What would you say is 'enough' Bitcoin for someone in their early 20s?
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144 sats \ 4 replies \ @TheBTCManual 6 Jun 2022
I don't think you should be tied to a number, bitcoin is just a battery to store your excess purchasing power, if you can have some capital you can put into bitcoin and won't miss it for years, then buy some and fall asleep for 10 years
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8 sats \ 2 replies \ @f321x OP 6 Jun 2022
Just trying to find the equilibrium between building a 'fat' stack and building knowledge (studying instead of working)
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10 sats \ 0 replies \ @TheBTCManual 6 Jun 2022
No time like a crab market to stack and learn, without crazy price action it's easier to avoid distractions. I would recommend picking up some bitcoin books or hitting up some podcasts, like The Bitcoin Standard pod and Bitcoin Dad Pod are some of my favourites
There's a lot to learn so take your time, also stacker peeps will always point you in the right direction when you have questions. I've learned a bunch since I started my account
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5 sats \ 0 replies \ @Modus 6 Jun 2022
21mil / 8billion = 0.0026 btc per human
You could start by saying this is one person's "share," but also if you factor in big holders like Saylor then the median "share" after hyperbitcoinization would be much smaller than 0.0026. Considering that this currently costs $80, most people who read this site could get way way more than that.
Another way to slice it is to make a bitcoin price target. Let's say it goes to two million in 2019 dollars. A fat stack could be anything above $50k in 2019 dollars, depending on how ambitious you are, where you live, etc. That would come out to $775 at today's prices.
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0 sats \ 0 replies \ @go 6 Jun 2022
^ this
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48 sats \ 1 reply \ @k00b 6 Jun 2022
As much as you can get without starving yourself, your relationships, or your purpose.
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1 sat \ 0 replies \ @f321x OP 6 Jun 2022
A very wise answer
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6 sats \ 0 replies \ @KingZing 6 Jun 2022
If you see bitcoin as a necessary mean to take away control from the central banks, then as much as possible.
If you see bitcoin as a speculative investment, then measure your time frame, risk appetite and go on from there. The key is to build wealth.
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0 sats \ 0 replies \ @falsefaucet 6 Jun 2022
option 1
- "If only i could get to 100M sats"
option 2
- "ill never have ENOUGH sats"
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