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A GOLDEN OPPORTUNITY FOR SMALL INVESTORS OF OWNING AT LEAST 1 BTC

A GOLDEN OPPORTUNITY FOR SMALL INVESTORS OF OWNING AT LEAST 1 BTC

From the very beginning Bitcoin (BTC) investors have awakened millions as the ecosystem is gaining momentum and internet usage, investors around the world have been in the race to raise 21 million BTC - one Satoshi at a time.


With BTC recently trading in the $ 20,000 range for the first time since 2020, short-term investors are finding a small window of opportunity to realize their dream of being at least 1 BTC. On June 20, Cointelegraph reported that the number of Bitcoin accounts for a wallet containing one or more BTC increased by 13,091 in just seven days.


While the total number of addresses holding BTC 1 has seen a sharp decline in the coming days, the crypto community on Reddit continues to welcome new crypto investors who hold their way to becoming a wholecoiner.

Redditor arbalest_22, who shared the screenshot above, revealed that it took him about $ 35k in total to accumulate 1 BTC in a few months from February 14, 2021. Demonstrating additional support for the Bitcoin ecosystem, Redditor intends to continue to buy Satoshis or stay until then. collects more than 2 BTC.


Arbalest_22 started buying BTC on the crypto exchange Coinbase but later started using Strike due to lower costs. Discussing his future plans, they said:


“I hope that in the future I will be able to treat you like rich people and manage houses and land and lend it. Then as it informs you just pay off the old loan with the new ones. Boom, tax-free income. ”

Next, another user of the Reddit Evening-Main-5860, too, posted about being able to own BTC 1 after following closely the dollar-cost averaging (DCA) strategy, where they used to buy BTC low prices for a long time. , saying:



“I managed to catch a falling knife and bought enough to run the race. This was not an easy task. I am just a normal person living a normal life. ”

Between June 15 and June 25, the total number of Bitcoin accounts for a wallet carrying more than 1 BTC grew by 873, according to Glassnode data.



Although falling BTC prices are seen by many as an investment opportunity, Google's search trends highlight the tendency of some investors to speculate about its demise.



Google search results show high concern for cryptocurrency markets following weeks of endless sales of commodity prices.

Source: cointelegraph



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