WHAT WILL YOU DO WITH 1 BITCOIN | Bitcointalksearch.org

Fullcoinese

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Quote from: aysg76 on February 01, 2022, 09:47:31 AM

Will still prefer to hold it for long term as the current prices are down and selling them at this is not at all profitable if we seek future returns.If we have some visionary approach then you will also see the growth opportunities in it and want to hold it for that time period.So for me personally this one additional bitcoin will goes to long term investment options nothing else.

Quote from: Fullcoinese on February 01, 2022, 09:06:16 AM

If I have 1 bitcoin, I will sell half the amount of bitcoin and then convert it into another denomination. if you only rely on 1 bitcoin then I really can't feel how the sensation of profit is. and also vice versa.

You can't blindly rely on anything in this world and must have backup plan but if we see other assets then bitcoin has far more safe and survival chances so you can take some risk for holding it and convert some portion into other of your choice.

I believe you are referring to the good side. what's more, the current btc price situation clearly doesn't allow for short term profit taking but with a 'when do you enter and when do you have to exit' note. therefore there is no other alternative but to hold it for the long term.

rby

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If I have 1 bitcoin, I will divide it into some portions and I will use part of it and buy some good altcoins now that they are very low. I will leave part of it in bitcoin still. I might be lucky the Altcoins do x10, x20, x50 and I will convert them back to bitcoin again.

BioFrog

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If I had 1 bitcoin i would not spend even a satoshi but i would put it at interest on some exchange

boyptc

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It's easy, HODL.

Just as what we've seen for the past 2 years, bitcoin has performed very well. And we're always seeing a new low which is the exciting part of how much it would be per year.

Nothing beats holding, it's always the most desired strategy by everyone. Traders that always see the failure with their strategy ends up being a holder and there's nothing wrong with it.

Marvelman

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If I had one bitcoin today, I would buy a 20 ounce gold bar right away!

Just kidding of course. But wouldn't a 20 oz gold bar be a little more fun? I think so.

Crypt0Gore

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Activity: 952

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HODL like no tomorrow, unless I find a way to stake this 1 BTC and still earn more, I will just hold and safeguard the private key like a hen guiding it's eggs, 1 BTC will worth a lot more in future, this is like having a gold mine

Cornia

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Activity: 1526

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1 BTC is a huge amount of money in my country. If i get 1 BTC then I would use it in different ways. For example, I would store 0.5 BTC in a secure wallet, I would convert 0.25 BTC into stablecoin and invest. I would cash out the remaining 0.25 BTC and invest in the real world.

PX-Z

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pxzone.online

Quote from: Oceat on February 01, 2022, 12:31:40 PM

This has been a topic in the past many times that I lost count.

Then you're still here making a reply to the same topic Roll Eyes

.

Quote from: Oceat on February 01, 2022, 12:31:40 PM

Do you think 1 BTC is enough to some other people if they have it? I don't think so, most people are so greedy that they don't seem to make sense when owning a single Bitcoin.

People don't stop dreaming and surely is greedy, once you get an achievement, you want to get another, so on and so forth. This is not about the greediness but the determination to achieve anything. Why would 1 btc is enough if you can make it 2, right?

Oceat

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This has been a topic in the past many times that I lost count.

Owning a single Bitcoin or even sats is enough to use it as it is since it's meant to be use as a crypto currency making different transactions for buying and selling or even trading. Most people in the past who owns more than 1 BTC is trading while the others are holding and I don't know what they were planning to do but maybe they are waiting a specific price to sell.

Do you think 1 BTC is enough to some other people if they have it? I don't think so, most people are so greedy that they don't seem to make sense when owning a single Bitcoin.

Shamm

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Activity: 1148

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Quote from: Wiwo on January 31, 2022, 06:45:21 PM

There is an adage but very relevant to our contemporary circumstances in the cryptocurrency ecosystem: it goes like this: If you fall to plan you plan to fail, meaning when you failed to prepare for an opportunity before it comes when it comes you will not notice it because it will pass you by. This brings us to the big question,
If you get 1 Bitcoin right away what will you do with it?
This question is targeted at newbies who have constantly felt that they got into the Bitcoin space late because Bitcoin is now very expensive to acquire not like in the early day around 2009/2010 when one can easily get reward with Bitcoin for a little&simple task e.g faucet, but nowadays it costs a fortune just to acquire 1 BTC.
But if you work hard and never spend all you get practice reinvestment as a way of life one can attain that ultimate hight even at the moment but what you do with it matters.

many threads like this were created before but in this case, I like to share my thoughts about this. First, if I have 1 BTC as what they said above I will find it until the price is going up here in my country 1 BTC is a big amount and it is equivalent to 1,966,903.32 Philippine money and its a big help for me to sustain my daily needs and if I have this big amount I want to build a small convienience store.

aysg76

legendary

Activity: 1974

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Will still prefer to hold it for long term as the current prices are down and selling them at this is not at all profitable if we seek future returns.If we have some visionary approach then you will also see the growth opportunities in it and want to hold it for that time period.So for me personally this one additional bitcoin will goes to long term investment options nothing else.

Quote from: Fullcoinese on February 01, 2022, 09:06:16 AM

If I have 1 bitcoin, I will sell half the amount of bitcoin and then convert it into another denomination. if you only rely on 1 bitcoin then I really can't feel how the sensation of profit is. and also vice versa.

You can't blindly rely on anything in this world and must have backup plan but if we see other assets then bitcoin has far more safe and survival chances so you can take some risk for holding it and convert some portion into other of your choice.

Fullcoinese

full member

Activity: 407

Merit: 136

If I have 1 bitcoin, I will sell half the amount of bitcoin and then convert it into another denomination. if you only rely on 1 bitcoin then I really can't feel how the sensation of profit is. and also vice versa.

Little Mouse

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Since 1 more bitcoin would be an additional fund to my portfolio, I will simply put them into my hardware wallet which I'm using for long time holding only that I'm not planning to use anytime soon or not at least in this near future. That would be the best for me.

Marykeller

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Activity: 1064

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1 bitcoin is a huge amount of money, which I ought to utilize well to get more dividends. What I will do is to sell 50% of the bitcoin, use the money gotten to invest hugely by diversifying my altcoins investment. Before the year runs out I would have gotten x10 of my 50% investment in the altcoin I invested in. With my profits from altcoins, I can decide to buy 1 bitcoin. Making me have about 1.5btc at the end of the year

Pokapoka124

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Quote from: Wiwo on January 31, 2022, 06:45:21 PM

There is an old adage but very relevant to our contemporary circumstances in the cryptocurrency ecosystem: it goes like this: If you fall to plan you plan to fail, meaning when you failed to prepare for an opportunity before it comes when it comes you will not notice it because it will pass you by. This brings us to the big question,
If you get 1 Bitcoin right away what will you do with it?

I'm not comfortable with the "get 1 Bitcoin" part it gives the impression that the bitcoin is a gift or a prize won. In that case, studies show that people who win lotteries or get money for little or nothing often squander the money in less than two years. I have read stories of people who threw away cold wallets containing over 1btc, others lost their passwords so many different stories.

Quote from: Wiwo on January 31, 2022, 06:45:21 PM

This question is targeted at newbies who have constantly felt that they got into the Bitcoin space late because Bitcoin is now very expensive to acquire not like in the early day around 2009/2010 when one can easily get reward with Bitcoin for a little&simple task e.g faucet, but nowadays it costs a fortune just to acquire 1 BTC.
But if you work hard and never spend all you get practice reinvestment as a way of life one can attain that ultimate hight even at the moment but what you do with it matters.

Yoh don't have to own 1 bitcoin IMO. That's a limitation to many newbies they see the price of 1bitcoin and they get cold feet...end up buying thousands of shitcoins instead.

Taskford

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Activity: 2520

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Quote from: Wiwo on January 31, 2022, 06:45:21 PM

There is an old adage but very relevant to our contemporary circumstances in the cryptocurrency ecosystem: it goes like this: If you fall to plan you plan to fail, meaning when you failed to prepare for an opportunity before it comes when it comes you will not notice it because it will pass you by. This brings us to the big question,
If you get 1 Bitcoin right away what will you do with it?
This question is targeted at newbies who have constantly felt that they got into the Bitcoin space late because Bitcoin is now very expensive to acquire not like in the early day around 2009/2010 when one can easily get reward with Bitcoin for a little&simple task e.g faucet, but nowadays it costs a fortune just to acquire 1 BTC.
But if you work hard and never spend all you get practice reinvestment as a way of life one can attain that ultimate hight even at the moment but what you do with it matters.

There are so many things we can do on that amount and what I do for having that is to convert first on separate altcoins which I can use to buy or invest in NFT arts and NFT games since from there we can earn a lot of money if we invest at the right running projects. I'm impressef how Pegaxy goes right now since even if bear market occur their own crypto still pumping up and their existing players are earning huge profit at the moment. Although I don't recommend this we know there's huge risk on each investment so we should do proper research before invest on those platforms.

ethereumhunter

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Leading Crypto Sports Betting & Casino Platform

I will sell at a high price and wait for the correction to buyback. I am sure that is a good way to increase my bitcoin while saving some portion to sell at another high price. I am sure I can do that, no matter if that will need time to increase the bitcoin amount. But I will hold a big portion and not use it for anything except selling at a high price. I had already sold at $69k before and tried to accumulate at $33k so I now can have more satoshis and that still wait for the time to sell at a high price.

CryptopreneurBrainboss

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Quote from: KingsDen on January 31, 2022, 10:39:31 PM

Bitcoin is built on scarcity model, no doubt my 1btc will get me more btc in the future if I hodl.
Most times I wish I were here early, though the early occupiers could not also read the future as many made some mistakes as well.

If you hold 1 bitcoin, you'll always have one Bitcoin and not more in years to come but if the value in dollars (or your local currency increase, which is most likely to happen) then you get more fiat value than what you had when you fit recieved it. Everybody has different priority in life so nobody should be pressured into doing what others will do. If you had 1 Bitcoin it isn't a most to hold all when you have other challenges in life.

Remember only hold amount you'll be comfortably losing so when the volatility of the market comes you don't get pressured into selling. This is the most mistakes people make when investing and I have made in the past as well. We allocation more than our risk level into a project and when the pressure comes we slack and let our emotions get the worst of us.

cryptoaddictchie

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What will I do? For me I keep some like certain percentage and invest some on some of altcoins that has potential. Its not bad to transfer some to other risky altcoins since it could really have potential to do a great multipier. Its also good to hold btc but of course if wanna be realistic here then were gonna invest it on some of those new or have more potential one.

Oshosondy

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Quote from: Wiwo on January 31, 2022, 06:45:21 PM

If you get 1 Bitcoin right away what will you do with it?

Have you seen this thread before

What can 1 Bitcoin buy in your country?

I am just asking, it was an interesting thread.

About your question, it can also be in this way, what can you use this or that amount of money to do. People will have different opinions like investment, business and somethings like that.

Topic: WHAT WILL YOU DO WITH 1 BITCOIN (Read 209 times)