Hello guys! I’m feeling some Fomp lately (fear of missing profits) I’m not gonna disclose the exact amount of btc I have, but so far I only invested less than $5k. I feel like I should put more, but currently I don’t have any fiat to spare due to some basic necessities. Will that amount be a life changing in the future?
Posted Nov 11, 2021, 7:33 AM UTC
[deleted]
It's all guess work. Here are some simple calculations that float around:
21 million bitcoin / 7 billion people on earth = 0.003 btc/person
Accounting for lost bitcoin (just guessing at the number):
16m bitcoin / 7b people = 0.00229 btc/person
Now, that means there is enough btc for every man, woman, and child on earth to have 229k sats.
Assuming an avg global household size of 5, that's ~1.15 million sats per household.
These numbers also would only be accurate if/when 100% of currencies fail and the world is on a bitcoin standard.
If that's the amount you can afford do it with good fate. I'll advice that you invest only what you do not need soon and can afford to lose. Hitting the market at the right time is an important factor.
If you're looking to make profit on a large scale altcoins like SOL, DOT,DIA, SLP with low MC should be in your portfolio.
Make sure to do your own research and don't assert pressure on yourself mate.
The truth is nobody knows. But the more people understand bitcoin the more people will come to believe.
Don’t invest more than you can afford to lose.
I believe everything about it, and especially in the technology behind it. That’s why I’m just Hodling my btc in my cold wallet. I just can’t help to fomp about it, but yes I only invested the amount I’m not afraid to lose. Learned that from this sub. Thanks for your input good sir!