy then forget trading forget daily and monthly increases. Ignore the temporary decline because it will not eliminate 1 Bitcoin in your wallet.

Thank you all for the kind words and encouragement. If I could, I’d respond to each and every one of you. I will say, to all of those who hope to acquire one Bitcoin, to just start. Whether it’s $50, $500, or $5000.. Just start your journey. As you start to see your progress (i.e. .10 BTC, .37 BTC, .67 BTC, etc.) your motivation truly kicks in.

Sell some junk you have laying around on eBay. Put $20 per paycheck into Bitcoin. Move $1000 from your savings into Bitcoin. Get started, and enjoy the ride.

It’s funny.. Despite no longer putting too much time and effort into altcoins, I feel they play an important role of sorts, and I’m thankful for their existence. In a sense, I see them as somewhat positive network effects to Bitcoin. At the very least, a curious investor will open up an account on Gemini or Coinbase and even if they avoid Bitcoin due to the price, they have the option for exposure. When they open their app, they’ll see “BTC”, and perhaps after 10, 100, or 1000 times, they’ll decide that there’s something special about Bitcoin, and decide to do some more research.

This somewhat describes my journey. I had the sense that something was there, but kept trying to convince myself that a certain altcoin or two were better investments. I couldn’t fathom allocating so much money to one asset. However, knowledge is power, and after reading Satoshi’s white paper, and testimony from experts, I “got it”.

As I learn more, I’d love to become more involved in Bitcoin, the community, and it’s future. Despite having only very basic technological skill, I’m determined to contribute in one way or another. Thank you.

That's great to hear. With only 21 million Bitcoin all in all, you having 1 full Bitcoin means you are one of the few.

And I also agree with you regarding investing. Of course, I am not saying Bitcoin is not a great currency to spend, but since we are all sharing the same goal of trying to have as much Bitcoin as possible, it is best to accumulate it in smaller amounts rather than attempt to trade and play with it for short term profit. The latter has so much risks.

Congratulations for achieving one thing from your bucket list. If you have the capability, then you certainly should chase after what you want no amount of money in this world can compete with the price of satisfaction and fulfilment. I admire your courage and am wishing for more achievements that you long for.

- a ledger is good. Just make sure that the source or the shop you're buying it from is reputable and safe.

You're not alone in this journey bro, we have many users like you and they have their own way to save bitcoins and hold them until it reaches their preferred price. Your story is common but the difference is you shared your first step with us and you are pretty confident with that. I hope you will be successful with that 1 BTC and may you persevere and have patience when a bearish market takes place this year. Don't worry about the people who rush to sell their bitcoins in panic, they only give some opportunities to the real investors.

1 BTC is indeed an impressive feat. Many will celebrate after accumulating 0.1 which I almost did myself but decided to realize some profits.

Congrats, and continue hodling!

Congratulations. You mastered the crypto world, part 1.




I own ... BTC = I mean ...

1.00 BTC = There are 21 million people on earth
0.10 BTC = There are 210 million people on earth
0.01 BTC = There are 2.1 billion people on earth

Your initial concept is basically just wanting to get rich instantly and it's not wrong, but I think it's something that's not quite right because in this case we can't expect something instant to get rich.
I think the 1 bitcoin you have right now is a pretty good thing but when you see the current situation than you are confused about what to do I feel it would be better if you hold it and keep it for a long time because this will be much better than you have to bother thinking about market prices and some alt especially meme coin

We have the same sentiment. A few years back, I have lots of alts and focused on owning them and flipping them for a profit. It did me good for a little while until I realized I was exerting lots of effort in exchange for a few dollars of profit. 2018 is when I started to invest heavily on bitcoin and make it my priority. Since then, I'm mostly buying bitcoin and just buying alts if I think it's somewhat a logical move, but I never actively trade them.

If you have full faith and with long term goals, I am sure you will become a millionaire in the future.
And I remind you not to have ambitions to get rich overnight because that is not the goal of bitcoin because there is a long process and very strong patience to achieve that goal, forget about that goal and plan to invest long term. and you will enjoy satisfactory profits in the future.
Volatility and fluctuation will always occur and will pass through which eventually the bitcoin price will rise again and will exceed the new ATH, all the suggestions here are the best for you and as long as you are a strong holder, I believe your goal will be achieved.