Topic: [POLL] 2020, your last chance of owning 1 BTC - page 4. (Read 947 times)

It's important that everyone keep in mind that sharing with others how much bitcoin you own or even that you own bitcoin at all is not a good idea.  Andreas Antonopoulos has always said let him be the one to talk about bitcoin and that no one should ever share  how much they own. Just an FYI for everyone.

I don't think 2020 is the last chance, and I never had a goal to own 1 BTC. If I did, I probably could do it. But I was actually trying to do the opposite over the years, selling the BTC I have and get for fiat. I wouldn't do it if I could spend Bitcoin directly, but that's not the case. Bitcoin is not an investment for me, it's a kind of money. I do try to save some money, but even though I like and support Bitcoin in my heart, I save money in my bank account. The reason for that is that I'm saving money for a long trip abroad (studying there), and since I'm from a third-world country, I'd have to provide evidence that I have money for the duration of my stay (and BTC doesn't count as evidence in the Embassy). After I reach this goal, my next round of savings will go to buy a flat (I'm currently renting one), and since again I'd need fiat and possibly the origins of it to be transparent, I'll probably have to save money in fiat. Plus I think that one should keep in BTC what one can afford to lose (since it's a kind of investment if you hodl money like that), and Bitcoin is very volatile, so I cannot afford to lose the money I earn and save for specific purposes like this one.

As a small trader, it is difficult if you have to buy bitcoin at a large price, you can buy 1/4 btc or more. but with large funds and volume levels will result in being covered by large investors in the market.
therefore many have decided to buy an altcoin as an alternative. Even with taking the risk, the important thing is to be good at managing price movements and knowing when to buy and knowing when to sell.

Agreed, health issue is bit exception to the rule. Personally, I have health care card cover by my company plus health and life insurance if ever I will caught disease since my family has a history of critical illness. I usually sort out my finances so that I can save later for my future. I don't want to be a burden to anyone and I choose BTC as my future investment that's I why I decided to this way since my health already covered.   

Yeah, I can feel that too. Can't resist the temptation to sell bitcoin at a higher price, but the truth is bitcoin continues to grow even higher, left regret in my heart why I sold it previously at $1000, $2000, $3000, $5000, and so on. The first faucet I ever involved paid BTC0.02, it was nothing at that time, only worth probably $0.18, but look at the rate now, quite valuable. However, BTC1 at the moment feels too far away from the standpoint, not sure when I will be able to accumulate it, maybe in the next year.

Kinda envious to those 7 people who voted yes as I submitted my answer. Obviously, mine is NO.
Yep, 2020 is almost done and I'm far from owning 1 btc. Well, I had earned btc's way back 2018 but due to financial difficulties in 2019, I had to use it for my expenses and to support my partner who was taking his licensure examination that time. I can't remember the exact amount of btc I had back then but I'm guessing that if I didn't spend it and combined it with my current earnings, I think I'd be somewhat closer to having 1 btc.

Well, I have no regrets though. Glad btc was able to help me during that time when I needed money the most.


I'll surely try my best to reach one so that the next time I encounter a poll like this here, I'd be one of those who'd vote yes.  


Oh, I like this meme. It is indeed time for plan BTC.

Today I could have had my hands on more than a 100BTC. Like many I have made my mistakes along the way. I remember when I was trading alt(shit)coins back in 2014! Let me forget that

I am not rich bitcoin speaking but looking at the poll it seems like I am already into the minority of those who can boast a full bitcoin.
To me, no matter the price, bitcoin opened my eyes on some aspects I had completely no clue about before: economics, game theory, cryptography. During the years I have been able to work in a company that was looking for bitcoin experts and that made me a living.
For these reasons, whatever the price, I will be grateful to satoshi forever.

Absolutely, I'm almost always pessimistic with investments, because I'm not a frequent trader, but rather in it for the long term investment. So, to me short term effects aren't something I usually overthink, or even analyze. Obviously, my ballpoint figure there is at the low point, and is quite frankly a guess without any evidence, or supporting reasons to expect that. The same as with the majority of investors, and others on this forum. Honestly, I expect it between 8-10k based on a personal hunch, and that's pretty much all I have to back that up.

Again yeah, history may well indicate the opposite, however I'm talking from a principle point of view. Personally, I wouldn't want to invest blindly because of the fear of missing out. Personally, I would have liked to evaluate the market, how its behaved in the past, and that's the reason for my pessimism. I usually, am more inclined to encourage people to expect the worst, rather than encouraging them to think they are going to get rich no matter what. That's simply because I don't want people to be investing because of my viewpoints. Again, talking from a purely principle point of view, you shouldn't be investing in something because someone else said that you should, even if that person has a proven record.  That doesn't mean, you'll earn less if you completely regard what I've said, in fact if you take more risks, you're probably more likely to earn more, but also earn less. It's a slippery slope, and I believe personally that people rely on the opinions of others way too much.

I'm also terrible predicting the weather so there's that. Its come to the point I don't even look anymore, and it is what it is when I get outside. Honestly, very similar approach I have with Bitcoin, I only ever hear of the Bitcoin price through news, rather than checking myself

I made that mistake as well

If I had never invested in any altcoin I would have more or at least the same btc as I have now.

Imo, it is better to go 100% btc in the long run. Or at least 70-80% btc

What matters in the end is how much btc you hold, not how much are your altcoins worth (imo)

It's getting harder and harder if you have to start from half or 1/4 of a BTC
That would mean in terms of $ for a lot of people more than 10 monthly wages, so unless you're from first world country and have a well-paid job this will be out of reach, after all, it's impossible that more than 21 mil people can get their hand on one, right?  


Hmm, quite the little bear, aren't you a bit too pessimistic about it? 8k would match the last year's December dump, I don't see any reasons for it to go that low, and I also think that we will not see some instant drop probably a long term adjustment with a lot of ups and downs. But, note that I have a habit of failing predictions (be it price,hashrate, elections, weather) with an accuracy that makes me wonder myself what the hell I'm doing.  


It shouldn't, but you see, history is telling new investors the opposite, even if you would have invested during a "FOMO" period in BTC it is quite likely that you have made at this point a profit, most likely the number of people that bought over 18,600 (price right now) is way below 1%, this, combined with the whole 'hodl" movement it will go probably will get a lot of people in trouble next time, or the time after that.

From today's perspective it certainly looks rather strange - but only 4-5 years ago it was possible to earn 1 BTC only with the help of faucets - and if we go even further into the past you could get as much as 5 BTC for one solved captcha. Gavin Andresen faucet is an obvious example of what happened in just 10 years.


I still have a good chunk of the coins which I earned in that period, mostly from 2015 when the BTC price was close to the $200 level and stable for quite some time. I think that anyone who holds BTC for a longer period (5+ years) can expect similar results - because we are just entering the phase when the big players will enter the game.

No not yet I still don't own 1 whole Bitcoin up to this day.
But I will keep on pursuing it I won't stop till I finally manage to save 1BTC.
I was almost close to having it but I needed to use the money for my own health.

No, I don't own 1 Bitcoin currently, although there is more than 1 BTC on my wallet, but it's escrow funds for the campaign. Once a time when BTC was ATH that time I own more than 1 BTC. But unfortunately lost my portfolio, most likely I will own it again if the alts market goes bull run. Because I am holding a few shitcoin.

Seems many millionaire investing in bitcoin and bitcoin price growing rapidly. If price continues its trends then true it will be complicated to own a BTC after 2020. Sadly I don't think I can gather 1 BTC end of this year unless the alts market shows a bull run.

As long as you have 1 bitcoin and above, the wealth starts from there immediately, and that's the point op is trying to talk about, the profit equally ROI moves faster when holding 1 btc for a very long time, not bad having more than enough though.

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I only came to this forum earlier this year and unfortunately haven't accumulated up to that amount of btc, as this will be my next dream before the 3rd bull run happens, meanwhile I have missed out the 1st and 2nd bull run, but I strongly believed bitcoin will be dumped to $10,000 in coming time.

End of year! I may or I may not depending on some personal factors, quite alright i have been accumulating in both btc and some valuable alts but life is full of uncertainties, things that will compell you to want to sell some part, anyways, just few weeks to year end and am excited to know how the market will react in terms of price, will there be a run for alts as well like we have witness with btc this past couple of days!

I won't be saying how much I own in Bitcoin or whether it is 1 BTC or not. But I can say that everyone of us are trying to be as rich in BTC as possible. That's always the goal. The future of Bitcoin is already unfolding right in front of our very eyes. When the old dirty players will come into the Bitcoin market, the price will doubtless rise. These people are the ones who own the world's wealth. They are now slowly pouring them into Bitcoin. This the ultimate sign. We are running out of time. Forget the 1 BTC, try to have more.

Actually, I also tried very hard this year to get myself 1 BTC. The fact that I was a bounty hunter and the Covid-19 plague ruined everything. The potential projects that I market to help them all fail or fail to raise the desired funding. So it seems that this year I have not been able to increase my assets, even though I am in debt. Owning 1 Bitcoin is really difficult with bounty hunter right now, only speculation brings wealth easily but I have no money

I completely understand the mentality behind those that do invest at these all time highs, and little surges Bitcoin has had. That's without being in the red as you put it. I do think your advise was sound, although ultimately its their decision. It's usually a good time to give it some time after a surge to see if its worth waiting a little while before investing as normal. I do think regular investments of what you can afford are a good idea though, but I do have a bias as I'm a supporter of Bitcoin not only because of the potential to earn a lot of money, but the technology behind it. So, ultimately I have a scewed view of Bitcoin being successful in the long run, and I know we all have different criteria for success, Bitcoin is undoubtly successful in was it was created to do, but I definitely have visions of its potential being reached.

I have bitcoin, but it's not 1 bitcoin yet, and still accumulating more, hoping to have 1 bitcoin by the end of the year.

Because of the pandemic that causes lockdown for how many months, I need to convert my bitcoin to have money for food and emergency purposes. And lately addicted to online shopping because of the big sales of popular online stores in our country. But right now, I'm back on track earning more bitcoin.

Here in Brazil we are in ATH since August (USD/BRL is helping BTC here  )



I don't know if all of them are holding until now, but some of them sold a little at some profit. I understand them, as they were in red for almost 3 years.


I do as well. I hope it doesn't go that deep, but it is possible... anything can happen here.


I have another friend who buys every month, and I recommended him not to buy this month when he asked my opinion. I don't know if that was a good advice, but I think the odds are higher that bitcoin price will get lower than it is today in short term.