Post
Topic
Board Bitcoin Discussion
Re: If someone holds 1 bitcoin in 2023, can he call himself rich ?
by
CryptopreneurBrainboss
on 23/10/2023, 22:24:37 UTC
If someone holds 1 bitcoin in 2023, can he call himself rich ? If not, how many bitcoins holding is equal to being rich in your opinion ?

You're rich in Bitcoin but you aren't rich in fiats yet of that's what you're asking about, I said you're rich in Bitcoin because you're among the few people that'll have the opportunity to own 1 Bitcoin. You won't be rich today but you'll definitely be rich in the future when Bitcoin gains more global acceptance. We're still early in the industry as a lot of people are yet to come into the industry and because they're still doubting how successful the market will be. This set of people are those that'll be buying the Bitcoin we're accumulating now that they're scared or ignorant of the market.

We shouldn't be after the short term profits and wanting to be rich quick but investing for the future and keep on buying and hoarding (accumulating and Hodling). The reward will be gotten in the future and that's where we should be setting our target for and not what's happening in the market in 2023. We still have a very long time to go so we shouldn't but be motivated to keep on investing in Bitcoin.