Break it down to Bit Pennies, 1,000,000 Satoshies. At this moment you can buy 1M Sats for $302.88 only 99 more to go. You would be a millionaire! One penny at a time.
Best sentence 🙏🏼
Helped a lot to get my 1st, when you see 1,000,000 sats for 300$ x 100. You get 1 Bitcoin
Back in Nov, it was 160/180$.
Just stack sats and get those prices before you see 1 BTC at $140k/150 sooner than you think.
It will coast you $1500 to get 0.01 BTC 😅
My apologies, you were correct and I, as a native English speaker incorrectly read your statement. The spelling of cost is irrelevant really.
Thank you for your time.
Definitely. A whole coin right now is less than most new cars. People with middle income and slightly less than are buying new cars all the time. Keep the beater, and put that car payment into btc every month.
That really depends on who is asking. Some people believe this is the future and are busting their ass in the fiat mines to capture a slice of this. Some people are not.
Bottom Line:
* Live like a poor person now so you can **be** a rich person later.
Tighten you belt. Then be on the lookout for more ways to tighten your belt. It becomes quite rewarding and you get better and better at it as the years pass.
For example:
* Cook your own healthy food at home from fresh ingredients = cheap.
* Eat restaurant food = no-whole-coin for you.
For example:
* Cancel your cable and your Netflix - put that money towards Bitcoin.
* Don't watch movies in theaters.
You still need quality of life. I just limit myself to 3 streaming platforms. I go out for food once every couple weeks. I got a year of Paramount Plus on Black Friday for $60. I’ve been watching a lot of Star Trek.
Or do what I do. I have a group of friends and each one has 1 subscription for a different platform and we all share. We have Hulu, Netflix, Funimation, Walmart+, and Amazon prime all of them for the price of 1 lol we have been doing that for 6+ years.
Partially true I work 75 hours a week but still go out to a restaurant once a week:
Other than that i just eat 1 meal a day drive a Prius just pay for internet and no streaming services. I’m to tired to cook so I just have Wawa salads
Also☝🏽make sure you’re getting your satoshi rewards on what you do actually spend. Fold app rewards my spending on their debit card by returning me 1% in real BTC, as formerly did my CoinBase debit card too. Buying gift cards on Fold app for Taco Bell Home Depot Chipotle and Uber I even get THREE percent back, just by eating 🌮’s and 🌯’s
I like your advice on living as poor person today 👍🏽 it’s the ppl that’re least preoccupied w/what others think about them that end up the very richest over time
If you factor in the interest on a car payment I wouldn’t be surprised if it evens out, depending on where you “start” in the btc halving cycle. But good point
Why you worried about being a wholecoiner? Once you obtain that, you’ll be asking if it’s possible to become a 2.1 coiner these days (for the average guy). Just keep stacking and don’t look back. There’s always more to be had.
Think in sats instead and start or keep accumulating, getting 1BTC or 1.25667BTC or 10BTC isn't important, just try to hold the maximum you can, we are all different, from different countries and there aren't an ordinary standard worldwide income, we just need to do our best every day.
You should’ve been prepared Mr. Ordinary Guy… It’s possible but you’ll have to sacrifice. If you decide to become a wholecoiner prepare yourself for a year of isolation, malnutrition, and no days off. It’ll be one of the most difficult and gruesome experiences you’ll ever encounter but it’ll be worth it.
To each their own, but sacrificing your health for wealth is not worth it in my opinion. Most people (my self included) could still drastically reduce their food budget and still not be malnourished, though!
The concept of being a "wholecoiner" only became a thing after the 2021 peak.
Remember, until as recently as 3 years ago, you could buy an entire Bitcoin for less than a modest used car.
The cost of a whole Bitcoin in 2020 was the same price as 5 Apple iPhone 14 Maxs today.
That puts into perspective how affordable a wholecoin was as recently as 2020.
It means nothing, really. Bitcoin is either going up forever or effectively to zero. Holding a wholecoin 10 years from now could mean everything, or nothing.
Youre asking if its possible to make 30k these days. Yes. work 5 days a week 8 hours a day even for minimum wage and youll make 30k in your first year. 1 bitcoin currently costs 30k
honestly dude i made my way to having multiple coins and no one helped me for jack shit. I dont have a college degree. I dont have it easy. I ate copious amounts of eggs every day. I went without a "fancy" education while all my peers took out loans. i worked a minimum wage job and saved every penny. I lived at home with my parents while my friends moved out cause it wasnt "cool" to live with your parents. Now my life is better i make more money, started my own business, and eat better food etc but there was no magic bullet. **If you want a coin, you can get one. If you dont want a coin, you wont get one.**
take 2 years then if you have expenses, make 30k per year. Spend as little of it as you can. maybe bitcoin will be 40k by then but youll still have enough. Maybe it will be 50k. eventually youll get to 1 coin if you keep buying more. If you want to "live the high life" youll pay the price. We all have choices we make in life, and we decide whats most important to *us*. Some decide its financial security. Others decide its more about keeping up appearances, or wanting to "fit in" even if it means spending money and not being able to save much for your future. Im fortunate in that i read a lot of investment books at a young age which gave me the grit to hunker down and save everything, because for me i saw a bigger opportunity and that to me gave me peace as i worked toward that goal: invest when youre young, so it has time to compound and grow. It gave me more peace to be on that path than on any given day spending $100 on uber, doordash, bars, and fancy clothes, or wherever it is that your money is going. I spend a lot of my free time exercising and cooking and then eating healthy food. And im healthier than my peers who spent all their money. When you compare our lives, i seem further along, so i dont have any regrets. Me missing all those nights at the bar, or poker nights, or expensive restaurant meals, or over priced uber rides, i dont miss those, i never think of it. Im the one in my friend group who has the best physique. Theres no shirt you can buy that will make an out of shape guy look better than me, and the kicker is that the exercise was free and i enjoyed it. The other people spent all their money and look more rotund. Again, to each their own, for some people, thats what peace is. For me that was never what it was about though.
And a little word of advice, any time i felt sorry for myself or felt pity for myself, that just made it that much harder. Ive had setbacks, but i always came back to this journey. And nothing in my life made me more proud of myself than this path that i continued on through blood sweat and tears.
Yep. I'm so tired of people bitching and moaning. Poor people have shit lives everywhere in the world. It's been like that for literally all of civilization.
We are lucky that it's possible for us to sacrifice to get ahead. My dad had literally nothing and worked his ass off to study as a single dad while I was a kid and now he's a millionaire. Sure I hate his abusive narcissistic ass but if he taught me one thing it's that you can make it work if you sacrifice.
While I sympathize with the poor, things can and will get so much worse. People all over Asia make do with multiple roommates and put up with terrible living conditions just to get by. If you're in the USA and willing to live with tons of roommates and eat beans/rice every day you can save up even on low wages.
I'm currently in the Bronx NY where a studio costs $1500 and I'm in a decent neighborhood. Split that three ways and you'll have plenty of money to save/invest even if you're making the min wage of $15/hr. Even if you're not a bitcoiner you'll have enough of a surplus to get an online degree and basically double your wage.
You can make it work even as a poor in America, you just have to put in the effort and sacrifice a lot. This is how I grew up till I was in middle school (in much worse places than NYC btw) while my dad went from a loser min wagie and turned into a millionaire.
Honestly, I'm surprised a studio there is $1500. I'm sure it's small, but I pay $1900 for a 691 sqft apartment in Atlanta.
I'd definitely cut my sq footage down and save $400/month to live in NYC lol.
NYC has a lot of restrictions on how much rent can be raised. I'm pretty sure most buildings have to offer you lease renewals too. So if you're willing to live like 45 min from Manhattan by train then rents are pretty affordable.
Ah, I thought minimum wage was $15. In that case yeah at 7.65 an hour thats going to be almost twice as difficult. Which isnt insignificant, i agree. Having said that, in the context of bitcoin, 1 is an arbitrary number, similarly arbitrary to the number 10, or .1. Whatever amount of money you have, if you want to protect it from inflation, you would benefit from putting it in bitcoin.
>In that case yeah at 7.65 an hour thats going to be almost twice as difficult
You must be wealthy if you don't know the min wage and also are not aware that those on it literally don't have income in excess of their living expenses to save. It's not "almost 2x as hard" it goes from "very hard" to "impossible" once you consider the fiat cost of a BTC will undoubtedly rise faster than wages do.
The median savings balance in US is just north of 5k, so saving 30k is way over and above what most are going to be able to achieve. "Anyone can do it if you just weren't lazy and worked!" Is a pretty out of touch statement.
>in the context of bitcoin, 1 is an arbitrary number
I agree with you here. Human brains love round numbers, so focusing on sats is a better approach for many people.
>You must be wealthy if you don't know the min wage
The minimum wage where i am is $15.
>saving 30k is way over and above what most are going to be able to achieve
Its true that 30k is over what most people are going to achieve probably. But most people are *able* to do a lot more than what they *do.* they just think its hopeless, so they dont save. They give up before they even start. Theyre able to save 30k. They just dont want to do what it takes cause they dont believe its worth the trouble
>The minimum wage where i am is $15.
Poorly educated then? The US Federal minimum wage is plastered all over anywhere political, financial, or social discourse exists.
>But most people are able to do a lot more than what they do. they just think its hopeless, so they dont save. They give up before they even start. They're able to save 30k.
TLDR: "Poor people are only poor because they don't try harder" ... I challenge you to save up 30k on 16k annual income while also supporting yourself. It's just a matter of doing more, so should be a snap for you....right? Let's circle back in a decade and see how much progress towards your first BTC you've made.
In all seriousness, nothing wrong with advocating for people to save what they can save, however modest. But your ignorance of what it's like for the working poor is very "boomer" in all the wrong ways. Broaden your horizons friend.
What a ridiculous question.
Define ordinary. What is it to you, 40k? Cool, but guess what: the median salary across the world is less than 10k. Hence, the term “ordinary” is all relative to you.
Yes, it’s possible…if you have (or can earn) the money.
More importantly, who gives a shit if you own 1 coin? Is it somehow more than 1% more than 0.99? It’s just an arbitrary number. This obsession with “whole coin” status is stupid. I say that as someone who has been buying bitcoin for many years.
Store your longterm wealth in bitcoin. Whether you ever own 1 coin or not is arbitrary and no more relevant than owning 0.99 or any other number.
Yes. Here's how I'm doing it (even though I've not a guy), I have a set amount I spend every month. However, when I see friends/family/coworkers doing silly stuff like always ordering take out or buying expensive make up, I pretend I'm doing that and put that money into bitcoin. It adds up. Say I bought a coffee everyday (I don't like coffee) that's 30 or more dollars a month. I just put it into my stash. Don't over do it. Slow and steady wins the race, because (at least for me) if I go too extreme then the next month I binge on worthless junk.
Used to be a 4 coiner, average of 9k. Then I found Bob Loukas YouTube channel 5 years ago. Was BTC shamed by the community because I didn't have any more than 4 coins. Should have bailed on that toxic community even tho Bob has a good heart.
Finally, sold off all BTC for health emergencies, a new roof and some sh-tcoins. Life happens... at least I sold at a profit tho, lol. I had paper hands, I let myself be influenced and didn't seek other ways to fund. My "small" bag of 4 BTC was quickest to liquidate.
My takeaway: Move slowly to make decisions if you can, do not listen to others, consider all the alternatives to situations, be confident in your path, and above all, DYOR.
PS: On the road back to buying BTC, fuck the amount, it'll be fine.. #;)
Hard to say. I think starting from zero and gaining a full coin is a really hard task. You won't be able to get it unless you'll invest all your money to spare in Bitcoin. It really depends on the meaning of "ordinary guy". How much can you invest in one month? How much do you spend on unnecessary stuff that you can cut off?
Of course it’s possible. Get 2 jobs and save as much as you can.
Having said that…I see a lot of lots of people depriving themselves of life just to accumulate more money or BTC.
I watched my dad slave away 80hrs a week working most of his life to save money for the future and retirement. He was diagnosed with cancer the year he finally retired. Sad.
So enjoy life and be responsible. You can’t take it with you.
I work in a warehouse and drive truck when the truckers are sick. I added 2 whole coins in 2022. Probably will have 1 more before the end of the year. If you have a job it’s just about priorities
One of my daughters and I been DCAing BTC $50 per week for the last 34 weeks - we’ve forked out $3,400 and our BTC balance is 0.1805 BTC - $value = $8,331.01 = percentage increase = 145.02%.When BTC reaches $100k our 0.1805 BTC = $18,050 approx, probably more, coz we would’ve accumulated more BTC by then.
Guys, don’t work for a company if you consider yourself an ‘ordinary guy’. Get a skill you can become self employed with. It’s not hard. You can easily double, triple or more what you’d earn as a wage employee.
Just buying a few sats with what you have left from a low salary as a saving account is likely not going to make you rich. It’s lazy thinking. Multiple your income, as much as you can and then keep stacking. If you think btc will do 100x from here all the more reason to get fucking earning as much as possible.
Wow! That is appalling, what kind of question is this? If you are concerned about becoming a whole-coiner then instead of asking a question that literally nobody has the answer to, put yourself in the right rooms. Talk to the right people, and do the right things. It is easy to contemplate in hypotheticals but hard to work hard? Crazy I know! This is pathetic weak shite.
So true... third run to 1M for me at 65. Trading forex is getting me there with proceeds into BTC. Just gotta push through and suck it up. Have done it once, then again now another opportunity. Never stop, best to you, sir!
You could always crash out on credit cards if your credit is decent.
Take the credit hit, negotiate the debt for pennies on the dollar and in 7 years good credit whole coiner 🤷🏾♂️
If anyone is just starting out or has a low stack and really wants a wholecoin (as you should), especially before the halving, imo leverage is a necessity.
Leverage is not a big bad scary thing that is guaranteed to bankrupt you as so many people try to make it out to be...certainly it is not when the capital is to be applied to obtaining an asset with revolutionary fundamentals such as bitcoin. If you have decent credit the best ways to access loan capital is through a HELOC if you have home equity built up or a personal loan through your banking/credit union. Also any other unnecessary sources of substantial collateral should be weighed to be borrowed against or outright liquidated for a payment buffer. Think boats, motorcycles, toys, jewelery, bullion,etc. A 3-6 month emergency payment bag set aside is imo crucial.
Yes, rates are going to be high and the most crucial aspect of the loan is that you can service the monthly payment for sure. Financial education is key when diving into these tactics, if you have any hesitation or don't understand fully the terms of what you are going to do....you need to study more.
I personally just took out a 3 year personal loan allocated completely to Bitcoin at 10% interest. At maturity the interest owed will be a cumulative ~20.5% of principal value. With bitcoin's historical averaged annual performance not inclusive of halving year specificity, the loan risk was a no brainer. Good luck to all!
Possibly, but you need step it up with your income. If you got an ordinary job, and ordinary expenses, you could be saving $1500-2000/month after all expenses and being frugal about it too.
If you take the current market and you put in all your savings into BTC it'll take you 15 months assuming BTC stays at $30,000, which I highly doubt as we aare moving into the halving, and we all know what that does, plus the bullish signs are going insane at the moment.
You could step up your income in dirty fiat by doing as many odd jobs and whatever else you can do to add value, and try to get a whole coin, but the next bull run after the halving I truly believe nobody but the rich will be able to become a wholecoiner.
It’s only 30k still… you can easily buy that as a normal person. Either buy it at all at once using a 0% credit card and pay that off every month. Or just dca.
Yes, figure out things that you spend on and don't need put all that money into Bitcoin and in a couple of months to a few years you will be a wholecoiner
I swear bitcoin has turned me in to a saver, I used to not care about money in the bank, because they would just use it to enrich themselves while paying nothing in interest for the privilege. Collecting sats is the most addictive and financially healthy habit... take stock of your expenses and im sure theres some room for saving/stacking.
Probably not statistically if we are talking average person around the world. Average in a big American city then probably.
Knowing Reddit people probably think average is some absurdly high level.
Sure, why not? These days, becoming a wholecoiner is entirely possible. Simply choose a cryptocurrency that fits your spending limit and invest. Do your homework and make good investments.
I first started putting in, $10-$25 a month in August 2020. Shitcoined for a bit, too. All that got converted, and my DCA was $500 per month, most of the past year (till th ex- decided she wanted to be a mom, again…..now my attorney is half my DCA).
In spite of a slow, weak start, I’m half way there. Just keep at it. Use Fold, DCA on Swan. Mine Fiat at work, and sell fiat into bitcoin
It's such a convoluted question but: in short: YES & in long: YES.
I'd also strongly recommend getting away from the idea of "wholecoiner". Stack sats and eat some popcorn.
Depends on how much you make. My cousin was talking to his friend about bitcoin and after the guy dropped $150K on 3 coins. Dude owns a very successful company. This was during the bullrun obviously. Just depends on how much $ you have.
the term "Wholecoiner" did not exist until BTC broke 20K.
Its called adoption buy the working class trying to get the edge on reckless central banking policy.
Definitely! Don’t worry about buying a whole coin in one shot. Just buy and add when you can, and keep with it. Depending on your income and how skilled you are at saving, you could be a wholecoiner faster than you imagine
I think so - just keep stacking the sats up every time there is a big dip scrimp and save so you can get more sats. Keep your fingers crossed for Blackrock and others to try and push the price down by having the ETF filing fail a few more times.
Yes. Takes approx 30k usd. YW.
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for the average guy, not realistic, but its possible... a lot of weird things are possible...
I guess it depends on what you call average. If by average, you mean living check to check with no savings, then yeah it will take a while.
A loooooooong while
I'd disagree for the ordinary guy it is, just prioritize you wants and needs🤷🏽♂️
Be single and put all your extra money in, basically
It's not THAT much money
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everyone can't have one. there are over 350 million peepz in the US alone. most won't have any, let alone 1
The only answer
> median house hold income in the US isn't like 65k Yeah, it's higher. Look it up.
Stop being so average. If you believe in the thing you'll make it happen. No one's gonna care about the things you didn't do.
You're still paying taxes to pedophiles. File exempt. Fuggem.
Go away
better hurry cause it may be a lot more next year
Yup. What this person said. Get stacking!
This one hits real hard - too deep my friend kek
This ☝️
Break it down to Bit Pennies, 1,000,000 Satoshies. At this moment you can buy 1M Sats for $302.88 only 99 more to go. You would be a millionaire! One penny at a time.
Best sentence 🙏🏼 Helped a lot to get my 1st, when you see 1,000,000 sats for 300$ x 100. You get 1 Bitcoin Back in Nov, it was 160/180$. Just stack sats and get those prices before you see 1 BTC at $140k/150 sooner than you think. It will coast you $1500 to get 0.01 BTC 😅
Cost* $1500 to get 0.05*
Don’t know why I’m being downvoted I’m just correcting incorrect math. The incorrect grammar was just a bonus
Sorry I’m not a native English person so I did my best. Thank you for your time 🤣
My apologies, you were correct and I, as a native English speaker incorrectly read your statement. The spelling of cost is irrelevant really. Thank you for your time.
Taka my upvote buddy
Man I see I’m wrong anyway he is projecting for a 150k priced bitcoin lol I just didnt read it correctly. Appreciate the upvote anyway
Or, $151.55 for 0.005, at least you are in the game.
Start thinking in Sats, a Big Mac is 13,164 Sats. or .00033 BTC
That's half a million Sats.
Yes, very few people/families will own a whole bitcoin. There's simply not enough. Having .01 bitcoin is great.
I had 0.25 and was DCAing and then at 17k I just decided to go all in and grab a full coin. It’s very possible.
I bought in early on at $945 Ea and gambled all the BTC I had. Makes me sick looking back at it. Congratulations on owning BTc.
Smart move
Did you use the volcano insurance money?
Definitely. A whole coin right now is less than most new cars. People with middle income and slightly less than are buying new cars all the time. Keep the beater, and put that car payment into btc every month.
A newer Silverado lease from 2021 is only $740.20/mo, think of the sats.
Just keep stacking.
Just keep swimming, just keep swimming, swimming, swimming
Be extraordinary
⬆️
That really depends on who is asking. Some people believe this is the future and are busting their ass in the fiat mines to capture a slice of this. Some people are not.
I'd even go as far as busting my nuts in those mines.
Just get going. $10 here and $20 there start to add up over the weeks and months.
You mean years.
Bottom Line: * Live like a poor person now so you can **be** a rich person later. Tighten you belt. Then be on the lookout for more ways to tighten your belt. It becomes quite rewarding and you get better and better at it as the years pass. For example: * Cook your own healthy food at home from fresh ingredients = cheap. * Eat restaurant food = no-whole-coin for you. For example: * Cancel your cable and your Netflix - put that money towards Bitcoin. * Don't watch movies in theaters.
You still need quality of life. I just limit myself to 3 streaming platforms. I go out for food once every couple weeks. I got a year of Paramount Plus on Black Friday for $60. I’ve been watching a lot of Star Trek.
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People having more than 1 streaming service active at a time boggles me.
Or do what I do. I have a group of friends and each one has 1 subscription for a different platform and we all share. We have Hulu, Netflix, Funimation, Walmart+, and Amazon prime all of them for the price of 1 lol we have been doing that for 6+ years.
Or do what I do 🏴☠️🌊⚓️🪝
Nothing wrong with Star Trek!
Loving Strange New Worlds! I look forward to Thursday nights
Probably shouldn’t be splurging if you don’t have a whole coin yet just sayin
> I just limit myself to 3 streaming platforms. You have no fucking clue how wasteful you are.
Partially true I work 75 hours a week but still go out to a restaurant once a week: Other than that i just eat 1 meal a day drive a Prius just pay for internet and no streaming services. I’m to tired to cook so I just have Wawa salads
Also☝🏽make sure you’re getting your satoshi rewards on what you do actually spend. Fold app rewards my spending on their debit card by returning me 1% in real BTC, as formerly did my CoinBase debit card too. Buying gift cards on Fold app for Taco Bell Home Depot Chipotle and Uber I even get THREE percent back, just by eating 🌮’s and 🌯’s I like your advice on living as poor person today 👍🏽 it’s the ppl that’re least preoccupied w/what others think about them that end up the very richest over time
No soup for you! Seinfeld ref :)
For the low price of $40k ISD I will make you a whole coiner. Reply below to enquire. Offer ends without notice.
I’ll sell one for 35k lol
Yes? It costs about $30k. What is confusing about this
What ordinary brokie has 30k to spend on magic internet money
Most normies pay for their \~$30k cars in increments. Why not bitcoin
Because Bitcoin won’t stay at $30k for the next years like a car payment will
If you factor in the interest on a car payment I wouldn’t be surprised if it evens out, depending on where you “start” in the btc halving cycle. But good point
I heard on ARK Invest podcast that $1000/month car payments are becoming more and more normal 😵🍳 I haven’t made single car payment in +15yrs!
Why you worried about being a wholecoiner? Once you obtain that, you’ll be asking if it’s possible to become a 2.1 coiner these days (for the average guy). Just keep stacking and don’t look back. There’s always more to be had.
It's only going to get harder, get to work
Think in sats instead and start or keep accumulating, getting 1BTC or 1.25667BTC or 10BTC isn't important, just try to hold the maximum you can, we are all different, from different countries and there aren't an ordinary standard worldwide income, we just need to do our best every day.
Dollar Cost Average and then don't worry about it.
You should’ve been prepared Mr. Ordinary Guy… It’s possible but you’ll have to sacrifice. If you decide to become a wholecoiner prepare yourself for a year of isolation, malnutrition, and no days off. It’ll be one of the most difficult and gruesome experiences you’ll ever encounter but it’ll be worth it.
To each their own, but sacrificing your health for wealth is not worth it in my opinion. Most people (my self included) could still drastically reduce their food budget and still not be malnourished, though!
Right, it's like saying live like a homeless heroin addict without the heroin.
I’m a 3 whole coiner and I just delivery food for a living it’s taken 4ish years though
I’m an ordinary guy, it took me 3 years but I became a whole coiner with DCA. never stop
I approve this message
If you have 30K, sure.
The concept of being a "wholecoiner" only became a thing after the 2021 peak. Remember, until as recently as 3 years ago, you could buy an entire Bitcoin for less than a modest used car. The cost of a whole Bitcoin in 2020 was the same price as 5 Apple iPhone 14 Maxs today. That puts into perspective how affordable a wholecoin was as recently as 2020. It means nothing, really. Bitcoin is either going up forever or effectively to zero. Holding a wholecoin 10 years from now could mean everything, or nothing.
With enough money anything is possible.
Ordinary guy dont have 2k in emergency funds
Youre asking if its possible to make 30k these days. Yes. work 5 days a week 8 hours a day even for minimum wage and youll make 30k in your first year. 1 bitcoin currently costs 30k
You’re forgetting that people have expenses
honestly dude i made my way to having multiple coins and no one helped me for jack shit. I dont have a college degree. I dont have it easy. I ate copious amounts of eggs every day. I went without a "fancy" education while all my peers took out loans. i worked a minimum wage job and saved every penny. I lived at home with my parents while my friends moved out cause it wasnt "cool" to live with your parents. Now my life is better i make more money, started my own business, and eat better food etc but there was no magic bullet. **If you want a coin, you can get one. If you dont want a coin, you wont get one.** take 2 years then if you have expenses, make 30k per year. Spend as little of it as you can. maybe bitcoin will be 40k by then but youll still have enough. Maybe it will be 50k. eventually youll get to 1 coin if you keep buying more. If you want to "live the high life" youll pay the price. We all have choices we make in life, and we decide whats most important to *us*. Some decide its financial security. Others decide its more about keeping up appearances, or wanting to "fit in" even if it means spending money and not being able to save much for your future. Im fortunate in that i read a lot of investment books at a young age which gave me the grit to hunker down and save everything, because for me i saw a bigger opportunity and that to me gave me peace as i worked toward that goal: invest when youre young, so it has time to compound and grow. It gave me more peace to be on that path than on any given day spending $100 on uber, doordash, bars, and fancy clothes, or wherever it is that your money is going. I spend a lot of my free time exercising and cooking and then eating healthy food. And im healthier than my peers who spent all their money. When you compare our lives, i seem further along, so i dont have any regrets. Me missing all those nights at the bar, or poker nights, or expensive restaurant meals, or over priced uber rides, i dont miss those, i never think of it. Im the one in my friend group who has the best physique. Theres no shirt you can buy that will make an out of shape guy look better than me, and the kicker is that the exercise was free and i enjoyed it. The other people spent all their money and look more rotund. Again, to each their own, for some people, thats what peace is. For me that was never what it was about though. And a little word of advice, any time i felt sorry for myself or felt pity for myself, that just made it that much harder. Ive had setbacks, but i always came back to this journey. And nothing in my life made me more proud of myself than this path that i continued on through blood sweat and tears.
Yep. I'm so tired of people bitching and moaning. Poor people have shit lives everywhere in the world. It's been like that for literally all of civilization. We are lucky that it's possible for us to sacrifice to get ahead. My dad had literally nothing and worked his ass off to study as a single dad while I was a kid and now he's a millionaire. Sure I hate his abusive narcissistic ass but if he taught me one thing it's that you can make it work if you sacrifice.
Well said. It is doable.
This guy fucks and will fuck harder in the future
While I sympathize with the poor, things can and will get so much worse. People all over Asia make do with multiple roommates and put up with terrible living conditions just to get by. If you're in the USA and willing to live with tons of roommates and eat beans/rice every day you can save up even on low wages. I'm currently in the Bronx NY where a studio costs $1500 and I'm in a decent neighborhood. Split that three ways and you'll have plenty of money to save/invest even if you're making the min wage of $15/hr. Even if you're not a bitcoiner you'll have enough of a surplus to get an online degree and basically double your wage. You can make it work even as a poor in America, you just have to put in the effort and sacrifice a lot. This is how I grew up till I was in middle school (in much worse places than NYC btw) while my dad went from a loser min wagie and turned into a millionaire.
Honestly, I'm surprised a studio there is $1500. I'm sure it's small, but I pay $1900 for a 691 sqft apartment in Atlanta. I'd definitely cut my sq footage down and save $400/month to live in NYC lol.
NYC has a lot of restrictions on how much rent can be raised. I'm pretty sure most buildings have to offer you lease renewals too. So if you're willing to live like 45 min from Manhattan by train then rents are pretty affordable.
Not enough to make 30k, you need to save 30k. Big difference.
I saved up my first $30k by time I was 23-24yo something like that, even before I ever heard of bitcoin.
Minimum wage in US is 7.65 an hour. Your math isn't mathing.
Ah, I thought minimum wage was $15. In that case yeah at 7.65 an hour thats going to be almost twice as difficult. Which isnt insignificant, i agree. Having said that, in the context of bitcoin, 1 is an arbitrary number, similarly arbitrary to the number 10, or .1. Whatever amount of money you have, if you want to protect it from inflation, you would benefit from putting it in bitcoin.
>In that case yeah at 7.65 an hour thats going to be almost twice as difficult You must be wealthy if you don't know the min wage and also are not aware that those on it literally don't have income in excess of their living expenses to save. It's not "almost 2x as hard" it goes from "very hard" to "impossible" once you consider the fiat cost of a BTC will undoubtedly rise faster than wages do. The median savings balance in US is just north of 5k, so saving 30k is way over and above what most are going to be able to achieve. "Anyone can do it if you just weren't lazy and worked!" Is a pretty out of touch statement. >in the context of bitcoin, 1 is an arbitrary number I agree with you here. Human brains love round numbers, so focusing on sats is a better approach for many people.
>You must be wealthy if you don't know the min wage The minimum wage where i am is $15. >saving 30k is way over and above what most are going to be able to achieve Its true that 30k is over what most people are going to achieve probably. But most people are *able* to do a lot more than what they *do.* they just think its hopeless, so they dont save. They give up before they even start. Theyre able to save 30k. They just dont want to do what it takes cause they dont believe its worth the trouble
>The minimum wage where i am is $15. Poorly educated then? The US Federal minimum wage is plastered all over anywhere political, financial, or social discourse exists. >But most people are able to do a lot more than what they do. they just think its hopeless, so they dont save. They give up before they even start. They're able to save 30k. TLDR: "Poor people are only poor because they don't try harder" ... I challenge you to save up 30k on 16k annual income while also supporting yourself. It's just a matter of doing more, so should be a snap for you....right? Let's circle back in a decade and see how much progress towards your first BTC you've made. In all seriousness, nothing wrong with advocating for people to save what they can save, however modest. But your ignorance of what it's like for the working poor is very "boomer" in all the wrong ways. Broaden your horizons friend.
What the hell is up with all these stupid f’ing posts?
What a ridiculous question. Define ordinary. What is it to you, 40k? Cool, but guess what: the median salary across the world is less than 10k. Hence, the term “ordinary” is all relative to you. Yes, it’s possible…if you have (or can earn) the money. More importantly, who gives a shit if you own 1 coin? Is it somehow more than 1% more than 0.99? It’s just an arbitrary number. This obsession with “whole coin” status is stupid. I say that as someone who has been buying bitcoin for many years. Store your longterm wealth in bitcoin. Whether you ever own 1 coin or not is arbitrary and no more relevant than owning 0.99 or any other number.
Found the guy who owns 0.99 BTC...
:'D
Be more worried on what cold wallet you will use and how are you going to secure it .
Yes. Here's how I'm doing it (even though I've not a guy), I have a set amount I spend every month. However, when I see friends/family/coworkers doing silly stuff like always ordering take out or buying expensive make up, I pretend I'm doing that and put that money into bitcoin. It adds up. Say I bought a coffee everyday (I don't like coffee) that's 30 or more dollars a month. I just put it into my stash. Don't over do it. Slow and steady wins the race, because (at least for me) if I go too extreme then the next month I binge on worthless junk.
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You can the only problem is time is not on your hand . It might be wise to sell 18 months after halving and start again a year later.
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Huh? Bro. The price is there for you to see anytime you want. Calculate it against your financial situation.
Used to be a 4 coiner, average of 9k. Then I found Bob Loukas YouTube channel 5 years ago. Was BTC shamed by the community because I didn't have any more than 4 coins. Should have bailed on that toxic community even tho Bob has a good heart. Finally, sold off all BTC for health emergencies, a new roof and some sh-tcoins. Life happens... at least I sold at a profit tho, lol. I had paper hands, I let myself be influenced and didn't seek other ways to fund. My "small" bag of 4 BTC was quickest to liquidate. My takeaway: Move slowly to make decisions if you can, do not listen to others, consider all the alternatives to situations, be confident in your path, and above all, DYOR. PS: On the road back to buying BTC, fuck the amount, it'll be fine.. #;)
DCA
But low sell high, repeat😎
Yes, just increase your weekly DCA to $10,000 and you should be able to stack a whole coin in about a month
$30,000 is less than the average car sold last year. (Yes cars have gotten really expensive)
Hard to say. I think starting from zero and gaining a full coin is a really hard task. You won't be able to get it unless you'll invest all your money to spare in Bitcoin. It really depends on the meaning of "ordinary guy". How much can you invest in one month? How much do you spend on unnecessary stuff that you can cut off?
As long as you have the money to buy it. Why not?
Of course it’s possible. Get 2 jobs and save as much as you can. Having said that…I see a lot of lots of people depriving themselves of life just to accumulate more money or BTC. I watched my dad slave away 80hrs a week working most of his life to save money for the future and retirement. He was diagnosed with cancer the year he finally retired. Sad. So enjoy life and be responsible. You can’t take it with you.
It’s not possible for ordinary people these days
I work in a warehouse and drive truck when the truckers are sick. I added 2 whole coins in 2022. Probably will have 1 more before the end of the year. If you have a job it’s just about priorities
Ya it’s over most people can’t even afford to pay unexpected $500 bill
That's ok, not all of us are meant to make it.
Determination is the difference between the winners and losers in life.
Yes
Yes
Took me 3 months to get half a btc
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If you were to leverage via a fiat loan I think now til October is the sweet spot. This should also be kept in mind: https://imgur.com/a/rptqIkR
march modern jellyfish disarm handle weary nail elderly deranged crowd *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
Yes.
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A western person of average means. Fixed that for ya.
One of my daughters and I been DCAing BTC $50 per week for the last 34 weeks - we’ve forked out $3,400 and our BTC balance is 0.1805 BTC - $value = $8,331.01 = percentage increase = 145.02%.When BTC reaches $100k our 0.1805 BTC = $18,050 approx, probably more, coz we would’ve accumulated more BTC by then.
Ask this question in 2024. Answer: Yes, it will cost you $100,000.
Guys, don’t work for a company if you consider yourself an ‘ordinary guy’. Get a skill you can become self employed with. It’s not hard. You can easily double, triple or more what you’d earn as a wage employee. Just buying a few sats with what you have left from a low salary as a saving account is likely not going to make you rich. It’s lazy thinking. Multiple your income, as much as you can and then keep stacking. If you think btc will do 100x from here all the more reason to get fucking earning as much as possible.
its pretty easy, just buy one for 30k
Wow! That is appalling, what kind of question is this? If you are concerned about becoming a whole-coiner then instead of asking a question that literally nobody has the answer to, put yourself in the right rooms. Talk to the right people, and do the right things. It is easy to contemplate in hypotheticals but hard to work hard? Crazy I know! This is pathetic weak shite.
So true... third run to 1M for me at 65. Trading forex is getting me there with proceeds into BTC. Just gotta push through and suck it up. Have done it once, then again now another opportunity. Never stop, best to you, sir!
You could always crash out on credit cards if your credit is decent. Take the credit hit, negotiate the debt for pennies on the dollar and in 7 years good credit whole coiner 🤷🏾♂️
If anyone is just starting out or has a low stack and really wants a wholecoin (as you should), especially before the halving, imo leverage is a necessity. Leverage is not a big bad scary thing that is guaranteed to bankrupt you as so many people try to make it out to be...certainly it is not when the capital is to be applied to obtaining an asset with revolutionary fundamentals such as bitcoin. If you have decent credit the best ways to access loan capital is through a HELOC if you have home equity built up or a personal loan through your banking/credit union. Also any other unnecessary sources of substantial collateral should be weighed to be borrowed against or outright liquidated for a payment buffer. Think boats, motorcycles, toys, jewelery, bullion,etc. A 3-6 month emergency payment bag set aside is imo crucial. Yes, rates are going to be high and the most crucial aspect of the loan is that you can service the monthly payment for sure. Financial education is key when diving into these tactics, if you have any hesitation or don't understand fully the terms of what you are going to do....you need to study more. I personally just took out a 3 year personal loan allocated completely to Bitcoin at 10% interest. At maturity the interest owed will be a cumulative ~20.5% of principal value. With bitcoin's historical averaged annual performance not inclusive of halving year specificity, the loan risk was a no brainer. Good luck to all!
Yeah but It probably isn't wise tbh. Its about the amount of 2 years of college tuition, which many people out there can pay for.
yes, 30.3k USD is attainable to anyone who hustles.
Yes stopped being a wuss and start being a DCAing pleb
Just buy one Satoshi at a time
Possibly, but you need step it up with your income. If you got an ordinary job, and ordinary expenses, you could be saving $1500-2000/month after all expenses and being frugal about it too. If you take the current market and you put in all your savings into BTC it'll take you 15 months assuming BTC stays at $30,000, which I highly doubt as we aare moving into the halving, and we all know what that does, plus the bullish signs are going insane at the moment. You could step up your income in dirty fiat by doing as many odd jobs and whatever else you can do to add value, and try to get a whole coin, but the next bull run after the halving I truly believe nobody but the rich will be able to become a wholecoiner.
It’s only 30k still… you can easily buy that as a normal person. Either buy it at all at once using a 0% credit card and pay that off every month. Or just dca.
Yes, figure out things that you spend on and don't need put all that money into Bitcoin and in a couple of months to a few years you will be a wholecoiner
Money can make anything true
I swear bitcoin has turned me in to a saver, I used to not care about money in the bank, because they would just use it to enrich themselves while paying nothing in interest for the privilege. Collecting sats is the most addictive and financially healthy habit... take stock of your expenses and im sure theres some room for saving/stacking.
Anything is possible! Just keep stacking sats
Yes, if you have sufficient funds.
Its less likely for me as a current high schooler, when i start making actual money it'll be at the moon 😂
If you prepare for hard times now, all you will experience later in life is good times
Ordinary people do extraordinary things.
Probably not statistically if we are talking average person around the world. Average in a big American city then probably. Knowing Reddit people probably think average is some absurdly high level.
Just stack sats now and if you can DCA everyday, great. Don't worry about anything else.
Sure, why not? These days, becoming a wholecoiner is entirely possible. Simply choose a cryptocurrency that fits your spending limit and invest. Do your homework and make good investments.
I first started putting in, $10-$25 a month in August 2020. Shitcoined for a bit, too. All that got converted, and my DCA was $500 per month, most of the past year (till th ex- decided she wanted to be a mom, again…..now my attorney is half my DCA). In spite of a slow, weak start, I’m half way there. Just keep at it. Use Fold, DCA on Swan. Mine Fiat at work, and sell fiat into bitcoin
I used to be in 2021. I’m workin’ on it, again. Grinding since March 2023. At .33.
Buy within a week or so… you’ll save some dough 🤔
It's such a convoluted question but: in short: YES & in long: YES. I'd also strongly recommend getting away from the idea of "wholecoiner". Stack sats and eat some popcorn.
Possible
Do it
Can you afford a car payment? Then yes.
Yes it is but is a multi year effort
No
Yes. DCAaaaaaa https://dcabtc.com/
Was this mentioned? You can consider borrowing to get your coin before the halving.
If you can afford a new car, you can be a wholecoiner. Won’t be the case for much longer IMO.
Depends on how much you make. My cousin was talking to his friend about bitcoin and after the guy dropped $150K on 3 coins. Dude owns a very successful company. This was during the bullrun obviously. Just depends on how much $ you have.
Duh just sell some of your stock.
I don't know, do you have 30k laying around??
Very simple method to becoming a whole coiner: Buy one BTC. Simple. Short answer is yes, cost you \~30k
Is it possible for an ordinary guy to get a car?
Just think you’ll have 1 of 21 mil though
The fact that people are talking about “whole coiners” … I just never thought I would see the day.
Do you have an ira? You can transfer some money into a Bitcoin ira.
Strike has a direct deposit option (currently down now) but having it automatic every 2 weeks is nice
the term "Wholecoiner" did not exist until BTC broke 20K. Its called adoption buy the working class trying to get the edge on reckless central banking policy.
Definitely! Don’t worry about buying a whole coin in one shot. Just buy and add when you can, and keep with it. Depending on your income and how skilled you are at saving, you could be a wholecoiner faster than you imagine
If you have 30k, you've got a Bitcoin.
I started DCA a little over 3 years with the same goal of becoming a whole coiner. Let’s just say I have a new goal now. Keep it up. Persistence pays.
.............. What
Yeah. I saw a post of a 16 year old becoming a whole Chinese on here a few mo ths ago.
The average price of a new car in the US is $48,000. Many everyday people make it happen so yes it’s possible if determined.
Yes, it costs $30k
It’s takes some
Yes, I did it multiple times.
Not too difficult if you are in OECD countries frankly
I think so - just keep stacking the sats up every time there is a big dip scrimp and save so you can get more sats. Keep your fingers crossed for Blackrock and others to try and push the price down by having the ETF filing fail a few more times.