Post
Topic
Board Economics
Re: Out of Reach
by
TheGreatPython
on 19/01/2021, 14:55:33 UTC
I know how some of you might feel about the price, but many years ago people predicted that if Bitcoin ever succeeds it will be impossible for most people to even own 0.5 bitcoin.
Exactly and then it might become a challenge to own 100mBTC and that is why these terms have been induced because as the price increases people start talking in mBTC and if it goes even higher we might see satoshi as a big deal too Grin in future

I can second that. My goal is still to have 1 BTC but now with BTC being at 35,000 USD it's getting more and more away. Also when you lose money in gambling it's hurtig your crypto portfolio a lot. Actually I wanted to switch some of my alt coins into Bitcoins, but at these levels right now it's just not possible.
I can give you one advice since I have been a gambler too in past, never ever let gambling affect your trading/savings balance because it never lets you grow. I still gamble but occasionally and never let my gambling disturb my trading portfolio.

People have an obsession with owning 1 BTC but even having 0.1 BTC is worth in coming 5-10 years I suspect.