In my years of HODLing Bitcoin (BTC), I’ve often experienced the bittersweet feeling of wishing I had bought more at certain price points. Watching Bitcoin’s value soar undoubtedly brings joy, but like many others, I’ve also felt a twinge of regret for not stacking more coins when prices were lower. It’s a true paradox – while we eagerly anticipate price surges, we also long for opportunities to accumulate more coins at lower prices.

In this article, I aim to alleviate some of the emotional turmoil associated with this paradox and shed light on its impact on mental well-being. Additionally, I’ll offer insights into determining a reasonable amount of Bitcoin (BTC) to aim for, despite the seeming arbitrariness of the decision.

Remember: You’re Already a Winner by Holding Any Amount of BTC

If you hold any amount of Bitcoin, congratulate yourself – you’re already a winner! Why? Because you’ve made a conscious decision to invest in one of the most stable, deflationary assets ever created. By doing so, you’re safeguarding your capital against the erosive effects of inflation. Consider this: what you can purchase for $10 today may no longer be attainable for the same amount in five years. Just look at the rising costs of essential goods like housing, food, and transportation. Investing in Bitcoin is a proactive step towards protecting your invested capital from inflation – whether it’s $100 or $100,000. Trust me, your future self will thank you.

While Accumulating Bitcoin Is Important, Remember to Live Your Life

On days when I dwell on not buying enough Bitcoin in the past, I redirect my focus to where that money went instead of Bitcoin. I reminisce about the experiences shared with friends and family – whether it’s attending sports events, going to the movies, or enjoying a night out at a restaurant. I reflect on the numerous trips I’ve taken and the enriching experiences I’ve had.

While you can always accumulate more Bitcoin, time is finite. Perhaps, in hindsight, I’ll regret not allocating an extra $100 to my BTC holdings here and there. However, I’ll NEVER regret the unforgettable trips I’ve taken or the cherished memories made with loved ones. As the saying goes, “when in doubt, zoom out.” While this phrase typically pertains to Bitcoin’s short-term fluctuations versus its long-term upward trajectory, it can also be applied differently. When feeling disheartened about not accumulating more, zoom out and recall all the wonderful experiences you’ve had in life with your fiat money. Hopefully, this perspective will make the missed gains a bit easier to digest.

Feeling Better Now? Let’s Talk Numbers

Now that we’ve addressed the emotional aspects of investing in Bitcoin, let’s delve into the crux of the matter: how much BTC should you aim to accumulate? While this varies from person to person, I recommend aiming to HODL between 0.1 BTC and 0.25 BTC. Why these figures?

Firstly, I believe these amounts are attainable for the majority of readers. At current prices, here’s what it would cost to accumulate the following amounts:

  • 0.1 BTC = $5,218 USD
  • 0.15 BTC = $7,827 USD
  • 0.2 BTC = $10,436 USD
  • 0.25 BTC = $13,046 USD

Assuming Bitcoin continues its upward trajectory, the sooner you begin accumulating, the better. Implementing a consistent Dollar-Cost Averaging (DCA) strategy is crucial. With a minimum investment of $200 per month (or $50 per week), you could invest between $2,400 to $2,600 per year. While this won’t immediately get you to 0.1 BTC within a year, considering Bitcoin’s potential for growth, you could reasonably expect to achieve this goal in approximately 2-4 years using this approach, depending on market conditions. Remember, good things take time, and accumulating BTC is no exception. Alternatively, you could take a YOLO approach and invest that amount in BTC right now!

Why 0.1 to 0.25 BTC?

I’ve chosen these figures because they provide a substantial financial safety net. Even at current prices, holding 0.1 BTC offers a significant emergency fund. However, let’s consider some potential future scenarios and how these holdings could fare:

  • BTC Price $100,000: 0.1 BTC = $10,000 and 0.25 BTC = $25,000
    • This could serve as a substantial emergency fund or a down payment on a house in a lower-cost area.
  • BTC Price $200,000: 0.1 BTC = $20,000 and 0.25 BTC = $50,000
    • This could enable purchasing a car without credit or represent the equivalent of one year’s salary for a slightly above-average US worker.
  • BTC Price $1,000,000: 0.1 BTC = $100,000 and 0.25 BTC = $250,000
    • While this scenario may seem ambitious, these figures instill confidence in holding a significant amount of value.

Conclusion

Ultimately, your objective should be to continue HODLing what you can reasonably afford while also prioritizing your life experiences. HODL hard, love hard, and live life to the fullest. After all, none of us know when our time will be up!