How Many Bitcoin Should You Be HODLING??



What is the right amount of Bitcoin to own? How many should you be HODLING? With the next great bull run of 2020 on the horizon, now is the time to be accumulating BTC before the price reaches $10,000+! How many Bitcoin should you own for future success?? Tune in to find out!

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⏰ Time Stamps ⏰
00:08 Introduction
00:33 The Current State of Bitcoin & The Crypto Markets
01:16 Bitcoin Dominance Is Growing Over Altcoins
02:21 Owning A Whole Bitcoin: The 21 Million Club
03:20 Owning 21 Bitcoin: The 1 Million Club
03:56 The Club Numbers May Be Less Due To Lost or Destroyed Coins
04:29 Exact Number of Members In The 2 Clubs Based On Current Data
05:11 .1 BTC or .25 of A BTC Puts You In A Powerful Position In The Future: The 1 Percent Club
06:12 Conclusion

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**Disclaimer**
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Purchasing cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. Past performance does not indicate future results. Open CDPs at your own risk!

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29 thoughts on “How Many Bitcoin Should You Be HODLING??

  1. ⏰ Time Stamps ⏰

    00:08 Introduction

    00:33 The Current State of Bitcoin & The Crypto Markets

    01:16 Bitcoin Dominance Is Growing Over Altcoins

    02:21 Owning A Whole Bitcoin: The 21 Million Club

    03:20 Owning 21 Bitcoin: The 1 Million Club

    03:56 The Club Numbers May Be Less Due To Lost or Destroyed Coins

    04:29 Exact Number of Members In The 2 Clubs Based On Current Data

    05:11 .1 BTC or .25 of A BTC Puts You In A Powerful Position In The Future: The 1 Percent Club

    06:12 Conclusion

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  2. I can’t see how bitcoin becomes a truly global currency that everyone wants unless the world financial system radically changes.

    First, nation-states are heavily invested in existing currencies so they’d essentially have to collapse for people to turn to an unregulated, volatile, uninsured currency.

    Second, the later you get to bitcoin the less exciting it is. Right now, speculation and the chance to see sick gains feed the rush, but when 1B people own it, it won’t be a good investment anymore (it’s not as exciting to own .001 coin for $1,000) so the only way it will have value is if it actually replaces existing currencies, which would once again require them to utterly fail and inflation to be a global problem (which could happen.) This means it would have to be truly liquid (buy groceries, pay bills with BC.)

    Third, it needs to really stabilize to become valuable as a real currency. But how is stability achieved without a financial system to support it? This was the whole idea behind a banking system that could control the money supply and prevent the dramatic swings and bank runs that happen in panics.

    If people feel their money is in danger and have any way to get it out, they will do so fast and bitcoin has no safeguards to prevent this yet.

    Overall, I’m betting fiat currency’s days are numbered, but it’s a gamble. Maybe BC resolves all it’s problems and maybe the world adopts it as a true replacement currency over the next couple of decades, but it’s anyone’s guess.

    Overall, the risk of not owning some bitcoin is greater now than not owning any for me, so I’m in but I think one coin is all I’d care to strive for, but even .5 should do. If BC fails I’m not out too much, and if it succeeds it could be a nice nest egg. Time will tell.

  3. I gave my best friend .25 bitcoin a few years ago as partial payment for a real estate project we did together. I think he'll be quite pleased by your assessment. Other experts have recommended owning just one bitcoin, but I don't think it's the best thing to sink money into after all the forks. Of course I got mine before the forks . . . I think DGB is the best asset out there with the most promise to make money and it's not like one has to wait for BTC to take over the SWIFT system before BTC becomes a MEGA crypto. Owning DGB is like getting into BTC when it was priced in the dollars and cents and should rival LTC as a means of exchange.

  4. Yeah dude whats with encouraging people to talk about their crypto holdings.
    You use to be cool Chico. Your too smart to say something that stupid.
    If you like my comment respond by leaving your social security number.

  5. 21 million is not hard coded into the protocol, it's a derived value based off the initial miner reward + the time between each halving. There's nothing actually stopping Bitcoin devs in the future changing the code of the protocol to increase the supply. We say now its 21 million, but lets see what happens in a few years when miners and the like rally together to push for an increased supply/miner reward. I hope this doesn't happen, but there's a good chance it will

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