Re: As the price of a single bitcoin gets further and further out of reach.....
You have to decide NOW how many bitcoins will make you rich in the future because it's getting to the point where an upper middle class American or European can no longer buy a full bitcoin.
Anyone have any ideas how many you'll need to be rich in 2020 and 2025?
IMO Bitcoins are nolonger an attractive entry point of investment for any crypto enthusiasts looking to invest for a long time, but I would suggest buying altcoins that show potential to grow and will payoff in the long run as demand for them keeps growing.Anyone have any ideas how many you'll need to be rich in 2020 and 2025?
But then again bitcoins are full of surprises and have the potential to pay handsomely regardless of what price you buy them for. Lets buy what we can afford, we can be rich one day.
when price was under $500 just less than 6 months ago anyone bought even half a million bitcoins now could've sold out all 500kBTC double or more of the price within just a week.Currently there are thousands of millionaires familiar with crypto but what is stopping them from hoarding and stashing bitcoins today?
Fear, and that is the main reason for them not to invest heavily by accumulating coins over time, but future belongs to the bold and fearless people not skeptics and cowards.