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Topic: Will owning 0.01 BTC really make you rich? - page 4. (Read 2777 times)

legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
February 05, 2022, 01:18:47 AM
It really depends on how you look into wealth. We are currently measuring wealth through USD or Euros as these are reserve currencies. Although if there is hard convert to Bitcoin in future where everyone uses Bitcoin to price things, Bitcoin may reach status of United States Dollar. I mean that would be huge utopia although everyone will get what I mean. I don't think its possible in near future but for long term - possibilities are endless.
This is true. there are some people who see that $10k as a person who has a lot of money, or even see it as a rich person, however, there are also those who see it as a small amount of money. as well as $100k, and so on. it depends on how you think rich is like. however, in the crypto world 0.01 bitcoin is not so much at the moment, but it could be big in the future. however, I doubt that 0.01 bitcoins will be worth $10k, in the future. even if it does, is that $10k really worth it for you to think you're rich? however, i only recommend to keep accumulating bitcoin bit by bit if you really want to get rich from it. I still think that 0.01 bitcoin is still hard enough to make you rich, but, it never hurts to hold on to it.
newbie
Activity: 12
Merit: 0
February 04, 2022, 09:14:49 PM
Yes, Owning 0.01 BTC will make me rich.because, The price of BTC will be high in the future..
Best of Luck BTC holders. Best of Luck BTC
hero member
Activity: 3178
Merit: 661
Live with peace and enjoy life!
February 04, 2022, 07:48:09 PM
In my own opinion, owning just one bitcoin is not enough to make you rich but having it is a life changing.For me it's really a good amount to start a new business and earn double through this.

Some people hold it in a long term,and waiting for the right time to sell it. Which is good also to gain your money and invest more And maybe if you are lucky,there's a possibility that you will become rich.
legendary
Activity: 3276
Merit: 3537
Nec Recisa Recedit
February 04, 2022, 06:53:07 PM
0.01 BTC worth 368$ according to current price of BTC and it will not make anyone rich but it help you to grow your portfolio to trade and invest in some projects. You can use 0.01 BTC for trading.

If you are not good on trading you can turn 0.01 btc into 0.00 btc (loss everything).
https://www.publish0x.com/bitbollo-cryptocurrencies-blog/a-depth-analysis-of-bitcointalkorg-speculation-thread-the-ne-xpnnjwq
I have taken in count 1000 predictions made on The next 100x-1000x coin? and 10.83% of predictions have reported a total loss! It means project died/ 0 gain.
I am worried to see people trying trading without properly knowledge of crypto world, CAVE CANEM
hero member
Activity: 2436
Merit: 877
February 04, 2022, 05:50:25 AM
I think anything is possible in Crypto, the possibilities are endless.

I learnt about Bitcoin in 2016 and it was less than $5k then. Imagine i had invested 0.01 BTC then i would have made ×20 or more now. I thought is if the have the money to invest, invest now and wait to be amazed.

Cryptocurrency is the future, it's never too late to start now.

Though it will not be easy for the Bitcoin to do 20x from this price, but still any amount of bitcoin which you own will be beneficial for you.
 The prices of bitcoin will continue to rise and if you can hold bitcoins for next ten year's, it can change your fortune.
hero member
Activity: 2590
Merit: 644
February 03, 2022, 05:13:31 PM
0.01 BTC worth 368$ according to current price of BTC and it will not make anyone rich but it help you to grow your portfolio to trade and invest in some projects. You can use 0.01 BTC for trading.
^ I like this idea and yes, it could probably be that amount is a good start.
This is what others usually think of, when you own bitcoin you will become rich. Probably you will, but it won't make you rich right away just by owning 0.01 BTC itself. It of course requires time and effort as part of your investment. If you own bitcoin because of that kind of belief, you won't surely make any progress. Your excellent strategy of managing your BTC and making it grow is what matters. Don't be concerned about the current challenges since you will always get a decent return on your investment, no matter how much you put in.
However, if you are good at trading there will probably be a chance that you will grow your portfolio in just a matter of time.
full member
Activity: 395
Merit: 107
February 03, 2022, 05:23:16 AM
Owning bitcoin in itself right now won't make you rich. It's a lot more of the fact that it will give your savings a nice boost, compared to just holding fiat where the value is guaranteed to drop slowly but surely. Some people think that solely holding bitcoin will save get them out of poverty; nope. You're going to need to actually earn money, obviously.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
February 02, 2022, 11:35:58 PM
0.01 btc will make you rich in the future I think 'yes', because we don't know the price of bitcoin in the future can go up or down but I'm optimistic that my bitcoin will give you wealth in the future and hope it's when I really need money
I like your optimism. however, we recommend that you have more than 0.01 bitcoins at the time to be more sure that you have more than $100k. however, we don't know how long we will wait for it. however, even if it is possible, the potential is very small.
well, if you believe with 0.01 bitcoin you can get rich, then I feel that having more than that in anticipation so you can become richer, then collect at least 0.1 bitcoin or even 1 bitcoin for the future.
lol i think the title is misspelled , i believe that it should be 1bitcoin instead of 0.01 hahaha.

because even from the beginning of in the next 10 years that amount will never valued 1 million dollar so how come that this will make a person rich?

remember that at least having a million dollar to be consider rich or elite human nowadays.
member
Activity: 1162
Merit: 58
February 01, 2022, 08:43:56 AM
Bitcoin is always one of the best and greatest creation of Mankind , this will always breing future and fortune.

so Yes maybe not now but in time, owning 1% of bitcoin will make us  rich.

But I'm lucky not only having 0.01 but larger than that .

Based on the circulation supply, the total is 18,944,831.00 BTC, which means 1% of it is 189,448.31.. that's too much money, you'll be a billionaire already if have to that kind of btc in your wallet. 1 btc is already enough for long term, it will certainly make you rich as bitcoin is destined for success and the demand will increase overtime.
What? we are talking about 0.01 bitcoin , what are you talking here? do you understand that 1% you are talking? a Hero Member that does not know how to understand a short post?
Please next time you quote a post please read clearly before posting .
legendary
Activity: 3276
Merit: 3537
Nec Recisa Recedit

Based on the circulation supply, the total is 18,944,831.00 BTC, which means 1% of it is 189,448.31.. that's too much money, you'll be a billionaire already if have to that kind of btc in your wallet. 1 btc is already enough for long term, it will certainly make you rich as bitcoin is destined for success and the demand will increase overtime.
Today I read somewhere that the President of El Salvador says something similar. The essence of his words is that there are more than 50 million millionaires in the world, and when everyone of them wants to own one bitcoin, they will not be able to buy even 1 BTC, and in this case, demand will send the price to the moon. There is a reasonable logic in his words, but so far this is not happening, and not all millionaires want to own bitcoin. Smiley

I think that 0.01 btc will make us rich, I am pretty confident of that. But the real question is "when". Maybe our sons not directly us will appreciate this aspect, this secondo revolution. It's like another 1000x for something that started from zero.
I mean, we need a lot of time to see this change...  Meanwhile we can appreciate bitcoin for what has been created.
A strong and unique alternative to FIAT money system. This is the real bargain offer that has no price Wink if you know what I mean...
legendary
Activity: 2436
Merit: 1366
It really depends on how you look into wealth. We are currently measuring wealth through USD or Euros as these are reserve currencies. Although if there is hard convert to Bitcoin in future where everyone uses Bitcoin to price things, Bitcoin may reach status of United States Dollar. I mean that would be huge utopia although everyone will get what I mean. I don't think its possible in near future but for long term - possibilities are endless.
sr. member
Activity: 2660
Merit: 339
I think anything is possible in Crypto, the possibilities are endless.

I learnt about Bitcoin in 2016 and it was less than $5k then. Imagine i had invested 0.01 BTC then i would have made ×20 or more now. I thought is if the have the money to invest, invest now and wait to be amazed.

Cryptocurrency is the future, it's never too late to start now.
0.01 x 20 = 0.2 and the price of 0.2 btc at the moment is $7666 dollars. That does not look like a big amount for us to say that we are rich but that is an awesome return for just a small amount of investment.

Right mate, they need to act quick and invest if they have a money so that they do not make the same mistakes that happen with you. They thought 30k to 40k is already a high amount so they do not invest but they only want to make sure that they wont cry once they see the 100k and 300k per btc flying all around their screens. To invest in btc does not mean to buy 1 whole coin but we can invest as small as 0.01 btc, the results are already life changing.
hero member
Activity: 1414
Merit: 574

Based on the circulation supply, the total is 18,944,831.00 BTC, which means 1% of it is 189,448.31.. that's too much money, you'll be a billionaire already if have to that kind of btc in your wallet. 1 btc is already enough for long term, it will certainly make you rich as bitcoin is destined for success and the demand will increase overtime.
Today I read somewhere that the President of El Salvador says something similar. The essence of his words is that there are more than 50 million millionaires in the world, and when everyone of them wants to own one bitcoin, they will not be able to buy even 1 BTC, and in this case, demand will send the price to the moon. There is a reasonable logic in his words, but so far this is not happening, and not all millionaires want to own bitcoin. Smiley

what you say makes sense, but to get to the position you convey there are still other factors that support or influence these conditions, the term factors are x, y, or z.  One of the factors that can do that is a condition where the price becomes very high and exceeds its ATH so that companies or groups are interested in selling the end high together.
legendary
Activity: 2100
Merit: 1340

Based on the circulation supply, the total is 18,944,831.00 BTC, which means 1% of it is 189,448.31.. that's too much money, you'll be a billionaire already if have to that kind of btc in your wallet. 1 btc is already enough for long term, it will certainly make you rich as bitcoin is destined for success and the demand will increase overtime.
Today I read somewhere that the President of El Salvador says something similar. The essence of his words is that there are more than 50 million millionaires in the world, and when everyone of them wants to own one bitcoin, they will not be able to buy even 1 BTC, and in this case, demand will send the price to the moon. There is a reasonable logic in his words, but so far this is not happening, and not all millionaires want to own bitcoin. Smiley
newbie
Activity: 120
Merit: 0
I think anything is possible in Crypto, the possibilities are endless.

I learnt about Bitcoin in 2016 and it was less than $5k then. Imagine i had invested 0.01 BTC then i would have made ×20 or more now. I thought is if the have the money to invest, invest now and wait to be amazed.

Cryptocurrency is the future, it's never too late to start now.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
Bitcoin is always one of the best and greatest creation of Mankind , this will always breing future and fortune.

so Yes maybe not now but in time, owning 1% of bitcoin will make us  rich.

But I'm lucky not only having 0.01 but larger than that .

Based on the circulation supply, the total is 18,944,831.00 BTC, which means 1% of it is 189,448.31.. that's too much money, you'll be a billionaire already if have to that kind of btc in your wallet. 1 btc is already enough for long term, it will certainly make you rich as bitcoin is destined for success and the demand will increase overtime.
member
Activity: 1162
Merit: 58
Bitcoin is always one of the best and greatest creation of Mankind , this will always breing future and fortune.

so Yes maybe not now but in time, owning 1% of bitcoin will make us  rich.

But I'm lucky not only having 0.01 but larger than that .
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
10 years ago if you have ever looked, many people never believed the price of Bitcoin would hit $50k, in fact Bitcoin has crossed $60k

it may take a long time and also 70% of the world's population for Bitcoin to touch $1 million, but I'm sure this will happen in the next few decades

Of course. Who knew Bitcoin would get this far? Back in the day, 0.01 BTC used to be worth nothing. Now it's worth hundreds of dollars (in USD). Imagine how much it'll be worth once Bitcoin achieves widespread adoption worldwide. It's very likely early holders will reap huge rewards after this happens. Considering that we're now in a bear market, it's the perfect opportunity to stack some more Bitcoin before it's too late. Inflation will lead us towards untold riches faster than you could've ever imagined. Just be patient in order to obtain great results in the not-so-distant future. Just my thoughts Grin
sr. member
Activity: 2618
Merit: 439
This is depending on How we look at the word RICH , because if this means increasing in our investments or in our On Hold funds then Yes we will be rich in the future .
but if we are asking about a Million dollar rich? I doubt this will ever happen because for this to become real Bitcoin  price needs to Head up to 100 million dollars things that I think will never happen forever lol.
But maybe if it will be at least 0.1 BTC then chances are there (I Guess) lol
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
the answer to that question and simply never. we have to be realistic the price of bitocin will not increase infinitively, has limit because there will be competition, people will prefer other altcoins that are better than bitcoin. so we have to be realistic about this. there are people who kid themselves thinking that the price of bitcoin will increase a lot to the point of worth a million dollars
it is too large a number. of course, that would be something bad for the growth of crypto. I don't know how much improvement there should be. but getting rich with such a small amount, for now, would of course raise quite a troubling question.

it is definitely something impossible, for people to be rich with that small amount of bitcoin they would have to see the price reach more than 1 million dollars per bitcoin, if you look at the price of bitcoin reach 1 million dollars then we are talking about something impossible. no offense but i don't particularly believe in 1 million dollars per bitcoin
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