I totally agree with the topic of this discourse. All things being equal, by 2035, it is even difficult to predict the value bitcoin will be by then. Even for just owning 0.5btc you will be a millionaire.
Bitcoin is so volatile that i can rise up high by the value of that we don't expect or even much higher. Knowing that big companies and rich people adopts and respects bitcoin as an investment is a great advertisement and can give massive traffic to our social media platform in our present time. 
Topic: Owning One BTC In 2035 Will Make You A Millionaire - page 3. (Read 764 times)
I still think there is time to borrow FIAT to buy Bitcoin, especially in this bull run.
with Bitcoin pretty likely to hit 100k this year, double your FIAT and pay back your loan
if you are feeling safe.
This is pretty much what I have done but I borrowed last year.
with Bitcoin pretty likely to hit 100k this year, double your FIAT and pay back your loan
if you are feeling safe.
This is pretty much what I have done but I borrowed last year.
Yeah, but importantly, that's what you think. You don't know, I don't know, no one can know.
I'm stacking as much as I can, I always have though, regardless of market conditions. But I'd never extend beyond my means, certainly wouldn't advise anyone else to do the same.
"Pretty likely to hit 100k this year" is a sentiment I might share, but I've no inkling of how close to actual reality this will ever get.
Hugely irresponsible of you to ask people to borrow money now to load up on Bitcoin. So many failure stories from people who borrow and end up in debt, losing everything.
Now if you CAN borrow within your means, and can dig in for the inevitable winters that must visit, and are able to withstand long years of waiting, then okay, maybe it's a risk worth taking.
But never go beyond your means. And be prepared for crashes before the sun comes out. I love Bitcoin too but messing up your real life is a real tragedy not worth any satoshi.
Now if you CAN borrow within your means, and can dig in for the inevitable winters that must visit, and are able to withstand long years of waiting, then okay, maybe it's a risk worth taking.
But never go beyond your means. And be prepared for crashes before the sun comes out. I love Bitcoin too but messing up your real life is a real tragedy not worth any satoshi.
I still think there is time to borrow FIAT to buy Bitcoin, especially in this bull run.
with Bitcoin pretty likely to hit 100k this year, double your FIAT and pay back your loan
if you are feeling safe.
This is pretty much what I have done but I borrowed last year.
I hope so. Therefore, I still store BTC in my wallet.
Happy Lunar New Year. It was a pleasure to see and hear about these very positive, objective statements about bitcoin. We believe it here, but I think it will happen a little earlier. Or it can be asymptotic for a 5 year cycle. To be more perfect in 2025 when you own bitcoin, you will become a millionaire. and I will be one of them. Hope to have lots of great years to see similar this year. New and very exciting start in the marketplace. The promise has really returned and sentiment firmer. The next peak will be $ 55k. 
i think it will be sooner than 2035 that 1 btc would make you a millionaire
A lot of people are already millionaires ...but they do not know it yet. In some countries with a very weak local currency (20 to 25 to $1) ....people are already millionaires, because 1 Bitcoin is currently about $47 000 and if they have 1 bitcoin and you multiply that with 20 to 25... then you are a millionaire in your local currency. (I guess they actually know it... but it just shows you what is happening now)
In any way, most third world countries have a very weak local currency... so those people already have a taste of the good life with their single Bitcoin.
I sometimes work on contract in Africa and I live like a King, after I converted my local currency to their currency.
In any way, most third world countries have a very weak local currency... so those people already have a taste of the good life with their single Bitcoin.
I sometimes work on contract in Africa and I live like a King, after I converted my local currency to their currency.
Not looking forward to that year as we should just focus on the movements we have now. Considering how volatile our market is, we don't know the height that the price reaches at that long time. Within a year we saw the price from $4K to another ATH, what's more in that year where adoption is all over the world.
We will be talking about millions and millions of dollars as the value of bitcoin. Still, for now, we should be wary of the sudden movements. The correction is still at the corner and we should take that as an opportunity as we might not see the price falls down after that.
We will be talking about millions and millions of dollars as the value of bitcoin. Still, for now, we should be wary of the sudden movements. The correction is still at the corner and we should take that as an opportunity as we might not see the price falls down after that.
Bad advice. Don't borrow to speculate on the price of Bitcoin. It's not a sure bet. We might all hate the idea but bitcoin may be surpassed by another crypto or even stagnate or simply grow at around the rate of inflation past a certain point.
If you borrow money and any of these things happen (or even a crash) there will be nothing you can do to recover. You will also have to pay interest.
As for owning 1 bitcoin. There are 7 billion people. There isn't even 21 million bitcoins up for grabs after all the lost early coins, the coins that Tesla now holds and the coins that whales hold.
Getting yourself situated in a nice secure piece of land and owning and developing that would be better than putting yourself in debt in hopes that bitcoin will go up.
The bet would have paid in the past but you don't know that it would pay in the future.
I guess it's a valid strategy if you really think that bitcoin will 10x (depending on how much interest you'll be paying. It's just irresponsibly risky and it can very easily ruin your life.
If you borrow money and any of these things happen (or even a crash) there will be nothing you can do to recover. You will also have to pay interest.
As for owning 1 bitcoin. There are 7 billion people. There isn't even 21 million bitcoins up for grabs after all the lost early coins, the coins that Tesla now holds and the coins that whales hold.
Getting yourself situated in a nice secure piece of land and owning and developing that would be better than putting yourself in debt in hopes that bitcoin will go up.
The bet would have paid in the past but you don't know that it would pay in the future.
I guess it's a valid strategy if you really think that bitcoin will 10x (depending on how much interest you'll be paying. It's just irresponsibly risky and it can very easily ruin your life.
I really wish this would come true. I'ld be a multi-millionaire!
You can be a multi-millionaire if you were able to hodl your bitcoin for 15 years, and that takes a lot of patience and a stable job to pull off because there will be events that are going to happen to you along the way and those events might make you consider cashing out your bitcoin.currently, I am thinking of a stable job that does not make me have to cash out the Bitcoin that I have because of course, it will disturb me if always cashing out my Bitcoin. Bitcoin is an asset of the future that is sure to make us rich.
Hugely irresponsible of you to ask people to borrow money now to load up on Bitcoin. So many failure stories from people who borrow and end up in debt, losing everything.
Now if you CAN borrow within your means, and can dig in for the inevitable winters that must visit, and are able to withstand long years of waiting, then okay, maybe it's a risk worth taking.
But never go beyond your means. And be prepared for crashes before the sun comes out. I love Bitcoin too but messing up your real life is a real tragedy not worth any satoshi.
Now if you CAN borrow within your means, and can dig in for the inevitable winters that must visit, and are able to withstand long years of waiting, then okay, maybe it's a risk worth taking.
But never go beyond your means. And be prepared for crashes before the sun comes out. I love Bitcoin too but messing up your real life is a real tragedy not worth any satoshi.
It is relatively easy to make millions from bitcoin than even any altcoin, it is not very simple lately acquire some sats to 1 bitcoin unlike the previous years where the price was very cheap and you could even perform simple tasks to earn them. It is even advisable for everyone to own bitcoin even if it is not up to 1 let it be some quantitative fractions of it.
Really? can you elaborate more the part where it is relatively easy to make millions from btc at this current price? i don't think you fully understand what that means, don't look at it from owning 1BTC perspective, look at it from owing a fraction of btc and tell me how long you think it will take for your fraction of sat to make you millions (relatively)
must be super rich and there hasn't been any altcoin which has done this type of movement yet. Seeing it from the fractional aspects, it is not easy as you said to be honest. So, owning at least 1 BTC before the year predicted by OP is still very much appreciated. 
Actually owning 1 bitcoin is really good the cost of that is very high, but in the future we do not what is going to happen to the bitcoin because there is a chance the price is very low on that year so if you want secure future you must need money but now you can become millionaire with the help of the bitcoin and the other altcoins you must need only to trust to cryptocurrency now and you will gain money but you have a lot of patience to wait to increase more the price because that is the prize for those people who wait like more years are earning more money.
It is relatively easy to make millions from bitcoin than even any altcoin, it is not very simple lately acquire some sats to 1 bitcoin unlike the previous years where the price was very cheap and you could even perform simple tasks to earn them. It is even advisable for everyone to own bitcoin even if it is not up to 1 let it be some quantitative fractions of it.
Really? can you elaborate more the part where it is relatively easy to make millions from btc at this current price? i don't think you fully understand what that means, don't look at it from owning 1BTC perspective, look at it from owing a fraction of btc and tell me how long you think it will take for your fraction of sat to make you millions (relatively)
I totally agree with the topic of this discourse. All things being equal, by 2035, it is even difficult to predict the value bitcoin will be by then. Even for just owning 0.5btc you will be a millionaire.
Owning 1 BTC even today in some countries can make you a millionaire, of course in local currency. People are incredibly burdened with being millionaires in the US dollar, so even though it may mean something today - as some other members have already written, what will happen to the dollar in 15 years? It is certain that then its purchasing power will be much lower than today, and in that period BTC will either succeed globally or become completely irrelevant.
I also agree with everyone who says it is very bad advice to borrow money from banks to invest in BTC, people did it in late 2017 and many got into serious trouble when the price of BTC started to fall, and they had to pay off the loan. It is not unreasonable to bet on BTC, but one should understand all the risks that such an investment brings with it.
I also agree with everyone who says it is very bad advice to borrow money from banks to invest in BTC, people did it in late 2017 and many got into serious trouble when the price of BTC started to fall, and they had to pay off the loan. It is not unreasonable to bet on BTC, but one should understand all the risks that such an investment brings with it.
I think it'll happen way faster than that, especially now that BTC's usage and utility grows at a pace never seen before. It'll be harder for it to lose value since from now on, for a timespan of probably at least one year we will only hear about more & more investors pouring their massive sums into it.
Who knows how much further the $ will have dropped in purchasing power by then with the endless printing.
By 2035 I strongly believe we will either have the worldwide debts reset or a new economical system. 2020 was a horrific year for USA's debts; they have to do something about it. Right now, it's simply impossible for them to continue this way and/or to pay off the massive owed sum of USD - and Bitcoin will certainly profit off that! 
bitcoin 2021: $45k = 18k loaves of bread
if bitcoin was $1m today 400k loaves of bread
if dollar inflates at 3% a year for next 14 years.. bitcoin (at $1m) will only get you 261k loaves
yep a $1m coin in 2035 is only worth $651k in todays value
14 years inflation of 5% = 195k loaves
14 years inflation of 10%=91k loaves
so factor in the dollar inflation. and work out what you will actually get to buy with a $1m bitcoin
if bitcoin was $1m today 400k loaves of bread
if dollar inflates at 3% a year for next 14 years.. bitcoin (at $1m) will only get you 261k loaves
yep a $1m coin in 2035 is only worth $651k in todays value
14 years inflation of 5% = 195k loaves
14 years inflation of 10%=91k loaves
so factor in the dollar inflation. and work out what you will actually get to buy with a $1m bitcoin
It is relatively easy to make millions from bitcoin than even any altcoin, it is not very simple lately acquire some sats to 1 bitcoin unlike the previous years where the price was very cheap and you could even perform simple tasks to earn them. It is even advisable for everyone to own bitcoin even if it is not up to 1 let it be some quantitative fractions of it.
Wrong , If you know how to play investing in Altcoin i believe that it is much easier than Bitcoin because Look , Bitcoin from the very beginning took 3 or more years (actually that is every halving) before another Hype comes but in Altcoin s? there are chances that the Pump happens each time with several coins as they are fast moving and not the Bitcoin , though safety speaking ? then that is bitcoin in which very best. 
Once that's reached and its on it's way to 200k it's going to become very difficult to accumulate for regular folks.
Difficulty of buying bitcoin is not affected by its price, the amount you can buy with the same amount of money changes but it will be as difficult or as easy to buy bitcoin as before even at $200k!Quote
If you can jumpstart your entry by borrowing 10k, 20k or 30k from the banksters do it
That is a terrible advice. You should never invest what you can't afford to lose specially if you are a newcomer to bitcoin world and not yet familiar with how things work with bitcoin itself (such as how to use wallets, security, cold storage,...) or with the market (specifically the unpredictable short term high volatility).Quote
Buy $20 chunks as often as you can, pay no heed to the price. Ditch your daily $5 Coffee - that's $150 of Bitcoin per month, stop the pizza delivery, buy $15 of BTC instead.
This is the only good advice in your whole post.Quote
During the journey you may want to punt a portion of your BTC on an Alt you believe will rise greatly
This is another terrible advice, more so for beginners.Quote
be careful though and do not panic if your alt crashes because 99% of the time they will recover to the price you bought in at.
This is not the truth. In most case altcoins that get dumped will never recover to their previous prices ever, specially if the pump preceding the dump wasn't the first pump and if it was a big one. I am going to take your tips here seriously. Indeed, it is time that we save as much money as we can to buy some Bitcoin. This is the only way we the people can participate with this greatest transfer of wealth for many generations to come. We should never allow just the big corporations to be making the moves and have them take the "control" of this market. Ditching small things can go a long, long way towards the goal of owning at least 1 Bitcoin. We could make BTC our retirement option.
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