How Many Bitcoin Should You Own?




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41 Comments

  1. I just came back from the future, without revealing too much and throwing off the time balance continuum. All I can say is just buy what you can afford RIGHT NOW, even the slightest amount will be fruitful. I wish I could say more, I really do.

  2. It will be VERY hard to keep holding it when I've made 5X or 10X my money.
    But I'll be so pissed if it ends up going 100X.

  3. Nah bro I think you had that right, people WILL make tens of twillions.
    Followed by the hottest new trend:

    Buying and flipping whole countries.

  4. Bought my first Bitcoin for $30 (for 2 BTC), $6 of which was the service fee charged by the 900 phone service I had to call to purchase it. Bought it to pay for a VPN service back then and that purchased me 3 month's worth. Stopped using BTC to buy the VPN when VPN prices started coming down and BTC started going up… figured this was a ripoff. Still have that wallet and can see the multiple Bitcoins in and out quarterly for the service… makes me cry now. Never in a million years (obviously) did I think this was any more than a means to an end to get an anon. service. Whish I had bought a few and forgot about them.

  5. Its going to be hard to use bitcoin because not everyone is going to obtain bitcoin and not everyones going to want bitcoin. Its hard to obtain bitcoin when there is not enough bitcoin to go around. I think the elites will make there own cyrpto currency rhat we will have to use and the government will enforce it.

  6. I have couple hundred dollar worth just to keep me in the loop but honestly at what point does one spend something that is appreciating like you theorise? + Super rich are rich because in part they control the system i do not see them releasing the wheel. + How about all the lost bitcoin if there is no way to create anymore given infinity it would all end up dormant.

  7. I have 1.26 bitcoins…I invested when it was $17,000 Dec 2017…I spent the whole of 2018 going after 1 bitcoin as the prices fell. Now, my average of my bitcoin is $10,000…since the prices were so low I started going after the 2nd bitcoin, but I’m mad the prices are going up ?.

  8. My advise for people and this worked well for me, if you don’t have much money buy a few hindered worth of bitcoin every month, try to time your buy when you see a dip (buy the dips basically) and in a few years you’ll have atleast 1-2 bitcoin if that’s your goal. Don’t get distracted by all the different alt coins, stick to blue chip ones you can diversity into Ethereum, litecoin, etc but avoid the micro coins I know they can go up 10,000 but from my experience With people most of them lose all their money then stay away from crypto

    This works well especially if you’re young and you truly believe that 1 bitcoin will achieve $1 million in the next 10 years

  9. Your math is correct. There are approximately 5,024 Million adults on the planet. There will only be 20 Million bitcoins in existence assuming 1 Million BTC have been lost forever. 20 Million Bitcoin divided by 5.024 Billion people equals 0.00398089 each. That is definitely not much bitcoin per person. Especially for those with a net worth of under $10K . Of course if someone with a net worth under $10K would have the foresight to put away some BTC now their net worth may be substantially higher in the future. If this plays out as expected the only two components they need to become wealthy is some money now and some time later.

    With the currently BTC price around $8K they would only need to invest $31.84 right now to get their 0.00398089 BTC and possibly have hundreds of times that value later. If the Satoshi eventually was valued at just $1 dollar each they would have $398,089 in their account.

    Source: https://www.statista.com/statistics/203930/global-wealth-distribution-by-net-worth/

  10. hahaha nice bitcoin holders trying to get more people in to their pyramid scheme again after it crashed the last time, yeah im not buying it this time either

  11. Do not buy any thing but bitcoins . Just ask yourself this question , what is the differnce between Bitcoin and bitcoin ? If you know the answer , you'll be in good shape and you are only buying bITcOiN . Please do not deviate and buy Shitcoins .

  12. Dont move your 0.01 bitcoin to much if that's all you have .fees can be high at congested times . I might put a small amount onto a paper wallet . Theres hacks going on and I even heard trezor had a bug as well.

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