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Topic: We dont own enough bitcoin - page 4. (Read 1065 times)

full member
Activity: 532
Merit: 181
January 10, 2024, 02:53:50 AM
#91
Bitcoin total supply is only 21 millions. How many bitcoins you can accumulate totally depends on you.

The warning is only spend money you can afford to lose, for investment in bitcoin.

You need money for your life and family so please don't use all money to buy bitcoin or anything else. It is risky for you, your life and your family.

DCA to accumulate Bitcoin with time and also never forget to have money for your life like the above warning.

Exactly, don't use all your funds to invest in bitcoin, it is not an investment that you will rush on to get profit fast, it is better you keep your self calm and invest as your on risk, because I see some people investing in bitcoin with all their property which is not supposed to be, anyone knows that bitcoin is a good investment that will bring you huge profit when you can save it for a long term like 3 to 4 years, so if you sell all your property and you don't have any source of income and probably something comes out, And you need money to fix the problem and probable the bitcoin you invest likely decrease, and you will have no choice but to sell it to solve the problems and you will undoubtedly sell it at a loss, because you did not give it enough time before selling it. That is why it is preferable that you do something that will generate income so that even if you invest in bitcoin you will not touch your coins, he will be in a save wellet for a long term.
full member
Activity: 807
Merit: 150
January 09, 2024, 10:38:24 PM
#90
If we have this mindset then we will always be trying to get as much of it as we can. Lets face it, getting BTC is at this point more rewarding for the average person than buying Real Estate, Gold, Silver, Oil stock, etc. Lets keep stacking! I DON'T HAVE ENOUGH, WE DON'T HAVE ENOUGH!!! STACK SATS!!
Not everyone is like that in my opinion. People who tend to be interested and consider BTC more useful as an investment asset will choose to pursue BTC with the above mindset. People who are interested in real estate assets will invest them without enough.
Personally, I always try to balance BTC, real estate and gold.
I agree with you, not everyone considers BTC as an asset that they can invest in even though they have learned about how to invest with Bitcoin because they are still unsure about investing in Bitcoin.
What you have done is very good by balancing investments in Bitcoin, real assets and gold, of course you will be able to enjoy the benefits of the three investments you make.
full member
Activity: 1414
Merit: 236
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January 09, 2024, 01:26:19 PM
#89
Quote from: kojektea
we will never have enough I think because wealth in bitcoin seems limitless. just like you have become a millionaire, here there are still hundreds of millionaires or even billionaires in the bitcoin world, it seems that reaching the top is indeed difficult. I hope we understand that this is not always about greed, however, everyone here is a businessman and investor, everyone wants the profits from bitcoin. .
Even though you get exactly what you are looking for in life, you will still have something that you will need to achieve which is the mentality of humanity in the world, which is very difficult to handle as an investors.

 If you're the type of person looking for enough money to start BTC investment or looking for enough money from BTC before you will quite the business, I think it will be very hard for you to quit easily because, whenever bull run occur in the market you will like to take more money and if you  don't have anything to sell , you will regret at the moment..
sr. member
Activity: 1680
Merit: 288
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January 08, 2024, 04:19:43 PM
#88
Bitcoin has a way of making people mad I think, it's so powerfull one might become obsessed with it.

As said before you have plenty of things in life to do to become "happy".

It's a good goal to have some but is it really that important ?!



Yes, the obsession is important. Don’t be too obsessed but it’s totally fine to feel the need to own some Bitcoins. Bitcoin doesn’t make one happy (directly). But if you hold it and the market goes green, who wouldn’t be happy about that? I guess that’s where the OP may be driving at when he speaks of not having enough. Because the more you own the more you could earn. But that’s not the only thing from Bitcoin that makes it worth the obsession… the fact that it takes out middlemen and lets us have direct access to our funds is another thing.
sr. member
Activity: 546
Merit: 265
January 08, 2024, 03:11:52 PM
#87
Of course yes there is always depreciation in extracting from a stagnation and the point of settling offers no growth.
Accumulating of Bitcoin is the craving for more so that the puse doesn't run empty. The conciousness of running low of Bitcoin is the keyword enforcing the velocities to gather more of Bitcoin. There is always needful reason in why we should accumulate more of Bitcoins with the fact that the more you spends is the more need you should accumulate more so that you don't run a bankrupt.
sr. member
Activity: 1820
Merit: 436
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January 08, 2024, 01:24:24 PM
#86
The thought and belief of not having enough of something brings forth the constant pursuit of that object. Thus, acting as if we never have enough of a resource will allow us cognitively to always be looking to acquire said resource and then eventually this will lead to a surplus, right? Gosh I hope so! Becuase I sure need to get more BTC and I don't have enough!!!

I was just watching a youtube from KITCO NEWs with Gary Cardone. Thats right, Gary Cardone NOT his asshole brother Grant Cardone LMAO!!!! Gary had a lot of great things to say that were extremely logical and bullish. I'll put the link in here later.

If we have this mindset then we will always be trying to get as much of it as we can. Lets face it, getting BTC is at this point more rewarding for the average person than buying Real Estate, Gold, Silver, Oil stock, etc. Lets keep stacking! I DON'T HAVE ENOUGH, WE DON'T HAVE ENOUGH!!! STACK SATS!!

I mean for sure, I haven't even accumulated 1 Bitcoin yet in the years of trading and investing in Bitcoin, maybe I did spend some of my profit for sure on other things but for sure Bitcoin these days was just too expensive for some people since its already reach a very high price in the market and already started to skyrocket. It's not going to be easy for sure to accumulate Bitcoin but it is surely a worthwhile thing to do if you are planning to invest in cryptocurrency, even though Bitcoin has already skyrocketed there is still so much potential that it could still skyrocket up to even a 100k$ or probably in the future even 1million$.

Still, it is still not a bad thing to sell at a profit, because Bitcoin investment or probably just investment is all about profit it wouldn't make sense to some if we are just going to hold forever i mean we did invest in the first place to earn a good profit.
legendary
Activity: 2436
Merit: 1561
January 08, 2024, 12:33:20 PM
#85
/snip/
People are just different and this difference is what set us aside in reasoning and in general lifestyle. These are different samples of people in bitcoin investment;
  • Those who sell their properties to invest in Bitcoin  
  • Those who keeps buying and believing that bitcoin may worth a million dollars in the future  
  • Some who might starve, I mean not live a comfortable life in order to invest
  • Some who believes that the reason they are investing is to have a good life and immediately they have money, they start living a good life

As said, there's more to life than bitcoin investment. In as much as I encourage us to buy bitcoin, we shouldn't do weird things to acquire it.

Sure, but that wasn't really my point. What you've listed is nothing more than different approaches to acquire bitcoins and weir ways of acquiring them, but whatever way you choose you should still have some idea of what are you doing all this for and have some goals set. You could hold a small amount of btc and hold it forever for no purpose and there's nothing wrong with it. A lot of people here (myself included) would feel uncomfortable with not having any bitcoins. But when your holding becomes a significant percent of your wealth, then you have stop and ask yourself what do you want to get out of it.
Some people could choose to hold as they believe it's a good store of value or a better investment than anything else, maybe even to pass it on to the next generation  In such case, when most of your financial needs are already satisfied and you don't have any pressing need to spend your money on - just make sure your family will have access to your holdings if something unexpected happens to you.
hero member
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Merit: 784
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January 08, 2024, 08:30:08 AM
#84
I don't believe in mindset advice and stuff like that. This post is about "I don't have enough" mindset as the right one. Today I also read a thread that was about not desiring money to become rich, which is sort of the opposite.
People should do whatever feels right and natural to them, whatever has a positive impact on them. Envy is bad, greed is also bad. Having some motivation to obtain more BTC is alright, and being chill about money is alright as well. Moderation (being moderate) is one of the best ideas of humanity, IMO, and it applies in this matter as well as in any other.
I believe the "I don't have enough" mindset can be useful as a boost to encourage you acquiring and working more to achieve better results futurely, although as you said, moderation is one of the best traits to be practiced by humanity. It means we should know how further we can push ourselves, while respecting our personal limits, and once we reach them, it's time to replace the "I don't have enough" mentality by the "I have enough, under my current conditions" mindset. I believe the conscience of having done the best we could have is what really matters in the end. That is what brings inner peace, fulfillment.

Those who persue the maximum, the pinnacle, the supremacy end only frustrating themselves and prejudicing their mental health, because there will be always someone one step ahead of you, and someone one step ahead of who is above you...
hero member
Activity: 1316
Merit: 787
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January 08, 2024, 08:14:14 AM
#83
The thought and belief of not having enough of something brings forth the constant pursuit of that object. Thus, acting as if we never have enough of a resource will allow us cognitively to always be looking to acquire said resource and then eventually this will lead to a surplus, right? Gosh I hope so! Becuase I sure need to get more BTC and I don't have enough!!!
Putting it in a positive perspective, this mindset will be good because it will produce positive energy to make something a goal come true.
The end of this way of thinking is that if it is done by someone with a negative character, the results will not be good.
Everyone has targets and targets must have limits. If targets 1, 2 and 3 have been achieved, then end it and enjoy it so that the next person will do it.

If we have this mindset then we will always be trying to get as much of it as we can. Lets face it, getting BTC is at this point more rewarding for the average person than buying Real Estate, Gold, Silver, Oil stock, etc. Lets keep stacking! I DON'T HAVE ENOUGH, WE DON'T HAVE ENOUGH!!! STACK SATS!!
Not everyone is like that in my opinion. People who tend to be interested and consider BTC more useful as an investment asset will choose to pursue BTC with the above mindset. People who are interested in real estate assets will invest them without enough.
Personally, I always try to balance BTC, real estate and gold.
full member
Activity: 2590
Merit: 228
January 08, 2024, 05:31:00 AM
#82
The thought and belief of not having enough of something brings forth the constant pursuit of that object. Thus, acting as if we never have enough of a resource will allow us cognitively to always be looking to acquire said resource and then eventually this will lead to a surplus, right? Gosh I hope so! Becuase I sure need to get more BTC and I don't have enough!!!

I was just watching a youtube from KITCO NEWs with Gary Cardone. Thats right, Gary Cardone NOT his asshole brother Grant Cardone LMAO!!!! Gary had a lot of great things to say that were extremely logical and bullish. I'll put the link in here later.

If we have this mindset then we will always be trying to get as much of it as we can. Lets face it, getting BTC is at this point more rewarding for the average person than buying Real Estate, Gold, Silver, Oil stock, etc. Lets keep stacking! I DON'T HAVE ENOUGH, WE DON'T HAVE ENOUGH!!! STACK SATS!!
So where is the link you promised to put in here? 

Stocking gold is  what people does over the years same as silver and other metal assets , others now are stacking their funds inside real estate in which also good source of passive income.

But good to know that Bitcoin now is one place where people are putting their money , online currency is the future of other people like us now.
hero member
Activity: 1008
Merit: 702
January 08, 2024, 04:06:13 AM
#81
The thought and belief of not having enough of something brings forth the constant pursuit of that object. Thus, acting as if we never have enough of a resource will allow us cognitively to always be looking to acquire said resource and then eventually this will lead to a surplus, right? Gosh I hope so! Becuase I sure need to get more BTC and I don't have enough!!!

This is how the human minds works and everyone today is looking for a way to multiply their savings and have a stable income that will make them to being able to achieve anything they want in todays life. I don’t blame those that are in search of wealth so much, it is their test and if they don’t do it, no one else will help them get the money. Also, I respect those that look into other things that they can achieve in life because when you look deeply into it, life is not always all about making that money, there is more to life than that and the earlier you know and plan your life well the better. The quest for wealth is limitless so every human will in one time have that mindset and will work towards achieving it.

we will never have enough I think because wealth in bitcoin seems limitless. just like you have become a millionaire, here there are still hundreds of millionaires or even billionaires in the bitcoin world, it seems that reaching the top is indeed difficult. I hope we understand that this is not always about greed, however, everyone here is a businessman and investor, everyone wants the profits from bitcoin. .

You have said it all and I agree with your inputs into this. Greed is just one thing that when you’re greedy you’ll feel it within you that you are already. But the quest for wealth most times is being regarded as one being greedy at some point. I feel when you haven’t achieved what you want and you’re sure of still making it, it is not bad to always try. But once that notion of greed enters you, it is better to stop and enjoy what you’ve made so far so that you don’t lose all in the end. The quest for wealth is just like gambling that when you get too excited of winning and wants to win more, you might end up losing them all.
sr. member
Activity: 1666
Merit: 426
January 08, 2024, 03:34:42 AM
#80
The irony is that when we reach that number or amount of bitcoin that we think is enough, we're never satisfied. I remember that time when someone told me something about "it's the journey and not the goal that we should be thankful for", this isn't the exact aphorism that was said to me because it was said to me during one of those drinking sessions but the point of the quote is that it's the accumulation that is fun and not reaching that goal, I mean I agree with that because we've got billionaires because of that kind of attitude.
hero member
Activity: 1344
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January 08, 2024, 03:11:21 AM
#79
In fact a user always tries to buy and stack his bitcoins. Likewise, people always try to hold onto and earn their money to grow it. But if I had enough money I would definitely buy and hold Bitcoin which would motivate me to wait until the bull market. But there is much more to stocking than this bitcoin but I have always been a big believer in bitcoin and it is a store of value that will grow exponentially over time. If real estate and gold can be bought and stocked with the same amount of money, it would be possible to get double the amount of profit. But it is true that investing should not only depend on Bitcoin but investing in other real things as well will be much better and great way of earning. When you are limited to only Bitcoin it may give you a lot of profit after a long time but when you invest in other things you will be able to earn a lot from it at any time.
I really like your Bitcoin view. It feels like we're in a special club that appreciates Bitcoin's value store potential. I believe in diversity like any smart club member. Like a buffet, why choose one meal when you can try everything?

Bitcoin investing is like tree planting. It takes time to grow, but it provides unique shade. Imagine investing in gold or real estate with it. Imagine adding a hammock and picnic table to your garden. While waiting for the tree to grow, you're enjoying the garden.

Here, things grow fascinating. Diversification maximizes possibilities and spreads risk. By investing in many assets, you're actively participating in the financial world and ready to capture chances, not just in the Bitcoin bull market. So, while our hearts may belong to Bitcoin, lets not forget to play the field a bit.
sr. member
Activity: 700
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January 07, 2024, 11:22:47 PM
#78
In fact a user always tries to buy and stack his bitcoins. Likewise, people always try to hold onto and earn their money to grow it. But if I had enough money I would definitely buy and hold Bitcoin which would motivate me to wait until the bull market. But there is much more to stocking than this bitcoin but I have always been a big believer in bitcoin and it is a store of value that will grow exponentially over time. If real estate and gold can be bought and stocked with the same amount of money, it would be possible to get double the amount of profit. But it is true that investing should not only depend on Bitcoin but investing in other real things as well will be much better and great way of earning. When you are limited to only Bitcoin it may give you a lot of profit after a long time but when you invest in other things you will be able to earn a lot from it at any time.
sr. member
Activity: 980
Merit: 311
January 07, 2024, 10:44:21 PM
#77
To those who can make the right predictions about Bitcoin, Bitcoin is something bigger than any other valuable asset. Bitcoins are still within the purchasing range of the general public and they can still collect Bitcoins if they try, but after 2024 and 2025, Bitcoin will reach unexplored heights and it will be difficult for everyone to collect Bitcoins.
Those who predict these things and try to accumulate bitcoins with quick decisions can become the owners of bitcoins. There are also many who are slowly trying to accumulate bitcoins as they can. After the discovery of Bitcoin in 2009, many people did not hold Bitcoin even though they got it at a very cheap price, but with the change of times, today they are regretting it, so considering the future, those who do not take the right decision now will also regret it at some point.
hero member
Activity: 2716
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January 07, 2024, 07:54:36 PM
#76

If we have this mindset then we will always be trying to get as much of it as we can. Lets face it, getting BTC is at this point more rewarding for the average person than buying Real Estate, Gold, Silver, Oil stock, etc. Lets keep stacking! I DON'T HAVE ENOUGH, WE DON'T HAVE ENOUGH!!! STACK SATS!!

That, I don't think I agree with. Not being too biased with bitcoin, but it would better not to keep your money in one investment model. Those that you have mentioned above especially real estate and oil stocks are forever rewarding, bitcoin might be much profitable than the rest at some point, but how about sustainability? Don't get me wrong, I am all for bitcoin, but I just want to be more realistic as possible here. Without a doubt, bitcoin is very profitable, but anything could happen though and it would be better if you have other investments too, especially those that are not going to be affected much by any financial crisis, unexpected circumstances and natural calamities.
legendary
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January 07, 2024, 06:59:37 PM
#75
OP try not to get too obsessed on a single thing. Yes Bitcoin will be worth a lot more in the future as adoption grows and Bitcoin becomes a global currency. But there are other things in life haha. Even other investments. Just keeps accumulating bitcoin when you can, but don't obsess over it.
Bitcoin creates huge potentials for substantial profits, but we also know that bitcoin is susceptible to losses so we should learn to set a balance, and get rid of obsession as it will never bring positive effect on your investment. Invest at your own risk, which means only invest on an amount that you can afford to lose.

While bitcoin investment can easily make us prosper, but it could also lead us on the contrary. My point here is, don’t decide to invest if you’re not ready. And even if in the future we will own bitcoin, know that it will never be enough but it can be good enough for us to experience financial success while working on the process.
legendary
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January 07, 2024, 10:08:21 AM
#74
I don't believe in mindset advice and stuff like that. This post is about "I don't have enough" mindset as the right one. Today I also read a thread that was about not desiring money to become rich, which is sort of the opposite.
People should do whatever feels right and natural to them, whatever has a positive impact on them. Envy is bad, greed is also bad. Having some motivation to obtain more BTC is alright, and being chill about money is alright as well. Moderation (being moderate) is one of the best ideas of humanity, IMO, and it applies in this matter as well as in any other.
hero member
Activity: 1008
Merit: 540
January 07, 2024, 09:01:46 AM
#73
One question I would love to ask is this, how much is enough Bitcoin for you?
By answering this introspectively, one can ascertain how much they need to accumulate that wouldn't affect their own financial life and emotional health, because money is one very important factor for every man and if investment in BTC is the way thought out to gain financial freedom, then when it would be enough is when one has been able to complete their investment plan and only waiting for the duration to elapse, so as to cash out.
I think his thinking more or less 100bitcoin for sure, and thinking that if he can bring back time he would buy more bitcoin than ever , and about money thats what im talking about in my last post money is the key for daily living because fact that we can't live without money, Even if you had a good financial status to had enough money to complete investment per month that doesn't mean its already good for the success to near future.
copper member
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January 07, 2024, 04:25:13 AM
#72
Absolutely, there is no amount present that is sufficient for us. More the merrier, I mean you won’t get any harm if you just add as many Bitcoins as you can. Bitcoins are very rare coins, hence it’s better to have large quantity of coins in your wallet. When the demand to accumulate the coins will increase, the price will also go up. Hence at that time if you have sufficient amount of coins in your wallet, then you will make great amount of profits. So buy the coins at regular intervals.
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