Out of Reach - page 4. | Bitcointalksearch.org

jacafbiz

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Quote from: aoluain on December 27, 2020, 07:01:25 PM

My understanding was that the target for the minimum amount of Bitcoin which most
people wanted to own was/is 1BTC in our current bull market that target becomes
more out of reach for the people who most need it.

As an investment Bitcoin is a very friendly asset for the nit so wealthy classes. There
is no minimum purchase amount and each and every one of us gets to hold our investment
if we want.

We all like to see Bitcoin rise in value and increase in adoption but its pushing it away from
the people who need it and into the people who control large portions of wealth.

A bit of a conundrum...

Very surprised you make this post, you are a Senior member and I believe your understand of Bitcoin should be better, you don't need to hold one Bitcoin to make money, if you can afford 0.1BTC buys it and when the price move up, your investment move up. It is not a game of number, we are getting to a stage that it will be difficult to have someone said he/she wants to sell 1BTC because the price will be more than $100k very soon

iamsheikhadil

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Well, it's not unexpected though, is it? Why was the minimum we wanted to hold is 1BTC ?! Because obviously we all wanted Bitcoin to rise! And it is doing the exact same thing as predicted, it's rising and is going beyond expectations even! People who purchased it at the correct time and holding are having their fun and golden time now Wink

but I think it's never too late, Bitcoin will go beyond our expectations even more! So we should get it as much even if it's not 1BTC!

CryptopreneurBrainboss

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Quote from: Questat on January 08, 2021, 05:12:08 AM

I will just wait until the price will start to dump, then I will start to accumulate,

That was the same mentality most users had when become was below $5000, they wanted to wait for more dump below $1000 or whatever their targets were before they start buying which didn't happen. The issue is no matter what price bitcoin is trading at, people will still be skeptical and wait for further drops before they start buying which might never happen.

Irrespective of what the price of bitcoin is you can accumulate 1 bitcoin if you're determine in owning it. It might take you more time than previous years when bitcoin was low but you'll definitely get 1 bitcoin at the end. Just keep accumulating as many satoshi you can and protect your savings by making use of recommended wallet that gives you control over your private keys.

You can learning trading as well as that's another way to accumulate satoshi through outsmarting the market. One bitcoin is never out of reach, and the sooner you get your hands on one, the better as with time the period for the average joe to be able to afford one will increase.

Gozie51

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Quote from: lovesmayfamilis on December 29, 2020, 05:38:08 AM

What kind of people do you call needing bitcoin? Everyone who wanted to buy it did so long ago. I think that everyone who believes in him, in his growth, today receive their awards. And the longer those people who want to buy it and still don’t buy it, the more regrets they will have in the future.

And in years in future, the current price will be seen also as cheap price to buy because it will be risen high soon and more people who have delayed to buy will start to regret Grin

It is always said that the best time to buy bitcoin is when you are ready and made your mind to buy. The price will keep fluctuating and more high and low will be reached.

error08

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The opportunity to accumulate BTC1 is increasingly difficult, although not impossible if you have the patience to buy bitcoin by easy stages throughout the years.
The strategy remains the same, buy the dip and sell at the peak if you believe history may repeat itself, that bitcoin could reach $100k and the time will come when bitcoin plummet after reach the peak. Even someone who sold at $40k yesterday can save $10k to get bitcoin at a lower price if he manages to buy the dip at $30k.

Silberman

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Quote from: Mauser on January 06, 2021, 02:05:20 PM

Quote from: aoluain on December 27, 2020, 07:01:25 PM

My understanding was that the target for the minimum amount of Bitcoin which most
people wanted to own was/is 1BTC in our current bull market that target becomes
more out of reach for the people who most need it.

I can second that. My goal is still to have 1 BTC but now with BTC being at 35,000 USD it's getting more and more away. Also when you lose money in gambling it's hurtig your crypto portfolio a lot. Actually I wanted to switch some of my alt coins into Bitcoins, but at these levels right now it's just not possible.

Nothing wrong with gambling if that is what you like to do, but if you can try to gamble your fiat and not your coins, fiat losses value over time while bitcoin gains it, it is not rare to find in the forum people that regret all the money they lost while they were gambling and I have heard stories of people that could actually be rich right now if they just kept their coins instead of gambling them away, so while it is a slow process keep accumulating satoshis since that is the only way to eventually get a full bitcoin.

bosede1

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There is no rule or law guiding the avoidance of a set of people to hold the coin for how much and the worth. You go for the coin you want to get and is not out of reach of anybody to get as far as you have the money and the mind of investment.

Shasha80

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Activity: 1876

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It is true that now being able to collect 1 Bitcoin is very difficult to reach, even I have tried to collect Bitcoin every month. But it has been 3 years
that 1 Bitcoin has not collected, because for the past three years the price of Bitcoin has continued to rise. So collecting 1 Bitcoin is out of reach.
But this situation did not make me give up on being able to have 1 BTC, I don't stop collecting Bitcoin from various sources. Because I believe
my target will be achieved one day, most importantly try hard as much as possible.

darewaller

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Quote from: Questat on January 08, 2021, 05:12:08 AM

1 bitcoin seems a big target if we based on the current price, of course it's not easy to achieve 1 btc unless you have a capital ready to buy bitcoin. For me, I will just wait until the price will start to dump, then I will start to accumulate, I may not be able to do it one time but I'm certain with constant accumulation at the right timing, I could make it happen.

Yeah, I have the same attitude because just dreaming about having 1 bitcoin will never help you achieve it, so put the head down and start working. I take my inspiration from Elon Musk as he is the richest man in the world now but still he works hard every day without thinking about his wealth. I am trying to do the same on my own level and I earn daily, save daily and dream big.

But mark my words if a dip happens by any chance anytime soon, I will buy some good amount and I believe everyone who has been waiting will do the same because the price attains its original value sooner or later so a dip is the best time to buy.

RealMalatesta

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The best part what I also feel is that people can even buy for 1$ or for 1000$ as there is no minimum value amount that needs to be purchased. So, it is meant for everyone and as per your buying capacity and risk you should invest and purchase. More ever you should always be ready to buy monthly sort or have amount ready so that whenever there is a correction if it happens at this point of time you can purchase it and can hold for future price increase.

I feel like the best and most obvious situation is that if you buy according to your own wealth, you will get as much profit of it as others. So, what is the difference between very rich people and poor people? Poor people had no say in the stock world, the very rich made money when it was going up or down didn't matter to them, if stocks went super high they got rich, when stocks crashed they got bail money and got rich anyway, so at the end of the day they were always rich, whereas poor people missed out and never got bailed out.

In this situation when we are talking about crypto, if it goes up 10% it goes up 10% for everyone, if it goes down 10% it goes down 10% for everyone. Which is why the poor and the wealthy are alike in the crypto which is the greatest thing about crypto. I personally really like it because of this and that is why I invest to it.

Questat

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1 bitcoin seems a big target if we based on the current price, of course it's not easy to achieve 1 btc unless you have a capital ready to buy bitcoin. For me, I will just wait until the price will start to dump, then I will start to accumulate, I may not be able to do it one time but I'm certain with constant accumulation at the right timing, I could make it happen.

jrrsparkles

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When you said that there is no minimum value to buy bitcoin then how can we say it is actually becoming an investment only for rich people.Even though bitcoin was not created to make the poor people rich still there is no intervention for people to buy it with whatever the money they have.

More the price then more the profits will be for someone who entered into the early days so someone want to get such advantage then they also should become ready to hold for very longer.

Alucard1

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Activity: 574

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1BTC or more are the target of many people, many people are striving for that thing and as usual, it is not that easy to accomplish which requires you a lot of things to do first before gaining that money. Even though a normal person who doesn't know anything about the crypto world and then heard something about the value of bitcoin would be interested in it.

Investment is good for earning money, buying 1 BTC and hodling it for the long term is such a great idea, just make sure you know things about cryptocurrency and you are using a legit wallet.

GeorgeJohn

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Everyone is interested to get at least 1or 2 btc irrespective the price or it increments I believe who ever that have money can equally afford it, I know that it will deprived low class of people who are not financial buoyant enough to purchase the list, one bitcoin since the price is getting accelerated everyday as compared before, such as 2020 march last year bitcoin was extremely low and it was affordable to everyone, but what i vividly know is that irrespective the price at list who ever that have intention of 1btc can equally buy half btc, so called i it revolution in bitcoin marketcap.

Smartprofit

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Quote from: aoluain on December 27, 2020, 07:01:25 PM

My understanding was that the target for the minimum amount of Bitcoin which most
people wanted to own was/is 1BTC in our current bull market that target becomes
more out of reach for the people who most need it.

As an investment Bitcoin is a very friendly asset for the nit so wealthy classes. There
is no minimum purchase amount and each and every one of us gets to hold our investment
if we want.

We all like to see Bitcoin rise in value and increase in adoption but its pushing it away from
the people who need it and into the people who control large portions of wealth.

A bit of a conundrum...

Do ordinary people need Bitcoin? This is a difficult question.

Bitcoin is not an anonymous or private cryptocurrency. Ordinary people usually do not have the technical skills to use bitcoins anonymously. What then is bitcoin better than a standard payment system?

Or are we talking about trading speculation? Bought cheap, sold dear? However, the source of wealth must be labor. It is the creation of something new that should bring wealth.

Bitcoin can be a great global reserve currency. In this capacity, he will benefit all people. There will be more order and less chaos in global finance.

Karartma1

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Activity: 2310

Merit: 1422

1 BTC is only a number. If you have been lucky enough to reach that glorious threshold, then good for you! If you don't, avoid getting haunted by the fact that having a full coin today is rather out of reach for the majority of people! Keep stacking sats, if you can, and always have the long-term in mind.

Gozie51

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Quote from: Mauser on January 06, 2021, 02:05:20 PM

I can second that. My goal is still to have 1 BTC but now with BTC being at 35,000 USD it's getting more and more away. Also when you lose money in gambling it's hurtig your crypto portfolio a lot. Actually I wanted to switch some of my alt coins into Bitcoins, but at these levels right now it's just not possible.

You can keep making effort to own the bitcoin of your dream. I was really thinking how possible that is to own bitcoin if you don't buy it until I saw you talked on gambling. Yes with gambling, you can grow to have a bitcoin. We don't need to allow obstacles on our road to stop our aim. Despite we lose money while gambling, we can still succeed in it if we are determine and learn how to gamble. No success story that is sweet all through in the start to ending of it, so you can keep trying on it.

Mauser

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Quote from: aoluain on December 27, 2020, 07:01:25 PM

My understanding was that the target for the minimum amount of Bitcoin which most
people wanted to own was/is 1BTC in our current bull market that target becomes
more out of reach for the people who most need it.

I can second that. My goal is still to have 1 BTC but now with BTC being at 35,000 USD it's getting more and more away. Also when you lose money in gambling it's hurtig your crypto portfolio a lot. Actually I wanted to switch some of my alt coins into Bitcoins, but at these levels right now it's just not possible.

imstillthebest

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its out of reach when the value is expensive but if you have the money and you want a fast way to own a 1 btc the best thing that you can do is to wait for the fall of the value

but we must know if what is our purpose of owning a 1 btc because its useless that you will sell your 1 btc weeks or months later after you finally collect it .

it take you a long time and it takes hard work and patience . we need to value every goals that we achieved

Silberman

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Quote from: coolcoinz on January 03, 2021, 12:05:16 PM

I know how some of you might feel about the price, but many years ago people predicted that if Bitcoin ever succeeds it will be impossible for most people to even own 0.5 bitcoin.
We will never have 21 million bitcoins in circulation (unless we fork to make it so) as at least 2 million is already lost and more will be lost over time. How many will we have in 10 years? 16 million real usable coins? IMO we should accept the reality that 1 mbtc is a lot and by holding it you are in fact holding bitcoin. Don't make a mistake of thinking that without a full bitcoin you are not a bitcoiner, a holder, or that you will never make a profit.

Correct, in fact this was known from the very beginning, when satoshi exposed his idea some of the early adopters basically told him that each coin will have to be worth tens of millions for bitcoin to work and while we are far away from that goal it seems that slowly but surely we are reaching that scenario, so people need to understand that if in the future bitcoin was really adopted by every single person around the world the average amount each person will be holding is 3mBTC so as long as you are holding some bitcoin that could be enough to improve your life significantly.

Topic: Out of Reach - page 4. (Read 1269 times)