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Topic: Owning One BTC In 2035 Will Make You A Millionaire (Read 756 times)

newbie
Activity: 8
Merit: 0
Its long period for sure to speculate or predict but from charts so far and from timeline when bitcoin is introduced and placed into market this assumption can be very close to the truth. We have 14 years till that time but considering they predict that price will be 100k or more for this year it very possible to say and predict 1 mill as price for 2035. It can be very realist price.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
I hope so Grin

I like the idea of buying using a small amount of money to invest in bitcoin consistently. I am sure that can give us a big profit in the long term, but the problem is can we still consistent to do that thing because we can feel bored doing the same thing every weeks or month. But I am sure that if we can manage ourselves to still buying bitcoin, we can have a chance to own more than 1 bitcoin in the future because we already bought bitcoin a long time ago. So we should keep buying bitcoin before it is too late.
Like always everything will depend on several factors, like your desired comfort level, age and the place where you are leaving, if you want a life full of luxuries you are probably going to need more than one bitcoin but if you live in a cheap country and your goals are measured then one single bitcoin could be probably enough to make your life many times easier to the point that you could retire a decade or even two earlier thanks to it.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”


If you can accumulate 1 btc in this growing value then yeah you can be a millionaire .

But in my country having 1 btc means you are already a Millionaire in our own currency l.

I wanna find some chance to add in my holdings but i am happy to what i am having now
hero member
Activity: 2268
Merit: 789
As someone who lives in a third-world country, earning 1 BTC right now could make me a millionaire now by today's standards!

I wholly agree with your statement. The primary thing to do as someone who is given the opportunity to earn BTCs is to HODL them. Who knows what could be the price of the BTC by 2035? But imagine, some people who invested back when BTC first started did not know about the potential of its price as of today. The sky is the limit when we are dealing with its price. I will probably save my BTCs now until I retire and maybe enjoy its benefits when the time comes!

Seriously I do not get why old people keep on investing in old things. I lived in an age where online world wasn't something everyone can reach to, obviously I was very very young during that period but before 2000 we had hard time connecting, it took like nearly an hour to open just one image, I remember those days, and I remember days where investing into computer stocks was seen as high tech and very risky and dot com bubble "showed the world people should not invest into those things because they are risky".

At the end of the day the more you live, the more high tech stuff you will find and world will improve more and more and more. If you keep investing into old stuff you are not going to make any money and eventually will start to lose money, whereas if you live with times and invest into high tech and brand new loved things like crypto you will make more money.

Old people are relatively used in the traditional way of doing things. Whenever something is introduced to them which is more convenient, faster, and reliable, they tend to deny this and stick to what they have been doing for years. Maybe, it hurts their pride whenever they see that there is a better way of doing things.
legendary
Activity: 2464
Merit: 1102
Seriously I do not get why old people keep on investing in old things. I lived in an age where online world wasn't something everyone can reach to, obviously I was very very young during that period but before 2000 we had hard time connecting, it took like nearly an hour to open just one image, I remember those days, and I remember days where investing into computer stocks was seen as high tech and very risky and dot com bubble "showed the world people should not invest into those things because they are risky".

At the end of the day the more you live, the more high tech stuff you will find and world will improve more and more and more. If you keep investing into old stuff you are not going to make any money and eventually will start to lose money, whereas if you live with times and invest into high tech and brand new loved things like crypto you will make more money.
legendary
Activity: 2968
Merit: 3684
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Damn but my knees might not make it to 2035. Bionic legs would probably cost me several Bitcoins at the very least. I suppose I could still get fat and enjoy a few other non-knee-related things.

I like all your recommendation but not the part where you take a loan to buy Bitcoin, it's not recommended and it's risky, even if the market looks great there will be a time maybe not now, could be next week or next month we will never know where Bitcoin will suffer or experience a downturn, you can keep a small amount daily to buy Bitcoin but never take a loan from a bank.

People just won't learn their lessons. Although, it might actually be a good tactic in economies with spiraling inflation. Borrow a shitload of fiat with a 40 year term. You'd probably pay it off in a couple of years if inflation keeps its rate against Bitcoin. Even with 90% crashes!
hero member
Activity: 2926
Merit: 567
I like all your recommendation but not the part where you take a loan to buy Bitcoin, it's not recommended and it's risky, even if the market looks great there will be a time maybe not now, could be next week or next month we will never know where Bitcoin will suffer or experience a downturn, you can keep a small amount daily to buy Bitcoin but never take a loan from a bank.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
I think that if everything goes at this rate, yes, anyone who has a Bitcoin, it will be multi-million, if since 2009 no one believed that it could reach 100 USD, now in 2021 we have new ATHs, then by 2035 it will really be something very big. Also, because of how the world is going and all the problems that FIAT money brings, the banks, the controls that are exercised and the governments, with Bitcoin you have total control without asking for permission from third parties.

I think the main problem in the future will be anonymity, many will want to have total anonymity so that they are not tracked, it is like a security issue.
legendary
Activity: 2338
Merit: 2106



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


[centttps://i.imgur.com/VsNuduO.png[/img][/center]


why so bearish? there is a good chance we will hit 1mil per coin during next cycle around 2025

legendary
Activity: 2338
Merit: 1124
To own 1 whole bitcoin in 14 years, you need to accumulate something less than 0,0002 BTC a day. According to the current price, it amounts to about $10 a day. That doesn't sound so hard. Most of us spend more than that on coffee and snacks every day.
But as time passes, I'm sure the price will increase dramatically relative to current values, so the accumulation will be harder and harder.
You may, I am certainly not. 300 dollars is a bit under minimum wage where I come from, around 400 dollars or so and I am making not really making 50k+ dollars a year neither, I do not spend 300 dollars on snacks and coffee or something like that, I spend 10 dollars for the whole house per day, that is how I survive.

So, that is still a quite a lot of money if you ask me, however even with that in mind, lets say I am capable of saving 10 dollars a day for 14 years that would not be enough, why? Because for 14 years if I put 10 dollars aside, that would be 51k, which means I will be capable of buying 51k dollars worth of bitcoin, do you really think that bitcoin will stay at this price for 14 years? There will surely be low days I am not going to argue there, but what about the days when it reaches 100k+ even 500k+ eventually? If we were to believe it will be 1 million dollars in 14 years, we should also consider that when doing calculations.
plr
member
Activity: 1162
Merit: 24


The prime directive is to increase the amount of BTC you own, nothing else matters



With the adoption and how the price move it could be earlier than 2035, even McAfee predicted the price will be 1 million just last year it will not take long every year the price keeps getting better we never know but it could be six years from now, if the price keeps doubling up, even a crash can't stop Bitcoin from moving forward and up.
hero member
Activity: 2184
Merit: 531
In 2035 USD may be so inflated that you will maybe have 1 million but it will be worth less than 500 thousand today. Cheesy

The real value is in things you can buy so in your purchasing power not in stupid numbers like 1 million.

If you don't agree please check what you could buy with 100 USD in 1990 and what you can buy now.
full member
Activity: 1904
Merit: 138
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Therefore I agree that just having one Bitcoin in 2035 is enough to make us rich.

Let's be real, bitcoin may pump and increase in this run but I don't think it will be able to "make us rich" if we will not be making any efforts ourselves. We can't just depend on bitcoin, and I need to scratch that "one Bitcoin" because for sure if we will be getting a lot of profit in the past year, we will be reinvesting and buy again.

It will not be just owning bitcoin, it will be owning Bitcoins and other crypto currencies.

That's the reality of life, we should not depend in one source only. True, that bitcoin may give us good profit on that year, but consider that technology evolves faster than we thought of. What if another inventions comes along, and much better than bitcoin. Who knows? So you also need to prepare for those worst case scenarios. For me, I will also invest in tangible assets like real estate or gold.
sr. member
Activity: 1638
Merit: 300
Therefore I agree that just having one Bitcoin in 2035 is enough to make us rich.

Let's be real, bitcoin may pump and increase in this run but I don't think it will be able to "make us rich" if we will not be making any efforts ourselves. We can't just depend on bitcoin, and I need to scratch that "one Bitcoin" because for sure if we will be getting a lot of profit in the past year, we will be reinvesting and buy again.

It will not be just owning bitcoin, it will be owning Bitcoins and other crypto currencies.
sr. member
Activity: 1876
Merit: 318
If we look at the performance of Bitcoin which managed to rise to the price of $ 57k in a short time, it is very possible that in 2035 it is enough to
have 1 BTC to make us millionaires. I hope this come true, therefore don't waste the opportunity right now to buy as much Bitcoin as possible according
to our respective financial capabilities. For me not be too heavy in collecting Bitcoin, I usually set aside a portion of my salary each month to buy Bitcoin.
So before 2035 I could own 1 BTC.
full member
Activity: 1470
Merit: 148
It will get to $1M before 2030.
We hope so, then will our heart be merry, and our soul find praises among the living. Though this is likely to happens becasue of Bitcoin market volatility, currently anything can still happen to bitcoin that will make it crash again like in the time of old, But currently in my country one bitcoin has already made it holders a Millionaire sincerely.
hero member
Activity: 1372
Merit: 564
For some people in other developing countries, having 1 bitcon now can make them millionaire (not just having 1 million but having millions in their account).
I agree to save up little spending for Bitcoin till it becomes hard to purchase but not borrowing from the bank especially if the borrower has no stable means to pay back. Remember the interest keeps increasing.

Here in our country owning a singke bitcoin if it would going to exchange it in our currency it could already make me as a millionaire. I don't need to wait for 2035 before i can become a millionaire because the bitcoins market value today was enough to announce myself as millionaire. However, sad to say that i will wait for a years before i can announce to myself becoming a millionaire because of high market value of bitcoin it is also difficult to buy your own due to high demand of the market.
full member
Activity: 1008
Merit: 139
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To own 1 whole bitcoin in 14 years, you need to accumulate something less than 0,0002 BTC a day. According to the current price, it amounts to about $10 a day. That doesn't sound so hard. Most of us spend more than that on coffee and snacks every day.
But as time passes, I'm sure the price will increase dramatically relative to current values, so the accumulation will be harder and harder.
copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform
I can't imagine how expensive Bitcoin when 2035 and I'm sure that 1 Bitcoin is will become so expensive. To 2035 it's mean around 14 years later and I believe that we all can have 1 Bitcoin before 2035 is coming. So start to earn and buy your Bitcoin now to prepare for the future. But 14 years?? Do you think people can wait for so long? It's will become so hard

Not all people can save 1 million dollars even for 14 years. And there is no guarantee that Bitcoin will really reach that price because it was too high IMHO. It took us 10 years to reach the current all time high and do you think that we can increase x15 the current price within 14 years? Let's say many institutional investors will invest on BTC but there is no guarantee that everyone will hold until we reach that 1M target. Surely most of early investors will take profit and just re-enter when correction hits.
hero member
Activity: 2604
Merit: 816
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I hope so Grin

I like the idea of buying using a small amount of money to invest in bitcoin consistently. I am sure that can give us a big profit in the long term, but the problem is can we still consistent to do that thing because we can feel bored doing the same thing every weeks or month. But I am sure that if we can manage ourselves to still buying bitcoin, we can have a chance to own more than 1 bitcoin in the future because we already bought bitcoin a long time ago. So we should keep buying bitcoin before it is too late.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Once it was to own 21 Bitcoin to be an one in a million. With that it is stated people with 21 btc will surely turn to be a millionaire one day. Now things have changed with the growth, and just a single bitcoin is predicted to make a millionaire by the year 2035. As per the ongoing growth ratio, there is more chance of prices reaching much higher than the present. Anyhow a million is far away from the present value. This means in terms of local currency value we can have more Millionaires, and already this has happened with present value of bitcoin on more number of countries.
That is just the power of bitcoin, I remember those days and how people always recommended people to try to get those 21 bitcoins, then this got reduced to 10 and now it seems a single one is going to be enough and this should not be surprising, even if there are people that hold a massive amount of bitcoin 99% of the population is still holding 0 bitcoins and once they realize their mistake the price will skyrocket in a way we have never seen before.
sr. member
Activity: 1288
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I can't imagine how expensive Bitcoin when 2035 and I'm sure that 1 Bitcoin is will become so expensive. To 2035 it's mean around 14 years later and I believe that we all can have 1 Bitcoin before 2035 is coming. So start to earn and buy your Bitcoin now to prepare for the future. But 14 years?? Do you think people can wait for so long? It's will become so hard
sr. member
Activity: 2506
Merit: 368
Well, it's a long time to wait maybe you yourself, OP can earn a single Bitcoin and you might be a millionaire someday. Just don't put all your hopes in cryptocurrency since no one knows what would happen to us in the future, even the price of Bitcoin that time we don't know yet. Everyone seems to jump to the conclusion already but they don't know how volatile this market and owning a single BTC in the year 2035 might be a little harder if the price goes beyond six-figure price. The crypto market is not yet that close to perfect and it has a lot of flaws so a certain alternatives is always present during that period of time.
hero member
Activity: 2996
Merit: 609
suggestion or advises is really a bit misleading or do mold up those false hopes specially for noobs out there that do really able to read up.Nothing is assured nor guaranteed when it
comes to future.

Neither bitcoin can hit up a million or would go to zero.No one knows.

Yeah, just so irresponsible. People think they're doing Bitcoin a favour by "promoting" it at all costs, but it's so easy to overlook that it's still an immature market, and it's still highly volatile and incredibly new to many, many investors -- even those used to traditional markets (or perhaps, even especially to them).

Nothing is guaranteed. Like you said, zero is as likely as 1 million.

They should really have in their minds about the risk and whats the market is all about not just on simply going all in just because other people do so.

Always take measures when it comes to investment.You wouldnt know if this one will bring fortune or total wreck when prices do move the other way around.
Its too much to consider even if we do  talk about 10 to 20 years from now.

Nice to presume out on lower levels only rather than exaggerating and talking about millions.
full member
Activity: 1330
Merit: 147
Who knows? There are many opportunities, bitcoin is getting mass adoption right now. Some technological companies like Apple, mastercard and other are trying to accept bitcoin, either as payment system or their investment place like Tesla that has spent a lot of money to buy bitcoin, it means sooner or later bitcoin will be loved by most people by its characteristic.

But, there are some factors as well which can make its price and has a cheap price. And one of that can make bitcoin price fall drastically is government regulation. Indeed, bitcoin is decentralized money it means there is no one that can manage it but its utilization can be stoped in a country if the government didn't like it. So, my focus is not become rich because bitcoin and trying to buy at least one bitcoin now. I don't have money, but I'm trying to collect as much as I can.
hero member
Activity: 2730
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I have seen many posts of this style and they all start from a fallacy: in this case it is to assume that a million dollars in 2035 will be remotely similar to a million dollars now. Normally, a million dollars in 15 years would already be worth much less in today's terms, but in 2020 20% of the total number of dollars printed to date were printed, and it looks like with the coronavirus crisis, the printing speed will be maintained for at least 3 or 4 more years.
So, a million dollars in 2035 is going to be just a shit on a stick compared to now.

I would stop worrying so much about being a fiat millionaire and just keep accumulating bitcoins, as well as increasing net worth in general, which is what I am doing.
Well, it will not be "shit on a stick" Cheesy that would be really impossible, that has a connotation like it will be a million dollars for a can of coca cola, and I am sure it won't be like that. However you are 100% right, a million dollars in 15 years will definitely be nothing too huge, american economy could change a lot at the top and not enough at the bottom, teacher pay didn't increase too much in the past 10-15 years for example, but in 10-15 years it will probably not have a huge change neither, while richer people will have a lot more changes, so it will be harder for teachers to buy anything in the future, they will be very poor.

I gave example from teachers but you can put any blue/white collar job in there as well. So, putting your money into bitcoin, and taking advantage of this store of value will be great and when people have hard time and even when 1 million dollars worth a lot less to public, you will get richer thanks to your bitcoins.
legendary
Activity: 2968
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suggestion or advises is really a bit misleading or do mold up those false hopes specially for noobs out there that do really able to read up.Nothing is assured nor guaranteed when it
comes to future.

Neither bitcoin can hit up a million or would go to zero.No one knows.

Yeah, just so irresponsible. People think they're doing Bitcoin a favour by "promoting" it at all costs, but it's so easy to overlook that it's still an immature market, and it's still highly volatile and incredibly new to many, many investors -- even those used to traditional markets (or perhaps, even especially to them).

Nothing is guaranteed. Like you said, zero is as likely as 1 million.
hero member
Activity: 1372
Merit: 564
Just save some of your income and put it into Bitcoin. Trim down on your spending and put the saved money into Bitcoin. Don't just target 1 Bitcoin. Stack as many as you can. Don't also think of 1 million equivalent. Just keep on stacking satoshis after satoshis and whatever the value of Bitcoin is in the coming years, let it be. It may be 1 million in 2035 or 1.5 million or only 500 thousand. That may not be the point in the years to come. The 1 Bitcoin is equal to 1 Bitcoin may finally be most reasonable at that time.

Indeed, the success of your hardships earning a profit here in cryptocurrency be in trading or mining bitcoin depends only on how you would choose to hold your earned profit carefully and wisely. To be honest we may never know what will be the value of bitcoin by that year which is more than 14 years from now but if ever the adoptation of bitcoin continues these wouldn't be impossible and lucky are those who have their own bitcoin more than a single one.
sr. member
Activity: 1554
Merit: 334
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.
I don't think it will be difficult to accumulate Bitcoin if it does reach 200k or more because you could still purchase satoshi though, it doesn't necessary for your to accumulate 1 Bitcoin because even satoshi could make you a millionaire as the price of Bitcoin increases.

Quote
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.
Though Bitcoin can bring back your borrowed money still it is not recommended to use someone's money to invest or the money you cannot afford to lose as Crypto Market is still risky after all. Besides, Bitcoin will not always on a bull trend there will be times bear will come, and by the time you are probably pressured enough to sell your invested money on Bitcoin.

Quote
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.
You don't even need to ditch those things like your coffee because your health is still the most important, you could save though like avoid spending your money on unnecessary things, that would be better I think.

Quote
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.
Well it depends on the alts you are going to invest, if that is a promising coin then even if it crashes be assured that it will recover, just hold it when it happens.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
For some people in other developing countries, having 1 bitcon now can make them millionaire (not just having 1 million but having millions in their account).
I agree to save up little spending for Bitcoin till it becomes hard to purchase but not borrowing from the bank especially if the borrower has no stable means to pay back. Remember the interest keeps increasing.
Actually In 3rd world country is 1 bitcoin can make them Millionaire , because the value of this worth more than a million even in my country .

So if i am going to gain 1 bitcoin even before 2035? i think i can make this more valuable in using in Real business than to wait for that long time.
hero member
Activity: 2212
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Speculation about bitcoin in the next 15 years may go too far if we compare bitcoin's price to fiat. Fiat value has always decreased in relation to the value of real estate including gold in every decade.
Even though you have made multiple profits in $, you may only get half the return on the caps when compared to the value of gold.
legendary
Activity: 1372
Merit: 2017
I have seen many posts of this style and they all start from a fallacy: in this case it is to assume that a million dollars in 2035 will be remotely similar to a million dollars now. Normally, a million dollars in 15 years would already be worth much less in today's terms, but in 2020 20% of the total number of dollars printed to date were printed, and it looks like with the coronavirus crisis, the printing speed will be maintained for at least 3 or 4 more years.
So, a million dollars in 2035 is going to be just a shit on a stick compared to now.

I would stop worrying so much about being a fiat millionaire and just keep accumulating bitcoins, as well as increasing net worth in general, which is what I am doing.
sr. member
Activity: 2380
Merit: 366
Just save some of your income and put it into Bitcoin. Trim down on your spending and put the saved money into Bitcoin. Don't just target 1 Bitcoin. Stack as many as you can. Don't also think of 1 million equivalent. Just keep on stacking satoshis after satoshis and whatever the value of Bitcoin is in the coming years, let it be. It may be 1 million in 2035 or 1.5 million or only 500 thousand. That may not be the point in the years to come. The 1 Bitcoin is equal to 1 Bitcoin may finally be most reasonable at that time.
full member
Activity: 966
Merit: 153
For some people in other developing countries, having 1 bitcon now can make them millionaire (not just having 1 million but having millions in their account).
I agree to save up little spending for Bitcoin till it becomes hard to purchase but not borrowing from the bank especially if the borrower has no stable means to pay back. Remember the interest keeps increasing.
full member
Activity: 1190
Merit: 117
Actually, the fastest way to become rich is through Bitcoin, we don't need to do anything difficult. It is enough to buy Bitcoin every month from
the extra money we have, do this consistently for at least the next 5 years. I believe we can become rich people, because based on the research
I have done, compared to when we start a business that is not necessarily a profit. Investing in Bitcoin is much more promising than any business.
Therefore I agree that just having one Bitcoin in 2035 is enough to make us rich.
legendary
Activity: 3234
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Once it was to own 21 Bitcoin to be an one in a million. With that it is stated people with 21 btc will surely turn to be a millionaire one day. Now things have changed with the growth, and just a single bitcoin is predicted to make a millionaire by the year 2035. As per the ongoing growth ratio, there is more chance of prices reaching much higher than the present. Anyhow a million is far away from the present value. This means in terms of local currency value we can have more Millionaires, and already this has happened with present value of bitcoin on more number of countries.
hero member
Activity: 2884
Merit: 794
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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
While I agree with the premise of your post at the same time it is not as simple anymore, buying 15 dollars worth of bitcoin at a time will generate massive fees in the future so it is better for you to make all the savings that you can do in a month and buy bitcoin once a month, this would require some patience and you are not going to get the best possible price with this strategy but it is going to be cheaper over the long term.
hero member
Activity: 3010
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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.
People are really fan on just looking the brighter side of things without even trying to look up into the other side that everyone isnt really successful into this career or market.

Yes, bitcoin does really have the potential but investment decisions would really be needing that common sense on what are the possible scenarios neither on the positive or on the negative side of things.

We shouldnt really focus on one side because too much expectation would really hurt badly if things goes into the opposite path.Its not bad on being optimistic but having this kind of

suggestion or advises is really a bit misleading or do mold up those false hopes specially for noobs out there that do really able to read up.Nothing is assured nor guaranteed when it
comes to future.

Neither bitcoin can hit up a million or would go to zero.No one knows.
full member
Activity: 1470
Merit: 148
Actually owning 1-Bitcoin in my country will automatically make you a Millionaires becasue of the currency status or due to it inflation. If am not mistaken, half a Bitcoin made you a Millionaire in my country and definitely in future like 2035 then holding one Bitcoin in my country will be running into Billionaire, hopefully becasue the inflation rate will definitely increase as we seen today.
legendary
Activity: 2436
Merit: 1362
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.

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.

I agree totally! nobody knows what the future holds.
I personally was in a position to sustainably take a FIAT loan to buy Bitcoin knowing
that if Bitcoin didnt work out as I foresaw I would still be able to pay back the loan.

or I would have to sell Bitcoin at potentially a loss to pay the loan, it was a gamble.
sr. member
Activity: 1297
Merit: 294
''Vincit qui se vincit''
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.
legendary
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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.

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.
legendary
Activity: 2436
Merit: 1362
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.

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.
full member
Activity: 1428
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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. Kiss
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Activity: 368
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i think it will be sooner than 2035 that 1 btc would make you a millionaire
legendary
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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.  Wink

I sometimes work on contract in Africa and I live like a King, after I converted my local currency to their currency.  Grin
sr. member
Activity: 1638
Merit: 300
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.
hero member
Activity: 1492
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Life is a taxable event
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.
sr. member
Activity: 2338
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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.
That's right, Hodl Btc for the next 10 - 15 years will make us millionaire...
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.
legendary
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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.
sr. member
Activity: 1288
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yes
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) Cool
What I meant is; those who bought at this price presented by Binance here 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.
sr. member
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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.
hero member
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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) Cool
legendary
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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.
legendary
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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.
legendary
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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!
legendary
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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
full member
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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.
legendary
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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!

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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).

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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.

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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.

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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.
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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.
sr. member
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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.
legendary
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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!
Vod
legendary
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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.  :/
legendary
Activity: 2576
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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.
legendary
Activity: 3024
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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.
newbie
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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
hero member
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I really wish this would come true.  I'ld be a multi-millionaire!
jr. member
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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.
hero member
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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.
legendary
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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.
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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.
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There is gold in volatility..



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
sr. member
Activity: 1288
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yes
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.
hero member
Activity: 770
Merit: 506



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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