Topic: We dont own enough bitcoin - page 5. (Read 1065 times)

Humans have thoughts and have decisions to choose from, not everyone has good financial resources and humans are required to be more productive in whatever they do.
Acting on carelessness and not getting a good understanding is also wrong because it will put them in a new trouble spot, this is the problem and where should they start taking their approach?
Everyone should own BTC if they think it is the path to freedom, the question is where can they start when there is no money to buy?
Some people suggest the dca pattern but is it possible for people to get involved in investing when their finances are unstable for living needs. There needs to be a plan and there needs to be a strategy to think about financial problems because the most difficult thing is fulfilling needs, not how someone gets involved in bitcoin.

don't you think this type of mindset can also give great amount of depression? because always thinking about something and thinking that I don't have enough or why I don't have any is somewhat frustrating in my opinion.
for some people that might be a way to get motivated and work more and harder to achieve that goal. but for some people that can be depressing because they have lack of resources and opportunities to achieve that. now take Bitcoin for example. if someone don't have anyway to accumulate any amount of bitcoin. then isn't constantly thinking about not having any is irrelevent?

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 ?!

I would love to have more bitcoins as well but at the same time be careful not to put all your eggs in one basket: I also like to invest in the stock market for example, which of course is kind of risky as well but not as bitcoin. I strongly believe that bitcoin's gain will outperform the ones from the stock market but I don't feel comfortable to bet only on bitcoin.

It is all in the perspective of the holder how he sees things on this market.
We all feel the emptiness or lack of in any investment that we venture of.
So this is just like any other investment that we want to get a hold of.
It is up to us how we can maximize our assets to its potential, and get good profits from it.

True! I don't have enough Bitcoin. I see other people and how much they are investing in Bitcoin, and I know that I am not doing enough. I really need to do my best and buy more Bitcoin, especially now , I just need to stack up .

No. You actually have enough. Mentality like this can make people undermine what they have and may rather want to sell it out since it’s almost nothing to them anymore. It’s okay to chase more but don’t fail to acknowledge that you’ve tried at least. If you buy $50 worth of Bitcoin, give your self a pat on the back, you deserve it. It’s not always about who has the most Bitcoin. There are other things that matters in life too. Do you not have responsibilities? What if it’s too much that one can’t afford purchasing more BTC.

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.

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.

Thank you for at least talking sense to the OP, I don't know why some people take the issue of Bitcoin too much, maybe they are faking it, I don't know. They take Bitcoin as if there have never been assets before it and as if there will not be assets in the future which we haven't known yet. Bitcoin is a good way to make money, but will never be as good as in the early times when Bitcoin was still low in price, at this level, we can still continue to buy our coin and expect for the best with the returns. But this shouldn't let us lose focus on other things in life and even on other assets that can bring profits, Bitcoin is just an asset and a way for investment and we should be happy for knowing it but not excessively as if nothing matters again.

If we could maximize our profits in it as well, fine, but we should do our best and leave the rest, life goes on. Not that we will be having some kind of sleepest night because we can't own so much Bitcoin or we want to desperately own more. All these can't end well for anyone, and for the ones who really want to own their Bitcoin, let them continue to buy as though they are saving money. This has to be done patiently and with ease, and over time, I am sure that enough coins would have been owned. But nothing must be forced whatever or believe in it only.

definitely yes if we put all the amount in bitcoin and during emergency when we need money then we will sell bitcoin with lower or no profit because we will have no other amount of money for other use. Investment is necessary and bitcoin is the main reason which make the financial system of humans stable but it does not means that don't think about other uses but buy bitcoin with all amount you have.

One can also buy bitcoin little by little with affordable price but don't be in too hurry to get all money in a day. Invest that amount which you can easily hold longer because more you invest less money will be there for your daily needs which means that one day you will sell bitcoin for fulfilment of your basic needs so instead of putting yourself at risk follow the rules and work according to it.

I don't think that much about bitcoin , why is that? here's the simplest answer to that while we im working on earning bitcoin or investment into it, there's more life waiting for me in the real world which can help on my daily basis , collecting bitcoin on daily basis will make you broke or rich one day but doesn't mean you will not need to withdraw it because we have needs everyday and also bitcoin is good investment for retirement when you are good on considering as a life plan.

Yeah this kind of mentality should be removed because every person has some resources but no one admits it easily. If you have the mentality to invest in bitcoins from a small amount not it is possible to hold a little and grow it. Everyone will want to get something by investing in Bitcoin if you get too greedy none of it will work. Gold silver and real estate should not be considered according to their wealth should choose bitcoin investment.

Wealth, in whatever form, is something that does not have the word 'enough' in its dictionary. Whether one has gold, silver, real estate, or Bitcoin, these are all different forms of wealth. This greed never ends in our life, we need more and more no matter how much we have. Someone who doesn't have even one bitcoin will want to get one bitcoin, when he has one bitcoin, then he wants 10 more, and on getting 10, he wants to get more, so this desire for more never diminishes.

So everyone has this mentality, you will not find anyone who will tell you that now I have enough wealth, bitcoin, gold and silver.There is no doubt that Bitcoin investment is the best in the current era, but it is not meant to ignore real estate or gold investment at all. No one should ever invest their capital in one place, but it would be the best decision to divide it into different categories, because a problem in any one place will not result in loss of all your capital.

You need to understand the fact that human wants are unlimited so no matter how much of something you've got, there's still the quest to get and acquire more. Okay now despite the amount of Bitcoins Microstrategy and Grayscale Bitcoin trust owns, still they are hoping to own more when they could have just stopped buying since they've acquired a lot so no one gets enough of what he wants as we'll keep hunting for more regardless of the ones we already have.

Agreed. I would like to follow up with the fact that I would never invest beyond my means and financial obligations unless I made a way to earn it as an income and accumulate it that way. I am all for stacking as many SATS as we can, and what i'm really going with here is that we should really strive to get as many as we are capable of because it is such a scarce asset.

Not having enough of something doesn't technically mean an individual will constantly pursue the object and pursuit of the object doesn't literally mean the person will get it not to talk about having a surplus of it cause it's not about the pursuit of the object but doing something that will generate the object.
It is just like making money which makes mistakes about it. A lot of people pursue money instead of doing something that will make the money find or look for them.

you look very enthusiastic op. yes, collecting bitcoin is of course very good and I personally still collect bitcoin with the dca system and of course only use money that is ready to be lost, and indeed now is the right time to collect btc because btc is not yet Halving and of that course if we collect more btc then the profits will be bigger. but of course in this case it depends on each person because everyone has a different way of investing because some are interested in investing in BTC and some are not and in my opinion in investing it would be better if our invest the most. our money in the real world is like gold and so on because investing in BTC is very risky, so the point is don't put money in one basket, because for me personally, putting money in one basket is of course very high risk. Just imagine if the price of BTC falls very deeply then we will experience losses because usually the crypto world is always full of drama but if we don't put all our money in one basket then if one fails then sometimes the other will succeed, essence the risk will not be too high .

  If Bitcoin accumulates 10 years from now little by little, it can be said if it is possible and a good way. But if during this time and the upcoming halving and bull run a few months from now because you just want to chase it, I don't expect to make a lot of money and buy a house and a car with Bitcoin savings in through dca.

  Because, in my opinion, there will be a lack of time to accumulate a large value of bitcoin in this period, although yes, you will earn, but not that much, unless you can accumulate at least 0.5–1 bitcoin before the bull run.

I realize the value of balance in life, like I live in the countryside but it's not like I haven't lived in ten-storey apartment buildings and lived on the top floors of buildings house, it helps me realize that the house really doesn't have to be beautiful and spacious, it just needs to have the warmth of everyone inside, and whether or not there are superfluous items won't solve the problem much demand.

But that does not mean that people with better material conditions have to return to an austere lifestyle their responsibilities will be greater such as contributing to society and serving everyone. Not the type of control and exploitation, but anyway, society always has many different nuances like we can't bring bitcoin to people in the mountains to use where they don't even know about the Internet, phone, PC,... rather, there is no need to impose a view on life, let freedom be its true meaning and don't think of it as bringing a good life in the wrong way to everyone.