i see a lot of optimism around 0.1 btc being enough to retire you. even if you have a low time preference, it wonât be enough at least not anytime soon. if youâre already in bitcoin and understand whatâs going to happen to fiat, you should do everything you can to secure at least one or two bitcoin, minimum. this note will probably piss some of you off but thats the truth.
Discussion
Hoy es muy difĂcil llegar a ese nĂșmero
De acuerdo, pero intentar acercarse lo mĂĄs posible deberĂa ser la meta.
More than that I think a continuous stream of conversion between FIAT to BTC is the most important.
This is the best strategy!
tampoco hay alternativa
This shouldnât piss anybody off, this is a reality check and should inspire people to stack even harder
I agree that itâs better to plan in a way that allows you to secure a bigger share, especially if you believe in Bitcoinâs future. But thereâs no need to stress out or feel like youâve lost just because you âonlyâ have 0.1. Even 0.01 is much better than nothing.
So accumulate as much as you reasonably can, but without going overboard, without taking on debt, and without putting your current life at risk.
Its ok to piss people off with facts. My recommendation is to bust your ass to get 1 BTC, then spend all your energy producing value for others over the next decade until you get 1 more. If everyone did that we would already be at 10 M per coin. I like the idea of everyone in the space getting 2.1 BTC. The 10 million club sounds doable for every bitcoiner.
It all depends on the time horizon.
âż0.1 very well might be worth $500,000 in 5 years, and you could retire on that easily given the typical growth rate. We'll see...