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Topic: We dont own enough bitcoin - page 8. (Read 1065 times)

sr. member
Activity: 854
Merit: 424
Playbet.io - Crypto Casino and Sportsbook
January 04, 2024, 11:03:33 PM
#11
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.
sr. member
Activity: 630
Merit: 277
January 04, 2024, 08:27:25 PM
#10
I hate it when some posts on this Forum act like we are some cult or something.

It is in my opinion not healthy when Bitcoin becomes as important to you as the air you breathe.  Bitcoin is very rewarding and has changed lives for the better, but it has changed lives for the worse too.  How?  Easy.  Greed, ego and such.

Stack Bitcoin but do not forget there is a life to live.  A family to feed, other investments to make.  Some of them in yourself.

Let's not deceive ourselves acting like we are doing too much by wanting to own things of value, I mean no one gets tired of making money! This is just the human nature! Our wants are insatiable and thanks to Scarcity for this. Because the commodity is scarce, people will always struggle to acquire more, nobody wants to stop at a particular level. After getting one, we always aim for two. You call it greed? Yea we all have that atom of greed in us. All this we do just to better our lives. Of what use will it be if we keep accumulating more and more Bitcoins without taking out time to enjoy what we labour for? Living a comfortable live is as important as the air we breathe and accumulating more Bitcoins guarantees us that
legendary
Activity: 2464
Merit: 1387
January 04, 2024, 07:35:16 PM
#9
I agree with Darker45 - the ones who are not looking to get as much Bitcoin as possible but
are actually into Bitcoin are in a minority.

Didnt Michael Saylor once say that he would go to bed worrying that he didnt have enough
Bitcoin accumulated he probably is still worrying!

Everyone around here knows at this stage where Bitcoin is going so we are all looking to increase
our Bitcoin, it doesn't stop me from living my life and doing other stuff but I have Bitcoin on
the brain !
legendary
Activity: 2576
Merit: 1860
January 04, 2024, 07:03:35 PM
#8
Bitcoin is wealth. Human beings are insatiable. So it is but logical and natural for human beings to not stop accumulating that which they desire. I have yet to hear a person who says I'm done earning money and from this day on I won't be looking for money anymore. On the contrary, even people in their old age want to make more money, not necessarily by working but they want to grow their wealth. This is probably the same explanation with people not having enough Bitcoin. But for as humans, echoing Nietzsche, it's probably the desire rather than the desired that truly drives us.
hero member
Activity: 3066
Merit: 629
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January 04, 2024, 06:55:39 PM
#7
It is part of human nature that being contented is an endless thing. If we achieve something that we'd say will make us content, that will end up when you see someone who's more successful to you.

Lets face it, getting BTC is at this point more rewarding for the average person than buying Real Estate, Gold, Silver, Oil stock, etc.
While I want to say that BTC had me more money than the other assets. I wouldn't argue with the fact that someone from those other industries that can have the same feeling as us telling everyone that they've made more money from those that you've mentioned. As long as you're in and you know what you're investing, that's what matters and with the assets that we have means so much to us because it had changed our lives. If you're privileged to stacking more Bitcoin, that's nice. Because someday in the future, all of your efforts of accumulation and wait will be worth it.
legendary
Activity: 882
Merit: 1873
Crypto Swap Exchange
January 04, 2024, 06:43:32 PM
#6
I hate it when some posts on this Forum act like we are some cult or something.

It is in my opinion not healthy when Bitcoin becomes as important to you as the air you breathe.  Bitcoin is very rewarding and has changed lives for the better, but it has changed lives for the worse too.  How?  Easy.  Greed, ego and such.

Stack Bitcoin but do not forget there is a life to live.  A family to feed, other investments to make.  Some of them in yourself.
full member
Activity: 1484
Merit: 136
★Bitvest.io★ Play Plinko or Invest!
January 04, 2024, 06:34:07 PM
#5
There is more to life than just bitcoins or acquiring wealth though. Don't get lost in chasing your tail. I said it plenty of times before, it's always best to have some goals set in life, i.e. knowing why exactly you want to acquire more bitcoins, how many are enough, and to what point are you going to hold them.
Collecting sats just for the sake of it sounds a bit silly.
And that's not even to mention all the "don't keep all your eggs in one basket" rule etc.
Exactly, I'm not against bitcoin; in fact, I also want to stack more Satoshi or bitcoin if I have the capabilities, and that's what I'm doing, but I'm not stuck in bitcoin only; I have more ways to earn because I know there are more ways to have profit than bitcoin or crypto currency.
Bitcoin may be a better investment than real estate, but what if you do both? then more profit, right? They are both assets, and both can bring profit to an investor, so let's not limit ourselves to bitcoin only if you have goals in life and you want to achieve more or buy things you want. Then, keep on finding ways to earn based on your abilities and explore more; bitcoin is not the only thing you can have. Be more ambitious in the sense that you will focus more on growth and wealth. Having more things in your hand is better than having only one thing, right?
hero member
Activity: 910
Merit: 507
January 04, 2024, 06:23:51 PM
#4
I may not have accumulated surplus Bitcoin at the moment,  but then I am thankful for my aggressive Bitcoin accumulation in the early days of my involvement and that has helped me to accumulate at least an amount that I am contented with at the moment and since I have the understanding of the fact that Bitcoin holding or accumulation is not a do it one day or one year thing, it makes me be more relaxed in my pursuit since I know that even if I may not have accumulated enough bitcoin this time before the coming halves, I still have a long time ahead to prepare for the next one so I won't beat myself for not meeting up to my desire at this time.


I advise others to also have the same kind of mindset also and avoid being too aggressive in their pursuit of desired Bitcoin rather they should make more plans and stick to their goals for a ling term benefits.
sr. member
Activity: 882
Merit: 457
January 04, 2024, 05:50:26 PM
#3
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!!

If we look at bitcoin price movements, everyone wants more bitcoin, especially considering the high possibility of halving and ETF approval, making the price of bitcoin move up in the last month. More Bitcoin will make us get bigger profits and we can buy bitcoin with the DCA mechanism so that the bitcoin we have continues to increase.

However, if I have a lot of money then I will not save all my money in bitcoin because after all bitcoin has high risks. I will divide my money into 3 forms. Firstly in fiat form, this is used for daily living needs, secondly in the form of low risk investments, I will choose gold and this as a reserve if I need money suddenly, thirdly of course in the form of bitcoin, bitcoin will be long term savings which I will continue to hold and will not sell and perhaps will pass it on to my children and grandchildren in the future
legendary
Activity: 2436
Merit: 1561
January 04, 2024, 05:49:06 PM
#2
There is more to life than just bitcoins or acquiring wealth though. Don't get lost in chasing your tail. I said it plenty of times before, it's always best to have some goals set in life, i.e. knowing why exactly you want to acquire more bitcoins, how many are enough, and to what point are you going to hold them.
Collecting sats just for the sake of it sounds a bit silly.
And that's not even to mention all the "don't keep all your eggs in one basket" rule etc.
hero member
Activity: 1386
Merit: 599
January 04, 2024, 05:35:19 PM
#1
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. https://youtu.be/6t2wjT9s0xE?si=Opc4s1B8K83Q9SmS

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!!
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