Topic: Why should you own at least one Bitcoin? (Read 801 times)
with us having one bitcoin means that we are already in an investment or business that we are in right now, especially someone who has a business spirit, not just one they want to keep, even more than that, because for me this is very useful like for example we store only one bitcoin in the account that we have, and it is very meaningful for the continuity of our business in the future
It is tough for buying 1 Bitcoin at once. It was possible when the price was below $10K; Now buying one bitcoin is nothing but a nightmare.
Better you can do buy some Bitcoin regularly, You can spend some amount of money from your earnings to buy Bitcoin, you can do it weekly or monthly basis.
If you do that, maybe this will act as a fixed deposit when you become disabled in old age, Or maybe you can build a beautiful future for your child.
You don't have to buy all at once. Just do dollar-cost averaging as it's a very effective strategy for those that can't avail one. Do not say that buying one bitcoin is a nightmare. We've heard and read that before when bitcoin was at $3k but people are reluctant during that time.Better you can do buy some Bitcoin regularly, You can spend some amount of money from your earnings to buy Bitcoin, you can do it weekly or monthly basis.
If you do that, maybe this will act as a fixed deposit when you become disabled in old age, Or maybe you can build a beautiful future for your child.
And again, when the price has surged and there's a big increase to bitcoin's value and pricing, people are still saying the same thing. You have to make a strategy if you really do believe that there's something big that shall come to bitcoin in a positive way in the future.
Many people are considering how to invest in Bitcoin. My advice is: try to hold as many Bitcoins as possible. If you are not rich, you also need to hold at least one Bitcoin. If you don’t own one Bitcoin, It is possible that an entire era will be missed.
Why would I suggest this?
Because I think Bitcoin will rise to an unattainable price in the future. In fact, it is difficult to value Bitcoin according to traditional valuation systems and models. Because Bitcoin belongs to a completely different category of assets, I think a more accurate name should be "monetary assets". This is an asset with a very strong currency attribute, and it is also a currency with a very strong asset attribute.
It has become a consensus that the economic crisis will come back every once in a while. The reason for the financial crisis is very simple: both parties are greedy, investors' greed and bankers' greed. Greed is what it should be on Wall Street, it can almost be regarded as an obligation.
And when will the next round of crisis come? We don't know
Having to own one whole bitcoin in the current price and volatile price is not for everyone i mean investing 50k or 45k is not easy, the people who are can afford to lose that much money are the ones who are able to buy it right now, but asking the average person to own 1 btc is a bit insane, bitcoin is designed so that you are able to have as much as your budget allow you to, and don't be stressed that you need to buy at a certain price point . Why would I suggest this?
Because I think Bitcoin will rise to an unattainable price in the future. In fact, it is difficult to value Bitcoin according to traditional valuation systems and models. Because Bitcoin belongs to a completely different category of assets, I think a more accurate name should be "monetary assets". This is an asset with a very strong currency attribute, and it is also a currency with a very strong asset attribute.
It has become a consensus that the economic crisis will come back every once in a while. The reason for the financial crisis is very simple: both parties are greedy, investors' greed and bankers' greed. Greed is what it should be on Wall Street, it can almost be regarded as an obligation.
And when will the next round of crisis come? We don't know
Many people are considering how to invest in Bitcoin. My advice is: try to hold as many Bitcoins as possible. If you are not rich, you also need to hold at least one Bitcoin. If you don’t own one Bitcoin, It is possible that an entire era will be missed.
Why would I suggest this?
Because I think ~snip~
~snip~
Because you think? It doesn't matter what anyone thinks if it's not backed by very strong arguments and to be fair, in this case, your statement doesn't carry strong value. Also, as I understood, we have to buy bitcoin because it will rise but I would say that only the post halving year matters the most when it comes to profit from investment. You have to use this year on it's max to benefit from it and after gaining a huge profit and selling it nearly on an all-time high, then you have to open a short position in futures trading and look at a profit with a huge smile on your face. Why would I suggest this?
Because I think ~snip~
~snip~
the current bitcoin price is expensive, need big capital to get bitcoin, i am very sorry in 2019 i was negligent so i didn't have time to buy bitcoin in 2019 the bitcoin price was very at least in 2019 i bought 1 bitcoin and now i have made a profit but this is experience for me i will not repeat the same mistake in future.
Nah, not really. You don't have to go, and buy 1 Bitcoin, the point of this discussion is highlighting the fact that you can buy whatever amount you can afford, and with the prospect of Bitcoin increasing in value exponentially in the future, you'll benefit regardless. You don't need big capital at all to purchase Bitcoin, basically the bigger capital you have the more potential of earning, although the same goes for the opposite theory, the bigger the capital the more you could lose. 
Many people are considering how to invest in Bitcoin. My advice is: try to hold as many Bitcoins as possible. If you are not rich, you also need to hold at least one Bitcoin. If you don’t own one Bitcoin, It is possible that an entire era will be missed.
I bet you really know how much 1 bitcoin price nowadays before you advise people to have at least 1 in their wallet. I really don't have the financial ability to buy 1 now to keep and maybe only the rich can afford it other than investors. I don't think that your suggestion will be suitable for everyone, but it might be appropriate if you suggested it in the early years of bitcoin being introduced.Of course Bitcoin is must have, to be sincerely i will even glad to have 1bitcoin in my country if you can just have one Bitcoin you have make it...
Bitcoin is a way of life and to get out of poverty
It seem true and at least 1 bitcoin price can cover the cost of living for several years in my country.Bitcoin is a way of life and to get out of poverty
Of course Bitcoin is must have, to be sincerely i will even glad to have 1bitcoin in my country if you can just have one Bitcoin you have make it...
Bitcoin is a way of life and to get out of poverty
Bitcoin is a way of life and to get out of poverty
It is tough for buying 1 Bitcoin at once. It was possible when the price was below $10K; Now buying one bitcoin is nothing but a nightmare.
Better you can do buy some Bitcoin regularly, You can spend some amount of money from your earnings to buy Bitcoin, you can do it weekly or monthly basis.
If you do that, maybe this will act as a fixed deposit when you become disabled in old age, Or maybe you can build a beautiful future for your child.
Better you can do buy some Bitcoin regularly, You can spend some amount of money from your earnings to buy Bitcoin, you can do it weekly or monthly basis.
If you do that, maybe this will act as a fixed deposit when you become disabled in old age, Or maybe you can build a beautiful future for your child.
It will be difficult to own 1 whole Bitcoin.
Not because there will be a bitcoin shortage. Old Bitcoin holders will be more than willing to sell the Bitcoins in case of price rise but now 1bitcoin price is expensive or you can say high that's why its difficult to buy a whole for normal person. Of course rich peoples can able to offord it but for normal people 1 whole bitcoin will be difficult to own only due to the price and nothing else.
Not because there will be a bitcoin shortage. Old Bitcoin holders will be more than willing to sell the Bitcoins in case of price rise but now 1bitcoin price is expensive or you can say high that's why its difficult to buy a whole for normal person. Of course rich peoples can able to offord it but for normal people 1 whole bitcoin will be difficult to own only due to the price and nothing else.
the current bitcoin price is expensive, need big capital to get bitcoin, i am very sorry in 2019 i was negligent so i didn't have time to buy bitcoin in 2019 the bitcoin price was very at least in 2019 i bought 1 bitcoin and now i have made a profit but this is experience for me i will not repeat the same mistake in future.
Now is not the time to think about the past, let the past go, let's look to a brighter future. consider the past an experience to improve in the future. let's look around the bitcoin market, now is a good time to adopt bitcoin. but bitcoin is currently still on the mend after yesterday's market price correction. opportunity don't wait a second time bro!
the current bitcoin price is expensive, need big capital to get bitcoin, i am very sorry in 2019 i was negligent so i didn't have time to buy bitcoin in 2019 the bitcoin price was very at least in 2019 i bought 1 bitcoin and now i have made a profit but this is experience for me i will not repeat the same mistake in future.
If you are not rich, you also need to hold at least one Bitcoin.
The current value of BTC is around 44K USD! 44K is a huge number! I believe, it was relatively easy in March 2020; when BTC price was around 4K; but now owning 1 Bitcoin is too much costly!
It doesn't have to be 1 Bitcoin, at least having an investment in bitcoin is enough. at this time to have 1 Bitcoin must spend more money. first, at the beginning, knowing crypto, having 1 or even 10 bitcoins was very easy because the price of bitcoin at that time was still very cheap.
How many bitcoins or other coins you have must still have a target to achieve.
How many bitcoins or other coins you have must still have a target to achieve.
As of today 1 bitcoin is worth $45,000 now that makes it even harder to afford one bitcoin. The high value price of Bitcoin has discouraged newbies from buying and they opt for alts just because it is cheaper. Thinking about owning a whole Bitcoin is too much pressure to put on one's self. One should only buy as much as you can afford
Well, that is right --because bitcoin is a fixed total amount and it could be from time to time bitcoin will become harder to accumulate because the more the demand will increase it means the supply becomes less and it could be for sure the price will increase too and becomes expensive. It is like saving the value in the future and it could be your future plan. If you have 1 bitcoin it could be enough when you were old enough and don't have a job. Even gold cant do the same with bitcoin and it is far behind when it comes to saving profit either long or short term. Many people are considering how to invest in Bitcoin. My advice is: try to hold as many Bitcoins as possible. If you are not rich, you also need to hold at least one Bitcoin. If you don’t own one Bitcoin, It is possible that an entire era will be missed.
Why would I suggest this?
Because I think Bitcoin will rise to an unattainable price in the future. In fact, it is difficult to value Bitcoin according to traditional valuation systems and models. Because Bitcoin belongs to a completely different category of assets, I think a more accurate name should be "monetary assets". This is an asset with a very strong currency attribute, and it is also a currency with a very strong asset attribute.
It has become a consensus that the economic crisis will come back every once in a while. The reason for the financial crisis is very simple: both parties are greedy, investors' greed and bankers' greed. Greed is what it should be on Wall Street, it can almost be regarded as an obligation.
And when will the next round of crisis come? We don't know
Having bitcoin is surely the key to success in the future wherein if in the next few years you are still clueless and you don't have any investment on it, you'll surely die from either war or starvation. No matter how expensive it has become, there are still chances that you can find a good timing wherein you can start buying and begin holding. Also, with consideration to the pandemic, for sure an economic crisis will soon rise which will show the importance of having crypto so find your own way already on how you can esrn and start investing on it to further secure your future.Why would I suggest this?
Because I think Bitcoin will rise to an unattainable price in the future. In fact, it is difficult to value Bitcoin according to traditional valuation systems and models. Because Bitcoin belongs to a completely different category of assets, I think a more accurate name should be "monetary assets". This is an asset with a very strong currency attribute, and it is also a currency with a very strong asset attribute.
It has become a consensus that the economic crisis will come back every once in a while. The reason for the financial crisis is very simple: both parties are greedy, investors' greed and bankers' greed. Greed is what it should be on Wall Street, it can almost be regarded as an obligation.
And when will the next round of crisis come? We don't know
Maybe in past i already feel to have 1 bitcoin but i sell in cheap price. Honestly, for me no matter how much bitcoin that people have as long they are profit with it. Because bitcoin itself really can help people when other investment usually got offered with minimum investment, but in crypto and bitcoin itself, no matter how much we buy it as long it is on minimal rule in the market, we can buy it.
As of today 1 bitcoin is worth $45,000 now that makes it even harder to afford one bitcoin. The high value price of Bitcoin has discouraged newbies from buying and they opt for alts just because it is cheaper. Thinking about owning a whole Bitcoin is too much pressure to put on one's self. One should only buy as much as you can afford
Stacking sats is also similar thing because accumulating more and more btc is not everyone's cup of tea due to high prices at this time.The current prices are above $40k for one bitcoin more than average salary of many so how does they accumulate btc.I understand your point of investment which is necessity to be part of bitcoin but you don't need to have exactly one coin as 0.002 btc will also be worth much in coming time.So invest what you can timely.
It does of course depend on your monthly income and probably the price and income level of the country you are from, but stacking up sats over time can definitely be a good alternative to large one time investments in many parts of the world. Sure, striving for a whole Bitcoin that way makes almost no sense at all, but it still allows people to not fully forego the opportunity to take part in the transition into a fully digital age.
Stacking sats is also similar thing because accumulating more and more btc is not everyone's cup of tea due to high prices at this time.The current prices are above $40k for one bitcoin more than average salary of many so how does they accumulate btc.I understand your point of investment which is necessity to be part of bitcoin but you don't need to have exactly one coin as 0.002 btc will also be worth much in coming time.So invest what you can timely.
I don't understand why people think 1 BTC is an absurd amount of money right now. Honestly, what can you do with 40,000$ nowadays? It used to be a decent amount many years ago, but not anymore, since inflation ate a lot of dollar's value. 1 BTC isn't even sufficient to generate enough passive income to pay for the most basic needs in a monthly basis.
OP's suggestion is a very good one. People should aim at least 1 BTC portfolio on short run, to be benefited by the next bitcoin bull runs. Not everyone will have the opportunity to hold 1 BTC futurely, but you who are reading this message right now still have the chance of holding. Don't think about it like an impossible task to be achieved. It's still possible with some effort and savings management.
OP's suggestion is a very good one. People should aim at least 1 BTC portfolio on short run, to be benefited by the next bitcoin bull runs. Not everyone will have the opportunity to hold 1 BTC futurely, but you who are reading this message right now still have the chance of holding. Don't think about it like an impossible task to be achieved. It's still possible with some effort and savings management.
In my case having or owning even a 1 bitcoin is challenging, it cost me anything to have it on my own though you have a point mate the amount that 1 bitcoin have today was not that decent enough due to inflation. Let's add also the volatility of the market so if I could only have a chance to have my own kind of bitcoin in my wallet I would like to have at least 5 or more than bitcoin I could acquire. But today I know that it was hard for me to have it so I currently investing in altcoins instead.
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