Topic: What is the minimum amount of bitcoin or satoshi should hold for poor? (Read 491 times)

The minimum amount of Bitcoin the poor person can HoDL or invest depends on how much they earn. If a poor person who thinks they are poor have an opportunity as joining and earning from a signature campaign here, a portion of it can be saved, and it would be easier to do so.
Being poor is a mindset actually, the person who thinks they are poor should study themselves properly and shed every unhealthy habit that has kept them poor for awhile now. Thanks for the realization of being poor and forge ahead with a better mindset and see how the statement is reversed.

Well said, but I believe the OP needs to understand something, once you can afford a thing, you shouldn't regard yourself as poor again as poverty is relative, one should carefully use it. Most people who consider themselves poor are not actually poor, they don't just have the financial freedoem which I believe they should continue to strive for.

Emphatically, saving Bitcoin as you have the capacity will go a long way, but ensure that it's regular, and before you know it, you might have had so much BTC in your wallet. Note that Bitcoin is always neutral to all, just find the right wallets that can accommodate the little BTC you can afford. With this advice, the supposed poor person might painstakingly gather more Bitcoin if determined more than the supposed rich people, it's a thing of mindset and how you place your priority.

It's never a crime for the less privileged to save more than the rich, he should just have the will, do his bit and be consistent.

Well, based on this thread which I just created before I saw this one, I personally assumed 2 million satoshis to be a good number to hold for those who feel they are too poor to afford more, based on the current price of one satoshi today which is around $0.000366 like i mentioned in the thread I shared above, 2 million satoshis will worth around $732 dollars, and if you can be patient enough to hold it till 1 satoshi hit 1 cent, then your 2 million satoshi will be worth $20,000 dollars, if it hits 10 cents for each satoshi, then your 2 million satoshi will be worth $200,000 dollars.

The ball is in your court, so it's up to you to decide.

There is no specific minimum number of Bitcoins that should be held and it is a highly individual matter. Investments in cryptocurrencies, including Bitcoin, depend on each individual's financial capabilities and goals. It is important to invest only what you are willing to lose. In other words, you don’t need to jump above your capabilities when investing in cryptocurrency, much less get into debt.

Oh my. You make it sound like Satoshi defined a specific amount for the different classes of people. There’s nothing like that. Anyone (poor or rich) can have any amount of Bitcoin they want.The minimum amount anyone can have is 0.00000001 BTC, which is currently as tiny as $0.00037. So, make no segregations because Bitcoin is money that is designed for everyone to use equally (no one’s own is more relevant).

It depends on what you call poverty in your country because a poor person in some countries might actually be considered rich in others. For instance, a cleaner in US earning like $10 per hour will be treated like a kind in a place like Bangladesh or Nigeria where even the highly skilled and professional workers may not earn that much. Consequently, while someone from US will see 1BTC as a normal amount of money, someone from a low income country will see 1BTC as a life changing fortune.  Therefore, it becomes difficult knowing the quantity of Bitcoin a poor should hold.

Holding Bitcoin depends on a lot of factors. It takes a great deal of courage and determination for the poor to hold Bitcoin especially when their basic needs are not met by their income.

There is no minimum amount of money to hold bitcoins, and not even for the poor person. Bitcoin only depends on how much money you can invest and how long you can hold it. Basically, when you invest in bitcoins it depends on you how long you hold one, and you get profit according to it. If you invest more money in bitcoins, you will definitely get more profit if you hold it in the future. And if you invest a small amount of money then you will definitely get a small profit accordingly. That's why you have to be patient for a long time to get the same amount of money you invest.

Poverty is defined in different ways, so the answer can depend strongly on what we count as being poor. From the definitions I've encountered (here and here, for example), it's quite common to define poverty as not having enough to cover basic needs or struggling to cover basic need. If that's the definition we follow, then there's no amount of BTC a poor person can have because one should only invest what one can afford to lose, and a poor person doesn't have anything to spare.
If it's a more lax idea of being poor by comparison to others, like not being middle class or not being rich, then the amount of BTC will vary on a case-to-case basis.

You can hold Bitcoin has long at you want depending on the nature of the market. There are people that had been holding Bitcoin for a long time and they are still holding till now. All this depends on why you are holding especially for people that are self sufficient. People that have enough funds to buy more Bitcoin to their portfolio when they see that the price of Bitcoin is going down. More people tend to buy more Bitcoin when they see the price going down.  When the price goes up, they may decided to sell their Bitcoin holdings.

I know we're dealing with being broke here though you used the poor person tag. The real poor person won't even be bothered with anything investing as they don't even know where their next meal comes from. Be that as it may, you've to know that in this crypto industry no one is infallible. We're all at best speculators. It's like what happens at wedding where the priest tears out a marriage certificate and hands it over to the groom. People don't graduation on the first day of whatever they're into without first learning it. Yet, a newly wedded couple is handed a certificate. It simply shows thag no one knows it all in marriage. You should see crypto that way while seeking advice. Verify whatever you're told and don't take any advice or suggestions on their face value without doing your own research too. In summary, you will still be the one who will decide what amount of Bitcoin you should hold and that will depend on the cash at your disposal.

Bitcoin does not segregate like other physical assets do, you can owe as any amount you wish to, if you can't afford having the bitcoin standard, you can also have the smaller units in satoshies, and how you could do this is by steady accumulation, when you're also interested in bitcoin it's, you can receive as little as you want or were being capable of, we are having this privilege because it's a decentralized digital currency, anyone can decided on what to do with his cryptocurrency at anytime or Invest at any rate or amount.

I don’t get it, how the hell poor person is kept here? I mean what amount determines that whether you are poor or rich? This is just a stupid question according to me. If you want to invest in Bitcoins then just follow the 40:30:30 rule. Invest 30% of your monthly earnings in Bitcoins, save 30% of the monthly earnings and use 40% of monthly earnings to pay bills. Continue buying the coins irrespective of it’s price, and definitely a time will come where you will make great profits.

Bitcoin accumulation provides no limit regardless of your status in a society, but the more bitcoin you have, the bigger the profit opportunities you will enjoy.  It all depends actually on how capable you are to purchase and manage bitcoin investment, and how far your finances can go considering that every piece of bitcoin is worth a thousand dollars. But one thing is certain, bitcoin is for everyone. Even the poor ones are free to purchase it, as long as they have sufficient funds ready to invest in bitcoin, on an amount that they can afford to lose. But to be honest, if you are a poor individual, every cent counts so I don't think investing in bitcoin on an amount that you can afford to lose is applicable.  

There is no minimum amount of bitcoin a poor person is able to hold. Just like for rich people, sky is the limit when it comes to buying bitcoin.

A poor person you said, what is poverty in the first stance, poverty is a state of not being able to afford things that one needs, so going by this definition do you really want a poor person to be involved in bitcoin, if your answer is yes, which fund will he or she use to invest, in the aspect of holding, hodling is not meant for every bitcoiner, you don't expect a poor that mange to get an amount thats if possible to hold for a long term, what is situation arises, do you expect him to keep holding until he or she is no more, I think you should understand a poor man major concern is not investment, there concern is feeding, clothing and shelter.

A poor person may not afford even worth $1. He is busy arranging food for two times for his family and ks not even aware of crypto. Life is not same for all.

I am totally agree with you. A whole bitcoin costs a lot of money which is not affordable for everyone. and few people are able to buy a whole bitcoin.  But poor people have nothing to worry about because Bitcoin allows everyone to invest according to their ability. so owning bitcoin is very easy even if a person has only 1$ he can invest in bitcoin and he can claim that he owns bitcoin. I am not financially strong myself but I like to invest in Bitcoin so I am modest as per my avality there.

Thanks for perfect advice!

Bitcoin does not treat rich or poor differently. no minimum or maximum investment is mandatory for anyone. You can invest just a few cents in Bitcoin. It totally depends on your ability. You will profit according to the number of dollars you are able to invest and lose if the price of Bitcoin falls. and the more you invest, the more you gain, on the other hand, the more risk you have to take. Bitcoin gives everyone the highest priority in their freedom. so here you can always give more privacy to your own desire. so invest as much Bitcoin as you can afford. But your ability should be long term.

Poor?!!! Really, from the words you said, "poor" means it has no capability to obtain a bitcoin or even a fraction of bitcoin. Why? It's because they will, of course, buy necessities first before anything; they don't have the time or money to think about bitcoin. Okay, let's take consideration. Let's say you are talking about those in the middle class. Then what they need is just a fraction of bitcoin that they can afford, and the money they used is money that could be extra or money that they can afford to lose. If you know that you have other things to buy, then they will not be interested in this thing, but if you want to make your life easy, then it would not be bad to invest even the amount that you can in bitcoin. It doesn't need to be that big at first; you just need to start.

It depends on your lifestyle. There's really no required minimum amount a poor person should have but it's on how they are going to determine what they need for the rest of their lives. Usually with these calculations, we're thinking on how much we can afford to live on a daily basis and how much we need for our eternity. But if you're going to be with reality, start with 1 bitcoin if you can but if not then reduce it to decimals that you can afford to. Like, 0.1, 0.01, 0.001 BTC and so on as you start. I'm talking about your start because not everyone can avail to buy an entire Bitcoin as they think. So it should be safe to say around 0.01 - 0.1BTC as the minimum.

There is nothing like minimum or maximum and even if you hodl one bitcoin but don't know how to utilise it or when to cashout you will end up selling at bearish vice versa if you hodl even 0.1 Bitcoin and cashout at the peak you will be richer than the one sold 1 BTC at bearish. 

This question seems not valid and rather it should be like what's the minimum amount of Bitcoin one should be hodling as an asset as per their age just like how we do investment planning for other assets like stocks and shares like at 30 one should try to accomplish certain things and have a saving of xxx amount. Similarly concept should apply to Bitcoin.

Here poor will be termed based on the knowledge and wisdom because it doesn't take much time for financial situations to change. Just like hundreds and thousands of us went from having good amount saving in from of FTX to almost zero.

Your question cannot be really answered, as everything depends on the country where you live, the amount of money that you can earn, the amount of money you can save, the profits you want to achieve, the moment you buy your coins, the strategy that you decide to use and your specific goals, so as you can see your question is too open-ended to the point it is impossible to give any answer to it unless you were to give us more context about what you mean.

Is there such a thing as a minimum amount of Bitcoin a poor person should have? There might be a recommended minimum time for hodling, but I don't think there's a minimum amount for a poor person. Whatever amount he/she can afford, that'd be it.

But I don't think a poor person, a truly poor person, should be thinking of stacking up Sats. That wouldn't be his/her business. I'm sure the money would be better off spent on something else that'd make his/her life more decent. If I were a truly poor person, I'd probably be using it to buy food and other basic needs, or improve my living condition, or build myself to make me deserving of a higher income.

There is a rule: while making investments in cryptocurrency, spend only that amount that you aren't afraid to lose. And if you are a poor person, then that amount will be lower than that of a rich person. But you can buy as little as $10 in the spot and $1 in the future, but if you are a newbie and want to make an investment, then the future should not be your choice.

The amount does not depend on the status of being poor or rich; it depends on the capital you have to invest, and the capital should be the one that your life won't be affected by in a way that you should not be fully dependent on it.

The minimum time for holding purposes should be around 2 years, but in present, I think 1 year will be enough because the bull run is yet to start after the halving event, BTC can make a new ATH after the halving event, and the price of BTC will start to increase, so holding BTC for more than 2 years does not mean you can make a profit in 1 year.

The term "poor" is almost as broad as what "rich" is.

It will all depend on what the capabilities of that person are financial-wise. I mean I can consider myself a poor person because I'm having a hard time budgeting my monthly salary. At the same time, a person who has a lot of money can consider himself poor as well. A person can buy a single Bitcoin, and consider themselves poor still. Like other users here, I can't say a specific amount as well because this question is kind of irrelevant.

What's the amount you're having, and what's the purpose of holding it? It's totally up to you because we don't know what you're thinking or what situation you're in. So it's better for you to decide for yourself than to ask someone else's opinion. But if you're asking because you want to know about others opinions, then hold it as much as you can because Bitcoin is an asset now, according to this market analysis and on-going trend. But I can't 100 percent agree with that because I don't know how long this will continue. The major point is that the volatility of this market makes it a high-risk investment while still generating a high profit.

At this point no realistic amount of coins  would help a poor person to get out of poverty. Bitcoin will never again grow by 100 times or 1000 times like it did in the past. So no one can put $100 into Bitcoin and have their financial problems solved in 10 years.

In general, investing is never a realistic option for getting out of poverties. Opportunities like buying in its early days happen once in a lifetime. Poor people need to focus first on earning more and invest into safer assets with larger sums, rather than hoping that a high-risk investment will succeed.

It depends on the financial ability of the person. Whether he is rich or poor is not at all considered. Bitcoin have given the access to invest/hold based on their ability. The 8 decimal divisible denomination makes it an easy affordable one for each and every one. If the question was, what is the minimum amount a poor person should have to make him better in life, then in present day's value he/she needs atleast one bitcoin and it varies based on varying needs of the people.

money is a mental construct that confuses many people
even millionaires can be 3 mortgage payments away from bankruptcy/foreclosure

"rich" is a human mental construct too. peoples lifestyle and spending changes the more they have, where even rich people only have X amount of months spending money in reserves if they carry on at their lifestyle spending level..

anyone can end up poor within months

however no matter the level of income. if your able to live the day/month on it. then to secure surviving 1 month, 6 months, 20 years of that level you have to save something to build that assurance

poverty is not just about inability to drive a lambo.. its actually about can you survive your current lifestyle if a financial chaos happened. like unemployment or sudden bill, or debt collectors came knocking

and yes even the "rich" have their lambo's repossessed

..
once you build your nest eggs of savings to help alleviate the risks of financial turmoil. those nest eggs can themselves overtime help you further to raise your standard of living

It is a curious question, rather than saying that it is out of context, because it is, so , an asking about ir on equivalence is;  "What color is it, the orange bitcoin logo?"

In reality, no amount held by any person with limited resources will get them out of poverty and that fallacy of taking "x" percentage of their salary does not work either when the poor generally earn less than three figures per month ($). .

So, only hold the Satoshi you can given your financial condition and that amount is the amount you can hold based on your poverty level.

Actually, it's difficult to answer because it depends on a person's condition. Maybe holding 1 Bitcoin is more than enough for someone to change their life for the better. But it depends on where he lives. Someone has to have more than 5 Bitcoins to be able to change their life.

There is no definite number of Bitcoins that a person or a poor person can hold. It all depends on how often they want to buy Bitcoin regularly and store it. What's important is that they know that investing in Bitcoin only uses money they can afford. Moreover, they definitely have daily needs that must be met. So there is no way they will use the money they get to invest in Bitcoin.

Try asking each of us. How much money do we need so that we can feel richer than other people? If someone is satisfied if they have $100k, that means they should be able to collect as much as $100k.

A person with what amount of money in his pocket would you consider poor?

A poor person is unlikely to be able to have free / extra money to invest in a bitcoin, much less store it. Very soon he will need to extract this money and the double conversion back and forth will make him even poorer (money -> bitcoin -> money) and forth will make him even poorer. I believe that for people with such material wealth, they should focus on building their financial stability (increasing income) and only when there is excess money, invest in a bitcoin.

In fact, there is no minimum or maximum in investing in bitcoin. That's the beauty of bitcoin, you can invest even a couple of bucks.

What's your definition of being poor? Making any investment entails that you have more than is required to feed you and that you don't want to leave the excesses dormant without yielding an interest in the long run and that's the reason for even deciding to invest into any platform or scheme of your choice. The amount you use is totally dependent on how much you can keep aside without needing it within a stipulated period of time of the investment. I doubt a poor person would even take a serious thought on making an investment since his financial state isn't all that strong.

You decide for yourself and it depends on how much risk you want to take, and if you want to buy bitcoin, buy according to your means and if you feel unable or poor you can also buy it in small amounts. Bitcoin has the smallest unit called the satoshi, because with this satoshi you can buy Bitcoin at a cheaper price according to your abilities.
It's up to you and others, but if you're very poor, it's better to prioritize your needs, especially food. Because investment is only intended for those who have money and are able to bear losses or remaining money that is not actually needed, and the majority of very poor people do not have it.

Yes ! Great may be my question is missing your point . You are right.

There is no such thing as a minimum amount, it all depends on the risk, like whether it is worth taking a risk (not like speculation, but in a hedging way) to invest in BTC with $100 for 2 years, how much return we can get, or whether we should think that we are going to be rich with that investment. Questions like these should be answered first because you don't want to get disappointed at the end after seeing little profit after a long time.

Therefore, a proper analysis is necessary for one if he or she wants to make some specific profit in a specific period of time. They then have to come up with the required investments to achieve that target; otherwise, it will be a blind investment. So, if a poor person wants to invest $10 in BTC, he or she can, but if he thinks an investment of $10 in BTC can make him rich one day, then it's a dumb idea.

A plan, achievement, and idea of the whole investment are necessary before making any investment.

There shouldn't be any limit, what you should be asking is how much you should allocate each month for your monthly bitcoin purchase because you have to be extra careful with how you spend your money on a monthly basis since you're saying you are poor. If you're like me who earns at below minimum I would say that it's probably around 5% to 10% of youf monthly salary should be allocated to your bitcoin purchase but the higher end which is 10% should be done only when you're smart at how you spend your money and you don't spend it on useless stuff. You have to make sure that you are going to not starve or be late on your bills when you do this kind of allocation to sustain your bitcoin hodling, do the necessary stuff first before anything.

Poor or rich, there is a different answer to that question for every different person. It is because everyone has a different situation. There isn’t one magic answer for all the poor people and how do you define poor anyway? Like starving to death African poor? Or I can’t drive a Lambo but I own a Ford poor? Even if you give every detail about you, we still couldn’t give you the exact answer. It is your responsibility to find it. Maybe there is something you should take care of before even thinking of owning btc? Do you have a job for example? (Or any other reliable income) if not, you should probably fix this problem first.

This question doesn't sound right!

But AFAIK for example when bitcoin started off in its early days, anybody that bought $100 worth of bitcoin was considered liquid after 10plus years regardless of status as value multipled greatly to leave hodlers laughing all the way to the bank!!

Today, the strategy should be buy what you can afford regardless of financial status as this is a long term race...think of bitcoin like planting a tree🌲 that will mature in 10 or more years before the fruit is ready, once you plant the seed there is no going back .

There is no minimum amount of Bitcoin a poor man can invest, you can invest money that will not affect your live so that you will not sell your Bitcoin at a loss because of hunger, and you can invest in Bitcoin too based on your greed level. If you are all in on Bitcoin, the minimum time to hodl your Bitcoin to gain a huge profit should be around 4 - 5 year.

There's no minimum amount. As long as it's reserved money that can be used for investment, you are free to do so. The term you have to hold Bitcoin is all up to you. If you need it you can withdraw it, but if you don't need it and you are aiming to have a decent amount of profit, hold it until the right time comes. Long-term or short-term, both profitable if you are able to sell when the price increases from the time of purchase.

I guess your words are too harsh in terms we read instead better what the minimum bitcoin a person has, it seems like your question is too much pointing out that the poor can't have at least bitcoin or satoshi, there's no minimum requirement if you want to invest as long as you can even just a small amount, of course, it matters too the number of profit you will have on the amount you invest with and it depends on your desired target profit if 10 or 100x you want to hold until you hit the amount you want. Or if you have time you can make small trades like scalping if you are tired of waiting for too long. Those poor you are talking about can learn with the crypto get educated and sooner or later they can now aware of this world of investment and grab the opportunities and make themselves carried to the status they have.

Their is no specific amount assigned for anyone to buy bitcoin , the most important thing people needs to know while investing in bitcoin is to invest with the amount that one can afford. We all different in our financial standards and we can't invest the same amount of Bitcoin,    un bitcoin investment cut your coat according to your material,  investment shouldn't be a competition to be on the same level with other people,  invest what you can afford with no stress and try to be productive from the little you can afford.  

When you want to invest do not let anyone to tell you what you will invest because nobody is funding you, only you is responsible for your investment. Take every financial plan from your on decision.

Bitcoin is a currency like fiat, so what's the minimum amount of currency you currently have and how much you should hold it?

If someone gave two offers: hold $10,000 or hold $999,999,999,999 I don't think there's a person will choose the first option.

There's no minimum time to hold, after you buy it you can immediately sell it whenever you want.

It depends on what kind of poor we are talking because a person that has money sufficient only for their daily needs shouldn’t be investing on Bitcoin since it’s a volatile asset. It might incurred him some losses in the future which he can’t afford given the status of his life.

I believe there’s no exact amount to measure this because it all depends on the capabilities of the poor to invest what they can afford to lose or without sacrificing their daily needs just to have a piece of Bitcoin. But any amount general is sufficient already since Bitcoin will be valuable in the future due to scarcity and demand when fiat explode already.

What we always say, is to invest what you can afford to lose or the amount of money you can risk on investment. If you have enough money to make an investment, no matter how small it is, it is still a valuable investment that is capable of growing much bigger in the future if you invest correctly just like in Bitcoin. Hold it until you can, we always say here to keep HODL.

Feel free to buy Bitcoin based on what you can afford... there's no minimum value, so even if someone doesn't have much, they can still get some Bitcoin or satoshi with a small amount.

As for how long it takes, well... that depends on the target you set. Considering Bitcoin as savings is better than expecting quick profits. Saving in Bitcoin isn't a bad idea... as long as you have a goal, it's easier to stick to it.

You can aim to own a certain amount of BTC, like 0.1 BTC or an equivalent in FIAT, maybe when your BTC reaches $10k, its depending on your goal. Is this a short time? Nobody knows because the market is volatile, and things can change drastically even in a short period. Prepare yourself for the worst case scenario, which is holding onto it for several years.

much like fiat.. people should have 3 separate limits
A. save enough to have a (1 month) non paycheque-to-paycheque rainy day/emergency expense budget (spend as you please once profitable)
B. save enough to have 6-12month unemployment period survival fund(save for times when there is no income coming in for many months)
C. invest enough for a peaceful 20 year retirement lifestyle(sont touch for decades)

usually people can only afford to put aside X%.. EG: 8% of income takes them 12months just to accumulate 1 month of (A) when poor
(B) can take half a dozen years to accumilate to ensure they can survive if made unemployed
(C) can take(depending on age) 50 years of hoarding to then look after them(after cumulative interest) for 20 years

also peoples level of "poor" is different per nation.. a US/UK is poor at $£7/hour income.. someone in 3rd world countries deem it $£0.15/hour
so the amounts are subjective

..
dont think that you must save like crazy into one pot/address and then only spend when your grandkids are born.
just save what you can afford and split it into 3 addresses which you only spend on 3 different conditions

when you first save. put post into address(A) to look after you sooner for short term emergency
then address B then address C

EG
initially A 70% B 20% C 10%   (if income affordability to invest is 8% of monthly income:    A: 5.6%m.i  B:1.6%m.i  C.0.8%m.i)  
once you accumulated enough in A to look after you for a month.. it becomes
B 70% C 30% (if income affordability to invest is 8% of monthly income:    B: 5.6%m.i   C.2.4%m.i)
once you accumulated enough in B to look after you for 12 month.. it becomes
C 100% (8%m.i)

no one can say what amount. because each nation has different living costs so most people have different ranges of fiat-amount vs sats

My advice is that everybody should bite what they can chew. A poor person should take risk they can handle. Risk that will not make them more pore of give them hypertension. I hope this help
  

A poor person is also a relative term. Someone owns a certain amount, which is enough to support his family and all his needs, but will still consider himself a poor person. And the other one rejoices at pennies and enjoys, not considering his life poor. However, every time you think about investing, you must understand the system in which you want to invest your money. Poor people are usually less educated, and it is very easy for them to be sucked into a scam where they can lose all their hard-earned money. Therefore, study everything firmly, and then invest as much money as you can confidently live without for some time.

Is there any minimum amount in investing in bitcoin? because I'm not aware that there's any, even if you're poor or rich, it's up to you how much you want or capable to invest here. I think the right question here is how much a minimum wage earner can invest without affecting funds for essentials since some people wants to invest but doesn't know how they can save money for investment because the entire salary goes towards essentials and bills. Remind yourself that always invest what you can afford to lose.

A dollar or two, that's all I can say since your question is bothering, it makes no sense because we can't know what you are made of, every poor people have their levels, no matter who you are, there are millions of people trying to catch up to you, how much you are earning is known only by you, so you decide how much you are willing to risk on Bitcoin, it's totally your call.

The first time I bought Bitcoin it was roughly $20, and I made that money from faucets, and later I started investing $50 in a month, through airdrops and faucets, I had no job and yes I was really poor, still I don't let that limit my potential, I looked like I was wasting my time but I actually wasn't, I got so many bad comments, some said I won't end up making a thing and they are dead wrong all along.

OP you have the answer to your question, it's beyond anyone's on this forum, so start investing in Bitcoin even if all you can save up is a dollar, keep gathering the dollar to certain amount every day and buy Bitcoin at the month end, you will thank yourself later for taking this action in just a year or two.

If you are on this forum, thinking of investing in Bitcoin, you are not poor. A poor is someone who is not capable enough to meet daily deadlines like food, shelter, etc. You are either a Student or someone who is working on an average wage and that doesn't make you poor in any sense.

Now coming to the topic of the minimum amount of Bitcoin, you should focus on investing 10-20% of your savings to Bitcoin.

There is no minimum nor maximum amount of bitcoin to hold OP. The real question is how much a poor can save regularly in order to invest part of it into bitcoin. Remember, only invest amounts that one can afford to lose. Bitcoin is not a sure thing especially when someone is looking for short-term gains, ask those who invested at $60k above. We can hold bitcoin long enough to pass it to our children and the next generations. The most important at least is to only consider selling them when in profit. due to bitcoin's scarce supply, the longer we hold, the higher the rewards.

I hope OP is not planning to borrow money or sell something important in order to invest. Research and study bitcoin first in order to fully understand it. Once you have enough knowledge and you can answer your own questions, that is the perfect time to invest.

Invest based on your strength, don't follow others steps but do what work best for you. Typically a poor person has no money to be able to look after himself so he won't have much to invest in Bitcoin to begin with so he doesn't have to pressure himself by investing like others as he'll always be in need of the money. He can set aside 10% of what ever salary he's receiving and keep investing in Bitcoin. If he doesn't have a job then he need one first because the best way to invest in Bitcoin is by using it as a capital gain and not cash flow. There's no minimum amount that he should own but don't put pressure on yourself to own more than you'll be comfortable Hodling during market correction or you'll be force to sell since you can't stand the losses you'll be seeing due to the decline in price of Bitcoin.


Many peoples still seek for approval from others that they feel are superior to them in knowledge or whatever they're trying to advantage into and I believe that's what the OP is doing. He wants those that have already succeeded in the field of investing in Bitcoin to guide him but OP fails to understand that what works for Mr A may not work for Me B. OP feels there's a specific amount an investor should invest to make profit from Bitcoin. OP isn't alone on this thought as I have people coming to me off the forum for similar advise but just as I have told them and you have said, the OP need to understand there's no minimum investment to make gains. We have to invest as much as we can invest and hodl until we have reach the profits that is okay for us.

There is no minimum amount for anyone to hold on to Bitcoin, even the poor. It all depends on how much you are capable of investing. However, there are minimum amounts that are usually set by most exchanges when buying using your fiat currency to exchange to USDT or directly converted to Bitcoin depending on the exchange.

Holding Bitcoin depends on you. You can take a profit once the price goes up or hold it until the next bull run. No one can identify when it will happen, but the longer you can hold and wait for that to happen, the better.

The amount of bitcoin someone should hold isn't just about how much money they got.  It's a personal choice based on what you want and  there's no magic number of Bitcoins that's right for everyone.  It depends on your own situation and your goals. 

Instead of worrying about how many bitcoins to have, maybe think about other ways to improve your financial situation overall.  What good is stacking satoshis if you're so broke you can't pay the bills or eat?

Bitcoin isn't some cure-all that works for everybody.

You should ask yourself what's the maximum amount of coins a poor person could get, not the minimum!

A poor person is somebody who can't afford to invest in the first person, that's the definition, you're poor and you lack the purchasing power to buy basic needs for a minimum standard of living, at this point, you don't have spare money and even if you would have what's 50$ or $100 going to change? Even assuming Bitcoin would be able to make a x100 in the next decade on top of inflation (that's 3 million per coin) that would be a one-time paycheck of $5000-$10000, which would help your situation far less than simply trying to get out of poverty on your own in 10 years.

Your question is amusing, but it still makes no sense. There is no minimum amount of satoshi or bitcoin that a person should hold; you can keep as much as you want, regardless of your financial status.  Just keep in mind that how much you can hold for the long term will determine your calculated return on investment when you sell them later.

this is an invalid question

investing in bitcoin, no matter the amount, is hugely encouraged hence why this question is invalid there’s no minimum amount of btc for anyone to have

“invest what you can afford to lose” we don’t have the same financial situations but i’m sure we all want better futures for ourselves if you have great interest in btc and would want to be part of it, don’t think that you have to buy 1 btc or else just don’t buy at all it doesn’t work like that

What you're asking is like asking how much money(or a certain investment) a poor person should have. It doesn't make any sense. In general, how much money in an investment a person should be holding will totally depend on his/her financial situation(income/savings/spending/etc).

What is the minimum amount of bitcoins a poor person should have? and the minimum time it should be Hold/retained?