Many of us dream of owning 1BTC. But how much do we really need? If bitcoin becomes the main currency in 50 years, how much would each person need? Maybe 0.1? 0.01? More? Less? I’m just trying to decide if I should aim for 1BTC.
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Personally, I think aiming for a smaller fraction of a BTC and focusing on consistently acquiring it might be a good strategy. But again, it depends on your circumstances.
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Consider diversifying your investments and only putting in what you can afford to lose since Bitcoin is volatile.
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When I was contemplating how much Bitcoin I might need if it became a dominant currency in the future, I considered a few factors. Realistically, if Bitcoin becomes a primary currency in 50 years, the value could rise significantly, making 1 BTC quite substantial. For practical purposes, having 0.1 to 0.01 BTC could potentially be enough to cover daily expenses and have some financial security. I personally decided to aim for 1 BTC because it felt like a solid goal for future-proofing my investments, but even smaller amounts could be valuable if Bitcoin gains widespread adoption. It’s essential to consider your financial goals and the potential future value of Bitcoin in your decision.
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Determine how much Bitcoin to buy based on your financial goals, risk tolerance, and investment strategy. Never invest more than you can afford to lose. Consider starting with a small amount.
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you can buy about a fiddle Bitcoin.