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. 
Topic: Owning One BTC In 2035 Will Make You A Millionaire - page 4. (Read 750 times)
Owning One BTC In 2035 Will Make You Free From SJWS
Cause you will have FU money to ignore their sensitivities and cancel culture Honeybadger don't give a damn!
Cause you will have FU money to ignore their sensitivities and cancel culture Honeybadger don't give a damn!
OP, I guess you are one of those who believe we will keep improving our technology, but will never reach self aware AI?
I seriously doubt bitcoin will exist past the singularity. And the singularity will be here before 2035. :/
I seriously doubt bitcoin will exist past the singularity. And the singularity will be here before 2035. :/
I agree. We are still at a very early phase of Bitcoin adoption. Only a very small percentage of the world's population is into Bitcoin. Moreover, only a handful of companies have already bought Bitcoin. Even if only a quarter of the world's population and leading international companies get into Bitcoin, the price would certainly reach a 6-digit figure.
However, I strongly discourage that you borrow money or take a loan for the sake of buying Bitcoin. That's not advisable. You might be trapped in the process of payment. Bitcoin's price could fall very hard and will only recover after a few years. That is enough for you to fail paying for that loan and might be forced to sell them at a loss only to be able to pay. That's too risky, suicidal even.
It's enough that instead of spending on random useless stuff, you better keep them and buy Sats.
Finally, be careful with playing alts for the sake of increasing your Bitcoin. Again, it might actually trap you.
However, I strongly discourage that you borrow money or take a loan for the sake of buying Bitcoin. That's not advisable. You might be trapped in the process of payment. Bitcoin's price could fall very hard and will only recover after a few years. That is enough for you to fail paying for that loan and might be forced to sell them at a loss only to be able to pay. That's too risky, suicidal even.
It's enough that instead of spending on random useless stuff, you better keep them and buy Sats.
Finally, be careful with playing alts for the sake of increasing your Bitcoin. Again, it might actually trap you.
If you're a relative newcomer or you have blown your stash thinking you have years to faff around and accumulate my advice is do whatever you can to accumulate 1 Bitcoin before it reaches 100k.
Having a goal of owning 1 Bitcoin is just a psychological fallacy due to it being a natural number. There's no difference between owning 1, 0.9386, 0.346, 2.4756 BTC - your profits will scale lineally and that's it.
If you can jumpstart your entry by borrowing 10k, 20k or 30k from the banksters do it - Have no fear!
Yeah, this is horrible advice, never invest what you can't afford to lose.
During the journey you may want to punt a portion of your BTC on an Alt you believe will rise greatly - 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.
And this is one of the worst advises you can give to people in crypto. Altcoins have no future, they all go to zero in the long run, even now if you look at their BTC prices, most of them are far below where they were years ago. You're literally losing bitcoins if you are buying altcoins.
After reading your message it really sparked me the idea of how much i can save daily by just following your idea. from today i will start to do the practice of saving and hope that i will start to earn good sooner.
Thanks mate
Thanks mate
I really wish this would come true. I'ld be a multi-millionaire!
Well, the price of bitcoin is incredibly volatile, so short-term losses or long-term gains are expected even in usual conditions, and predicting the future is quite a challenge. But again, your wise financial advice can help. Bitcoin has been performing well. People that already own bitcoin are going to make money off it. A lot of people are really optimistic that this will grow in value in the coming years. We can expect to see an explosive year for bitcoin.
Personally, I think bitcoin is and will soon be the most desirable asset in the world.
You're supposed to buy when it drops, hold, and don't sell. Everyone should start doing something now if they want to be successful.
Personally, I think bitcoin is and will soon be the most desirable asset in the world.
You're supposed to buy when it drops, hold, and don't sell. Everyone should start doing something now if they want to be successful.
No guarantee, still. How sure are we that the market price will be continuously growing? Or that Bitcoin will be the only digital currency to be still supported by the majority? at his is a long interval and there are many things that could happen ; a crypto may arise which will both earn the support of the governments and users in this industry and this long interval is enough to fill the gap on its further development. Also, what if the price become stable at a certain market value due to further regulation by the governments, perhaps $55k is its ceiling? We just don't know what Could happen, and we may only guess, so I think this is hard to be something someone who wants to invest at this moment, to hope for.
I think 2035 is a relatively conservative estimate for 1BTC to equal $1,000,000. Who knows how much further the $ will have dropped in purchasing power by then with the endless printing. Regardless, I don’t think it’s a good idea to sell all your BTC for increasingly worthless fiat.
There is true judging from how Bitcoin is standing the test of time now. Bitcoin is actually an investment you can thrive to do if you have opportunities and access to cash.
If you're a relative newcomer or you have blown your stash thinking you have years to faff around and accumulate my advice is do whatever you can to accumulate 1 Bitcoin before it reaches 100k. Once that's reached and its on it's way to 200k it's going to become very difficult to accumulate for regular folks. If you can jumpstart your entry by borrowing 10k, 20k or 30k from the banksters do it - Have no fear! 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. A few small changes in lifestyle and you will be surprised how much you're accumulating. During the journey you may want to punt a portion of your BTC on an Alt you believe will rise greatly - 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.
The prime directive is to increase the amount of BTC you own, nothing else matters
Wow, that is absolutely a great financial advise. I did a course lately on personal finance, was told that i need to save to invest in order to be able to meet my short and long term goals. That is also in line with The book The richest man in babylon.
Connecting these two sources to your thread, what one needs to cultivate a habit of investment is discipline. It takes discipline to save and invest, but it take indiscipline to squander the money. Thanks
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.
If you're a relative newcomer or you have blown your stash thinking you have years to faff around and accumulate my advice is do whatever you can to accumulate 1 Bitcoin before it reaches 100k. Once that's reached and its on it's way to 200k it's going to become very difficult to accumulate for regular folks. If you can jumpstart your entry by borrowing 10k, 20k or 30k from the banksters do it - Have no fear! 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. A few small changes in lifestyle and you will be surprised how much you're accumulating. During the journey you may want to punt a portion of your BTC on an Alt you believe will rise greatly - 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.
The prime directive is to increase the amount of BTC you own, nothing else matters
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