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Topic: What's the amount that every Bitcoiner should own ? - page 3. (Read 4012 times)

jr. member
Activity: 51
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For me it was about 1 BTC.
legendary
Activity: 3556
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What's the amount that every Bitcoiner should own ?

Every person is going to tell you a different amount. It all depends on a number of mitigating factors -

1. How much money do you earn
2. What are you looking/hoping for from your involvement in bitcoin
3. How much of a risk taker are you?

(There are many other reasons but I've listed 3 above that will determine each persons answer to the question in the OP).

I mean some people say you should have 1 bitcoin. 1 bitcoin is nothing, I mean if we go to 10,000 USD per bitcoin that 1 bitcoin will give you a great return on your initial investment but it's not going to change your life is it?

I personally recommend everybody who is here that believes in bitcoin (and obviously can afford to) to buy & HODL 10 bitcoin's in cold storage. Hopefully if we reach an achievable/realistic target of 10,000 USD per bitcoin then 100,000 USD is going to do a lot for you. Maybe pay off a large % of your mortgage, allow you to put down deposits on multiple real estate properties to rent out etc which will make you a shit load of money eventually.

But to come back to my initial reservations on answering the OP's question - Everybody has different circumstances. Some people can't afford 1 bitcoin & some people might want to buy 1000. It's a purely personal question for each individual.
full member
Activity: 238
Merit: 100
I want to make 1 btc every month.Now,I work hard to  able to achieve this target.
Now I make 0.01 btc per day.
I wait for bitcoin price going up.
legendary
Activity: 1442
Merit: 1186
2.1 BTC has always seemed like a fair amount to me in regards to this question. 2.1 BTC makes you one in a million, which could be potentially huge if/when mass adoption occurs. For everyone who doesn't have it, aim for 2.1 BTC Smiley

one in ten mil.  

well actually, its about 1 in 700 :p

It might not seem like much to us now, but just having 1 should be enough when you think about it.  There are over 700 million daily facebook users; if bitcion went mainstream as the currency of the internet there's only enough for each daily facebook user to have 0.03 BTC and it's actually a lot less than that when you figure in lost coins and people hoarding coins.
sr. member
Activity: 322
Merit: 250
2.1 BTC has always seemed like a fair amount to me in regards to this question. 2.1 BTC makes you one in a million, which could be potentially huge if/when mass adoption occurs. For everyone who doesn't have it, aim for 2.1 BTC Smiley

one in ten mil. 

well actually, its about 1 in 700 :p
legendary
Activity: 2590
Merit: 3015
Welt Am Draht

Don't kid yourself! You and everyone else knows after you hit 21 coins, you'll still continue to accumulate more and more!
When I started, I said my goal is to have 1 full bitcoin. Then it went to two, then four and so on. My goal now is to keep accumulating, there is no magic number anymore.


Well, I decided what would be the right amount to have and stuck to it. If more arrives then it's all gravy but you could easily get overexcited and find yourself pimping out grandma for more. Moderation can be a wonderful thing.
legendary
Activity: 1442
Merit: 1186
Depends on the expected adoption.
1 btc will be enough. but 21 is my goal for get to the 1 in a million club

Don't kid yourself! You and everyone else knows after you hit 21 coins, you'll still continue to accumulate more and more!
When I started, I said my goal is to have 1 full bitcoin. Then it went to two, then four and so on. My goal now is to keep accumulating, there is no magic number anymore.
legendary
Activity: 1204
Merit: 1028
Don't get your hopes high. While it is true that less that 90% bitcoiners hold less that 1 BTC, there are some pretty rich individuals out there who hold more that 1000 BTC.
Early adopters are out there and are waiting for bitcoin to reach high value. I seriously doubt it will be sufficient to hold 1 or even 10 BTC to have significant capital in the future.

If you think you can buy more, then buy, if you want to be safe I think that about 100 BTC would be sufficient. If you think less is enough - you are being naive.

This is like saying 100k or 1 Million Dollar is nothing because there are people out there who own a few billion dollar. Stupid argument imo.
And what happens when Bitcoin reaches high price? Your assumption I guess is that they might cash out right? And so the price dumps.
But early adopters could have cashed out in december 2013 to mid last year for a making a really high profit.

I believe some of them might sell a part of their stash.But also believe that in the next big rally these  dumps will be quickly absorbed by people who want to get in or to accumulate more.So no big deal. A few whales sell and Bitcoin gets more distribution.Win win situation.

100 BTC is about 28000 dollar. I highly doubt that the average guy here can accumulate this in 5 years. In 10 years might be possible for good minority.
I'd say an amount of 5-25, or maybe 50 BTC if someone really can afford it, is a really good amount to aim out for.

Keep in mind the risk. So do yourself a favour and only invest what you can afford to lose.

Something is clear, once we get past 1K ATH again a lot of whales will sell, why, well its pretty simple, we've seen what happened after 1K, also 1K is a very round number of psychological fear factor, so a lot of whales will sell, but a lot of bull pressure will follow and we will reach a higher ATH after maybe 2 o 3 months of correction. Thats my take.
legendary
Activity: 1946
Merit: 1137
...
So , from that ... I want to know how much do you think every bitcoin should be holding ? (Holding means not using it or spend it just keep it safe on Cold storage or PC or whatever without touching them)

well holding bitcoin means a long term investment so i guess the amount depends on the person's wealth and salary and how much he / she wants to invest in bitcoin.
for example if you are earning enough money and have extra for investment in something, i think it is a good idea to invest the whole amount in bitcoin and have at least 10BTC and hold it for the future.
legendary
Activity: 1302
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Core dev leaves me neg feedback #abuse #political
2.1 BTC has always seemed like a fair amount to me in regards to this question. 2.1 BTC makes you one in a million, which could be potentially huge if/when mass adoption occurs. For everyone who doesn't have it, aim for 2.1 BTC Smiley

one in ten mil. 
legendary
Activity: 1904
Merit: 1074
I made a promise to myself, not to sell 2 BTC even if the price goes to $10 000. I will keep it in cold storage and wait for the moon....  Grin

I think most of us, cannot believe that a price of $100 000 per Bitcoin is possible.... but how would we feel, if for some miracle it did happen?

Let's just all hoard 1 to 2 BTC and spend the rest to oil the system. There is no joy, if you hodl all your coins and you do not spend any.

The figures I quoted here seems impossible... but what if.... I'd rather be prepared, when it does happen.  Cool
hero member
Activity: 546
Merit: 500
Bitcoin reach millions of people but I think there are only 1 million who use/trade/hold it actively. I think every Bitcoiner should own at least 1 Bitcoin.
I hold 10 Bitcoin and use another 10 for everything else.
legendary
Activity: 1526
Merit: 1034
2.1 BTC has always seemed like a fair amount to me in regards to this question. 2.1 BTC makes you one in a million, which could be potentially huge if/when mass adoption occurs. For everyone who doesn't have it, aim for 2.1 BTC Smiley
legendary
Activity: 1232
Merit: 1091
I am happy if I at some point own 10 btc. That's my goal.
legendary
Activity: 1372
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All I know is that I know nothing.
it depends on the amount of money you have, from 1 to 10BTC

(and 1 Litecoin  Tongue )

haha
legendary
Activity: 1302
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Core dev leaves me neg feedback #abuse #political
everyone need at least one Bitcoin at this stage or you're either a) a freaking joke b) not serious , not gangsta c) a first class grade A moron , d) a broke ass loser, e) clueless ....or all of the above.  just gtfo and make room. lead follow or get out of the way, I'm serious. Cheesy Cheesy
hero member
Activity: 784
Merit: 501
IMO, it would vary depending on your earning. If the person is a non-bitcoiner, then I'd recommend to keep 10% of his investible surpass into bitcoin. If the person is a bitcoiner, then I'd recommend to keep 10% of his earning into bitcoin.
hero member
Activity: 798
Merit: 1000
Depends on the expected adoption.
1 btc will be enough. but 21 is my goal for get to the 1 in a million club
sr. member
Activity: 322
Merit: 250
WILL SKYPE CHAT FOR 3 MILLION COMPOUND COIN
So could this be why earning 1btc on a cam site is harder to do than just earning the dollar equivalent ? My goal is live on the daily use of crypto be it buying gas, camming, buying water , banking etc. I want crypto to be used as my only currency option. Gold was a thought for savings but I have a bad taste in my mouth about "that" right now.

sr. member
Activity: 434
Merit: 250
Loose lips sink sigs!
10 is good.
at 10 000 USD in the next 5 years, it's a good "deal" ... use paper wallet to store safety.  Grin

In 5 years time 10 might make you a whale. If there's a few rallies then the price could go so high that almost nobody could afford to buy a whole Bitcoin. If they cost $10 or $50 thousand each then people will talk about how many sats they own, not how many Bitcoins they own.

If the price of a bitcoin was $50,000 each, 750 satoshi would be worth $0.375. SO the price needs to be higher than this still before people start talking about how many satoshi they have, but I get your point.

Someone previous said that the OP's question is like asking "how much stock should one person own?" It's a question that's different for everyone involved!

As a token "investment" I'd say everyone should own 1 bitcoin...but owning any is better than owning none, you don't need to have a certain amount.
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