Quote from: EarnOnVictor on Today at 10:06:12 AM

Quote from: Ehrakeziah on December 02, 2020, 04:39:22 PM

What happened to your life after 10 years in bitcoin? Is there any changes?

This is a good and challenging question for those who adopted Bitcoin early and those who just adopted it, including me. Although I've been spending Bitcoin since about 6 years ago I just started taking the investment in the coin seriously last year. This indicates that I still have over 9 years to assess myself regarding your question, yet, what I envisage is really positive.

I have been prosperous with my engagement with Bitcoin in less than a year and almost all my money that was to be wasted in my bank account was converted to Bitcoin last year for both trading and investment and the results have been "so far, so good."

In light of this, I see myself as a millionaire in $ in the next 9+ years remaining if my present success assessment and future opportunities in the coin as envisaged in relation to your question.

You have a bit of a strange way to describe your situation EarnOnVictor - but hey, you can do whatever you like... even though in essence, you are saying that you fucked around with bitcoin and did not realize its "long term" investment potential for the first 6 years that you were in it, even though in the past year, you have come to realize the long term potential of it.

O.k.. so be it. Therefore, you want to start your measurement of your 10 years in bitcoin from 1 year ago..

alright.

Another thing that you say, is that you expect to be able to build up to millionaire status (seemingly in regards to your bitcoin stash) within the next 9 years (so let's say mid-2032-ish), yet you did not say how many bitcoins you are expecting to be required in order to reach such a "millionaire status." I am not really trying to quibble with you on your predictive prowess point, even though surely many of us likely realize that a lot can happen in 9 years, and surely we may need to be careful in terms of trying to be too demanding in regards to our expectations in that kind of a time-frame - even though surely you may well end up being correct in terms of the soundness of your own predictive prowess.

Just to mention my own attempts to answer some future BTC price matters, about a month ago, I had revised my BTC price bottom prices from December 28, 2021 - and so my most recent attempt to project BTC bottom prices shows that in 2032, you would need around 11 BTC to be at "millionaire" status (referring to the value of today's dollars), even though on December 28, 2021, I had projected millionaire status for mid 2032 to have had been around 0.28 BTC, so there is a pretty BIG difference between those two projections.. (around a 39x difference.. hahahahaha).

Quote from: Patrol69 on Today at 10:15:14 AM

I am optimistic about the future. I always wonder what the days ahead hold for me. If I think about the next 10 years from now I will try to hold some amount of BTC and I believe if I can hold some amount of BTC for the next 10 years then maybe 10 years later that investment can change my life. Because I believe the value of Bitcoin will increase a lot in these ten years. And I've been trying to hold a little bit of BTC for long term planning since I hope I can hold my investment for a long time.

Yes... Patrol69... a lot of forum members, including the OP of this thread seem to be looking at others and "hoping" what they might do and not even describing what they did in the last 10 years, and even if some of us might be younger than others, there may well still be ways in which we might consider our lives in building ways, rather than merely hoping ways.. I cannot really say for sure.. because if someone might be in their early 20s, then they might NOT have had enough time living on their own in order to attempt to build, save and invest in various kinds of ways in order to have some time element to what they have done in order to attempt to show that they are not merely speaking about what they plan to do, but instead attempting to execute what they are able to do, and even if it might take them longer than 10 years to build a decently strong investment portfolio, many times it can be effective to figure out what you have done and to build upon that... and there is going to continue to be a lot of uncertainties in regards to how effective your planning and executing upon your plans is going to end up paying off in a 10 year or longer timeline.

For example, for myself, I have had ONLY 10 years in bitcoin, yet before I got into bitcoin I had more than 20 years of investing and/or financial planning and executing and also a lot of mistakes along the way... and sometimes planning can pay off, but any kinds of planning seems to need to be coupled with action and building too... which is likely more realistic attempt focus on what you have done, and what you are currently doing, rather than merely what you expect to happen 10 years down the road.

Quote from: Crptomagma on Today at 04:45:31 PM

Actually is not up to 10yrs I know Bitcoin but then I have known Bitcoin since 2018 and that was after it's ATH in 2017. Since then I have seen Bitcoin price fluctuate but still I won't say it is a bad experience and I also believe that before my 10yrs experience in Bitcoin I will make a huge profit and I believe it 😀😀

Yeah but what have you done in the last 5 years? You are half way to 10 years in terms of your knowing about bitcoin, did you act in those past 5 years?

I will say that in my first year of bitcoin (which was mostly 2014), I was building my BTC position, but it still likely took me a couple of years to start to quite a bit more comfortable, such as in early 2017, so some kinds of comfort can be quite a bit connected to both ongoingly being in bitcoin, but also getting into some level of profitability, and surely none of the profitability is even guaranteed until after it already had happened, and sometimes even being in profits could have some temptations for people to screw up by selling too much too soon and/or failing refusing to hang onto enough bitcoin in order to be prepared for further bitcoin UPpity once a decent amount of Up has already taken place.